WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 1r29 Charity registration number 1094570 Compary registration number 04462901 (England and Wales) BARNABAS - SAFE & SOUND ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 2r29 BARNABAS- SAFE & SOUND LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr T Amistrong MrGLee Ms E Shtelds Mr J Jones Ms K Jothstone Charity number 1094570 Company number 04462901 Registered office Wel00d House Dark Lane Morpeth Northumbetland NE61 1SU Independent examiner Simon Brown BAACA DCh4 Azets Audit servIs Bulman House Regent Centre Gosforth Newcasle UFM)n Tyne NE3 3LS Key Management Personnel Mrs H Brown, Manager MTS G Monaghan. Ftrnan offi
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 3r29 BARNABAS- SAFE & SOUND CONTENTS Page Trustees, report Independent examinerfs report ststement of financial activities Statement of financial position Notes to the finanaal statements 8-18
R¢1. fyNA6 e&soX DIRECTORS, REPORT 2023/2024 Supporting young peo through the provision o le as they transition to adulthood, youth work and supported housing
WHAT WE DO Vision: Gtwng young people a place. Approach: We work with young people to understand their short, medium and long-term priorrties and challenges, to enable us to promde a service that is unique to them. Adding Real Value: Our whole ethos is about providing a safe space and a professional team of staff who will listen to. and understand the needs of every individual young person. LEGAL STATUS & AREA OF BENEFIT We are a registered charity.. No 1094570 We are also a Company Limited by Guarantee: No 04462901 Our area of benefit is Northumberland. GOVERNANCE & LEADERSHIP The Board of Directors (who are also Chartty Trustees), consists of fi FrEmbers with indivFdual roles and shared accountability for the strategic direction. the fiduciary responsibility and the prudent governance of the charitable company. During the year the Directors have held 6 board meetings. The Charty held its Annual General Meeting on Monday 25th March 2024 where the financial year 202212023 was reviewed - annual accounts and charty performan was shared with its members,. CHAIR'S FOREWARD On behalf of the Board of Trustees, I present our Director's Report for 2023-2024. This year Shov another year of positive progress. Barnabas understand it has been another challenging year for young people. but wrth our vision in place we have clear objects focused on making a real dFfference to the lives of young people aged 11 to 25 years. This year we have worked with staff, trustees and young people to revlew our Vision, Mission and Values. This showed us what young people thought about what we are aiming to achie and how we do it. The feedback was positive, however, the group wanted to see our vision, mission and values written in a young person friendty way. After working with them around this. this has now been updated. As a charity we continue to provtde a safe space where young people can talk openly without prejudice and access a universal offer of services. We continue to build continuity and consistency within the Charty. through the work of our team and our current highly experienced board of trustees. Bamabas has again achieved fantastic outcorrEs for young people.. Safe and Sound Youth: We have continued to offer sessions for young people in our amazing safe spa. where they engage and build relationships. We began a new Barista training projecL and worked with a snHII group on how the training would look, and how the Garage Café would become a SOCI enterprise. Safe and Sound Advice: This project has merged with Safe & Sound Homes for recording and funding purposes, as we found most advice given was around housing and welfare rights. Adwice is still a valuable part of what we do, and we will stlll offer this service. Safe and Sound Homes: Our provision grew this year, Liking on two new properties, both of which ha been fvlly occupied from being ready. We have had one young person tske on the tenancy of one of our other properties as part of our move on project. and we have another waiting to do the same. This project allows the young person to manage their rent and utilities in one of our properties, with reduced support. in tum gmng them, and the landlord the confidence that they can live independently. Young people continue to be at the heart of our current priorities. We are imrrEnsely proud of our team, IA)lunteers, and supporting partners. We could not have achieved this success without the ongoing support of our community, Charitable Trusts, and those who donated, fundraised, and wlunteered to help us deliver our support to young people. we thank you all most sincerely. Emma Shields Chairperson
VirtualSvJnaiure Transaction Ref. Z89K-M4XV-TD6D 28 Nov 2024 07..51'.42 GMT (UTC +01 D 1r2 P W29 PLANS FOR THE FUTURE ASSETS & RESOURCES - We continue to look at ways of irnproving our facilities at our Wellwood House base. We are acutely aware of the current housing crisis - and the lack of affordable accommodation for young people. Our own residents are struggling to move on to independence as a result. Wle are hopef ul that we can extend our offering of accommodation for young people in Morpeth, with f urther development of our site. PREVENTION: Safe & Sound YOUTH our engagement with junior youth groups has been successf ul, and the young people have completed a range of creative projects, including engagement with the community. We will be looking to expand on these projects, to further build on their social skills, giving them greater responsibility as they mature. We have looked at new ways to engage with senior youth groups, which is proving more challenging. One option is to offer opportunities for young people to obtain training, and qual if ications to assist them in f inding work. We want to empower these young people, giving them the tools they need to succeed. We will consult with young people regarding this. CRISIS: Safe & Sound HOMES- as stated above, a targeted approach towards the continued development of Wellwood House, in particular through the provision of additional accommodation, will help to expand our offering, although we anticipate this project will take around 5 years from start to finish. As we move forward into 2024/2025 we continue to be aware of the social and economic pressures our society faces. We will prioritise the needs of our local community, and as always our services will be del ivered to provide positive outcomes for young people, saving the economy, to ensure a wider f iscal benef it. 41 IL
ndtUTQ T1¥)00ft Pof. Z 28 kn224 07:51..42 Gkff IIThC +0) 0 1r2 P 7rJJ Supported HOUSING ,, ..., For young people aged 16 to 25 years Supported accommodab'on for y(KJng tw)le in housing crisis has been our prinwry project from Irpti£. sir 2)1, over 330 young people have tEnefftted from having safe acc(xnmodation and sound athri. The housing project Fxovides our main sour of income. Number of housing referrals 2023-2024 Number of referrals from young people under 18 years Number of referrals from young people 18 years and over 15 We received housing referrals from Work Coaches at the Job Centre, Refugee Resettlement, Northumberland Recovery Partnership, NHS Mental Health, NCC Homelessness Department, and young people also self referred. Number of young people who moved in We began the year with 8 bed spaces. We ended the year with capacity for 11 bed spaces. Supported accommodation occupancy was 77%. We experienced 23% voids but much of this represents periods of refurbishment when taking on new property. Young people received tailored support, specifie to their own individual needs. A young person rnay require accommodation for a short period of time, some may need longer. Move on s are planned wherever possible. Positive moves to independence Moving on is an integral part of a residenys supwjrt plan. Number of young people who moved on There were no negative move on's during the year. Our Wamings Procedure was implemented to address any housing issues. Our income generated from the provision of supported accommodation. and floating £170,443 ',.. .. support to one tenant living within their own home. "Before I came to Barnabas. I was sleeping rough in Newcastle, which was awful. I came to Morpeth and slept on the streets. I was on a downward spiral, and was using drugs to help me get through it. Then I met Hayley and Sandra from Barnabas. They gave me some supplies, put me in touch with the food bank, and let me have a shower and wash my clothes. Not long after, I was given a place in one of their flats. I've been with Barnabas for 2yrs now. I've been supported to claim the right benefits. and have been encouraged to do training, while learning to cook and look after the flat. Sandra and I have made some canny meals - pizza, lasagne, curry and cottage pie. I've rebuilt bridges with my family. I've got certificates in MIG Welding, First Aid, and have recently done my SIA Certificate which has given me work in security. Now l in looking for my own flat. If I hadn't got this support from Barnabas, I think my bad choices would have led me to prison or worse." Resident. 2024
VirtUS3n8lUr8 Tran88L*¢>n Rel. Z89K.M4XV-TD6D 28 kn224 07:51..42 Gkff IIThC +0) 0 1r2 P We are there for young tEople when they rEed help, and dont kncw WIM) to ask Our staff are experienced, supportive, non-judgemental and can FElp to make sense of things, when young people feel lost. Young people often feel intimidgted by fOlajISed seThJiS - we break down these balerS by offering guidan, and where appropriate suntts to other agenaes who provide speaalist SUPtx)rL Number of young Topics covered included obtaining ID, welfare benefits, access to banking, and referrals to the food people accessing bank. We helped to signpost them to the homelessness team vthen we were unable to accommodate only advice and to other agencies as appropriate. We assisted them to complete housiry applications and access essential healthcare services. The main issues experienced by young people in crisis: Lack of Affordable Rough Sleeping Family Breakdown Mental Health & ••••• Accommodation and Sofa Surfing & Relationships Emotional Wellbeing Pregnancy Our Support Worker. Sandra. provides one to one support to the young people in our accommodation. As a frontline provider. her insight into housing issues is invaluable. She has seen the impact the current lack of affordable accommodation is having on young people. Indeed, this is one of the biggest challenges for young people in our housing project - being ready to move on. but there being no suitable housing available. New resident welcome pack Sandra, Support Worker Raising awareness of homeless issues in Northumberland • l Alongside our ongoing partnership worf< with other support agencies, and regular netsvorking within the business cotntnunity, Barnabas Safe & Sound also work closely with CEO SleepoLrt - a nationwide initiative which gives insight to some of the country's biggest corporate hitters. At a sleepout, participants get to hear h'rst hand from those with lived experience of homelessness. They are then invited to spend a night under stars, to give just a glimpse of what it is like for those spendino every night outside, subject to the elements, whilst raising money for local causes, including Barnabas Safe & Sound. This year, our team were joined by Bamabas ex-resident, Danielle, who shared her homelessness story with a room of awe-struck fundraisers. Danielle has since become an amazing ambassador for the charity. In 2023, CEO Sleepout raised £3,200 for Barnabas Safe & Sound, which as unrestricted funds has contributed to our ongoing core costs.
For young people aged 11 to 19 years. Our youth work team are trained to keep young people safe. We understand what is important to young people. We promise to ahNays listen, because we value their thoughts, feelings and opinions. WORK Be Your Best Elf Our fabulous Creative Group undertook a project between September and December 2023. Working in partnership with Thinky Dinky Do, our youth work team supported the group to deltver 2 days, of Elf Workshops to younger children within the community. The project involved planning of the workshops, building and creating sets and props. writing scrips and performing as Elves within the North Pole mail room. Creative Group 28 sessions delivered 7 young people in attendan weekly Garage Youth Club 39 sessions 23 young people in attendance during the year Schools Out for Summer Program 5 weeks of activities 39 sessions delivered 155 children and young people engaged 344 places a15ocated 5 young people volunteered theirtime eync Unplugged Program February Half-term Don't Worry, Be Hoppy Easter Break Program 4 sessions delivered 38 children and young people in attendance 3 sessions delivered 46 children and young people in attendance F(QWf*2 SL) elt cA¢'y IMPACT: Young people were safe and explored their own behaviors and choices. Young people broadened their eXperienS and learned new skills. Young people supported each other as peers. Young people solved problems and became more resilient. Young people engaged in physical activity and improved their wellbeing. Young people helped develop our services. and set our agenda for the future. Young people are aware of our projects and know where they can get help.
VirtualSignaluTe Transaction Ref. Z89K-M4XV-TD6D 28 Nov 2024 07..51..42 GMT (UTC D Ir2 P 10129 FINANCIAL OVERVIEW £ 220,284 INCOME FOR THE YEAR £ 257.342 EXPENDITURE FOR THE YEAR RESTRICTED FUNDING £36,325 restricted funding brought forward from 2022/2023 £26,527 additional restricted funding received during the year. £56,753 of restricted f unding spent during the year. £6,099 carried forward to 2023/2024. HOW DID WE SPEND OUR RESTRICTED FUNDS IN 2023/2024? £35,464 £9,855 YOUTH WORK & PROJECTS HOUSING & ADVICE £11,434 CORE OFFICE ACTIVITIES FINANCIAL GOVERNANCE AND RESERVES The charity has an appointed Treasurer who liaises with the Finance Officer regarding day to day processing and reportin9. Finances are then reported to the Board to assist them in their decision making, and to continually review our strategic plan. Our current policy is to maintain free reserves equivalent to three months, operational costs of £30,000. The Board of Trustees will review this policy annuallyi and may alter the amount stated to ensure the Charity continues to meet its financial obligations, whilst demonstratin9 resilience when managing unforeseen financial situations. Continued development of our policy will assist Barnabas Safe & Sound their strategic planning and bud9etin9 process, and will inform the risk management process by identifying uncertainty in future income strearns.
IrttJalsn8iure Tran8a¢rm R81. Z89K.M4XV-TD6D 28 kn1224 0751..42 Gkff 1c +0) 0 1r2 P 11r29 ACKNOWLEDGEMENTS The work we do is made possible by the fantastic support we receive from our community, the young people with whom we work, charitable trusts and all those who choose to support us by volunteering, sponsorin9 our efforts, giving their time, and their money to invest in our vision, mission and values. We are truly grateful. We would like to thank the following organlsatlons who have supported us flnancially In 202>2024. We would like to thank the following organisations who have worked in partnershlp wlth us In 202&2024 NCC Community Chest NCC Community Fund Morpeth Town Council Joseph Strong Fraser Trust The Community Foundation Newcastle Building Society Willan Trust Northumberland County Council Adult Services Housing Department Morpeth Town Council Bernicia Housing Advance Northumberland Wellbeck Estates P & G Foundation Department for Work & Pensions King Edward Vl School Yoga Den Morpeth Northumberland CVA Wellesley Fund Riverbank Foundation Giving Network Neherton Park Trust Inside Morpeth More in Morpeth Me & Alan Sir James Knott Trust Youth Investment Fund William Leech Charity Ballinger Trust Rotary Club of Morpeth St George's RC Church Armstrong Hall Christian Fellowship We also acknowledge the support we received f rom those individuals who LASP Outdoors Thinky Dinky Do CEO Sleepout Wansbeck Valley Foodbank Young Carers Lastly, we give special acknowledgement to all the young people who have engaged with Barnal>as over the last year. You eontinue to in8pire u6 With your Imaginatio idea6, and enthu8ia8m. Thank you. give/donate to Barnabas regularly. Your kindness and support is most appreciated. Barnabas Safe & Sound, Wellwood House, Dark Lane, Morpeth, Northumberland, NE61 ISU Telephone: 01670 517721 / Email: admin•barnabasne.or9.uk Website: www.bamabas-northumberland.or9.uk NAS Charity Registration No: 1094570 / Company Limited by Guarantee 04462901
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 12r29 BARNABAS- SAFE & SOUND TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their annual report and financial statements for the year ended 31 Marth 2024. The finanaal statements have been prepared in aCCordce with the accounting poliaes set out in note 1 to the financial ststements and ccrfnply with the charity's memorandum and articles of assatiC. the Companies Act 2006 and "Accounting and Reporting by Charibes.. 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 1 January 2019). Objectives and activities Fundraising disclosure The charity is required to report how it deals wth fvndrasing from the public. The chartty does not use a professional fundraiser or commercial participator to raise fvnds. Any monies raised direct from the public follows all guidelines set out by the Charity Commission and UK law in every respect. We resped the privacy and contact preferences of all public donors. Public benefit See disclosure within Directors. report. The trustees confirm that they have complied with the requirements of section 17 of the Chartties Act 2011 to have due regard to the public benefrt guidance published by the Charity Commission for England and Wales. Going concern The trustees have prepared a budget and cashflow forecast and have conduded that the tharity )ntinUeS to be a going concem for the foreseeable future. On that basis they have continued to adopt the Ing conrn basis when preparing the financial statements. structure, governance and management Arrangements for setting key management personnel remuneration The board. who give their time freely and no trustees received remuneration in the year, have considered the Key Management Personnel (KMP} of the charitable company, as noted in the Reference and Administration section. Together with the board, these KMP are those in charge of directing arml controlling, running and operating the activities of the charity on a day to day basis. The pay of the KMP is reviewed annually and nomially increased in aC0)rdan with average eamings. The trustees benchmark against pay levels of other charaties and similar organisations within the sector and the region. Pay levels are set using this information together with budget and forecast information, ensuring that the charitable company can afford any proposed increases. The board then agree any uplift to remuneration. 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: Mr T Armstrong MrGLee Ms E Shields Mr J Jones Ms K Johnstone MrA R Guest (Resigned 16 October 2023)
VirtU8lSignatL*re Transathon Ref. Z89K-M4XV-TC6D 28 NrN 2W24 07:51..42 GMT (UTC +0} 0 1r2 P 13r29 BARNABAS- SAFE & SOUND TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 statement of trustees. responsibilities The trustees, who are also the directors of Bamabas - Safe & Sound for the purpcBe of company law, are responsible for preparing the Trustees. Report and the financÈal statements in accordan wtth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Pradice). Company Law requires the trustees to prepare finanal ststements for each finanaal year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, induding the income and expenditure, of the charttsble company for that year. In preparing these financial statements. the trustees are required to: - select suitable accounting policies and then apply them (onsistenty- - observe the methods and princtples in the Charities SORP- - make judgements and estimates that are reasonable and prent. and - prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disdose with rea%)nable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements ccfflply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other iegUlatIties. The trustees. report was approved by the Board of Tfustees. Ms K Johnstone Trustee 2711112024
VirtU8lSignatL*re Transathon Ref. Z89K-M4XV-TC6D 28 NrN 2W24 07:51..42 GMT (UTC +0} 0 1r2 P 14r29 BARNABAS- SAFE & SOUND INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BARNABAS - SAFE & SOUND I report to the trustees on my examination of the financial statements of Bamabas - Safe & Sound {the charity) f the year ended 31 March 2024. Responsibilities and basis of report As the trustees of the charity (and also its directors for the purposes of company law) you are re¥x)nsible for the preparation of the financial statements in accordan with the requirements of the Companies Act 2006 (the 2006 Act) Having satisfied myself that the financial statements of chariiy 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 Caled out under section 145 of the Charities Act 2011 (the 2011 Act). In carying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of the 2011 Act. Independent examinerfs statement I have completed my examination. I confirm that no matters have come to my attention in )nneCtIOn with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Ac( or the financial statements do not accord with those records; c the financial statements do not comply wth 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 accordan with the methods and principles of the Statement of Recommended practi for accounting and reporting by charities applicable to charities preparing their accounts in accordan wth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concems and have come across no other matters in connection wtlh the exaMinatiC to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Simon Brown BA ACA DChA Azets Audit Services Bulman House Regent Centre Gosforth Newcastle Upon Tyne NE3 3LS Dated: 2811112024
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 15r29 BARNABAS- SAFE & SOUND STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Current financial year Unrestricted Restricted funds funds 2024 2024 Total Total 2024 2023 Notes Income from". Donations and legacies Charitable activities Other trading activities Investments 19,340 170,443 3,966 26.527 45,867 170,443 67.987 116.472 10.715 Total income 193,757 26,527 220284 195,181 enditure on: Charitable activities 200,589 56,753 257,342 254.171 Net expenditure for the yearl Net movement in funds (6,832) (30,226) (37,058) (58.990} Fund balances at 1 Aprtl 2023 408,123 36,325 444.448 503,438 Fund balances at 31 March 2024 401,291 6,099 407,390 444,448 The statement of financial actÈvities indudes all gains and losses recognFsed in the year. All income and expenditure derive from continuing activrties. The statement of financial activities also complies with the requirements for an inccrfne and expendibjre account under the Companies Act 2006.
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 16r29 BARNABAS- SAFE & SOUND STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Prior financial year Unrestricted Restricted funds funds 2023 2023 Total 2023 Notes Income from". Donations and legacies Charitable activities Other trading activities Investments 9,207 116,472 10.715 58.780 67.987 116.472 10.715 Total income 136.401 58.780 195,181 enditure on: Charitable activities 214,087 40.084 254.171 Net expenditure for the yearl Net movement in funds (77,686) 18,696 (58,990) Fund balances at 1 March 2022 485,809 17,629 503,438 Fund balances at 28 February 2023 408,123 36,325 444,448
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 17r29 BARNABAS- SAFE & SOUND STATEMENT OF FINANCIAL POSITION ASAT31 MARCH 2024 2024 2023 Notes Fixed assets Tangible assets 14 450,213 482.445 Current assets Debtors Cash at bank and in hand 15 3,812 32,243 14.047 30,272 36,055 44,319 Creditors: amounts falling due within one year 17 (12,135) (10.192) Net current assets 23,920 34,127 Total assets less current liabilities 474.133 516,572 Creditors: amounts falling due after more than one year 18 {66.743) (72.124) Net assets 407,390 444,448 Income funds Restricted funds Unrestricted funds Unresricted fvnds 19 36,325 20 401,291 408.123 401,291 408,123 407,390 444,448
VirtU8lSignatL*re Transathon Ref. Z89K-M4XV-TC6D 28 NrN 2W24 07:51..42 GMT (UTC +0} 0 1r2 P 1PA29 BARNABAS- SAFE & SOUND STATEMENT OF FINANCIAL POSITION (CONTINUED) ASAT31 MARCH 2024 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial ststements. 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 accdance with the provisions apICable lo companies subject to the small companies regime. 2711112024 The financial statements were approved by the Trustees on ......................... Ms K Johnstone Trustee Company registration number 04462901
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 19r29 BARNABAS- SAFE & SOUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Charity information Bamabas - Safe & Sound is a private company limiied by guarantee i[[p(ted in England and Wales, and consequendy does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in Ihe event of liwtdation. The registered Offi is Weliwcx)d House. Dark Lane. Morpeth, Northumberland. NE611SU. 1.1 Accounting convention The financial statements have been prepared in accordan wth the charitys meManduM and artides of association, the Companies Act 2006, FRS 102 The Finanaal Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102°} and the Charities SORP "Accounting and Reporting by CharttTres: Statement of Recommended Practi applicable to charities weparing their accounts in accordan with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP thartties not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional cuencY 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. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the finanaal statements, the trustees have a rea5(able expectation that the charity has adequate reSoUrS to continue in operational existence for the foreseeable fijiure. Thus the trustees continue to adopt the going cOnM 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 furthera[ of their charitable objectives. Restricted funds are subject to specific )nd[lIcS by dorK)rs as to how they may be used. The purFM)ses and uses of the restricted fijnds 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 conditicS have been met, the armunts can be measured reliably, and it is probable that income will be received. Donations Cash donations are recognised on receipt. Other dCationS are recognised (ce the charTty has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gfft Aid or deeds of covenant is recognised at the time of the donation. Legacies Legacies are recognised on receipt or otherwise rf the charity has been rtified of an imperKling distribution. the amount is known. and receipt is expected. If the amount is not known. the legacy is treated as a contingent asset. Grants receivable Grants are recognised when the charity has an entittement to the funds and any conditions linked to the grants have been met. Where perf0mlan condttions are attached to the grant and are yet to be met, the income is recognised as a liabilty and included on the balance sheet as defeed income to be released.
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 20r29 BARNABAS- SAFE & SOUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued) Gift aid Income tax recoverable in relation to donattons reiVed under Gift Aid cr deeds of covenant is Tecognised at the time of the donation. Investment income Investment income is recognised on re1vable basis. Income tax recoverable in relation to investment income is recognised for the perKKI in vthich the income is eamed. Other income Housing management and support servi5 income is reccNJntsed for the period in which the income is eamed. Rental income is recognised as income for the period rent is due. Youth Club income is recognised as activities are undertaken. 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer e)nomIC benefft to a third party, it is probable that a transfer of economic beneffts will be required in setdemen( and the anUnt of the obligation can be measured reliabty. Expenditure is dassified by activty. The costs of each activty are made up of the total of direct costs and shared costs, induding support costs involved in undertaking each activty. Direct o)sts attribtrtable to a single activity are allocated direcdy to that activity. Shared costs which o)ntribute to more than one aclivity and support costs which are not attrtbutable to a single actFvty are apporboned beeen those adtvtbes C a basis consistent with the use of reSoUrs. Central staff costs are allocated on the basis of time spen( and depreciation charges are allocated on the portion of the asset's use. 1.6 Tangible fixed assets Tangible fixed assets costing £250 or more are initially measured at ¢J)st and subsequenty measured at cost or valuation, net of depreciation and any impaimient losses. Depreciation is recoJnised so as to wrtte off the )st or valuation of assets S their residual values over their use[ lives on the followng bases: Land and buildings Fixtures and fittings 2% straight line 250h straight line The gain or loss arising on the disposal of an asset is determined as the dneren beeen the sale proceeds and the carying value of the asset. and is recjniSed in the statement of financial activities. 1.7 Impairment of fixed assets At each reporting end date. the charity reviews the carrying amounts of lis tangible assets to detemiine whether there is any indication that those assets have suffered an impairnent loss. If any such indication exists, the recoverable amount of the asset is estimated in order to detemiine the exient of the impainnent loss {rf any)- 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-temi liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
WirtualStyJrtur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 21r29 BARNABAS- SAFE & SOUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued) 1.9 Financial instruments The charity has elected to apply the provtsions of Section 11 'Basic Finanaal Instruments. and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its finanaal instruments. Financial instruments are recognised in the chaTiWs balan sheet when the thatity beC0n party to the contractual provisions of the instrument. Financial assets and liabilities are offseL wtth 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 setue the liability sirnultaneously. Basic financial assets Basic financial assets, which include debtors cash and bank balan, are initially measured at transaction pri including transaction costs and are subsequently carried at amorttsed 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 interesL Financial assets classified as receivable wthin one year are not amortised. Basic financial liabilities Basic financial liabilities, induding creditors and bar loans are initialty reccrfJnised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the tUre payments discounted at a market rate of interest. Finanal liabilrbes dassified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cos( using the effedive 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 dassified as current liabiltbes rf payment is due within one year or less. If not, they are presented as non-ujtrent liabilibes. Trade ueditors are reccrfJnised initially at transaction price and subsequently measured at amorttsed cost using the effective interest methcmj. Derecognition of financial liabilities Financial liabilities are derecognised when the ch[ty'S contractual obligations expire or are distharged cancelled. 1.10 Employee benefits The cost of any unused holiday entiuement is recognised in the peficKI in vthich the employee's services are received. Temiination benefits are reccgnised immediately as an expense when the tharity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.11 Retirement benefits Payments to defined contribution retirement benefft schemes are charged as an expense as they fall due. 10-
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 22r29 BARNABAS- SAFE & SOUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Critical accounting estimates and judgements In the application of the charty's accounting polie5. the trustees are required to make judgements, estimates and assumptions about the catrying amount of assets and liabilities that are not readity apparent from other sources. The estimates and associated assumptions are based on historical experien and other factors that are considered to be relevant. Actual results may dÈfter from these estimates. The estimates and underfyng assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the reViSn and future peri(MJs ere the Tevision affects tK)th ent and future periods. 11
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 24r29 BARNABAS- SAFE & SOUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charitable activities Unrestricted Unrestricted funds funds 2024 2023 Housing management Housing support services 167.284 3.159 109,629 6,843 170,443 116.472 other trading activities Unrestricted Unrestricted funds funds 2024 2023 Property rental income Youth work 3.775 191 10.543 172 Other trading actiwties 10,715 Investments Unrestricted Unrestricted funds funds 2024 2023 Interest re1vable 13-
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 25r29 BARNABAS- SAFE & SOUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charitable activities Unrestricted Restricted Total Unrestricted Restricted 2024 Total 2023 2024 2024 2023 2023 House management Housing support services Floating support Core Youth WOTk 73.118 73,118 63,791 63,794 47,922 6,998 59,758 8,233 9,855 57.777 6.998 71.192 43,697 71,659 6,942 51,349 4,478 9.202 80,861 6,942 64.853 21,856 11.434 35.464 13,504 17,378 196,029 56,753 252,782 198,222 40,084 238,306 Share of governan costs (see note 8) 15,865 15.865 200,589 56,753 257.342 214,087 40.084 254,171 Analysis by fund Unrestricted funds Restricted funds 200,589 200,589 56.753 214,087 214,087 40.084 56.753 40.084 200.589 56.753 257.342 214.087 40,084 254.171 Support costs Support Govemance costs costs 2024 2023 Basis of allocation Examination of the financial ststements Legal fees 11,665 15,865 Analysed beeen Charitable activities 4,560 15,865 Allocation of support costs The charrtable company allocates costs dired to xtivities as far as possible, then identifies the remaining costs of its support functions. It then identsfies those costs which relate to the govemance function. Having identified its govemance costs, the remainirKJ supp)rt costs together wtth the govemance sts are apportioned beeen the key charitable activitses undertaken in the year. 14-
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 26r29 BARNABAS- SAFE & SOUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Net movement in funds 2024 2023 Net movement in funds is stated after chargingl(cTeLfting) Depreciation of owned tangible fixed assets 32,232 36.147 10 Independent Examinerfs remuneration Fees payable to the charity's Independent Examiner. 2024 2023 Independent Examination of the charivs annual aca)unts 4,200 11 Trustees None of the trustees (or any persons )nnected with them) r1Ved any remuneration or beneffts from the charity during the year. 12 Employees The average monthly number of emploYS during the year was: 2024 Number 2023 Number Provision of charitable services Administrative staff Total 11 Employment costs 2024 2023 Wages and salaries Social security costs Pension costs 100,958 7.560 3275 116.054 4,456 3,825 111.793 124,335 There were no employees whose annual remuneration was more than £60,000. 13 Taxation The charty is exempt from tax on income arKI gains falling wthin section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its thitable objects. 15-
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 27r29 BARNABAS- SAFE & SOUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Tangible fixed assets Land and Fixtures and buildings Total Cost At 1 April 2023 617,640 714,220 At 31 March 2024 617.640 714.220 Depreciation and impairnient At 1 April 2023 Depreciation charged in the year 160.683 12.353 71.092 19,879 231.775 32,232 At 31 March 2024 173.036 90.971 264,007 Carrying amount At 31 March 2024 450,213 At 28 February 2023 456,957 25,488 482.445 15 Debtors 2024 2023 Amounts falling due within one year: Trade debtors Other debtors 3.812 7,475 6,572 3,812 14.047 16 Loans and overdrafts 2024 2023 Bank loans 72.105 77.151 Payable wthin one year Payable after one year 5,362 66,743 5,027 72,124 Included within creditors more than one year in an amount of £41,468 (2023: £48,443 } in resped of liabilities payable or repayable by installments which fall due for payments after more than fve years from the reporting date. Interest is charged at 6.5 %. The bank loans due more than one year relate to mortgages on properties held and there is a legal charge against such properties. 16-
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 28r29 BARNABAS- SAFE & SOUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Creditors. amounts falling due within one year 2024 2023 Notes Bank loans Other taxation and social security Other creditors Accruals 16 5,362 1,772 5.027 965 4.200 5,001 12.135 10.192 18 Creditors" amounts falling due after more than one year 2024 2023 Notes Bank loans 16 66,743 72,124 19 Restricted funds The income funds of the chanty include restricted funds ¢))mprÉsing the following unexpended balances of donations and grants held on trust for speafic purposes: Movement in funds Movement in funds Balance at Incorning Resources Balance at 1 April 2022 rw30urce5 expended 1 April 2023 re%rCeS ex[KIed 31 March 2024 Youth Work Provision Core acttvities Housing support 17,629 58,780 (40.084) 15,036 25,027 (35,464) 4.599 11.434 (11.434) 9.855 (9,855) 1.500 17,629 58,780 (40.084) 36,325 26,527 (56,753) 6.099 The specific purposes for which the funds are to be applied are as follows: Youth Work Provision The fvnding is held in the respect of the provston of youth activibes. 17-
WirtualStyJr*tur8 Tran8adon Ref. Z89K-M4XV-TQISD 28 Nov 2024 07:51..42 GMT (UTC +01 0 1r2 P 29r29 BARNABAS- SAFE & SOUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Unrestricted funds Movement in funds Movement in funds Incoming Resources &ance at Incoming Resources Balance at resources expended 1 April 2023 resources expended 31 March 2024 Balance at 1 April 2022 General Funds Building maintenance fund 475.809 136.401 (204.087) 408,123 193,757 (200,589) 401,291 10,000 (10.OCM)) 485,809 136,401 (214.087) 408,123 193.757 (200,589) 401.291 The specific purposes for which the funds are to be applied are as follows: Building maintenance fund £Nil {2023: £Nil) has been designated to coveT Potential ongoing costs in maintaining the property. 21 Analysis of net assets between funds Unrestricted Restricted funds fun(Is 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Fund balances at 31 March 2024 are represented by: Tangible assets Current assetsl(liabilities) Long tenn liabilities 450,213 17,821 (66.743) 450,213 23.920 {66,743) 482,445 (2,198) 172,124) 482,445 34,127 (72.124) 36.325 401,291 407.390 408,123 36,325 444,448 Financial commitments. guarantees and contingent liabilities Induded in the statement of financial position are unpaid pension contributions of £441 (2023: £345). 23 Capital commitments The total amunt of other financial commitments mt provided in the financial statements was £Nil (2023 - £Nil). 24 Related party transactions During the year the charity made the following related party transactions: Trustees During the year the charity received donations totalling £120 frcm trustee G Lee (2023: £120). During the year the charty received membership fees lotalling £40 from K Johnstone, E Shields and H Brown. At the balance sheet date the amount due tolfrom Trustees was £Nil (2023 - £Nil). 18-