FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS
FOR
31 MARCH 2024
Company Registration Number 5209201 Charity Number 1105676
FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
| Contents | Page |
|---|---|
| Members of the board and professional advisers | 1 |
| Trustees’ annual report | 2-4 |
| Independent Examiner’s report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8-15 |
FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS
The board of trustees
Gaynor Carrington Christopher Webster Craig Barker Susan Millard Tim Walker-Sharp
Company secretary
Company secretary Richard Seal Registered office Pear Tree Room Marble Hall 80 Nightingale Road Derby DE24 8BF Chief Executive Richard Seal
Independent Examiners Derby Community Accountancy Service Babington Lodge 128 Green Lane Derby DE1 1RY
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FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
The Trustees, who are also Directors for the purposes of the Companies Act, have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 March 2024.
OBJECTIVES AND ACTIVITIES
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a) Safeguard, protect and preserve the good health, both mental and physical of children and parents of children.
-
b) Prevent cruelty to or maltreatment of children.
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c) Relieve sickness, poverty and need amongst children and parents of children.
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d) Promote the education of the public in better standards of childcare within the area of Derby and its environs.
This is in accordance with the charity's governing document, the Memorandum and Articles of Association, incorporated on 18 August 2004. In planning our activities for the year we kept in mind the Charity Commission’s guidance on public benefit at our trustees meetings Family Support Derbyshire is based in the community in a mixed ethnic/cultural area of high deprivation. Family Support Derbyshire contributes to a more positive lifestyle in terms of health and wellbeing and safety for all the children. Family Support Derbyshire is open to all people irrespective of race, gender or any other personal circumstances.
Family Support Derbyshire was previously part of a franchise and was known as Home Start Derby, we left the franchise in order to give the charity greater stability both financially and in service delivery plus a greater flexibility to respond to the needs of our local families and community.
.
ACHIEVEMENTS AND PERFORMANCE
Family Support Derbyshire is a registered charity that has been delivering a family focused support service in the Derby City since 1996, we are a support network of knowledge, information, resources and community provision to help with the practical elements of being a parent; we are a well-established, professional organisation that evaluates regularly to ensure our delivery best meets the needs of our volunteers, families and young children. Family Support Derbyshire is a preventative service that is part of the wider health care economy and partners with statutory services in education, health and social care.
Our service priorities are: 1. Health and Well-being in life including mental health concerns 2. Support our young children to achieve their full potential 3. Every Derbyshire parent to be ambitious for their children's future
Our Aim - Family Support Derbyshire supports and strengthens local families to enable our youngest and most vulnerable children to have the best possible chance to be successful in life.
Over this financial year Family Support Derbyshire has supported:
128 Families
189 Babies & Young Children
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FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
Our impact continues to grow and this has been achieved through adopting a hybrid approach to volunteer led delivery and paid staff led delivery. With evaluation we are continuing this model into the next financial year in line with our 5 steps to 150 strategy that will continue to underpin our development and growth as Derbyshire’s leading young children and family’s charity. 5 steps to 150 is our strategy to build Family Support Derbyshire’s service capacity to support up to 150 families with face to face support at any one time. We have currently increased our impact through the growth of our frontline staff, which has seen our staff costs increase through this financial year. This trend will continue through next financial year as we work towards increasing our capacity. Completion of stage 2 of our 5 steps to 150 will see Family Support Derbyshire supporting 65 - 70 families at any one time.
Financial Review
Reserves
As advised by the Charity Commission, Family Support Derbyshire reserve policy seeks to provide sufficient monies to enable the organisation to properly finance its own termination. The Board has agreed to provide (wherever possible) an amount which equates to three months of running costs. At 31 March 2024 the charity had unrestricted reserves of £86,855.
STRUCURE, GOVERNANCE AND MANAGEMENT
Governing document
Family Support Derbyshire is based at Pear Tree Room, Marble Hall, Derby, Nightingale Road DE24 8BF which is the company's registered office and the principal address of the charity. Family Support Derbyshire is a company limited by guarantee and not having a share capital (company registration No. 5209201) and a Registered Charity (No. 1105676).
Trustee selection methods
An assessment has been made to discover those skills required by the Board of Trustees. Efforts are made to recruit trustees with the skill requirements from the resident local population.
Risk management policy
The trustees examine the major risks that the charity faces each financial year when preparing and updating the strategic plan. The charity has developed systems to monitor and control these risks to mitigate any impact that they may have on the charity in the future.
Independent Examiner
Mark Newey ACMA of Derby Community Accountancy Service will continue in office as independent examiner for the ensuing year.
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FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
Small company provisions
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
Registered office: Pear Tree Room 80 Nightingale Road Derby DE24 8BF
Signed on behalf of the Trustees
C. Webster Director
Date
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FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES
YEAR ENDED 31 MARCH 2024
Independent Examiner's Report to the Trustees of Family Support Derbyshire Ltd
I report on the accounts of the company for the year ended 31 March 2024 which are set out on pages 6 to 15 .
Respective responsibilities of Trustees and examiner
The Trustees (who are also the Directors of the Company for the purposes of company law) are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act, as amended); and
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state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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1 Which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with section 386 of the Companies Act 2006; and
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to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
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have not been met; or
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2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Mark Newey ACMA
Address: Derby Community Accountancy Service, Babington Lodge, 128 Green Lane, Derby.
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FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2024
| Total Funds | Total Funds | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Year to 31 | Year to 31 | ||
| Funds | Funds | Mar 2024 | Mar 2023 | ||
| Note | £ |
£ | £ | £ | |
| Income from: | |||||
| Donations | 3 | 2,261 | - | 2,261 | 1,073 |
| Investment income | 5 | 405 | - | 405 | 80 |
| Grant receivable | 4 | 13,783 | 142,538 | 156,321 | 157,858 |
| Other income | 6 | 417 |
- |
417 |
- |
| Total incoming resources | 16,866 |
142,538 |
159,404 |
159,011 |
|
| Expenditure on | |||||
| Raising Funds | - | 11,877 | 11,877 | 10,849 | |
| Charitable activities | 65 |
148,260 |
148,325 |
128,997 |
|
| Total resources expended | 7 | 65 |
160,137 |
160,202 |
139,846 |
| Net incoming/(outgoing) | |||||
| resources before transfers | 16,801 | (17,599) | (798) | 19,165 | |
| Transfer between funds | - |
- |
- |
- |
|
| Net movement in funds | 16,801 | (17,599) | (798) | 19,165 | |
| Funds brought forward | 70,054 |
17,489 |
87,543 |
68,378 |
|
| Funds carried forward | 86,855 |
(110) |
86,745 |
87,543 |
The charity has no recognised gains or losses other than the results for the year as set out above.
All of the activities of the charity are classed as continuing.
The notes on pages 8 to 15 form part of these financial statements.
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FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
31 MARCH 2024
| Note Current assets Debtors 11 Cash at bank and in hand Creditors: amounts falling due within one year 12 Net current assets Total assets less current liabilities Net assets Funds Restricted 13 Unrestricted – general reserves 13 Unrestricted – designated funds 13 TOTAL FUNDS |
2024 £ 5,100 154,742 159,842 73,097 |
£ 86,745 86,745 86,745 (110) 49,855 37,000 86,745 |
2023 £ 1,930 118,768 120,698 33,155 |
£ 87,543 87,543 87,543 17,489 55,054 15,000 87,543 |
|---|---|---|---|---|
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors’ responsibilities:
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(i) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
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(ii) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
These financial statements were approved and authorised for issue by the members of the committee and are signed on their behalf by:
C. Webster Date Director
Company Registration Number: 5209201
The notes on pages 8 to 15 form part of these financial statements.
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FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
1. Accounting policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
Company information
Family Support Derbyshire is a company limited by guarantee not having a share capital. The company’s registered office is, Pear Tree Room, Marble Hall, 80 Nightingale Road, Derby, DE24 8BF. At the end of the year there were 5 Trustees, each of whom, under the terms of the Memorandum and Articles of Association, had undertaken to contribute the sum not exceeding £1 in the event of a winding up of the company.
1.1 Accounting convention
These accounts have been prepared in accordance with FRS 102, “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”), “Accounting and Reporting by Charities” the Statement of Recommended Practice for charities applying FRS 102, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it applies from 1 January 2015. The charity is a Public Benefit Entity as defined by FRS 102.
The accounts are prepared in Sterling, which is the functional currency of the company Monetary amounts in these financial statements to the nearest £.
The accounts have been prepared on historical cost convention. The principal accounting policies adopted are set out below.
These are accounts for the year ended 31 March 2024 prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
1.2 Going concern
At the time of approving the accounts, the Directors 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 accounts.
1.3 Charitable Funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.
Restricted funds are subject to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
1.4 Incoming resources
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Gifts in kind have been included at market value of gifts received and in assets acquired. No amounts are included in the financial statements for services donated by volunteers.
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FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
1.5 Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in the support of the charitable activities.
1.6 Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discounts offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
1.7 Cash and cash equivalents
- Cash and cash equivalents include cash in hand, deposits held at call with banks, other shortterm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8 Creditors and provisions
- Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
1.9 Financial instruments
The charity 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.
Derecognition of financial liabilities
Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination costs are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination costs.
1.11 Taxation
The charity is exempt from tax on income and gains falling with section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
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FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
2. Critical accounting estimates and judgements
- In the application of the charity’s accounting policies, the directors 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 estimated and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
3. Donations
| Total Funds | Total Funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Year to 31 | Year to 31 | |
| Funds | Funds | Mar 2024 | Mar 2023 | |
| £ | £ | £ | £ | |
| Other donations & fundraising | 2,261 |
- |
2,261 |
1,073 |
| 2,261 |
- |
2,261 |
1,073 |
4. Grants
| Total Funds | Total Funds | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Year to 31 | Year to 31 | ||
| Funds | Funds | Mar 2024 | Mar 2023 | ||
| £ | £ | £ | £ | ||
| Awards for All – Nat Lott Comm Fund | - | 4,998 | 4,998 | 10,830 | |
| The National Lottery Community Fund | - | 45,805 | 45,805 | 55,158 | |
| Henry Smith Foundation | - | - | - | 15,000 | |
| Foundation Derbyshire | - | 1,667 | 1,667 | 1,996 | |
| Children in Need | - | - | - | 7,569 | |
| South Derbyshire District Council | - | 19,149 | 19,149 | 11,727 | |
| Garfield Weston Foundation | - | 15,000 | 15,000 | 7,500 | |
| Edward Gosling Fund | - | 10,000 | 10,000 | 10,000 | |
| Postcode Neighbourhood Trust | - | 12,055 | 12,055 | 9,998 | |
| Arnold Clark Community Fund | - | 167 | 167 | 833 | |
| Albert Hunt Trust | - | 6,898 | 6,898 | 3,333 | |
| Groundwork UK | - | 5,121 | 5,121 | 8,500 | |
| Derbyshire County Council | - | 11,201 | 11,201 | 7,414 | |
| Nationwide Charity Trust | - | 5,527 | 5,527 | - | |
| Severn Trent Community Fund | - | 4,950 | 4,950 | - | |
| Ann Rylands Charitable Trust | - | - | - | 3,000 | |
| Souter Charitable Trust | - | - | - | 5,000 | |
| Duke of Devonshire Charitable Trust | 3,750 | - | 3,750 | - | |
| Masonic Charitable Trust | 3,750 | - | 3,750 | - | |
| The Woodward Trust | 1,700 | - | 1,700 | - | |
| The Co-Op Charitable Foundation | 1,008 | - | 1,008 | - | |
| Derby City Council | 575 | - | 575 | - | |
| Souter Charitable Trust | 3,000 |
- |
3,000 |
- |
|
| 13,783 |
142,538 |
156,321 |
157,858 |
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FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
5. Interest receivable
| 5. | Interest receivable | |||
|---|---|---|---|---|
| Year to 31 | Year to | 31 | ||
| Mar 2024 | Mar 2023 | |||
| £ | £ | |||
| Bank interest receivable (unrestricted) | 405 |
80 |
||
| 6. | Other income | |||
| Year to 31 | Year to | 31 | ||
| Mar 2024 | Mar 2023 | |||
| £ | £ | |||
| Gift Aid | 364 | - | ||
| Sundry | 53 |
- |
||
| 417 |
- |
7. Total resources expended
| Staff costs Travel costs Other volunteer and family activity costs Insurance Fees Postage, stationery & telephone Premises costs Maintenance & renewals Training Sundry Fundraising |
Total Funds Year to 31 Mar 2024 £ 110,138 3,658 2,118 2,381 5,305 3,660 18,491 726 175 900 12,650 160,202 |
Total Funds Year to 31 Mar 2023 £ 89,268 2,879 4,020 2,034 6,604 4,313 18,905 437 50 487 10,849 139,846 |
|---|---|---|
Expenditure on charitable activities was £148,325 (2023: £128,997) of which £148,260 was restricted (2023 £128,997).
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FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
8. Net (expenditure)/income
Net (expenditure)/income for the year is stated after charging/(crediting):
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Independent Examiner’s Fees | 1,000 | 650 |
9. Directors and key management personnel
During the year Trustees did not receive remuneration.
The key management personnel of the charity consist of the Trustees, professional advisors and the Chief Executive Officer.
10. Employees
No employee earned more than £60,000 per annum. No Trustees were reimbursed for expenses.
The average number of staff employed by the charity during the financial year amounted to:
| Year to | Year to | |
|---|---|---|
| 31 Mar | 31 Mar | |
| 2024 | 2023 | |
| No | No | |
| Direct Charitable Staff | 4 | 4 |
| Governance | - |
- |
| 4 |
4 |
|
| aggregate payroll costs were: | ||
| Year to 31 | Year to 31 | |
| Mar 2024 | Mar 2023 | |
| £ | £ | |
| Wages and salaries | 98,721 | 80,364 |
| Social security costs | 4,077 | 2,569 |
| Pension | 7,340 | 6,335 |
| 110,138 |
89,268 |
The aggregate payroll costs were:
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FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
11. Debtors
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Debtors | ||
| Prepayments | 3,434 | 1,930 |
| Other debtors | 1,666 | - |
| -------------------------------- | -------------------------------- | |
| 5,100 | 1,930 | |
| ================================ | ================================ | |
| Creditors: Amounts falling due within one year | ||
| 2024 | 2023 | |
| £ | £ | |
| Deferred income | ||
| The National Lottery Community Fund | 12,696 | 12,447 |
| Postcode Neighbourhood Lottery | 1,094 | - |
| Garfield Weston Foundation | 7,500 | 7,500 |
| Albert Hint Trust | 2,000 | 667 |
| Armold Clarke Foundation | - | 167 |
| Derbyshire County Council | 2,910 | 2,471 |
| South Derbyshire District Council | 7,234 | 2,345 |
| Groundwork UK | - | 4,999 |
| Severn Trent Community Fund | 14,850 | - |
| Duke of Devonshire Charitable Trust | 1,250 | - |
| Masonic Charitable Trust | 1,250 | - |
| Nationwide | 21,001 | - |
| Trade creditors | ||
| Sundry expenses | 1,312 | 2,559 |
| -------------------------------- | -------------------------------- | |
| 73,097 | 33,155 | |
| ================================ | ================================ |
12. Creditors: Amounts falling due within one year
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FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
13. Statement of funds
General reserve Designated reserve Total unrestricted funds National Lottery Community Fund South Derbyshire DC Foundation Derbyshire Garfield Weston Foundation Edward Gosling Fund Postcode Neighbourhood Trust Arnold Clark Community Fund Albert Hunt Trust Groundwork UK (1) Groundwork UK (2) Derbyshire County Council Awards for All NCT Severn Trent Charitable Trust Total restricted funds Total funds |
At 1 April 2023 Incoming Outgoing Transfers £ £ £ £ 55,054 16,866 (65) (22,000) 15,000 - - 22,000 70,054 16,866 (65) - 14,710 45,805 (60,625) - - 19,149 (19,149) - - 1,667 (1,667) - - 15,000 (15,000) - - 10,000 (10,000) - - 12,055 (12,055) - - 167 (167) - - 6,898 (6,898) - (81) - - 81 2,860 5,121 (7,900) (81) - 11,201 (11,201) - - 4,998 (4,998) - - 5,527 (5,527) - - 4,950 (4,950) - 17,489 142,538 (160,137) - 87,543 159,404 (160,202) - |
At 31March 2024 £ 49,855 37,000 86,855 (110) - - - - - - - - - - - - - (110) 86,745 |
|---|---|---|
Designated Funds
The Directors have designated a fund for potential termination costs.
Restricted Funds
The National Lottery Community Fund was spent on core costs. South Derbyshire DC money was spent on core costs in South Derbyshire only Foundation Derbyshire money was spent on coordinator and volunteer costs. The Garfield Weston Foundation money was spent on core costs. Edward Gosling Fund was spent on core costs. Postcode Neighbourhood Trust funding was for core costs. Arnold Clark Community Fund funding was spent on core costs. Albert Hunt Trust funding was spent on core costs. Groundwork UK (1) money was spent post covid activities for children. Groundwork UK (2) money was spent on the cost of living support for disadvantaged children. Derbyshire County Council money was spent n South Derbyshire only. The Awards for All money was spent on the 5 Steps to 100 project. NCT money was spent on the 5 Steps to 100 project.
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FAMILY SUPPORT DERBYSHIRE LTD COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
The Severn Trent Charitable Trust funding was spent on core costs.
14. Analysis of net assets
| Tangible fixed assets Other net assets Unrestricted funds £ £ General reserve - 49,855 Designated Funds - 37,000 Restricted funds The National Lottery Community Fund - (266) Foundation Derbyshire - 156 Total restricted funds - (110) Total funds - 86,745 |
Total £ 49,855 37,000 (266) 156 (110) 86,745 |
|---|---|
15. Related party transactions
The charity had no related party transactions that required disclosure.
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