Charlty r•gi$tratlon number 1086774 (England and Wales) Company regl$tratlon number 04075624 TAKE A BREAK WARWICKSHIRE LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
TAKE A BREAK WARWICKSHIRE LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees Vanessa Gaskin Lésley Hines Laura Swanbjrough Tefesa Sargent Robert Evans S6cretary Samantha Tysoe Charfty number (England and Wales 1086774 Company number 04075624 R•gl$t•r•d offlco Phoènlx Hcse 343 Bedworth Road Longford Cov8nlry CV6 6BN Audltor Sumer Auditco Limited The Beehlve Beehlve Ring Road London Gatwick Alrport Gatwick Unlted Klngdom RH6 OPA
TAKE A BREAK WARWICKSHIRE LIMITED CONTENTS Page Chalrman's slatement Trustees, report Statemoni of tru$t8es' responsibililies Independent euditorfs port 10-12 Statement of financial actlvltles 13 Balance sheet 14 Staternent of cash flows 15 Notes to the financlal slatements 18-24
TAKE A BREAK WARWICKSHIRE LIMITED CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 l am ljelighted to once again have the opportunity to present my report as chair of Take-a-Break Warwickshire. It gives me the opportunity to r8fl8Ct on th8 continuing progres8 and developments we have made in 2023124 and to highlight some of the key achlavémenls th& organisation has once again delivered. After a few difficult years for Take•a-8reak, 2023124 has been a year for growth and development - deliverlng more and bettèr sèrvices as outlined later in th8 report and an Improved f5nanclal position. Congratulatlons to everyone who help8d deliver this fantastic achievem8nt. Tho real key to dèllverlng the hlghquallty servlcas that our Customers want need. and value is to ensure Ihal we listen to. learn from. and Involve our custom8rs In th8 design and delivery of services. I believe Ihal, as an organisatlon, we have taken slgnSficant strldes In Involvlng our customers In the d8sign and delivery of our s8rvices. We have changed the way we Involve and consult our customers. and as a result. our services are better and more r8necl the needs and wants of our d18nls. Genuln8 co- production Is a way of doing it. but we are Committed to Involvlng and 8ngaglng all our custom8rs In running and dellverlng our services. There is more to do. yes, but we have made huge slrldes Ihls year on this partlcular journey. Of p8rtlcular note Is the work thal has continued pace wilh our Adult Customer Representative gioup. They hav ntinued io attend our board me8tlngs, freely giving Iheir views and suggestlons and helplng us lo Improve and shape the servlce we offer at TABLO. We couldn't have moved the Servlce fOard wlthout their Involvemént. and I Ihank them for thelr support, Our next step on this joumey towards real c(>productlon wlll b8 to 8UPPOrt a member of this group becomlng a full trustee on Ihe Board. 2023124 has been 8 year of growth, and couplad with good financlal governance, the organisatlon has built on Its strong financial position. wilh a surplus of £ 130,965 in the year, This underplns the abllliy of Iha organisalion to dellver 8lgnificant grovrth in services and to broaden its offer, Including the introductlon of a day Irip programme and the expansion of our short OV8rnighl breaks offer. Here at Take-a-Break, we reali88 that the succe3s of our 810ry is based on tsvo things: Firslly the real Involvement of our customers and secondly Ihe strength of our siaff. Without the outstanding, hlgh- quality staff we are fortunate to have, we most definitely would not be able to dellver the amazing seNices we do. Our commltment to our staff remalns constant, and re¢ognl$lng the Importance of retslnlng and recrulllng our high- quallty staff, we are committed to ensuring that we have the ablllty to keep paylng staff above mlnlmum w8ge levels and offerlng pay awards that mean we ramaln ¢ompotltlvé In the local èmployment market. Bulldlng on thè success of last yeaS first staff Reward and Recognition evenlng. a s8cond event -blggor and better was held at the Grlff and Coton Club In Nunealon, which once again proved lo b6 a huge success. Agaln. thls is an opportunlty to recognise and cèlèbrate the outstanding achievements of our staff, who work tlrelessly to ensure the customers at Take•a- Break rec8lve the besl possible service. Once agaln, It was truly humbling to meet so many staff, to haar of their successes and to hear in their own words and Indeed In the words of our customers lust what outstanding wk they are dolng. Once again, I would like lo take Ihls opportunlty lo Ihank each and every one of you for the outstanding work you are doing. Thank Youl I would a130 Ilke to lake thls opportunity to thank Ihe Trustee8 for all thelr hard work and support.11 Is vltal for strong governance to have a commltled board of tTUStees who will ¢hallenga where necessary but be supportive and h8lp drivo the organlsallon's strategy. Thank you. I know that coupled wlth the support of the Board and Ihe Adull Customer Reprasentatlve Group. tha organlsation's governance is in safe hands. I look forward to another $u¢¢essful year in 202412025 when I know we will offer more and belter services, invest in our Slaff, and continue to deliver the high-quality services that Take-A-Break is nown8d for. Teresa Sargent Chalr of Trustees Date: 9 December 2024
TAKE A BREAK WARWICKSHIRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Iruste8s present thelr annual rèport and financlal statemènts for the y8ar ended 31 March 2024. Since the company qualifies as small under section 383, the stralegic r8POrt required of medium and large companles under The Companies Acl 2006 (Strdtegic Report and Director's Report) Regulation 2013 is not qulred. ObAecllv?¥ and a¢tlvitle8 Thé company's Charitab oblectives are: The provision of respile Ca for childn and adults who are elther dlsabled or life Ihreatened. Take A Break offers a wide variety of aclivilies and support kjr Ghlldren and young people wlth a dlsability or life- threatening illnéss from blrth lo 18 years of age. We also provide support for adults wlth a learning disability up to age 65. We aim lo provlde a wlde range of actlvitles based on Ille skllls to our Customers, all within a safe, friendly and relaxed environment. The trustees have pald du8 regard to guldance Issued by tha Charity Commission In doddlng what actlvltles the charitable company should undertako. Achlevemont$ and p•rformanca Significant activities and achievements against objeclives Tho oar A Year of Vlslon, Strategy and Growlh Th18 past year al Take-a-Break has been defined by grovrth and transformation. W8 focused on refining our vision and allgnlng our Strategy with the evolving needs of our community. Thls year. we Inv8sled time and r8sourc8s into Ilstenlng and responding to feedback, understanding our cts5tomers' Journeys. and planning improvements that matter. Reflecling on thls year, It Is clear that our focus on vlslon and strategy ha$ laid tho foundation for a strongèr, more connecled future. We look fop*vard to bullding on our achlevements and supporting our communlty. Throughout the year, we have Bctlvely Ilsténed to our customers to gain a deeper understandlng of their experiences, challenges. and the crlllcal Issues they encounter whll8 accessing our services. By regularly engaging wlth customers, famllles, and staff through representative groups and seNi¢e-wide quality audits. we have gathered invaluable Inslghts Into the real experlences of our customers. This has enabled us to create a significant and meanlngful impact. Thls annual review is a reflection of vthat our support and services have meant to Individuals, families. our staff team, and our broader community in 2023-2024. Samantha Tysoè - Dlrector Measurln our achlev erfor During 202&24, we reached 136 children, 107 adults, and 243 parents and carers. Wa remain commllted to achieving better oulcomes and positive futures for our children arKI adults. We have contlnued lo explore gaps In service provision and develop new service models. Our work is life changing for many of our customers and thelr families, and we are a vilal lrfeline for families, helping lo keep larnilies togelher and pven{ing them from entering the formal care system.
TAKE A BREAK WARWICKSHIRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 rvic• Fl nd Stalistlc8 31103/2024 80,020 (custom8rs 237) 3110312023 70,994 (customers 243) 31103/2022 66,861 (custorners 255) 31103/202t 44,328 (customers t46) wwem lfferenco About US W8 are a grassrools charity thal has been In operatlon for over twenty-ei9ht years, our purpose Is to support chlldren and adulls wlth disabilities, from blrth to sixty-five, including customers with complex support and health needs. All of our seNices ar8 tailored to each Indlvldual's requlrements, ensuring Ihey are co-produced and provide opportunltlès for Individual growth. What We Do We provlde support through our local community-based 90Nice$, whlcj) are based In local community centres. as W811 as OUT overnight short break programme. Our typical activity programs include specialist sensory groups, targeted aclivily groups, as well as arts and physlcal activities that encourage participation and engagement, We also offer adult 5ervl¢es, such as TA8LO, the Take-a-Break Lllo Opportunliles programm8, which offers speclflc site-based activities, a communlty hub. and individual support, as well as volunteefing and work placemenl opportunbtles. Beyond Support In addltlon to offering direct support, we provide a range of addlllonal free activllies that our Customers and thelr famllles can access together through our charitable activllles and donatlons. Our Portner8 We ¢ollaborale with local aulhorltl8s, hoatthcare providers, local Schools. colleg68, and unlversitles to dellv8r our services and recruil, train, and develop our staff team. How W•'r• Funded Local Aulhorilies or Direct Payments directly fund many of our servlc88. whlle our addllional activity programme relies on ch8ritable donallons. Custo r succes¥ Maklng connectlons The development of our Ovemlght Short Break Program has allowèd us to successfully dellver thr88 ovemlght stays for our Chlldren's Servlce, We also organised our firsl-midweek brèak for Adult SeNlce custom8rs. vtho accessed an action packed week at Butllns In Minehead. This opportunity has brought tog8th8r customers from Warwickshlre and Solihull who would not have olherwise had the chance lo meet. Shaplng lh• future The program has expanded indivldual friendship groups. developed shared experiences, and increased support for one another. As a result. two of our young people are planning their services jointly and hav6 shared that Ihey have benefited from knowing they are not alone. This program has enriched thèlr soclal lives. dev81op8d stronger bonds that extend beyond the breaks themselves.
TAKE A BREAK WARWICKSHIRE LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Adu t Servlce HI hll hts In April 2023. we proudly launched our TABLO Adult Hub Service, providlng our customers with expanded options and Increased flexibillty to plan and ch0058 their support. Opllons included the Day Service, our Dew Community- Based Hub Service. Increased Individual Support servlce (avallable at home or In the cornmunity), the Overnlghl Short Break Program, and a range of Additional Adlvlty Programs. Thé TABLO Hub Adult Servlce has marked a significant step in providing our Customers wlth meaningful choices and great8r ind8penden¢e. all¢)wlng them to shape their support in ways that improve thelr quality of Ilfe. Throughout the year, this personalised approach was welcomed by our customers. as evidenced by tha folls)wlng cholcès when bulldlng their own 8UPPOrt plans. 22% ¢hoso the overnight short break service 33% chose to acc8SS th8 actlvlty day trlps 47% chose to access individual support 92% chose to acc688 our group aCtitIeS dr•n'8 s•rvlce hl hll ht We provided one hundred and forty children with access to regular veklY s8ssSons In our Saturday and Sunday groups, as well as speclallst holiday activities available seven days a weak. In addltlon. we offered overnlght short breaks and a varlely of addlllonal trips and aclivities. Throughout the year, Ihls personallsed approach was welcomed by our customers. as evldenced by the following choices when building their personalised servlc8 plan. 13% chose the overnight short break servlce 24% ¢hose to access Ihe activity day Irip8 12% chose to access Indlvldual support 97% chose to access our group a¢tlvltles During each school hollday period. our support way available seven days a week In our Chlldren's Servlce. W8 offered ¢ommunlty support based acros5 seven Gommunlty ¢enters, worklng In three local authority are8. A varled range of targeted and speclallst group support was available for customers to access aged from 5.19 years.
TAKE A BREAK WARWICKSHIRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 ura D•v• mènts strataglc Pf lorlty 1 Plan sustainable 10% growlh. Identify new buslness opportunilies. and devèlop collaboratlvè partnershlp worklng: Increase and maximi$e our 8lle-ba$èd dellvery opportuniti8S In each service area, wilh expanding IlIdaY, weekend provision to all ages In Ilne wlth OFSTED, CQC guidelines Continue to r8spond to referrals and buihj on our ex5stlng capacity to respond to the local markelplace Contlnue to strengthen and build our adult $ervl¢e8 In South Wanfylckshlre & Sollhull, promoting services wlthin local colleges and sch¢)ols Launch Adult seNlce TABLO Hub from Hattérs space from 1st Aprll 24, Increaslng our communlty engagement and provlde Increased places Incr8as8 th8 number of overnight Short break Opilons to Include more speclalisl and target activltles lo reflect our customer base Increa8e wr Adult Independent living seTvi¢os mln line with CQC reglstr8tion D8v8lop TA8 and HAF prdect fundod placè$ across all childran's servlce areas, x 3 per year at Easter, Summer and Chrlstmas Strateglc Prforlty 2 To ensure we ¢ontinue to prlorhise Ihe developmenl of our Workforce and shape our future, ensudng our staff has the right skills, values and diversity, and expeTiencg lo meet the evofvlng needs of our customers: Issua nthi staff contracts Aprfl 2024. offerlng Increase flxed conlracts to support a more structured workforco that can meet thè needs ol our cuslomars and growlng sèrvlces Maintaln above natlonal mlnlmal wage rates. arKI inflationary pay increases to support with staff retentlon rates Support our RP leaders and offer fixed RP rolas from April 2024. providing carer progression and continuous dgvelopment opportunities Bulld on staff reward and recognltion events, and look 8t loc818nd national accraditation programmes, Sunday Tlmes best places to work for 2024 Inc*ase slaffing by 1 OOA . uslng volunte8rlplacemenVapprenliceship opportunlties Set stsff classroom training dates for 202412025 and review the eLearning program to provid• a block annual training programme, that provides staff wllh flexlblllty Offer administration volunteer placemenl opportunities dlsabilily confident employer status Strateg1¢ Prlorlty 3 To ensur8 remain fit for purpose and develop our Rlsk Managemenl, focusing on aclivily planning to improve outcomgs for our custom8rs and their farnllies and deliver th8 highesl q1181ity S8rvic8S'. Hettle Andiews OTganisational risk review and 12-month Implementatlon plan Complele on-slle and communlty-bas8d reviaw of risk managèment Improve our customer's health & well-being, by reviewing the range ol support offered and managernenl of key risk areas including positive behavlours, medication, and health risks Promote improvemenls in ¢uslomers' health & well-beSng, develop independence and reduce health inequalities by increasing Ihe range of physical activities within programme
TAKE A BREAK WARWICKSHIRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Stratoglc Prlorlty 4 To successfully market the service to existlng and new Customers and within the wider market., Launch of new TAB webslte Increas& social media engagement at local club levels Provlde documents in an easy read formal Attend local networklng events. CQC registered managers forums Strat•glc Prlarlty 5 8oaTd of Trustees". Recruit new trustees and specfflcalty target customers and carers with Ilved experlences to take the lead role as a customer and carer repiesonialive lo makè s m8anlnglul conlribulion and bulld stronger Ilnks and relatlonships with our customers and their earers. To Incrèasé and dèvelop th8 exisling trusteè's roles and responslbllltles and support wlth specific activllles in finance, sodal m8dia. parent and carer consullalion, and to develop and increase donations and fundralslng opportunlties. Flnanelal revlew Flnanclalhl hll hts We malnlalned a stable financial posilion with us continulng to bulld upon the successes ol the prevlous flnanclal year, achieving a yearond surplus of £130.965. We successfully responded to Incr8ased demand for our servlces and exceeded our 10% growth target for hours dellvared, We increased temi lime and hollday groups, expanded our ovemight short break8 offer and introduced an excltlng day Irip programme. whlch contrlbuted to an overall 19,4Qh increase in income. Totsl expenditure rose by 25.8%, primarily due to an addition819.026 hours of service requiring mor8 staffing 8nd resources, and a commitrnenl lo pay our slaff above mlnimum wage. Inflationary impa¢ls a¢r08s exp8nditures contrlbuted lo the incr8ase, with us seelng a slgnlficant rlse in energy bills. Wilh vnrestrlcled funds meeting reserve policy, substantial rainvaslments In activity r8sourc6s and equlpmènt we achievable across the organisation, togelher with stTategi¢ expendlture on compliance review, enhanclng our provision and strengthenlng the organisation. Moving forNard we aim to continue this momentum, fo¢u8 on 8UStalnable growth and praseni8 our r881118nt flnanclal position. Our donatlon8 Donatlons were Increased by 104% in the last financial year wlth total funds of £3.884. £1.665 was recelved from Headlam, a company based in Coleshlll £1.110 wes raised by a staff ¢harlty fun run In Tamworth £500 was received from a local dance group bas8d in Nuneaton £300 received from Excel Motors based In Coventry The remalnlng donations wer8 roceived from our local communStl88 and have been used lo fund our addlllonal activity programme. All donatlons remain vilal for us to be able lo provide benefit to our services through addilional re50urrKs, actl¥ity equlpmenl, and experiences, both aGross our bullding-based support and community-based sessions.
TAKE A BREAK WARWICKSHIRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Going concem Golng conGorn After making approprlate enquiries, the trustees have a reasonable expe¢talion that the company has adequate resources to ¢ontinue In op8rational 8XiSt8nce for the foreseeable future. For this reason they conlinue to adopt the going concern basls In preparing the financial slalemants. Further details regardlng thè adoptbjn of the going concem bas1$ can be found in the Accounting Policies. R&sen/es policy The Board of D1ClOrS has examlned Charily's requlrem8nts for res8rv8s in light of the maln rl$k$ to thè organlsation, needlng resorv8S to meet reduced Income or Inablllty to meet full cost recovery. Take-A-Break has established a pollcy. whlch states that the charity should wowk towards a reserve of slx months of unrestrlcted expenditure. We conllnue to WOTk towards maeling thi5 level of re3ep48 funding. Major risks Rlsk Factors The risk reglsler Is r8viewed annually. External rlsks Include a malor rellance on statutory fvndlng whlch Is Involces In arrears. The reserves policy 1$ a key element In the management of finan¢lal r18k. stru¢tiir•i governance and fflanagement Constltutlon The organisalion 18 a charliable company No.4075624 limited by guaranlee. incorporalad on 21 September 2000 and registered as a charlty on 25 May 2001. The company was establlshed under a Memorandum ofAssociation whlch established the objeclives and powers of the charit8bl8 Company and Is governed urKler its Articles of Assoclatlon. In the gv•nl of the ¢omp8ny dl$solvlng members are requlred to contrfbute an amount not exceeding £10, The trustees. who are also the dlrectors for the purposè of company law, and who senied during the year and up ts) the date ol signalure of the financlal statements were: Vanessa Gaskin Richard Hairis Lesley Hlnes Laura Swanborough Terèsa Safgent Robert Evans (Retlred 11 December 2023) Recrultment and appointment ol trust88S Recrultment and Appolntment of Tfustèos The Trustees ar8 Directors for th8 PUTpose of company law and charity trustees for the purpose of charity law and under Company's articles are known as Board membets. Under the requlrements ol the Memorandum and Articles of Assoclatlon the members of Ihe Board of Dlre¢tors are ele¢te<l at the Annual G6n6ral Meeting to serve for a Period of three years after whlch Ihey must be re*le¢ted at the next Annual General Meetlng.
TAKE A BREAK WARWICKSHIRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Organis81ional slruclure Structuro and governan¢• We understand that our approach to governance, whlch has clear and measurable objeclives, has b88n critical to another successful year. Throughoul the year, we have worked hard to embed robust governance practlces into our day-to-day operations. connecting strategic decision-making and working lo me8t all standards and regulation8. The Board of Trustees has played a kay rola in fulfilling the charltablè oblectlves and is d8dical6d to malnlalnlng high govemanc8 Standards and consistently improving them. As an organlsatlon, we appreciate thalr Ilme. commitrnent, and the valuable expertise they conlribute to our Board. Workforce Profllo The day-loaY operallons of our sèrvlces aré overseen by the senlor management team, Dlrector, finance director, service manager, rlsk managgr and financ8 manager. wilh guidance and support from a Board of Trustees (5 members}. As of March 2024. we employed 82 staff. A team of Area Leads and Responslble Persons. including, manages the direct service delivary: Adult Services (TABLO): 2 full-Ilm8 posts and 6 part-tlme posts Chlldren's Serrflces Ibuildin9-based support): 5 full-llme posts and 16 part-tlme posls Our sesslonal staffing team comprises of 7 staff on fixed hour contracts and 65 on variablg hour conlracts. Induction and training oltrusl6•s Dlre¢lors' Inductlon and Tralnlng All trustees recelve an indlvldual induction with Ihe Director of the ganIsatIOn and receive an induclion pack whlch includes the roles and responslbililie5 of a truslee. Trustees attend approprlale training events which will enable them lo fulfil thelr role. Audltoi In accordanca with the companvs artlcles. a iesolutlon propolng that Sumer Audit¢0 Llmlted be reappointed as audltor of the company will be put at a General Meeting. The trustees, report was approved by the Board of Trustees. Teresa Sargent Trusts8 9 December 2024
TAKE A BREAK WARWICKSHIRE LIMITED STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The trustees, who arè also th8 diréctors of Take A Break waICkshire Limited for the PUfp(e of company law, are responsible for preparlng the Trustees, Report and the financlal statements in accordanc8 With applicable law and United Kingdom Accounting Standards (United Kingdom Generally A¢¢ept8d Accounting Practice). Company law requires the trustees to prepar8 financial statements for eath financlal year whlch give a true and fair vlew of the state of affairs of the charSiable company and of the incomlng resources and appllcallon of resources, induding the income and expendlture, of the charltable company for thal yèar. In prepafing th8sa financial statements, the trustees are required to: select suitable accounting polici6s and then apply tham consis18ntly', obsebve the methods and principles In the Charities SORP. - make judgements and estimales that are reasonable and prudont., stale whether applicable UK Accounting Standards have been followed, subject to any material departures dlsclosed and 8xplain8d in the financial statements: and prepare the financial statements on tho going concern basis unless 1118 Inapproprlate to presume that the charltable company will continue in opèrali'on. The trustees are responslble for keeplng adequate accounting records thal disclose with reasonable accuracy at any tlme th8 financlal posltion of the charbtable company and enable them to ensure that the flnanclal statements comply wllh the Companles Act 2006. They are also responsible for safeguarding the a86ets of the charftable company and hence for laking reasonable sleps for the prevenllon and detection of fraud and other Irregularltles.
TAKE A BREAK WARWICKSHIRE LIMITED INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF TAKE A BREAK WARWICKSHIRE LIMrrED Oplnlon We have audited the financial statements of Take A Break Warwlckshire Limited (the 'charilable companY) for the y8ar ended 31 March 2024 which comprise the slatement of fman¢ial adlvltles, the balance sheet, the stslement of cash flows and th8 notes to the financial slalements, including a summary of significant accounting policies. The financial reporti framework that has baen applied In their pr8paratlon Is appllcable law and United KinJorn Accounting Standards, includlng Flnandal R8POrtlng Standard 102 The Financial Réportlng S18nd8rd applicable in the UK and Republlc of Irel8nd (United Kingdom Generally Accepted A¢¢ounting Practlco) In our opinlon. the financlal $tatement$.' glve a true and fair view of the stste of the charitable company's affairs as at 31 March 2024 and of Its Incomlng resources and application of resources, for the year thon ended,. have been property prepare(l in accordance with United Klngdom Generally Accepted Accounting Practice; and have been prepared In accordancè wlth the requlremants of the Companies Act 2006. Basis for oplnlon We conducted our audit h accordance with International Standards on Auditlng (UK) (ISAS {UK)) and appll¢able law. Our responslbllities under those standards are further de$¢ribed In thè Audltofs responsibilities for the audit of the linanclal slatements seclion of our report. We are independent ol tha charltabl8 company in accordance wllh the ethical requlremenls Ihat are relevant lo our audil ol the financial statements In the UK, including the FRC'S Elhical standard, and the provisions avallable for small enlities, in the clrcumslances set out in note 19 to the flnancial statements. and w8 have fulfilled our other elhical responsibilltles In accordance with these requgremenls. We believe that the audil eV.enCe we have obtained is sufficient and appropriate to provlde a basis for our oplnion. Con¢luslon$ r•latlng to golng concern In audlting the financial statements, we have concluded that the trustees, use of the golng concern basls of accountlng in the preparallon of the financlal Statements Is approprlale. Based on the work we have performed, w8 have not Identlfi8d any mat8rial uncertainties relating to events or condllions that, Individually or Collectively, may casl slgnlflcanl doubt on the charitable company's ablllty lo conllnu8 as a golng concem for a period of at least tw&lve months from when the financlal statsments are aulhorlsed for issue, Our r8sponsibililies and tho responsibilities of the trustees wlth resped to going concern are doscribed in the ralevant sections of this rep¢yt. Other Inft)rmatlon The other Informalion comprises the Inlormatlon Included In the annual report olher than the financial slatements and our audllor's report Ihereon. The trustees are responslble for the other Infrnation containeri wilhln the annual report. Our opinion on the financial stalements does not cover the other infOtIOn and we do not express any fomi of assurance conclusion thereon. Our responsibility is to ad the other information and. in doing so. consider whether the other information is materially incon5i51ent with the finandal slalements or our knowledge obtained in th8 course of the audit, or otherwise appears lo be materially misstated, If we identify such material inGonsisten¢ies or apparent melerial misslalements, we are required to det8rmine whether this gives rise to a material misstatement in the financial slalements th8ms8lv8s. If, bas8d on the work we have perfomwd, we conclude that th8re is a material misstatement of thls other information, we are required to report that fact. Wè have nothing lo report In Ihls regard. 10-
TAKE A BREAK WARWICKSHIRE LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF TAKE A BREAK WARWICKSHIRE LIMITED Matlors on whleh we are raquirod to report by exceptlon We have nolhlng to report in respect of the followlng matters In relation to which the Charltles (Accounts and Reports) Regulatlons 2008 requires us lo report to you if. In our opinlon: the infomialion given in the financial statements is inconsislent in any material respect viith the tru$lee$' report., or sufficient a¢¢ountlng records have not been k8PI; or the financial slalements are not in agreement with the accounting records., or we have not weceived all the Infomiation and explanations we require for our audit. R•*pon$lbllltlès of trustees As explalned more fully in tha statement of trustèes. responslbllltlès, the Irust88s, who ar8 also thé dlrectors of thè harilable company for the purpose of company law, are responslble for the preparalion of the flnanclal statem8nts and for being satlsfled that th8y give a twe and fair view, and for such Internal control as the Irustees determlne Is necessary lo enable the preparation of financial slat8menls that are free from mal8rlal mlsstalement, whether du& to fraud or error. In pr8parlng the financial slatemenls. the trustee$ are rÈsponslbl8 for assessing the chaTltabl8 company's abllty to continue a5 a going con¢em. dlsclosing, as appllcable. matters related to going ¢on¢érn and using the golng concem basis of accounting unless the Iwstees ellher Intend lo Ilquldate the tharitable company or lo cease operatlons, or have no realistic allernalive but to do so. Audltorfs r•Jpon•lbllltl•8 for the audlt of Iho flnanclal stal•m•nts We have been appolnted as auditor under section 144 of the Charities Act 2011 and report In accordance wilh the Act and relevant regulatlons made or having effed Ihereunder, Our objecllves are to oblain reasonable assurance about whether the financial slatemgnts as a whole are fr8e from material misst8t8ment, whether due to fraud or erior. and to issue an auditorfs reporl that includes our opinion, Reasonable assurance is a hh level of assurance but is not a guaranl88 that an audrt conducted In accordance wlth ISAS (UK) will always detect a matarlal misstatement when it axists. Misstatements can arise from fraud or error and are considered materlal If, Indivldualty or in the aggregate, they could reasonably be expected to inllu8nce the economic decisions of users taken on the basis of these financial stalements. The extent to wh5ch our pro¢edur&s are capable ol det8Ctlng Irregu18rlkn'es, Including fraud, Is dètalled below. Id8nt1.n9 and lesting joumal entries and the overall a¢counllng records, in particular those that wer¢ significant and unusual. Reviewing the financial stalemenl disclosures and determining whether accountlng pollcles have t)een appropriately applied. Assesslng the extent of compllan¢e, or lack of, wlth the relevant laws and regulations. T8Stlng Income, in parlicular cut•off, lor evldence of management blas. Confirmed that all bank balances have been reconclled to bank statements as at the year end. We consSdered wholher the golng concern dlsclosura in the financlal statem8nts gives a full and accurate descrlplion of trustees, assessment of golng concern. We have reviewed employment matters lo ensure there Is no potentlal fraud and that the payroll charge the financlal slatements agrees lo payroll records. We have rèvlewed resources expended to ensure these were In Ilne wlth the charlvs governlng document and authorlsed by a responsible individual. Because of th8 inherent Ilmitations of an audit, there is a risk that we will not delect all Irregularltles, including Ihose leading to a material misstal8m8nt In lh8 financial stat8ments or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from tha events and transactions r8fl8cled in the financial statements. as we will be less likely to become aware of instances of non-complianco. The risk is also greater regarding irregularities ¢)ccurring due to fraud ralher than error. as fraud invofves intenlional concealment. forgery. collusion, omission or misrepresentation. A further description of our responsibilities is available on the Financial Reportlng Councll's webslte at: https:11 www.frc.org.uklauditorsresponsibilities. This description forms part of our audilorfs report. 11
TAKE A BREAK WARWICKSHIRE LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF TAKE A BREAK WARWICKSHIRE LIMITED of our report Thls report is mad8 solely to the charity's Irustees, as a bCy. In accordance with Parl 4 of the Charities (Accounts and Reports) Regulatlons 2008. Our audit work has been undertaken $0 that we mlght slat8 to the charity's trustees Ihose ma rs we are requlred to state to them in an auditor's ieport and for no othar purpos8. To the fullest extenl permitte y law, we do not accept or assume responsibilty to anyone other than the charlty and the charity's Iruste8 a body, for our audit work. for this report, or for the opinions we have formed. Ichard Alan Horton FCCA (Senior Statutory Audltor) r and on bèhalf of Sum8rAudilco Limited, Statutory Audltor hartered Certrfied Accounlanls The Beehive Beehlve Ring Road London Gaiwick Alrport Gatwick RH6 OPA Unlted Kl Date.. Sumer Auditco Llmited Is eligibl8 for appointment as auditor of the charltable Company by vlrtue of Its eliglbilily for appointment a8 audltor of a company under section 1212 of the Companles Act 2006. 12-
TAKE A BREAK WARWICKSHIRE LIMITED STATEMENT OF FINANCIAL ACTivrriES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrfeted funds 2024 Unrostrlcted fund$ 2023 Not08 Income from: Donation8 and legacles Charitable a¢llvltles 11 6.884. 1,491,413 2.600 1,252.164 Total Incom• 1,498,297 1,254.764 Expondltur• on: Ralsing funds Charitable activities 329,633 1,037.699 326.777 760.565 T¢)tal expandlturn 1.367.332 1.087,342 Net In¢om• and movemont In fund$ 130,965 167,422 Reconclllatlon of fund•: Fund balances at 1 April 2023 658,974 491,552 Fund balanc08 at 31 March 2024 789,939 858,974 Thg ststemenl of financial 8Ctivitias includes all gains and losses recognl$ed In the year. All Income and expenditure derive from contlnulng activitias. 13-
TAKE A BREAK WARWICKSHIRE LIMITED BALANCE SHEET ASAT31 MARCH 2024 2024 2023 Not88 Fixed a$88ts Tangible assets 11 19,444 11,640 Current assets Debtors Cash at bank and in hand 12 139.421 749,257 115.282 616,046 888.678 731.328 Credltors: amounts falllng dua wlthln ono year 13 (118,183) {83.994) Not curr•nl assets 770,495 647,334 Total as8Ots1•88 cuN•nl Ilabllltles 789,939 658,974 Th• lunds of th• charltablo company Unrestricted funds 15 789.939 658.974 789,939 658,974 The company is enlilled to the exemption from the audlt requlrernent contained in section 477 of th8 Companles Act 2006, for the year ended 31 March 2024. The dlreclors acknowledge theli responsibilltlos for complylng wlth the requlremenls of Ihe Companles Act 2006 wlth respect to accounting e¢d$ and the preparallon of financlal stalernents. The members have not required the company to obtain an audit of Ils finandal statements under the requiremgnls of the Companles Act 2006, for the year in question in accordance with sectlon 476. The88 financial statements have been prepared in accordance wlth the provislons applicable to companles subject lo the small companies regime. The financlal statements were approved by Ihe trustees on 9 December 2024 Teresa Sargent Trusteo Company registralion number 04075624 (England and Wales) 14-
TAKE A BREAK WARWICKSHIRE LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash flows from opèratlng actlvltlos Cash generaled from operations 18 144.859 306.255 Investlng a¢tlvltlfj8 Purchase of tangible fixed assets (11,648) N•t eA•h uA•d In Invostlng actlvltlo8 {11.6481 Not cash gen•rat•d from flnanclng a¢tlvltl•s N•t Incr•as• In cash and cash equlval•nls 133,211 306,255 Cash and cash 8qUiV8lents at beginnlng of year 616.046 309,791 Cash and ca•h •qulvalents at end ol y•ir 749,257 616.046 15-
TAKE A BREAK WARWICKSHIRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢countlng pollcles Charlty Infomiailon Take A Break Warwickshire Limited18 8 Company lrnlted by guarontee. The m8mbers of the company are the Trustees named on page 1. In the event ol the company being wound up. th8 liabilty in respecl of the guarantee is Ilmited to £10 per member of the company. 1.1 Accountlng conv•ntlon The financial statement8 have been prepared in accordance with the charitable company's goveming document, the Companles Act 2006, FRS 102 'The Finandal Reporting Standard appllcable in Ihe UK and Republic of Ir8land' ("FRS 102.) and the Charrties SORP 'Accounling and Reporting by Charities.. Statement of R8commended Practlce applicable to chan15 preparing their accounts in a¢c(xdance with the Financial Reporting Slandard applicable in the UK and Rèpubllc of Ir8land (FRS 102)" (8ffective 1 January 2019}. The charitable company is a Public Benefrt Entity as deflned by FRS 102. Th8 flnandal ststements are prepared In sterllng, whlch Is the functlonal currency of the charilable company. Monetary amounts Sn thés8 financ4al statements are rounded to the nearest £. Thg fina[al 8tatem8nts have been prepared undor tho historical Cost convention. The prlnclpal accounting poll¢ies adopted are set out below. 1.2 Golng conc•rn At the tlme of approvlng the financial slalements, the trustees have a reasonable expectation that the charltable company has adequate resour¢e8 to conllnue In operatlonal 8xlslence for the foreseeable futura. Thus the truslees contlnue to adopt the golng Concern basls of accounting in prepaiing the linanci81 ststements. 1.3 Charilablo fund8 Unr8slricled lunds are avallable for use al the discretion of the Iruslees In furtherance of Iheir charitable objoCtiVOS. R8strict8d funds are subject to specific condilions by donors or granlors as to how they may be used. Tho purposes and uses of the $trIcted funds are set out In the notes to the finandal statements. Endowment funds are subject lo speclfic condillons by donors thal the capital must be malntaln8d by the charitable company. 1.4 Incomlng rosources Income is recognised wh8n th8 charitable company is legally entitled to it after any performance Gondilions have been met. the amounts can be m8asur8d reliably, and it 18 probable that Income will be received. Cash donations are recognlsed on receipt. Other d¢)naln5 are recognised once the charitable company has been notified of the donation, unless Parformance conditions r8quir8 deferral of the amount. Income lax recoverable in relation to donations re¢elved under Gfft Ald or deeds of cov8nant is recognised at Ihe time of th8 donath'on. Legacie5 are recognlsed on receipt or otherwise If the charitable company has béen notified of an impending distribution, the amount Is known. and receipt is expected, If the amount Is nol known. the legacy is troal8d as a contingent asset. 16-
TAKE A BREAK WARWICKSHIRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ountlng pollcl•8 (Contlnu8d) 1.5 Resources expended ExpendltUf8 is recognised once there Is a legal or constructive obligation to transfer economic benefft to thlrd paty. it is probable that a transfer of Èconomlc benefits will be required in settlement and the amount of the obligation can be measured rellably. Expendlture Is classified by activity. The costs of each aclivlty ar6 made up of the total of direct Costs and Shared costs, including support cosls involved in undertaklng each 8cllvlty. Direct cosis attributable lo a single activity are allocated direclly lo that adivily. Shared costs whlch contrfbule lo more than one actlvlly and support costs which are not attributabl8 to a single acllvlly are apportloned beeen those a1VitIeS on a basls conslsl8nl with the us8 of resources. Central stsff costs are allocated on the basis of time spent, and depreclatlon charges allocated on the portion of the asset's use. Costs of g8n8rdting funds are IIKise incurred in se8klng voluntary conlrfbutions and do not Include the costs of dlsseminatin9 information in Ihe support of Ihé charitabl8 8Ctiviti8s. Support costs 8r8 those co818 incurred dlrectly in support of expenditure on the object8 ol the company and include project managemont. Cost of generats'ng funds are costs Incurred in aitracting voluntary Income, and those Incurred in tradlng activities that raise funds. Charitable acllvitles and govemanc8 Costs are costs incurred on the company's educallonal operatM)ns. Including support cosls and costs relatlng to the governance of the Company apportloned to charitable aclivitias. 1.6 Tanglble flxed a880ts Tanglble flx8d assets are Initially measured at cost and subsequently measured at ¢ost or valuatlon, nel of depreclatlon and any impairm8nt los$e8. Depreclatlon Is recognised so as to wrile off the co81 or valuatlon of assets less thelr residual values over thelr Useful Ilv8s on th8 following base$', Fixtures and fittings 20% reducing balance The galn or loss arising on the disposal of an asset Is determined as the difference belween Ihe $818 proceeds and the cafrying value of th8 asset, and18 recognised In the statement of financial adivities. 1.7 Impalrment ol flxed assets At each reportlng end date, the charftable company reviews the carylng amounls of Its tanglble assels to delennin8 whether Ih8re Is any indication that those assets have suffered an Impaimient loss. If any such indi¢atlon oxlsts, the recoverable amount of the ass&1 Is estlmat8d In order to determln8 the extent of the impalmient loss (If any). 1.8 Cash and cash equlvalents Cash and cash equlvalenls include cash in hand, deposits held at call wlth banks, other short-term liquid investm8nts with original molurities of three rnonths or less, and bank overdrafts. Bank overdrafts are shown wilhin borrowings in current liabilltl8S. 1.9 Flnanclal Instrum¢nt$ The charitable company has elecled to apply the provlsions of Section 11 'Baslc Financial Instruments, and Seclion 12 '0ther Financial Inslrumenis l$$ue$' of FRS 102 to all ol its financial instruments. Financial instrumenls are recognised in the charitable company's balance sheet when the charilable company becomes paty to th8 contractual provisions of the instrument. Finandal assets and liabilities are offsel. with the net amounts presented in the financial slatem8nls, when there is a legally enforable rlght to set off the recognised amounts and there is an intenlion to settle on a net basis or to realis8 the assel and Settle Ihe liability simultaneously. 17-
TAKE A BREAK WARWICKSHIRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles (Conllnuèd) Baslc flnancl41 a$$ots Baslc financial assels. whlch Include debtors and cash and bank balances, are Initially measured at Iransaction price including transactk)n costs and are subsequently carried at amortised cosl using the effectlve Interest method unless the arrangement constitutes a flnancing transaction. wheie the transaction is measured at the present value of the future receipts discounted al a market rale of intarest. Flnancial assets classled as recelvable within ona year arè nol amortised. Ba51c flnanclal Ilabllltles Basic fancIal Ilabilitie5, Including ¢dItorS and bank loans are tnilially recognlsed at transaction pri¢e unless the arrangement constitutes a financing transaclK)n. where the debl inslrument Is measured at the present valu8 of the future payments dlscounled at a markel rate of Intèr8sl. Flnancial liabllllles classified as payable wllhln one year are not amortlsed. Dabt Instrum8nts are subsequently cariled at amortised cost, uslng Ihe effective interest rate method. Trade creditors are OblallonS to pay for goods or servths Ihat have been acquired In the ordinary course of operations from suppliers. Amount8 payable arg classifigd as current liabilities if paymant is due wilhin one year or less. If not, they are presented as non-currenl liabilitles. Trade creditors ale recognised initially at transaction price and subsequently measured al amortogd cost using the effective interest method. Derecognltlon of flnan¢lal114bllltl•s Flnancial liabillties are derecognlsed when Ihe chari18bte company's contractual obllgatlons expire or are dlscharg8d or cancelled. 1.10 Taxatlon As a reglstered charity, Take A Break WaDwkSh1re is exempi from Income and corporatlon lax to the extant that It8 kncome and gains are appllcable to charlty purposes only. Value added tax is not fully recoverable by the Company and is therefore Included In the relevant costs In the statement of financial actlvllles. 1.11 Employee beneflts The cost of any unused hollday entillemenl is recognbed kn the period in whlch the 8mployeo's services are ie¢elved. Temilnallon benefils are recognls8d Immediately as an exp8n8e when the charitable company is demonstrably committed lo lermnate the employment of an employ88 or to provide terminatlon bènefits. 1.12 Rellrement boneflt8 Payments lo defined contnbutlon retirement benefit s¢hem8s are charged as an expense as they fall due, 1.13 Leajes Rentals payable under operating18ases. includlng any lease incentives received. are charged as an expense on a stralght line basis ovér the term of the relevant lease. 18-
TAKE A BREAK WARWICKSHIRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 In¢ome from donatlon¥ and l•g4¢10 Unrnstrlcted Unrestrlcted funds funds 2024 2023 Donatlons and gifts Grants 3,884 3,000 1,901 699 6,884 2,600 Grants other 3,000 699 3,000 699 Income from charftabl• a¢tlvltl•• Unr•8trl¢ted Unrnstrlctod funds funds 2024 2023 Unr•strl¢t•d Sale ol goods 1,491,413 1,252,164 Expendltur• on ch•rltabl• octlvltl•A Unrnstrlcled Unre8trfcted 2024 2023 Dlrect costs Staff costs Equlpment Room hire Travel 696.993 44,793 163,437 47.461 499.218 14.969 133,954 34.207 952,684 682,348 Shar• of support and governan¢o cost$ (S note S) Support Governance 42.154 42,861 40.343 37.874 1,037.699 760.565 Analysis by fund Unrostrlcted funds 1,037.699 760.565 19-
TAKE A BREAK WARWICKSHIRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support costs allocatod to actlviti 2024 2023 Staff costs Gov8rnanc8 costs 42.154 42.861 40.343 37.874 85.015 78.217 Analysed b•tw•on: Unrestricted 85.015 78.217 Other Charftablo Expenses Unr•8trlct•d Unrestricled funds funds 2024 2023 Salary costs Rent and utilities Insurance staff travel expenses Bad debts Telephona Other expenses Depreciation and impaimwnt 224,765 50,819 8,872 4,849 233 8,442 27,809 3,844 242,264 44,884 6,860 7,885 14,134) 7,117 18.991 2.910 329.633 326.777 Not movement in funds 2024 2023 The nel movement in funds Is slat8d after Ghargingl{crediting)'. Fees payable for the audit of the charity's financial stat8m8nts Depreciallon of owned langlble fixed a$sel$ 7,698 3,844 6,660 2,910 Trusteès None of the trustees (or any persons conneded with them) recelved any remuneration or b8n8fits from the charitable company during the year. Taxatlon The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
TAKE A BREAK WARWICKSHIRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Employo•s The average monthly number of 8mployé8s during the year was.. 2024 Number 2023 Number Office Sessional 70 69 Totsl 75 75 Employm•nl ¢08t8 2024 2023 Wages and salaries Soclal security costs Olher pension costs 892,958 52,216 18,738 719,290 46,382 16,153 963,912 781,825 The number of employees whose annual remuneraticffl was more than £60,000 Is as follows: 2024 Numb•r 2023 Numbor £60,001 to £70,000 R•mun•ratlon of k•y manag•mènt p•r8onn•l The remuneratlon of key management parsonnel was as follows: 2024 2023 Aggregale compensatlon 71,959 21
TAKE A BREAK WARWICKSHIRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Tanglblo fixed a8sel8 Flxtur•$ and fSttSng C08t At 1 Aprll 2023 Additions 46,580 11,648 At 31 March 2024 58,228 Depreclallon an41 Impalrm•nt At 1 April 2023 Depreciation charged In the year 34,940 3,844 At 31 March 2024 38,784 Carrylng amount At 31 March 2024 19,444 At 31 March 2023 11,640 12 0•btors 2024 2023 Amount8 falllng du• wlthln on• y•ar: Trade debtor8 Accrued Income Prepayments 13.405 110.770 1S,246 17.643 84,109 13,530 139,421 115.282 13 Credilors: amounts falllng duo Withln one year 2024 2023 Other taxation and soclal securlly Trade Credltors Other creditors Ac¢ruals and deferred Income 15,416 12,303 18.957 3.000 62,037 90.464 118.183 83,994 14 Retlrem•nl benèfSt $¢home$ 2024 2023 Deflned contrlbutlon schemes Charge to profit or loss in respect of defined contribution schemes 18,738 16,153 -22-
TAKE A BREAK WARWICKSHIRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Rotlremont beneflt schem08 (Contlnued) The ¢harftabl8 company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from Ihose of the charilable company in an independently admini3tered fund, 1 S Unréstrlci•d funds The unrestrl¢ted funds of the charity comprise the unexpended balances of dorkgtlons and grants which are not subject to specific conditions by donors and grantors as lo how they may be used. These include designated lund8 which have been set aside out of unrestricted funds by th8 Iruste83 for specific purposes, At 1 Aprll 2023 Ineomlng R•3ourcas At 31 March our$ •Xnd•d 2024 General funds 658,974 1,498,297 (1,367,332) 789.939 Prevlou8 year: At 1 Aprll 2022 Incomlng Resour¢o8 At 31 March resources expanded 2023 General funds 491,552 1,254,764 (1,087.3421 658,974 -23-
TAKE A BREAK WARWICKSHIRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Operatlng lease commltments Al the reporting end date the charitable company had outstanding commitments for future minimum lease payments under non-cancellable operaling leases, which fall due as follows.. 2024 2023 Within one year Batween Iwo and flvè y8ars 36.159 54.234 38,104 125,192 90,393 163,296 17 Related party tran$a¢tlon8 There were no dlsdosable related party Iransactlons durlng the year (2023 - none). Romunerallon of koy manag•m•nl porsonnol The remunerats'on of key management personnel was as foll0v. 2024 2023 Aggregat8 compensation 71.959 18 Cash gen•rat•d from operallons 2024 2023 Surplus for the year 130,965 167.422 Adlustm•nt$ for: Depreciation and Impalm18nt of tangibl8 fixed assets 3,844 2.910 Movements In worklng capltal.. (In¢rèase)Idecrease In d8btors Increase in creditors (24.139) 34.189 113,473 22,450 Cash generated from opor4tlon• 144,859 306,255 19 Non-audlt servl¢os provld•d by audltor In common with many businesse5 of our size and nature we use our auditor to assist with Ihe preparation of Ihe financial statements. -24-