Charity number: 1122091 Registered Company Number: 06262852
(England and Wales)
## Livestock
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2024
Page 1 of 17
Charity number: 1122091 Registered Company Number: 06262852
(England and Wales)
|Livestock||
|---|---|
|Contents Page||
|For the year ended 31 March|2024|
|Report of the Trustees|3–6|
|Reference and Administrative|7|
|information||
|Independent Examiner’s Report|8|
|Statement of financial activities|9|
|Statement of financial position|10|
|Notes to the financial statements|11 - 17|
Page 2 of 17
Charity number: 1122091 Registered Company Number: 06262852
(England and Wales)
## Livestock Report of the Trustees For the year ended 31 March 2024
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 March 2024. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2015)
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
Livestock is an arts and community development charity. We run projects that engage with the themes of mental health and wellbeing, focused on individuals ’ personal stories. We enable people to share their histories and experiences to connect and communicate with each other. Our peer support groups use creativity as a tool to empower. We work primarily with mothers and families.
The company aims to advance education for the public benefit by the promotion of the arts, especially performance, writing and art; and mental and physical wellbeing through mindfulness and food activities. We work especially with communities in the Brighton and Hove area.
The trustees have considered the Charity Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2) .
## **ACHIEVEMENTS AND PERFORMANCE**
## **Significant activities**
Mothers Uncovered founder Maggie won three awards: Big Issue Changemaker 2024, WISE Women 100, and Expert Citizens for Leadership.
We received a significant amount of coverage due to the financial struggles facing charities and impacting our activities, with articles/interviews on BBC S.East, ITV Meridian, The Big Issue. The i- news and Danish paper Nederlands Dagblad. Our profile was also raised by Maggie’s petition about increased work requirements for parents on Universal Credit, which would negatively impact single mothers in particular. This brought coverage of our work in several media outlets.
SoulFood closed this year after the lead worker wanted to move in a different direction from the charity’s objectives. This was seen as a timely move, as Livestock’s focus was shifting more into the maternal health areas of work.
## **Achievements**
## **Mothers Uncovered**
Last year we supported 15 mothers through our regular Mothers Uncovered courses and another 15 through the My Birth sessions, aimed at new mothers who have experienced birth trauma.
## **Younger Mothers**
Following the success of our intergenerational project in 2023, we began the process of starting a peer-led group for younger mothers, as participants told us ours was the first group they had felt comfortable in as younger parents.
Page 3 of 17
Charity number: 1122091 Registered Company Number: 06262852
(England and Wales)
Livestock Report of the Trustees For the year ended 31 March 2024 (continued)
## **Younger Mothers (continued)**
We conducted interviews for 5 participants from the original project and took on 2 new trainees. The start of project delivery was delayed to summer 2024 due to personal circumstances for the project lead.
## **Maternal Health Advocacy**
We continued the podcast, The Secret Life of Mothers, with the assistance of our trustee Christina to provide technical support. This showcases individual mothers’ stories who have faced additional challenges in their motherhood journey, such as bereavemen t or child’s poor mental health. We currently have 10 episodes on Spotify.
Maggie was interviewed for Lucy Jones’ book Matrescence, which brought greater prominence to our own matrescence advocacy (matrescence meaning transition to motherhood). We set up www.matrescence.uk as a site for resources, advocacy and writings – the only UK based site for this purpose. Maggie had a piece in Mumsnet on the importance of supporting mothers in matrescence.
It also led to the establishment of **Peer Support Training** – a low-cost, online support session led by Maggie for mothers around the UK wishing to set up their own groups.
## **Reaching Your Potential**
We received feedback from several participants wanting support for next stages, having taken time away from the workplace. We ran this group coaching programme to increase confidence, identify skills and flesh out ideas for new directions in careers for mothers who have taken time out to have children.
This pilot in January/February had seven participants. We paid for the venue out of our reserves and the trainer, work coach/author Gill Hasson, offered her services on a voluntary basis for this one group as she supported our work.
## **Frazzled**
A new project for parents of SEND (Special Education Needs/Disability) child/ren. We ran 6 online monthly sessions, led by two facilitators who are SEND parents. A growing community of parents found a vital support network where they could express thoughts that they couldn’t in any other setting.
Page 4 of 17
Charity number: 1122091 Registered Company Number: 06262852
(England and Wales)
Livestock Report of the Trustees (continued) For the year ended 31 March 2024
## **Teen Years**
We ran five Teen Years sessions between June-Nov at the Earth & Stars in Brighton with a more informal setting. Only one session had much take-up, so we have decided to test this in Worthing for the next group and see how this works.
## **SoulFood**
We decided to close SoulFood. The project’s lead worker was starting to focus more on sustainability of food and providing for food banks given the current world landscape, and although admirable, these are not the objectives of the charity.
Projects were closed well, and a celebration event held to mark the work of the project, with both sides feeling that this was the right time to part ways.
## **Livestock**
## Organisational wide
Over the past year as predicted, it became increasingly harder to gain funds from grants and trusts. With more funders focussed on food poverty, migrants, refugees and global majority funding streams competition for general funds became worse. Of over 50 bids that were applied for, Livestock was successful in only a fifth of these, the majority of these being less than £5000.
Consequently, both executives of Livestock worked unpaid for a quarter of the year to restabilise the core costs of the charity, and we were fortunate to receive funding in the last month of the year from The National Lottery Awards for All grant which sec ured Livestock’s minimal core costs for the following year.
Even though we started looking at the diversification of income streams, many of the initiatives we were able to facilitate with minimum staff didn’t achieve big income. However, with Maggie raising awareness with the public and the team coming together to throw a pub quiz fundraiser, we did manage to bring in approximately £1000. We shall look to sign up to Affinity Lottery next year and grow a steadier income stream through donations this way and look at other ways in which to gain income, including seeking corporate funding. This will again be the priority for 2024/25.
## **Governance**
This year Lorraine our volunteer treasurer, stepped onto the trustee board and Nigel, and Birgit stepped down. Both these exits were due to other personal commitments and length of service, and we were sad to see them go. However, both remain local and a ‘friend of Livestock’.
We are grateful to have Lorraine step into a trustee role, and this has provided more detail and robustness to the financial procedures, creating confidence amongst the board in an area highlighted as a need in the past years.
We led a Strategy training day in January 2024 for the trustees and this was useful to formally set out our first strategic vision document for this year, and create a risk register, further strengthen our procedures.
Page 5 of 17
Charity number: 1122091 Registered Company Number: 06262852
(England and Wales)
Livestock Report of the Trustees (continued) For the year ended 31 March 2024
All trustees had their annual meetings with the Managing Executive this year, and this process seems to be working well for individuals and to inform ongoing governance training days.
## **Policy and Procedure**
Policy and Procedure took a back seat this year given the crisis with funding and priorities all set to this goal. We endeavour to review all existing policies as a priority next year.
## **FINANCIAL REVIEW**
For the year ending 31 March 2024 the charity recorded a net surplus of £3,973 (2023: £5,273). Total reserves now stand at £25,381 of which £12,791 is restricted. Total income generated for the year was £52,557, (2023: £49,417). The charity has received £45,650 in grants during the year (2022: £42,876), including £19,974 from the National Lottery Community Fund and £8,751 from Trusthouse
Expenditure has also risen. A total of £48,584 was spent (2023: £44,144). The charity continues to invest in supporting the infrastructure of the charity and ensuring appropriate controls, governance and planning processes are in place.
This has allowed the charity to more clearly allocate support costs to projects, and closely manage activities in line with budgeted costs. Support costs for the year have increased to £20,931 (2023: £16,147). This includes additional administrative resource in the core function of the Charity.
## **Reserves**
Livestock is committed to using its resources in pursuit of its charitable objectives. It is also committed to maintaining a level of reserves that is prudent to meeting ongoing liabilities, sufficient to ensure that all delivery commitments can be met and to protect the long- term future of Livestock’s operations. Livestock’s reserves policy seeks to balance these priorities by aiming to hold a level of general reserves which equates to approximately one month’s expenditure of the charity, based on the plan ned expenditure for the year.
As at 31 March 2024 general reserves stood at £25,381 which is around 5 month’s expenditure at 202 3-24 levels.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
Livestock is a charitable company limited by guarantee; it was incorporated on 30 May 2007 and registered as a charity on 30 December 2007. Livestock was established under a Memorandum of Association, which describes the objects and power of the charitable company; it is governed under its Articles of Association. Under those Articles, the Trustees are elected at the Annual General Meeting. One third of the elected, and all of the co-opted, Trustees must retire at each subsequent Annual General Meeting.
The Members have guaranteed to contribute a maximum of £1 each in the event of the company being wound up. All members of the Trustee Board give their time voluntarily and received no benefits from the charity.
Any expenses reclaimed from the charity are set out in the notes to the accounts.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Page 6 of 17
Charity number= 1122091
Registered Company Number.. 06262852
(England and Wales)
Livestock
Report of the Trustees (continued)
For the year ended 31 March 2024
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of charity
Charity registration number
Company registration number
Principal address
Livestock
1122091
06262852
Community Base
113 Queens Road
Brighton
BN13XG
Trustees
The trustees and officers serving during the year and since the year end were as follows..
Mr Nigel James Pilkington (former chair-resigned 13110123)
L London ts-oined 131101231
Ms Birgit Rose Valeria Rohoswky-miller (resigned 2311124)
L McDonnell
Claire Imogen Foss (appointed chair 13110123)
J Jetmore
C Lewis
O Carr {appointed 2210712024)
Ms Maggie Gordon-walker
Secretary
Approved by the Board of Trustees and signed on its behalf by
C Foss (Trustee)
Date:
Zolft/
Page7of17
Charity number. 1122091
Registered Company Number: 06262852
(England and Wales)
Livestock
Independent Examiners Report to the Trustees
For the year ended 31 March 2024
I report to the trustees on my exarnination of the accounts of the charity for th8 year ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees, you are responslble for the preparation of the accounts in acrdanCe with the requirements of the
Charities Act 20111'lhe 2011 A¢t'J
I report in respect of my examination of the charity's accounts Carried out under section 145 of the 2011 Act and in carrying
out my examinats'on I have followed all th8 applicable Directions given by the Charity Commission under section 145(5llb)
of the Act.
Independont oxamlners stalement
I have completed my examination. I cOnfin that no matters have come to my attention in connection with the examination
giving me uSe to believe that in any malerial respecL
1. accounting records were not kept in SpeCt of the Charity as required by secllon 130 of Ihe 2011 Act,. or
2. the accounts do not accord with Ihosg r&cords". or
3. Ihe a¢UnIS do not Comply wilh the applicable requiremen15 concerning the fom and o?nlenl of accounts set out in the
Charities {Accounls and Reports) Regulations 2008 other than any requirem8nt that the accounts give a 'lru8 and fair
view, whlch is nol a matter considered as part of an independent examination.
I hava come across no other matters in connocb'on with the examination to which attentlon should be drawn in this report
in order to enable a proper understsnding of the accounts to be reached.
Rachel Balchin FCA
8ulldog Accounb'ng Limited
12 Brogdale Place
Faversham
Kent ME13 OAF
Page8of17
Charity number: 1122091 Registered Company Number: 06262852
(England and Wales)
## Livestock
## Statement of Financial Activities (including Income and Expenditure account) For the year ended 31 March 2024
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
2
Charitable activities
3
Other trading activities
4
**Total**
**Expenditure on:**
Raising funds
5
Charitable activities
6/7/8
**Total**
**Transfers between funds**
**Net movement in funds**
**Reconciliation of funds**
Total funds brought forward
14
**Total funds carried forward**|**Unrestricted**
**Funds**
£
32,453
610
1,243
34,306
1,008
24,431
25,439
-
8,867
3,723
12,590|**Restricted**
**Funds**
£
18,251
-
-
18,251
-
23,145
23,145
-
(4,894)
17,685
12,791|**2024**
**2023**
**£**
£
**50,704**
**47,584**
**610**
**237**
**1,243**
**1,596**|
|---|---|---|---|
||||**52,557**
**49,417**|
||||**1,008**
**579**
**47,576**
**43,565**|
||||**48,584**
**44,144**|
||||**-**
**-**|
||||**3,973**
**5,273**|
||||**21,408**
**16,135**|
||||**25,381**
**21,408**|
Page 9 of 17
Charity number.. 1122091
Registered Company Number.. 06262852
(England and Wales)
Livestock
Statement of Financial Position
As at 31 March 2024
Notes
2024
2023
Tangible Fixed Assets
11
135
314
Current Assets
Debtors and prepayments
Cash at bank and in hand
12
155
25,571
25,726
144
21,670
21,814
Creditors: amounts falling due within one year
13
(480)
(720}
Net current assets
Total assets less current liabilities
25,246
25,381
21,094
21,408
Net assets
25,381
The funds of the charity
Restricted income funds
Unrestricted income funds
Total funds
14
14
12,791
12,590
25,381
17,685
3,723
21,408
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and the preparation of accounts. These accounts have been prepared in accordance with
the provisions applicable to companies subject to the small companies, regime.
The notes on pages 11 to 17 form part of these financial statements.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by..
Claire Imogen Foss
Trustee
Date
Page10of 17
Charity number: 1122091 Registered Company Number: 06262852
(England and Wales)
## Livestock Notes to the Financial Statements For the year ended 31 March 2024
## **1. Accounting policies**
## **Basis of accounting**
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets 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 Republic of Ireland (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
Livestock meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **2. Income from donations and legacies**
|Donations received
Grants received|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**£**
**£**
5,054
-
27,399
18,251|**2024**
**£**
5,054
45,650|**2023**
**£**
4,708
42,876|
|---|---|---|---|
||**32,453**
**18,251**|**50,704**|**47,584**|
## **Analysis of grants received**
|Albert Hunt
Healthwatch
Brighton and Hove Council
Chalk Cliff Trust
Trusthouse
Homity Trust
Groundwork
National Lottery Community Fund
Sussex Community Foundation
The Prince of Wales
Woodward Trust
Magdalen|**2024**
**2023**
1,000
-
300
-
5,000
24,500
3,000
4,935
8,751
-
-
945
1,125
19,974
9,996
5,000
500
-
1,000
-
1,000
1,500|
|---|---|
||**45,650**
**42,876**|
Page 11 of 17
Charity number: 1122091 Registered Company Number: 06262852
(England and Wales)
## Livestock Notes to the Financial Statements (continued) For the year ended 31 March 2022
## **3. Income from charitable activities**
|**Unrestricted Funds**
Course fees|**2024**
**2023**
**£**
**£**
610
237|
|---|---|
||610
237|
## **4. Income earned from other activities**
|**Unrestricted Funds**
Book sales and events
Fundraising activities|**2024**
**2023**
**£**
**£**
126
94
1,117
1,502|
|---|---|
||**1,243**
**1,596**|
## **5. Expenditure on generating donations and legacies**
|**Unrestricted Funds**
Donations
Publicity|Unrestricted
Funds
£
230
778|Restricted
Funds
**Total**
**2024**
£
**£**
-
**230**
-
**778**|**Total**
**2023**
**£**
**182**
**397**|
|---|---|---|---|
||1,008|-
**1,008**|**579**|
## **6. Costs of charitable activity by fund type**
|Core
Collaboration
Mothers Uncovered
Soul Food
Children In Need
Support Costs|Unrestricted
Funds
Restricted
funds
**2024**
**2023**
£
£
**£**
**£**
-
-
**-**
**6,788**
-
3,504
**3,504**
**4,384**
3,500
14,532
**18,032**
**10,611**
-
5,109
**5,109**
**4,749**
-
-
**-**
**886**
20,931
-
**20,931**
**16,147**|
|---|---|
||**24,431**
**23,145**
**47,576**
**43,565**|
Page 12 of 17
Charity number: 1122091 Registered Company Number: 06262852
(England and Wales)
## Livestock
Notes to the Financial Statements (continued) For the year ended 31 March 2024
## **7. Costs of charitable activity by activity type**
|**Core**
**Collaboration**
**Mothers Uncovered**
**Soul Food**
**Children In Need**|Activities
undertaken
directly
Support
Costs
**2024**
2023
£
£
**£**
£
-
20,931
**20,931**
**13,917**
3,504
-
**3,504**
**9,334**
18,032
-
**18,032**
**14,679**
5,109
-
**5,109**
**4,749**
-
-
**-**
**886**|
|---|---|
||26,645
20,931
**47,576**
**43,565**|
## **8. Analysis of support costs**
|**Management**
**Office Costs**
**Marketing & advertising**
**Training**
**Governance costs**|**Core**
**Collab-**
**-oration**
**Mothers**
**uncovered**
16,594
-
-
1,302
-
-
1,539
-
-
106
-
-
1,390
-
-|
|---|---|
||**20,931**
-
-|
|**Management**
**Marketing & advertising**
**Office & IT Costs**
**Training**
**Governance costs**
**. Net income / expenditure for the year**
This is stated after charging
Accountancy fees
Depreciation|**2024**
**2023**
**£**
**£**
16,594
13,694
1,302
527
1,539
611
106
16
1,390
1,299|
|---|---|
||**20,931**
**16,147**|
||**2024**
**2023**
480
720
179
180|
## **9. Net income / expenditure for the year**
Page 13 of 17
Charity number: 1122091 Registered Company Number: 06262852
(England and Wales)
## Livestock
## Notes to the Financial Statements (continued) For the year ended 31 March 2024
## **10. Comparative for the Statement of Financial Activities**
|**Income and endowments**
**from:**
Donations and legacies
Charitable activities
Other trading activities
**Total**
**Expenditure on:**
Raising funds
Charitable activities
**Total**
**Transfers between funds**
**Net movement in funds**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**
**1. Tangible Fixed Assets**
**Cost or valuation**
At 1 April 2023
Additions
At 31 March 2024
**Depreciation**
At 1 April 2023
Charge for the year
At 31 March 2024
**Net Book Value**
At 1 April 2023
At 31 March 2024|**Unrestricted**
**Funds**
£
14,669
237
1,596
16,502
308
13,917
14,225
-
2,277
1,446
3,723|**Unrestricted**
**Funds**
£
14,669
237
1,596
16,502
308
13,917
14,225
-
2,277
1,446
3,723|**Restricted**
**Funds**
£
32,915
-
-
32,915
271
29,648
29,919
-
2,996
14,689
17,685
**Computer**
**Equipment**
**£**
539
-
539
(225)
(179)
(404)
314
135||**2023**
**£**
**47,584**
**237**
**1,596**|**2022**
**£**
**34,042**
**558**
**-**|
|---|---|---|---|---|---|---|
||||||**49,417**|**34,600**|
||||||**579**
**43,565**|**486**
**39,408**|
||||||**44,144**|**39,894**|
||||||**-**|**-**|
||||||**5,273**|**(5,294)**|
||||||**16,135**|**21,429**|
||||||**21,408**|**16,135**|
||||||**Total**
**£**
539
-
539
(225)
(179)
(404)
314
135||
||||||||
||||||||
||||||||
||||||||
||||||||
## **11. Tangible Fixed Assets**
Page 14 of 17
Charity number: 1122091 Registered Company Number: 06262852
(England and Wales)
## Livestock Notes to the Financial Statements (continued) For the year ended 31 March 2024
## **12. Debtors**
|**Amounts falling due within one year**
Prepayments
**13. Creditors: amounts falling due within one year**
Accruals and deferred income|**2024**
**2023**
**£**
**£**
155
144|
|---|---|
||**155**
144|
||**2024**
**2023**
**£**
**£**
480
720|
||**480**
**720**|
## **13. Creditors: amounts falling due within one year**
## **14. Movement in funds**
**Unrestricted Funds – Current Year**
|**General**
**Restricted Funds– Current Year**
**Soul Food**
**Mothers Uncovered**
**Children In Need**
**Collaboration**|**Balance at**
**01/04/2023**
**Incoming**
**Resources**
3,723
34,306|**Outgoing**
**Resources**
(25,439)|**Transfers**
-|**Balance at**
**31/03/2024**
12,590|
|---|---|---|---|---|
||**3,723**
**34,306**|**(25,439)**|**-**|**12,590**|
||**Balance at**
**01/04/2023**
**Incoming**
**Resources**
8,348
-
1,642
18,251
1,029
-
6,666
-|**Outgoing**
**Resources**
(5,109)
(14,532)
-
(3,504)|**Transfers**
(3,239)
7,430
(1,029)
(3,162)|**Balance at**
**31/03/2024**
-
12,791
-|
||**17,685**
**18,251**|**(23,145)**|**-**|**12,791**|
Page 15 of 17
Charity number: 1122091 Registered Company Number: 06262852
(England and Wales)
## Livestock
Notes to the Financial Statements (continued) For the year ended 31 March 2024
## **Unrestricted Funds – Prior Year**
|**General**
**Restricted Funds– Prior Year**
**Soul Food**
**Mothers Uncovered**
**Children In Need**
**Collaboration**|**Balance at**
**01/04/2022**
**Incoming**
**Resources**
1,446
16,502|**Outgoing**
**Resources**
(14,225)|**Transfers**
-|**Balance at**
**31/03/2023**
3,723|
|---|---|---|---|---|
||**1,446**
**16,502**|**(14,225)**|**-**|**3,723**|
||**Balance at**
**01/04/2022**
**Incoming**
**Resources**
1,617
11,480
11,157
5,435
1,915
-
-
16,000|**Outgoing**
**Resources**
(4,749)
(14,950)
(886)
(9,334)|**Transfers**
-
**-**
**-**
**-**|**Balance at**
**31/03/2023**
8,348
1,642
1,029
6,666|
||**14,689**
**32,915**|**(29,919)**|**-**|**17,685**|
|**15. Analysis of net assets between funds**
**Current Year**
**Unrestricted Funds**
General
**Restricted Funds**
Mothers Uncovered
**Previous year**
**Unrestricted Funds**
General
**Restricted Funds**
Mothers Uncovered
Soul Food
Children in Need
Collaboration|**Net current**
**assets /**
**(liabilities)**
**£**
12,455
12,791|**Net**
**Assets**
**£**
12,590
12,791|
|---|---|---|
||**25,246**|**25,381**|
||**£**
3,409
8,348
1,642
1,029
6,666|**£**
3,723
8,348
1,642
1,029
6,666|
||**21,094**|**21,408**|
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Charity number: 1122091 Registered Company Number: 06262852
(England and Wales)
Livestock Notes to the Financial Statements (continued) For the year ended 31 March 2024
## **16. Related parties**
Maggie Gordon-Walker is paid fees for delivering certain project activities, as well as carrying out administration and management activities for the charity. Ms Gordon-Walker also carries out the role of the Charity secretary. In 2023-24, Ms Gordon-Walker received £14,080 (2023: £11,375).
There were no other related party transactions during the period (2023: nil).
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