Charity Registration No. 1107013 FORUM CIO ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Fawley Judge & Easton Chartered Certified Accountants 1 Parliament Street Hull Ea$t Yorkshire HU1 2AS FORUM CIO LEGAL AND ADMINISTRATIVE INFORMATION TYu$tees r S Allioft MST ALamb P Van Der Zande K Stevenson Ms P Oluotch Ms C Bishop (Appointed 23 July 2023) Charity number 1107013 Auditor Fawley Judge & Easton Chartered Certified ArKoun18nls 1 P3di3menl st￿et Hull Ea51 Yorkshire HU12AS FORUM CIO CONTENTS Page Twslees. report Stslem&nl of Trustees, responsibilities Indcpendenl auditorfs ￿port 9-11 Slalemenl of financial acttvlties 12 Balance sheet 13 Statement of c?sh Ilows 14 Notes lo the financial ststements 15-25 FORUM CIO TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present Iheir annual report and financial statements for the year ended 31 March 2024. The financial slalements have been prepared in accordance with the accounting policies set out in note I lo the fin8ncial statements and comply with the Gharttrrfs goveming document, the Charilias Act 2011 and 'Accoui)Iing and Reporting by Charities.. Statement of Recommended Praclice applicable to charikn.es Prepa￿ng their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffe¢tlV8 1 January 20191" ObjectSves and activities Forum's Gharitable objectives are". To promote any ch8riEable purpose for the benefil ol the community in North Yorkshire. South Yorkshire, West Yorkshire, the E.ast Riding of Yorkshire and Kingston Upon Hull and Noth Lincolnshire and Norlh East Lin¢Dlnshire Ihereinafter c311ed 'lhe area of benefifi and in particvlar the protection ol health, and the relief of poveriy. (t1slre and sickness, and in the furtherance of said purposes, bul not further or otherwise, to prornole and org2nise co- operation in the achievement of the same and t9 Ihal end to bring together representatives of voluntary organisalions and stalulory authorities within Ihe arèa of benefit. The Trustees have referred lo and paid due regard lo the Charity Commission's gèneral guidance on public benefft when reviewing Forum aims and objectives and in planning future activities. In particular, the Trustees consider how planned activities will contribute lo the aims and objecttves they have sel. Forum works to raise the profile of the voluntary 8nd wmmunity sector al all levels and to prornote the benef11£ of engaging with people 8nd communities who are marginalised or disadvantaged. All Ihe aclivEts"es. p¥oiects and initiatives that Fonjrn undèrtakes are for the be￿e11t ol the users, volunteers and employees of our member org8nisations and other voluntary org3nis31ions, and communities in our area of benefit. We work on beh31f ol more than 300 health 8nd sociel care organisalions operating in Yorkshire and the Humber region. We work to ensur6 that.. The inéependenl Vol￿ of the not-for-profil sector is listened to by key public sector deiision-mak8rs and funders. Our member organisati¢)ns and the groups and communities we support have Ihe information, knowledge. skills and resources ￿e￿$Sary to shape, influence and deliver services. Ptssitive workinq relationships wilhin and across the not-for-profil sector and other pathers are prornoted. The views ol communib'es and membefs of the public are taken into account in the rtevelDpmp.nl, design. implemenlation and review ol local services. The Trustees Iik)V(è paid due regard lo guidance issued by the Cliyrity Commission in deciding ￿that activities Ihe charity should undertake. FORUM CIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 During the financial year ending March 2024, ForLÈm delivered the follow¢ng prDjecls'. Calderdale VSI Alliance (voluntary sector infrastructure SUPPOrtI, funded by Calderdale Metropolitan Borough Council and the Calderdale Cares Partnership. Se¢loT Support North East Lincolnshire. fvnded by Noth Easi Lin¢oln5hire Council and the North East Lincolnshire Health and Care Partnership. Seclor Connect Hull. funded by Hull Ctty CDun¢il and delivered in partnership with Hull CVS. Community Navigation Itiwide social prescribing programmel, funded by Hull Cily Council. Hull Poverby Tnjth Commission, funded by Hull City Council, bringing together people with lived experience of slrug91ing against poverty and the civic and business leaders Ihal make decision5 which impar.1 on their lives. Pvmary ca￿ Social Prescribing Link Worker Service. based in the Symphonie. Acclaim arTrd Haxby Primary Care NelwDrk5 in Hull. The Humber and North Yoikshire Heallh and Care Partnership VCSE Collaborative. which is designed to support the voluntary and communily seclor in both Hull and North East Lin¢olnshire lo Influence the strategic dAvelopment of the Inlegraled Care System. This also includes strategic repr&sentalion in lerms ol both the Hull Health and Care Partnership and the North Easl Lincolnshire Health and Gare Parinership and a5so¢iated silb￿rOups. Funding has also been made av8i18ble lo faciliiale specific pieces of work on behall of the wider Partnership, including engagemeni around v8ccknalion and Immunisation and use ol the NHSApp. Forum Consultancy, which locuses on organisalional development services provided directly to. and funded by, members, VCS organisalions and other stakeholders in the region. The administration and management ol a nurnber of strategic grants programmes targeled at voluntary and community seclor groups and organisatsons. Newslellets, E-Bulletins 8nd briefing papers have been produced regularty lo Inform our members and subscribers of local, regional and national issues. Over the past year we have also re-bianded the organisatson and produced a new web5ile as a single poÈnt of contact for individuals and groups and organisations Wdnting io access OUT SerVi￿s. Facilitating the Hull VCSE Assembly. which provides a regular network and engagement opportunity for a diverse range ol voluntary and community sector groups and organisalions. Leading on the development of the New Models of Commissioning Programme, which is designed to in¢rea5e and rnaximise opportunities for the VCSE to contribute to integrated service delivery in Hull. Leading on the development and management of the new Settling In Service Hospital Discharge Programme to facilitate the effective and safe dischBrge of patien18 froni acute settings through c ordinated support from a collaborative of voluntary and communrty sector groups and organisalioiis. Volunteers Across all its projects. Fonjm supports hundreds of voluntsry OffJanisations 3tKJ the significant Gonlribub'on of the volunteer5 Wlthin thèse organisations 15 gieady valued. Within our work in the Calderdale VSI Alliance we directly manage the volLJnleer brokerage seN1￿, prowde training and support to organisalions arounrs volunte&ring good pra¢tice anLI 8¢1 as the key link foi the mobilisalion of 8 Co-ordinated Valurileer Hub providing tsrgeted volunle8r support. FORUM CIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achievements and performance The Trustees are pleased to pr8sent their report and financial slalements for Forum£lO for the yèar ended 31st March 2024. Beyor*d the challenges presented by the pandemic and cited in our previous year's report. Forum CIO has continued lo bè presented with longei lerm challeiiges associated wlh the social, h&alth and economic Ineoualities Gavsed by Ihe continued Incre2ses in the cost ol livtng for Ouf local communi*ip8. Our sector has continued to adapl and innovate to respond tr) the challenges and change across our operational landscape. Forum CIO is proud th31 amKisl these unprecedented limes the value of our services and support remains slronq and we are well-posilioned lo be 8 key playèr in this complex landscape. The role the Forum CIO continues to play as 3 key inlrastruclure organisalion across our aroa of benefit. bringing togelliei voluntary and statutory Sector organisalions lo lacFJe health and Jroci81 inequalities. remains vital. 11 is evidenl the voice ol Ihe sector is becoming increasingly important in decisiorFmaking forlims. Ensuring Lhe voice is heard. and action is taken as a resuli. is even more vilal. 11 is clear there is a job to do and as Tru5tètss we are eonfident Fonjm CIO is well-posilioned to do this. FONM CIO Trustees are proud of the achlevements of Ihe organlsation sn the last year. in partictjlar: Ils role in Ihe work lo develop new. integrated models ol wmmissioning in Hull. The new commissioning principles proposed Pfesent an oppthunily to increase the rde of the VSCES as key delivery partner alongside public sector organisations and introduce ways of wi)Yking that would enable more effective partnership and collaborative arrangpmenls. Maintaining the oryanisation's financial stability, which is reflected by the level of free reserJes held IhroLHJhout the year. The development of business continuity and risk management plans and procedures that underpin Forum's suslainabilily and signal its organisalional maturity. 11 has also beefi fantastic lo hear of the eng8gement during the ye8r with Fonjm CIO employees In relation lo health and wellbesng 3Gtivities and support. The executive team and Trustees reGogrLIS8 the growing importan¢e ol looking after our people to ensure we can ¢ontinue to look after others. The Trustees want to thank ihe senior management team and wider team for their continued 8iipport and comrnilmenl throughout this year and for ensuring Forum is fulure proof. FORUM CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charitable activities Amongst the charilable activities Ca￿led oul by Forum CIO during Ihe ojrrent year are Ihe lollowing." Forum CIO has continLied lo provide an infrastructure support service in Calderdale by worting a5 part of wider volunlary and community sector Alliance. This has included the management of a volunteer brokerage service. Seclor Support North East Lincolnshire staff have continued Io Provide voluntary and commun1ty sector infr2st¥uclure support seNices auoss the borough in partnership with the North East Lincolnshire VCSE Alliance. This indudes focused on developing a mental health alliance and community food initiative5. The Community Navigaiion and the Primary Care Soual Prescrtbing Link Worker Service conlinue. lo support palients and members of the public 10 tackle barriers and access service5 across the cily. Tha Chief Officer and the Sector Support North East Lincolnsh5re Delivery Manager act 8$ representstives for Hull and North East Lincolnshire 01? the Humber and North Yorkshire Health and Care Partnership VCSE Cullaborative. The Chief Officer chairs the group. which has faGililated voluntary sector in1Uen￿ into the strategic development of the Integrated Car6 System and represents the wider VCSE oft the sysrem- level Integrat8d Care Board The Sector Connect Hull VCSE Infr8sttucture Support serviGe provides I￿E adviee and guidance to voluntary groups, charities and social businesses in Hull. The Hull Poverty Tnith Commission brings IDgether a consortium of 13 organisalions to recruit and work with Community Commissioners over a two-year period. The project is part of 3 national network ol Povety Truth CommissioHs, aiming to create local system thanges that make a real difference and Improve the lives of people struggling against povety. In Calderdale, Forum CIO has supported the engagement and participation ol loeal voluntary and Community seclor groups and organisalion5 In the work of the Calderdale Cares Board. This w'i15 pro'jide opporkunilies lor the inlegration ol voluntary and community sector service provision inlo new health and social care arrangei7)&nts via the development of a VCSE Assembly and other networks. Through the development of our ￿mMUnItY engagement portFolio and the administration of small grant programmes we have supported local groups and organis2tlOn5 to deliveT targeted aclivili lo their members, aimed ai improving hèalth and social care oUtcon￿$ for communities experipncing heatth Inequalities. We hAve adopted a development and empowernient model lo support this work. Intemal and external factors In common with all voluntary and community organisations. Forum CIO conlinues to seek sustainable funding fDr ils re and project-based activities lo build on the strong foundab'ons It has developed. particulady over the period of review and growth Ihal il has undergone in Ihe past six years. While the charity continue5 to re¢eive the Im3y)rily of ils funding by delivering commissioned services. siaff and trustees will consider all new and relevant opportunities that arise from identified need in the communities we operate in, as well 8$ changes in local, regional or national priorities. Administration Forum CIO continuously reviews its 8dminislrative Policies and Pfo¢edures and has developed a numb&r of Stsndard Operating Procedures over the past year. We are proactive in supporting both the Mindlul Emtdoyer and the Fundraising Standaids Board elbos and protoGDIs. During the ye3r Forum CIO has employed a staff team of thirty￿ne. divided beiween Lowgare House (Hknlll. Centre 4 IGrimsby) and The Resource Centre {Halifaxl. Forum CIO has also secured additional premises in Hull in order lo develop a separate meetin9 and events space within Ihe Prin¢os Quay shopping cenlre. The Community Navsgalion Service operates from this sile In order to provide easy access lo members of Lhe public and the space is also available for hire by both voluntary and Community seclor partners. The development of FonJm@PQ has been a significant achieveinenl. ond the sile has been well-ulilised over the past year. FORUM CIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Financial review It is the policy of the charity that unrestricted funds which have not been desi9Traled for a specific use should be mainlaiTied al d level equivalent lo between three- and six-months, expendrtufe. In the 2023-2024 financi81 year, Forum CIO continueol lo see a rise in income. As withiii previous years this was due in part tr) the maftaoenienl of restricted gfdnl funds behalf of the sector. Free ￿se[veS stsnd 81 £478,F72. equab'ng to 8pproxim3lely four months, running costs", this level of reserves has been maintained throughout the year. Thp. Trustees consider Ihal reserves al this level will ensure that. in the event of a significant drop in fun.ding. the charily's current Bclivities can continue to run while consideration is given to ways in which additional funds may be raised. Reserves are monitoretJ on a quarterty cycle by Ihe truslee body lo ensure that the chartty works consistenNy towards the level sel out in the policy, and to ensure that reserves are pul lo work and inve>ted in neiv serVi￿S where a need is idèntified. Principal funding sources The piincipal funding sources for the Organlsation are.. Calderdale MetropDlitan Borough Council 8nd the CalderdaEe Cares Partnership Hull City Council and the Hull Health and Care Partnership North EasE Lincolnshire Council and Ihe North East Lincolnshire Health and Care Partnership Wesl Yorkshire Comblned Aulhofity NHS England Humber and North Yorkshire Health and Care Partnership Symphonie, Acclairn and Haxby Primary Care Ne￿OrkS (Hull) The Tru51e8s have assessed the major rÉsks to which the charity is expos8d, and are salisfted th31 systems are in pl3ce lo miligale exposure lo Ihe major risks. Both the organisalional nsk register and the organisalion318usiiiess Continuity Plan have beeii reiw8wed and updated by Trustees over the past year. FORUM CIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Plans for future periods Arnongsl future Flans of the organis8b.on 8r$ the following a¢tivitlgS'. Further our involvement in the Humber 8nd North Yorkshire Health and Care PartneF5hip VCSE CollaboralivÈ. This will include ensuring Ihal the volun13ry and community sector is Integrated inio new and emerging slfuclures al both a system and place level, maximising lutvie service opportunEt%es. Supporting the integration of the voluntary and commur*ty sector inlo a co-ordinaleo comrnunity servi offer in bolb Hull and North East Lillcolnshire.. Identifying lulure development opportunities on a local and regional levd linked lo enhancing the capacity and capabilrty ol Ihe sector lo deliver serwces in a changing strategic landscape. Expanding Forum CIO s portfolio of charged-for ServI￿S to the voluntary and community sector. funders ancl slatulory ageN¢ies. Expanding our role in supporting w-ordinated community engagement activity, ensuring that all grDUPS and Communities have an opportunily lo contribute lo the developrnenl of emerging plans and services. Contributing to the development of both the lived experien￿ and trauma informed agendas in Hull. Work1ng with groups and urganisations lo develop slrong service delivery collabor&lives to collectively delivcr integrated services as part of wider health and social care service Iransformalion. Leading on the delivery of the Community Inclusion Plan. Designing and developing the secorld phase ol Hull's Poverty Truth commiss￿On, with a locus on communitios experiencing health inequalities. Supporting Ihe dèvelopment ol a sirategic Povety Partnership to btFng logeth8T inilialives working on food. fuel and finance to develop a ¢o-ordinaied approach io working pl￿actiVelY with our MDSI vulnerable cominunities. Work arouncl the volunts¥y and community sèctor's digit81 maturity and the development of fiisl stage of a volunttiry and community sector dat8 dashboard. Slrenglhening and developing VCSE networkirig opportunities including the VCSE Assembly model in Hull and North East Lincolnshire. StructUTei governance and management Forum is a Charitable Incorporated Organisation. It is a registered charity in England and Wales. regislralH)n number 1107013. The goveming document Is a constitution. The Chief Officer and his staff report to the TTUStees thiough discussions and wrillon reports al meetings held on a quarterly basis. The Trustees ivho served during thè year and up lo the date of signature of the financial statements were.. Mr S Allloft MsTALamb P Van De¥ Z8nde K Stevenson Ms P Oluotch Ms C Bishop (Appointed 23 July 20231 FORUM CIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Recruilrnenl and appoinlmenl of new Truslees Trustees are gpnefally 3ppoinled from within the membership ol the charity, and by ihe members of Ihe charily. Trustees can be co-opted lo supply additional expertise not found within the membership. Where this is deemed necessary, trustee re¢ruilmenl will be undertaken through an open process and ratified ihrouqh the annual general meeting. or a meeling held for that purpose. None of the Tiustpes has any beneficial inlerest in the company, unles5 where allowablè in the goveming document and stated in related party transactions. Org8nisalional structure The Chief Officer and his slaff re￿rt to the Trustee5 via personal discussions and rneelings held on a quarterly basis. Induction and traintng of new Trustees New trusiees aro given a full induction programme designed by Ihe company's managemenl and all Iruslees are given acTrs5 to 811 Iraining malerials. Related parties FonJm, by its nature, works with member organisation5. The Trustees are generally drawn from this membership. Any transactions ivilh member organisalions are carried out within the criteria established for each proje¢l and in line with the urganisation's Conflict of Inlaresl policy. The Trustees. report was approved by the Board of Trustees. Ms C Bishop Trustee 12 December 2024 FORUM CIO STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The Truslees are responsible for preparing the fwstges. R&port and the financial stalemenls in accordance with appli¢ab1e law and United Kingdom Accounling Standards (United Kingdom Generally Accepled Accounting Practicel. The law applicable lo charities in England and Wales requires the Tfuslees to prepare financial slalemeA15 lor each rinancial year which give 3 true and fair view of the stale of affairs of th& charily and of Lhe Incoming resources 3nd application of resour￿$ of the ch8rily fer Ihat year. In preparing Ihese fin3ncial statements, the Trustees are required lo.. selecl suitable accounting policies and thell apply them ¢onsistenUy' observe the melhoo15 and prinGiples in Ilie Charities SORP; make judgements and estimates that are reasonable and prudent- state whether applicable accounting standards have been followed. subject to any material departures di5dus8d and explained in the financial stalemenls.. and prepare the financial ststements on the going concern basis unless it is inappropriate to presume Ihal the charity ill continue in operation. The Trustees are Tesponsible for keeping suffi¢ienl accounting records Ihal disclose with reasonable accuracy al any lime the financial posrtion of the charity and enable therrt to ensure that the financial ststements comply with the Charities Act 2011, the Charity IAccounts and Reports) Regulations 20a8 arid the provisions of the trust deed. They 8re also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. FORUM CIO INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF FORUM CIO Opinion e have audited the financial Sta￿ments of Forum CIO Ithe 'charily'l for the year ended J1 March 2024 which Comprise the stateinent of financial ¥¢livities. the balance sheet, the slalernenl of cash flows and notes to the financial slalemenls, Including significant a¢¢ounting policies. The financial repOrti￿g framework that has bee applieé in their preparation is applicable law and United Kingdom A¢¢ountr'ng Standards. induding Financial Reporting Standard 102 The Fiii&ncial Reporting Stanclard applicable in the UK and Republic of Ire18rid Iuniled Kingdom Generdl1Y.4¢￿Pted Accounting Practice). In our opinion, Ihp financial ststements.. give a trije and fair view ol the slatp of the charity's ¥ff8irs as at 31 March 2024 and of ils incoming resDLirces and applic£tion of resources, for Ihe ye3r then ended- have been property Prepared in accordance with United Kingdom Generally Accepted Accounling Praclice., and have been prepared in accordance with the requirements of the Chaiities Act 2011. Basis for opinio We conducled our audit in accordan￿ ivilh InternatlOn81 Siandards on Auditing (UK} IISAS IUK)) and applicable law. Our responsibilities under those standards are further described in the Audilors responsibilities for the audit of the finanual slalemenls section of our report. We are independent of the charity in accord3nGe w1lh tho ethical requirements that are relevant Lo our audii of the fin8ncial stalemenls ift the UK, including the FRC'S Elhical Sl8ndard, and we have fLJifilled our other elhiGJI responsibilities in accordan￿ with these requirements. We believe that the audil evidence we have obt8ined is sufficient and appropriate lo prrjvide a basis for our opinion. Conclusion5 relating to gorng concern In auditing the fin8nc4al ststements, wa have concluded that the Trustéès, use of the going concern basis of accounting ill the preparation of the financial stalemenls is appropriate. Based Dn the work we have performed, we have not identified 3ny ffialerial uncertainties ielats.ng lo evanls or onditions that. individually or collectively, may cast significant doubt on the chaiity's ability lo continue as a going concern for a period of at least ts¥elve morkth¥ from when the finanual ststements ère au1170rised for iSSLJe. Oijr responsibililies and the responsibilities of Ihe Trustees with respect lo going concem aTe described in the relevant %eclions of this report. Other information The other infomialion conipri5es the Information indude(J in the ènnual report other than the fiiiancial strtements and our 8udili)r's report thereon. The Twstees are responsible for the other information contained within the aiinual r8wrt_ Our opinion on the financial $18lem8nls does not cover the other infDrTnalion and we do nol express 3riy furm of assurance Conclusion thereon. Our responsibility is lo read the other information and. i? doing so wnsider whether the other infofffflation is maleriaSly inconsistent with the ftnan¢ial statemènts or our knowledge i)blained the course of the audit, or otherwise appBars lo be m2ter5ally mi5Stated. If we ideiilify such material inconsisle*c¥es or apparent materi81 misstatement5. we are required lo determine wheth&r this qive5 rise 10 8 fflalerial rnisstaleiiienl in the finan¢ial 5talemenls themselves. If, based on the work we have perfortNed, we conclude that there is a material misstatement of this other Information we are required to report that la¢l. We have nothing to report in this regard. Matters on which wè arè rèquired to report by excèption We l)ave nothing to report in respect of Ihc followqng matters in relalion to which Ihe Charilies IA¢counls and Reports) Regulations 2008 requi￿ us lo report to you if, in our opinion. è infc>rmdtiori 9iv8n in the financial statements is inwi?sistent in any material respect with thE Trublees, report.. or sufficient accounting records have not been kept.. or the. finanfjial statements are not in agreement with the accounting records.. or we ha'ie noi received all the inlormation and explanations we require lor our audit. FORUM CIO INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF FORUM CIO Responsibilities of Trustees As explained more fully in the statement of Truslees, responsibilities, the Trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material missta.e.ment, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to continue as 8 going concern, disclos￿g, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to cease operations, or have no realistic altemative but to do so. Auditor's responsibilities for the audlt of the financial statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordan￿ with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstalement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misststement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influen the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. A further description of our responsibilities is available on the Financial Reporting Council's website at-. https:11 .frc.org.uklauditorsrÉsponsibilities. This description forms part of our auditor's report. Other matters Your attention is drawn to tle fact that Ihe charity has prepared financial stalements in accordance with "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021" (as amended} in preference to the Accounting and Reporting by Charities-. Statement of Recommended Practice issued on 1 April 2005 which Is referred to in the extant regulations but has now been withdrawn. This has been done in order for the financial statements to provide a true and fair view in accordance with current Generally Accepted Accounting Practice. This report is made solely to the company's members, as a body. in accordance with section 391 of the Companies Act 2014. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullesl extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our aud. work, for this report, or for the opinions we have formed. nathan Leathley lkniebifiior Statutory Auditor) for and on behalf of Fawley Judge & Easton 12 December 2024 Chartered Certified Accountants Statutory Auditor 1 Parliafflent Street Hull East Yorkshire FORUM CIO INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF FORUM CIO HU1 2AS Fawley Judge & Easton is eligible lor Jppoinlment 85 aud11or Df the charity by virtue of its eligibility for 3ppointrTienl as duditor ol a company under section 1212 of the Companies Act 2006. FORUM CIO STATEkqENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrided Rastricted funds fvnds 2024 2024 Total Unrestrfcted R8Stricted funds funds 2023 2023 Total 2024 2023 Notes Income from". Charitable aclivlties Investinenls 1.015,591 2,351 788,380 1,803.971 2,351 750.831 974 606,261 1.357.092 Total in¢ome 1,017,942 788,380 1.806,322 751,805 606,261 1,358.a66 enditure on: Ch2ritable activities 941,328 867,691 1,809.019 855.018 366.526 1.221.544 Net lncomingllout90ingl resourcp$ before transfers 76.614 179,3111 12,6971 (103,2131 239,735 136.522 Gross iransfers be￿e￿.n funds 14D,7651 40,765 (24,3721 24.372 Net incomellexpenditurel for the yearl Net movement in funds 35.849 {38.5461 12.6971 1127.5851 264.107 136.522 Fund balances al 1 April 2023 442.923 299,572 742,495 570.507 605.973 Fund balance5 at 31 March 2024 478.772 261,026 739,798 442.922 299,572 742.495 The statement ol finèncial activities includes all gains and losses recognised in the year. The st8lameftl ol financial activities includes all gains and losses ￿COgniSed in the year. All inn￿rne and expenditure derive from coniinliing a¢livities. 12- FORUM CIO BALANCE SHEET ASAT31 MARCH 2024 2024 2023 Notes Fixed assets Tangible assets 11 2,251 545 Current asset$ Debtors Cash al bank ai)d in hand 12 89.612 1.493,675 183,813 964.870 1.583,287 1,148.683 Creditors: amounts falling due within on? year 13 1845.7401 1406.7331 Net current assèts 737,547 741.950 Total asset5 less current liabi11tigS 739,798 742,495 Net assets excluding pension liability 739,798 742,495 The funds of the charty Restricted income funds UnreslriGlgd funds 14 261.026 478,772 299 573 442.922 739.798 742.495 The financial staternents wefè 4pp ved by the Trustees on 12 December 2024 Ms C 8ishop Trustee 13 FORUM CIO STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2Q24 2023 Notes Cash flows from operating activlties Cash generated Ifom operations 18 528.744 201.054 Investing activities Purchase of l&ngible fixed assets Investment income received 12.2901 2,351 974 Net cash gerkerated from investlng activities 61 974 Net ¢ash used in financing activities Net increase in cash and cash equlvalonts 528.805 202,028 Cash and c88h equivalents at beginning of year 964,870 762.843 Cash and cash equivalents at end of year 1,493.675 964,870 14- FORUM CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Charity information Forum CIO is a Charitable IncDrporated Organisation. 1.1 Accounting convention The financial statements have been p￿pare(l in accordance with the ¢hariVs conslilulion, the Charities Act 2011, FRS 102 "The Financi81 Reporting Standard applicable in the UK and Republic ol Ireland I'FRS 102.1 and the Char(ties SORP "Accounting and Reporting by Charities.. Stalèmenl of Recommended Practice appli¢abltt to charilies preparing Lheir 3¢￿u￿1$ in accordan￿ with Ihe Financial Reporling Stand3rd applicable in the UK and Republic ol Ireland IFRS 102)" leffeclive 1 Janu8ry 2019). The charity is a PUNIC Benefit Enlily as defined by FRS 102. The financial statement5 have departed from the Charits"es (Accounts and Reports) Reguldtions 2008 only to the exlènl required lo provide a Iwe and fair view. This departure has involved following the Ststemenl uf ReLorRmènded Pfactice for charitles applying FRS 102 rather th¥n Ihe version of the Statement of RecommeHd8d Pracllce which is referreof lo in the Regulations bul which has since been withdrawn. The financi21 stalements a￿ prepared in sterting, which is Ihe functional currency of the charity. Monetary amounts ir) these financial sl8lemenÈs are rounded to the nearest £. -covnling The financial st21ements h8ve been prepared under ihe historical cost convention. The principal a" pc>licies adopied are sel out below. 1.2 Going concern Al the time nf approving the financi31 stat8ments, the Trustees h8vè a reasonable expectation thal Ilie charity has adw4uate resources lo continue in operational existence for the forese&abl& fulure. Thus Ihe Trustees continuè to adopt the going concem basis ol accounting in preparing th@ financi81 ststemenls. 1.3 Charitable funds Unreslricled funds are available for use at the discreb.on of the Trustee5 In furtherance of Ihttir chdrilable objeGtives. Re5LTiCted lunds Are subject to specific conditions by donors Dr granlors as to hDW they may be ijsed. The purposes and uses of the restricted lunds are set out in the notes lo the financial stalemenis. Endowment fund5 are subj&cl lo specrfi¢ conditions by ¢Jonors Ihat the capilal musl b8 mainlairietj by the chanly. 1.4 Income IncDme Is recognised wherk the charsty is legally enlilled to It after any performance conditions have been mel. Ihe amounts can be measured reli8bly. and it is probable that income will be received. Cash donations are reco9nised on receipt. Other donations are recognised On￿ the charity has beeii notifièd of the donation, unless performance conditlons require deferral of ihe amouilt. Income lax recoverable in relation to donations received under Gift Aid or deeds of covenant is rècognised at the lime of the donation Lag8cies are recognised on receipt or orherwise if the charity hag been nDlified of an impending dislribulion, the amount is known. and ￿ceipt Is expectéd. 11 the amount is not known. the legacy is Irealed as contingent assEI. 15- FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Continued) 1.5 Expenditure Liabilib"es a,'e recogllised as expendslure as soon a5 there 15 8 legal or constructive obligztion commitb.ng the charity to that expenditure, it is probable that a Iransler of economic benefits iNill be reouired in settlement and the amount ol the obligation can be measured reliably, Expenditure Is accounled for on an ac¢ruals i)asi% and has been classified under headings that aggregate all cost related lo the c8tegory. costs cannot be. d1rectly attribiited lo particular headings they have bepn allocated to activilies on a ba51s consistpnl with lh8 use of resoLirGes. 1.6 Tangible fixed assets Tangible fixed assets are init￿11Y measured at cost and subsequently measured at cast or valuation. nel of depigciation and any Impairment losses. Depreciation is recognised 80 as to write off ihe cost or valuation of assets less their residual values over their useful live4 on the following bases-. Fixture5 8nd fittings 20 ID on a i&ducing balance basis The gain or loss arising on Ihe disposal of an asset is determined as the differ&nce between the sale proceeds and the carTr7ng value ol the asset, and is recognised in the ststement of finan¢ial aclivities. 1.7 Impairment of fixed asset5 Ai each reporting end dale, the charity reviews Ihe carrying amounts of ils tangible assels to determine whether there is any inllicalion that those assets have sufferèd an impairment loss. If any such in4ication exists. the recDverahle amount of the asset is esttmaled in onjer lo determine the extent of the impairment loss lif anyl. 1.8 Cash and cash equivalents Cash and Cdsh equivalen15 Include cash in haiid, dew5115 held at call with banks, other shorl-lerrn liquid iiiveslmenls with original maturities of three months or less. and bank overdrafts. Bank overdrafts ale shown within borrowtAgs in current liabilities. 1.9 Financlal instruments The charity has electe.d to apply the provisio￿S Dr Section 11 '88sic Financial InstrLiments' and Section 12 'Olhei Financial Instwments Issues. of FRS 102 to all of its finanG181 in51ruments. Financial insirumenls are recognised in the tharity's balance sheet when the charity becomes parly to the conlraclual provisions of the inslrufflenl. Financial assels and liabilities are offset. wilh the nel amounis Pfesenled in the financial staiempnls. when there Is a leg211y enforceable right lo set off ihe recognised amounts and there is an intention lo setUL on g nel basis or lo rcalise the asset ano setue the liability simultaneously. Basic linancial assets Basic financial assets, which include debtors and c8sh and bank balances. are initially measured at transaclson price induding transaction costs and are subsequently carried at amortised ¢osl using tlie effeetive interesr method unless the arrangpment constilutes a financing transaction, wherp the tranoaction is measurFd al Ihe present valLte of the fuiure re¢eipts discounted at a market rale of interest. Finanr.ial assets rla5silied as receivable withitk one year are nol amortised. 16 FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued) Basic financial liabilities Basic financial liabilities: including creditors and bank loans are iniually recognised at transaction pri-e unless the arr8ngemenl ¢onstitute5 a financing transaction, where the debt instrument Is measiii'ed al the prèsent value ol the fulure paymttn￿ discounted at a market rate ol inleresl. Financia5 liabilities classified as payable within one year are nDI amortised. Debt inources. The estimates and associated assumptions are based on historical experience and other factors that are considered lo be relevant. Actual results may differ from these estimaies. The e£limales undertying assurnptions are reijieived on an ongoing basis. Rev1sions to 7¢ pcnunting eslimal&s ai e reeC￿nISed in the period in which the estimate is revised whelp the revi8ion affects onl>. that period. or in Ehe Period of the revision and future periods where the revision affect5 both wrrent and future periods. FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 Charitable activities haritsblg Grant Relatod Contract Income Incornè Total ZOZ4 Charitabla Grant Related Contract Incorne Total 2023 2024 2024 2023 2023 Servi(*s provided under contract PerformAr¢cE re181ed grants 1.187,325 1,187,325 936.296 936.296 547.646 69,000 616.646 42a,796 420.796 1.734,971 69,000 1.803.971 936,296 420,796 1.-357.092 Analysis by fund Uniestricled iunds Restricted ILJnds 1,015,591 719,380 1.015,591 788,380 750,831 185,465 750 831 606.261 69.000 420,796 ,734.971 69,000 1.803,971 936,296 420,796 57.092 Income from inv2Stmenls Unrestricted Unrestricted funds funds 2024 2023 Inleresl receivable 2,351 974 18 FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charitable activities Charitable Grant Contract Related Expenditure Expenditure Total Charitable Grant 2024 Contract Related Expènditure Expenditure Total 2023 2024 2024 2023 2023 Staff costs Teleplione Postage and Statiollery Marketing Meetings staff and Members Expenses Website and IT Expenses Members Development Furniture 892.528 11,126 1,750 6,568 28,023 892.528 11.126 1.750 6,568 28.023 707,990 8,803 955 9.082 12,166 50,746 547 108 2.041 8.082 758,736 9,350 1.063 11.123 20,248 16,491 33.932 669.878 590 16,491 33,932 738,878 590 4.966 36,249 5,303 4.800 3.938 36,249 268.138 4.800 69,000 262,835 1.660,886 69,000 1,729,886 790,314 328,297 1 118.611 Shafft of support cosis (see note 61 Share of govemance costs (see nolo 6! 59.808 59.808 74.473 4,607 79.080 19,325 19.325 23.478 375 23,853 1,740,019 69,000 1.809.019 888,265 333.279 1.221,544 Analysis by fund UnreslFiclecS funds ReslriLted funds 941,328 798,691 941.328 867.691 855.018 33,247 855,018 366,526 69.DOO 333.279 1.740,019 69,000 1,809.019 888,265 333.279 Y.221.544 19- FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support ¢osts allocated to activities 2024 2023 Depreciaiion 126 4.181 349 52,773 4.250 16.935 466 23,853 4.570 5.518 35.330 6.103 7.181 522 19,325 GovernanLe Losls 79.133 102.933 Analysed betsveen: Contract Related Giant Related 79,133 97,951 4.982 79.133 102.933 Net movement in funds 2024 2023 The nel movement in funds is slated after chargingl(credilingl-. Depreciation of owned tangible fixed assets 126 Trustees None of the Trustees lar any persons conne￿ed with them) received any remuneralion or benEfils from the charity during the year. Employees The average monthly nuFnbeT of employees during the year was.. 2024 Number 2023 Number Staff 32 28 Employment costs 2024 2023 Wage5 and salaries 892,528 758.736 There were no etnployees whose annual remuneration was more Ihan £60.000. 20- FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Employfres Icontinuedl R8murFeration of key MaF￿gement personnel The remunpration of key management personnel was as follows". 2024 2023 Aggregaltr componsalion 139,277 132.300 10 Taxation Trie c.h3rily ts exempl trom iaxalion on ils activities because all ils income is applied for cb8ritable purposes. 11 Tangible fixed a$$ets Fixture5 ar¥d fittings Cost At 1 April 2023 Additions 14,838 2.290 At 31 March 2024 17.128 Depreciation and impairment At 1 April 2023 Depreciation charged in the year 14,293 584 Al 31 March 2024 14.877 Carrying arnotsnt Al 31 March 2024 2.251 Al 31 March 2023 545 12 Dèbtors 2024 2023 Amounts falling due wlthln one year: Trade ¢eblors Olber debtors 87,964 1.648 182,200 1,613 89,612 183.813 21 FORUM CIO NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Creditors: amounts falling due withln one year 2024 2023 Trade creditors Olhef creditor¥ 16 845.724 401.098 845.74Q 406,733 -22- fo C> **r OryJOOP-- oriu>mr4 OLnov- ) O CO O (o F t kn E E C)Z a_ >L)zr)￿IU)r￿zICj<>{J￿ FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 15 Unrestricted funds The unrestri¢lèd fund5 Df the charity comprise the unexpgnded balances of donations and grant5 wh1c.h are not Sub1￿¢1 tu bpecific ¢ondilions by donors and grantors as to how they may be used. These include designated funds wliich have been set aside out of unrestricted funds by the trustees for specifi¢ purposes. Transfers At 31 March 2024 At l April 2033 Incoming resour¢ès Rosources expended Genoral lunds 442.923 1,017,942 1941,328} 140.765) 478,772 Provious year- At 1 April 2022 Incoming resources Resources expended Transfers Al 31 March 2023 General funds 570,507 751,805 1855,018} 124,3721 442,922 16 Analysis of net assets he￿￿8n funds Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024= Tangibl,.) assets Currgnt asset511liabilitiesl 2,251 476.521 2,251 737.547 261.026 478.772 261,026 739,798 Unrestricted funds 2023 Restrictgd funds 2023 Total 2023 Al 31 lilarch 2023: Tangible asgets Current asselsllliabililiesl 545 442,377 545 741,950 299.573 442,922 299,573 742,495 17 Rèlated party transactions There wèrè iio disclosabte related party tr3n5actiDns during the year12023- none). 24- FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Cash generated from operations 2024 2023 IDefiGIt)Isurpus for thè year {2,6971 136,522 Adjuslmenls for.. Inveslmenl income reGognised in slalement ol fInar￿￿al activities Deprecialiop. dnd impairrnenl of tangible fixed assets 12.3511 584 1974} 126 fvlovemenls in 'Norktng capit21". Decieasellincreasei in debtors Increase in croditors 94.201 439.007 176.678} 142.058 Cash generated from operatlons 528.744 2Q1.054 19 Analysis of changes in net fvnds The charity had no material debt dufjng the year. -25-