REGISTERED COMPANY IYUMBER: 03599476 (England and Wales) REGISTERED CHARITY NUMBER: 1074800 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR SUFFOLK BEFIUENDING SCHEME FOR PEOPLE wTrH LEARNING DISABILITIES
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Reference and Administrative Details Report of the Trustees Independent Examiner's Report Statement of Financial A¢tivities Balance Sbeet 9 to 10 Note$ to the Financial StateDients 11 to 18 Detsiled Ststement of FinancAal Activities 19 to 20
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES REFERENCE AND ADMENISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES Mrs F C Toff ington Mrs B Crack (resigned 31.12.23) Ms R Calver (resigned 23.10.23) Mr J Phythian Mr L Onyekachi Ebuka MrsFJBery Mr A K Vowles (resigned 23.10.23) Mr C M Waters (resigned 14.11.23) Mr P B A Roberts (appointed 3.1.24) REGISTERED OFFICE l The Croft Sudbury Suffolk COIO IHN REGKSTERED COMPANY NUMBER 03599476 (England and Wales) REGISTERED CHARITY NUMBER 1074800 INDEPENDENT EXAMINER Scago and Stopps Chartered Certified Accountants 61 Station Road Sudbury Suffolk COIO 2SP Page I
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES REPORT OF THE TRUSTEKS FOR THE YEAR EI¥DED 31 MARCH 2024 THE IMPACT OF OUR WORK The Befriending Scheme (TBS) has been providing friendship and learning opportunities for adults (16yrs+) from vulnerable groups since tts formatton in 1989. The charity has grown to offer support beyond its original members with learning dÉsabiliti¢s and now offers services to those with mild mental health conditions, older people, and families with children under 5yrs. The scheme has a proven track rccord of providing, and will continue to provide, supportive learning and leisure services to vulnerable adults throughout Suffolk. ORTECTIVES AND ACTIVITIES Objectives and aims for the public benefit TBS will continue to develop its services and support to ensure that they meet the needs of our members and our communities and are aligned to the charity's objectives of relieving and rehabilitating people and families who face multiple disadvantage through their learning, physical, mental and age-related experience or situation, resident in East Anglii in such ways as the charity think fit. We will contÈnue to work with key stakeholders and commissioners to offer support for vulnerable adults and children and help to design and develop additional support to meet the changing nceds of vulnerable people in our community. Significant activities We Continuc to offer a broad range of activities to our members across th¢ county, provtding a variety of indoor and outdoor sessions to give people as much choice as possible. We offer everything from fun music and crafts sessions, developing life skills in our cookery classes, to personal development through prc<mployability training. At the Red Rose Community Farni, m¢mb¢rs have the opportunity to interact with friends, staff, volunteers and our animals. Th¢ objective is to increase the number of members that attend the Tuesday to Friday sessions on a daily basis to a total of15. Currently the maximum daily total is 12. The Business Development Manager is working hard to increase our profile both in the community and with social work ieams and commissioners wherever possible. The trustse board I replaced Bharatti Crack as acting chairnian in September 2023. Piers Roberts who has recently joined the board will take over the mle as chairn]an in due course, but it was dccided it was good for him to learn about the charity before taking the lead role on the board. The board consists of five very MmItted and hardworking trustees. Page 2
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DISABILrrIES REPORT OF THE TRUSTEES FOR THE YEAR ErDED 31 MARCH 2024 ACHIEVEMENT AND PERFORMAIYCE Charitable activities The Red Rose Community Fam) in Lindsey continues to establish itself in its new setting and to flourish. This is largely due to the generosity of James Buckle and Heathpatch Ltd, who created the opportunity for TBS to move to the new site which is now being leased to th¢ charity. In November the Heathpatch team worked on laying new paths from the car park to the portacabAns, allowing members to safely transfer from the minibus. Th¢ pathways to all the other animal areas and buildlngs are scheduled to be started in early Spring once the weather allows. A particular mention should be made of the commitment and hard work put in by the TBS staff team, their families and volunteers who continu¢ to go above and beyond to get and keep the farni developing and functioning. The new site offers sufficlent space for two portacabins, more polytunnels and additional housing for the poulty and animals, as well as a large parking area. Due to lack of funding our Mindful Monday proJt has pauscd. We have ndIng to offer family days on Mondays during school holidays. We have also begun to recetve school visits on d Monday. Pupils from Pot Kiln Primary School have attended 3 times so far and have b(M)k¢d a further 5 visits. We also use Mondays to work with a few dedicated volunteers who put their hand to all tasks physical! From Tu¢sday to Friday as at the end of March 2024, a total of 21 members attend the farni. Some attend just one day a week whilst others for 2, 3 or cvcn 4 days a week. On the last Friday of th¢ month TBS has a stall at the Sudbury Fanners Market selling plants and herbs grown at the farn], and a variety of crafts depending on the season e.g. bird houses, woodcn snowmen. plantltool holders. The stall is run by TBS staff memb¢rs and th¢ members who visit the farni, giving members another opportunity to build confidence, social and transfei2ble skills. Maintaining consistent membership and attendance at our hub groups has bccn an ongoing challenge. We faced challenges with venu¢ availability, recruiting and retaining suitable staff, and funding. As a result of thcsc difficulti¢s we reluctantly closed the hubs in Stowmarket and Ipswich. We Continue to run the hubs in Sudbury, Lowestoft and Hav¢rhill, along with our Children in Need funded project in Sudbury. Membership numbers for the Out and About sessions has slightly increased. Fundraising activities We were fortllnate enough to be very well supported by our sponsors Drage and Tozer. local opticians, and Perrywood Garden Centre, Sudbury. Their fundraising efforts and generous allowances have meant that w¢ were able to purchase somc huge wheelchair accessible vegetable trugs, fThit trees, professional signage for around the farni, compost, kneeling pads, secateurs and a whole lot more! Our sensory garden is well on the way to completion. We are also thankfvl for the ongoing support of our regular monthly donors, and all th¢ individuals/organisations that have made significant contributions in support of our services this year. This year we were delighted to rec¢ive a donation of £13,265 from thc father of one of our members at Red Rose Community Farni. He had auctioned a collection of computer and technical equipment on his YouTube channel which has IOOO'S of followers. Page 3
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES REPORT OF THE TRUSTEES FOR THE YKAR ENDED 31 MARCH 2024 FINANCIAL REVIEW Principal funding sources The level of grant income/large donations raised during FY23124 has almost halved compared with FY22123, clearly demonstrating the huge challenges faced by charities in the current climate. Suffolk County Council continues to support many of our members with personal budgets enabling them to regularly enjoy the groups and services we offer, contributing a large proportion of our total income through spot purchasing subscriptions. Income derived from other members has increased again this year, with more members choosing to pay for attendances on a more flexible pay-as-you-go basis giving them the freedom to choose services independently. New income streams this year include monthly sales of produce and garden equipment grown and Created by our members, and from local schools who are using their allocat¢d SEND funding to bring pupils to the care farn). This is an area we are hoping to expand on over th¢ coming months. Grant funders this year include (amongst others) West Suffolk Council; ActAvities Unlimited. Children In Need. L D Rope Third Charitable Settl¢m¢nt Fund" several local councillors across Suffolk, providing much needed funds to continue running our core befriending and hub group services; NHS CYP; Babergh & Mid Suffolk Council, whose CIL funding has allowed us to continue with Capital works at the farm in Lindsey. Once again, we must thank Suffolk Community Foundation for their generous and continued support in all areas of the charity's work. We are grateful to each and every one of our donors - both corporate and personal for their valuable contributions to the charity during this challenging y¢ar. Investment policy and objectives Under the Memorandum and Articles of Association, TBS has the power to make an Investment which trustees see fit. The trustees have considered the most appropriate policy for investing funds. No investments have been made to date and at present funds are left on account with the company's bankers. Reserves policy The trustce board has examined TBS, requirements for reserves in light of the main risks to the organisation and agreed the following policy. In line with previous years the trustees have deemed it wholly necessary to maintain minimum reserves equivalent to at least six months core expenditu to provide the ability to meet redundancy costs, legal and accountancy costs until the time of expiry of the lease. The trustees consider that should no further funding or income be received this reserves fund would enable the charity to provide staff and creditors suificient notice of charity closure. It is also necessary to maintain reserves to fund fixed assets and oth¢r maintenance and replacement. Page 4
SUFFOLK BEFIUENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 FUTURE PLANS Our strategic plan for the next two years includes five key themes: Recovery and D¢velopment, Innovation, Equality Diversity and Inclusion (EDI), Sustainability and Collaboration. Like many charities, fundraising is an ongoing struggle as we work so closely with local authorities with reduced budgets and face the impacts of the cost of living Crisis. In response. we have re-focused some staff on fundraising and grant activity, to increase our chances for securing vital funds. We will continue to seek regular, sustained funding, as well as one-off grants to ensure as consistent a flow of income as possible. We will continue to monitor closely the perfornlance of our existing hub groups to ensure they stay financially viable and provide the best services and activiti¢s for our members. We are working with staff and volunteers to d¢velop plans for seeking out new members. Future plans include offering 'Hom¢ School, sessions for SEND children who are unable to attend specialist schools, as there are not enough spaces available. engaging with dementia sufferers and their families/carers, offering a men's group at the fann, and continuing to hold regular community events. Having a calendar of regular events should build engagement, raise our profilc, fundraise and demonstrate our impact to potential partners so that with their support, we can expand our reach and s¢rvic¢s. We plan to offer through funding from Activities Unlimited, a project to host SEND families once a month for weekends at the fami. As thc carc farm at Lindsey develops, there ar¢ opportunities in the near future for us to acquire an additional site to develop another fami. This new site would be in partnership with Suffolk County Council, and would increase the services we offer in one of our focus areas in the county. We are excited to see how these plans develop over the next year. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The company was incorp()rated on 17 July 1998, is limited by guarantce and does not hav¢ a share capital. The income of the company must be applied only towards the promotion of its objects as set out in its Memorandum and Articles of Association. Directors and appointment of new trustees The charity is organised so that the trustees meet regularly to manage its affairs. All directors of the company are also trustees of the charity, and there are no other trustees. The board has the power to appoint additional trustees as it considers fit to do so. Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensur¢ appropriate Controls are in place to provide reasonabl¢ assurance against fraud and error. The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient r¢sources in the event of adverse conditions. The trustees have also examined other operational and business risks faced by the charity and confinn that they have established systems to mitigate the significant risks. ACCOUNTANTS A resolution proposing Seago and Stopps be re-appointed as accountants of the charity will be put to the Annual General Meeting. Page 5
SUFFOLK BEFRIENDING SCHEME FOR PF.OPLE WITH LEARNING I)ISABILITIES RF,PORT OF THE TRUSfES FOR THE YEAR ENDED 31 MARCH 2024 Tl)is report has been prepared in accordance wilh the special provisions of Pait 15 of the Companies Act 2006 relating to small compani¢s. Approved by order of the board of trustees on . and qigiied on ils behalf bi,: Mr8 l.. Torrington - TiiJstCL Pa¥¢ 6
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES Independent examiner's report to the trustees of SUFFOLK BEFIUENDXNG SCHEME FOR PEOPLE WITH LEARNING DISABILITIES ('the Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. 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 requir¢m¢nts 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 Comtnission under Section 145(5) (b) of the 2011 Act. Independent examiner's statement Since your chartty's gross incomc cxceeded £250,000 your examiner must be a member of a listed body. I can confirni that l am qualified to undertake the examination because l am a metnber of th¢ Association of Chartered Certified Accountants, which is onc of th¢ listed bodies. I have completed my examination. I confirnl 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 the accounts do not accord with those records. or the accounts do not comply with thc accounting requirements of Section 396 of the 2006 Act other than any requir¢m¢nt that the accounts give a true and fair view which is not a matter considered as part of an independent examination. or 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 Ftnancial R¢porting 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, Johft Seago FCCA The Association of Chartered Certified Accountants Seago and Stopps Chartered Certified Accountants 61 Station Road Sudbury Suffolk COIO 2SP 1 tr4L-120.Y............. Page 7
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 31.3.24 Total funds 31.3.23 Total funds Unrestricted Restricted fund fijnd Notes INCOME AND ENDOWMENTS FROM Donations and legacies 23,857 66,927 90,784 219,060 Other trading activities Investment income Other income 221,643 2,860 221,643 2,860 192,110 2,706 423 Total 248,364 66,927 315,291 414,299 EXPENDITURE ON Raising funds 505 505 475 Charitable activities Direct charitablc expenditure 326,022 117,264 443,286 557,209 Other 227 Total 326 527 117,264 443,791 557,911 NET INCOMEI(EXPENDITURE) Transfers between funds (78,163) 8,236 (50,337) (128,500) (143,612) 8,236) 16 Net movement in funds (69,927) (58,573) (128,500) (143,612) RECONCILIATION OF FUNDS Total funds brought forward 192,796 224,451 417,247 560,859 TOTAL FUNDS CARRIED FORWARD 122,869 165,878 288 747 417,247 Page 8
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES BALANCE SHEET 31 MARCH 2024 31.3.24 Total funds 31.3.23 Total funds Unrestricted Restricted fund fund Notes FIXED ASSETS Tangible assets 17,478 161,550 179,028 210,065 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 12 13 4,100 43,860 68,761 4,100 43,860 122,986 4,250 9,706 209,125 54,225 116,721 54,225 170,946 233,081 CREDITORS Amounts falling due within one year 14 (6,330) (49,897) (56,227) (25,899) NET CURRENT ASSETS 110,391 4,328 114,719 207,182 TOTAL ASSETS LESS CURRElYf LIABILITIES 127,869 165,878 293,747 417,247 PROVISIONS FOR LIABILITIES 15 (5,000) (5,000) NET ASSETS 122,869 165,878 288,747 417,247 FUNDS Unrestricted funds Restricted funds 16 122,869 165,878 192.796 224,451 TOTAL FUNDS 288,747 417 247 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The members have not r¢quired the company to obtain an audit of its financial statements for th¢ year ended 31 March 2024 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 th¢ 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 Éts surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which othenvise comply with the requirements of th¢ Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. Page 9
SUFFOLK BEFRIENDIYG SCHEME FOR PEOPLE WITH LEARNlryI G DISABILITIES BALANCE SHEET - eontlnued 31 MARCH 2024 'I'hese financial slatemenls have been prepared in accordan¢¢ ivith the provisions applieable to charitable companies subj¢ct to the small companies regime. The fillancial statements were approved by the board of tneeS and authori8ed for is5 on .-0810712024..... ..... . and were signed oil ILS behalf by: Mr P Rob¢rts- Tnte¢ Page 10
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 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 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 statements have been prepared under the historical cost convention. 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. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probabl¢ that a transfcr 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 allo¢atcd to activities on a basis consistent with th¢ us¢ of resourccs. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Leasehold improvements Plant and vehi¢l¢s Fixtures and fittings Office equipment IO% on cost 20 % on reducing balance 250/0 on reducing balance 250/0 on reducing balance and 200/0 on cost Stock8 Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Taxation The charity is exempt from corporation on its charitable activitkes. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at th¢ discretkon 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. Page 11
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE wrrH LEARNING DISABILITIES NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES- continued Financial instruments The charity enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as accounts receivable and payable, bank loans, lease and hire purchase and lease contracts. Fundraising costs Fundraising expenditure comprises costs incurred in inducing people and organisations to contribute financially to the charity's work. This includes the cost of the stagkng of special fundraising events. DONATIONS AND LEGACIES 31.3.24 31.3.23 Donations and gifts Grants receivable 23,857 66,927 3,086 215,974 90,784 219,060 31.3.24 31.3.23 Total Total Funds Funds Restricted Unrestricted Funds Funds Suffolk Community Foundation Babergh & Mid Suffolk District Council - CIL Funding NHS - CYP NDD support services Boshier-Hinton Foundation - Boccia funding SCC Aclivities unlimited WSCCG Fund Stowmarket Town Council SCC - Councillor directed support grants LD Rop¢ Third Charitable Settlement Henry Smith Charity Suffolk County Council - Engaged Communities Power to Change Children Én Need West Suffolk Council - Community Chest (Leiston) Suffolk County Council Donations and gifts Other miscellaneous grants 11,543 2,520 13,264 2,000 8,676 11,543 14,000 2,520 60,907 13,264 2,000 8,676 8,600 26,524 400 5,020 5,000 5,020 5,000 30,000 30,816 10,000 11,674 19,456 5,000 5,267 6,454 23,857 3,086 2,230 3,550 11,674 5,000 23,857 2,230 90,784 219,060 Page 12
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 IVIARCH 2024 OTHER TRADING ACTIVITIES 31.3.24 31.3.23 Fundraising events Merchandise and other income Membership income Spot purchasing subscriptions Employer Nl allowance 17,439 9,206 83,013 106,985 5,000 4,408 4,434 75,189 103,079 5,000 221,643 192,110 Fundraising activities raised an &mount of £17,439 (2023: £4,409) during the year. The costs associated with fundraising income are included within direct charitable expenditure. INVESTMENT INCOME 31.3.24 31.3.23 Interest on UK cash deposits 2,860 2,706 OTHER INCOME 31.3.24 31.3.23 DBS checks 423 423 NET INCOME/{EXPENDITURE) Net incomel(expenditure) is stated after charging/(crediting}: 31.3.24 31.3.23 Depreciation - owned assets Deficit on disposal of fixed assets 31,901 26,292 TRUSTEES, REMUNERATION AND BENEFITS During the year there were no payments made to trustees {2023: £227 - paid to 3 trustees) for travel expenses. Page 13
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES NOTES TO THE FINANCIAL sTATETrNTS- continued FOR THE YEAR ENDED 31 MARCH 2024 STAFF COSTS The average monthly number of employees during the year was as follows.. 31.3.24 31.3.23 Volunteer co-ordinators Office and administrative staff Farn] workers 14 14 No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENf OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund Total funds INcOlE AI¥D ENDOWMENTS FROM Donations and legacies 3,086 215,974 219,060 Other trading activities Investment income Other income 192,110 2,706 423 192,110 2,706 423 Total 198,325 215,974 414,299 EXPENDITURE ON Raising funds 475 475 Charitable activities Direct charitable expenditure 361,189 196,020 557,209 Other 227 227 Total 361,891 196,020 557,911 NET INCOME/(EXPENDrruRE) Transfers between funds (163.566) 1,256 19,954 1,256) (143,612) Iyet movement in funds (162,310) 18,698 (143,612) RECONCILIATION OF FUNDS Total funds brought fonvard 355,106 205,753 560,859 TOTAL FUNDS CARRIED FORWARD 192,796 224,451 417,247 Page 14
SUFFOLK BEFIUENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 10. FEES FOR THE EXAMINATION OF THE ACCOUNTS 31.3.24 31.3.23 Independent examiners fees 2,995 11. TANGIBLE FIXED ASSETS Fixtures Leasehold improvements Plant and vehicles Office equipment fittings Totals COST At l April 2023 Additions 237,843 56,319 17,116 49,170 864 360,448 864 At 31 March 2024 237,843 56,319 17,116 50,034 361,312 DEPRECIATION At l April 2023 Charge for year 87,106 19.016 13,979 8,468 12,138 1,244 37,160 3,173 150,383 31,901 At 31 March 2024 E06 122 22,447 13,382 40,333 182,284 NET BOOK VALUE At 31 March 2024 131,721 33,872 3,734 9,701 179,028 At 31 March 2023 150,737 42,340 4,978 12,010 210,065 Page 15
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 12. STOCKS 31.3.24 31.3.23 Stocks 4,100 4,250 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade debtors VAT Prepayments 24,993 993 8,830 10,876 43,860 19,706 14. CREDITORS: AMOUNTS FALLtNG DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade creditors SociaE security and other taxes VAT Other creditors Accruals and deferred income 946 3,772 883 176 11,621 13,219 1,223 50,286 56,227 25,899 IS. PROVISIONS FOR LIABILITIES 31.3.24 31.3.23 Potential employee settlement 5,000 Since May 2023, the charity has been involved in an employment tribunal action brought by an employee who is claiming disability discrimination, bullying and harassment. The tribunal is due to be heard in May 2025. The employee joined the organisation in June 2022 and has been on long-terni sick leave since April 2023. The charity has and will continue to robustly defend all accusations made in the claim. The trustees have investigated the claims and are confident in supporting management that the claims made ar¢ baseless and cannot be substantiated. Although the trustees acknowledge that the charity is not at fault in any of the accusations, the trustees are concerned that the claim has and continues to act as a significant distraction to management and management time that could be put to more positive use. However, the trustces have recognised the benefit to the charity in settling the claim as soon as possible. The trustees have therefore 0MMended an upper full and final settlement amount of approximately £5,000, which represents a 2 month notice period figure, which has been provided for in the accounts. Page 16
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 16. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 31.3.24 At 1.4.23 Unrestricted funds Unrestricted funds E92,796 (78,163) 8,236 122,869 Restricted funds Rcstrictcd funds 224,451 (50,337) (8,236) 165,878 TOTAL FUNDS 417,247 128.500) 288,747 Net movement in funds, included in the above are as follows: Incoming resources R¢sourc¢s expended Movement in funds Unrestricted funds Unrestricted funds 248,364 (326,527) (78,163) Restricted funds Restricted funds 66,927 (117,264) (50,337) TOTAL FUNDS 315,291 443 791) 128,500) Comparatives for movement in funds Net movement in funds Transfers between funds At 31.3.23 At 1.4.22 Unrestricted funds Unrestricted funds 355,106 (163,566) 1,256 192,796 Restricted funds Restricted funds 205,753 19,954 (1,256) 224,451 TOTAL FUNDS 560,859 143,612) 417,247 Page 17
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DXSABILITIES NOTES TO THE FINANCIAL STATEMENTS - Continued FOR THE YEAR EIYDED 31 MARCH 2024 16. MOVEMENT IN FUNDS - continued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds Unrestricted funds 198,325 (361,891) (163,566) Restricted funds Restricted funds 215,974 (196,020) 19,954 TOTAL FUNDS 414,299 557,911) 143,612) A current year 12 months and prior year 12 months combined position is as follows. Net movcment in funds Transfers between funds At 31.3.24 At 1.4.22 Unrestricted funds Unrestricted funds 355,106 (241,729) 9,492 122,869 Restricted funds Restricted funds 205,753 (30,383) (9,492) 165,878 TOTAL FUNDS 560,859 272,112) 288,747 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrirted funds Unrestricted funds 446,689 {688,418) (241,729) Restricted funds Restricted funds 282,901 {313,284) (30,383) TOTAL FUNDS 729,590 (1,001,702) 272,1 12) 17. RELATED PARTY DISCLOSURES During the year the charity received donattons without conditions from trustees totalling £1,500. Page 18
SUFFOLK BEFRIENDING SCHEME FOR PEOPLE WITH LEARNING DISABILrrIES DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 31.3.24 31.3.23 INCOME AND ENDOWMENTS Donations and legacies Doiiations and gifts Grants receivable 23,857 66,927 3,086 215974 90,784 219,060 Other trading activities Fundraising cvents Merchandise and other income Membership income Spot purchasing subscriptions Employer NI allowance 17,439 9,206 83,013 106,985 5,000 4,408 4,434 75,189 103,079 5,000 221,643 192,110 Investment income Interest on UK cash deposits 2,860 2,706 Other income DBS checks 423 Total incoming resources 315,291 414,299 EXPENDITURE Other trading activities Fundraising costs 505 475 Charitable activities Wages Employer NI Employer pension contributions Rent and rates Insurance Light and heat Telephone Office stationery, postage and software Advertising and marketing Stafflvolunteer travelling and expenses Internal staff training Carried forward 263,770 20,037 7,153 26,376 4,370 5,881 3,867 3,977 2,275 8,797 1,300 347,803 315,471 24,661 8,319 32,871 4,015 4,870 3,432 5,796 3,000 9,704 1,810 413,949 Pagc 19
SUFFOLK BEFIUENDING SCHEME FOR PEOPLE WITH LEARNING DISABILITIES DETAILED sTATEllNT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 31.3.24 31.3.23 Charitable activities Brought fonvard Repairs and renewals Beneficiary costs Computer expenses Assington farn] animal costs Mini bus running costs 347,803 2,866 24,690 4,808 6,921 4,875 413,949 34,777 23,290 4,992 4,874 3,525 391,963 485,407 Other Trustees, expenses 227 Support costs Finance Bank charges 113 186 Governance costs Sundry expenses Accountancy fees Professional fees Subscriptions Potential employec settlement Depreciation - leasehold improvements Depreciation - fixtures and fIttings Loss on disposal of assets 4,992 3,565 2,426 3,326 5,000 19,016 12,885 13,072 3,505 530 3,771 16,239 10,054 24,445 51,210 71,616 Total resources expended 443,791 557,911 Net expenditure 128,500) 143,612) Page 20