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← Supported Community Business (Special Needs) Limited

2024-08-31-accounts

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[st] AUGUST 2024

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

REGISTERED CHARITY NUMBER 1079534

REGISTERED COMPANY NUMBER 03615414

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31[st] AUGUST 2024

The trustees are pleased to present their annual report together with the financial statements of the charity for the year ending 31[st] August 2024 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1[st] January 2015).

DIRECTORS AND TRUSTEES

The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees serving during the year and since the year end were as follows:

Key Management Personnel: Trustees and Directors

Mrs. S.P. Walton ( Resigned 17[th] October 2023 ) Mr. C.B. Mills ( Resigned 10[th] October 2023 ) Mrs. A.M. Xiourouppa Mr. M.G. Withenshaw Mr. P. Lewis ( Resigned 10[th] October 2023 ) Mr. A. Mellor ( Appointed 15[th] November 2023 ) Mr. R.P.B. Walton ( Resigned 4[th] September 2024 ) Mrs. M.J. Beeston

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The organisation is a charitable company limited by shares, incorporated on 13[th] August 1998 and registered as a charity on 24[th] February 2000. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.

Trustee Recruitment, Appointment, Induction and Training

Any trustee vacancies will be reported at the Annual General Meeting, inviting applicants to apply and any vacancies arising between Annual General Meetings will be advertised to the members.

All applicants go through a selection process with existing trustees.

All trustees receive training organised internally.

Organisation

The administration of the charity is carried out by the trustees who are responsible for the strategic direction and policy of the charity and all related decisions. Trustees meet on a quarterly basis to discuss the operations of the charity. During these meetings aims, objectives and activities are reviewed, ensuring the charity remains focused on its stated purpose, as set out in the objects contained in the charity’s Memorandum and Articles of Association.

In the current year no trustees received remuneration in respect of their work with the charity (2023: two trustees) , see note 8 to the financial statements. No other trustee receives remuneration or other benefit from their work with the charity.

All remunerations are set by the Board of Trustees and reviewed annually.

OBJECTS

The object of the charity is to provide a therapeutic workshop facility enabling adults with special needs to experience the world of work in a controlled and supportive environment.

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

REGISTERED CHARITY NUMBER 1079534

REGISTERED COMPANY NUMBER 03615414

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31[st] AUGUST 2024 (CONTINUED)

REVIEW OF ACTIVITIES, PLANS AND FUTURE COMMITMENTS

The financial year 2023/2024 has been a period of transition for Supported Community Business (Special Needs) Limited (“SCB”), marked by several notable successes and strategic developments.

One of the key highlights of the year has been the commencement of our maths skills sessions, with a particular focus on money management. These sessions have been incredibly successful, significantly reducing the vulnerability of our service users when making purchases in the community. The positive feedback from participants and their families underscores the importance of these skills in enhancing the independence of those we support.

On the business front, we have successfully navigated the continued transition of our customer base. While some of our older, more established clients have reduced their use of our services, we have strengthened relationships with other clients and welcomed new customers. This strategic diversification has ensured that we remained consistently busy throughout the year, providing a wide variety of tasks that keep our service users engaged and challenged in their day-to-day activities. Notably, we established our first long-distance customer relationship with a company based in Bolton, utilising courier services to manage the packaging and return of goods. This partnership marks an important step in expanding our operational reach beyond the local area.

We have also welcomed several new service users into our program, bringing us to approximately 98% capacity. This reflects the ongoing demand for our services and our commitment to meeting the needs of adults with additional support needs in our community.

A significant organisational change this year has been the transition of our trustees’ leadership. Colin Mills and Paul Lewis, both of whom have served with dedication in multiple roles across the charity, stepped back from their positions as Directors/Trustees. We are deeply grateful for their years of service. Richard Walton and Glyn Withenshaw assumed Colin Mills’ and Paul Lewis’ responsibilities, ensuring a smooth transition supported by existing and new trustees. Additionally, Richard signalled his intention to resign from his role as Director/Trustee and has stepped down with the warmest wishes of all involved at SCB for his years of dedicated service.

We also bid farewell to Sue Walton, who resigned as a Director/Trustee this year after many years of dedicated service. Her commitment and contributions have been invaluable to the charity, and she leaves with our deepest thanks and appreciation.

Earlier in the year, we were pleased to welcome Jane Beeston and Adam Mellor to the board. Their diverse skills have since further strengthened our governance.

We have been fortunate to benefit from some fantastic fundraising efforts this year, including a marathon run completed by one of our trustees, which raised over £1,000 for our charity. Additionally, we are thankful for a number of other charitable donations from long-term supporters, as well as successful fundraising activities such as raffles and numerous other events. These efforts have helped to maintain our resources and helped us to continue providing essential services to our community.

In response to the growing needs of our service users and to address the social isolation that can be felt outside workshop hours, we initiated social evening activities. These events have been well received and have helped alleviate loneliness, offering our service users additional opportunities for social interaction and community building.

REPORT OF THE TRUSTEES

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED REGISTERED CHARITY NUMBER 1079534 REGISTERED COMPANY NUMBER 03615414

FOR THE YEAR ENDED 31[st] AUGUST 2024 (CONTINUED)

REVIEW OF ACTIVITIES, PLANS AND FUTURE COMMITMENTS (CONTINUED)

We are also proud to maintain a commitment to paying our staff a wage that is ahead of the National Living Wage. This strategy is key to attracting and retaining the best talent, ensuring continuity of care, which is so important for many of our service users.

This year marks the first full year under the day-to-day management of Alex Muirhead, following the retirement of Colin Mills after 23 years of service. Alex has brought his extensive experience in the care industry to bear, reviewing and updating all key policies and procedures to ensure they meet industry standards. His efforts have included a thorough review and update of our safeguarding policy, ensuring the safety and well-being of everyone who attends SCB.

Looking forward, the charity is committed to reviewing the long-term needs of SCB, particularly regarding our locality and how best to serve the needs of our service users in the coming years. We will aim to maintain reserves to ensure long-term stability and safeguard against any future events that may destabilise the workshop.

In terms of financial performance, given the challenges faced this year with the loss of some key customers and the national increase to the living wage in April 2024, alongside other cost of living increases, the trustees are pleased that we have been able to achieve a modest surplus.

The financial picture over the past few years clearly shows that we are still operating in a generally challenging financial environment. Our future sustainability remains dependent on generating additional income and ensuring we can cover rising operational costs. This is essential if we are to continue delivering the high-quality services that our service users rely on.

Looking ahead, with the increasing cost pressures, particularly wage rises and general inflation, we will need to take further steps to secure and strengthen our income streams. Without increases to our fees and overall income, the long-term stability of the charity will remain under strain.

DELIVERY OF PUBLIC BENEFIT

The public have benefitted from the activities provided by the charity, through:

In shaping our objectives and planning our activities for the year, the trustees have considered the Charity Commission’s guidance on public benefit.

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

REGISTERED COMPANY NUMBER 03615414

REPORT OF THE TRUSTEES

REGISTERED CHARITY NUMBER 1079534

FOR THE YEAR ENDED 31[st] AUGUST 2024 (CONTINUED)

FINANCIAL REVIEW

Net Outgoing Resources

During the year the charity had net incoming resources of £12,280 (2023: net outgoing resources £18,923) from all its activities. Income from donations and grants during the year totalled £8,802 (2023: £3,875) .

The main source of incoming resources was Trading Income which totalled £264,925 ( 2023: £258,658 ). This income source supports the key objectives of the charity and the main outgoing resources related to Charitable Activities which totalled £258,128 ( 2023: £273,756 ). Within Charitable Activities the main item of cost was Staff Costs of £193,298 ( 2023: £200,662 ).

Fixed Assets

The net book value of fixed assets of the charity is £2,103 (2023: £2,337) being £2,102 for Plant and Machinery and £1 for Motor Vehicles.

Fixed asset additions during the year totalled £Nil (2023: £Nil) .

Details of fixed assets are shown at note 9.

RISK MANAGEMENT

The trustees have a risk management strategy which comprises:

In the current climate the trustees consider the financial sustainability of the charity to be secure, based on those accessing the service being able to continue to purchase their placement through the Government’s ‘Direct Payment’ scheme as part of their assessed care needs package.

Attention has also been focussed on non-financial risks arising from fire and health and safety. These risks are managed by having robust policies and procedures in place and up to date, and regular awareness training for staff working in these operational areas.

RESERVES POLICY AND GOING CONCERN

Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned emergency repairs and other expenditure and at the year end total funds totalled £332,811 ( 2023: £320,531 ) comprising entirely unrestricted funds. The charity has no restricted fund balances in either the current or previous years. At the year end cash at bank totalled £328,297 ( 2023: £310,544 ). The trustees consider that the level of reserves as at 31[st] August 2024 is satisfactory given the charity’s circumstances.

The charity had no reserves with a negative balance at the year end.

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

REGISTERED CHARITY NUMBER 1079534

REGISTERED COMPANY NUMBER 03615414

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31[st] AUGUST 2024 (CONTINUED)

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees 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 Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, the surplus or deficit of the charity for the period, its assets and liabilities at the end of the period and clearly distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the trustees are required to:-

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and therefore for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the financial and other information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

In determining how amounts are presented within items in the Statement of Financial Activities and Balance Sheet, the trustees must have regard to the substance of the reported transaction or arrangement, in accordance with generally accepted accounting principles or practice.

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

REGISTERED CHARITY NUMBER 1079534

REGISTERED COMPANY NUMBER 03615414

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31[st] AUGUST 2024 (CONTINUED)

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Office Quakers Coppice,
Crewe Gates Farm Industrial Estate,
Crewe,
Cheshire.
CW1 6FA
Accountants Hardwickes,
Etruria Old Road,
Stoke-on-Trent,
Staffordshire.
ST1 5PE
Bankers Barclays Bank Plc,
38 Market Street,
Crewe,
Cheshire.
CW1 2ET
Solicitors Butcher & Barlow LLP,
31 Middlewich Road,
Sandbach.
CW11 1HW

By order of the Board of Trustees

M.G. Withenshaw ………................................ Trustee

2[nd] December, 2024

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

REGISTERED CHARITY NUMBER 1079534

REGISTERED COMPANY NUMBER 03615414

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

I report on the attached accounts of the charity for the year ended 31[st] August 2024.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). The charity’s trustees consider that an audit is not required for this year under Part 16 of the 2006 Act and that an independent examination is needed.

It is my responsibility to:

BASIS OF INDEPENDENT EXAMINER’S STATEMENT

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Charities Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINER’S STATEMENT

In connection with my examination, no matters have come to my attention which give me cause to believe that, in any material respect:

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.

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED REGISTERED CHARITY NUMBER 1079534

REGISTERED COMPANY NUMBER 03615414

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED (CONTINUED)

USE OF THIS REPORT

This report is made solely to the Trustees of Supported Community Business (Special Needs) Limited as a body in accordance with the terms of the engagement letter dated 24[th] October, 2011. The Independent Examination work has been undertaken so that I might state to the charity’s Trustees those matters I am required to state to them in an Independent Examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s Trustees as a body, for the Independent Examination work, for this report, or for the opinions I have formed.

D.R. Shaw Bsc., F.C.A

Hardwickes, Etruria Old Road, Stoke-on-Trent, Staffordshire. ST1 5PE

2[nd] December, 2024

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31[st] AUGUST 2024

Notes
INCOMING RESOURCES
Incoming Resources from Generated Funds:-
Voluntary Income:-
Donations
2
Investment Income and Interest
3
Incoming Resources from Charitable Activities:-
Trading Income
Fund Raising
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Charitable Activities
4
Support Costs
4
TOTAL RESOURCES EXPENDED
NET INCOMING/(OUTGOING) RESOURCES
FOR THE YEAR BEING NET MOVEMENTS
IN FUNDS FOR THE YEAR
6
Reconciliation of Funds
Total Funds at 1stSeptember 2023/2022
TOTAL FUNDS AT 31st AUGUST 2024/2023
14		 Unrestricted
Funds
2024
£
8,802
4,400
264,925
-
278,127
258,128
7,719
265,847
12,280
320,531
332,811		 Restricted
Funds
2024
£

-
-
-
-

-
-
-
-
-
-
-		 Restricted
Funds
2024
£

-
-
-
-

-
-
-
-
-
-
-		 Total
Funds
2024
£

8,802
4,400
264,925
-
278,127
258,128
7,719
265,847
12,280
320,531
332,811		 Total
Funds
2023
£
3,875
1,296
258,658
-		 Total
Funds		 Total

2023
263,829

273,756
8,996
282,752

(18,923)
339,454

320,531

The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

The attached notes form part of these accounts.

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED Charity Number 1079534 Company Number 03615414 (England & Wales)

BALANCE SHEET AS AT 31[st] AUGUST 2024

FIXED ASSETS
Tangible Fixed Assets
CURRENT ASSETS
Debtors
Cash at Bank and in Hand
CREDITORS:Amounts Falling Due
Within One Year
NET CURRENT ASSETS
NET ASSETS
CAPITAL AND RESERVES
Called-up Share Capital
Unrestricted Funds
TOTAL FUNDS		 Notes


9
10
11

12
14		 2024
£

9,779
328,297
338,076
(7,268)		 £

2,103
330,808
332,911
100
332,811
332,911		 2023
£

13,315
310,544
323,859
(5,565)		 £
2,337
318,294
320,631
100
320,531
320,631

The trustees have prepared accounts in accordance with section 398 of the Companies Act 2006 and section 138 of the Charities Act 2011. These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act relating to small companies and constitute the annual accounts required by the Companies Act 2006.

For the financial year ended 31[st ] August, 2024 the company was entitled to exemption from audit under section 477 Companies Act 2006 relating to small companies and the members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the Board of Trustees on 2[nd] December, 2024 and signed on its behalf by

M.G. Withenshaw ) ) ) Directors ) A.M. Xiourouppa )

The attached notes form part of these accounts.

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31[st] AUGUST 2024

1. ACCOUNTING POLICIES

The principal accounting policies adopted in the preparation of the financial statements are as follows:

a) Basis of Preparation

The financial statements have been prepared in accordance with 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 (FRS102) (effective 1 January 2015) – (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Supported Community Business (Special Needs) Limited meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transition value unless otherwise stated in the relevant accounting policy note.

The financial statements cover Supported Community Business (Special Needs) Limited as an individual company. Supported Community Business (Special Needs) Limited is incorporated in England and Wales. The financial statements are presented in Sterling (£) and have been rounded to the nearest pound.

b) Reconciliation with previous Generally Accepted Accounting Practice

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS102 and the Charities SORP FRS 102 the restatement of comparative items was required.

c)

Preparation of the accounts on a Going Concern Basis

The trustees are of the view that there are no material uncertainties about the charity’s ability to continue as a going concern.

d) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Donations and revenue grants are credited to the Statement of Financial Activities on a receivable basis. Capital grants are shown as deferred income and credited to the Statement of Financial Activities over the same depreciation periods as the assets to which they relate.

Income received in advance of a service is deferred until the criteria for income recognition are met.

e)

Interest Receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

f)

Fund Accounting

Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds.

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, and where appropriate, a fair allocation of the depreciation charge.

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31[st] AUGUST 2024 (CONTINUED)

g)

Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

h) Allocation of Support Costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity’s activities. The bases on which support costs have been allocated are set out in note 5.

i) Operating Leases

Rentals under operating leases are charged to the Statement of Financial Activities as they fall due.

j) Fixed Assets and Depreciation

Expenditure is capitalised as Fixed Assets in accordance with current accounting principles. Tangible fixed assets are depreciated at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life at the following annual rates:-

Plant and Machinery Motor Vehicles

k) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

l) Cash at Bank and in Hand

Cash at bank and cash in hand includes cash and balances in bank current accounts and bank deposit accounts.

m) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31[st] AUGUST 2024 (CONTINUED)

n)

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

2. DONATIONS

Rotary Club Crewe
Sheila Edwards
Donations via Target 101
Donations via Just Giving
Donations via The Giving
Machine
Donations via Giving Lottery
HMRC Gift Aid
Other Donations		 Unrestricted
Funds
2024
£

750
1,575
240
1,113
-
704
472
3,948
8,802		 Unrestricted
Funds
2024
£

750
1,575
240
1,113
-
704
472
3,948
8,802		 Restricted
Funds

2024
£
-
-
-
-
-
-
-
-
-		 Restricted
Funds

2024
£
-
-
-
-
-
-
-
-
-		 Total Funds
2024
2023
£
£
750
250
1,575
-
240
262
1,113
511
-
16
704
321
472
680
3,948
8,802
1,835
3,875

3. INVESTMENT INCOME AND INTEREST

Investment income of £4,400 (2023: £1,296) comprises interest on cash deposits with UK banks.

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31[st] AUGUST 2024 (CONTINUED)

4. RESOURCES EXPENDED

. RESOURCES EXPENDED


Charitable Activities
Staff Costs (Note 7)
Staff Pensions (Note 7)
Rent and Rates
Heat and Light
Materials Purchased
Insurance
Repairs and Renewals
Telephone
Printing, Postage and Stationery
Motor Expenses
Sundry Expenses
Professional Fees
Depreciation
Health and Safety
Support Costs
Staff Costs (Note 7)
Staff Pensions (Note 7)
Accountancy and Bookkeeping		 Unrestricted
Funds
2024
£

193,298
8,609
22,208
5,738
221
6,027
5,189
1,835
2,443
1,806
7,775
1,970
234
775
258,128
4,413
156
3,150
7,719		 Restricted
Funds

2024
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total Funds
2024
2023
£
£
193,298
200,662
8,609
15,957
22,208
22,193
5,738
221
3,676
1,489
6,027
5,074
5,189
2,401
1,835
1,378
2,443
1,020
1,806
2,306
7,775
5,834
1,970
10,829
234
260
775
258,128
677
273,756
4,413
5,765
156
231
3,150
7,719
3,000
8,996

5. ANALYSIS OF GOVERNANCE AND SUPPORT COSTS

The charity initially identifies the costs of its support functions. It then identifies those costs which relate to the governance function. Refer to the table below for the basis for appointment and the analysis of support and governance costs.

Analysis of support and governance costs

Charitable Activities

Staff Costs
Staff Pensions
Accountancy Services and
Independent Examination		 General
Support
£
2,648
94
989
3,731		 Governance
Function
£

1,745
62
2,161
3,988		 Governance
Function
£

1,745
62
2,161
3,988		 Total
£
4,413
156
3,150
7,719		 Basis of Apportionment
Allocation on time
Allocation on time
Allocation on time

6. NET INCOMING RESOURCES FOR THE YEAR

The net incoming resources are stated after charging:

Depreciation Accountancy Independent Examination

==> picture [105 x 66] intentionally omitted <==

----- Start of picture text -----
2024 2023
£ £
234 260
1,840 1,750
1,310 1,250
----- End of picture text -----

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31[st] AUGUST 2024 (CONTINUED)

7. STAFF COSTS AND NUMBERS


Salaries and Wages
Staff Pensions
Social Security Costs		 2024
£
188,057
8,765
9,654
206,476		 2023
£
196,058
16,188
10,369
222,615

No employee received emoluments of more than £60,000.

Key Management Personnel Remuneration during the year was £Nil ( 2023: £57,655 ).

The average monthly headcount (including part time staff) was 8 staff (2023: 9 staff) .

The charity operates a defined contribution pension scheme, the assets of which are held separately from those of the charity in an independently administered fund. The pension charge represents contributions due from the charity.

8. TRUSTEES’/ DIRECTORS' REMUNERATION

9.


Aggregate remuneration
Trustees’ expenses


TANGIBLE FIXED ASSETS		 2024
2023
£
£
Nil
Nil
48,163
Nil
Cost

At 1stSeptember 2023
At 31stAugust 2024
Depreciation
At 1stSeptember 2023

Charge in the year

At 31stAugust 2024
Net Book Values
At 31stAugust 2024
At 31stAugust 2023		 Plant and
Machinery
£
9,022
__
9,022
6,686
234
__
6,920
2,102
2,336		 Plant and
Machinery
£
9,022
__
9,022
6,686
234
__
6,920
2,102
2,336		 Motor Vehicles
£

16,826
___
16,826		 Total
£
25,848
_
25,848


6,686
234
___
6,920		 16,825
-
___
16,825		 23,511
234
_
23,745
2,102 1 2,103
2,336 1 2,337

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31[st] AUGUST 2024 (CONTINUED)

10.
11.
12.
13.
14.		 DEBTORS
2024
£
Trade Debtors
8,112
Prepayments
1,667
9,779
CREDITORS:Amounts Falling Due Within One Year
£
Trade Creditors
-
Taxation and Social Security
3,818
Accruals
3,450
7,268
CALLED-UP SHARE CAPITAL
2024
Equity Shares:-
£
Called-up, Allotted and Fully Paid:-
100 Ordinary Shares of £1 each
100
ANALYSIS OF NET ASSETS BETWEEN FUNDS
General Funds
Restricted Funds
£
£
Tangible Fixed Assets
2,103
-
Current Assets
338,076
-
Current Liabilities
(7,268)
-
332,911
-
MOVEMENT IN FUNDS
At 1st
September
2023
Incoming
Resources
Outgoing
Resources
£
£
£
TOTAL RESTRICTED FUNDS
-
-
-
Unrestricted Funds
General funds
320,531
278,127
(265,847)
TOTAL UNRESTRICTED FUNDS
320,531
278,127
(265,847)
TOTAL FUNDS
320,531
278,127
(265,847)		 DEBTORS
2024
£
Trade Debtors
8,112
Prepayments
1,667
9,779
CREDITORS:Amounts Falling Due Within One Year
£
Trade Creditors
-
Taxation and Social Security
3,818
Accruals
3,450
7,268
CALLED-UP SHARE CAPITAL
2024
Equity Shares:-
£
Called-up, Allotted and Fully Paid:-
100 Ordinary Shares of £1 each
100
ANALYSIS OF NET ASSETS BETWEEN FUNDS
General Funds
Restricted Funds
£
£
Tangible Fixed Assets
2,103
-
Current Assets
338,076
-
Current Liabilities
(7,268)
-
332,911
-
MOVEMENT IN FUNDS
At 1st
September
2023
Incoming
Resources
Outgoing
Resources
£
£
£
TOTAL RESTRICTED FUNDS
-
-
-
Unrestricted Funds
General funds
320,531
278,127
(265,847)
TOTAL UNRESTRICTED FUNDS
320,531
278,127
(265,847)
TOTAL FUNDS
320,531
278,127
(265,847)		 2023

£
11,648
1,667
13,315
£
(487)
2,752
3,300
5,565
2023
£
100
Total Funds
£
2,103
338,076
(7,268)
332,911
At 31st
August 2024
£
-
332,811
332,811
332,811
Tangible Fixed Assets
Current Assets
Current Liabilities
MOVEMENT IN FUNDS
TOTAL RESTRICTED FUNDS
Unrestricted Funds
General funds
TOTAL UNRESTRICTED FUNDS
TOTAL FUNDS

SUPPORTED COMMUNITY BUSINESS (SPECIAL NEEDS) LIMITED

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31[st] AUGUST 2024 (CONTINUED)

15. FUTURE FINANCIAL COMMITMENTS

Operating Leases

The total future minimum lease payments under non-cancellable operating leases are as follows:-


Not later than one year
Later than one year and not later than five years		 2024
£
5,500
-		 2023
£
22,000
5,500

16. CONTROLLING PARTY

The charity is controlled by its Trustees.