Charlty Reglstratlon No 1098452 Company Reglstratlon No 4749130 Contsnts Charlty Inforn*th)n Llnk to Change TNg1••s' report >7 Ind•p•rtht Ex•mknof• r•port Sl•bmont ot flnanclal xtmt 1fy11 Note• to lh• Iln•n¢lal •tst•ments 1>20 Link to Change Charity informalion Chalr Mallam Trust•u and m•fflbern ol executlve commltleo Alan Ikco￿lL* Rowan Moore Shreena Mlsty Fw)na Factor Sarah Mora¢on Ch•rHy numb•r Company numb•r 4749130 40 MII SMr•8t Bethonl Bedlontshlro MK40 3HO Ind•p•nd•nl Examln•r Lwls• Tunley FCA CTA DChA Pékjnico Tunley Limited. Chartered Acc￿r￿￿o 19 Gokllngton Ro￿1 MK40 &IY Llnk to Change Trustees. report For the year ended 31 March 2024 Tho Trustoes, who aro also direclors of the charity for the purp)ses of the Companies Act 20(￿. prèsent thelr report with the finartial statemw*ts of the tharity for the year ended 31 March 2024. Th8 Trustees hav8 adoO•Y the provLqlons of AC￿Untinll arthy Reporting by Charitth: Statement of A8￿Mmended Practica applicable to charities preparfng their ar￿Unts in a(urdan(x wlth the Financial Reporting SLindard appl￿6 In the UK and Republic of Ir8land IFRS 1021 leffecthie 1 January 20191- ICharfl68 SORP IFRS 1021). thg Finan(i81 R8p)ItiNJ Standard 8pplirAble In the UK armj Rewbllc of trelarnl {FRS 1021 and the Cryanie8 Acl 2006. ObJocllv•• •rKI A￿1VItIeS Unk to Change operales uTrJer a set of Core values: resp8Ct. a non.1￿ approach, compassion, indusNen8ss and regard lor the Unrted Nations AwJhts of the CNld and the Human R wJhts Acl. As a ¢hanty we operaie a ffjflgCti¥e Pf*#icé, are proa(*vè and Aré raspon￿Ve to need. To advance the oduc4ts'on; pres•p￿ and protect th• montal WKI physkal heallh and rdièva 81ckn888 and povoty of thlldren, young F•e and adult& The thanc8m￿t of education for th8 public banefft in thè issues ￿rrOU￿J1r￿j ehlldren arKI young peoFA8. their families and carers, in r8spect of chikl ewoitation, substance misuse arKI soeid exdusion in r8spons8 10 the n88ds FnS8nl8d by the loc￿ txjrnmunldos In Bedf￿￿k￿re and wrrounding ￿unti0$. Our v181on h of a workl vknore everyone can Ivo frne from ax[4￿￿tion. Llnk to Change Ss ¢omrnlited to tho gxperts In thlld exploitatth, th￿t exwrjence to advocale arKI supwrt ¢trwnge. Insplring and enablng po8tbve ¢*awe. grtr*th arKI selt-worth for all chlldren arKI young people. Ha￿ng a ￿mMItynant to yourwj peo￿9.& partkapatlw arnl kNo1ven￿ In 80Thica design, govgrnanL¥ and r8vlvw. Bulldlng engaging and trusted rela1b￿h￿s chlkjren. youry Fe(*, famllie8, prolessionds armj the communitres in whK* they live within. P￿￿dIng a hollstic and dynamic trauma-lnformed support serkn around exploltation. Belng proactive wlth chlhjron a*KI youNJ paoplo in preventh)n as the bost fonn ol protectlon against exploitthn. Llnk to Change Truslees, report For the year ended 31 March 2024 The Unk lo Chang• Valws arn.. Irdusivlty. We bellove that surA¥ors of 8XPk)fthlion 8houkl b• sukyirted and ha*• ess to appioprfate seThlcès. 88neficaaries are heart of everything wo cb). Quality- We kyomde an effective, reliatde, and high-qualty seryice to chiktrgn. young poople, their farnilies. tho communty and profesgonals to $upport them. ChallerKJln* We athocat8 for and wlth chlklren arKI youw peopb and challengo other prOfes￿OnalS to creale posttfv8 change. T1u8tr•￿rthy. W8 ar6 (xJnMenl in Iwr o)mmilment and Grethbllty to d8llver on what we say we are golrKJ to do. DedScafjon. We are comilled to our chthtron and >wng through provkling opor ended and ￿nInuouS sL4)porL Knowlei%Je. We are dedrAted to contlnually tjulkl w)on our knNl8dge and exfv In the field of ¢hiklren. young p8opl6 and exploltation. Safety. We creata a to safeguard ar#Y everyone from ewotstlon. Publlc Bonaflt Tho Tru$to0$ of knnk lo Change due rogafd to the Charlty C￿nmISs￿n's pthk b8neflt guthncg to meet their18gal ot4YJalions under the CharitiOS A Chlld Exploitaion can have a devaslating impact on the s{￿al Intsgratlon, economic wall-belNJ 8JK Ilfe chances ol yourKJ PaLylg. Dlfficuttigs faced by vlctlms ol child expk)itatlon includ8 i$olall¢m tr￿n family and frierKts, tggnage parenthooj. Idllng examinations or droppir¥J (xrt ol 8￿catIon allogethar. unèmployment, mentl healih problems. Su￿￿￿0 attampts, a1￿h01 arnl drug adolctbn. aggr8sslve beha¥iour and ¢rimlnal CNkl ExploitatlM has a prolourKIty damaglng eflect on families and communilies RaForts from the Office of the Chlldr8n's Comm18slongr and18acHw academlc In8ttbJtlons Inlorni u8 that there18 sbll much work lo be dona. The Trustees belleve that the conlrflxrtion that Li￿[ to Change makes lo improvSrKJ the wbllc knowledge ol child explotklon arKI the SUPPOrt that it offers tt) the wcbms of Ihis larrible c¥ime is of public benefit. Llnk to Change Trustees, report For the year ended 31 March 2024 ACHIEVEIIEKf AND PERFORIAANCE Fundlng Sueces The Tru8te8s extend their graleful thanks to al our fundern who are Ist8d wlthin thg report and the flnandal statement and lo our dorm who have contributed, often witlx)ut publ￿lty, enabling u5 to 8xparKI ser4fjcth and reach more ctruklron and young pe(We. 2023-24 saw Link to Chanp recalvad unrastrlthd lurKlrvJ from both nabonal arKI kncal grants, Irusts and foundati￿9 to SUFWrt our coro FThi8ion. The68 fu￿10rS Incbjded: Paul Hamlyn Foundation UK Youth Lloyds FO￿n￿alk)n Gaffjeld Weston Foundation Swlre CharitatA& Tnjst xamtrèe Tn￿t Lealhersellers, Fourthllon Ch•rltabh DonatJon• •nd AMl•t•n Thank you lo all In the communlty that have SUPFQrt8d knnk to Change through donations in klrKI arKI fundraising activTrile8. In addlbon lo this we woukl Ilka to thank th8 ￿MmUnty and beal bu81n8sw for their suwvjrt In the summer pathd lutxh prol& thè Chri$tma8 gift appeal arKI donallons of easter egg8. Wè would gspedally Ilke lo offer our 8lnceAe8t thank y(xJ agaln to Puzzle Techr￿ who annually provkle our IT technlcal suFport Iwond th8lr (x)ntrathal agr8emonL Partn•r•hlp WO￿1￿ We have ￿111 UFW)n arKI streng1t￿l￿d I￿r parts￿rShIpS wth locd aUt￿￿ty aThJ pofic8 wlthln Bedfordshlre. We att6nd all the vttsl partnership and strategic meettrgs *lthin the (￿nty, ensurlng we have Ihe ￿levant tools and knowtedge for effective and p)silive service delivery, worldng wlthln a conlexbjal saleguardFNJ framv*ork. We have strong partnersNp6 wlth s(*￿& In our geogr￿0¢ areas. dolwrlng prwentatlvo arKI educational Work. HelplrYJ youw Fwle at risk of or experienclng chikl expbtfalion to remaln In touch wtth Ihelr educatlon and athieve Iwr FKItenlN￿. d8¥rt8 tho ham$ cauwj. We conlnued to bulld yin our rth¥ rolation8hips and paitriers ￿￿thIn the ￿)Unty wlth voluntary serv1￿. especl&ty our dear In'endg at FACES Bedford. We have crealed new partnershlps to bulld uwn the fulure ol Unk lo CharMp and creats188llng change wlthln the courity ar•J further. Llnk to Change Trustees, report For Ihe year ended 31 March 2024 Our S•rvlc•g Unk to ChAnge conlinu&l to Fxovide a contexlual serylce to supwt cNklr8n aNI yourKJ pa￿0 w arg at ri8k of crf experier￿1n9 exploitalrm. The sar¥lce an(x)mpass6d all areas of supporting children and young people. spe¢ifi¢atly t￿lored to INIWual n8&1 and oxperience. ¢)rfer the cour 012023-24, we provided the foll(￿ing setvices to over 1,000 chlklren arKI young p8ople who have 8XP8rienc8d or been at rl* ol chlkl explthkn: Intensiv8 lontrtern 1-2-1 suFyJrt Earty4ntgP4enlion 1.2-18(%knkTh I0￿890d SUFVOrt Yijuth particapation Co.produced preventallve In a I>)Mn￿nty or sthod setttrKJ. Targeted groupwork Fxogrammes Outreach drop4n 8esskJns We addttbnally d8llv8r8d ather $8Nk*s, IndutlNJ.' Protes8lonai CPD a(*%&lited training Prev8ntlon awareness rwslng workshops to pfir￿ts aThJ carer8. Con8uttailon. research arKI social aclion W9 continued to dellver on our Stratsgy into Actron 2023-24, ￿lId1r¥ upon our three maFn 8eNlce provi￿On6 under the (Sjmalns of Cholce. Ch￿Ien￿ and Charye. We h* young pecylg make an Informed chol￿ by r￿SInG awareness. 8ducatirKJ and develw'ng crilic&l thIn￿ng skllb that enable thgm lo make inlomied declslons atwJUt Ih8ir r8lationships and wevent their exploilation. We Cho11ong• the cycle of expl¢italion: by providing kn￿terM support to build the wellbeing and resilience of young peoplo who have suff8red expk)ilation. We ch￿ge the lives of young people v•ho have been exploited. relurniw p(Mer to Ihem by wo￿n9 witti and supporting th8m to re￿￿11d their sens8 018811, héal from the abuse they have Suffered and u&e th8Sr 8yrf8n¢8 trj 8UPPOrt others and mak8 charwJ&. We have been excited lo build upon our eaty4nlervention Chore seNicas across the whol8 01 Badfo￿8h1re receiving furKling from the Frank Branslon Charitatle Trusl and the cononued support from th8 Char188 Ha>ward Fourmjatlon. r Challènge serrf1￿ ￿ntIr￿ed to grrw arKI strorW8n to supFx)rt IlThe Increa8ed compièxlty and no#ds. Th080 projects recaved fuThJing from: Na￿Onal Lottery Community Fu￿1 Lulon YoLrth Fund LLrton Gilizen Fund The Harpur Trust Children in Need The Plbgrfm8 Trust The Mdence and ExK*xtalion AedLKIm￿ Uril Llnk to Change Trust8os' report For Ihe year ended 31 March 2024 Our S•rvlc•s (corrtlnu•d) Our Cha￿8 Strar￿ saw the further work arKI dgvek¥xThnt of our PartSclpakn Group. provldlng empowermenl and pth'clpalon to yourKJ people after a If6 of ey¥AoitatvM. We woukl like to gr¥9 our thanks to 011 the children arKI youro people who have VKJrked with us. 8sp8claly our parllchpaJon members who hav8 b8en Instrumental in enhanung chang8 and prof866ional$' r8sponses to child exploitation. This year lh6 partkwb'on group has ￿ntinU￿1 to work wlth our team to a￿se and devekp the chartty. C*Jr partclpatlon group has had an artivo volc8 In the gov8manc8 arky operations of the charity and recwttm8nt InteNiM. In addition to thls. the parbcwtson grijup has a5slsled Bedfothlre Police a￿1 tho Locai AulI￿ritIeS wlth a variety of different consultallons, providirKJ an ins￿ht into their experiences and vlewpoints. Their contribution$ have been Ffvotal in en5urirKJ our beneficiaries arè at th8 heart of the work we deliver. ensuring c*ildren arKI young people ¢an Ive haww and healthier lives free Irom chlkl axpk)itation. FWANCIAL REVIEW Fknanclal Po•ltlon Tho finandal gtatwnents for the year eNJgd 31 March 2W thal the thorlty roc￿Ved Income of £363.668 {2023.' £470,501) and lTh%rred oxwnd￿U1o 01 £386,268 (2073 . £432.242). Th18 wa8 In Ilna with eXP￿ttOn Unrestrlctad r8serv8s at the year4nd are £2TI.047 (2023". £294,754) and reslrlcted reserves are £169,00212023: £173,895). Free reserves are £274,704 whlch is suffid8nt to meet eslmaled costs of wir*Jlng up th8 (1)arfty should fvrther funds are nol secured kn IIDe vlth our curr8nl polw. No lax has been levied any ol the organlsatbr￿c(wTp￿W'j actlvlUe8. The Trustses conslder the lundNJ levels c¢Jmmllled to by fund9rs to be ￿(Wate for tr fortfooming ￿e1ve months but recognise the on-wlng lor LY)th athlitiond and re￿a￿ment fundlng lo be secured. The Twstees also recognise the need to dlverslfy furKling sourc88 away from the purely philanthroplc and a￿ confid8nl that addtlional fur#Jkng can be secured and that tho income generallon 8lrategy is strorwJ. Llnk to Chanoe recognlses the Imwrtarth of fulfllllNJ Its rewlar financlal cunmllments ar therefore the level ot reserve8 required must allow lor th8s8 Ca)mmltm8nts. ￿nk to Change VAII hold resep488 of tha ewN8Jent ol one y*s unres1rthd obl￿allonS lo allow for any matters ari81r¥J in compdfjon ol our ofllc8 promises. Al•k M•nAgm The tnJsts8s hav? con￿der*￿ ar*J reVIv￿ed the major risk lo whlch charfty is expo￿ and have Implemenled systems to monltor arxj as r￿￿ary address these dsks. EffENDED THANK YOU Thls year we have wel￿m￿l highly experfe￿ed wnployees to jtyn the dfjl￿ry. management, arKI supwt ieam. Vle Wa￿lY thank all our passionate arKI committed empbyees are always wlllirKJ to 'go the extra mlk, to ensure that our beneficiaries r8cet¥e a qualty pro14i8ion. Llnk to Change Trustees, report For the year ended 31 March 2024 STrIICTURE, QOVERNANCE AND MANAoHEHr Gov•rning Do¢wn•nt The Company 0￿ra￿S under its m￿K￿uM and articl8$ of as8odallon datéd 1 Aprfl 2LX)3: amend8d on 8 JU￿ 2011. Charlty Constllutlon & lknnty•mont The charllable ￿%￿panY Is led by a board ol dlre¢tor8, are the truste86 and form the coundl of rnanagomenl of the company. TNste8s ÈTr eo*itéd to thè Board with tho agrnement of the DlrKtOfS and are elected al the annual general meeting. Each Truslee has an area of interest arKI works dosely with staff to dovglop arKI rn￿ntaIn th080 aclivltie& The Tw$lees approve Ihe strategic plan. Ihe ￿SIr￿ ￿an and monrtor thelr Impl8mentatk*n. Perfodicalty the Trug1088 approvo rovlwA of the charitrfs wltdes and ￿o￿lureS under tho guidance of the CEO. The Board of Dlrrtirs se8ks to en8uro that tho no￿ of all user groups are relletsy throLvJh th• dfversity of skllls represented by thg Board. Through open atrrferti$itvJ, now mombors wllh approprfate 81dlls are recrurtod a￿1 ctrcOod to the Bowd. All Trustees are lamlllar Ylth the pra6Xkal worf( of the charlty. members are iThSJcled by th& CEO and the Chalr and are encouraged to Swnd time 7Mth operational ampbyaès. Each Trusta81s provKJe(I wlth a pad( covering.. Obligations of the Board of Dir6ct¢xs Chatys PfAld88 and Procedureg Resourdw and wrrent financlal po*1k￿. Future plans owoclfves REFERENCE AND ADMi4isfRATIVE DETAILS Reg18tered Company Numbar. 04749130 (EwlarKI and Wales) Reglslerad Chadty Numb8r: 1098452 Reglslered (Mca: 40 Mill Street MK40 3HD Thls R8P)rt has been prepared in a￿￿rdance with the vial provisi￿ of part 15 ot the Companles Act 2LTh relating to Sm￿1 ￿￿PanieS. Approvad by the Boord of Trustees on 12/12/2029 and soned on th•r behaN by Mg Felii?ty Mallam Tru•w (Cholr) Independent Examlnerfs Report to the Trustee8 of Llnk to Change I report to the tharity trustea8 on my examinalK￿ ol the a(x)Junts ol Ihe company lor the year ended 31 Marth 2024 which are sel oul on pages 9 to 20. Rosponsbllllles and bas18 ot report As the tharity truslees of the ￿rnPary {arKI akn Fts dFreLlors for Ihe purposes of company law) you are rgsponsble for the weparation of the alxounts in aLr0rd￿ wlth the requirements of the Companies Act 2006 (the 2006 Acr). Havlng satisfied mysell that Ihe acry)unts of company are not rnqulrod lo be audlted urKler Part 16 of tl 21)06 A￿ and are eligiile for indepthnl examination, I report In resF*Ct of my axamlnallon of your company'$ actxunts as carried out under 8ectiM 145 of tho Charltss Act 20111lhe 2011 kl.). In carrying out my eXamIna￿on I have followad the Dlrecuons gfven ty th8 Charrty Commission und8r 8ecllon 14515)(b) ol the 2011 A£t. Indopndent •XAmlnotr• •tat•iiwrt Slnc8 thè ehwtys gros6 in¢ othw matters in Mnrrttion with •xamlnation to which attenlion shoukl bo dray￿ In thts rgport In order to ￿able a proper underslar#JiThJ of the accounts to reached. Loulse Tunley FCA CTA DChA ICAEW. Chartered A￿￿￿ntant 19 Gohjlngton Road MK40 Date: 1211112024 Llnk to Change Stalement ol flnancial activltles (including Income and Expendlturn Account) For Ihe year ended 31 March 2024 2024 lthrn•trfct•d R••trfct•d Fund• Fund• 2023 Total Total Fund8 Donattons and leoa¢ies charitab￿ actsvities Inve8trnents 984 361,172 1.512 124.896 345,091 514 151.752 209,420 1￿12 Tol•l In¢om• 154.248 209,*20 363.868 470.501 Exp•ndllur• on: charftIb￿ t￿￿1￿ 216,978 169.290 386.268 432,242 Total •xp•ndiiur• 216.978 189,290 386,288 432,242 N•t In¢0 I￿730) 40,130 {22,6001 38,259 44023 {45,orJi N•1 mov•m•nt In fund• for th• y•w R•Co￿lI11t1On ot lund•: (17.707) {4,893) (22.800) 38.259 Told fuThJs brryJghl forward 294.754 173.895 468.649 430,A) Totsl lund• c•rrfod lorw•Td 277,047 169,002 446.049 468.649 Al opwallons aro conllnulng opwaoons. The noto8 on pages 1210 20 lorm part ol these finarKxd 8talements. Llnk to Change Balance sheet (Company number 4749130) As at 31 March 2024 2023 FJx•d ass•¢s: TaThJlble fixeAI a88at8 3,124 Totsl Ilx•d •186ts 3,124 Curr•nt •M•t•: Doblors Cash at bank and in harKI 10 4.915 450,104 5,516 467.443 455.019 472.959 Lknbllld••: Crethtors.. arn￿ants lalllry du• wrthln on• yo 11 111.313} ,434) N•1 ¢urr•nt ••••l• 443,708 485,525 Told ••Ml• kn•• ¢uTh•nt Il•bllll•• 468,649 Th• fund• ol th• ¢h•rtty". Unrestricte(i fund8 Restrkthi luThls 12 11 277,047 169.002 294,754 173,895 Tatsl dthy lund• 14 468,649 The r￿188 on pag88 12 to 20 form part of th880 financl81 #talem￿s. The company18 enlrtted lo exemfv ts audit uth Soction 477 01 th• C¢mpani•& *£t 2006 I￿ year arKl¢d 31 March 2024. Th8 mgmbar8 hav8 not reqthd th8 conyry to Obta￿ an aLKlIt of its Ilnarthl statements lor tho year erKlgd 31 March 2024 in accorda￿ Imth Section 476 of th8 Comp￿188 Act 2(*X. T1￿ Trust985 ackn¢mlgdgo IMr resFxThlkalll•J l(Y: lal 6Th8urlNJ thai the ¢oryany koy ro¢ord8 whkh corryty wlth Sxllon8 386 and 387 ot Companles Act 2006, and., Ibl preparing financial statements which ghe a true aThl fair view ol ts state ol affalrs of the company as al the end of each financial year and ol its profft or loss for each flnanclaf year In accordance wfth tho requkements of S￿IlDn5 394 and 395 and whkh othepwbe comF4y the requlrem8nts of the Companl A¢X 2006 relailng to flnarKlel statements. so far as Is aw)IK*•b8 lo the company. -10- Llnk to Change Balance sheet (contlnued) (Company number 4749130) As at 31 March 2024 The finwdal staiem6Ns have boon in accordm wlth the of Part 15 of thg Companios kt 2006 relality to small Th8 financial stat8m•nts w8ro ow0v￿1 trL*to08 ￿ 121121202 And s￿ned on thdr behail ty MB Fellclty MAll•m Th18tso (CWr) 11 Llnk to Change Notes to Ihe financial statsrnents For the year ended 31 March 2024 8lalulory Inlornmtlon Ur* to CharKJ8 L* a wrrfate coffyany. Imited by guarant8e. registered in England *ithin tha u￿ad Kjngdom. The companys reglstered nunts and reglstered offke a¢*Jress can be found on th Company Inf0mat￿ pag8. The financlal S￿ements are prgsented In starlng Is the luncllarHI currw ol the ￿fflpanY and rounded lo the nearest £ The slgnthcant x¢wnting arpmed In the kyeparthn ol th8se finandal stst6m8nts are 8•t out below. These pollo'as have consistanity applied 10 all yaar8 pYe5eniod unl958 oth8rwlse stat•d. 11 ACC￿ntI￿ convonllon Th• lInand￿ 8tatsm8nts havo boon Fryiar•d on a golng ¢crt•m ba￿6 under tho hlsbrfcal eo8t ¢onv8nUon vAth Items re¢ognlsed at CO￿ (* transa¢Uon value un1868 oth*wls8 Stated In ts rel8vant notè to the#• a¢￿un￿. Th• ¢hwlty ¢onstltut81 a puk* b•nofft antlty u d¢finod by FRS 102. The financlLI statemerrts have been prepared In accordance wlth Accountsng and Rep)rting by Charitl88'. Stal8m8nl ol Recomm8Tr1&l Praclke 8rvllcabl8 lo charitF63 W8parlrvJ thdr accounts In 2eeordaru wlth the FIna￿{al ReF*Jfjng Starthrd applcabl8 In the UK and Republk of IreLqnd IFRS 102) leffectNe 1 January 20191- (Charitios SORP IFRS 1021). th• Financlal Roporting Slandard Ikabh in the UK and of Ir•larKI (FRS 1021 aThl the Compani•s kt 2006. The Trn8tees conshder th￿ th8re are malerfal uncertalnues ab)ut Ihe charSty's abllKy to conllnug as B golng corum nor ary *nffunt areas ol uncertalnty that aff￿t thè carylry value of assots h0bJ by th¢ ¢harity. Tho trusl88s C￿skI8r the Charity to bo a goir¥a conwn duo lo the ¢urrent18vel of resarv86 and ary addibonal irwm• whlch may b• 8our¢ed throughout tho forthwnlng y¢ar. 22 InMmo •nd •ndowmw All Income 1$ rwnis•d once chwity enlrtlement to the IrKX)m•,11 Is probablg that the I￿orn0 wlll be reoelvgd and the am(ytht ol ts Incomg rec•k4+abkn can be mea8ur￿l r8llably. 23 l>•blor• Debtor8 arg amounts OJ8 from sep￿0$ In the ordlnary cwrse ol bu$lnes8. Ca•h and ea•h •qulval Cash and cash equlvalgnls conykn txsh In hand arKI eal doposits, t￿thor wth 01￿￿r Short lem hlohty liquid investments thal I￿ readily cmrtible into a knovm ol cash arKI are Su￿¢¢t to an insvJr¥fwrt risk ol charw in value. -12- Llnk lo Change Notes to the flnanclal ststements For the year ended 31 March 2024 AcMuntlnq pollcl•s (contlnu•d) 2A Alocallon ol co•ts Costs are alocatod over dlreLt charflable expondltstto arwj managomont and administratron on tho basls of time spent or by thè wrposè ol the experxliture. Liakxliti8s ar8 racxwnisod on an accruals basis in the pwknd to whkh r81818. Govemanca eosts ar• th0￿ c¢)sts aSsoc[￿ad wmh malrrtdnlng the ol th• Chartty QFPO8Od to the marwm8nt ol the charlty'8 actlv61588. 17 FJx•d a•*•ts •rbd d•w•elatlon 460ts are deweclalwj at rat8S lh8 Tnth consmkn w511 wrllo du*n ts as80ts over Ihfr perfod of tholr u8aful ecorM)mic IN88. Tha rat88 U8od aro a6 lolbws: Computor Inv08trnents are hgld In the lorm ol ehorfty ac￿￿nts ¥Ath a or bulldlng loc￿ ar￿ ar• rwnlsed at tho amount hekl In the a¢count ai tho balanco sheet dale. Any Intere8t recefved Irom the r£count L8 IncI￿1•d in inve8trn*rt kKomo ￿ a roc•vab￿ basb. 19 PthMlon• oth•r p0•1￿￿￿￿n•nt obllg•tlon• The charit￿• conwny Lyerates a de￿ned Con1rt￿On F*nsw)n sch•no. Contribufjon8 payabb to the chartt2J)le company'j pgnyon scheme are ¢harg&l to fv Statem8nt of Financid ActNitw in tha PgrilKI lo which they relate. P8nslDn costs ar• albXa￿ ￿￿leen eKlJvlfjeB aTrJ lund8 on the same ba818 a8 any other Salary costs. 2.10 Fund aeeounung urn$t￿￿ed IrKOff￿ funds ar• g•n•rnl furKls that aro avallable for use at th& Tru$tee8' dt8¢retton In furfh8ra￿e of Iho oblo¢Vvos of charlty. Reslrkled Irwme lund8 arg thosg dorAted fly ￿ In a part￿lar area or for a sp￿￿¢ pury)08e. thg of which is restrlcted lo that araa ot purrA)se. R•stri¢lons artse when spgcmed by th8 donor or when funds are raisad for partKutar reslrthd purposes. Further explanalton ￿ the naturo wrpo* of 8&h I￿￿1 Is thluded h the rths to the flnan¢ial $latoments, 13- Llnk to Change Noles to the financial ststements For the year ended 31 March 2024 Crhlcal accounllng hKlqwn•nts and k•y sourc•8 Ot ￿tImatIOn uncortalnty In the applicalion ol the charity* accoU￿n9 ￿￿1r￿e8. tha tNst8ts ar• willrrfl to make judgemènts, 8stimates arKI assumplions atrx)ut the carrylThJ amount of assets and liabiliti8S that ar6 not readlly apparerrt from other sources. Th8 eslmates and aG￿lated assumkknns are basad on hl8torlcal exp¢rlenco arKI olhw lactots that aro ￿nsk1&re0 lo bo reWant. Actu￿ resutts may dllfer from th068 68timatO8. The eslmates and undetylng a8sumty.ons are on an onwro bas¢s. R8wsion8 to accounting 98llmot98 ar8 rec¢JgnE89d In the pgriod in the esOmate18 r8vi88d wtr￿ the rov181on onty affacts that p￿￿, or in the periLyJ ol revlslon arKI firturo P￿￿d5 whor• th8 revlskn affects both curront and ture p￿￿8. In the oplnbn of tho trL*te68 thw• arn (¥ltkal l•ments or e8tlmatk)n urMxtalntl83 whhln thg chwlty. The Statement of FinancAal Actl4th188 lor the yw •￿d 31 MarGh 2￿ 1$ preserrtod lor Illustratlvè purws88. 2023 Fund• Fund• Donatlons ar￿ legade8 Charttablo activiti08 124.896 124,896 345,091 345,091 514 514 Total In￿m• 125.410 345.091 470.501 Expendllur• on: Charltabla actMU•• 211,271 220.971 432,242 Total •XPWMIIIurn 211.271 220.971 432,242 Not Incom• {85.861) 124,120 38.259 89.910 {89,9101 N•1 mov•wt In funds lor th• y••r 11oconclllailon of fund•: 4.049 34210 38,259 Told lundg bwht forward 2￿.705 139.885 430,390 294,754 173.895 468.849 -14- Llnk to Change Noles to the financial slatsments For the year ended 31 March 2024 knvemmerf Incom• Inleresl r￿e￿labl9 on bar* deposjts 1,512 514 1,512 514 Analy•l• ol exp￿dIlUr• on d￿rtIabl• xthilll•• Unmtrt¢t•d R•#irlct•d Tot•1 Reslrlcted costs Staff co$ts Other staff costs Depreclalon Rent and rat Ulillties Tolephono and rr Insurance Office costs Subscripth3n* ProfessIon￿ 18•8 A￿)UntanCY fo Bank charg88 Sundry oxpon808 21,121 21,121 148,169 311352 164.183 781 21431 2,669 6,380 3.469 2,187 3.743 6.922 1859 781 22.431 2.187 3,743 375 375 216.978 1 $9.290 386.268 Re￿nGtod co8ts Staff costs Other staff co•ts D•w8clation Rent ar￿ fate8 Uldit Telephone and rr Insufan¢e 75261 75.261 145,710 ￿3.887 157,977 1,042 25.931 25.931 2,409 4,413 3.128 2,870 3.049 4.413 3,128 2.870 3,049 subs￿ptk)ThI Professh?nal lees Accountancy fees Bank charge8 SurKlry expen888 7,977 7.977 211.271 220.971 432.242 15- Llnk to Change Not8S to the financlal ststemenl8 For the year ended 31 March 2024 Net (exp￿dItU￿￿nc0Mo lor th• ye Th1818 statod aftor tha￿n9. IrKle￿dfjnI Examinrf8 fee8 D8praciath)n Rent- land and bulldws 781 1.042 22000 22.800 Sdari Social Securtty co Pon8ion Costs 282,149 21.514 278,029 21,304 4,354 312,352 303,687 The Trustees are not remunernted for thèir WO￿ u TNsl••8 and thorolorg Ihere was no TrLL8t•O8' remunoralim pwd ￿rInG the year (2023: rwjnel. Durlng ts year no Tn￿1003 ware relmLwr8ed for exp8nso$12023: none). Th• av•ray numb•r ol •npbye•s duri￿ th• y•ar was 1212023: 111. The charSty c(wwklws Ils key per80nnd to eom* th8 Dlractor, Owatkns Martager arvj Servlce Many. The tolal emF4oymenl benefits In￿￿Ana employer p6n8ion (XJntribu￿nS ol the key management p8r80nMI woro £116,44212023: £104.033). No •mpbyea8 earn&J more than £60,0￿(2￿." Th)ne). 16- Llnk to Change Nol88 lo the financlal ststements For the year ended 31 March 2024 •qulpnwrtt Totsl Co Al 1 Iyll 2023 ttlc Al 31 March 2024 D•prncl•tlon Al 1 I)rll 2023 Charge for tho year 781 781 At 31 March 2024 35,687 35,687 31 March 2024 31 March 2023 3.124 3,124 10 tl•btor• Rent and rales Donatlon6 Other debtors 1,625 1,625 4,915 s￿18 11 Cr•dllor•: amounts lallkng duo wlthln on• y• 2024 Taxation and $o¢ial swity Trade ￿￿lItOrS knuals and defer￿d in¢omo Olher credilor8 12.YJ4 5,814 287 1921) 11.313 7.434 Included In accwats is an amourt in re8PXt of p8rnx>n Contr1)uti￿ of £nil out8taThllng at the yoar 8rKI. 17- Link to Change Notes to the financlal statsments For the year ended 31 March 2024 12 Unrwlrlct¢d lund8 B•lanee It trKomkng Re￿Ure 1 Aprll 2023 I•￿Ure•l Tw•n¥l•r• 31 m￿Ch 2024 Generat lund 294,754 154248 {216,978) 45.023 277.047 294.754 154248 {216.978} 277.047 13 R••trfct•d IwMI• 8*nc• •1 In¢omlng Res￿1¢6• 1 Awl 2W23 Balan￿ •t Trnn•l•r• 31 Mv¢h 2024 Panacea CT Harwr Trust #SEEN Chikfmn in Need Dodgen Chikjrgn In Need BYM VERU {Tr￿n1r￿j 221231 VEAU ffraining 231241 Luton Youth FurKI Ichoke Sha(lesl Mulb'.lundod, InC￿d￿￿ Lulon Youih Fund & Charb8 Hayward (Choice Pro1￿ 36.985 OPCC Challeroe 2,199 Bedford Youth Furnl (Chdce Reknadl Natlonal Lottory". ChalleThJ6 Switch Oemrating HaFw Days Chdleng8'. Evofva Leathgrsellers JubS18• Project EH (from Resol￿) 10.000 21.551 (3,3591 {27,914) (28,424) {8.428) 11207) {1,638) {2,328} (70SI 5,334 13,674 21,675 30,750 21.978 12.845 (3,7501 15.OCK) {15.OLYJI 15,0 {18,383) {45,023) 169.002 Th8 Lulon YoLrth FurKI {ClxJlc8 Robad) wa8 atthe year ofKI whi(* Ylll b8 covered ty lundi In a luture pOrK￿. Varlou8 transforn between knds ¥Rr• made as a result ol fufKlir¥J bging rewr￿8￿1 or to rofknth the r￿0V￿y ol from r8slrf¢ted fundiTrJ. 18- Link to Change Notos to the flnanclal ststements For the year ended 31 March 2024 13 Re￿rf¢ted fund• (eontiw•d) The foknrfn9 roStrKt6d funds were In op8rath)n ￿ring year. N•m• of IWKI N•tUrni purpo•• d••crfpUon af fund Harpur Trust #SEEN Supp)￿r￿j lamdi88 facirwj ewoitation in partnership with FACES OPCC Chaniing FACES Supp(￿ing famMi•s •XKAollatlon In partnor8hlP vlth FACES Chlldren kn Negd t)odgom8 8w arKI young project for 1fy18 year8 okl VERU {Sodal S￿14$ TI￿nIng> Targe￿ group work wojoct for10- 18 years okl Luton Youth Oller￿N¥￿ Ono to wort and group Thfjrf( with young P•QFAo Muth.furKlod. irKludlw Lulon Youth Fu￿1 Earty hob & Char￿5 Hayward OPCC Ch81or to W4VOrt Bedlonl Fund (Choke Relo Early he* In Bodford B￿gh VERU & OPCC IV8 Ok Holpli)o inforrnkn workshoF6 NatIOr￿ Lottery," Chall8ry Swllch Exploltallon 8gThko8 D8¢oratlng malntenu Happy Day8 Trfpj and acttvNI Luton TREE BB Tree UK Thrmng MlrMY$ M￿tal haamh dtrnloF¥Mnt wovts6on8 Chdloftgo: Evofvè L8lhw8dlors Jubllge TrnwMrvJ dwelopmwt Further dewfs about tho actMbe8 In ralab'on tt) ts at#)ve luThts are containthy in the Truste86 Raport. 19- Llnk to Change Notes to the financial statements For the year ended 31 March 2024 14 Not a8gels held by fund• •t bAnl¢ & Tgt•l Genoral lur Re*rkted furKI 281,102 169.￿2 4.915 (11.313> 277,047 169.C#J2 450.104 4,915 (11B13) 446.049 C••h •t b•nk & x•d Total General fund Restrfct8d fund 3.124 5.516 (7.4341 294,754 1n,895 173,895 3.124 467.443 5.518 (7,434) 468,649 15 Flnanclal commltm•nt• At 31 March 2024 the charity had total outstandlng ¢ommltrr*rt8 for fubJre mlnlmum l•a6e paym•nts undèr Tr)nun¢eliable cyoraYrvJ leases ￿ foibws: Land and buikllryslother leasu.. virthln one year Beiween 2 and 5 yearn over 5 yoar8 23,340 22,800 52,920 5.700 Tolat lu￿re minThum lease paymnts 76.2 28,SlYJ Thwe are no caw mmmlim8ntsl2￿￿. £nl). 16 Contlngent lknblllt Thero are rn contlThJwrt liablitw at th8 year end120ZJ: £nil). 17 Relat•d pty tran••d(w Th•re no related party transactions durirKJ ts yoar12023: nong).