Charlty Registratlon no. 1124989 Company Reglstration no. 06448598 Change of Scene Report and Accounts Year ended 31 st March 2025
CHANGE OF SCENE FOR THE YEAR ENDED 31 MARCH 2025 Conlents Page Reference and Administrative Details Trustees, Annual Report Independent Examinels Report Statement of Financial Activitie6 Balance Sheet Notes to the Accounts Detailed Profft and Loss Account 10 12 13-20 21-22
CHANGE OF SCENE FOR THE YEAR ENDED 31 MARCH 2025 REFERENCE AND ADMINISTRATIVE DETAILS Charity registration number: 1124989 Company registration number: 06448598 Trustees: Rosalind Panayiotou Tanya Das Emma Blowers Rajnesh Abraham Gillian Baxter Chor Ko {appointed 01-04-25} Alice Kozub (appointed 01-04-25) Chalr. Rosalind Panayiotou Secretsry I Chief Executive: Pam Robinson Registered offlce: 16 Swinburne Av&Thue Broadslairs Kent CT10 2DP Operational office: Tremarga Cottage Brown'5 Walk Rowledge Farnham Surrey GU10 4BE Accountant and Independent Examlner: Sar8h Shearer FCA Emmaus Chartered Accountants 377-399 London Road Camberf8y Surrey GU15 3HL Bankers: The cOperatiVe Bank PIC 1 Balloon Street Manchester M60 4EP Page 1
CHANGE OF SCENE FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES, ANNUAL REPORT The Trustees presenl their Annual Report {includirg the Directors, Report as required by company law) and the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP} °Accountlng and Reporting by Charities" (FRS 102) in preparing the annual reporl and financial st8tements of the charity- The financial stat8ments have been prepared in accordance wlth the accounting policies set out in notes lo the accounts and comply wlth the charivs governing document, the Charities Act 2011 and Accounting and Reportlng by Charitl8s: Statement of Recommended Practic8 applicable to charitles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019. Trustees of the charlty The directors of the charitable company are its trustees for the purpose of charity law. The trustees who served during the year and to the date of this report are listed on page number 1. ObJectiv•s and actlvltles Charltable purpose and objectives Change of Scene was established in 2008. The objects of this charity were reviewed in May 2024 and are now.. °In the interests of social welfare, to prOve facllltles, advlce, assistanc8, 8ducation and recreational and leisure time activities for young people up to the age of 25 living in the counties of Hampshir8 or Surrey or in the area of Greater London who have need by reason of their age. sex, disablement, poverty or social and economic circumstances Wlth the object of improving the conditions of Itfe of such young persons and developing their skills, capacities and capabilities to enable them to better participate In society.. Our vision At Change of Scene our vision is for every chlld and young person to feel safe, secure, and empowered through gaining skills and knowledge in an ouldoor learning environment to improve th8ir hèalth. wellbeing, and social skills. What we do We provide outdoor learning from our farm in the Surrey countryside for vulnerable children and young people who are experi8ncing a diverse range of social, emotional, and behavioural challenges. Many are excluded from school, struggling to maintaiii their school placement, or are simply not thriving in a school environment. Change of Scene works with these young people to develop personal plans to enable them to gain the knowledge, skills and resilience they n8ed to equip them for lrfe. while also helping them to maintain their school plac6, or to be able lo return to school. By developing strong relationships, in a saf8 and secure environment, the children and young people are empowered to mak8 decisions, share experiences, learn new skllls and gain in confidence. The farm setting offers a structure and routine where looking after animals, maintaining the site and gardening remains a year- round constsnt In Ihe lives of our children and y()ung people. Page 2
CHANGE OF SCENE FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES. ANNUAL REPORT Management revlew Achievements and perfomiance The difference we have made this year Our priority for the year remained the delivery of a flexible, bespoke and outcomes focussed18arning opportunity to each of our children and young people. Specificalty: . We worked wlth 49 children and young peopl8 throughout the year. Since our formation In 2008. Change of Scene has improved the lives of 233 children and young people. . 24 young people moved on from our service and 78Yo of them successfully managed to retum to sustainable education- this is an excellent resu1 . Delivered 1,422 sesslons of face-to-face leaming and support (1,299 in 2023-24). . Achleved an attendance average of 810/0, th8 same as last year. . The average age of th8 P8ople who attended this year is 13. 120 fre8 S8ssions were offered to local chlldren and young people through our summer prcgramme. 67 % of the children and young people identified as m8le. compared to 61 OA in 2023-2024. 1004/0 were subject to an Education and Health Care Pl8n. . We offered leaming opportunities to 5 young people who wanted work experience to get °job readf. . We supported 7 local young people with their Bronze Duke of Edinburgh Award an(J 2 are working towards their Gold award. In total, the children and young p80ple achieved 369 AQA Unrt AvRrds. up from 241 last year. Whc uses our Children and young people are referred to us from a variety of sources - malnly schools and Social S8rvi¢es. The young p80pI8 Ihemselves are always struggllng to cope in an education system whlch fails to make allowances for their individual needs. All our attendees now have been formally ass8ssed as having special educatlonal needs. Many will also come from disadvantaged backgrounds and have a range of complex ne8ds and challenges. Some young people will be living within families who are struggling with loss. neglect. domesti¢ violence. poverty. overcrowdlng. substance misuse, physical or mental health issues at home. Some children have learnlng needs, and some have behavioural needs. What they all have in common. is a need for security, confidence. and success. What exactly do we do7 Each young person has their own plan for what they want to achieve with us. For example. Ali Comes for a session wlth hls key worker one morning each we@k. We stsrt by ¢hecklng in with him and agreelng his outcomes for this session. He will then ¢olled eggs, feed, and water the poulty, alpacas, and horses. This will requir8 him to check on their health and wellbelr@, count and date eggs, weigh. and measure food. log the results on Charts and make sure they are safe and secure in their housing. He is improving his numeracy and Ilteracy, developing his communication skills",18aming to work as part of a team. and gaining in self-confiden. All this from a child who is excluded from school for his dlsruptlve behaviour and aggression. What difference does Change of Scene make In the Ilves of chlldren and young people? A lot of our feedback is anecdotal, but W8 like to share a case study to evidence the difference our service makes. Page 3
CHANGE OF SCENE FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES, ANNUAL REPORT Diagnosed with broad-spectrum ASD, this young person was traumatised by hls school experience and had falled to access any other provision. At his referral meetlng. hls anxiety was so great. he stood with his back to his key worker, unable to even face an unfamiliar person. To not overwhelm him, the charity offered shortened sessions and included frequent trips back to see his parent who waited onsite. Gradually. the sessions were increased, the separation anxiety managed, and this young person began to come out of his shell. Despite his original key worker leaving, staff helped manage his anxiety and he continued attending. H8 now attends two 3-hour sesslons per week with two different k8y workers (bolh of whom hav8 become trusted adults). interdcts with all stsff. even speaking to adults he does not know. DespFte originally experrencing anxieties over being inside. has developed an interest In cooking. partlcularfy food involvlng cheese- scones. straws and even cheese I creaml His parent reports such an increase in confidence Ihat he can now access thlngs outs*Je the provision, such as visiting shops and local gardens. His progress is nothing short of amazing and he looks set to continue blossoming. Thank you We would like to thank all the many volunleers who work so hard to support our children and young people this year- without their help, we wouldn't achieve the results which we do,. our animals wouldn't have the fun and extra activities which they enjoy. We would also like to thank Sue Weaver and the Turner family for conlinuing to allow us lo use their land. We would also like to specifically thank the following for their g8nerous donalions.. Howzat Cricket Club, Farnham Model Railway Club, Edgeborough School and The Tansy Trust. Financial review (including reserves policy) Against the backdrop of limited resources and insecurrties over our leas8S, It has continued lo be difficult to develop services. Nevertheless, the charity, with the aid of sound financial management and the support of both ils staff and volunteers generated a very positive financial outcorne for the period. Net current assets including bank balances were £254.594 and the fixed assets were £19.031. Principal funding sources Income for the charity is currently generated through placement fees from local Councils.. restricted funding trom granl-m8king trusts and foundations and fundraising income from individuals and events. As part of our fundraising strategy, we look to increase income to support our future development aspirations. The charity received an income of £235.452 in placement fees, events and produce sales for Ihe year. £47,336 was received from grants and trust funding and fundraising for donations, and £4,000 from government grants. Page 4
CHANGE OF SCENE FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES. ANNUAL REPORT Reserves policy It is the policy of Change of Scene to maintain free reserves at a level which balances the main risks to the organisation and support our objectives. As part of th8 future growth and development of the charity, we have agreed with the landowners and lease holders that we will leave the sile by the end of June 2026. Our objective has therefore been to find a new site, establish ourselves on this new site and then increase the number of children and young people we provide services to. lo m88t increased demand. To achieve this, Change of Scene will require a minimum level of free resep¢es equating to between three and six months of unreslricted expenditure. This is considered sufficient to cover management, administration, and support costs and to respond to emergency needs which arise from time to time. Vve will also need sufficient funds to lease a new site,. build Ihe structures we will need to deliver our services from and keep children and the animals warm and saf8 and mov8. In 2024-2025 our income was £291,378. Trustees have designated a reserve for 2025-2026 of £65,224 (which equates to 3 months running Costs for 2024-2025) to cover contingencies. They have also designated £100,000 to go towards the cost of the buildings, move and eslablish us on a new site. We also have reserves of £12,052 invested in fixed assets. This means we have a total of £177,276 in designated reserves for 2024-2025. Investment policy Aside from retaining a prudent amount in reserves ea¢h year most of the charity's funds are to be spent in the sb.ort temi so there are insufficiènt funds for long term investhrant. Results for the year In Ihis period, Change of Scene's income was £291,378 {2024: £260,898). expenses were £275,662 {2024: £246,729) resulting in a surplus for the financial year of £15,716 {2024.' £14,169). This has led to a total funds balance of £273,825 {2024.' £257,909) at year end, with a restricted funds balance of £41,832 (2024.. £51,335). Funds available without disposing of tangible fixed assets were £254,594 at the year-end (2024.. £232,385). The trustees fully appreciate the challenging current economic clim ate and will continue to try and achieve its objectives and goals with sensible financial management. Volunteers and gifts in klnd No accounl is taken lo quantify the monetary value of volunteer time. The charity benefits from gifts in kind from individuals and partner organisations and Surrey County Council who provid8d specialised training al a significant discount. To date Change of Scene has nol altèmptéd to value gifts in kind. Related parties The Charity works extremely closely with Its referral agencies, predominantly educational establishments, schools. and Social Services. These relationships are generally through setvice agreements, varylng in length from a single school term to several y8ars' d8P8nd8nt upon the needs of the childlyoung person. However, the trustees and staff team a not aware of any relationships wilh referral agencies which fall within the definition of related parties {e.g. common diredors or close family directors). In so far as it is complimentary to the charlws objects, the charity is guided by both local and national policy. Page S
CHANGE OF SCENE FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES. ANNUAL REPORT Plans for future periods Our prioriti•s for tho comlng year Through our annual objective setting proc8SS, W8 have identified both short-temi (one year} objectlves. alongside longer term aims. Over this ne year, we will: Find a new site to allow us to continue to provide our current services plus the opportunity to also provide a range of additional servlces to chlldren and young people and the local community, directly or indirectly. Grow our fundraising campaign to secure the funds to purchase or lease the new site and then set up the infrastructure we need to car8 for our attendees, staff, and animals safely. Find a new Patron to help champion our cause. Continue to build our donor and supporter base to increase financial stability and support growth of services. Maintain and strive to grow the numbers of children and young people accesslng our services lIst retaining our very individual, bespoke approach. D8velop partnerships with the local community and other third sector organisations to shar8 r8sources and support for new actlvltles. Improve how we gather and use data to demonstrat8 the impact of our work. ongside continuing to build strong relationships with statutory partners and independent funders. . Conllnue to identify opportunities to raise and generate income to expand our work. Strategic planning and governance ' The Trustees, In partnership with the staff team, are coming together to develop a robust and sustainable 3-5-year Business Plan, wFth a supporting Fundraising Strategy to drlve our work forward. As part of our Gov8rnanc8, we wlll. . Develop our new Business Plan and Fundraising Strategy. Identify appropriate training requirements for trustees. R8P8at our Skills Audit to ensure that we have the appropriate skills. experience, and connections within the Management Committee l Board of Trustees. Underplnning all this, our values.. We will support each other to b8: Confid8nt Helpful Accepting Nurturlng Goal driven Empathetic Publlc benefft Th8 charity trustees have complied with thelr duty to have due regard to the guidance on public b8n8fits published by the Charlty Commission in exercising their power and duties. The activities summarised under Management Review abov8 are for public benefit. All our charllable actlvities focus on the provision of learning opportunllles for vulnerable children and young p@op18 and are undertaken to futher our charitable purposes for the public b8n8frt. Page 6
CHANGE OF SCENE FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES, ANNUAL REPORT Risk management The Management Committee has conducted a review of the major risks to which the charity is exposed. A risk regist8r has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Significant extemal risks to funding have led to the beginning of development of a strategic plan lch will allow for the diversification of funding and activities. Internal control risks are minimised by Ihe implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients. and visilors to the site. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity. Structure. governance and management Constitution The company w8s incorporated as a charilable company limited by guarantee on 7 December 2007 and registered as a Charity with the Charity Commission on 15 July 2008. The company is constituted under a Memorandum and Articles of Association dated 7 Dec8mber 2007. Membership of the charity is open to individuals. voluntary organisations and businesses within the area of benefit. In the event that th8 charity is at some time wound up, members of the charity may be required to contribute not more than £10 towards the settlement of any debts and liabilities there might be at such time. Under the Articles of Association the directors of Ihe charitable company may delegate certain power to a committee made up of al least two directors and also to approve company Rules or By& laws governing how the charity is run so long as these do not conflict wilh the Memorandum and Articles of Association. OrganFsational structure Change of Scene has a Management Committee of trustees {at least three members making a QuorLJm) who meet quarterly and are responsible for the strategic direction and policy of the charity- At present the Committee has five members from a variety of professional backgrounds relevant to the work of the charity. One of the trustees serves as Chair. The Secretary (who is also the Chief Executive) sits on the Committee but has no voting rights. A scheme of delegation is in place and day to day responsibility for the provision of the services rests with the Chief Executive. One of the trustees in elected as Chair at the Annual General Meeting {AGMI and normally serves for several years subject lo annLtal re-election al the AGM. The trustees elecled Rosalind Panayiotou as Chair at the 2021 AGM. The Chief Executive is responsible for ensuring that the charity delivers Ihe services specified and that key performance indicators are met. The Chair liaises with the Chief Executive on a regular basis and approves decisions or courses of action in between trustee meetings. Page 7
CHANGE OF SCENE FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES. ANNUAL REPORT Method of appointment or election of trustees Trustees are appointed in accordance wtth the articles of association. A minimum of three but no maximum number of trustees may serve. Trustees may co-opt others durlng the year who are then 8lected at the Annual General Meeting (AGM) by members of the charity. All members of the Management Committee give their time voluntarily and received no benefits from the charity. Any expenses reclaimed from Ihe charity are sel out in note 11 to the accounts. Three Dlrectors retire by rotation arid being eligible. offer themselves for re-election. To maintain a broad skill mix, members of the Management Committee are requested to provide a list of their skills land update il each year) and in the event of particular skills being losl due to retirements. individuals are approached to offer themselves for election to the Management Committee. Trustee induction and tralning Most trustees are well established and already familiar with the praGtical work of the charily having been serving for several years and belng encouraged to take up a tour of Ihe site. Additionally, new trustees are invited and encouraged to attend a series of short training sessions lof no MO than an hour} to familiarise themselves with the charity and the context wlthin which it operates. These are jointly led by the Chair of the Management Committee and the Chief Executive of the charity and cover.. . The obligalions of Management Commiltee members. Charity Commisslon guidance of roles and r8sponsibilities. . The main documents which set out the operational framework for the charity including the Memorandum and Articles. Resourcing and the current flnancial position as set out in th8 latest published accounts. Future plans and objectives for trustee recruitment We are expecting several new Trust88S to start volunteering for us next year, following our skills audit where we identified specific gaps. Trustees. responsibilities The Trustees (who are a150 directors of Change of Scene for the purposes of company law) are responsible for preparing the Trustees. Report and the financi21 statements in accordance with applicable law and United Kingdom Accounting Standards (Uniled Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees lo prepare financial stat8m8nts for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied Ihat they give a true and fair view of the slate of affairs of Ihe charitable company and of the incoming resources and application of resourGes, including the income and expenditure, of the ch8ritable company for that perlod. In preparing thes8 financial statements, the Trustees are required to.. select suilable accounting policies and then apply th8m consistently. observe the methods and principles in the Charities SORP. Page 8
CHANGE OF SCENE FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES. ANNUAL REPORT make judgments and accounting estimates that are reasonable and prudent; prepare the financial ststements on the going concern basis unless it is inappropriate to presume that the Gharitable company will continue in operalion The Trustees are responsible for keeping adequate accounting records thal are sufficient to show and explain the charrtable company's Iransactions and disclos8 With reasonable accuracy at any time the flnancial position of the charitable company and enable them to ensure that the financial state m e nt compty wilh the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable Gompany and hence for taking reasonabl8 Steps for the prevenlion and detection of fraud and other irregularities. Compllance wlth laws and regulallons The trustees have established policies and procedures design8d to ensure that It complies with all material laws and regulations in relation lo the charitable company's operations and activities. The trustees are not aware of any signrficant non-compliance wilh laws and regulations. Independent examiners At the annual general meeting. as the truslees decided to lake advantage of audit exemption under the Companies Act 2006 and the Chariti8s Act 2011 and appointed Sarah Shearer of Emmau5 Chartered Accountants as Independent examlner. The trustees view an indep8ndent examinatlon as part of govemance and internal control of the charrty. Sarah Shearer and Emmaus Chartered Accountants have expressed their willlngness to work in that capacty- Small companies exception In preparlng this report. th8 Trustees have taken advantage of the small companies exemptions provided by Section 415A of the Companies Act 2006. 14 October 2025 This report was approved by the Trustees on .................................................... and was approved by: Rosallnd Panaytotou Chair Rtrz Page 9
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHANGE OF SCENE (Ih• Charitrf) I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 March 2025 which are set out on pages on pages 11 to 12 following. thIch have been prepared on the basis of the a¢counting policies set out on pages 13 to 20. Responsibllltlos 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 (Ihe 2006 Act.). Having satisfied mysdf that the accounts of the Company are not required to be audited under Part 16 of the 2006 A¢t and are eligible for independent examination. I report in respect of my examination of yDur charity's accounts as carried out under section 145 of the Charities Act 2011 (Ihe 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145<5) (b) of the 2011 Act. Independent examlnefs statement I have completed my examination. I confirm that no materlal matters have come to my attention in connection wlth the examlnatlon glving me cause to believe that in any material respect: 1. accounting records were not kept In respect of the Company as required by sectinn 386 of the 2006 Act. or 2. the accounts do not accord with tlxise records; or 3. the accounts do not comply with the accounting requirements of sectlon 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not matter consldered Ss part of an independent examination" or 4. the accounts have not been prepared in accordance with the methcmls 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 Reporti Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concems and have come across no other matters in Gl)nnection with the examination to which attention should be drawn in this reFQrt in order to enable a proper understanding of the accounts to be reached. Sarah Shearer FCA Member of the Institute of Chartered A¢countsnts England & Wales Emmaus Charted Accountsnts 377-399 London Road Camberley sU8Y GU15 3HL Date: Page 10
CHANGE OF SCENE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Restrictsd Unro8tri¢ted Funds FLttvJs 2025 Total Fund* 2025 Reslrlcted Unrestricted Funds Funds Total Fund$ 2024 2025 2024 2024 Note INCOME AND ENDOWMENTS FROM: Donations and grants Charitable actlvltles Gov8mment grants Other income 24,234 23,102 235,452 4,000 4,590 47,336 235,452 4,000 4,590 27,781 19,144 204.926 5.000 4,047 46,925 204.926 5.000 4,047 Total Incomo and •ndowment8 24.234 267.144 291,378 27,781 233,117 260,898 EXPENDrruRE ON: Fund raislng costs Charitable activrties Exceptional items 60 255,304 20.298 322 18.496 227.911 322 246,407 27,519 227,785 6.218 14,080 10 Total oxpendlture 33,737 241,925 275,662 18,496 228,233 246.729 Net movem•nt In funds (9,503) 25.219 15,716 9,285 4,884 14,169 Recon¢lllation of funds.. Total funds brought forward 51,335 206,574 257,909 42,050 201,690 243.740 Total funds carrled forward 41,832 231,793 273,625 51.335 206.574 257,909 The notes on pages 13- 20 form part of these accounts. Page11
CHANGE OF SCENE BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Not8 FIXED ASSET8 Tangible assets 13 19,031 25.524 CURRENT ASSETS Other debtors and prepayments Cash at bank and In hand 14 37,563 227.066 36,994 208,073 245,067 264.629 CREDITORS: Amounts falling due withln one year 15 {10.035) {12,682) Net current assets l (liabllltles) 254,594 232.385 Total assets less current Ilabilities 273,625 257,909 TOTAL NEf ASSETS 273,625 257.909 FUND BALANCES Re8trictpd fun,d.% Unrestricted income funds 17 17 41,832 231,793 51,335 206.574 TOTAL CHARITABLE FUNDS 273,625 257,909 The charitable company is entitled to exemptlon from audit under Section 477 of the CLxnpanies Act 2006 for the year ended 31 March 2025. The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The directors acknowtedge their responsibilities for complying with th8 requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the provisions of Financial Reporting Standard 102 (FRS 102). The financial statements were approved by the Board of Trustees on and were signed on its behalf by: ..14.Q.¢¢ob£r.2025............ 2025 Rosalind Panayiotou Chair Rtrz F4fv The notes on pag8s 13- 20 form part of these accounts. Pag8 12
CHANGE OF SCENE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 1 Statutory Infomiation Change of Scene is a charitable private company reglstered in England and Wales. Details of tts r8gistered numbers and address ar& shown on page number 1. In the event of the charity being wound up. the liabilty in respect of the guarantee is limited to £10 per member of the charity. Accounting Policie5 The principal accounting policies which are adopted consistently in the pparatiOn of the financial statements are set out below. a) Basls of a¢counting The financial statements have been prepared under the historical cost Mnvention with items recognised at cost or transactron value unless otherwise stated in the relevant notes to these financial statements. The financial statements have been prepared in accordance with the Charities Statement of Recommended Practice (Charities SORP {FRS 102) second edition published Oclober 2019) and the Financial Reporting Standard 102 (FRS 102 publish8d March 2018- effeclive 1 Jan 2019). Change of Scene m88ts the definition of a public benefit entty under FRS 102. The financial statements are presented In sterling which is the functional currency of the Gharily and rounded to the nearest £. b) Financlal reportlng standard 102 - rnducod dlsclosure exomptlons The charlty has taken gdvantag8 of the following disclosure exemption in preparing th888 financial.stalements, as permitted by FRS •1 L12 'The Financial Reporting Standard applicable in the UK ana Republic of Ir81and': - the requirements of Section 7 Statement of Cash Flows c) Income Donation income is recognised upon entitlement. Recoverable gift aid is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor. Income from legacies is recognised when a distribution is received from th8 estate or, if earlier, when the charity has been notified that a distribution will be made and Ihe amount receivable can te measured reliably. Other income is recognised upon entitlement. No amount of time is included in the financial statements for volunteer time in line with the SORP (FRS 102)- Further detail is given in the Trustees. Report. d) Expenditure Expenditure is recogni5ed once there is a legal or constructive obligation to make a payment to a third party. it is probable that Settlement will be required and the amount of the obligatron can be measured reliably. Allocation of expendlture Expenditure is accounted for on an accruals basis and allocated to the relevant activity. Where an expense relates lo more than one activity it is apportioned on an appropriate basis as detailed in the support cosl note. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. e) Investments Investments ar8 included at fair value at the Balance Sheet date. Page 13
CHANGE OF SCENE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Debtors All debtors are included at the settlement amount due. PrepasThents are valued at the amount prepald net of any trade discounts due. g) Cash and cash equivalents Cash and cash equivalents include cash In hand, deposts held at call with banks. other short-term liquid Investments with original maturities of three months or less, and bank overdrafts. h) Creditors and provisions Creditors and provisions are recognised where the charty has a present obligation arising from a past event that will probably result in the transfer of funds to a third paty and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount after allowing for any trade discounts due. i) Financial instruments The charrty only has financial assets and liabilities of a kind that qualify as basic financial instruments. Afi baslc flnancial instruments are initially recognised at transaction value and subsequently measured at their settlement value. J) VAT The charity is not r8gistered for VAT and accordingly expendlture includes VAT where appropriate. k) Taxation The charity is exempt from tax on Its charitable actlvltles. l) Golng Concern The Trustees consider that th8r8 are no material uncertalnties about the Charis ability to continue as a going concem. m) Fund accounting Unrestricted funds are expendable at the dlscretion of the Trustees in furtherance of the objects of the charlty and Ythich hav8 not been designated for other purposes. Designated funds comprise Unrestricted funds that have been set aside by the Irustees for particular purposes. Restricted funds are funds which are to be used in accordance with speclfic restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such furKJs are charged against the specific fund. Further explanation of the nature and purpose of each fund is included in the Trustees Report. n) Key estlmates and judgemonts The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the Statement of Financial Position date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. The following judgements {apartfrom those involving estimates) have been made in the process of applying the above accounting policies that have had the most significant effecl on amounts recognised in the financial slatements.. Page 14
CHANGE OF SCENE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 - Tangible fixed assets. Tangible fixed assets are depreciated over their useful liv88 taking into account residual values. where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives. factors such as te¢hnologlcal Innovatlon, product IKe cycles and maintenance programmes are taken into account. Resldual value assessments consider issues such as future market conditions, the remaining IWe of the asset and projected disposal values. Carrying values in the balanc8 she8t are shown in Note 12 below. - Allocation of administration costs. A proportlon of expenditure is either not directly attributable to specific projects or relates to the central admlnistration of the charity. In determiniNJ how to allocate thes8 costs the trustees have consldered the level of activities in each project, use of facilities and administrative support. 2 Income from grants and donatlons Restricted Unrestricted funds funds Total Restricted Unrestricted 2025 funds funds Total 2024 Grants Large donors Other donations Gift Aid 24.234 10.777 35,011 27,781 9.285 2,838 6,156 865 19,144 37,066 2,838 6,156 865 46.925 10,302 2.023 23.102 10,302 2,023 47,336 24,234 27,781 3 Income from activities for generatlng funds Restricted Unrestricted funds funds Total Restricted Unrestricted 2025 funds funds Total 2024 Fees Otner (Events and sale of produce) 231,828 3,623 235,452 231.828 3,623 235,452 201,758 3,168 204,926 201.758 3,168 204,926 4 Government grants Restricted Unrestricted funds funds Total Restricted Unrestricted 2025 funds funds Totsl 2024 Employment Allowance 4.000 4.000 4,000 5,000 5.000 5 Other income Restricted Unrestrlcted funds funds Total Restricted Unreslricted 2025 funds funds Total 2024 Bank interesl receivable 4.590 4.590 4,590 4.590 4,047 4,047 4,047 4,047 6 Charltable activiti•s Restricted Unrestricted funds funds Total R8Stricted Unrestricted 2025 funds funds Total 2024 Salari88 and staff costs {note 12) Direct activity costs (note 7) Support costs (note 8} Governance costs (note 9) 18,262 8,542 715 161,795 19,701 40,097 6.192 227,785 180,057 28,243 40,812 6,192 255,304 14,624 3.501 371 154,377 22,624 48.326 2,584 227,911 169.001 26.125 48,697 2,584 246.407 27.519 18,496 Page 15
CHANGE OF SCENE NOTES TO THE ACCOUNTS FOR THEYEAR ENDED 31 MARCH 2025 7 Dlrect actlvlty costs Restrlcted Unrestricted funds funds Total R8Strict8d Unrestricted 2025 funds funds Totsl 2024 Children's activities Other premises and equipment Re-location professional costs Animal expenses incl. feed and vet Depreciatlon 1.366 258 210 4.567 1.576 4,825 308 367 618 246 1,962 3,501 3.017 3.874 3,325 4,241 618 9,482 8,459 26.125 4.860 2.058 8,542 8.473 6.452 19,701 13,333 8,510 28,243 9,236 6,497 22,624 8 Supporl costs Restricted Unrestricted funds funds Total Restrlcted Unrestricted 2025 funds funds Total 2024 Administration salaries (note 12) HR and recruitment Psychological supervision Travel and subslstence Postage, stationery and printing Insurance Advertising and marketing Llght and heat Rent and rates Subscriptions and training Telephone Miscellaneous and sundries IT software and consumables Legal and professional 21.686 587 1,444 46 194 2,751 109 6,959 2,092 .124 824 21.686 587 21,565 272 1.956 131 383 4.856 21,565 272 1,956 131 451 4,856 46 194 2.751 652 6,959 2,092 1,288 832 38 2,209 34 19.126 68 543 8,146 1.000 573 1,078 172 5,679 2,515 26.761 8.146 1,000 164 .291 12 1,090 172 5.679 2,515 27,132 2,209 715 18,411 371 715 40.097 40,812 371 48,326 48,697 9 Goveman¢e costs Reslricted Unrestricted funds funds Total Restricted Unrestricted 2025 funds funds Total 2024 Independent Examination fee Legal. consultancy, accountancy Bank charges Bad debt Other 2,344 2,802 2,344 2.802 2,500 1,045 1,045 84 2,584 6,192 6,192 10 Exceptional ltsms R8strict8d Unrestrided funds funds Total Restrlcted Unrestricted 2025 funds funds Total 2024 Professional relocation fees 6,218 6,218 14,080 14,080 20.298 20.298 During the year, £20,298 of professional costs were incurred for the relocatlon to a site that then was found to not b8 suitable. Page 16
CHANGE OF SCENE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 11 Trustees remuneratlon and expens•s There were no trustees, remuneratlon or other benefrts for the year ended 31 March 2025 nor for tt)e year ended 31 March 2024. There were no trustees. expenses reimbursed for the year ended 31 March 2025 nor for the year ended 31 March 2024. 12 Staff ¢osts No employees e1Ved ernoluments in excess of £60.000. Key management personnel compri*d only the Chief Executive. who received a salary of £27,344 (2024." £27.131). The average number of monthly employees and full time equivalent (FTE) during the year was as follows: 2025 FfE 7.82 2024 Average stsff numbers Charitable activities Number 14.33 Number 14.58 5.69 The total staff costs were as follows: 2025 191.224 7,337 3,155 27 201.743 2024 175.771 11,523 3,142 130 190566 Wages and salaries Soclal security Pensions Other Restricted Unrestrlcted funds funds Total Restricted Unrestricted 2025 funds tunds Total 2024 Charitable activltles Administration 18,262 161.795 180.057 21.686 201,743 14,624 154,377 169.001 21,565 190,566 183 481 13 Tangible Fixed Assets Buildings Groundwork: Plant and Offi machinery equipment Total Cost At 1 April 2024 Additions At 31 March 2025 71.722 42.187 13,073 8.019 583 8.602 135.001 2.018 137.019 73,156 42.187 13,073 Depreciation At 01 April 2024 Charge for the year At 31 March 2025 61,398 31,134 10.774 529 11.303 6.171 557 6.728 109,477 66.213 33,743 117.988 Net book value At 31 March 2025 At 01 April 2024 1.770 2,299 10.324 11,053 25.524 14 Debtors 2025 2024 Trade debtors Other debtors Prepayments and accrued incorne 34.950 2,023 590 34.411 2.583 Page 17
CHANGE OF SCENE NOTES TO THE ACCOUNTS FOR THEYEAR ENDED 31 MARCH 2025 15 Credltors: Ilabllltles falllng due withln one aT 2025 2024 Trade creditors Bank and other loans and overdrafts Other tax and social security Pension contributions Other creditors Accruals 859 633 2.633 4.065 1,204 1.539 2.608 12,682 3.500 980 708 3,988 16 Operating leases Total future minimum lease payments under non-cancellable operating le8S8s are as follows.. 2025 2024 Within one year Baeen one and two y8ars Beeen two and five years More than five years 750 750 750 750 17 Funds Unrestricted Income Funds are those funds that are available to the trustees to 8pply to the general charitable purposes as laid out In the Trust Deed. Reslrrcted funds must be used for the speclflc purpose lakl down by the donor. Expenditure which meets that purpose is allocated to the relevant Restricted fund. Movement in funds . Current period At 01.04.24 Net At 31.03.25 Movement in funds Unrestricted fund5 Ganeral Funds Fixed Assets Building Acquisition Fund Contingency Fund Total Unrestricted funds 30.530 17.020 93.800 65,224 206 574 27.488 (8,469) 6,200 58.018 8,551 100.000 65,224 231793 Restricted funds General Funds Fixed Assets Building Acquisition Fund Total Restrictod funds 39,576 5,559 6,200 51.335 257 909 {1.245) (2,058) 6,200 9,503 38.331 3,501 TOTAL FUNDS 273 625 Page 18
CHANGE OF SCENE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 During the year th• movements In the charivs funds wern as follows: Incoming Outgoing Galns and resources reSoUeS losses Funds Movement transfer in funds Unrestricted funds General Funds Fix8d Assets Building Acqulsition Fund Contlngency FurKr Total Unrestrf¢ted funds 267.144 233,456 8,469 (6,200) 27,488 (8,469) 6,200 6.200 Restrlcted funds General Funds Flxed Assets Bullding Acquisition Fund Total Restrlcted funds 24,234 25,479 2.058 6,200 (1,245) {2,058) 6,200 TOTAL FUNDS 291378 275 662 Movem8nt in funds - Comparative period At 01.04.23 Net At 31.03.24 Movement in funds Unrnstrlcted funds General Funds Fixed Assets Building Acquisition Fund Contingency Fund Totsl Unrestricted funds 45.714 23.967 50,000 82.009 201.690 {15,1841 {6,947) 43,800 16,785 4,884 30,530 17,020 93,800 65,224 206,574 Restrlcted funds G8n8ral Funds Fixed Assets Buildlro Acquisition Fund Totsl Restricted funds 34,529 7.521 5,047 (1,962) 6.200 9,285 39.576 5,559 6,200 51.335 42,050 TOTAL FUNDS 243 740 14,169 257 909 Comparatlve not movement in funds, included In the above are as follows: Incoming Outgoing Galns and resources resources losses Funds Movem8nt transfer in funds Unrestricted funds General Funds Fixed Assets Building Acquisition Fund ContirKJency Fund Total Unrestricted funds 233.117 221.286 6,947 {27.015) <15.184) (6.947) 43.800 16,785 4,884 43,800 16.785 233,117 228,233 Page 19
CHANGE OF SCENE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Reslrlct•d funds General Funds Fixed Assets Building Acqulsition Fund Total Restricted funds 20.963 15.916 1,962 618 18,496 5,047 (1,962) 6,200 9.285 6,818 27.781 TOTAL FUNDS 260 898 246 729 18 Analysis of funds Fixed Assets Current Cash and Assets Current Investments Current Ll8biliti8S Total At 31.03.25 Unrestricted Restricted 3,917 15,113 37.563 200,347 26.719 227 066 {10,Q35) 231,793 41.832 273 625 At 31.03.24 Unrestricted Restrict8d 19.965 5,559 25.524 36,994 162,297 45,776 208 073 <12.682) 206.574 51,335 257 909 19 Flnaneial Instruments The financial instruments of the bhdrity are measured as folk)ws: 2025 2024 Financial Assets Financial Assets measured at Amortised Cost Trade Debtors Other Debtors Cash and cash equlvalents Total Financlal Assets 34,950 2,613 227,066 34,411 2,583 208.073 245,067 Financial Llabilitiès Financial Liabilities measured at Amortised Cost Trade Creditors Other Creditors Bank loans and overdrafls payable within one year Total Flnanclal Liabllltles 859 9.175 2.633 9,416 633 12,682 Page 20
CHANGE OF SCENE DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 INCOME AND ENDOWMENTS Income from grants and donatlons Grants Large donors Other donations Gift Aid 35,011 37,066 2.838 6,156 865 46.925 10,302 2,023 47,336 Income from activities for generatlng funds Fees Events and sale of produce 231,828 3,623 235,452 201,758 3,168 204,926 Government grants Employment Allowance 4,000 5,000 Other income Bank Interest re¢elvable 4,590 4,047 Total incomlng resour¢es 291,378 260.898 EXPENDITURE Fu•id iaislnb tr0515 Event costs 60 322 Salarles and staff costs 180,057 169,001 Dlrect actlvlty cosls Children's activities Other premises arKI equipment Re-location prof8sslonal costs Anirnal expenses incl. feed and vets bills Depreciati¢)n 1.576 4.825 3,325 4,241 618 9,482 8,459 26.125 13.333 8,510 28,243 Support costs Administration salaries HR and recruitment Psychological supervislon Travel and subslstence Postsge. stationery and printing Insurance Advertlsing and marketing Light and heat Rent and rates Subscrlptlons and training Telephone Mlscellaneous and sundries IT software and consumables Legal and professlonal 21,686 587 1,444 46 194 2.751 652 6,959 2,092 1.288 832 38 2,209 21,565 272 1,956 131 451 8,146 1,000 864 1,090 172 5,679 2,515 48.697 40,812 Page 21
Govemance costs Independent Examinatron fee Legal, consultancy. accountancy Bank charges Bad debt Other 2,344 2,802 2,500 1,045 6,192 2,584 Excepuonal Items Re-location professional costs 20,298 Total resources expended 275,662 246,729 Nel In¢omel(expendlture) 15.716 14.169 This page does not form part of the ststutory financial statements. Page 22