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2024-12-31-accounts

WILI Young Parents 14 Annual Report 2024

A year for courage

32 years on since a group of young mums created WILD, here we are: reaching over 400 families this year, and with more than 60 national partners, working together for a Fair Start for young parent families.

Like many other charities and partner agencies, we are seeing complex social, economic and political system challenges that are getting in the way of creating this fair start.

It’s getting even harder out there, and the least-resourced of our communities, including our WILD families, are bearing the brunt of this. Rises in infant deaths, suicidality, domestic abuse and sexual violence are sobering indicators of instability, inequity and injustice.

Now is not the time for the faint-hearted. We vow to stand with our courageous young parents to fight for their babies’ rights to survive and to thrive, and ensure that, to quote our young parents, “All the blame and shame can do one tonight”. It’s a simple ask: A Fair Start for Young Parent Families.

04 A YEAR OF WILD
05 OUR WILD FAMILIES
C O N T E N T S 12
23		 OUR IMPACT
PARTNERSHIP
26 A MODEL FOR CHANGE
28 ACCOUNTS

A year in numbers

This year WILD has supported over 700 babies, children and young parents...

plus an extra £38,000 in household grants given directly to WILD families who need help with food, fuel, and baby supplies..

..and £84,000 worth of added value in donated goods, services, professional skills and time

whole family group sessions

144

outdoor sessions at our WILD Garden

35

parents receiving extra 160 focused safeguarding and wellbeing support

online pieces of work, group or individual

300

700 baby-focused attachment sessions

in person parent-to16 be focused sessions

parents with extra help from Building Futures & Dads projects

160

daily online peer support chat groups

24

WILD Voices volunteers

25

115 home visits to families

trips and events - arts, 46 libraries, trains, woods, beaches...

books for WILD babies

200

Our WILD Families

WILD Families: Joining WILD

Most young parents join WILD during pregnancy through our formalised referral pathway with Midwifery services. We also have families referred from other agencies including health visiting, social care, housing, mental health and VCSE organisations, as well as young parents joining by themselves, or through contact with another WILD family.

The chart (below left) shows how families found out about WILD and the ring specifically shows referral routes for families supported by our Building Futures provision.

----- Start of picture text -----
Health Visitor
Other Self referral
14
6 Other 4
15
Social Worker
8 % new Building
Futures families
Midwife
% all new families
55
Health Visitor
18
Midwife
80
New families are supported by WILD’s Welcome Work team, who get to know them, address any
urgent issues, and help them build confidence to join our activities. Across the past year our
Welcome workers have delivered over 800 advice sessions and contacts with new young
parents. They also identify any support needs that WILD can help them with (below):
% parents support needs
psychological
learning
social/emotional
physical
sensory
behavioural
none reported
0 10 20 30 40 50 60 70
----- End of picture text -----

----- Start of picture text -----
WILD Families: Demographics
ethnic background gender and sexuality
Black, Asian, Mixed or Multiple heritage
% parents gender and sexual…
Gypsy, Roma or Traveller
100
White Cornish White British
White Other
80
60
40
20
0
Cis-genderTrans or NBHeterosexual LGTBQ+
----- End of picture text -----

family relationships

----- Start of picture text -----
% parents
In relationship with child's other parent
In relationship with new partner
Single
0 10 20 30 40
I see both parents I see one parent
These circles (left) show WILD babies and
children who see one or both parents.
Where they see only one parent, 84% of
these are mums.
----- End of picture text -----

WILD Families: Health

access to dentist

Registered and allocated

Not registered nor on waiting l…

Registered and on waiting list

smoking currently smoke

previously smoked smoke free homes

parents

children

breast and chest feeding

less than 6 weeks 6 weeks plus

80 60 40 20 0

WILD works closely with families and health colleagues to support breast and chest feeding. We are delighted that this year we have more WILD parents breast and chest feeding than at any time in the last 20 years.

initiated

did not initiate

WILD Families: Where our families live

----- Start of picture text -----
housing
Wider family Social housing
Private rent Temporary
Supported Sofa surfing
Caravan Foster care Other
100
80
private rent private rent
60
social housing social housing
40
20
wider family wider family
home home
0
% 2019 % 2024
----- End of picture text -----

18% of parents have shared they have previous experience of homelessness, and 15% of WILD babies and children have experienced homelessness.

Over the last 5 years, experience of homelessness and insecure housing has nearly doubled, alongside a rise in overcrowding and a reduction in families with a home in social housing.

We are part of the VCS Housing Alliance, and work with the new Nos Da service and Housing Options team.

WILD Families: Adversity

Our WILD families often have to contend with difficulties that make it hard to have a positive start to family life, through no fault of their own. We work with them to better understand the impact of the challenges they have faced, and to build on their strengths.

WILD children’s experience of risk of adversity

----- Start of picture text -----
% children
Current Previous
Neglect
Physical
CSA/E
Emotional
Attachment
0 20 40 60 80 100
WILD parents’ experience of adversity
% parents
domestic abuse
substances
suicidality
self harm
care experienced
history of abuse
safeguarding as a child
0 10 20 30 40 50 60
----- End of picture text -----

a

WILD Families: Adversity

safeguarding children SW assessment Early Help CHiN Plan CP Plan ICO / SGO PLO No known involvement % children

Over 50% of all WILD babies and children have safeguarding records, with around 40% having a safeguarding intervention from early help to statutory frameworks such as Child Protection Plans and care proceedings. This chart shows the current safeguarding interventions experienced by children who have accessed our Building Futures support.

“WILD saw something in me and were patient. They took the time to break down the walls and understand who I was behind the closed doors. WILD saw something in me and were patient, they didn't go when I was frustrated about not having my children. I believed in WILD and wasn't scared to be honest and vulnerable even though that was an awful feeling,

What I wish could’ve been different, is that I didn’t make the mistakes my mum did but sadly I did, but now I have broken the cycle. I am no longer looking for love or staying in relationships that could hurt me or my children.”

Our Impact

IMPACT: WILD Families

We want our work to make a positive difference to the lives of our WILD families. The charts below show the changes made by the hard work of young parents and our team, working together to create a safer, healthier start for their babies. This data is from our 92 families who faced the most challenges circumstances

IMPACT: young parents are better able to protect their children from harm better understand impact childhood trauma more honest and ready for change better engages with safety plans improved decisions based on child's safety stronger internal locus of control reduced abusive and violent behaviours

0 20 40 60 80

IMPACT: young parents better understand and meet their children's needs better practical care improved mentalisation of child's needs better emotional expression better coping with strong emotions more available and consistent better responds to child's mood and cues

0 20 40 60 80 100

IMPACT: children are safer because of better family and community support

better co-parenting more positive relationships grandparents positively involved better community and neighbour support better group participation more young parent friends

0 20

40

60

80

100

IMPACT: WILD Families

Young parents self-scored their own improvements in factors that improve family resilience:

I can better...

----- Start of picture text -----
regulate my emotions
cope with strong emotions
reflect and learn from experience
0 10 20 30 40 50 60
express my needs and feelings
get help early before things get worse
use services confidently
0 10 20 30 40 50
have a safe home
understand risks
prioritise my child's safety
0 10 20 30 40 50 60 70
meet my child's needs
help my child develop
understand positive and negative influences
0 10 20 30 40 50 60
----- End of picture text -----

regularly some of the time not often none of the time

IMPACT: WILD Families

It's much worse It's a bit worse And young parents shared how they felt about their family wellbeing It's about the same It's a bit better since joining WILD:

It's much better

Am physically active Spend time outdoors Eat healthy food Get enough to eat I... Feel safe at home Feel healthy It's much worse It's a bit worse Get help with health worries It's about the same It's a bit better Am warm enough at home It's much better 0 20 40 60 80 100 Enjoy time with me Play with me Be active I help my Learn new skills child.. Learn to talk Feed or eat well Sleep well It's much worse It's a bit worse Have a good routine Have confidence in me It's about the same It's a bit better Sing and make music It's much better 0 20 40 60 80 100 Relaxed I feel... Confident Useful Interested in new things Good about myself Supported by friends & family Able to cope with stress 0 20 40 60 80 100

much worse a bit worse about the same a bit better much better

IMPACT: WILD Voices

WILD values the voices of our parents and their children. We want to build a solid structure for our families’ voices to be heard, not just within WILD, but in the wider system, amongst partner agencies, stakeholders, leaders and policy makers. We want their dreams and ambitions they have for themselves and their children to be heard, and we want to support them to be fulfilled.

WILD Voices is the name chosen, initially, by parents who were involved in a pilot project to form a ‘steering group’ of parents who were moving on from WILD. From this pilot our ambition and the potential for this work has grown.

WILD wants young parent families not just to ‘get by’ but to flourish, to reach their potential and be seen, heard and recognised as valuable members of our communities. We need to support them to do this by recognising the barriers they face and help to break them down.

Young parents have something to say, they have a story to share and they want to shape the future to be the best for their children.

WILD Voices runs through all aspects of WILD, we aim for WILD Voices to be integral in our governance, to contribute to our national network, to participate in volunteering, to take ownership of our WILD garden, to learn and share in our children’s settings, to sing in our choir, and to be part of our recruitment process of new WILD Workers.

There are many ways our WILD Voices are making a difference already, from developing a pelvic health campaign to the launch of an original lyric song and music video.

IMPACT: WILD Voices

We are very proud that this year our WILD families scored us +79 Net Promoter Score, meaning they highly recommend our services

The in person dad group was really lovely... when we were going through a bad mental health patch, it was really nice to have a chill place to go to get us out the house and talk to people.

Thank you for everything you have done for my little family and in my first year as a mum.There’s lots of times where I really struggle but would never be brave enough to admit I need help, but Wild has been the most amazing support and comfort every week just knowing that I have a group of both caring Wild workers and other young girls who just understand. So I’m very very grateful to all of you.

I feel like it’s a space where I don’t feel judged and I can just be myself as all the workers are lovely and so are most of the other parents that take part in the groups

It’s nice to have people similar to you to talk about advice and struggles being a young parent.

IMPACT: WILD Voices Rant Club Film

We reached the finale of our Rant Club project, where we worked with young parents and Trifle Gathering Productions to address adversity using comedy, with the launch private and public screenings of their Rant Club Music Film

The film is a core part of our #BelieveInUs campaign to change the national narrative about young parent families, and celebrate the positive impact they make in our communities.

Public and private screenings drew in the crowds, while the film was shared far and wide on our social media networks.

The song and film are a triumphant, unapologetic ode to young parenthood; acknowledging the struggles, and celebrating the fact that becoming a mum and dad “ hasn’t ruined my life, it’s just changed the vibe”.

IMPACT: WILD Outdoors

We wanted to be able to spend more time in the outdoors with our WILD Families, in a space created with babies and children in mind to grow in nature. Through funding allocated from Cornwall Council’s Community Levelling Up Programme (part of the Good Growth Programme and UK Shared Prosperity Fund in Cornwall and the Isles of Scilly) we were able to secure and develop an allotment site in Camborne.

We began work on a very overgrown plot in the middle of Summer 2024, with the aim to get growing as soon as possible!

We cleared the plot to help us create a plan for our WILD Outdoors space, we spoke to fellow plot holders and to our WILD Families about ideas, and hosted some team drop ins to the plot to discuss them in practice and create a concept plan.

Our WILD Families helped develop ideas for the space:

Our first WILD families visiting the garden were excited to see their WILD Outdoors space and had lots of ideas to share. Healthy Cornwall also joined us for a session at the allotment. The next phase of our work focuses on the collaborative growing space, taking more ideas from families on board and helping them get involved in growing with their babies and children.

IMPACT: Social Value

Many WILD families do not experience the Cornwall that most of the population and visitors see, due to the financial, social and cultural barriers they face. So, we work hard to make sure they know it is their Cornwall too, and support them into the places and spaces they see as ‘other’...

Babies show us they enjoy sensory creative activies, and parents tell us they find creativity the most transformative experience they have at WILD. So, we go large on arts and culture, through our creative partnerships, and by providing opportunities to build their own rituals and events to promote a sense of belonging.

This year has included portraits exhibitions with Falmouth University, film-making with Screen Cornwall and CLEP, Choir at the Tate, and the launch of our WILD Rant Club video at Hall for Cornwall and local media.

IMPACT: Added Value

As well as funding from our funders and donors, we have also had over £84,000 worth of extra help. We are grateful to all our volunteers and supporters, who give their time, resources and expertise so generously. This includes:

£62,557 worth of donated volunteer time and expertise; training for families, business support, fundraising, therapy for parents, arts projects and workshops, legal advice, artwork donations, and events. And this is our first year where we have seen the full impact of our growing National Network, where academics, charity leaders, government advisors and policy makers have contributed their time, expertise and practical support to create our national theory of change, manifesto, and action plan to influence practice and policy across the nations.

£10,659 worth of emergency food, toys, health products, theatre tickets, household goods, books, nappies, train fares, cot bedding, and so much more!

£11,065 of training for our team, in every area of working with families and running a charity

IMPACT: Feedback about our services

Do not like it at all

We asked young parents how they felt about the types of activities we deliver

Do not like it much Neither like nor dislike Like it

Love it

WILD trips & visits WILD Mums group in person WILD Dads group in person WILD Children's work Going to the WILD Garden WILD Mums online video group WILD Dads online video group WILD chat groups with other parents one-to-one help by phone call one-to-one help by text one-to-one help on Facebook messenger one-to-one in person with your worker WILD music activities Project with a visitor in group WILD Instagram WILD Facebook WILD Website Meeting Father Christmas

0 20 40 60 80 100

We asked how it felt to join WILD...

worried confident

And about moving on...

confident

worried

Parents’ suggestions we will use to help in future: Meeting workers in person first Show more of WILD sessions on social media Introductory short sessions Sessions just for pregnant people Follow-on groups Continued 121 support

Continued Messenger contact with other parents

Partnership

PARTNERSHIP : examples in Cornwall

Cervical health

Young mothers and pregnant young people in the UK and here in Cornwall experience significant health inequalities, including reproductive and cervical health. While young mums are not yet at the screening age, they experience factors that increase the risk of cervical cancer, which include:

Working with the NHS Peninsula Cancer Alliance, our project helps young parents better understand their reproductive physiology, recognise symptoms of cervical cancer and other health issues, take preventative measures, and feel confident to take up future cancer screening.

Trauma- responsive working

We are implementing the Power Threat Meaning Framework (PTMF) (Lucy Johnstone), as an evidence-based tool to work with families to help them understand the impact of previous trauma. We are doing this in partnership with the Family Resilience Team (children’s psychology).

PTMF moves away from a medical model of mental ill health that involves diagnosis, labels and medical treatment, instead seeking to understand how the impact of early trauma and adversity can present within behaviours. Rather than being focused on symptoms and what is wrong with someone, we are curious about what has happened to them. The model reduces shame and blame, and fosters empathy and understanding.

We have completed whole team training with the family resilience team, set up mentoring for our area teams with children’s psychologists, and started family reviews using the structure of the PTMF.

PARTNERSHIP: National Influence

WILD wants a fair start young parents and their babies, not just in Cornwall, but across the UK. This year our national network has taken off, and along with it, our ability to have more influence on the wider system environment for young parent families.

----- Start of picture text -----
Empathy
A new
narrative
Evidence
----- End of picture text -----

Element for Change: Empathy People need to believe in young parents and their children, and want things to change

----- Start of picture text -----
Action
----- End of picture text -----

Element for Change: Evidence

Element for Change: Action

People need to understand and accept the case for change for young parent families

People need to know how to put their understanding and care into practice at every level of a system that enables this to happen

Our network already has 60 members across the UK, from practitioners and academics, to policy-makers, government advisors and think-tanks. We have drafted our manifesto, created our network plan and elements for change, and worked out the practical steps to make it happen. We are looking forward to taking WILD Voices into the national arena next year to change the narrative for young parent families.

A Model for Change

A Model for Change

This year we have been developing our WILD Model, which combines tried and tested interventions, with learning from babies and their young parents, through a trauma-responsive systems lens. We have a multi-skilled, evidence-based practitioner team who can adapt their response to any of the complex situations where they interact with young parent families.

We’ve increased the number of child-focused hours and invested in intensive evidence-based training for our team in child development, infant observation, trauma-responsive working, and collaboration with parents. Our team work towards our Theory of Change; what babies and their young parents need for a Fair Start at family life:

I can survive

I understand (what humans need)

My parents know what I need My parents understand how their behaviours affect me

My parents are not scared or scary My activities & routines help me grow

I have inner strength

I can get help

I feel love

I belong

EST. I Accounts

WILD Young Parents Project Reference and Administrative Details

Charity name WILD Young Parents Project
Charity registration number 1097693 Registered in England
& Wales
Registered office Lady Guinevere Suite
The Old Art School
Clinton Road
Redruth
TR15 2QE
Trustees C Macfarlane
D McBride (Chair)
A Ollivier
T Powell (Treasurer)
C Williamson
Independent Examiner Cornwall Community Accountancy Service
The Elms
61 Green Lane
Redruth
TR15 1LS

Page 29

WILD Young Parents Project Trustees' Report

Financial review

WILD income for the year was £751,788 (2023:£736,962) with expenditure of £842,188 (2023: £877,388). There is a deficit for the year of £90,400 (2023: £140,426). Total reserves are £996,486 (2023: £1,086,886) of which £205,344 (2023: £233,535) are restricted and £791,142 (2023: £853,351) are unrestricted. Designated funds have been setup by the trustees to cover capital assets and potential long term liabilities. Free reserves are those available after taking these designated funds into account. Free reserves at the year end were £213,624 (2023: £356,557).

Reserves policy

The reserves policy is determined by trustees to ascertain a suitable level of unrestricted reserves to protect the long term future of the charity. This policy does that by identifying designated reserves as well as looking at the capacity of free reserves, i.e. unrestricted reserves less designated reserves.

The trustees look to maintain free reserves sufficient to cover the cashflow needs of the society. The current free reserves reflect 3 months of cashflow spend.

The designated reserves deemed necessary by the trustees cover the capital assets requirements of the charity along with potential long term liabilities. Potential long term liabilities include six months running costs together with any staff redundancy costs and future leasing commitments. These long term liabilities are considered necessary to give sufficient time to identify and access new sources of funding should the need arise or, if this fails, to enable an orderly wind down of the charity.

Structure, governance and management

The charity is an unincorporated charity registered in England on 27th May 2003. The decision was taken during this financial year to transfer the charity to a Charitable Incorporated Organisation (CIO). To do this a new charity was registered with the Charity Commission on 16th October 2024 under number 1210505. All assets and liabilities of the existing charity transfer to the newly registered CIO on 1st January 2025.

Governing document

It is governed by its constitution that was adopted on 8th November 2002, amended on 21st April 2003 and 5th December 2019.

Recruitment and induction of trustees

Trustees are appointed according to professional expertise and lived experience. Trustees are elected at the AGM each year.

Induction of trustees includes the staff and trustee information handbook (detailing all policies and procedures), informal induction and mentoring through meetings and networking. Trustees may also attend staff and multi agency training.

Page 30

WILD Young Parents Project Trustees' Report

Organisation

Wild is governed by a Committee of Trustees, three of whom retire annually.

Decisions taken by trustees: CEO appointment, policy, critical procedure, strategy and annual budget agreement and oversight.

Decisions delegated to Chief Executive: leadership of staff team, management of senior team, fundraising, strategic budget management, strategic partnership development and maintenance, strategic vision planning.

Decisions delegated to senior team: operations co-ordination and delivery, HR and management of staff team, budget management, policy development.

Collaboration is essential to our work at WILD. We have substantial partnerships with our multi-agency colleagues, old and new, which are outlined earlier in this report.

Risk management

Risk is assessed using SWOT analysis and a resulting Risk Register, which is completed annually and supported by the Local Authority.

Actions points to address risk include: reserves policy, ring-fenced redundancy costs, financial management systems policy and safeguarding procedures.

Trustee Responsibilities

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Companies Act 2006 and the applicable Statement of Recommended Practice. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

17/09/2025

Approved by the Board on ….................... and signed on its behalf by:

c ri e DM B d

.D. .M..c.B.r.id..e. (.S.e..p. 1..7., .2.0.2.5.. 1.4..:3.2..:3.4. .G.M..T.+..1.) D McBride Trustee

Page 31

WILD Young Parents Project Independent Examiner's Report

I report on the accounts of the company for the year ended 31 December 2024 which are set out on pages 33 to 46.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the 2011 Act”). The trustees consider that an audit is not required for this year under section 144(2) of the 2011 Act and that an independent examination is needed.

The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

1) which gives me reasonable cause to believe that in any material respect the requirements

15 October 25 ....................................................... …………………………… Debbie Risborough, Chartered Certified Accountant Date: Cornwall Community Accountancy Service The Elms, 61 Green Lane, Redruth, Cornwall TR15 1LS

Page 32

WILD Young Parents Project Statement of Financial Activities

for the year ended 31 December 2024

Restricted
Note Unrestricted
funds		 income
funds		 Total
funds		 Prior year
funds
2024 2024 2024 2023
£ £ £ £
Income and endowments from:
Donations and
legacies		 4 12,033 2,000 14,033 36,740
Charitable activities 5 203,214 532,234 735,448 697,376
Investments 6 2,307 - 2,307 2,846
Total 217,554 534,234 751,788 736,962
Expenditure on:
Charitable activities 7 284,835 557,353 842,188 877,388
Total 284,835 557,353 842,188 877,388
Net income/(expenditure) before
investment gains/(losses)		 (67,281) (23,119) (90,400) (140,426)
Net income/(expenditure) (67,281) (23,119) (90,400) (140,426)
Transfers between funds 5,072 (5,072) - -
Other recognised gains/(losses):
Other gains/(losses) - - - -
Net movement in funds (62,209) (28,191) (90,400) (140,426)
Reconciliation of funds:
Total funds brought forward 853,351 233,535 1,086,886 1,227,312
Total funds carried
forward		 791,142 205,344 996,486 1,086,886

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

Page 33

WILD Young Parents Project Balance Sheet

As at 31 December 2024

2024 2023
Note £ £ £ £
Fixed Assets 11
Tangible Assets 12 9,755 8,129
Investments - -
9,755 8 ,129
Current Assets
Debtors 12 73,591 47,006
Cash at bank and in hand 929,210 1,047,763
1,002,801 1 ,094,769
Creditors: Amounts
falling due within 13 (16,070) (16,012)
one year
Net current assets 986,731 1 ,078,757
Total assets less 996,486 1,086,886
current liabilities
Net assets 996,486 1 ,086,886
The funds of the charity:
Restricted funds 15 205,345 233,535
Unrestricted funds 15
Other reserves 577,517 496,794
Unrestricted income funds 213,624 356,557
Total unrestricted funds 791,141 8 53,350
Total charity funds 996,486 1 ,086,886

Approved by the Board on …17./.0..9../.2..0..2..5....... and signed on its behalf by:

----- Start of picture text -----
c ri e
D M B d
----- End of picture text -----

DMcBride(Sep17, 2025 14:32:34 GMT+1) D McBride Trustee

Page 34

WILD Young Parents Project Statement of Cash Flows

As at 31 December 2024

As at 31 December 2024
2024 2023
£ £
Cashflows from operating activities
Net income per Statement of Financial Activities (90,400) (140,426)
Adjustments for:
Depreciationof property, plant and equipment 3,413 2,395
Profit on disposal of tangible fixed assets - -
Dividends, interest and rents from investments (2,307) (2,846)
Decrease/(Increase) in stocks - -
(Increase)/Decrease in trade and other receivables (26,585) 312
Increase/(Decrease) in trade and other payables (1,538) (1,992)
Net cash provided by /(used in) operating activities (117,417) (142,557)
Cashflows from investing activities
Purchase of property, plant and equipment (5,039) (4,617)
Sales of property, plant and equipment - -
Dividends, interest and rents from 2,307 2,846
investments
Net cash provided by /(used in) investing activities (2,732) (1,771)
Net (decrease)/increase in cash and cash equivalents (120,149) (144,328)
Cash and cash equivalents at the beginning of the year 1,046,633 1,190,961
Cash and cash equivalents at the end of the year 926,484 1,046,633
Components of cash and cash equivalents:
Cash at bank and in hand 929,210 1,047,763
Bank overdrafts (2,726) (1,130)
926,484 1,046,633

Page 35

WILD Young Parents Project Notes to the Accounts

Accounting policies

1.1 Basis of accounting

The accounts have been prepared under the historical cost convention and in accordance with:

The financial statements are prepared in sterling which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The charity constitutes a public benefit entity as defined by FRS102

1.2 Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

1.3 Fund accounting policy

Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.

Designated funds are amounts that are allocated for specific purposes by the charity itself.

Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Revaluation funds are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market value.

1.4 Income

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS102 SORP or FRS102.

Items of income are recognised and included in the accounts when all of the following criteria are met:

the control of the charity;

Donations and legacies are voluntary income received by way of donations and gifts. It is included

within the accounts when receivable and only when the charity has unconditional entitlement to the income.

Tax reclaims on donations and gifts are included in the accounts at the same time as the gift/donation to which it relates

Page 36

WILD Young Parents Project Notes to the Accounts

Donated goods and services are only included in income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable, measurable and material.

The value of services provided by volunteers is not included within the accounts.

1.5 Resources expended

Liabilities are recognised where there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and includes the attributable value added tax which cannot be recovered.

Grants payable are charged in the year when the offer is conveyed to the recipient except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year-end are noted as a commitment, but not accrued as expenditure.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs are the those costs required to support the charity in carrying out its activities and meeting its objects.

Governance costs include costs associated with meeting the constitutional and statutory requirements of the Charity, including the preparation and examination of the statutory accounts, the costs of trustee meetings and other costs linked to the strategic management of the Charity including the cost of any legal advice to trustees on governance or constitutional matters.

1.6 Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, which is reviewed annually.

The rates used are as follows:

The charity is exempt from corporation tax on its charitable activities.

1.8 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.

Cash at bank and in hand 1.9

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.

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WILD Young Parents Project Notes to the Accounts

1.10 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.

1.11 Pension costs

The charity operates a defined contribution pension scheme. Contributions are charged in the statement of financial activities as they become payable in accordance with the rules of the scheme.

1.12 Leases

Rentals under operating leases are charged to the statement of financial activities on a straight-line basis over the lease term.

2 Company Status

The charity is an unincorporated charity and has no share capital. The charity is incorporated in England.

The members of the charity are the trustees named on page 1.

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WILD Young Parents Project Notes to the Accounts

3 Statement of Financial Activities - prior year

Restricted
Unrestricted income Total
funds funds funds
2023 2023 2023
£ £ £
Income
Income and endowments from:
Donations and legacies 36,740 - 36,740
Charitable activities 199,373 498,003 697,376
Other trading activities -
Investments 2,846 - 2,846
Total 238,959 498,003 736,962
Expenditure
Expenditure on:
Charitable activities 157,754 719,634 877,388
Total 157,754 719,634 877,388
Net income/(expenditure) before
investment gains/(losses)		 81,205 (221,631) (140,426)
Net income/(expenditure) 81,205 (221,631) (140,426)
Transfers between funds 4,843 (4,843) -
Other recognised gains/(losses):
Other gains/(losses) - - -
Net movement in funds 86,048 (226,474) (140,426)
Reconciliation of funds:
Total funds brought forward 767,303 460,009 1,227,312
Total funds carried forward 853,351 233,535 1,086,886
4 Donations and Legacies
Unrestricted
funds		 Restricted
income
funds		 Total
funds		 Prior year
funds
2024 2023
£ £ £ £
Appeals and donations 4,333 2,000 6,333 18,494
Donated goods 7,700 - 7,700 18,246
12,033 2,000 14,033 36,740

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WILD Young Parents Project Notes to the Accounts

5 Incoming resources from charitable activities

Unrestricted
funds		 Restricted
income
funds		 Total
funds		 Prior year
funds
2024 2023
£ £ £ £
Grant Income:
Acts 435 - 840 840 450
Awards for All - 20,000 20,000 -
The AIM Foundation - 30,000 30,000 30,000
BBC Children in Need - 25,200 25,200 -
The Charles Hayward - 22,300 22,300 -
Foundation
Comic Relief Rant Club
Cornwall Council grants
Cornwall Community Foundation - ICB		 -
-
-		 7,930
108,503
-		 7,930
108,503
-		 86,370
40,550
9,998
Cornwall Community Foundation - - 22,939 22,939 -
Cornwall Community Foundation - People
in Mind		 - - - 10,000
Cornwall Community Foundation -
Surviving Winter		 - 5,000 5,000 13,000
Cornwall Community
Foundation - Womens Fund		 - 980 980 -
The Fidelity UK Foundation - 41,226 41,226 -
Garfield Weston Foundation - 30,000 30,000 25,000
KPMG
Masonic Charitable Foundation
The National Literacy Trust		 1,091
3,200
-		 50,000
-
100		 51,091
3,200
100		 75,000
32,885
-
The National Lottery Community Fund - 97,044 97,044 104,496
Sainsbury - - - 1,500
Segelmen Trust 30,000 - 30,000 30,000
Town Council grants - - - 200
Trusthouse - 19,992 19,992 19,992
Youth Music 150 50,180 50,330 48,562
Primary Purpose Trading:
Unrestricted small contract funds 4,765 - 4,765 10,373
Contractual income from government or public authorities
Corwall Council 164,008 - 164,008 159,000
203,214 532,234 735,448 697,376

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WILD Young Parents Project Notes to the Accounts

6 Investment income

6 Investment income
Unrestricted
funds		 Restricted
income
funds		 Total
funds		 Prior year
funds
2024 2023
£ £ £ £
Interest on cash deposits 2,307 - 2,307 2,846
2,307 - 2,307 2,846
7 Expenditure on charitable activities
Unrestricted Restricted To tal Prior year
2024 2023
£ £ £ £
Direct costs
Room Hire 135 2,175 2,310 1,456
Workshop/programme 8,448 22,922 31,370 26,263
resources
Beneficiary travel and 595 1,220 1,815 1,043
subsistence
Conference and membership - 2,961 2,961 3,514
fees
Monitoring/Evaluation - 12,737 12,737 9,717
Grants to individuals 25 48,500 48,525 76,800
9,203 90,515 99,718 118,793

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WILD Young Parents Project Notes to the Accounts

Support costs

Support costs
Wages and salaries 248,864 338,685 587,549 574,754
Staff NIC (Employers) 11,738 19,811 31,549 39,467
Pensions 6,078 10,219 16,297 14,904
Staff training 250 13,408 13,658 15,985
Staff Welfare 1,055 363 1,418 910
Rent and rates 167 20,646 20,813 20,307
Insurance - 4,797 4,797 4,326
Equipment repairs and - 270 270 466
renewals
Telephone and fax 40 4,152 4,192 6,838
Printing, postage and - 544 544 591
stationery
Subscriptions
Sundry expenses
Cleaning
Travel and subsistence
Advertising & Marketing
Consultancy fees		 (134)
666
-
3,420
-
-		 588
18,809
396
24,264
1,500
3,813		 454
19,475
396
27,684
1,500
3,813		 158
37,673
140
31,868
3,771
-
Legal and professional fees - - - 102
Bank charges 30 30 60 60
Depreciation 3,413 - 3,413 2,395
Total Support Costs 275,587 462,295 737,882 754,715
Governance Costs
Accountancy fees 45 3,043 3,088 2,905
The audit or independent
examination of the charity's - 1,500 1,500 975
accounts
Total Governance Costs 45 4,543 4,588 3,880
Total Charitable Expenditure 284,835 557,353 842,188 877,388

8 Net income/ expenditure

Net income/expenditure is stated after charging:

Net income/expenditure is stated after charging:
2024 2023
£ £
Independent Examiners' remuneration 1,500 975
Depreciation of tangible fixed assets 3,413 2,395
Other fees paid to the Independent Examiner 1,079 720

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WILD Young Parents Project Notes to the Accounts

9 Staff costs

The average monthly number of employees during the year was as follows:

2024 2023
Number Number
Staff in charitable activities 29 30
Volunteers (nos of people involved excluding Trustees) 36 40
The aggregate payroll costs of these persons were as follows:
2024 2023
£ £
Wages and salaries 587,549 574,754
Social security 31,549 39,467
Pensions 16,297 14,904
635,395 629,125
Total employee benefits received by key management personnel 233,642 170,280
No employee received emoluments in excess of £60,000 in either the current or the prior year.
The charity operates a defined contributions scheme with NEST. The pension cost shown represents
the contributions payable by the charity to the scheme for the period.
The outstanding contributions at the end of the financial period were: 2,580 2,189
Trustees' remuneration and expenses
One or more of the trustees has been paid remuneration in the current or prior periods.
2024 2023
Trustee £ £
D Mcbride 1 1,500 9,717
No expenses were paid to Trustees in the current or prior period.

10 Trustees' remuneration and expenses

Page 43

WILD Young Parents Project Notes to the Accounts

11 Tangible fixed assets

Plant and Fixtures,
machinery fittings
including and Total
motor equipment
vehicles
£ £ £
Cost
As at 1 January 2024 - 17,238 17,238
Additions 2,700 2,339 5,039
As at 31 December 2024 2,700 19,577 22,277
Depreciation
As at 1 January 2024 - 9,109 9,109
Charge for the year - 3,413 3,413
As at 31 December 2024 - 12,522 12,522
Net Book Value
As at 31 December 2024 2,700 7,055 9,755
As at 31 December 2023 - 8,129 8,129
12 Debtors
2024 2023
£ £
Accrued income 65,048 39,750
Prepayments 8,543 7,256
73,591 47,006
13 Creditors: Amounts falling due within one year
2024 2023
£ £
Trade creditors 8,824 3,016
Taxation and social security - (5,000)
Accruals and deferred income 1,940 1,895
Bank loans, overdrafts and credit cards 2,726 1,130
Other creditors 2,580 14,971
16,070 16,012

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WILD Young Parents Project Notes to the Accounts

14 Operating lease commitments

Annual commitments under non-cancellable operating leases are as follows:

2024 2024 2023 2023
Land and
buildings		 Other Land and
buildings		 Other
£ £ £ £
Operating leases with expiry date:
Within one year 9,098 - - -
In the second to fifth years inclusive - - 18,196 -
Over 5 years - - - -
9,098 - 18,196 -

15 Analysis of funds

Analysis of funds
As at 1
January
2024		 Incoming
Resources		 Resources
Expended		 Transfers As at 31
December
2024
£ £ £ £ £
Restricted Funds
Acts 435 3 840 (840) - 3
Aim Foundation 19,203 30,000 (21,383) - 27,820
Awards for All - 20,000 (15,751) - 4,249
Charles Hayward - 22,300 (15,368) (475) 6,457
BBC Children in Need - 25,200 (20,523) (440) 4,237
Comic Relief Rant Club 38,004 7,930 (44,974) (960) -
Cornwall Community
Foundation - ICB		 9,274 - (9,274) - -
Cornwall Community
Foundation - £22,939		 - 22,939 - - 22,939
Cornwall Community 10,000 - (10,000) - -
Foundation - People in Mind
Cornwall Community
Foundation - Winter well- 5,000 5,000 (10,000) - -
being
Cornwall Community
Foundation - Womens Fund		 - 980 (480) - 500
Cornwall Council Levelling
Up Grant		 - 42,513 (39,338) (3,175) -
Cornwall Council Housing
Support Grant		 2,200 49,500 (40,200) - 11,500
Cornwall Council Suicide
Prevention		 - 15,090 (14,612) - 478
Cornwall Council Venues 5,070 - (5,048) (22) -
Fidelity - 41,226 (13,883) - 27,343

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WILD Young Parents Project Notes to the Accounts

Garfield Weston 8,456 30,000 (27,360) - 11,096
KPMG 23,920 50,000 (28,234) - 45,686
Masonic Charitable
Foundation		 5,003 - (5,003) - -
National Lottery
Community Fund		 8,188 97,044 (92,094) - 13,138
Sylvia Adams 79,995 - (79,995) - -
Trusthouse 7,932 19,992 (17,516) - 10,408
Youth Music 11,038 50,180 (43,728) - 17,490
Small projects 249 3,500 (1,749) - 2,000
233,535 534,234 (557,353) (5,072) 205,344
General Funds
Unrestricted funds 356,557 217,554 (281,422) (79,064) 213,625
Designated funds
Potential long term
liabilities		 488,665 - - (10,903) 477,762
Capital fund 8,129 - (3,413) 5,039 9,755
Property purchase - - - 60,000 60,000
IT upgrade - - - 30,000 30,000
Total Unrestricted funds 853,351 217,554 (284,835) 5,072 791,142
Total funds 1,086,886 751,788 (842,188) - 996,486

16 Net assets by fund

Unrestricted
funds		 Restricted
income funds		 Total funds Prior year
funds
Tangible assets 9,755 - 9,755 8,129
Current assets 797,457 205,344 1,002,801 1,094,769
Creditors: Amounts falling
due within one year		 (16,070) - (16,070) (16,012)
Net Assets 791,142 205,344 996,486 1,086,886

Page 46

With thanks from our team at WILD, and on behalf of young parents and their children, for your ongoing support of our work towards a fair start for our WILD babies and their young parent families

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All photos copyright WILD Young Parents Project, with kind permission of WILD families, and our volunteer photographers from Falmouth University