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← Link To Change

2022-03-31-accounts

LINK TO CHANGE LTD

DRAFT FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2022

Company Registration No: 4749130 Registered Charity No: 1098452

A1 LIFESTYLE ACCOUNTS LTD ACCOUNTANTS EXECUTIVE SUITE THE A1 LIFESTYLE VILLAGE GREAT NORTH ROAD LITTLE PAXTON ST NEOTS CAMBRIDGESHIRE PE19 6EN

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LINK TO CHANGE LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31ST MARCH 2022

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||||||||| |---|---|---|---|---|---|---|---| |CONTENTS|PAGE| |Company|Information|1| |Report|of the|Chairman|of Trustees|2| |Income|Statement|3| |Statement|of Income,|Expenditure|and|Other Funds|4| |Restricted|Funds|5| |Balance|Sheet|6| |Charity|Notes|7| |Notes|to|the|Financial|Statements|Continued|8| |The following|pages|do|not form|part|of the|financial|statements| |Report|of the|Accountants|to|the|Trustees|9| |Summary|of Income|and|Expenditure|10|

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LINK TO CHANGE LIMITED

Page 1

COMPANY INFORMATION

YEAR ENDED 31ST MARCH 2022

CHAIR:

Ms Felicity Mallam

TRUSTEES:

The trustees of the company during the year were as follows:

Alan McCormick Rowan Moore Shreena Misty Fiona Factor Sarah Morecombe (Appointed 9th June 2021) REGISTERED OFFICE: 40 Mill Street Bedford Bedfordshire MK40 3HD

REGISTERED NUMBER: 4749130

CHARITY NUMBER: 1098452

ACCOUNTANTS: Ai Lifestyle Accounts Ltd Executive Suite The A1 Lifestyle Village Great North Road Little Paxton St Neots Cambridgeshire PE19 6EN

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LINK TO CHANGE LIMITED

Page 2

REPORT OF THE CHAIR OF TRUSTEES

YEAR ENDED 31ST MARCH 2022

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

Objectives and Activities

Link to Change operates under a set of core values: respect, a non-judgemental approach, compassion, inclusiveness and regard for the United Nations Rights of the Child and the Human Rights Act. As a charity we operate a reflective practice, are proactive and are responsive to need.

The objectives of the charity are as follows:

To advance the education; preserve and protect the mental and physical health and relieve sickness and poverty of children, young people and adults.

The advancement of education for the public benefit in the issues surrounding children and young people, their families and carers, in respect of sexual exploitation, substance misuse and social exclusion in response to the needs presented by the local communities in Cambridgeshire and surrounding counties.

The Link to Change Vision:

Our vision is of a world where everyone can live free from exploitation.

The Link to Change Mission:

Link to Change is committed to being the experts in child exploitation, using direct experience to advocate and support change.

We achieve this by: .

: Inspiring and enabling positive change, growth and self-worth for all children and young people.

. Having a commitment to young people’s participation and involvement in service design, governance and review.

. Building engaging and trusted relationships with children, young people, families, professionals and the communities in which they live within.

: Providing a holistic and dynamic trauma-informed support service around exploitation. . Being proactive with children and young people in prevention as the best form of protection against exploitation.

The Link to Change Values are:

; Quality- We provide an effective, reliable and high-quality service to children, young people, their families, the community and professionals to support them. ° Challenging- We advocate for and with young people and challenge other professionals to create positive change.

, Trustworthy- We are confident in our commitment and credibility to deliver on what we say we are going to do.

Dedication- We are committed to our young people through providing open-ended and continuous support.

: Knowledge- We are dedicated to continually build upon our knowledge and expertise in the field

of children, young people and exploitation.

: Safety- We create a culture to safeguard and protect eveyone from exploitation.

Public Benefit

The Trustees of Link to Change have due regard to the Charity Commission's public benefit guidance to meet their legal obligations under the Charities Act.

Child Exploitation can have a devastating impact on the social integration, economic well-being and life chances of young people. Difficulties faced by victims of child exploitation include isolation from family and friends, teenage parenthood, failing examinations or dropping out of education altogether, unemployment, mental health problems, suicide attempts, alcohol and drug addiction, aggressive behaviour and criminal activity. Child Exploitation has a profoundly damaging effect on families and communities.

Reports from the Office of the Children’s Commissioner and leading academic institutions inform us that there is still much work to be done.

The Trustees believe that the contribution that Link to Change makes to improving the public knowledge of child exploitation and the support that it offers to the victims of this terrible crime is of public benefit.

ACHIEVEMENT AND PERFORMANCE

Funding Successes

The Trustees extend their grateful thanks to all our funders who are listed within the report and the financial statement and to our donors who have contributed, often without publicity, enabling us to expand our services and reach more children and young people.

2021-22 was another fantastic year for Link to Change due to securing fantastic funding from some of the following: National Lottery Community Fund, Paul Hamlyn, Garfield Weston, Lloyds Foundation, Panacea Charitable Trust, Steel Charitable Trust, Swire Trust and many others. We embarked on enhancing our partnership with FACES in Bedford on a joint funding grant from the Office of the Police Crime Commissioner for the third year of the Changing FACES project and welcoming the second year of the #SEEN Project funded by The Harpur Trust.

We additionally secured funding from Screwfix Foundation, John Apthorp and Mrs B L Robinson to help with providing a safe space within our new premises for children and young people.

Charitable Donations and Assistance

Thank you to our volunteers who grant us their ‘gift of time’.

We would especially like to offer our sincerest thank you again to Puzzle Technology who provide our technical support beyond their contractual agreement.

Partnership Working

We have built upon and strengthened our partnerships with the local authority and police within Bedfordshire. We attend all the vital partnership and strategic meetings within the county, ensuring we have the relevant tools and knowledge for effective and positive service delivery, working within a contextual safeguarding framework.

We have strong partnerships with schools in our geographic areas, delivering preventative and educational work. Helping young people at risk of or experiencing child exploitation to remain in touch with their education and achieve their potential, despite the harms caused.

We continued to build upon our new relationships and partners within the county, including Luton Youth Offending, Att10tive, VERU and Dynamic Decisions. We have created new partnerships to build upon the future of Link to Change and create lasting change within the county.

Link to Change continued to provide a contextual service to support children and young people who are at risk of or experiencing exploitation. The service encompassed all areas of supporting children and young people, specifically tailored to individual need and experience.

We continued to deliver on our Strategy into Action 2020-23, building upon our three main service provisions under the domains of Choice, Challenge and Change.

We have been excited to build upon our early-intervention Choice services in Luton, by successfully securing funding for the project in Bedford Borough through The Panacea Charitable Trust and the local authorities Bedford Borough Youth Empowerment fund.

Our other main services provided were encompassed under the Challenge strand. This saw Link to Change continuing to deliver their high-quality services, working with the cycle of exploitation, providing wellbeing and resilience support to children and young people in changing the cycle of exploitation. We excitedly received a further 3-year project funding from National Lottery Community Fund. This funding saw Link to Change reducing the age of those we support to 7 years and above. These projects included:

; National Lottery Community Fund- Pan-Bedfordshire Services (finished December 2021). : National Lottery Community Fund- Challenge: Switch project. ‘ Bedford Borough Youth Empowerment- Choice: Reload project Bedford Borough. i The Panacea Charitable Trust- Choice: Reload project Bedford Borough. ; Luton Youth Fund- Choice: Reload project in Luton. . Charles Hayward- Choice project. : Office of Police and Crime Commissioner- Changing FACES project with our partners FACES Bedford. : The Harpur Trust- #SEEN Project with our partners FACES Bedford. : Children in Need- The Dodgems Project (Cambridgeshire and Bedfordshire). : The Pilgrims Trust- Helter Skelter Project. : Office of Police and Crime Commissioner and VERU- Is This OK? Project. : Luton Youth Offending and Luton Borough Council- TREE Project.

Our Change strand saw the further work and development of our Participation Group, providing empowerment and participation to young people after a life of exploitation. We would like to give our thanks to all the children and young people who have worked with us, especially our participation members who have been instrumental in enhancing policy change and professionals’ responses to child exploitation. This year the participation group has continued to work with our team to advise and develop the charity. Our participation group has had an active voice in the governance and operations of the charity and recruitment interviews. In addition to this, the participation group has assisted Bedfordshire Police, Bedfordshire University, The Children’s Society and the Local Authorities with a variety of different consultations, providing an insight into their experiences and viewpoints. Their contributions have been pivotal in ensuring our beneficiaries are at the heart of the work we deliver, ensuring children and young people can live happier and healthier lives free from child exploitation.

Link to Change, despite the changes in the pandemic, had the opportunity to support our beneficiaries through positive activities. These activities included boxing, Go-Ape, Go-Karting and mini golf.

In February 2022, Link to Change embarked on a new partnership with the ‘Is This OK?’ National project between Runaway Helpline and Childline. The project provides an anonymous helpline to children and young people at risk of exploitation and abuse. As the scheme develops within Bedfordshire, Link to Change will be the main referral and support pathway within the county.

Waiting lists for our entire projects are high and we are working hard to secure future and further funding to continue delivering these vital services.

Our New Premises

This year we have been very excited with the news that we relocated premises in September 2021. This relocation saw Link to Change move from their existing premises and into the heart of the community and town centre of Bedford Borough. The office space is in a central location that is easily accessible for children and young people and most importantly provide a safe space for them. The building offers confidential 1-2-1 rooms and a youth participation room.

This relocation will look to build upon Link to Change’s profile, alongside building stronger networks within the community and partner organisations. It will provide a training centre to disseminate our learnings. We see this as the next big step to strengthening Link to Change.

COVID-19 PANDEMIC

Impact

Into 2021 to 2022, Link to Change saw the continuing impact of COVID-19 through our capacity and limitations to deliver in schools and the community. This reduction in service delivery led to a decrease in the number of children and young people we were able to successfully support. These activities traditionally take place in the community, schools and at partner organisations. It has been increasingly difficult due to lockdown restrictions, access to schools, constraints in the community and access to venues.

We continued to deliver face to face, where possible, working in line with the governments social distancing guidelines. Our practitioners listened to the children and young people receiving support, as well as evaluating their current safeguarding concerns and delivered the style of services they wished for and was required.

Link to Change was fortunate enough to continue to retain all their staff and no employees were furloughed.

During the pandemic, we managed to achieve a 92% rate of continued engagement. The team saw an increase in safeguarding concerns raised by 27% over the last year, with an increase in vulnerabilities, increased stressors and reduced service provisions throughout the county. It was essential that we continued to work effectively with all of our partners to effectively safeguard our beneficiaries.

FINANCIAL REVIEW

Financial Position

The financial statements for the year ended March 2022 show that the charity received income of £514,568 and incurred expenditure of £440,520. This was in line with expectations.

Reserves at the year-end are £74,000 with this set aside to meet estimated costs of winding up the charity should further funds are not secured in line with our current policy.

No tax has been levied upon any of the organisation/company's activities.

The Trustees consider the funding levels committed to by funders to be adequate for the forthcoming twelve months but recognise the on-going need for both additional and replacement funding to be secured. The Trustees also recognise the need to diversify funding sources away from the purely philanthropic and are confident that additional funding can be secured and that the income generation strategy for 2020-2023 is strong.

Link to Change recognises the importance of fulfilling its regular financial commitments and therefore the level of reserves required must allow for these commitments. Link to Change will be increasing its level of reserves to £150,000 to cover both 9 months of unrestricted obligations and to allow for any matters arising in the competition of our office premises.

In addition to this, Link to Change will be investing £50,000 towards the strategic and operational development of service delivery capacity building.

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FUTURE PLANS

2021 saw the continuing growth and expansion of our work throughout Pan-Bedfordshire, with new and exciting partnerships taking place. We look forward to continuing to build strong and lasting relationships in this area and develop further new services in line with our Strategy into Action for 2020-2023.

We welcomed new highly experienced employees to join the delivery, management, and support team.

We also most warmly thank all our passionate and committed staff who are always willing to 'go the extra mile’ to ensure that our service users receive a quality provision.

We look forward to settling into our new office premises to assist in the development of the charity and its services within the county.

We said goodbye to Stephanie Rodriguez who was an observer to the board as part of the London Business School Trustee Fellowship Programme, and thank her for her time and support.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The Company operates under its memorandum and articles of association dated 1 April 2003; amended on 8 July 2011.

Charity Constitution & Management

The charitable company is led by a board of directors, who are the trustees and form the council of management of the company.

Trustees are co-opted to the Board with the agreement of the Directors and are elected at the annual general meeting. Each Trustee has an area of interest and works closely with staff to develop and maintain these activities.

The Trustees approve the strategic plan, the business plan and monitor their implementation. Periodically the Trustees approve reviews of the charity's policies and procedures under the guidance of the CEO.

The Board of Directors seeks to ensure that the needs of all user groups are reflected through the diversity of skills represented by the Board. Through open advertising, new members with appropriate skills are recruited and co-opted to the Board.

All Trustees are familiar with the practical work of the charity. New members are inducted by the CEO and the Chairman and are encouraged to spend time with operational staff. Each Trustee is provided with a pack covering: - Obligations of the Board of Directors.

Approved by the trustees of the charity on iZ/elar And signed on its behalf by:

Ms Felicity Mallam

Chair

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LINK TO CHANGE LIMITED

Page 3

INCOME STATEMENT

YEAR ENDED 31ST MARCH 2022
Note 2022 2021
= £
TURNOVER 514,568 465,755
Cost of Sales - -
GROSS INCOME 514,568 465,755
Administrative Expenses (440,520) (306,438)
SURPLUS FORTHE FINANCIALYEAR 74,048 159,317
BALANCEBROUGHTFORWARD ___356,342 ___197,025
BALANCECARRIEDFORWARD ___ 430,390 __356,342
1
Income and Endowments
All income is recognised once the charity has entitlement tothe income, it is probable that
the income will be received and the amount ofthe income receivable can be measured
reliably.
2
Investment Income		 2022 2021
£ £
Interestreceivableonbankdeposits 19 62

3 Fund Structure

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

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

Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Futher explanation of the nature and purpose of each fund is included in the notes to the financial statements.

4 Pensions and Other Post Retirement Obligations

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Pension costs are allocated between activities and funds on the same basis as any other salary costs.

LINK TO CHANGE LIMITED

Page 4

FINANCIAL STATEMENTS

YEAR ENDED 31ST MARCH 2022

STATEMENT OF INCOME, EXPENDITURE AND FUNDS BALANCES FOR THE YEAR ENDED 31ST MARCH 2022

Unrestricted Restricted Unrestricted Restricted
Funds Funds __ Total 2022 Funds Funds Total2021
£ & £ £ £ £
Income and Endowments
Donations and legacies 156,935 - 156,935 133,214 - 133,214
Charitable Activitites - 357,614 357,614» ~ 332,479 332,479
Investment Income 19 - 19 62 - 62
Total Income 156,954 357,614 514,568 133,276 332,479 465,755
Expenditure
CharitableActivities (209,860) (230,660) (440,520) (146,738) (159,700) (306,438)
Net (52,906) 126,954 74,048 (13,462) 172,779 159,317
Transfers Between Funds 77,221 (77,221) - 141,466 (141,466) -
NetFunds 24,315 49,733 74,048 128,004 31,313 159,317
Reconciliation of Funds
Total Funds BroughtForward 266,390 89,952 _356,342 138,386 58,639 _197,025
TotalFundsCarriedForward 290,705 139,685 _430,390 266,390 89,952 356,342

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LINK TO CHANGE LIMITED

Page 6

BALANCE SHEET

YEAR ENDED 31ST MARCH 2022

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2021 2020
Note £ £ £ £
FIXED ASSETS
Tangible Assets 5 4,166 §,555
CURRENT ASSETS
Debtors 6 4,915 2677
Cash at Bank and in Hand 429,266 359,345
CREDITORS: 434,181 362,022
Amounts falling due within one year 7 7,957 11,235
NET CURRENT ASSETS 426,224 350,787
TOTAL ASSETS LESS
CURRENT LIABILITIES 430,390 356,342
FUNDS OF THE CHARITY
Restricted Funds 139,685 89,952
Unrestricted Funds 290,705 266,390
TOTAL FUNDS 430,390 356,342
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The company is entitled to exemption for audit under Section 477 of the Companies Act 2006 for year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.

The Trustees acknowledge their responsibilities for:

(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006, and:

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. The financial statements were approved by the Board on 1 Ihe | Pei Bi cvcnncemences and were signed on its behalf by:

Ms Felicity Mallam

The notes on page 8 form part of these financial statements

LINK TO CHANGE LIMITED

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Page 7
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CHARITY NOTES

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YEAR ENDED 31ST MARCH 2022
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The A1 Lifestyle Village Great North Road Little Paxton St Neots Cambridgeshire, PE19 6EN .

Charity Status

The charity is regulated by guarantee.

The accounts were authorised for issue on the date shown on the balance sheet.

Accounting Policies

Summary of significant accounting policies and key accounting estimates

The principle accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SOP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.

Basis of preparation

Link to Change meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertanties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

The trustees consider the going concern, taking into account reserves policy and any additional income which may be sourced throughout the forthcoming year.

Exemption from preparing a cash flow statement

:

The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Debtors

Debtors are amounts due from services performed in the ordinary course of business

Cash and Cash Equivalents

Cash and Cash Equivalents comprise cash in hand and call deposits, together with other short term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Employees and Trustees

The average number of employees during the year was 11.

Page 8

LINK TO CHANGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

YEAR ENDED 31ST MARCH 2022

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OPERATING PROFIT
Operating Profit is stated after charging: 2022 2021
£ £
Depreciation - Owned Assets 1,389 1,852
Director's Emoluments -
FIXED ASSETS ASSETS Computer
and Office .
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5 FIXED ASSETS ASSETS Computer
and Office
Cost Equipment
As at 1st April 2021 38,030
Addition -
As at 31st March 2022 38.030
Depreciation
As at 1st April 2021 32,475
Charge for the Year 1,389
As at 31st March 2022 33,864
Net Book Vaiue
As at 31st March 2022 4,166
As at 31st March 2021 5,555
==—————a—
6 DEBTORS 2022 2021
E £
Rent and Rates 1,625 1,625
Donations 3,290 1,052
Other Debtors a -
4,915 2,677
S=———S ee
7 CREDITORS
Amounts falling due within one year 2022 2021
£ £
PAYE 6,335 ad
Deferred Income - 4,882
Accrued Expenses 122 1,353
Accountancy 1,500 5,000
7,957 11,235
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2022 2022 2022 2021 2021 2021
Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds Funds Funds Funds Funds
£ £ £ £ £ £
Tangible Fixed Assets 4,166 - 4,166 5,054 - 5,054
Current Assets 294,496 139,685 434,181 272,070 89,952 362,022
Current Liabilities 11,235 - 11,235 11,235 : 11,235
ANALYSIS OF NET FUNDS
1st April 2021 Cash Flow 31st March 2022
£ £ =
Cash at Bank and in Hand 359,345 69,921 429,266
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LINK TO CHANGE LIMITED

MANAGEMENT INFORMATION

YEAR ENDED 31ST MARCH 2022

The following pages do not form part of the statutory financial statements

Accountants’ Report to the Trustees 9 Detailed Profit and Loss Account 10

Page 9

LINK TO CHANGE LIMITED

REPORT OF THE ACCOUNTANTS TO THE TRUSTEES

YEAR ENDED 31ST MARCH 2022

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2022, set out on pages 3 to 9. You consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities from the accounting records and information and explanations supplied to us. The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

A1 LIFESTYLE ACCOUNTS LTD Accountants

Executive Suite

The A‘ Lifestyle Village Great North Road Little Paxton St Neots Cambs PE196EN

Page 10

LINK TO CHANGE LIMITED

SUMMARY OF INCOME AND EXPENDITURE

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|||||| |---|---|---|---|---| |YEAR ENDED|31ST|MARCH|2022| |2021|2020| |£|£|£|£| |TURNOVER| |Grants|357,614|332,479| |Income/Donations|153,390|131,987| |Fees|3,545|1,227| |Interest|19|62| |514,568|465,755| |EXPENDITURE| |UNRESTRICTED| |Wages|139,523|111,922| |Entertainment|60|-| |Training|1,057|5,510| |Accountancy|5,500|9,165| |Miscellaneous|2,103|410| |Rent|and|Rates|32,361|5aTT| |Professional|Fees|2,160|-| |Repairs|and|Maintenance|3,216|-| |Insurance|3,912|3,347| |Telephone|and|Internet|3,774|6,203| |Utilities|707|870| |Activity Costs|2,420|360| |PP&S|468|655| |Subscriptions|3,565|554| |Computer and|Office|Expenses|7,574|-| |Depreciation| |Computer and|Office|Equipment|1,389|1,852| |209,789|146,625| |Restricted|Expenses|230,660|159,700| |440,449|306,325| |74,119|159,430| |Bank|Charges|if|113| |NET INCOME|FOR THE YEAR|74,048|159,317|

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