Charlty giStratIon number 1106460 Cofflpany registr•l•on numbw 05191052 (England and Wales) THE RELATIONSHIPS FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 1111 1111 *AC44YEP5• A13 COWANIES HthJSE
THE RELATIONSHIPS FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION TnJ5tee5 Jeremy Letroy Dingley Eleanor K4¢Cr¢e PNippa Tay Charlty numbtr 11C6460 Company number 05191052 pnCIpal Address FutLwe sInesS Centre The Hive Kings He(b3es Road Cambridge CB4 2HY Registered office Futtre SInesS Cerhtre The Hive ngs Hedges Road cambn.dge CB4 2HY Ind•Pdent examiner Richard F 4 Rhodfa Clawdd Offa Cjethgh DenbIghshe LL16 4RJ BankeTs Nati¢)nal liÈsknirtster Bk 56 StAndrth¥s Street Cambridge CB2 3DA
THE RELATIONSHIPS FOUNDATION TRUSTEES. REPORT (INCLUDING.DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 These dashd5 wèrt also used in researth.ng the rth tsf retsb"onthips in the quality of altemative provision for ¢xduded WFils as part of the IntegratEd prfrjrrn. Key themes frtyn mÈasLwes ol relation$h"ps in AP setDngs and lollow up qualitalive research were.. The idea of alternab've provision, at least for some pupils. The imFlicati of .5 is that It is 81s0 inappropriate for those whose neetls should be diagnosed and met wrthin rn•nstre schooling. Understanding and valuin9 the dTrsts'nctive role of AP is Indab"Onal to dcdng it wen. System inlegration and acwJnlabilrty. It rs dear Ihat Ihe effecbveness ofAP is tied to that of the system ofwhith they are part wth PUPEI outcomes shaped by the tribUtiOr of many 01$$105 and or9anisa"ons. The Care Quality CommissiLM'S lOtsng of Loca System Rewews was seen as a posib.ve experience by partieipats"r¥J Local ALthoritses and a similar approath COLdd help to ensure tt)at the cdlaborabve worf( needed to support vulnerable children and faMie$ was being enabled. AP leadership. Leadership of excellerf AP has the capauty io inffvence Ihe local syslem, develop the wability ol their stsff, ensure the sustainability of Ihe emotional labour of n9 in AP and ueate a strong relats'onal EulbJro. Thè risk is that excelleniAP 15 too dependent on loca r0e$ hw(xnes and lthng a 5hgnificant ptfsofbal tdi. We developed an aut(xnated repO.rj t¢x4 for the measurement of Relaty"onal Value in Integrated Care Systems lor the ole Systems Partnership. We subsequenty used this approach to supm RSA proiecl on preventing School exclusion, looking at system relab"onship5 in tlyee local authorib'es. Understanth'ng both the barriers to and enablers of cdlaborab'on wlhTrn loca systems is essenbal rf thè trnleX needs of the most vUknerae children and famih'es a to be addressed more eifecb'vdy. We began the final phase of our wcrfk with Suffc4k and NLvfdk SCITT and Cen University wth follow up interviews ol early career teachers who had trained at SNSCITT. The insights from these interviews are being used to devdop resoLrces lo use wth Ifainee leadws to guTrd8 them in (Jeveloping and susta.ning the support t)èfvnrks that arè èssents.al in Successful navi9"rtg earty cmr sxtssures and thalènges. We commen¢ed a major new projea the Inlemational 8oys sch Coaition to explo schools, use of technokjgy influenc45 relatiLShip5 betsyeen wimls and btheen PUFxls and teacher5. The first pha5E involved a survey ol member sthools more detriw measurement of relalionship5 ned for seven schoc45 in Ihe UK. Australia, Canad¥, US, South Alrica and Peru. The main focu5 of continuing wck business rdab"on5hip5 was SUPFwbng the publicatson and launth of the book"Is Corporate caprtlsrn the Best Wetrè Goi to Offerff Thi5 15 the end produd of a Icn9 running c£Alabcfation been Rèlationships Found"on and Relatsonal Rese1 mtsre rdational companies rnight best be promoted. We so conts.nue lo wr¥k wth a erk of smal cons¢t¥ as Ihey explrye ways tsf asse55ing and develong relationship5 Trbih and betrween cryardsations. È continued to act as tre host f the Keep Sunday Special Campai wlh its concem for the importance of shared ts'me for famity and community relth'onships. Ourirrfj the yew thi5 was largely a mon¢toring role in the absence ol govemment 8fforts to deregate SundayTrathn9. Finanthal review Thè attachtd accwnts show that the Foundalion inawred a defiol of £68.795 fw year. Free rèserves at the Ènd ofthe yearwere £96,036. Delays irt developing n•Af pmjèts due ¢0 the pandÈmK ueated a Ch¥knYJH tcrtext and WÈ arè ateth for the support of OLtr main grwt fijnder. Porticus. lhrowJhl this pw¢od. It is the pc4icy ol the charity that thrtsthetÈd funds vkn.ch have not teen designated for a speafic use should b# maintained at a level equivalent to bÈfv4een 3 and 6 monihs. salary costs. The trustets tDnsideT that rEser¥es at this level wll ensu that. in Ihe event of a sigrmfirant drcp in fvnding. they will be able to continue the thanty's current activities vthilè considefab.on 15 given to ways in additi.onal funds may be rw5ed. During the year the Exècub"ve Director wgne(I wrth exisling staff tsking C the rc4e of o>directors fo maximise the use of project funding. A lower cost base and more lo$ed pycied pNtrdio enaLles us to adhe to reserves policy. Thè truslees w41 continue to review thè finances on a monlhby b8*"S.
THE RELATIONSHIPS FOUNDATION TRUSTEES. REPORT IINCLUDING DIRECTORS, REPORD (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 The tnjstees have a duty to identify and review the risks to thich the tharity 15 eMPQSed and to ¢n5ure that appropriate controls are in F4ace to wovide feasonatle assurance against fraud error. The 5y5tems of intemal control designed tr prpvide r•asonabbe, but not absoluie. 855ur8nce agwnst misstatem1 and 105$. They indude". -8n annual budget apwoved by Ihe trustees -TegLdar written repcrts submrtied by the CEO -Tegul8r considerab.on of the firtrance5 by Ihe trustéts -identsfication and management ol risks. Every year the trustees Lmdertake a detsiled anaysis of thè risks facing the Foundation and ieceive a report at subsequent trustees. meel]"ng. They agree the strategsc risks facing thè orgisation mÈ8surÈs to be adopted to mstigate those risks. Structure, qovernn¢e and manaqemert The tharrty is a 07mpany kmrted by gu¥rantee urtder Ihe Companies Ad 200S. fc¥med and regulated by ils Memorandum and Arb'de5 of Assouation m 28 July 2004 as amended by speaal sut$on on 7 October 2004. The company was registwed by The Charity C¢ynmi5sion as a charity on 27 Oc1d 2CIM. Prior to incorporation as a ccffipany the chan'ty was governed by a Deed ofTru5L The trustèes, who are s0 the th"rectors for the purpose of xYnp3ny law. séN•d d[ng Ihe year and up to the date of sBJnature of the financial statements were". Jeremy Lefroy Sarah Dingley Eleanor McCroT Philip P¢Mell David Shamiri Ph"15ppa Taylor (Resigned 9 February 20231 (Resigned 23 August 2022) Invitsiions are extended from time to time by Ihe existing Injstees are also the mernbers of Ihe Company) to suitably qualified men and women to become trustees. A matn'x of trustees, interests and skills is rewewed every three yews. Ne%Y appointèd trustÈès art Fxovided vrylh a comprehensive pad( of indLFttion materials. intJuth"n9 a copy of the M8morandum and kndès Assotiats"on of the Cpafty and of the Trust Deed. They have induction wth fellow tmstees and Ihe Director and arè expÈdtd to Snd trme with other staff members, familiarising Ihemsejves wilh Ihe workn'ngs of the charity. Al tru5tee5 act as directors for assoriated bodies that The Relationships Foundatson maintsins. None ofthe truslees has any benefioa interest In the Cpany. All crfthe Irustees we members Lythe company and guarantee to cribUte £1 in the event of a winding Associated Bodies The Rel10ftlP5 Fwndaty"on owns 10J% of Ihè sharès and maintains the se(¥elariat for Juknlee House Ltd which recèives dcnation5 for the Keep Sunday Spèual projeq %thich a then used to fund and promote research and arnpwgns. Jubilee House Ltd aso developed copynght dashtrf)ards and assigned to The Relationships Foundation in the prewcxbs finanual year. The RiOnshipS Foundaiion also o¥ms 100% of the shares of Relational Analyts¢$ Ud bthich is domianL
THE RELATIONSHIPS FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Organisational stnjdurn The chgrrity is run on a dal(wlay ba$ by the Cirector. Any de"[¥ vknith w0d affect key aspeds of the thanty's policy or govemance are referred to the tnjstees for discJJssI at thwr meeb'ngs. which are held at least four trmes a yèar and usually more often. In estlShing g¢)vemance policies and procedures the trustees have been guided by the Charity Crffimission's SXFt4bshed athiice and guIdar. Follwng hi5 move toAystrolia Robert Loe as Chief Exeath"ve Offi¢er until 30April 2021 oversght of The Relationships Foundatyon. Rdational Schools. Keep knday Sperial and Jubilee Hwse Ltd. Neil Prern was Chief Operats'ng Offiw and tc)k over as Executive Director on 1 June 2020 in order to help manage a transition. Julia Manrwng wa5 Chief ExeoJts"ve Officer from 1 June 2021 to 28 February 2022. SirKe 1 March 2022 John Ashcroft, who has been vrith the Foundation Since its launch. has served as DirectN. fomiing an executive team ith James Griffin. Jeremy Lefroy as Char has taken sLe exeojtive responsibilities. The tsustees, report was apwoved by the Board ofTrustees. Jeremy Lefroy Trustee
THE RELATIONSHIPS FOUNDATION STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 AUGUST 2022 Th8 trustees. who ar• a150 Ihe (tir¢ctors of Thè Relth"onshps Foundation lor the pwpose ol company law. are respsible for preparing the Tru5tee5' Report the finanual statements in aCCordce aFYicabk and Unf¢ed Kingdom Accountyng Standards (Unrted TrQ"ngd¢yn Generamy Accepted Accwnb"ng Practice). Company Law wuires the trustees to pware financial statwnents for eath fKwi¢i year give a true and fair view of the state ol affairs of the char>ty of the incoming re5wrce5 and aMJli¢ab"on of resoLrces. ¥nduth"ng the income and expenth.r, of thè charrtAe comp&ty for Ihai year. In prèparing these finanu4 statements. the truse$ are requred to.. - select suitable accounting poliS and then them consistty. - observe the methods and yinctF4es in the Chities SORP. - rnakejud9ements and e5tirnate5 that art reasffiable Jen[ - stste vthether 8PF4icJle UK Accounting si8ndards have been fOlcwd. suiiect to any material departures disdosed and explained in the finarKbal statemerts.. and - prepare the financi4 statements the going ccfflcem basis unle5$ tt is inapsxopriate lo presurne that the charity 11 continue in werabon. The trustees are respon5it4e for keeping adeqLte accounting record5 thal disdose with reasonat4e accuracy at any b.rrte the finanrial posib.on of the tharity and ade them to enwe that the financial 5tstements comply vAth the Companies Act 2CQ6. They we also respr)nsible fw safewarding the assets ol the charity and hence for takj'ng reasIable stèps tr the Preventi arKI deteIC olfraLrd and other Mregujanlies.
THE RELATIONSHIPS FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE RELATIONSHIPS FOUNDATION I rewi to the trustees on my examinalion of the firwicial statements of The RelatiShIpS Foundation (the thanty) for the year ended 31 August 2022. Responsibilities and basis of report As the irustéès of the thaftty land also its thrÈdors lor the PLPOS$ of company lawl you are responsible lor the prepaTab"on of the finanual statements in aCCordce wth the rerwirements of the Comparue5 Act 20QS (the 2006 Act). Having sabsfied mysdf that the financial 5tatemerts of the ¢"ty are not Murred to be audKted und Part 16 of the 2008 Act and are eligible for irxlependenl examirwb"oft, I report in respect tsf my examinats'on of the charitys finanaal statements camed out under seth'on 145 of the Charitres Act 2011 {the 2011 Act). In carrying out my exaMina.0n I have Iollvd al the aFf4tcable DIreCtw uvven by the Charity Comfflission uNler section 145(51{b) of the 2011 Art Independent examinerfs Statement I have complèted my examinats"on. I confimi that no matters have come to my attention in connection with lh• examin81]"on giving MÈ cause to bdieve that in any malerial re5PèCt". acC(b"ng records wefè not kept in respecl of Ihe thrty as rewire¢l by section W of the 2006A¢( or the finanual ststements do not accord vmh those records,. or Ihe fin?nriaJ siatements do COmF4y with the accounlrng requirements of 5ecty.on 396 Of the 20C6 other than any requirernent thal Ihe accourts wve a true fair view vknich 15 not a Matter considered as part of an indepen(fent examinats'on., c Ihe finarKial statements have nol been prepared in aCcWdar wth the methods and prinaples of the Statement of Recommended Fbdjce for accounb.ng and reportyng by charilie5 appkn'cable to charttie5 kxepanng their accounts in accrffdwKe wth Ihe Financial Rwbng Slandwd aF•"cable in the UK and Republic ol Ireland IFRS 1021. I have no concems and have CLYne across no other matters in connectiLM the examinaticffl to which attentron should be drawn in thi's report in order to enat4e a proper UnderStding of Ihe financ4al statements to be reached. Rl¢hard F Hopp¢r 4 Rhodla c1wd Crffa Denbigh Denbighshirè LL16 4RJ
THE RELATIONSHIPS FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST2022 Unrestricted Unrestricted funds fund5 2022 2021 Donations and legacies Charitatle activbties InvèstmÈnts 83,834 51.191 192,$41 62.351 Total incoffle 135.033 254,893 endilure on: Chorit8ble activib"e$ ' 203,828 303,896 Net expenditure forthe yearl Net rnovern?nt in fund$ 168,7951 149,QJ31 Fund balanrE$ at 1 Swmber 2021 164.831 213.834 Fund balances at 31 August 2022 96,036 164,831 The statement of financial activibes indudes all gains and losstrs rtcognised in the ar. All incom• and ¢enth.re derive from conlinuiny athib•&" The stalement ol finwKial acb'vities also complie5 *ith the rewirements income and exditUre account underthe Companies Act 20C6.
THE RELATIONSHIPS FOUNDATION BALANCE SHEET ASAT31 AUGUST 2022 22 2021 NLe5 Flxed assets Inlangit4e assets Tangible asset5 10 11 67,700 101,549 1.319 68.580 102.868 Currvnt a55ets Debtors Cash al ba( * in hand 12 7.9 4.597 123.333 43.423 127,930 Cyedttors". amounts falling du• within one year 13 (15.96n (65,96n Net rArnt assets 27.456 61, Total assets l•ss Cut liabilities 164,831 Income funds Untè5tricted funds 164.831 96,036 164.831 The company is entttled to the exemplion frcrfn the audt requIremt contained in section 477 of the Companies Act 20C6, for the year ended 31 August 2022. The threctors ackntr¢dge their respons1ix1es for comF4ying ith the UirementS of the CnpanI•S Act 26 th respect to accountir¥J records and the weparab.on of final slateinerts. have not required the company tD oknn an auat of ils finwK4al ststpments ts thè year in quesbpn in awdance seclion 478. These final statements h¥ve I) prepare(l in accor(lance 7Mih the w0¥75ions ap'tat4e to tompanie5 subject to the small companies regime. JeTrmy Lefroy Trustee Company registration number 05191052
THE RELATIONSHIPS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 Accounting policies Charity iThforniation The Relationships Foundats"on Is a trri¥ate cempany limited by guarantee lncoipated in England and es. The registered offits is Futtffe pinesS Centrè. The Hi¥e. Kin9s He(Jges Road, Camtm"dge, C84 2HY. 1.1 Accounting convention The financial statemenls have been prepared in accordancè Ihè charivs Igoveming d0mentI, Ihè Companies Act 2006. FRS 102 The Financial Reportrng Standard applicable in the UK and Republic of Irelantt I"FRS 10Y) and the Charth'es SORP 'AcCoting and Reporty"ng by Charibes.. Sternent of Recommended Prath"ce ar4icable to thathies preparing their accounts in CordanCe wth the Financial Reporting Standard applicAe in the UK and Rewtl'c of Ireland IFRS 1021. (effective 1 Jarttsary 2D19). The tharity is a PUNIC Benefit Enlty as defined by FRS 102. The tharity has taken advantsge of ts proviSiry in the SORP for dwtties Mt to prepare a Statement of Cash Flows. The finla1 statments are wepared stertry, is the fvnclional currency of the tharity. Monetary ounts in these finanual statements are rwnded to the ne¥est £ The fe4a1 sktements have been prepared under Ihe histl¢al g)st ¢MventiM. The prinapal accounling pcliaes adopted are set out 1.2 Goin9 coneern At the time approving the financial statements. the trustees have a reasonabte expedats.cn that the charity has adetwate resoLKces to conts'nue in Operab"ral sIenCe the foreseeable fvlure. Thus the trustees CU8 to a(%)pt thé going CLMcem tsa$ of accthjnbng in preparing the fjnanaal ststements. 1.3 Chabitable funds Unrestricted fvjnds are avlaNe for Use at the thscrdim of tr trusiees in fvrth¢r8 of Ihtyr thwitable cknj'ectives. Restricted fijnds are sufy'ect to speryfic condth'cns by dorM%s as hcw they may be used. The purposes ¥nd Uses of the restricted funds are set out in the notes to the finanu815talements. Endwment fvTrJs we Sle¢1 to SP2fiC COnth"tic5 by donots Ihat thè caprtal must be maintainèd by Ihè charity. 1.4 Income Incomè is rectsgnised when Ihe charity is legally ed to it after any perfmance condthons have been met, the ¥mount5 can be measLTed reSabty, armj il is probable thal irKome will be rec&ved. Cash donab.ons are recognised on fBceipL d¢tiOnS are recognised once the charity has been nots'fied of Ihe donation. unles5 pwhrniCe conthlions requsre deferral cl thè amnl Inwme tax recoverable in elats.on to donab'ons received under Gitl Aid or deeds of covenant is recognisèd at the tsme ol the donation. Legacies are recogTh5ed cn recept w otherv+ise il Ihè tharity ha5 en notffied of an impending di51ribulion. the amount is known, and receipt is eycled. 11 the amoLrt is not kncvm, the legacy 15 treated as a cOntingt asset
THE RELATIONSHIPS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 AUGUST 2022 Accounting potscies (Continued) 1.S Expenditure Expenditu is rnGDgnised orKe there is a leg81 or constructive obligab.on to transfer economic benefit to a third party. rt Is wobable that a transfer ew)om¢c beneffts 41 be rewired n sdilemrt and the amount of the obligation can measured rdiatAy. Exwdilure is classified by adivity. The costs of each ath.vity We made of the total of threct costs and shared costs. induding supwjrt cost5 invdved in undertaking each activTrty. Direct Costs attn'butable to a single aCVitY are allocated diredy to that ath"wty. Shared c051$ vknich ccrttribLrte to more than one activsty and support costs whith are not att11ttable to a single acts.vity we apporb.oned behveen those ath"vitses on a basi$ consistent with the use of resources. Cwtral staff costs allocated on the Is"5 of b.me spen( and depreciation cwes are allocated on the portyon of assets Use. 1.6 Research and development expenditu S¢gnificant development expEndFiure wh.th is experted have use over a number of years is capitalised in th• Balance Sheet and amortid over its expected usefvl lrfe. oar reseth expen¢"lure is 44Titten cll against profits in the year in whith it IS ID¢uFred. 1.7 Intangible fixed assets other than goodwiu IntangiNe assets awuired separately frorn a IsineSS are cognSed at cost and are sub5equenrfy measured at cost less accumulated wnNtisatic) and ac(YNn1ed impawmerrt losses. Intangle assets acquired on bJsiness combinats"Ls Tecognised separately from goodwsll at the acquisib.on date re it is wobat4è that Ihe exFected lubjre economic benefits that are attritxrtable to the asset will flow to the enkn.ty and the fair value of the asset be measured reliably". the intangible ass arise$ from.contra¢tral or other legal rights.. end the inw9itsle asset ts separa from the enbty. AmorbsatiLm is recognised so as to wrtite Ihe cost c valuatKm of a35ets less their resi¢JJal values over their Useft lives the bases: Development costs in ew inslalments over five years 1.8 Tangible ftxed assels TangitrAe fixed a55ets are iiytyalty measured at C05t and subsequenlly measwed at COSt ry valuatirffl. net of depreaab'on and any impaiment losses. Depreuaticffj is recognised so as to Tite off the cost w Valuati of assets less their residual values over the uselul lives on the fdlowng bases.. C¢xnputers 33.33% p.a. rm net value The gain or Ios5 aT15ing on the dIsp)S of an asset is detemiined as the difference betsveen the sale proceeds ar>d the carrying vatue ofthe asse( is recowised in the slatement of financial acaivitses. 1.9 Impairment of fbxed assets At each reporbng L)nd date, the tharity ts•4¥$ Ihe caryying amount5 of it5 tangible and ifitsnge assets to dèiÈmtine whethÈr there is any Indicats"on thal those assets have suffered an impairment 10$5. If any such irmlication exists, the recoverable amount ol the asset is estimated in order to deiemine the extent of the impairment Ios51rf any). 1.10 Cash and cash equivalents Cash and cash equivalents inthde cash in hand, deposits held at caH wth banks, olher shcrt-tem) liquid investrnents wsth original matunb.es three months or I. and bank overdrarts. overdrafts are shown with"n boffo4bings in cutrert liabilibes. 10-
THE RELATIONSHIPS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Aecounting polie$ Icontinuedl 1.11 Financial in5trumenl$ The charlty has elected to ¥PFly the FYowsson5 Sediw 11 'Ba"G Financ4al Instrurnents. and Seth"Dn 12 'Olher Financi In5truments15sues' of FRS 102 to al of tts finKial instruwnerrts. Financial Instrurnerbts ale recognised d)ariV5 baknr2 tht vkn Ihe thanty becomes party to the contractual provisions ofthe instrument Financial assets and IT¥h"b"es are offst, vkn Ihe Ttet aM¢S presenteo in the finanoal statements. en Ihere Is a legally enforcealJe right to sel off the recognised ancNJrrts and there is intenb.on to seltle rm a net basis OT to realise the asset and setue tr lilty swnLdtaneousty. Basic financial assets Basic finanri31 assets, whith indude debt5 and cash and bank balancts. are initialty measured at transaction wce indknng transacti costs and are subsequentty carried at amorb.sed cosi vsing tt)e effective interest method urless Ihe arrangTrent CstitUteS 8 financirtg tr8ns8cbon. Nthere the transaction is measu at the present value of the fijture pts di5tOLffited at a maTket rate of intere5L Finanual assets dassified as rerEivable V•ithin year are not anorb"5ed. B•i¢ ffnancialliatslibes Basic financial liatililies, induding (dItorS and bank lo$ are iritial reccsnised at transaction pnct unless the afrangement ¢CStitsjtes a fiTranang transacticffl, vthere the debt instrument Is measLre(l at the prèsènt value ol the futsjre payments discounted at a mthet rate of interest Financial liablities dassified as p8y8ble thin ane year are not amort"bsèd. Debt instrmnents arè subsequenlly wied at amrlised cost. using the effective interest rate melh)d. Trade crÈdrtors are ok4igats.ans to pay for gcods or services that have acquirèd in thè ordinary course ol operats'ofts from sUp1¢r5. Am¢wnts p8yat4e are classthed as ojrrent liabiltb"Ès rf payment is due within one year or less. If not. they are presented as liabilibès. Trade creditors are recogni5ed 5nitially at transaction wce and subsewenlly measured at Wncwh.s cost 9 the effective interest Method. Dérnwgnitlon ol Ilnanelal Ilabllltles Financial liatx'lities are derecognised vthen ts Ch"5 cmtra(*J81 ot4igations exsMTe are di$Gh8rged or cancelled. 1.12 Employee benèfits The cost of any wused hc4iday enbllement is recogni5ed Ihe period in whith the employee's ser¥ice$ are received. Termination Eoneffts are recognised immeoThatety as an expense en lh• charrty is demonstrably committed to terminate the employment of an employee or to FYOVKle terminab.on benefits. 1.13 Retiremont benerrts Payrnenls to defined ¢ontrbulioi retr"remwrt bel1 $d?e$ are charged as an expense 85 they fall due. 11
THE RELATIONSHIPS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Critical accounting estimates and judgements In the application of the charitys acc{rt.rvj polcaes, the tru5tee5 arÈ reqLured to make judgements. estimates and assumptions abtsjt the carrying am01 ol assets and liakn"lib"es that are not readity appafenl from other 50urcps. Thc estimes and asrriated assuwnWMS a based on historical e>perience Wbd other facknTS Ih8t are cc#)s1ded to t relevant Actual resdts may differ from these estimates. The e5b"rnate5 and urKlety"ng a55LvnplJ'ons are revvwed ongoing basÈ& Rewsions to accounting estimates are Tecogni5ed in the period in lch the estimate 15 revised where the revision affects only that period, or in the penod of the revision and future (lS whwe the Vision affects both current and fvrture periods. Donation$ and Icg4¢ies Unrestricted Unfestsicted fvnds funds 2022 2021 Donations grfls Grant income 35.634 48,200 37.537 155.004 83.834 192.541 Charitable activities Charbtable Charitable Income Income 2022 2021 Sales of publications Project income Other irne 299 49.595 1,297 194 57,663 4,494 51.191 62,351 Investments Unrestricted Unrestricted funds funds 2022 2021 Interest re¢Vable 12-
THE RELATIONSHIPS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Charitable activities Charitable Charitbl• Expenditure Expenditure 2022 2021 Staff costs Depreciation and impaimient Other direci proiect expenses 131.608 34.288 19,150 211,820 35,477 29,612 185.046 276,919 Share of SLWOrt costs (see note 7) Share of govemance costs Ise8 note n 17,433 1,349 25.367 1.620 203,828 303.896 . Support ¢osts Support Governance casts Costs 2022 Support Governance costs ¢osts 2021 Premises expenses Administrative exp 7,857 9.576 7.857 9.578 15,803 15.803 Ac¢ountancy TTUStees' expenses 1.2 1.2CIJ 149 1.2 420 1,200 420 17,433 1.349 18,782 25.367 1,620 26,987 Anatysed bthe ChaTitat4e aciiwties 17,433 1.349 18.782 25.367 1.620 26,987 Govemance costs includes payments to the ind4dent examiner of £1.200 {2021- £1.2001 for independent examination and accounts weparati(m fees. Trustees None of the truste lor peTSLY)s Conn wilh them) recer¥ed any rewrtmeration or benefits from the ch•ity during the year. 13-
THE RELATIONSHIPS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2022 Employe Th¢ avera monthty number ofemFloyees during Ihè yearwas.. 2022 Numb•r 2021 Number Research. Managernt and 5 Employmert ¢osts 2022 2021 Wages and 5alarie5 s"al seturity costs Other pension costs 116.560 8,104 188,606 15.949 7.265 131.008 211,820 10 Intan9ible fixed assets Cost At 1 September 2021 and 31 August 2022 169,248 AMOrtisaOn and impairment At 1 September 2021 Arnonis*l( charyed for the year 67,699 33,849 At 31 August 2022 101,548 Canying amount At 31 August 2022 67.700 At 31 August 2tr21 101,549 14-
THE RELATIONSHIPS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 11 Tangible fixed assets Computsr8 Cost At 1 September 2021 1.978 Al 31 August 2022 1,978 Depreelatlon and Impalrnient At 1 September 2021 Deprecialtcn charged in the year 439 At 31 Au9USt 23 1.098 Carrying amount At 31 August 2022 At 31 August 2021 1.319 12 Debtors 2022 Amounts faNing due withln one year.. Trade debtors Other debtors Prepayments and &cJiJed income 6.260 1,325 1,085 4.597 13 CreditOf5.' amounts falling due withln one year 2022 2021 ¢)her taxation and soua Slty Delerred inccme Trade cfeditors Olher creditors Acfflials ¥nd deferred inrpme 1.785 4,136 58.(HJO 257 2,174 1,400 14 2.838 1.2) 15,%7 65,967 14 Defer¥ed income 2022 2021 Other deferred income 9.800 58.000 15-
THE RELATIONSHIPS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2022 14 DÈferrnd income (Continued) Deferred income is induded in the finanual $taiements as fc4hxs.' 2012 2021 D8férred income is induded Vilhin". Current li8knlrties 9.800 58.000 Movèments in thè ytar. Defetred income at 1 September 2021 Released frrm prewous periods ResourcÈs deferred in the year 58.000 148,2001 58.000 Deferred income at 31 Auwst 2022 9.800 58.000 15 Relat•d party transathons Transactlons with related partiès DLrring the year the tharity entered into the lollthmng Iransacti(ss vthh retated parties. The charity 100% of Jubilee Hrjjse ts'mite(I (Co No 82426361 vthich was dormani throuyhout the y apart from receiwng £3,193 donations fty the of ts F¢xmdation and bth.ch rt passed M trj the charity after deducb.on of related bank tharges. 16-