Company number: 4249272 Charity Number: 1092560
## **Ivison Trust**
## (formerly **P** arents **A** gainst **C** hild **E** xploitation)
Report and Financial Statements For the year ended 31 March 2024
**Ivison Trust Waverley House, Unit 10, Killingbeck Drive, Leeds LS14 6UF.**
**Phone 0113 240 3040 Email info@ivisontrust.org.uk www.ivisontrust.org.uk**
## **Reference and administrative information for the year ended 31 March 2024**
**Company number:** 4249272 **Charity number:** 1092560
**Registered office and operational address:** Unit 10, Waverley House, Killingbeck Drive, Leeds, LS14 6UF
**Other name that the charitable company uses:** Pace
## **The charity changed its name from Parents Against Child Exploitation to Ivison Trust on 01/11/2023.**
**Trustees:** _Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows:_
Gail Gibbons Chair of Trustees (appointed April 2024) Aravinda Kosaraju Vice chair of trustees Laura Remington Treasurer Zoe Butt Secretary (appointed 11/09/2023) Jane Martin Chair (resigned 11/09/2023) Mike Brown Treasurer (resigned 11/09/2023) Paul Burnside Ian Hardwick Sandra Johnson (resigned 11/09/2023) Marlon West (appointed 11/09/2023) Nathan Mulligan (appointed 29/01/2024) Kirsty Hovnanian (appointed April 2024)
## **Key Management Personnel:**
Lindsay Dalton Chief Executive Officer
**Bankers:** Leeds Building Society, Street Lane Branch, Leeds LS8 1AP CCLA Investment Management Ltd, 1 Angel Lane, London EC4R 3AB Co-op Bank, PO Box 250, Delf House, Southway, Skelmersdale WN8 6WT
**Solicitors:** Wrigleys Solicitors, 19 Cookridge Street, Leeds LS2 3AG
## **Independent Examiner:**
Christy Lau FCCA CTA DChA, Slade & Cooper Limited Beehive Mill, Jersey Street, Manchester M4 6JG
1
## **Report and Financial Statements for the year ended 31 March 2024**
Pace trustees present their report and the unaudited financial statements for the year ended 31 March 2024. Included within the trustees’ report is the directors’ report as required by company law.
Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.
## **Objectives and activities**
The objects of the charitable company as set out in the Memorandum and Articles of Association are:
- To advance the welfare of women and girls who are, or are at risk of, suffering from sexual exploitation, trafficking or violence through prostitution, with particular reference to pimps
- To advance public education about prostitution and its impact on individuals and society.
- To advance the welfare and education of families affected by the activities of pimps (subject to change following updating.) (These objects are being reviewed and will be intended to be filed by Companies House by August 2024).
Activities undertaken for public benefit in relation to objects in planning our activities for the year, we kept in mind the Charity Commission’s guidance on public benefit. In particular, the trustees considered how planned activities contributed to the aims and objectives they have set.
## **Summary of main activities**
**Work with parents and carers affected by child exploita�on**
- Specialist telephone-based parent support workers provide parents with one-to-one advocacy, advice and emotional support across England and Wales.
- Face-to-face support, advocacy and advice for families affected by child sexual and criminal exploitation were delivered in local authority areas where Ivison Trust is commissioned to work within multi-agency teams.
- Through parent participation, we supported parents to raise awareness about the impact of child exploitation on families. Created opportunities for peer support for parents through the facilitation of residential parent network events, peer support groups and Ivison Trusts online Parent Forum.
- Delivered a national volunteering programme with one-to-one volunteer befrienders matched to affected parents.
- Delivered out-of-hours call line support on weekends
- Delivered Therapeutic counselling across West Yorkshire
## **Na�onal Training and Development Programme**
- Delivering training to professionals including the police, social care, schools, foster carers and other frontline professionals.
- Delivering community briefings to local services, school parent evenings, etc. Provided keynote speeches and presentations at national conferences.
## **Policy, research and communica�ons**
- Development of Pace online resources, training and social media engagement
- Marketing of national training programme
- Research and evaluations to evidence the experience of families and Ivison trust’s impact.
- Production of resources for parents and partners
- Media briefings and interviews
- Contribution to consultation and reviews relating to child exploitation
##
The trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objec�ves and in planning its future ac�vi�es. In par�cular, the trustees consider how planned ac�vi�es will contribute to the aims and objec�ves that have been set. The areas addressed by the planned ac�vi�es are:
- Children experiencing threats outside the family home
- Affected families need support as a result of their child’s exploitation and their agency in safeguarding their children.
- Informing statutory agencies and society in general about the threats facing children outside the home.
##
- Affected parents
- Sexually and criminally exploited child or young person
- Siblings and other family members
- Professionals working to safeguard children
- Policymakers
- Non-affected parents
## **How they benefit**
- Affected parents accessing the national parent support service reduce their isolation, increase their understanding of exploitation, and strengthen their resilience.
- Affected parents supported by a parent liaison officer experience an improvement in family relations, improved safeguarding measures at home and a reduction in children going missing from home. Fewer children go into care because of child exploitation. Parents
3
sharing information with the police can lead to an increase in the disruption and conviction of perpetrators. In the long term, there can be a better chance of exit and recovery from the abuse as the child matures into adulthood.
- Sexually and criminally exploited children and young people benefit from being better understood and supported at home by their parents/families, getting justice against their abusers and being better able to exit from their abuse.
- Siblings and other family members benefit from improved family relations and increased safety at home.
- Professional partners benefit from learning about the impact of exploitation on families and making decisions that help to keep children and their families safe.
- Policymakers gain insights into the lived experience to help inform policy and practice on child exploitation.
- Non-affected parents benefit by learning about the warning signs of child exploitation and putting in place preventive measures to reduce the likelihood of exploitation occurring.
## **Our work in England and Wales**
- We worked with 701 families
- We trained 1,669 professionals and 1627 community members
- We supported the safeguarding of 1051 children
_“I felt like my guardian angel had walked in the door when my Ivison trust worker first came to see me, it was the first time I was asked how I was coping and told someone was there for me. Until now, all the support had been reliant on my son working with the services, but he did not want to; he did not see the risks of the offenders like us due to the grooming he had been reprogrammed. I’d felt like I couldn’t go on anymore, then Ivison's trust support came, I felt heard and listened to, and things started to change. The information I had was being used and those responsible for my child’s exploitation started to be looked at.”_ **Parent**
## _**Supporting parents and keeping children safe**_
**Parent liaison officers** : face-to-face support, advocacy and advice for families affected by child sexual and criminal exploitation.
- 494 Families supported
- 587 Children safeguarded
- 345 pieces of intelligence shared
- 98 Investigations and prosecutions supported
4
**National parent support service:** specialist telephone-based advocacy, advice and emotional support for parents affected by sexual and criminal exploitation of their children, across England and Wales.
- 207 Parents supported
## _**Raising awareness and improving practice**_
## **Training professionals**
- 1669 professionals booked onto our interactive training
- 35 graduates from our Level 4 Accredited Award in Child Sexual Exploitation with the final cohort of 2023-24 pending accreditation.
- 1627 parents attended parent webinars
_“This has been the most informative and interactive course I have been on for a very long time if ever. The quality of the speakers and their expertise in child exploitation was amazing. So refreshing to have the issues raised_ _**WITH** potential responses and solutions._ **ACSEP Graduate**
_“I had been living with the concerns that my child was being abused and dealing with it pretty much alone. I was too frightened to get help for fears of what would happen to my child. After attending this evening, I will be contacting Ivison Trust. Thank you to the parent speaker sharing your journey and bravery has been huge help for me.”_ **Parent attending the webinar on County Line**
## _**Campaigning and Parent Participation**_
## **Parents signed up to parent participation**
- April 2023-March 2023 107 parents (71 affected by CSE and 36 affected by CCE)
## **Parents signed up for the newsletter**
- April 2023-March 2024 we had 200 parents sign up for the newsletter
## **Consultancy**
- 5 parents consulted as part of an advisory panel for research conducted on the links between neurodiversity/Send young people and CCE/Trafficking.
- Several parents participated in research conducted by the University of West London on the impact CCE has on families.
- Several parents consulted on the North Yorkshire CCE campaign
- 5 parents contributed to the Innovate consultation regarding local authorities' implementation of the contextual safeguarding approach.
## **Training**
- 4 parents supported Ivison trust training.
- 2 parents supported the ACSEP training six times.
- 1 parent supported the ACE training five times.
- 1 parent-supported training for Regional organised crime unit
5
- 5 parents facilitated a parent led lived experience conference in Manchester.
- 5 parents with their children were filmed for awareness training resources for the National County lines coordination centre.
## **Conferences**
- 5 parents spoke at the Ivison trust parent led conference.
_“It was a privilege to listen to the experiences of the brave parents sharing their stories’_ ‘Very impactful and a stark reality of how important communication with parents is.. wow what a day’
**Attendees feedback from the conference**
## **Residential Parent Network Events**
In September we ran a joint parent residential weekend for 39 families affected by CSE and CCE, facilitating separate spaces for the two groups. The weekends provide a unique and highly valued opportunity for parent-peer support and are carefully choreographed by staff to maximise their therapeutic value.
## **Parent Forum**
We have 167 active parents using the forum. The forum provides an important safe space for parents to receive non-judgmental support from their peers and is often used out of hours when parents are most struggling with their child missing and have no access to their social worker or youth worker.
## _**Communications / Policy / Research**_
## **Website**
- 121,282 unique users visited the Pace website.
## **Social Media**
- We have a total audience of 10,242 across all of our social media platforms.
## **E-Newsletter**
- We have over 14,475 subscribers to our newsletter.
## _**Fundraising**_
## **Grants**
- Lottery Community Fund: 3-year grant, Nov 202023 to Oct 2026, for Head of Parent Support Operations, Parent Participation Coordinator and Office Manager. Renewed from the previous Lottery funding running 2019-2023.
- Albert Gubay Foundation: 3-year grant, 2022 – 2025 for national parent support service.
- Samworth Foundation: 3-year grant, 2020 – 2023 with a year extension to March 2024 for Head of Partnerships and then for CEO from August 2021.
6
## **Commissions**
- Blackburn with Darwen Safeguarding Children Partnership: 2023 – 2025 Engage Parent Liaison Officer
- Lancashire Police & Crime Commissioner: Ministry of Justice Domestic Abuse & Sexual Violence Fund, 2022 -2025. Lancashire Parent Liaison Officers East and North.
- Calderdale Council: April 2023 – March 2025 Calderdale Parent Liaison Officer
- Kirklees Council: April 2023 - March 2025 Kirklees Parent Liaison Officer
- Wakefield Council: January 2023 - March 2025 Wakefield Parent Liaison Officer
- Bradford Council: April 2023 - March 2025, Bradford Parent Liaison officer
- Merseyside VRU: June 2023 - April 2024, Liverpool Parent Liaison Officer
- North Yorkshire Police & Crime Commission (PCC): April 2024 - March 2025, North Yorkshire Parent Liaison Officer
- North Yorkshire PCC - Ministry of Justice Domestic Abuse & Sexual Violence Fund, 2023 - 2025
- West Yorkshire Police & Crime Commission: match funding with Calderdale, Kirklees, Wakefield Councils and Bradford.
- National County Lines Coordination Centre: funding for parent webinars.
- Northamptonshire Police and Crime Commission: parent webinars
## **Financial review**
Reserves at the year-end were £325,738 comprising restricted funds of £37,357 and unrestricted funds of £288,381.
Reserves policy in 2023-24 with a budgeted income and expenditure of around £900,000 the minimum reserves needed to cover 3 months running costs is £225,000.
## **Plans for 2024 - 2025**
## **Working with affected parents**
- National Parent Liaison Team: work with parents in England and Wales from 150 families per year affected by sexual and criminal exploitation.
- Co-located Parent Liaison Team: Managed commissioning partnerships with local authorities and the police in 2024-25 with the provision of an Ivison Trust Parent Liaison Officer. Look to develop new commission partnerships in London / South East from 2025.
- Campaigning / Parent Participation: create opportunities for parents to speak directly or through video and audio clips at training events and conferences, meet key policymakers, talk to the media, share their experience and expertise on social media and contribute to research.
- Roll out the parent programme, supporting parents affected by child exploitation on an 8- week support programme funded by Charles Hayward.
## **Training**
- Deliver a menu of accredited training courses to 1,500 practitioners, and provide a range of online training webinars and e-courses.
7
## **Policy / Research / Communications** :
Ongoing development of our digital capabilities to help grow the organisation and enable learners to pay for training, donors to give online, and manage our contacts with funders. Use all media channels to challenge myths and promote the relational safeguarding model as the best practice in tackling child exploitation. Develop and implement a corporate fundraising strategy.
## **Funding Strategy**
- Grants: raise income from trusts, government, and lottery to pay for our national parent liaison team, parent participation, and our policy, research and evaluations.
- Contracts: raise income from contracts with commissioning partners in England and Wales to pay for our co-located parent liaison team.
- Training: raise money from training to sustain our training programme and help contribute to Ivison Trust core costs.
- Donations: develop an individual donor programme and social media fundraising opportunities to raise money for projects and general core costs.
## **Structure, governance and management**
## **Governing document and company status**
- The organisation is a charitable company limited by guarantee, incorporated on 10 July 2001 and registered as a charity on 21 June 2002.
- The company was established under a memorandum of association, which established the objects and powers of the charitable company and is governed under its articles of association. Ivison Trust is revising the charity objects in keeping with current descriptions of child exploitation and its effect on both girls and boys.
- Members of the charity guarantee to contribute an amount not exceeding £1 to the charity's assets in the event of winding up. In March 2024, there were seven such guarantees.
- The trustees are members of the charity, but this entitles them only to voting rights. They have no beneficial interest in the charity.
- All Ivison Trust trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 12 to the accounts.
## **Trustee selection methods**
- Trustees are selected by virtue of their experience and knowledge of child sexual/Criminal exploitation, their experience as affected parents, and/or their understanding of the governance and management of voluntary sector organisations.
- Eligibility includes legal checks for unspent convictions, bankruptcy, insolvency, and other prohibitions relating to service as a charity trustee.
- We advertise for new trustees through our own website and placement of adverts in other appropriate websites. Potential trustees are first contacted by the Chair of Trustees or CEO, complete an application, attend an interview with a minimum of 2 trustees and the CEO, have their references checked, and once appointed, are asked to sign the eligibility declaration relating to unspent convictions, bankruptcy, etc.
8
## _**Organisational structure**_
The Trustees administer the Charity. The CEO, Lindsay Dalton, is appointed by the Trustees to oversee the strategic and financial development of Ivison Trust and to manage and/or delegate the charity's day-to-day operations.
## _**Risk management**_
We regularly review our Covid-19 risk assessment and share the results with staff. We also complete a risk register, which is yearly updated as a minimum.
## **Finance**
- Failure to secure grants, mitigated by appointment of a Funding Manager in September 2021, working with the CEO to submit bids to new and existing funds, and ensuring timely funding returns are submitted.
- Failure to secure commissions, mitigated by strategic and operational management of commissioning partnerships, promotion of benefits to current and new partners, and timely funding returns.
- Failure to secure income from training fees, mitigated by digital marketing, and development of a training platform to support webinars, online training courses and online payment.
- Lack of proper financial management, mitigated by quarterly meetings of CEO, Treasurer and Finance Officer, and one person with overall financial and fundraising responsibilities
## **Staffing**
- Engaging a specialist recruitment agency mitigates the risks of gaps in staff coverage for the commissioned areas.
- Staff resilience, illness, and key staff loss is mitigated by external clinical supervision, regular team meetings, and membership in Croner Services, which offers 24/7 HR support and Croner Services health and safety support.
- Staffing capacity to fulfil our objectives, mitigated by funding strategy, prioritisation of work, and ensuring all stakeholders (i.e. parents, partners, funders, trustees, staff and volunteers) are aware of the impact of our work with families.
## **Reputation**
- Damage caused to image/reputation is mitigated by monitoring service delivery and staff performance.
## **Governance**
- Lack of proper management or training is mitigated by the clarity of staff roles, staff supervision, and information sharing.
- Data protection breaches were mitigated by training and implementing our Data Protection Policy, encrypting removable data, requiring staff to hand in notebooks at the end of employment, and ensuring the copyright of our training materials.
- Loss of marketing, mitigated by annual budget for marketing and publications, sign-up to relevant digital platforms, up-to-date mailing and social media outreach, facilitating parents’ involvement in communications, and engagement with key policymakers.
- Lack of infrastructure, mitigated by signing up to relevant CRMs and ensuring the server is backed up on and off-site.
9
- Competition emerges, mitigated by ensuring we remain authentic and parent-led, continually learning, overseeing trustee conflict of interest, and protecting our intellectual property.
- Chair/board succession, mitigated by regular review of board membership and officer roles.
10
## **Statement of Responsibilities for Trustees**
The trustees (who are also directors of Pace for the purposes of company law) are responsible for preparing Pace trustees’ annual reports and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires Pace trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, Pace’s 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 and statements of recommended practice 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 that the charity will continue in operation.
Pace trustees are responsible for keeping proper 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 statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the provisions applicable to companies’ subject to the small companies’ regime of the Companies Act 2006.
Pace trustees’ annual report has been approved by Pace Trustees on _______________ and signed on their behalf by:
> ............................................... Gail Gibbons (Chair of Trustees) fo fideo
Type text here
11
## **Independent examiner’s report to the members of Ivison Trust (formerly Parents Against Child Exploitation)**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31[st] March 2024 which are set out on pages 13 to 34.
## **Responsibilities and basis of report**
As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the company 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 your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since the company’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 I am qualified to undertake the examination because I am a member of the Association of Chartered Certified 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 respect:
- 1.accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
- 2.the accounts do not accord with those records; or
- 3.the accounts 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
- 4.the accounts 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 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Christy Lau FCCA CTA DChA Slade & Cooper Limited Beehive Mill, Jersey Street, Manchester M4 6JG 20[th] December 2024
12
## Ivison Trust (formerly Parents Against Child Exploitation)
## Statement of Financial Activities
(including Income and Expenditure account) for the year ended 31 March 2024
|Unrestricted
funds
Note
£
**Income from:**
Donations and legacies
3
28,445
Charitable activities
4
5,000
5
116,799
Investments
6
-
**Total income**
**150,244**
**Expenditure on:**
Raising funds
7
-
Charitable activities
8
205,339
**Total expenditure**
**205,339**
10
**(55,095)**
Transfer between funds
42,843
**Net movement in funds for the year**
**(12,252)**
**Reconciliation of funds**
Total funds brought forward
288,381
**Total funds carried forward**
**276,129**
Other trading activities
**Net income/(expenditure) for the**
**year**|Restricted
funds
£
120,470
602,241
-
-
**722,711**
-
684,976
**684,976**
**37,735**
(42,843)
**(5,108)**
37,357
**32,249**|Total funds
2024
£
148,915
607,241
116,799
-
**872,955**
-
890,315
**890,315**
**(17,360)**
-
**(17,360)**
325,738
**308,378**|_Total funds_
_2023_
_£_
_166,336_
_509,834_
_176,243_
_491_|
|---|---|---|---|
||||**_852,904_**|
||||_59,500_
_775,899_|
||||**_835,399_**|
||||**_17,505_**
_-_|
||||**_17,505_**
_308,233_|
||||**_325,738_**|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
A full comparative SOFA is available on the last page of the financial statements.
13
## Ivison Trust (formerly Parents Against Child Exploitation) Company number 4249272
## Balance sheet as at 31 March 2024
||Note||2024|||_2023_||
|---|---|---|---|---|---|---|---|
|||£||£|_£_||_£_|
|**Fixed assets**||||||||
|Tangible assets|15|||1,874|||_2,499_|
|**Total fixed assets**||||**1,874**|||**_2,499_**|
|**Current assets**||||||||
|Debtors|16|156,444|||_105,526_|||
|Cash at bank and in hand|17|236,268|||_271,947_|||
|**Total current assets**||**392,712**|||**_377,473_**|||
|**Liabilities**||||||||
|Creditors: amounts falling||||||||
|due in less than one year|18|(86,208)|||_(54,234)_|||
|**Net current assets**||||**306,504**|||**_323,239_**|
|**Net assets**||||**308,378**|||**_325,738_**|
|**The funds of the charity:**||||||||
|Restricted income funds|20|||32,249|||_37,357_|
|Unrestricted income funds|21|||||||
|Reserves fund||276,129|||_288,381_|||
|||||276,129|||_288,381_|
|**Total charity funds**||||**308,378**|||**_325,738_**|
## **Total charity funds**
For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006,
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and in accordance with FRS102 SORP, and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.
The notes on pages 16 to 34 form part of these accounts.
Approved by the trustees on / /2024 and signed on their behalf by:06 12
sealer —
Laura Remington (Trustee)
14
## Ivison Trust (formerly Parents Against Child Exploitation)
## Statement of Cash Flows
## for the year ending 31 March 2024
|Note
2024
£
**Cash provided by/(used in) operating activities**
24
**(35,679)**
_Cash flows from investing activities:_
Dividends, interest, and rents from investments
-
**Cash provided by/(used in) investing activities**
**-**
(35,679)
Cash and cash equivalents at the beginning of the year
271,947
**Cash and cash equivalents at the end of the year**
**236,268**
Increase/(decrease) in cash and cash
equivalents in the year|_2023_
_£_
**_20,368_**|
|---|---|
||_491_|
||**_491_**|
||_20,859_
_251,088_|
||**_271,947_**|
15
Ivison Trust (formerly Parents Against Child Exploitation)
Notes to the accounts for the year ended 31 March 2024
## **1 Accounting policies**
The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## **a Basis of preparation**
The financial statements have been prepared in accordance with 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), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Accounting Practice.
Ivison Trust (formerly Parents Against Child Exploitation) meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
## **b Preparation of the accounts on a going concern basis**
The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.
The trustees have made no key judgments which have a significant effect on the accounts.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.
## **c Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to 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.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.
Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.
16
Ivison Trust (formerly Parents Against Child Exploitation)
Notes to the accounts for the year ended 31 March 2024 (continued)
## **d Donated services and facilities**
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees’ annual report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
## **e Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## **f Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of charity.
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.
## **g Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
- Costs of raising funds comprise the costs of commercial trading and their associated support costs.
- Expenditure on charitable activities are the costs incurred to further the purposes of the charity and their associated support costs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **h Allocation of support costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity's programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 9.
17
Ivison Trust (formerly Parents Against Child Exploitation)
Notes to the accounts for the year ended 31 March 2024 (continued)
## **i Tangible fixed assets**
Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives as follows:
Office equipment 25% (straight line) Office fixtures and equipment 25% (reducing balance)
## **j Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **k Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **l Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **m Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **n Pensions**
Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity’s contribution is restricted to the contributions disclosed in note 11. The costs of the defined contribution scheme are included within support and governance costs and allocated to the funds of the charity using the methodology set out in note 9.
There were contributions of £8,733 outstanding at the year-end (2023: £5,265).
18
Ivison Trust (formerly Parents Against Child Exploitation)
Notes to the accounts for the year ended 31 March 2024 (continued)
## **2 Legal status of the charity**
The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is disclosed on page 1. The charity changed its name from Parents Against Child Exploitation to Ivison Trust on 01/11/2023.
## **3 Income from donations and legacies**
|**Current reporting period**
Donations
The Samworth Foundation
The Albert Gubay Foundation
Simmons and Simmons
Marshall Wace
C & R Pignatelli Foundation
**Total**
_Donations_
_The Samworth Foundation_
_Garfield Weston Foundation_
_The Albert Gubay Foundation_
_Jagclif Charitable Foundation_
**_Total_**
_The Pilgrim Trust_
**_Previous reporting period_**|Unrestricted
£
22,828
-
-
-
3,117
2,500
28,445
_Unrestricted_
_£_
_8,546_
_-_
_5,000_
_-_
_-_
_20,000_
_33,546_|Restricted
£
-
65,310
47,660
7,500
-
-
120,470
_Restricted_
_£_
_-_
_62,200_
_-_
_25,000_
_45,590_
_-_
_132,790_|Total 2024
£
22,828
65,310
47,660
7,500
3,117
2,500|
|---|---|---|---|
||||148,915|
||||_Total 2023_
_£_
_8,546_
_62,200_
_5,000_
_25,000_
_45,590_
_20,000_|
||||_166,336_|
19
Ivison Trust (formerly Parents Against Child Exploitation)
## Notes to the accounts for the year ended 31 March 2024 (continued)
## **4 Income from charitable activities**
|**Current reporting period**
Calderdale Council CCG
North Yorkshire PCC
Kirklees Council
Wakefield Council
Merseyside PCC
Lottery Community Fund
**Total**
_Calderdale Council CCG_
_North Yorkshire PCC_
_Kirklees Council_
_Wakefield Council_
_Merseyside PCC_
_Lottery Community Fund_
_Lancashire PCC_
_City of Bradford MDC_
_University of Leeds_
**_Total_**
West Yorkshire Violence
Reduction Partnership
West Yorkshire Combined
Authority
_Blackburn with Darwen Borough_
_Council_
City of Bradford MDC
University of Sheffield
Blackburn with Darwen Borough
Council
**_Previous reporting period_**
Lancashire PCC|Unrestricted
£
-
-
-
-
-
-
-
-
-
5,000
5,000
_Unrestricted_
_£_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_500_
_500_|Restricted
£
45,824
60,600
51,684
30,520
53,884
41,654
132,156
87,131
38,763
42,525
17,500
-
602,241
_Restricted_
_£_
_47,590_
_60,256_
_46,550_
_36,096_
_51,684_
_52,201_
_125,040_
_42,540_
_47,377_
_-_
_509,334_|Total 2024
£
45,824
60,600
51,684
30,520
53,884
41,654
132,156
87,131
38,763
42,525
17,500
5,000|
|---|---|---|---|
||||607,241|
||||_Total 2023_
_£_
_47,590_
_60,256_
_46,550_
_36,096_
_51,684_
_52,201_
_125,040_
_42,540_
_47,377_
_500_|
||||_509,834_|
20
Ivison Trust (formerly Parents Against Child Exploitation)
Notes to the accounts for the year ended 31 March 2024 (continued)
## **5 Income from other trading activities**
|**5**
**Income from other trading activities**||
|---|---|
|2024
£
Course fees
115,850
Parent Webinars
949
116,799
All income from other trading activities is unrestricted.
**6**
**Investment income**
2024
£
Income from bank deposits
-
-|_2023_
_£_
_159,843_
_16,400_|
||_176,243_|
||_2023_
_£_
_491_|
||_491_|
All of the charity's investment income arises from money held in interest bearing deposit accounts. All investment income is unrestricted.
## **7 Cost of raising funds**
|**Cost of raising funds**|||
|---|---|---|
|Staff costs (see note 11)|2024
£
-
-|_2023_
_£_
_59,500_|
|||59,500|
All expenditure on cost of raising funds is unrestricted.
21
## Ivison Trust (formerly Parents Against Child Exploitation)
Notes to the accounts for the year ended 31 March 2024 (continued)
## **8 Analysis of expenditure on charitable activities**
|Staff costs
Recruitment, training, supervision
Travel and subsistence
Training provision costs
Parent network days and peer support
Volunteers
Premises
Printing
Office overheads
Professional fees
Depreciation
Marketing and publicity
Restricted expenditure
Unrestricted expenditure
Governance and support costs (see note 9)|Total 2024
£
674,120
17,366
28,965
31,992
11,944
278
34,878
147
31,403
17,923
625
16,830
23,844
890,315
2024
£
684,976
205,339
890,315|_Total 2023_
_£_
_575,225_
_9,682_
_18,497_
_34,899_
_8,735_
_432_
_50,838_
_1,171_
_39,314_
_17,031_
_833_
_292_
_18,950_|
|---|---|---|
|||775,899|
|||_2023_
_£_
578,170
197,729|
|||775,899|
22
## Ivison Trust (formerly Parents Against Child Exploitation)
Notes to the accounts for the year ended 31 March 2024 (continued)
## **9 Analysis of governance and support costs**
|**Current reporting period**
Basis of
apportionment
Independent examination
Governance
Accountancy services
Support
Legal and professional
Governance
**Allocated as follows:**
Charitable activities
_Basis of_
_apportionment_
_Independent examination_
_Governance_
_Accountancy services_
_Support_
_Legal and professional_
_Governance_
**_Allocated as follows:_**
_Charitable activities_
**_Previous reporting period_**|Support
£
-
13,722
8,580
22,302
22,302
22,302
_Support_
_£_
_-_
_12,920_
_3,960_
_16,880_
_16,880_
_16,880_|Governance
£
1,542
-
-
1,542
1,542
1,542
_Governance_
_£_
_2,070_
_-_
_-_
_2,070_
_2,070_
_2,070_|_Total 2024_
£
1,542
13,722
8,580|
|---|---|---|---|
||||23,844|
||||23,844|
||||23,844|
||||_Total 2023_
_£_
_2,070_
_12,920_
_3,960_|
||||_18,950_|
||||_18,950_|
||||_18,950_|
23
Notes to the accounts for the year ended 31 March 2024 (continued)
## Ivison Trust (formerly Parents Against Child Exploitation)
## **10 Net income/(expenditure) for the year**
This is stated after charging/(crediting):
||||
|---|---|---|
|This is stated after charging/(crediting):|2024|_2023_|
||£|_£_|
|Depreciation|625|833|
|Operating lease rentals:|||
|Property|20,139|40,142|
|Independent examiner's fee|1,810|1,725|
## **11 Staff costs**
Staff costs during the year were as follows:
|Wages and salaries
Social security costs
Pension costs
**Allocated as follows:**
Cost of raising funds
Charitable activities|2024
£
587,953
41,726
44,441
674,120
-
674,120
674,120|_2023_
_£_
_554,953_
_36,241_
_43,531_|
|---|---|---|
|||_634,725_|
|||_59,500_
_575,225_|
|||_634,725_|
No employees has employee benefits in excess of £60,000 (2023: Nil).
The average number of staff employed during the period was 28 (2023: 28).
The average full time equivalent number of staff employed during the period was 20 (2023: 20).
The key management personnel of the charity comprise the trustees and the Chief Executive Officer. The total employee benefits of the key management personnel of the charity were £61,630 (2023: £57,325).
24
Ivison Trust (formerly Parents Against Child Exploitation)
Notes to the accounts for the year ended 31 March 2024 (continued)
## **12 Trustee remuneration and expenses, and related party transactions**
Neither the trustees nor any persons connected with them received any remuneration or reimbursed expenses during the year (2023: Nil).
No (2023: no) trustees received travel and subsistence expenses during the year.
There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.
No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2023: nil).
## **13 Government grants**
The government grants recognised in the accounts were as follows:
|North Yorkshire PCC
Calderdale Council CCG
Kirklees Council
Blackburn with Darwen Borough Council
Wakefield Council
Merseyside PCC
West Yorkshire Combined Authority
West Yorkshire PCC
City of Bradford MDC
Lancashire PCC|2024
£
60,600
45,824
51,684
30,520
53,884
41,654
87,131
38,763
42,525
17,500
_470,085_|_2023_
_£_
_60,256_
_47,590_
_46,550_
_36,096_
_51,684_
_52,201_
_42,540_
_47,377_
_-_
_-_|
|---|---|---|
|||_384,294_|
## **14 Corporation tax**
The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.
25
Ivison Trust (formerly Parents Against Child Exploitation)
Notes to the accounts for the year ended 31 March 2024 (continued)
## **15 Fixed assets: tangible assets**
|**Cost**
Additions
**Depreciation**
Charge for the year
**Net book value**
**16**
**Debtors**
Grants & contracts receivable
Prepayments
**17**
**Cash at bank and in hand**
Cash at bank and on hand
At 1 April 2023
At 31 March 2024
At 31 March 2024
_At 31 March 2023_
At 1 April 2023
At 31 March 2024|2024
£
149,373
7,071
156,444
2024
£
236,268
236,268|£
36,722
-
Office
equipment|
|---|---|---|
|||36,722|
|||34,223
625|
|||34,848|
|||1,874|
|||_2,499_|
|||_2023_
_£_
_98,995_
_6,531_|
|||_105,526_|
|||_2023_
_£_
_271,947_|
|||_271,947_|
26
Ivison Trust (formerly Parents Against Child Exploitation)
Notes to the accounts for the year ended 31 March 2024 (continued)
## **18 Creditors: amounts falling due within one year**
|**18**
**Creditors: amounts falling due within one year**|||
|---|---|---|
|Accruals
Pension contributions
Deferred training income
Deferred income
Taxation and social security costs
**19**
**Deferred income**
Kings Award
Deferred grant brought forward
Invoiced in the year
Released to income from charitable activities
Simmons and Simmons
Deferred grant brought forward
Invoiced in the year
Released to income from charitable activities
Deferred grant carried forward|2024
£
9,319
8,733
16,099
40,000
12,057
86,208
2024
£
-
40,000
-
7,500
-
(7,500)
40,000|_2023_
_£_
_7,093_
_5,265_
_23,935_
_7,500_
_10,441_|
|||_54,234_|
|||_2023_
_£_
_-_
_-_
_-_
_-_
7,500
_-_|
|||_7,500_|
27
## Ivison Trust (formerly Parents Against Child Exploitation)
## Notes to the accounts for the year ended 31 March 2024 (continued)
## **20 Analysis of movements in restricted funds**
|Total
West Yorkshire
VRU
Liverpool Parent
Liaison Officer
Kirklees PLO
Bradford Parent
Liaison Officer
Wakefield PLO
Communications
and fundraising
Calderdale PLO
North Yorkshire
PLO
Lancashire PLO
Chief Executive
Officer
National Parent
Support|Balance at
1 April
2023
£
-
29,326
-
-
-
-
-
-
8,031
-
-
37,357|Income
£
65,310
187,316
117,651
38,824
53,600
44,684
46,884
40,500
36,154
31,763
60,025
722,711|Expenditure
£
(63,996)
(188,558)
(99,758)
(32,216)
(52,019)
(41,052)
(38,351)
(65,035)
(42,907)
(29,863)
(31,221)
(684,976)|Transfers
£
(1,314)
-
(17,893)
(6,608)
(1,581)
(3,632)
(8,533)
24,535
2,887
(1,900)
(28,804)
(42,843)|Balance at
31 March
2024
£
-
28,084
-
-
-
-
-
-
4,165
-
-|
|---|---|---|---|---|---|
||||||32,249|
28
## Ivison Trust (formerly Parents Against Child Exploitation)
## Notes to the accounts for the year ended 31 March 2024 (continued)
## **20 Analysis of movements in restricted funds (cont.)**
|_Total_
_Calderdale PLO_
_Liverpool Parent_
_Liaison Officer_
**_Previous reporting_**
**_period_**
_Chief Executive_
_Officer_
_Lancashire PLO_
_Communications and_
_fundraising_
_National Parent_
_Support_
_PLO Manager_
_Bradford Parent_
_Liaison Officer_
_North Yorkshire PLO_
_Kirklees PLO_
_Wakefield PLO_|_Balance at_
_1 April_
_2022_
_£_
_-_
_29,216_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_29,216_
|_Income_
_£_
_62,200_
_170,630_
_50,500_
_73,636_
_40,590_
_53,256_
_39,550_
_44,684_
_25,000_
_41,701_
_40,377_
_642,124_|_Expenditure_
_£_
_(60,434)_
_(148,532)_
_(57,413)_
_(56,567)_
_(31,905)_
_(44,808)_
_(29,995)_
_(40,627)_
_(46,988)_
_(30,665)_
_(30,236)_
_(578,170)_|_Transfers_
_£_
_(1,766)_
_(21,988)_
_6,913_
_(17,069)_
_(8,685)_
_(8,448)_
_(9,555)_
_(4,057)_
_21,988_
_(3,005)_
_(10,141)_
_(55,813)_|_Balance at_
_31 March_
_2023_
_£_
_-_
_29,326_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_8,031_
_-_|
|---|---|---|---|---|---|
||||||_37,357_|
29
Ivison Trust (formerly Parents Against Child Exploitation)
Notes to the accounts for the year ended 31 March 2024 (continued)
## **20 Analysis of movements in restricted funds (cont.)**
## **Name of restricted fund Description, nature and purposes of the fund**
|Chief Executive|Funding from Samworth Foundation for the Chief Executive Officer post|
|---|---|
|Officer||
|National Parent|Funding from Albert Gubay Foundation, Lottery Community Fund and|
|Support|Simmons and Simmons for Head of National Parent Support Team, Parent|
||Participation Coordinator, Office Manager and National Parent Support|
||Workers|
|Lancashire Parent|Funding from Lancashire PCC - MoJ SV & DA Fund and Blackburn with|
|Liaison Officer|Darwen Borough Council for the Lancashire Parent Liaison Officer|
|Calderdale Parent|Funding from Calderdale Council matched with WYPCC for a Parent Liaison|
|Liaison Officer|Officer|
|North Yorkshire|Funding from North Yorkshire PCC – MoJ SV & DA Fund for a Parent Liaison|
|Parent Liaison Officer|Officer|
|Kirklees Parent|Funding from Kirklees Council matched with WYPCC for a Parent Liaison|
|Liaison Officer|Officer|
|Wakefield Parent|Funding from Wakefield Council matched with WYPCC for a Parent Liaison|
|Liaison Officer|Officer|
|Communications and|Internal accounting transfers from local authority commissions with|
|Fundraising|Calderdale, North Yorkshire, Kirklees, Wakefield, Liverpool and Bradford|
|Liverpool Parent|Funding from Merseyside PCC - VRU Fund for a Parent Liaison Officer|
|Liaison Officer||
|Bradford Parent|Funding from Bradford Council matched with WYPCC for a Parent Liaison|
|Liaison Officer|Officer|
|West Yorkshire VRU|Funding the volunteer programme and therapeutic service within West|
||Yorkshire|
|Transfers|In respect of reallocation of costs and overspends/underspends on|
||projects.|
30
## Ivison Trust (formerly Parents Against Child Exploitation)
## Notes to the accounts for the year ended 31 March 2024 (continued)
## **21 Analysis of movement in unrestricted funds**
|General fund
_General fund_
**_Previous reporting_**
**_period_**|Balance
at 1 April
2023
£
288,381
288,381
_Balance_
_at 1 April_
_2022_
_£_
_279,017_
_279,017_
|Income
£
150,244
150,244
_Income_
_£_
_210,780_
_210,780_|Expenditure
£
(205,339)
(205,339)
_Expenditure_
_£_
_(257,229)_
_(257,229)_|Transfers
£
42,843
42,843
_Transfers_
_£_
_55,813_
_55,813_|As at 31
March 2024
£
276,129|
|---|---|---|---|---|---|
||||||276,129|
||||||_As at 31_
_March 2023_
_£_
_288,381_|
||||||_288,381_|
## **Unrestricted fund Description, nature and purposes of the fund**
General fund The free reserves after allowing for all designated funds
31
## Ivison Trust (formerly Parents Against Child Exploitation)
## Notes to the accounts for the year ended 31 March 2024 (continued)
## **22 Analysis of net assets between funds**
|Tangible fixed assets
Net current assets/(liabilities)
Total
_Tangible fixed assets_
_Net current assets/(liabilities)_
_Total_
**_Previous reporting period_**|General
fund
£
1,874
274,255
276,129
_General_
_fund_
_£_
_2,499_
_285,882_
_288,381_|Designated
funds
£
-
-
-
_Designated_
_funds_
_£_
_-_
_-_
_-_|Restricted
funds
£
-
32,249
32,249
_Restricted_
_funds_
_£_
_-_
_37,357_
_37,357_|_Total 2024_
£
1,874
306,504|
|---|---|---|---|---|
|||||308,378|
|||||_Total 2023_
_£_
_2,499_
_323,239_|
|||||_325,738_|
## **23 Operating lease commitments**
The charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods:
|Less than one year
One to five years|2024
_2023_
£
_£_
15,900
_21,200_
-
_15,900_
15,900
_37,100_
Property|2024
_2023_
£
_£_
15,900
_21,200_
-
_15,900_
15,900
_37,100_
Property|
|---|---|---|
|||_37,100_|
32
Ivison Trust (formerly Parents Against Child Exploitation)
Notes to the accounts for the year ended 31 March 2024 (continued)
## **24 Reconciliation of net movement in funds to net cash flow from operating activities**
|**Net income/(expenditure) for the year**
**Adjustments for:**
Depreciation charge
Dividends, interest and rents from investments
Decrease/(increase) in debtors
Increase/(decrease) in creditors
**Net cash provided by/(used in) operating**|2024
£
(17,360)
625
-
(50,918)
31,974
(35,679)|_2023_
_£_
_17,505_
_833_
_(491)_
_(2,069)_
_4,590_|
|---|---|---|
|||_20,368_|
33
## Ivison Trust (formerly Parents Against Child Exploitation)
## Notes to the accounts for the year ended 31 March 2024 (continued)
## **25 Prior year Statement of Financial Activities (including Income and Expenditure account)**
|Unrestricted
funds
Note
£
**Income from:**
Donations and legacies
3
33,546
Charitable activities
4
500
5
176,243
Investments
6
491
**Total income**
**210,780**
**Expenditure on:**
Raising funds
7
59,500
Charitable activities
8
197,729
**Total expenditure**
**257,229**
10
**(46,449)**
Transfer between funds
55,813
**Net movement in funds for the year**
**9,364**
**Reconciliation of funds**
Total funds brought forward
279,017
**Total funds carried forward**
**288,381**
**Net income/(expenditure) for the**
**year**
Other trading activities|Restricted
funds
£
132,790
509,334
-
-
**642,124**
-
578,170
**578,170**
**63,954**
(55,813)
**8,141**
29,216
**37,357**|Total funds
2023
£
166,336
509,834
176,243
491
**852,904**
59,500
775,899
**835,399**
**17,505**
-
**17,505**
308,233
**325,738**|_Total funds_
_2022_
_£_
_204,355_
_522,574_
_102,459_
_55_|
|---|---|---|---|
||||**_829,443_**|
||||_56,217_
_707,251_|
||||**_763,468_**|
||||**_65,975_**
_-_|
||||**_65,975_**
_242,258_|
||||**_308,233_**|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
34