REGISTERED COMPANY NUMBER: 05898293 (England and Wales) REGISTERED CHARITY NUMBER: 1121126 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 FOR THE SPRING CHARITY
THE SPRING CHARITY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Page Reference and Administrative Details Report of the Trustees Independent Examinerfs Report Statement of Financial Activities Statement of Flnanclal Posltlon Notes to the Financial Statements 9 to 19 Detailed Statement of Financial Activities 20 to 21
THE SPRING CHARITY REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 AUGUST 2024 TRUSTEES Mrs J Spiby Mr D McAlpine Dr M Dickie (resigned 1315124} Cllr W A StraGhen Mrs C Bull (resigned 1212124) Mr J Dickie (resigned 13151241 Mrs J Freeman Mr P Chisanga (resigned 1212124) Ms M Mundirwa Mrs J S Mann (appointed 1315124) REGISTERED OFFICE The Spnng Charity Annex Community Centre Spring Lane Northampton NN12JW REGISTERED COMPANY NUMBER 05898293 (England and Wales) REGISTERED CHARITY NUMBER 1121126 INDEPENDENT EXAMINER Shaw Gibbs Limited Eagle House 28 Billing Road Northampton Northamptonshire NN1 5AJ Page 1
THE SPRING CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 The trustees who are also directors of the charty for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard appliGable in the UK and Republic of Ireland IFRS 102) leffeclive 1 January 20191. OBJECTIVES AND ACTIVITIES Objectives and aims The Charity's aims are,. to benefit families in the Northampton area by the provision of activities and facilities for care, leisure and recreation: lo promote social welfare by improving the conditions of life, and to benefit the public at large but especially those who are disadvantaged due to their youth, age, financial hardship or social, health or economic circumstances. The Trustees remain confidenl in the future of The Spring Charity. We continue to hold sufficient reserves lo sustain planned projects. The core membership trustee remains committed. enthusiastic and continue to provide a broad range of skills to give the necessary leadership and support to the flexible, skilled and dedicated staff and management of the charity. Public benefit The trustees have had regard to the guidance on public benefit issued by the Charity Commission and believe the activities of the charity further the charily's purposes for public benefit. Page 2
THE SPRING CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities It's been another busy year at the charity with many new initiatives to support the many families who visit the centre. We are very pleased with appointment of All (Family Worker - funded by Global) she has brought many new ideas and contacts she has built strong relationships with the families. We were sad to leam of the death of Rosie an ex-charity worker at the beginning of the academic year. The list of volunteers continues to grow taking on a number of roles. Thanks lo Melody who negotiated a good deal on blinds for our upstairs room and for fitting them. as well as carrying out odd jobs around the building. Strong links have been made with local businesses. Wickes carried out some redecoration as well as providing some colourful murals. The local Morrisons has been a major contributor to the non-food bank and Avon funded the 'Professional Pathways, project. The Slay and Play sessions continue to be very well attended, and a record system has been developed to record the impact thal these sessions are having on the children's physical. social. emotional and intellectual development. Under the guidance of Nic the aftemoon craft sessions are growing in popularity and their work can be seen around the Annexe. The grants from Anchor Butter and Sainsburys have been used to fund the family breakfast sessions and during the summer holidays breakfast boxes were distributed to 20 families. The 50 Families project was launched in July with 20 families attending. The initial session was a greal success, a cookery session was planned, and each family received an air fryer funded by'Food for Heros.. The Young Murns projed goes from strength to strength and strong links have been made with Homestsrt who work in partnership with Springs. A sucSsful 'Road to Receplion. programme was organised in June and July, it was well attended. Families received a school uniform and there has been positive feedback frorn the schools which the children transferred to. I'm sure that all the Trustees would support me in thanking Tracey for her commitment to the charity, her strong leadership and hard work. She is a positive role model for everyone involved with Springs and because of this the charity goes from strength to strength and it's reputation is spreading across a number of outside agencies. FINANCIAL REVIEW Financial Position and Reserves The trustees, current policy is to hold reserves of £45,000, to ensure continuity of the Charity and to allow for restructuring rf required. The Charity has more than sufficient in resetve to cover this contingency. Unrestricted reserves held at the year end are £49,138 (2023.. £49.812), restricted funds held are £16,186 (2023: £4,402) and total funds are £65.324 {2023: £54.214). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust. and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The Charity changed its name from Spring Lane out of School Club to The Spring Charity in November 2011. Page 3
THE SPRING CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure The Charity is constituted as a registered private company limited by guarantee with Memorandum and Articles of Association. There are no trustee vacancies. The Charity is organised so that the Board of Trustees meets regularly to manage its affairs. The number of meetings has been reduced, but trustees, either in smaller quorum groups or as a whole body meet sometimes virtually, to develop prOdureS and policies or respond to the needs of the community it serves. Trustees are recruited and appointed on an individual basis from representatives of the community or from representatives of the services that the charity provides to the community, are vetted by the Board and undergo DBS clearance. The committee is actively involved in the activities of the Charity and held in high esteem. The Charity vests the overall running of the Spring Chanty Venture in the appointed Senior Community Development Worker, supported by the treasurer and Chair. Approved by order of the board of trustees on 20th March 2025 and signed on its behalf by: Mrs J Spiby- Trustee Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SPRING CHARITY Independent examinerfs report lo the trustees of The Spring Charity (Yhe Company.) report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2024. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 Act.). Having satisfied myself thal the accounts of the 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 examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145{51 Ib) of the 2011 Act. Independent examiner's statement I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act. or the accounts do not accord with those records: or the accounts do not comply with the accounting requirements of Section 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 accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 10211. I have no concems and have come across no other matters in connection with the examination to which altention should be drawn in Ihis report in order to enable a proper understanding of the accounls to be reached. Use of our Report: This report is made solely to the charitable companws mernbers. as a body. in accordance wilh Chapter 3 of Part 16 of the Companies Act 2006. Our independent examination work has been undertaken so that we might slate to the charitsble company's members those matters we are required to state to them in an independent examiner's report and for no other purpose. To the fullest extent pemiitted by law, we do nol accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our independent examination work, for this report, or for the opinions we have fomied. N Fox FCA Shaw Gibbs Limited Eagle House 28 Billing Road Northampton Northamptonshire NN15AJ Date.. 1 April 2025 Page 5
THE SPRING CHARITY STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING AN INCOME AND EXPENDITURE ACCOUN FOR THE YEAR ENDED 31 AUGUST 2024 Period 114122 to 3118123 Total funds Year Ended 3118124 Total funds Unrestricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 6,430 854 7,284 1,608 Charitable activities Provision of Cotnmunity facilities 7,520 70,870 78,390 64,343 Investment income 1,203 1,203 608 Total 15,153 71,724 86,877 66,559 EXPENDITURE ON Charitable activities Provision of Community facilities 15,410 60,357 75,767 83,568 NET INCOMEI(EXPENDITURE) Transfers between funds (257) 11,367 417 11,110 (17,0091 15 Net movement in funds (674) 11,784 11,110 (17,0091 RECONCILIATION OF FUNDS Total funds brought fOard 49,812 4,402 54,214 71,223 TOTAL FUNDS CARRIED FORWARD 49,138 16,186 65,324 54,214 The notes fomi part of these financial statements Page 6
THE SPRING CHARITY STATEMENT OF FINANCIAL POSITION 31 AUGUST 2024 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds Notes FIXED ASSETS Tangible assets 12 727 1,627 2,354 1,571 CURRENT ASSETS Debtors Cash at bank and in hand 13 1.830 73,132 1.830 87,691 1,968 77,388 14,559 74,962 14,559 89,521 79,356 CREDITORS Amounts falling due within one year 14 (26,551) {26,551) 126,713) NET CURRENT ASSETS 48,411 14,559 62,970 52,643 TOTAL ASSETS LESS CURRENT LIABILITIES 49,138 16,186 65,324 54,214 NET ASSETS 49.138 16,186 65.324 54,214 FUNDS Unrestricted funds= General fund Restricted funds 15 49,138 16,186 49,812 4,402 TOTAL FUNDS 65,324 54,214 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (al ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 oflhe Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otheNise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. {bl The notes fomi part of these financial statements Page 7 continued.
THE SPRING CHARITY STATEMENT OF FINANCIAL POSITION - continued 31 AUGUST 2024 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 201h March 2025 and were signed on its behalf by.. Mrs Spiby - Tnjstee Mr D Mcmpine - Trustee Mrs J Frew . Trustee The notes fomi part of these financial statements Page 8
THE SPRING CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNTING POLICIES Basis of preparing the financial stalemenls The financial statements of the charilable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective 1 January 2019),. Financial Reporting Standard 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland. and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The presenlalional currency is pounds sterling {£). During the period the year end was changed to be August from March as this is more in line with funding patterns. This period represent a 17 month period, and so comparative figures are not comparable to the current period results. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Government Grants Government grants are recognised in the Statement of Financial Activities when they are received. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to thal expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated lo activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Toys & Equipment Computer and Offi equipment 33% on cost 33% on cost Fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Where parts of an item of property, plant and equipment have different useful lives, they are aGcounted for as separate items of propety, plant and equipment. Items under £200 are not capitslized. Depreciation methods. useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required lo assess whether there is an indication of impairment to the carrying value of assets. In making that assessment. judgements are made in estimating value in use. The direclors consider thal the individual carrying values of assets are supportable by their value in use. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Page 9 continued.
THE SPRING CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNTING POLICIES - continued Fund accounting Further explanation of the nature and purpose of each fund is included in the notes to the financial stalements. Penslon costs and other post-retlrement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Financial Instruments Cash and cash equivalents in the balan sheet comprise cash at banks and in hand and short ten deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income under administrative expenses. Financial liabilities and equity instruments are classified according to the substance of the Gontractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assels of the entity after deducting all of its financial liabilities. Significant Judgements and Estimates The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within Ihe individual accounting policies above. DONATIONS AND LEGACIES Period 114122 to 3118123 Year Ended 3118124 Donations 7,284 1,608 INVESTMENT INCOME Period 114122 to 3118123 Year Ended 3118124 Deposit account interest 1,203 608 Page 10 continued.
THE SPRING CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 INCOME FROM CHARITABLE ACTIVITIES Period 114122 to 3118123 Year Ended 3118124 Provision of Community facilities Total activities Contribution towards Annex Grants 7,219 71,171 13.902 50,441 78,390 64,343 Grants received, included in the above. are as follows= Period 114122 to 3118123 Year Ended 3118124 National Lottery The Clothworkers Foundation - Kitchen Space Development Constance Travis Endowment Fund for Northamptonshire Amazon Giving Grow Eat Cook - Hope Centre Councillor Community Funding Grant Forterra Community Fund Global's Make Some Noise Northamptonshire Community Foundation - Food4Heroes Fund Northamptonshire Community Foundation - Anchor Community Connection Fund Sainsburys Helping Everyone Eat Better Fund Happy to Help CIC Communities Fund West Northants Council - Household Support Fund 43,000 43,000 3.200 1.200 1,000 1,358 200 1,000 14,000 3,056 1,499 1,500 300 6.458 71.171 50,441 CHARITABLE ACTIVITIES COSTS Direct Costs {see note 6) Support costs {see nole 71 Totals Provision of Community facilities 62,146 13,621 75,767 Page 11 continued.
THE SPRING CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 DIRECT COSTS OF CHARITABLE ACTIVITIES Period 114122 to 3118123 Year Ended 3118124 Staff costs Postage and stationery Sundries Training Breakfast, lunches and snacks Equipment & project Gosts Travel expenses Cleaning Memberships and subscriptions Group Work Toys & Equipment Catering 33.773 878 100 1,510 1,909 2,857 78 7,071 2,635 10,837 33.351 1.256 160 3,118 1,003 149 8,835 2.998 9,777 3,841 498 62.146 64,488 SUPPORT COSTS Governance costs Management Finance Totals Provision of Community facilities 7.158 1,709 4,754 13.621 Support costs, included in the above. are as follows: Management Period 114122 to 3118123 Year Ended 3118124 Provision of Community facilities Total activities Premises utilities Telephone Advertising Premises expenses 2.611 740 12 3,795 5.721 979 18 6.089 7,158 12,807 Page 12 continued.
THE SPRING CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 SUPPORT COSTS- continued Finance Period 114122 lo 3118123 Year Ended 3118124 Provision of Community facilities Total activities Professional fees Bank charges Depreciation of tangible fixed assets 209 48 1,452 48 1,684 1,709 1,732 Governance costs Period 114122 to 3118123 Year Ended 3118124 Provision Community facilities Total activities Independent Examiner fees Accountsncy and legal fees 3,468 1,286 4.014 527 4,754 4,541 NET INCOMEI{EXPENDITURE) Nel incomellexpenditure) is stated after chargingl(crediting)= Period 114122 to 3118123 Year Ended 3118124 Independent examiner fees Independent examiner fees - payroll bureau Depreciation - owned assets 2,424 1.044 1,452 2,322 1.692 1,685 Page 13 continued.
THE SPRING CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees. remuneration or other benefits for the year ended 31 August 2024 nor for the period ended 31 August 2023. Trustees, expenses During the year £2.166 of expenses {2023= £1.227) were reimbursed to one trustee for expenses paid for on behalf of the charity- 10. STAFF COSTS Period 114122 to 3118123 Year Ended 3118124 Wages and salaries Other pension costs 32,971 802 32,337 1,014 33.773 33,351 The average monthly number of employees during the year was as follows: Period 114122 lo 3118123 Year Ended 3118124 Annex No employees received emoluments in excess of £60,000. Total trustee and key management personnel remuneration for the year was £15,701 (2023: £23,219). 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 1,607 1,608 Charitable activities Provision of Community facilities 15.102 49,241 64,343 Investment income 608 608 Total 17,317 49,242 66,559 EXPENDITURE ON Charitable activities Provision of Community facilities 9,772 73,796 83,568 NET INCOMEI(EXPENDITURE> Transfers between funds 7,545 3191 (24,554) 319 117,0091 Net movement in funds 7.226 (24,235) 117,0091 Page 14 continued.
THE SPRING CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted funds funds Total funds RECONCILIATION OF FUNDS Total funds brought forward 42,584 28.639 71,223 TOTAL FUNDS CARRIED FORWARD 49,810 4.404 54,214 12. TANGIBLE FIXED ASSETS Computer and office equipment Toys & Equipment Totals COST At 1 September 2023 Additions 3.000 790 2,235 3.790 2.235 At 31 August 2024 3,000 3,025 6,025 DEPRECIATION At 1 September 2023 Charge for year 1,517 1,000 702 452 2,219 1.452 At 31 August 2024 2,517 1,154 3,671 NET BOOK VALUE At 31 August 2024 483 1,871 2.354 At 31 August 2023 1.483 88 1,571 13. DEBTORS: AMOUNTS FALLING DUE THIN ONE YEAR 2024 2023 Trade debtors Taxation and social security Prepayrnents and accrued income 60 299 1,669 1.770 1,830 1,968 Page 15 continued.
THE SPRING CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Social security and other taxes Other creditors Accruals and deferred income 450 23,762 2,339 24,267 2,446 26,551 26,713 15. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 3118124 At 119123 Unrestricted funds General fund 49,812 {257) (417) 49,138 Restricted funds National Lottery ST Giles Fund Community growing and cooking project Family Support Health and Wellbeing Project 50 Families Family Breakfast Club Fund Amazon Fund Non Food Bank Sainsburys Fund 2.597 1.805 {3.0131 {1,000) 547 416 805 547 5.841 2,873 1.352 855 3.913 1) 5.841 2.873 1,352 855 3.913 4,402 11,367 417 16,186 TOTAL FUNDS 54.214 11,110 65,324 Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 15,152 (15,409) (257} Restricted funds National Lottery ST Giles Fund Community growing and cooking project Family Support Health and Wellbeing Project 50 Families Family Breakfast Club Fund Amazon Fund Non Food Bank Sainsburys Fund 43,000 (46,013) (1,000) (811) (3,013} {1,000} 547 1.358 14,000 3,056 1.499 855 6,457 1,500 {8,159) {183) (147) 5,841 2,873 1.352 855 3,913 {2,544) 1,501) 71,725 60,3581 11,367 TOTAL FUNDS 86,877 75,767) 11,110 Page 16 continued.
THE SPRING CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 15. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds Transfers between funds At 3118123 At 114122 Unrestricted funds General fund 42.584 7.547 (319) 49.812 Restricted funds National Lottery ST Giles Fund Cookery equipment Community growing and cooking project 25,418 3.221 {22,8211 {1.4161 (18) 2,597 1.805 18 301 28,639 24,556) 319 4,402 TOTAL FUNDS 71.223 17,009) 54,214 Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 17.317 {9.770) 7.547 Restricted funds National Lottery ST Giles Fund Kitchen space development Cookery equipment Henry Project Training and Delivery Community growing and cooking project 43,000 (65,821) {1.416) (3,200) {1,218) {1,000) 1.143) (22,821) (1,416) 3,200 1,200 1.000 118) 301) 49.242 73.7981 24,556) TOTAL FUNDS 66,559 83,568) 17,009) General Funds Available to be used for any charity use and expenditure. ST Giles Fund Funding received from the St Giles Charitable Trust to provide experience with age appropriate IT, for young children at home in the Castle Ward area of Northampton Town, and children in key stages 1 & 2 at school, where such equipment is limited. The balance on the fund includes IT equipment which will be depreciated over their remaining life. National Lottery Community Fund - RC Midlands Region Page 17 continued.
THE SPRING CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 15. MOVEMENT IN FUNDS - continued This is a National Lottery funded project given to 1. Enabling families in 'hard to reach, communities, that have not been supported previously. to enjoy the same outcomes and impacts as the other families Ihat the Charity support, and 2. Improving the inclusion of families from marginalised and disadvantaged sections of the community through involvement in group activities. Other key aims of the project are to enable friendships to establish, increase confidence in self and child rearing, enable joint parlicipation in community activities and projects and to improve wellbeing. confidence, and mental health. Cookery Equipment This project is funded by the Constance Travis Endowment Fund for Northamptonshire, and provides funding for tabletop stoves and hand food mixers that would be used for cookery session to enable the organisation to provide long-tenn, sustainable approach to addressing food poverty. Community growing and cooking project This project is funded by The Hope Centre Cook Grow Eat project and is to assist in establishing the community growing and cooking project. Cookery Development Spacè This project is funded by the Clothworkers. to develop the kitchen space within the Charity. Henry Project This project is funded by the Forterra Community Fund. for training and delivery of the Henry project. helping families be healthy. Family Support and Wellbeing project Funding provided by Global's Make Some Noise Charity for the increase in family provision, funding Family Support worker. 50 Families - Food4Heroes Funding provided by NCF. to set up a long term healthy eating project. Breakfast Club Project Funding from NCF Anchor Fund, to cover breakfast dub equipment. Amazon Fund Funding of £500 to support family provision, and £355 funding to support pre-school provision. Non Food Bank Project Funding provided by WNC for the non-fo(Kl household bank (distribution of non food items). Sainsburys Fund Funding for the set up of a family breakfast club Monday to Friday and to provide holiday breakfast packs. Transfers between funds Transfers between restricted funds and the General is to cover for the overspend in the year. Page 18 continued.
THE SPRING CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 16. RELATED PARTY DISCLOSURES Trustees made donations without conditions of £nil (2023: £800) in total during the period. One trustee was responsible for £5,854 (2023.. £140) of r(M)m hire income for the year. 17. ULTIMATE CONTROLLING PARTY The charity is under the control of its trustees. Page 19
THE SPRING CHARITY DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 Period 114122 lo 3118123 Year Ended 3118124 INCOME AND ENDOWMENTS Donations and legacies Donations 7,284 1,608 Investment income Deposit account interest 1,203 608 Charitable activities Contribulion towards Annex Grants 7,219 71,171 13,902 50,441 78,390 64,343 Total incoming resources 86,877 66,559 EXPENDITURE Charitable activilies Wages Pensions Postage and stationery Sundries Training Breakfast, lunches and snacks Equipment & project costs Travel expenses Cleaning Memberships and subscriptions Group Work Toys & Equipment Catering 32,971 802 878 100 1,510 1,909 2,857 78 7,071 2,635 10,837 32,337 1,014 1,256 160 3,118 1,003 149 8,835 2,998 9,777 3,841 498 62,146 64,488 Support costs Management Premises utilities Telephone Advertising Premises expenses 2.611 740 12 3,795 5,721 979 18 6,089 7,158 12,807 Flnance Professional fees Carried fOard 209 209 This page does not fomi part of the statutory financial statements Page 20
THE SPRING CHARITY DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 Period 114122 lo 3118123 Year Ended 3118124 Finance Brought fOard Bank charges Depreciation of tangible fixed assets 209 48 1.452 48 1,684 1,709 1.732 Govemance costs Independenl Examiner fees Accountancy and legal fees 3.468 1,286 4.014 527 4,754 4.541 Total resources expended 75,767 83,568 Net Incomel{expenditure 11,110 17.0091 This page does not fomi part of the statutory financial statements Page 21