Charity registration number: 1116381
Ups and Downs South West
Annual Report and Financial Statements
for the year ended 31 January 2025
Ups and Downs South West
Contents (continued)
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 21 |
Ups and Downs South West
Reference and Administrative Details
Trustees A Tanner, (Resigned 13 June 2024) L Moore, (Resigned 08 October 2024) L Bliss, (Resigned 12 May 2025) K Edwards, (Resigned 08 October 2024) E Hildesley J Foyle M Banks T Chaplin G Doherty, Chair (Appointed 12 May 2025) Principal Office The Old School School Road Westonzoyland Bridgwater Somerset TA7 0LN Charity Registration Number 1116381 Bankers Lloyds TSB Bank plc 25 Cornhill Bridgwater Somerset TA6 3AY Independent Examiner Mr R Cadwallader FCA Milsted Langdon LLP Chartered Accountants Winchester House Deane Gate Avenue Taunton, TA1 2UH
Page 1
Ups and Downs South West
Trustees' Report
The trustees present the annual report together with the financial statements and independent examiner's report of the Charity for the year ended 31 January 2025.
Objectives and activities
Objects and aims
The Association is established for the following exclusively charitable purpose:
The relief of families and carers of children who have Down Syndrome exclusively, by providing face to face support as well as any information necessary to enable these children to reach their full potential both educationally and socially and so that their conditions of life may be improved.
Ensuring our work delivers our aims
We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and in planning our future activities. In particular, the trustees consider how the 3 year development plan will contribute to the aims and objectives they have set.
How our activities deliver public benefit
Our main activities and those whom we try to help are described below. All of our charitable activities focus on children who have Down Syndrome, their families and carers.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
2024/25 saw the teams at Ups and Downs SouthWest embrace the principles and ambitions laid out in our new strategy. We have had a year of reflection and focus on developing our services enabling us to reach even more families and offer a broader set of services. Our focus is always to ensure parents, families and professionals are educated, supported and empowered in how best to enable their children and young people with Down Syndrome to achieve their goals and live meaningful and inclusive lives in their community.
In our research survey, families told us that one of their priorities and main areas of concern for their children and young people was access to meaningful speech, language and communication therapies. So, in 2024 we were delighted to be approached by The Bristol Down Syndrome Trust to take over their speech and language service. The first 6 months have been a great success, and we look forward to developing this service in the months and years to come.
To serve the South West more effectively we launched a series of coffee mornings in Devon. These have been well received and we are now looking at how we continue to run and further develop these sessions extending our geographical reach.
We have also seen success financially, ending the year in our strongest position yet. And a huge achievement this year was in securing Big Lottery funding for the Bristol office across the next 5 years.
Page 2
Ups and Downs South West
Trustees' Report (continued)
2024/25 has laid the foundation for a strong start to our new year. With the government services that our children and young people need being ever-stretched the work we do at Ups and Downs Southwest becomes more critical to the lives of children and young people who have Down Syndrome in the South West and we see first-hand the impact that we can make. We know that to have the greatest impact, we need to continue to look at new ways to raise funds, deliver our services in new, more efficient ways and continue to listen to our family’s needs.
Our Principles
We have developed a set of principles that will underpin our decision making and how we work:
We keep children and young people who have Down Syndrome at the heart of our work. We work to empower parents, carers, children and young people who have Down Syndrome. We are the ‘go-to; service in the South West. We believe in the power of delivering together. We look for the most effective way to deliver our services. We stay relevant to our children, young people and families needs.
Our Ambitions
Growing our volunteer network Serving the South West effectively Deliver specialist services Work directly with children and young people who have Down Syndrome Developing partnerships
Like so many charities, we are working amidst greater financial pressures. As such, we continue to be focussed on listening to our families needs, adapting to change and measuring and sharing our successes.
As an organisation we see first-hand evidence of the impact made by our dedicated and knowledgeable team every day. We are therefore committed to developing our services to reach more families, have a deeper level of impact and continue to make a positive difference to the lives and achievements of all our children and young people with Down Syndrome across the Southwest.
Our expert team:
Joanna Thorn, Director
Somerset
Jackie Lawrence, Senior Finance & Administrative Officer Michelle Bull, Family Support and School Liaison Service Jackie Sims, Family Support School Liaison Worker Jackie Andrews, Family Support Worker Cheryl Rose, Family Support Worker Christine Humphries, Youth Worker Gemma Lundy, Youth Worker
Page 3
Ups and Downs South West
Trustees' Report (continued)
Bristol
Lottie Park, Family Support and School Liaison Service Rachael Maddox, Family Support Worker Josie Shearer Burgess, Post 16 Worker Ann-Marie Bell, Finance & Administrative Assistant Sarah Jordan, Youth Worker
The Board of Trustees oversees the governance of Ups and Downs Southwest. It is made up of a group of volunteers who bring a range of skills and experiences to the running of the charity. Ups and Downs Southwest receives no government or statutory funding for the work it delivers.
We are grateful to the following funding partners for supporting us through 2024/2025:
The Henry Smith Charity Sobell Foundation The National Lottery Community Fund Baily Thomas Charitable Trust Postcode Local Trust Valentine Charitable Trust
We could not continue without the support of these groups, so thank you to them all.
Financial review
Income has increased by £62,261 to £334,953 (2024: £272,692) on previous year, mainly due to continued large grants from The National Lottery Fund for the Bristol Office Project. Total costs decreased by £4,873 to £288,210 (2024: £293,083).
The balance sheet remains strong after an increase in total funds of £46,743. Total funds stand at £141,813 (2024: £95,070).
The free reserves of the Charity (being the unrestricted funds of the Charity not currently invested in fixed assets at 31 January 2025 were £52,876 (2024: £44,931). The reserves policy of three months unrestricted spending is therefore currently being met.
Structure, governance and management
Legal information
Ups and Downs South West, “the Association”, was formed in January 1997 and is governed by its constitution. The Association became a registered charity on 13 October 2006. The Charity’s registered number is 1116381 and it is controlled and administered by the Management Committee.
Recruitment and appointment of trustees
One third, or the number nearest one third, of the Management Committee members shall retire by rotation annually but may be re-elected. The Trustees are members of the Management Committee of the Charity, and those who have served during the year are detailed on page 1.
The Management Committee may from time to time appoint any member of the Association as a member of the Management Committee to fill a casual vacancy or by way of addition provided that the maximum prescribed in clause 6 of the constitution is not exceeded. Any interested member may put their name forward for consideration, or when a vacancy arises the Management Committee may approach an individual who has the necessary skills to fulfil the particular vacancy.
Page 4
Ups and Downs South West
Trustees' Report (continued)
New members of the Management Committee will first be interviewed by the Chair of the Committee, and will then be briefed by the Chair and Operations and Business Development Director on the aims and duties of the Committee, as well as the broader aims and history of the Charity.
Trustees receive copies of previous committee minutes and a copy of the Trust Deed and are directed to the Charity Commission website for further details on Trustee duties.
Reappointment of independent examiner
A resolution to reappoint Mr R Cadwallader of Milsted Langdon LLP as independent examiner will be proposed at the annual general meeting.
Statement of Responsibilities
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the financial information included on the charity's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees of the Charity on 4 June 2025 and signed on its behalf by:
G Doherty Trustee
Page 5
Ups and Downs South West
Independent Examiner's Report to the trustees of Ups and Downs South West
I report to the trustees on my examination of the accounts of Ups and Downs South West for the year ended 31 January 2025.
Responsibilities and basis of report
As the Charity’s trustees of Ups and Downs South West you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
Having satisfied myself that the accounts of the Charity are not required to be audited and are eligible for independent examination, I report in respect of my examination of the Ups and Downs South West's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
Since Ups and Downs South West's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of Ups and Downs South West as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
R Cadwallader FCA Milsted Langdon LLP Chartered Accountants Winchester House Deane Gate Avenue Taunton, TA1 2UH
11 July 2025
Page 6
Ups and Downs South West
Statement of Financial Activities for the Year Ended 31 January 2025
| Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | 2025 | 2024 | |||||
| Note | £ | £ | £ | £ | ||||
| Income and Endowments | from: | |||||||
| Donations and legacies | 2 | 52,468 | 231,055 | 283,523 | 247,970 | |||
| Charitable activities | 3 | 1,146 | 27,749 | 28,895 | 2,340 | |||
| Other trading activities | 4 | 22,402 | - | 22,402 | 22,276 | |||
| Investment income | 5 | 133 | - | 133 | 106 | |||
| Total income | 76,149 | 258,804 | 334,953 | 272,692 | ||||
| Expenditure on: | ||||||||
| Raising funds | 6 | 3,242 | 11,167 | 14,409 | 15,979 | |||
| Charitable activities | 6 | 65,082 | 208,719 | 273,801 | 277,104 | |||
| Total expenditure | 68,324 | 219,886 | 288,210 | 293,083 | ||||
| Net movement in funds | 7,825 | 38,918 | 46,743 | (20,391) | ||||
| Reconciliation of funds | ||||||||
| Total funds brought forward | 45,408 | 49,662 | 95,070 | 115,461 | ||||
| Total funds carried forward | 16 | 53,233 | 88,580 | 141,813 | 95,070 |
All of the Charity's activities derive from continuing operations during the above two periods. The funds breakdown is shown in note 16.
The notes on pages 9 to 21 form an integral part of these financial statements. Page 7
Ups and Downs South West
(Registration number: 1116381) Balance Sheet as at 31 January 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| Note | £ | £ | ||
| Fixed assets | ||||
| Tangible assets | 10 | 1,975 | 2,636 | |
| Current assets | ||||
| Debtors | 11 | 457 | 274 | |
| Cash at bank and in hand | 12 | 146,104 | 100,761 | |
| 146,561 | 101,035 | |||
| Creditors: Amounts falling due within one year | 13 | (6,723) | (8,601) | |
| Net current assets | 139,838 | 92,434 | ||
| Net assets | 141,813 | 95,070 | ||
| Funds of the Charity: | ||||
| Restricted income funds | ||||
| Restricted funds | 88,580 | 49,662 | ||
| Unrestricted income funds | ||||
| Unrestricted funds | 53,233 | 45,408 | ||
| Total funds | 16 | 141,813 | 95,070 |
The financial statements on pages 7 to 21 were approved by the trustees, and authorised for issue on 4 June 2025 and signed on their behalf by:
G Doherty Trustee
The notes on pages 9 to 21 form an integral part of these financial statements. Page 8
Ups and Downs South West
Notes to the Financial Statements for the Year Ended 31 January 2025
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Ups and Downs South West meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The financial statements are prepared in sterling, which is the functional currency of the company and rounded to the nearest £.
Exemption from preparing a cash flow statement
As allowed by the Charities SORP (FRS102) the trustees have opted not to include a statement of cashflows due to the size of the charity.
Going concern
The Trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of the assets held by the Charity.
Income and endowments
All income is recognised when the Charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured. No gifts in kind were received during the year (2024: £nil).
Investment income
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the bank.
Charitable activities
Income from charitable trading activities is recognised when earned.
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Ups and Downs South West
Notes to the Financial Statements for the Year Ended 31 January 2025 (continued)
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs. Irrecoverable VAT is charged as a cost against the activity for which the expenditure is incurred.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Charitable activities
Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Tangible fixed assets
Individual fixed assets costing £150 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class
Fixtures, fittings and equipment
Depreciation method and rate 25% reducing balance
Trade debtors
Debtors are amounts due from clients for services performed in the ordinary course of the Charity's activities.
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Trade creditors and provisions
Creditors and provisions are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
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Ups and Downs South West
Notes to the Financial Statements for the Year Ended 31 January 2025 (continued)
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the Charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the Charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Operating leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Rentals payable under operating leases are charged in the Statement of Financial Activities on a straight line basis over the lease term.
Pensions
The Charity provides an auto-enrolment scheme for staff. All employees are entitled to join the scheme and will receive the appropriate company contributions, in line with the auto-enrolment legislation. The pension charge recorded in these accounts is the amount of contributions payable in the accounting year.
Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recorded at transaction value and subsequently measured at the carrying value plus accrued interest less repayments.
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Ups and Downs South West
Notes to the Financial Statements for the Year Ended 31 January 2025 (continued)
2 Income from donations and legacies
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | 2025 | 2024 | ||||
| £ | £ | £ | £ | ||||
| Donations | 52,468 | 231,055 | 283,523 | 247,970 | |||
| 52,468 | 231,055 | 283,523 | 247,970 | ||||
£52,468 (2024 - £38,414) of the income above was attributable to unrestricted funds and £231,055 (2024 - £209,556) attributable to restricted funds.
3 Income from charitable activities
| Unrestricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| funds | Restricted | 2025 | 2024 | |||||
| £ | £ | £ | £ | |||||
| Schools | visits income | 1,146 | - | 1,146 | 2,340 | |||
| Speech | and language therapy | - | 27,749 | 27,749 | - | |||
| 1,146 | 27,749 | 28,895 | 2,340 | |||||
£1,146 (2024 - £2,340) of the income above was attributable to unrestricted funds and £27,749 (2024 - £Nil) attributable to restricted funds.
4 Income from other trading activities
| 4 Income from other trading activities |
|||||
|---|---|---|---|---|---|
| Unrestricted | Total | Total | |||
| funds | 2025 | 2024 | |||
| £ | £ | £ | |||
| Fundraising and events | 18,990 | 18,990 | 18,663 | ||
| 50/50 club income | 3,412 | 3,412 | 3,613 | ||
| 22,402 | 22,402 | 22,276 | |||
£22,402 (2024 - £22,276) of the income above was attributable to unrestricted funds and £Nil (2024 - £Nil) attributable to restricted funds.
5 Investment income
| Unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|
| funds | 2025 | 2024 | |||||
| £ | £ | £ | |||||
| Interest | receivable | on | bank | deposits | 133 | 133 | 106 |
£133 (2024 - £106) of the income above was attributable to unrestricted funds and £Nil (2024 - £Nil) attributable to restricted funds.
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Ups and Downs South West
Notes to the Financial Statements for the Year Ended 31 January 2025 (continued)
6 Expenditure
| Expenditure on raising | Expenditure on raising | funds | Unrestricted Restricted |
Unrestricted Restricted |
Unrestricted Restricted |
Unrestricted Restricted |
Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Basis of | funds | funds | 2025 | 2024 | ||||||||||
| allocation | £ | £ | £ | £ | ||||||||||
| Events | Direct | 3,242 | 11,167 | 14,409 | 15,979 | |||||||||
| Costs of charitable activities | ||||||||||||||
| Unrestricted | ||||||||||||||
| funds | Total | Total | ||||||||||||
| Unrestricted | Restricted | Total | Total | |||||||||||
| Basis of | funds | funds | 2025 | 2024 | ||||||||||
| allocation | £ | £ | £ | £ | ||||||||||
| Employment costs | Direct | 40,478 | 171,493 | 211,971 | 219,301 | |||||||||
| Recruitment | Direct | 95 | 450 | 545 | 538 | |||||||||
| Staff training | Direct | - | 132 | 132 | 1,591 | |||||||||
| Establishment costs | Direct | 2,377 | 13,522 | 15,899 | 15,796 | |||||||||
| Printing, postage and | ||||||||||||||
| stationery | Direct | 769 | 1,802 | 2,571 | 2,865 | |||||||||
| Sundry | Direct | - | - | - | 55 | |||||||||
| Computer equipment | ||||||||||||||
| and leasing | Direct | 2,258 | 4,046 | 6,304 | 5,719 | |||||||||
| Motor and travel | ||||||||||||||
| expenses | Direct | 1,400 | 7,204 | 8,604 | 9,469 | |||||||||
| Consultancy and | ||||||||||||||
| mentoring | Direct | 14,213 | 1,463 | 15,676 | 13,797 | |||||||||
| Telephone | Usage | 1,923 | 2,672 | 4,595 | 3,747 | |||||||||
| Speech and language | ||||||||||||||
| therapy | Usage | - | 3,880 | 3,880 | - | |||||||||
| Accountancy fees and | ||||||||||||||
| independent | ||||||||||||||
| examination | Usage | 1,382 | 1,382 | 2,764 | 2,574 | |||||||||
| Legal and professional | ||||||||||||||
| costs | Usage | - | - | - | 604 | |||||||||
| Bank charges | Usage | 32 | - | 32 | 32 | |||||||||
| Depreciation of tangible | ||||||||||||||
| fixed assets | Usage | 120 | 541 | 661 | 879 | |||||||||
| Trade subscriptions | Usage | 35 | 132 | 167 | 137 | |||||||||
| 65,082 | 208,719 | 273,801 | 277,104 | |||||||||||
The expenditure on raising funds was £14,409 (2024: £15,979) of which £3,242 was unrestricted (2024: £2,525) and £11,167 was restricted (2024: £13,454).
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Ups and Downs South West
Notes to the Financial Statements for the Year Ended 31 January 2025 (continued)
The expenditure on charitable activities was £273,801 (2024: £277,104) of which £65,082 was unrestricted (2024: £64,854) and £208,719 was restricted (2024: £212,250).
7 Trustees' remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the Charity during the year.
8 Taxation
The Charity is a registered charity and is therefore potentially exempt from taxation. No tax charges have arisen in the year.
9 Employees' remuneration
The aggregate payroll costs were as follows:
| The aggregate payroll costs were as follows: | |||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Staff costs during the year were: | |||
| Wages and salaries | 199,373 | 206,453 | |
| Social security costs | 9,280 | 9,272 | |
| Pension costs | 3,318 | 3,576 | |
| 211,971 | 219,301 | ||
The monthly average number of persons (including senior management / leadership team) employed by the Charity during the year was as follows:
| 2025 | 2024 | |||
|---|---|---|---|---|
| No | No | |||
| Charitable | activities | 13 | 14 | |
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the Charity were £48,258 (2024 - £45,523).
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Ups and Downs South West
Notes to the Financial Statements for the Year Ended 31 January 2025 (continued)
10 Tangible fixed assets
| 10 Tangible fixed assets | |||||||
|---|---|---|---|---|---|---|---|
| Fixtures, | |||||||
| fittings and | |||||||
| equipment | Total | ||||||
| £ | £ | ||||||
| Cost | |||||||
| At 1 February 2024 | 10,222 | 10,222 | |||||
| At 31 January 2025 | 10,222 | 10,222 | |||||
| Depreciation | |||||||
| At 1 February 2024 | 7,586 | 7,586 | |||||
| Charge for the year | 661 | 661 | |||||
| At 31 January 2025 | 8,247 | 8,247 | |||||
| Net book value | |||||||
| At 31 January 2025 | 1,975 | 1,975 | |||||
| At 31 January 2024 | 2,636 | 2,636 | |||||
| 11 Debtors | |||||||
| 2025 | 2024 | ||||||
| £ | £ | ||||||
| Trade debtors | 457 | 274 | |||||
| 12 Cash and cash equivalents | |||||||
| 2025 | 2024 | ||||||
| £ | £ | ||||||
| Cash at bank | 146,104 | 100,761 | |||||
| 13 Creditors: amounts falling due within one year | |||||||
| 2025 | 2024 | ||||||
| £ | £ | ||||||
| Other taxation and social security | 2,720 | 3,051 | |||||
| Other creditors | 770 | 965 | |||||
| Accruals | 3,233 | 4,585 | |||||
| 6,723 | 8,601 | ||||||
Page 15
Ups and Downs South West
Notes to the Financial Statements for the Year Ended 31 January 2025 (continued)
14 Obligations under operating leases
Operating lease commitments
Total future minimum lease payments under non-cancellable operating leases are as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Land and buildings | |||
| Within one year | 4,700 | 4,700 | |
| Between one and five years | 783 | 5,483 | |
| 5,483 | 10,183 | ||
The value of operating leases expensed through the statement of financial activities regarding the rent of land and buildings during the year was £4,700 (2024 - £4,700).
15 Pension and other schemes
Defined contribution pension scheme
The Charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the Charity to the scheme and amounted to £3,318 (2024 - £3,576).
Page 16
Ups and Downs South West
Notes to the Financial Statements for the Year Ended 31 January 2025 (continued)
16 Funds
| 16 Funds | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | 1 | Incoming | Resources | Balance at 31 | |||||||||||
| February 2024 | resources | expended | January 2025 | ||||||||||||
| £ | £ | £ | £ | ||||||||||||
| Unrestricted funds | |||||||||||||||
| General | |||||||||||||||
| Unrestricted fund | 45,408 | 76,149 | (68,324) | 53,233 | |||||||||||
| Restricted funds | |||||||||||||||
| SCF Festive Fund | - | 4,995 | (2,124) | 2,871 | |||||||||||
| Office refurbishment | 503 | - | (126) | 377 | |||||||||||
| Quartet Foundation | - | 4,987 | (2,426) | 2,561 | |||||||||||
| Joseph's 21 Up Challenge | 245 | - | (245) | - | |||||||||||
| Jackie's Head Shave | 895 | - | (895) | - | |||||||||||
| Co-op Community Fund | - | 1,076 | - | 1,076 | |||||||||||
| Clare Milne Trust | - | 4,181 | (1,109) | 3,072 | |||||||||||
| Co-op Community Fund | - | 1,693 | - | 1,693 | |||||||||||
| SALT Service | - | 27,749 | (4,340) | 23,409 | |||||||||||
| BBN | - | 500 | (500) | - | |||||||||||
| TKMaxxHomesense | - | 500 | (420) | 80 | |||||||||||
| Hall Woodhouse | - | 2,000 | - | 2,000 | |||||||||||
| Tesco | 35 | 500 | (535) | - | |||||||||||
| Norman Family Trust | 1,865 | - | (1,530) | 335 | |||||||||||
| Awards for all/Big lottery | 5,404 | - | (5,404) | - | |||||||||||
| The Alice Ellen Cooper Dean | |||||||||||||||
| Charitable Foundation | 5,000 | - | (4,375) | 625 | |||||||||||
| The Masons Charitable Fund | 1,000 | - | (1,000) | - | |||||||||||
| Henry Smith Foundation - | |||||||||||||||
| continuation funding | 10,517 | 58,800 | (57,990) | 11,327 | |||||||||||
| BBC Children in Need | 104 | - | (26) | 78 | |||||||||||
| CIN Booster Grant | 324 | - | (82) | 242 | |||||||||||
| The National Lottery - Bristol | |||||||||||||||
| Office Fund | 13,812 | 136,323 | (123,313) | 26,822 | |||||||||||
| Valentine Charitable Trust | - | 5,000 | (1,238) | 3,762 | |||||||||||
| Sobell Foundation 2 | 7,500 | 10,000 | (10,000) | 7,500 | |||||||||||
| Arnold Clark Community Fund | - | 500 | (500) | - | |||||||||||
| Somerset Community | |||||||||||||||
| Foundation | 459 | - | (459) | - | |||||||||||
| BBC Children in Need | 1,249 | - | (1,249) | - | |||||||||||
| BNI Foundation | 750 | - | - | 750 | |||||||||||
| Total restricted funds | 49,662 | 258,804 | (219,886) | 88,580 | |||||||||||
| Total funds | 95,070 | 334,953 | (288,210) | 141,813 |
Page 17
Ups and Downs South West
Notes to the Financial Statements for the Year Ended 31 January 2025 (continued)
| Balance at | 1 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| February | Incoming | Resources | Balance at 31 | |||||||||
| 2023 | resources | expended | January 2024 | |||||||||
| £ | £ | £ | £ | |||||||||
| Unrestricted funds | ||||||||||||
| General | ||||||||||||
| Unrestricted fund | 49,651 | 63,136 | (67,379) | 45,408 | ||||||||
| Restricted | ||||||||||||
| Office refurbishment | 671 | - | (168) | 503 | ||||||||
| Joseph's 21 Up Challenge | 245 | - | - | 245 | ||||||||
| Awards for All | 1,284 | - | (1,284) | - | ||||||||
| Jackie's Head Shave | 1,081 | - | (186) | 895 | ||||||||
| Edward Gostling Foundation | - | 10,000 | (10,000) | - | ||||||||
| Tesco | - | 375 | (340) | 35 | ||||||||
| Norman Family Trust | - | 2,000 | (135) | 1,865 | ||||||||
| Awards for all/Big lottery | - | 9,835 | (4,431) | 5,404 | ||||||||
| SCF - Somerset West & Taunton | ||||||||||||
| VCS small grants | - | 400 | (400) | - | ||||||||
| The Alice Ellen Cooper Dean | ||||||||||||
| Charitable Foundation | - | 5,000 | - | 5,000 | ||||||||
| The Masons Charitable Fund | - | 1,000 | - | 1,000 | ||||||||
| Henry Smith Foundation - | ||||||||||||
| continuation funding | - | 57,800 | (47,283) | 10,517 | ||||||||
| Bjorgolfsson | 1,000 | - | (1,000) | - | ||||||||
| McCarthy | 1,000 | - | (1,000) | - | ||||||||
| BBC Children in Need | 139 | - | (35) | 104 | ||||||||
| CIN Booster Grant | 433 | - | (109) | 324 | ||||||||
| The National Lottery - Bristol | ||||||||||||
| Office Fund | 31,326 | 113,146 | (130,660) | 13,812 | ||||||||
| SCF Wessex Water | 2,475 | - | (2,475) | - | ||||||||
| Coffee Mornings 2 | 1,776 | - | (1,776) | - | ||||||||
| Sobell Foundation 2 | 7,500 | 10,000 | (10,000) | 7,500 | ||||||||
| Somerset Community Foundation | 4,197 | - | (3,738) | 459 | ||||||||
| BBC Children in Need | 11,933 | - | (10,684) | 1,249 | ||||||||
| BNI Foundation | 750 | - | - | 750 | ||||||||
| Total restricted funds | 65,810 | 209,556 | (225,704) | 49,662 | ||||||||
| Total funds | 115,461 | 272,692 | (293,083) | 95,070 |
Page 18
Ups and Downs South West
Notes to the Financial Statements for the Year Ended 31 January 2025 (continued)
The specific purposes for which the funds are to be applied are as follows:
Sponsorship of youth clubs - to help support the running of youth clubs. (BBC Children in Need).
Office refurbishment - to support the costs of refurbishing the office (Clothworkers Foundation).
Joseph's 21 Up Challenge - KS4 14-16 club.
Jackie's Head Shave - Family events.
Tesco - Family events.
Sobell Foundation - School Liaison Work.
Awards for All/Big Lottery - New volunteer training programme.
Henry Smith Foundation - Family support.
BNI Foundation - KS4 cookery class,
Children in Need - Booster grant for DS resources.
The National Lottery Community Fund - Grant towards the set up of a new Bristol office.
Somerset Community Foundation - Training/Family support.
Norman Family Trust - Family support and East Devon.
Alice Ellen Cooper Dean Foundation - Sherbourne youth club.
Masons Charitable Fund - WDSAD Family event March 2024.
Clare Milne Trust - Devon family support
Co-op Community Fund - Parent/carer training
Quartet Foundation - WSM youth club
Valentine Charitable Trust - Dorest family support
SCF Community Fund - Somerset family support
Arnold Clark Community Fund - Somerset family events
Co-op Community Fund - Somerset family events
Page 19
Ups and Downs South West
Notes to the Financial Statements for the Year Ended 31 January 2025 (continued)
Speech and language therapy service - self funding
BBN - October experience exchange
TKMaxxHomesense - Baby packs
Hall Woodhouse - Family support
BBC Children in Need - Youth Clubs 3 year funding from 1st December 2020.
Page 20
Ups and Downs South West
Notes to the Financial Statements for the Year Ended 31 January 2025 (continued)
17 Analysis of net assets between funds
| 17 Analysis of net assets between funds | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total funds | |||
| funds | funds | 2024 | |||
| Current year | £ | £ | £ | ||
| Tangible fixed assets | 358 | 1,617 | 1,975 | ||
| Current assets | 59,598 | 86,963 | 146,561 | ||
| Current liabilities | (6,723) | - | (6,723) | ||
| Total net assets | 53,233 | 88,580 | 141,813 | ||
| Total funds | |||||
| at 31 January | |||||
| Unrestricted | Restricted | Total funds | |||
| funds | funds | 2024 | |||
| Prior year | £ | £ | £ | ||
| Tangible fixed assets | 477 | 2,159 | 2,636 | ||
| Current assets | 53,532 | 47,503 | 101,035 | ||
| Current liabilities | (8,601) | - | (8,601) | ||
| Total net assets | 45,408 | 49,662 | 95,070 | ||
Page 21