Charity registration number 1089508 Company registration number 04189331 (England and Wales) INCLUSIVE LEISURE, EDUCATION AcfiviTIES PROJECT ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr LEGAL AND ADMINisfRATIVE INFORMATION Trustees J Crossling R P Howdle Miss K Reid Mrs P Wright J M D Taylor E Bond Secretary P Bazeley CEO Charity number 1089508 Company number 04189331 Registered office Elizabeth House Church Street Stratford upon Avon Warwickshire CV37 6HX Independent examiner Burgis & Bullock 8 Elm Court Arden Street 5tratford upon Avon CV37 6PA
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr CONTENTS Page Trustees, report Independent examiner's report Statement of financial attivities Balance sheet io-ii Notes to the financial statements 12-24
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their annual report and financial statements for the year ended 31 December 2023. The financi31 statements have been prepared in accordance with the accounting policies set out in note I to the financial statements and comply with the charity's memorandum and articles of association, 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 (FRS 102) (effective l January 20191" Objectives and activities The objects of the Charity are to create and sustain equal access and inclusion for disabled people to community provision and facilities. al the provision of self-development opportunities. assisted or otherwise for disabled people living in the distritt of Stratford on Avon and elsewhere. bl the promotion of leisureleducation for and regarding disabled people living in the district of Stratford on Avon and elsewhere. cl to develop and expand opportunitie5 for self-development for disabled people in the district of Stratford on Avon and elsewhere. Public benefit The trustees have have paid due regard to the Charity Commission's guidance on public benefit as required by the Charities Act. 2011 in deciding what activities the charity should undertake.
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Achievements and performance 5ignificGnt activities and achievements against objectives Inclusive Leisure, Education Activities Project I ILEAP) became a private limited company on 28 March 2001 and a registered Charity on 27th November 2001. This was a major development for the Project as it developed. from under the wing of Voluntary Attion Stratford-on-Avon Association IVASAI, to an independent and user led organisation. th Being managed by a cross-section of the ILEAP community and having its own accounts allowed the Charity to access a variety of funding opportunities, that otherwise were inaccessible due to being incorporated into the VASA accounts. This in turn led to an increase of services and opportunities for an increasing membership. ILEAP aspires to the following mission statement. "We believe all people have the right to leisure. education and self-development opportunities. Currently, many disabled people are denied this by attitudes in society and by environmental and organisational barriers. We aim to create and sustain equal access and inclusion for disabled people to community provision and facilitie5. We strive to raise awareness within communitie5 in order to promote good inclusive working practices and facilitate social change." Through its work the Charity has continuously improved its delivery by involving participants and their families, leisure providers, sessional staff and volunteers in the planning and development of services. This involvement enabled the ILEAP Charity to become the first organisation in Warwickshire to achieve the Warwickshire Award for Involvement and has led the Charity to focus on the following services that ILEAP members and their families have specifically requested: To provide opportunities for fun and friendship during people's leisure time for people aged 4 years and over who are disabled. vulnerable or have additional needs. To provide stimulating, challenging and rewarding. community based, activities for vulnerable individuals, so that their families can have a short break, in the knowledge that their loved one is safe whilst taking part in an activity of their choice. To focus on people who may fall through the net of Statutory Funding, typically those with a mild / moderate learning disability/additional need. To involve participants and their families in the development and future direction of the Charity. To work in partnership with other providers to ensure best use of resources. To continuously improve services through user involvement and customer feedback. To work imaginatively so that vulnerable people can safely access community leisure provision alongside their non-disabled peers.
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 In the wake of the loss of direct Statutory funding from April 2013 (see 2013 accounts) the Charity endeavours to sustain its services and promote new senrfices that will hopefully generate income, thus making the organisation more sustainable. The Charity has worked hard in developing new services that will not only add value to the programme but will provide future income streams. The combination of reduced reserves and a more social enterprise approach will enable Funders from individual Charitable Trusts to look favourably on future funding applications. The Charity has managed to increase opportunities for a growing membership of people with Additional Needs. offering community based. term time, school holiday. individual and group support. Feedback for the year has once again been extremely positive and can be viewed at our website www.ilea .co.uk. We have increased our use of social media and our Facebook, Twitter and Instagram accounts have proved to be an excellent way of showcasing our work to the wider community and engaging with our Members and their Families. Similarly, our presence at local Markets through our Market Ability social enterprise has enabled us to engage more directly with the wider local community. With increased competition from a growing marketplace of providers, ILEAP have endeavoured to work as efficiently and creatively as possible, whilst maintaining high levels of customer satisfaction. In order to stand out from the crowd the Charity has listened carefully to its customers and their families and has formed new partnerships with community leisure providers, opening accessible routes for disabled people to take part in activities alongside their disabled and non-disabled peers. The Charity has a user group that ensures planned activities are user led and thus well received. The Charity is also mindful when planning attivities to ensure they work equally well for parents. carers and loved ones offering them a short break in the knowledge that their loved one is safe and having fun alongside friends old and new. This creative and imaginative approach ensures our Members can access a full and varied programme of community based leisure activities, ensuring their holistic health and wellbeing. Our focus on fun, friendship and Safety. ensures that our user led activities are well received by participants and their families.
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 The solid foundations laid over the previous 12 months have enabled ILEAP to reach new heights in 2023. Our strategy of delivering smaller, more personalised group sessions more frequently has been well received by our members and their families. An additional benefit of this approach that we had not fully considered was the positive impact this would have on our Staff and Volunteers. The combination of the introduction of new Staff contracts with improved terms and conditions, the additional training and the regular shift patterns have created a strong and supportive teamwork culture characterised by the shared belief that ILEAP can move forward most effectively when cooperation and collaboration are put at the heart of planning, thinking and decision making. This positivity and renewed enthusiasm have given the sessions this year a energy and a vibrancy, making them a welcoming and safe space to be for our members old and new. The eclectic mix of characters and personalities from existing and new members alongside the support from the Staff and Volunteer team and increasingly the positivity from the wider community has created something very special. We encourage visitors to our sessions so that you can see the above first hand, just let us know in advance and we will provide a safety briefing and make you most welcome. This may spark the fuse that gets you into Volunteering and leads to improved mental health and wellbeing. Our members love a new face, and we have friendly member ambassadors who are super keen to show you around and talk you through our journey. Our investment in our core team of Trustees, CEO. Finance and Project Coordinators is paying dividend. and the opportunity to work collectively on new project ideas is strengthening our offer considerably. Our strategy prior to the pandemic was to try and become sustainable by charging a market price for the activities, a strategy proposed by Warwickshire County Council back in 2013. However, with the cost-of-living crisis and the increasing demands on household finances, combined with the long delays families with disabled children are experiencing in getting assessments from a stretched social care system, ILEAP are gradually implementing a new approach by offering high quality experiences at more affordable prices.
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 To help with this we are applying for more and more grants from charitable trusts to support our work and are thrilled to have been awarded a substantial three-year grant from the National Lottery Community Fund. To reward existing members and attract new members we were able to offer approximately £20,000 of free and subsidised activities during 2023. These sessions have been carefully considered to try and reward our members and their families and to attract new members and to get those still isolating following the pandemic, back out into their community of place and interest. Sessions such as a new children's disco and the horsemanship course, were set up to attract the next generation of ILEAP members and to provide positive experiences for them and their families. We tried to continue to think creatively and outside the box by offering a unique selling point that would get people hooked, socialising and regularly out and about. For example, the Children's Disco teamed up with a local Party planner called Little Kingdom, and we had regular visits from Disney characters, Barbie, Cinderella, Belle, Spiderman and the Marvel Superheroes. Younger children now had a monthly party to look forward to and Parents and Carers had the stress of meeting the needs of peer groups removed. In the words of one of our Parent I Carer: "My Son had never been invited to a Party before and we struggled to meet friends from school. The ILEAP monthly party is a fantastic idea and allows my Son and his siblings to play and socialise and feel special. Thank you for making this happen. for him." The Horsemanship was delivered at our local RDA facility. introducing our members to this activity and encouraging them to take up a new hobby in the longer term. The regular 6-week introduction courses provide participants with a new and instil a confidence as they move from the mechanical horse to riding their own pony. "This is the only time in the week that I see my Daughter truly happy" A highlight of the year was our 23rd anniversary Prom, giving our young adults the opportunity to experience a 3-course formal dinner and dress to impress, levelling the playing field with their siblings and giving them new and empowering experiences. We employed specialist Staff with a lived experience who showcased their talents as DJ'S and Magicians at this event. highlighting that the sky is the limit for our members. Similarly, we introduced the ILEAP Holiday Makers initiative and took our first group of ILEAP friends on a successful personalised showcased themed holiday, "This is a dream come true" said one of our members who was enjoying his first ever independent holiday. with S of his friend5. Our Holiday Makers motto 'Making ILEAP Memories that last a lifetime I" was hit home at the tribute nights, the variety shows and the theme parks, vislts to the beach, the amusements, archery and go karts. We have continued to work hard at improving our staff and volunteer recruitment and retention and have introduced software that helps to keep our non-desk workforce safe and empowered by improving communication, management, and training.
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 As a Living Wage Employer. we work hard to offer excellent rates of pay and flexibility so that Staff can find the perfect work / life balance and focus on their hobbies and interests to develop new services. This approach delivers amazing results as staff start to get paid for doing the things they love. Our members learn and take part in these activities. having the consistency they need to thrive. It is also the reason that our Staff retention remains robust, saving us money on recruitment and training - an approach that is proven year on year to save money and add value. Over the next 12 months we plan to strengthen our Trustee Team further focusing on those with a lived experience becoming part of our Trustee board. We aim to develop sub committees focusing on finance and funding, marketing, human resources, sales, and strategy. We plan to roll out a tried and tested programme of more affordable community based leisure provision, trialling new, user led services, and continuously improving these services, based on stakeholder feedback. We are proud of our achievements to date. We would like to thank our stakeholders for all their help and support over the past 12 months as we look forward to the fresh challenges that lie ahead. Financial review The Board of Trustees has examined the charity's requirements for reserves in the light of the main risks to the organisation and has developed a comprehensive reserve policy. Reserves are needed to bridge the gap when there are delays in funding and the Trustees feel that 8 to 12 months running costs are required in order to meet our commitments to our members. As at the year end, the charity has unrestricted funds of £232,110 {2022- £206,592) and restricted funds of £22.37612022.' £11,594). Investment policy Under the memorandum and articles of association, the charity has the power to make any investment that the trustees see fit. Major risks The trustees have assessed the major risks to which the charity is exposed, and are satisfied that Systems are in place to mitigate exposure to the major risks. Structure. governance and management The charity is a company limited by guarantee and a registered charity governed by its memorandum and articles of association.
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 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: J Crossling R P Howdle Miss K Reid MsRJScott Mrs P Wright J M D Taylor E Bond (Retired 24 April 20231 Recruitment and appointment of trustees Trustees, who are also Directors of the Company. are elected at the Annual General Meeting, nominated by a member or co-opted by the Trustee board. A seperate process as per the Memorandum and Articles of Association is followed by the Trustee Board for the elertion of the chair. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. Organisctional structure A board of trustees. who meet quarterly. administers the Charity. A CEO is appointed by the trustees to manage the day-to-day operations of the charity- The current CEO is Peter Bazeley. Relationship with related porties The Charity has a close relationship with Stratford on Avon District Council, Warwick District Council, Warwickshire County Council, Voluntary Attion Stratford on Avon Distritt. Warwickshire Community and Voluntary Action, Warwickshire Young People First, additional Needs Schools in Warwickshire, Stratford Town Trust, Leisure and Recreation providers across South War¥vickshire and beyond, all of which provide funding, advice and support. The Trustees, report has been prepared having taken advantage of the small companies exemption in the Companies Att 2006. The trustees, report was approved by the Board of Trustees. Mrs P Wright Trustee 02 Jun 2024 Date:
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF INCLUSIVE LEISURE. EDUCATION ACTIVITIES PROJEcr I report to the trustees on my examination of the financial statements of Inclusive Leisure, Education Activities Project (the charity) for the year ended 310ecember 2023. Responsibilities and basis of report As the trustees of the charity land also 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 of the charity's financial statements carried out under sertion 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Direttions given by the Charity Commission under settion 14515llbl of the 2011 Act. Independent examiner's statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Association of Certified Chartered Accountants. which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respert.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Att- 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 Statement of Recommended Practice 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 1021. I have no concerns and have come across no other matters in connertion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. FCCA Burgis & Bullock 8 Elm Court Arden Street Stratford upon Avon CV37 6PA Dated: 02 Jun 2024
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Reststed Total Unrestricted Restricted funds funds 2022 2022 Restated Total Unrestricted Restricted funds funds 2023 2023 2023 2022 Notes Income from: Donations and legacies Charitable activities Investments 6.507 202,392 5.754 11,757 116,113 18.264 318,505 5.754 13,277 192,831 5.132 13,277 240,259 5,132 47,428 Total income 214,653 127,870 342,523 211,240 47,428 258,668 Charitable activities Other expenditure 207.262 136 117.088 324.350 136 211.826 163 52.631 264,457 163 Total expenditure 207.398 117.088 324.486 211.989 52.631 264,620 Net gainslllossesl on investments io 18.263 18.263 {23.5791 (23.5791 Net income/{expenditure) and movement in funds 25.518 10.782 36.300 {24.3281 {5.2031 (29,5311 Reconciliation of funds: Restated fund balances at I January 2023 206.592 11.594 218.186 230.920 16.797 247,717 Restated fund balances at 31 December 2023 232.110 22.376 254.486 206.592 11.594 218,186 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr BALANCE SHEET AS AT31 DECEMBER 2023 2023 2022 as $tated Notes Fixed assets Investments 12 201.144 182,881 Current assets Debtor5 Cash at bank and in hand 13 4.305 74,156 2,904 52,909 78,461 55,813 Creditors: amounts falling due within one year 14 25,119 20,508 Net current assets 53.342 35,305 Total assets less current liabilities 254,486 218,186 The funds of the charity Restricted income funds Unrestricted funds 15 22,376 232.110 11,594 206,592 254,486 218,186 10-
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr BALANCE SHEET (CONTINUED) AS AT31 DECEMBER 2023 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Art 2006, for the year ended 31 December 2023. The directors acknowledge their responsibilities for complying with the requirements 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 financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 02 Jun 2024 The financial statements were approved by the trustees on . Mrs P Wright Trustee Company registration number 04189331 {England and Wales) 11
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policies Charity information Inclusive Leisure. Education Activities Project is a private company limited by guarantee incorporated in England and Wales. The registered office is Elizabeth House, Church Street, Stratford upon Avon, Warwickshire, CV37 6HX. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's memorandum and articles of association, the Companies Act 2006, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" {"FRS 102,1 and the Charities SORP "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 1021" (effective l 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 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterlin& 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, modified to include the revaluation of fixed asset investments at fair value. 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 expectation that the 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. 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. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met. the amounts can be measured reliably. and it is probable that income will be received. 12-
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policies {Continued) Voluntary income and donations are included in incoming resources when they are receivable, except when the donors specify that they must be used in future accounting periods or donors conditions have not been fulfilled. then the income is deferred. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs. 1.5 Expenditure Expenditure is recognised once there is 3 legal or constructive obligation to transfer economic benefit to a third party. it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each artivity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each artivity. 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 between those attivities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. Resources expended are included in the Statement of financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered. Expenditure which is directly attributable to specific attivities has been included in those cost categories. where costs are attributable to more than one activity, they have been apportioned across the cost categories on a basis consistent with the use of these resources. 1.6 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 net incomellexpenditurel for the year. Transaction costs are expensed as incurred. 1.7 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. 13-
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policies {Continued) 1.8 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial InstrLbments1ssue5' of FRS 102 to all of it5 financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basicfinoncial 055ets Basic financi31 assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently 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. Financial assets classified as receivable within one year are not amortised. Bosicfinonciol liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction. where the debt instrument is measured at the present value 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 obligations to pay for goods or services that have been acquired 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 me35ured at amortised cost using the effective interest method. Derecoqnition offinanciol liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.9 Employee benefits The cost of any unused holiday entitlement 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 terminate the employment of an employee or to provide termination benefits. 14-
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policies {Continued) 1.10 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Income from donations and legacies Unrestricted Restricted funds funds 2023 2023 Total Unrestricted Restricted funds funds 2022 2022 Totsl 2023 2022 Donations and gifts Other 3.960 2,547 11.757 15.717 2,547 8.629 8,629 4,648 6.507 11.757 18.264 13.277 13,277 Charitable activities 2023 2022 Client income and donations Grants 202,392 116.113 192,831 47,428 318,505 240,259 Analysis by fund Unrestricted funds Restritted funds 202,392 116.113 192,831 47,428 318,505 240,259 15-
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Investments Unrestricted Unrestricted funds funds 2023 2022 Dividend income 5.754 5,132 16-
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Charitable activities As restated 2022 2023 Staff Costs Publicity Venue Hire Uniform Professional Fees Insurance 154,072 109 118,177 372 67,285 li 39,579 248 5,538 1.298 1,141 4,052 13.938 7,326 2,330 1,147 1,395 971 Consumables Equipment Specialist Staff Transport Quality and compliance Subscription fees 655 5,407 26,239 2,176 2,190 707 258,247 198,116 Share of support costs (see note 61 Share of governance costs (see note 6) 64.504 1,599 65,111 1,230 324.350 264,457 Analysis by fund Unrestricted funds Restritted funds 207.262 117,088 211,826 52,631 324.350 264,457 17-
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Support and Governance costs Support Governance costs costs 2023 Support Governance costs costs 2022 Staff costs Miscellaneous Communications and IT Stationery Payroll support service HR support service 56,268 1.039 1.355 1,208 1.768 2.866 56,268 1.039 1.355 1,208 1.768 2.866 57,990 344 57,990 344 1.432 1,057 1.661 2.627 1,432 1,057 1,661 2.627 Independent exam fees 1,599 1,599 1,230 1,230 64.504 1.599 66.103 65.111 1,230 66,341 Analysed between Charitable activities 64,504 1.599 66.103 65.111 1.230 66,341 Trustees None of the trustees received any remuneration or benefits from the charity during the year. Employees The head count number of employees during the year was: 2023 2022 Number Number Project manager Project youth workers and support staff 20 16 Total 21 17 18-
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Employees {Continued) As restated 2022 Employment costs 2023 Wages and salaries Social security costs Other pension costs 193,283 6,377 10,680 161,985 4,833 9,349 210,340 176,167 Total key management personnel remuneration and benefits amounted to £63,198 {2022: £65,268). The number of employees whose annual remuneration was £60.000 or more were.. 2023 Number 2022 Number £60,000- £70.000 Other Unrestricted Unrestricted funds funds 2023 2022 Financing costs 136 163 19-
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 10 Net gains1(10sses) on investments Unrestricted Unrestricted funds funds 2023 2022 Revaluation of investments 18.263 (23,5791 11 Taxation The charity is exempt from taxation on its artivities because all its income is applied for charitable purposes. 12 Fixed asset investments Unlisted inve5tmentS Cost or valuation At l January 2023 Valuation changes 182,881 18,263 At 31 December 2023 201,144 Carrying amount At 31 December 2023 201,144 At 31 December 2022 182,881 -20-
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 13 Debtors 2023 2022 Amounts falling due within one year: Other debtors Prepayments and accrued income 1,913 2,392 2,904 4,305 2,904 14 Creditors: amounts falling due within one year As restated 2022 2023 Other creditors and accruals 25,119 20,508 21
00 00 rfi o cn Ln o) o o Ln o o 00 rrirri o a¥ o o a¥ o Ln p4 u) O ts) Ln (Tr Ln C Mr Ln o o Joo O Ln
£t 00 00
INCLUSIVE LEISURE, EDUCATION ACTIVITIES PROJEcr NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 16 Analysis of net assets between funds Unrestricted funds 2023 Restricted funds 2023 Total 2023 Fund balances at 31 December 2023 are represented by: Investments Current assets/lliabilitiesl 201,144 30.966 201,144 53,342 22.376 232,110 22,376 254,486 As reststed Unrestricted funds As restated Totsl Restricted funds 2022 2022 2022 Fund balances at 31 December 2022 are represented by: Investments Current assets/lliabilitiesl 182,881 23,711 182,881 35,305 11,594 206,592 11,594 218,186 17 Related party transactions During the year CEO Peter Bazeley's spouse received £13.12712022.' £11,256) and his daughter received £4,87012022- £2,720) in remuneration for their work as support friends. During the year Trustee Richard Howdle's daughter received £6.72112022: £2,179 } in remuneration for their work as a support friend. During the year Trustee Joseph Taylor's spouse received £7.067 (2022: 13.4891 in remuneration for their work as a support friend. 18 Prior period adjustment The charity pays salaries and associated costs a month in arears Therefore a creditor has been included for this in the accounts this year and adjustments made to the 2022 figures. Other creditors has been increased by £15,929. wages and salaries has been increased by £5.577 and reserves brought forward has been decreased by £10,352, -24-