Docus¢gn Envelope ID.. EAED84F9FAE4D57-8117-29IEF24cDCDc Registered number: 04999497 Charity number: 1115338 Fusion Maidstone (A Company limited by guarantee) Unaudited Trustee's report and financial statements For the year ended 31 March 2024
DoGusign Envelope ID.. &AED84FA-9FAE4057-8117-291 EF24CDGDG Fusion Maidstone (A company lin)iled by guaralllee) Contents Page Trustee's report Indcpendeni examine$ report 10 Stai¢ment of finoncial a¢tivilies Balancc shcct 12 Notes to the financial statements 13-26
Docusogn Envelopg ID.. EAE084FA-9FAE4D57-8117-291EF24CDCDG Fusion Maid$tone (A company Ilmited by guarantee) Reference and AdministrAtive details For the year ended 31 March 2024 Reglstered ehydrity name Fusion Maidstone Charlty registr&tioD number 1115338 Company registration number 04999497 Prlnelpgl office and registered Drfi¢e Units 2 and 3 Cobb Way Maidslone ME15 9XF Trnstees Mr T Tabrr (ChaiT) Ms L MacPherson {Vice-Chair) Appoin*d 13 Novcmher 2023 Ms L Burvill Appointed 15 May 20231Resigned I September 2024 Mr G Cook¢ Ms A Holness Mr R PefjT¢e MSN Smith Mr D Wilkinson Mr D Wrighi Mrs W Young Appointed 22 January 2024 Resigned 26 September 2023 Resigned 19 Febrnary 2024 Appointed I I September 2023 COmpaY secretary Mrs S Maidens Independent examimer Tracey Moore BFP ACA UHY HaLker Young Tham&8 House Roman SquaT¢ Sitlingbourne Kent ME104BJ Page I
Do¢uswn Envelo ID.. EAEDB4FA-9FAE4057-8117-291 EF24CDCDG Fuslon Maidstone (A company limited by guarthntee) Trustees, report For the year ended 31 March 2024 The tNste4 who are also the directors for the purposes of company law, premt their rq and the unaudited financial statL7ncnts of th¥ chaTity fvT th¢ year ended 31 March 2024. Structu Governance and Mana ement Fusion Muidstune {fi)nnerly Park Wood Plus Maidstone) is govern by a M¢mordndum dated 18 Dember 21K>3. It is a company limited by guarantc£ and no Sha (apital. Th¢ iompany registration number is 049W97 and the registcred charity number is 1115338. Th¢ Btsard Df Trustees which currently consists of cight Trnstc(s/DircctOT¥ 15 rtsp()nsibl¥ fvT lh¢ 8lt7degic affairs of the Organisation. Compat)y law rcquiT48 th¢ Trnstees to prq)are financial statements for cach ycar which givc a t¢ and fuiT rrfi¢¥lii?n of thc ytttt¢ vf the #ffairs of the charitable company as at the balan¢¢ shr£t dat¢ of its incoming resources and application of r¢sources, including incomc and cxpcnditur4 for thc finaDLial yL7w. Jn pr(VaTing those financial stalements. the Trnsteu should: Follow bcst practi¢¢ and select quilable accounting policies and thcn apply thcm con5iSt¢ntly) makc judgun¢nts and estimates th are reasonable and PTudcnt' prqbarc thc flnancial slatw¢nLs on the going concem b&8is unless it is inappropriatc to assumc that th¢ company will contimie on that basis. The Trustees are responsiblc formaintaining adequate a¢¢oun¢ing T&M)rds which disclose with reasonable accuracy at any time the rinancial posi¢ion of th¢ charitable company and to enablc thcrn to ensu that th¢ fin8n¢ial slat¢m¢nts Comply with the Companie5 Act 21x16. The Trustees are also roqw)nsibl¢ for saf¢8uarding the assets of thc charitable company and hcncc foT taking reasonable steps for the prevention and detection of fraud and oth¢r itregularities. The BoaTd meets regularly (bi-monihly). The Bthird has members with PTa¢ti¢al knowledge of finance rnanagemen( marketing, public relations, personnel manag¢menL local and central governmajl and voluntary bodies. New m¢mb¢Ys ar¢ r¢¢rnited fn)m the local community who have a range of appropriate skills and expIenCe. Th¢ Board ¢nsures that newly appoint memb5 able to go through a pra¥rtiLal process of familiarising themselves with the work of the organisaiion. From tim¢ lo tim¢ members atr also able to take advantagc of appropriate training opportunities provided by Iwal and national kndies. We depend on our small tcavn of dedicatd paid staff who are committed to the objL*tives of the Organisation and they wo tir¢l¢ssly to support the community. Our volunteers provide rcgular and invaluabl¢ sw)p)rt to Assist us in ¢nsuring that services at our Centre mllintained at the highest level. Memb03 of diff¢r¢nt public and voluntary kndies also give up time to undertake specific projects for the b¢n¢fit of the Charity and its activities. Governin Document Th¢ orgdnisation is Ixith a registered ChaTity and a company limitsd by guarnntee, incotpordted 18 December 2003. Wc achicved Charity Status in July 2006. In thc cvcnt of Ihc Organi¥ativn being wound up the lrnsteffj as the Organisation's statutory membffs, each have & liability of £1. This potential liability, cxist5 w,hilst Ihcy aTC mcJnb¢rs, and conlinu¢s for a year Ihereafter. Ob'e¢tfve5 and Aetivitie As sel oul in the Memorandum and Articles of Association our objects Are: To promote for the benetit of thc inhabitants of PuTk wo] and su]Tvunding th¢ provision of facilities tor TtiO[l or other l¢iwr¢ time Occupati( of individuals who bave nL4cd for such facilities by n2son of thciryouth. ag¢, infiunity, disablifflt. flnancial hardship or socia] and onoMiC circumsian¢¢s or fvr th¢ publi¢ at larg¢ in ihe interest of healtl), social wclfarc and nNu1ty support with the object of improving the conditions of life of thc said inhabitant5. Also to: l) ImpTVVC thc h¢alth and w¢11-Ing of the residents of the local community and th¢ wider Mai(L8tone community: and 2} Understand the many health inequaliti(S that is thc rcsult of povcrty and d¢privation. The Board has ¢nlargLxl its ar¢a of bencfil to include the whole of the area ¢ov¢r¢d by th¢ Maidston¢ stttion of West Kent Clinical Commi&sioning Group. Charitable Activi and Public Bcncflt Our main areas of Charitable activity arc the pri)vision of advic4 infoTmation, adivili48 8nd tr&ining. which Ewe based around hlthY living) bTinging Smi¢ and OprtUnitY lo ihe people. We tske into con5idcration the benefits of the activities to memb$ of the public, and in mind the Chariry Commission's guidance on public benefiL In COTnTnon with most ¥harities il wnlinu¢s lo be a strnggle to maintain our services especially post pandemic and th¢ Ik of nding optthunities, together with cuts to our KCC funding. Page 2
Ots¢uslgn Enwelope ID: EAEOB4FA-9FAE4057-8117-291 EF24CDGD Fuslon Maidstone (A eompany Ilmfited by guarantee) Tru$¢ees' report For the year ended 31 Marth 2024 Volunteers are offered the OPPOTtunity to improve skills and confidence to access employment. A ¢ompul¢r suite serves the public and provides the opportunity to deliver training locally and support other partners. We hire r(K)ms to bring in oih¢r charities and organisations who provide additional services tliat can tlien be accessed I(ly. During the y¢ar wc have work¢d ¢los¢ly with a rang¢ of stakeholders. IM)ih a* partners and also nders. We include in this group Keni County Council's Public Health Directorate, and also th¢ Adult Sthi¢es Division; Maidstone Borou7 Council; Golding Homes and many others (se¢ below) lo ensur¢ that we are colltIVe]Y wod(ing for the benefit of the people. We always Seek, thri)ugb the 8ervi¢es w¢ provid< to improve the health and well-being of the re83dents of the local ¢omrnunity and the wider Maidstone community. To promote thcprovision of existing fa¢4lities for re¢realion or otherleisure time occupation for individuals who have need of su¢h fa¢iliti¢s du¢ to their age, infirniity, disablement. fjnancial hardship or Sla1 and economi¢ ¢]UmStanceS or for the public at large in the interest of hcalth, 50ciuI welfttr¢ und community support capacity and with the object of improving the conditions ot life of the said inhabitants and look lo widen and improve our joint work with all our partncrs, Kent County Council Public Health Directorate and broader networking with othcr Healthy Living C¢ntr¢s. We continue to r&8pond to the cbanging ne<4]s to meet our health inequality targets and share inforniation and best practice in servicc delivay. Sia We depend on our small ieam of dedicated siaff who are comniitted to the Objectiv of thc Organisation and they work tirelessly to support the community. Risk Assessnient This is revi¢wed and monitored on fl regular b&sis in respe¢t of the main risks that might face the Charity. Poli¢ d Procedures We l)ave developed fimi wtrli¢ieq and Pr[dureS to cover all likely eventualities affecting staff and clients. Th&$¢ ar¢ being brought together in a Manag{ble forni and reviewed to ensure ihey are in line with new legislation. The di)cuments as agrccd are recorded at Board Meetings and aaioned as requtred for the coming year. Voluni Volunteers provide regular and invaluabl¢ support to assisl us in ensuring ththt wices al our ¢¢ntr¢ are m8intained at the hi}est level. Memb$ of different public and voluntary bodi&% also give up time to undertake specific projtxts for the benefit of ihe charity and its activities. ments and Performfince Health Eatin Fusion d¢liv¢red five 8-week slow cookery Courses with 8 participants on ea¢h ¢ourse between April 2022 and March 2023. Our practical slow cwk¢ry course is a largel¢d int¢rv¢nlion which aims to ¢])gage parti¢ipants who have & desire lo improve their h1th and n)ental wellbeing by making positive life choices. Th¢ course has been designed to share how to cook healthy, homemad¢, traditional m<dls. Th¢ wurs¢ provides each participant with a slow ¢ook¢r detailed recipe book together with the ingredients to allow the group prepare and cook a total of16 recipes. During this periiKI a tota] of 2560 nieals We prcpdTcd and cooked. Fusion hav¢ partn¢r¢d with the British Heart Foundation a8 part of this ¢ourse to deliver workshops focused on healthy eating, managing stress, smoking cessation etc. Participants also obtain a Level l or L¢v¢l 2 Food Hygienc accreditation as part of this ¢ours¢. Feedbk has been very positive wilh all participants continuing to use thcir sl(Iw cookers on a regular basis. Impact scoring show a 30•/0 increase in cooking with ¢onfidenc¢, a 2/0 increase in health & wellbeing over the duration of th¢ ¢ours¢, a 40% inease in eating home cooked meals and a marked decrease in eating takeaways and ready meals. We continue to seek funding for this prOgrMe. We hav¢ further develop this progrnmme, so it is portable and we ar¢ able lo d¢liv¢r this r¢motely. We have 2 lead volunteers so ar¢ also able to grow this programmes scope of delivery. Th&nk you to Golding Home4 for part fvnding delivery of this prugramm¢. Frcc LuT]Lh Friday ¢ontinu¢s to be delivered. This is initiative to promote healrhy eatin¥ where w¢ otTer a free 3 cour%e lunch to a group of 20 participanis who arc ¢iih¢r in r¢¢eipt of benefits payments, suffering from for or fuel povaty, are part of thc older generation anwor those who are isolated. We run 2 groups of 20 participants with Group A attending on the I st and 3nl Friday of the month and Group B attending on the 2nd and 4th Friday of the month. Thank you to Maidstone Borough C.oun¢il for fvnding this provisioii via a H(wsehold SupFKbrt grant and Cobtree Charitable Trust. Working in partnership and fvndal by Futhr¢ Schnols Trust, Fusion have worked wilh 20 sthd¢nls from Cornwallis Academy kmd New Line Learning to deliver an 8-week introduction to cooking programme. Students are taugh¢ by a head chef. kitchen safety, Iiow to prepare and cook nutritious n)eals on a budgeL how to Inake the most out of leftovers and how to batch ¢Mk. Students were ideiitified as not claiining free school meals, not bringing any f(K)d in and, in some Cases going through Page 3
Do¢usvJn Envelope ID: EAEDB4F9FAE4Ds741l7-29IEF24cDcDC Fusion Maidstone (A company limited by guarantee) Tru$tee$' report For the year ended 31 Mirch 2024 communal bins SQChing for f(XYLi Th¢ studwt¥ would rut th¢ they had pr¢pared whilst at fusion. A utensil kit was provid at the end of the programme so studcnt5 to catry on with thcir Ican]ing in thc hom¢ ¢nvirvnm(t. Stud¢nts gainLxI Ll lood hygifflc qualification part of the pn)grdmmo 12 of the students are returning to Fusion in Junc to prcpa¥ cwk and servc a 3 sit down me21 at our Volunteer Awards Ceremony. Thanks to funding ftvm th¢ Notional Lotiery we were able to deliver our A WaTm and Jiearty Park Wood Welcome this wint from January 2024 to March 2024. Thr SUIt¢d in 2,880 nutritious tykedwuy h¢8lthy mLxds being prepared and scrvcd lu Ihr rommunily. 'lknis pmject raised Fusion's profile within thc community and scveral bcncfiLiaries now acc&4sing other Fusion SLTVICW. Phase 4 of th¢ Pa Wo(M] Allotments projeci continues. This stage includes staging and covffing th¢ poly tuDn¢l. together with the installation of a ncw shed. Th¢s¢ actions will compl¢t¢ the refurbishm1 project. We have recruited a local resident as a caretaker volunt¢er. There are now 17 plots availablc at thc allotmalts all of which hav¢ tenants from a diverse mix in th¢ community includillg othw charity oanISatiOns. s¢hnols and residents. Fusion wish to convLy thcir thanks to thc many organi&ions/volunl¢ws from Maidstonc Riverside Rolaryy Cobtree MeT] ill Sheds, Mvrrisons, K1 Community Fi)undation and Commwiigrow who have Contribut to the refvrbishnient of Park Wood Allottnents. Our coffee shop promotes healthy cating by Providing light hot meals at a subsidised rate, hot and wld beverages 8Jid a selection of low-fa¢ ¢ak¢s including a diabetic apple and a diabetic banana cake. The coffec shop algo pn)vid¢s a sgf¢, friendly enviromn¢nt within our centre to loW for members of the ¢ommunity meet socially. W¢ also offer a host of drop-in services from our coffee shop including a¢$$ lo th¢ KCC Community Wardw4 Kent Poliw Space 2 Be M@ One You MOT h¢alth checks, hypertension heroes, healthwatch and much more. sical Activit Table Tennis s1onS pr(mio* and encourage a physical activity ag well as social engagement. Th¢se Sl0nS run on a Friday aftemooii and have 10 individuals and 3 families participat¢ in th¢ activity. Our Chair Aerobics s&8sions, funded by Involve Kent and Sport England. are for those 55+ or those with a long-terni health condition. Th&%e sessions are deliv<Y¢d &$ part of t])e KCC Universal Wellbeing Contract. Sessions compTise of light Chair- bas activity which is d¢liver¢d be a fully qualified instructor. L>ing one hour these.wions take place at the Rosemary Grnham Centre in Park W(bod on a Monday afternoon and al Fusion on a Wednesday afternoon. A iotsl of 65 individuals have benefitt¢d from this wvice. A Pilates training ball and resistance bands can be purchased from Fusion al Cost $0 that participants can continue with this light fonn of exercise at home. One You Sffvices deliver fac¢_to_face swions at Fusion offering one-to-one appointtnents to cover smoking ccssation, weight loss, MOT h1th ChkS and lifestyle services. Fusion PaTthLTuI with EK360 to deliver hypertensioi) heroes from October 2023 to March 2024. Hypert¥1 hwes is an NHS fi]ndcd initiativc wbityh cncourag of th¢ u)TnThuT]ity to get theIrbI pressure checked without having to make an apw)iDtm¢nt with theiT GP. This is led by a llY trained volunteer team. Fusion suptKTrrtcd and 7 vnlunt¢¢rs t)nd 3 volunteer project coordinator& A total of 14211)cal rrsidcnls a¢ce&8ed thi.%.qervi¢e. Fusion plan to extend thc rcach ot this programmc tv in¢lud¢ K1 Poli¢¢, Kalt Fire & Rescue. Maidstone Leisure Centre, Pth W(KKI Indv8tiiAI Egtate, the Nepalese community as well as maintaining a static SC5¥ion at our {tr¢ a mi)ntb. Fusion we HIthWatCh Rccognition award winn¥ in th¢ EThwaed Communities Cag(ry for our WO on the hypcrtcnsion hcwcs PTvjt. SupportLxl locally by MBC Fusion have recruited and trained a lead voluntecr and two Sup[ volunlcrrs kn launch the Ramblers Wellbeing Walks in Park W(K)d. The walks will k eaqy. inclusive. nDrni2lly lasting onty around an hour on good safc surfacL% Thc start and cnd will bc our centre in Park Wo(Kl. 3. Im rov Wcllbcin Our Golden FTieniLs Gniup contiTwes t(Tr run weekly delivered in parthership with Mid-Kent MIND. which allows access lo a MND wcllb¢ing work¢r allowing for the incoTwration of mental health SUPFKJrt. This can include planning r0V action allowing indivithlals to apply a holistiL apPrh to theiT life ond id¢ntify areas Wh thw ¢an improve their own well-being. We emphasis¢ that this group is a safe space for all, including vulncrablc MCInbS of the Lommunity and iheir ¢ar¢r's. The groups intenlion is to combat lon¥liness and social isolation. Each week a social or craft activiry is included in the group. Free refreshme])ts are always on offer and there is always a quiet sy8¢¢ to go to if B 7Vate cOnVer10n is needed with the w¢llb¢ing worker. Aims of the group are to improve menta] health, improve mental wellbeing, rlUc¢ so¢i&l isolation, build a peer Supp n¢tWOTk, build r¢sili¢n¢¢, rdiS¢ awarenws and signpost to other services which improve a participants Page 4
Docusign Envelope ID.. WIEDB4FA-9FAE4D574117-291EF24CDCDC Fusion Maidstone (A company limited by guarantee) Trustees, report For the year ended 31 March 2024 standard of life. There are Currently 50+ registered users of Goldcn Fricnds with new people joining every week. Thank you to Kent c.ommunity Foundation tor the coThlinusJ funding of Golden Trriends. Knit 'n Natter sncial graup continues on a iveckly basis. Aimcd al rcducing th¥ impaLI uf social isDl¢ilioD. giving members a support n¢twork, allowing theffl to d¢velop a skill i'la a meaningthl activity- Ihc group hav¢ knitted bonnet.s which have been donited lo the nLx)natal unit at Peinbury H05Pital and knitted blankets for thc Ukrainian rctugccs. Wc CUTrcntly work with 16 partlclpdnts. Bingo is dclivercd at Fusion on thc last Friday of ev(xy month from 2pm. This is a social activity open to all. Participant DuJJ)bu$ vary but average at l O per session. Our family thixapeuti¢ sessions c4)nlinue as a face-to-face service and arc available weekly by pre-booked appointmenl. These s&8sions eiiibrace a holistic approach with thc aim of anwJw<ring families with complex needs to improve their quality of lifc, cxplorc coping mcchan3sm$ and encourage the family to work cloqely togethcr to resolve issues and to meet the lamily's Theeds. We have ii'orked with 56 tamilics and I l illdividuais. Thank you to the Col)ier fergusson Charitable TTUSt Invcslillg in Families for funding this pTogramme. The diabetic eye screening clinic continucs to offcr wvices lo high risk patifflts - pregnant patients and the digital surveillance patients. 8,456 pati¢nts a¢t¢ndal. Crealive Crew the w'otnen's group continues on a Monday ev¢ning and currently support5 14 women within the local community. Our finance sessions are no1 incorp)rated with our family thcrapeulic pro¥ramm¢ wher¢ support is availabl¢ dIrt or by ref¢rrals made to CAB, Disability Assist, CAP and oiher organisations. Coffe¢ Hour continues on a Friday morning l Oam-l l am. This service is d¢liver¢d a direct result of the pandemic. It became apparent that there was gap in s¢rvi¢¢ provision on a Friday- this can bc a partivularly daunting tim¢ for memb¢r$ of the Community who are experiencing w mental healtb. Thi5 Service is access1 by l O individuals. Telephone befriending now forn)s part of our family therapeutic work lo ensure that all members of the community have access to support. A sexual health clinic offers priority and urgenl appoinlments to vulnerable patients most at risk of developing sexually transmitted infections or in need of ¢onlra¢¢piive injeclion8 especially those tbat require repeat 'long lasiing r¢versible eontractpiiY¢s' (LARCS) to help r¢duce teenage pregnancies. 36 people att¢nded. Games afternoon continues on a Friday afi¢rnoon 2pm4pm and provides a variety of board gam¢s, ¢abl¢ tennis, social intLTrilion and a craft table in a safe, welconiingy fricndly ¢nviriJnment. 8 people cutTently attend this service. 'Al)e Chatt), Café Schemc continiics fu%ioD and off¢rs a ¢hat and natler tablc on a Monda}, l Oain-2pm. This SCTVICC allows for members of the coJnmunity to cumc tvgdhcr tv ¥har¢ lif¢ per1enLe, knowlLxlgt and help8 to reduc¢ sn¢ial isolltion. This SCTV] is ¢oJnpldely volunteer led by a dl¢at{x1 team. Th¢ RLialibr8te Wellbeing Programn)e launclied from Fusion in January 2023. This is a 6-week progrdmmc dc]ivcr in partnership with The Wcllbcing Pcoplc which looks at impriTrving g¢n¢ral healtl) and wellbeing and is a natural nexi Step fmm our slow prvgramme. Thc Fusion SvLial Club is a group targeted at those 25+ who stwgglc wÈth social interdLtion by virtue of a hiddcn disability such as ASD, Aspergers or a Icaming difficulty. Wr i)ffu a sat¢ friendly spaLe to begin to explore developing 8ncial %kill$ and intcractions. AcLY¥s lo a s¢nsory room is also available together with craft activities, bodTd gamvi and supix)rtiv¢ staff Tid voluilteers. Fusitsn are part way through thc proccss of obtaining th¥ Onc Svnall Thing Trauma-lnfomed Silver Quality mark lo sliow we are an organisati()n whiLh is leading innovalion atid excellence witliin our sectnr in our trauma infDrnied responsivc work and appma¢h. Th¢re are 3 key words associated with the 5ilv(Y quality mark C.ollabordtive, Implemente Committed. We need to show we arc an i)r¥anisation which.. Takcs inlo aCLouni Ihe impa¢l of trauma on people's thinking, feelings and behai'iours Avoids triggering a irauma reaction and avoids rctrdumatising of individuals Involves all thc tcam in working in a trauma-infornied way Page 5
Docuslgn Envelope 10.. EAEDB4FA-9FAE4D57-8117-291 EF24CDCDC Fusion Maidstone (A eompany limited by guarydntee) Trustees, report For the year eDded 31 March 2024 Cons1d ihe 5 core values acro55 thc organitiOn Saf¢ty, Tru8tworthiness, Choice, Collaboration, Empowernient Adjusts the behaviour of staff and the organisations policics and proccdur Fusion are a host site for the KNIPT Re¢overy & Wellbeing College who deliver faCe-t£acc COUTS¢S from ow Park Wood ¢¥ntre. Infonnation and Advicc S¢s5iOTL$ W¢ wovide online wellness SilPPOrt, r&sourC, infDrn]atAon and advice OVLY our wcbsitc and 50cial medi& covering a multitudc of topics for partner services, different groups 11] Maidstrbne and Dur community to supwrt thc 1CrabIC and to sustain their physica] and mcntal hlh and w¢llb¢ing esIallY those suffering from Inent&l health, anxiety. dcprc¥sion and loneliness. Our Chief OtTJcu is a KCC Public H¢alih Champion, so Fusion Nns a new public health (>mpaign each month which inf0rn15 thc community vf the Tesources and services availablc. Fusion publishes 8 monthly 'Wlio1's on Guide, as w¢ll as promoting our seTViCCS on 4 Iclcvision $¢Teo)q witliin the centsr. IT Sessions, iPhonc and Android courses conlinue at Fusion with 30 people benefitting from this servico Wc have Crt u partnwhip link with Digit Kcnt via KCC for loan ¢quipm¢nt and social tariffs from broadband provision. Digital K¢nt also oftcr l-l segsians for thrkse who r¢qutre additional or continued suppurt. We run several drop-in services from our coffee thop Whe partner agencie5 can rnise awareness of their services and refetTdls can actioned. Communit So¢ial In¢lusion Sessions Natwest Bank partnered with Fusion lo host a Giving Tr¢¢ ApFtal for vulnernble children in Park Wood. This had an overwhelming r¢spons¢ and we were able to gifi presenis, ¢hocolal¢s and books to 100 vulnerable children who may othenvise not have rcccived a gift on Christm&8 Day. Liz Lucas, BusinL%s Support OffJcer from the Education Pp]e wro "W¢ jus¢ Tanted to say thank )'ou lor the generous donalions of gifts. books and selection boxes for ihc children's Christmas party last w¢¢k. Fath Christmas ¢am¢ and delivml them and the childTh were so excited, a wonderful way for our tamilies to start the Christmas holidays" Fusion werc choscn as one of the ¢hariti¢s supported by t])e MBC Chrismias Donations Hub whi¢h saw a fanthSti¢ ponSe from the residents of Maidstone Thc donalions rec¢ived allowLxI Fusion to help 22 families in Park Wood wlth a hamp¢r comprising of piesents, food, de¢oralions, ioiletries and lots of Christmas cheer. Fusion's CEO gave a live interview on BBC Radio Kent together with Julie Maddox from MBC wher¢ they talk¢d al)out the differencc the donation hub made to the families in Pad( Wood and to thank everyone Involved. On Friday 8th Decembcr 2023 Fusiun btaff. vvlunle¢rs and trustees presented Fusionclla to th¢ Lvmmunity. Thanks to funding from the MBC Creative Communitics grant. wc ivere able to offer the shoH and a Incal to Ihc LumJnunil} for £2 per p¢rson. We host this evcT)l al the Holy bJ)mily Church Hall and played to a sold audi¥n¢e of l OQ people. We are busy planning the 2024 production Pe Panto Visits Park Wood. Onc OA. th¢ highlights ofFusion's year is Eastcr Egg Bingo. All Ihr Eusl¢t Eg&is are donated 50 all thc proceeds contribute towards our annual fundraising targ¢t. A sp¢¥'iul thank you to Natwest Bank Maidslonc & La7kfi¢ld branches who SUPFKbrtcd Fusion by promoting the cvcnt and collccting Eastw donations from their staff and customcr5 which T¢buIt in a donation of over 100 eggs. On Sunday 17th March 2024 at Maidstonr L£isuT¢ ctr¢ Fusion entered a team into th¢ Rotary Club of Maidstone Rivcrsid¢ SPKinyor¢d swim relay rdising funds for Dcmclza Childr¢n¥ Charity as well as for Fusion. A total of 47 teams from 22 different organisations lovk part. Fusion"s tram swam & total of 69 lengths in 20 minulcs. YvuthlFJllnil , Activities Crafty Kids is a ¢rafl based programme which is deliversj to PTiTn8ry &ge children and their partnerlaver to pmmote family colwion. Th¢ group meets once a moiith. Led by one of our voluntccrs we design an unnual programme with a focus each month on a levant event from diff¢Tenl cultur&8. Project Salus dclivcr a youth group from Fusion once a week for age 11-14 year olds. Fusion's homewoJ ¢lub is delivered on a Tuesday 4.30pm-5.30pm and is an opa) access provision allowing for additional support for thos¢ slwggling with numerw and lil¢ra¢y. Fusion offer alternative meih(Kls of leaming su¢h as smarty maths. Page 6
D¢>¢usn Envelope ID: EAE084FA-9FAE4057-8117-291 EF24CDCDG Fusion Maidstone (A eompany Ilmiled by guarantee) Trustee$, report For the year cded.11 March 2024 The homewo club doubl&8 as a safe swial space foT ynung pwple aged 11-16 years who can access suptrf)rt. EldeAv A¢tivities FuDdd by grant nJvn¢y awaTdr(I through KLY)t Community Foundation and delivered in partnership with Mid-Kent MIND our Gold Friends group works with thc vulncrablc isolat1 in the community together with their carers. I'he group has art focus and uligny with th¢ six ways to wellbeing. Overall atlcndan¢e h&8 in¢reased and we have an averdgc of 45 p(x)plc at ea¥h session. Sessions are lield once a wcck for 2 hours with opcn acc$ availubl¢ to a wellbeing mental liealth worker from Mid-Kcnt MIND. Funded by grant money awardcd through Involv¢ as part of th¢ UnivLYsal Wellbeing funding and ndIng frown SpKJrt England our chaiT excrcisc classcs work with those who ar¢ 55+ or havc a long tcmi hcalth conditioll. tklivkml by a qualified Pil&ies instrnctor this group mects twicc a wcck- on a Mvnday at the Rosemary Graham C¢ntr¢ and on a Wcdncsday at Fusion and encourages g¢ntle Chair ex1$¢ Èo help improve mobility. Volunteers Opportunities are offered in administraiion. r¢¢eption, catering, ndraIsIng9 PToject Icads, Project assistants, so¢ial m¢dia, rnarketin8 and gardening to the I1 and wider Maidstone MmUnI&l¢S in¢luding tlie local college to gain training alld transfeTTable skills. Fusion cumtly has 85 r¢sistered volunteers, 72 of which arc activc. Service Portn¢rs Advo¢a¢y Peopl¢- Support S¢rvi¢¢s Ag¢ UK Maidston¢- Fi)ot Clinic British Red c.ross- Staff & Volunteer Training CGL- Dnig & Alcohol Addiction Chatty Café Schenie - Social Inclusion Christ Church- Pa WOLNI Allotments Citizens AdiTi¢e Bureau- Support, InfoT]nation and Advice Conimunigrow- Park Wood Allotments Cygnet HealthLare- Cooktng Academy Digital Kent- JT loan equipment, l-l Tuition and Social Tariffs Disability Assist- Supporl Infom)alion and Advice Dog's Trust- IAG EK360- Hypcrtension H<Yoes Future Schools Trnst- Young Person Cooking Programme Golding Homes- Housing AdviL¢ GTow19- Ctlg,1lnln8 Hea]th lntell1gLCC- Diabctic Eye Screening Clinio Hi K¢w]t- HvATing Impairn)eni Afiercare Infozonc- Youth Club for 13-11S y¢ars InvolvL K¥nt- Link W4)Tktrs Keni Adult Education- Training Progran]mL Kcnt C.ilrnTnunity Heulth NHS Trnsl- One You H1th Check SLTVi¢¢ Kent Community Health NHS Tru51- On¢ Yvu Lifestyle S¢Yvice Kcnt Ciimmunity H{1th NHS TTU14t- One You Stop Smoking Scr¥icc Ktht Police- Community Liaison drop in scrvic¢ KCC. C.vmTnunity Wurdth Servic¢- Support. Inforniation and Advicc Kent Wildlife Trnst- NatLWC Programm¢ KMPT RcLovcry & WLllbring cll¢g¢- Wellbeing courses Liv¢ Well Kent- Mental Hcalth scrvi MBC.- (h]L" You W¢ighi L4k%s Service & Ramblers Wellbeing Wajks MADM - sUprt ServicLS Maidstonc and Mid-Kcnt MIND- Training CA)urs Maidstone Riv¢r8ide Rotary- Pad( Wood Allotments Meadow Children's C.entre- Farnily Metro- C Card Training, Support, Advice and PruCts National Careers Service (NC,S)- Ernployability suPrt Nalwest Bank - Cost of Living Workshops NHS Sexual Health Park w{K Community Larder Page 7
Docu$ign Envelope ID: EAEDB4FA-9FAE4D574117-291EF24CDCOC Fusion Maid$ton¢ (A con)pany limited by guarantee) TrSte¢s, report For the year eDded 31 March 21124 Project Salus- Youth Club Red Box Project- Support, Advic¢ and products Salvation Anny- Fwd Phrcels Shaw Trnst- Mental Health Support Space2bem¢- Sensory sessions Survivors Story- Supw)rt with DV The Vine- Food Parcels Tr Tops Primary School- Family supwtrrt Victim Support- Support and advice W¢ are With You- CBT Wellbcing People- H¢alth and w¢llbeing services including Recajibrate Programme West Kent Integrated Sexual Health Scrvices- Sexual Health and PnK'¢dures Clinic Kent Coun Council Public Health DireCtore and broader networkin with other Health Livin Centrcs We maintaiii a good working relationship with the other Healtby Living Centr&8 in Kent. A more organised fornial network of Healthy Living Centr¢ in Kent has t)ow beet7 established. We continue to r¢sw)nd to the changing needs to meet our health inequality targets and share inforn)alion and best pra¢tice in service delivery. We continue to rely on the strength of joint workin8 and collal)oration between us and our fundcrs. Goldin Homes We maintain a g(M)d working relationship with Golding Homes and Continue to r¢spond to the changing needs and opFKJrtunities for their l¢nantg wid rwond &ppropriately. Maidstone Borou Council MBC We maintain a gTh)d wimking relaiionship with MBC members and officers to help us deliver on our objwtives. Prin¢1 al Sources of Fundin We are nded by Kent County Coun¢il {KCC) Publi¢ Health Directorate and various other fimders including the National Lottery to provide a healthy IiviDg centre in Park W(MJd and for the wider borough of Maidstone. Flnanclal Revle We continuc to develop 4 numb¢r of new s¢rvices and projects during the year as identified elsewh¢r¢ and th¢ Uh]ty has also developed strong relationships with a nuvnber of new parthaE. As with all chllrities we are facing an uncertain with decreasing fvnding. Risk Assessment This is r¢view¢d and monitored on a regular basis in respect of the main risks that might face the Charity. Policies and Procedures We have develop1 firni policies amd io cover all likely TentUalitieS affecting staff and ¢li¢nls. These w¢ being brought together in Managble forni and reviewed to en8ure they are in line with new legislation. Thc documcnts as agre are recorded at Board Meetings and &s required for the coming year. Financial Reserves Polic The Trnstees have decided to take a very simple approach io thc Icvel of reserves required for tlie Trnst on the following basis- Thc Trustees will keep in tts¢rve sutTicient to enable tlie TTUSt to continue to operate for 6 months should a]1 nding cease, to enablc a smooth down of all operations, and a possible hand over of various thnclions to other btxlies. In addition there is a need to ensure that funds aTe availabl# lo ¢ov¢r th¢ replacement of capital items within the coffee shop and the IT for publi¢ us¢, in addition to that required for back oifive functions. The amount for this res¢rv¢ b¢ing a minitnum of £65,(K>O. ITh addition io the above. the Trusie¢s will keep in r¢seTYe a minimum surn of £15,000 lo cover any long l¢mi absence or redundan¢y of staff. The Financc and General Pury0 Committ¢¢ will continue to inoiiitor the p)sition regarding th¢ reserves and will review the size of th¢ resce8 on an annual basis. Th¢ main rcason foT ih¢ Trust¢¢s prud¢xc¢ in setting aside these monies is to ¢nsure that the ppIe of Park Wood will Continue to receive from Fusion Maidstone a high standard of provision. The Te¢S will ¢ontsnu¢ to be mindful of the faci that thtre is a need io keep monies in reserve for futurc projccts whiY¢ Pag¢ 8
Do¢uslgn Envelope ID.. EAEDB4FA-9FAE4D57-8117-291EF24CDCDC Fusion MAidstone (A company Ilmlted by guarantee) Trnstees, report For the ytar ended 31 MArch 2024 we are unabl¢ to obtain the funding from other sources. Main ob e¢tive$ for 202¥25 Strategic Priority l - To adapt sirategies to develop d¢liv¢r projects to provide appropriat4 personal and profesqionll. emotional and pra¢111 support for resilience. To launch targeted &gmpaigns on increased health and safety. Strategi¥ Priority 2- To build a more r¢sponsiv¢ organisation. desigii roles and structures around ouicomes to increase response and flexibility. To provide employees with varie¢ adaptive and flexible roles so they acqui ¢ross-functional knowledge and trnining to Meet (l¢mands. Strategic Priority 3- To cnhance, expand and impTOV¢ digital CesSIbl]ity to strengthen links with customers. To build and ¢xlend pn)du¢tiv¢ relationships with appropriate partners and providers. Res onslbllltl of tb trustees The trustees (who are also the dire¢tors of Fusion Maidstone for die PUTW)ses of company law) are rponSIble for preparing Ilie Trustees, Annual Report and the financial slaiements in ac¢ordan¢¢ ivith he applicable law and United Kingdom Accounting Standards (Unil¢d kingdoni Generally Accepted Accounting Practice) including FRS 102 ' The Financial Reporting Standard in tlie UK and Republic of Ireland" Company law r¢quir¢s ihe tnjstees to prepare financial statements for cach ycar which give a true and fair rdleaion of the state of the affairs of thc charitabl¥ company as al the balan¢¢ sheet date of its incom¢ resources and application of r&sour¢es, in¢luding in¢ome and ¢xp¢nditure, for the financial year. In preparing these financial statements, thc trust are requtred to.. Select suiiable accounting poli¢i¢s and apply them consistently• Observe th¢ methods and principles in the Charities SORP. niake judgements and estimates that ar¢ reasonable and prudent prepar¢ th¢ finan¢iAI statements on the going concern basis unless il is inappropriatc to as5UTnc ihal the charitable company will continuc on that basis. The tswstees are responsible for maintainin¥ adwuat¢ accounting yrdS whi¢h disolose with reasonabl¢ accuracy ai any time thc finaT]cial wsition of the ¢hariiable ¢ompany and to enable theill to ensure tliat tlle financial statentS coniply with th¢ Companies Act 2006. The trust are also rcsponsiTrJle for saf¢gu0rding the assei of the ¢harilabl¢ ¢ompany and hence from takin¥ reagonable steps for the preveniion and detection of fraud a]id other IegUlarl11e5. The trustees arc respon51bl¢ tor th¢ mainienanLe and integrity of th¢ corporate and financial inforniation included on thc ¢liaritable company's website. Legislation in the United Kingdom governing Ihe preparation and diss¢minalion ot-fiiiancial statements rnay diffcr from le¥islation in other jurisdi¢tions. This reix)rt, which hag been prq)ared in a¢¢ordan¢¢ with Ihe special provisions relating to ci)Inpanies subjeci io the small r¢girne within Part 15 of the Companies Act 2006 was approvc(I by th¢ B0d and signed on its behalf by: FB7BFIOE50C9438... Mr T Taberer Chairnian ot Trustees Date.. 16 September 2024 Page 9
Docusvjn Envelope ID.. EAED84FA-9FAE4D57.8117.291 EF24CDCOC Fusion Maidslone (A company limi¢¢d by guarantee) Independent examlner's report FOT Ihe year ended 31 March 2024 Independent examiner's report to the Truste* of Fusion Maidstone ('the ¢hari¢able compgny,) I report to the charity Trustees on rny examinalion orth¢ accounls of the charitable company for the year ¢nded 31 March 2024. Responsibilities and basis of report As thc Tru5tccs of lh¥ Lharitobl¢ company (and ils directors for the purposes of company laiv) you are responsible for ihe preparalion of th¢ a¢counts in accordancc iyith thc rcquircincnt5 of th¢ Cornpajjies Aci 2006 ('the 2006 Act,). Having &%lisfi¢d myself that the accounts of the charilablc company arc not rcquircd to be audited under I'art 16 of the 2006 Act and aTC ¥ligibl¢ for independenl examination. I report in Tesp¢ci of rny examination of the charitablc company's account5 carried out under scction 145 of ih¢ Charities A¢1 2011 ('Ihe 2011 Act,). In carrying out my examinatithn I have followed the Directions givcn by Ihc Charity Commission undcr section 145(5)Ib) of thc 2011 Arl. Independent examiner's stAtement Sincc the charitabl¢ ¢ompany's gross illrome exceeded £250,000 your examiner inust be a membcr of a bod>, li5t¢d in slI0n 145 of ihe 2011 Act. I confirni that I am qualified io und¢rtak¢ th¢ examination because l am a member of TCAEW, which is one of the listed bodi¢s. I havc rompl¢l¢d my ¢xamin&tion. I ¢onfinn that no matters have come to my attention in connection wilh the ¢xamination giving me caus¢ to believe.. countin8 r¢cords ivere not kept in Tespect of the charilablc company as required by s¢¢tion 386 of the 2006 Act. or the accounts do not accord iyith those records. or the accounts do nol ¢omply with the accounting Tequirements of section 396 of the 2006 Act other than any rcquircmeni thrli Ihe accounts give a'truc and fail view which is nol a Mat considered as pari of an independent examination,. or the accounts have not b¢cn prepared in a¢cordan¢e with the methods and principlcs of th¥ Stst¢m¢lll of R¢commended Practice for uccounting and reporting by charities [applicable to chaTities preparin8 iheir accounts in accordancc with thc Financial Reporting Standard appliiabl¢ in th¢ UK and Rwublic of Jreland (FRS 102)]. I have no conccrns and hai'¢ come across no other matters in cojmcction wilh the cxamination to which attention.qhould be drawn in this port in ord¢r lo enable a proper under51anding of thc accounts to b¢ reached. This rcport is mad¢ solrly io the charitabl¢ company's TnJsle¢s, &5 a body, in accordance wilh I'art 4 of the Charities (Accounts and Reports) Regulations 21K>8. My work has bc¢n undcrtakrn so thal I might slat¢ lo Ihe charitable company's I"rust¢es tho8¢ matters l am T¢quircd 10 Stale to ih¢m in an Independent examinerfs report and for no oihcr purposc. Tu the full¢sl exlent pemiitted by law. I do not accept or assumc rc5pon5ibilit)' to anyonc other than ihe charitable Company aiid the charitable company's Truslc¢s as a body. for my work or for this reporL Signed: Te4 ce. Dated: 11 S.plembLJ a)24 Tracey Moor¢ BFP UHY Hacker Young Chartercd AcLountants Thames Hous¢ Roman Square Siltingbourne Kent MEIO 4BJ Pagc 10
Do¢u$tgn Envelope ID.. &4EDB4FA-9FAE4057-8117-291EF24COCDC Fusion Maidslone (A eompany limited by guarantee) Statement of fin2ncial activities {incorporating income and expendlture aeeount) For the year ended 31 March 2024 As restated Total funds 2023 UDre5tricted runds Restricted funds 2024 2024 Tot81 funds 2024 Ineome from: Donations and Icgacies Charitabl¢ aclivities 7.176 117,733 2.77 2.036 121,984 129.160 117.733 2.770 2.036 57,038 119.330 O(hcT trading activiti¢s Inv¢stmcn15 787 Total income 129,715 121,984 251,699 177, 755 Expendilure on: Raising thnds Charitrdbl¢ ULtivilies 704 704 99,148 118.155 217,303 J 77.610 Total expendilure 99.852 118,155 218,007 177,610 Net movement in funds 29.863 3,829 33,692 145 Reconciliation of funds: Ti)lal funds brough¢ forward as prcviously stal¢d Prior year adjustmenl 99.041 2,144 14,891 113.932 2.144 115,931 14 Total fundb brought fon¥ard as restated Net inovement in funds 101,185 29.863 14,891 3,829 116.076 33,692 115,931 345 Total funds carried forw4rd 15 131,048 18,720 149,768 JJ6,076 The 8tatEmenl of financial activities includes 411 gains and losses r¢cognised in the year. The noles on pagcs 13 to 26 forn) part of these financial statements. Pag¢ I
Docusun Envelope ID.. EAEDB4FA-9FAE4D57-8117-291 EF24COCOC Fusion Maidstone (A company limited by guarantee) Registered number: 04999497 BalaD¢e sheet As at 31 March 2024 As reslaled 2024 2023 Note Tangibl¢ assets Current assel$ 7,175 6,580 Debiors 12 9,128 151.031 5,323 J08,399 Cash at bank and in hand 160.159 113, 722 Creditors-. amounts falling due within on¢ year 13 {J7.566) (4,226) Net Current assets 142,593 109.496 Totgl net Ilssets 149,768 116.076 Charity funds Restricted funds 15 18,720 131.048 J4.89J 101.185 Unrestricted funds 15 Total funds 149.768 lJ6.076 The chaTitabl¢ company was entitled to ¢xemplion from audit undcr sc¢tion 477 orth¢ Companies Act 2006. The Inembers have not requir¢d the company to obtain an audit for the year in question in accordan¢¢ with section 476 of Companies Act 2006. The Trusl¢e acknowledge their responsibilities for complying wilh the reqireMentS of Ilie Act with respect to accountin¥ records and preparalion of financial slalem¢nl5. The financial statements havc bcen prepared in a¢cordimce with the provisions appli¢abl¢ to ¢nlitie5 subject lo the small companies r¢gime. The financial slatements were approved and auihorised for i55u¢ by the Trustee on 16 September 2024 and signed on their behalf by.. SwTr•d by.. Fb7BFIOESOC9438... Mr. T. Taberer Chairn]an The noles on page5 13 to 26 forni part of these financial stslements. Pa¥e 12
Docusign Envelope ID.. EAED64FA-9FAE4D57-8117-291 EF24CDCDC Fusion Maidstone (A company limited by guarantee) IYot¢s to the financial statements For the year ended 31 March 2024 General information Thc Lharity, is a publiL bcnclil cntily and d PTivale cornpany limitrd by guarantee, registered in England and Walcs.Thc addrc5s of the reElStered office is Ilnits 2 and 3. Cobb Wa),, Maidstonc, Kcnt, ME15 9XF,. Accounting policie$ 2.1 B18 of preparition of fillancial stalements The financial stalcn)cnts have be¢n pT¢paTed in accordance with the Chariti¢q SORP (PRS 102) Accounting and Reporting by Charities: Stament of Re¢omin¢nd¢d Practice applicable to charities preparing their accoun15 in COrdanCe wilh the Financial Reporting Standard applioabl¢ in the UK and Republic of Ireland (FRS 102), the Financial Reporting Standard applicable in the LIK and Republic of Ireland (FRS 102) and ihe Companies Act 2006. Fusion Maidston¢ meets the definition of a public benefit cntity under FRS 102. Assets and liabililies are inilially rwognised ai historical cost OT transaction valu¢ unl¢ss oth¢r¥vis¢ stated in the relevant accounting policy. The finan¢ial statements are prepared in sterling, which is the fun¢tional currency of the entity. Judgem¢nts and key 5Durces oTestimtion uheert*in¢y Th¢ pr¢paraiion of ihe f]nancial stalements requires Inanag¢ment to make judgements, estimates and assumptions thal affcct the amounts report¢d. Th¢se ¢slimates and judgcmenls are continually rcvicwcd and are based on exp¢Tirnce and oth¢r factors, in¢luding expectalions ot. tulure ei'cnt.% that arc believed to be reasonable under ihe circumstanccs. 22 Going foncern The TrusQes consider there are no matcrial unccTiainti¥5 about lh¢ Lhuri(y's ability lo continue as a going concern. 2.3 Income All income is recognised once the charit). has cntitlcmcnt to th¢ inci)m¢, it is probable that the incom¢ will bc r¢¢cii'cd and the lloun1 of incomc rcceivable can be measur¢d reliably. Granls ar¢ includ¢d in th¢ Stal¢in¢nt of financial activiiies on a receii'able basi5. The balance of in¢om¢ Tec¢iv¢d for specific purpo.ses but not exptnded during ih¢ period is shown in the relevant lund5 un th¥ Bulan¢¥ sh¢ei. Where income is re11'¢d in advaD¢e of entitlemenl of receipl. its recognition is deferred and included in creditors Js defeTr¢d income. Where entitlement occurs before income is received. Ihe incom¢ is acrrued. In¢oni¢ from ¢onlraW for the supply ol. services iq recogni.8ed w'ith th¢ delivery of the contracted 5erYice. Thi5 is clas5ificd as unrestricted funds unless there is a conlractual requirement (or it to be spent on a particular purpose and r¢iurn¢d, if unspent, in which case it may be Tegarded as re.qtricted. Page 13
Do¢us•3n Envel¢)pè ID.. EAEDB4FA-9FAE4D57-8117-291EF24CDCDC Fusion Maid5tone (A tompany limited by guarantee) Notes to the financial statements For tbe year ended 31 March 2024 Accounting policie5 (continued) 2.4 Expenditure Expenditure 15 rccognised once therc 15 a Icgdl OT Conslrnctive obligation to tranbfw ¢¢onomic benelit to a third party, it is probabl¢ that a transfer of economic benefits will bc rcquir¢d in settlement and thc amounl of the obligation can be measurcd rcliabl}'. Exp¢ndilur¢ is classificd by adivity. The costs of cach aclivity are made up of thc tolal of direcl costs and shared costs, including support vosls involved in undcrtaking each activity. Dircct C0515 altribuuble to a singlc aclivily are allocatcd dircctly io that activity. Sharcd costs M,hi¢h contribuic to more than one activity and support costs ivhich arc not attributablc to a singlc activity #re apportioned bctsyccn ihvs¢ u¢livities on a basis consigtent with thc usc ol. rcbources. Central staff costs are allocated on the basis of tim¢ sp¢nL and depreciation ¢harg¢s allooat¢d on the portion of thc ass¢t'S usc. Expenditurc on raising lunds includcs all expenditure inCu¢d by Ihe chariiable Company to raise funds for its oharitable purposes and includcs costs of all fundraising activities evenls and non-charitsble trading. Expenditure on charitsbl¢ activitie5 15 incurred on direcily undertaking the activilie5 Ivhich further the charitabl¢ companY5 objectiv¢s, as well as any assDcialed support costs. All expenditure is inclusive of iJTecovernble VAT. 2.5 Interest receivable Intcrcst on funds held on deposit is included when re¢eivable and the amount can be mea5urcd reliably by the charitable ¢ompany' Ihis is nornially upon nolification of the interest paid or payable by the institution with ivhom the funds are deposited. 2.6 Tangible fixed assets and depr¢eiation Tangible fixed ass¢ts ar¢ capitalised and recognised whcn future economic benefits art probable and th¢ cosl or Yalu¢ of the asset ean be measured reliably. Tangible fixed &ssets are initially recognised al cost. After recognitio under the cost model, iangible fixed assets are measurcd at C05L Ir5b accumulated dcprcciation uny accurnulated impairn)¢nt 105ses. All costs incuffed to bring a tangible fixed asset into ils intcndcd ivorking condition should in¢luded in the measurcment of cosi. Depreciation is charged so as to allocalc thc c051 oftsngible fixcd a5scts Icss th¢ir r¥sidu81 value over their estimated uscful Iiv¢s. using ihe 5traight-line m¢thod. Dcprcciation is prvvided on ihe following b&8is: Long-tcrn] Icasehold ptoperty rixtures and fittings Computer equipnienl 200/. 2/0 330/0 2.7 Financial instruments Th¢ charity only has financial as5e15 and financia] liabilities of a kind that qualifs, 8s basic tinancial inslnllnenls. B851 financial inslrum¢nls are initiall), recognised al transa¢tion value and subsequently measurcd al their setilement value. 2J PensioD5 The charityT operates & defined contribulion p¢nsion scheme and Ihe pension charge represents the amounts payablc by the charity to the fund in r¢s¢t of the yeaT. Page 14
Docusign Envelope ID: EAEDB4F9FAE4Ds741l7-29l EF24CDCOC Fusion Maidstone (A company limited by guarantee) ot¢s to the financial statements For the year ended 31 March 2024 Accounting policies (continued) 2.9 Fund accouDtiD General funds are unrestri¢t¢d funds which are available for use at the discretion of the TTUStee in fh¢ranCe of the general objectives of the charitable company and ivhich have nol b¢¢n d¢5ignal¢d for other purposes. Resiricled funds are funds which ar¢ lo be used in accordance w'ith sp¢¢ific restrictions imposed bj, donors or which have been raised by the charitable compan>, for particular purposes. Th¢ ¢os15 of raising and adiiiini51ering such funds are charged against the specific fund. Th¢ aim and use of each restricted fund i.q set out in the notes to ih¢ financial staleinents. Inv¢slm¢nl income, gains and losses are allocated to ih¢ appropriate fund. Income from donations and legacies Unrestricted fvnds 2024 Restrieitd funds 2024 Total funds 2024 Toidl fvnds 2023 Don&tions 7,176 7,176 121,984 10,377 47,26J Grant5 121,984 7,176 121,984 129,160 57,638 Analysis of2023 iolal byfvnd 10,377 47,261 57,638 Page 15
Do¢usn Envelop8 ID: EAED84FA-9FAE4D57-8117-291 EF24CDCDC Fusion Maidslone {A eompany limited by guaranlee) Notes to the financial statements For the year ended 31 Mareh 2024 Income from ¢harit*blt activiti Unrestricttd funds 2024 Total funds 2024 Total funds 2023 Jncome from charitable activities- Healthy living centre 117,733 117,733 119,330 Unrestri¢ted fud$ 2024 Total funds 2024 Tolal funds 2023 In¢ome from Healthy living centre Room rental income Caf¢ and drop in centre KCC Public Hcalth and Aduli Services 47,417 6,120 60,550 3.646 47,417 6,120 60,550 3.646 36,047 8,002 75.050 231 Oih¢r Total 2024 117,733 117.733 J19,330 All incom¢ from ¢haritable activitics in Ihe prior year d¢rived from unrestricied fids. In¢Dme from other trading aetivities Income from fundraising events Unrestri¢ted funds 2024 Tot¥1 funds rolal funds 2023 2024 Fundraisin8 2.770 2,770 Investment income Unrestricted funds Total funds 2024 Tolal (und 2023 2024 Incom¢ from cash invesim¢nls 2,036 2.036 787 All inv¢stnienl income in the prior year derivcd from unrestricted tunds. Page 16
Docusign Envelope ID: EAEDB4FA-9FAE4D574117-291EF24CDCDC Fusion Maidstone {A company limited by guarantee) Notes to the financial statements For Ihe year ended 3] March 2024 Analysis of expenditure by activities Activities undertaken directly Support costs As reslaled Toiul fynds 2023 Total runds 2024 2024 2024 Healthy living ctntre Community support projecls 22,223 38,914 156,166 178,389 38,914 155,559 22.051 61,137 156,166 217,303 177,610 Analysis of 2023 iolul 29,043 148,507 177,610 AnAlysis of direct costs Community support projeets 2024 As Yesiaied Tolal fund¥ 2023 Healthy living centrt Total funds 2024 2024 Staff costs 17,176 17,176 2,075 Purchases 2,075 1,382 431 Repairs and maintenanc¢ Lr¢dit ¢ard f¢es 39 39 49 Computer costs Activity costs Accr¢dilalion f¢es 2,942 24,239 2,608 2,400 36,839 39,447 2.400 22.223 38.914 61.137 29,043 Analysis of 2023 iolol 0,992 22,051 29,043 Page 17
DoGuson Envelope ID: EAEDB4FA.9FAE4D57-8117.291EF24CDCDC Fusion Maidstone {A company limited by guarantee) Notes to the financial statements For the )'ear ended 31 Mareh 2024 AnAlysis of expenditure by activities (eontinued) Analysis of support costs As resioted Tolal Healthy livig centre funds 2024 2024 2023 Staff cosls 103,475 12,138 5.634 6.261 2.537 7.034 2.471 ,496 2.030 3.884 310 103.475 12,138 5.634 6.261 2.537 7,034 2.471 ,496 2,030 3,884 310 99.252 12.969 6.319 4.532 2.327 5,667 2.111 2JO Rt and rates l.ight and heat R¢pair.s and maintcnance Insurance Legal and pro1¢55ional fees Tel¢phone Depr¢¢ialion Training costs Computer costs Subs¢riptions Cleaning and refuse collection Printing, postagc and stationery Advertising and proinotion General expenses Governancc costs- indcpcndcnt ¢xamination fccs 1.306 4,398 40 1,689 2,329 1,689 2.329 1,531 2.554 396 2,490 2.388 2,490 2,388 2.615 2,340 156.166 156.166 148,567 IDdependent examiner's r¢muneration 2024 2023 Fe¢s payable to the Charitable company's independent examiner for th¢ ind¢pendent cxamination of the charitable company's annual accounts 2,388 2,340 Page 18
Docu$n Envelope ID.. EAEOB4FA-9FAE4D57.8117.291 EF24CDGDG Fuslon Maldstone {A Company limited by guarantee) Notes to the financial statemenls For the jear ended 31 March 2024 StAff c05t5 As resiaEed 2024 2023 Wages and salaries Social security cost5 Contribution to defined contribution pension schemes 111,355 7,422 ,874 95,985 1, 771 1,496 120,651 99,252 The av¢rage number of persons employed by the charithble company during the year was as folloivs: 2024 2023 Administration and support Project delivery No einployee r¢¢eived remuneration amounling to fflorc than £60,000 An eiiher year. The Ch4rily Considers its key management personnel comprises the Trustees. The Truslees did nol r¢ceiv¢ any remunerdtion or other financial benefits for the year, direcil5' or indirectlv, from ihe Charity's funds (2023.. £Nil). io. Trustee's remuner*tion and expenses During thc y¢ar, no Trustees rec¢iv¢d any remuneration or other benefits (2023- £NIL). During th¢ y¢ar ended 31 March 2024, n() Trustee expenses have been IncU¢d (2023 - £NILI. Page 19
Docusryn Env8lope ID.. &IEDB4F9FAE4O57l17-291EF24CDcQc Fusion Maidslone (A company limited by guarantee) Notes to the financial statements For the vear ended 31 March 2024 ii. Tangible fixed assets Long-term leasehold property Fixtures rittings Computer equipment Total C05t At l April 2023 Additions 156,494 19,190 320 175,684 2.1191 1,771 At 31 March 2024 156,494 19,510 1.771 177,775 Deprecialion Al l April 2023 Charge for th¢ )'ear 156,494 12,610 1,374 I69,104 1,496 122 At 31 March 2024 156.494 13,984 122 170,600 Ntt book value At 31 March 2024 5,526 1.649 7,175 Ai 31 Alarch 2023 6,580 6,580 12. Deblors As reslaled 2023 2024 Due within one yeAr Trad¢ d¢btors 7.206 5.218 J05 Other debtors Prepaym¢nts and an]ed incomc ,922 9.128 5.323 Page 20
Docusign Envelope ID.. EAEDB4FA-9FAE4D574117-291 EF24CDCDC Fusion Maidstone (A eompany limited by guarantee) otes to the financial stalement5 For the year ended 31 March 2024 Creditor5: Am0(S f*lling due within on¢ year As reslaled 2023 2024 Trade creditors 755 1.674 Other taxation and social secur&ty Other creditors 13,732 1,081 1,998 602 Avcruals and d¢lerreil income 1.950 17,566 4,220 14. Prior year adjustments A review of th¢ ¢haritabl¢ company'5 payroll was undertaken post year ¢nd whi¢h idenlified that the PTior year surplus of Ihc unresiricted general nd had been understated by £2,144, and ihat debiors and crcditOTS balances had been similarly ov¢rs¢at¢d in aggregate. The results of Ihis revi¢w hav¢ b¢en Teflected in the 2024 financial stat¢in¢nts a prior year adjustment M,hich cotnprises two elemen as follows.. (a) A misallocation of postings li'&8 id¢ntifJed M,here transaclions had bccn postcd to cafe expens¢s instead of 'ageS pavabl¢ and pension payable instead salaries. As a result, the M'ages payable balan¢¢ of £4,686 and the pension payablc a]nounl of £105 included in other creditors as at 31 Marcli 2023 has been MTitt¢n back to thc prcvious year us a maleriMI error. Th¢ ¢orr¢ction of this error had lh¢ ¢ff¢¢l of T¢ducing other creditors in 2023 b) £4,911 and r¢ducing ¢afe expenses by £4,686 and salarics by £225 in 2023. (b) Further investigation rev¢aled that accounting procedurc5 for rcconciling amounts due lo HMRC had not b¢¢n properly nd¢rtaken. As a re5uII, A debtor balance oft. £2,872 relthing lo amounts oived to HMRC carried forward ai 31 March 2022 which w&s found to be erroneous and has been written back to th¢ prci'ious year as a material error. The ¢orre¢tion of this ¢rror had the effecl ofreducing other debtors in 2023 by £2,767 and increasing salaries by the same amount in 2023. Page21
Docusign Envelope ID.. &4EDB4F9FAE4DS74l17-29l EF24CDCDC Fusion Maidslone (A comp¥ny limited by guarantee) Notes to the financial statemeDts For the year ended 31 March 2024 15. Statement of funds Statement of funds- current year As reststed Balance at I April 2023 Balgnce at 31 M*rch 2024 Income Expenditure Unrt5tricted funds General funds 101,185 129.715 (99,852) 131,048 Restricted funds ree Food Friday Golden Fri¢nds 689 10,000 12,500 8,500 5,000 12,500 (5,789) (8.408) (8,429) (5,000) (11,114) (3,000) (3,000) (2,931) (s,000} (2.000) (3,844) {4,140) (52.000) (500) 2.708 6,8110 71 Involve CFCT Jnv¢sting in Communitics CFCT Inv¢sling in Families Mayor & M¢mb¢rs Grant Goldin8 Homes MBC Allotment Project MBC Summer & Winter Commwiity Support (irant MBC Panto Fusionclla 2.967 3,541 4,353 541 3.000 4,986 2.055 8.000 2,4)00 3,844 4,140 52,1)00 500 Engaging K¢nt Hypcrtension Hero Sport England Chair Exercise National Lottery Cost of Living funding Neighbourly Fund Family Lunch ThuTsday 14,891 121.984 {118,155) 18,720 Tot41 of funds 116.076 251.699 (213,007) 149,768 Page 22
Docusi9n Envelope ID.. EAEDB4FA-9FAE4D574117-291EF24COCOC Fusion Maidstone (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2024 15. Statement of funds (continued) Frcc food frid*} - Multipl¢ funded by Maidstone Borough Council (MBC) £5,000 & CObtr Charity Trusi £5,000. 'I'his fund proyides a flee three course n)eal on a Frida) to vuln¢rable members in the Communily. 'fhe criteria to acces5 this provision is a benelivpension recipient andlor eld¢rl> & isolated, has a Maidstonc poslcodc. Thc majority ol-thc 5pcnd ib oIi lood Mith an ¢le]nenl of salary & utility cosls. Guld] Fri¥nds- Multiple funded by KCF Daisy's foundation £5,(M)O (received in prior year). KC.14 I'argitar Trusk £5,0. MBC £2,500 and Philip & Conni¢ Phillips Found&inn £5.000. CFolden Fricnds is a social inclusion group d¢liY¢red in partnctship with Mid-K¢nl MtND. Involvc-this gtant is from Involve for chair aerobics. computcr courscs, board games afjd table tennis. CFCT Invc5ting in Communities- this grant is from CFCT ivith regards to Investing in Loinmunilies and conlributes towards salary costs. CFCT Investing in Families- this gTant is from CFCT with regards to Investing in Famili¢5 and conlribu1¢5 ioward5 healthlwcllbeing issues. Mayor & Members GTant- this grant is from KCC to contribute lo NumeracYlliterY Courses and HomeH'ork Club. Golding Homes - To PTovide 2 slow ¢ook¢ry courses to Park Wood residents hirgeting Golding Hornes tenants. MBC Allotnient Project- this granl is from Maids¢on¢ Borough Council to support the reinvigoration of the Park Wood alloth)ent projecl whi¢h commenced in 2014. MBC Sun)mer Community Support Grant-£4,300- Daily lunch boxes for children w'ho would usually access free school methls over the school summcr holidays. MBC Winter Community Support Grant- £3,700- Daily 18keaway meals Jan-mar 2024. MBC Panto FusionellYd- To Provide a panlo production & 3 course meal to 100 residents of Park Wood. Sport England Chair Exercise - To sel up deliver a 2nd chair ¢xercise session at The Rosemary Graham Centre in Park Wood. NL c.osl ol-Livin¥- To assist the local community with the cost of lii'ing crisis particularly focusing on food provision, pmviding a M'ami welcomc spac¥ nd IA(i. Neighbourly Fund Family LunLh'fhurbday- To host a family lunch on a Thur.8day during the school summ¢r holidays. Engaging Kcnl Hypert¢nsiun 14¢rves--l-o d¢liv¢r and leach members of ihc comtnunity liow to tak¢ th¢ir blood pressure at home. t(> understsnd blood prcssurc rcadings and how lo rnanage mod¢tal¢ lo high blood pressure. Recruit and train 5 hypcrtcnsion hcrocs i'olunt¢¢rs and 3 proje¢l coordinalors. Prior year ¥rant5 fully 5P¢lIt: KCF CAP Funding- This grant is froin KLL (Kent C.ounl)' Council) and was admTnisl¢rcd and managed by KCF (Kenl Community Foundation)- This ha5 fundcd Fusiun Iv work with a ¢onsuliation from CAP Enterprises Kent to writr and deliver ncw 3 )'rar bu5in¢ss plan po COVID. The neiv busincss plan was approTrcd hy the B(TrJTd in N()vtmber 2022 and w¢ coinmenced delii'cr). in Januar), 2023. Th¢ business plun focuses on the groi¥th of fusion and financial 5tabilit)'. KCL Digitsl Inclusion Fund- thi5 grant froin KCC TriLI KCF was to purchase equipment, run 11., Tablet. Android & iPhon¢ courses, room hir¢, irainw costs. and managemeni fee5. Thc grant iiioney ,% allowed to b¢ used on any IT costs which ¢n¢ouraged engagement with the public. Lovid grant5 - Thi5 H'a5 corc funding released by central and local go%'ernmeMt to assist with costs pom LOVID. There ivere no rcstrictions placed on this funding. Cllr liary C-.ook¢- this grdnt is from KCC, Cllr Gary Cooke lo conlribule tv Inlrodu¢tion to IT- digital inclusion Courses. Neighbourl). Aldi Coni Fund- this granl is frotn Neighbourl) from th¢ir Aldi Winl¢r Fund lo ¢onlribute towards the Fr¢¢ Food Page 23
DoSn Envelope ID.. EAED84FA-9FAE4057.8117_291 EF24COCDG Fusion Maidstone (A company limited by guarantee) Note5 to the financial statements For the year ended 3] March 2024 15. Statement of funds {continued) Friday project. Golding Homes- The Park Wood Newsletter is a quarterly publication which is produced by Fusion and focuses of all the services & organisations availabl¢ in Park Wood. We produce 2000 hard copies pcr quarter and also produce a digitsl version. KCF Lawson Endowment Fund - This grani is from Kent Community Foundalion and is an award of £5.000 from the Lawson Endowment for thc Park Wood allotmenl proj¢¢l. Statement funds - prior year As reslaled As Yestated Balance al Expendilure Tranlfers in/oui 31 March 2023 Balance al l April 2022 Income Unrestrieted funds G¥neral funds 90.862 130,494 (120,066) (105) 101, 185 Restricted funds Re*rict¢d 360 (360) (3,560) (4,477) (5, 730) (7, J30) (6,240) (5,500) (5,000) (9,533) (J,000) (1,000) (J,000) (2, 000) (5,000) {J4) Frc¢ Food Friday Cynlden FricTrds 4.249 1,485 5,625 7,130 720 689 5. 700 2, 708 KCTr CAP Funding KCC Digital Inclusion Fund Involve 105 5,520 Covid grants CFCT Inv¢s¢ing in Communities CFCT Lnv¢sting in Famllies Cllr Gary Cooke Mayor & Members Grant Neighbourly Aldi Com fund Golding Homes KLF Law'son ETrdoIncn1 Fund 5,500 5,000 12,500 1,0011 4.541 1.000 2.000 5,000 5.000 2,967 3,541 MBC Allotment Project 4,986 25.069 47.261 (57,544) J05 J4,89J Total of funds 115.931 177, 755 (J 77.6JO) 116.076 Pag¢ 24
Docusign Envelope ID.. EAEDB4FA-9FAE4D574117-291 EF24CDGDC Fusion Maidstone (A eompany limited by guarantse) Notes to the financial stgtements For Ihe year ended 31 March 2024 16. Allaly5is ofnet assets between fun•Js Analysis of net assets behv¢en funds- current period Unrestricted funds Restri¢led Total funds 2024 2024 2024 T8ngible fix¢d assets Current assets 7.175 141,439 (17,566) 7,175 160,159 {17,566) 18.720 Creditors due within on¢ year Total 131,048 18,720 149.768 Analysis of net Assets between funds- prior period As reslaled Unreslricied fun(ts Reslricledfvmds 2023 2023 As Yeslazed Total fvnds 2023 Tangible red assets Current assets 6,580 98,83J (4.220) 6,580 JJ3. 722 (4.226) 14,891 Credilors due iviihin on¢ y¢UT Tot*1 A$ re$t4t¢d IOJ, 185 14,891 lJ6,076 17. PensioD commitments The charity opcrates a dcfincd Lonlribution pension scheme. 'I"he assets of the schcmc arc hcld 5eparatcly fTom ihD%e i)f th charity in an indep¢nd¢ntly adininistered fund. The pension cost chargc rcprc5enls contributions pa)'able by the group to ih¢ fund and amounted to £706 {2023 £497) M'ere pa)'able to th¢ fund ai th¢ balance sh¢et dat¢ and are included in creditors. Operating l¢a$e ¢Drnmitments Ai 31 March 2024 th¢ charitable company had commitm¢ntS lo niakc fuiur¢ minimum lease pa)4nents under non-cancellabl¢ opcrating l¢ab¥b lis lollows.. 2024 2025 Not laler than l year Later than l ycai and not laler ihan 5 year5 12,500 14,583 12,500 27,083 27.083 39,583 P&ge 25
Docusyn Envelope ID.. EAED84F9FAE4Ds74l17-29l EF24CDCDC Fusion Maidstone (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2024 19. Related party transactions The charity has not ¢ntered into any related paty transaction during the year, nor are there any outstanding balances owing bctwccn rclated parti¢s and the charity at 31 March 2024. Pagc 26