Charity registration number 1087865
Company reglstration number 04165317 {England and Wales)
NATIONAL PORTAGE ASSOCIATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

NATIONAL PORTAGE ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs J Rickman
Mrs T Harvey
Ms M Nouwens
Mrs R Deacon
MrsPFry
Mrs J Heath
Mrs J Chapman
Ms V Mistry
(Appointed 16 February 2024)
Secretary
MrsPFry
Charlty number
1087865
Company number
04165317
Principal address
Kings Court
17 School Road
Hall Green
Birmingham
B28 8JG
Registored office
King5 Court
17 School Road
Hall Green
Bimingharn
B28 8JG
Independent exafflinor
Griffiths Marshall
4th Floor
Llanthony Warehouse
The Docks
Gloucester
Gloucestershire
GL12EH

NATIONAL PORTAGE ASSOCIATION
CONTENTS
Page
Twstees report
Independent examinerfs report
10
Statement of financlal aclivities
11
Balance sheet
12
Notes to the financial statements
13-24

NATIONAL PORTAGE ASSOCIATION
TRUSTEES REPORT {INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual ￿port and financlal statements for the year ended 31 March 2024.
The flnandal ststements have been p￿pared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the Charity's goveming document. the Companies Act 2006 and '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 (FRS 102)" (effective
1 January 2019).
Structure, governance and management
The organisation is a charitable company limited by guarantee, incorporated on the 21 February 2001 and registered
as a charlty on the 6 August 2001. It was established under a Memorandum of Association, which established the
objects of the Charitsble company and is govemed under its Artides ofAssociation. Under those articles..
Members of the charitable company guarantee to contribute an amount not exceeding £1 to the assets of the
charitable company in the event of winding up. The total number of such guarantors at 31st March 2024 was 504.
The Trustees, who are also the directors for the purpose of company law. and who Served during the year and up to
the date of signature of the financial statements were..
Mrs J Rickman
Mrs T Harvey
Ms M Nouwens
Mrs R Deacon
MrsPFry
Mrs J Heath
Mrs J Chapman
Ms V Misty
(Appointed 16 February 2024)
Organlsatlonal Structure
The NPA has a Board of Trustees that undertak8S to manage the business of the Association. The Trustees are
representatives elected from the membership of the National Portage Association. The Chair is responsible for the
day to day management of the Association. in liaison with the Office Manager
At both Board and Regional level, elected officers are drawn from members who may be parentslcarers and
practitioners directly involved in Portage Services.
Board members fulfil their role in a voluntary capacity. Some aspects of the work are carried out by a small nurnber
of staff employed directly by or contracted by the NPA.
The Board is composed of up to 8 Truslees.

NATIONAL PORTAGE ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The elected Board of Trustees comprises..
Honorary Officers (Chairperson. Vice-chairperson and Treasurer)
Two Parent R8presentatives
Services Truste8
Members Trustee
Social Media Trustee
Quality Assurance Trustee
Training Trustee
Vice Training Trustee
Ct>opted Trustees (up to I￿0 members of the Association may be co-opted as Trustees as required, who
may se￿e until the next AGM following their appointment).
Trustees are also Directors of the Company.
Others In attendance at Board meetings at any time may include Regional Project Managers, the Conference
Coordinator and the offi￿ Manager.
The members of the Board are elected as follows:
Officers and general members are elected at the AGM to seNe a period of three years.
Honordry Treasurer is elected at the AGM to serve a perfod of one year.
Regional Representatives are elected at Regional Meetings held prior to the AGM to serve a period of three
years.
Co-opted members are appointed to the committee by the committee, to serve a period of one year.
Trustee Induction
New trustees undergo Iwo orientation sessions one with the Chairperson to re￿1ve their induction pack and to be
briefed on the committee and decision making process. The second session is with the Treasurer and Company
Secretary to r8ceive infomiation on their legal obligations under charity and company law as well as intemal financial
processes. Trustees re￿ve individual support from outyoing post holders. They are encouraged to attend appropriate
Iraining events where this will facilitate the understanding of their role.
Objectives and activities
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
Charity should undertake.
The Charity's policy is lo consult and discuss with employees. through unions, staff councils and at meetings, matters
likely to affect employees, interests.
Information of matters of concem to employees is given through information bulletins and reports which seek to
achieve a common awareness on the part of all employees of the financial and economic factors aff8cting the group's
perfomance.
Applications for employmenl by disabled persons are always fully considered, bearing in mind the aptitudes of the
applicant concemed. In the event of members of staff becoming disabled, every effort is made to 8nsure that Iheir
employment within the Charity continues and that the appropriate training is arranged. It is the policy of the Charity
that the training, career development and promotion of disabled persons should, as far as possible. be identical to
that of other employees.

NATIONAL PORTAGE ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Financial review
The statement of financial activities shows that the totsl assets less current liabilities of the charity at 31 $1 March 2024
stood at £204.417 (2023 - £187,447).
Total incoming resources over the financial year were £92,866 (2023 - £79,268) and the totsl resources expended
were £75,896 (2023 - £79,268). The result was a profit of £16,910 for the year to 31 March 2024 as against a loss
for the previous year of £3,956.
Income:
Last year we reported a loss as. due to cut off issues, some of last year's income was not Involced until this financial
year. The estimation is that £5,000 of Income feel into this category which would reduce the actual profit for this
financial year to around £12.000.
The budget for the year to 31 March 2024 was based on actual figures for the previous year, together with the
indication at the time that we would not be holding a Developrnent Day. However we had a very successfijl
Development Day.
We had budgeted for portage workshops but hav8 been able lo deliver three as well as carry out mentoring and
there has also been an Increase in portage workshop validation applications.
The rise in interest has also meant that we have exceeded our budget by a considerable margin with regard to bank
interest received.
Expendlture:
We have been able to sav8 money on the Insuran￿ by reviewing the level of cover required.
We have also been able to save a considerable amount on room hire and travel expenses by relocating the board
meetings to a venue kindly offered to us free of charge.
We amended the articles to downgrade from a full audit to a review by and Independent Examiner which has saved
in the region of £2,000.
Reserves policy
The Trustees follow an established policy. Designated fvnds have been set up to ensure that each area of work has
suffici8nt funds set aside to ensure the smooth running of each activity. The value of each fund is assessed annually
to determine whether it is at an appropriate level and transfers made where necessary. The cost of planned work and
the potential liability determines the level of each designated fund. The unrestricted funds (the general reserve and
the designated funds, excluding those invested in tangible fixed assels and stock} should be between 3 and 6 months
of resources expended. The unrestricted funds stand at £117,875,. budgeted expenditure for the year to 31 March
2024 is £66,530 and therefore the required reserves are betsveen £16,632 and £33,265 for 24125 as at 31 March
2024.
Investment policy
The present policy of the Trustees Is to hold all fijnds in short-term interest-beadng accounts, havlng regard to the
reserves policy and the liquidity requirements of the NPA. Although the Trustees were disappointed at the low interest
rates available in the year on these accounts, it has received advice that it would be unwise to start to invest in longer
term savings accounts at a time when cash flow requires careful oversight and management.

NATIONAL PORTAGE ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Planning for the Future
The NPA is focusing on core activities in their Business Plan..
To improve outcomes for children with SEND by supporting parents and carers.
To develop sustsinable Income streams.
To develop and maintain Portage training packages.
To support members. services and settings to provide a highquality level of service delivery.
The Portage Workshop and one day workshops are being used to form the basis of a commercial programme that it
Is hoped will provide the Association with a sustainable revenue stream. We are also looking into developing an
additional income source of shorter training sessions.
Where possible and appropriate. funding will be reqLsested from grant making trusts, although competition for such
funding is fierce in the current economic climate, where charities have been losing central and local govemmenl
funding. Additionally. the Covid-19 pandemic since March 2020 has added further pressure to availability of grant
funding.
Approved by the Trustees on 26th April 2024 and signed on their behalf by:
Margie Nouwens, Treasurer

NATIONAL PORTAGE ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Chair's Report
The National Portage Association (NPA) is a national charity and an umbrella organisation that exists to ensure that
high quality support is offered to Early Years children with Special Educational Needs and Disabilities (SEND) and
their families. It does this through using a graded criterion to register Services and providing and monitoring high
quality training for Portage and Earfy Years Practitioners. The NPA also runs a Stamp of Approval Scheme for Eady
Years Settings that indicates they are using the Portage Principles to support all the children in their care, particulady
those with SEND.
The NPA has a Board of Trustees thal undertakes management of the business o* the Association. The Trustees are
representatives elected from the membership. The Chair is responsible for the day-to4ay management of the
Associalion, in liaison with the Office Manager.
Board members fvlfil their role in a voluntary capaclty. Some aspects of the work are carried out by a small number
of staff employed direcdy by or contracted by the NPA.
The NPA achleves its aims through: _
Offering a Code of practi￿ as a framework for delivering Portage services and reviewing this Code as
appropriate.
Supporting quality of servlce by providing training with an agreed curriculum as a basic standard for
Portage and Early Years Practitioners
Developing a training curriculum that responds to the training needs of parents, Portage services and
professionals associated with the Portage Model.
Lislenlng and responding to members, concerns at local, regional and national level.
Encouraging new developments in the delivery of Portage support.
Working collaboratively with other Se￿ICe5 dedicated to supporting famili8s and young children.
Campaigning for all families With a young child with additional support needs to have early access to
Portage or other appropriate home visiting seNices.
Keeping members infomied about Portage via the website, virtual meetings and an annual Development
Day.
The Board continues to work on these aims, to ensure that they are met in the most appropriate ways that reflect
current practice and thinking.

NATIONAL PORTAGE ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Business Plan
The NPA sets a three year Business Plan which lays out what its intentions are to meet the aims of the organisation.
The 2023-2026 Business Plan, comprlses of fourteen Objecllves, as set out below. Each Objective has a number of
aims within it.
To ensure that the NPA is using a business modellapproach lo develop and sustain its services.
To Increase awareness of the Portage Model and ensure long term sustainability of the charity.
To develop and maintain a corporate Portage offer to Services and members.
To ensure that the NPA Policies file is up to date and reflects any national changes.
To increase the training offer from the NPAfor Services, members and families.
To develop a comprehensive intemational training offer for co118agues in other countries.
To develop the NPA communications through soclal media platfomsltools
To develop a comprehensive and sustsinable offer for Services.
To ensure that the NPA Code of Practice is relevant and up to date.
To increase and maintain existing individual membership.
To increase and maintain the existing number of settings with Stamp of Approval.
To improve the content and accesslbility of the information provided to families.
To ensure that the NPA remains financially viable with long temi financial planning.
To ensure that the NPA is operating In line wlth duties and requirements.
Some of the aims of these Objectives are already being implemented and many others are in progress. The Plan is
reviewed on an annual basis.

NATIONAL PORTAGE ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Training
The revislon of the Portage Workshop has been completed and the new materials were launched at a meeting with
Accredited Trainers (ATS) and Trainee Trainers {rrs} in September. The ethos of the model has been maintsined
with the main revision being in the modules Supporting the Development of Play and Posilive Approaches to
Children's Behaviour. The number of references to the Early Year5 Foundation Stage across the workshop have been
reduGed to allow more time to focus on the Portage Prlnciples. The feedback from those at the meeting was very
positive wlth Trainers saying that they considered that the revised modules better reflected cu￿ent practices and
research. There will be a meeting in the autumn with ATS and rrs Éo review the revised workshop materials.
There continues to be a good attendance atworkshops. with 66 being validated, one mentored andfourcommissioned
by local authorities from the NPA.
10 students have enrolled on Level 3 Open Awards. This wurse Is designed to support students to reflect on their
practice, deepen their understanding of the Portage Principles and to further embed them in their work, A key elemenl
of the qualification is maintaining stsndards and ensuring quality. The course is suitsble for anyone who has
successfully completed the Portage Workshop including Parents, Carers and Early Years Practitioners working in
early years provision and is completed under the supervision of a Mentor.
IT Infrastructure and the Website
The Consultant who was appointed to completely overhaul the office IT infrastructure has almost completed this very
large piece of work. This modemisation of the systems has led to improved efficiency of the office proCedU￿S and
processes
Work on updating the website is taking pla￿ with most of the content being rewritten or updated. The new fonnat
has been agreed which will make it much simpler to navigate and also easier to access on mobile devices.
Th8 Consultant has provided his services on a pro bono basis, for which Ihe NPA is hugely indebted.
Service Registration and Member8hlp.
Service registration and membership renewal both took place again in October In this financial year, which was a
change from the pr8vious way it was managed. The new system was su￿esSfUl as It streamlined the process for
Services, Members and the office.
Development Day
The Development Day which was held in March 2024 took place with a range of interesting seminars, including
Torbay Portage Parents have the Wow Factorl
What d￿S a Play Curriculum look Ilke for those with PMLD?
Early years Support for children additional needs. Bladder & Bowellsleep & Behaviour tips for Parents
and Carers
How to look after yourself when supporting others - practitioner wellbeing.
An inspirational keynote speech was delivered on "Looking At Autism as a Frult Salad. which was both fascinating
and thought provoking.
The Day was well evaluated, with feedback being that all of the seminars and the keynote speech were relevant and
interesting.
Our thanks to the staff at the Priory Rooms for l¢)oking after us so well which ensured that the day went smoothly.

NATIONAL PORTAGE ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Virtual Meetings
Virtual meetings for Members, Managers and Accredited Trainers continue to be well attended. These meetings give
opportunltles to share Infomatlon and exPerien￿S and to ne￿orkS with colleagues.
Social Media
The profile of the NPA across a number of social media platforms has increased tremendou51y again this year. The
time and effort put in by those Trustees and by Emma, our Office manager, who have made this possible is much
appreciated.
Membership* Registered Services and Slamp of Approval.
2022
2023
2024
Individual members
468
518
504
Registered SeNl¢es
95
96
98
Stamp of Approval
29
29
26
Membership has dropped slightly this year, which is disappolnllng. Membership gives an opportunity to support the
national voice of the NPA and quality assurance of Portage services so that they continue to deliver high quality
teaching to future generations of children and families.
Registered Service numbers have increased slightly this year. which is very positive. This meets one of the aims on
the Business Plan which is to increase the number of services so that more children and familles can benefit from the
Portage model.
The number of Stamp ofApproval settings has also dropped slightly this year. The process and criteria for this award
is under review and it is hoped that this will increase the numbers so that more settings are being supported to use
the Portage Prfnciples to underpin theirwork with children and families.
Visit by Her Royal Highness The Princess of Wales.
The NPA was honoured to be contacted by the office of the Princess of Wales as the Princess was interested in
leamlng more about servl¢es and support for children with special educational needs and disabilities as part of her
work with the Royal Foundation for Early Childhood. A member of the of the Board of the Royal Foundation
recommended Portage as one of the best examples of Intervention so the Prtncess was keen to visit to find out more
about the support that it provides.
A vlsit took place to Kent Portage Service, where the Princess met children and families who are receivlng Portage.
The Princess spent time talking to individual families. showing great interestin theiraccounts of the benefits of Portage
as well as clearly enjoying playing with the children! She also took time to talk to staff and expressed her admiration
for the work that they do and the impact it has on the lives of children and families.
The visit was covered by national and local press. magazines such as Nursery World and Hello! television and radio
channels. Articles appeared in the papers and interviews with the NPA Chair were played on Radio Kent and GB
news. The Nursery Wodd magazine published a four page article on Portage, extolling the benefits of Portage.
Thanks
The NPA has a small office team, which is a gr8at support to the Board, Members and Services They continue to
maintain a very efficient service and the Board thanks Emma, Office Manager, Yvonne N. Finance Officerand Lauren,
Office Administrator for their continued support and dedication to the NPA.

NATIONAL PORTAGE ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The Board welcomes Vina. who has been co-opted as WI￿ Chair of Training. Vina brings a wealth of knowledge with
her. having been a Poriage Practitioner. Portage Manager and an Accredited Trainer.
Finally, my thanks and appreciation go to the Trustees. Services and Members for their commitment and dedication
to the NPA.
Signed on behalf of the Trustees on 15th Octobef 2024
Janet Rickman, Chairperson

NATIONAL PORTAGE ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF NATIONAL PORTAGE ASSOCIATION
I report to the Trustees on my examination of the financial statements of National Portage Association (the Charity)
for the year ended 31 March 2024.
Responslbllltles and basls of report
As the Trustees of the Charity (and a150 its directors for the purposes of company law) you are responsible for the
preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006
Act).
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination ofthe Charity's financlal
stat8m8nts carried out under section 145 of the Charities Act 2011 (the 2011 Act}. In carrying out my examination I
have followed all the applicable Directions given by the Charity Commission under section 145(5Kb> of the 2011 Act.
Independent examinerfs statement
I have completed my examination. l confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of th8 Charity as required by section 386 of the 2006 Act" or
the financial statements do not accord with those records., or
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is not a matter considered as part of an
independent examination. or
the financial statements have not been prepared in accordance with the methods and principles of the Ststernenl
of Recommended Practlce for accounting and reporting by charities applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102).
I have no concems and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understsnding of the financial statements to be reached.
Griffilhs Marsh
4th Floor
Llanthony Warehouse
The Docks
Gloucester
Gloucestershire
GL12EH
Dated:
10-

NATIONAL PORTAGE ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrfcted Restricted
funds
funds
2024
2024
Total Unrestricted Reslrlcted
funds
fvnds
2023
2023
Total
2024
2023
Notes
Income from:
Donations and legaaes
Charitable activities
Other trading activities
Investments
25,156
60,912
1,326
5,472
25,156
60,912
1,326
5,472
19,764
57,456
624
1.424
19,784
57,456
624
1,424
Total income
92.866
92.866
79,268
79,268
Expenditure on:
Charitable activities
74,896
1.000
75,896
83,024
200
83.224
Total expenditure
74,896
1.000
75,896
83,024
200
83.224
Net incomel{expenditure) and
movement in funds
17,970
{1.000)
16,970
(3.756)
(200)
(3,956)
Reconciliation of funds:
Fund balances at 1 April 2023
171,332
16.115
187,447
175.088
16,315
191,403
Fund balances at 31 March
2024
189,302
15,115
204,417
171,332
16,115
187,447
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.
11

NATIONAL PORTAGE ASSOCIATION
BALANCE SHEET
AS AT31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
14
116
155
Current assets
Debtors
Cash at bank and in hand
15
9,262
217.886
12,537
195,072
227.148
207,609
Creditors: amounts falling due withln
one year
16
(22,847)
(20,317)
Net currant assets
204,301
187,292
Total assets less current liabillties
204,417
187,447
The funds of the Charity
Restricted income funds
Unrestricted funds
18
19
15.115
189,302
16,115
171,332
204,417
187,447
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2024.
The directors acknowledge their ￿SpOnsibl[ltieS for complying with the requlrements of the Companies Act 2006 with
respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financlal statements for the year in question in
accordan￿ with section 476.
These financial statements have been prepared in accordance with the provisions appllcable to companies subject to
the small companies regime.
The financial statements were approved by the Trustees on 15th October 2024
Mrs J Rlckman
Trustee
Company registration number 04165317 {England and Wales)
12-

NATIONAL PORTAGE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng policies
Charity Informatlon
National Portage Associatlon Is a prlvate company limited by guarantee incorporated in England and Wales.
The registered office is Kings Court, 17 School Road. Hall Green, Birmingham, B28 8JG.
1.1 Accountlng convention
The financial statements have been prepared in accordance with th8 Charity's gov8ming docum8nt, the
Companies Act 2006 and 'Accoun￿ng 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 (FRS 102) (effective 1 January 2019)" The Charity is a Public Benefit Entity
as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin
1 not to prepare a Statement of Cash Flows.
The financial statements are prepared In sterflng, which is the functional currency of the Charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the hlstorlcal cost conventlon. The principal accounting
policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectstion that the Chartty
has adequate resources to conllnue In operational existence for the foreseeable future. Thus the Trust8es
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Designated funds comprise funds which have been set aside at the discretion of the Trustees for specific
purposes. The purposes and uses of Ihe designated fvnds are set out in the notes to the financial statements.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment fvnds are subject to specifi¢ conditions by donors that the capital must be maintained by the Charity.
1.4 Income
Income is recognised when the Charity is legally entirfed to it after any performance conditions have been met,
the amounts can be measured reliably. and it is probable that income will be received.
Cash donatlons are recognised on receipt. Other donations are recognised once the Charity has been notified
ofthe donation, unless performance conditions require deferral ofthe amount. Incometax recoverable in relation
to donations received under GiftAid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on ￿Ceipt or otherwise if the Chartty has been notified of an impending distribution.
the amount is known. and re￿ipt is expected. If the amount is not known, the legacy is treated as a contingent
asset.
13-

NATIONAL PORTAGE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Contlnued)
1.5 Expenditure
Expenditure is recognlsed once there is a legal or constructive obligation to transfer economic benefit to a third
paty, it is probable that a transfer of economic benefils will be required in settlement, and the amount of the
obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of dlrect costs and shared
costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity
are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs
which are not attributable to a single activity are apportioned beiween those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis oftime spent, and depreciation charges are
allocated on the portion of the asset's use.
Expenditure Is recorded on the accruals basis and liabilities are included when the legal obligation has been
created.
Expenditure in charitable activities represents the costs incurred in ￿rryIng out the charitsble objectives of the
projecL
Govemance costs represent the cost of general administration functions of the charity
Basis of apportionment of expenditu￿..
- Staff costs are allocated on a basis of time spent on each category of activity.
Premises costs are allocated by ftoor area used for the acts'vity.
Depreciation provision is allocated on the basis of use of the assets.
- All other overheads are allocated to projects as a percentage of dir8Ct expenditu￿.
As a registered charity, the activities are generally except from Income Tax and Capital Gains Tax in connection
with its direct charitable purpose, but not from VAT.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cx)st or valuation, net of
depreciation and any impainnent losses.
Depreciation Is recognised so as to write off the cost or valuation of assets less their resldual values over thelr
useful lives on the following bases:
Fixtures, fitttngs & equipment
25% reducing balance
The galn or loss arising on the disposal of an asset is determined as the dlfference between the sale proceeds
and the carying value of the asset, and is recognised in the statement of financial acts'vities.
1.7 Impairment of fixed assets
Ateach reporling end date, the Charity reviews the carrying amounts of its tangible assets to determine whether
there is any indication that those assets have SLrffered an impairment loss. If any such indication exists. the
recoverable amount of the asset is estimated in order to delem)ine the extent of the impairment loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term Ilquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
14-

NATIONAL PORTAGE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
1.9 Flnanclal Instruments
The Charity has elected to apply the provlslons of Section 11 'BasiG Financial Instruments, and Section 12'0ther
Financial Instruments Issues, of FRS 102 to all of its financial instwments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the
contractual provisions of the instrument.
Financlal assets and liabilities are offset, with the net amounts presented in the financial statements, when Ihere
is a legally enforceable right to set off the recognised arnounts and there is an intention to settle on a net basis
or to r8alise the asset and settle the liability simultaneously.
Baslc financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction
pr1￿ including transaction costs and are subsequendy carried at amortised cost using the effective interest
method unless the arrangement constitutes a financing transaction, where the transaction is measured at the
present value of the future receipts discounted at a market rate of interest. Flnancial assets classified as
receivable within one year are not amortised.
Basic financlal Ilabllltles
Basic financlal liabililies, including credltors and bank loans are initially recognised at transaction price unless
Ihe arrangement constitutes a financing transaction, where the debt instrument is measured atthe presentvalue
of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within
one year are not amortised.
Debt instruments are subsequently carried at amortised cost. using the effective interest rate method.
Trade creditors are obllgatlons to pay for goods or services thal have been acqulred in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year
or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction
price and subsequently measured at amortised cost using the effective interest method.
Derecognitlon of financial liabilities
Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Terminatlon benefits are recognised immediately as an expense when the Charity is demonstrably committed
to temiinate the employment of an employee or to provide lermination benefits.
Crltlcal accounting estimates and judgements
In the appllcation of the Charity's accounting policies, the Trustees are required to make judgements, estimates
and assumptions about the carying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be ￿leVant. Actual results may differ from these estimates.
The estimates and undertying assumpkn'ons are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
15-

NATIONAL PORTAGE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from donatlons and legacias
Unrestrlcted Unrestricted
funds
funds
2024
2023
Donations and gifts
25,156
19,764
Donations and glfts
General
GiftAid
Members Subscriptions
3,316
526
21,314
1.420
270
18.074
25.156
19,764
Income from other trading aclivities
Unrestricted Unrestricted
funds
funds
2024
2023
Other income
1,326
624
Income from Investments
Unrestrlcled Unrestricted
funds
fvnds
2024
2023
Interest receivable
5.472
1.424
16-

V* ¢P 3
¢n

NATIONAL PORTAGE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on charitable activities
Conference Reglstratlon Tralnlng & Voluntary
& training of portage Information
Income &
servl¢es publlcatlons activities for
generating
funds
2024
Totsl
2024
2024
2024
2024
Direct costs
Training fees
C05t of goods soldlwritten off
Travel
Miscellaneous
Donations
2,011
174
330
472
303
2.011
20,879
330
472
303
20.610
95
3,290
20,610
95
23,995
Grant funding of activities (see note 8)
1,000
1,000
Share of support and govèrnance costs (see note 10)
Support
21,477
Govemance
1,651
11.454
254
4,295
381
10,500
889
47,726
3,175
28,418
32,318
4,771
12.389
75.896
Analysls by fund
Unrestricted funds
Restricted funds
26,418
32,318
4,771
11.389
1,000
74,896
1,000
26,418
32,318
4.771
12,389
75.896
18-

NATIONAL PORTAGE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditur8 on charitable actlvttl8S
(Continued)
Previous year:
Conference Registration Training & Voluntary
& training of portage information
Income &
servlces publications activities for
generating
funds
2023
Total
2023
2023
2023
2023
Dlrecl costs
Training fees
Cost of goods soldlwritten off
Travel
15.970
362
10.994
15,970
1.180
10.994
632
186
27,326
632
186
28,144
Grant funding of activities (see note 8)
200
200
Sharo of support and governance costs (see note 10)
Support
18,861
Governance
6,743
10,059
1,037
3,772
1,556
9.221
3.631
41,913
12,967
52,930
11,096
5,960
13.238
83,224
Analysis by fund
Unrestricted funds
Restricted funds
52,930
11,096
5,960
13,038
200
83,024
200
52,930
11.096
5,960
13,238
83,224
Grants payable
Voluntary
Voluntary
Income &
income &
activities for activities for
generating generating
funds
funds
2024
2023
Grants to institutions-
Other
1,000
200
Net movement In funds
2024
2023
The net movement in funds is stated after chargingl(crediting):
Fees payable for the indep8ndent examination of the charity's financial
statements
Depreciation of owned tangible fixed assets
1,384
39
2.000
52
19-

NATIONAL PORTAGE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 Support costs
Support Governance
costs
costs
2024Support costs Govemance
costs
2023
Depreciation
Premises Expenses
General Office
Bank Charges
39
8,700
38,982
39
8.700
38.982
44
8,400
33,331
139
52
8,400
33,331
139
Audit fees
Legal and professional
Travel
General Office
Misc
Depreclation
Bank Charges
1,384
200
1,592
1,384
200
1.592
2,000
2,000
2,027
5,883
434
2.592
24
2,027
5,883
434
2,592
24
47,726
3,176
50,902
41,914
12.968
54,882
Analysed belween
Charitable activities
47,726
3,175
50,901
41,913
12,967
54,880
Govemance costs indudes payments to the independent examiner of £1,384 (2023 - £2.000) for independent
examination.
11 Trustees
In accordance with the Charity's Memorandum of Association, agreed with the Charity Commission, up to five
Trustees may receive reasonable payment for work in respect of the Charity's Training for Tralners course and
PW Validation. In the financial year no one Trustee received payment (2023 - One- £3,600).
Out of Pocket Expenses were reimbursed to trustees during the year as follows:
Travel to Board Meetings £965 (2023 - £2,027)
12 Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
During the year no members of staff were paid in excess of £60,000
There were no employees whose annual remuneration was more than £60,000.
13 Taxation
The charity is exempt from tsxation on its activities because all its income is applied for charitable purposes.
-20-

NATIONAL PORTAGE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14 Tangible fixed assets
Flxtures.
flttings &
equlpment
Cost
At 1 April 2023
6.482
At 31 March 2024
6,482
Depreciation and impairment
At 1 April 2023
Depreciation charged in the year
6.327
39
At 31 March 2024
6.366
Carrying amount
At 31 March 2024
116
At 31 March 2023
155
15 Debtors
2024
2023
Amounts falling due wlthin one year:
Trade debtors
Other debtors
8,265
997
12,537
9.262
12,537
16 Credltors.. amounts falling due within ona year
2024
2023
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
3,305
252
14.219
5.071
1.526
2.781
13.228
2.782
22.847
20.317
21

NATIONAL PORTAGE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Deferred Income
Deferred Income Is included in the financial statements as follows..
2024
2023
Accredlted tralner fees 2021-22
Postponement Trainers Forum
Postponement Portage Workshops
Other d8ferr8d incom8
Cumbria Mentoring
Helen George
Brighter Futures
720
747
720
747
61
6.700
5.000
7,067
185
5,500
14.219
13.228
18 Restrlcted funds
The restricted funds of the charity comprtse the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
At 1 April
2023
Resources At 31 March
expended
2024
Conference
Rosie's Fund
Kushlick Legacy
servi￿ Donations
4,388
10,171
414
1,142
4.388
9,171
414
1,142
(1,000)
16,115
(1,000)
15,115
Prèvious year:
At 1 April
2022
Resources At 31 March
expended
2023
Conference
Rosie's Fund
Kushlick Legacy
SeTViC8 Donations
4,388
10,371
414
1,142
4,388
10,171
414
1,142
(200)
16,315
200
16,115
-22-

NATIONAL PORTAGE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 Unrostricted funds
The unrestricted funds of the charity comprise the un8xpended balances of donatlons and grants which are
not subject to speclfic conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted fvnds by the trustees for specific purposes.
At 1 April
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
Stock book
Fixed assets
Tralning development reserve
General funds
262
154
19,839
151,077
262
115
19,839
169,086
(39)
92,866
{74,896}
39
171,332
92,866
(74,896)
189,302
Previous year:
At 1 April
2022
Incomlng
resources
Resources
expended
Transfers At 31 March
2023
Stock book
Fixed assets
Training development reserve
General funds
262
206
19,839
154.781
262
154
19,839
151,077
(52)
79,268
{83,024)
52
175,088
79,268
83,024
171,332
20 Analysis of net assets between funds
Unrestrlcted
funds
2024
Restrlcted
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Current asselsl(liabilities)
116
189,186
116
204,301
15,115
189,302
15,115
204,417
-23-

NATIONAL PORTAGE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
20 Analysis of net assets between funds
(Conlinued)
Unrestricted
funds
2023
Restrlcted
funds
2023
Total
2023
At 31 March 2023:
Tangible assets
Current assetsl{liabilities)
155
171,177
155
187,292
16,115
171,332
16,115
187,447
21 Related party transactlons
There were no disclosable related paty transactions during the year (2023 - none).
-24-