COMPANY REGISTRATION NUMBER: 04773325 CHARITY REGISTRATION NUMBER: 1102023 Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Unaudited Financial Statements 31 March 2024 ALLEN, WEST AND FOSTER Chartered accountants Omega Court 364-366 Cemetery Road Sheffield S118FT
Relate- Chesterfield and North Derbyshire Company Limited by Guarantee Financial Statements Year ended 31 March 2024 Page Trustees, annual report (Sncorporating the directors report) Independent examiner's report to the trustees Stalemenl of financial activities (including income and expenditure account) Statement of financial position 10 Notes to the financial statements 12
Relate - Chesterfield and North Derbyshire Company Limited by Guarantse Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2024 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2024. Reference and admlnlstratlve detalls Reglstered charlty name Relate - Chesterfield and North Derbyshire Charity reglstration number 1102023 Company reglstratlon number 04773325 Princlpal office and reglstered 3rd Floor, Dents Chambers office 81 New Square Chesterfield S40 1AH England The tru8t•o$ T Cresswell J Webb H Douch R Barnelt L Mcmanus Eorry J Etherington P Green G Hill (Resigned 4 November 2024) (Resigned 26 April 2023) (Resigned 1 November 2023) (Appointed 7 May 2024) {Appoinled 15 March 2024) Company gecretsry Sarah Willis Independent examlner Stephen Allen ACA FCCA Omega Court 364-366 Cemetery Road Sheffield S118FT structure. governance and management a. Constitutlon Relate - Chesterfield & North Derbyshire is registered as a charitable company limited by guarante@ and was set up by a Memorandum of Association dated 21 May 2003.
Relate - Chesterfield and North Derbyshire Company Limited by Guarant8e Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 Structure, govemance and management Icontinued) b. Methods of appolntment or election of Trustees The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as Members of the Executs've Committee. Under the requirements of the Memorandum and Articles of Association the members of the Executive Committee are elected to serve for one year renewable annually. In an effort to reflect a range of skills and expertise, members have been appointed to the Board with this in mind and where possible, the Board will endeavour to retain these skills or recruit new Trustees according to the needs of the organisation. In the event of particular skills being lost due to retirement, individuals may be approached to offer themselves for election. c. Pollclos adopted for the Inductlon and tralnlng of trustees Trustees have a selection interview following completion of the Trustee application form, and references have been received, with a further opportunity to meet the Centre Manager and other staff and to visit the Centre. They are also given information packs about Relate and can access both national and local websites. New members are invited to attend meetings prior to registering as Trustees as observers and are also required to attend National Relate zoom meetings of Trustees. In particular, they are briefed about the Charities Commission requirements for Trustees, and Iheir safeguarding responsibilities. d. Organ16atlonal structure and declslon making Relate Chesterfield & North Derbyshire currently has an Executive Committee of 6 members who meet quarterly and are responsible for the overall governance and strategic direction of the charity. Responsibility of the day-to-day provision of services is delegated to the Centre Manager. The Centre is a member of the Relate Federation and is guided in the provision of services by the agreed national seNice specifications. e. Rl8k management The Board of directors receive a quarterly financial report in addition to the Centre Managers written and verbal reports at the monthly or quarterly Board meetings. Financial and health and safety policies are also in place along with the appropriate insurance policies. In addition, all staff are DBS checked, and are required to read annually updated policies and sign a statement of understanding to confirm they will apply the policy to their practice. The major risk that the charity is exposed to is loss of funding from grants and contracts. To mitigate this the Board ensure sufficient funds are kept in the reserves over and above the amounts that have previously been held for this purpose. Also, there has been a diversification of income streams to protect against loss from an particular source and this continues to be the focus to protect the future and financial viability of the Centre. Other more general risks such as damage to property and absence of staff are provided for in the business continuity plan, which also provides for remote working. A major risk to the organisation is staff sickness absence owing to the small team and ensuring service and management coverage. This is partly mitigated by the Board's hands-on and operational protection approach.
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 Objectlves and activitles a. Pollcles and objectives The key charitable activity is attributed to direct client counselling, this encompasses children and young people, individuals, couples, family counselling and psychosexual therapy. In addition, we offer free or subsidised training to volunteers and employees of the voluntary and statutory sector. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our objectives and activities and in planning our future activities. In particular, the trustees consider how many planned activities they have set. Further details on how the charity delivers public benefit can be found in the activities undertaken to achieve objectives paragraph below. b. Actlvltles und8rtak8n to achleve objectlves Clients are offered a choice of appointment times to suit their availability and attend for an assessment appointment before undertaking ongoing counselling to ensure they receive the right setvice. Waiting limes are monitored and every effort is made to keep these as short as possible within the restraints of our resources. The Board and Centre Manager are actively and continually seeking contract services that fit our charltable activity. One of the Board's main objectives for this year was to continue to increase our outreach provision in order to reach people who may not have known about all of the services we offer. We specifically sought contracts and grants to enable us to increase the reach of our service, and to help people irrespective of their ability to pay. In line with our charitable aims, we actively seek funding and bursaries to enable us to provide Services at the point of need to those less able to pay. In particular, this last year we have reached a target of 80Vo free of charge counselling. c. Staffing The Centre relies on the reception staff (both paid and voluntary) who provide receptlon cover throughout the day and evening. The provision of placements for counsellors on the Relate training course continues and supervision and ongoing support to counsellors is provided by the Centre via the Clinical Supervisors. The Centre currently employs 11 Counsellors. 1 Centre Manager,1 Quality and Training Lead, and 4 administrative staff. strateglc report The following sections for achievements and performance and financial VIeW form the strategic report of the charity. Achlevements and performance a. Revlew of actlvitles The Centre delivered 2,271 attended counselling sessions during the period of April 2023 to March 2024. We have offered a blended SeiCe of face to face, telephone and webcam appointments to meet client demands and needs for geographical and a range of other reasons. This véill reduce previous barriers for some people in accessing our service, particularly Ihose in remote areas.
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (ct)ntinued) Year onded 31 March 2024 Flnanclal revlew a. Golng concern This last year has been financially supported via a CEV contract from DCC Public Health, this was given to support people affected by Covid. This provision enabled us to meet our Charitable Aims in temis of providing free or subsidised counselling to those less able to pay. In addition, the IAPT contract and referrals enabled us to provide counselling to those in a similar position and are experiencing low level mental ill heath difficulties. These contracts have been invaluable, but we recognise the importance of attracting fe&p8ying clients. However, the demographics we serve are predominantly areas of high deprivation. This makes us more reliant upon seeking funding to support our provision. Our business plan reflects this. Another impact upon our business has been the significantly high level of sickness absence amongst key people, this we have not been able to s&ek funding or work with key partners to develop strong pathways for our clients and seek subsidy funding to support clients accessing our provision. At the18tter end of the year (Oct onwards) we undertook a forenslc flnanclal review examining all income and expenditur8, this enabled us to make considerable savings on less important expenses and rationalise our spending and enable service efficiencies. Trustees are taking very seriously the financial and operational difficulties we have been experiencing. This has led to a significant change in management, and a greater cohesion behveen staff since October. With increased financial scrutiny, including the implementation of the Xero fi'nancial recording system, and the investment of an external financial accountant lo provide us with greater financial oversight, we have been in a position to manag8 our finances more effectively. This, combined with greater service planning and reaching out to our partner agencies, plus our planning to bring in a professional bid writer to support us approaching larger Trusts for funding, we anticipate will be in a position to increase our reserves over 2024-2025. b. Revlew of the year Our main funding source is now contract VrkIng Including our IAPT contract with Talking Mental Health Derbyshire, grants and bursaries, and client payments. As a result of funding changes. total income increased from the previous year to £277,659 from £228,082. Expenditure increased from the previous year to £287,738 from £244,897 resulting in a surplus of £9,539 {2023= deficit £16,815). The total funds carried forward as of 31 March 2024 are £155,973 (2023.. £146,434) of which £10,471 (2023.. £8,410) are restricted, and £145,502 (2023.. £138,024) are unrestricted. Monthly financial statements are produced for the Board's scrutiny and quarterly financial statements are presented by the CEO.
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) {¢ontinued) Year ended 31 March 2024 Flnanclal revlew (contlnued) c. Reserves policy The policy of the organisation has always been to have a small reseNe in cash and an asset in the fom of a property that was rented out. The last hvo years have been difficult as shown in this financial statement and the cash reserves have been depleted. The trustees took the decision to sell the asset to maintain cash reserves and are now operating on the basis that we always retain £50,000 as a reseprfe that would cover any closing costs and cash availability of circa £50,000 to allow for the gaps between receipt of large-scale grants which are critical to the organisation. The Trustees and management review this situation on a monthly basis. Plans for future porlods As stated earlier, we were not in a positive financlal position owlng to significant sickness absence of key people. However, since October 2023, we were in a position to forensically review all our finances and service delivery. A consequence of thi8 has led us to improving our financial reporting and monitor our expenditure more effectively. This enhanced and accurate financial reporting has enabled us to plan more effectively the services we need to develop. Clearly, we needed to integrate more widely with partner agencies to improve client pathways and consider joint funding. With thal in mind new developments have taken place beeen the college to provide outreach provision for young people. A joint bid with the Unemployed Workers Centre in in the process of being developed, and we have strengthened our partnership wilh Chesterfield Football club to develop a new Counselling and support system. We have strengthened the GP partnership for client referrals and are currently extending our outreach to another GP practice. We also recognised the importance of attracting fee-paying clients, and with that In mind we have put articles into local magazines. We have a qualified training and coach employed and she Is developlng training and a potential coaching provision for young people. In essence - Increased financlal reporting and scrutiny and following a business plan. building partnership working with relevant agencies, further outreach, a clearer marketing strategy, and strengthening the way we work is providing us with a strong foundation to move fop4vard. In addition, a new management team and an improving workplace environment has helped us to plan the future and move fonNard. The YRY forward is to build upon the service redesign undertaken in the second half of the financial year. Review the business strategy and broaden our provision. Plans to extend our hours of opening to attract people who are in work, plus consider Saturday mornings.
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Trustee8' Annual Report (Incorporating the Director's Report) (Continued) Year ended 31 March 2024 The trustees, annual report and the strategic report were approved on 18 December 2024 and signed on behalf of the board of trustees by.. T Cresswl[ Trustee
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Independent Examiner's Report to the Trustses of Relate - Chestsrfield and North Derbyshire Year ended 31 March 2024 I report to the trustees on my examination of the financial statements of Relate - Chesterfield and North Dert)yshire I'the charity'} for the year ended 31 March 2024. Responsibllltles and basis of report As the trustees of the company (and a150 Its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Acl. Independent examlner'8 Statement Since the charlty's gross income exceeded £250,000 your examiner must be a member of a body listed In section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or the financial statements do not accord wlth those record8', or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'tru8 and fairf view which is not a matter considered as part of an independent examination., or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021.
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Independent Examiner's Report to the Trustees of Relate - Chesterfield and North Darbyshire (contlnued) Year ended 31 March 2024 I have no concern5 and have came 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 account5 to be reached. Stephen Allen ACA FCCA Independent Examiner Omega Court 364-366 Cemetery Roa¢J Sheffield S11 8FT
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2024 2024 Restricted funds Total funds 2023 Unrestricted funds Total fund5 Note Income and endowments Donations and legacies Chantable activities Other trading activities Investment income 24,259 98,768 63,830 962 30,800 59,040 55,059 157,808 63,830 962 67,826 82,445 77,729 82 Total Income 187,819 89,840 277,659 228,082 Expendlture Expenditure on raising funds.. Costs of other trading activities Expenditure on charitable activities Totsl expendlture 134 179,825 179,959 134 287,604 267,738 606 244,291 10,11 87,779 87,779 244,897 Net losses on Investments 12 (382) 1382) Net Incomel(expendlture) and net movement In funds 7,478 2,061 9,539 (16,815) Reconclllatlon of funds Total funds brought forward Total funds carrled for6Yard 138,024 145,502 8,410 10,471 146,434 155,973 163,249 146,434 The statement of financlal activities includes all gains and losses recognised in the year. All inGome and expenditure derive from continuing activities. The notes on pages 12 to 23 form part of these financial Statements.
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee ststement of Financial Position 31 March 2024 2024 2023 Note Flxed assets Tangible fixed assets Investments 17 18 6,548 8,731 108,644 6,548 117,375 Current assets Debtors Cash at bank and in hand 19 36,470 128,114 164,584 15,264 102,964 118,228 Credltor8: amounts falllng due wlthln one year Net current assets 20 15,159 149,425 89,169 29,059 Total a8S•ts less current Ilabllltles 155,973 155,973 146,434 146,434 N•t a880ts Funds of the charlty Restricted funds Unrestricted funds 10,471 145,502 155,973 8,410 138,024 148,434 Total charlty funds 22 For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors. responsibilities.. The members have not required the company to obtain an audlt of Its flnanclal statements for the year in question in accordance with section 476., The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting record5 and the preparation of financial statement8. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. The statement of financial position continues on the following page. The notes on pages 12 to 23 form part of these financial statements. 10
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Statement of Financial Position (continued) 31 March 2024 These financial statements were approved by the board of trustees and authorised for issue on 18 December 2024, and are signed on behalf of the board by.. T Cresswell Trustee The notes on pages 12 to 23 form part of these financial statements. 11
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2024 General Informatlon The charity is a public benefit enlily and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 3rd Floor, Dents Chambers, 81 New Square, Chesterfield, S40 1AH, England. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting standard applicable in the UK and the Republic of Ireland,, the 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} (Charities SORP IFRS 102)} and the Companies Act 2006, Accountlng policies Basi$ of preparatlon The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financlal assets and liabilities and investment properties measured at fair value through income or expenditure. The financial slaternents are prepar8d in sterling, which is the functional currency of the entity. Golng concern The trustees recognise that the ability of the charity to continue in operation is dependenl on its ability to be able to raise sufficient income through service5 provided and obtaining grants to support the running costs of the charity. The trustees recognise that in the current economic climate there are significant uncertainties to achieving this. A new management team has reviewed options lo merge with olher centres or the national body but at this point feels they would be last sort and possibly have a negative impact on the local nature and provision of seNices. Thls new managernent tearn and a revised approach has Identlfied flnanclal and operational weaknesse5 that have been resolved and together with the liquidation of a fixed a55et to cover short temi cash requirements the immediate future is not in doubt. Trustees are continuing to lake this issue very seriously and are reviewing financial information (including cash flow forecasting) with management on a monthly basis and appropriate action is being taken where necessary Baseij on the above, the trustees are satisfied that the charity is a going concern and continue to adopt this basis of accounting. Judgements and key sources of estimation uncertalnty Eslimates and judgements are continually evaluated and are based on historical experience and other factors, including experience of future events that are believed to be reasonable under the circumstances. Critical accounting estimates and assumptions: The company make5 estimates and assumptions conceming the future. The resulting accounting estimates and assumptions will, by definition. seldom equal the related actual results. There are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of a55ets and liabilities within the next financial year. 12
Relate - Chesterfield and North Derbyshire Company Limitad by Guarantee Notes to the Financial Statements (continued) Yaar ended 31 March 2024 Accounting pollcleg (contlnu•d) Fund accountlng General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charitable Company 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 sel out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with speCifC restrictions imposed by donors or which have been raised by the Charilable Company 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 lo the financial slatements. Incomlng resources All Incom8 18 recognised once the company has entitlement to the incom8, It is probable that the income wlll be received and the amount of income receivable can be measured reliably. Donated services or facilities are recognised when the company has control over the item, any conditions associated with the donated item have been mel, the receipt of economic benefit from the use of Ihe company of the item is probably and that economic benefit can be measured reliably. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the company which is the amount the company would have been willing to pay to obiain services or facilities of equivalent economic benefit on the open market., a corresponding amount is then recognised in expenditure in the period of receipt. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. other income 13 recognised in the perlod in which it is receivable and to the extent the goods have been provided or on completion of the seTVlCe. Resources expended 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. Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading aclivitie5 that raise funds. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Chantable Company's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 13
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 Accounting pollcles (contlnued) Operatlng leases Lease payments are recognised as an expense over the lease term on a straighl-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis. Tanglble assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses, Any tangible assets carned at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recogni5ed as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which il offsets any previous revaluation gain, in which case the loss is shown within other recogni8ed gains and Ios5e5 on the statement of financial activities. Depreclatlon Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fixtures and fittings 25¥0 reducing balance Investment property Investment properties are Measured initially at cost and subsequently at fair value at the reporting date. Impairment of flxed as8et8 A review for indicators of impairment is carried oul at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairrnents are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assels that includes the asset and generates cash inflows that largely independent of the cash inflows from other assels or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocate¢J to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether olher assets or liabilities of the charity are assigned to those units. 14
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 March 2024 Accounting pollcles (contlnued) Flnanclal instruments The company 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. Deflned contrlbutlon plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Llmlted by guarant88 The company is a company limited by guarantee. The members of the company are the Trustees named on page 1, In the event of the company being wound up, the liability in respect of the guarantee is limiled to £1 p8r member of the company. Donations and legacles Unrestricted Funds Restricted Total Fund8 Funds 2024 Donatlons Client contributions Donations 18,902 5,357 18,902 5,357 Grants The National Lottery Hardwick CCG Derbyshire County Council Inspiralive Art Help the Helpers Pixel Fund Helen Roll Charity DVA Youth Group DVA Chesterfield Foundation Derbyshire Chesterfield Borough Council Counselling CYP 5,652 5,652 11,848 11,848 3,OQQ 6,000 1,500 2,800 30,800 3,000 6,000 1,500 2,800 55,059 24,259 16
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Notes to the Financial Statemants (c<)ntinued) Year ended 31 March 2024 Donatlons and legacles (eontlnuedj Unrestricted Funds Restricted Total Funds Funds 2023 Donations Client contribution5 Donations 17.755 990 17,755 990 Grants The National Lottery Hardwick CCG Derbyshire County Council Inspirative Art Help the Helpers Pixel Fund Helen Roll Charity DVA Youth Group DVA Chesterfield Foundation Derbyshire Chesterfield Borough Council Counselling CYP 9,970 6,736 16,527 11,848 3,000 1,000 9,970 6,736 16,527 11,848 3,000 1,000 18,745 49,081 67,826 Charltablo actlvities Unrestricted Funds Restricted Total Funds Funds 2024 Contract work 98,768 59,040 157,808 Unrestricted Funds Restricted Tot81 Funds Funds 2023 Contract work 69,485 12,960 82,445 Other tradlng actlvltles Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Room hire 100 Club Sundries 59,357 149 4,324 59,357 149 4,324 77,433 143 153 77,433 143 153 63,830 63,830 77,729 77,729 16
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Investment income 962 962 82 82 Costs of other tradlng actlvltl88 Unrestricted Total Fundg Unrestricted Total Funds Funds 2024 Funds 2023 Costs of other trading activities - Advertising and publicity 134 134 606 606 10. Expendlture on charltable actlvltles by fund type Unrestricted Funds Restricted Total Funds Funds 2024 Counselling ser¥ices Support costs 169,328 10,497 87,779 257,107 10,497 267,604 179,825 87,779 Unrestricted Funds Restricted Total Funds Funds 2023 Counselling services Support costs 172,122 7,178 64,991 237,113 7,178 244,291 179,300 64,991 11. Expendlture on charltable actlvltles by actlvity type Activities undertaken directly Support costs Total funds 2024 Total fund 2023 Counselling services Governance costs 257,107 257,107 10,497 267,604 237,113 7,178 10,497 10,497 257,107 244,291 12. Net losses on Investments Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Gainsl(losses) on investment propety {382) (382) 17
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Notes to the Financial Ststements (continued) Year ended 31 March 2024 13. Net Incomel(expenditure) Net incomellexpenditure) is stated after chargingl(crediting)'. 2024 2023 Depreciation of tangible fixed assets 2,183 2,637 14. Independent examlnatlon fees 2024 2023 Fees payable to the independent examiner for.. Independent examination of the financial statements 1,000 2,000 16. Stsff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2024 2023 Wages and salarles Social security cost5 Employer contributions to pension plans 178,490 3,819 1,729 184,038 157,890 4,899 1,762 164,551 The average head count of employees during the year was 17 (2023.. 19). The average number of full- time equivalent employees during the year is analysed as follows.. 2024 No. 2023 No. Charitable activities Management and administration of the charity 14 17 19 No employee received employee benefits of more than £60,000 during the year (2023.. Nil). Key Management Personnel Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £44,890 (2023:£71,225). 16. Trustee remuneratlon and expenses During the year, no Trustees received any remuneration or benefits in kind (2023.. £NIL). During the year, no Trustees received any reimbursement of expenses {2023- £NIL).
Relate ~ Chesterfield and North Derbyshire Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 17. Tangible flxed assets Flxtures and flttlngs Cost At 1 Apr 2023 and 31 Mar 2024 Depreclation At 1 Apr 2023 Charge for the year At 31 Mar 2024 20,710 11,979 2,183 14,162 Carrylng amount At 31 Mar 2024 6,548 8,731 At 31 Mar 2023 18. Investment8 Investment properties Cost or valuatlon At 1 Apr2023 Additions Disposals At 31 Mar 2024 108,644 (108,644) Impalrment At 1 Apr 2023 and 31 Mar 2024 Carrying amount At 31 Mar 2024 At 31 Mar 2023 108,644 All investments shown above are held at valuation. Investment propertles The investment property purchased during the prior year was held at cost which was deemed to be the valuation at 31 March 2023. The property has been disposed of during the year ended 31 March 2024 for £108,263. 19. Debtors 2024 2023 Prepayments and accrued income 36,470 15,284 19
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 20. Creditors: amounts falllng due within one year 2024 2023 Accruals and deferred income 15,159 89,169 21. Penslons and other post retlrement benefits Defined contrlbutlon plans The arnount recognised in income or expenditure as an expense in relation lo defined contribution plans was £1,729 (2023. £1,762) 22. Analysls of charltable funds Unr•$trlcted funds At 1 Apr 2023 Gains and At losses 31 Mar 2024 Income Expenditure Transfers General funds Contingencies 88,024 50.000 187,819 (179,959) (382) 95,502 50,000 138,024 187,819 (179,9591 1382) 145,502 At 1 Apr 2022 Gains and At losses 31 Mar 2023 Income Expenditure Transfers General funds Contingencies 117.889 34,000 151,889 166,041 {179,908) (16,000) 16,000 88,024 50,000 166,041 (179,9061 138,024 Dosignated funds A contingency fund has been set aside by the directors to provide running costs in case of an unforeseen reductian in income18vels. Restrlcted funds At 1 Apr 2023 Gains and At losses 31 Mar 2024 Income Expenditure Transfers DVA North East Derbyshire Inspirative Art Help the Helpers Hardwick CCG DVA Bolsover DVA Chesterfield Pixel Fund 240 (240) 11,848 5,652 (11,848) (5,652) (200) (120) (600) 200 3,000 2,880 600 20
Relate - Chesterfield and North Derbyshire Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 22. Analysis of charitable funds (continued) The National Lottery Voluntary Sector AMHP Funding Edward Gosling Funding Helen Roll Charity Chesterfield Borough Council Funding Derbyshire County Council Funding Rotary Club Grant Amold Clark Grant Postcode Neighbourhood Trust Kelly Family Trust CEV Ernotion81 Wellbeing DVA Youth Group Foundation Derbyshire 1,320 1,320 2,500 {1,150) 1,350 3,350 5,800 (7,229) 1,921 200 {200) 59,040 3,000 (59,040) 3,000 1.500 89,840 11,5001 (87,779) 8,410 10,471 At 1 Apr 2022 Gains and At losses 31 Mar 2023 Income Expenditure Transfer8 DVA North E8St Derbyshire Inspirative Art Help the Helpers Hardwick CCG DVA Bolsover DVA Chesterfield Pixel Fund The National Lottery Voluntary Sector AMHP Funding Edward Gosling Funding Helen Roll Charity Chesterfield Borough Council Funding 240 240 11,848 6,736 (11,848) (6,736) 200 640 200 (640) (2,400) 3,000 600 9,970 (9,970) 1,320 1.320 2,500 2,500 1,000 {1,0001 3,730 (380) 3,350 21
Relate - Chesterfield and North Derbyshire Company Limited by Guarantse Notes to the Financial Ststements (contlnued) Year ended 31 March 2024 22. Analysls of charitable funds (contlnued) Derbyshire County Council Funding Rotary Club Grant Arnold Clark Grant Postcode Neighbourhood Trust Kelly Family Trust CEV Emotional Wellbeing DVA Youth Group Foundation Derbyshire 16,527 (16,5271 (1001 (1501 100 150 1,040 1,440 (840) (1,440) 200 12,980 (12,960) 11,360 62,041 (64,991) 8,410 The purpose of the restricted funds are as follows'.- DVA North East Derbyshire - funding for providing subsidised counselling to young people (aged 11- 18> Inspirative Art Help the Helpers - funding for trust88 training Hardwick CCG - funding for psychosexual therapy DVA Bolsover- funding for providing subsidised counselling to young people (aged 11-18> in Bolsover DVA Chesterfield funding for providing subsidised counselling to young people (aged 11-18) in Chesterfield DVA- funding for youth group worker's salary Pixel Funding - funding for young people's counselllng Voluntary Sector AMHP Funding - funding for Covid risk assessment8, panic alarms, workspace adaptions, and training room equipment Edward Gosling Funding - funding for mental health counselling sessions Chesterfield Borough Council Funding funding for counselling sessions Postcode Neighbourhood Trust Grant- funding for counselling sessions CEV Emotional Wellbeing funding for counselling service 22
Relate - Chesterfield and North Derbyshire Company Limited by Guarantse Notes to the Financial Statements (conllnued) Year ended 31 March 2024 23. Analysls of net assets beiween funds Unrestricted Funds Restricted Totsl Funds Funds 2024 Tangible fixed assets Investments Current asset5 Creditors less than 1 year Net assets 6,548 6,548 154,113 (15,159) 145,502 10,471 164,584 (15,159) 155,973 10,471 Unrestricted Funds Restricted Total Funds Funds 2023 Tangible fixed assets Investments Current assets Creditors less than 1 year Net assets 8,731 108,644 109,818 {89,169) 138,024 8,731 108,644 118,228 (89,169) 146,434 8,410 8,410 24. Operating lease commitments The total future minimum lease payments under non-cancellable operating leases are as follows.. 2024 2023 Not later than 1 year Later than 1 year and not later than 5 years 12,000 24,000 36,000 12,000 36,000 48,000 26. Related partles There are no related party transactions which require disclosure in thls or the prior period. 23