Charity Registration No. 1088344 Company Registration No. 2229357 {England and Wales) GINGERBREAD FAMILY SUPPORT LIMITED (FORMERLY THE STOKE-ON-TRENT AND DISTRICT GINGERBREAD CENTREI ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 202S
GINGERBREAD FAMILY SUPPORT LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees Miss Fiona Miller Mr Jack Brereton Mr Malcolm Jolliffe Mr Caine Black Mr Henry Davies Mr Anthony McGovern Ms Salima Shariff Mr Paul Shenton {Appointed 18 June 2024) (Appointed 22 August 2024) (Appointed 18 June 2024) Charlty number 1088344 Company number 2229357 Registered offlce Rothesay Court, Furnace Road, Stoke on Trent, ST3 4LY Senlor Management Team Mr Trevor Cottam Mrs Nikki Evans Ms Helen McNicol Buckl&y Ms Kathryn Hibberts Chief Executive Officer Finance Manager Service Manager Unit Manager Audltor Geens Limited, Graphic House, 124 City Road, Stoke on Trent, ST4 2PH Bankers Barclays Bank, Leicester, LE87 28B
GINGERBREAD FAMILY SUPPORT LIMITED CONTENTS Page Trustees, report Statement of trustees. responsibililies Independent audilor's report 9-11 Statement of financial activities 12 Balance sheet Statement of cash flows 14 Notes to the financial slatements 15-28
GINGERBREAD FAMILY SUPPORT LIMITED TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 MARCH 2025 In our capacity as Trustees of The Gingerbread. we are honoured to present the Trustees Report and audiled financial statements for the fiscal year concluding on 31 March 2025. These fi'nancial statements adhere to the statement of Recommended Practice Accounting and Reporting by Charities (SORP 20191 and fully meet the statutory requirements outlined in the charity's governing document. The financial statements have been prepared in accordance with the accounling policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" (effective 1 January 2019). Objecllves and actlvlties Our core objectives and primary activities encompass the following: 1. Accommodation for Vulnerable Families. Young Parents and Single Pregnant Women We extend short-lerm, supported accommodation lo vulnerable families, young parents. and single pregnant women, with the emphasis on support and providing a safe haven during their time of need. 2. Providing Support in Time of Need Our foremosl goal is lo offer intensive, tailored support through individual support plans including advice, activities and as51Stance within Stoke on Trent, Staffordshir8. and Ihe surrounding areas to indlviduals facing hardshlp, distress, or challenging circumstances. Our decision-making process aligns meticulously with guidance provided by the Charity Commission, ensuring the charity's activities remain in harmony with our mission. Public benefit We confirm that we have paid due regard to guidance Issued by the Charity Commission in deciding what aclivilies the charity should undertake.
GINGERBREAD FAMILY SUPPORT LIMITED TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achlevements and performance Significanf activities and achievements againsl objectwes Gingerbread Family Support has been a steadfast pillar of support for vulnerable individuals in the Sloke-on-Trent region since its establishment in 1977, accumulaling 48 years of dedicated service. Our beneficiaries receive not only shelter but also personalised guidance tailored to their unique circumstances. This support transforms their outlook on life. enabling them to perceive new opportunities. We facilitate activities and situations that enhance their self-confidence and fumish them with the skills necessary lo envisage a brighter future. Our charitable op8rations span two dedicated centres in Stoke-on-Trent.' thesa Cou Normaco ' Rothesay Court constitutes a sanctuary for homeless families, including single parents, expectant mothers, fathers, and couples. Comprising 22 units of supported accommodation. it offers seven resettlement support areas. This support encompasses vital life skills such as budgeting, building support networks. accessing training, securing stable housing, and transilioning to independent living. Resettlement support is Ihoughlfully provided to families as they embark on the journey to establishing a new, secure home. Our dedicated staff collaborates closely with social care services, health professionals, midwives, local housing providers, and mental health services, while also forging partnerships with local charities and organisations. This multi-pronged approach seeks lo empower residents to harness their own skills. knowledge, and resourcefulness to live independenlly. Personalised support plans, grounded in evidence-based tools, are individually cr8fted for each resident. OurActivily Club, based at Rothesay Court, operates within a children and young people's activity centre, equipped wilh a purpose-built outdoor play area. The Activity Team extends its services lo Catherine Court as well, ensuring families can access these enriching opportunities. In addition to a regular roster of internal activities, we organise numerous outings to local altractions. events. and leisure facilities, enriching the lives of those we serve. Catherine Court Ha Catherine Court offers accommodation-based support exclusively for expectant teenage mothers, teenage parents seeking to develop the skills necessary for effective parenting, and the pursuil of independent living in their own homes. The facility encompasses seven self-contained flats and four two-bedroom properties, providing 24-hour 5UPPOrted accommodation for pregnanl or parenting teenagers aged 16-19, alongside their children. Floating support is available for up to three months following the transition to independent living. Care Leavers A change in legislation lor care leavers aged between 16 and 18 in late 2023 diclated that we must become OFSTED registered in order to offer accommodation and support to young parents who are care leavers. We are in Ihe process of registering wilh OFSTED and currently wailing fof the registration lo be accepted. At The Gingerbread Cenlre, we are proud to maintain consistently high occupancy rates across both units throughout the year, attesting lo the substantial demand for our services. Void Management It is worth noting that the teams at both siles worked incredibly hard lo keep voids lo an absolute minimum throughout the year and successfully achieved Ihat aim. This was helped in part by the reduced availability of move- on properties which saw families ¥Naiting, on average, an extra 2 months lo fi'nd their next home. New Services We were awarded the contract to deliver Tier 2 Family Support across Staffordshire Moorland5 and Newcaslle- under-Lyme for SlaffLJrdshire County Council. The service went live on 01 April 2025 with a formidable team of experienced Family Support Worker who are being transferred over to The Gingerbread Centre under a TUPE process as the service has been operaling for a number of years.
GINGERBREAD FAMILY SUPPORT LIMITED TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 We were also awarded the contract lo deliver floating housing support to vulnerable families across Sloke-on-Trent as part of Stoke's Family Matters initiative. This initiative is Stoke's response to increasing numbers of children in care with several work steams now working together. We are working with the family support workstream in conjunction with four Locally Trusted Family Support organisations and Family Support Coordinator teams. Prevention. Early Intervention and Longer-temi Support We are also laying the foundations to extend our reach of support and increased access to our family and housing support lo more families and young parents in the communily with the development of an Outreach service and inviting children and young people to sessions at our Activity Club. Our aim is to develop in-roads towards prevention, early intervention and longer-lerm support. Flnanclal review The core charitable activities are primarily supported by iwo Gommissioned service contracts disclosed as reslricled funds. During the financial year, these Supporting People contracts raised income of £216,827 (2024. £209,680) and an additional £27,000 (2024: £32,500) was generated by fundraising. Total costs of Supporting People activities were £261,586 (2024: £235,297) which left a deficit 01 £17,759 (2024.. £6,883 surplus). In this financial year we also showed a deficit in the Activity Club, which is mostly funded by a reslricled Children in Need grant. Including the addition of a restricted capital donation of £367.000 the total reslricled funds for the year show a surplus of £354,116. In total we received unrestricted income of £1,075.997 (2024-. £914,978) with unrestricted expenditure of £895,127 (2024.. £823,971). After investment losses of £nil 12024.. £5,116) the unrestricted fvnd surplus in the year was £180,870 {2024.' £85,891). Reserves are held to ensure that the Charity has the ability to withstand any unforeseen drops in income and to provide capital for future strategic growth. At the balance sheet date, the Charily had tolal reserves of £913,850 (2024: £378,864> of which £533,711 (2024.. £355,742} are unrestricted reserves. The Management Committee considers the current reserves are an adequate bL*ffer against risks that cannot be negated by other means, whilst underpinning the strategic plan for the future of the Charity. Al the balance sheet date, the Charity held cash at bank and investments totalling £631,177 {2024.' £499,726). As with reserves, these liquid funds provide 8 buffer against unforeseen drops in income or working capital providing security that the Charily will be able to meet its fi'nancial obligations as Ihey fall due.
GINGERBREAD FAMILY SUPPORT LIMITED TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Reserves policy Aim of Reserves Pollcy To ensure Trustees comply with current legislation and recommendations from the Charity Commission regarding reserves and their use. To maintain a sufficient level of reserves to allow the charily to continue to operate for a period of up to 2 months. should a shortfall in income occur. To maintain a sufficient level of reserves to allow the charity to wind down. should it be necessary. To lake account of potential finan¢ial risks lo the charity. To prepare for contingencies that may arise from time to bme. To ensure the level of reserves is reviewed on an annual basis. To ensure reserves are used to generate income. To ensure the management of reserves is exercised in the best interest of the charily. Reserves Pollcy It is our policy to assess the level of res@rves require by using the Risk Idenlification approach, which is used by most charities. When deciding Ihe level of reserves held by the charity, consideration will be given lo cash flow, existing funds, future income streams, commilted expenditure. changes in legislation, risk identification and the future needs of the charity. This approach ensures that the reserves held are not too high or too low, and that we hold sufficient reserves for any contingencies that may occur. All financial calculations and risk assessments will be reviewed and updated annually. An acceptable reserves level will be sel based on covering idenlified risks. The Board may release reserves for new projects and services, to assist the aims of the Charity, as long as the level of reserves remains above the minimum requirement, taking into consideration a deficit budget. Unrestricted reserves will reduce in the event of an annual deficit. Restricted funds are excluded from the Resetves Policy and are accounted for separately. Trustees are empowered to invest unrestricted reserves in accordance with the Investment Policy.
GINGERBREAD FAMILY SUPPORT LIMITED TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Navlgatlng Rlsks and Uncertalntles At the heart of The Gingerbread Centre's governance lies a robust risk management process. This process hinges on the meticulous upkeep and scrutiny of a comprehensive risk register. Within this register, we idenlify and evaluate major risks meticulously. These risks undergo regular review under the careful supeNision of our Chief Officer and Management Committee during scheduled meetings. To effectively navigate these risks. we have established a sel of systems and procedures. Prlmary Rlsks It) Focus a) Loss of Supporting People contracts The situation regarding the Supporting People contracls is still very much up in the air as we enter the last year of our current contract. Our reliance on voluntary contributions to bridge the funding gap required to maintain our existing core support service level is as much needed now as ever before. To mitigate the risk of further cuts throughout the contract's remaining temi, the unknown situation of any continuation or renewed contract after March 2026, we have devised a mulli-pronged approach, which includes: Sustaining exceptional performance outcomes Achieving favourable and positive service review reports. Forging close collaborations with Commissioners. positioning us favourably for successful contract relenders Repositioning ourselves as a Family Support Service to compliment the accommodation we offer to homeless families and young parents Become OFSTED registered Develop an outreach service Further invest and develop our fundraising strategy with the aim of increasing our voluntary and unrestricted income as well as our Trusts and Grants programme to develop services and projects thr(LJgh restricted income b) Ensuring Financial SLJslainabilily Maintaining financial sustainability presents an ongoing challenge, given the slringenl budgets associated wilh our primary contracts and the limited diversity in our income slreams. In response, we are proactively crafting a robust fundraising stralegy that now encompasses a dedicated focus on securing Trusts and Grants funding Simultaneously, we are actively exploring partnerships and collaborative venlure5 Wlth other service providers and organisalions. Additionally, we are proactively pursuing service lenders for complementary offerings. The looming presence of rising living costs, surging energy prices, e5calaling inflation, and further calls for efficiencies and cost savings from our commissioned services portend an increased reliance on volunlary income in the near future. c) A Purpose Built SupportedAccommodation Propety Our initi81 tentative steps towards developing a third supported accommodation have gathered pace. In July 2024 we received a donation lo buy an acre and a half site in Fegg Hayes, Sloke-on-Trent (North) a donation beyond our wildest dreams. We also received a tremendous offer of pro-bono support lo develop plans for a 54 bed supported accommodation purpose designed for Gingerbread wilh Ihe aim of securing full planning permission to build. Those plans were submitted as a part of our application for full planning permission lo Sloke Council just before Christmas 2024. We await the outcome of Stoke's Planning Committee process. Safeguardlng Reputatlon Gingerbread enjoys a sterling reputation among local residents and stakeholder partners. To protect this invaluable asset, we are commilled lo a series of mitigating actions. foremost among them.. Unwavering Commitment to delivering exceptional seNice. strict adherence to agreed-upon policies and procedures. A concerted focus on the recruitment, retention. and professional development of our dedicated staff. Roadmap for the Future Our steadfast commitment to providing supported accommodation and related services at Rothesay Court and Catherine Court remains unwavering. contingent upon securing satisfactory funding arrangements.
GINGERBREAD FAMILY SUPPORT LIMITED TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARGH 2025 Our strategic ambition cenlres on establishing the capacity to deliver our Supported Accommodation model to homeless families by acquiring our own property(ies). Such a 'neW' building would primarily supplant the accommodation at Rothesay Court and, ideally, replace Catherine Court's facilities. In addition to these benefits, it would usher in economies of scale, particularly in teims of staffing costs during evening, weekend, and nighl hours, aligning with our objective to eliminate lone working periods. Our Trustees convene to chart the Charity's strategic course. They concur that diversifying our funding sources forms an integral component of our risk management strategy. ensuring the charity'5 financial sustainabilily while expanding our reach lo see more individuals in need. Structure, governance and management Gingerbread Family Support is a registered charity and is a company limited by guarantee and is constituted under a Memorandum ofAssocialion dated 18th April 2016. The trustees, who are also Ihe directors for Ihe purpose of company law. and who served during the year and up to the date of signature of the financial statements were.. Miss Fiona Miller Mr Jack Brerelon Mr Malcolm Jolliffe Mr Richard Adams Mr Caine Black Mr Henry Davies Mr Anthony McGovern Ms Salima Shariff Mr Paul Shenton (Resigned 20 August 2024) (Appointed 18 June 2024) (Appointed 22 August 2024) (Appointed 18 June 2024) R8cniitm9nt and appointment of tmslees None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee lo contribute an amount not exceeding £10 in the event of a winding up. Recrultment and Appolntment of the Management Committee Under the requirements of the Memorandum and Articles of Association the Members of the Management Committee shall retire from office in rotation every ihree years at the Annual General Meeting, after which they can be re-elected, if willing to sland and if the vacancy remains. The Management Committee seeks to ensure that the needs of the organisation and its client group are appropriately reflected in the diversity of the Trustee body. To maintain this broad mix of skills, members of the Management Committee are requested to complete a skills audit which is updated each year. If skills are lost or numbers of members decrease due to retirement, then recruitmenl will take place. Introductlon of new Trustees is done via word of mouth and personal recommendation, or via a specialist recruitment activity.
GINGERBREAD FAMILY SUPPORT LIMITED TRUSTEES, REPORT {INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Organisalional stmcture The Gingerbread Centre has a Management Committee who meet at least foul times pei yeai and who are responsible for the strategic direction and policy of the Charity. At present the Management Committee has eleven members from a variety of professional backgrounds relevanl to the work of the charity. In July 2022 we saw the appointment of Trevor Cottam as CEO. A scheme of delegation is in place and day to day responsibility for the provision of services rests with the Chief Officer. along wlh the Senior Management team. The Chief Officer has responsibility for all 3specls of the day to day operations of the Charity to ensure Ihat it delivers the services specified. remains strategically relevant and that key performance indicators are met. The Chief Officer currently also has responsibility for funding and health and safety. The Head of Services is responsible for the day to day operational management of the supported accommodation at both Rothesay Court and Catherine Court. The Finance Manager has responsibility for all day-to-day financial matters of Ihe organisation. Induction and training of truslees Most Trustees are already familiar with the practical work of the Charity. New Trustees are given relevant information about their roles and responsibilities and about the Charity in accordance wilh our poSicy for appointment of Truslees. Truslees are encouraged to visit the Charity, to altend viewings of the premises, and informal meetings are held with the Chief Officer and staff. Training opportunities are circulated lo Trustees, and they participate in planning meetings with senior management. During the Trustee inductlon new Trustees are provided with a comprehenslve handbook covering all relevant policies, procedures, and other relevant information. such as a copy of the E55ential Trustee. Remuneration policy Arrangements for setting the pay of the Charity's key personnel is currently the same as for all other employees. As part of the budget setting process for the new budget year, a salary increase option appraisal is taken for Ihe Trustees for discussion and decision, included is a simple benchmark of local salary rates for similar roles and this information feeds into the discussion. The Management Committee then consider staff remuneration and salary increases in relation lo their finances. Auditor In accordance with the company's articles, a resolution proposing that be reappointed as auditor of the company wlll be put at a General Meeting. The trustees, report was approved by the Board of Trustees. Miss Fi Trustee Date..
GINGERBREAD FAMILY SUPPORT LIMITED STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The trustees who are also directors of The Stoke-on-Trent and District Gingerbread Centre for the purposes of company law, are responsible for preparing the Truslees, Annual Report (including the Strategic Report) and the financial slalemenls in accordance with applicable law and United Kingdom Accounting Standards {Uniled Kingdom Generally Accepted Accounting Practice) Company law requires the trustees to prepare financial statements for each financial year. Under company law the truslees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and applicalion of resources, including the income and expenditure, of the charitable company for thal period. In preparing these financial statements. the trustees are required lo.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charilies SORP 2019 IFRS 102); • make judgements and estimates that are reasonable and prudent- slate whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to presume Ihat the charitable company will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial slalemenls comply with the Companies Act 2006. They are also responsible for safeguarding the assels of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: there is no relevant audit information of which the charitaNe company's auditor is unaware: and the trustees have taken all steps that they ought lo have taken to make themselves aware of any relevant audit information and lo establish that the auditor is aware of that information. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Company law requires the trustees to prepare financial statements for each financial year which give a true and falr view of the state of affairs of the charity and of the incoming reSoUrS and application of resources, including the income and expenditure, ofthe charitable company for that year. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently: observe the methods and principles in the Charities SORP.. make judgements and estimates that are reasonable and prudent- state whether applicable UK Accounting Standards have been followed, subject to any materi81 departures disclosed and explained in the financial statements., and prepare the financial slalemenls on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees afe responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charily and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
GINGERBREAD FAMILY SUPPORT LIMITED INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF GINGERBREAD FAMILY SUPPORT LIMITED Oplnlon We have audited the Iinancial statements of Gingeibread Family Support Limiled (the 'charity') for the yeai ended 31 March 2025 which comprise the statement of financial activities, Ihe balance sheet, the statement of cash flows and the notes to the linancial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparalion is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Slandany applicgble in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements.. give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resource5 and application of resources, for Ihe year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting practi., and have been prepared in accordance with the requirements of the CompaniesAct 2006. Basls for oplnlon We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Audiloffs responsibilities for the audit ol Ihe financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtain8d is sufficient and appropriate to provide a basis for our opinion. Conclusions relatlng to golng concern In auditing the financial statements, we have Goncluded that the trustees. use of the going concem basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainlies relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability lo continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our re5ponsibiliti8s and the responsibilities of the trustees with respect to going concem are described in th8 relevant sections of this report. other informatlon The other information comprises the information included in the annual report other Ihan the fina131 slstements and our auditorfs report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the olher information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsislenl wilh the financial statements or our knowledge obtained in the Course of the audit, or otherwise appears to be malerially misstated. If we identify such material inconsislencies or apparent material misstaternents, we are required to determine whether this gives rise to a material misstatement in the financial statements Ihemselves. If, based on the work we have performed, we conclude that there is a malerlal misstatement of this other informalion, we are required to report that fact. We have nothing to report in this regard. Matters on which we are required to report by exceptlon We have nothing to report in respect of Ihe following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if. in our opinion.. the information given in the financial statements is inconsistent in any material respect with the Iruslee8' report., or sufficient accounting records have not been kept: or the financial statements are not in agreement with Ihe accounting records., or we have not received all the information and explanations we require for our audit.
GINGERBREAD FAMILY SUPPORT LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF GINGERBREAD FAMILY SUPPORT LIMITED Responsibilltles of trustees As explained more fully in the statement of trustees, responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being salisfied that they give a true and fair view, and for such internal control as the trustees delermine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due lo fraud or error. In preparing Ihe financial statements, the trustees are responsible for assessing ihe charity's ability to continue as a going concern, disclosing, as applicable, matters relaled to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Audltor's responsibllities for the audit of the flnanclal statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial slatements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance bul is not a guarantee that an audlt conducted in accordance with ISAS (UK) will always detect a material misstatement when it exisls. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influen the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, lo detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. As part of our planning process-. we enquired of management the systems and controls the charity has in place, the areas of the financial statements that are most susceptible to the risk of irregularities and fraud, wh6ther there was any known, suspected or alleged fraud. the charity did not infomi us of any known, suspected or alleged fraud. We obtained an understanding of the legal and regulatory frameworks applicable to the charity. We determined that the following were most relevant.. the Charity SORP. FRS 102, Charilies Act 2011. Companies Act 2006. We considered the incentives and opportunities Ihat exist in the charity, including the exlenl of management bias, which present a potential for irregularities and fraud to be peipelualed, and tailored our risk assessment accordingly. Using our knowledge of the chaiity, together with the discussions held with the Gharity al the planning stage, we formed a conclusion the risk of misstatement due to irregularities including fraud and tailored our procedures according to this risk assessment. The key procedures we undertook to detect irregularities including fraud during the course of the audit included: Identifying and testing journal entries and the overall accounb'ng records. in particular those that were significant and unusual. Reviewing Ihe financial statement disclosures and delermining whether accounting policies have been appropriately applied. Reviewing and challenging the assumptions and judgements used by management in their significant accounting estimates. Assessing the extent of compliance, or lack of, with relevant laws and regulations. Assessing the validity of the classification of income. expendilure, assets and liabilities between unrestricted and restricted funds. Obtaining third party confirmation of material bank balances. Documenting and verifying all significant related paty balances and transactions. Reviewing documentation such as charity board minutes for discussions of irregularities including fraud. 10-
GINGERBREAD FAMILY SUPPORT LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF GINGERBREAD FAMILY SUPPORT LIMITED Because of the inherent limitations of an audit, there is a risk that we will not deted all irregu18rities, including those leading to a material misstalemenl in the financial statements or non-compliance wilh regulation. The risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial stalemenls, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities is available on the Financial Reporting Council's website al: https'.11 w.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report. Use of our report This report 16 made solely to the charily's trustees, as a body, in accordance with part 4 of the Charities {A¢counts and Reports) Regulations 2008. Our audit work has been undertaken so Ihat we might state to the charity's trustee5 those matters we are required to stale to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone olher than the charity and the charily's trustees as a body, for our audit work. for this report, or for the opinions we have formed. Geens Llmlted statutory Auditor Chartered Accountants Graphic House 124 City Road Stoke on Trent ST4 2PH 2 December 2025 BK Plus Audit Limited (Formerly Geens Limiled) is eligible for appointment as auditor of the charily by virtue of its eligibility for appointment as auditor of a company under of seclion 1212 of the Companies Acl 2006. 11
GINGERBREAD FAMILY SUPPORT LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Other income 121.745 899.943 233 7.597 46.479 385,434 507,179 290,347 1,190,290 233 7,597 46,479 32,667 824,769 14,677 6,003 36,862 34,174 268,701 66,841 1,093,470 14,677 6,003 36,862 Total Income 1,075,997 675,781 1,751,778 914.978 302,875 1,217,853 Expenditure on: Raising funds Charitatsle aclivities 5,367 889,760 5,367 321,665 1.211,425 11,948 812,023 11,948 291,634 1,103,657 Total expendlture 895,127 321,685 1,216.792 823,971 291,634 1,115,605 Net galnsl(losses) on investments {5,1161 {5,116) Net Income 180,870 354,116 534.986 85,891 11,241 97,132 Transfers between funds 12.901) 2,901 Net movement In funds 177.969 357,017 534,986 85.891 11,241 97,132 Reconclllatlon of funds.. Fund balances at l April 2024 355,742 23,122 378.864 269,851 11.881 281,732 Fund balances at 31 March 2025 533.711 380,139 913.850 355,742 23.122 378,864 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from conlinuing activities. 12-
GINGERBREAD FAMILY SUPPORT LIMITED BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Flxed assets Tangible assets Investments 14 15 374.379 8,758 72,108 374,379 80,866 Current assets Debtors Cash at bank and in hand 16 84,102 631.177 53,940 427,618 715,279 481,558 Creditors.. amounts falling due within one year 17 {175,808) (183,560) Net current assets 539,471 297,998 Total assets less current Ilabilities 913,850 378,864 The funds of the charlty R8slricted income funds Unrestricted funds 20 21 380,139 533,711 23,122 355,742 913,850 378,864 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 2025, although an audit has been carried out under section 144 of Ihe Charities Act 2011. The trustees scknowledge their responsibilities for complying with the requirement5 of the Companies Act 2006 with respect to accounting records and preparation of the financial statements The trustees have not required the company to obtain an audit of its financial statements under the requirements ol the Companies Act 2006, for the year in question in accordance wth section 476. These financial statements have been prepared in accordance with Ihe provisions applicable to companies subject to the small companies regime. The financial statements were approved by the trustees on Miss Fiona Trusteè Company registration number 2229357 (England and Wales) 13_
GINGERBREAD FAMILY SUPPORT LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operatlng actlvltles Cash generated from operations 25 491,833 112,327 Investlng actlvltles Purchase of tangible fixed assets Proceeds from disposal of investments Investment income received (367.979) 72.108 7.597 (3,005) 6,003 Net cash (used In)Igenerated from Investlng activities (288,274) 2,998 Net cash generated from flnanclng actlvltles Net Increase in cash and cash equivalents 203,559 115,325 Cash and cash equivalenls at beginning of year 427,618 312,293 Cash and cash equivalents at end of year 631,177 427,618 The notes on pages 15 to 28 form part of these financial statemenls. 14-
GINGERBREAD FAMILY SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles Charity informatlon The Stoke on Trent and District Gingerbread Centre Limited is a charitable company limited by guarantee incorporated in England and Wales. The registered office is Rolhesay Court, Fumace Road, Stoke on Trent, ST3 4LY. 1.1 Accountlng conventlon The financial statements have been prepared in accordan with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Slatement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) {effe¢tive 1 January 20191" The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in slerling, 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 historical cost convention unless otheNise slated in the relevant accounting policy. 1,2 Golng concern A the time of approving the financial statements, the twstees have a reasonable expectalion that Ihe charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern 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 the designated funds are set out in the notes to the financial slatemenls. Restricted funds are subject to specific conditions by donors or grantors as to how Ihey may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Income Income is recognised when the charity is legally enlilled to it after any pèrfoTmance conditions have been met. the amounts can be measured reliably, and it is probable that income will be received. Rental income is recognised on an accruals basis. Cash donalions are recognised on receipt other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the lime of the donation. Donated professional services are recognised in income al their fair value when their economic benefit is probable, it can be measured reliably and the Charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example the amount the charity would be willing to pay in the open market for such facililies and services. A corresponding amount is recognised in expenditure. No amount is included in the financial 5tatemenls for volunteer time in line with the SORP (FRS 102>. 15-
GINGERBREAD FAMILY SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Accountlng po15cies (Contlnued) Income from government grants, are recognised when the Charity has entitlement to the funds, any performance conditions attached lo the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. 1.5 Expendlture Liabilities are recognised a5 resources expended where there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under appropriate headings. Where costs cannot be direclly attributed to parlicular headings (support costs) they have been allocated to activities on a basis consistent with use of the resources. The cost of Raising Funds include costs of generating voluntary income and fund raising trading plus a share of support costs. Charitable Activities comprise those activities set out in detail in the report of the trustees Governance costs are those associated with the governance arrangements of the Charity which relate to the general running of the charity. This includes internal and external audit, insurance costs. legal advice for truslees and costs associaled with conslilutional and statutory requirements such as the cost of trustee meetings and preparing the statutory accounts, plus a share of support costs. Support costs are those costs incurred in the support of the fund raising, governance and charitable activities which cannot be directly attributed. They have been attributed to activitie5 as described in the notes lo the financial statements. 1.6 Tanglble flxed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairmenl losses Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Freehold land and buildings Fixtures, fittings and equipment Straight line 20/y to 40/9 per annum Straighl line- 12.5% to 33.330kn per annum Freehold land is not depreciated. The gain or loss arising on the disposal of an assel is delermined as the difference between the sale proceeds and the carrying value of the asset. and is recognised in the statement of financial activities. 1.7 Fixed asset investments Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in not incomel{expenditure) for the year. Transaclion costs are expensed as incLFrred. 1.8 Impairment of fixed assets At each reporting end date, the charily reviews the carrying amounts of its tangible assets lo determine whether thero is any indication thal those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is eslimated in order to determine the exlent of the impairment loss (if any). 16-
GINGERBREAD FAMILY SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Contlnuedl 1.9 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.1 O Flnancial instruments The charitable company only has financial assets and liabilities of a kind that qualify as basic financial inslrumenls. Basic financial instruments are inilially recognised at transaction value and subsequently measured al their settlement value with Ihe exception of any bank loans which are measured at amortised cost using the effective inleresl method. 1.11 Taxatlon The company is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore il meets the definition of a charitable company for UK corporation tax purposes, Accordingly, the company is potentially exempl from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Acl 2010 or Section 256 of the Taxalion of Chargeable Gains Act 1992, lo the extent that such income or gains are applied exclusively lo charitable purposes. 1.12 Employee benefSts The c05t of any unused holiday enlillement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to lermlnate the employment of an employee or to provide termination benefits. 1.13 Retirement beneflts Payments to defined contribution retirement benefil schemes are charged as an expense as Ihey fall due. Critical accountlng estlmates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements. estimates and assumptions about the cairying 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 conSided to be relevant. Actual results may differ from these estimates. The estimates and underfying assumptions are reviewed on an ongoing basis. Revisions to accounling estimates are recognised in the period in which the estimate is revised where the revision affects (rY that period, or in the period of Ihe revision and future periods where the revision affects both current and future periods. There are no areas of critical eslimates or judgements in the financial Statements. 17-
GINGERBREAD FAMILY SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and legacies Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted fund3 fund5 2024 2024 Total 2025 2024 Donalions and gifts Grants 121,745 385,434 507,179 32,667 21.535 12,639 54,202 12.639 121,745 385,434 507,179 32,667 34,174 66,841 Donations and gifts Gift aid Land reserve Other 95,250 95,250 367,000 44,929 367.000 18,434 26,495 32,667 21,535 54,202 121,745 385.434 507.179 32,667 21,535 54,202 Granls Together Active funding for families Stoke on Trent moving on fund 7,639 7,639 5,000 5,000 12,639 12,639 Income from other tradlng actlvltles Unrestrlcted Unrestricted funds funds 2026 2024 Fundraising events 233 14,677 Income from investments Unrestricted Unrestricted funds fund5 2025 2024 Income from unlisted investments Other income 1.083 6,514 3,962 2.041 7.597 6,003 18
GINGERBREAD FAMILY SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charitable activities Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restrlcted funds funds 2024 2024 Total 2025 2024 Charitable actlvlties Accomodation and support Activity club Other income 898.203 256,289 1,154,492 34.058 34,058 1.740 823.072 209,679 1,032,751 59,022 59,022 1,697 1.740 1.697 899,943 290,347 1.190,290 824,769 268,701 1,093,470 Expendlture on raising funds Unrestricted Unrestrlcted fund5 funds 2026 2024 Fundralslng and publlclty Other fundraising costs 5,367 11,948 19-
GINGERBREAD FAMILY SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expèndlture on charitable activities AccomodatiActivity club on and support 2025 Total AccomodattActivlty club on and support 2024 Total 2025 2025 2024 2024 Direct costs Staff costs Depreciation and impairment Recruitment and training Travel Premises 743,814 40,187 784.001 665.067 37,136 702,203 2,200 6,574 1,188 285,736 2,200 7,038 1.188 293,717 5.684 8.036 1,578 262,470 5,684 8,469 1,578 268,163 464 433 7,981 5,693 1,039,512 48,632 1,088,144 942,835 43,262 986,097 Share of support and governance costs (see note 10) Support 108,215 Governance 15.066 108,215 15,066 105,553 12,007 105,553 12,007 1,162,793 48.632 1,211,425 1,060,395 43,262 1,103,657 Analysis by fund Unrestricted funds Restricted funds 889,760 273,033 889,760 321,665 812,023 248,372 812,023 291,634 48,632 43,262 1,162,793 48,632 1.211,425 1,060,395 43,262 1,103,657 Description of charltable activltles and SLI ort Offers supported accommodation for homeless families and expectant teenage mothers. Activil clu The activity club encourages interaction through play between children an(f their parenls to build on family relationships. -20-
GINGERBREAD FAMILY SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Support Gosts allocated to actlvities 2025 2024 Staff costs Depreciation Recuritment and training Travel Office premise5 Other core costs Governance costs 42.779 159 2,017 335 11,200 51.725 15,066 29,839 6,336 3,370 54 10,284 55.670 12,007 123,281 117,560 Analysed between.. Accomodalion and support 123,281 117,560 2025 2024 Governance costs comprlse: Staff costs Accountancy other governance costs 7,549 5,700 1,817 5,265 5,765 977 15,066 12,007 11 Trustees No trustees recelved any remuneration in the year. No trustees received reimbursement of expenses in the current year. 12 Employees The average monthly number of employees during the year was". 2025 Number 2024 Number Charitable activities Management and admimistration of the charily 37 37 Total 40 40 21
GINGERBREAD FAMILY SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Employees (Contlnued} Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 756,158 54,613 23,558 671,593 43,659 22,055 834.329 737,307 During the year, the charity made £nil (2024.. £nil) redundancy and lermination payments. There were no employees whose annual remuneration was more than £60,000. Remuneratlon of key management personnel The remuneralion of key management personnel was as follows.. 2025 2024 Aggregate compensation 149,733 117,662 13 Taxatlon The charity is exempl from laxation on its activities because all ils income is applied for charitable purposes. 14 Tanglble flxed assets Frèehold land and bulldlngs Flxtures, fltllngs and equlpment Total Cost At 1 April 2024 Additions 60,789 999 60,789 367,979 366,980 Al 31 March 2025 366,980 61.788 428,768 Depreclation and Impalrment At 1 April 2024 Depreciation charged in the year 52,030 2,359 52,030 2,359 At 31 March 2025 54.389 54,389 Carrylng amount At 31 March 2025 366,980 7,399 374,379 At 31 March 2024 8,758 8,758
GINGERBREAD FAMILY SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Fixed asset investments Unlisted Investments Cost or valuatlon At 1 April 2024 Disposals 72,108 (72,1081 At 31 March 2025 Carrylng amount At 31 March 2025 At 31 March 2024 72,108 16 Debtors 2025 2024 Amounts falllng due wlthln one year: Trade debtors Prepayments and accrued income 81,032 3,070 40,896 13,044 84,102 53,940 17 Credltors: amounts falllng due within one year 2025 2024 Notes Other taxation and soal security Deferred income Trade creditors Other creditors Accruals 26,440 52,025 18,385 65,697 13,261 21,852 41,986 52,230 58,144 9,348 18 175,808 183,560 18 Deferred income 2025 2024 Other deferred income 52,025 41,986 2025 2024 Deferred income is included within.. Current liabilities 52,025 41,986 Movements in the year" -23-
GINGERBREAD FAMILY SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Deferred Income {Continued) Deferred income at 1 April 2024 Released from previous periods Resources deferred in the year 41,986 (41,9861 52.025 44,210 (2,224) Deferred income at 31 March 2025 52,025 41,986 This income has been deferred to the following year due to the timing of the company's entitlement to it. 19 Retlrement beneflt schemes 2025 2024 Deflned contrlbutlon schemes Charge to profit or loss in respect of defined contribution schemes 23,558 22,055 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separalely from those of the charity in an independently administered fund. 20 Restrl¢ted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject lo specifi'c conditions by donors as to how they may be used. At 1 Aprll 2024 Incomlng resources Resources expended Transfers At 31 March 2025 Children in Need Big Lottery CCTV RC Supporting People CC Supporting People Working With Families Granl to facilitate move ons Activity Club Development Fund Land Resetve GB Business Collective {941) 3,583 (14,399) 29,257 3,039 2,583 47,454 (48.6331 {1,2291 (148,220) (113,366) (3,039) (2,361) (2,120) 2,354 142,980 100,847 19,639 (16,738) 222 10,000 367.000 7.500 (3,617) 6,383 367,000 6,300 (1.200) 23,122 675.781 (321,665) 2,901 380,139 -24-
GINGERBREAD FAMILY SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Restricted funds {Continuedl Prevlous year: At 1 April 2023 Incoming resources Resources expended Transfers At 31 March 2024 Children in Need Big Lottery CCTV RC Supporting People CC Supporting People RC Children's PlayArea Working With Families Grant to facilitate move ons (5,737) 4,813 (18,897) 26,872 1.390 3,440 48,056 {43,2601 (1.2301 (134,046) (101,251) (1,3901 (8,0401 (2,4171 (941) 3,583 {14,399) 29,257 138,544 103,636 7,639 5,000 3,039 2,583 11.881 302,875 (291,634) 23,122 Chlldren in Need This project provides an activity club lo parents and children of vulnerable families facing homelessness. 11 also supports children and young people to increase their level of social integration, improve their well-being and develop pride. Big Lottery CCTV Funding for the provlsion of CCTV at Catherine Court. Supportlng People- Rothesay Court Funding for the provision of Accommodation and Support at Rothesay Court. Supportlng People- Catherlne Court Funding for the provision ofAccommodation and Support al Catherine Court. Working with Families Funding to support family wellbeing through activities, days out and workshops. Actlvlty club development fund Funding from Gladmans Properties lo develop the activity club out into the communily, still on going. Land reserve Funding from Gladmans lo acquire land at Oxford Road. Planning permission now granted for new build Containing 54 units, Capital Appeal being drafted. GB Buslness Colle¢tlve Funding to set up a Business Collective, unfortunately Fundraising Manager left part way through the project therefore the balance of £6.3k has been carried forward. The new Fundraising Manager will be picking this up in this coming year and spending that balance. -25-
GINGERBREAD FAMILY SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 21 Unrestrlcted funds The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.. At 1 April 2024 Incoming resources Resources expended Transfers Gain5 and At 31 March losses 2025 Emergency fund Furniture renewals Oxlord Road General funds 1,527 5,511 (4,877) 2,161 74.731 (27.518) (3.209) (859.523) 47,213 88,541 395,796 91.750 978.736 279,484 (2,901 > 355,742 1.075.997 (895.127) (2,901) 533.711 Prevlous year: At 1 Aprll 2023 IncomSng resources Resources expended Transfers Galns and At 31 March losses 2024 Emergency fund Furniture renewals General funds 1,077 5,587 (5,137} 1,527 61,964 206,810 12,767 896,624 74,731 279,484 (818,834) (5,116) 269,851 914.978 (823,971) (5.116) 355,742 Emergency Fund A hardship fund for residenls. Furnlture renewals A fund for the cyclical renewal of furniture in resident accommodation. Oxford Road A fund for the security and developmenl of the landlsite at Oxford Road. General funds These are unreslricled funds thal are not designated.
GINGERBREAD FAMILY SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 22 Analysis of net assets between funds Unrestrlcted funds 2025 Restricted funds 2025 Total 2025 At 31 March 2025,, Tangible assets Currenl assetsl{liabililies) 4,884 528,827 369,495 10,644 374,379 539,471 533,711 380,139 913,850 Unrestrlcted funds 2024 Restrlcted funds 2024 Total 2024 At 31 March 2024: Tangible assets Investments Current assetsl{liabilities) 4,932 72,108 278,702 3,826 8,758 72,108 297,998 19,296 355,742 23,122 378,864 23 Operatlng lease commitments Lessee Al the reporting end date the charity had outstanding commitmenls for future minimum lease payments under non-cancellable operating leases. which fall due as follows= 2025 2024 Within one year Beeen two and five years 4,165 2,429 3,861 4,153 6,594 8,014 24 Related party transactlons Other than remuneration to key management personnel there were no disclosable related party transactions during the year (2024 - none). -27-
GINGERBREAD FAMILY SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 25 Cash generated from operattons 2025 2024 Surplus for the year 534,986 97,132 Adjustments for: Investment income recognised in statement of financial activities Fair value gains and losses on investments Depreciation and impairment of tangible fixed assets (7,597) (6,0031 5,116 5,147 2,358 Movements In worklng capltal: (Increase) in debtors {Decreasellincrease in creditors Increasel{decrease) in deferred income {30,162) (17,7911 10,039 (11,250) 24,409 (2,2241 Cash generated from operatlons 491,833 112,327 26 Analysls of changes In nel funds The charity had no material debt during the year. -28-