2023-03-31-accounts

Registergd numbgr. 03719101 Charty number,. 1084124 COMMUNITY FOSTER CARE (A company limlted by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

COMMUNITY FOSTER CARE (A company limited by guarnnleel CONTENTS Page Reference and administrative details of the Company, Its Twstees and advlsers Chaiff s stalement Trustees. report Independenl audltor's report on the flnanclal ststements statemenl of financial activili8S 4-13 14-17 Balance sheet 19 Statement of ¢ash flows 20 Notes to the financial sLthenls 21-38

COMMUNITY FOSTER CARE IA company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADMseRS FOR THEYEAR ENDED 31 MARCH 2023 Trustees J ￿ight, Chair, as of July 2022 M Straton J Jansen C VV8de S Malone Mcox J Comerford (appointed 31 Marth 20221 Company registered number 03719101 Charlty reglstsred number 1084124 Registered office and principal addrnss Unit & 76 Kingsholm Road, Gloucester. Glouceslershire, GL13BD Company seGretsry J L￿light Chief executive off1r￿r M lfjngston Reglstsred manager E Weaver Senior leade￿hIP team M lQng8ton E Weaver SHart D VVhitson-Jone3 Indepèndent auditor Crowe U.K. LLP, Fourth Floor. St James House. St James, Square, Chellenham, GL50 3PR Banker5 Natwesl, 2nd Floor, The Quadrangle. The Promenade, Cheltenham, Glouceslershire, GL50 1 PX Page 1

COMMUNITY FOSTER CARE IA company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS ICONTINUEDI FOR THEYEAR ENDED 31 MARCH 2023 SoliGitor5 BPE, St James. House, St James, Square, Chehenham, Gloucestershire, GL50 3PR Page 2

COMMUNITY FOSTER CARE (A company limited by guaranleel CHAIR'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2023 During this year the rise In the cost of living had a consideT8ble effect on the finances of Community Foster Ca￿. The board of trustees believe in investing in our Stsff and Foster Carers and so made strategic decisions to instigate payments to these groups to rniligate the effects of the challenging times. This resulted in a slight loss maknng year and we forecast another small loss in 2023-2024. These decisions to invest in people have been taken the knowledge of healthy reserve5 and a solid marketing strategy. The effects of the Covid pandemic were still appaient duiing the year ￿th Community Foster Care striving to assist wth the mental Heath of Young People, Stsff and Carers. We have been assisted in this by an amazing team of psy¢hotherapists who have enabled us to further develop our Therapeutic Fostering approach. Thi approach has contributed lo fantastic Stabil￿ ratings, meaning that Young People in our care experienced setued, loving environments and thus increased their life chances. l am proud that our Board of Trustees has pur8ued the core value of putting our Young People at the heart of all we do. This has been possible due to the great leadership and drive of our C.E.O and the Senior Leadership team, along with our committed and talented staff team. However, without our dedicated carers nothing would be possible and so l expTess my heartfelt thanks for the amazing work that they carry out each and every day. Name". Jennle ￿ght Chair of the Board of Directors and Trustee5 Date.. S IILIES Page 3

COMMUNITY FOSTER CARE (A company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2023 The Trustee8 present thelr report and audlted flnandal ststements for the year ended 31st March 2023. The Board of TNstees Jennie l)w9M (Chairl Joanna Jansen (Trustee) Mariana Straton (Trusteel Charfes Wade (Trustee) Slephenie Malone (Twstsèl Mary Cox ITrusteel Jane Comerford (Trusteel Structure. Gov•rnan¢e and Management Governin Document The organisalion is a ¢harttable company limlted by guarantee, incorporated on 24 February 1999 {reglstratlon number 03719101) and registered as a Charity on 15 December 2000 (Charty number 1064124). The Charity was established under a Memorandum of Associalion, a5 arnended by Special Resolutions dated 25 November 2009, 1 February 2012, and 30 May 2012, which established the objectives and powers of the charitable company and is governed under its Articles of Association. On the 30 July 2018 these aTts'cles were extended to incorporate the work undertaken by Community Faffiily Care and to enable this work to be continued by Community Foster Cafe. Recruitment and ointment of Tru51ees The Directors of the Charity are also Trustees lor the purposes of Charity law. During the year (July 2022) Jennie Lknght was appointsd Chair, taknng over frorn Chartes Wade, who remains a trustee. The board continues to be made up of seven TTUStee$. In addition to Ihe Trustees there are tsvo Foster Carer$ Inon-votingl who regularly attend the Board meetings. One trom the service in the north and one from the service in the SOLrth. Their role is primarily to represent the views of the foster carer8. AJI of the Charitys work focuses upon children, young people and their families and the Board of Trustees has sought to ensure that the needs ofthis group are appropriately reflected on the Board. For example, we have Trustees with professional backgrounds in family law, education, fostering, compliance. and employment law. The Board is afv4ay8 seeking to ensure it has the apprq)riate skill sets rèquired to fvrther develop the Charity. Communty Foster Care en6uTes that any new Trustee is selected and re¢ruited safely in line with expeded practice and regulations. Page 4

COMMUNITY FOSTER CARE IA company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 rainin AJI Trusloe$ are required to undertske an induclion, along wth prospedive Trustees, to familiarise themselves th all aspects ofthe Charity and the context within which it operates. We ensure Trustees are provided ￿1th information regarding: The obligations of Trustees (rules of engagement) The main documents which set out the opwational framework for the Charity includng the Memorandum and Articles and the Fostering SeNice {Englandl Regulations 2011 The Charty's business strategy. The Trustees & SLT continue to operate within the Scheme of Delegation Ihat was revised ￿ 20-21 year. This Scheme of Delegation set out Terms of Reference for three subgroups, each of which Teport lo the Trustees. Each of these groups has responsibility for, and Consideration of tsvo areas of the organisab'on's strategy. The three Sub-Groups are.. The Fostering Quality Assurance Group Promoting Good Outcomes, People & Safeguarding Group Finance and Resources GTOUP Each of these groups and the Board of Trustees meet three times a year. Therefore, there is formal board involvement with the chafity on a monthly basis. There is also provision for an extraordinary TTUStee's meeting to be called if it is required. There were no extraor(*nary Trustees meetings held in the period. is The organisation continue$ to embed Risk Register vthich is now a live and active part of the organisations conversation. Regular reviews of the Risk Register have been embedded in the organisations governan¢e structure and is a standing item on the agenda of each subgroup wth each subgroup taking ownership of appropriate identified risks. A log of any change lo the risk register is recorded with justification. The Chartys pdicies are regularly reviewed in light of new guidance andlor legislation received from the Govemment. CFC strives for excellence in all its work and is committed to ensuring the approprSale regulations are adhered to which protect the children INing with our families, the Foster Carers, the 8taff team and the Board of Trustees. Furthermore, the organisation works Tri.X to ensure policies are reviewed eyterna51y to ensure they are held to the highest 8tsndaTd and in line with ¢hanges in legslation or recommended best practice. A key Tisk area is the reduction of income from our foster placements. Significant work has been taknng place lo itigate this risk, including enhanced finanoal procedures, a recruitment strategy, ensuring purchasers meet additional ongoing costs identifted within placements and rtsutlne robust financial monitoring. Community Foster Care continue$ to comply wlh GDPR and eng8ge8 vAth the ICO regularly to ensure its guidance is up to date, all staff are appropriatety trained and any data breaches or near misses are reported appropriately. The organisation commissioned a gap analysis of its compliance ￿th GDPR legislation ￿1¢h identified some areas of improvement. An action plan ig being developed to implement these changes. The health and safety of employees Is con8tanUy under review and procedures are in place to ensure compliance wth the health and safety of staff, volunteers, Foster Carers and visitois. The health and $afety of children and Foster Carers is given the highest priority and the govemance for this is dictaled under the Fostering Service (England) Regulations 2011. Page 5

COMMUNITY FOSTER CARE (A company limited by guaranleel TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 nisa nal Community Foster Care has a Board of Trustees whl¢h 5$ responsible for the strategi¢ diieotion of the charity and meets as a fvll Board three times a year. Recruitment of new Trustees is ongoing and continually kept under ievlew by thè Board. The day-to-day responsibilty for the provision of the seNce rests wlh the Chief Executive, who is responsible for ensuring that the tharity delivers the services specifjed and that key performan¢e Indi¢ator$ are met. The Chief Executive is supported by a Senior Leadership Team vthich is made up of a Registered Manager, Service Manager and a Business Development Manager. Salaries for the ￿ole st8ff, including the senior leadershlp team are benchmarkèd agalnst the ￿der maikgt. This work is conducted by the HR officer. This is then reviewed and approved by the board of trustees. The organisation Continues to suc¢essffiJlly operate one Ofsted registration. During the year we were visited by Ofsled IJLJne 20221. The OLrtcome ol the inspection wa8 a good rating in all areas. The inspectlon report can be found here. In particular Ofsted noted that the org8ni8ation 18 w￿kIng well under one registration. The Business Support Team has continued to grow in line wlh the organisation's business plan. The Qfganisation is seeing the beneffit of bringing finance, HR and marketing fvnctions 'in-house'. With each area developing more robust processes. The organisation awarded a cost-of-living Increment and a one off payment (weighted to lower earners) to foster carers and staff in the year. The organisation and CC￿tinueS to monitor the competitiveness of its salaries and undertook a benchmarknng process in year. It concluded that no member of staff was being under paid for their role. Public Benefit and Social Im A significant public beneffil of Community F051er Care is providing opportunities for members of the local community lo foster. Community Foster Carè believes that good foster carers come from all communities and backgrounds. We actively seek carers from all communities to strengthen our ability to meet the diverse needs of the children in the care population. The work Communty Foster Carè undertakes is In line with its Memorandum and of A8sociatlon, the geographical iestriction was amended ir) 2004. The Trustees amended the Memorandum and Article5 of AssoGiation in May 2017 to bring them in line wth recent guidance. The TTU&tees a15D noted in early 2018, that the revised Memorandum and Articles of Association Should bo widened to allow for the wider activitses of our parent charity, Community Family Care lo be undertaken ¥Mthin Community Foster Care. These revision8 were rectified in the spec4aS resolution on Ihe 30 July 2018 by the Trustees. This enabled the Trustees to dissolve the parent charity, Community Farnily Care on [7th May 20191. but the important work of this Charty continues within Cornmunity Foster Care. The Board of Trustees confirms that they have complied wth their duty in Section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Ctsmmission for En￿and and Wales. The soci81 impact of the work of the charty Is deemed sign1ffi¢8nt. Community Foster Care looks after some of the most disadvantaged childien and young people in society. The majorty will have experiencèd some form of abuse and neglect, experienced difficulties With educational attainment and are commonly isolated from their peer group$. Through Ixjr work, we provide security of family life, encouragement and guidance in education and develop self-e8teem to play a more ath.ve and cOnstru￿ve role in society. Pa9e 6

COMMUNITY FOSTER CARE IA company limited by guamntse) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 At the end of Marth 2023, we cared for 43 (2022., 368) children and young people on behalf of Local Authofltles and, during the year 2022-2023, over 6112021-2022., 411 chilttren and young people benefthd from our care. As the organisation develops its fostering model il increases its work with more complex arrangements where young people may need more support than is set out in the specifications set out by Local Authoritiès. This work has led to the organisation achieving a stability rale of over 94Q/o. Over the coming year the organisation will continue to develop this work with in its Therapeutic Fostering model. Fundraising The Charity has no fijndraising activities requiring disdosure under S162A of the Charitie5 Act 2011. Objective5 and Activities The objects ofthe Charity as amendsd on 30 July 2018 are.. OBJECTS 1.1 The ChaTity's objects. re8tri¢ted spe¢i11cally for the public benefft, are= (al To operate a foster care agency in the United Kingdom regarding training and approving Foster Care!8 in particular but not exdusively from social and eoonomically deprived areas. {bl To provide relief to children and young people In need and in particular those in the Gare of. or accommodated by, a local authority by.. lil providing them wth, or otherwise assisting in the provision of, a placement or placements in suitable accommodation and providing them ￿th. or a8SiSting in the provision of, appropriate caTers wth the aim of providing Ihem wilh g stable family life,. and lill providing for their education and establishment in life. Icl To promote and protect the good health of children, young people, adults, and their families o are in need or who ale Socially and economically disadvantaged in any way and in particulaf those who have been in the care of, or accommodated by, a Local Authority by.. lil providing training, support and guidance., lill provi(*ng thern ￿th, or otherwise assisting in the provision of. a placemenl or placements in suilable accommodation and providing them wth, or assisting in the provision of, appropriate carers with the aim of improving family life,. and liiil providing ft)r their education and establishment in life. {dl The relièf of povety Bnd in parti￿lar the a651Stance of children and adults who have as children been in Local Authority care and their families. A key strand of the Community Foster Care approach is to develop longslanolng relationships wth communities often disadvantaged communibes. Potenlial foster carers are targeted from all areas of the community induding socially and economically disadvantaged areas. Community Foster Care's approath has been to develop the skills and social capitsl ¥Mthin these Spe￿fiC neighbourhoods, wilh a view to enabling families within these communities to provide warm stable homes to thildren in need of them. This approach sees our inteNenlions buil(ling the kno￿edge and resource5 wthin these communibes. We have introdu¢ed an innovative approach to the reuuilmenl of foster carers. Page 7

COMMUNITY FOSTER CARE (A Company limited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 Community Foster Care aims to provide: A Commilment to a chlld ￿￿tred approach High qualty f08ter care in a family selting for children and young people Respect for raaal, cumural and religlous backgrounds of all the Children and young people Care for the disability, gender and sexuality of foster Children during the matching proces5 24-hour support for foster carers CareTS who wll respect the children's lights in their homes under the UN Convention on Children's Rights and not administer corporal punishment to any chlld A commitment to the on-going leaming and training of foster carers A commitment to the on-going learning and training of all Placement Support Workers and Social Workers employed by Community Foster Care and all other sUPPOrt stsff. Business Planning After considerable progress on our previous Strategy1201￿2O22), SLT, sUPPOrted by the trustees and wder staff team reviewed and began to implement a new strategy that was based on the success and leaming of the previous one. Our new stratew continues to corisidei Six thread5. These are.. Fostering Better Outcomes Talented Inspired PeoFAe Empowering Efficient Systems Connecting Children wth Familleg Effective Use of Resources Charty Ifiats'lity- Senior Managers have worked closely Ythh the Tru$teè8 to develop this ambitious plan for this period. This strategy has built a firm foundation underpinned by our values and purpose, which were reviewed wth staff, foster carers and children in 2018. Based on a deep understanding of these we have created a plan that further develops our ability to achieve our purpose. Achievements and Perfom)anee during 2022-23 The lable bel¢)w detsils the number of children pla¢ed Nmth our ¢arers at the end of eoch fi$¢al yeoT. Honned breaks and staying ptrt arrangements are not included. Numb•rof Chlldren Ilvlno wlth CFC carers 2016 2017 2018 2019 2020 13 13 17 10 20 31 30 33 31 31 44 48 60 41 61 2014 14 30 44 2015 10 34 44 2021 19 24 43 2022 18 20 38 2023 16 27 43 North South Total The number of Children livlng with CFC families remains consistent. The average over the last 10 years being 44.6. However, the needs of the young people CFC looks after has increased and therefore more resource 1$ nèeded to ensure stakmlity of arrangements. The organisation ensures that additional resource requlred 18 identified and agreed wth purthaseis. Page 8

COMMUNITY FOSTER CARE IA company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THEYEAR ENDED 31 MARCH 2023 Number5 of Fostering Households 2017 2018 2019 2020 11 13 14 16 36 34 37 31 47 47 51 46 2014 2015 16 30 45 201 13 35 48 2021 14 28 42 2022 15 26 41 2023 North South Total 28 37 26 36 The recruitmènt of carers remains a key issue for Communty Foster Care, as it does for all agencies across the county- We continue to invest ￿ a marketing and recruftment officer which has started to Show dividend, Ouf enquiry numbers increasing year on year. Flnandal perlorman¢e as detailed in this report shows the Charty making a defic¥t of £46,832 for the year. This perfr)rmance is in line the budget agrèed by the board pre year. However there was a fvnd for investment budgeted in year. This spend was not realised, however the truslees made a one of payment to all Foster Carers and Staff to help th the Cost of Llvtng cri%is whith was not budgeted atthe beginning of the year. DuTing 202212023 the Charity continued to make use of social media and is continuing to devdop its strategy of online recruitment. Our'organie, following ha$ grown over the year. However, as part of our recruitment strategy we are focusing more heavily on reaching more peoplè may not be aware of Community F08ter Cafe through 'paid forf adVert￿￿ng on Facebook and Google Adwords. Vve have offices in Royal Wootton Basset, LanGaster and Workington meet the need& of our carers in these loealities. A Social Worker and a Placement Support Worker operate from these off ces, which 15 also base for training. As we continue to adopt 8 'one organisation, approach other key roles are based in these offices. Our registered office is Ki Gloucester. Ajthough this office provide5 for the organisations core ftjnctionality, we ale inueasingly distributing fijnctionality across our footprint and using technology to enable su¢Ginct w￿kIng. The organisats'on h88 worked hard to ensure our office spaoes ale used more effectively, by staff, carers and young people. It is still a vital part of Community Foster Care's approach to be embedded In our communty and a$ suth there are no plans to Teduce our office provision. Community Foster Care is committed to providing a range of activities and support lo our children and young people. After 8 challenging year in 2020-2021, engaging young petsple face to face, a lot of work has been putbng this back in place. In the year many activities took place induding successfvl community events, children's activities and the 0￿yS popular summer residential. Our Annual Carer Christmas dinners were held across the organisation. We invited guest speakers and recogni5ed some of our longer serving foster Carers for their commitmenl to the children and young people in their Care. There were also several activities at ChTlStmas for all our children. Community Family Care Our Famity CaTe secliorb has oontinued its work in Ihe followng aTea$: FamilylPlacement Support Wo Support Workers support families through famlly support work at an 'earfy help, level. Main support themes are supporting with morninglevening roub'nes, managlng challenglng beha￿our In the home, and improving parental onffidenoe in implementing parenting strategies. Support Workers are also provtdkng regular support to looked after young people living in our foster families in order to support placement stabilty. Page 9

COMMUNITY FOSTER CARE {A company linlted by guaranteel TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 Art Journal Project Support Workers are currently sUPPOrting young people on a 1..1 or group basis through the Art Journal proje￿. The sessions are eithet being completed at school or in a confidential space wtthin the communty. COMw￿nity Family Care continues to deliver on ￿ block contracts awarded in 18119.. Bradford on Avon Y￿th Sgrvices A 3.5 year contract to deliver a youth $eNice for Bradford on Avon consisting of Centre Based Provlsion Detached work 1..1 work Partiapation This is a conlinuatr'on of an initial contract that ran from 2018-2021. The current contracl runs through until Maroh 2025. Family Group Conferences- North Somerset Famify Group Conference (FGC) service covering North Somerset. The seNSce18unched on 1st January 2019 and CFC is commissioned to provide a minimum of 24 completed FGCS per year. FGCS are an effective t(x)I for sUppO￿ng families to problem Solve for themselves. Refe￿81¥ are reekived from Social Workers ¥tho have identified families.. On the verge of family breakdown. With o Child is at risk of becoming Looked After. Wth a Child needing a Child Protection Plan. Wrth a Child in Pre-Proceeth'ngs. wrth a Child subject to Care F¥oceedings. The family must be in agreement being put forward for an FGC and must consent to a referral. A Co- ordinalor is allocated to the family and arranges the FGC, which is a meeting. The meeting is split into different parts. Professionals are present for the In￿al information giving part. the family are then given time alone to talk and come up a plan for addressing the issues raised by professionals in the first part of the meeting. The plan needs to be agreed by professiona15 and is then reviewed after 3 months. Thls service was referred to favourably in the North Somer5et Council's Otsted report. This wntract for an inibal period of 3 years wth an optional extension of 2 years. North Somerset Council enacted this extension, and the current arrangement continues lo December 2023. We are CUrren￿Y in discusslons the Local Authority about their recommissioning intention$. Thrs contract was ended earty by North Somerset CouncFI in June 2023 for financial reasons. The performan¢e of CFC was not queslloned. Post year end the board held an extraordinary meeting to review the practs"calitie5 of continuing the work of Community Family Care & Skyrocket. It was unanimousty agreed that during the 23124 year the organisation would wind up both of these areas to focus on the organi$ations core work- Fostering. Page 10

COMMUNITY FOSTER CARE IA Gompany limited by guaranteel TRUSTEES. REPORT (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2023 Financial Review 2022-2023 The continued financial Pressure on Local Authorities is hawng a major impact upon the Independent Fostering Sector. The levèl of tumover in many of Ihe larger foster care agencies is dedining. Due to this Community Foster Care has made a10&8 in 2022-2023. There was a loss of £46,832 in 2022123 oftumover). Turnover for the year was £2,342,560, a 0.57Vh de￿ease from the previous year. Community Foster Care's prinapal fvnding source is the income from Lo¢al Authority contracts. This ha8 detteasedfin¢reased from c.£2.23M in 21-22 to c.£x.XKM in 22-23. The fvnd5 available a5 at 31 sl March 2023 are £678,343 of ￿1¢h £0 is restricted. It Is vit81 that thè Charlty increases the number of Foster Carers lo offer more choice to authorities ￿en making placements and to ensure that Community Foster Care maintains its Strong ethical matching of children policy, whilst In￿e8$ing its tumover. The Charity w)uld not be ffijlfilling its purpose. rf pursuing incfeased tLwnover compromised the needs of children. Investment Poll The organisalion doesn't currentty have reserves Capital to invest for the purposes of capital gain. The Trustees, position is that rf there is an excess of reserves this wll be invested in fijrthering the chariWs mission. This ￿11 be Temewed in the 2023-24 year. The Trustees Continue to examine the Charitys requirements for reserves considering the maln rlsks to the Charity on a yearly basis. We calculate for a combinab.on of adverse events plus the fjjnds needed for a managed dose down. These reserves are needed to meet the working capitsl requirements of the Charity and the Trustees are confident that at this level they would be able to continue the current aclivilies of the Charity in the event of a Significant drop in fvnding. Additionally, In the event that Community Foster Care Geases to operote, the additional reserves wll ensure that children and young people enjoy a lengthy transition period into their new placements. This position is currentty reviewed annually and was last reviewed in September 2022. At the end of the year, Ihe reserves avoilable to the Charity were c.£678k vthich 1$ 31 /¢ higher than the funds required by the reserves policy {£517.5K). Ordinarily the Trustees and Senior Management Team would b& exploring the best ways to invest these additional fvnds to benefft CYP and families. However, in light of the Dncern about significant reduction in carer numbers and the Cost of Living crisis it is felt prudent lo hold an enhanced level of reserves for at lea51 the short term. Plans forthe FU￿re Peri¢)ds The charity has been operating wthin its strategic plan to drive the tharity fO￿ard over the last three ye8r8. Underpinned by a renewed belief in the charitys purpose and values this strategy will guide the charity into a period of measured growth. Over the coming three years the charity will prioritise- Caier recruitment Developing the placement offer Ensuring the website, marketing and communication strategy remain live ond active Securing block purch88e contracts Family Care service developments ￿ere available and aligned vAlh our strategic inlent. Page11

COMMUNITY FOSTER CARE (A company limiled by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 Responsibilities of tho Trustges The Trustees Iwho are also directors of Community Foster Care for purposes of Company law) are re$ponsibie foi preparing the Trustees, Report and the finanaal statements in accordance with applicable law and the United lQngdom Generally Accepted Ac¢ounting Practi¢e (United ￿'ngdoM Accounting Standards). Company law requires the Trustees to prepare ffinanaal statements for each financial year. Under company law, the Trustees must not approve the financial statemenls unless they are sat18ffied that they give a true and fair view of the stste of affairs ofthe charitable company and ofthe ineoming r&sources and application of resources. induding 1he income and expenditure, of the charitable company for that period. In preparlng these financial statements, the Trustee8 are required to., select suitable accounting policies and then apply them consistenyy; obsetve the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent- stste whether applicable UK accounting standards have been followed, subject to any material departure8 disG105ed and explained in the financial stslements: and prepare the finanaal statements on the going concern basis unless It is inappropriate to presume that the charitable company will continue in bLJsinès$. The Trustees are responsible for ensuring that adequate accountlng records are malntslned that are sufficient to show and explain the Charity's transactions and disclose. ￿￿th reasonable acujracy at any lime, the financial position of the Charity and enable them to ensure that the financial statements comply ￿1th the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and ensuring their propel application in accordance wth Charity law and hence lor taknng reasonable steps for the prevention and detection of fraud and other irregularitses. M8mbers of the Board of Trustsos Members of Ihe Board of Trustees, who ale Directors for the purposes of company law and Trustees for the purposes of Charty law, tho served during the year and up to the date of Ihi$ report are set out on page one of this report. In accordance wth company law, as the Companls Directors, we certify that.. So far as we are aware, there is no relevant audit informalion of which the Companys auditors ore unaware. and As the directors of the Company, we have taken all the 8teps that we ought to have taken in older to make ourselves aware of any relevant audit informab'on and to establish Ihat the Charity's auditors are aware of this information Page 12

COMMUNITY FOSTER CARE (A company limited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THEYEAR ENDED 31 MARCH 2023 Auditor Crowe U.K. LLP have expressed their Willin￿lesS to continue in office as auditor. report has been prepared In accordance ￿1h the Statement of Recommended Practice- Accounting and Reporting by Charities and in accordance wth the speaal provisions of Section 415A of the Companies Act 2006 relaling to small entities. )proved by order of the members of the board of Trvslees and signed on Iheir behalf by: J Dwight Chair Date.. Page 13

COMMUNITY FOSTER CARE IA Company limited by guarantee} INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF COMMUNITY FOSTER CARE Opinion We have audited the financial slalements ol Community Foster Care (the 'charitable company) for the year ended 31 March 2023 which comprise the Statement of Financial Activities. tre Balance Sheet, the Statement of Cash Flows and the related notes, induding a summary of significant accounting poliryes. The financial reporting framework that has been applied in their Pfeparathon is applicable law and United Kingdom Accounting Standards, In¢luding Flnanual Reporting Standard 102 'The Financial Reporting Standard appll¢able in the UK and Republic of Ireland, (United lQngdom Generally Accepted Accounting Practice). In our opinion the financial statements-. give o true and fair view of the state of the ¢harknble companls affairs as at 31 M8rth 2023 and of Its income and expendrtsre for the year then ended., have been property prepared ￿ accoTdance with United lQngdom Generally Accepted Accounting Practice., and have been prepared in accordance the requlrements of the Companles Act 2006. Basis for opinion We conducted our audit in accordance Ylth Interna￿Onal Standards on Audlbng {UKI IISAS (UK)) and applicable law. Our responsibilities under those standards are fijrther described in the Auditor's responsibilities foi the audit of the financial statements section of our report. We are independent of the charitable Gompany in accordan¢e th the ethical requirements that are relevant to our audit of the ffinancial statements in the United Kingdom, induding the Finanual Reporting Council's Ethical Standard, and we have fijlfilled our other elhical responsibilthes in accordance wlth these requirements. We believe thal the audit eviden¢e we have oblaine¢J is sufficient and appropriate to provide a basis for our opinion. Conclusion5 relating to going concem In auditing the financlal ststements. we have concluded thal the Trustees, use of the going concem basi8 of accounting in the preparation of the fjnancial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, in(Jividually or collectively, may cast significant doubt on the charitable companyb ability to contr'nue as a going concem for a period of at least ￿1ve monlhs from when the )Inandal statements are authorised for issue. Our responslbillties and the responsibilities of the Trustees ￿1th respeGt to going ￿nGern are described in the relevant sections of this report. Page 14

COMMUNITY FOSTER CARE (A company limited by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF COMMUNITY FOSTER CARE (CONTINUED) Other infomialion The trustees are responsible for the other information contained wthiTr the annual ¥ep¢xt. The otheT information comprlses the Information included in the annual report, other than the finanoial statements and our auditorfs report thereon. Our opinion on the ffinancial ststements does not cover the other information and, except to the extent otherwise explicity stated in our report. we do not expres$ ony form of o$surance conclusion thereon. Our responsibility is to read the other information and, in doing so, ¢onsider thether the otheT information is materially inconsistent wth the financial slatements or our knowledge obtaned in Ihe audt or otherwise appeaTS to be materially misstated.11 we identify such material inconsistencies or apparènt material misstatements. we are required to determine whether this gives rise to a material misstatement in the finanttial statements themselves. If, based on the work we have performed, we Conclude that there Ss a materlal mlsststement of this othei information, we are iequired to report that fad. We have nothing to report in this regard. Opinions on other matters prescribed by Ihe Companies Act 2006 In our opinion based on the work undertaken in the course of our audrt the information given in the trustees, report, whith includes the directors, report prepare(J foi the purposes of ompany law. for the finanixal year for vthich the financial statements are prèpared is consisterlt N¥ith the financial statements.. and the Llrectots, report included wthin the trustees, report have been prepared In a¢¢ordance with applicable legal Tequirements. Matters on which we are requlred to rEPOrt by exception In light of the kn￿edge and understanding of the charitable company and their environment obtained in the course of the 8udit, we have not identiffied material misstatements in the directors. report included wthin the trustees, report. Vve have nothing to report in respect of the following matters in relofjon to the Companies Act 2006 requires us to report to you if, in our opinion-. adequate and proper accounting records have not been kept., or the financial statements are not in agreement the accounting records and rthrns., or certain disclosures of trustees. remuneration specified by law are not made,. or we have not received all the information and explanations we require for our audit- or the trustee5 were not enlilled to Prepare the Inancial statements In accordance the small conwanies regime and tske athiantage of the small companies. exemptions in preparing the trustees, directors, report and from the requirement to prepare a strategic report. Page 15

COMMUNITY FOSTER CARE IA ¢¢mpany limited by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF COMMUNITh FOSTER CARE ICONTINUEDI Responslbllities of Trustees As explained more fijlly in the T¥ustees' respon$ibiltbes ststement, the Trustees (tho are also the directors ofthe charitable company for the purp95es of Company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees deteimine is necessary to enatrAe the preparation of financial statements that are free from material misstatement, vthether due to fraud or Èrror. In preparing the finandal statements, the Trustees are responsible for assessing the Gharitsble Gompanls ability to continue as a going concem, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend lo liquidate the charitable company or to ¢eas& operations, or have no realistic alternative but to do so. Auditorfs responsibilities forthe audit of the financial slatements Our objectives are lo obtain Teasonable assurance about whether the financial statements as a whole are free from material misslalement, thether due to fraud or efror, an¢J lo issue an Auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordanee wth ISAS (UK) wll always detect a m8leri81 misstatement when it eKists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonabty b& expected to influence the economic decisions of us¢r¥ tsken on th& basis of these fjnancial stslements. Detsils of the extent to ¥thich the audit was considered capable of detecting irregularilies, including fraud and non-compliance with laws and regulab.ons are set out below. A further description of our responsibllllles for thè audlt of the financial statements Ss located on the Financial Reporling Council's web&te at-. wNvw.frc.org.uklauditorsresponsibilities. This desLTiPtion forms part of our auditor's report. Extent to which the audit was considered capable of detecting irregularities, including fraud ITregularities, inchjding fraud, ave instances of non.corypliance with laws and regulation5. We identified and assessed the risks of material mrsstatement of the finanual ststemenls from irregularities, bthelher due to fraud or error, and discussed these bethen our audit leam members. We then designed and performed audil Procedures responsive to those risks. including obtaining audit evidènce suffici￿1 and appropriate to provide a bas1$ for our opinion. We obtained an understanding ol the legal and regulatory frameworks ￿thin which Ihe charitable company operates. focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial slatements. The laws and regulations we considered in this context were the Companies Act 2006, the Charities Act 2011, together with the Charities SORP IFRS 1021. We assessed the required compliance Ihese law5 ar4d regulation5 as pat1 of our audit procedures on tt)e related financial statement items. In addllion, we con8idered provislons of other laws and regulations that do not have a direct effect on the fjnancial statements but compliance with which might be fundamental to the charitable Companyb ability to operate or to avoid a material penalty. We also considered the opportunities and incentives that may exist within the charitsble ¢ompany's for fraud. The laws and regulations we considered in this context for the UK operations were Ofst8d, General Data Protection Regulations, and health and safety legislation. Auditing standards limit the required audit procedures to identify non-compliance wth these laws and regulations to enquiry of the Tfustees and other management and inspection of regulatory and legal correspondence, if any. Pag¥ 16

COMMUNITY FOSTER CARE

(A company limited by guarantee)

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF COMMUNITY FOSTER CARE (CONTINUED)

We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be within the override of controls by management.

Our audit procedures to respond to these risks included enquiries of management and the Finance and Resources Committee about their own identification and assessment of the risks of irregularities, review and discussion of non-routine transactions, sample testing on the posting of journals and review of accounting estimates for biases, reviewing regulatory correspondence with the Charity Commission and Ofsted, and reading minutes of meetings of those charged with governance.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non­ compliance and cannot be expected to detect non-compliance with all laws and regulations.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the trustees those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Guy Bigg in (Senior statutory auditor) for and on behalf of Crowe U.K. LLP Statotory Auditor Fourth Floor St James House St James' Square Cheltenham GL50 3PR

Date: 19 December 2023

Page 17

COMMUNITY FOSTER CARE IA company limited by guarantee) STATEMENT OF FINANCIAL ACTMTIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2023 Unrestrlcted lunds 2023 Total funds 2023 Total funds 2022 Note Income from: Donations and grants Charitable activiti'es.. Placement income Early Intervention se￿ICe6 Investments 2,0 2,036 776 2207,102 119,037 393 13,992 2.207.102 119,037 393 13.992 2,229,968 107,685 206 17,9( Other inGome Total income 2.342,560 2.342.560 2.355,874 Expenditure on: Charitable ooliwties 2,389,392 2R89,392 2,339.942 Total expendlture 2,389,392 2,389,392 2,339,942 Net movemenl in fvnds 146.8321 {46,832) 15,932 Reconciliation of funds: Total funds brought fowdrd Net movement in fvnds 725,175 146,832) 725,175 146,8321 709.243 15.932 Total funds carrigd forwanl 678,343 678,343 725, 175 The Ststement of Financial ActSvities Include5 all gains and Ios5e5 recognised in the year. The notes on pages 21 to 38 form part of these financial statements. Page 18

COMMUNITY FOSTER CARE (A Company limiled by guarantee) REGISTERED NUMBER: 03719101 BALANCE SHEET AS AT 31 MARCH 2023 2023 2022 Fixed assets Tangible assets Investments 18,861 s,000 14,288 12 23,861 79,288 Current assets Debtors Cash at bank and in hand 13 397,429 396,4(M> 261,3QO 589,833 793.829 857, 133 Creditors.. amounts falling due within one year 14 1139,347) (145,246) Net ¢urrent assets 65V82 705,887 Tolal net assets 678,343 725. 175 Charlty funds Unrestricted fijnds 15 678,343 725, 176 Tolal fund$ 678,343 725, 7 75 The Tru8tee8 a¢knO￿edge their responsibil￿eS for complylng vAth the requirements of the Art respect to accounting records and preparalion of finanual statements. The financial Statements have been prepared in accordance the provisions aptAicable to entities subject to the small companies reglme. The finanual statements were approved and authorised for Issue by the Trustees and signed on their behaff by- J Dwight Chair of the Board of Directors and TNstees Date.. ￿11￿1 The notes on pages 21 to 38 form part ofthese financial $tatemerrts. Page 19

COMMUNI￿ FOSTER CARE IA Company limited by guafanteel STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 Note Cash flow5 from operating aGtivitie5 Net cash used in operating activities 17 1178,239 (5.075) Cash flows from Invèsting activitles Dividends, interests and rents from invesknents Purchase oftanglble fixed assets 393 205 (4, 580) 11S,587) Net cash used In Investlng actlvltles 115,194) 14,3751 Change in cash and cash equivalents in the star Cash and cash equlvalents at the beginning ofthe ye8r (193,433 589,833 {9,450} 599,283 Cash and cash equivalents al the end Df the year 18 396,400 589,833 The notss on pages 21 to 38 form part of these financ4al statements Page 20

COMMUNITY FOSTER CARE (A company limited by guarantée) NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2023 General infomiation Community Foster Care is regtstered wth the Charity Commtssion for England and Wales (registered number 10841241. The Charity is also a company limited by guarontee (registered number 037191011.lts regstsred and prinapal olfice is Unrf( & 76 Kingsholm Road. Gloucester, GL13BD. Accounting policies 2.1 Basis of preparation of financial 5Litements The financial statements have been prepared in a¢¢ordance with the Charities SORP IFRS 102) - Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing thèir accounts in a¢¢ordan¢e w1h the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102} leffective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the Companies Act 2006. Community Foster Care meets the definition of a public benefft entity under FRS 102. K8sets and liabilities are initially reGognised at historical cost or transaction value unless otherwse stated in the relevant accounting policy. 2.2 Golng concem The Charity has cash resour￿$ and no requirement for external ￿nding. The Trustees have a reasonable expectation that Ihe Charity has adequate resources to continue in operational existence for the foreseeable fvrture. Athough the budgeted position for the 23124 year 1$ set at a further deficlt due to significant pressures from the Cost ot Living Crisis. the trustees believes its reserves posf(ion is strong enou*) to mibgate the ongoing risk to the charity. 2.3 Inco￿ Income from donations and fundralslng are aGoounted for on o receipts basis unless the income WAI be received and its value Gan be measured with sufficient reliabilty. Those fund5 provided for specific purposes are taken to the relevant restricted fvnd. Investment income is recogniged on a receivable basis. Charrtable a¢￿VIleS 8nd other Income such as grants is accounted for when the Charity is enliued to the income, it is probable the income wll be received and the amount can be quanofied wlth reasonable accuracy. Grants are included in the Statement of Financial Activities on a receivable basis. The balance of Income received for specific PUTposes but not expended during the period is shown in the relevant lunds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and ncluded in ueditors as deferied income. Vvhere entiUement occjjrs before irbcome is received, the inGome 15 accrued. Page 21

COMMUNITY FOSTER CARE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting policies leontinued) 2A Expendllure Expenditure on eharitable activities comprises those costs incurred by the Chaiity in the delivery of its activities. It indudes both costs that Can be allocated dlredy to such activities and those costs of an indirect nature necessary to 811PPOrt them. Charitable activities expendtture is accounted for on an accrLsals basls and has been classified under headings that aggregate all costs related to the category. Where costs cannot be direcyy attributed to particular headings they have been allocated to activ￿e5 t￿ a basis consistent wth the use of the re80urces. Support costs are those costs incurred direct￿ in support of expendi￿re on the objècts of the Charity. Govemance costs are th05e incurred in oonne¢tion with the compliance of ¢on$titutional and statutory requirements and are included within support costs. 2.5 Tangible fixed assets and depr•¢iation Tangible fixed assets costing £1,000 or more are ¢apf(alised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are inltlaly recognlged at cost. After recognitlon, under the cost model, tangible fixed assets are measured al cost less accumulated depreciation and any accumulated impairment losses. AJI costs incurred to bring a tangible ffixed asset inlo its intended working condillon should be induded in the measurement of cost. Depreciation is tharged so as to allocate the cost of tangible fixed assets less their re8idual value over their estimated usefvl lives. D•pr&clallon is prowded on the following basis.. OfficÈ Èquipmenl - 250h_ 33Qh on cost 2.6 Invostmgnts Fixed asset investments are a form of finanaal instrument and are inTbally le￿gnIsed at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured al cost less impairment. Page 22

COMMUNITY FOSTER CARE IA company limited by guarante81 NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2023 Accounting policies {¢ontinuedl 2.7 Flnancial instrumevrts The Chority onty ha$ finanGial ossets and financial liabilits'e5 of a kind that qualify as baslc financial instruments, these being investments. debtors. creditors and cash at bank. Basic financial instruments are in￿31￿ recognised at transaction value and subsÈ(wÈnlly measurèd al settlement value. 2.8 Debtors Trade debtors, other debtors and aG¢rued income are reGognised at the seluement amount after impairments. PTepayments are valued at the amount prepaid. 2.9 Cash at bank and in hand Cash at bank and In hand18 represented by cash in hand and deposits V￿th financial institutions. 2.10 Creditors Creditors are recognised where the Charity has a present obllgatltsn Tesultlng from a past event that VAII probably result in the transfer of funds to a third paty and the amount due to setde the obligalic can be measured or estimated reliably. Creifftors are normally recognised at their setdement amount after allowng for any trade discounts due. 2.11 Taxation As a registered Chaiity, Community Foster Care is generally exempt from In¢ome Tax and Capital Gains Tax so far as f( relates to its main charitable objective but not from VAT. Irrecoverable VAT 15 induded in the cost of those stems to ￿5C￿ it relates. 2.12 Operating lease5 Rents18 paid under operating lease8 are charged to the Statement of ffinancial activities on a straight- line basis over the lease term. 2.13 Penslons The Charity operates a defined contribution pension scheme and makes regular ¢ontributlon8 to the individual pension plans on behalf of certain staff. These are a direct charge in the Statement of Fln8n&al Adtvlties In the year that the ¢ontributs'ons are due. 2.14 Fund accounting General fvnds are unrestricteij fvnds vthich are available for use at the discretion of the Trustees in fijrtherance of the general objeclives of the Company and whith have not been designated for other purposes. Page 23

COMMUNITY FOSTER CARE (A cornpany limited by guaranlee} NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2023 Critical accounling estimales and areas of judgement Preparotion of the financial statements requires management to make slgntficant judgements and estimates, The items in the financial statements ￿ere these judgements and estsmates have been made include.. Crltical accounlng estlmates and as8umption8: Llseful economlc Ilves of tanglble flxed a55ets The annual depreciotion charge for the tangible fixed assets is sensitive lo changes in the estimated usefvl economic lives and residual values of the assets. The usefvl econonic lives and residual values are amended when necessary to reflect current estimates, economic uti115ation and the physical conditic of the assets. See Note 11 for the ¢aTrying amount of tsngible assets and Note 2.5 for the useful lives for each class of asset. Rebate accrnals The Charity has arrangements local authortues vthereby rebates are awarded baset1 on turnover exceeding certain thresholds. The ac¢xual for these rebates are calculated based on turnover using rebate percentsges outlined within the contract. Incom8 from donations and grants Total funds 2023 funds 2023 Donation8 Grants 36 2,000 2,000 2,036 2,036 Unrestn"¢ted fvnds 2022 Total funds 2022 Donations 116 116 Page 24

COMMUNITY FOSTER CARE (A Gompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Investment income Total funds 2023 funds 2023 Bank interest 393 393 Unrestricted lunds 2Q22 Total fvnds 2022 Bank Interest 205 205 Analysls of expendiiure on charitable aclivllies Sunwnary by fund type Unrestricted funds 2023 Total 2023 Provision of foster care Eady Intervention Services 2,260,619 128,773 2,260,619 128,773 2,389,392 2,389,392 Unrestricted funds 2022 Tot81 2022 Provisir)n of foster care Eaily Intetvention Services 2,233,423 106.519 2,233,423 106,519 2,339,942 2,339,942 Page 25

COMMUNITY FOSTER CARE (A company limiled by guarnnteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Analysis of expenditure on charitable activities (continued) Sunywry by eXP￿dItUre type Staff costs Depreciation Other costs 2023 2023 Totsl 2023 2023 Provision of foster Care Earfy Intervention Services 902,335 11,014 1,347.270 128,773 2260,619 128,773 902,335 11,014 1,476,043 1389,392 Staff wsts Depreciation Other costs 2022 2￿22 Tot81 2022 2022 Provision of foster care Earty Intervention Services 852, 854 11,173 1,369.396 106,519 2.233,423 106,519 852,854 11,773 1,475,915 2,339, 942 Analysis of expendiluro by activities Act•vities undertaken directly 2023 Support Costs Total fund5 2023 2023 Provision of foster care Earfy Intervention Servioes 1,652,543 128,773 608,076 2,260,619 128,773 1,781,316 608,076 2,389,392 Page 26

COMMUNITY FOSTER CARE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 hVIRCH 2023 Analysi$ of expenditure by activili85 (continued) Activities undertaken directly 2022 Support costs Total funds 2022 2022 Provlslon of foster care Early InteNenllon Services 1,646,765 106,519 586, 658 2,233,423 106,519 I, T53,284 586,658 2,339,942 Analysis of dibpct costs Early Provision of Intervention foster care Services 2023 2023 Total funds 2023 Staff costs 407,539 4,975 1,057,605 15,329 20,970 12,372 23,630 1,691 26,682 407,539 4,975 1,167.019 1S,329 33,178 14,022 24,872 1,691 26,682 4,355 6,444 8,890 95 7.$54 3,536 17,459 9,702 27.974 Depreciation Foster carers. costs 109,414 Insuran¢e Children's care and aclivities Travel & subsistence Staff training Cleaning Premises expenses Printing, postage & ststionery Telephone Legal, professional & accountancy Social worker Miscellaneous Subscriptions Equipment maintenance Recruitment Advertising & promotion 12,208 1,650 1,242 89 6,444 8,890 95 5,546 3,536 17,459 9,702 25,812 2,008 2,162 1,652,543 128,773 1.781.316 Page 27

COMMUNITY FOSTER CARE IA wmpany limited by guaranleel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Analysis of expènditure by activities (conlinuedl Analysi5 of direct costs {continuedl Early Prowsion ol Interyention fost&r care S&Thices 2022 Total fvnds 2022 2022 Staff costs Depreciation Foster corer8' costs Insurance Children's care & activities Travel and subsi5tenGe staff training Cleaning Premises expenses Printing, postsge and stationery Telephone Legal, professional & 8ccounlanGy So¢i81 workèr Miscellaneous Subscriptions Equipment maintenance Recruitment 385, 190 385, 790 5, 046 1, IT3,667 11,988 28.488 10,847 14,696 1,¢$97 25,179 2,506 8,072 12.983 5, 747 7.069 3,557 16,095 15,425 25,038 1,077,011 11,988 23,660 g,OTT 13,088 1,691 25,179 2,451 8,012 12,9&8 5,89T 6,407 3.557 16,095 75,425 24,208 96,656 4,828 1, 770 1,608 55 60 50 662 Advertising & promoti 830 7,646, 785 106.579 1.753.284 Page 28

COMMUNITY FOSTER CARE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Analysis of expenditure by activities (continued) Analysi$ of sUPPOrt costs Provision of fostor care Total funds 2023 2023 staff costs 494,796 6,039 17,023 2,053 32,396 497 7,824 7,300 10,200 4.458 4,293 21.197 494,796 6,039 17,023 2,053 32.396 497 7,824 7,300 10,200 4,458 4,293 21.197 Depreciation Travel and subsistence Cleaning Premises expenses Printing, postsge & ststionery Telephone Legal, professional & accountan A¢¢ountaney & audit Miscellaneous Subscriptions Equipment maintenonGe 608,076 608,076 Page 29

COMMUNITY FOSTER CARE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Analysis of expenditure by activities (contlnuedl Analysis of support costs (continued) Provision of foster care Total fvnds 2022 2022 Staff Gosts Depreciation Travel and subslstence Cleanlng Premises expen8e8 Printing, postage & stationery Telephone Legal, profession81 & accountancy Accountancy & audit Miscellaneous SubScrip￿0ns E(wipment mainten8nce 467.664 6.127 13, 169 2,053 30,569 215 9,801 12.328 10.200 10,613 4,318 19,541 467,684 6, 127 13,169 2,Q53 30,569 275 9.807 12,328 10,200 10,613 4,378 19,541 586, 658 586.658 Included wthin 8UPPOrt costs above are govemance costs of £11,744 (2022.. £14,031), which indudes £10200 (2022. £10,200) for audit an¢J accountancy and other support Gosts of£1,544 (2022.. £3,831). Auditorfs reThwneration The audltovs remunerallon amounts to an auillor fee of £7,590 (2022 - £6.900J, and accounts preparation fee of £1,5BO (2022- £7,445). Page 30

COMPAUNITY FOSTER CARE IA ￿MpanY limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Staff Costs 2023 2022 Wages and salaries Soaal security costs Contrlbution to deflned contribution pension schemes 796,423 70,478 35,434 T56,575 64,900 37,379 902R35 852, 854 During the year ended 31 March 2023, the charrtablo company made termination payments to Me member of staff amounting to £1,500 (2022.. £Nil). The average number of persons employed by the charitsble company during the year wa8 as folloYB'. 2023 2022 No. Senior staff Other stsff members 28 27 32 31 The number of employee8 ￿0¥e employee benefits (exduding employer penslon costs) exceeded £60,000 was.. 2023 No. 2Q22 No. In the band £80,001- £90,000 In the band £90.001- £100,000 The remunerats'on of the key management personnel amounted lo £299,414 (2022.. £271,147). Key management personnèl arè defined as the Chief Exewtive, Registered Manager, Servlce Manager, and Business Development Manager. 10. TNstees' rnmuneralion and expenses Durlng the year, no Trustees received any remuneration or other benefits (2022 - £NIL)- During the year ended 31 Mor¢h 2023, no Trustee expenses have been incurred (2022- £NIU. Page 31

COMMUNITY FOSTER CARE IA company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2023 11. Tangible fixed assets Office equipwnt C05t or valuation At l 412022 Adrfitions 51,925 15,587 At 31 March 2023 67,512 Depreclatlon At 1 April 2022 Charge for the year 37,637 11,014 At 31 March 2023 48,651 Net book valuo At 31 March 2023 18.861 At 31 March 2022 14,288 Page 32

COMMUNITY FOSTER CARE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 12. Fixed assel investments Invostmerf in participating Interests Cost or valuation At 1 AF*iI 2022 10,000 At 31 March 2023 10.000 Impaimient At1 April 2022 5,000 At 31 March 2023 5,000 Nel b¢)ok value At 31 March 2023 6,000 At 31 March 2022 5,OQO During the year ended 31 March 2018 the CharSty invested £10,000 in Sky Rocket Pathership. This is a joint venture a￿angement but equty accounting ha5 not ocGurred on the basis that the Charitys share of the net income is immaterial. This wil be reviewed annually. During the year ended 31 M8r¢h 2021 an impairment1089 of £5,000 wds reco￿￿98d in Ihe Statement of Finan¢ial A¢tiwties. 13. DebtoryJ 2023 2022 Due within one year Trade debtors Other debtors 369,855 4.726 32,848 278,826 4,334 38,140 Prepayments and aC￿ued income 397,429 261,300 Page 33

COMMUNITY FOSTER CARE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2023 14. Credltors: Amounts falling due wilhin one year 2023 2022 Trade creditors l)ther tsxalion and social securfty Penslon fvnd loan payable other creditors Accruals and deferred income 39,416 16,365 6.981 21,950 SS,635 33,296 18,050 5,731 50,830 57,939 139,347 145,246 2023 2022 Deferred incomè analysis Deferred income at 1 April Resourees deferred durfng the year Amounts released from previous periods 3,940 8,750 (3, 940) Deferred Income at 31 Ma￿h 8,750 Income has been deferred in respect of work to be carried out in the 2023124 financial year. Page 34

COMMUNITY FOSTER CARE IA company linmted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 16. Statement of fvnds Statement of funds - current year Balance at 31 Mar¢h 2023 Balan¢e al 1 April 2022 Income Expenditure Unrestricted fund$ Geneial Funds 725,176 2,342,660 12.389,3921 678,343 Stalem8nt of lunds . prior year Balance at 31 M8rch 2022 8818ncg at l April 2021 Transf&rs in/out Inwme Expenditure Unrestricted funds Designated funds Samngs Fund General funds General Funds 708.443 2,355,874 (2.339,942) 725, 175 T¢)tal Unr•$trkted funds 709,243 2.355,874 (2,339,942J 725, 175 Designated funds related to amounts held as a savings lund for a child in placement. Page 35

COMMUNITY FOSTER CARE (A company limited by guaranleel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 16. Analysis of net assets between funds Analysis of net assets between funds - Current year Unreslrithd funds 2023 Total funds 2023 Tangible ffixed assets Fixed asset invesbnents Current assets Creditors due wthin one year 18.861 18,861 5,000 5,000 793,829 793.829 {139,347) (139.3471 Total 678,343 678,343 Analysis of ngt assets between funds - prior year Llnr&stnrtad funds 2022 Total fvnds 2022 Tangible fixed assets Fixed asset investments Current 85sets Creditors due within one year 14,288 5,000 851, 133 851, 733 (145,246) (145,246) 14,288 Total 725, 175 725, 175 Page 36

COMMUNITY FOSTER CARE {A cornpany lirnited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 17. R¢conelllAtlon of net movement in funds to net Cash flow from operating activities 2023 2022 Net {expendltureifin¢ome for the year (as per Statement of Finan¢ial A¢tivthesl 146,832) 15.932 Adjustments for: Depreciation ¢harges Dividends. interests and rents from investments Increase in delrtors Decrease in ueditors 11,014 13931 (138,129 {6,899 11.173 (205J (20, 738) (11,237) Net cash used in 0￿ratIng activiii8s 1178,239) (5, 075) 18. Analysis of and Ga5h equivalqnts 2023 2022 Cash at bank and in hand 396.400 589,833 19. Analysis of change5 in not debt At 1 April 2022 Cash flows At 31 March 2023 Cash at bank and in hand Debt due ￿thIn 1 year $89,833 15,1311 1193,4331 {8501 396,400 15,981) 584,702 1194,283 390.419 Page 37

COMMUNITY FOSTER CARE company lirnited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 20. Pension commitinents The pension cost charge for the pertod represents contrlbutlon8 payable to the defined ￿ntritA￿10n scheme and amounted to £35,434 (2022. £31.379). Contribjtions totslling £5,981 (2022.. £5, 131) were payable to the scheme atthe year end and are included thin Creditors. 21. Opgrating Igase conNnilmgnt$ At 31 March 2023 the Con)pany had commitments to make fvture minimum lease payments under non- n¢ellable operating leases as follows: 2023 2022 Not later than 1 year Later than 1 year and not later than S yeaTS 12,009 11,729 12,009 12,009 23, 738 The followng lease payments have been recognised as an expense ￿ the Ststement of finanual activities: 2023 2022 Operating lease rentaLs 11,729 13, 138 Rel•tad paty transactions During the year, Trustee. M Straton. was paid £6.005 (2022." £5,530) in relation to her work as Agency Decision Maker. £593 remained payable at year end f2022.' £NilJ. During the year, Trustee J Jansen, was paid £525 (2022.. £669) In relallon to her work as an Independent Panel Mernber. £Nil remained payable at year end (2022.. £Nil). Durlng the year ended 31 Maf¢h 2018 the ¢harity Invested £10,000 in Skyrocket Partnership. This is a joint venture arrangement bul equty accounting has not occurred on the basis that the charty's share of the net income is immaterial. An impaiiment charge of £5,000 was recognised in the year ended 31 March 2021. This was reviewed in year and no further impairment was required. This wll continue to be reviewed annualy. Page 38