Registered number: 4052692 Charity number: 1115566 S.N.O.O.P Special Needs Objective Outreach Project SNOOP (A company limited by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
SNOOP (A company limltod by guarantse CONTENTS Page Reference and admlnlrtratlve detalls of the charltable company* Its Trustets and advlsers Trustees, report Independent examlner's report ststement ol flnanclal actlvltles Balance sheet 9-10 Statement of cash flows li Notes to the flnanclBI 5taternents 12-29
SNOOP (A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Trustees Julie Bruce Ire5igned 21 November 20231 Christopher Pilkington Diane Pilkington Jill Ramsey Anne Whitaker Danielle Delaney-Anderson Louise Connors Company gIStered number 4052692 Charlty reglstered number 1115566 Re8lstered offl¢e Newlands House One Inspire Bradford Business Park Newlands Way Bradford West Yorkshire BDIO OJE Company secretary Dlane Pilkin8ton Chlef executlve officers Carol Janet Amery Iretired 31 October 20231 and Carol Ann 8eardmore Accountants BHP LLP New Chartford House Centurlon Wav Cleckheaton Bradford West Yorkshlre BD19 3QB Bankers Natwest l Market Street Bradford West Yorkshire BDI IEG Page I
SNOOP IA company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual report together with the financial 5tatement5 of the charitable company for the year I April 2023 to 31 March 2024. The Annual report serves the purposes of both a Trustees, report and a directors, report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice ISORPI applicable to charities preparing their accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland IFR51021 leffective I January 20191, Since the charitable company qualifies as small under section 382 of the Companies Act 2006. the Strategic report required of medium and large companies under the Companies Act 2006 Istrateglc Report and Directors, Report) Re8ulations 2013 has been omitted. Objertlves ond activltles • Pollcles and objectives The charity's policles and oblectlves are as follows,, To relieve the need5 of people with disabilities and their parents and carers through the provision of play and care actlvlties, helplsupport, education, training and advice. To advance the education and training of the public, in particular but not exclusively those workin8 With children and voung people wlth disability 1S5ues, In settin8 objective5 and planning for activitles, the Trustees have glven due conslderatlon to general guidance published by the Charity Commission relatin8 to public benefit, Includln8 the guidance 'Public beneflt: running a charity IPB21'. • Artlvftles undertaken to achleve objertlves The charity undertakes a number of activites to ensure It'5 objectives are achleved. The main activities undertaken are as follows.. al Provlde various service5 such as After School clubs, Youth club, Holiday Play scheme5, Adult day & evening 5e55ion5 and Holiday activities. bl Attend various reviews for education. health and Social care to 5UPPOrt parentslcarers, provide open door policy for parentslcarers to discuss any issues relating to the person they care for and their family, information events and working with external agencies, both statutory and voluntary sector, to benefit the wellbein8 of the families that the charity supports. cl Provide access to information on current changes in legislation and strategy which may affect their child and regularly update our staff training with the relevant a8encies and pass this inforrnation on, we are also called in to train parents on practical solutions to issue5 which impact on their caring role eg,. 5UPPOrt planning. Pa8e 2
SNOOP (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Obfvrtlves and aCtltIeS (continued) Achlevements andperformonce • Maln achlevements of the charitable company The financial year 2023-2024 has seen much of our strategic plannin8 and development of the charity come to fruition. Thls year also Saw the retirement Df one of the founder members of the charity after 23 years. Here at SNOOP, we have embraced the change and the opportunity, seeing exlstin8 Staff move into management role5 a5 part of their professional development and all with a strong focus on governance. The transition process has run very smoothly, and the changes have enhanced the way we work to deliver our charitable objectives. We have seen our SEND nursery become part of the charlty as the need for specialist early years places has grown. Demand for all of our servlces across the wide a8e range of 2-45 has Increased greatly and we have been able to invest in both staffln8 and resources and facilities to support this demand. Thls last year as a charlty we have supported 134 famllies, Provided 7,770 hours of care and support across all our Services over 50 weeks of the year, proved 13,939 carers breaks, and 622 short breaks for the most vulnerable young people. We have welcomed 4 additional new members of staff to our teams. The future looks excitin81 With plan5 for a 5ki115 and craft5 hub, development of employment skills through preparation for adulthood and we are lookin8 forward to celebrating 25 years serving chlldren and adults with disabilities and complex needs and their parent/carers acr05S the Brodford District. We continue to deliver on our fundraising 3-year strategy ond our links wlth the community and corporate contacts have increased and grown in strength. Looking ahead. we will be continuing to look at further developing our 5tafPing structure to support professional development into management as part of our strategic planning going forward with our Trustees. We have always been able to adapt to change in both Internal and external environments and our 'Can-Do Attitude, and positive approach has stood us In good stead for 24 years and so we wlll contlnue thls way as we approach our 25th anniversary. Looklng forward we are worklng on our new 3-year fundralslng strategy whlch wlll allow us to further develop our opportunities in this area, workin8 Wlth local businesses and swnsorship. The chlldren and the parentlcarers we support face huge challenges on a day-to-day basis, not only from their carin8 role. but from a whole range of economic factors. Seeing our young people work toward5 their aspirations In life and being able to share in their achievements gives us the drive to continue. At SNOOP, we accept people for who and how they are. and we are a charity with their needs at the heart of our work. IVS because of people such as, our passionate employees and our committed Trustee5 that we are able to continue the dream the two founding CEO'S first started 23 years ago. For all of these people and all of the incredible work, we give a huge thank you. Page 3
SNOOP (A company Ilmltèd by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Flnancial review • Golng concern At the tlme of approving the flnancial Statements, 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 accountin8 in preparing the financial 5tatement5. • Reserves poll¢v In the financial year 2023124. the charlty had unrestricted reserves of £365,05412023', £381,142>. Of thls, deslgnated reserves are specif ically allocated for the running costs of the core serwices as follows.. Adult service- £53,000 Chlldrens service- E35,000 Nursery- £35,000 Youth Club- £35,000 Charitable objectives- £30,000 The charity had restrlcted reserves of £56,73412023'. £4,68118lving a total reserves figure of £421,78812023: £385,283) and free reserves of £177,05412023: £193,142). • Flnancial revlew The charity generated a Surplus for the year of £35,965 12023.. £64,402). Funds carried forward at the year end are E421,78812023.' £385,823) of which £56,37412023.. £4,681) are restricted funds. Thi5 leaves total unrestricted funds of £365,054 12023 E381,1421, of which £188,000 12023.- £188,thJOI has been designated for specific purposes with the balance of £177,054 12023: £193,142) in general funds. Unrestrlcted net expenditure showed a deficit of £16,088 12023:surplus of £81,506). • Princlpal rlsks and uncertalntles The trustees have Identlfied that the main risks that the charity faces are funding, staffing. 8overnment priorities and councll cutbacks In services and grants avallable. More recently, the c05t of livlng crisis and the rlse In energy and wages costs have become a principal rlsk. All identified ri5k5 are reviewed on an ongoing basls in an effort to minimise any potential impact on the charity. • Financial risk management objectlves and pollcies The trustees have a risk management strate8y which compri5e5: l- a bi-monthly review of the risk5 the charity may face 2- the establishment of systems and procedure5 to mitigate any risks identified 3- the implementation of procedures designed to minimise any potential impact should those risks materiali5e Page 4
SNOOP (A company Ilmltsd by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 • Prlnclpal fundlng Principal fundin8 for the charity derives from grants. commissioning, fee Income and fundraisingldonations. Strurture, qovernance and manaqement • Constltutlon The charlty Is re8lStered as a charltable company limited by 8uarantee and is governed by Its Mernorandum and Articles of As50Clation dated 14 August 2000 and amended to allow for Sts current objectlves on 29 June 2006 and then further on 11 January 2018. There have been no changes in the objective5 since the last annual report. • Methods of appolntment or electlon of Trustees The mana8ement of the charitable company Is the responsibility of the Trustee5 who are elected and ctropted under the term5 of the Memorondum of Association. • Organlsatlonal structure and dec151on-makln8 pollcles The board of trustees, which can number between three and nine members, adminlsters the charlty. The board meets minimum of six times a year. Following the retirement of Carol Amery, Carol Beardmore has contlnued as sole Chief Executive - she is appointed to manage the day to day operation5 of the charity. To facilitate effective operations, the Chief Executive has delegated authority, within terms of delegation approved by the Trustees, for operatlonal matters Includin8 finance and employment. There are currently 6 members, each of whom agrees to contrlbute an amount not exceeding £10 In the event of the charity windin8 UP. • Pay Poll for senlor staff The pay of the senior staff is reviewed annually and normally increased In accordance with avera8e earnin8S. • Related party relatlon5hlps The charity's wholly owned Subsidiary SNOOP Trading Limited was established to provide nursery facilities. This company ceased operations during April 2023. Page 5
SNOOP (A company limited by guarantee) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 ststement of Trustees, responslbllltleg The Trustees (who are also the director5 of the charitable company for the purposes of company lawl are responsible for preparing the Trustee5' report and the financial statements in accordance with applicable law and United Kin8dom Accounting Standards Iunited Kingdom Generally Accepted Accountlng Practice). Company law requires the Trustees to prepore financial statements for each financial year. Under company law, the Trustees must not approve the f inancial statements unles5 they are satisfied that they give a true and fair vlew of the state of affairs of the charitable company and of its incoming resources and application of re50urce5, including its income and expenditure. for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policles and then apply them consistentlv; observe the methods and prlnciples of the Charities SORP IFRS 1021,. make judgments and accounting estimates that are reasonable and prudent,. state whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any materlal departures dlsclosed and explained In the financial statements,. prepare the flnancial statements on rhe goln8 concern basis unless It is inappropriate to presume that the charitable company will continue in business. The Tru5tee5 ore responsible for keeping adequate accountlng record5 that are 5ufflcient to Show and explaln the charitable company'5 tran5attions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply wlth the Companies Act 2CN)6. They are a150 responslble for safeguarding the assets of the charitable company and hence for taking reasonable Steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and siÉned on their behalf by.. .(Danielle Delaney-Anderson - Chair) ITrusteol Date.. 2511112024 Page 6
SNOOP (A compary limited by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 Independent examlner's report to the Trustees of SNOOP l*he charitable companv,) I report to the charity Trustees on my examination of the accounts of the charitable corrpany for the year ended 31 March 2024. Re5pon51bllltles and bas15 of report As the Trustees of the charitable company land its directors for the purposes of company lawl you are responslble for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examinatlon of the charitable company's accounts carried out under section 145 of the Charities Art 2011 {'the 2011 Act'l. In carrying out my examlnation I have followed the Directions given by the Charity Commission under section 145{511bl of the 2011 Act. Independent examlner's rtatement Since the charitable cornpany'5 gross income exceeded £250,000 your examlner must be a member of a body Ilsted In section 145 of the 2011 Act. I confirm that l am qualified to undertake the examlnatlon because l am a member of ICAEW, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attentlon In connectlon wlth the examination givin8 me cause to believe that in any material respect: accountlng records were not kept In respect of the charltable company as required by section 386 of the 2006 Att. or the accounts do not accord wlth those records,. or the account5 do not comply with the accounting requirements of sectlon 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which Is not a matter considered as part of an independent examination,. or the account5 have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accountin8 and reportin8 by charities lapplicable to charitie5 preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Thls report Is made solely to the charitable company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reportsl Regulation5 2008. My work has been undertaken so that I might state to the charitable company'5 Trustees those matters l am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charitable company nd the charitable company's Trustees as a body. for my work or for this report. Signed: Dated- 11 knco-kn 2a2 Lesley Kendrew Bsc FCA BHP LLP New Chartford House Centurion Wav Cleckheaton Bradford West Yorkshire BD19 3QB Page 7
SNOOP IA company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 UnrestrlctÈd funds 2024 Restrlcted funds 2024 Total funds 2024 Total funds 2023 Note Income from: Donations and legacies Investments 308,884 3N51 4,548 206,037 514,921 3,451 4,548 378,887 1,877 70,772 Other income Total Income 316,883 206,037 522,920 451,536 Expendlture on: Ralslng funds Charltable actlvlties 28,937 304,034 28,937 458,018 17,982 369,152 153,984 Total expendlture 332,971 153,984 486,955 387,134 Net movement In funds 116,088) 52,053 35.965 64.402 Recontlllatlon of funds: Total funds brought forward Net movement In funds 381,142 (16Jb88) 4,681 52,053 385.823 35,965 321,421 64,402 Total funds carrled forward 365,054 56,734 421,788 385,823 The Statement of finoncial activitle5 includes all 8ains and losses recognlsed In the year. The notes on pa8e5 12 to 29 form part of these financial statements. Page 8
SNOOP (A company Ilmlted by guarantee) REGISTERED NUMBER: 4052692 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note Flxed assets Tangible assets Investment5 li 2,%5 296 1,700 296 12 3,261 1,996 Current assets Debtors 13 65,943 375,144 65,083 324,592 Cash at bank and in hand 441.087 389,675 Creditors.. amounts falling due withln one year 14 122,5601 15.8481 Net current assets 418,527 383,827 Total net assets 421.788 385,823 Charlty funds Restrlrted funds 16 56,734 4,681 Unrestrlcted funds Designated funds General funds 16 8.000 177.054 188,000 193.142 16 Total unrestrlcted funds 16 365,054 381,142 Total funds 421,788 385,823 Page 9
SNOOP (A company limited by guarantee) REGISTERED NUMBER: 4052692 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2024 The charitable company was entltled to exemption from audit under section 477 of the Compa nies Act 2tJ)6. The members have not requi red the company to obtaln an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibillties for complylng wlth the requirements of the Act wlth respert to accountlng records and preparation of financlal statements. The flnanclal statements have been prepared in accordance wlth the provlslons applicable to entities subject to the small companies regime. The financial statements were approved and authorlsed for Issue by the Trustees and si8ned on their behalf by,, (Danielle Delaney-Anderson - Chalr) {Trusteel Date.. 2511112024 The notes on pa8es 12 to 29 form part of these financial statements. Page 10
SNOOP IA company limited by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Cash flows from operatln8 actlvitles Net cash used in operating activities 52,582 55,771 Cash flows from Investlng artlvltlts Dividends, interests and rents from Investments Purchase of tan8ible fixed assets 941 1,319 {2,971) Net cash (used In)/provlded by Investlng artlvltles 12,030) 1.319 Cash flow5 from finan¢ln8 actl¥ltles Net cash provlded by flnancln8 artivltles Change In cash and cash equlvalents In the year 50,552 57.OlJO Cash and cash equivalents at the beginning of the year 324,592 267,502 Cash and cash equfvalents at the end of the year 375,144 324,592 The notes on pages 12 to 29 form part of these flnanclal statements Page 11
SNOOP IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 General Informatlon SNOOP is a private company limited by guarantee domiciled and incorporated in England and Wales, The registered office is Newland5 House One Inspire Brodford Bu5ine55 Park, Newland Way, Bradford, West Yorkshire, BDIO OJE, The members of the company are the Trustees named on page l. In the event of the charity being wound up, the liability in respect of the 8uarantee is limited to EIO per member of the charity. A¢countin8 pollcies 2.1 Basls of preparatlon olfinonclal stotements The financial statements have been prepared In accordance wlth the Charltie5 50RP IFRS 1021- Accountin8 and Reporting by Charities.. Statement of Recommended Practice appllcable to charities preparin8 their accounts in accordance with the Financial Reporting Standard appllcable in the U K and Republlc of Ireland IFRS 1021 (effective l January 20191, the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021 and the Companies Act 2006. SNOOP meet5 the definition of a public benefit entity under FRS 102. Assets and liabllltles are inltially recognised at historical cost or transartion value unless otherwise stated in the relevant accounting policv. The financial statements are presented in 5terlin8 which is the functional currency of the charity and is rounded to the nearest £. 2.2 Golng concern At the time of approving the flnanclal statements, 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 g0Sng concern ba515 of accounting in preparing the financlal statements. 2.3 Income All income 15 recognised once the charitable company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet, Where incorre is received in advance of entitlement of receipt, its recognition is deferred and included in creditor5 as deferred income. Where entitlement occurs before income is received, the income is accrued. Income tax recoverable in relation to Investment income is recognised at the time the investment income is receivable. Other income 15 recogni5ed in the period in which it is receivable and to the extent the goods have been provided or on completion of the Service. Page 12
SNOOP (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (continued) 2.4 Expendlture Expenditure 15 reco8nised once there is a le8al or constructive obligatSon to transfer economic beneflt to third party, it is probable that a transfer of economic benefits will be required In settlement and the amount of the obligatlon can be measured rellably. Expenditure is classified by activity, The costs of each activity are made up of the total of direct costs and shared cost5, includin8 SUPPOrt costs Involved in undertakin8 each activity. Direct costs attributable to a single attlvlty are allocated dlrectly to that artivity. Shared costs which contribute to more than one activity and support C05t5 which are not attrlbutable to a single activity are apportioned between those activities on a basis con5i5tent wlth the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charge5 allocated on the portion of the asset's use. Expenditure on raising funds includes all expenditure incurred by the charitable company to raise funds for its charitable purposes and includes cost5 of all fundraising activitie5 events and non-charitable tradin8. Expenditure on charitable activities Is Incurred on dlrectly undertaking the activlties which further the charitable company'5 objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.5 Government gmntS Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financlal activities over the expected useful lives of the a55et5 concerned, Other grants are ¢dited to the Staternent of financial activities as the related expenditure is incurred. 2.6 Interest recelvoble Interest on funds held on deposlt is Included when receivable and the amount can be measured rellably by the charitable company,. this is normally UFJon notification of the interest paid or payable by the institutlon wlth whom the funds are deposited. 2.7 Tonglbleflxed a$5ets ond depreclatlon Tanglble fixed assets are capitallsed and reco8nised when future economic benefits are probable and the cost or value of the asset can be measured rellably. Tangible fixed a55ets are Initially recognised at cost. After recognition, under the cost model, tangible fixed asset5 are measured at cost less accumulated depreciation and any occumulated impalrment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so a5 to allocate the cost of tangible flxed asset5 less their residual value over their estimated useful lives, Depreciation is provided on the following bases.. Fixtures and fittings Computer equipment 25% straight line basls 25Yfj Straight line basis Page 13
SNOOP (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountln8 pollcles Icontlnued) 2.8 Investments Flxed asset investments are a form of financial instrument and are inltially recognlsed at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured rellably In which case It Is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as 'Gains1lLossesl on Investments. in the Statement of financial activities. Investments in subsidiaries are valued at cost less provlslon for Impairment. 2.9 Debtors Trade and other debtors are recognised at the settlement amount after any trade dlscount offered. Prepayments are valued at the amount prepald net of any trade discounts due, 2.10 Cash ot bank and in hond Cash at bank and in hand includes cash and short-term hlghly liquid investments wlth a short maturity of three month5 or less from the date of acquisition or openlng of the deposit or similar account. 2.11 Llabllltles and provlslons Liabilities are recognised when there 15 an obligation at the Balance sheet date as a result of a past event. it 15 probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recogni5ed at the amount that the charitable company anticipate5 It will pay to settle the debt or the amount it has received a5 advanced payments for the goods or services it must provide. Provision5 are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision Is based on the present value of those amounts, discounted at the pre-tax dlscount rate that reflects the risks specific to the liabllity. The unwinding of the discount is recogni5ed in the Statement of financlal activities as a finance cost. 2.12 Flnonclal Instruments The charitable company only ha5 financial assets and financial liabilitie5 of a klnd that qualify ès basic financlal instrument5. Basic f inancial instrument5 are initially recognised at transattion value and subsequently measured at their settlement value with the exception of bank loan5 which are subsequently measured at amort15ed cost using the effective interest method. 2.13 Pensions The charitable company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charitable company to the fund in respect of the year. Page 14
SNOOP (A company limited by guardntee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcies {continued) 2.14 Fund accountinq General funds a UnstrICted funds whlch are available for use at the dlscretlon of the Trustees in furtherance of the general obJectlves of the charitable company and whlch have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for partlcular purposes. The aim and use of each designated fund Is set out In the notes to the financlal statements. Restricted funds are funds which are to be used In accordance wlth specific restrlctlons Imposed by donors or whlch have been raised by the charitable company for particular purposes. The costs of raising and adminlsterlng such funds are charged against the specific fund. The alm and use of each restricted fund15 set out In the notes to the financial statements. Investment income, gains and losse5 are allocated to the appropriate fund. Income from donatlon5 and legades Unrestrkted funds 2024 Regtrfrted funds 2024 Total funds 2024 Donations 4,025 4,025 206.037 304,859 Grants 206,037 Fee Income 304.859 308,884 206,037 514,921 Unrestritted fund5 2023 Restricted fund5 2023 Total fund5 2023 Donations 13,562 13,562 139,583 225,742 Grants 139,583 Fee income 225,742 239,304 139.583 378,887 Page 15
SNOOP (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Investment Income Unrestrlrted funds 2024 Total nds 2024 Interest receivable on subsidiary loans Bank interest receivable 941 941 2,510 2,510 3,451 3.451 Unrestrirted funds 2023 Total funds 2023 Interest receivable on subsidiary loans Bank Interest receivable 1,319 558 1,319 558 1,877 1,877 Other Incomlnl resources Unrestrlcted funds 2024 Total funds 2024 Other Income 4,548 4,548 Page 16
SNOOP (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Other incoming resources (continued Unrestrlrted funds 2023 Total funds 2023 Management char8e5 receivable Other Income 63,444 7,328 63,444 7,328 70,772 70,772 Expendlture on ralsln8 fvnds Costs of ralslnq voluntary income Unrestrlrted funds 2024 Total fvnds 2024 Rent and rates 2,372 7,850 290 2,372 7,850 290 Consultancy fees Light and heat Wages and salarles Nl 17,747 678 17,747 678 28,937 28,937 Page 17
SNOOP (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Expendlture on ralsln8 lunds l¢ontlnued) Unrestricted funds 2023 Total funds 2023 Rent and rates 1,891 650 1,891 650 Consultancy fees Ll8ht and heat Wages and salarles Nl 316 316 14,276 849 14,276 849 17,982 17,982 Analysls of expendlture by actlvltles Total funds 20Z4 Support ¢osts 2024 SNOOP 458,018 458,018 Total funds 2023 Support costs 2023 SNOOP 369,152 369,152 Pa8e 18
SNOOP (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysls ol expendlture by activities Icontinuedl Analysis of support costs Total funds 2024 Total funds 2023 Staff costs 356,735 1,706 3,001 277,483 3,086 2,135 1,047 34,031 5,694 Depreciatlon Staff training and recruitment Staff healthcare Rent and rates 45,070 8,531 1,706 17.928 2,253 5.368 1,365 5,335 io Light and heat Insurance 7,532 8,536 1,537 3,476 2,595 956 Repairs and renewals Food and drink Prlntlng, postage and stationery Telephone and fax General expense5 Travel and subsistence 54 Governance costs 7.344 20,990 458,018 369,152 Independent examlner's remuneratlon 2024 2023 Fees payable to the charitable company's independent examiner for the independent exarnination of the charitable company's annual accounts 2,190 2,100 Page 19
SNOOP (A compary limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Staff costs 2024 2023 Wages and salaries Social security costs Contribution to defined contribution pension schemes 354,948 13,570 6,642 285,513 16,989 5,231 375,160 307,733 The average number of persons employed by the charitable company durlng the year was as follows", 2024 No. 2023 No. All staff 21 19 No employee received rernuneration amountlng to more than £60,000 in either year. The key mana8ement personnel of the charity are considered to be the Chief executive offlcers together with the management team. The total employee benefits of the key management personnel were £141,027 12023: £118,542). io. Trustees, temuneratlon and expenses Durin8 the year, no Trustee5 received any remuneratlon or other benefits12023 - £NILI. Durin8 the year ended 31 March 2024. no Trustee expenses have been incurred12023 - £NILI. Page 20
SNOOP (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ii. Tangible flxed assets Flxtures and ffttlngs Computer equlpment Totsl Cost or valuotlon At l April 2023 Additions 43,601 1,350 12,0431 9.522 53.123 2.971 12.043) 1.621 Disposals At 31 March 2024 42,908 11,143 54,051 Depreclotlon At l April 2023 Chargeforthe year On disposals 42.759 792 8,664 914 51,423 1,706 (2.043) (2,043) At 31 March 2024 41.508 9.578 51.086 Net book value At 31 March 2024 1,400 1,565 2,965 At 31 March 2023 842 858 1,700 Page 21
SNOOP (A company limitsd by guarnntee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 12. Flxed asset investments Inveslmenls In 5ubsldlary ¢ompanles Costor voluotlon At l Aprll 2023 296 At 31 March 2024 296 Net book value At 31 March 2024 Z96 At 31 March 2023 296 Prfnclpal subsldlarles The followln8 was a subsidiary undertaking of the charltabSe company.. Name Company number Snoop Trading Limited 09214603 The financial results of the subsldlary for the year were: Name ExpendIre Loss for the perlod Net Il•bllllles Snoop Trading Limited 3,792 {3,7921 (13.035} Page 22
SNOOP (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13. Debtors 2024 2023 Due wlthln one yeor Trade debtors 7.626 14,750 43,567 12.828 Amounts owed by group undertaklngs Prepayments and accrued Incorne 44,092 8,163 65,943 65,083 Credltors: Afflounts fallln8 due wlthln one year 2024 2023 Trade credltors 13,839 4.461 1,311 2,949 Other taxation and Social security Other creditors 4,026 Accruals and deferred income 1,822 22,560 5,848 15. Flnanclal Instruments 2024 2023 Finonclal ossets Financlal assets measured at fair value through Income and expenditure 375.144 324,592 Financial a55ets measured at falr value through income and expenditure comprise of bank balances. Page 23
SNOOP {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Statement of funds Statement of funds - current year Balance at I Aprll 2023 8•lance at 31 March 2024 Income ExPendIre Unrestn"ctedfvnds Deslqnatedfvnds Adult Service 53,000 35,000 35,000 35,000 30,000 53,000 Youth Club 35,000 35,000 35.000 30,000 Childrens Service Nursery Charltable objectlves 8,000 188,000 Generalfvnds General Funds- all funds 193,142 316,883 (332,971) 177.054 Total Unrestrlrtedfvnds 381,142 316,883 {332,971) 365,054 Restrktedfvnds Awards 4 All 8,053 162,035 23,977 15,8861 1121,1951 123,9771 11,2251 2,167 44.296 Council 3A56 Short breaks Bramall 1.225 Pears Youth Fund 10,000 10.000 5 Lane Community Health & Wellbeing Partnership 1,972 11.701} 271 4,681 206.037 1153,984) 56,734 Total offvnds 385,823 522,920 1486,955} 421,788 Page 24
SNOOP (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. ststement of funds (continued) ststement of funds- prlor year Balance at 31 March 2023 Balance at l April 2022 Transfers inlout Income Expenditure Unrestrlctedfvnds De51gnotedfvnds 3 months running costs fund Adult Servlce 96,O)0 196,0001 53,000 30,500 35,000 35,000 30,000 53,OlXI Youth Club 4,500 35,0 35,000 35,000 30,000 Childrens Servlce Nursery Charitable objectivès 100,500 87,500 188.000 Generolfvnds General Funds 199,136 311,953 {230,4471 187,5001 193,142 Total Unrestrf¢tedfunds 299,636 311,953 1230,4471 381,142 Restrktedfvnds Council 10,082 4,080 75,387 43,464 5,000 10,000 5,732 182,0131 147,5441 13,7751 iio,0001 {13,3551 3.456 Short breaks Bramall 1,225 Sport England Others 7,623 21,785 139,583 1156,6871 4,681 Total offvnd5 321,421 451.536 1387,1341 385,823 Page 25
SNOOP (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. ststement offunds (contlnued) The purpose of the restricted funds were as follows: Awards 4 All - Lottery grant for equipment, Councll - Varlous awards from Bradford Metropolitan Distrlct Council for items includlng staff tralnlng. Short breaks- Contribution towards general costs for providin8 child care. Bramall - Contribution towards the Help I'm Lost Cards. Pears Youth Fund ILeeds Communlty Foundatlon)- For staff and resources. 5 Lane Communlty Health & Wellbelng Partfier5hip- 4 dlgltal Incluslon work5hop5 for 20 young odults. 17. Summaryof funds Summaryoffund$- Current year B•l•nce at I Aprll 2023 Balance Jt 31 March ZOZ4 Incorne Expendlture Designated funds General funds 188.000 193,142 4,681 316,883 206,037 1332,971) 1153,984) 177,054 56,734 Restrirted funds 385,823 522,920 1486,955) 421,788 Summaryof funds- prlor year Balance at 31 March 2023 Balance at l April 2022 Transfers inlout Income Expenditure Designated funds General fund5 100,500 199,136 21.785 87,500 187,5001 188,000 193,142 4,681 311,953 139,583 1230,4471 1156,6871 Restritted funds 321,421 451,536 1387,1341 385,823 Page 26
SNOOP (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of net assets between funds Analysls of net assets between funds- current perlod Unrertrlcted funds 2024 Restrlcted funds 2024 Total lunds 2024 Tanglble fixed a55ets Fixed asset investments 2,965 2,965 2% 296 Current assets 384,353 122,5601 56,734 441,087 (22,560) Creditors due wlthln one year Totbl 365,054 56,734 421.788 Analysis of net assets between funds- prior perlod Unrestritted funds 2023 Restricted funds 2023 Total funds 2023 Tangible fixed assets Fixed asset investments 1,700 296 1,700 296 Current assets 384,994 {5,8481 4,681 389,675 15,848) Creditors due within one year Total 381,142 4,681 385,823 Pa8e 27
SNOOP IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 19. Reconclllatlon of net rnovement In funds to net cash ilow from operatlng artlvltles 2024 2023 Net income for the period las per Statement of Financial Activltlesl 35,965 64,402 Adlustmentsfvr.. Depreciatlon charges Dlvldends, Interests and rents from Investments Decrease/lincreasel in debtors Increase in credltors 1,706 3,086 11,3191 113,1041 4,025 16.712 12.971) Purchase of fixed assets Net C05h provlded by operntlng ortlvltle5 50,552 57,090 20. Analysls of cash and cash equlvalents 2024 2023 Cash in hand 375,144 324,592 Totalcosh gnd cash equlvolents 375,144 324,592 21. Analysls of changes In net debt At l Aprll 2023 At 31 Mah 2024 Cash flows Cash at bank and in hand 324,592 50,552 375.144 324,592 50,552 375.144 Page 28
SNOOP (A company limited by guarantse) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 22. Penslon commitments The charity operate5 a defined contributions pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £6.64212023 - £5,231). Contrlbutlons totalllng £1,31112023 - £nill were payable to the fund at the balance sheet date and are included In creditors. Operatln8 lease commltments At 31 March 2024 the charitable company had commitments to make future mlnlmum lease payments under non- cancellable operating leases a5 follows: 2024 2023 Not later than I year 3,789 3,102 24. Related party transactlons During the year the charity made the followin8 related party transactions with its trading subsidiary, SNOOP Trading Umited: 2024 2023 Management charges receivable Loan interest receivable 63,444 1,319 44.092 941 Amounts due and included wlthin debtors 13,809 25. Controlllng party Control of the charity is vested in the Trustees. Page 29