Spurgeons
ANNUAL REPORT
2022- 2023
Compony No. 3990460
Charity No. 1081182
TOGETHER
WITH FAMILIES

TA
Welcome
Strategic report
Our mission
CEO update
Impact report
Ourfuture plan8
Our 8ervice8
Our Impact
Client 8torle8
Our people
Our financia18
12
Going concern
17
Fundraising and income generation
18
Risk management
20
Ourcommitment to good governance
22
Statement of Trustees. responsibiliti88
25
Independant auditor's report
27
Financial statements
32
Specific acknowledgements
51

WELCOME
When renowned Boptist preocher Chorl&s
Hoddon Spurgeon founded this precious
chority over 150 yeors ogo, his heort was
for all children to flourish regardless of their
bockground. To this doy, we continue this vision
of tronsformotion ond support by establishing
Fomily Hubs where ws are needed most. We
portner with local councils, churches ond
commvnities to care for every family, putting
children and young people first in everything
we do.
moximise the
chority's assets, whilst
olso ovgmenting our
fundroising team,
increosing our digitol
well-being support,
and establishing more
community partners
to help us meet the
ever-increasing need
for fa mily well-being
support in the UK. l om immensely proud of
serving o Christian charity connecting locol
government and the faith sector to undertoke
complex work with vulnerable families ond
believe we can make a real difference to the
lives of many more in need.
l am new in past, taking over from interim Choir
of the Board, Sarah Powley, in October 2022
ond I would like to thonk Sorah for her excellent
job of keeping o steady ship through o time
of exceptionol chonge. There hove been new
members join the Senior Leadership teom ond
the goord, amidst the bockdrop of a cost-
of-living crisis and significant funding cuts to
services, yet by God s groce, we have managed
to navigate thege intarnol and external f luxes
with impressive commitmsnt and agility whilst
continuing to gupport over 30,000 children in
need.
I would also like to give thonks foroll the
work that this report reflects ond express
my gratitude for the colleogues, volunte8r$,
supporters and portners that hove helped
us ond who share our belief ond hope in the
tronsformotion we can oll bring when wo
work together. Lastly, and most importontly, I
wont to give thanks for the co-operation ond
perseverance of the children, young people
and families we have the privilege of working
alongside,. your courage in the foce of odverglty
never fails to inspire me to work harder to servo
this impactful chority.
Spurgeons, colleagues have embedded the
new strotegy of delivoring Fomily Hubs through
a comprehensive, holistic business plon across
the entire orgonisotion, ensuring thot eoch of
our 534 colleagues ond volunteers have o port
to ploy in the core of children and families in
need. Our recent rebrand succegsf ully raf lects
this new strategic direction, along with the
energy of the executive team and our more
diverse services resulting from the acquisition
of Fegans charity in July 2021. This fresh new
look ond feel to Spurgeons positions us os
o chority thot works with the entire fomily,
providing core thot meets their unique needs
and will help us diversify our income to meet
the needs of even more children ond families in
years to come.
God bless,
MIKE REBEIRO
Chair of Spurgeons Boord of Trustees
Spurgeons has a big year ahead with several
locol authority contracts being retendered,.
however, with our centrol ond fomily
proctitioner teams continuing to work in unity
towords o shared purpose, living out our values
of being compossionate, foir, ond committed,
we are conlident of the future of Spurgeons.
We are undertaking a linanciol review to

STRATEGIC REPORT
OUR MISSION
Our mission
Together, we creote Family Hubs where we're needed most, with counsellir)g, early years
andfamily support. We portner with local councils, churches and communities to care for
every family, putting children and youn9 people first in everything we do.
Our charitable object8
To advance in life ond help children and young people, their families and carers, who need
care and protection, in porticular but not exclusively, by the provision of edycation, support
services, social care, maintenance, vocotional training and financial ossistonce.
Ourvalu88 and behaviours
mpaulonat•
¢¥ommltt•d
To oct justly Ifairnessl and to love mercy Icompossionl ond to wolk humbly with your God
Icommitmentl." Micah 6..8
Put children and young people first in everything.
Respect and value every individual.
Listen to understond, without judging.
Be open ond honest, with kindness.
Persevere to be our obsolute best and do whatwe say wè will do.
Bring out the best in eoch other os we work together for the right result.
Our vision
Spurgeons transforms the nation, one child ot o time by ensuring every family has the
support needed to flourish.
Who wa are here to serve
Children ond young people10-18, or 25 for those in Core or SENDI with an oim to reoch
across the four notions of the UK. For over 150 years Spurgeons has committed to enobling
every child to f ullil their f ull potential even when life's challenges become overwhelming.
Families and corers - Spurgeons empowers families to become self-sustaining through
family support, parenting and SEND provision so that every child has a safe environment irn
which to flourish.
The truste0¥ confirm thotthey have referred to the Charity Commi88ion public benefit guidance
in compiling this report, and that what Spurgeons doe8 contributes to it8 charitable object8 in
this re
ard.

CEO UPDATE
Last year wo$ my first full year a9 CEO following Spurgeons, acquisition of Fegons. Working closely
with the Trustees we have spent the lost yeor developi ng ond rolling out our Family Hub strategy ond
recruiting a senior team to lead it Much of the core thot Spurgeorns provides for families is delivered
through our Locol Authority Commissioned Childrèn's Centres, but increasingly we are reoching
mony families where they a re in the comniunity, in churches, prisons, schools or reached through our
counsellors working in GP practices.
At the heort of Spurgeons is the obility to meet the needs of families
wherever they are, with whotever they need,. o self-harming teenager,
a fomily torn opart by imprisonment, a mum suffering from domestic
obuse or o child with suicidol ideotion. We wont to be there for all
fomilies in need and turn no one awoy. Our strategy is to partner with
churches of oll denominations to equip and support them to meet the
needs of families, so thot every community hos the chonce to receive the
care needed to flourish. We do thi8 With sofeguording ond quolity os our
upmost priority. We lev8rage the expertise of our commissioned controcts
ond partner with stotutory partners ond other chorities wherever possible
to en8ure childrèn ond families receivg tho most holistic care possible.
To facilitote this opproach, we have spent the lost year crystallisirng
the strotegy into o publicly ovoiloble document, ond developing o new
brond ond new website to accurately reflect it, as well 08 establishing
o new senior leadership teom to write and implement the business plan negded to deliver the
strategy effectively over the coming two years. We have also reviewed ond streamlined our policies,
improving our sofeguarding processes and procedures to better equip us to portner with locol
communities.
111
We are currently building relationships with senior church frgur8s, locol authority commissioners
and Directors of Servic& to establish o common undorstonding of how we moy partn&r together to
core for communities facing complex adversities, The new Fomi ly Hub strategy does not replace the
work we currently do, but, rather, drows it togethor, providing our many services o common theme of
occessible, holistic core for families. To that end our focus for the coming year is to..
Consolidate the new strategy into our communication, culture ond growth plons
Re-win our current contracts and secure new to help us serve more families
Develop and establish our church Fomily Hub model ready for wider rollovt
Continue to augment our operotion8 to enoble continued ogility in a changing environment.
Underpinning this stratagy is furthor development of our digitol delivery. We hav8 quolilied
counsellors and trained parenting practitioners providing 1-1 support vio Teoms to children ond
porents i n distress. Spurgeons ore producing OCN-accredited online training programs to equip
local communities with our expertise. We currently deliver free, occessible digital courses coveri ng
a ronge of topics, from sepo roted parenting through to disordered eating, and have plans to creote
many more os we listen to the needs of local communities arid what they would lind most helpful.
IAN SOARS
Chief Executive Oflicer

IMPACTREPORT

OUR FUTURE PLANS
Overtho lastyear w& have established a wider leodership teom ISLTI ond rebranded and releosed
our strategy for the coming season. All of these were coordinated to a Single purpose of being oble
to focus the organisation on delivering our promise of transforming this nation on& child at a time.
The coming year embeds these different aspects to enable Spurgeons to move
forward effectively in a very chongeoble environment. Some of our contracts
ore ending, with a view to being retendered for throughout fi'nancial year
2023-24. We remain hopeful of the positive outcomes of these processes
but at the same time are focvsing on delivering Family Hubs in ways that
ore not dependent on stotutory support. We do this because of local
authorities, decreosed ability to fully fund th6 extensive support that some
children ond families need, os well os the increasingly few alternatives for
fomilies to turn to.
Spvrgwn• av•
•lqnlfl¢antly Inv•Jtlng
In ovr lundral•ln•.
¢J•mmunl¢atloh*•Thd
dlgltal oqpqblllty.
all•wlng lJ•toMu¢h m•r•
f•mlll••. partl¢ularly
Ih¢M• unobl•to
oontrlbut•flnan•lally
To enoble this, we are significantly investing in our fundraising,
communicotions and digitol capability, allowing us to reach more
families, porticula rly those unable to poy for services. We ore increasing our
church engagement with a view to announcing partnerships with churches of oll
denominotion8.
Over tho coming $eoson we intend to harness the competence, reach and rèsourcos of the local
church in portnorship with the responsibilities and governance requirements of the stote to grow
our capocity to respond to thoso in need. To ochieve this, our strategic gools for 2023-26 ore
Ralmaur prafil•
to bs known
os specialist.
forth motivated
provider of high-
qvolity delivery
ond proctice
to children ond
fomilies.
Workwlth th•
•tat• and churoh
in partnership, we
deliver export ond
locally integrated
Fomily Hubs.
D•v•lap ovr
Ilnanolal
•u•talnablllty
Diversify our
voluntory ond
stotutory income
base.
Rmpow•rour
p••pl•
Be a place
of inclusivity
and welcome,
inspiring
colleagues to
serve children
and families to
their full potentiol.
In•plrlng
•xc•ll•no• In
op•ratl•n•
Integrote our
woys of working.
Combining these gives vs great confidence that we are ready ond equipped to face
our sector's chollenges whilst at the same time increasing ovr copocity to see
every fomily who needs our support, wherever they live ond regardless of
their capacity to contribute.

OUR SERVICE
FAMILYSUPPORT
Providing s(Jpport and evidence
informed interventions for children and
adults affected by domestic abuse and
troining for professionals.
CHILDREN'SCENTRES
now known a•'Famlly Hvb•'
Earlyy•ar•. h•alth and W•1￿￿1n9
atlonwld•
Evidence-informed progrommes
ond interventions aimed at
reducing heolth inequolities ond
promoting sofe, hoppy, heolthy
lifestyles.
Blrmlngham. Wllt•hlro
DAD.Into and •oclal m•dla
DAD.info celebrates the role of dods
with helpful reso(Jrces and content
for dods to bvild.strong and healthy
relationships with their children. We have
a community of active and involved
dads in our moderoted forum, providing
peer-to-peer support.
Pr••ohool•
School or church-bosed pre-
schools with on-site therapeutic
and fomily support predominontly
located in areos of intense need
offering holistic fomily core.
Pnlln•
Cgunmlllng
Natlonwld•
Support for children, young people,
parents and carers provided through
one-to-one counselling either foce to
foce or remotely with qva1iligd ond
experienced psychotheropists.
YOUNG CARERS
atlonwld•
Young C4r•r•
Par•ntlng advlo• and •upport
Providing cose work, group work, respite,
residential trips, transition support for
children ond young people and awareness
raising amongst professionols,
Supporting children's sociol, emotional
and intellectual well-being, with
additional support for families and
children with special educotionol needs.
Blrnilngham, Wolv•rhampton
Blrmlngham, Elmbrldgo, Wlltghlr•. K•nt,
Ea•tSv•w and W••t SuM•x
CHILDREN &YOUNG PEOPLEAFFECTED BY IMPRISONMENT
Prlwn•rlamlty •vpp•rt
Supporting families to maintoin contoct, preporing families for releose ond reintegration,
prevention of inter-gonerotional criminolity.
n¢h••t•r. F•ltham

OUR IMPACT*$￿￿￿
Spurgeons is o notionol chority ond during 2022123 we have helped
Iamlllw•hlldr•n.￿ungp•oP1•Und adult•, and two million people heard our voice through
online, medio ond other streoms outside our physical services. We deliver services in a post-
pandemic londscape where children have missed out on opportunities to flourish and th8 cost of
living crisis now impacts our most vulnerable families even more.
this doeg not include 8orvic88 closed during th* yeor.
30.500
98%
Our visitor centre at HMP Winchester hod
4,810 odults and 939 children come through
the doors in 2022-23 and we had 136 men
and fomilies att&nding our family doys
where 80 children were able to enjoy time
together with their dads including hoving o
family meal.
r pre-schools mode
ogress so thot 60%
ere school ready
mporgd to 60%
ing behind when the
of service users
In 2022-23 wovld
rècommend u$ to
frignd$ and fomily.
twry•tsTrold•
in Birmlngham
completing thoir
early yeors review,.
this is more thon
9*•dtwtry•ar-•ld•
in our Birminghom
We delivered
149 loving
baby-bundles
giving fomilies
clothes ond
essentiols for
their newborn
babies.
2 million people heord
our voice online through
digitol offerings and
forum8.
70%
of our 500 raforrals for
young car9r8 $&rvice8
come from 80cial
core and $chool8. In
Birminghom alone, we
work with 780
young carer8.
nsuring our teoms
re well trained to
upport children ond
amilies is critical ond
1% of colleagues said
the lost year they
od opportunities to
arn ond grow.
We ore currently working intensively with
220 prI￿n•r• to improve relationships with
their fomilies ond children.
66
The nur•ory ha8 been
fanta8tlc from the moment
Olivia 8tortgd. de8plte her
difficulti08. Ollvlo ha8 really
developed and mado lot8
of improvement8 in her
lèorning ond physical 8klll•.
Buttons ABC team
have been amazing.
95%+
of families accossing our services tell us
that things have improved from working
with us.
98%
of our colleagu8s are
provd to work for
Spurgeons.
99
100%
W• work•d to ￿Uard Aal
of children $oythgy made
progress when being supported
byovr services ond 86% hov8
made headway with their
feelings and behaviovr.
694childre
97%
keeping them Safe from
domestic abu8e, neglect
and tho offo¢t¥ of poor
montal hfjQl￿
of fomilie8 make progress
o¢ro88 their lives when working
olongside us and 63% of families
hove improved well-being.
66
The Ofsted in8pector was really interested in our joint working and felt that we had
enabled families to ucee$$ Support thot they might hove previously been reluctant to engage in.
99

CLIENTSTORIES
66
I have more
understanding lofl my
child's needs and how to
under8tond him better
when he is feeling angry
than before, thanks
to parenting Iteaml.
66
Prison con be a very dork ond
horrible and lonely place. And then
you've got someone like Spurgeons.
It's like on angel comes out of nowhere
and just literolly picks you up ond puts
you with your family ond takes you out
of that dark place. Even if it's just for
one hour, two hours at o time. It just
gives you a chance to recharge your
botteries and focus
on what is important.
99
99
The face-to-face counselling this year Ihasl been great. They have
supported a bereaved child incredibly intuitively enobling her to fully oc-
cess the curriculum once agoin. As
a school we feel we hove benefitted greotly.
99
I was welcomed into the children's centre. Everyone wos friendly and supportive,
landl really helped to eose my anxiety. I felt comfortable to listen and toke onboard
whot was being discussed. My child was hoppy in another room ond away from
me IFive to Thrive childcare group). This is the first time he has been left and l am
pleosed he settled well in o room ond oway from me IFive to Thrive childcare groupl.

OUR PEOPLE
Our achievements ore bosed on the dedicotion, exp&rtise and passion of our entire team, made up
of employees, volunteers ond foithful supporters.
On 31 March 2023 Spurgeons employed a total
The nature of our work
and the sector we
work in, as well as our
colleagues, personal
circumstances, means
thot mony of thesè
colleagues work part-
time126.8%1 or term time
only (19.0%}.
418
employee81429 in 2022-211. This yeor-on-
yeor reduction is due to Spvrgeons no longer
operating o number of the prison contracts.
A further 3.7% of the
workforce ar8 on cosval
contracts. This meons
that half of our workforce
IrJO%I work full-time,
which is slightly higher
than lost yeor.
97%
•ay tholr work glvol thom a ••n8• of Purp￿0.
915% of our workforce stated their
gender as femole, declored
their ethnicity os White and 61Yh
cited their religion os Christian.
However os on organisotion
oiming to be welcoming and
inclusive to all, we ore proud to
hove o diverse range of ethnic
backgrounds and religions in our
workforce including 15%Asion/
Asian British ond 13%Muslims.
Existing data ot time of pvblishinfj

VOLUNTEERS
Volunteers ore on essentiol and important part
of OLJr workforce. As of 31 March 2023 we had
116 v•lvnt••M across our services supporting
our work with children, families and vulnerable
odults. Over the coming two years we intend
to review f urther the role that volunteers
could have in our workforce. We hove positive
examples of service users who have benefi'ted
f rom our services, becoming valuable volunteers
with lived experience, now supporting other
parents and families.
OURVALUES. LEARNIN
Building on the
leorning, This hos included
We osked colloagves for their
work in 2021 to
widening occess foroll
views dvring Jonuory ond
lounch our
colleogugs to the Community
Fobruory 2023 ond roceived
ref reshed
Core Inform plotform ond
260 responses, eqvol to
value8 ond
continued development of our
of our workforce, Flesults hove
integrate
Communities of Practice. Our
improved since the lost full
Fegons ond
Nentol Health community of
survey in 2020, which, given
Spurgeons
practice hos been instrumentol the level of orgonisotionol
as one
in collating cost of living
and external chong@, is very
organisation,
resources thot have been
positive, with 90%of •dl•qgv
all colleagues
Shored across the orgonisation
pr•ud t• work f•r spurg￿￿*. It
hod a values
vio our learning platform
is pleosing to see thot areos
objèctive in 2022, to support both colleagues
of most notable improvement
focusing on our
and service users during thi8
are where we have been
six core behaviours.
challenging year. We also
focusing, such as supporting
In oddition we lounched an
launched the Spvrgeons
co51eagues through change
ethos ond volues workshop
Savings platform enabling
and uneertainty189% overall
for all new storters to help
colleagues to get discounts
ogreel, being conscious of the
embed these from day one
from a range of retailers. In
values in my work198%1, seeing
and encouroged teoms to use
terms offormal training we
the impact of our Christian
a values team ogreemont for
hove increased the number of
ethos on the organisation186%1
how they work together.
monogers with Nentol Health
ond my line manager helps ond
First Aid training and continue
supports me197%1. 81% have
to vpskill our managers with
had opportunities to learn ond
monoging people well ond
grow in the lost 12 months.
approisol troining,. these hove
olso now been rolled out to
those monoggrs thot joined us
from Fegans.
We have continued to
develop a learning culture
across the orgonisation with
a focus on leorning on the
job ond learning from each
other, rather than just formal
Co11eogue voice remoins on
integrol port of our culture ond
in 2022 we engoged o new
10

speciolist Div&rsity, Equity and Inclusion partner.
The fi'rst step has been to run three webinars
with our coll&ogv&s in March to educate, gather
feedbock ond develop personol ownership on
how together we cr&ote o culture of inclusion.
In April we will be undertaking leadership
training enabling all leaders to weave o focus on
inclusion into their objectives and day-to-day
activities.
key chonnels for ensuring this is our monthly
newsletter called Together that goes out to all
employees and contoins informotion, reminders,
requests and good news stories. This often
includes a direct message from the CEO which
is olso supplemented by CEO &mails and video
updates. We hove continued with our CEO
foce-to-foce live updote every other month
vio Microsoft Teoms that is also recorded ond
ottended by other ssnior managers. Messages
thot ore relevont only to porticular teams or
individuals are managed through different
chonnels.
Ensuring our workforce is kept up to date with
developments and provided information in on
appropriate and timely woy is an importont
elgmont of engoging our employees. One of our
PR4Q,TICE DEVELOPMENTt
Over the last y&ar we have continued to focus on culture of reflective practice, we have continued
d&veloping quality of practice with o formotive
to develop Communities of Practice on areos
mindset, building on strengths and
including domestic abuse, mentol heolthl
empowering stofF members and
inclusive practice, the child's
teoms. We hove continued
voice/liv&d 8xperionce, ond
to monitor ond occurotely
administration.
evaluate the effectiveness
of our services ond to
oct on fi'ndings using
feedbock from service
users, commissioners
and colleogves os
part of monitoring ond
evaluation. We have
developed o Practice
Handbook encompassing
oll we do to set tho bor
high in terms of proctice
standords ond ensure that we
remain focused on the impoct of
all we do forchildren ond families.
Communities of Practice
enables practitioners
in oll roles, and subject
speciolists, from ocross
the orgonisation to take
collective responsibility for
managing the knowledge
they ne8d, recognising that
given the right framework,
they are in the best position
to do this. Members hove
a responsibility to bring their
experience, roseorch, ond oreas
of focus to eoch session ond to drive
any leorning bock into their areos of work to
ensure thot the cycle of learning continues.
We have continued to develop our Team Around
the Child/Resident and Family ITAC/TARFI audit.
This is a collakiorative 'live audit, that includes
all members of teoms who hove worked with the
childlrenl/ family/ resident and those who have
hod monogement oversight of the cose, These
oudits have been incredibly voluoble for opening
up ref lections and discussions on practice.
Our Sofeguording Policy ond Child Protection
Procedures hove been comprehensively
updated to ensure that they'reflect the latest
guidance and best practice and support us in
our collectively responsibility of keeping children
safe.
In addition, as part of
eveloping a learning

OUR FINANCIALS
12

AN OVERVIEWOFOUR FINANCIAL
PERFORMANCE
Advantages in the property morket, investment gains and increased unrestricted income from the
ocquisition of Fegans saw linancial yeor 2021-22 end with on increase in total funds of £2.5m. By
contrast, in 2022-23 we contended with inflation, subs&qu&nt cost of living increases., high employ-
ment cost increoses linked to the Notionol Joint Council for Local Government services pay reviews,
as well as minor investment losses. This, along with purposed growth and divorsilicotion aligned with
the strategy, resulted in o decreose of f unds of £1.9m.
Our linoncials continue to ref lect stability through our large government-funded contracts, contribut-
ing 769k of the onnuol turnov&r in 2022-23. Most of these contracts will reoch end of term in 2024. We
are in the process of retendering for these contracts, but to ensure sufficient liquidity, we kept £2.Sm
from the sale of properties and £1.6m from our investment funds in cash to mitigate potential cosh-
flow risks during this uncertain period, especially given our growth strotegy. We have since rginvested
£1.6m cash in short-term treasury bills to copitolise on strong interest rate returns.
We transitioned our stocks and shares portfolio from Epworths to Rothbone Greenbank Investments
in 2022. Rathbone Greenbank specialise in Ethicol, Sustoinoble ond Impact investment monogement
and our investment portfolio torgets o return of CPI + 3Qk ov8r the long term.
Despite vnprecedented externol economic foctors, our financials continue to reflect stability ond
resilience with reserves positioned ot £20,9m12027-22.. £22.9ml. Similar to 2022-23, we onticipote fur-
ther reduction in reserves os we continue to implement our growth strategy.
OUR INCOME RESULTS FOR 2022-23
In comparison to 2021-22, this financial year
reflects a lower overall income of £12.Sm
12027-22., £14.2ml. This outcome is primorily
duo to higher one-off income recoived1£1.Oml
f rom the acquisition of Fegons in the previous
yeor.
2% | Legocie8
3% | Investmenty
10% | Donotion$
85% | Support of ehildren.
young peop19 ond fomilies
We have reclo89ified a proportion of our
unrestricted income to restricted, to more
accurately reflect the terms governing our
contracts, which meany all income related
to o controct is now ref lected under one
heading.
Income f rom donotions (including legociesl
accounted for £1.4m12027-22. £7.7ml
reflecting lower legacy income thon last year.
Income in support of children, young people
and families amounted to £10.6m12027-22..
£77ml, mainly due to lower income supporting
children affected by imprisonment.
Dtsn4tiorbS
Higher interest income I£0.1ml in 2022-
23, olong with the reduction in dividends
1£0.1ml, reflects the higher liquidity cosh f low
strotegies deployed in 2022 ond the transition
of our stocks and shores portfolio.
L¢9o¢leg
Inv•tstment8
Support of children. youny peoplo & familie5
13

OUR EXPENDITURE RESULTS FOR2022-23
Finonciol year 2022-23 saw exp&nditure
amovnt to £14.3m12027-22.. £12.8ml.
Activities to support children, young people
ond fomilies accounted for 96Wo1£13.7ml
of total expenditure, with fundraising and
investment cost comprising the remaining
4Vo I£0.6ml. Fundraising costs ore
expected to increose in 2023-24, in relation
to fundraising income, os the strategy
focuses on growth and diversilication of
income sources to fund o greater impact
and influence in support of vulneroble
families ornd children.
3% | Fundroisino,
marketirig &
promotion
1% | Investmént
osts
90% | Support of childran,
young people & fomili8$
Our children's centre work occounts for
830k or £11.4m12027-22.. £9.4ml and our
fomily support work is 5Vo or £0.7m12021-
22.. £1ml of our total spend of £13.7m.
Working with children and young people
offected by imprisonment accounts
for 8% or £1m12021-22.. £1.2ml and our
youth, community and young corers work
accounts for 4% or £0.6m of the total
spend.
Fundrol•lng, mork•tlng. and promotlon
Inv••tm•nt•
£O.Sm
£0.1m
Supportof ¢hSldr•rn young p•opl• &fr4mlll••
£13.7m
A notable portion of overoll exponditvrg,
£10.7m12027-22, £9.gml, is ottributed to
employment costs, representing 750k of our
total expenditure12021-22,. 78%), with most
of this omount expended on personnel
directly involved in delivering essential
support services.
Chlldrenj cgntr¢$
Famlly$uppr*rt
Chlldr•n and young poopl•off•ot•d by
Imprlffsonmont
Youth community and yovng car¢r8
OUR RESERVES
Our reserves reduced by £2.Om to £20.gm12021-22.. £22.9ml, reflecting the annual operationol
deficit of1£1.8ml. Our investment focuses on augmenting fundraising, communication, and digital
copobilities, alongside invastment in our own initiatives to support children and fomilies affected
by imprisonment, enabling growth in vital services delivered to vulnerable children and families. Of
our total funds, £8.5m12027-22.. £9.2ml were restricted or endowed.
The designoted funds of £8.2m12027-22.. £8.5ml are those set aside by the Trustees for a particular
purpose and comprise the Strotegic Investment Fund £2.6m, the Service Development Fund £3.5m
12021-22.. £3.7ml ond the Property Investment Fund £2.2m12027-22.. £2.2ml. The Central Office
Development Fund was repositioned as the Strotegic Investment Fund1£2.6ml in 2022-2312027-
22.. £2.6ml. The Central Oflice Development Fund no longer served a feasible purpose, given the
charity's decision to implement remote working from January 2023. General unrestricted funds
were £4.2m12027-22.. £5,1.ml.
The balance sheet ond liquidity of the chority at yeor-end remain strong and positioned to
mitigate the potentiol impoct of contracts ending in finonciol yeor 2023-24,
14

ANNUAL NET ASSETS
As projected in the Annuol Accovnts for fi'nancial year 2021-22, the value of the net assets has
reduced to £20.gm12021-22.. £22.9ml ref lecting intentional budget deficits and investment to allow for
growth in the vital services we deliver. However, Spurg&ons remains strong as a 'going concern,.
INVESTMENT MANAGEMENT
Spurgeons seeks to steward its assets well ond applies th& ethical standards thot oro bosed on our
Christion foith in the context of our responsibility to manage investments in lino with the Trustee
Act 2000. Income from investments is an important part of our funding ond how we bolance good
returns with on ethical investment policy can be found on our website
Iwww.spurgeons.orgl. Trustees review our investment policy onnually, ond invostment performancg
every quarter.
Our inv8Stment manag8rs are Rathbonos Grgenbonk who specialise in ethical, sustainable ond
impact InV8Stment management. The Trusteos olso employed Crowe Financial Planning UK Ltd to
support the transfer of funds from Epworths Investment Monagement Ltd to Rathbonos Greenbank
and to provide investment odvice during the yeor.
Ovr investment portfolio torgets o return of CPI+ 3Vo over th& long term and follows the ethical
investment policy of the 8optist Union. From 12 October 2022, the incoption dote of investing with
Rothbones Greenbank, the Spurgeons, investment portfolio delivered o return of 3.9% net of f&es.
The Charity's non-property investments generoted an unrealised loss of £82k12021-22.. £92k gain)
on year-end valuation. At 31 March 2023, the total decrease in the voluotion of oll investments (Note
91 was £371k for UK Common invèstment funds, compored to o total decrease of £62k in 2021-22.
The volue of these investments has docreasod by a further £42k between 31 March and 31 fqoy
2023.
Our portfolio performance can be compored to o peer group composite, the ARC Charity Steody
Growth Index, which returned -0.4°/o over this time period.
The greoter part of our investment volue is held in a property portfolio, which is represented by
assets thot hove been gifted to us over many years. The property volves ond strategy of directly
holding and managing investment properties is reviewed onnuolly by the Trustees. At the start of
the yeor two properties were sold with proceèds of £2.5m.
The remaining property portfolio showed o revolvation increase of £0.1m12027-22.. £0.9ml. The
Trustees continue to monitor the bolonce of the poFtfolio and how the assets can be best used in
the interests of our charitable purposes.
The Trustees opproved the sole of o further two investment properties with o combined sales value
of £715,000 in 2022-23 and these properties were marketed with one being in the process of sale.
Since we anticipote the sale of both properties imminently these properties will be reclassified from
Fixed Asset Investments to Current Assets Held for Sale.
15

RESERVES POLICY
Like mony other chorities, Spurgeons relies on a
Funds as our strategic trajectory focuses on
smoll number of income sources. It is important
developing Church Fomily Hubs as well os our
that, however unlikely it moy be that these sources continued initiative of working with children ond
oll suddenly cease, we plan to hold suflicient
families affected by imprisonment.
reserves to meet our obligotions and needs. In
this respect Spurgeons reserves ore strong ond
healthy.
The Trustees have token into occovnt the level
of free reserves necessary to cover the following
risks..
Our reserves policy is reviewed onnually by the
Finance Committee ond approved by the 8oard
of Trustees. The Trustees have corefully considered
the requirement for us to maintoin an oppropriote
level of free reserv8s, being those unrestricted
funds not invested in fi'xed assets, designated for
specific purposes or otherwise committed.
L08s of restricted income as o result of the
closure of major pieces of work or failure to
retain commissioned work on re-tender.
Working capitol requireme'nts.
Potential redundoncy ond other costs
ossocioted with the closure of o sig-
nificont port of the orgonisotion.
t)uring 2022-23, the designated f und held for
the potential developmont of a Central Office,
wos repurposed os o strotegic investment f und,
designoting f unds for investment in strategic
orowth, following monogement ond Trusteos,
decision to implement remoto working controcts
In January 2023. As of 31st Morch 2023, the volue
of the Strategic Investment Fund wos £2.6m.
The 2023-24 budget includes circa £0.4m cost
earmarked as investment from the Strotegic
Investment Fund, alongside circa £0.5m property
development cost, as we continue to invest in
growth and focus on maximizing our ossets in
light of sustoinoble f uture activities,
Failure to hit fundraising targets.
Volatility and uncertainty in the inv88t-
ment markets.
An gvent having o mojor nogotivg roputotional
etfect on the charity.
Bosed on the above assessment, the Trustees
hove estimoted thot the level of free reserves
required to mitigate ogainst the identifiable ri8k8
is approximately £2.1m12027-22.. £1.8ml.
With the opproval of the new strotegy that will
begin to be implemented in 2022-23, Trustees
estimate that unrestricted defi'cit8 in the region
of £2.5m are likely to be incurred over the next
three years as we invest in the new strategy
and establish new strands of work to support
vulnerablè childr8n and families.
We also had a designated Property Investment
Fund thot was established in 2016 to use the
sums invested in property to provide income for
choritoble purposes. This f und was increased in
2020-21 to £1.7m and os of 31st March 2023 has a
volue of £2.2m, rgflecting the unrealised gain on
the underlying ossets.
This gives an estimated total requirement for free
reserves of £4.6m.
At the end of 2017, the Trustees agreed that a
Service Development Fund of £1.5m of reserves
should be designated to directly develop ond
enhance our work with vulneroble children
and families. In the yeor to 31st March 2021
a further transfer of funds from the Property
Investment Fund increased the balance of the
Service Development Fund to £3.7m. The Service
Development Fund hos since seen o reduction of
£0.2m in 2022-23 as these f unds ore being utilized
to support vulnerable children and families, in line
with our new strategy. We anticipate a further
decrease in designated Servic& Devèlopment
The level of free reserves is represented by tho
General Fund which, ot ygar-end, totalled £4.2m
12027-22.. £5.Iml, representing approximotely 13
weeks12021-22.. 14 weeks) of plonned operoting
expenditure. Given the obove foctors, the Trustees
onticipote thot the current level of free reserves
will be suffi'cient to cover the identifioble risk8 and
expected f uture deficits.

GOING CONCERN
With ongoing tensions ot ploy in the macro environment, energy costs, supply chain difficulties
ond inf lation are all factors impocting charity viability in terms of sustainable fi'nances to ensure
charitable objectives ore met. While Spurgeons, reserves ur& strong, we are mindful of the
constraints we work in, 0$ well as the disruptive mocro-environmental trends.
As such, Spurgeons ore investing in the ability to diversify income sources to avgment sustoinability
over the long term os we look to brooden our vitol servic&s. The year ahead will see Spurgeons
segment our fundroising into multiple income streams with a clear focus on key occount
monogement at every18vel. These segmented groups include church, corporote, mojor ond mid-
level donors. Our guiding principles for our fundraising will be relotionally led whilst being informed
to maximise our potential.
The Trustèes havè reviewed th6 balance of liquidity Versus fixed asset8, os well as a rolling two-yeor
cashflow alongside the free reserves required to mitigote potentiol risk, and the investment reqvired
to implement our long-term plans for diversification. As o result of our work, and the strength of our
reserves and value of our assets, we Confidently ossert thot we ore in a good linanciol position ond
that the charity s accounts con be prepared on the going concern bosis.
17

FU
RATION
Most of our income comes
from contracts with the public
sector. Funding from Socal
government remoins our main
source of funding. Our strategy
of engaging with state and
church in delivering services
will allow us cost etliciencies
which, coupled with our focus
on strong outcomes from our
delivery, we believe will see our
fundraising potential increase
in 2023-24.
Voluntory income is vital
to our identity os the UK'S
leoding Christion fomily
charity supporting vulnfjroble
children and fomilieswho
n&ed our help, regordles8
of bockground or situation.
Partnering with supporters
and lo¢ol communities is
extrem81y important to us and
we seek to grow in this area.
Fundraising has been difficult
due to the cost of living crisis,
and 2021 ond 2022 hoving
been challenging periods for
donation income.
In 2023, new appointments
in our Heod of fundraising,
Philanthropy leod ond reseorch
& engogement leod roles
resulted in the speciolism,
and expertise required to
underwrite the new fundroising
strategy.
SPURGEONS'ACTIVITIES
Spurgeons, fundraising team is
recreotional activities and
grateful for the opportunities
the Young Carers Festivol
to work with funders, churches,
project, The Behind the Walls
and Communities who shore
and Beyond the Gates prison
our vision to care for children
project supporting families was
ond fomilies. Family Hubs ore
funded by Colyer Fergusson,
o key focus for us, and we
and The Lewes Prison Art
appreciate the investment
Project wos mode possible
from Colyer Fergusson for o
with funding from The Crucible
Family Hub in Whitstable. We're
Foundation, Invisible Wolls
alreody seeing on impact as we received continued support
counsel children and support
from The Notionol Lottery
families. Sove the Children
Community Fund and OPCC
funded a porenting project in
for Hompshire. Jerusalem Trust
Margate with o focus on early
and Benefoct invested in our
yeors for fomilies where English journey to moke our support
is on additionol longuage, while avoilable digitolly, with the
Surrey Active Communities
latter generously funding new
supported the Elmbridge
digital resources for our Family
School Holidoys project. Kent
Hubs.
County Council's Early Help ond
Reconnect funding supported
parenting and counselling in
key districts across F<ent,
with both stote ond church
together ond demanding a
hi9her level of infrastructure
from local churche8.
We're thankful for the fvnders
who supported Spurgeons,
services in 2022-23 ond look
forward to sharing our new
strategies, impact stories, and
ovtcomes in the coming year.
We are journeying alongside
the Cinnamon Network to
create new scalable and
replicable ways of growing our
church ond school Family Hubs
model. This woy of working will
ollow us to grow, at pace, using
o low-cost model to partner
BBC Children in Need ond
Awords for All supported
our work with young carers,
providing respite and
18

APPEALS
We received positive
responses from o wid& range
of supporters throughovt the
yeor, porticularly in our direct
moll oppeals that highlighted
different aspects of our work.
Ourchristmas campaign
focused on supporting famili8S
dealing with additional needs
and cost-of-living pressures in
Our 12 dChrl•tma•
our Children's Centres, while our ¢arnpqlgn wos a notable
summer campaign highlighted
success, with over 1,500 people
our work in the West N idlonds
signing up to receive our emoil
helping families who hove fled
seri8s of parenting tips to help
domestic violence. Over Easter,
families navigate Christmos
we shared the work of our
on o tight budget and monage
Young Carers teom.
behovioral challenges and
expectations.
FUNDRAISING REGULATOR
Spurgeons is registered with
the f undraising regulator
ond odheres to thg Code of
Fvndroising Practice in all
ovr policies and procedures.
We ore committed to best
proctice8 ond excellent donor
We prioritise the safety and
core and regularly review
responsible use of personol
our Donotions Policy and data and provide cléar and
Fundraising Promise,
tronsparent communicotion
which are published
about how we use it. We offer
on our w&bsite. Our
individuols o choice in what
Complaints Policy is
they roceive from vs, through
available on our website ond
we received no comploints
related to our f undroising
octivity in the year ending
Morch 2023.
which chann&ls, and how often.
W& olso provide eosy ond
¢18ar ways for people to stop
rec8iving communicotions
from vs. Our GDPR Policy,
which is ovoiloble on our
website, is intended to ensvre
complionce with all porsonal
dota regulotions.
19

RISK MANAGEMENT
Identifying ond octively managing risk is an important part of ensuring that Spurgeons remains
o heolthy ond impoctful charity and ensures that Trustees remain focused on the appropriate
issues os they lead the organisation. This continues to be done at a Board ond senior staff level by
maintaining a Risk Register that identifies the key organisotionol risks.
The Risk Register is co-owned by our Board of Trustees and the Chief Executive. It follows the
good practice format set out by the Charity Commission, which includes clority regording current
mitigations, key actions, who these octions ore ossigned to, ond o risk score thot is reloted to a
RAG-roting (Red, Amb@r, Greenl. Eoch of our Board's committees hos responsibility for monitoring
how we are monoging risks relevont to their remit. Their considerotion is then reported to the full
Boord.
Summaryof kay rl8k$ forthe¢horltyar•'.
Risk
Mitigations
R•dv¢tl•n In Inv•m• If r•blddlng l•r
o•mmlMlon•d o•ntra•t• l•vn•u¢¢•••fvl,
Rgvi•w Sorvico dalivary modol to on•vrg ¢o•t
•ff•otlv•n•••, •ffi¢l•n¢y and Impact.
Work c1080ly with commi88ion•r• and portn•r8, an$urlng
w• dolivor th? high•ot quality of 8orvl¢o• to children and
famlllo8.
En8ura wa oro proporod and have th• ¢opa¢lty to
prlorlt180 roblddlng Sn the organlsatlon.
Dovolopgd o ¢1gor 8tratogl¢ road map (th•
organi•otional bu•lne•$ plan), Doilgn•d an
organl•otlonal $¢¢ro¢ard of our key target•.
Aligned the organisational 8tructure to •upport th
8trategy. Prepared a financial budgatand foroca$tto
support th• 8trat•gy.
Set asido d08ignat•d r•8•rv•• and 08g•t$ r•ody to fund
the Strategy.
Standards ond Outcom•• Commltt•• to r•vSow
safeguarding and Hoalth & Safaty porforman¢• o¢ro••
all glt•$ gvgryquartgr.
Poor rovlgw of 8afaguardlng Incldant8 and laarnlng
review8 where oppropriate.
Rigorou8 safeguarding policie8 and practic& In ploca
acr08S the whole organi8ation including ossential
training for all staff on Safeguarding vuln•rable adults
and children.
Fall¥r•l• Impl•m•nt•ur n•w•trat•gy
o•mpr•h•n•lv•ly.
Br•a•h ￿0¥r•al•quardlnq or H•alth
& $4f•ty •tand•rd•and proe•dur••
pvttlng th••hlldY•n and fqmlll••w•
w•rkwlth at rl•lL
Proctico Improvemont Manager who support8
8afeguarding good practice acro88 project• and
services.
Work with a Health & Safoty externtsl eon8ultant to
improve our pro¢edure8 and policieB.
En$uroall new arèa8 of workand n•w8ltO8 meettho
roqulr¢d Hoalth & Sufaty Jtandard$.
20

Risk
Mitigations
Inqblllty to d•llv•r hlgh quallty or k•y
r¥1￿$ d¥•t••taff attrltl•n Mt•
Implement staff devolopmont programmos With
internal promotion opportuniti¢$ and enhanced training
opportunities.
Develop contingency plan8 for bujin￿l ¢ontinulty.
Revl•w flexiblo working opportunitie8 and gtaff
wellbeing package8.
Ongoing poy ond r•ward8 rovlows to ensure pay ond
roword8 are ¢ompetitive.
Look for opportuniti08 to diver8ify our incom•.
D?v•lop partnor8hlp8 and n•twork8 that align to ovr
•trat•gy.
Launch u n•w brand •tratogy wlth u cloor USP.
Inv08t In a cl•or fundral$lng $tratogy wSth a ￿MPO111ng
a8k.
Un•qtl•factoryfundral•lng r•turn•
•ornpar•d t••uv tqry•ts.
D•velop clearfundraiging KPl$ and impacttarg•t• a•
partof ourorgani8ational 8coro¢ord.
Rocrult a Head of Fundraising to driv• a now •trat•9y.
Revlow our CRM Sy•tom and 8VPPOrter •ngaggm•nt
and rotontion approach.
Appointment of new Chalr and Tru8t••• wlth IMpro￿d
onboarding and training.
Govornonc• r•vl•w to be Impl•m•nt•d, In¢ludlng
r•viewing Term8 of Referonc•, Tru•t•• •klll• and rolo•
and sub-committee 8tructur•.
Fallvr•t• m••t ourobllgatlon• In
r••p•rt •f ¢•mpllanM. r•gul4t•ry
r•qulr•m•nt* •rg*)•d gOV•rnan￿.
R•gvlotory r•qvirement8 r•9ularly rovlgwod In all our
•èrvico8.
Flnan¢l41 and data Int•grltyfr•m
èyb•Mrlm•.
Hold Cyber E88ontlal8 Accroditotlon.
MandatoryGDPR and data proto¢tion tralnlng.
R•gulor roviow of IT 8yBtemB, control• and fir•wall8.
Annual rovlew of cyber In8uranc?.

OUR COMMITMENTTO GOOD GOVERNANC
Spurgeons is a registered charity (registered number 10811821 and a company limited by guarantee
registered in England (registered number 39904601. Spurgeons is governed by a Board of Trustees
who ore also oppointed as company members for their term of offi'ce. The Board has a maximum
of 12 members who must oll profess a Christian faith as set out in Spurgeons, statement of faith,
In October 2022, the Board of Trust&es passed a resolution to increase the maximum number of
Trustees from 12 to 13 to ensure robust governance during a time of growth and change, as the
organisation implements its new strategy.
Our Articles of Association, lost reviewed and updoted in 2017, set out how we org governed. We
are committed to meeting the stondords set out in the Chority Governonce Code os port of our
commitment to maintoining high stondords of leadership ond work.
Trustèes ara appointed for a three-year term of offi'ce and can be re-elected for one further three-
year term. Reeruitment of Trustees follows our Safer Recruitment Policy and our Equality and
Diversity Policy, and, where oppropriate, we are cleor about any speciolist skills or experience we ore
seeking to lill.
New Trustees receive on induction that includes an overview of Spurgeons, work and activities. All
Trustees receive training to enable them to fullill their rol8, including the completion of five essentiol
courses to ensure they are ¢ompliant.
The Boord of Trustees meets four times a yeor bosed on o quorterly cycle, including one two-day
residential meeting towords the end of the calendor yeor. Additional meetings of the Trustees
can occur when there is o need to considor a specific item of business thot hos orisen between
meetings. Trustees will olso recoive regulor vpdotes from the Chief Executive ond ore sent key
documents thot moy not be included in Boord meetings but moy contain helpfvl or importont
information that allows them to carry out their work effectively.
Flnan¢• C•mmltt••
Over8ee6 011 financial aspects. including sotting and managing th•
Internal financial control8, budgot 80tting, managomant against
budget, and investment policy oppraisal.
R•mun•ratlon and Tru8t•e R•vl•w8 th• romun•rutlon packag• of tho Chlof Exocutlv• and Sonlor
R•crultm•nt Commlttoe
Executlvo8 and18 re8pon$lblo for trust0• focfultmont.
Standard• & Outcom
CommlttO0
Examlno and revlewlng all •y•tem8 and method8 of Safoguardlng.
Knowlodg? ond Sklll8 {tralnlng}. and Houlth and Safety managomont..
en8urlng th• ¢horlty18 Compliant with all 08p•¢t8 of the low. r•levont
regvlation$ and good practice In relation to service beneficiorie8.
Thè Chief Executive Officer acts as the Company Secretary.
Spurgeons prioritises the safety of it8 Stoff and clients we have a Health and Safety panel and a
Sofeguarding panel which meet every three months with all senior operational leaders, and their
outcomes and actions are reviewed by the Stondards and Outcomes Committee.
22

The Board is responsible for Spurgeons, governonce and it shapes and ogrees our vision, mission,
val(Jes ond strotegy. Trustees ore encovroged to pray and reflect deeply on the spiritual os well as
sociol ond economic aspects of their work.
The Boord has committed to benchmorking its own performance against the Chority Governonce
Code that is widely r6cognised as the sector best practice standard. External reviews of our
governance orrongem&nts ond practice ar& carried out at regular intervals, the last being in
November ond December 2020.
Day-to-day managem&nt of ths charity is delegated to the Chief Executive, who in turn delegates
management of specific projects to members of the Senior Leodership Teom ISLTI and their
r&porting lines who heod different departments. Strotegy is drofted by the Chief Executive with the
wider leadership team, after consultation and resgorch with gpecilic gtokeholders and the Trvstees.
The Board approves the strategy and delegotes responsibility for implementing it to the Chief
Execvtive ond his teom.
Each year the Board reviews and approves a Delegoted Authority Fromework that sets out key
oreos of decision-moking ond where occountobility and responsibility for it rests. This is set within a
biblicol fromework of principles obout how ond why we delegat& lor why we do not, in some cosesl
authority and responsibility to different grade8 Wlthin our stafrling structures.
During the year, membership of the Senior Leadership ISLTI consisted of the Chief Executive,
Director of Commissioned Services, Director of Non-commissioned Services, Director of Finonce,
IT ond Corporote Services ond o Director of Fundraising ond on extended SLT team including the
roles of Head of People ond Culture, Head of Communications and Digital, and Head of Strotegic
Progrommes ond Governonce.
We also recruited a new Chair of Trustees and welcomed three new Trustees in December 2022,
further strengthening our Board.
23

Members of the SLT hav& their remuneration reviewed onnually by the Remuneration Committee
who make a pay recommendotion to the Boord for opprovol. Solories of oll other employees are
subject to on annual incremental increase up to the top of o solory bond for eoch role, and on
odditionol discretionary cost of living increose bosed on the local government Notionol Joint
Council INJCI poy award that requir&s Board approval. Given the cost of living pressuros in 2022, we
brought forward part of the cost of living poy award, in odvonce of the NJC decision to help support
staff.
Our Remunerotion Policy is published on our website. It includes a torget that no employee is paid
less thon the reol living wage and the principle that the Chief Executivs's salary is no more than
live times the median full-time equivalent within the charity. The Remuneration Policy is published
alongside our annuol Gender Pay Gop Report. We are encourag8d that our gender pay gap has
r&duced between 2021 to 2022 ond thot our 2022 gender pay gop is below tho 2022 national
m&dian gender pay gop.
Trustees do not receive any remuneration for,their service but ore compensated for any expenses
incurred in undertaking Spurgeons, business,
The Truste8 Indemnity policy covers the legol liability of frvstees in relation to claims ogainst them
for ony octuol or alleged act, error or omission committed or ottempted by thfjm orising from the
performonce of thot person's duties Solely in their capacity as a Trustee.
ARFQWPFPAIRTJN
In harmony with our dedicotion to legislative compliance and upholding our Christian values, we
mointain o steadfast commitmgnt to ochieving moximum energy fjfliciency and reducing our
environmental impact. This unwavering dedicotion is evident in our doily operotional choices,
ranging from the implementation of energy-efficient lighting to thg utilisation of foirtrade products.
We have successfully gothered doto on electricity ond gos consumption across 12 sites, comprising
nine Children's Centreg, one Young Corer Service, on office setting in Kent and our heod ofli¢e in
Rushden.
The toble below outlines our total usage ocross the aforementioned sites. It reprgsents o notable
increose Compared to the previous year which can be attributed to the resumption of oll services
lexcluding Rushden Head Office) operating at normal capacity, five days a week. Additionally,
the ovoilobility of more comprehensive information this year, compored to lost yeor's doto, hos
contributed to the increased consumption analysis. It is noteworthy that the previous yeor's doto
was bosed on 11 sites, with gas information only accessibl& for 9 sites, whereas this yeor we hove
expanded our doto Collection to encomposs 12 sites.
Energy consumption
April 2022 - March 2023 Ikwhl
Electricity
472204 kwh
Gos
212152 kwh
Total Energy Consumption
684356 kwh
24

To provide a comprehensive breakdown, electricity usoge occovnted for 472204 kWh1472.204 Mwhl
across 12 sites, while gas consumption reached 212152 kWh1212.152 Mwhl. Unsurprisingly, the energy
consumption is primarily concentrated within the lorge children's centr& which operates daily ond
attracts a high footfall. Conversely, our head oflice exhibits o relotively modest &nsrgy usage, with
an onticipated total electricity charge of 12837 kwh bosed on previovs quorterly fi'gures and 20631
of gas. The average electricity consumption for the children's centre is 21,723 kwh and in relation to
gas is 48,716 kwh. Currently, we are unoble to provide energy Usage reports in 17 sites. These sites
consist of seven children centres, three fomily centres, one young carers office, two prison services
bas8d within prison sites (where utilities ore monaged by the prison so usoge information is not
provided and we are not rechorged for the costs), two pre-schools where we ore recharged by the
landlord, one shared office building where the utility usage information is not accessible to us and
lastly a specialist service in Faringdon where the utility information is managed by the landlord and
not shored or rechorged to us. The remaining site not yet mentioned is our head oflice orchive and
storage focility where the utilities are included in the rent.
We recognise the progress mode in our commitment to environmentol rosponsibility and it is our
eornest objective to continue monitoring and optimising our energy consvmption ocross all sites.
By aligning with our core principles and adhering to legislative requirements, we oim to make
f urther strides in reducing our environmental impact and through collective efforts we will ensure
sustoinable practic&s ore ingroined within Spurgeons.
Spurgeons is governed by o Boord of Trustees who ore also directors of the chority for the purposes
of company low. The Trugtees are respongible for preparing the annuol report ond the linonciol
statements in accordance with applicoble law and United Kingdom Accounting Stondards (UK
Gen&rolly Accepted Accounting Practice). Company law requires the trvstee8 to prepare h'nan¢ial
statements for each finonciol yeor that give a true ond foir view of the state of affairs of the
charitable company and of the incoming resources ond opplicotion of resources, including the
income ond expenditure, of the charitablg compony for that period. In preparing those fi'nonciol
stotements, the Trustees ore required to..
Select suitable accounting policies ond then apply them consistently.
Observe the methods ond principles in the Chorities, SORP.
Make judgements and estimates thot are reasonablg and prudent,
Stote whether opplicoble UK occounting sta ndards, subject to any materiol dfjportures.
Disclos&d and 8xplain&d in the financial statements, havg been followed.
Prepore the financial statements on the going concern bosis unles8 It's inappropriate to
presume that the choritable company will continue in business.
The trustees ore responsible for keeping proper accounting records that disclose, with reasonoble
occurocy ot ony time, the fi'nonciol position of the charitable company and to enable them to
ensure the linancial statements comply with the Companies Act 2006. They are olso responsible for
sofeguording the ossets of the choritoble company and hence for taking reasonable steps for the
prev&ntion ond detection of f raud ond other irregularities.
So for as each of the trustees is aware at the time the report is opproved..
There is no relevant audit informotion of which the choritable company's Auditors are
25

unaware.
Th& Trustees hove token all the steps thot they ought to have taken in order to make
themselves aware of ony relevant audit information and to establish that the Auditors are
aware of that informotion.
The Trustees have considered the Chority Commission guidance on public benefit in deciding what
activities to undertake. This report contoins on explanation of the significant activities undertaken
during the year to carry out the Charity's aims for the public benelit, ond also the achievements
meosured ogainst the objectives set by the Trustees.
Hoysmacintyre was re-appointed os Auditors during the yeor ond hos expressed its willingness to
continue in ofrFi¢e as Auditor.
The Trustees, Annual R6port, including the Strotegic Report, has been signed on bgholf of the Boord
of Trustees by Mike Rebeiro on 17 October 2023.
Mlko R•b•lro
Trustee
26

INDEPENDENT AUDITOR'S
REPORT

OPINION
We have audited the tinonciol stotements of Spurgeons for the year ended 31 March 2023 which
comprise the Stotement of Finonciol Activities, Balonce Sheet, Stotement of Cosh Flows and
notes to the financial stotements, including o summory of signifi.cont occovnting policies. The
linancial reporting framework that has been applied in their preporation is applicable law ond
United Kingdom Accounting Standords, including Financial Reporting Standard 102 The Financial
Reporting Standord applicoble in the UK and Republic of Ireland (United Kingdom Generally
Accepted Accounting Practice).
In our opinion, the financial statements..
give o trve ond fair view of the state of the charitable company's affairs as at 31 March 2023
ond of the choritable company's net mov8ment in funds, including the income and expenditure,
for the year then ended.,
hove be6n properly prepared in accordance with United Kingdom G&n&rally Accepted
Accounting Èroctice., ond
hove been prepored in occordonce with the reqviromonts of thg Companies Act 2006.
BASIS FOR OPINION
We condvcted our oudit in accordance with International Standards on Auditing IUKI IISAS IUKII
and opplicoble law, Qur responsibilities under those standards are further describsd in the Auditor's
responsibilities for the oudit of the finoncial statements section of ovr report. We are independent
of the charity in occordonce with the ethicol roquiroments thot are relgvant to our audit of the
linancial stotements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other
ethicol responsibilities in occordonce with these requirements. We believs that the audit evidence
we have obtained is sufficient and oppropriate to provido o bosis for ovr opinion.
CONCLUSIONS RELATINGTO GOING CONCERN
In ouditing thg linaneial statements, we have concluded thot the Tru8tee8' Use of the going concern
basis of accovnting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties reloting
to events or conditions that, individually or collectively, may cast signilicant doubt on the charitable
company's obility to continue as a going concern for a period of at least twelve months from when
the linancial Stotements org outhorised for issue.
Our responsibilities ond the responsibilities of the Trustees with respect to going concern are
described in the'rolovont sections of this report.

OTHER INFORMATION
The Trustees ore responsible for the other information. The other information comprises the
informotion inclvded in the Trustees, Annuol Report and the Chair's statement. Our opinion on the
h'nancial stotements does not cover the other information and, except to the extent otherwise
explicitly stot&d in our report, we do not express any form of assuronce conclusion thereon.
In connection with our audit of the linancial statements, our responsibility is to reod the other
information and, in doing so, cornsider whether the other information is mot&rially inconsistent
with the financial stotements or our knowledge obtained in the audit or otherwi8& appears
to bo mot&rially misstoted. If we identify such material inconsistencies or opporent material
misstotem8nts, we are required to determine whether there is o moteriol misstotem&nt in the
financial statements or a material misstatement of the other informotion. If, based on the work we
hava performed, w8 conclude that there is a material misstatement of this other information, we ore
requir8d to report that fact. We have nothing to report in this regord.
OPINIONS ON OTHER MArrERS PRESCRIBED BYTHE
COMPANIESACT 2006
In our opinion, based on the work undertoken in the Course of the audit..
the informotion given in the Truste&s' Annuol Report (which includes the strotegic report and thg
directors, report prepared for the purposos of compony lawl for the linancial year for which the
financial statemènts are preparèd is consistgnt with the financial statements., and
the strotegic réport and the directors, report inclvded within the Trustees, Annual Report hove
been proparod in occordonce with opplicoble legal requirements.
MArrERS ON WHICH WEARE REQUIREDTO REPORT BY
EXCEPTION
In the light of the knowledge ond vnderstondirng of the charitoble compony ond its environment
obtained in the course of the audit, we have not identified materiol misstotements in the Trustees,
Annual Report (which incorporates the strategic report and the directors, report).
We hove nothing to report irn respect of the following motters in relation to which the Companies
Act 2006 requires us to report to yov if, in ovr opinion..
adequote accounting records hove not been kept by tha charitable company,. or
the choritoble compony linonciol stotements are not in ogreement with the accounting records
and returns,. or
certain disclosures of Trustees, remuneration speeilied by law are not mode,. or
we have not received all the information and explanations we require for our oudit.

RESPONSIBILITIES OFTRUSTEES FOR THE FINANCIAL
STATEMENTS
As explained more f ully in the Trustees, responsibilities statement set out on page 2S, the Trustees
(who are also the directors of the Charitable compony for the purposes of company lawl are
responsible for the preporation of the finonciol statements ond for being satisfied that they give o
true and fair view, ond for such internol control os the Trustees determine is necessary to enoble the
preporation of linancial statements thot are free from materiol misstatement, whether due to f roud
or error,
In preporing the frnancial statements, the Trustees are responsible for ossessing the choritoble
compony's obility to continue os a going concern, disclosing, as applicable, motters reloted to
going concern and using th& going concern bosis of accounting unless the Trustees either intend to
liquidote the choritable company or to cease operations, or hove no rsalistic alternative but to do
80.
AUDITOR'S RESPONSIBILITIES FOR THEAUDITOFTHE
FINANCIALSTATEMENTS
Our objectlV9s Qrfj to obtain raosonable ossuronce about whether the financial statements as a
whole are free from moteriol misstatement, whether due to fraud or error, and to issue an Auditor's
report that includes our opinion. Reasonable assurance is a high level of aysurance, but is not o
guarantee thot on audit conducted in occordance with ISAS IUKI will always d8tect o material
misstot&ment when it exists. Misstotements con orise f rom frovd or error and are consider8d
moterial if, individually or in the oggregate, they could reosonobly be expected to inf Iven¢o the
economic decisions of users token on thg bosis of thoso finonciol stotoments.
Irregularities, including froud, ore instonces of non-complioncg with lows ond regulotions. We
design procedvros in line with our responsibilities, outlined above, to detect moteriol misstatements
in respect of irregulorities, inclvding froud. The oxtent to which our procedures are capoble of
det8Cting irregularities, including fraud is detoilod below.
Bosed on our understonding of the choritable compony and the environment in which it operotes,
we idontified that the principal risks of non-compliance with laws and regulotions reloted to chority
ond company law opplicabl& in England and Wales, and we considered the extent to which non-
complionce might have a material eff ect on the h'nanciol statements. We also considered those
laws and regvlotions that have a direct impact on the preporation of the financial statements such
as the Companies Act 2006 and the Charities Act 2011.
We evoluoted monogement's inc8ntiv&s and opportunities for fraudulent manipulation of the
financial stotements (including the risk of override of controls) and determined that the principal
risks were related to revenue recognition, in particular in relation to the risk of improper journals
being posted to revenue, and management override of controls. Audit procedures performed by the
engagement teom included..
30

Inspectirng correspondence with regulators.
Discussions with monogement including consideration of known or suspected instances of non-
complianc& with lows and regulotion ond fraud,.
Reviewing the controls and procedures of the charity relevant to the preparation of the financial
stotements,.
Evoluating monogemfjnt's controls designed to prevent and detect irregularities,.
Identifying and testing journals, in particular journal entries posted with unusual account
combinotions, postings by unusuol users or with unusuol d&scriptions, and
Chollenging ossumptions ond judgements made by management in their critical occounting
estimates.
Because of the inherent limitations of an audit, there is o risk thot we will not detect 911 irregulorities,
including those leading to a moterial misstatement in the linonciol statements or non-complianc8
with regulotion, This risk increoses the more thot compliance with o low or regulotion iy removed
from the events and tronsoctions reflacted in the fi'noncial stotements, os we will be less likely to
become aware of instances of non-complionco. The risk is olso greater regarding irregularities
occvrring due to fraud rothgr thon error, os froud involves intentional concealment, forg&ry,
collusion, omission or misrepresentation,
A further description of our responsibilities for the audit of the linonciol statements is located on the
Finoncial Reporting Council's website at,, www.frc.org.uk/auditorsr8sponsibilitios. This description
forms part of our Auditor's report.
USE OFOUR REPORT
This report is made solely to the charitable compony's members, os o body, in occordance with
Chopter 3 of Part 16 of the Componies Act 2006. Our oudit work hos been undertoken so that we
might stote to the charitable compony's members those matters we ore required to stote to them
in on Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not
accept or ossume rosponsibility to onyone other thon the charitable compony and the choritoble
compony's members, os o body, for our oudit work, for this report, or for the opinions wa have
formed.
Lee Stokes (Senior Stotutory Auditor)
For ond on beholf of..
Hoysmocintyre LLP, Statvtory Auditors
10 Queen Street Ploce,
London EC4R 1AG
Date..
21 November 2023
31

FINANCIAL STATEMENTS
STATEMENTOF FINANCIALACTIVITIES FOR THEYEAR ENDED
31 MARCH 2023
2023
2022
Uni•Btrkt•¢ A••trlet•d
Fund
Fund
Totol
Fund
Unr•*trlct•d
FundD
R•Btrlct•d
Fundi
Total
Fundi
roon.:
rooo's
roDn's
F.DOa':
Incomè fr(>m'.
Donatlon8 & l•qacl•i
Dtsnatloni
L•9QCI••
JS4
232
795
1,147
232
20
47P
P79
1245
Inv••tm•nt•'.
R•ntgl Sn¢om•
Int•r••t
Divld•nd•
Js
1S6
120
122
uo
27P
126
122
24J
Charltobh actlvbti•B'.
Amount* r•c•lv•d toward• th•
#upport vf ¢hlldr•n, youfig p•opI•
and fornlll••
1,089
9.$46
10,655
IJOS
Y4V75
Oth•r Incom•
Fvnd* r•¢•lv•d On o¢qultsltlan ot
F•gan8
Fund• r•¢•lv•d on o¢qul•ltkon of DL
Moody Trv•t
Oth•r inGpm•
Total Inoom•
18
470
24
502
18
42$
40
10,414
46
11405
2,049
P24
YO,2J5
Exp•ndltvr• on..
Fvndral•lng, mork•tln15 & promotlon
450
In¥••tm•nt prop•rtyeo•t•
150
87
IJ4
Charltabl• octlvkl••
Svpport of ¢hI￿r•n, yuung p•opl• I
2.Sé6
13,707
9,207
IZ21J
Total •xpendltUT•
3,166
14,307
J,48Y
P,JY4
12,7PS
N•t l•xp•ndltvr•lllncom• b•ltsr•
n•t ooln¥llloi••*l on Inv•itm•nt4
17271
11,8441
P21
N•t Ilo•M8119ain• en In￿stM•￿t￿
1821
985
PJ
p70
Net Income oftor not Iks0•8llgainv
#n inW•tm•nt
17271
11.9201
t420
P14
2,540
Tron•f•ri b•tw••n fund•
15
147
ft47J
Gtsins oh r•valuOtion of flx•d ai••ti
203
20J
N•t mov•mont In fund•
(7281
11.9261
7,776
707
Total fund• brought forword ot 1st
13￿15
9,240
22,8S9
447P
20,JYO
Total fundè crirrl•d torward ut 31st
Morch
12,414
8.519
20.933
9.24
22.859
All of the obovo results relate to continuing octivities. Included within the restricted funds column
are endowment funds with o balance as at 31st March 2023 of £511,000 12021-22.. £511,000).
Movements on endowment funds ore shown in Note 13. The notes on pages 35 to 50 form port of
these linancial statements.
32

BALANCE SHEET ASAT31 MARCH 2023
2023
£OOO's
2022
£ODO's
Notes
Fixed a888t8
Tangible fixed a16èts
Intangible fixed osset8
Invo8tment8
Total fixed 0¥8èt$
381
101
11,202
11,684
395
39
lJ.811
14.245
Currant a688t•
Stock
D8btor&
Investment8
Ca8h ot bank and in hond
Totol ¢urront 0•g•t•
10
12
763
71S
2,550
4921
9.521.
10,482
Liabili(188
Croditor8.. Amounts folling du8 Wlthin ono yoor
11
11,2331
{oosJ
N•t current 068et8
9,249
8.610
Total net a88et&
22,859
Th• fund• of th• Charlty
Endowmont fund8
Ra8tricted lund6
D.J. Thomo6 fund
UK prolact8 fund
Totol ra&tricttd fund&
13a
13
511
511
4.73S
3,273
8,519
4,7J5
4,000
P.240
D861gnotod funda
Generol fund¥
Total unro8tricted fundB
130
13a
8,429
3,985
12,414
5,119
lJ,OlJ
TOTAL FUNDS
20,933
22,859
The D.J. Thomas fund includes a revaluation reserve of £2,648,00012027-22.. £2,048,OOQI.
Designated funds include o revaluation reserve of £1,795,00012027-22,. £4,795,000).
***
General funds include a revaluation reserve for investment property of £2,388,00012021-22..
£2,263.0001.
Approved by the Board of Trustegs and authorised for issue on 17 October 2023 and signed on its
behalf by..
Colin Jones
Trustee
33

STATEMENTOFCASH FLOWSASAT
31 MARCH 2023
2023
£OOO'$
2022
£OOO'$
Note8
CaBh flowN from oparoting octivities..
Not ¢u8h Iu8ad inllprovidod by operating u¢tiviti••
(Not• Al
{1.5991
fto)
Catsh flow$ from Inv88tSng octivitio•'.
Rental income
Intar88t and dividondB
Ipvrchts#alldi8po801 of capital equipment
Additions ot cost.. common inv•Btm•rtt fvnd•
Di8p0901 proceed8.' common invg#tmant fund*
Di6PO8al of curr•nt o•$•t Invéitment
IR•tain8dllca8h u80d in common lund•
Net ca8h provided by invejting OCtivltla$
IS6
27¢
248
1841
{3331
2,167
2,5&0
67
254
{21)
70)
1,540
Chonga In oa8h ond ca6h •quivalont$ In th• y•or
Ca¥h tsnd eosh equivalant8 at beginning of tho yoar
3,083
5,921
PT/
4,P44
Ca•h und ¢o•h •quSvalant8 at the and ot the y8or
INot• Bl
9.004
S.P21
Not• A
2023
£OOO'$
2022
£OOO'$
R•eonelllotSon of not Sncomo to not ca•hflow•
Net calh luBed inllprovid•d by op•rotlng JetSvltS01
N•t Ineome
In¢0m¢ from oequlsltion of Fegane
In¢om¢ from acquisition of DL Moody
1,844
4J7
S02
425
18
18
Adju8tment8 for..
Inv•atm•nt8 tron6f•rred to Spvrgeon•
Fixed a86ets tronsferred to Spurg•on8
Dopro¢lOtlon ¢hargats
Dividend8, intorgBt & rent$ from inv8$tm•nta
DecreaBfrllin¢r•o••1 in *toek
Decr8ts8*1lincrea8el in debtor8
Incrao8alldocr80881 in cr8df(or
1408)
{97)
18
34
14041
(53JJ
280
328
(244)
(204)
N•t ¢o*h lu$•d inl / provided by operating activitie8
1,S99
oo
Not¥ B
At 1 April
2022
£OOO's
Non-cogh
Chtsnge$
£ooo'
Co8hllow
eooo's
At 1 April
2023
£OOO's
Analysis of chon9è$ in nèt funds
Cash at bank and in hand
Notice deposit¥ Il•$ty th(Jn J Month81
4790
1,125
5, 927
4,208
1,125
3,083
9,004
9,004

NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR
ENDED 31 MARCH 2023
1,ACCOUNTING POLICIES
a) General information
Spurgeons is a charitable company limited by guarontee incorporated in Englond ond Wales
(Company number 39904601 and registered with the Charity Commission Icharity Registration
number 10811821. The charity's registered office oddress is 74 Wellingborough Road, Rushden.
Northamptonshire NN10 9TY.
b) Ba818 of preparatlon
The financial statements have been prepared under the historical cost convention, as modified
by the revaluation of fi'xed asset investments which are carried at fair value, and in accordonce
with the Statement of Recommended Practice for Charities ISORP- Second Edition effective 1st
January 20191, applicoble accounting standords IFRS 1021 and the Companios Act 2006.
The charitable company meets the delinition of a pvblic benefit entity under FRSI02.
c) Going concern
The Trustees consider that there ore no materiol uncertointies regording the charitoble company's
obility to continuo as a going concern. In making this ossessment, the Trustees have also considered
the impoct of the new strategy and designated fund investments. Toking each of these factors
into account the Trustees considor thot there are sufficient funds and clarity to our mission to
ensure thot we will remoin o going concern for ot lea8t 12 months from the date of opproving these
fi'nancial statements.
d) Ineome
Income is recognis&d when the charity has entitlement to tho funds, ony performance conditions
ottoched to the itgmlsl of incomg have been met, it is proboble thot the income will be received,
ond the amount can be measured reliably.
Dividends, collections ond oppeols are crodited to the Stotement of Financial Activities as rgceived.
Interest, rents ond omounts receivoble from local authoritie8 towards the support of the children,
young people ond fomilies ore credited to the Statement of Financial Activities on an accruals
basis.
For legocies, entitlement is token as the &arlier of the date of notification thot o distribution will be
made and when a distribution is received from an estat,e.
Goods ond services donoted for the chority's own use ore recognised in th& Statement of Finonciol
Activities ot the valve to the charity os both income ond expenditure.
•) Expendituro
Expenditure is accounted for on an accruals basis. Irrecoverable VAT is included within the expense
items to which it relates.
Direct expenditure on charitable activities includes oll costs directly reloting to delivering the
chority's principal activities in supporting children, young peopl& and families.
35

Support costs consist of cèntral manogement, odministrotion and governonce costs ond are
ollocated entirely to expenditur& on charitoble activities as d8toil8d in Note 5 to the occounts. We
have reallocated unrestricted costs to restricted to more occurotely reflect the f ull cost of delivering
our services.
Governance Costs represent direct and indirect costs incurred in relation to strategic management
ond compliance with constitutional and statutory requirements.
fj Tanglble flxed a88et8
Tangible fixed ossets ore stoted at cost lor deemed costl less accvmuloted depreciation and
accumulated impairment losses. The minimum omount for the capitalisation of ossets is £2,000.
Assets purchosed for projects f unded by local authorities are expensed upon purchase rather than
d8pr8ciating over the life of the project. Depreciotion is provided on oll tangible assets, other thon
freehold land, to write off the cost, less estimotgd residuol vo1ue of eoch osset over its expectgd
useful life on a straight-line bosil. The estimoted useful lives ore os follows..
Fr••hold bulldlng
- 2% p•rannvmonco8t
Flxtuv••and flttln9•
Comput•r•qu5pm•nt
- 12.S% p•ronnvmon¢o•t
-35￿￿P•rannUrn on colt
g) Intanglbl• flxed a88Ot•
Intangible assets are held at cost less accurnuloted amortisation and occumulated impairment
10gse8. Amortisation is calculoted on a stroight-ling bosis to write off the cost ovor thoir 8XPeCtgd
useful economic lives being five yeors.
h) Fixed asset invo8trnont8
Quotad invastments or& valued ot market price ot the bolonce sheet date. Investment properties
whose fair value con be meosured reliobly ore measured at fair volue, The svrplvs or delicit on
rèvaluation is recognised in the Statement of Financiol Activities.
The morkoting (Jnd sale of two residential prop&rtie8 is underwoy as at balance sheet date and has
bgon updated to r&fl8Ct as Current Assets.
Pension bonds are amounts required to be get aside under contractual arrangements in respect of
locol government p8nsion schemes and ar& measured at cost.
Goins ond lossos on disposal ond revaluation of investments are charged or credited to the
Statement of Finonciol Activitiès.
l) Current a$$et Inve8tment8
The morketing ond solo of two residential properties is under way and expected to be concluded
and the proceeds reflgcted in the 2023-24 Annual Accounting Period. The Trustees have taken the
decision to reclossify these properties to Current Assets Held for Sale in the Annual Accounts to 31
March 2023,. further disclosure is provided in Note 12.
j) Stocks
Stocks consist of goods held for resole, volued ot the lower of cost and net reolisoble volue.

k) Financial instrument8- assets and liabilitie8
Cash and cash eqvivalent8
Cash ond cash equivalents include cash in hand, deposits held ot bonks, other short-term highly
liquid investments with original maturities of three months or less ond bonk overdrafts. Bank
overdrafts, when applicable, ore shown within current liobilities.
Debtors and creditors
Debtors and creditors with no stated interest rates are recorded ot transaction price and
subsequently meosured at amortised cost. Any losses orising from impairment are recognised in the
Statement of Financial Activities.
l} Employoo benefit8
The chority provides o rangg of benefits to employees including paid holiday orrongements and
defined benefi't,and defined contribution pension plans.
Short-term benefits
Short-term b&n&h'ts, including holidays and other similar non-mongtary benefits, are recognised as
on expense in the p&riod in which the s8rvice is received.
D&finad contribvtion pan8ion plon8
The charity contribut8S to a Group Personol Pension Plon for employees. The employer contributions
ronge between and 790 of gross pay dopgnding upon the level of employee contribution.
Contributions are further enhanced by a solory socrifice arrongement through which the employer
poys into the employee's pension fund 109¢> of the 13.8°/o employer's N I saving on the salary sacrificed.
In complionce with the outo enrolment requirements, the charity contributes to a seporote section of
the Group Personol Pension Plon for those employees not wishing to join the enhanced scheme, at an
additional rate of 10/0. No 801ory 80crifrce option is available.
The contributions are recognised os on expense when they fall due. The assets of the pension plans
are held separately from the chority in independently odministerod funds. The chority's total Group
Pèrsonol Pension Plan contribution for the yèar wos £442,5771£380,034 in 20221.
Locol Government Pension Schemes (LGPS)
The charity also has some stafF who have beon tronsferred into the organisotion via TUPE transfer
ond ore members of local government pension schemes. Under th& terms of the associated contract
orrongemgnts the chority is responsible for moking good any pension delicits thot arise during
th& period of the controcts. As the contributions payoble are estimated on a fully funded bosis,
contributions to the schemes ore included within the Statement of Financiol Activitlgs on on accruols
basis as incurred.
m) Fund8
Fund bolances yre split between unrestricted Igenerol ond designotgdl, restricted ond endowment
funds.
Permanent Endowmgnt Fundg, being composed of a fund which is treoted as being permonently
endowed in occordonce with on agreement with the Charity Commission.
Restri¢tod Fund$ ore to be used for specified purposes as laid down by the donor.
Unrestricted General Fund¥ ore funds which can be used in accordance with the choritoble objects
of the charity at the discretion of the Trustees.
Unrestricted Designated Funds are funds which have been set aside for a purpose specified by the
Trustees as explained in Note 13 to the fi.nancial stotements.
37

n} Operating leases
Rentols incvrred under operating18ases are charged to the Statement of Financiol Activities on a
straight-line bosis over the period of the lease.
2.CRITICALACCOUNTING ESTIMATESANDJUDGEMENTS
In preparing these financial stotements, management has madejudgements, estimates ond
ossumptions thot affect the application of the charity's accounting policies and the reported as8ets,
liabilities, income ond expenditure and the disclosures mode in the h'nanciol statements. Estimates
ond judgements ore Continually evaluated ond ar& bas8d on historical experience and other factor8,
including expectations of future events that are believed to be reasonable under the circumstances.
Key areas subject to judgement and estimotion ore os fo11ows'.
Donation8, grants and l•ga¢lo8
Donations and gronts are r8cogni8ed when the charity ha8 confirmotion of both the omovnt ond
settlement date. In the event of donations pledged but not received, the omount is occrugd for
where the receipt is considered proboble. Where the donation or grant is subject to conditions thot
require o level of p8rformanc8 before the chority is entitled to the funds, the income is deferred ond
not recognised until either those conditions ore fully met, or the fulfilment of th088 condition8 is
wholly within th8 control of the charity and it 19 probable that thoge conditions will be fulfilled in the
reporting period.
Legocies ore included in the Stat8ment of Financial Activities when probate is granted, the charity
is entitled to the legocy ond the executors have 8Stablish8d there ara surplus assets in the estate to
pay the legacy, and ony conditions attached to the legacy are within the control of the charity.
Local authorltyfundlng
Local authority funding is recognised in occordonco with the invoicing schèdul6, specified in thè
contract between Spurgeons and the locol outhority.
Investment property
The charity meosures its investment properties ot foir volve in occordonce with FRS 102. A full
professional valuation of the investment property portfolio was commissioned in the yeor, resulting
in on increasè in the overall property valuations of £140,00212027-22.. £885,000),
Provl$lons for dllapidation work8 to l•a8•d proport108
Nonogement review and provid& for potential dilapidotions in respect of properties where th8
leose includes on obligation to restore the pr&mises to the condition they were in when the lease
WOS ontored into. Management r&views such provisions on on annuol bosis ond updotes them in
accordance with historical experience and events that might moteriolly impact on the potentiol
costs to the chority. At the balance sheet date, the total amounts accrued within creditors was
£95,64212027-22. £87,764).
Investment in¢omo
Interest on f unds held on deposit is included when receivable and the amount can be measured
reliably by the chority. Dividends ore recognised once the dividend has been declared and
notification hos been received of the dividend due.
In occordance with th8 Chorities SORP FRS 102, volunteer time is not recognised.
38

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR
ENDED 31 MARCH 2023
3.ANALYSIS OFAMOUNTS RECEIVED TOWARDSTHE SUPPORT OFCHILDREN &YOUNG
PEOPLE & FAMILIESYEAR ENDED 51 MARCH 2023
Unrestri¢ted
Fund8
£000'8
Re¥tri¢tod
Funds
£OOO'i
2023
Total
£OOO'a
2022
Totol
£ooo'.
Fees and oth•r prolaet Ineam•
catèrlno
Stotutory sector
Local authorltlol
190
178
196
386
178
9J
721
B,847
9,568
NOMS
Total
503
S03
802
1,089
9,546
10,63S
70,973
ANALYSIS OFAMOUNTS RECEIVEDTOWARDS THE SUPPORTOF CHILDREN &YOUNQ
PEOPLE & FAMILIESYEAR ENDED 31 MARCH 2022
Unre9tricted
Fund8
£000'8
Rostrictod
Fvnd•
£000'8
2022
Total
£OOO'•
2021
Total
£000'9
F•a& ond oth•r prolact Incom•
Catering
Statutory 86Ctor
Local authorlt4•1
NOMS
501
93
258
5S9
93
J41
07
1,750
155
7,703
707
g.S49
B02
9.912
8Jg
Totgl
2,305
8,668
10,973
39

NOTESTOTHE FINANCIALSTATEMENTS FOR THEYEAR
ENDED 31 MARCH 2023 (Continued)
4.ANALYSIS OFAMOUNTS EXPENDED IN THE SUPPORTOFCHILDREN.YOUNG PEOPLEAND
FAMILIES YEAR ENDED 31 MARCH 2023
Unrestrlctod
Fund8
£OOO's
Re8trict*d
Fund8
£OOO's
2023
Total
£OOO's
2022
Total
£000'5
Type of proje¢t
ChildrenB ¢ontr••
Chlldren and younq poople afFectod by
impriBonmont
Family 8UPPOrt
Youth communlty & yovnq cargr¥
Total
1,710
9,655
11,305
P,423
303
481
727
1,030
720
592
1,199
ppo
239
72
S20
2,560
11,141
13,707
12.213
ANALYSIS OFAMOUNTS EXPENDED IN THE SUPPORTOF CHILDREN, YOUNG PEOPLE AND
FAMILIESYEAR ENDED 31 MARCH 2022
Unrestricted
Fund$
£000'8
Restri¢ted
Fund8
É000'6
2022
Total
£OOO'B
2021
Total
ÉOOO'•
Typ• of proj•ct
Childr8n8 C8ntr85
Chlldren & youno p•opl• aff•ct•d by
Impribonmgnt
Family $upport
Youth community & young caror•
Total
2,087
7,536
9.423
9.433
237
sos
117
2.946
962
491
478
9,267
1,199
996
595
12,213
1,085
873
598
11,989
5.TOTAL EXPENDITUREYEAR ENDED 31 MARCH 2023
Staff Co8t8
(Not¥ 61
£OOO's
Other
Cost8
£OOO's
2023
Total
£OOO's
D&pr¢clotlon
£OOO's
Expénditure on r0i8ing lund8
Fundraising, mork¥tlng & promotion
Investment property ¢o$ts
Charituble •xp¥ndituro
Project costs
Total
202
188
150
450
150
10,483
10,745
34
3,190
3,528
13,707
14,307
34

NOTESTOTHE FINANCIALSTATEMENTS FOR THEYEAR
ENDED 31 MARCH 2023 (Continued)
5. (Continued) TOTAL EXPENDITURE YEAR ENDED 31 MARCH 2022
Sttsff
CoBt8
(Not¥ 61
ÉOOO'S
Othar
Co8t8
£000'5
2022
Totol
£OOO's
Dvprg¢ktSon
£OOO's
Exponditure on rai8ing fund•
Fundrtsijing, markètlnè & pramotlan
InveBtment proporty co$t8
Charitable expendituro
Prol•et costs
Total
290
158
448
134
134
9,640
9,930
2,565
2,857
12,214
12,79
NEf MOVEMENTIN FUNDS
2023
£ooo'.
34
pp
34
2022
£ooo'.
Th• n•t mov•m•nt sn fund• l• •tat•d aft•r ¢horqlng'.
Depreclot5on
Op•ratlng loo•• r•ntol* bulldlno•
Operotin9 l•aJ• rentalg Oth•r
Aud5tor• r•mun•rotlon Iinoludin9 VATI- oudlt
98
4J
SUPPORT COSTS
2023
£000'8
700
03
785
S72
2022
£000'8
529
120
70
Op•rational manag•m•nt
Bu8in8&8 d8v8lopm•nt
FSnonce, IT & ¢orporotg 9grvic8$
Human rg8ourc86 & peopla d8volopm8nt
Govèrnance
Oth•r c•ntral •upport and odmSnS•tratlon
288
157
OJ
51
1,721
195
2,472
Organisational support costs are charged in line with controct agreement and deliverables. Both
recovered and unrecovered support costs ore included entirely within the onolysis of amounts ex-
pended in the support of children, young people ond families detoiled in Note 4 above.
GOVERNANCE COSTS
2023
£ooo'
2022
£OOO'$
Avdit
Tru8ta88' 8Mpeng08
Other costs
35
73
Recruitmtrnt
Prtsfèssionol indemnicy in8uronce
38
157
OJ
41

NOTESTOTHE FINANCIALSTATEMENTS FOR THEYEAR
ENDED 31 MARCH 2023 (Continued)
6. STAFF COSTS
2023
£OOO'&
2022
£OOO's
Wooe• ond &altsri•8
Soclol sacurity CO8t8
Pension cost$
9,117
787
559
283
8,727
opo
siJ
Oth•r
10.745
p.pJo
EMPLOYEE EMOLUMENTS OVER £60,000
2023
£ooo's
2022
£ooo's
Employe88 continuing In 8ervico'.
£60.001 to £70,000
£70,001 to £BO,000
£80,001 to £90,000
£90,001 to £100,000
All of the employees belonged to the chority's group personal pension plon throughout the year.
Employer contributions in accordonce with Note 1 to the occounts for the obove employees were
£41,31112021-22.. £34,0951.
The Key Nanogement personnel for the organisotion eonsists of the Trustees and six members of
the senior leodership teom. The total emoluments in the year, including gross solary, employers
pension contribution ond bonelits in kind, were £277,43612027-22.. £252,777).
The averoge number of employees lincluding cosual workers) in the year was 40012027-22., 337). The
average number of f ull-time equivalent employees (including cosuol workers) in the year was 290
12027-22 . 3061 The charity poid £37,828 in redundancy and terminotion payments during th& year
12027-22 .. £29,109).
ANALYSIS OF FULL TIME EQUIVALENT EMPLOYEES
2023
FTE
2022
FTE
Central deportments and regionol offi¢0
Projects and 88rvice8
52
238
290
37
269
J06
Avgrtsg• •ul¢ry ¢o•t
£31,440
£28,520

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR
ENDED 31 MARCH 2023 (Continued)
7. TANGIBLE FIXED ASSETS
Comput¢r
Equipment
Fixtures &
Fitting8
£OOO's
Permanent
Endowmont
Freehold
Property
£ooo',
Froèhold
Pioperty
£000'8
Total
ÉOOO'S
C08tlvoluotion
At 1 April 2022
Disposal$
Rovolvotion8
A8 at 31 Mureh 2023
187
1191
185
300
672
1191
108
185
300
653
Aeeumulatod depreciation
At l April 2022
Charge for the year
Di8PO8al8
A8 at 31 Mgrch 2023
182
97
279
12
19
272
19
165
101
Net book value
A8 o 31 March 2023
84
294
381
At 1 Aprll 2022
88
300
393
The carrying value of the f reehold property is deemed cost 08 previously adopted under Charities
SORP FRS 102. All tangible lixed assets ore used for charitable purposes.
8. INTANGIBLE FIXEDASSETS
ComputÈT
Softwar*
£000'8
Cost
At 1 Aprll 2022
Addition?
135
84
A8 at 31 Mor¢h 2023
219
Accumulated dèpr8ciation
At 1 April 2022
Chorge lor the year
A8 Qt 31 March 2023
90
22
118
N8t book valvè
At 31 March 2023
101
At 1 April 2022
39

NOTESTOTHE FINANCIALSTATEMENTS FOR THEYEAR
ENDED 31 MARCH 2023 (Continued)
9. FIXED ASSEfs INVESTMENTS
2023
É000'8
2022
£OOO's
Anoly$l$ of Snvastments by cla8&
UK Common Inv88tm8nt fund8
Investment PTOP¥rtie$
Noti¢• d8po8St8 IL868 than 3 Montho)
Tètol inv&8tm&nt8
420J
O,P45
0,370
11,202
13,811
2023
£OOO'B
2022
£ooo'
Movement in morkat volutr ol Snv08tmant8
Markot valu• o• ot 1 April 2022
Addition8 at co¥t,' ¢ommon 5nve8tment fund&
Addltlon• from tha acqul•ition of OL Moody Tru•t
Di8PO8al proc•*d$.' cammon Investment fund&
Cash r•toin¥d In ¢ommon funds
** Reclo8•lfi¢otlon to ¢urr8nt a8B•t 5nve•tmont8
* Rèvolvutlon Inv08tmant proporty
Revaluation Common Inve•tment fund•
Mork•t volu• o• ot 31 March 2023
13,811
333
15.SJ8
970
12,1671
67
17151
140
267
11.202
ft,540)
R550)
885
91
13.811
Historic coet of comrnon inv•¥tm¢nt fund8
Historic coot of inv••tm•nt prop•rtlo•
3,539
389
5,539
J89
Valuotiong of investment properties were carried out by Paul Goodsir, 8Sc l Honsl MRICS os at 31st
March 2023.
IncSudes revaluation gain of £140,002 in 2022-23.
In 2022-23, the morketing ond sole of two residentiol properties was undorway but had not
reoched exchange of controcts by 31st March 2023, The Trvstees took the decision to reclassify
these properties to Current Assets Held For Solg in the Annual Accounts to 31st march 2023. Further
detoils are disclosed in Note 12 Current Asset Invostments.
10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
£000'5
2022
£OOO's
Trade dobtor$
Pr•poymant8 & accrued Incom•
Other debtor8
Total
132
631
222
817
763
1.043

NOTESTOTHE FINANCIALSTATEMENTS FOR THEYEAR
ENDED 31 MARCH 2023 (Continued)
11. CREDITORS: AMOUNTS FALLING DUEWITHIN ONEYEAR
2023
£000'8
2022
£ooo'.
Trade crodltor8
Accruo18 and d•forr•d Sneom•
Taxotion & 80cioI #*curity
P•n8lon contributlon•
Oth•r croditorB
Total
243
679
505
171
749
116 IIIIWJ 217
24
18
1.233
pos
io
In 2022-23. the pension contribution included £284,000 related to the Elmbridge contract pen-
sion. This wos poid to the Surrey County Council in 2023-24.
12. INVESTMENTS HELD FOR SALE
2023
È000'5
2022
£OOO's
Inv••tm•nt prop•rty
ns
n5
2.550
In 2022-23, the Trustees took the decision to reclo88ify two additionol proporties to Current Assets
Held For Sale. In 2021-22 two properties were reclassified to Current Assets Held For Sale and subse-
qvently sold at the start of this linanciol year.

NOTESTOTHE FINANCIALSTATEMENTS FOR THEYEAR
ENDED 31 MARCH 2023 (Continued)
13. FUNDS
a) MOVEMENT IN FUNDS FOR THE YEAR ENDED MARCH 2023
BolaD¢•
In¢om
Exynditur•
Gainil
TrtsnilpTk
£QOOs
Ac9vSilllon6
£00￿•
ot31
Morch
2023
£00￿1
2022
£oeo8
£ow'
£QQO•
R•#trlct•d fundi
FovndatloTh tru8t-
P•rman•nt
•ndowm•nt
425
O Moody p•rman•nt
•hdawm•nt
425
1421
UK proj•cti
Oa, Thorn¥•
10,414
3,2n
47JS
4735
Acqulihlon of F•qani
Ji
P240
Unr•itrl#t•d fun4•
D•ii9not•d furndi
Strot•9iC Inv•itm•nt
fvnd
Prpp•rtylNv••tm•nt
2014
2,614
1180
196
2,J65
S•rv14• d•v•lopm•nt
fvnd
250
260
8,429
G•n•ral fund•
G•n•rol fvnd•
1049
1267]
260
3,98S
A¢4ui*ititsn of F•gan•
R•valuotlon r•i•N•
Total uni•itriCt•d
J,106
82
250
Totol lundi
2Z,8S¢
12,401
14,30é
82
20,953

NOTESTOTHE FINANCIALSTATEMENTS FOR THEYEAR
ENDED 31 MARCH 2023 (Continued)
b) MOVEMENT IN FUNDS FOR THEYEAR ENDED MARCH 2022
lon¢tr
In¥vtrn•nt
Qo5n•l
Balonc• ot
31 Mortth
2022
£OOO'i
InGomo
£0005
Exp•ndityr•
£ooo'
Tronof•rÈ
£ooo'
A¢qul#Stitsn•
£OOO'o
2021
£OOO'i
£000
R••irlctèd fvnd
Fovndotlon tlult-
P•¢manont
•ndowrntrnt
A¢4ul•ltlon Df DL
Movdy wrman•nt
•rtdowffl•nt
92
IB
(Ji
18,9671
141
pi
426
413
UK pioj•¢ti
5.660
9.423
1147)
5,96•
O.J Th¢)m4•
A¢•uiBition of
F•gtsni
4727
152
4735
223
24
449
D••ignot•d Ivndi
C•ntrol Offl4•
d•v•lopm•rtt Ivnd
Prop•rty
Inwitm•nt luhd
S•rvic• Irv•itm•nt
luhd
2.614
2,014
1.710
410
2,100
3,700
700
410
G•n•ro1 fuTrd•
&•n•r¢l lynd•
A¢qvl•ltlonol
F•p¢n•
R•¥oluatbn
r•••r¥•
&76S
2,7Pe
,7221
673
4.559
65B
47J
377
20
203
,481
575
147
$¢1
Totol fundi
20.316
13.232
12.79S
1,730
22,8Gg
47

NOTESTOTHE FINANCIALSTATEMENTS FOR THEYEAR
ENDED 31 MARCH 2023 (Continued)
13. FUNDS (CONTINUED)
il The foundotion trust is o permonent
iv) The assets of the D.J. Thomas Fund can be
endowment vested in the chority's registered
used in occordance with the objects of the
office freehold property in Rushden, which is held chority, to provide ond focilitate the provision
in the unincorporated chority, Spurgeons Child
of the edvcation, mointenance and support
Core. A uniting direction approved by the Chority of children ond young odults, who hove not
Commission in 2005 led to Spurgeons Child Core ottoined th6 oge of 25 years ond who, in the
being incorporoted into Spurg&on8.
opinion of the Trustees, are in need of fi"noncial
08SiStance.
ill The chority, known os the D L Moody Trust,
was administered by the trustee, Fegans, in
vl The strategic investment fund replaced the
accordonce with the Scheme of the Charity
previously positioned Centrol Offi'ce Fund,
Commissioners doted 27 August 1980. The
originally designated by the Trustees in 2014-
trustae, Fegons, wos ocqvired by Spurggons
15 for the developmant of o lorgar heod otlice
Children's Charityon the 30 June 2021, As port
space. Following the implementation of remote
of the ocquisition, ond under guidance set out
working, the fund is no longer necessory. The
by the Charity Commission, Spurgeons has now
Strategic Investment Fund is positioned to
becom8 the trustee of the chority known os the
meet the nogds of strategic growth in terms of
DL Moody Trust. The capital of the trust is held
voluntary incomo diversification and avgmonted
in a permanent &ndowment fund. The trustee
inf rostructure, The current fund valuo is
con opply the clear income of the Trust for either £2,614,000.
or both of the following purposes amongst the
inhobitonts of the London Boroughs of Croydon,
Lombeth, Morton, Sutton and Wandsworth..
vil The property investment f und wos designoted
for the provision of income for the long-term
benefit of children and young people from 8um8
invested in proporty.
For tho odvoncement of the Christian faith.
For the odvoncement of education.
vill The service development fund is designated
iiil UK Projects Funding hos been given for a
for the provision of work thot is new to
porticular project, and any reloted expenditure,
Spurgeons that compliments existing projects or
ho8 been recorded in restricted funds the year. develops partnerships in new areas of work.
Tronsfers in the year represent the following
viiil General funds represent the free funds of the
Charity which are not designated for particular
purposes.
The meeting of net delicits from generol
funds on restricted funded projects which are
not receoverable from future funding.
The movement of restricted fvndgd project
surpluses to generol funds where either the
projects hove &nded or no further contractuol
liabilities exist.

NOTESTOTHE FINANCIALSTATEMENTS FOR THEYEAR
ENDED 31 MARCH 2023 (Continued)
c)ANALYSIS OFASSETS BETWEEN FUNDSAS 31 MARCH 2023
Tangible
Fixèd ABEetg
eooo.
Intongibl
Fixad A$eot$
£ooo'.
Ngt Current
A88et8
É000'5
Investment•
Totol
£OOO'¥
eooo,.
Unro8tiictèd fund•
Unr••trlet•d fund¥ from
acqui¥ition cf F•gan
R8vtslutslion of lix•d uts••t
R••trict•d fund8- UK
projects
Re•trict•d fynd•- D.J,
Th9ma8
295
6,509
6,711
12h14
5,275
3,273
4,470
10,779
205
9.249
4,735
20,422
293
101
Foundtstlon tru•t
P•rmon•nt •ndowrn•nt
Totol
88
381
423
11,202
101
9,249
20.933
d) ANALYSIS OFASSETS BETWEEN FUNDSAS 31 MARCH 2022
langiblo
Flx•d •*iotB
£000'3
Intongitslo
Fixed A¥MtB
eooo,
InvgBtniont•
£ooo'
N•t Cvrr•nt
Total
£000'4
ÉOOO'*
1.496
280
Unrg•tri¢tod fund8
Unr•*trlct8d fund$ from
g¢qu5$ltion of FooonB
R•voluation of fix•d ts86Ot
Ro•trict•d fund¥- UK
prcj•ct•
R6etri¢tod fvnd¥- D,J.
Thcmag
R•lltrict•d fvndl from
o¢qui•ition of Fogan•
39
11,493
13.033
97
57F
203
205
3,969
3,969
4,470
26S
4,735
31
31
Jos
39
15,903
6,041
22,348
Fovndotion tru•t
P•rrnanont •ndowm•nt
Perrnanont •ndowm8nt DL
Moody
Total
88
88
598
25
423
393
39
16,361
6,066
22,859
49

NOTESTOTHE FINANCIALSTATEMENTS FOR THEYEAR
ENDED 31 MARCH 2023 (Continued)
14. TRANSACTIONS WITH TRUSTEES
During the year the charity reimbursed expenses of £2,83612027-22.. £1,267) incurred by four
Trustees12021-22., five Trustees) in travelling to meetings and visiting projects. None of the Trustees
hove bgen paid any remuneration or received any other benefits from employment with the chority
or o related entity.
15. RELATED PARTY TRANSACTIONS
There were no related party tronsoctions in the current or previous year.
16.TAXATION
Spurg&ons is exempt from income tox and corporation tox on income and gains derived from
its charitable activities os these octivities foll within various exemptions availoblg to register8d
chorities.
17. OPERATING LEASE COMMITMENTS
2025
Property
£OOO'$
2023
Equipment
£ooo'
2022
Prop&rty
£ooo'
2022
Equipm•nt
£000'8
Mlnlmum r•ntol• follln9 du•.,
Not Igt•r thgn on• y•or
L(stor than on• year, nct lot•r thon S y•ori
Lgtgr thon 5 y•ari
00
96
16
172
io
104
26
18
174
J2
2023
2025
Residentigl
IT8non¢yl
£000'5
2022
ommorciol
2022
Reoidontiol
(Tononeyl
È000'5
Cornmerciol
ILeae81
eooo's
ILeog•1
£OOO's
Minirnum rental8 folling due..
Not later thtsn on• y•or
Lotèr thon ono yaor, not later thon S y8ar•
Lotor than S yoor8
26
100
33
48
J22
281
126
81
427
38P
18. ACQUISITION OF FEGANSAND DL MOODYTRUST
In fvnancial year 2021-22, the 088ets ond liabilities of Fegons and DL Noody Trust were tronsferrgd
to Spurgeons and ref lected as other income in the Statement of Financial Activities, as well as
within each asset class in the Balance Sheet.
50

SPECIALACKNOWLEDGEMENTS
We would like to ocknowledge the charitoble trusts, foundations and funders who have supported
our work over this year, and of course those who wish to remain ononymous. Their contribution to
our work is volued enormously ond we couldn't do what we do without it..
The Notionol Lottery Community Fund, Reaching Communities - Grant received for our Invisible
Walls project.. £99,51012027-22.. £740,775).
The Naurice and Hilda Charitable Trust - Grant received for our Invisible Wolls project.. £10,000
12021-22.. £10,000)
Department of Health and Sociol Care,. VCSE Heolth ond Wellbeing Fund - Gront received for
our Birmingham Forword Steps Perinatal Mental Health Project.. £8,141.
BBC Children in Need Gront recoived for Birminghom and Wolverhampton Young Corers..
£10,000,
OPCC for Hampshire - Funding towards Invisible Walls.. £15,000.
National Lottery, Awards for All - Fvnding for Young Carers Festivol.. £9,720.
Surrey Active Communities - Funding for Elmbridge Playschemes.. £12,150.
Colyer Fergusson Charitable Trust - Grant towards o Family Hub in Whitstoble,. £15,00012027-22..
£15,000).
Trusthouse Charitable Foundation
£33,000).
Funded Family Hvb svpport in Ramsgate,, £33,00012021-22..
Kent CoLJnty Council Aworded Reconnect gronts for counselling & parenting svpport in Swale,
Sevenoaks, Tunbridge Wells and Maidstone districts totalling.. £23,500.
Jerusalem Trust - Grant received for supporting church hubs.. £25,00012027-22,. £25,000).
Benefoet - Grant roceiv&d through Brightgr Livos fund towards porenting support.. £10,000.
Sove the Children
Fvnding oworded for Our Space project in Margoto.. £24,000.
Colyer Fergvsson Choritable Trust - Grant received from their Rehabilitotion fund to support
Behind the Walls and 8eyond the Gate work in Kent,. £40.000.
Benefact Grant received from their Transformotionol Gront programme towards Digitol
Resources and Support for Family Hubs.. £130,000.
Sevenooks Community Fund - Grant received towards Early Bird porenting awarded.. £2,500.
Warren Meadows Trust - Grant received towards Eorly Yeors ond Early Bird resources.. £1,500.
lueberry Wellbging - Grant oworded for porenting support work.. £15,000.
51

REFERENCE AND ADMINISTRATIVE DETAILS
TRUSTEESAND DIRECTORS
Alison Collins
ChristopherJomas
Standards and Outcomes Committee
Remvnerotion and Trustee Recruitment
Committee
Finance Committea
Finance Committeo
Colin Jonos
David Buchan
Elijah Kirby
Jennifor Emery
Appointed 13 July 2023
Appointed 6 October 2022
Ramuneration and Trustee Recruitmont
Committee
Remuneration and Trustee Recruitment
Committee
Linda Emery
Appointed 6 October 2022
Mlchaol Rebeiro
Chair of Trustee8 appointed 6
O¢tober 2022
Michelle Br188att
Nlcola Raynor
Philip Green
Safron Ro8•
Sarah Powley
Finance Commlttee
Standards and Outeomè8 Commlttèè
Stondards and Outcomes Committee
Resigned effective 6 October 2022
Interim Chair of Trustees untll 6
October 2022
Re8lgned effectiv013 July 2023
Appointed 6 October 2022
Flnance Commlttee
Sian Wrang1è8
Timothy Elwell-
Standard8 and Outcom88 Committèe
52

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lon thrs- Chi8fExecutw8Officer
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20April 20221
LorraineWhice- Directorofcommi8sion￿I Servi￿$
Annelize Mynhordt- Directorof FinanTr, ITarKI
rote Services (from11 July20221
Caroline Greer- Directorof FundraisirKJ and Transforma-
tion (from 25July2022 until 28 Febrwry20231
Don Esson- Directuof Partnershipsand De￿lopment
(from 31 Cktober20221
Lloyds Bonk PLC
82 Movnt Pleasant Road,
TunbridgeWellsTN11RP
Goc￿S1rcornMerCIa1
9-10 DoYningoStre<
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Registered Office
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74well1ng￿rcYJgh Road
Rushden
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Anthony Cdlins &Jicitors LLP
134 Edmund Street
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Wilson Brow
Kettering Porkwoy&xJth,
Kettering, NN15 6WN
H0￿mO¢1ntyre LLP
10 Queen Street Flaee,
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Rathton&Greènbank Investment f4amgement
8 Fl￿bUryClrcuS
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Crowe Financial F4annirrfJ UK Limited
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53