**Charity registration number 1102022** **Company registration number 04923990 (England and Wales)** ## **ONSIDE INDEPENDENT ADVOCACY** **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **ONSIDE INDEPENDENT ADVOCACY** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Trustees**|C A Chapman|| |---|---|---| ||J B Long|| ||J Gane|| ||N Kirk|| ||L Bugg|| ||Mr L J Heard|(Appointed 1 January 2024)| |**Chief Executive Officer**|Kate Harvey (to 1 February 2024)|| ||Alice Braddick (from 1 February 2024)|| |**Charity number**|1102022|| |**Company number**|04923990|| |**Principal address**|Williamson House|| ||14 Charles Street|| ||Worcester|| ||WR1 2AQ|| |**Registered office**|Williamson House|| ||14 Charles Street|| ||Worcester|| ||WR1 2AQ|| |**Auditor**|Kendall Wadley LLP|| ||Merevale House|| ||27 Sansome Walk|| ||Worcester|| ||WR1 1NU|| |**Bankers**|National Westminster Bank Plc|| ||1 The Cross|| ||Worcester|| ||WR1 3PR|| ||CAF Bank|| ||25 Kings Hill|| ||West Malling|| ||Kent|| ||ME19 4JQ|| ||Metro Bank PLC|| ||One Southampton Row|| ||London|| ||WC1B 5HA|| ## **ONSIDE INDEPENDENT ADVOCACY** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 5| |Statement of Trustees' responsibilities|6| |Independent auditor's report|7 - 9| |Statement of financial activities|10 - 11| |Balance sheet|12| |Statement of cash flows|13| |Notes to the financial statements|14 - 30| ## **ONSIDE INDEPENDENT ADVOCACY** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ The trustees present their annual report and financial statements for the year ended 31 March 2024. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's Memorandum and Articles of Association dated 7 October 2003, which was updated and approved at the AGM, 17 September 2014, the Companies Act 2006 and “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)" (as amended for accounting periods commencing from 1 January 2019). ## **Objectives and activities** ## **Charitable objectives** The objectives of the Charity are to promote the relief of people, who through disability or ill health are unable, without assistance, to obtain their full rights and privileges as citizens. ## **Key strategies** - Within a changing environment of reduced funding and cutbacks in services, maintain effective, high quality services provision. - Position the organisation as a thought leader in relation to its knowledge and expertise. - Explore opportunities for new and additional services that are compatible with our core skills. - Continue to develop commercial activities and social enterprise to generate unrestricted funds. - Continue to raise the profile of Onside to secure community sponsorship and support. - Provide a volunteer team resource that supports the needs of the organisation and the changing environment. ## **Aims and objectives for the year April 23 - March 24** The main objectives were: 1. Continue to develop Onside’s services, enabling the charity to offer its’ range of services for adults, families, and children more widely across Worcestershire, Herefordshire and wider geographical areas. 2. Effectively manage changes in Onside contracts and potential retendering processes. 3.Continue to engage with a variety of organisations to ensure Onside is represented at the appropriate strategic forums and partnerships, thereby ensuring Onside is recognised as the leading provider of services for vulnerable people facing unfairness, inequality and exclusion and has a voice in strategic developments across all sectors. 4. Continue to build Onside’s infrastructure and communication channels, including the CRM system and intranet, to ensure we are working effectively and efficiently and meeting the needs of all stakeholders. 5. Continue to develop opportunities within local communities to promote Onside services and work in partnership with other agencies further strengthening our links at a grassroots level. 6. Develop an Investment Policy to ensure effective use of reserves, following the decision to no longer invest at present in a property. 7. To further develop key frameworks and support mechanisms for the development and retention of our staff and volunteers. - 1 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **Public benefit compliance** The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'. ## **Investment powers** Under the Memorandum and Articles of Association, the trustees have the power to invest the funds of the charity as they think fit. The trustees, having regard to the liquidity requirements of operating the charity have maintained funds in an interest bearing bank reserve account. ## **Use of volunteers** In the year ending 31 March 2024, 150 volunteers (2023 - 150 volunteers) provided over 1,890 hours (2023 - 1,890 hours) of direct support to vulnerable and disadvantaged people. The charity recognises and values the enormous contribution made by volunteers and takes this opportunity to say how much their continuing support is appreciated. ## **Achievements and performance April 23 - March 24** 1. Throughout the year Onside has continued to develop and extend the scope of services. CMH (Community Mental Health) Services have expanded to include Peer Support, Housing Community Mental Health Link Workers, facilitation of the Managing Emotions Group, implementation of the CMH Administration Team. Children and Families Services have also expanded and enhanced the provision. Onside deliver a Family Coach role across the Wyre Forest which has also expanded into the Bromsgrove area. Onside have also been selected by the Department for health and Social Care to run an innovative new pilot service which aims to improve Children and Young People’s Mental Health via Hubs that are embedded into communities of Worcester, Wychavon, Malvern and Redditch. This key service supporting mental health and wellbeing will be complemented by the implementation of Wellbeing Works, another new service offered to 16-25 year olds where poor mental health is a barrier to education, employment and training. In addition work has begun with partners at Worcester Community Trust, supporting young people with managing positive mental health and wellbeing in areas of highest need in the city. A new community hub has opened and is attracting new people into our services in Evesham. The roles within the primary care networks are stable with additional services added to include the delivery of Moodmasters, Cuppa Social Club, a space for other partners to deliver services such as the Family Hub and Age UK. Onside Advocacy services have also been commissioned to work within inpatient mental health settings to conduct a piece of work to better undertake “patient experience”. This was initially a pilot project but has now been expanded to cover more wards and be ongoing. Onside successfully retendered for Parent Support Advocacy (PSA), The contracts for CMH Services (Community Mental Health) and Act On It have been extended without requiring retendering. Unfortunately, however this year the decision was made by public health to cease funding of both the loneliness and isolation service, PLUS (People Like Us) and the Lifestyle Advisor Service. - 2 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ 2. Onside takes an active role within the VCSE Alliance (Voluntary, Community and Social Enterprises) in collaboration with other local organisations. Onside ensures it has strategic representation in key forums across the County. 3. Onside have continued to expand and embed Oracle the new Intranet for the organisation, which is already improving communication across the organisation. Onside have appointed a Head of IT to lead the development of technological efficiencies and review of infrastructure. 4. Onside has had strong representation at both strategic and localised priority meetings, including district collaboratives and associated tasks groups. 5. The Trustees take an active role in considering investments. We have engaged the services of an external consultant, who has wide experience within the charitable sector, to act in an advisory capacity. 6. Onside have introduced a Quality Framework in order to improve consistency across the organisation. New procedures have been introduced leading to improved induction for all new staff. All service areas have reviewed and implemented procedures and processes ensuring consistent standards and expectations for service delivery. 7. The Trustees have successfully recruited a new CEO, ensuring continuity and minimal disruption to the organisation. ## **Financial review** During the year income exceeded expenditure by £1,229 (2023: income exceeded expenditure by £28,683) giving total fund balances at 31 March 2024 of £794,491 (2023: £793,262). This included restricted funds of £nil (2023: £1,331) and designated funds of £295,000 (2023: £390,000). ## **Reserves policy** The Trustees aim to hold sufficient reserves to cover the financial and operational risks of the charities’ activities. At the minimum, we will always hold sufficient reserves in realisable form to cover the statutory requirements in respect of redundancy payments to staff and contractual agreements, such as lease of premises. Our current level of free reserves is £427,001 (2023 £342,348.) Whilst this adequately covers the expended exposure on closure, the Trustees remain committed to continue to prudently manage our reserves in order to improve and develop services alongside providing further cover for the future risks and provide scope to explore new opportunities. The level of reserves is monitored regularly by the trustees and the reserves policy is reviewed annually alongside the budget preparation process. Notes 21, 22 and 23 set out details of the various funds and an analysis of the assets attributable to them. These assets are sufficient to meet the charity's obligations on a fund by fund basis. ## **Risk management** The trustees regularly assess the the risks to which the charity is exposed, and are satisfied that processes, systems and actions are in place to mitigate exposure to the major risks. - 3 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **Plans for the future April 24 - March 25** Objectives include: Continue to improve and build on new communication channels across the organisation. This will include the formation of a new staff forum and the implementation of a regular staff survey, alongside the creation of enhanced opportunities to effectively engage with volunteers and service users. Develop and implement a clear plan to ensure that coproduction is at the heart of service delivery and that effective feedback mechanisms are included with appropriate processes in place to make required changes in response. Continue to build on the internal audit processes to ensure all services are regularly reviewed and appropriate plans implemented to address any areas for potential improvement Build on and further develop the devolvement of areas of budgetary responsibility to enhance financial management. Continue to identify new funding streams and endeavour to retain all the contracts that are up for renewal this financial year, including Worcestershire Advocacy, CYP ACTONIT and the VCSE element of the Community Mental Health Transformation Project. Facilitate collaborative and joint working across Advocacy Wellbeing and CYP services to implement improved consistency, determine efficiencies and encourage enhanced opportunities for cross service shared learning. Creation of a comprehensive 5-year plan with associated mechanisms for effective dissemination to be embedded within objectives for all employees across the organisation. ## **Structure, governance and management** ## **Governing document** The charity is a company limited by guarantee and is governed by its Memorandum and Articles of Association dated 7 October 2003 which was updated and approved at the AGM, 17 September 2014. ## **Trustees** The trustees, who are also the directors for the purpose of company law, who served during the year were: C A Chapman J B Long J Gane N Kirk L Bugg Mr L J Heard (Appointed 1 January 2024) ## **Recruitment and appointment of trustees** The company shall have a Board of Trustees comprising not less than three and not more than eleven persons elected by and from the Members at the Annual General Meeting. At every Annual General Meeting all elected and co-opted Board members shall retire from office. Retiring Board members shall be eligible for re-election or further co-option subject to a maximum period of service of five years or five consecutive terms, such persons will be eligible to stand for re-election after a break of at least one year. This period can be extended at the discretion of the trustees. ## **Training and induction** Trustees are recruited from members and volunteers and through advertising with appropriate charity organisations and local business networks. There is a clearly defined procedure for recruitment and appointment including informal meetings, attendance at a Board meeting and a formal interview. Once references are checked, new trustees are co-opted or nominated at a General meeting. An induction programme is provided and ongoing training is available. - 4 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **Organisational structure** The business of the Company shall be managed by the Board of Trustees who may exercise all such powers of the Company as may be exercised and done by the Company and as are not by statute or by these articles required to be exercised or done by the Company in a General Meeting. The Board of Trustees delegate the day to day running of the charity to appointed Chief Executive Officer. K. Harvey served as Chief Executive Officer until 1 February 2024, Alice Braddick was then appointed in her stead. Rates of pay for all staff and key management personnel are set by the board. ## **Related parties** The charity does not co-operate with any charity or organisation deemed to be a related party in pursuit of its charitable objectives. ## **Auditor** A proposal will be put to members that competitive quotes are sought for the appointment of auditors, including from Kendall Wadley LLP. ## **Disclosure to auditor** Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditors are aware of such information. This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. On behalf of the board of trustees Chair Dated: 9 September 2024 - 5 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ The trustees, who are also the directors of Onside Independent Advocacy for the purpose of company law, are responsible for preparing the Trustees' Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these accounts, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities Statement of Recommended Practice (2005); - make judgements and estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the accounts; and - prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. - 6 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF ONSIDE INDEPENDENT ADVOCACY** ## **Opinion** We have audited the financial statements of Onside Independent Advocacy (the ‘charity’) for the year ended 31 March 2024 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: - give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resources and application of resources, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006. ## **Basis for opinion** We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the _Auditor's responsibilities for the audit of the financial statements_ section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ## **Conclusions relating to going concern** In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. ## **Other information** The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## **Matters on which we are required to report by exception** We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion: - the information given in the financial statements is inconsistent in any material respect with the Trustees' report; or - sufficient accounting records have not been kept; or - the financial statements are not in agreement with the accounting records; or - we have not received all the information and explanations we require for our audit. - 7 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF ONSIDE INDEPENDENT ADVOCACY** ## **Responsibilities of trustees** As explained more fully in the statement of Trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. ## **Auditor's responsibilities for the audit of the financial statements** We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. ## **Extent to which the audit was capable of detecting irregularities including fraud** - an understanding of the risk assessment process (including the assessment of the risk of fraud) adopted by the Board is obtained and their attitude to risk ascertained - an assessment of the susceptibility to material mis-statement of the financial statements as a result of management over-ride or fraud is made - it is ensured that the engagement team have, collectively, the appropriate competence, capabilities and skills to be involved in the assignment, are fully briefed and understand the risks specific to the charity ## **Audit response to risks identified** As a result of the outcome of our risk review: - we establish processes to test the outcomes of our assessment which include, a review of Board minutes, analytical review, the relevance and accuracy of significant accounting estimates, substantive testing of significant transactions, work to identify unusual or unexpected accounting entries including the testing of journal entries, information disclosed in the financial statements is traced to supporting documentation. In all instances it is acknowledged that material mis-statements that arise from fraud may involve deliberate concealment or collusion and are, therefore, by their very nature harder to detect than those arising from error. - an understanding of the legal and regulatory framework as applicable to the charity is obtained together with knowledge of the procedures put in place by the charity in order to comply with the same - it is established if there have been any instances of non-compliance with applicable laws and regulations, where there are such breaches, a full understanding, including gathering of relevant documentation appertaining to the event is obtained and assessed It should be noted that Auditing standards limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report. - 8 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF ONSIDE INDEPENDENT ADVOCACY** ## **Use of our report** This report is made solely to the company’s members, as a body, in accordance with section 391 of the Companies Act 2014. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed. **Sarah Morley BA (Hons) ACA (Senior Statutory Auditor) for and on behalf of Kendall Wadley LLP** 9 September 2024 **Chartered Accountants Statutory Auditor** Merevale House 27 Sansome Walk Worcester WR1 1NU Kendall Wadley LLP is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. - 9 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 MARCH 2024**_ |**Current financial year**
**Unrestricted Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**designated**
**2024**
**2024**
**2024**
**Notes**
**£**
**£**
**£**
**Income and endowments from:**
Voluntary income
**3**
2,482
-
-
Incoming resources from charitable
activities
**4**
3,664,167
-
-
Fundraising income
**6**
1,093
-
-
Other income
**7**
43,182
-
-
**Total income**
3,710,924
-
-
**Expenditure on:**
Charitable activities
**8**
3,706,846
-
2,849
**Net incoming/(outgoing) resources**
**before transfers**
4,078
-
(2,849)
Gross transfers between funds
**14**
93,482
(95,000)
1,518
**Net income/(expenditure) for the year/**
**Net movement in funds**
97,560
(95,000)
(1,331)
Fund balances at 1 April 2023
401,931
390,000
1,331
**Fund balances at 31 March 2024**
499,491
295,000
-|**Total**
**2024**
**£**
2,482
3,664,167
1,093
43,182
3,710,924
3,709,695
1,229
-
1,229
793,262
794,491|Total
2023
**£**
751
4,010,484
13,572
12,949| |---|---|---| |||4,037,756| |||4,009,073| |||28,683
-| |||28,683
764,579| |||793,262| The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. - 10 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **Prior financial year** |**Unrestricted Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**designated**
**2023**
**2023**
**2023**
**Notes**
**£**
**£**
**£**
**Income and endowments from:**
Voluntary income
**3**
751
-
-
Incoming resources from charitable activities
**4**
3,942,235
-
68,249
Fundraising income
**6**
13,572
-
-
Other income
**7**
12,949
-
-
**Total income**
3,969,507
-
68,249
**Expenditure on:**
Charitable activities
**8**
3,917,566
15,000
76,507
**Net incoming/(outgoing) resources before**
**transfers**
51,941
(15,000)
(8,258)
Gross transfers between funds
**14**
6,795
(12,840)
6,045
**Net income/(expenditure) for the year/**
**Net movement in funds**
58,736
(27,840)
(2,213)
Fund balances at 1 April 2022
343,195
417,840
3,544
**Fund balances at 31 March 2023**
401,931
390,000
1,331|**Total**
**2023**
**£**
751
4,010,484
13,572
12,949| |---|---| ||4,037,756| ||4,009,073| ||28,683
-| ||28,683
764,579| ||793,262| The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. - 11 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **BALANCE SHEET** ## _**AS AT 31 MARCH 2024**_ ||||**2024**|||**2023**|| |---|---|---|---|---|---|---|---| ||**Notes**|**£**||**£**|**£**||**£**| |**Fixed assets**|||||||| |Intangible assets|**15**|||24,427|||27,141| |Tangible assets|**16**|||48,063|||32,442| |||||72,490|||59,583| |**Current assets**|||||||| |Debtors|**17**|361,847|||504,009||| |Cash at bank and in hand||696,711|||653,246||| |||1,058,558|||1,157,255||| |**Creditors: amounts falling due within**|||||||| |**one year**|**18**|(336,557)|||(423,576)||| |Net current assets||||722,001|||733,679| |**Total assets less current liabilities**||||794,491|||793,262| |**Income funds**|||||||| |Restricted funds|**21**|||-|||1,331| |Designated funds|**22**|295,000|||390,000||| |General unrestricted funds||499,491|||401,931||| |||||794,491|||791,931| |||||794,491|||793,262| The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024, although an audit has been carried out under section 144 of the Charities Act 2011. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on 9 September 2024 **Chair** **Company Registration No. 04923990** - 12 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **STATEMENT OF CASH FLOWS** _**FOR THE YEAR ENDED 31 MARCH 2024**_ |**Notes**
**Cash flows from operating activities**
Cash generated from operations
**26**
**Investing activities**
Purchase of intangible assets
Purchase of tangible fixed assets
**Net cash used in investing activities**
**Net cash used in financing activities**
**Net increase in cash and cash equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2024**
**£**
-
(27,675)|**£**
71,140
(27,675)
-
43,465
653,246
696,711|**2023**
**£**
(18,985)
(12,184)|**£**
226,910
(31,169)
-
195,741
457,505
653,246| |---|---|---|---|---| - 13 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **1 Accounting policies** ## **Charity information** Onside Independent Advocacy is a private charitable company limited by guarantee and was registered in England and Wales. The registered office is Williamson House, 14 Charles Street, Worcester, WR1 2AQ. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's governing document dated 07 October 2003, the Companies Act 2006 and "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 charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The accounts have been prepared on the historical cost convention. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. 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 to be used for specific purposes as laid down by the donor. Expenditure, which meets these criteria, is charged to the fund. ## **1.4 Income** Service contract income received are recognised in full in the statement of financial activities in the year in which they are receivable. Income is then deferred where the contract term falls outside the current year. The charity receives government grants in respect of offering advocacy. Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred No amount is included in the financial statements for the volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees' annual report. Investment income comprises of bank interest and is recognised when it is receivable. All other income is recognised when it is receivable. Legacies are recognised on receipt or otherwise if the charitable company has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 14 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **1 Accounting policies** **(Continued)** ## **1.5 Expenditure** Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT, which cannot be recovered. Expenditure relating to charitable activities comprise of all expenses that are incurred in the undertaking of the charitable activities of the charity. Governance costs include direct and related support costs relating to the governance infrastructure allowing the charity to generate information required for public accountability. Resources expended are allocated between the activities of the charity on an apportionment basis based on estimated staff time. ## **1.6 Intangible fixed assets other than goodwill** Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity. Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Database Development 10 years straight line ## **1.7 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows: Fixtures, fittings & equipment 20% straight line Motor vehicles 25% on net book value The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.8 Impairment of fixed assets** At each reporting end date, the charity reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **1.9 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, and other short-term liquid investments with original maturities of three months or less. - 15 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **1 Accounting policies** ## **(Continued)** ## **1.10 Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. ## **1.11 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.12 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. ## **2 Critical accounting estimates and judgements** In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. - 16 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **3 Voluntary income** ||**Unrestricted**|Unrestricted| |---|---|---| ||**funds**|funds| ||**general**|general| ||**2024**|2023| ||**£**|£| |Donations and gifts|2,482|751| - 17 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **4 Incoming resources from charitable activities** |**Worcestershire County**
**Council Grants &**
**Contracts**
**Herefordshire**
**Council Grants &**
**Contracts**
**Other Grants &**
**Contracts**
**2024**
**2024**
**2024**
**£**
**£**
**£**
Income within charitable activities
444,596
224,512
2,781,558
Opening deferred income
43,603
-
170,599
Less: deferred income
(29,422)
-
(124,106)
458,777
224,512
2,828,051
Analysis by fund
Unrestricted funds - general
458,777
224,512
2,828,051
Restricted funds
-
-
-|**Social**
**Enterprise**
**Council Spot**
**Sales**
**2024**
**2024**
**£**
**£**
68,014
84,813
-
-
-
-
68,014
84,813
68,014
84,813
-
-|**Total**
**2024**
**£**
3,603,493
214,202
(153,528)
3,664,167
3,664,167
-|**Total**
**2023**
**£**
4,024,097
200,589
(214,202)
4,010,484
3,942,235
68,249| |---|---|---|---| ## **Deferred income** Income is deferred where the contract terms fall outside the current year. - 18 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ - **4 Incoming resources from charitable activities** **(Continued)** ## **For the year ended 31 March 2023** |**Worcestershire**
**County Council**
**Grants & Contracts**
**Herefordshire**
**Council Grants &**
**Contracts**
**Other Grants**
**£**
**£**
**£**
Income within charitable activities
827,315
209,070
2,867,238
Opening deferred income
10,400
-
190,189
Less: deferred income
(43,603)
-
(170,599)
794,112
209,070
2,886,828
Analysis by fund
Unrestricted funds - general
794,112
209,070
2,818,579
Restricted funds
-
-
68,249
794,112
209,070
2,886,828|**Social**
**Enterprise**
**Council Spot**
**Sales**
**£**
**£**
61,156
59,318
-
-
-
-
61,156
59,318
61,156
59,318
-
-
61,156
59,318|**Total**
**2023**
**£**
4,024,097
200,589
(214,202)
4,010,484
3,942,235
68,249
4,010,484| |---|---|---| ## **Deferred income** Income is deferred where the contract terms fall outside the current year. - 19 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **5 Grants receivable for core activities** |**Grants receivable for core activities**||| |---|---|---| |**Unrestricted**
**Restricted**
**funds**
**funds**
**general**
**2024**
**2024**
**£**
**£**
**Grants and contracts receivable for core activities**
Children and family services
996,264
-
Adult wellbeing services
875,570
-
Advocacy services
740,383
-
Community mental health services
562,094
-
PLUS Service
276,051
-
Parent support advocacy services
97,058
-
Mix cafe & bakery
69,964
-
Job coaching services
-
-
Other income
46,783
-
3,664,167
-|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**general**
**2024**
**2023**
**2023**
**£**
**£**
**£**
996,264
712,672
-
875,570
1,612,010
-
740,383
697,482
-
562,094
403,283
-
276,051
339,574
-
97,058
65,368
-
69,964
65,046
-
-
46,800
68,249
46,783
-
-
3,664,167
3,942,235
68,249|**Total**
**2023**
**£**
712,672
1,612,010
697,482
403,283
339,574
65,368
65,046
115,049
-| |||4,010,484| - 20 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **6 Income from other trading activities** |||**Unrestricted**|**Unrestricted**| |---|---|---|---| |||**funds**|**funds**| |||**2024**|**2023**| |||**£**|**£**| ||Fundraising events|1,093|13,572| |**7**|**Other income**||| |||**Unrestricted**|**Unrestricted**| |||**funds**|**funds**| |||**2024**|**2023**| |||**£**|**£**| ||Other income|43,182|12,949| - 21 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **8 Charitable activities** ||**Resources**|**Resources**| |---|---|---| ||**expended**|**expended**| ||**on**|**on**| ||**charitable**|**charitable**| ||**activities**|**activities**| ||**2024**|**2023**| ||**£**|**£**| |Staff costs|3,090,916|3,365,840| |Depreciation, amortisation and impairment|14,768|7,584| |Travel and subsistence|55,558|51,871| |Staff and volunteer training|16,430|31,965| |Volunteer expenses|2,472|642| |Café Mix and Bakery provisions and equipment|16,608|18,813| |Sub contractor arrangement|230,031|224,345| |Computer costs|-|11,673| ||3,426,783|3,712,733| |Share of support costs (see note 9)|275,992|290,171| |Share of governance costs (see note 9)|6,920|6,169| ||3,709,695|4,009,073| |**Analysis by fund**||| |Unrestricted funds - general|3,706,846|3,917,566| |Unrestricted funds - designated|-|15,000| |Restricted funds|2,849|76,507| ||3,709,695|4,009,073| - 22 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **9 Support costs** |Stationery
Telephone
Printing, publicity and
advertising
Insurance
Rent
Heat and light
Repairs and
maintenance
Legal and consultancy
Subscriptions
Computer costs
Postage
Staff recruitment costs
Bank charges
Website costs
Staff Welfare
Payroll preparation costs
General office expenses
Bad debts written off
Audit fee
Trustee meeting costs
Analysed between
Charitable activities|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
9,189
-
27,681
-
3,641
-
7,442
-
51,913
-
4,634
-
46,551
-
15,698
-
2,990
-
38,688
-
1,463
-
13,291
-
2,181
-
3,163
-
23,410
-
14,525
-
9,369
-
163
-
-
6,600
-
320
275,992
6,920
275,992
6,920|**2024**Support costs Governance
costs
**£**
£
£
9,189
8,518
-
27,681
24,870
-
3,641
14,814
-
7,442
11,000
-
51,913
46,399
-
4,634
6,167
-
46,551
17,362
-
15,698
36,762
-
2,990
6,531
-
38,688
48,500
-
1,463
1,775
-
13,291
16,967
-
2,181
1,223
-
3,163
6,792
-
23,410
15,866
-
14,525
13,990
-
9,369
10,701
-
163
1,934
-
6,600
-
6,120
320
-
49
282,912
290,171
6,169
282,912
290,171
6,169|2023
£
8,518
24,870
14,814
11,000
46,399
6,167
17,362
36,762
6,531
48,500
1,775
16,967
1,223
6,792
15,866
13,990
10,701
1,934
6,120
49| |---|---|---|---| ||||296,340| ||||296,340| Governance costs includes auditors' remunerations of £6,600 (2023 : £6,120). ## **10 Net movement in funds** |||| |---|---|---| |**Net movement in funds**|**2024**|**2023**| ||**£**|**£**| |The net movement in funds is stated after charging/(crediting):||| |Depreciation of owned tangible fixed assets|12,054|7,584| |Amortisation of intangible assets|2,714|-| ## **11 Trustees** None of the trustees (or any persons connected with them) received any remuneration during the year. During the year 2024 no trustee claimed for travel and other expenses incurred, (2023: 1 trustee was reimbursed £49). - 23 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **12 Employees** ## **Number of employees** The average monthly number of employees during the year was: |Service delivery and administrative personnel
**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2024**
**Number**
149
**2024**
**£**
2,798,293
192,960
99,663
3,090,916|**2023**
**Number**
167| |---|---|---| |||**2023**
**£**
3,054,148
210,785
100,907| |||3,365,840| Total key management personnel remuneration benefits for the year amounted to £473,424 (2023: £333,672) The number of employees whose annual remuneration was £60,000 or more were: |were:|||| |---|---|---|---| |||**2024**|**2023**| |||**Number**|**Number**| |£60,001|- £70,000|2|1| ## **13 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. ## **14 Transfers** A transfer of £1,518 (2023 - £6045) was made from unrestricted funds to restricted to cover project overspends. The trustees have re-designated certain funds resulting in a transfer of £95,000 from designated funds to general funds (2023 - £12,840 was released from designated funds). The re-designations are as described in note 22. - 24 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ |**15**
**Intangible fixed assets**
**Cost**
At 1 April 2023 and 31 March 2024
**Amortisation and impairment**
At 1 April 2023
Amortisation charged for the year
At 31 March 2024
**Carrying amount**
At 31 March 2024
At 31 March 2023
**16**
**Tangible fixed assets**
**Fixtures,**
**fittings &**
**equipment**
**£**
**Cost**
At 1 April 2023
91,913
Additions
27,675
At 31 March 2024
119,588
**Depreciation and impairment**
At 1 April 2023
59,471
Depreciation charged in the year
12,054
At 31 March 2024
71,525
**Carrying amount**
At 31 March 2024
48,063
At 31 March 2023
32,442
**17**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Prepayments and accrued income|**Database Development**
**£**
27,141
-
2,714
2,714
24,427
27,141
**Motor**
**vehicles**
**Total**
**£**
**£**
10,000
101,913
-
27,675
10,000
129,588
10,000
69,471
-
12,054
10,000
81,525
-
48,063
-
32,442
**2024**
**2023**
**£**
**£**
258,138
397,561
103,709
106,448
361,847
504,009|**Database Development**
**£**
27,141
-
2,714
2,714
24,427
27,141
**Motor**
**vehicles**
**Total**
**£**
**£**
10,000
101,913
-
27,675
10,000
129,588
10,000
69,471
-
12,054
10,000
81,525
-
48,063
-
32,442
**2024**
**2023**
**£**
**£**
258,138
397,561
103,709
106,448
361,847
504,009| |---|---|---| |||-
2,714| |||2,714| |||24,427| |||27,141| |||**Total**
**£**
101,913
27,675| |||129,588| |||69,471
12,054| |||81,525| |||48,063| |||32,442| |||**2023**
**£**
397,561
106,448| |||504,009| - 25 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **18 Creditors: amounts falling due within one year** |**Creditors: amounts falling due within one year**||| |---|---|---| |**Notes**
Other taxation and social security
Deferred income
**19**
Trade creditors
Other creditors
Accruals|**2024**
**£**
41,502
153,528
23,286
70,655
47,586
336,557|**2023**
**£**
45,084
214,202
22,366
94,118
47,806| |||423,576| ## **19 Deferred income** ||**2024**|**2023**| |---|---|---| ||**£**|**£**| |Other deferred income|153,528|214,202| Income received in the year has been deferred until the next financial year and will be recognised when the services have been performed. |**20**|**Retirement benefit schemes**||| |---|---|---|---| |||**2024**|**2023**| ||**Defined contribution schemes**|**£**|**£**| ||Charge to profit or loss in respect of defined contribution schemes|99,663|100,907| The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. - 26 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **21 Restricted funds** The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. |||**Movement in funds**|**Movement in funds**|||||| |---|---|---|---|---|---|---|---|---| ||**Balance at**|**Incoming**|**Resources**|**Transfers**|**Balance at**|**Resources**|**Transfers**|**Balance at**| ||**1 April 2022**|**resource**|**expended**||**1 April 2023**|**expended**||**31 March 2024**| ||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**| |Swap & Share (Worcester)|1,231|-|-|-|1,231|(1,231)|-|-| |Job Coach Employment Support|2,213|68,249|(76,507)|6,045|-|-|-|-| |Promotion Events, Donations and Fundraisers|100|-|-|-|100|(1,618)|1,518|-| ||3,544|68,249|(76,507)|6,045|1,331|(2,849)|1,518|-| The purpose of each fund is as follows: Swap & share – part of the Communities together initiative, supporting the exchange of skills and time between community members in Worcester and Malvern. Job coach employment support - this is a project funded by Big Lottery and ESF to support people furthest from the job market into employment. - 27 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **22 Designated funds** The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. |**Balance at**
**1 April 2022**
**r**
**£**
Office Maintenance & Improvement
17,840
Building fund
200,000
Essential contingency fund
200,000
IT Infrastructure Improvement
-
Social Enterprise
-
Staff costs
-
CRM/Website improvements
-
Service development
-
417,840|**Movement in funds**
**Incoming**
**esources**
**Resources**
**expended**
**Transfers**
**Balance at**
**1 April 2023**
**Transfers**
**Balance at**
**31 March 2024**
**£**
**£**
**£**
**£**
**£**
**£**
-
-
32,160
50,000
(30,000)
20,000
-
-
(200,000)
-
-
-
-
(15,000)
55,000
240,000
(240,000)
-
-
-
100,000
100,000
(50,000)
50,000
-
-
-
-
80,000
80,000
-
-
-
-
75,000
75,000
-
-
-
-
50,000
50,000
-
-
-
-
20,000
20,000
-
(15,000)
(12,840)
390,000
(95,000)
295,000|**Movement in funds**
**Incoming**
**esources**
**Resources**
**expended**
**Transfers**
**Balance at**
**1 April 2023**
**Transfers**
**Balance at**
**31 March 2024**
**£**
**£**
**£**
**£**
**£**
**£**
-
-
32,160
50,000
(30,000)
20,000
-
-
(200,000)
-
-
-
-
(15,000)
55,000
240,000
(240,000)
-
-
-
100,000
100,000
(50,000)
50,000
-
-
-
-
80,000
80,000
-
-
-
-
75,000
75,000
-
-
-
-
50,000
50,000
-
-
-
-
20,000
20,000
-
(15,000)
(12,840)
390,000
(95,000)
295,000| |---|---|---| |||295,000| Funds have been set aside to undertake the projects specified. - 28 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ |**23**
**Analysis of net assets between funds**
**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**2024**
**2024**
**2024**
**£**
**£**
**£**
Fund balances at 31 March 2024 are represented
by:
Intangible fixed assets
24,427
-
-
Tangible assets
48,063
-
-
Current assets/(liabilities)
427,001
295,000
-
499,491
295,000
-|**Total**
Unrestricted
funds
Designated
funds
Restricted
funds
**2024**
2023
2023
2023
**£**
£
£
£
24,427
27,141
-
-
48,063
32,442
-
-
722,001
342,348
390,000
1,331
794,491
401,931
390,000
1,331|Total
2023
£
27,141
32,442
733,679| |---|---|---| |||793,262| - 29 - ## **ONSIDE INDEPENDENT ADVOCACY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_ ## **24** Operating lease commitments ## **Lessee** The operating leases represent leases for the use of property and office equipment. The leases are negotiated over terms of 3-7 years and rentals are fixed for that period. There are no options in place for either party to extend the lease term. The current lease has expired and negotiations are taking place to renew the same. At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows: ||**2024**|**2023**| |---|---|---| ||**£**|**£**| |Within one year|683|6,705| Lease payments recognised as an expense during the year amounted to £6,705 (2023 - £28,320). ## **25 Related party transactions** There were no disclosable related party transactions during the year (2023 - none). |**26**
**Cash generated from operations**
Surplus for the year
Adjustments for:
(Gain)/loss on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
Movements in working capital:
Decrease in debtors
(Decrease)/increase in creditors
(Decrease)/increase in deferred income
**Cash generated from operations**|**2024**
**£**
1,229
-
14,768
142,162
(26,345)
(60,674)
71,140|**2023**
**£**
28,683
15,709
7,584
139,470
23,462
12,002| |---|---|---| |||226,910| ## **27 Analysis of changes in net funds** The charity had no material debt during the year. - 30 -