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← Storybook Dads

2023-12-31-accounts

Charity number:1101208

STORYBOOK DADS UNAUDITED TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

StorybexkD Dads

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CONTENTS

OT
Page
Referenceandadministrative detailsoftheCharity, itsTrusteesandadvisers 4
2-4
Trustees’ report
Trustees' responsibilitiesstatement		 5
6-7
Independentexaminer's report 8
Statement offinancial activities 9
Balance sheet 10-28
Notestothefinancialstatements

STORYBOOK DADS

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2023

A Hearl
S Henley
T Bailey
H Frank
G Hine-Haycock (deceased 29 June 2023)
Charity registered
number 1101208
Principal office HMP Dartmoor
Tavistock Rd
Princetown
Yelverton
Devon
PL20 6RR
Senior Management S Berry, Chief Executive
Team K Wroath, Projects Manager
T Berry, Accounts andAdmin Manager
Independent Examiner — Griffin ,
Chartered Accountants
165 High Street
Honiton
EX141LQ

Page 1

STORYBOOK DADS

a a TRUSTEES' REPORT ' FOR THE YEAR ENDED 31 DECEMBER 2023

The Trustees present their annual report together with the financial statements of the Charity for the 2023 to 31 December 2023.

1 January

Objectives and activities

a. Policies and objectives

The objects of the charity are to improve education, wellbeing and family ties for prisoners and their children through the provision the opportunities for prisoners to record bedtime stories and other gifts for their children.

The Trustees are satisfied that the charity's objects meet the meet the public benefit purpose of education. The Trustees confirm that they have taken into account the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)’.

Achievements and performance

a. Review of activities

In many prisons, officer and civilian staff shortages continue to be a problem which had a knock-on effect on their ability to facilitate Storybook Dads/Mums. So, although our prison member numbers continue to improve, the number of participants is still not back up to pre COVID numbers.

In 2023, the number of prisons taking part, increased from 89 (in 2022) to 95.

We produced 3,582 CD/DVDs and 1187 other projects including challenge charts, height charts, photo frames, Swaps packs and Christmas baubles and cards. This gives a total of 4769 gifts (2022: 4,615).

Storybook Dads App

We continued to work with a developer to create a web-based App, which will enable families to stream audio and video stories from phones, tablets, laptops etc. There were some complications with security, but the app will be ready for testing in early 2024 with an expected launch date in March 2024.

Relocating

We moved our editing suite back to HMP Dartmoor in January. We recruited three new staff members and twelve prisoner-editors, and spent the next few months training them, and bedding-in to our new premises. During this time, the staff and home-editors continued to edit from home. The editing suite was ‘open for business’ in mid-March.

Birthday

2023 was a milestone for us, marking the 20-year anniversary of Storybook Dads becoming a registered charity. In August, we held a birthday party celebration at HMP Dartmoor to mark the event and thank all the people who have been a part of our journey. We invited coordinators from other prisons, funders and representatives of other organisations including the Shannon Trust, the CSJ and the Prison Reform Trust. We were delighted that so many supporters were able to attend. Claudia Sturt - the Governor of HMP Dartmoor in 2003, who helped us immeasurably in our formative years - attended and gave a passionate and emotive speech about our work. Our Patron, Terry Waite, also attended and spoke beautifully about the effects of kindness and compassion during imprisonment.

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STORYBOOK DADS

Beee oe ey TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

Achievements and performance (continued)

A sad goodbye

We were deeply saddened to hear of the passing of Gerald Hine-Haycock, in June. A former BBC broadcaster and journalist, we first met Gerald when he became interested in our project while serving as a member of the IMB at HMP Channings Wood. We subsequently received an award from him in 2020 when he became the High Sheriff of Devon. He later became one of our Trustees and was a keen and dedicated supporter of our work. His wisdom and kindness will be greatly missed.

Funding

Over £48,000 was received from public donations in total. As well as grants totalling £124,377, we received £65,110 in donations from other trusts, major donors and corporate donors. Along with prison membership fees we have sufficient funding for most of 2024.

Financial review

a. Going concern

The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. Storybook Dads has never received a significant part of its income from public donations, so the financial crisis caused by Covid-19 has not had a negative effect on our finances thankfully. We have commenced fundraising for 2024 and beyond.

Our bank balance at 31st December 2023 was £190,355 Expected income for 2024 is £162,980 Expenditure forecast 2024 is £235,418

b. Reserves policy

The trustees aim to maintain free reserves at a level which equates to approximately 6 months of unrestricted expenditure. At 31 December 2023 the charity had free reserves of £259,963 which is over a years worth of running costs. We will endeavour to achieve the recommended reserves by end of year 2024. Excess reserves will be invested in line with the Trustees Report.

c. Financial review

The charity achieved a net surplus for the year ended 31 December 2023 of £111,543 (2022: deficit of £9,174).

The balance held on unrestricted funds at 31 December 2023 was £257,620 (2022: £231,799).

The balance held in restricted funds at the year-end was £85,722 (2022: ENil).

Structure, governance and management

a. Constitution

Storybook Dads is a registered charity, number 1101208. The charity's governing instrument is its Constitution adopted on 26 August 1993, as amended on 4 November 2003, 26 August 2008 and 19 January 2009.

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TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

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Structure, governance and management (continued)

b. Methods of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.

Approved by order of the members of the board of Trustees on 19 March 2024 and signed on their behalf by:

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A Hearl Trustee

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STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2023

The Trustees are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees on 19 March 2024 and signed on its behalf by:

A Hearl Trustee

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INDEPENDENT EXAMINER'S REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

Independent examiner's report to the Trustees of Storybook Dads (‘the Charity’)

| report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2023.

Responsibilities and basis of report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).

| report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. | confirm that | am qualified to undertake the examination because | am a member of ICAEW, which is one of the listed bodies.

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

| understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

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STORYBOOK DADS

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INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

TEee

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that | might state to the Charity's Trustees those matters | am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report. Signed: Z2 __ Dated: 26 March 2024

Laura Waycott FCA

Griffin

Chartered Accountants Courtenay House Pynes Hill Exeter EX2 5AZ

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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

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||||||||| |---|---|---|---|---|---|---|---| |nL| |Restricted|Unrestricted|Total|Total| |funds|funds|funds|funds| |2023|2023|2023|2022| |Note|£|J|£|£| |Income|from:| |Donations|and|legacies|4|98,845|93,089|191,934|93,428| |Charitable|activities|5|22,000|104,786|126,786|88,561| |Investments|6|-|1,995|1,995|2,400| |Total|income|120,845|199,870|320,715|184,389| |Expenditure|on:| |Raising|funds|7|-|7,003|7,003|11,979| |Charitable|activities|8|35,123|171,412|206,535|169,740| |Total|expenditure|35,123|178,415|213,538|181,719| |Net|income|before|net|gains/(losses)| |on|investments|85,722|21,455|107,177|2,670| |Net gains/(losses)|on|investments|-|4,366|4,366|(11,844)| |Net movement|in|funds|85,722|25,821|111,543|(9,174)| |Reconciliation|of funds:| |Total|funds|brought forward|-|231,799|231,799|240,973| |Net|movement|in|funds|85,722|25,821|111,543|(9,174)| |Total|funds|carried forward|85,722|257,620|343,342|231,799|

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The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 10 to 28 form part of these financial statements.

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||||||| |---|---|---|---|---|---| |BALANCE|SHEET| |FOR THE YEAR ENDED|31|DECEMBER|2023| |gg| |Note|2023|2022| |£|£| |Fixed|assets| |Intangible|assets|12|39,534|-| |Tangible assets|13|3,250|2,982| |Investments|14|87,119|82,753| |Current|assets|129,903|85,735| |Debtors|15|33,691|4,241| |Cash|at bank and|in hand|190,355|176,439| |224,046|180,680| |Creditors:|amounts|falling|due|within|one| |year|16|(10,607)|(34,616)| |Net current assets|213,439|146,064| |Total assets|less current|liabilities|343,342|231,799| |Net assets excluding|pension|asset|343,342|231,799| |Total net assets|343,342|231,799| |Charity|funds| |Restricted funds|17|85,722|-| |Unrestricted|funds| |Designated|funds|17|85,000|60,000| |General funds|1|172,620|171,799| |Total|unrestricted funds|17|257,620|231,799| |Total funds|343,342|231,799|

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The financial statements were approved and authorised for issue by the Trustees on 19 March 2024 and signed on their behalf by:

A Hearl Trustee

The notes on pages 10 to 28 form part of these financial statements.

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STORYBOOK DADS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Ai. General information Storybook Dads is an unincorporated charity registered in England and Wales, registration number 4101208. The registered office is HMP Dartmoor, Tavistock Rd, Princetown, Yelverton, Devon, PL20 6RR.

2. Accounting policies

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair’ view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Storybook Dads 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.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

2.3 Income All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

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STORYBOOK DADS

SS a SS ey NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

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2. Accounting policies (continued)
2.4 Expenditure
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Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

Intangible assets costing £100 or more are capitalised and recognised when future economic benefits are probable, and the cost or value of the asset can be measured reliably. Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Amortisation is provided on intangible assets at rates calculated to write off the cost of each asset on a straight-line basis over its expected useful life. Amortisation is provided on the following basis: Computer software - 20% straight line 2.6 Tangible fixed assets and depreciation Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis: Office equipment - 25% straight line Computer equipment - 25% straight line

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STORYBOOK DADS

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ae NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

oo 2: Accounting policies (continued)

2.7 Investments

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of Financial Activities.

2.8 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.9 Cash at bank and in hand

Cash at bank and 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.

2.10 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.11 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.12 Pensions

The Charity operates a defined benefits pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year.

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STORYBOOK DADS

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

2. Accounting policies (continued)

2.13 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

3. Critical accounting estimates and areas of judgment

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

There are no critical accounting estimates or assumptions.

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STORYBOOK DADS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

4. Income from donations and legacies

Restricted Unrestricted Total
funds funds funds
2023 2023 2023
£ £ £
Donations from individuals 98,845 64,815 163,660
Donations from community groups - 8,961 8,961
Gift aid reclaimed - 19,313 19,313
98,845 93,089 191,934
Unrestricted Total
funds funds
2022 2022
£ £
Donations from individuals 73,908 73,908
Donations from community groups 14,049 14,049
Gift aid reclaimed 5,471 5,471
93,428 93,428

5. Income from charitable activities

Restricted Unrestricted Total
funds funds funds
2023 2023 2023
£ £ £
Grants 22,000 77,167 99,167
Membership fees - 27,600 27,600
Book sales - - -
Other sales - 19 19
22,000 104,786 126,786

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STORYBOOK DADS

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

5. Income from charitable activities (continued)

Restricted Unrestricted Total
funds funds funds
2022 2022 2022
£ £ £
Grants 46,500 25,033 71,533
Membership fees - 17,025 17,025
Book sales - 3 3
46,500 42,061 88,561

6. Investment income

Unrestricted Total
funds funds
2023 2023
£ £
Interest income 1,995 1,995
Unrestricted Total
funds funds
2022 2022
£ £
Interest income 2,400 2,400

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STORYBOOK DADS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

ihe Expenditure on raising funds

Fundraising trading expenses

Unrestricted Total
funds funds
2023 2023
£ £
Fundraising expenses 273 273
Marketing and promotion costs 1,287 1,287
Fundraising staff costs 5,443 5,443
7,003 7,003
Unrestricted Total
funds funds
2022 2022
£ £
Fundraising expenses 372 372
Marketing and promotion costs 971 971
Fundraising staff costs 10,636 10,636
11,979 11,979

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STORYBOOK DADS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

8. Analysis of expenditure by activities

Activities
undertaken
directly		 Support
costs		 Total
funds
2023 2023 2023
£ £ £
Storybook production 192,687 13,848 206,535
Activities
undertaken
directly		 Support
costs		 Total
funds
2022 2022 2022
£ £ £
Storybook production 159,267 10,473 169,740
Analysis of direct costs
Total
funds
2023 2023
£ £
Staff costs 151,318 151,318
Depreciation 12,400 12,400
Project delivery 28,969 28,969
192,687 192,687
Total
funds
2022 2022
£ £
Staff costs 129,421 129,421
Depreciation 2,760 2,760
Project delivery 27,086 27,086
159,267 159,267

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STORYBOOK DADS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

8. Analysis of expenditure by activities (continued)

Analysis of support costs

Total
funds
2023 2023
£ £
Accountancy & bookkeeping 483 483
Bank charges 110 110
Payroll expenses 604 604
Postage and delivery 787 787
Insurance 774 774
Travel 1135 1,135
Telephone and internet 929 929
Membership & subscriptions 501 501
Office expenses 2,159 2,159
Other costs 941 941
Professional fees 3,240 3,240
Governance costs 2,185 2,185
13,848 13,848

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STORYBOOK DADS

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Spree

  1. Analysis of expenditure by activities (continued)

Analysis of support costs (continued)

Total
funds
2022 2022
£ £
Accountancy & bookkeeping 428 428
Bank charges 107 107
Payroll expenses 547 547
Postage and delivery 662 662
Insurance 711 711
Travel 798 798
Telephone and internet 752 752
Membership & subscriptions 1,180 1,180
Office expenses 1,033 1,033
Othercosts 672 672
Professional fees 1,420 1,420
Governance costs 2,163 2,163
10,473 10,473

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

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9. Independent examiner's remuneration

The independent examiner's remuneration amounts to an independent examiner fee of £2,185 (2022 - £2,080).

10. Staff costs

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||||||||| |---|---|---|---|---|---|---|---| |2023|2022| |£|£| |Wages and|salaries|148,342|130,679| |Social|security costs|4,249|5,331| |Contribution|to|defined|contribution|pension|schemes|4,170|4,047| |156,761|140,057|

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The average number of persons employed by the Charity during the year was as follows:

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|||||| |---|---|---|---|---| |2023|2022| |No.|No.| |Average|number|of employees|11|8|

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No employee received remuneration amounting to more than £60,000 in either year.

The total employee benefits, including employers pension costs, of the key management personnel of the charity were £90,243 (2022: £78,447).

41. Trustees’ remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2022 - £NIL).

During the year ended 31 December 2023, no Trustee expenses have been incurred (2022 - £NIL).

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NOTES TO THE FINANCIAL STATEMENTS
FORTHE YEAR ENDED 31 DECEMBER 2023
Fr
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12. Intangible assets
Computer
software
£
Cost
Additions 49,417
At 31 December2023 49,417
Amortisation
Charge forthe year 9,883
At 31 December2023 9,883
Net book value
At 31 December2023 39,534
At31December2022 -

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

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13. Tangible fixed assets

Office
equipment		 Computer
equipment		 Total
£ £ £;
Cost or valuation
At 1 January2023 6,579 61,120 67,699
Additions 1,692 1,093 2,785
At 31 December2023 8,271 62,213 70,484
Depreciation
At 1 January2023 4,094 60,623 64,717
Charge forthe year 1,912 605 2,517
At 31 December 2023 6,006 61,228 67,234
Net book value
At 31 December2023 2,265 985 3,250
At31 December2022 2,485 497 2,982
14. Fixedassetinvestments
Listed
investments
£
Cost or valuation
At 1 January2023 82,753
Revaluations 4,366
At 31 December2023 87,119
Net book value
At 31 December2023 87,119
At31December2022 82,753

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STORYBOOK DADS

MG NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

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15. Debtors

2023 2022
£ £
Due within one year
Trade debtors 500 150
Prepaymentsand accrued income 33,191 4,091
33,691 4,241

16. Creditors: Amounts falling due within one year

2023 2022
£ £
Othertaxation and social security 2,718 2212
Othercreditors 704 597
Accruals and deferred income 7,185 31,747
10,607 34,616
2023 2022
£ £
Deferred income at 1 January2023 29,667 42,500
Resources deferred during the year 5,000 29,667
Amounts releasedfrom previous periods (29,667) (42,500)
5,000 29,667

At the balance sheet date the Charity was holding funds received in advance of £5,000 from the Tuxien Foundation.

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STORYBOOK DADS

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

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17. Statement of funds

Statement of funds - current year

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||||||||| |---|---|---|---|---|---|---|---| |Balance|at| |Balance|at|1|31| |January|Transfers|Gains/|December| |2023|Income|Expenditure|in/out|(Losses)|2023| |£|£|£|£|£|£| |Unrestricted| |funds| |Designated| |funds| |Project| |development|60,000|-|(60,000)|85,000|-|85,000| |General|funds| |General funds|171,799|199,870|(118,415)|(85,000)|4,366|172,620| |Total| |Unrestricted| |funds|231,799|199,870|(178,415)|-|4,366|257,620| |Restricted| |funds| |The|Brothers| |Trust|-|22,000|(22,000)|-|-|-| |Crucible| |Foundation|-|43,845|-|-|-|43,845| |Donation|for|new| |software|-|55,000|(13,123)|-|.|41,877| |-|120,845|(35,123)|-|-|85,722| |Total|of funds|231,799|320,715|(213,538)|-|4,366|343,342|

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STATEMENTS
31 DECEMBER 2023
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

————.— 17. Statement of funds (contin ued)

Designated Funds

Project development

£85,000 has been allocated for editing costs, including staff hours and the cost of the use of some staff hours to HMP Channings Wood which will also include costs for resources.

Restricted Funds

The Brothers Trust

£22,000 was received on 2023 and was all spent on home editor salaries, heaters for Dartmoor Prison and core funding.

Crucible Foundation

£43,845 was received in October 2023 to cover a shortfall in Staff salaries in 2024. As a result the whole balances is being carried forward into next year.

Donation for New Software An indivdual donated £55,000 for developing new Web, IOS and Android based software. The balance at 31 December 2023 represents the NBV of the asset and £2,343 of unspent funding carried forward.

Statement of funds- prior year

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Balance Balance at
1 at Sith
January Transfers Gains/ December
2022 Income Expenditure in/out (Losses) 2022
£ £ £ £ £ £
Unrestricted
funds
Designated
funds
Project
development - - - 60,000 - 60,000
Balance Balance at
7 at FS |
January Transfers Gains/ December
2022 Income Expenditure in/out (Losses) 2022
£ £ £ E £ £
General funds
General funds 222,853 137,889 (117,099) (60,000) (11,844) 171,799
Total
Unrestricted
funds 222,853 137,889 (117,099) - (11,844) 231,799
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eee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

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||||||||| |---|---|---|---|---|---|---|---| |417.|Statement|of funds|(continued)| |Balance|at| |Balance|at|31| |1 January|Transfers|Gains/|| December| |2022|Income|Expenditure|in/out|(Losses)|2022| |£|E|£|£|ra|E| |Restricted| |funds| |Big|Lottery| |Funding|18,120|-|(18,120)|-|-|-| |The|Brothers| |Trust|-|16,500|(16,500)|-|-|-| |Garfield Weston|-|30,000|(30,000)|-|-|-| |18,120|46,500|(64,620)|-|-|-| |Total|of funds|240,973|184,389|(181,719)|-|(11,844)|231,799|

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STORYBOOK DADS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

18. Summary of funds

Summary of funds - current year

Balance at 1 Balance at 1 Balance at
Designated January
2023
£		 Income
£		 Expenditure
£		 Transfers
in/out
E		 Gains/
(Losses)
£		 31
December
2023
£
funds
Generalfunds
Restrictedfunds		 60,000
171,799
-		 -
199,870
120,845		 (60,000)
(118,415)
(35,123)		 85,000
(85,000)
-		 -
4,366
»		 85,000
172,620
85,722
231,799 320,715 (213,538) - 4,366 343,342
Summary offunds -prioryear
Balance at Balance at
Designated 7
January
2022
£		 Income
£		 Expenditure
£		 Transfers
in/out
£		 Gains/
(Losses)
£		 37
December
2022
£
funds -
General
funds
Restricted funds		 222,853
18,120		 -
137,889
46,500		 -
(117,099)
(64,620)		 60,000
(60,000)
-		 -
(11,844)
-		 60,000
171,799
-
240,973 184,389 (181,719) - (11,844) 231,799

19. Analysis of net assets between funds

Analysis of net assets between funds - current year

Restricted
funds
2023		 Unrestricted
funds
2023		 Total
funds
2023
£ £ £
Tangible fixed assets
Intangible
fixedassets
Fixed asset investments		 -
39,534		 3,250
-		 3,250
39,534
Current
assets
Creditors due within one year		 -
46,188
-		 87,119
177,858
(10,607)		 87,119
224,046
(10,607)
Total 85,722 257,620 343,342

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

49. Analysis of net assets between funds (continued)

Analysis ofnetassetsbetweenfunds- prioryear Unrestricted
funds		 Total
funds
2022 2022
£ £
2,982 2,982
Tangible fixed assets 82,753 82,753
Fixed asset investments 180,680 180,680
Current assets
Creditorsduewithinoneyear		 (34,616) (34,616)
231,799 231,799

Total

  1. Pension commitments The Charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Charity in an independent administered fund. The pension cost charge represents contributions payable by the Charity to the fund and mounted to £4,170 (2022: £4,047). Contributions totalling £704 (2022: £597) were payable to the fund at the balance sheet date and are included in creditors.

21. Related party transactions

The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity as at 31 December 2023.

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