REGISTERED COMPANY NUMBER: 03596496 (England and Wales) REGISTERED CHARITY NUMBER: 1073963 REPORT OF THE TRUSTEES AND UNAUDITED FINAN IAL TATEMENTS FOR THE YEAR ENDED 31ST MAR H 2025 FOR LIFELONG FAMILY LINKS Leroy Reid & Co Chartered Certified Accountants 299 Northborough Road Norbury London SW16 4TR
LIFELONG FAMILY LINKS COIYTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Pgge Reference and fidminlstrative details Report of the trustees 2 to 7 Independent examiner's report Statement of finanelal Aetlvltles Statement of financlal position io Statement of Cash flows Note5 to the financial statements 12 to 18 Detoiled statement of finanelal aetlvltles 19 to 20
LIFELONG FAMILY LJNKS REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31ST MARCH 2025 TRUSTEES Mrs June Douglas Ms Sandra Nyamekye Yamoah Ms Ryan Hyacinthe Ms Dina Zainu Ms Alice Owusu REGISTERED OFFICE Laburnum Court l Barstow CTescent Palace Road SW2 3NS REGISTERED COMPANY NUMBER 03596496 (England and Wales) REGISTERED CHARITY NUMBER 1073963 INDEPENDENT EXAMINER Leroy Reid & Co Chartered Certified Accountants 299 Northborough Road Norbury l.ondon SW16 4TR Page I
LIFELONG FAMJLY LINKS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 The tNstees who are also directors of the charity for the pU08¢S of the Companies Act 2006, present their rew)rt with the financial statements of the charity for the year ended 3 1st 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 l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims Our objectives are: (i) To develop and deliver a range of services which complement andlor supplement those provided by statutory and other support agencies, and to work towards ensuring that current statutory and non-5tatutory s¢rvi¢es respond to le&Fislative chanbyes and evidence based on good practice. (li) To participat¢ in a range of local partnerships lo share infornlation, good practice and resourccs to enable the development of responsive services with chan¥e over time as children's and adult's needs and wishes change. (iii) To provide a range of accessible and relevant inforniation and advice about a wide range of issues important to children and adults with leaning disabilities and their ¢ar¢r. (iv) To support people with learning disabilities to be at the centre of planning and help ensure that family members and friends are partners in planning, and to involve as many agencies and individuals as is necessary to improve the livos of children and adults with learning disabilities. Our Aims Lifelong Family Link will work in partncrship with childrenlyoung people and adult with a learning disability, their carer, relatives and community bascd service providers to develop Flexible services within the community. Wc will work to ensure that the views of children and adults with a learning disability remain at the heart of our work and at the heart of the work ofothcrs. We will do this by remaining financially Strong and by r¢cruitingJ r¢taining and d¢v¢loping ¢xr¢llent staff and strong leadership. Our values We believe that everyonc is entitled to an active and fulfilling existence, full human and civil rights and to f1 valued as a member of the community. We seek to reduce the disadvantag¢ and discrimination experience by children and adults with learning disability. We support user empowernient and the development of services that are responsive to users needs and wishes. We recognise that family and friends of children and adults with learning disabilities may experience disadvanlage and discrimination as a result of their caring and responsibilitie5. We seek to support them in their role and not disadvantage them further by our Work. Page 2
LIFELONG FAMILY LINKS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 STRATEGIC REPORT Achievement and performance Charitsble aetivities Introduction The Management Committee of Lifelong Family Links (LFL) is pleased to present its Annual General Meeting (AGM) report for the financial year April 2024-March 2025. This report outlines the organisation's perfonnance, service provision, staffing developments, funding achievements, strategic priorities, and compliance outcomes. LFL remains committed to providing inclusive, person-centred services to children, young people, and families impacted by disability across the London Borough of Lambeth. Serviee Delivery Overview LFL continued to deliver scrvices consistently throughout the financial year under the Lambeth Shortbreak contracL suppl¢m¢nt¢d by spot purchase arrangements and expanded developmental programmes. Contracted and Extended Servlees Services are delivered across two sit¢s-Palace Road and Willington Road-and are supported by wheelchair-accessible transport for young people requiring assisted travel, Plays¢hem¢s and Aetivitie5 Holiday Play5cheme5 remain the most requested short break services, with an average of 20-30 children all¢nding daily, averaging l 00 young people over the period. Aclivities include: On-site.. sensory play, drama, healthy cookin& multi-sports Off-site: Littlehampton seaside, Hewitt's Trann (Kent), football, wall clirnbing, cycling These structured and dynamic experiences contribute positiv¢ly to each child's social, emotional, and physical development. Specialist Provislon LFL received positive recognition for its work with 'Specialist Users'_childr¢n and young people with complex behavioural, menlal health, and communication needs. Services are delivered in safe, nurturing environments and promote: Inlegration in universal settings F.motional resilience and confidence Employability pathways through Early Intervention and Life Skills programmes ReferrAl8 and Aecess Referrals are received from: Lambeth MAT Team Early Intervention Services Adult Disability Team Childrcn with Disabilities Team Charitable organi5ation5 Direct Payment (self-referrals) Families are registered within one week of assessment. LFL is working closely with Lambeth Adull Services to update outstanding fecs from 2023-2024 and to streamline Purchase Order (PO) processing. Staffing Mnd Workforce Developmenl Appointments Deputy Manager Finance Officer Two Senior Support Workers Additional Volunteers, Trustees, and Work Experience Staff LFL'S current staffing includes.. 3 full-time office staff and 2 part time 3 Senior Support Workers Page 3
LIFELONG FAMILY LINKS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 Induction & Supervision All personnel undergo structured induction and shadowing programmes. Regular supervision ensures slaff are supported and aligned with service objectives. Tr8ining and Safeguvdrding Mandatory training (face-to-face and online) covers: First Aid Moving & Handling Food Hygiene Autism and Challenging Behaviour Awareness Fire Prevention Health & Safety Safeguarding ( vulnerable adults and children) Administering Medication Makaton MIDAS Team Teach (positive behaviour) Staff are required to.. Hold an enhanced DBS check Provide two professional references Wear t-shirt and photo ID budges when on duty Safeguarding protocols remain central to Ll*L's quality standards. Quality Assurnnce Vdnd Compliance LfL is fomially registered with Ofsted and subject to regular quality reviews. Key compliance measures: Annual due diligence checks by Lambcth Council Annual Health & Safety and HR audits by Kingfisher Consultants Responsive policy and procedure updates Positive Ofsted inspection during the previous year "These frameworks reinforce LFL'S commitment to service safety, transparency, and improvement. Llfe Skllls and Employability Programme Funded by the Walcot Foundation and supported by Lambeth Made, this project has successfully equipped NEET young people with tools for independent living. Features include: ASDAN-accredited personal developrncnt curriculum Training in retail, first aid at work, food hygiene, and resilience Work experience in community settings: HAve Café, charity shops, and gardens The project continues to achieve a l OOQ/o pass rate in ASDAN certifications. Page 4
LIFELONG FAMILY LINKS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 Funding Aehievements LFL secured income from multiple sources,. Lambeth Youth & Play (EIPS and HAF) Lambeth Short Breaks (Year 4 of contract) Walcot Foundation Big Lottery Fund (one-off grant) London Youth Lambeth Adult Services (Spot Purchases) Direct Payments from families Charity Bank (interest) Hall Hire Sale and Hire of Minibus Fleet This diverse portfolio enabled operational growth, programme expansion, and long-tenn sustainability. Acknowledgement The Management Committee cxtcnds its heartfelt thanks to the incredible individuals and organisations who have contributed to LfL's Success over the past year. We recogni5e and deeply appreciatc.. All staff and volunteers for their tireless work and enthusiasm Our trustees for their invaluable governance and leadership The continued 5UPPOrt of our funders Our accountants, Leroy Reid & Co, for their financial expertise Our families who stand behind our efforts with unwavcring encouragcment Fundraising Consultant, Taylor Solution, for strategic guidance and commitment Payroll Partner, Tandem solution, for efficient and reliable service And our many pariners, whose collaboration enhances every facet of our work Their dedicalion and shared values continue to inspire and energise l.Tr L's mission. Together, we are driving meaningful change. We also wish to honour our CF,0, who has provided steadfast leadership for 24 years. At the helm of l.FL's journcy, their vision, wisdom, and enduring commitment have guided the organisation through periods of transfonnalion and growih. Undcr their stewardship, LFL has become a beacon of resilience and impact-fostering a culture of excellence that continues to shape our fUre. Conclusion L.ifelong Family Links reaffirms its commitment to delivering impactful, inclusive services tailored to the diverse nceds of disabled children, young pcople, and families. The charity remains focused on strategic expansion, quality Care, and community partnership5 as it enters the new financial year. Finanei41 revie FUNDING We have about tcn current funding streams which included Lambeth Youth & Play for Playscheme (HAF), and EIP (life skills} funding. Lambeth Short Breaks. year four of the contract (extended). We had ¢x¢eptional successes in the last two years with Walcott Foundation, covering Life skills project, which was refvnding for a furth¢r one year. (Ends December 2024) IILe young people experienced work in a number of environments such as gardening. The Hive café and the heart foundation charity shop. We are clernally grateful to all our funders and the 5ucce5sful delivery of this yearfs projects. The London Youth, Lambeth youth & Play, along with many more. Reserve5 policy The Trustees have established a reserves policy to enable the charity to function effectively and meet its obligations in the event of a decline in our income or a major cost. Having considered the relevant risks of changes in income and expenditure, the trustees have detemined that the appropriale level of reserves is in the range £200,000 to £300,000 would be reasonably adequate for a charity of our size. Page 5
LIFELONG FAMILY LINKS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 STRATEGIC REPORT Future plans Strategic Planning (2025-2026) (a) Clear Shared Vision The organisation recognises the importance of long-terni sustainability beyond short-tern] challengcs. Slrategic planning involved trustees, staff, service users. carers, and stakeholders. Thc forward vision focuses on expanding expertise in: Working with disabled young people and those with complex needs Delivering projects in Life skills, Health & Wellbeing, and Community Cohesion Providing Adult Social Care services, including I: I support and employability programmes This approach supports adaptability in funding models and outcome-based service delivery. (b) Developing Good Working Relationships LFL is building relationships with employers and providers to ¢xpand work placements. Partners include: Ebony Horse Riding Streatham Business District Bankside Garden Centre Briton Orchard Garden5 Kensington & Chelsea Hospital Guys and & lThomas's NHS Trust Transport for London (TFI.) Oasis Venture Sunshine Art Active Living Support Leroy Reid & Co Urban Growth Disability Advice Service Lambeth Southwark Food Bank and Connection Waterloo Business District Brixton soup kitchen In addition, the charity seeks closer partnerships to replicate successful collaborative mode15 across Larnbh, Southwark, and Croydon, (e) Focus on Marketlng With the anlicipated rise of personal health budgets and direct commissioning, LFL is preparing for the transition from block contracts to individual purchasing. To ensure resilience: A robust, ongoing marketing strategy will be deployed Emphasis will b¢ placed on social mcdia presence and website optiInisation Visibility among purchasers, Service users, and fellow providers will bc actively cultivated STRUCTURE, GOVERNANCE AIYD MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Charity constitution The organisation is a charitabl¢ company limited by guarantee, incorporated on 10th July 1998 and registered as a charity on 15th February 1999. The company was established under a memorandum of Association which established the objects and power of the charitable company and is governed under its Articles of Association. In event of the company being wound up Members are required to contribute an amount not exceeding £1 O. The company changed their name from Lamb¢th Family Link to Lifelong Family Link on 3rd December 2012. Page 6
LIFELONG FAMILY LINKS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. FUNDS HELD AS CUSTODIAN FOR OTHERS The charltable company did not hold funds as custodians on behalf of other in the year cnded 31 March 2025. STATEMENT OF TRUSTEESI RESPONSIBILITIES The trustces (who are also the directors of Lifelong Family Links for the purposes of company law) are responsible for preparing the Report of the trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practic¢) including Finan¢ial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland Company law r¢quires the trustees to prepare financial statcments for each financial year which give a true and fair view of th¢ state of affairs of the charitable company and of the incominby resources and application of resources, including the incorne and expenditure, of ihc charitable company for that period. In preparing ihosc financial statements, the trustees are required to select suitable accounting policies and then apply them consistently> observe ihc methods and principles in the Charity SORP. make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departure5 disclosed and cxplained in the financial statem¢nts' prepare the financial staternents on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustces ar¢ r¢5ponsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to cnsure that the financial statements comply with the Companies Act 2006. They are also responsible for Safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Report of the trustees, incorporating a Strategic report, approved by order of thc board of trust¢es, as the company dircctors, on............................................. and signcd on the board's behalf by: Mrs June Douglas - Trustee Page 7
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LIFELONG FAMILY LINKS Independent examiner's report to the truslees of Lifelong Family Links ('the Company,) I report to the charity trustees on my examination of the acc4)unts of the Company for the year ended 3 1st March 2025. Responsibilities and basis of report As the charity's tnlstees 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 (Ihe 2006 Act,). Having satisfied myself that th¢ accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for ind¢pendent examination, I report in respect of my examination of your charity's accounts as Caled out under Section 145 of the Chariti¢s Acl 2011 (Ihc 201 l 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 confirnl that l am qualified to undertak¢ the examinalion because I am a member of the Association of Chartered Certified Accountants, which is one of the li51ed bodies. I have completed my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act. or the accounts do not accord with those records. or the accounts do not comply with th¢ accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounls give a true and fair view which is not a matt¢r considered as part of an independent examinalion. or the accounts have not bcen prepared in accordanc¢ wlth the Methods and principles of the Statement of Recommended Praclice for accounting and reporting by charities (applicable to charities preparing their accounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come acTOSS 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. F.benezer Okai Bsc FCCA Leroy Reid & Co Chartered Certified Accountants 299 Northborough Road Norbury London SW16 4'fR Date: ............................................ Page 8
LIFELONG FAMILY LINKS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025 2025 Total funds 2024 Tolal funds UnrestrietedRestrieted funds fund Notes INCOME AND ENDOWMENTS FROM Donations and l¢gacies 26,824 26.824 36,260 ChAritable activities Charitable activities 336,411 466,544 802,955 691,300 Investment income Other income 38,187 8,553 33,187 ,553 26,216 920 Total 409,975 466.544 876 519 EXPENDITURE ON Charitable activities Charitable activities 507 709 511712 463 359 NET INCOME 405,972 (41.165) 364,807 291,337 RECONCILIATION OF FUNDS Total funds brought forward 1,040,227 433,407 1,473,634 1,182,297 TOTAL FUNDS CARRIED FORWARD 1446 199 392 242 1838 441 1473 634 The notes forn) part of these financial statements Page 9
LIFELONG FAMILY LINKS STATEMENT OF FINANCIAL POSITION 3] ST MARCH 2025 2025 2024 Notes FIXED ASSETS Tangible assets 37,443 46,837 CURRENT ASSETS Debtors Cash at bank and in hand 12 64,771 1,740,428 55,974 1378 564 1,805,199 1,434.538 CREDITORS Amounts falling due within one year 13 (4,201) (7,741) NET CURRENT ASSETS 1,800.998 1426,797 TOTAL ASSETS LESS CURRENT LIABILITIES 1,838,44J 1,473,634 NET ASSETS 1838 441 1473 634 FUNDS Unrestricted funds Restricted funds 15 1,446,199 392 242 1,040,227 433 407 TOTAL FUNDS 1838 441 1473 634 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 st March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 sl March 2025 in accordance with S¢ction 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 affair5 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 requiremtS of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial 5tat¢mcnts, so far as applicable to the charitable company. The financial stat¢rnents were approved by the Board of Trustees and authoris¢d for issue on . and were signed on its b¢half by: Mrs June Douglas - Trustee The notes forni part of these financial statements Page 10
LIFEIA)IYG FAMILY LINKS STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST MARCH 2025 2025 2024 Notes Cash flows from operating activities Cash g¢n¢ral¢d from operations 17 323 677 299,007 Net cash provided by operating activities 323,677 299,(K17 Cash flows from investing activities Purchase of tangible fixed assets Sal¢ of tangible fixed assets Interest received (27,500) 2,000 26,216 38,187 Net cash provided by investing activities 38,187 716 Change in cash and cash equivalents In the reporting perlod Cash and cash equivalents at Ihe beginning of the reporting period 361,864 299,723 1,378 564 1,078.841 Cash and cash equivalents at the end or the r¢porting period 1,740,428 1,378,564 The notes forni part of th¢s¢ financial statements Pagell
LIFELONG FAMILY LINKS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 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: Slatement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ir¢land (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'Th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Compani¢s Act 2006. The financial statements have been prepared under the historical cost convention. INCOME All income is recognTsed in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that thc income will be received and the amoLmt can be measured reliably. EXPENDITURE Liabililies are recogniscd a5 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 thc amount ofthe obligation can be mcasured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregat¢ all c05t related to the category. Where costs cannot be directly atlribulcd to particular headings they hav¢ b¢¢n allocated to activities on a basis consistent with the use of resources. TANCIBLE FIXED ASSETS Depreciation is provided at the following annual rales in order to write off each asset over its cstimated useful life. IT Equipment Motor Vehicle Office Equipment 20% Reducing balancc 20 % Reducing balance 33 113 % Rcducing balance TAXATIOIY "I'he charity is exempt from corporalion lax on its charilabl¢ artivitics. FUND ACCOUNTING Unrestricted funds can b¢ used in accordance with the charitable objective5 at the discretion of the trustees. Designated funds are unrcslriclcd funds available for the general purposes of the charity, but which the trustees have ¢hos¢n to carn)ark for a particular purpose. Rcstricied funds can only be used for particular restri¢ted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds arc raised for particular restricted purposes. Further explanation of the nature and pUoSe of each fund is included in the notes to the financial statements. PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS The charitable company operatcs a defined contribution pension scheme. Contributions payable to Ihe haritable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 12 continued...
LIFELONG FAMILY LINKS NOTES TO THE FINANCIAL STATEMENTS - eontinued FOR THE YEAR ENDED 31ST MARCH 2025 DONATIONS AND LEGACIES 2025 2024 Membership fee & donations 26,824 36,260 INVESTMENT INCOME 2025 2024 Deposit account interest 38,187 26,216 INCOME FROM CHARITABLE ACTIVITIES 2025 Charitable aetlvities 2024 Total aetlvities London Borough of Lambeth Sport England The National Lottery Community Fund Walcot Foundation London Youth 774,467 644,800 4,000 10,000 30.000 2,500 28,488 802.955 691300 OTHER INCOME 2025 2024 Other income 8,553 919 CHARITABLE ACTIVITIES COSTS Direct Costs (see nole 7) Charitable activities 511,712 Page 13 continued...
LIFELONG FAMILY LINKS NOTES TO THE FINANCIAL STATEMENTS- eontinued FOR THE YEAR ENDED 31ST MARCH 2025 DIRECT COSTS OF CHARITABLE ACTIVITIES 2025 2024 Staff costs Insurance Telephone Postage and stationery Adv¢rtising Sundries Outing and refreshments Staff welfare Staff training Fines Office rental & garage Agency fees Consultancy fees Data and IT Support Repairs and maintenance Cl¢aning Motor running costs M¢mb¢rship and Subscription Legal & professional Bank charges Travelling Examiner fees Depreciation Loss on sale of assets 402,480 1,320 4,426 1,462 314 2,269 8,487 417 4,199 2.305 16,581 7,686 9,273 2,237 4,213 2,200 20,305 6,051 1,301 107 482 4,203 9,394 343,776 2,813 4,171 2,193 8,301 355 5,822 920 5,939 1,205 20,437 7,929 15,501 508 3.606 4,239 15.597 1,206 10,802 70 551 3,878 (3,005) 511712 463 359 NET INCOMEI(EXPENDITURE> Net income/(expenditure) is stated after charging/(crediting): 2025 2024 Depreciation - owned assets Deficit on disposal of fixed assets 9,394 10,152 TRUSTEES, REMUNERATION AND BEIYEFITS There were no trustees, remuneration or other benefits for the year ended 3 1st March 2025 nor for the year ended 3 1st March 2024. TRUSTEES, EXPENSES There were reimbursed a total of £482 (2024 £124) for related expense5 incurred while carrying out their duties for the year ended 3 1st March 2025. Page 14 continued...
LIFELONG FAMILY LINKS NOTES TO THE FINANCIAL STATEMENTS - Continued FOR THE YEAR ENDED 31ST MARCH 2025 io. STAFF COSTS 2025 2024 Wages and salaries Social security costs Other pension costs 362,938 23,504 320,743 19,585 402 480 343,776 The average monthly number of employees during the year was as follows: 2025 32 2024 26 Admin and centre slaff The nurnber of employee benefits {ex¢luding employer p¢nsion costs) exceeding £60,000 was.. 2025 2024 £60,000 - £70,000 TANGIBLE FIXED ASSETS Fixtures and rillingj Motor vehicles Compuler equipment Totals COST At 1st April 2024 and 31 st March 2025 DEPRECIATION At I st April 2024 Charge for year 12,920 65 18,177 12,881 847 43,978 At 31 st March 2025 NET BOOK VALUE At 31 st March 2025 129 At 3 1st March 2024 194 12. DEBTORS: AMOUNTS FALLIIYG DUE WITHIN ONE YEAR 2025 2024 Trade receivable Other debtors 64,371 400 54,226 1,748 64,771 55,974 Page 15 continued...
LIFELONG FAMILY LINKS NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST MARCH 2025 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors Accrued expenses 3,920 7,741 14. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2025 Total funds 2024 Total funds UnrestrieledRestrieled nds fund Fixed assets Current assets Current liabilities 37,443 1,416.111 37,443 1,805,199 46,837 1,434,538 389.088 1446 199 392 242 1,838 441 1473 634 15. MOVEMENT IN FUNDS Nel movement in funds At 31.3.25 At 1.4.24 Unreslrieted funds General fund 1,040,227 405,972 1,446,199 Restricted funds Restricted fund 433,407 (41,165) 392.242 TOTAL FUNDS 1473 634 1838441 Included in general fund is £700,000 earn]arked for the planned propety acquisition to offer shortbreak r¢spite Services on a residential level for SEND children. Page 16 continued...
LIFELONG FAMILY LINKS NOTES TO THE FINANCIAL STATEMENTS - eontinued FOR THE YEAR ENDED 31ST MARCH 2025 15. MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are &s follows: Incoming resources Resourees expended Movement in funds Unrestricted funds General nd 409,975 (4,003) 405,972 Restricted funds Restricted fund 466,544 (507,709) (41,165) TOTAL FUNDS 876,519 511712) 364 807 Comparatives for movement in funds Net movement in funds Al 31.3.24 At 1.4.23 Unrestricted funds General fund ,030,192 10,035 1,040,227 Reslricted funds Restricted fund 152,105 281,302 433,407 TOTAL FUNDS 1 182297 291337 1,473 634 Comparative net movement in funds, included in the above are as follows: Intoming resourees Resources expended Movement in fund$ Unrestricted funds G¢neral fund 63,396 (53,361) 10,035 Restricled funds Restricted fund 691,300 (409,998) 281,302 TOTAL FUNDS 754 696 463.359) 291,337 i& RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 st March 2025. Page 18
LIFEtL)NG FAMILY LINKS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2025 17. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net ineome for the reporting period (as per the Ststement of financivdl aetivitie5) Adjustments for: Depreciation charges Loss on disposal of fixed assets Interest received (Increase)Idecrease in debtors D¢¢rea$e in creditors 364.807 291,337 9,394 (3,005) 6,545 (26,216) 39,894 (38,187) (8,797) Net Cash provided by operation$ 323.677 299.007 18. ANALYSIS OF CHANGES IN NET FUNDS Net cash Cash at bank and in hand 1378 564 361864 1740 428 1378 564 1740 428 Total 1378 564 361864 1740 428 Page 18
LIFELONG FAMILY LINKS DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025 2025 Total funds 2024 Tolal funds Unrestricted funds Restrieted funds INCOME AND ENDOWMENTS Donations and legaeies Membership fee & donations 26,824 26,824 36,260 Investment income Deposit account interest 38,187 38,187 26,216 Charitable activitl London Borough of Lambeth Swrt England The National Lottery Community Fund Walcot Foundation London Youth 307,923 466,544 774,467 644,8(Ki 4,000 10.000 30,000 336,411 466,544 802,955 691,300 Other Income Other income 553 920 Total ineomlng resourees 409,975 466,544 876,519 754.696 EXPENDITURE Charitsble 2etiYitiey Wages Social security Pensions Insurance Telephone Postage and ststionery Advertising Sundries Outing and r¢freshments Staff welfare Staff training Fines Office rental & garage Agency fees Consultancy fees Data and IT Support Repairs and maintenanc¢ Cleaning Motor running c05t5 Membership and Subscription Carried forward 362,938 23,504 16,038 1,320 4,426 1,462 314 2,269 8,487 617 4,199 2,305 16,581 7,686 9,273 2,237 4,213 2,200 20,305 6.051 496,425 362,938 23,504 16,038 1,320 4,426 1,462 314 2,269 9,855 417 4,199 2,305 16,581 7.686 9,273 2,237 4,213 2,200 20,305 6.051 496,225 320,743 19,585 3,448 2,813 4,171 2,193 8,301 355 5,822 920 5,939 1,205 20,437 7,929 15.501 508 3,606 4,239 15,597 1,206 444,518 (200) (200) This page does not forni part of the statutory financial statements Page 19
LIFELONG FAMILY LINKS DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025 2025 Total funds 2024 Total funds Unrestricted funds Restricted funds Charitable activities Brought forward Legal & professional Bank charges Travelling Examiner fees Depreciation of tangible fixed assets Loss on sale of tangible fixed assets (200) 496,425 1,301 107 482 496,225 1,301 107 482 4,203 9,394 444,518 10,802 70 551 3,878 {3,005) 6,545 4,203 9,394 4.003 507,709 511.712 463,359 Total resources expended 4,003 507,709 511,712 463,359 Net income 405 972 41 165) 364 807 291,337 This page does not forni part of the statutory financial statements Page 20