REGISTERED COMPANY NUMBER: 03758772 (England and Wales) REGISTERED CHARITY NUMBER: 1075862 Financial Statements for the year ended 31 March 2024 for Street Teams Nicklin Accountancy Seryices Limited Church Court Stourbridge Road Halesowen West Midlands B633
Street Teams Contenls of the Financial Statements for the year ended 31 March 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financlal Actwilies Balance Sheet Cash Flow Statement Notes to the Cash Flow Statement Notes to the Financlal Statements 10 to 18 Detailed Statement of Financial Activities 19 to 20
street Teams (Registered number.. 03758772) Report of the Trustees for the year ended 31 March 2024 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 2024. 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) (effectwe l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims a) To prowde education and assistance to children and young people at risk of, or affecled by& sexual exploitation and to relieve the distress caused thereby in Walsall and the surrounding area and in such other parts of the United Kingdom as the directors of the Charity may from time to time think fit. b) To relieve persons who are in conditions of need or hardship or who are aged or sick, includlng by the provision of residential accommodation for the relief of such persons, and to relieve the distress caused thereby. To advance educalion by such means as the trustees may consider appropriate. d) To prowde facllities for recreation or other leisure time occupation in the interest of soclal welfare for persons who have need ol such facilities by reason of their age, infirmity or disablement, poverty or social and economic circumstances with the object ol improving the conditions of life for such persons. e} To relieve unemployment for the public benefit, including by means of providing training and the development of workplace skills, among persons seeking employment but who are unable to obtain work by reason of of (i) their lack of opwrtunities or (li) their youth, age, Infirmity or dlsablemenl, poverty or social and economlc circum5lances with the object of Improwng the condittons of life for such persons. To promote the rehabilltation of persons affected by drugs, alcohol or other substance addlctlon or abuse, 9) To relieve persons who are experiencing mental or emotional suffering and to relieve the distress associated therewith, including by means of promdlng advice, counsel, assislance and support to such. h) To promote and fulfill such other charitable puiposes benefidal to the community. Publlc beneflt The trustees conflrn) that they have paid due regard to the guidance given by the Charlty Commlsslon on public benefit. Page I
street Teams (Registered number: 03758772) Report of the Trustees for the year ended 31 March 2024 ACHIEVEMENT AND PERFORMANCE Over the past 12 months Street Teams has provided one to one support to 394 children, young people and familles affected by, or vulnerable to exploitation. This includes support to 103 chlldren and young people affected by child sexual exploitation, 77 children and young people affecled by criminal exploitation, 65 children and young people needing support for early InteNention, 25 vulnerable young people transitioning from children's serwices to adults services/no services requiring support aged 18-25 who are affected by exploitation and supported 58 families, with 66 siblings within the familles. Street Team5 have also provided education sessions to 8,741 school children and trained 1,230 professiona15, parents and volunteers to help them recognise the slgns of exploitation. Review 2023124 As the flnancial year of 2023-2024 draws to a close, it is always good to reflect on the previous year, the ups, the downs and everythlng else in between. It is fair to say that the last year has not been wilhout its challenges for the third sector organisalions and to every single community member and seNice user that we support. l think its also ok to say that austerity measures are hawng a massive impact on exploitatlon and the groomlng prO$s, and this can also be reflected withln Income streams and avallable funding also for charities. The world of exploitation is complex and sornetimes it is easy to sayi why are we doing thi5 work? What difference are we making? Is it all worth it? The one thing l am assured of is our direct work, support and awareness raising of groomingi is certainly having an on the ground impact and you can see that the data and results speak for themselvos. Once again, I need to give full credlt to the passionate and dedicated team we have created at Street Teams, that thelr tireless pursuit for justice and to make chlldren and young people safe, never, ever wavers. It is easy In thls field to always see the deprawty within the world and the sick nature of exploitatlon and its long-term effects on children and families, but the team strive on with as much determination as ever before. We really are fortunate and humbled to have the slaff team that we do. Without them, things could look a lot worse. Exploitation is not linear, and groomers will ever change their methods to seek out their victims, this Is also somethlng that we are at the fowefront of recoonising due to our on the ground insight. Sextortion, Bank account fraud, money launderlng hag become somethlng we have rapidly had to respond to Ihis year and sadly, due to economy issues, will continue to increase. We pride ourselves at being at the forefront of preventin9 exploitation and 5UPPOrting our cases that have been abused in this way, and we must be clear, this is abuse. It also allows us to realise that exploitation wlll contlnue to change as more vulnerabilibes grow and opportunities in life decrease. Looking forward, we know we still have a lot of work to do but are confident that every child and family that is referred to us, will have the best chance of recovery because of our tenaclous team. Funding priorities are changing, finances are being squeezed, requirements of funders alter, but we remaln steadfast In our response and will continue to push on, no matter what the charity world throw5 at us. Changes may iieed to be made to counter act the previous, but these will be made with integrity, experience, realism, but most of all heart for the children of Walsall, Helen Matthews CEO Recognition, Appreciatlon, In Kind and Volunteers The trustees are Indebted to the various funding organisations, statutory bodies and various 5UPPOrters as listed In the appendices for the many ways they make this essenLial work a possibility. WiLhout their vision many lives would be faced with a different and more difficult future. Page 2
Street Teams (Registered number: 03758772) Report of the Trustees for the year ended 31 March 2024 FINANCIAL REVIEW Financial posltion Total income for the year was £573,771 which is a decrease from the previous year (2023: £699,642) and total expenditure was £521,471 which is an increase from the previous year (2023: £501,523), resulting in a surplus of £52,300 (2023: £198,119). The financial results have been significantly affected thls year by the reduced level of Income from the Walsall Care contract. In addiuon the current economic climate is having a negative impact on costs. ThÉ risks that the charity sector is facing are becoming increasingly challenging and are changing in nature and severity as the external environment evofves. The prinapal risks and uncertainties facing the charity Include: Insufficient income and reserves for the charity moving fOard to achieve its strategic objectives and maintaln Its operations. We manage these risks by engaging in regular discussions with our senior management and board of directors to enable us to monitor the significant risks and to allow us to make informed decisions and take timely action. We continue to make the most of opportunitses and develop them with the confidence of any risks being managed. This allows us to think forward and continue to plan strategically to our aims are achieved more SucsSfUllY. The factors most likely to affect future financial performance are the continuation of funding and the level of demand for setvice5, which will have an impact on costs. Reserves policy During the year, Ihe Trustees have reviewed their reserves policy as follows.. Reserves are malnlained at a level which ensures that at least 3-6 rnonths of the organization's core acts'vity could contlnue during a period of unforeseen difficulty. Total funds at 31 March 2024 were £602,464. Of this £121,827 was restricte(I, and £2,667 was the carrying value of unrestricted fixed assels. So the reseryes available to Street Teams at the year end were £477,970, 92Vo of currenl total expenditure. ReseNes would be used to cover any unforeseen financial difficulties that might otherwlse Impact adversely on the organiiation's charitable activities, Going forward, reseNes may be used to fund employee costs. The level of reserves Is acceptable to the trustees. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity Is controlled by Its governing document, its memorandum and articles of association, and constitutes a limlted companyi limited by guarantee, as defined by the Companies Acl 2006. Recrultment and appointment of new trustees New trustee5 are recruited through informal advertising and are voted for at the AGM. An induction programme for policies and procedures Is glven upon appointment to the position of trustee. Further training is given a5 and when required. Organizatlonal structure The charity opeiates though a board of trustees, who meet regularly to make major decislon5. Responsibllity for day.to-day operations is delegated to a Chief Executive Officer. Rlsk management The trustees have a duty to identify and review the rlsks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.The trustees confirm that major risks have been revlewed and procedures have been established to mitigate those risks. REFERENCE AND ADMXNfSTRATIVE DETAILS Registered Company number 03758772 (England and Wales) Registered Charity number 1075862 Reg15tered office l Butts Street Wa15all West Midlands W54 2BJ Page 3
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Independent Examiner's Report to the Trustees of Street Teams Independent examiner's report to the trustees of Street Teams ('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 charivs 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 (*he 2006 ACV). Having Satisfied myself thèt 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 charty'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 Directtons glven 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 examlner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a member of the Instttute of Ch3rtered Accountants in England and Wales, which is one of the listed bodies. L have completed my examination. I confirm 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 Sectlon 386 of the 2006 Act; or the accounts do not accord with those records; or the accounts do not compfy with the accounting requlrements of Section 396 of the 2006 Act other than any requlrement Ihat the accounts give a iwe and fair view which Is not a matter considered as part of an independent examinatlon, or the accounts have not been prepared in accordance with the method5 and principles of the Statement of Recommended Pracbce for accounting and reporting by charities (applicable lo charities preparing thelr accounts In accordance with the Financial Resy)rting Standard applicable in the UK and Republlc of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examSnation to which attenb'on should be drawn in this eport In order to enable a proper understanding of the accounts to be reached. Mark Ho ell FCA Nicklin Accountancy SeNices Llmited Church Court Stourbridge Road Halesowen West Midlands B633 9 September 2024 Page 5
street Teams statement of Financial Activities (Encorporats'ng an Income and Expenditure Account) for the year ended 31 March 2024 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 113,646 244,457 358,103 399,45B Charltable actlvitles Safeguarding services 211,165 211,165 299,621 Investment income 4,503 4,503 563 Total 329,314 244,457 573,771 699,642 EXPENDITURE ON Raising funds 9,207 9,207 9,954 Charltable actlvlties Safeguarding services 281,156 231,108 512,264 491,569 Total 290,363 231,108 521,471 501,523 NET INCOME 38,951 13,349 52,300 198,119 RECONCILIATION OF FUNDS Total funds brouglil forward 441,686 108,478 550,164 352,045 TOTAL FUNDS CARRIED FORWARD 480,637 121,827 602,464 550,164 The notes form part of these financial statements Page 6
strt¢tT¢ar 2024 2023 IIXEDA$srr5 TBWas%ts 2,667 2fv67 J,658 .. CURREIIT ASSETS . 13 48S,136 J21,827 49J,730 121,927 013,557 $60,t555 (XIDITOPS (JJ,760) (13,7601 (13,559) 4P?,9 J21,817 599.797 TOThLASSttS LESS CUARE14TiubiimES.. 4&)fv37 121027 &Y2364 J21fv17 sso,I .. FUND5 J21ft27 '. TOYAL RINtyS ' , , 550,1 3114)tth 2024. Thetruth14dxthd¢tsthwnaYe5fpr.. .
Street Teams Cash Flow Slatement for the year ended 31 March 2024 2024 2023 Notes Cash flows from operating activities Cash generated from operations 48,892 291,644 Net cash provided by operating activities 48,892 291,644 Cash flows from investlng activities Purchase of tangible fixed assets Interest received (3,011) 561 4,503 Net cash provided by/(used in) investing actiwties 4,503 (2,450) Change In cash and cash equlvalehts in the reportlng perlod Cash and cash equivalents at the beginning of the reporting period 53,395 289,194 553,568 264,374 Cash and cash equlvalents at the end of the reportlng period 606,963 553,568 The notes form part of these financial statements Page 8
street Teams Notes to the Cash Flow Statement for the year ended 31 March 2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net income for the reporting period (as per the Ststement of Financial Activitie5) Adjustments for: Depre(laorn charges Loss on disposal of fixed assets Interest received (Increaselldecrease in debtors Increasel(decrease) in credtiors 52,300 198,119 889 ioi (4,503) (96) 201 1,216 (561) 95,595 (2,725) Net cash provided by operatlons 48,892 291,644 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.23 Cash flow At 31.3.24 Net cash Cash at bank and in hand 553,568 53,395 606,963 553,568 53,395 606,963 Total 553,568 53,395 606,963 The notes form part of these financial statements Page 9
street Teams Notes to the Financial Statements for the year ended 31 March 2024 ACCOUNTING POLICIES Basis of preparlng the flnanclal statements The financial statements of the charitable companyi which Is a public benefit entity under FRS 102, have been prepared in accordance with the Charibes 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 RepLSblic of Ireland, and the Companies Act 2006, The financial statements have been prepared under tho historical cost convention. Income All income is recognised in the Statement of Financial Actw¢ties once the charity has entitlement to the funds, It is probable that the income will be received and the amount can be measured reliably. Grants have been received as compensation for costs already incurred or for immediate financlal support, with no future relaied costs, these have been recognised as income in the period it was received, Expenditure Liabililies are recognised as expenditure as soon as there is a legal or constructive obligation committlng the charity to that expenditure, it is probable that a transfer of economic benefits will be requlred In settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals ba515 and has been classlfied 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 conslstent with the use of resources. Tangible fixed assets Depreciation is provlded at the following 3nnual rates in order to write off each asset over its estimated useful life. Fixtures and fittlngs Computer equipment 250/0 on reducing balance 250h on reduclng balance Taxatlon The charity is exempt from corporation tax on its charitable activitles. Fund accountlng 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 charlty. RestriconS 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 financlal statements. Pension costs and other post-retlrement benefits The charitable company operates a defined contribution pension Scheme. Contribubons payable to the charltable company's pension scheme are charged to the Statement of Financial Activitles in the period to which they relate, DONATIONS AND LEGACIES 2024 2023 The Eveson Charitable Trust Children in Need The Grantham Yorke Trust GIW Turner The Grimmitt Trust Lloyds TSB Foundation Robert McAlpine Foundation Leathersellers Henry Smith Charity Trusthouse 10,000 33,275 5,000 1,000 15,000 40,430 5,000 3,000 7,500 25,000 10,000 20,000 28,900 30,000 10,000 20,000 29,500 30,000 Carried forward 153,775 169,830 Page 10 continued,..
street Teams Notes to the Financial Statements - continued for the year ended 31 March 2024 DONATIONS AND LEGACIES - continued 2024 2023 Brought forward Garfield Weston Michael Marsh Charitable Trust Kelly Family Charitable Trust Masonic Charitable Trust Edward Cadbury Charles Plater Trust Asda Counselling National Lottery Rowlands Trust Tudor Trust Others 153,775 15,000 169,830 15,000 2,000 5,000 5,000 6,000 25,000 1,485 94,799 2,394 30,000 42,950 5,000 25,000 96,682 30,000 32,646 358,103 399,458 INVESTMENT INCOME 2024 2023 Deposlt account interest 4,503 563 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Actiwty Safeguarding services Charitable Act5vilies 211,165 299,621 RAISING FUNDS Ralslng donatlons and legacies 2024 2023 Fundraising and consultancy 9,207 9,954 CHARITABLE ACTIVITIES COSTS Support Costs (see note 7) Direct Costs Totals Safeguarding services 342,753 169,511 512,264 Page 11 continued.,.
Street Teams Notes to the Financial Statements - continued for the year ended 31 March 2024 SUPPORT COSTS Governance costs Management Finance Totals Safeguarding services 164,919 92 4,500 169,511 Support costs, included In the above. are as follows: Management 2024 Safeguarding services 2023 Total activitles Wages Social security Pensions Rent and rates Insurance Telephone Postage and stationery Advertising Sundries Services and utilitles Computer maintenance Motor and travel expenses Bookkeeping services 78,001 7,040 1,965 18,085 4,660 4,119 2,216 1,708 2,266 7,068 13,489 12,024 12,278 75,983 7,049 1,895 16,585 3,831 3,556 3,592 1,146 3,740 5,137 18,256 9,561 9,023 164,919 159,354 Governance costs 2024 Safeguarding services 2023 Total activities Independent examinatlon fees 4,500 4,290 NET INCOMEI(EXPENDITURE) Net incomÈl(expenditure) is stated after charglng/(crediting): 2024 2023 Depreciation - owned assets Deflcit on disposal of fixed assets Independent examiner's fees 889 ioi 4,500 1,216 4,290 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or olher benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. Page 12 continued...
street Teams Note5 to the Financial Statements - continued for the year ended 31 March 2024 10. STAFF COSTS 2024 2023 Wages and salaries Social security costs Other pension costs 378,182 29,047 8,366 348,257 28,226 7,496 415,595 383,979 The average monthly number of employees during the year was as follows., 2024 16 2023 14 Employees No employees recelved emolumenls in excess of £60,000. Key management personnel received remuneration totalllng £42,350 (2023: £43,200). The total amount recognlzed as an expense for defined contribution pension schemes was £8,366 (2023: £7,496). 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Oonations and legacies 105,609 293,849 399,458 Charitable actlvltles Safeguarding service5 299,621 299,621 Investment Income 563 563 Total 405,793 293,849 699,642 EXPENDITURE ON Raising funds 9,054 900 9,954 Charltable activities Safeguarding seICeS 249,456 242,113 491,569 Total 258,510 243,013 501,523 NET INCOME 147,283 50,836 198,119 RECONCILIATION OF FUNDS Total funds brought foNard 294,403 57,642 352,045 TOTAL FUNDS CARRIED FORWARD 441,686 108,478 550,164 Page 13 continued...
street Team5 Notes to the Financial Statements continued for the year ended 31 March 2024 12. TANGIBLE FIXED ASSETS Fixtures and rittings Computer equipment Totals COST At l April 2023 Disposhls 30,457 (2,353) 8,168 38,625 (2,353) At 31 March 2024 28, 104 8,168 36,272 DEPRECIATION At l ApMI 2023 Charge for year Elimlnated on disposal 29,851 126 (2,251) 5,116 763 34,967 889 (2,251) At 31 March 2024 27,726 5,879 33,605 NET BOOK VALUE At 31 March 2024 378 2,289 2,667 At 31 March 2023 606 3,052 3,658 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 other debtors Prepayments and accrued Income 3,550 3,044 3,549 2,948 6,594 6,497 14. CREDITORS,. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Soclal security and other taxes Other credltors Accfued expenses 7,912 1,648 4,200 7,956 1,403 4,200 13,760 13,559 Page 14 continued,.
Street Teams Notes to the Financial Statements - conllnued for the year ended 31 March 2024 15. MOVEMENT IN FUNDS Net rnovement in funds At 31.3.24 Al 1.4.23 Unrestricted funds General fund 441,686 38,951 480,637 Restricted funds Children In Need Henry Smith Gatfield Weston Hlstoric Lloyds National Lottery Kelly Family Charitable Twst Co-op & Asda Granlham Yorke Mlchael Marsh Truslhouse Asda Counselllng Charles Plater Trust Victlms Fund Linder Foundation 20,745 4,271 4,130 3,125 23,928 5,000 1,560 4,038 2,000 28,531 1,485 9,438 227 3,704 149 5,587 24,449 4,420 9,717 3,125 33,481 9,553 (5,000) (470) 129 (2,000) (4,518) 1,090 4,167 24,013 1,485 5,880 (3,558) (227) 10,000 10,000 108,478 13,349 121,827 TOTAL FUNDS 550,164 52,300 602,464 Net movement In funds, Included In the above are as follows: Incoming resources Resources expended Moveinent In funds Unrestricted funds General fund 329,314 (290,363) 38,951 Restricted funds Chlldren In Need Henry Smith Garfield Weston National Lottery Kelly Family Charitable Trust Co-op & Asd Grantham Yorke Mlchael Marsh Trusthouse Chades Plater Trust Victlms Fund Linder Foundation 33,275 29,500 15,000 96,682 (29,571) (29,351) (9,413) (87,129) (5,000) (470) (4,871) (2,000) (34,518) (28,558) (227) 3,704 149 5,587 9,553 (5,000) (470) 129 (2,000) (4,518) (3,558) (227) 10,000 5,000 30,000 25,000 10,000 244,457 (231,108) 13,349 TOTAL FUNDS 573,771 (521,471) 52,300 Page 15 contlnued...
street Teams Notes to the Financial Statements - continued for the year ended 31 March 2024 15. MOVEMENT IN FUNDS - continued Comparatives for movement In funds Net movement In funds At 31,3,23 At 1.4.22 Unrestricted funds General fund 294,403 147,283 441,686 Restrlcted funds Lloyds TSB Foundation Children In Need Henry Smith Garfield Weston Souter Charitable Trust Historic Lloyds National Lottery Children in Need - Criminal Exploitatlon worker Kelly Family Charitable Trust Co-op & da Grantham Yorke Mlchael Marsh Trusthouse Asda Coungelling Charles Plater Trust Victims Fund 3,103 7,146 (3,103) 13,599 4,271 4,130 (1,931) 20,745 4,271 4,130 1,931 3,125 8,810 3,125 23,928 15,118 9,588 (9,588) 5,000 (46) 1,705 2,000 8,531 1,485 9,438 227 5,000 1,560 4,038 2,000 28,531 1,485 9,438 227 1,606 2,333 20,000 57,642 50,836 108,478 TOTAL FUNDS 352,045 198,119 550,164 Page 16 continued..
Street Teams Notes to the Financial Statements - continued for the year ended 31 March 2024 15. MOVEMENT IN FUNDS - continued Comparative net movement In fvnds, Include(l in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 405,793 (258,510) 147,283 Restricted funds Lloyds TSB Foundation Children In Need Henry Smith Garfield Weston Souter Charitable Trust Natlonal Lottery Chlldren in Need Criminal Exploitation worker Kelly Family Charitable Trust Co-op & Asda Granthain Yorke Michael Marsh Trusthouse Asda Counselllng Charles Plater Trust Tudor Wellbeing Victims Fund Rowlands Trust 25,000 40,430 28,900 15,000 (28,103) (26,831) (24,629) (10,870) (1,931) (79,681) (3,103) 13,599 4,271 4,130 (1,931) 15,118 94,799 (9,588) (9,588) 5,000 (46) 1,705 2,000 8,531 1,485 9,438 5,000 (46) (3,295) 5,000 2,000 30,000 1,485 25,000 2,000 16,841 2,394 (21,469) (15,562) (2,000) (16,614) (2,394) 227 293,849 (243,013) 50,836 TOTAL FUNDS 699,642 (501,523) 198,119 The purposes of the restricted funds are as follows. The Children in Need fund represents funding towards the salary and project costs of the Boys Project. The Historic Lloyds represents an underspend on previous Uoyds, funding whlch has been aulhorised to be used to support historic cases. The National Lottery fund represents funding towards our Community Futures Project. The Kelly Family Fund repsents funding towards our Fainily & Sibling Project. The Co-op & Asda fund represents a donation towards fcM)d items and day trips for servke users. The Grantham Yorke fund represents funding towards the Family Partnerships Project. The Trusthouse Charitable Foundation represents funding towards the Family Partnerships Project, The Henry Smith fund represents continuation fvnding towards the Keep Safe Prevention (Protected Futures) programme. The Garfield Weston fijnd represents core funding towards the Targeted Early Intervention project. Asda Counselling fund represents funding towards counselling services for children and young people. Charles Plater fund represents fundlng towards our Famity Partnerships Projert. M Marsh fund represents funding towards our Family Partnerships Project. Victims Fund represents funding towards a part-time support worker. Page 17 continued...
Street Teams Notes to the Financial Statements - continued for the year ended 31 March 2024 15. MOVEMENT IN FUNDS - continued Linder Foundation Fund represents fvnding towards work with young people transitioning from childrens seNices to adults seNiceslno serwces requiring support who are affected by exploitation. 16. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2024. Page 18
Street Teams Detail Statement of Financial Activities for the year ended 31 March 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies The Eveson Charitable Trust Children in Need The Grantham Yorke Trust GJW Turner The Grlmmitt Trust Lloyds TSB Foundation Robert McAlpine Foundation Leathersellers Henry Smith Charity Trusthouse Garfield Weston Michael Marsh Charitable Trust Kelly Family Charitable Trust Masonic Charitable Trust Edward Cadbury Charles Plater Trust Asda Counselling National Lottery Rowlands Trust Tudor Tiust others 10,000 33,275 5,000 1,000 15,000 40,430 5,000 3,000 7,500 25,000 10,000 20,000 28,900 30,000 15,000 2,000 5,000 5,000 6,000 25,000 1,485 94,799 2,394 30,000 42,950 10,000 20,000 29,500 30,000 15,000 5,000 25,000 96,682 30,000 32,646 358,103 399,458 Investment income Deposit account interest 4,503 563 Charltable activities Charitable Activities 211,165 299,621 Total incoming resources 573,771 699,642 EXPENDITURE Raising donatlons and legacies Fundraising and consultancy 9,207 9,954 Charltable activities Wages Social security Pensions Conferences and trainlng One to One support, workshops, outreach Fixiures and fittings Loss on sale of tangible fixed assets 300,181 22,007 6,401 5,001 8,173 889 ioi 272,274 21,177 5,601 8,808 18,753 1,216 342,753 327,829 Support costs Management Wages Carried forward 78,001 78,001 75,983 75,983 Thi5 page does not form part of the ststutory financial statements Page 19
Street Teams Detailed Statement of Financial Activities for the year ended 31 March 2024 2024 2023 Management Brought forward Social security Pensions Rent and rates Insuraiice Telephone Postage and stationery Advertssing Sundries Services and utilities Computer maintenance Motor and travel expenses Bookkeeping services 78,001 7,040 1,965 18,085 4,660 4,119 2,216 1,708 2,266 7,068 13,489 12,024 12,278 75,983 7,049 1,895 16,585 3,831 3,556 3,592 1,146 3,740 5,137 18,256 9,561 9,023 164,919 159,354 Fliiance Bank charges 92 96 Governance costs Independent examination fees 4,500 4,290 Total resources expended 521,471 501,523 Net Income 52,300 198,L19 This page does not form part of the statutory financial statements Page 20