AFTERMATH SUPPORT LIMITED ANNUAL REPORT & FINANCIAL STATEMENTS FOR YEAR ENDED 30TH MARCH 2024 Company Number: 05094705 Charity Number: 1111298
AFTERMATH SUPPORT LIMITED ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH MARCH 2023 CONTENTS Page Trustees, Annual Report Statement of Trustees, Responsibililies Independent Examinerfs Report 10 Statement of Financial Activities 11 Balance Sheet 12 Notes to the Financial Staternents 13
AFTERMATH SUPPORT LIMITED TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30TH MARCH 2024 The Trustees are pleased to present their annual report for the year ended 30th March 2024. The financial statements comply with the Charities Act 2011, Companies Act 2006, Accounting and Reporting by Charities,. Statement of Recommended Practice (SORP 2019) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (as amended for accounting periods commencing from 1 St January 2019). OBJECTIVES AND ACTIVITIES Aftermath Support was established as a registered charitable company in September 2005 with the aim of supporting individuals and families whose lives have been affected following a road traffic collision (RTC). Aftermath Support's offer is open to anyone who has been affected by a RTC throughout the Northwest of England. Since its inception, Afterrnath Support has helped over 14,750 victims and families to deal with the emotional and practical issues of being involved in a serious and life changing collision. The Charity has identified and published statements that define its Vision and Mission. This year, we refreshed our vision, mission, and values to better reflect our aspirations and guiding principles". Vision: To be the leading provider of emotional and practical support for all those affecled by road related incidents, helping to guide them through the aftermath and towards a brighter future. Mission: As a trusted source of guidance and support for anyone impacted by road incidents, offering high-quality and individualised services that address their emotional, practical, and informational needs, to help them through the aftermath and lowards a brighter future. Our core values Client Focus, Integrity, Collaboration, Learning and Innovation, Empathy and Kindness, and Respect and Inclusivity, underpin everylhing we do. We are committed to adhring to these values to ensure the highest quality of service delivery for our clients. Aftermath Support charitable objectives are., To relieve poverty, sickness, and distress, primarily among persons who have suffered the same as a result of being involved in road traffic collisions and their families and Carer's and bereaved survivors and to advance public education in road safety. Public Benefit Statement In considering the objectives and activities, the Trustees have considered Charity Commission guidance on public benefit to ensure that the organisation is meeting its public benefit requirements. ACHIEVEMENTS AND PERFORMANCE 2023124 has been another challenging yet successful year for Aftermath Support as we continued to provide vital support services to Ihose affected by serious road traffic collisions across Merseyside, Cheshire, Lancashire, Greater Manchester, and Cumbria. Despite the ongoing challenges faced by small charities in the current funding landscape, we have remained commilted to our mission and have achieved significant positive outcomes with our clients. We are proud to report the highest level of referrals in seven years, with 369 new referrals received. Our dedicated team provided a minimum of 3,286 hours of direct support to individuals and families impacted by serious road collisions. This support encompassed a range of services tailored to each individual's needs.
AFTERMATH SUPPORT LIMITED TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30TH MARCH 2024 We offered emotional support, helping clients process trauma and grief. We provided practical assistance by advocating for our clients, needs when dealing with various agencies and institutions. We also offered crucial informational support, guiding clients through complex legal and investigative processes, and explaining procedures related to inquests and court cases. Our RTC Victim Care and Support OffIrS, drawn from backgrounds in social care, counselling, law, first response and lived experience of road trauma, work tirelessly to empower those affected by RTCS to take back control of their lives and move fOard with hope. Notably, 91 .5 % of referrals came via police services, demonstrating the strong working relationships we have built with Family Liaison Officers, Roads Policing and RTC admin staff across our service area. Our team achieved impressive outcomes with clients: 121 clients reported emotional achievements such as improved mental health, reduced trauma symptoms, and help accessing counselling. 96 clients cited practical achievements like returning to work or education, improved physical recovery, and re-engaging with daily activities. 30 individuals reported informational outcomes, such as a clearer understanding of legal and investigative processes related to their collision. Client feedback has been ovenNhelmingly positive, reinforcing Ihe vital nature of our work: "Aftermath Support was a lifeline during th8 darkest lime of my life. They provid8d not just praGtIGal support, but genuine empathy and understanding." _ Bereaved family member "I didn t know how to navigate the legal process after my accident. Aftermath s guidance was invaluable - they helped me understand my rights and options." Seriously injured survivor. As highlighted in the recent CSJ Foundation (The Centre for Social Justice) report Overlooked and Underfunded: The perilous state of Britain's grassroots charities" small charities like Aftermath are facing mounting pressures in the current landscape. This comprehensive report, released in May 2024, provides a clear-eyed view of how the charily sector is structured and the challenges faced by small, community-based organisations. The report reveals that 85 per cent of all charitable income in England and Wales goes to just 4 per cent of registered charities. This imbalance leaves grassroots organisations like ours consistently unseen, underfunded, and with our impact unrecognised, despite being effective changemakers who address the root causes of poor mental health and wellbeing daily. Our own experience over the past year reflects many of the report's key findings: 1. We frequently step in to provide support where statutory services are unable to meet local needs. This hidden subsidising of public services stretches our Simited resources even further. 2. We consistently deliver impressive outcomes on modest budgets but are routinely passed over for public contracts in favour of larger charities without a local track record. 3. Post-pandemic, our expenditure rose by almost 12 % while income grew by only 3 % unsustainable trend reported by many small charities. The report also highlights that small and medium-sized charities (under £1 million income) account for 97 % of charity closures in the last 10 years. This statistic underscores the precarious position many organisations like ours face. Despite these difficulties, Aftermath remains committed to ensuring the voices of our clients are heard in discussions about post-collision support services and wider road safety policy. an
AFTERMATH SUPPORT LIMITED TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30TH MARCH 2024 We continue to gather powerful data and slories illustrating the life-changing impact of our work in local communities. Importantly, the CSJ Foundation report also reveals an appetite for change amongst the general public: Only 20 per cent of UK adults trust larger national charities over small, grassroots charities. 79 per cent of UK adults agree that small, local charities seem to be often overlooked and under-resourced. 58 per cent agree that national Govemment policies would be more effective if they were more Informed by small, grassroots Charities. These findings validate our work and underscore the importance of small charities like Aftermath in the broader charitable landscape. They also highlight the need for a rebalancing of funding and recognition within the sector to ensure that effective, community-based organisations can continue to provide vital serviGes to those who need them most. Progress on 2022123 Future Plans and Organisational Developments In last year's report, we outlined several key priorities for the future. We're proud of the significant progress we've made in these areas, which have also contributed to important organisational developments: 1. Securing diverse and sustainable funding: We've increased our corporate sponsorship, with a confirmed 330/0 increase in donations for 2024125 and a three-year engagement agreement. We've been shortlisted for several grants and received sizeable donations, while our community continues to support us through personal fundraisers. 2. Amplifying our advocacy efforts and raising our profile: Our CEO has participated In several important carnpaigns, working groups, and development opportunities, ensuring road crash victims, voices are heard at a national level. We've engaged in ongoing dialogue with the Department for Transport regarding their much-anticipated Road Safety Strategy and received positive media exposure, featuring on BBC Northwest Tonight and Radio Merseyside. 3. Deepening collaborations: We've strengthened relationships with many charities and organisations, including Merseyside Police Federation, resulting in potential future collaborations and generous donations. 4. Investing in digital transformation.. Development of a new website, set to launch in Summer 2024, will better showcase our work, improve access to information for clients, and enhance our ability to engage with funders and corporate sponsors. 5. Strengthening governance and efficiency: We completed a comprehensive review and refresh of our policy framework. We've also begun exploring new slrategies for volunleer recruitment and engagement, including micro-volunteering opportunities and online peer support roles. These developments have not only helped us progress towards our goals but have also strengthened our organisation's foundation, positioning us better to meet the growing needs of those we serve.
AFTERMATH SUPPORT LIMITED TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30TH MARCH 2024 Conclusion The pasl year has demonstrated both the vital importance of Aftermath Support's work and the challenges we face in meeting growing demand with limited resources. As the CSJ Foundation report highlights, small charities like ours are often the unsung heroes on the frontline of our communities, working in the spaces beyond government to make the places we live better. We are immensely proud of what we have achieved and grateful for the dedication of our staff, the support of our partners, and the trust placed in us by those we serve. As we move forward, we remain committed to our vision of being the leading provider of emotional and practical support for all those affected by road-related incidents. With the continued support of our stakeholders and the dedication of our team, we are confident in our ability to guide more individuals and families through the aftemiath of road collisions and towards a brighter future. Thanks The Trustees would like to take this opportunity to officially thank the Aftermath staff team for all their hard work during the year, resulting in the fantastic achievements highlighted, in addition to their dedication and service to the people they support. We would also like to take this opportunity to thank the following organisations for the support they have continued to generously provide the organisation at any point during the reporting P8riod. Hilary Meredith Solicitors Slater & Gordon Lawyers Irwin Mitchell Solicitors Alderstone Solicitors Serious Injury Law Oliver & Co Solicitors HCC Solicitors Kinsella Clarke Accountants Merseyside Police Special thanks and appreciation are expressed to our Aftermath Champions, Dave Jones and Becca Slater, for their support of our work and the value they add to our cause. Dave has gone above and beyond in his efforts to ensure no victim suffers alone by appearing in various media opportunities and speaking at events. Becca has achieved so much in her field and is a true inspiration for those experiencing life changing injuries. We also extend our sincere thanks to all those individuals who donated, either directly or through sponsorship andlor JustGiving, during this time. We are extremely grateful for the continued Support we receive, helping us to support those affected by road traffic collisions in the Northwest. FINANCIAL REVIEW Total income for the year was £66,604 (2023: £63,430) of which £nil (2023: £nil), related to funding for projects upon which restrictions are plad. Total expenditure for the year was £110,922{2023: £98,269) leaving a deficit for the year of £44,318 (2023: deficit £34,839). At 30th March 2024 the charitable company's reserves stood at £52,540 {2023'. £96,858) of which £nil (2023: £nil) represented restricted funds.
AFTERMATH SUPPORT LIMITED TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30TH MARCH 2024 Risk Management The principle strategic risks and uncertainties to which Aftermath Support is exposed have previously been identified by the Trustees, and remain ongoing: Changes within partnerships with referral organisations. Funding to ensure continuation of services in perpetuity. Activities to address the above have been identified within the strategic and business plan for the coming year. Reserves Policy It is the policy of the charitable company to maintain unrestricted funds, which are free reserves at a level to cover redundancy provision and six months, running costs should no further funding be received. As at the end of the financial year the unrestricted funds totalled £52,540. The charitable company requires £14,626 for redundancy provision and £55,461 for six months, running costs, (total £70,087). The trustees plan to increase the level of unrestricted reserves through increase of donations. Plans for the future Looking ahead to 2024125 and beyond, our key priorities are: 1. Sustainable Growth: We aim to secure additional funding to support the growth needed to meet increasing demand for our services. 2. Enhanced Reporting". We plan to improve our data collection and reporting, particularly in capturing the 'survivor's voice, and detailed client feedback to better demonstrate our impact. 3. Digital Presen. We will maximise the potential of our new website and explore ways to increase our social media presence to reach more people who may need our support. 4. Partnerships.. We will continue to nurture and develop partnerships with key stakeholders, including police forces, other charities, and corporate sponsors. 5. National Advocacy: We remain committed to championing the cause of road crash victims at a national level, pushing for improved support and recognition of their needs. STRUCTURE, GOVERNANCE AND MANAGEMENT The organisation is a charitable company limited by guarantee, incorporated on 5th April 2004 (Company number 05094705) and registered as a charity on 141h September 2005 (Charity number 1111298). Aftermath Support Limited is a limited company governed by its Memorandum and Articles of Association dated 3rd April 2004 and revised by special resolution 3rd August 2005. Any one over the age of 18 can become a member. It is managed by an Executive Committee of Trustees.
AFTERMATH SUPPORT LIMITED TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30TH MARCH 2024 Organisatlon The Trustees who are also Ihe Board of Directors approve the policy for the organisation. The Board meets quarlerly to do this. Management of the charitable company is overseen by the Board and delegated to the Chief Executive Officer. Financial Controls The Board of Trustees oversees expenditure made by the charitable cornpany. Mandates with the principal bankers are in place to the effect that all cheques require two signatures. Investment Powers & Restrictions According to the Memorandum and Articles of Association the Board of Directors are allowed to invest monies not immediately required for any specific purpose. REFERENCE AND ADMINISTRATIVE DETAILS Aftermath Support Limited 05094705 1111298 Name Company number Charity number Registered Office 50 Arrowe Park Road, Wirral, England, CH49 OUE Board of Trustees The Board of Trustees are also its directors. Members are elected by Annual General Meetings of the members of the council in accordance with Ihe Articles of Association. Chalr Joyce Greaves Stuart T Barnes Richard Crabtree Elliot S Creed Michael D Jones Mark Hemans Catherine Hilton Michael McFall Stephen Samuel Lee B Westhead Beverley Wrighton Trustees (Appointed 18th April 2023) (Appointed 18th April 2023) (Resigned 27th October 2023) (Resigned 17th April 2023) (Appointed 12th August 2024) (Appointed 18 April 2023) (Appointed 16th April 2024)
AFTERMATH SUPPORT LIMITED TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30TH MARCH 2024 Independent Examiner Mrs Ying Huang ACCA clo LCVS, 151 Dale Street, Liverpool, L2 2AH Bankers Bank of Scotland 33 Old Broad Street, London, EC2 1HZ Signed on behalf of the Board of Trustees Joyce Greaves, Chair and Trustee 23rd October 2024 Date
AFTERMATH SUPPORT LIMITED STATEMENT OF TRUSTEES, RESPONSIBILITIES Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming reSoUrS and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the trustees should follow best practice and: select suitable accounting policies and then apply them consistently" observe the rnethods and principle in the Charities SORP. make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going conrn basis unless it is inappropriate to presume that the charitable company will continue as a going concern; state whether applicable accounting standards have been followed, subject to any material departure disclosed and explained in the financial statements. The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevenlion and detection of fraud and other irregularities. This report has been prepared in accordance with the Charities Act 2011, Companies Act 2006, Accounting and Reporting by Charities; Statement of Recommended Practice (Sorp 2019) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (6ffectlve 1 sl January 2019). By Order of the Board, Joyce Greaves, Chair and Trustee 50 Arrowe Park Road Wirral England CH49 OUE 23rd October 2024
INDEPENDENT EXAMINER'S REPORT FOR THE TRUSTEES OF AFTERMATH SUPPORT LIMITED I report on the accounts ofthe charitable company for the year ended 30th March 2024, which are set out on pages 11 to 19. 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. It is my responsibility to: examine the accounts under section 145 of the 2011 Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act, and to state whether partlGular matlers have come to my attention. 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 charitable company 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 the trustees conceming 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. Res ective res onsibilities of trustees and examiner Basis of inde endent examiner's statement In connection with my examination, no matter has come to my Inde endent examiner's attention: statement (1) which gives me reasonable cause to believe that in, any material respect, the requirements.. to keep accounting records in accordance with seclion 386 of the Companies Act 2006; and to prepare accounts which accord with the accounting records and 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 Charities have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Name: Mrs Ying Huang Relevant professional qualification or body,. ACCA Address: clo LCVS. 151, Dale Street, Liverpool, L2 2AH Dated: -10-
AFTERMATH SUPPORT LIMITED STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30TH MARCH 2024 Notes Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Income and endowments from: Donations and legacies Charitable Activities 3a 3b 6,604 60,000 6,604 60,000 61,190 2,240 Total income 66,604 66,604 63,430 Expenditure on: Charitable activities 110,922 110,922 98,269 Total expenditure 110,922 110,922 98,269 Nèt (expenditure), net movement in funds (44,318) (44,318) (34,839) Total funds brought forward 9,10 96,858 96,858 131,697 Total Funds carried forward 8-10 52,540 52,540 96,858 The notes on pages 13 to 19 form part of these accounts. All the above amounts relate to continuing activities of the charitable company. -11-
AFTERMATH SUPPORT LIMITED BALANCE SHEET AS AT 30TH MARCH 2024 Company Number: 05094705 Notes 301h March 2024 30th March 2023 Fixed assets Tangible fixed assets 1,112 1,247 Current assets Debtors Cash at bank and in hand 108 52,679 99 96,818 52,787 96,917 Current liabilities Creditors: amounts falling due within one year (1,359) (1,306) Net current assets 51.428 95,611 Total assets less current Ilabilities 52,540 96,858 Funds: Unrestricted funds Restricted funds 52,540 96,858 8,10 52,540 96,858 These financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies, regime and in accordan with FRS102 SORP. For the year covered by these accounts the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The Trustees, who are the Directors of the charitable company, acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. 15th October 2024 Approved by the Board on: Joyce Greaves, Chair and Trustee -12-
AFTERMATH SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH MARCH 2024 1. Limited Liability The charity is a company limited by guarantee without share capital. Each member's liability is limited to £10. 2. Accounting Policies Basis of accounting The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (SORP 2019) and the Financial Reporling Standard applicable in the United Kingdom and Republic of Ireland (FRS102) (as amended for accounting periods commencing from 1st January 2019) and Charities Act 2011 and the Companies Act 2006. The accounts are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £. The charitable company has taken advantage of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The principal accounting policies adopted are set out below. Golng concern The charitable company did not have any financial impact during the pandemic therefore at th8 time of approving the accounts, the Trustees have a reasonable expectation that the charitable company 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. Fund accountlng Unrestricted funds are the charitable company's free reserves available for the Trustees to apply in accordance with the charitable company's charitable objectives. Restricted funds are subject to specific restrictive conditions imposed by the donor. All restricted funds are accounted for as restricted income and expenditure for the purposes is charged to the fund. Income recognition All income is recognised once the charitable cornpany has entitlement to the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably. Donations and legacies comprise of donations and general grants which are recognised in the accounts when received, with the exception of known legacies which are accounted for when their receipt is certain. Income from charitable activities is recognised on an accruals basis except for grants receivable, which are recognised on the date on which their unconditional payment is confirmed by the donor. -13-
AFTERMATH SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH MARCH 2024 Expenditure recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charitable company to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accwals basis. All expenses, including support costs and governanGe costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and governance costs are applied to unrestricted funds unless specifically included in Ihe restrictions, as specified by the donor. Expenditure on charitable activities relat8 to the operation of the charitable company comprising of direct charitable expenditure to meet the objectives of the charitable company. Support and governance costs relate to the management and operation of the organisation and also compliance with constitutional and statutory requirements in producing the annual report, These are dealt with in the Statement of Financial Activities when paymenl has been approved by the charitable company. Fixed assets Capital expenditure is stated in the balance sheet at cost less accumulated depreciation. Depreciation is provided to write off the cost of each asset over its expected useful life as below: Computer Equipment Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short- term liquid investments with original malurities of three months or less, and bank overdrafts. Flnancial instruments 20./0 slraight line per annum The charitable company has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charitable company's balance sheet when the charitable company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic flnancial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. -14-
AFTERMATH SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH MARCH 2024 Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Derecognition of financlal liabilities Financial liabilities are derecognised when the charitable company's contractual obligations expire or are discharged or cancelled. Critical accounting estimates and judgements In the application of the charitable company's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the year in which the estimate is revised where the revision affects only that year, or in the year of the revision and future years where the revision affects both current and future years. Taxation Income and gains are exempt from taxation as they are received and applied for charitable purposes only. The charitable company benefits from various exemptions from laxation afforded by tax legislation and is not liable to corporation tax on income or gains falling within those exemptions. 3. Income and endowments from: Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 a. Donations and Legacies: Donations 6,604 6,604 61,190 b. Charitable activities Department Working Pensions Membership to Legal Expert Panel 2,240 60.000 60,000 60,000 60,000 2,240 -15-
AFTERMATH SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH MARCH 2024 4. Expenditure on charitable activities Direct Support & Charitable Governance Expenditure Costs Total Total 2024 2023 Provision of support to victims of road collisions with long term, adverse effects. 66,608 44,314 110,922 98,269 a. Analysed as follows: 2024 2023 Direct Charitablg Expenditure.. staff salary costs Pension Travel expenses Volunteer expenses Employee expenses Books and materials Refreshments 64,307 1,163 55,009 1,051 160 1,124 842 225 64 12 66,608 57,351 Support & Governance costs.. Staff salary costs Pension Insurance Team meetinglaway day Printing, postage and stationery Telephone Equipment Subscriptions and memberships Website costs Bank charges DBS fees Accreditation HR & Recruitment Companies House Filing Fee Accountancy Depreciation 34,137 768 707 234 179 2,365 113 251 3,391 84 293 79 215 13 990 495 29,840 628 474 70 2,188 590 394 5,052 88 254 13 940 387 44.314 40,918 Total expenditure on charitable activities 110.922 98,269 £Nil {2023: £nil) of the above expenditure relates to restricted funding. -16-
AFTERMATH SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH MARCH 2024 b. Staff Costs 2024 2023 Staff salaries Social security costs Pension 96,532 1,912 1.931 83.396 1,453 1,679 100,375 86,528 c. Particulars of employees: The average number of employees during the year 5 (2023: 4), and calculated on the basis of full-time equivalents, was as follows: 2024 2023 Charitable activities No employee received emoluments of more than £60,000 during the year. The Trustees are not remunerated for their services and are not included in the above number of employees. No out-of-pocket expenses were reimbursed to trustees in the year {2023: £nil). 5. Tanglble flxed assets Computer Equipment Total Cost As at 31st March 2023 Additions Disposals 2,011 360 2,011 360 Balance as at 30th March 2024 2,371 2,371 Accumulated Depreciation As at 31 sl March 2023 Charge for the year Disposals 764 495 764 495 Balance as at 301h March 2024 1,259 1,259 Net Book Value at 30th March 2024 1.112 1,112 Net Book Value at 30th March 2023 1,247 1,247 -17-
AFTERMATH SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH MARCH 2024 6. Debtors 2024 2023 Prepayments 108 99 7. Creditors: amounts falling due within one year 2024 2023 Accruals Other Creditors 990 369 940 366 1,359 1.306 8. Analysis of net assets between funds 2024 Tangible Net Current Fixed Assets Assets Total Unrestricted Funds General Fund 1,112 51,428 52,540 Restricted Funds Total 1,112 51,428 52,540 2023 Tangible Net Current Fixed Assets Assets Total Unrestricted Funds General Fund 1,247 95,611 96,858 Restricted Funds Total 1,247 95,611 96,858 9. Unrestricted funds Movements in the year Income Expenditure 2024 Reserves at Beginning of Year Reserves at End of Year General Fund 96,858 66,604 (110,922) 52,540 -18-
AFTERMATH SUPPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH MARCH 2024 Movements in the year Income Expenditure 2023 Reserves at Beginning of Year Reserves at End of Year General Fund 131,697 63,430 (98,269) 96,858 General fund is used to finance the charitable company's general activities as outlined in the Trustees report. 10. Restricted funds There were no Restricted Funds received and expended during the financial year to March 2024 (2023: nil). 11. Lease Commitments There were no financial commitments under non-cancellable leases as at 301h March 2024. {2023.' none). 12. Related Party Transactlons There were no related party transactions as at year end 301h March 2023. (2022.. none) 13. Guarantees As at 30th March 2024, 9 members had given a guarantee of £10 each in the event of the company winding-up, total: £90 (2023: 8 members £80). -19-