Registered number: 03719101
Charity number: 1084124
COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
CONTENTS
Page
Reference and Administrative Details of the Company9 its Trustees and Advisers
ChaIm￿n,5 Ststement
Trustees. Report
Independent Auditors. Report on the Financial Statements
SLtsment of Financial Activities
4-12
13-17
18
Balance Sheet
19-20
Statement of Cash Flows
21
Notes to the Financial Statements
22-41

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THEYEAR ENDED 31 MARCH 2024
Trustees
J Dwight (Chair)
Rcwade
M Straton
J Jansen
S Malone
Mcox
J Comerford
Company registered number
03719101
Charity registered number
1084124
Registered office
Unit A
76 Kingsholm Road
Gloucester
Gloucestershire
GLI 3BD
Company secretary
J ￿Ight
Chief executive officer
M Kingston
Independent auditors
Byrd LinkAudlt & Accountancy Services Limited
Je&8op Avenue
Cheltenham
Gloucestershire
GL50 3SH
Bankers
Natwest
2nd Floor
The Quadrangle
The Promenade
Cheltenham
Gloucestershire
GL50 1 PX
Solicitors
BPE
st James, House
St James, Square
Cheltenham
Gloucestershire
GL50 3PR
Page 1

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Registered Manager
E Weaver
Senior Leadership Team
M Kingston
E Weaver
S Hart (left August 2023)
D Whitson-Jones
Page 2

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
CHAIR'S STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024
The Chair presents their ststement for the year.
This year has seen fvrther developments of Community Foster Care's therapeutlc offer, induding the
development and rollout of our therapeutic assessment process. Thi8 work continues to grow and allowB US to
provide additional assistance to our young people.
Much work this year has focussed on winding up the work of Community Family Care. However, Community
Foster Care continues to provide family support services to our foster carers via experienced and dedicated
Family Support Workers.
This year's deficit Is a result of the number of Foster Carers and children we look after reducing, in line with the
national picture. However, our turnover has slightly increased, reflecting the more complex cases our stsff has
been working with.
Cost of living pressures have caused struggles for the sector, and thls has not been helped by the financial
pressures Local Authorities have faced. Fortunately, good financlal planning has enabled us to continue our
work as planned due to healthy reserves.
Thanks go to our dedicated personnel, both staff and carers, who are doing an excellent job supporting our
young people.
Jennie Dwight, Chalr of tiie Board of Directors and Trustees
Date:
Page 3

COMMUNITY FOSTER CARE
IA Company Limited by Guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their report and audited financial ststements for the year ended 31 March 2024. The
Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and
Reporting by Charities. in preparing the Trustees, report and financial statements of the charity.
The Board of Trustees
Jennie Dwight (Chair)
Joanna Jansen (Trustee)
Mariana Straton (Trustee)
Charles Wade (Trustee)
Stephenie Malone {Trustee)
Mary Cox (Trustee)
Jane Comerford (Trustee)
Structure, Governance, and Management
Governin
Document
The organisation is a charitable company limited by guarantee, incorporated on 24 February 1999 (registration
number 03719101) and registered as a Charity on 15 December 2000 (Charity number 1084124). The Charity
was established under a Memorandum ofAs60ciation, as amended by Special Resolutions dated 25 November
2009, 1 February 2012, and 30 May 2012, which estsblished the objectives and powers of the charitable
company and is governed under its Articles of Association. On 30 July 2018, these articles were extended to
incorporate the work undertaken by Community Family Care and to enable this work to be continued by
Community Foster Care (CFC).
Recr
itment
ointment of Trustees
The charity's Directors are also Trustees for the purposes of Charity law. Jennie Dwight continues to act as
Chair, and the Board continues to be made up of seven Trustees. In addition to the Trustees, Foster Carers
(non-voting) regularly attend the Board meetings: one from the service in the north and one from the service in
the south. Their role is primarily to represent the views of the foster carers.
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 of this 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 always seeks to ensure that it has the appropriate skill sets required to develop the Charity fijrther.
Community Foster Care ensures that any new Trustee is selected and recruited safely in line wth expected
practices and regulations.
Trustee Trainin
AJI Trustees and prospective Trustees are required to undertake an induction to familiarise themselves w5th all
aspects of the Charity and its context.
We ensure Trustees are provided with information regarding:
The obligations of Trustees (rules of engagement).,
The main documents which set out the operational framework for the Charity including the Memorandum
and Articles and the Fostering Service (England) Regulations 2011,.
The Charitys business strategy.
Page 4

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
TRUSTEES. REPORT (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
The Twstees & Senior Leadership Team (SLT) continue to operate within the Scheme of Delegation. This
Scheme of Delegalion sets out Terms of Reference for three subgroups, each reporting to the Trustees. The
Scheme of Delegation was reviewed in each subgroup in the 2023-24 year. Each group is responslble for and
considers two areas of the organisation's strategy. The three Sub-Groups are:
The Fostering Quality Assurance Group;
Promoting Good Outcomes, People & Safeguarding Group;
Finance and Resources Group.
Each of these groups and the Board of Trustees meet thrice yearly. Therefore, the board is formally involved
with the charity on a monthly basis. There is also provision for an extraordinary Trustee's meeting to be called if
necessary. There was one extraordinary meeting held in the period which reviewed the organisations strategy
and focus.
The Schemes of Delegation Review 2023 worked fvrther to incorporate the wider managers and reviewed
financial delegations.
na
en
Regular reviews of the Risk Register have been embedded in the organisation's governance structure and are a
standing item on the agenda of each subgroup, with each subgroup taking ownership of appropriately identified
risks. A log of any change to the risk register is recorded wth justification. All major risks are regularly reviewed
and systems and procedures have been established to manage these risks.
The Charty's policies 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 appropriate regulalions
are adhered to, which protect the children living our families, the Foster Carers, the staff team, and the
Board of Trustees. Furthermore, the organisation works with Tri.X to review policies externally to ensure they
are held to the highest standard and in line with changes in legislation or recommended best practices.
A key risk area to which we have not been immune is the reduction of income from our foster placements.
Significant work has been taking plaGe to mitigate this risk, including enhanced financial procedures, a
recruitment strategy, ensuring purchasers meet additional ongoing costs identified within placements, and
routine robust financial monitoring.
Community Foster Care continues to Comply with GDPR. It engages the ICO regularly to ensure its
guidance is up to date, all staff are appropriately trained, and any data breaches or near misses are reported
appropriately. The organisation commissioned a gap analysis of its compliance with GDPR legislats'on ￿1¢h
identified some areas of improvement. An action plan is being developed to implement these changes.
The health and safèty of employees is constantly under review, and procedurés are in place to ensure
compliance with the heafth and safety of stsff, volunteers. Foster Carers, and visitors. The health and safety of
children and Foster Carers are glven the highest priority, and the governance for this is di¢tated under the
Fostering Service (England) Regulations 2011 .
Or
anis8tional Structure
Community Foster Care has a Board of Trustees. which is responsible for the charitys strategic direction and
meets as a Board three times a year. Recruitment of new Trustees is ongoing and continually kept under
review by the Board.
The Chief Exetxlive is responsible for the day-to-day provision of the service, ensuring that the charity delivers
the specifjed services and meets key performance indicators.
Page 5

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The Chief Executive is supported by a Senior Leadership Team that includes a Registered Manager and
Business Development Manager.
Salaries for the whole staff, including the Senior Lèadership Team, are benchmarked against the wider market.
The HR officer conducts this work, which is then reviewed and approved bythe Board of Trustees.
The organisation continues to operate successfrjlly with one Otsted registration. We were not visited by Ofsted
during the year.
The Business Support Team has continued to grow in line with the organisation's business plan, particularly the
marketing team, which delivers the organisation's recruitment and retention objectives.
The organisation awarded a cost of living increment to foster carers and staff in the year. It continues to monitor
the competitiveness of its salaries and undertakes a benchmarking process in the year. It concluded that no
staff member was being underpaid for their role.
As part of the organisation's strategic review in the year, the charity shifted its ￿ole focus to Foster Care
activities and not on the edge of care services. AEI non-fostering work ceased by 31 March 2024. As a result,
number of redundancies were made in the year.
Public Benefit and Social Im
act
A significant public benefit of Community Foster Care is providing opportunities for local community members to
foster. Community Foster Care believes that good foster carers come from all communities and backgrounds.
We activety seek carers from all communities to strengthen our ability to meetthe diverse needs of the children
in the care population. The work Community Foster Care undertakes is in line with its Memorandum and Articles
of Association, the geographical restriction was amended in 2004. The Trustees amended the Memorandum
and Articles of Association in May 2017 to align with recent guidance. The Trustees also noted in early 2018
that the revised Memorandum and Artides of Association should be widened to allow for the wider activities of
our parent charity, Community Family Care, to be undertaken within Communty Foster Care. These revisions
were recttfied in the special resolution on the 30 July 2018 by the Trustees. This enabled the Trustees to
dissolve the parent charity, Community Family Care on 7th May 2019.
The Board of Trustees confims that they have complied with their duty in Section 17 of the Charities Act 2011
to have due regard to public benefit guidance published by the Charity Commission for England and Wales.
The social impact of the work of the charity is deemed significant. Community Foster Care looks after some of
society's most disadvantaged children and young people. The majority will have experienced some form of
abuse and neglect, experienced difficulties with educational attainment, and are commonly isolated from their
peer groups. Through our work, we provide security of family life, encouragement and guidance in education
and develop self-esteem to play a more active and constructive role in society.
At the end of March 2024, we cared for 32 (2023., 43) children and young people on behalf of Local Authorities,
and during the year 2023-24, over 49 (2022-23. 61) children and young people benefitted from our care. This
drop in children living with our families is down to a number of factors including but not limited too..
National trend of foster carer resignations.
Larger proportion of higher intensity arrangements. and
A number of unplanned endings in the last quarter.
Page 6

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
As the organisation develops its fostering model it increases its work with more complex arrangements where
young people may need more support than is set out in the specifications provided by Local Authorities. As this
work has developed, the organisalion's stability rating has gradually increased over a number of years.
However, there were a number of unplanned endings towards the end of the year which has resulted in this
rating dropping a little at 31 March 2024. A review of these unplanned endings has taken place and has been
considered by the whole organisation.
Fundraising
The Charity does not carry out significant fundraising activities and, as a result, has no fundraising activities
requiring disclosure under section 162A of the Charities Act 2011 .
Objectives and Activities
The objects of the Charity as amended on 30 July 2018 are:
O&JECTS
The Charity's objects. restricted specifically foi the public benefit. are:
(a) To operate a fosler care agency In Ihe Unrted Kingdom regarding tralnlng and
approving Foster Carers in particuSar but rkot exdusivety from social and
economically deprivod areas.
(b) To prowde relief lo children and young people in need and in parficular those
in the care of, or accommodaled by, a local authority by".
providing Ihem wilh. or olhetwise assistlng in the provision of,
placement or placements in suitable accommodation and providlng
them with, or assisting in the provislon of, appropriale carers with the
aim of Providing them ￿￿th a stable lamily life; and
(li) providing for their education and eslablishmenl In Ilfe.
(c) To promole and protecl the good health of children, young people, adulls.
and their families who are In need or who are socially and economlcally
disadvanlaged in any way and in particular those who have been in Ihe care
of: or accommodated by, a Local Aulhoiity by-.
(t) providing training. supporl and guidance;
(li) providing them wilh, or otherwise assisting in the provision of,
placement or placements in suitable accommodation and providing
them with, or assisting in the provision of. appropriate carets With the
aim of improving family lrfe- and
(iii) Providing for their educalion and establishment In life.
(d) The relief of povety and in particular the assistance of children and adufts
who have as children been in Local Authofity care and their families.
Page 7

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
A key strand of the Community Foster Care approach is to develop longstanding relationships with communities
often disadvantaged communities. Potential foster carers are targeted from all areas of the community,
including socially and economically disadvantaged areas. Community Foster Care's approach has been to
develop the skills and social capital wthin these specific neighbourhoods, with a viewto enabling families within
these communities to provide warm. stable homes to children in need. Thss approach sees our inteNentions
building the knowledge and resources within these communities. We have introduced an innovative approach
to the recruitment of foster carers.
Community Foster Care aims to provide..
A commitment to a child-centred approach.
High-quality foster care in a family setting for chlldren and young people;
Respect for racial, cultural, and religious backgrounds of all children and young people.,
Care for the disability, gender, and sexuality of foster children during the matching process.,
24-hour support for foster carers.,
Carers who will respect the children's rights in their homes under the UN Convention on Children's Rights
and not administer corporal punishment to any child.,
A commitmentto the ongoing leaming and training of foster carers.
A Commitment to the ongoing learning and training of all Placement Support Workers and Social Workers:
employed by Community Foster Care and all other support staff.
Business Planning
After considerable progress on our previous strategy (2019-2022). SLT, supported by the Trustees and wider
stsff team reviewed and began to implement a new strategy that was based on the success and leaming of the
previous one. Our new strategy continues to consider six threads. These are..
Fostering Better Outcomes;
Talented Inspired People.
Empowering Efficient Systems.,
Connecting Children with Families.,
Effective Use of Resources:
Charity Viability.
Senior Managers have worked closely with the Trustees to develop this ambitious plan for this period. This
strategy has built a firm foundation underpinned by our values and purpose, which were reviewed with 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 athieve our purpose.
Achievements and Perfomiance during 2022-2023
The tsble below details the number of children placed with our carers at the end of each fiscal year. Planned
breaks and stsying put arrangements are not included.
Number of Children livina with CFC carers
2017
2018
2019
2020
2021
2022
13
17
10
19
18
35
33
31
24
20
48
50
41
43
38
2015
10
34
44
2016
13
31
44
2023
16
27
43
2024
13
19
32
North
South
Total
31
51
The number of thildren living with CFC families has reduced in year. It is worth noting that this hasn't led to a
comparative reduction in tumover as the organisation focuses more on therapeutic and complex arrangements.
Page 8

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Number of Fosterin
2017
2018
2019
11
13
14
36
34
37
47
47
51
Househokls
2020
2021
15
31
2015
15
30
45
2016
13
35
2022
15
26
41
2023
11
25
2024
North
South
Total
14
28
42
22
31
The recruitment of carers remains a key issue for Community Foster Care, as it does for all agencies
nationwide. We Continue to invest in this area and its resources. In the past year, a Recruitment and Retention
Strategy was introduced, V*hich led to the recruitment of a Marketing Manager and Content and Engagement
Officer.
Financial perforniance, as detailed in this report, shows the Charity maklng a deficit of £59,719 for the year.
This performance is in improvement on Ihe budget agreed by Ihe board pre year. However, in the year, a
prevlously unknown contractual liability came to light. This impacted the 2023-24 financial period and had
material difference on the prior period resulting in a transferring deficlt to the prior period of £58,559.
During 202>24 the Charity continued to make use of social medla and is continulng to develop its strategy of
online recruitinent. Our 'organic' following has grown over the year.
We have offices in Royal Wootton Basset, Lancaster and Workington which meet the needs of our carers in
these localities. A Social Worker and a Placement Support Worker operate from these offiGes, which is also a
base for training. As we continue to adopt a 'one organisation, approach other key roles are based in these
offices.
Our registered office is in Gloucester. Although thls office provides for the organisations Core functionalty, we
are increasingly distributing fvnctionality across our footprint and using technology to enable succinct working.
The organisation has worked hard to ensure our office spaces are used more effectively by staff, carers and
young people.
Community Foster Care is committed to providing a range of activities and support to our children and young
people. Engaging young people face to face has Continued to be a priority. In the year, many activities took
place, including successful community events, children's activities, and the alway8 popular summer residential.
Our annual carer Christmas dinners were held across the organisation. We invited guest speakers and
recognised some of our longer-serving foster carers for their commitment to the children and young people in
their care. There were also several activities at Christmas for all our children.
Community Family Care
Going into 2023-24 the organisation continued to deliver Communty Family Care Services which included:
Family & Placement Support.
Art Journal Projects;
Family Group Conferencing; and
Youth Services
In June 2023 an extraordinary meeting of the Board of Trustees was held to consider the operations of
Community Family Care. The board concluded that as a small children's charity ￿ryth reducing placement and
foster carer numbers, its focus needs to be on our fostering, which is a primary task to meet our mission.
Page 9

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Following years of austerity, cov1￿19, and the cost of living crisis, the organisation simply doesn't have
sufficient resources to invest time and energy in these other activities. Diversification for companies is often
helpfijl or ￿ndamental to their ongoing survival, but this is not likely to be the case with these activities. It had
become evident that Local Authorities have severely restricted fvnds for preventative services. The major
demand is for fostering. In recent years, we have been able to develop and specialize in our fostering offer,
leading to increased fees, ￿lch have addressed reducing placement numbers. We have agreed that Foster
Carer recruitment is the key strategic priority. Therefore, these other activities, instigated with good intent and
pursued with vigour and professionalism, divert resources from our key priorities.
Community Family Care Services:
Family and Placement Support this work continues to operate as part of the organisations fostering
provision.
Art Joumal Project - this project was under contract wlh one Local Authority. The work under contract was
delivered and ceased at the end of the contract in December 2023.
Family Group Conference Service - notice on this contract was given by the Local Authority. This was
financially and not performance-driven. The contract was terminated in June 2023.
Youth SeNices - CFC worked with the contract Town Council, who brought this service in-house. Staff were
TUPE'd to the Town Council and continue to deliver this Se￿ICe. This process completed in March 2024.
Most staff delivering these projects were reallocated of TUPE'd to another organisation however there were
unfortunately three redundancies.
Financial Review 2023-24
The continued financial pr&￿Ure on Local Authorities is having a major impact upon the Independent Fostering
Sector. The level of tumover in many of the larger foster care agencies is decllning.
There was a defficit of £59,719 in 2023-24 {-2.52 % of turnover). This is in line wth the budgeted year-end
position. Not withstsnding fijnds transferred to 2022-23 year.
Turnover for the year was £2,369,738, a 1.90/00/0 increase on the previous year. Communtty Foster Care's
principal fvnding source is the income from Local Authority contracts. This has remained very consistent.
The fvnds available as at 31 March 2024 are £560,064 of￿1Ch £0 is restricted. This is above the organisation's
set minimum level resèrves.
It is vital that the Charity increases the number of Foster Carers to offer more choice to authorities when making
placements and ensure that Community Foster Care maintains its strong ethical matching of children policy
ile increasing its tumover. The Charity would not be fjjlfilling its purpose if pursuing increased tumover
compromised the needs of children.
Investment Polic
The organisation doesn't ujrrently have reserves capital to invest for the purposes of capital gain. The Trustees,
position is that if there is an excess of rese￿eS this will be invested in furthering the charitys mission. This will
be reviewed in the 2024-25 year. However, during the year ended 31 March 2024, the Charity has opened new
bank accounts to reap the reward of higher intèrest rates for the cash it holds at the bank.
Page10

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
TRUSTEES. REPORT (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees continue to examine the Charity's requirements for rese￿eS considering the main risks to the
Charty on a yearly basis. We calculate for a combination of adverse events plus the fvnds needed for a
managed closedown. These reseNes are needed to meet Ihe working capital requirements of the Charity. and
the Trustees are confident that at this level. they would be able to continue the current activities of the Charity in
the event of a significant drop in fijnding. Additionally, if Community Foster Care ceases to operate. the
additional reserves will ensure that children and young people enjoy a lengthy transition into their new
placements. This position was reviewed in May 2024.
At the end of the year, the reserves available to the Charity were c.£560k which is 6.8 % higher than the funds
required by the reserves policy (£524.5k). Ordinarily the Trustees and Senior Leadership Team would be
exploring the best waJE to invest these additional funds to benefit children, young people and families. However,
in light of the concem about significant reduction in carer numbers and the cost of living crisis it is felt prudent to
hold an enhanced level of reserves for at least the short term.
Plans for the Future Periods
The Charity has been operating within its strategic plan to drive the Charity forward over the last three years.
Underpinned by a renewed belief in the Charity's purpose and values, this strategy will guide the Charity into
perfod of measured gro￿. Over the coming three years, the charity will prioritlse:
Carer recruitment.
Developing the placement offer; and
Ensuring the website, marketing and communication strategy remain live and active.
Responsibilities of the Trustees
The Trustees (also directors of Community Foster Care for purposes of Company law) are responsible for
preparing the Trustees, Report and the financial statements per applicable law and the United Kingdom
Generally Accepted Accounting Practice (United Kingdom Accounting Standards).
Company law requires the Trustees to prepare ffinancial statements for each financial year. Under company law,
the Trustees must not approve the financial statements unless Ihey are satisfied that they give a true and fair
view of the state of affairs of the charitable company and of the incoming resources and application of
resources, including the income and expendtture, of the charitable company for that period. In preparing these
financial statements, the Trustees are required to.,
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgments and estimates that are reasonable and prudent.,
state whether applicable UK accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements. and
prepare the ffinancial statements on a going concern basis unless it is inappropriate to presume thatthe
charitable company will continue in business.
The Trustees are responsible for ensuring that adequate accounting records are maintained that are sufficient
to show and explain Charitys transactions and disclose, with reasonable accuracy at any time, the financial
posits.on 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 proper application
is in accordance ￿ryth Charity law, and hence, for taking reasonable steps to prevent and detect fraud and other
irregularities.
Page11

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Members of the Board of Trustees
Members of the Board of Trustees, who are Directors for the purposes of company law and Trustees for the
purposes of Charity law, who served during the year and up to the date of this report are set out on page one of
this report.
In accordance with company law, as the CompanWs Directors, we certifythat:
So far as we are aware, there is no relevant audit information of which the Companls auditors are
unaware., and
As the directors of Ihe Company, we have taken all the steps that we ought to have tsken to make
ourselves aware of any relevant audit information and establish that Charity's auditors are aware of this
information.
Auditor
d Link Audit & Accountsncy Services Limited have expressed their wllingness to continue in office as
auditor.
This report has been prepared in accordance with the Statement of Recommended Practice,. Accounting and
Reporting by Charities and in accordance w7th the special provisions of Section 415A of the Companies Act
2006 relating to small entities.
Approved by order of the members of the board of Trustees and signed on their behalf by..
J Dwight
(Chair of Trustees)
Page 12

COMMUNITY FOSTER CARE
IA Company Limited by Guarantse)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF COMMUNITY FOSTER CARE
Opinion
We have audited the fjnancial ststements of Community Foster Care (the 'charitable company) for the year
ended 31 March 2024 thich comprlse the Statement of Financial Activities, the Balance Sheet. Ihe Statement
of Cash Flows and the related notes, including a summary of significant accounting policies. The ffinancial
reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Stsndards, including Financial Reporting Standard 102 The Financlal Reporting Standard applicable in the UK
and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial ststements:
give a true and fair view of the state of the charitsble companys affairs as at 31 March 2024 and of its
incoming resources and application of resources, including its income and expenditure for the year then
ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practlce. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with Internalional Standards on Auditing (UK) (ISAS (UK)) and applicable
law. Our responsibilities under those standards are fijrther described in the Auditors, responsibilities for the audit
of the financial statements section of our report. We arè independent of the charitable company in accordance
ith the ethical requirements that are relevant to our audit of the financia5 statements in the United Kingdom,
induding the Flnanclal Reporting Council's Ethi¢al Standard, and we have ftjlfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is
sufficient and appropriate to provide a basis for our opinlon.
Conclusions relating to going concern
In audiiing the financial ststements, we have concluded that the Trustees, use of the going concem basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
condrtions that, individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going Goncern for a period of at least ￿e1ve months from vthen the financial statements are
authorised for issue.
Our responsibilities and the responslbilities of the Trustees with respect to going concern are described in the
relevant sections of this report.
Page 13

COMMUNITY FOSTER CARE
IA Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF COMMUNITY FOSTER CARE
ICONTINUED)
Other infomiation
The other information comprises the information included in the Annual Report other than the financial
statements and our Auditors, Report thereon. The Trustees are responsible for the other information contained
ithin the Annual Report. Our opinion on the financial statements does not cover the other information and,
except to the extent otherw7se explicitly stated in our report, we do not express any form of assurance
conclusion thereon. Our responsibility is to read the other information and, in doing so. consider whether the
other information is materially inconsistentwith the financial statements or our knowledge obtained in the course
of the audit, or Othe￿Se appears to be materialty misstated. If we identify such material inconsistencies or
apparent material misstatements, we are required to determine whether this gives rise to a material
misstatement in the financial statements themselves. If, based on the work we have performed. we oonclude
that there is a matsrial misststement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course ofthe audit:
the information given in the Trustees, Report for the financial year for ￿1¢h the financial statements are
prepared is consistent with the financial statements.
the Trustees, Report has been prepared in accordance wth applicable legal requirements.
Matters on which we are required to report by exception
In the light of our knowledge and understsnding of the charitable company and its environment obtsined in the
course of the audit, we have not identified material misstatements in the Trustees, Report.
We have nothing to report in respect of the following matters in relation to wthich Companies Act 2006 requires
us to report to you if, in our opinion:
adequate accounting records have not been kept, or retums adequate for our audit have not been
re￿iVed from branches not visited by us., or
the financial statements are not in agreement with the accounting records and retums. 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 Trustees were not entitled to prepare the financial ststements in accordance with the small
companies regime and take acfvantage of the small companies, exemptions in preparing the Trustees,
Report and from the requirement to prepare a Strategic Report.
Page 14

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF COMMUNITY FOSTER CARE
(CONTINUED)
Responsibilities of trustees
As explained more fvlly in the Trustees, Responsibilities Statement, the Trustees (who are also the directors of
the charitable company for the purposes of company law) are responsible for the preparation of the financial
statements and for being salisfied that they give a true and fair view, and for such internal control as the
Trustees determine is necessary to enable the preparation of financial statements that are free from material
misstatement. thether due to fraud or error.
In preparing the financAal statements, the Trustees are responsible for assessing the charitable compansls
ability to continue as a going concern. disclosing, as applicable, matters related to going concem and using the
going concern basis of accounting unless the Trustees erther intend to liquidate the charrtable company or to
cease operations, or have no realistic altemative but to do so.
Page 15

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF COMMUNITY FOSTER CARE
ICONTINUED)
Auditors. responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue an Auditors, Report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line ￿th our responsibilities, outlined above, to detect material misststements in respect of
irregularib'es, including fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud is detailed below..
We identified and assessed the risks of material misststement within the financial statements from irregularities.
whether due to fraud or error, at the audit planning stage and discussed these among the audit engagement
team. Discussions with management and those charged with governance around laws, regulations and
compliance were also undertaken 8t the audit planning stage. We then designed and performed audit
procedures in response to these identified risks. Such audit procedures include obtaining sufficient, appropriate
audit evidence to provide a basis for our audit opinion.
We obtained an understanding of the legal and regulatory frameworks within which the charitable company
operates, focusing on those laws and regulations that have a direct effect on material amount and disdosures
thin the financial statements. The laws and regulations considered were the Companies Act 2006, Charities
Act 2011 together wth the Charities SORP (FRS102) and Ofsted. We have assessed the impact of any
breaches in these laws and regulations and considered thether any such findings have a material impact on
the financial statements.
Wè also considered the systems and controls in place and the opportunities and incentives that may exist within
the charity for fraud or manipulation of these financial statements. We identified the key risks in relation to fraud
were management override of controls and income recognition. The audit procedures designed to respond to
these risks included sample testing on joumals. review of key accounting estimates, discussion
management, reviewing regulatory correspondence, legal expenditure review, and a review of Trustee meeting
minutes along with sample testing income streams from source documentaiton.
Our audit procedures, together with our assessment of risks identified at planning, were transparent to the
charity and have been communicated to the Trustees throughout the audit as well as wthin the audit
engagement team.
Because of the inherent limitations of an audit, and the fact that audit procedures, whilst planned and performed
in line with audit standards, test a sample of financial transacitons, there is an unavoidable risk that we will not
detect all iiregularities, including those leading to material misstatement in the financial statements, or non-
compliance with regulation. The risk increases the more that compliance with a law or regulation is removed
from the events and transactions reflected in the ffinancial statements, as wel will be less likely to become aware
of instances of non-compliance. The risk is also greater regarding irregularities occuring du to fraud rather than
error. as fraud involves intentional concealment. forgery. collusion, omission, misrepresentation, or the override
of internal controls. Ultimately, it is the responsibility of the Trustees for the prevention and detection of fraud
and non-compliance.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at: www.frc.or
.uklaudito
es
ons'bilities. This description forms part of our
Auditors, Report.
Page 16

COMMUNITY FOSTER CARE
IA Company Limited by Guarantse)
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF COMMUNITY FOSTER CARE
(CONTINUED)
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 Y￿rk has been undertaken so that we might state to the
charitsble companys members those matters we are required to state to them in an Auditors, 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.
Russel Byrd (Senior Ststutory Auditor)
for and on behalf of
Byrd Link Audit & Accountancy Services Limlted
Jessop Avenue
Cheltenham
GlouGestershire
GL50 3SH
Date:
Page17

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
As restated
Total
fvrpds
2023
Unrestricted
funds
2024
Total
funds
2024
Note
Income from:
Donations and legacies
Charitable activities
Investments
Other income
1,000
2,324,065
1,099
43,573
1,000
2,324,065
1,099
43,573
2, 036
2,308,590
393
13,992
Total income
2,369,737
2,369,737
2,325,011
Expenditure on:
Charitable activities
2.429,457
2,429,457
2,389, 392
Total expenditure
2,429,457
2,429,457
2,389,392
Net movement in funds
159.7201
(59,720
(64.381)
Reconciliation of funds:
Total fvnds brought forward
Net movement in ftjnds
619,784
{59,720)
619,784
(59,720)
684, 165
(64,387)
Totsl funds carried forward
560,064
560,064
619,784
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 22 to 41 form part ofthese financial statements.
Page18

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
REGISTERED NUMBER: 03719101
BALANCE SHEET
AS AT 31 MARCH 2024
As restated
2023
2024
Note
Fixed assets
Tangible assets
Investments
13
14
12,340
18,861
5, 000
12,340
23,861
Current assets
Debtors
Cash at bank and in hand
15
361,719
346,296
397,429
396,400
708,015
793, 829
Creditors: amounts falling due within one
year
16
(134,249)
(745, 823)
Net current assets
573,766
648, 006
Total assets less current liabilities
586,106
671,867
Creditors: amounts falling due after more
than one year
17
126,042)
(52, 083)
Net assets excluding penslon asset
0,064
619,784
Total net assets
560,064
619, 784
Charity funds
Restricted fijnds
Unrestricted funds
20
20
560,064
619,784
Total funds
560,064
619, 784
The Trustees acknowledge their responsibllities for complying wth the requirements of the Act with respect to
accounting records and preparalion of financial statements.
The fjnancial statements have been prepared in accordance with the provisions appliGable to entities subject to
the small companies regime.
Page 19

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
REGISTERED NUMBER: 03719101
BALANCE SHEET ICONTINUED)
AS AT 31 MARCH 2024
The financial ststements wère approved and authorised for issue by the Trustees and signed on their behalf by:
J Dwight
(Chair of Trustees)
Date..
The notes on pages 22 to 41 form part of these financial statements.
Page 20

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
As restated
2023
2024
Cash flows from operating activities
Net cash used in operating activities
{53,200) (178,239)
Cash flows from investing activities
Dividends, interests and rents from investments
Purchase of tsngible fixed assets
Proceeds from sale of investments
Impairment of investment
1,099
(3,004)
4,061
939
393
(15,587)
Net cash provided byl{used in) investing activities
3,095
(15,194)
Cash flows from financing aclivities
Net cash provided by financing activities
Change in cash and cash equNalents in the year
Cash and cash equivalents atthe beginning of the year
(50,105) 1193,433)
396,400
589, 833
Cash and cash equivalents at the end of the year
346,295
396,400
The notes on pages 22 to 41 form part of these financial statements
Page 21

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
General inf0m￿tIon
Community Foster Care is registered with the Charity Commission for England and Wales (registered
number 1084124). The Charity is a private company limited by guarantee registered in England and
Wales (registered number 03719101). Its registered and principal office is Unit A. 76 Kingsholm Road,
Gloucester, GL13BD.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102)
Accounting and Reporting by Charities.. Statement of Recommended Pra¢tÉce applicable to charities
preparing their a￿oUnts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019), Ihe Financial Reporttng Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Community Foster Care meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy.
2.2 Going concern
The Charity has cash resources and no requirement for external frjnding. The Trustees have a
reasonable expèctation that the Charty has adequate resources to continue in operational existence
for the foreseeable future.
Although the budgeted position for the 2024-25 year is set at a fijrther defficit due to significant
pressures on expenditure, the Trustees believe Community Foster Care's rese￿eS position is strong
enough to mttigate the ongoing rlsk to the Charty.
2.3 Income
Al income is recognised once the Charity has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of Financial Activities on a receivable basis. The balance of
income received for specific purposes but not expended during the period is shown in the relevant
nds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its
recognrtion is deferred and included in Creditors as deferred income. Where entitlement occurs
before income is received, the income is accrued.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
Other income És recognised in the period in wthich it is receivable and to the extent the goods have
been provided or on completion of the seNice.
Page 22

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 MARCH 2024
Accounting policies (continued)
2.4 Expenditure
Expenditure Is recognised once there is a legal or constructive obligation to transfer economic
benefit to a third party, it is probable that a transfer of eoonomic benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is classified by
activity. The costs of each adivity are made up of the total of direct costs and shared costs,
Induding support costs involved in undertaking eath adivity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs ￿lch contribute to more than one activity
and support costs which are not attributable to a single activity are apportioned be￿een those
aclivities on a basis consistent with the use of resources. Central staff costs are allocated on the
basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on diredty undertaking the activities which fvrther the
Charty's objectives, as well as any associated support costs.
AJI expenditure is inGlusive of irrecoverable VAT.
2.S Interest receivable
Interest on fvnds held on deposit is included when receivable and the amount can be measured
reliably by the Charity. this is normally upon notification of the interest paid or payable by the
institution wth whom the fvnds are deposited.
2.6 Taxation
The Charlty Is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act
2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingty, the Charity is potentially exempt from taxation in respect of income or capital gains
received wthin categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitsble purposes.
2.7 Tangible fixed assets and depreciation
Tangible fixed assets costing £1 ,000 or more are capitalised and recognised when future economlc
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are Inltially recognised at cost. After recognition, under the cost model,
tangible fixed assets are measured at cost less accumulated depreciation and any accumulated
impairment losse8. All Costs incurred to bring a tsngible fixed asset Into its intended working
condition should be included in the measurement of cost.
Depretiation is charged so as to allocate the cost of tangible fixed assets less their resldual value
over their estimated usefvl lives.
Depreciation is provided on the followng basis:
Office equipment
Page 23

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (continued
2.8 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their
transaction cost and subsequently measured at fair value at thè Balance Sheet date, unless the
value cannot be measured reliably in ￿1¢h case it is measured at cost less impairment. Investment
gains and losses. whether realised or unrealised, are combined and presented as 'Gainsl{Losses)
on investments, in the Statement of Financ4al Activities.
Investments in joint ventures are ststed at the amount of the Charitys share of net assets. The
Statement of Financial Activities indudes the Charitys share of the joint ventures, net income or
expenditure using the equity accounting basis. As the joint venture is a charity, the investment is
presented within restricted fijnds.
2.9 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.10 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highty liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.
2.11 Liabilities and provisions
Liabiliiies are recognised when there is an obligation at the Balance Sheet date as a result of a past
event, it is probable that a transfer of economic benefit wll be required in settlement, and the
amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount thatthe Charity anticipates it will pay to settle the debt or the
amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount ratè that refiects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
2.12 Financial instruments
The Charity onty has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured at their settlement value with the exception of bank loans ￿1¢h are
subsequently measured at amortised cost using the effective interest method.
2.13 Operating leases
Rentsls paid under operating leases are charged to the Ststement of Financial Activities on a
straight-line basis over the lease term.
Page 24

COMMUNITY FOSTER CARE
(A Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (continued)
2.14 Pensions
The Charty operates a defined contribution pension scheme and the pension charge represents the
amounts payable by the Company to the fund in respect of the year.
2.15 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
fijrtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Restricted fijnds are funds which are to be used in accordance with speiiffic restrictions imposed by
donors or ￿1th have been raised by the Charty for particular purposes. The costs of raising and
administering such fvnds are charged against the specific fund. The aim and use of eath restricted
fund is set out in the notes to the financial statements.
Investment income, gains and l¢y6ses are allocated to the appropriate fijnd.
Critical accounting estimates and areas of judgment
Preparation of the financial ststements requires management to make significant judgements and
estimates. Estimates and judgments are continually evaluated and are based on historical experience
and other factors, including expectations of fvture events that are believed to be reasonable under the
circumstances.
Critical accounting estimates and assumptions:
Useful economic lives of tangible fixed assets
The annual depreciation charge for the tsngible fixed assets is sensitive to changes in the estimated
usefvl economic lives and residual values of the assets. The useful economic lives and residual values
are amended when neG&￿ary to reflect current estimates, economic utilisalion and the physical condition
of the assets.
See Note 13 for the carrying amount of tangible assets and Note 2.7 for the usefvl economic lives for
each Glass of asset.
Rebate accruals
The Charity has arrangements with Local Authorities whereby rebates are awarded based on turnover
exceeding certain thresholds.
The accrual for these rebates are calculated based on tumover using rebate percentages outlined within
the contract.
Page 25

COMMUNITY FOSTER CARE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Income from donations and legaciès
Unrestricted
fvnds
2024
Total
funds
2024
Grants
1,000
1,000
Unrestricted
funds
2023
Total
funds
2023
Donations
Grants
36
36
2,036
2, 036
Income from charitable activities
Unrestricted
funds
2024
Total
funds
2024
Provision of foster care
Early Intervention Services
2,249,341
74,724
2,249,341
74,724
2,324,065
2,324,065
As restated
Total
fvnds
2023
Unrestricted
funds
2023
Provision of foster care
Early InteNention Services
2, 189,553
119,037
2,189, 553
119,037
2,308,590
2, 308, 590
Page 26

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMEhrrs
FOR THE YEAR ENDED 31 MARCH 2024
Investment income
Unrestricted
funds
2024
Total
funds
2024
Bank interest
1,099
1,099
Unrestrid8d
fvnds
2023
Total
fvnds
2023
Bank interest
393
393
Other incoming resources
Unrestricted
funds
2024
Total
funds
2024
Other income
43,573
43,673
Unrestricted
funds
2023
Total
funds
2023
Other income
13,992
13,992
Page 27

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure on charitable activities
Summary by fund type
Unrestricted
funds
2024
Total
2024
Provision of foster care
Earty Intervention Services
2,337,301
92,156
2,337.301
92,156
2,429,457
2,429,457
Unrestricted
fvnds
2023
Total
2023
Provision of foster care
Early Intervention Services
2,260,619
128,773
2,260,619
128, 773
2,389,392
2,389,392
Analysis of expenditure by activities
Activities
undertaken
directly
2024
Support
costs
2024
Total
funds
2024
Provision of foster care
Early Intervention SeNices
1,745,524
92,156
591,777
2,337,301
92,156
1,837,680
591,777
2,429,457
Page 28

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities (contlnued)
Activth'es
undertaken
directly
2023
Support
costs
2023
Total
fvnd8
2023
Provision of foster care
Eatly Intervention Services
7,590, 683
728, 773
669,935
2,260,618
128, 773
1, 719,456
669,935
2,389,392
Analysis of direct costs
Early
Provision of Intervention
foster care
Services
2024
2024
Total
funds
2024
Staff costs
Foster carers, costs
Children's care and activities
Travel & Subsistence
Stsff training
Cleaning
Premises expenses
Printing, postage & stationery
Telephone
Miscellaneous
Subscriptions
Ewipment maintenance
Recruitment
Advertising & promotion
479,192
1,137,120
11,167
25,308
944
4,671
70,937
3,271
881
957
66
1,141
8,678
1,192
81,118
644
8.967
919
240
560,310
1,137,764
20,134
26,227
1,184
4,671
70,937
189
50
931
957
66
1,141
8,678
1,221
29
1,745,525
92,156
1,837,681
Page 29

COMMUNITY FOSTER CARE
(A Company Limited by Guaranteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities Icontinued)
Analysis of direct costs (continued)
Early
Provision ol InteNention
foster care
Servi￿8
2023
2023
Total
ftinds
2023
Staff costs
Foster carers, costs
Children's care and activities
Travel & Subsistence
Staff training
Cleaning
Premises expenses
Printing, postage & stationery
Telephone
Social worker
Mlscellaneous
Subscriptions
Equipment maintenance
Recruitment
Advertising & promotion
298,125
1, 167,019
8.174
12,372
23, 629
7,691
26, 682
4, 266
109,414
407, 539
1,167,079
20,382
14,022
24,871
1,691
26,682
4,355
12,208
1, 650
1,242
89
95
1, 125
3, 536
2, 086
9,627
25,812
95
3,133
3,536
2,086
9,627
27,974
2, 008
2, 162
1,590,683
128, 773
1, 719,456
Page 30

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of Èxpenditure by activities (continued)
Analysis of support costs
Provision of
foster care
2024
Total
funds
2024
Staff costs
Depreciation
Foster carers, costs
Insurance
Children's care and activities
Travel & Subsistence
staff training
Printing, postsge & stationery
Telephone
Legal, professional & accountsncy
Miscellaneous
Subscriptions
Equipment maintenance
Recruitment
Advertising & promotion
Accountancy & Audit
352,382
9.525
26,122
14,758
18,201
8,386
25,493
342
352,382
9,525
26,122
14,758
18,201
8,386
25,493
342
12,478
13,038
5.255
46,578
2,194
46,564
10,458
12,478
13,038
5,255
46,578
2,194
46,564
10,458
591,777
591,777
Page 31

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities {continued)
Analysis of support costs (continued
Provision of
foster Care
2023
Total
funds
2023
Staff ￿sts
Depreciation
Insurance
Children's care and activities
Travel & Subsistence
Cleaning
Premises expenses
Printing, postage & stationery
Telephone
Legal, professional & accountancy
Miscellaneous
Subscriptions
Equipment maintenance
Recruitment
AC￿UntancY & Audit
494, 796
11,014
15,329
12, 796
77,023
2. 053
32,396
497
7, 824
16,190
8,879
4,293
36,570
75
10,200
494, 796
11,014
15,329
12,796
17,023
2, 053
32,396
497
7, 824
16,790
8,879
4,293
36,570
75
10.200
669,935
669,935
10.
Auditors, remuneration
2024
2023
Fees payable to the Companls auditor for the audit of the Company's
annual accounts
7,000
7, 590
Fees payable to the CoMpan￿S auditor in respect of:
All non-audit services not included above
1,995
1, 580
Page 32

COMMUNITY FOSTER CARE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
11. Staff costs
2024
2023
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
804,493
72,989
35,210
796,423
70,478
35,434
912,692
902,335
Redundanw payments totslling £9,171 were paid during the year ended 31 March 2024. This
expenditure is re¢ognised in line with the expenditure accounting policy. £nil was owing at year end.
The average number of persons employed by the Company during the year was as followB:
2024
2023
Senlor staff
Other staff members
25
28
29
32
The number of employees ￿Ose employee beneffts (excluding employer pension costs) exceeded
£60,000 was:
2024
2023
In the band £90,001- £100,0￿)
The remuneration of the key management personnel amounted to £292,735 {2023: £299,414). Key
management personnel are defined as the Chief Executive, Registered Manager, SeNice Manager and
Business Development Manager.
12. Trustees. remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).
During the year ended 31 March 2024, expenses totslling £148, in relation to travel, were reimbursed or
paid directly to 1 Trustee (2023 - £NIL).
Page 33

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
13. Tangible fixed assets
Office
equipment
Cost or valuation
At 1 April 2023
Additions
67,512
3,004
At 31 March 2024
70.516
Depreciation
At 1 April 2023
Charge for the year
48.651
9,525
At 31 Mard) 2024
58,176
Net book value
At 31 March 2024
12,340
At 31 March 2023
18,867
14. Fixed asset inveslments
Investment
in joint
ventures
At 1 April 2023
Disposals
At 1 April 2023
Charge for the year
Impairment on disposals
10,000
(10,000)
5,000
939
(5,939)
Net book value
At 31 March 2023
Page 34

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
15. Debtors
2024
2023
Due within one year
Trade debtors
Other debtors
Prepayments and accrued income
324,987
9,186
27,646
359, 855
4, 726
32,848
361,719
397,429
16. Creditors: Amounts falling due within one year
2024
2023
Bank overdrafts
Trade creditors
Other tsxation and social security
Pension fund loan payable
Other creditors
Accruals and deferred income
33,020
19,716
6,075
15,958
59,458
39,413
16,365
5,981
21,951
62,113
134,249
145, 823
2024
2023
Deferred income at 1 April 2023
Resources deferred during the year
Amounts released from previous periods
8,750
135
(8,750)
8, 750
Deferred income at 31 March 2024
135
8, 750
Income has been deferred in respect of work to be carried out in the 2024-25 financial year.
17. Creditors: Amounts falling due after more than one year
2024
2023
Accruals and deferred income
26,042
52,083
Page 35

COMMUNITY FOSTER CARE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
18. Financial instruments
2024
2023
Financial assets
Financial assets measured at fair value through income and expenditure
346,296
396,400
Financial assets measured at fair value through income and expenditure comprise cash at bank and in
hand.
19. Prior year adjustments
Following an intemal audit at a Local Authority, the Charity ￿￿$ made aware that long term placement
discounts had not been rellected within income. A prior year adjustment has been recognised to reduGe
income and recognise the amount now owed to the Local Authority within creditors.
This impacts the year ended 31 March 2023 by an amount of £17.549', reducing income in the financial
year and increasing creditors at year end.
£41,010 relates to long term placement discounts for the year ended 31 March 2022 and previous
financial years. This has been refiected wthin the financial statements through an adjustment to brought
forward funds for the year ended 31 March 2023.The creditor balance of £58,559 owed to the Local
Authority is aged in line the repayment plan agreed with the Local Authority,
Page 36

COMMUNITY FOSTER CARE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
20. Statement of funds
Statement of funds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Income Expenditure
Unrestricted funds
General Funds
619,784
2,369,737 (2A29,457)
560,064
Statement of funds - prior year
Balance at
31 March
2023
Balance at
l April 2022
Income Expendtiure
Unrestricted funds
General Funds- all funds
684,165
2,325,011 (2,389,392)
819,784
21. Summary of funds
Summary of funds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Incow* Expenditure
General fvnds
619,784
2,369,737 (2,429,457)
560,064
Summary of funds - prior year
8alanGe at
31 March
2023
Balance 8t
1 April 2022
Income Expenditure
General fijnds
684, 165
2,325,011 (2,389,392)
619, 784
Page 37

COMMUNITY FOSTER CARE
(A Company Limited by Guarantse)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
22. Analysis of net assets between funds
Analysis of net assets between funds - current period
Unrestricted
funds
2024
Total
funds
2024
Tangible fixed assets
Current assets
Creditors due wthin one year
Creditors due in more than one year
12,340
12,340
708,015
708,015
(134,249) (134249)
(26,042)
(26￿42}
Total
560,064
560,064
Analysis of net assets between funds - prior period
Unrestricted
funds
2023
Total
ftinds
2023
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Creditors due in more than one year
18,861
5, 000
793, 829
793, 829
(145, 823) (145,823)
(52,083)
(52,083)
18,867
Total
619, 784
619, 784
Page 38

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
23. Reconciliation of net movement in funds to net cash flow from operating activities
2024
2023
Net expenditure for the period (as per Statement of Financial Activities)
(59,720)
(64,381)
Adjustments for:
Depreciation charges
Dividends, interests and rents from investments
Decreasel(increase) in debtors
Increasel{decrease) In credltors
9,525
(1,099)
35,710
(37,616)
11,014
(393)
(136, 128)
11,649
Net ￿$h used in operaling activities
(53,200) (178,239)
24. Analysis of cash and cash equivalents
2024
2023
Cash in hand
346,296
396,400
Total cash and cash equivalents
346,295
396.400
26. Analysis of Changes in net debt
At 1 April
2023 Cash flows
At 31 March
2024
Cash at bank and in hand
Bank overdraft8 repayable on demand
Debt due within 1 year
396,400
(50,104)
(22)
(94>
346396
122)
(6,075)
15,9811
390,419
(50,220)
340,199
Page 39

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
26. Pension commitments
The Charity operates a defined contribution pension scheme. The assets of the scheme are held
separately from those of the Charity in an independently administered fund. The pension cost charge
represents contributions payable by the Charityto the defined contribution scheme fund and amounted to
£35,210 (2023.. £35,434). Contributions totalling £5,857 (2023.. £5,981) were payable to the fvnd at the
balance sheet date and are included within creditors.
27. Operating lease commitments
At 31 March 2024 the Company had commitments to make future minimum lease payments under non-
cancellable operating leases as follows:
As restated
2023
2024
Not later than 1 year
Later than 1 year and not later than 5 years
18,980
8,495
4t,070
27,475
27,475
68,545
The prior year operating lease disclosure has been restated to include an operating lease which had
previously not been included. The expense in relation to operating lease rentals has also been restated to
in¢lude this lease.
The following lease payments have been recognised as an expense in the Statement of Financial
Activities..
As restated
2023
2024
Operating lease rentsls
41,070
32,576
28. Related party transactions
During the year, Trustee M Straton was paid £5,901 (2023: £6,005) in relation to her work as Agency
Decision Maker. £3,045 (2023.. £593) remained payable at year end.
During the year, Trustee J Jansen was paid £617 (2023.. £525) in relation to her work as an Independent
Panel Mernber. £Nil (£2023: £Nil) remained payable at year end.
During the year ended 31 March 2018, the Charty invested £10,000 in Skyrocket Partnership. This is a
joint venture arrangement but equity accounting has not occurred on the basis that the Charitys share of
the net income is immaterial. An impairment charge of £5,000 was recognised in the year ended 31
March 2021. This was reviewed in year and a fvrther impairment charge of£939 was recognised. Please
also see the following post balance sheet events note.
Page 40

COMMUNITY FOSTER CARE
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENrs
FOR THEYEAR ENDED 31 MARCH 2024
29. Post balance sheet events
The Charity wthdrew their investment in the Jolnt venture arrangement, Skyrocket Partnership, with the
decision being made prior to the year ended 31 March 2024 and the proceeds from the withdrawal being
received in April 2024. This has been refflected wthin the financial ststements as an adjusting post
balance sheet event with the disposal of the investment on the balance sheet and recognition of the
proceeds from sale of £4.061 withln other debtors at the balance sheet date.
Page 41