Cumbria Family Support Ltd IA company limited by guarantee) Cumbria Family Support Eirence for cbiidie Annual Report and Financial Statements 31 March 2024 Company registration number: 04151545 Charity registration number: 1085861
Cumbria Family Support Ltd Contents Reference and administrative details Trustees, report Trustees, responsibilities in rèlation to the financial statements Independent examiners report Statement of financial ath'vites Balance sheet 10 Notes to the financial statements 11
Cumbria Family Support Ltd Reference and Administrative Details Charity name Cumbria Famity Support Ltd Charity registration number 1085861 Company rngistration number 04151545 Principal office Theoffi Mardale ROJJ PENRITH CA119EH Registered office The Office Mardale Road PENRITH CA11 9EH Trustees C Renouf, Chair D A Metcalf K Morland P Harrington. Treasurer A Buckley Drv Young ADSH (Resigned 18 October 20231 Revd M Edw8rds S Walker W Mcculloch S S L Mccabe (Resigned 12 October 2023) Chlef executlve officers D Royston (Resigned 31 Dernber 2023) (Appointèd 1 January 2024) L P Buckle Secretaries D Royston (Resigned 31 December2023) L P Buckle (Appointed 1 January 20241 Accountant Stuart 08ke Limited Suite 8 Curnbria House Gitwilly Road Gilwilty Industrial Estate PENRITH CA119FF Page 1
Cumbria Family Support Ltd Trustees. Reportfor the Year Ended 31 March 2024 The Trustees present their report and financial ststements for the year ended 31 March 2024. Th8 financial ststements have been prepared in accordance with the accounting policies s8t out in notes lo the accounts and comply with the Charity's governing document, the Charities Act 2011 and accounting and reporting by charities. Statement of recommended practice applicable to charitES preparing their accounts in accordance with the financial reporting standards applicable in the UK and Republic of Ireland IFRS1021 leffectN81 st January 20211. Structuro. Governance and Management Structure The organisalion is a company limited by guarantee and registered as a Charity by th8 Charty Commission. Governan The organisation is ovetsè8n by a Management Board which con515ts of the Trustees (who ar8 also company dir&clors} and staff representatives. Only the Trustees can vote at Manag8ment Board meetings with Ihe remaining m8mbers acting in an advisory capacity. The M8n8gement Board meets every eight wèèks with decisions taken collectively although they do not hav8 to b8 unanimous. The Chair of Truste8s has delegated power to work wrth the Chièf Executive Offir bèfv4&8n Board Meetings when time Constraints require decisions to be taken. Whenever possible this will be done in conjunction with the Vice Chair and of Treasurer. All d8cision$ tsken in this manner are ratified al thg next Board Maaling. There shall be a minimum of three Trustees but no maximum. At each AGM a third of Twstees ar8 required to retire by rolalion. The Chief Executive Officer is also the Company Secrelary. Mana The Chief ExecutSve Officer is in ope.rats'onal control over all the ackn'vits'es of the Charity this includes dealing with all fijndraising and grant applicaknons and monrtonng. Support is provided by the Business Manager who deals with administration, training and finanS as wèll as 8 Team Leader who manages operab.onal staff and has oversight of all cas8work and activities. Assistance is provided to the management by the Chgir and other Trustees on specific areas of experts'se such gs voluntèèr training, finance, media relations. recruitrnent. policies and contract m88tsngs. Risk Ass&ssme It is important to remain proactive with fundraising in order to mitigate the risks of highly competitive grant making processes. The Charity has in place a 3 year funding plan and an up to date, diverse pipeline of polentsal funding opporbJnities for 2024-2027. The Charity employs a part lime Volunteer Coordinator who leads the volunteer recruitrnent and is responsible for delivering the CFS, volunteer strategy. This appointment has increased our recruilrnent especially with skilled volunteers across the area in which CFS operates. The Trustees contnue to ensure there is a clear plan going forward that will have a staffing and system structure that will support our development and growth. Objoctlvfrs and A¢tÈvities Ob'ecb'ves The Charity's objects are". To reliev8 families in Cumbria with Children who are in oondifr.ons of need, hardship or dislrnss.. Page 2
Cumbria Family Support Ltd Trustees. Report for the Year Ended 31 March 2024 Activities In order to meet these objectives, the Chanty undertakes the followng actiwties: Providing practical and emotional support to families in their own homes through assistance offamily support workers and volunteers. Providing a range of accredited parenting support inteNentions. infomed by evidence based programmes on an individual basis. Provision of the Eden, Carfisle, Kendal and Alerdale Supported Child Contact Cèntres. Providing a safe neutral venue for supported contact between children and their non resident parent or grandparent. We have also provided individual work wtth children to find out from them what it is like to live in their world and what they would lik& to change. This work has been instrumentsl in inctuding the child's voice in the way we work with parents in achieving positive outcomes for children. Keeping all of our work child focused and evidence the outcomes for children and young p80pIe. Achievements and Perfomiance During the year the Charity has provided Contac Cen We have run contact sessions fothighty in èach of our four ntre$. We have received 46 new referrals and supported 41 families across the year to maintain contsct beeen non resident parent and child. Delivered over 600 hours of Contact Centre sessions. Trained and supported 13 contact centre volunteers. Communi Famil Su ort Service Supported ov&r 800 chiklran. young 0p18 and pants in over 280 families. Delivered 3600 hours of famity support servIs. Delivered 80 hours of direct Parenting programmes with familiès. Trained and supported 35 family support voluntsers. Pathershi and Stra The Chief Officer lg.. Co Chair of CYP Voluntary Sector Reference GroLP. A member of County strategic Early Help Group. The Voluntary Sector representative on the Children & Families Partrjership (County) and Chairs the Eden Locality Group. The Voluntary Sector representattve on the County Children's Safeguarding Partnèrship ICSCP). A member ofthe CSCP'S North Safeguarding Review Group. Chair of Carltsle and Eden Practitioner Forum. Member of Allerdale. Carlisle and Eden Earty Help and Famity Support Panels. Actively involved in the rollout of the updated Threshold Guidan. A member of Diocesan Safeguarding knisory ParEI. A new Chief Executive Offir was apwinted in January 2024 with over 20 years experience in the County's Charty sector. The appointrnent will focus on strategic development and building key partnerships. Stsff and Volunteers We have recruited new Trustees to ensuring the Board has the right Skill set to provide effective g0veman. Continued to recruit and train new volunteers to sustain our datsbase of 40 plus volunteets. Continued to support staff and volunteers in their development by providing high quality training both externally and in house. Provided 4 Social Work placements for Students from the Universtty of Cumbria. Continued to WO in partnership with Ihe county's Parent Carer Forum "SENDAC" Special Education Needs Alliance Cumbria. We are the host for SENDAC and have begun to closely work with them to assist in their continued growth and delNery. Page 3
Cumbrta Family Support Ltd Trustees. Report for the Year Ended 31 March 2024 4. Flnanclal Review Income The movement during the year can be summarised as follows.. Income 2023 National Lottery Community FUTh Other grants SENDAC Finance Carlisle Youth Zone Partnership Children in Need Income 2024 360.254 {75,9451 8,948 21.634 28,365 127,8721 315,384 Funding obtained for the 2023-24 y8ar included grants from Allerdale GOF Cornmunity Partnership, Bai18y Thornas Charitable Fund, Cumbria Community Foundation, Francis C Scott Trust, Hadfield Trust, Hènry Smith Charity, Kelly Family Charitable Trust. Muckle INE Community Foundatson). Buckland Trust. Alongside this was a further year contract with both Cumberland Council and Westrnorfand and Fumess Council ft>r targetèd Tramily support. b. Ex enditura The movement during the year can be summarised as follows.. Expènditure 2023 Staff costs SENDAC costs Group and families, exn5•S Other expenses Expenditure 2024 320,792 75.274 12,268 (11,5911 9,232 405,975 Wages and salaries and pension costs havè increased due to the employment of a Team Lead8r and additional Family Support Workers in the year as part of the strategy to meet demand for Ihe Charity's services and to mak8 use of the Charities reserves. Employment numbers have remained the same as part time posts have been replaced by full time posts. Increased SENDAC costs a fully funded as noted above. c. Reslriclèd Funds The reslricled fiJnds cover a range of Family Support and Contact Centre delivery across the three districts of Carlisle. Eden and Allerdale. In addition. funds held on behalf of SENDAC are treated as a restricted reserve. d. Total Fun The lolal fvnds have decreased by £78.895. 6. Reserve6 The Charity's policy on reserves is to hold at a$1 three months running costs in free reserves. Free reserves are calculated using the unrestricted funds and making allowance for any potential closure costs. These potential closure costs amounted to £33.494 at 31 March 2024 and these fiJnds have been designated as a contingency fund. Free reserves at 31 March 2024 were £122,851 representing approximately four months, running costs. Page 4
Cumbria Famity Support Ltd Trustees, Report for the Year Ended 31 March 2024 6. Trdining Staff and volunteers have tsken part in the CSCP andlor Council fiJnded courses indJIng. Domestic Abuse Child Exploitation Neglect Paediatric Fitst Ak Signs of Safety Reduced Parental Conflict Early Help Safeguarding (fomal courses, briefing and the annual County Safeguarding Practice week) Staff members atso attended the Practitioner Forums. We continue to hold Practice Developmènt meètings to keep up to date with current practice and legislation, and support these wilh the implementation of our Quality Standards. staff and volunts8rs have attended trainirvJ in Famity Links Parenting programmès, fvnded by Eden, Carlisle and Allerdale Local Committees. We have delivered in house training in relation to improving our support offer to harder to help families, in lation to learning difficuftiesldisabilities and ADHD. Staff have also attended other extemal courses for OLrtcome Stsr and NACCC Coordinato¢s refreshèr training. 7. Volunteers Approximately 30 homè-based support volunteers matched at any one time @2.5 houts x 40 weeks provided the organisation with 3000 hours of supporL We have also delivered over 600 hours of Contsct Centre sessions. eath Ing supported by volunteers. Trustses have attended Board meetings each lasting 2 hours and held every 8 weeks plus supportèd othèr evènts (AGM, Development Sessions, Recruitment ofstsff et¢). This woukl equate to Trustees provtding the Board with over 200 hours of expertise and govèmance. 8. Future Events The Charity is now in a single year contract with the tsvo new Local Authorities in Cumbria with a ftjrther years extension 8greed until 31 March 2025. The Charty continuès to see the incre8se in referral rates and the complexities faced by families. Consequently, CFS will be working with the University of Cumbria to develop a Theory of Change document which define5 need and our aims to ensure we continue to focus on our strengths and deliver transfomiational impact. The Charty continues to work in partnership with other organisations, specifitslty developing work and outreach projects which support the aims of Cumbertand Council and Westrnorfand and Furness Council's Family Hubs. 9. Going Concem The Charity is in a positive financial position. We have secured suffiuent fvnding to meet its current commitrnents for this financial year, and meet its reserves policy plus winding up costs. However, we are mindfvl that we need to continue to secure fijnding to deliver services from 202&2026. Although funding is secured towards some of this without further successful funding bids we vUld deplete our reserves below the reserves policy. Vve are acutely aware that the Local Govemment Refom in Cumbria could have some implications for some of our income, but to dats we have been reassured by the continued contract albeit not split across the new Local Authorities. Therefore, these accounts are prepared on the going concem basis. Page 5
Cumbria Family Support Ltd Trustees, Report for the Year Ended 31 March 2024 Small Company Provisions This report has b&en prepared in accordance with the small companies regime under the Companies Act 20C6. Approvèd by the Board and sHJned on its behalf by: C Renouf Trustee Datè.. Page 6
Cumbria Family Support Ltd Trustees. Responsibilities in relation to the Financial Statements The Trustees (who are also Directors of Cumbria Famity Support Ltd for the purposes of company lawl arè responsible for preparing the Trustees. Annual Report and the financial ststements in accordance with applicable law and the Financial Reporting Standard 102 _ 'The Financial Reporknng Stsndard applicable in the UK and Republic of Ireland,. Company law requires the Trustees to prepare financial statèments for each financial year which give a true and fair view of the stste of affairs ofthe charitable company and of the incoming resources and application of resour5. including income and expenditure. of the tharitable company for that period. In preparing these financial statements. the Trustees are required to: select suitsble accounting poliaes and then appty them corfjistenty; observe the methc4Ys and principles in the Chartties SORP; make judgements and estimates that are reasonable and prvd8nt state whether applicable UK accounting standards have been followed, subject to any matsrial d8partur&s disclosed and Èxplained in the financial ststsments,. and prepare the financial ststements on the going concem basis unless it is inappropriate to presume that the Gharitsble company will continue in business. The Trustses ar8 responsible for keeping proper accounting records Ihat disdose with reasonab accuraty at any time the financial position ofthe charitable company and enable them to ensure that the financial ststements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitablé company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 7
Independent Examinerfs Report to the Trustees of Cumbria Famity Support Ltd I report on the accounts of the company for the year ended 31 March 2024. which are set out on pages 9 to 23. Respective responsibilitiès of Ttee5 and examiner The Trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 as amended by the Charitr'es Act 2022 (the Act) and that an independent examination is needed. The Charity's gross income exceeded £250,000 and l am qualified to undertake the 8xamination by being qualified member of the Institute of Chartefed Accountants in England and Wales. Having satisfied myself that the Charity is not subject to audit under Part 16 of the Companies Act 2006 and is èligible for independent examination. it is my responsibility to= 8xamine the accounts under section 145 of the Acl.. follow the procedures laid down in the General Directions given by the Charity Commission undef section 145 {5) Ibl of the Act,. and stste whether particular matters have come to my attention. Basi$ of Indopondont examlnerfs rèport My examination w8s carried out in accordan with the General Direth'ons givèn by the Charity Commission. An examination includes a r8vi&w of Ihe accounb'ng records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be rèquired in an audit and consequently no opinion is given as lo whelh8r the accounts present a 'lruè and fair view, and th8 report is Simited to those matters set out in the statement below. Indopendent examlnerfs 8tat•mont In connection with my èxamination, no matter has come to my attention- which gives me reasonab cause to believe that in any material respect thè requirements.. to keep accounting records in accordance with section 386 of the Companies Act 2006., and to prepare accounts which aword with the accounting records, comply with Ihe accounb'ng requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Stat8m8nt ol Recommended Pracbce.. Accounb'ng and Reporting by Charib'es have not been met, or 121 to which, in my opinion. attentson should be drawn in order to enable a proper understandirig of the accounts to be reached. Suite 8 Cumbria House Gilwilly Road Gilwilty Industrial Estate PENRITH CA11 9FF Stuart Oake Limited CharteredAccountants ..1.9.1.2.01 Date.. Page 8
Cumbria Famity Support Ltd Statement of Financial Activities (including Income and Expenditure Account) forthe Year Ended 31 March 2024 Unrestricted Restricted Total Funds Total Funds Funds Funds 2024 2023 Note Income and endowments from: Donations and legacK?s Other trading activities Income from investments Income from charitabl8 actwtbes Totsl income and endowments 2.125 8.075 1,228 85.465 96.893 2.393 8,075 1,228 315,384 327.080 11.034 6,160 194 360,254 377,S42 229,919 230.187 Expenditure on: Fundraising tradlng.. cost of goods sold aTrJ other costs Charitsble activits8S Total expenditu 2,520 165,514 168,034 2.520 403,455 405.975 879 319,913 320.792 237.941 237,941 Net (eXnditUre1lincornÈ before transfpr5 Transfers Transfers betsvèèn funds (71,141) (7,754) (78,8951 56,850 (11,019) 11,019 Net movements in funds 182,1eiy) 3,265 (78.895) 56,850 Reconclllation of funds Totsl funds broughl forward Total funds carried forward 238.505 156,345 53.457 56,722 291,962 213.067 235,112 291,962 All of the Charity's activities derive from continuing operations during the above per1j9. The notes on pages 11 to 23 fDrm an integral part of these financial statements. Page 9
Cumbria Famity Support Ltd Company registration number: 04151545 Balance Sheet as at 31 March 2024 2024 2023 Note Fixed assets Tangible assets 12 2.032 2,710 Current assets Debtors Cash at bank and in hand 13 1.350 212,480 213.830 1,129 288,913 290.042 Credltors.. Amounts falllng due withln one year 14 12.7951 17bNJ) Not current assets 211,035 289,252 Net assets 213,C67 291,962 The fund8 of the Charlty: Restricted funds 56.722 53.457 Unrestrlctèd funds Unrestricted income funds 156,345 238,505 Total Charlty funds For the financial year ended 31 March 2024. the Charity w85 entilled to exemptson from audit under section 477 of the Companies Act 2006. 213,C7 291,962 The members have not required the Charty to obtsin an audit of its accounts for the year in question in accordance with section 476 of the Act. The director5 acknowledge their responsibilities for complying with the requirements of the Acl wilh rgSP8Ct to accounting records and the preparation of accounts. These accounts have been prèpared in accordan with the provisions applicable to companies subject to the small companies regime. Approved by the Board on 24th September 2024 and signed on its behalf ty. C Renouf Trustee P Harringlon Trustee The notes on pages 11 to 23 fom an integral part ofthese financial statements. Page 10
Cumbria Famity Support Ltd Notes to the Financial Statements for the Year Ended 31 March 2024 Accounting policies Summary of signfficant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these finanoal statements are set out below. These policies have been consistenly applied to all the years presented. unless otheTrvise stated. ststement of compllance The financial ststements have been prepared in accordan with Accounting and Reporting by Charities: Statement of Recommended Practi* applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) leffectwe 1 January 20191- (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102) and the Companies Act 20r. Basis of Prtrpardtion The charitable company meets the definition of a public benefit entity under FRS 102. Assets and liabilitiès are initially recognisèd at historical cost or transaction value unless otherwisa statsd in the relevant accounting policy notes. Going eoncern The Trustees assess whether the use of the going concem basis is appropriate i.e. whether there are any material uncertainties related to events or condib'ons that may cast significant doubt on the ability of the Charity to continue as a going concem. The Trustees make this assessment in respect of a period of one year from the date of approval of the financial statements. The Charity has sufficient funding for the 20225 financial year. The Trustees have prep8red contirKJency plans if totsl funding requirements are not m8 for the following yèar. Thereforè these aG¢ounts are prepared on the going concern basis. Fund a¢¢ountlng policy Unrestricted income funds ar& general funds that arè available for use at the Trusteès, discretion in rtheran of Ihe objectives of the Charity. Reslricted income fvnds are those donated for use in a particular 8rea or for specific purposes. the use of which is restricted lo that area or purpose. Designated funds are unrestricted funds set aside at the discretion of the Trustees for spècific purposes. Further detsiis of each fund are di%ckJsed in note 19. Page11
Cumbria Family Support Ltd Notes to the Financtal Statements for the Year Ended 31 March 2024 . continued Income and endonents Donations are recognised whèn the Charity has been notified in wril'ng of both the amount and settlement dale. In the event that a donab'on is subject to conditions that require a level of perfomiance by thè Charity before the Charity is entitled lo the funds. the income is deferred and not recognised until either those ondition5 are fully met, or the fulfilment of those conditions is wholly within the control of the Charity and il is probable that these conditions will be fulfilled in the reporting period. Legacy gbfts ar6 recognised on a casè by case basis ft>llowing the grant of probats when the 8dminislralorlexecutor for the estate has communicated in wnling both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a fecognis8d stock 8xchange, recognition is subject lo the value of thé gift being reliably measured with a degr88 of reasonable accuracy and the trtle to the asset having been transferfed to the Chanty. Income from Government and other grants. whethèr 'capital' grants or 'revenL*' grants, is recognised when the Charity has entitment to the fvnds. any Ferfomance conditions attached to the grants havè been mel, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income from investrnents is recognised on a receivable basis. Income from charitable activities includes income recognised as earned las the related goods or services are provided) under contrael. Expondlture Liabilities are recognised as soon as there is a legal or constructive obligation committing the Charity to th8 expenditure. All expenditure is accounted for on an accruals basis and has been classified under heading5 that aggregate all costs related to the category. Costs of 98nerating funds are the costs of trading for fundr8k%ing Purposes. Ch8rit8ble expenditure comprises Ihose costs incurred by the Chgrity in thè delivery of its activitiès and Services for its beneficiaries. It indudes both costs Ihal can be allocated directly to such activibes and those Costs of an indirect nature necessary to support them. Support costs Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example. allocating propetty costs by floor ar&as, or per capita, staff costs by the time spent and other costs by their usage. TaXaOn The Charity is considered to pass the lests set out in Paragraph 1 Schedule 6 of trte Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of Ihe Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively lo charitable purposes. Flxed assets Individual fixed assets costing £100 or more are initially recorded at o)sL Depreciation Depreciation is prowded on langible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected usefvl economic life as follows.. Office equipment 25% on a dUcIng balance basis Page 12
Cumbria Family Support Ltd Notes to the Financial Statements forthe Year Ended 31 March 2024 .. Gonfynued Trade Debtors Trade debtors are amounts due from customers for merchandise sold or seNic&s perfoed in the ordinary course of business. Trade debtors a recognised initialty at the transaction price. They are subsequentty measured at a mortised cost Using the effective interest method, less provision for impairment. A provision for the impaimient of trade debtors is established when there is objective eviden that the Charity will not be able to collect all amounts due according to the original tenns of the receivables. Cash and Cash Equivalents Cash and cash equivalents comprise cash on hand and call depostts. and other short-tenn highly liquid investments that are readily convertible to a known amount of cash and are subject to an insigntficant risk of ¢hange in value. Liabilities Tr8de creditors are obligations lo pay for goods or service5 that have been acquirèd in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Chartty does not have an unconditional right, at the end of the reporting period. to defer settternent of the creditor for at least e1v0 months after the reporting dat8. If there is an un(x)ndOnal rtght to defer settlement for at least e1ve months after the reporting dats. thay are presented as non-current liabiltbes. Trade creditors are recognised initially at thè transaction Pri and subsequonty measured at a mortised cost Using the effective intsrest method. Operatlng leases Leases in which substantialty all the risks and rewards of ownership are retsined by the lessor are classified as operating leases. Rentals payable under operating leases are charged in the Statement of Financial Activities on a straight line basis over the lease tem. Pensions The Charity operates a defined contribubon pension scheme. Contributions are charged in the statemenl of financial aclNilies as they become payable in accordance with the rules of the scheme. Financial instruments Financial assets and financial liabilities are recoJnised when the Charity becomes a paty to the contractual provisions of the instrument. Financial liabilitr'es and equity instruments are classified accordir¥J to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences 8 residual interest in the assets of the Charity aftèr deducting all of ts liabilities. All financial assets and liabilibes are initially measured at transaction price (including transaction costs), except for those financial assets classifièd as at fair value through profit or loss. which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaGlton. If an arrangement conslitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at 8 market rate of interest for a similar debt instrument. Financial assets and liabillknes are onty offset in the statement of financial position when, and only when there exists a legalty enforable right lo set off the recognised amounts and the Charity intends either to settle Dn a net basis, or to realise the asset and settle the liability simulianeousty. Financial assets are derecognised when and onty when a) the contractual rights to the cash flows from the financial asset expire or are settled. b} the Charity transfers to another paty substsntially all of the risks and rèwards of ownership of the financial asset, or cl the Chanty. despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party. Financial liabilities are derecognised only when the obligation specified in the contract is discharged, Canlled or expires. Page 13
Cumbria Family Support Ltd Notes to the Financial Statements for the Year Ended 31 March 2024 . continued Donations and legacles Unre5tri¢tsd Restricted Total Fund8 Total Funds Funds Funds 2024 2023 Donations and legaclos Donatsons 2.125 2.393 11,034 Of the donations and18gacies income in 2023. £10.887 related to unrestricted funds and £147 related to restricted funds. Other tradlng acllvlt188 Unrestrlct•d Restrlctsd Total Funds Total Funds Funds Fund5 2024 2023 Fees charged 8,075 8,075 6,160 Of thè other trading activities income in 2023, £6,160 rélatsd to Un$triCd funds and £nil related to restricted funds. Income from Investments Unrnstrlcted RestrSctsd Total Funds Total Fund8 Funds Funds 2024 2023 Interest on cash deposits 1,228 1,228 194 Of the donations and legacies income in 2023, £194 related to unrestricted fvnds and £nil related to restricted funds. Page 14
Cumbria Family Support Ltd Notes to the Financial Statements for the Year Ended 31 March 2024 . continued Incorne from charitsble activities Unrestricted Restrictsd Total Funds Totsl Funds Funds Funds 2024 2023 Cumbria CC Children's Services Contract Cumbria CC COMF grant Children In Need Grant CAFCASS Grant Other grants National Lottery Community FurKI Henry Smith Charity Francis C Scott Frieda Scott Trust SENDAC Financè Allerdale cost of living project Carlisle Youth Zone Pathership Other 67,050 17,950 12.OC(i 7,500 40,409 67,050 17,950 12,000 7,500 47,509 72,000 39,872 7,500 52,493 75,945 45,000 30,000 2,100 19.376 6,241 7.100 30,01)0 20.000 15,000 10,000 45.000 30.000 41,010 41,010 28,365 28.365 19,000 315.384 19,000 229,919 9,727 360,254 85,465 Of the income from charitable activities in 2023. £134,752 relatsd to unrestricted funds and £225,502 relatsd to restricted funds. Page 15
Cumbrfa Family Support Ltd Notes to the Financial Statements for the Year Ended 31 March 2024 . continued Expenditure Hosting students Famlty Support Services Total 2024 Total 2023 Dlrect Costs Wages and salaries Staff pensions SENDAC Project Costs Staff training Stsff expenses Volunteer expensès Volunteer training Groups and families expen58S Cleaning 268,875 11,134 23,353 268.875 11.134 23.353 195,154 9,287 11,085 1.734 12,277 3.056 322 23,506 390 256,811 14.023 3.325 1,075 11,915 14,023 3,325 1,075 11.915 334,991 334.991 Support costs Employment costs Rent Servicè charges Insurance Repairs and mainten8nce Telephone and fax Office expenses Computer Soare and maintenance ISts Printing, wslage and stationery Mèmbership fees Sundry expenses Travel and subsistenc8 Advertising Independent examiners fee Legal and professional fees Bank charges Depreciation of office equipment 30.033 7.640 2.732 1,804 30,033 7.640 2,732 1,804 198 3,014 4,050 9,130 2,145 750 30.327 6,500 3,504 1,884 132 4,926 2.972 7.864 1.220 1.167 242 211 378 750 879 122 9J3 63,981 3,014 4.050 9.130 2.145 750 5,025 750 319 5,025 750 2,839 2.520 678 68,464 678 70,984 2,520 2,520 403,455 405,975 320,792 Of th& expendrture in 2023. £93,905 related lo unStricted funds and £226.887 related to restricted funds. Government gAnts Income from government grants comprises perfomance related grants made by local authorities to fijnd home based family supporL Page 16
Cumbria Family Support Ltd Notes to the Financial Statements for the Year Ended 31 March 2024 .. continued Governance costs 2024 2023 Independent examinerfs fee Legal and professional fees 750 319 1,069 750 442 1,192 TTUStees' remuneration and expenses Trustees were paid expenses of £nil (2023 - £211) in the year. No remuneration was paid to any Trustse in the current or previous year. 10 Net (expenditiJre)fincome Net lexpenditureifin¢ome is ststed after charging.. 2024 2023 Depreciation of tangible fixed assets 678 903 11 Employees, remuneration The monthly average number of persons (inCI11r0 senior management) employed by the Charity during the year was as follows.. 2024 No. 2023 Ch8ritsble activitses 14 14 The aggregate payroll costs of these persons were as follow3.. 2024 2023 Wages and salaries Othèr pension costs 298.908 11,134 310,042 225,481 9,287 234,768 No employee received emoluments of more Ihan £60,000 during thè year. The key management personnel t£Jmprise Ihe Trustees and the Chièf Officer. The total employee benefits of the key management personnel of the Ch8rity were £40,89112023 - £42.475). Page 17
Cumbria Famity Support Ltd Notes to the Financial Statements for the Year Ended 31 March 2024 12 Tangible fixed assèts Fixturès, flttlng8 and oqulpment C05t As at 1 April 2023 and 31 March 2024 49,497 Depreclatlon As al 1 April 2023 Charge for the year As at 31 March 2024 46,787 678 47,465 Net book value As al 31 March 2024 As at 31 March 2023 2.032 2.710 Page 18
Cumbria Famity Support Ltd Notes to the Financial Statements for the Year Ended 31 March 2024 13 Debtors 2024 2023 Prepayments and accrued ino)me 1,350 1.129 14 CreditoryJ: Amounts falling due within one year 2024 2023 Taxation and social security other credttors Accruals and defèrred income 1,972 790 2,795 790 790 15 Members. liablllty The Charity is a private company limited by guarantee and consequenty does not have share capital. Each of the members is liable to contribute an amount not excèeding £10 towards the asse15 of the Charty in thg event of liquidation. 16 Other financial commltrnents At 31 March 2024 the Charity had ¢ommilments under operating aSeS of £12,518 (2023 - £19,018). 17 Pension scheme Deftned contrlbutlon pension scheme The Charty operates a defined contribution pension scheme. The pension ttjst charge for the period repre58nts contributions payable by the Chartty to the sclwie and amounted to £11,134 (2023 - £9,287). Contributions totsling £1,972 12023 £nil) payable to the scheme at the end of the period and are included in creditor5. Page 19
Cumbria Famlly Support Ltd Notes to the Financial Statements forthe Year Ended 31 March 2024 . continuad 18 Relatsd partles Controlling èntlty The Charity is controlled by the Trustees who are all directors of Ihe company. Page 20
Cumbria Famity Support Ltd Notes to the Financial Statements ft)rthe Year Ended 31 March 2024 .. conbnu8d 19 Anatysis of funds At 1 Aprll 2023 Incoming resources Resources expended At 31 Nlarch 2024 Trdnsfers Designated Funds Contingency FUTr 49.259 115,765) 33,494 Gèneral Funds Unrestricted income fund 189,246 96.893 1168,034) 4,746 122,851 Restricted Funds Carlisle & Eden Horne Based Family Support Fund Allerdale Home Based Family Support Fund EJen Lontsct Lentre Fund Carlisle Contsct Centre Fund Kendal Contsct Centre Fund Development FUTr SENDAC Finance Allerdale Contact Centre Fund 77,050 (77,050) 4,787 69,127 (72,3Crtl) 1.614 2,500 15,883) 3,383 2,5(NJ (6,239) 3,739 2,500 35.500 41.010 (6,3971 128,35n 133,378) 3.897 1,022 39,311 8,185 8.337 53.457 18.33n 237.941 230,187 11,019 56.722 291.>S2 327,080 1405,975) 213,CÉ7 The Home Based Family Support Fund represents funding reIVed specifically to fund sal8rie5 for staff engaged in home based family support in Carftsle and Eden council areas (now Cumberfandlwèstrnorland & Fumess from 1 April 2023}. The Eden Contact Centre Fund represents funds received from NACCC (National Association of Child Contact Centresl for the provision of the Penrith Child Contsct Centrè. The Allerdale Home based famity support fijnd represents fvnds oblained to run the home based fami support service in the Allerdale council area (now part of Cumberfand Council area from 1 April 2023). The Carfisle, Atlerdale and Kendal contactcentres are funds receNed to run contact centres in those locations. SENDAC (Special Educational Needs Aliance Cumbrial Finance represents funds held to support the SENDAC project The development fund relates to funds received from various sources for llnprovement of tracilities. technology, training and volunteer re¢ruilrnenL Page 21
Cumbria Family Support Ltd Notes to the Financial Statements for the Year Ended 31 March 2024 . conts'nued Prior period At 1 Aprfl 2023 Incomlng resources Resources axponded Trdnsfers At 31 March 2024 Deslgnated Fund Contingency fund Genèral Fund8 40,939 8,320 49,259 Unreslricled income fund 150,180 151.993 193.9051 19,022 189,246 Restrictod Fund8 Carlisl8 & Eden Home Based Family Support Fund Allerdale Home BASED family Support Fund Eder) Contact Centre Fund Carli51e Contact Centre Fund Kendal Contact Centre Fund Development Fund SENDAC Finance Allerdale Contact Centrè Fund 129.105 1129,1051 3.899 37,702 2,500 2,500 2,500 22.239 19.376 9.727 136,8141 {5,4661 16,8051 5.391 {21,217) 120,1591 (1,3901 4,787 2,966 4,305 3,431 1,022 39,311 8.337 40,094 43,993 225,649 (226,8871 10.702 53,457 235.112 377.642 1320,792) 291,962 20 Transfers The Contingency fund has been included to reflect the potential liabilities the Chanty has regarding closing down costs. Funds have also been allocated to the running of Ihe Eden. Carlisle and Kendal Contact C8ntres. Page 22
Cumbria Famity Support Ltd Notes to the Financial Statements for the Year Ended 31 March 2024 . continued 21 Net assets by fund Unrestricted Funds Restricted Funds Total Funds 2024 Totsl Fund5 2023 Tangible assets Current assets Creditors.. Amounts falling duè within one year Net assets 2.032 157,108 2,032 213,830 2,710 290.042 56,722 12,795) 156,345 (2,795) 213,C67 (790) 291,962 56.722 Prior pèriod Unrestricted Funds Restricted Funds Total Funds 2023 Total Funds 2022 Tangible assets Current assets Creditors.. Amounts falling due within one year Net assets 2.710 2,710 290,042 1790) 3,613 232,389 1790} 53,457 (790) 238,505 53,457 291.962 235,212 Page 23