REGISTERED COMPANY NUMBER: 03664056 (England and Wales REGISTERED CHARITY NUMBER: 1080495 REPORT OF THE TrUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR SHEPHERDS BUSH FAMILIES PROJECT& CHILDRENS CENTRE (A COMPANY LIMITED BY GUARAKfEE) Haines Watts Chartered Accountsnts Old Station House Station Approach Swindon Wiltshire SNI 3DU
SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CENTRE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Report of the Trustees 1 to 4 Independent Examinerfs Report Statement of Financial Activitios Statement of Financial Position 7 to 8 Notes to the Financial Statements 9 to 16
SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trustees who a 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) {effecb've 1 January 2019). OBJECTIVES AND ACTIVMES Objectlves and alms Shepherds Bush Families Project & Children's Centre (S8FP&CC) is an independent registered charity and company limited by guarantee. The organisation works with parents-to-be and families with dependent children who are homeless. living in temporary accommodation or experiencing other severe housing hardship such as overcrowding in the London Borough of Harnrrersmith and Fulham and surrounding areas. The trustees have complied with the duty in Section 4 of the Charittes Act 2006 to have regard to public benefit guidan published by the Charity Commission. AIMS OF THE ORGANISATION: Relieve the poverty and distress of families who are homeless or experiencing severe housing problem in and around Shepherds Bush Enable mutually SUPF)Ort netsvorks to grow amongst families Empower parentslcaregivers to regain a greater sense of control. and effect cholS and changes in their live Strengthen intra-family relationships and redu the risk of relationship breakdown Build on strengths and enhance the capacity, confIdenS and skills of parents and parents -tO-be Inter4ene at the earliest possible stage to tackle emerging or persistent difficulties experienced by children, young people and their families, linked to social disadvantage. Ensure children develop and have a firm foundation in physical, soaal and emotional education from which to flourish, maximise their potential and enjoy good outcomes. Improve life chances for young people. Raise public awareness about all aspects of family homelessness. Campaign for decent, secure and affordable housing for children and their parents and Influen and change for the better, seNices and policies that affect homeless families. Paae 1
SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 ACHIEVEMENT AND PERFORMANCE Charitable activitles 2023124 was a year of challenges for the organisation. In July 2024. due to the landlord failing to renew our lease. we moved into new premises. Due to the wide range of support, seriices and activities we offer to families. for the first time in the 3&year history of Shepherds Bush Families Project we would be operating from iwo locations. We have continued to run the maiorÈty of Servi$. These included.. Pre-school provision Parent & child drop-in After school dub 1.1 Social work support Therapeutic support: 1.1 and Family Therapy Advice & advocacy Adutt groups Crèche Cooking facilits.es Achlevements and Perfornianco: The directors consider the performan of the charity, in relation to services offered this year, has been excellent. However, the charty, like so many, has been through a period of unpredictsbility in temis of funding. We had previously secured long-term funds which have seen us through 2022123. But with the increased costs of running two premises and difficulties raising funds for specific Work, in March 2024 trustees made the extremely difficult decision to close one of the sites we were using and make some staff redundancies. However, due to funders, the local authority and individuals, who had faith in SBFP&CC that we have continued to meet the often-complex needs of the families we work with. The details for this yearfs funding are set out on page 6. FINANCIAL REVIEW Financial position The financial results of the charty for the year ended 31 March 2024 are set out on pages 7 and 8. Financial Review income during the year to 31 March 2024 amounted to £336,681 (2023 £295,382) and expenditure was £339,182 (2023 £345,758) resulting in a deficit of £2,301 (2023 deficit £(50,376)). Net assets at the year*nd We £115,072 (2023 £117.373) of which £80,780 (2023 £86,570) related to unrestricted funds and £34.292 {2023 £30,803,) to restricted funds. Reserves Policy The Directors rrrustees ensure that sufficient resenies are maintained to allow the charity to continue to undertake its day-to-day activities. should any unforeseen circumstances arise. The Directors ruSteeS have considered their Reserves Policy in the light of the main risks to the organisation. The Directors rrrustees recognise that the organisation needs to have sufficient SerVeS to allow it to cover known liabilities and contingencies and absorb setbacks and tske advantage of change and opportunity. It has therefore estsblished a policy whereby the general funds not committed or invested in tangible fixed assets held by the charty should be equivalent to beiween 6 and 12 months of the annual expenditure. Nots11 sets out an analysis of the reserves. The reserves are needed to meet the working capitsl reqU1ments of the charity, and the DireCtotsrUsteS are confident that they would be able to continue the current activities of the Charity in the event of a significant drop in funding. Designated reserves are utilised as and when needed. Paae 2
SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CEKfRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 FUTURE PLANS 2023124 presented rnixed fortunes in our fundraising athities. As an organisation one of the major developments and changes we will encounter is the vital and relevant service to families in need. We aim to continue seeking fijnds in order to fa the challenge of meeting our aims and objectives. As an organisation we have identifted the need to offer framilies increased support to move out of the povety trap so often caused by high rents and low paid jobs. Added to this is now the costf-11vIng crisis. work has already begun in relation to supporting families and our CEO will be working towards securing further funds specifically for meeting this crisis as well as our day-trt8y core seiS. The CEO & trustees are thinking about how to both build on our core funding routes i.e. grants, as well as bolster our own fundraising abilities which we have tested (through activities such as fundraising and raffles, engaging businesses, company support) this year. We aim to offer an even greater variety of groups and classes that will not only assist parents back into education, vocational training and well-paid work, but also those that will strengthen intrafrdmily relationships and enable families to live healthy lives. SBFP&CC has previousty been in the forefront of campaigning for dent, secure and afft)rdable housing. we hope once again to be able to take up the campaigning mantle. STRUCTURE, GOVERNANCE AND nftANAGEMENT Govemlng document As a Company Ltd by Guarantee our governing document is the Memorandum and Articles of Association. Directors and Trustees All directors of the company are also trustees of the chaiity, and there are no other trustees. All the trustees named on page 1 served throughout the year except where stated. The Directors have the power to appoint additional trustees as they consider appropriate and continued to search for new trustees with an interest in the charities work and if possible, with local connections. Recrurtment & Appolntment of Trustees: We believe that carefully choosing and training trustees will help our Project run more efficiently and effectively. Trustees are appointed on the basis of their perceived abilty to contribute to the Project and not for their status and position in the community alone. They have been selected on the basis of their relevant experience, skills and willingness to take an active part in the running of the Project, they must be able and willing to give time to the efficient administration of the Project. Trustees can be users of the Project services if arrangements are made to avoid confiicts of interest such as trustees vob'ng on something from which they will personally and directly benefit. All potential trustees will be made aware of their duties and responsibilities and the amount of commitment involved in being a trustee. Trustee Inductlon and Tralnlng: Existing trustees will ensure that new trustees have a clear understsnding of the work of the charity and what will be expected of them. All new trustees will be provided with a copy of the Project Governing Document and the latest annual report. Potential trustees will be invited to attend a trustees meeting as an observer. They will be introduced to the existing trustees and will be given the opportunity to ask about the charity's activities and funding. All new trustees will be given any support, guidance and infomiation they need. A51 new trustees will be offered training for their general role and any specific task or work they undertake on behalf of the Project. Key Management Remuneration. This is set by the board based on market rate. Risk Management The Trustees recognise that any major risks to which the chartty is exposed need to be reviewed and systems put in Pla to mrtlgate those risks. To that end, the Charity is conts'nually monrtoring and managing its risk ensuring adion plans are in place to mrtigate its key risks. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03664056 (England and Wales) Paae 3
SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Registered Charity number 1080495 Registered office The Sulgrave Club 287 Goldhawk Road London W12 8EU Trnstees Mrs S Ahmed {resigned 1 April 2024) Ms J Campbell (resigned 27 June 2024) Mrs S B Djebbar Mr M Goldzweig Mr F Morgan (appointed 19 February 2024) Mr D Nicklin (resigned 1 March 2024) Ms L M Semple {resned 1 April 2023) Ms T Webb Independent Examiner Haines Watts Charted Accountants Old Ststion House station Approach Swindon Wiltshire SN13DU Approved by order of the board of trustees on ........... .......... .. . and signed on its behalf by: organ - Trustee Paae 4
INDEPENDENT EXANIINER'S REPORT TO TfrIE TRUSTEES OF SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CENTRE Independent examlner's report to the trustees of Shepherds Bush Families Proje¢t & Childrens Contrn (Ihe Company.) I report to the charty trustees on my examination of the accounts of the Company for the year ended 31 March 2024. Responslbilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for irKlependent 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 Art). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 ACL Independent examlnerfs ststement Since your charty's gross income exceeded £250,000 your examiner must be a member of a listed t)ody. I can confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to believe: accounts'ng records were not kept in respect of the Company as required by Section 386 of the 2006 Act", or the accounts do not accord with those records,. or the accounts do not comply with the accounting quirementS of Section 396 of the 20(K Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination" or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concems and have come across no other matters in connecb'on 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. S PlumbACA Haines Watts Chartered Accountants Old Station House Station Approach Swindon Wiltshire SN13DU Date: ............................................. Paae 5
SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 Total funds 2023 Total funds Unrestricted Restricted funds fvnds Notes INCOME AND ENDOWMENTS FROM Donats'ons and legacies 42,490 42.490 33,897 Charitable actlvlties childnS Centre 125,365 166,959 292,324 260.925 Investment income 2,067 2,067 560 Total 169,922 166,959 336,881 295,382 EXPENDrruRE ON Charitable activities Childrens Centre 175 688 163.494 339,182 345.758 NET INCOMEI(EXPENDITURE) TransferJ betweon funds (5,766) 24) 3,465 24 (2.301) (50,376) 11 Net movement in funds (5.790) 3,489 (2,301) (50,376) RECONCILIATION OF FUNDS Total funds brought foNard 86,570 30,803 117,373 167,749 TOTAL FUNDS CARRIED FORWARD 80,780 34,292 115.072 117,373 The notss form part of these financial statements Paae 6
SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CENTRE STATEMENT OF FINANCIAL POSITION 31 MARCH 2024 2024 Totsl funds 2023 Total funds Unrestricted Restricted funds funds Notes FIXED ASSETS Tangible assets 349 349 CURRENT ASSETS Debtors Cash at bank 1,842 1,842 133 873 2,511 219,747 101,423 34,292 135,715 222,258 CREDITORS Amounts falling due within one year (20,992) {20,992) (104,885) NET CURRENT ASSETS 114723 117373 TOTAL ASSEfs LESS CURRENT LIABILITIES 80,780 34,292 115,072 117.373 NET ASSETS 115072 117373 FUNDS Unrestricted funds Restricted funds 11 80,780 34,292 86,570 30,803 TOTAL FUNDS 115072 117,373 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 qUired the company to obtsin an audit of its financial ststements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. The trustees ackn¢)wledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply viith Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to finanal statements, so far as applicab to the charitable company. The notes form part of these financial ststements Paoe 7 continued...
SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CENTRE STATEMENT OF FINANCIAL POSITION - continued 31 MARCH 2024 These financial statements have been prepared in accordan with the provisions applicable to charitable companies subject to the small companies. regime. The financial statements We approved by the Board of Trustees and authorised for issue on . and were signed on its behalf by: MrF an - Chair of the Board of Trustees The notes form part of these financial statements Paae 8
SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CENTRE NOTES TO THE FINANCIAL STATENIENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basls of preparing the financial statements The financlal *atements of the charitsble company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting arKI Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost conventFOn. Golng Concern Trustees have reviewed the funding available for the next 12 mnths and whilst the organisation found the funding climate difficult in the previous 10 months, Trustees and the CEO have worked together to reduce costs and increase income via other funding streams. This has been a period of ts3nsition. Trustees see no reason why there is not sufficient funding for the meet the requirements of the charity going fotward. 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 reliabty. Expondtture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accountsd for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Vthere costs cannot be directly attributed to particular headings. they have been allocated to activities on a basis consistent with the use of reSoUrs. Tanglble flxed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery Computer equipment 25Yo on cost 25% on cost Taxation The charity is exempt from corporats'on tsx on its charitsble activities. Fund ac¢ountlng Unrestricted funds can be used in accordance with the charitable obJ"ectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post-retirement beneffts The charitable company operates a defined contribution pension scheme. Contributions payable to the charitsble company's pension scheme are charged to the Statement of Financial Activities in the period to whith they relate. Debtors Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid. Paae 9 continued...
SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CENTRE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES - continued Creditors Creditors are recognised where the charty has a present obligatton 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 obligatton can be measured or estimated reliably. Creditors are recognised at their settlement amount INVESTMENT INCOME 2024 2023 Deposit account interest 560 INCOME FROM CHARrrABLE ACTIVITIES 2024 2023 Activity Childrens Centre Grants 292,324 260,925 Grants received, included in the above, are as follows.. 2024 2023 Dr Edwards & Bishop Kings Hammersmith United John Lyon's Charity L.B Hammersmith & Fulham 3 SIF Let Me Play National Lottery Trust House Charitable Foundation Tudor Trust LB Hammersmith & Fulham SENIF Grant 5,000 10,000 26,038 27,563 19,935 52.743 10,000 15,000 55,000 35.000 20,215 680 42,949 50,000 3,000 10,000 5.000 14,416 680 30.350 L.B. Hammersmith & Fulham (2yrs and 34yrs) Evening Standard Childhood Trust Breadline Appeal Mrs Smith & Mount Trust H&F Giving The Gr0r Charity The Julia and Hans Rausing Trust:The Julia and Hans Rausing Twst Westminster Foundation The Prism Charitsble Trust Peter Stebbings Memorial Charity Savilles L.B. Hammersmith & Fulham (Children's Centre) United in Hammersmith & Fulham The Sylvia Adams Trust The Drapers Charitable Trust The Daisy Trust 20,000 20.000 5.000 5,000 19,330 12,350 20,000 15,000 3.000 292,324 260,925 Paae 10 continued...
SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CENTRE NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnued FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trust808' oxp8nso8 There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. STAFF COSTS 2024 2023 Wages and salaries Social security costs Other nSIOn costs 202,292 11,909 4,134 218,394 9,118 218,335 231,191 Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key mansgement personnel for services provided to the charity was £45,171 (2023: 45,182}. The average monthly number of employees during the year was as follows.. 2024 2023 Total No employees reiVed emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds Total funds INCOME AND ENDOWMENTS FROM Donations and legaGies 33,897 33,897 Charltable actlvltles Childrens Centre 80,350 180,575 260,925 Investment income 560 560 Total 114,807 180,575 295,382 EXPENDITURE ON Charitable actlvitles Childrens Centre 109,861 235,897 345.758 NET INCOMEI{EXPENDITURE) 4,946 (55,322) (50,376) RECONCILIATION OF FUNDS Total funds brought fopward 81,624 86,125 167,749 Paae11 continued...
SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CENTRE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES- continued Unrestricted Restricted funds fvnds Totsl funds TOTAL FUNDS CARRIED FORWARD 30,803 117,373 TANGIBLE FIXED ASSETS Plant and machinery Computer equipment Totals COST At 1 April 2023 Additions 36,430 349 3,924 40,354 349 At 31 March 2024 36,779 40.703 DEPRECIATION At 1 April 2023 and 31 March 2024 36,430 40,354 NEf BOOK VALUE At 31 March 2024 349 349 At 31 March 2023 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Prepayments and accrued income 1,292 550 2.511 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Social security and other taxes Accruals and deferred income 6,397 14,595 5,790 99.095 20,992 104.885 Included in the above is deferred income of £10.586 (2023 £95.170 that relates to 202312024) that relates to 202412025. Paae 12 continued..,
SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CENTRE NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2024 10. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due as follows.. 2024 2023 V4Sthin one year Between one and fve years 36.400 9,100 45,500 11. MOVEMENT IN FUNDS Net movement in funds Transfers belween funds At 3113124 At 114123 Unrestricted funds General fund Desrgnated fund - Offi move 76,570 10,000 (5,766) 9,976 10 000) 80,780 86,570 (5.766) (24) 80,780 Restrlcted funds L.B. Hammersmith & Fulham (Children's Centre) L.B.Hammersmrth & Fulham (3 SIF) L.8.Hammersmith (SENIF Grant) The John Lyons Charity Tudor Trust National Lottery Let Me Play 1,282 1,611 680 27,255 {25) 1,282 1,611 870 27,255 190 25 3,274 3,274 1) 30,803 3.465 24 34,292 TOTAL FUNDS 117,373 2,301) 115,072 Paoe 13 Continued...
SHEPHERDS BUSH FAMILIES PROJECT & CHILDRENS CENTRE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 11. MOVEMENT IN FUNDS - continued Net movement in funds. included in the above are as follows: Incoming reSoUrS Resources expended Movement in funds Unrestricted fvnds General fund 169,922 (175,688) (5.766) Restricted funds L B.Hammersmtth & Fulham (3 SIF) L.B.Hammersmith (SENIF Grant) The John Lyons Charity Tudor Trust National Lottery Hammersmith United Trusthouse Charitable Trust Let Me Play Dr Edwards & Bishop Kings 27,563 680 26,038 15,000 52,743 10,000 10,000 19,935 (27.563) (490) (26,038) (15,000) (49,469) (10,000) (10,000) (19,934) 5.000) 190 3,274 166.959 163,494 TOTAL FUNDS 336 881 339,182) 2,301) Comparatlves for movement in funds Net movement in funds At 114122 3113123 Unrestricted funds General fund Designated fund - office move 71,624 10,000 4.946 76,570 10,000 81,624 4,946 86,570 Restricted funds L.B. Hammersmith & Fulham (Children's Centre) L.B.Hammersmith & Fulham (3 SIF) L.B.Hammersmith (SENIF Grant) The John Lyons Charity Tudor Trust National Lottery Hammersmith United United in Hammersmith & Fulham Trusthouse Charttable Trust Sylvia Adams Trust 1.282 1,611 680 27.255 (15,993) (32,918) (11,357) (4,923) (10,000) 10,959) 1,282 1,611 680 27.255 (25) 15,968 32.918 11,357 4,923 10,000 10,959 86,125 55.322 30,803 TOTAL FUNDS 167,749 50,376) 117,373 Paae 14 continued...
SHEPHERDS BUSH FAMILIES PROJECT& CHILDRENS CENTRE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 IIARCH 2024 1 I. PIOVEMENT IN FUNDS - conllnued Comparative net mvement in funds, included in the above are as follows: Incoming resources Resources expended Movement n funds Unrestrlcted funds General fund 114,807 (109,861) 4,946 Restricted funds L.8. Hammersmith & Fulham (Children's Centre) L.B.Hammersmith & Fulham (3 SIF) L.B.Hammersmith (SENIF Grant) The John Lyons Charity Tudor Trust National Lottery Hammersmith United United in Hammersmith & Fulham Trusthouse Charitable Trust Sylvia Adams Trust The Drapers Charitable Twst The Daisy Trust Let Me PY 19.330 35,000 680 55,000 (18,048) (33,389) 1.282 1,611 680 27,255 (15,993) (32,918) (11,357) (4,923) (10,000) (10,959) (27,745) (15,993) (32,918) (11,357) (17,273} (10,000) (30,959) (15,000) (3,000) 20,215) 12,350 20,000 15,000 3,000 180,575 235,897 TOTAL FUNDS 295.382 345 758) Restrictod Funds L.B.Hammersmith & Fulham (3 SIF) counselling. towards cost of core services including drop-in and L.B.Hammersmith (SENIF Grant) - Special Needs equipment The John Lyons Charity - Sataries for After school and holiday workers Tudor Trust - costs of advFce and advocacy seNices National Lottery - support for families coping with cost of living crisis Hammersmith United - core costs of work with families Trusthouse Charitable Trust - tovRrds cost of Family Centre Worker Let Me Play - food and activities for C&YP during school holidays Dr Edwards & Bishop Kings- work with families living in the Old Borough of Fulham Designated fund - a fund set aside for costs of moving to and refvrbishing of premise. This was all spent in the year. 12. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2024 Paoe 15 continued..
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