so we can learn more together” (Pupil)
Company registratlon number,. 05947379 Charlty registration number: 1122295 CRIBS Charitable Trust IA company limited by guarantee) Annual Report and Financlal Statement5 for the Year Ended 5 Aprll 2024 Field Sulllvan Llmited 9 Hare & Billet Road Blackheath SE3 ORB
CRIBS Charltable Trust Contents Reference and Admlnistrative Detalls Trustees, Report 2tolO Independent Examiner's Report Ilto12 Statement of Financial Activlties 13to14 Balance Sheet 15to16 Notes to the Flnancial Statements 17to29
CRIBS Charitable Trust Reference and Administrative Details Chalrman Martln Andrews Trustee5 Martln Andrews Stephen 8urnett Frederick Linlev Bola Ojo Thomas Parsons Anne Wood Secretary Paul Davls Char5ty Reglstratlon Number 1122295 Company Reg5stratlon Number 05947379 The charity is Incorporated in England and Wales. Crib5 Office st Columba's Boys, School Halcot Avenue Bexleyheath DA6 7QB Reglstered Offlce Independent Examlner Field Sullivan Llmited 9 Hare & Billet Road Blackheath SE3 ORB Bankers The Co-operative Bank PO Box 250 skelmersdale Lancanshlre WN8 6wr Page I
CRIBS Charltable Trust Trustees, Report The trustees, who are directors for the purposes of company law, present the annual report together wlth the flnanclal statements of the charitable company for the year ended S AprS12024. Objects of the charltv The Trust seeks to demonstrate Chrlstlan faith in action by providing an interface between the local Christlan thurches and the community at large, malnly through its work in prlmary and secondary schools in Bexley Borough, although increasingly over the last few yeaTS also into Swanley, Dartford. Greenwich and beyond. Seeking to malntain our relevance, we will adapt and respond to emerglng and ongolng needs. Revlew of CRIBS, actlvities In plannlng the actlvltle5, the Trustees have applied the guidance on publlc benefit Issued by the Charitv Comml55I0n. CRIBS, 5trapllne Is Llvlng Values: Growlng Falth. It alms to help pup115 develop posltlve values to Ilve by, and provlde space and strategle5 to help them think through what faith mean5 to themselves and others. The organisation evaluates Sts activities and outcomes. We are delighted to report on the following projects., REconnect What.. The CRIBS team has been delivering RE le550n5 since 1993. REconnert is a programme that offer5 the teachSng of ChrlstlanSty, as part of the RE syllabus, and conslsts of a bank of over 300 creatlve and memorable lessons, The team teach In prlmary schools across Bexley Borough as well as nelghbouring boroughs, and has developed teaching in pre-schools. REconnect also Includes bespoke workshops covering a range of aspects with regards to Christlanity and values education. Outputs: In academlc year 2023124, CRIBS worked in 11 prlmary schools and 2 preschools; dellverlng 688 RE lessons, coverlng 42 topics/unlts Imost for 5 lessons each). over a number of different 5yllabuse5, to 136 dlfferent classes, teachlng about 4080 chlldren, Outcomes: 100% of teacheTS evaluated the le550ns in the hlghest rating5 acT05S a range of qualSty criteria. 85Yo of thlldren said they enjoyed thelr lessons and 82% sald the lessons had helped them know more about the topic. Sample Quotes., 'The children have loved the 5es5ions and look forward to them eoch week. The resources/woys the lessons have been delivered have been really interesting, creotlve and thought-provoklng., (Yr5 teocherj 'As well os the chlldren learning. Ifeel as on educotor I hove expanded my knowledge of way5 to introduce toplcs., fYr5 teacher) 'It Is very accessible to oll of the ¢hlldren.' (Yrl teocher) '1 love to learn wlth you and leorn about the 8lble with you,. (Yr3 pupllj '1 just wont the le55ons to be longerso we con leorn more together., (Yr3 pupil) Summary: As schools review and change the RE syllabus they use Iwhlch happens more often now). the CRi8S team adapt and develop the RE lessons they deliver to a diverse educatlon sector with dlfferlng needs. Some syllabuse5 are more challenglng than others to adapt to but, whatever the changes, CRIBS remalns true to representing and teaching Chrlstian values and Bible teachings in a relevant and creatlve wav. Page 2
CRIBS Charltable Trust Trustees, Report CRIBS Plays What: The CRIBS team ha5 been performing seasonal productions since 1997. These dramatic presentations are written and performed by the team to provide children with explanation and understanding of the true meaning of Chr15tmas and Easter celebratlons. They are dellvered in a creatlve way with actlng, puppetry, music and dance, and seek to engage the chlldren wlth interactlve performance. Outputs: 44 performances of the Christmas 2023 play were delivered across 34 schools, and 45 performances of the Easter 2024 play were delivered across 38 schools. Each of these plays were performed to a total of over 12,000 children. Outcomes: CRIBS seasonal productions alm to provide a greater understanding of the reasons why Chrlstians celebrate Chri5tma5 and Easter. a greater understanding of what these festlvals mean day-to-day for Christians. and Promoting Ènjoyment for chlldren and staff of these celebration5 in 5¢hool. Sample Quotes: 'The production gove o cleor account of the Biblical account In o child-friendly woy. Thls supported the RE work that ht7s been done In class and the preporationsfor our corol service., (Teacherj 'Creatlvlty led to the children belng engaged in o positive manner., (Teocher) 'It wos a brilli17nt production which wos occe55ible to oll children,, it was thoroughly enjoyoble ond wos o fonta5tic end to the termfor our school., {TeocherJ Summary.. CRIBS, seasonal productions contlnue to be appreclated and well-loved by chSldren and staff alike. CAPmoney;klds What: CRIBS ha5 been delivering thls workshop for three years. Developed by Christians Against Poverty ICAPI it is a money management resource wrltten specifically for children in Years 5 and 6 of primary school. The workshop comprlses a range of front-led teachlng and interactive actlvltles undertaken in paSrs and groups. Each Class Teceives two 90-minute sesslons, normally dellvered a week apart. Output5: In ocademlc year 2023124, CRIBS delivered the workshop In 43 Classes acr055 20 primary schools, to approximately 1,100 children, Outcomes: At the end of each workshop we asked the children to state whether they agreed with the following statements,. chlldren that agreed Statement l understand how money works and how to spend and save it 98% I know what I can do to avoid money problems 93% I know what a budget is and how to use one 96% l enloy learning about money 92Y Page 3
CRIBS Charltable Trust Trustees, Report We 3150 SUTveyed the class teachers,. statement Yo teachers that agreèd ewor shop helpe how to spend and save It The workshop helped the pupils know what they can do to avoid money problems e pupils understand how money wor s and loo% IOOYO The workshop taught the puplls what a budgetls and how to use one loo% The workshop made money management enloyable loo% Sample Quotes: I learnt to sove money ond don't spend It all ot once, ond to use g budget., (Pupll) '1 leornt thatyou should be happy with what you have and5pend wlsely., (Pupllj '1 enjoyed how it taught us how to budget, save ond more infun ways., (Pupll) 'Afantastic, t7ge-opproprlote workshop teochingfundamental life skills around earning, spendlngo saving, t7nd debt. Ifeel the knowledge wos somethlng the chlldren will rememberfor yeors to come., (Teacherj The children thoroughly enjoyed plonnlng their own budget. This gave them o reol context for the mothemotlct71 opplication and on understonding of the challenges and opportunltles thot budgeting presents,, (Teacher) Summary: This contlnues to be a very popular, appreciated resource In schools, with an increased number of schools havlng booked, particularly a5 It has been offered free thanks to grant funding. As well as taklng the workshop into schools already vlslted by the team, It has provided CRi8S opportunltles to support some schools that do not access other aspects of CRIBS provision. Movlng Up What: CRIBS has been delivering thls workshop for four year5. havinB developed It in 2021. 'Moving Up, Is a 9MInute ses51on for children in Year 6 to help them prepare for the move from primary school to setondary school. The workshop Include5 videos, dlscussion and opportunities for pupils to express how they are feeling about some of the potentlal changes with movlng to secondary school. Outputs: In academic year 2023124. CRIBS delivered the workshop in 30 classe5 a¢r055 21 primary schools, to over 900 children. Page 4
CRIBS Charitable Trust Trustees, Report Outcomes: At the end of each workshop we asked the children to state whether they agreed with the following statements,. % chlldren that agreed 92% Statement I have had tlme to thlnk about my move to setondary school. I feel happler or calmer about my move to secondary school. I know where I can go for help at secondary school. l enjoyed the workshop 85% 89% 86% We also suNeyed the cla55 teachers.. % teachers that agreed statement The workshop gave pupils the opportunlty to thlnk about thelr move to Secondary school. The workshop helped pupils feel more p05itlve about their move to secondary school. The workshop helped pupils know where they can go for help at secondary sthool. loo% loo% loo% Sample Quotes: '1 now know different woys to remember my primary school memorles ond where to go if something hoppen5.' fPupllJ '1 learnt that there ore a lot of people you CGTn talk to if you hove o problem., (Pupilj '1 learnt to not be 5C¢7red to tolk to teachers obout myfeeling5.' (Pupllj The CRi85 Staff created a Safe envlronment where the chlldren touldshare thelr oplnions.. {Te¢7cher) The pupils were interacting ond all opinions were acknowledged and respected., (Teacher) 'Very engaging actlvltles encouroged the students to ask a lot of questlons., {TeocherJ Summary: Thls year was another highly successful year for our tran51tion workshops. We had more schools book than prevlous years, but a lot of these were smaller schools so we actually had less classes than before. The data shows how much this workshop is appreciated by both children arsd staff as it prepares children for thls change in thelr Ilves. Page 5
CRIBS Charltable Trust Trustees, Report Unllmlted {Prlmary) What: Unlimited Iprimaryl is a programme for boys and Elrls struggling with soclal. emotional, behavioural or personal issues. It tonslsts of small group 'HeartSense' sessions for mentoring, and focu5sing on developing emotlonal understandlng (generally each programme comprlses 10 weeks of sessions In a school). We also offer an after-school club. focussing on team games, soclal skills and confidence buildlng. Additionally, we have developed a short course to support chlldren going through bereavement. Due to limited school budgets, only one school has Tequested the after-school club, so the outcome data is based solely on the 'HeartSen5e' sessions. Outputs.. The CRIBS team ha5 delivered 34 'HeartSense' programmes across 11 different schoo15, worklng wlth 433 chlldren. Outcomes: We collect data from the children, teachers and parents at the end of a programme to evaluate Impact. The followlng data has been gathered from academic year 2023124.. % chlldren % teacher5 % parentslguardlans Identlfylng a Positive change Area of conslderatlon: Comblhed Identifyin8 P051tive change identlfylng posltlve change posltlve change Attltude towards learnlng Llstenlng skills Behaviour in class 84% 70% 78Yo 77Y. 84% 69% 97% 81% 83% 91% 81% AbllSty to ask for help Maklng and keeping frlends Respectlng others Behavlour outside of clas5 HandlSng negative sltuations Understanding of emotions Expresslon of emotions Confidence 83% 75Y. 85% 84% 66% loo% 83% 74% 96% 87% 84% 65% 77% 75% 65Y. 90% 77PA 93% 74% loo% 89% 800A 64% 90% 780A 840A 80% loo% 88% Wellbeing 87% 76% IOOYO 88Yo Quote5: '1 like unllmited because they have really helped me expre55 and understond my emotions ond It'5 just so fun., (Pupil) 'She has definitely shown an improvement In her ablllty to cope wlth dlfferent emotions ond ct7n talk and explaln rother thon become overly emotional., fTeocherJ 'He has reolly enjoyed his time on thi5 program. Myself and his teother hove both notlced hi5 improved confidence. I hope this opportunlty comes up ogalnfor him, as Ifeel he is really benefltlngfrom this., (Parent) he progromme ha5 made o huge difference to my 50n in helplng him to cope with the Ios5 of his grondad, He ha5 really struggledfollowing this loss and it hos really helped him., (Porentj Page 6
CRIBS Charitable Trust Trustees, Report Summary: HeartSen5e ha5 contlnued to be of vltal importance to the schools that have bought Into It. It is highly valLted by the children, teachers and senlor leadershlp of the schools. However, Ilmlted school budgets are ncreasingly impacting on school's ability to afford the programme; some schools have booked smaller packages of work but some have been unable to book at all. Unllmlted (Secondary) Academlc year 2023124 Saw the CRIBS team'5 UnlimSted mentoring presence expand agaln Into new secondary schools. The team also worked with a local Social Prescrlblng project, led by Bexley Voluntary Service5 Councll I'BVSC'I, which opened up possibilities to work In other schools. However, managlng referrals via this route and trying to make Ilnks wlth brand new schools, often out of borough and wlth no knowledge of CRIBS, meant that this work has not continued into 2024125. Neverthele55, demand for mentoring continues to be high, and there have been some significant encouragements that the work can help young people navlgate the challenges they face, New volunteers have been Identified for trainlng in order to expand the capacity of the team. In addition. we have continued to 51JPPOrt school Chrlstian Unlons, including one new group startlng this year. Output5: The mentorlng programme has taken p13ce in 6 schools. and the Social Prescribing project in 2 schools. Across thls secondary school work, approximately 70 young people have been mentored. 3 Christian Unions have been supported by CRIBS. representlng about 40 students. Outcomes: Although formal feedback from questionnaires has not been gathered in every case, where St has been, the young people are asked to rank the extent to which the mentoring has helped them on a scale of 1-5, where 5 is positlve, across a number of areas, and the averages of responses are presented in the table below.. verage Area of conslderatlon: Student ratlng Dealing with problems Attitude towards learning ConfSdence In schoolwork Relationshlp wlth peers Confidence in social life Confidence about the future Control emotions Wellbeing Behaviour at school Behaviour at home In addltlon, 92% of the young people said they would recommend Unlimited mentorlng to other students. Quotes: 'The progress I hove made15 that my unxlety has gotten better and l am doing better In lessons., (Student} I think thls I to I session hLTS helped me a lot ond it hos help me in le550ns and it hos mode me more independent ond I 100% recommend to someone else., (Student) Summary: Mentorlng support In schools is more important In secondary schoo15 than ever as young people face so many challenges In their Ilves. Page 7
CRIBS Charltable Trust Trustees, Report Community Llnks The CRIBS team was glad to be involved in supporting local community events, 'Lark in the Park, and '5park in the Park,, at the start of the school summer hollday perlod. Providing Sltpport and input through drama, storytelling and a range of other activities - a privilege for the team to be involved In serving children and familles In a very different context to the term-time school setting. Conclu51on Throughout thls year the CRIBS team has always exhlbited a readiness and capablllty to adapt its services to meet the needs of the Schools we serve. Whatever the clrtumstances, CRIBS endeavour5 to bring support, encouragement and hope. informed by our faith peTspective, to the lives of children and young people across the area. Governance The policy and operatlng declsions of the charlty rest wlth the Trustees who meet regularly (usually at least 6 tlmes each yearl to monltor the activities of the Charity, In planning the activltles the Trustees have applled the guidance on public benefit 155ued by the ChaTlty Commlssion. New Trustees are recrulted and appointed by a majority of existlng Trustees. Trustees and offlcers The trustees and offlcers serving durlng the year and since the year end were as follows.. Trustees.. Martin Andrew5 stephen Burnett Frederitk Llnley Bola Ojo Thomas Parsons Anne Wood ChaSrman: Martln Andrews Secretary: Mark Leveson IresSgned 31 August 20241 Paul Davis lappolnted I September 20241 Flnanclal Revlew Incoming resources durlng the year amounted to £309,352 and resources expended £285.219 giving rlse to 3 Small surplu5 Of £24,133 for the year. Page 8
CRIBS Charltable Trust Trustees, Report We are grateful to God for the passion wlth which our work has been supported both In prayer and In fSnanclal provision as we celebrated our 30th year. To mark this mllestone, a speclal appeal was launched to raise an additional £30,000 to support our ongolng work. We were dellghted and extremely grateful to have hlt that target which has helped us meet all of our obllgations in the year. However. the Trustees have been aware of the challenges facing many Indivlduals, churches, schools and trusts, all of which have been the mainstay of the income received into the Trust year-by-year. A longer term sustainabillty plan was considered and then adopted in 2024. The Trustees have sought to reduce overheads, so that the long-term mlsslonal work of the Trust can contlnue for many years, CRIBS remains grateful to a range of funders. Some are interested in the Chrlstian principles that underpln our work, others are Interested in impact-based approaches, others like preventatlve work or work that gets behlnd difficult behaviours to dealing with hurts and anger. We are dellEhted to pool the resources of churches, individuals, businesses and trust5 to deliver projects that help chlldren and young people to reach theSr potential. Some funders prefer to remain anonymous and other5 like to be acknowledged; in all tases we are extremely thankful. We would particularly Ilke to thank the following; ASDA FoLtndation, St James, Place Charltable Foundation. The Famlly Trust, The Fellowship of St John Trust Association, The Fyrish Foundation, The Harenc Communlty Trust, The Laing Famlly Trust, The Marsh Charitable Trust, The MSE Charity, The Natlonal Lottery Communlty Fund, The Souter Charltable Trust. We also thank the many irsdlvlduals and churches that have contlnued to support the work of CRIBS Charitable Trust. Reserves Policv The reserves policy takes on guldance from various sources, in particular, Trustees looked at the 4C's of reserves plannSng, namely,. Contingency, Cash-flow, Commltment and Closure. CRIBS has grown as a Charity over the last 30 years and its liabilitie5 and responsibilities to staff have Inevitably increased too. The Trustees therefore ha5 a reserves figure of two tlmes monthly expenditure, rounded down marglnally to £50,000. If free assets fall below thls level, Trustees expect to be alerted so that they can declde on what actlon is necessary. The team's current headquarters is a set of offlces whlch have kindly been loaned by St Columba'5 Boy5, School, a secondary school Sn 8exleyheath. We have a memorandum of understandlng that we can Temaln until July 2029, whlch wa5 recently extended from July 2024, which gives a good assurance, although should any circumstances change we could be asked to leave at any time with three months, notice. This sltuation could leave CRIBS with need to organlse suitable replacement office accommodation at fairly short notice. Rlsk statement The Trustees have reviewed the rlsks to which a small charlty operating with few employees and working in the community is exposed. Appropriate procedures are in place to identlfy. monitor and review these risks on a regular basls. We operate a Safeguarding PolScy covering all personnel, whether employed or volunteering. Page 9
CRIBS Charitable Trust Trustees, Report Statement of trustee5' responslb115tles The trustees Iwho are also the dlrectors of CRiB5 Charitable Trust for the purposes of company lawl are responsible for preparing the trustees, report and the financial statements In accordance with applicable law and Unlted Klngdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 The Flnanclal Reporting Standard applicable in the UK and Republic of Ireland" The report and accounts have been prepared In accordance with the provisions in the Companle5 Act 2006 relatlng to small companles. Company law requlres the trustees to prepare financial statements for each flnanclal year. Under company law the tru5tee5 must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charltable company and of the Incoming resources and appllcatlon of resources, Includlng its income and expendlture, of the charltable company for that perlod. In preparing these flnanclal statements, the trustees are requlred to: select suitable accounting pollcie5 and apply them consistently; observe the methods and prlnclples In the Charltles SORP; make judgements and estimate5 that are reasonable and prudent; state whether applicable accountlng standards, comprlslng FRS 102 have been followed, subject to any material departures dlsclosed and explalned In the flnanclal statements; and prepare the finantial statements on the golnE concern basis unless It Is Inappropriate to presume that the ¢haritable company will continue in business. The trustees are responslble for keeplng proper accounting records that can dlsclose with reasonable accuracy at any time the flnantlal position of the charitable company and enable them to ensure that the flnanclal statements comply with the Companles Act 2006. They are also responsible for safeguardSng the assets of the charltable company and hence for taking rea5on?ble Steps for the prevention and detection of fraud and other irregularities. The trustees are re5pon5ible for the malntenance and integrlty of the corporate and financlal Informatlon included on the charitable company's website. Leglslatlon governing the preparation and dlssemlnation of flnanclal Statements may dlffer from legislation in otherJurlsdlctlon5. Small companles provlslon statement Thls report has been prepared in accordance with the small companles regime under the Companies Act 2006. The annual report was approved by the trustees of the charity on 18 November 2024 and signed on its behalf by.. Martln Andrew5 Chairman and trustee Page 10
CRIBS Charltable Trust Independent Examiner's Report to the trustees of CRIBS Charltable Trust I'the Companv,) I report to the chaTlty trustees Iwho are also Directors for the puipose of company lawl on my examlnation of the accounts of the CRIBS Charltable Trust I'the charitable companw) for the year ended 5 Aprll 2024 whlch comprlse the Statement of Flnanclal Actlvltles, the Balance Sheet and related notes. 13 29 Thls report Is made solely to the charivs trustees, as a body, in accordance with section 145 of the Charities A 2011. My work has been undertaken so that I might state to the charity's trustees those matters l am requlred to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work, for this report, or for the opinSons I have formed. Respon51bllltles and basls of report As the charivs trustees of CRIBS Charitable Trust you are responslble for the preparatlon of the account5 In accordancÈ wlth the requirements of the Companies Ad 20061'the 2006 Act'}. Having satisfied myself that the accounts of CRIBS Charitable Trust are not requlred to be audlted under Part 16 of the 2006 Act and are eligible for Independent examination, I report in respect of my examlnation of your charity's accounts as carried out under section 145 of the Charities Art 2011 I'the 2011 Act'l. In carrying out my examination I have followed the Directiorss given by the Charity Commlsslon under section 14515llbl of the 2011 Art, An independent examlnatlon does not Involve gathering all the evldence that would be requlred In an audit and consequently does not cover all the matters that an audltor considers In givlng thelr oplnion on the financial statements. The plannlng and conduct of an audit goes beyond the Ilmlted assurance that an independent examination can provSde. Consequently l express no oplnlon as to whether the financial statements present a 'true and fairf vlew and my report is limited to those speclfic matters set out in the independent examinerfs statement. Independent examlner'5 5tatemÈnt Slnce CRIBS Charitable Trust '5 gr055 income exceeded £250,000 your examiner must be a member of a body Ilsted In sectlon 145 of the 2011 Act. I confirm that l am qualified to undertake the examinatlon because l am a member of ICAEW, which is one of the Ilsted bodles. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination glvlng me cause to believe: accounting records were not kept in respect of CRIBS Charitable Trust as required by section 386 of the 2006 Act; or 2. the accounts do not accord wlth those records; or 3. the accounts do not comply with the accountlng requSrements 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 examinatlon: or Page 11
CRIBS Charltable Trust Independent Examiner's Report to the trustees of CRIBS Charitable Trust I'the Company,) 4. the accounts have rsot been prepared Sn 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 accordance with the Financial Reportlng Standard applicable in the UK arsd Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters In connettlon with the examination to whlch attention should be drawn In this report in order to enable a proper understanding of the accounts to be reached. Tim Sullivan FCA Field Sulllvan Llmited 9 Hare & Billet Road Blackheath SE3 ORB Page 12
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CRIBS Charltable Trust (Registration number: 05947379) Balance Sheet as at 5 AprS12024 2024 2023 Note Flxed a55ets Tangible assets Investments 12 2.630 9,080 74,950 13 2,630 84,030 Current assets Debtors 14 8,737 156,143 10,000 45,516 Cash at bank and in hand 15 164,880 55,516 Credltor5: Amount5 falllng due wlthln one year 16 15,5071 11,6761 Net current assets 159,373 53,840 Net a55et5 162,003 137,870 Funds of the charlty: Restrl¢ted Intome funds Restricted funds 7.914 14,028 Unrestrlcted Income funds Unre5trlcted funds 154,089 123,842 Total funds 17 162.003 137.870 For the financlal year endlng 5 Aprll 2024 the tharlty w3s entitled to exemptlon from audSt under sectlon 477 of the Companies Act 2006 relatSng to small companies. Director5, re5ponslblllties'. The members have not requlred the charlty to obtaln an audlt of Its accounts for the year In questlon In accordance with section 476; and The dlrettors acknowledge their responslbllities for complylng with the requlrements of the Act wlth respect to accountlng records and the preparatlon of accounts. These financial statements have been prepared Sn accordance with the special provisions relating to companies 5ubjert to the small companies reglme within Part 15 of the Companies Act 2006. The note5 on pages 17 to 29 form an integral part of these flnanclal statements. Page 15
CRIBS Charitable Trust (Reglstration number: 059473791 Balance Sheet as at 5 April 2024 The financial statement5 on pages 13 to 29 were approved by the trustee5, and authorised for Issue on 18 November 2024 and slgned on thelr behalf bv.. rtin Andrews Chalrman and trustee The notes on pages 17 to 29 form an integral part of these financial statements. Page 16
CRIBS Charltable Trust Notes to the Financlal Statements for the Year Ended 5 April 2024 I Charlty status The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees Is118ble to contribute an amount not exceeding £5 towards the assets of the charity in the event of1Squldatlon. The address of its registered office is: Crlbs Office St Columba's Boys, School Halcot Avenue Bexleyheath DA6 7QB These flnancial statements were authorlsed for15sue by the trustees on 18 November 2024. 2 Accountlng pollcies Summary of slgnificant accounting pollcles and key accountlng e5tlmates The principal accounting pollcles applled in the preparatlon of these flnanclal statements are set out below. These policies have been conslstently applied to all the years presented, LFnless otherwise stated. Statement of compllance The financial statements have been prepared In accordance with Accountlng and ReportlnB by Charities: Statement of Recommended Practice appllcable to charities preparing thelr accounts In accordance with the Flnancl31 Reportlng Standard applicable In the UK and Republic of Ireland IFRS 1021 leffective l January 20191 (Charitles SORP IFRS 1021 Second edltlon October 20191. the Financlal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. They also comply wSth the Companles Act 2006 and Charities Act 2011. Basls of preparatlon CRIBS Charitable Trust meets the definition of a public benefit entity under FRS 102. A55ets and Ilabilities are initially recognised at hlstorlcal cost or tran5actlon value unless otherwise stated In the relevant accounting policy notes. Golng concern The trustees consider that there are no material uncertainties about the charity's ability to continue as a golng concern nor any signiflcant areas of uncertalnty that affect the carrylng value of a55ets held by the charlty. Exemptlon from preparlng a cash flow statement The charity opted to early adopt Bulletin I publlshed on 2 February 2016 and have therefore not Included a cash flow statement In these financial statements. Page 17
CRIBS Charitable Trust Notes to the FSnanclal Statements for the Year Ended 5 April 2024 Judgements and key sources of estlmatlon uncertalnty In the appllcation of the charity's accountlng policie5, the directos are required to make Judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sour¢es, The estimates and associated assumptions are based on hlstorltal experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The e5timate5 and underlying assumptlons are reviewed on an ongoing basls. Revlsions to accounting estimates are recognlsed In the periods in which the estSmate is revised where revisions affects only that perlod, or in the period of the revlslon and future periods where the rev15ions affects both current and future periods. Income and endowment5 All income is recognised once the tharlty has entitlement to the Income, it Is probable that the income will be recelved and the amount of the income reteSvable can be measured reliably. Donutlons ond legocles Donations are recognlsed when the charlty has been notlfSed In wrStlng of both the amount and settlement date. In the event that a donatlon 15 subject to conditions that requlre a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognSsed until either those conditions are fully met, or the fulfilment of those condltlon51s wholly within the control of the charity and it is probable that these conditlons wlll be fulfilled in the reporting perlod, Legacy gifts are recogn15ed on a case by case basls following the grant of probate when the adminlstratorlexecutor for the estate has communScated in writing both the amount and settlement date. In the event that the Eift Is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange. recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset havlng been transferred to the charlty. Grants recelvoble Grants are recognlsed when the charlty has an entltlement to the funds and any conditions linked to the grants have been met. Where performance condltions are attached to the grant and are yet to be met. the income is recogni5ed as a liability and Included on the balance sheet as deferred income to be released, Investment Income Dividends are reeognlsed once the divldend has been declared and notifitation has been received of the dlvldend due. Expendlture All expendlture is recognised once there Is a legal or constructive obligation to that expenditure, it 15 probable settlement Is required and the amount can be measured rellably. All costs are allocated to the applicable expendlture headlng that aggregate similar costs to that category. Where costs cannot be directly attributed to P3rt1cular headings they have been allocated on a basis con515tent with the use of resources, with central staff COSt5 allocated on the basis of time spent, and depreciation charges allocated on the portlon of the a55et's use. Other support costs are allocated based on the Spread of staff cost5. Page 18
CRIBS Charltable Trust Notes to the Flnanclal Statements for the Year Ended 5 Aprll 2024 Charltuble octlvltles Charitable expenditure comprlses those costs incurred by the charity in the dellvery of its activities and services for Its beneflciaries. It Includes both costs that can be allocated directly to such activities and those costs of an indlrect nature necessary to support them. Support costs Support costs include central functions and have been allocated to actlvity Cost categorles on a basis consistent wlth the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the tlme spent and other costs by their usage. Taxatlon The charlty Is considered to pass the tests set out In Paragraph I Schedule 6 of the Flnance Act 2010 and therefore It meets the definition of a charitable company for UK corporatlon tax purp05e5. Accordingly, the charity Is potentlally exempt from taxation in respect of income or capital gains received withln categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or galns are applied exclusively to charitable purposes. Tanglble flxed a5setS Indlvidual fixed assets costing £500 or more are inltlally recorded at cost, less any subsequent accumulated depreclatlon and subsequent accumulated impalrment losses. Depreclatlon and amortlsatlon Depreclatlon Is provided on tanglble flxed asset5 50 as to wrlte off the cost or valuatiors, le55 any estlmated residual value, over their expected useful economic Ilfe a5 follows.. Asset class Motor vehlcles Flxtures and fittings Depreclatlon method and rate 25% reducing balance 33% reduclnE balance Fixed asset Inveslment$ Flxed asset Investments, other than programme related Investments, are included at market value at the balance sheet date. Realised gairss and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent C05t, and are charged or credlted to the Statement of FlnancSal Activities in the period of disp0531. Unrealised galns andlosses represent the movement In market values durlng the year and are credlted or charged to the Statement of Financial Actlvlties based on the market value at the year end. Page 19
CRIBS Charitable Trust Notes to the Financlal Statements for the Year Ended 5 Aprll 2024 Trade debtors Trade debtors are amounts due from customers for merchandise sold or services performed In the ordinary course of business. Trade debtors are recognlsed Initlally at the transaction prlce. They are subsequently measured at amortlsed cost uslng the effective interest method, less provi51on for impairment. A provision for the Impalrment of trade debtors Is established when there 55 objective evidence that the charlty wlll not be able to collect all amounts due according to the orlginal terms of the receivables. Cash and ¢a5h equlvalents Cash and cash equlvalent5 comprise cash on hand and call deposits, and other short-term highly liquid Investments that are readily convertlble to a known amount of cash and are subject to an insignificant risk of change in value. Fund structure Unrestricted income funds are general funds that are available for use at the trustees dlscretlon in furtherance of the objectlves of the charity. Restricted Income funds are those donated for use In a partlcular area or for speclflc purposes, the use of whlchls restricted to that area or purpose. Penslons and other post retlrement obllgatlons The charlty operates a defined contrlbution pension scheme whlch Is a penslon plan under which flxed contributions are paid Into a pension fund and the charity has no legal or constructive obligation to pay further contributlons even if the fund does not hold sufflclent assets to pay all employees the beneflts relating to employee service in the current and prior periods. Contrlbutlons to deflned contrlbutlon plans are recognlsed in the Statement of Flnanclal Activities when they are due. If contribution payments exceed the contribution due for servlce, the excess is recognised as a prepayment. Page 20
CRIBS Charltable Trust Notes to the Financial Statements for the Year Ended 5 April 2024 3 Income from donatlons and legacles Unrestrlcted funds General Restrlcted funds Total 2024 Total 2023 Donatlons and legacles,. Donations 144,186 9,732 14,313 144,186 9,732 14,313 162,612 loo Legacie5 Gift ald reclaimed Grants, includlng capital grants; The National Lottery The MSE Charity Marsh ChrlstSan Trust The Family Trust ASDA FoundatSon St James Charitable Foundation Makers of Playlng Cards ChaTItv Fellow5hlp of St John's The Firish Foundation 15,500 4,562 15,500 4,562 500 500 5,000 1,128 5,000 1,128 2,500 2,000 10,000 10,000 5,500 3,000 2,500 2,000 10,000 10,000 The Harenc Communlty Trust Souter Charltable Trust The Maurice & Hilda Laing Charltable Trust 5,500 3,000 5,000 5,000 192,859 40,062 232,921 162,712 4 Income from chafltable acllvltSes Unrestricted funds General Total 2024 Total 2023 Fees and supplles Contractual Income 68,367 3.491 68,367 3.491 66,388 71,858 71,858 66,388 Page 21
CRIBS Charltable Trust Notes to the Flnanclal Statements for the Year Ended 5 Aprll 2024 5 Income from other tradlng actlvltles Unrestrlcted funds General Total funds Other income from other trading activities 852 852 852 852 6 Investment Income Unrestrlcted funds General Total 2024 Total 2023 Interest recelvable and simllar Income,. Interest receivable on bank deposltS Other income from flxed asset investments 1.264 2,457 1,264 2,457 105 3,824 3,721 3,721 3,929 7 Expendlture on charltable actlvltSes Total 2024 Total 2023 Note Fundralsing costs Project costs Dlrett tost5 Volunteer expen5e5 Staff costs 542 2,828 2,956 1.827 1.283 276,608 20,447 268,919 7,937 Support Costs 282,640 300,707 In addltlon to the expendlture analysed above, there are also support COSts of £7,93712023 - £20,447) whlch relate directly to charitable actlvlties. See note 8 for further details. Page 22
CRIBS Charitable Trust Notes to the Financlal Statements for the Year Ended 5 April 2024 8 Analysls of support costs Total 2024 Total 2023 IProfitl/loss on disposal of tangible fixed assets Staff training Rent 112,3441 345 621 1.577 145 Insurance 1,740 899 Repairs and malntenance Telephone and fax Computer software and malntenance Prlnting, postage and stationery Trade subscriptions Sundries 218 1,091 654 1,078 3,462 4,081 1,442 1,471 3,322 1.423 1,524 2.100 34 1,787 6,076 Motor expense5 Travel and subsistence Accountancy Independent examinatlon Depreciation of fixture5 and fittings Depreciation of motor vehicles 720 1,020 51 854 2,993 7,937 20,447 9 Trustees remuneration and expenses No trustee5, nor any persons connected with them, have recelved any remuneration from the charity durin8 the year. No trustees have received any relmbursed expenses or any other beneflt5 from the charlty durlng the year. Page 23
CRIBS Charitable Trust Notes to the Financlal Statements for the Year Ended 5 April 2024 10 Staff costs The aggregate payroll costs were as follows: 2024 2023 Staff cosls durlng the year were: Wages and salaries Social securlty costs Pension costs 248,734 13,360 6,825 276,608 268,919 276,608 The monthly average number of person5 Ilncludlng senior management / leadership team) employed by the charlty during the year expressed as full time equivalents was a5 follows: 2024 No 2023 No Charltable actlvities 13 13 No employee received emoluments of more than £60,000 during the year. 11 Taxatlon The charity 15 a registered ¢harity and Is therefore exempt from taxation. Page 24
CRIBS Charitable Trust Notes to the Financlal Statements for the Year Ended 5 April 2024 12 TangSble fSxed assets Furnlture and equipment Motor vehlcles Total Cost At 6 Aprll 2023 Disposals 8,456 28,378 117,5791 36,834 117,5791 At 5 Aprll 2024 8,456 10,799 19,255 Depreclatlon At 6 Aprll 2023 Charge for the year Elimlnated on disposals ,354 34 19,400 854 112,0171 27,754 888 112,0171 At 5 April 2024 8,388 8,237 16,625 Net bookvalue At 5 April 2024 68 2,562 2,630 At 5 April 2023 102 8,978 9.080 Page 25
CRIBS Charltable Trust Notes to the Financial Statements for the Year Ended 5 April 2024 13 Flxed asset Investment5 2024 2023 Other investments 74,950 Other Investment5 listed Investments Total Cost or Valuatlon At 6 Aprll 2023 Revaluation 2,579 12,5791 2,579 12,5791 At 5 Aprll 2024 Net bookvalue At 5 April 2024 At 5 April 2023 2,579 2,579 14 Debtor5 2024 2023 Trade debtors Prepayments Other debtors 815 2,462 5,460 6,218 3,782 8.737 10,000 Page 26
CRIBS Charltable Trust Notes to the Flnancial Statements for the Year Ended S April 2024 IS Cash and cash equlvalent5 2024 2023 Cash on hand 645 Cash at bank 155,498 45,516 156,143 45,516 16 CredStors: amounts falllng due wlthSn one year 2024 2023 Accruals 5,507 1.676 17 Funds Balante at 6 Aprll 2023 Other recognlsed Transfers gainsl{105sesl Balance at 5 April Z024 Incomlng re50urce5 Resources expended Unrestrlcted funds General General Funds 123,842 269,290 1165,4611 171,0031 12,5791 154,089 Restricted fund5 Boy5 Nolse/bYou leaders Mentoring CAP Money Boy5 N0i5e - Van REconnect 2,000 2,450 600 7,500 15,500 4,562 123,9441 118,5001 16,5601 16,4161 151,0761 110,6831 17,944 3,000 800 3,500 2,450 15981 2,562 8,978 10,000 2,500 41,076 8,183 Unllmited Prlmary 14,028 40,062 1117,1791 71.003 7,914 Total funds 137,870 309,352 1282,6401 12,5791 162,003 Page 27
CRIBS Charltable Trust Notes to the Flnanclal Statements for the Year Ended 5 Aprll 2024 Balance at 6 Aprll 2022 Other recognised gains/l1055esl Balance at 5 Aprll 2023 Incomlng resources Resources expended Unrestrlcted funds General General Funds 192,526 197,976 1259,6911 16,9691 123,842 Deslgnoted Designated Funds 50 150} Total unrestrlcted funds 192,526 198,026 1259,7411 16.9691 123,842 Restrleted fund5 General 3,000 8,000 13,0001 16.0001 14.3801 116,5001 13,8531 12,9931 13,6401 16001 Boys Nolselbyou leader5 Boy5 Noise/bYou packages Mentoring CAP Money Boys Noise- Van REconnect 2,000 4,380 18,950 4,453 2.450 600 11,971 3.640 8,978 After School club5 600 19,991 35,003 140,9661 14,028 Total funds 212,517 233,029 1300,7071 16,9691 137,870 The 5peciflc purposes for which the funds are to be applied are as follows: Boys Nolse/bYou leaders - funds from Makers of Playlng Card5 Charlty and The Harenc Community Trust for '8oys Noise, project. Mentoring - funds from The Natlonal Lottery Communlty Fund to run the 'Unlimited for secondary school puplls In 8exley' mentorlng service. CAP Money- funds from The MSE Charity to deliver the 'CAP Money Klds, course to year 5 and year 6 chlldren. Boys Nolse- Van - net book value of the van purchased for the use on 'Boys Noise, project. REconnect - funds from Fellowshlp of St John's to deliver the 'REconnect Project, through Prlmary School RE lesson5. Unlimlted Primary - funds from St James's Place Charltable Foundation to support the 'Unlimlted Prlmary, prolett. Page 28
CRIBS Charltable Trust Notes to the Financial Statements for the Year Ended 5 Aprll 2024 Transfers between funds: Restrlcted Funds have been used for the particular projects they have been recelved for, as agreed by the terms of the funder, but as funds received from various funders have not met all costs of the projects, the deflclt has been covered by Unrestricted Funds. 18 Analys15 of net assets between funds Unrestrlcted funds General Total funds at 5 Aprll 2024 Restrlcted funds Tanglble flxed assets Current assets 2,630 156,966 15,5071 2,630 164,880 15,5071 7,914 Current liabilities Total net assets 154,089 7,914 162,003 Unrestrlcted funds General Total funds at 5 Aprll 2023 Restricted funds Tanglble flxed assets Flxed a55et investments 9,080 74,950 39,812 9,080 74,950 55,516 11,6761 Current assets Current Ilabllitles 15.704 11,6761 Total net assets 123,842 14,028 137,870 19 Related party transactlons There were no related party tran5aCtlons in the year. Page 29