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2024-03-31-accounts

Parenting Project Annual Report 2023-24 Report and Financial Ststements for the Year Ended 31 March 21Y24 IA company limited by guarantee) Rg3Istw￿ CJwty n￿be[ 1125291 . Company numbw f￿32858

REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Contents of the Financial Statements for the Year Ended 31 March 2024

Page
Contents of the Financial Statements 1
Report of the Trustees 2 - 17
Independent Examiner's Report 18
Statement of Financial Activities 19
Balance Sheet 20
Cash Flow Statement 21
Notes to the Cash Flow Statement 22
Notes to the Financial Statements 23 - 34

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

All sections of this report form the Annual Report of the Trustees for the year ended 31st March 2024.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Name

The Parenting Project

Registered Company number 06032858

Registered Charity number

1125291

Registered office St Johns Family And Wellbeing Centre Mortimer Road Kenilworth England CV8 1FS

Company Secretary Elaine Johnston

Trustees and Directors

Jane Williams - Chair Adam Sherratt - Treasurer Andrea Milton Beverley Ballinger Graham Lowther Sally Lightfood (resigned 1 February 2024)

Senior Management

Elaine Johnston - CEO Emma Smith - Development Manager

Accountants

SAB Accountancy Services Ltd 102 Hamstead Road Great Barr Birmingham B43 5BN

Independent Examiner

Pearl Accountancy Services Limited 61 Bridge Street Kington HR5 3DJ

Bankers

Lloyds Bank Stourbridge Business Centre Lloyds Bank Commercial PO Box 1000 BX1 1 LT

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity 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 Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

The charitable objects agreed with the Charities Commission are:

To advance education amongst parents, carers, those with parental responsibilities and professionals concerned with children and young people including the provision of training and advice, counselling and support services in the Stratford On Avon district and surrounding area.

Public Benefit

The trustees consider that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission.

ACHIEVEMENTS AND PERFORMANCE Charitable activities

WHAT WE DO

The Parenting Project changes the lives of families with children 0-19 (25 SEND) by improving their mental health and preventing suicide.

We are a charity offering free mental health support, therapy, family support, parent mentoring and therapeutic group work based in Warwickshire.

Our professional team of Wellbeing Facilitators, Counselling Therapists and Parent Mentors get to the heart of family difficulties and work with them to solve them.

We help families to feel hopeful for the future.

WHY WE ARE DIFFERENT

Pathway of services

Our pathway of services works. Families typically experience significant change in their lives following our support and reduced levels of psychological distress.

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

ACHIEVEMENTS AND PERFORMANCE - continued

Therapy

We offer a minimum of 18 sessions of trauma-informed, person centred counselling and psychotherapy.

Our People

Our team are all trained and experienced professionals. Families have the same worker/therapists throughout their time with us.

Place

We are community based. Families access our services in their own homes or community venues.

Partners

We work with a range of partner agencies in the statutory sector as well as voluntary organisations. All help us to identify those who need our support the most.

OUR AIMS

OUR VALUES

----- Start of picture text -----
Empathy
Strengthening Relationships
hips &
Persistent Conviction
Openness to Opportunity ity
Creative Collaboration
----- End of picture text -----

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

A MESSAGE FROM OUR CHAIR

When I embarked on the goal of developing The Parenting Project, 25 years ago, it was driven by the need for parenting support in the Stratford on Avon District. Since then, the charity has grown and developed in response to family need, most of which, pivots around mental health throughout Warwickshire.

It has been a journey of determination and perseverance to develop our highly effective pathway of services, which was developed after listening and understanding what families needed from us.

This year is a critical year for us as we re-shape our approach to our strategic development and our fundraising strategy. Last year we experienced a watershed in terms of funding, resulting in a pause in our development with reduced teams. As with most things in life, we saw the opportunities the situation brought forward. With this in mind, later this year, we will be transforming our brand profile to reflect our development into mental health support for families and the wider community. This will include a change of name for us. In effect we have pruned back and now we are seeing the green shoots of new growth.

Our dedication to our beneficiaries is driven by our belief that we can not only survive, but thrive into the future.

I am proud of the impact we have made to date on thousands of families, but we know there are many, many more who need our support.

A special acknowledgement goes to our whole team, including my fellow Trustees, our volunteers and staff team, who always work tirelessly, even in the most difficult circumstances.

This is not an easy time for charities like ourselves but we will continue to do our work to meet growing need and look forward to a better future together.

Jane Williams Chair of Trustees

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

THE FUTURE

The next few years are still uncertain for us as we dust ourselves down from the pressures of a difficult funding landscape.

True to our values, our persistent conviction manifests as a sure and certain commitment to families, which means we persevere to do what serves families and individuals best (even if it is not the easiest or usual thing to do). To this end we are ambitious in our plans to secure our future in the long term.

In 2022 we registered a Community Interest Company (CIC), The Growth Pool. The aim is to develop the CIC to generate enough income in 5 years’ time to fund our core costs, which are something most smaller charities struggle to find.

The company delivers wellbeing support and training to individuals, schools, organisations and companies.

This year we will be taking The Growth Pool to the next stage of its development following a successful pilot last year.

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

REFERRALS

We are proud that, over time, we have formed effective relationships with our partners who work with us to identify those who need us the most. We are very grateful to our partners in the NHS, Social Care, Education and other statutory services who regularly refer parents to us.

Importantly, we encourage individuals and families to refer themselves to our services via our website.

OUR BENEFICIARIES

During this financial year at total of 596 individuals benefitted from our support. Beneficiaries include children 0-19 (25 if SEND) and parents. Our objects and funding limited the services we are able to provide to families. We approximate that we are only able to meet the needs of 12% of families who need the support we offer within Warwickshire.

OUR SERVICE PATHWAY

Our pathway is the foundation for securing sustainable outcomes and positive impact for our beneficiaries. By offering holistic support for families we are able to meet their wellbeing needs comprehensively. The following services form our pathway of support.

OUR PATHWAY HELPS TO PREVENT FAMILIES FROM ESCALATING INTO CRISIS

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

FAMILY WELLBEING SUPPORT

Our Family Wellbeing Facilitators provide 1:1 support for parents and their families and work with the family as a whole. Support includes home visits, phone calls and video calls, depending upon the family’s needs.

Facilitators work with families to listen to their circumstances and work with them to address the issues, which are important to them. We do not have set timescales for this support, it varies depending on family need. Our families tell us that it works for them. We are alongside families to help them to make changes themselves.

Families generally require support for debt, money management, parenting, child behaviour, domestic abuse, housing, organisation and underpinning mental health and wellbeing issues.

This year we provided support for 124 individuals (31 families).

“The Parenting Project has made a big difference, they are the only ones who have listened to me, who actually supported me and have been there for me. They actually got me.”

(Parent, 2024)

PARENT MENTORS

Our Parent Mentors are volunteers with varied backgrounds and careers who are passionate about providing encouragement and emotional support to parents and their families. They often provide support when families are stepping away from statutory, or other formal support. 1:1 Visits are made to the family home or a venue of their choice to provide a listening ear and emotional support. Our mentors often support parents to get out of the home and make connections within the community.

Our parents tell us that having someone to talk to is the most important aspect of having a mentor. This year our mentors supported 130 individuals (32 families).

“Unbiased, a listening ear non-judgemental support. Different from a friend because I don’t have to reciprocate.”

“Absolutely fantastic support. The support was invaluable at a very difficult time. I felt I gained confidence in myself, felt less lonely and more able to cope with the daily challenges.”

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

GROUP THERAPY FOR CHILDREN

This enables us to work with children in their setting in schools. Our group work helps children to develop social communication skills, which builds their confidence and self-esteem, emotional development and resilience. Our delivery style is always adapted to the needs of the children referred.

We deliver 2 types of groups – Friendship Groups and Lego© Based Therapy.

The children are identified either through direct school referrals or through a contract we hold with Warwickshire County Council to deliver support for their Mental Health in Schools (MHISC) programme.

This year we worked with 30 children identified within MHISC and 13 children identified by individual schools within our pathway areas. In addition, to form the groups, a further 116 children benefitted from the groups.

COUNSELLING

We offer 18 sessions of trauma-informed counselling to parents. Counselling, and in particular the therapeutic relationship, aims not to take the expert position but instead, listens non-judgmentally, conveys empathy and upholds respect for the client. Rather than tell the client what to do, it facilitates exploration so the client can arrive at their own choices, decisions and a sense of what is right for them. At its core is the Person Centred Approach.

This year we provided counselling for 166 parents. The vast majority of parents in counselling accessed the full offer of 18 sessions, which is optimum for addressing the effects of trauma.

“Therapy has been a much needed process, it’s made me realise how much I was struggling. It made me realise how much I was holding things in and that sometimes it overwhelms me and gets too much. I think I’m much better at seeing things from other people’s perspective rather than tunnel vision that my anxiety so easily steers me towards. I have accepted that others couldn’t get me out of my big black hole and then I found a way out myself.”

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

OUR IMPACT

We only do what we do if it has an impact on the families we serve. By listening to our beneficiaries we continually monitor and evaluate the impact of each of our services and the pathway as a whole.

Our data shows that 91% of our families showed a significant improvement in their mental health, ability to parent, child behaviour and the factors affecting their wellbeing such as debt, housing, domestic abuse, childhood trauma and relationships.

Data is only able to provide an indication of our impact. It is the stories of individuals which show our impact best.

CONCLUSION

In conclusion our priorities for the future are:

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

SAM'S STORY

Sam was referred for counselling by his GP for struggling with his mental health after being involved in a car accident a year ago. Sam is 37 years old, married and a father of 3. He shared during his assessment that he had been experiencing feelings of low mood, had felt himself withdrawing from his family and was angry at himself for “not having gotten over it by now”. Sam shared that he had difficulty sleeping, was experiencing flashbacks and had been isolating himself from friends and family.

Sam had no prior experience of counselling and felt it difficult to speak to his GP about how he had been feeling as he did not want to be “weak”. When asked what he hoped to get from counselling, he said he wanted to be able to process what happened to him and for it to have “less of a hold over him”. Sam wanted to be more present and a “better father” for his children.

Sam worked with his allocated counsellor for 16 weeks. Within the therapeutic relationship, built on trust, feeling safe and free from judgement, Sam was able to share experience in a space in which he felt heard and valued. Sam spoke of feelings of shame, anger and feeling powerless to move forward. Through this exploration, Sam was able to begin to connect with his experience, what he had been through, and make sense of his thoughts and emotions. By working through the feelings of shame and anger, Sam was able to be much more in touch with his vulnerability and made connections to relationships he experienced in his childhood.

By the end of counselling, Sam shared feeling less overwhelmed and consumed by his experience. Sam reported feeling more grounded and able to sleep. He showed an improved score on his final Core-34 assessment, which showed an improvement from 57 to 12.

Sam completed an evaluation form about his experience of counselling and shared “Counselling has allowed me to open up about things I wouldn’t talk to others about. It helped me to process and deal with my stress.”

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

TOM & SOPHIE'S STORY

Tom and his daughter Sophie (aged 14) were referred to us because they were struggling in various ways and, following the death of his wife, both were not able to come to terms with Mum’s death and found it difficult to engage with and trust support agencies.

The family live in an isolated village and have no family or friends to provide them with support.

The initial priority was to gain their trust. This was achieved by our Family Wellbeing Facilitator (FWF) making weekly visits to the home and school. Within a few weeks, both were engaging with our FWF as well as other professionals, including Sophie’s school.

Previously, Sophie was not engaging well at school, she lacked self-confidence and found it difficult to attend essential doctor and dentist appointments. She was clearly struggling with her mental health, which was affecting her ability to function and achieve a good level of wellbeing. She was also being bullied at school for her personal hygiene. The family didn’t have a washing machine and were washing their clothes by hand. Through our FWF they now have a washing machine.

Dad had neglected himself and the family home and was not dealing with his debts. Our FWF worked closely with Tom. She referred him for our counselling service and worked alongside Act on Energy to access a grant to help to clear his energy bill debts and set up a direct debit and a manageable payment plan. She also helped him to register with the Big Difference Scheme to help with his water bills. Now Tom has direct debits set up for his bills he is managing his finances much better.

Once Tom began to address his responsibilities one at a time, his confidence grew, this and the counselling sessions, have improved his mental health, so much so, he is returning to work for a few hours each week.

Sophie is now accessing doctor and dental appointments. Her mental health and school attendance is improving. This was helped by regular conversations with our FWF who made referrals to KOOTH (mental health support for young people), Lifespace for mentoring and Warwickshire Youth Pride. Sophie also now keeps diaries and journals to record her feelings.

Both are now moving forward with their lives.

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

OUR FUNDERS

Our pathway is fully funded by the charity of Thomas Oken & Nicholas Eyfler for Warwick Town and Stratford Town Trust funds the pathway for the families of Stratford Town. Other pathway services are funded individually.

National Lottery Community Fund Thomas Oken & Nicholas Eyffler Leamington Town Council Kenilworth Town Council Warwickshire County Councillors Grant Fund Warwick District Council Municipal Charities Stratford King Henry VIII Fund Warwick Town Council L&Q Placemakers Fund Talking TherapiesRobert Waley Cohen Charles Pragnell Stratford Town Trust Ministry of Justice Heart of England Graham Griffiths Patrick Trust ICB Innovation Fund HoE Coventry Building Society Rugby Benevolent Fund WCC Carers

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

FINANCIAL REVIEW

Financial overview

The charities income for the year amounted to £450,457 (2022-23: £420,890). This includes grants received totalling £404,485 (2022-23: £356,892). Other significant income receiving during the year included £24,710 from donations and £21,163 from contracts.

Total expenditure incurred during the year amounted to £362,360 (2022-23: £567,106). This included charitable activities expenditure totalling £352,869 (2022-23: £558,821) and support costs of £9,491 (2022-23 £8,285).

Significant expenditure on charitable activities includes staff costs of £269,130 (2022-23: £441,249), activities costs amounted to £53,233 (2022-23: £66,327), activities costs comprise the cost of associated counsellors as well as resources required in order to delivery our services. Rent & rates amounted to £11,794 (2022-23: £9,956).

When all financial activities are taken into account the charity made a surplus of £27,553 (202223: £80,308 deficit) within unrestricted funds. Unrestricted reserves brought forward amounted to £245, after taking into account this years surplus, unrestricted reserves increased to £27,798 as at 31st March 2024.

Restricted reserves as at 31st March 2024 amounted to £94,070 (2022-23: £60,544), this represented grants received in advance which will be fully spent within 2024-25. Restricted grants can only be expended in line with the conditions agreed in advance with funders.

Reserves policy

The trustees have reviewed the company's requirements for reserves and have made the decision to maintain the existing reserves policy which is to build unrestricted reserves equivalent to 6 months core expenditure. This is estimated to be in the region of £150,000 and would give the charity sufficient head room to protect against key financial risks. Key financial risks include the risk of not securing additional grant funding as well as the risk to cash flow in the event that a grant or contract is paid later than anticipated.

Unlike many charities we have been unable to achieve this level of reserves this year. However, our aim is to replenish our reserves in the medium to long term and this years surplus is evidence of those ambitions beginning to come to fruition.

Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements.

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

FINANCIAL REVIEW - continued

As with all charities that rely heavily on generous donations and grant funding, we are exposed to the risk of future grant applications being unsuccessful. However, the trustees and key management personnel are confident in that the operation plans in place will realise future incomings that ensure that the going concern status of the charity is reasonable.

Fundraising activities

The charity does not carry out significant fundraising activities.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Legal status

The Parenting Project is a Private Limited Liability Company, also known as an Unincorporated Association, which is registered with Companies House and The Charity Commission. The Parenting Project is governed by a Board of Trustees and supported by sub-committees if considered appropriate.

The Parenting Project governing documents are:

The Articles of Association specify that the board is comprised of not less than five, but not limited. New trustees are appointed by the board from a wide range of backgrounds to bring balance and expertise to the Parenting Project. The board consists of a chair, deputy chair and trustees who are responsible for its governance and strategy. The day to day management and operation of the Parenting Project is designated to the CEO.

Management and governance

The Parenting Project operates under the Good Governance Code for the voluntary and community sector. The code clarifies the roles and responsibilities of the trustees and provides guidance in ensuring effective decision-making and accountability. The code is not mandatory but the Parenting Project is making a clear statement about our commitment to high standards of governance by operating within the code.

The board meets formally at least four times a year and, in addition, hosts an Annual General Meeting to discuss publicly the previous year’s performance and look ahead to future priorities.

Key management remuneration

The board of directors, who are the trustees, and the senior management team comprise the key management personnel of the charity, in charge of directing and controlling, running and operating the charity on a day-to-day basis. All directors give their time freely and no director receives remuneration.

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees for the Year Ended 31 March 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT - continued

The pay of the senior management team is usually reviewed annually alongside the review of all members of the team and the usual process is to take into consideration pay levels in other charities of a similar size and type within the region.

Safeguarding children

We continue to set safeguarding as a priority for the Parenting Project. We have a clear structure of responsibility for keeping children safe with 4 fully trained Designated Safeguarding Leads who are responsible for all aspects of our Safeguarding Policy and Procedures.

Our Safeguarding Policy is thoroughly reviewed annually to bring it in line with the most recent government guidelines. The Parenting Project Safeguarding Policy is reviewed annually. The next review will be in April 2025.

We are confident in our ability to safeguard children and adhere to all legal requirements in this regard. In addition, and equally important, we continue to foster a strong safeguarding culture based on effective communication, inquiry, regular training inspiring confidence in our team and a focus on the wellbeing of children.

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Report of the Trustees

for the Year Ended 31 March 2024

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees (who are also the directors of The Parenting Project for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.

In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

Approved by order of the board of trustees on 9 September 2024 and signed on its behalf by:

Jane Williams - Chair of Trustees

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

Independent Examiner’s Report to the Trustees of The Parenting Project ('the Company') for the Year Ended 31 March 2024

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2024 which are set out on pages' 17 to 32.

Responsibilities and basis of report

As the charity trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). 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 examiner’s statement

Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Chartered Institute of Management Accountants (CIMA), which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1) accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

2) the accounts do not accord with those records; or

3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or

4) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).

I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Samantha Jackson Pearl Accountancy Services Limited 61 Bridge Street Kington HR5 3DJ

10 September 2024

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Statement of Financial Activities (Incorporating an Income and Expenditure Account)

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
Charitable activities
3
Investment income
4
Total
EXPENDITURE ON
Charitable activities
Charitable activities
6
Support costs
5
Total
Net income/-expenditure
Transfers between funds
Net movement in funds
15
RECONCILIATION OF FUNDS
Total funds brought forward
15
TOTAL FUNDS CARRIED FORWARD		 Un-
restricted
funds
£
24,710
84,913
99
109,722
72,984
9,185
82,169
27,553
-
27,553
245
27,798		 Restricted
funds
£
-
340,735
-
340,735
279,885
306
280,191
60,544
-
60,544
33,526
94,070		 2023-24
Total
funds
£
24,710
425,648
99
450,457
352,869
9,491
362,360
88,097
-
88,097
33,771
121,868		 2022-23
Total
funds
£
63,942
356,892
56
420,890
558,821
8,285
567,106
146,216
-
-
146,216
-
179,987
33,771

CONTINUING OPERATIONS

The statement of financial activities includes all gains and losses recognised during the year. All incoming resources and resources expended derive from continuing activities.

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Balance Sheet

Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
8
NET CURRENT ASSETS / - LIABILITIES
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
15
Unrestricted funds
Restricted funds		 Un-
restricted Restricted
funds
funds
£
£
2,000
-
11,524
-
27,656
94,070
39,180
94,070
13,382
-
25,798
94,070
27,798
94,070
27,798
94,070
27,798
-
-
94,070
27,798
94,070		 31.03.24
Total
funds
£
2,000
11,524
121,726
133,250
13,382
119,868
121,868
121,868
27,798
94,070
121,868		 31.03.23
Total
funds
£
2,985
11,594
40,437
52,031
21,245
30,786
33,771
33,771
245
33,526
33,771

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Responsibilities of directors/trustees:

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 9 September 2024 and were signed on its behalf by:

Jane Williams - Chair of Trustees

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Cash Flow Statement for the Year Ended 31 March 2024

Notes
Cash flows from operating activities
1
Cash generated from operations
Net cash provided by operating activities
Cash flows from investing activities
1
Purchase of tangible fixed assets
Interest received
Net cash provided by/-used in investing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning
of the reporting period
Cash and cash equivalents at the end
of the reporting period		 2023-24
£
81,190
81,190
-
99
99
81,289
40,437
121,726		 2022-23
£
148,256
-
148,256
-
678
-
56
622
-
148,878
-
189,315
40,437

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REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Notes to the Cash Flow Statement for the Year Ended 31 March 2024

1 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Interest received
Decrease /- increase in debtors
Increase /- decrease in creditors
Net cash provided /- used by operations		 2023-24
£
88,097
985
-
99
-
70
7,863
-
6,907
-
81,190		 2022-23
£
146,216
-
5,180
-
56
-
11,524
-
4,360
2,040
-
148,256
-

The notes form part of these financial statements

22

REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Notes to the Financial Statements for the Year Ended 31 March 2024

1 ACCOUNTING POLICIES

Status of the company

The charitable company is limited by guarantee and does not have share capital. The liability of members is limited to £1 per member. Any surplus on winding up is to be donated to a charity whose objects are of a similar nature.

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 ' The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then the income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

Income from grants, whether 'capital' grants or 'revenue' grants, is recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.

Income from trading activities includes income earned from fundraising events and trading activities. Income is received in exchange for supplying goods and services, in order to raise funds and is recognised when entitlement has occurred.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

23

REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Notes to the Financial Statements for the Year Ended 31 March 2024

1 ACCOUNTING POLICIES - continued

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to the category. Where costs cannot be directly attributed to a particular heading they have been allocated to activities on a basis consistent with the use of resources. Expenditure is classified under the following heading:

Expenditure on charitable activities comprise the direct costs of activities undertaken to further the purposes of the charity, including grants payable and all associated support costs.

Expenditure on raising funds comprise the costs of commercial trading.

Irrecoverable VAT is charged as a cost against the activity for which expenditure was incurred.

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative payroll costs. They are incurred directly in support of expenditure of the objects of the charity. Where support costs cannot be fully attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with the use of resources.

Tangible Fixed Assets

Depreciation is calculated so as to write off the cost of each asset, less its residual value, over its estimated useful economic life. The depreciation charge recognised each year relates to the class of the asset, the rates and classes are as follows:

Computer equipment - 33.3 % reducing balance

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

24

REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Notes to the Financial Statements for the Year Ended 31 March 2024

1 ACCOUNTING POLICIES - continued

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be estimated or measured reliably. Creditors and provisions are normally recognised at their settlement amounts after allowing for any trade discounts due.

Taxation

The Parenting Project meets the definition of charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charity for UK corporation tax purposes.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

TRUSTEES REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor the year ended 31 March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor the year ended 31 March 2023 except for the reimbursement of reasonable out of pocket expenses.

25

REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Notes to the Financial Statements for the Year Ended 31 March 2024

2 DONATIONS AND LEGACIES

----- Start of picture text -----
|||||| |---|---|---|---|---| |Unrestricted|Restricted|Total|Total| |Funds|Funds|2023-24|2022-23| |£|£|£|£| |Donations|24,710|-|24,710|63,942| |CHARITABLE ACTIVITIES| |Unrestricted|Restricted|Total|Total| |Funds|Funds|2023-24|2022-23| |£|£|£|£| |Grants|63,750|340,735|404,485|356,892| |Contracts|21,163|-|21,163|-| |84,913|340,735|425,648|356,892|

----- End of picture text -----

3 CHARITABLE ACTIVITIES

4 INVESTMENTS

----- Start of picture text -----
|||||| |---|---|---|---|---| |Unrestricted|Restricted|Total|Total| |Funds|Funds|2023-24|2022-23| |£|£|£|£| |Bank interest|99|-|99|56|

----- End of picture text -----

5 SUPPORT COSTS

----- Start of picture text -----
|||||| |---|---|---|---|---| |Unrestricted|Restricted|Total|Total| |Funds|Funds|2023-24|2022-23| |£|£|£|£| |-| |Consultancy|4,582|4,582|5,855| |Professional fees|2,203|306|2,509|-| |-| |Auditor / Independent examiners remuneration|2,400|2,400|2,430| |9,185|306|9,491|8,285|

----- End of picture text -----

26

REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Notes to the Financial Statements for the Year Ended 31 March 2024

6 CHARITABLE ACTIVITES EXPENDITURE

Unrestricted
Funds
£
Staff costs
39,083
Volunteer costs
-
Activities costs
8,995
Equipment & resources
257
Cleaning
-
Travel & subsistence
406
Staff training
70
Marketing, PR & publicity
5
Insurance
2,910
Printing, postage & stationery
70
Rent & rates
11,794
Telecoms
2,328
Depreciation
985
Computer and I.T costs
5,936
Bank charges
145
72,984		 Restricted
Funds
£
230,048
-
44,239
-
-
1,085
420
60
-
402
-
1,495
-
2,137
-
279,885		 Total
2023-24
£
269,130
-
53,233
257
-
1,492
490
65
2,910
472
11,794
3,823
985
8,072
145
352,869		 Total
2022-23
£
441,249
868
66,327
3,009
1,957
7,421
6,502
1,702
2,893
2,076
9,956
4,737
5,180
4,792
152
558,821

7 STAFF COSTS AND ASSOCIATED EXPENSES

Wages and salaries
Social security costs
Other pension costs
The average number of employees during the year was as follows:		 Total
2023-24
£
234,888
19,906
14,336
269,130
11		 Total
2022-23
£
397,549
23,853
19,847
441,249
19

No employee received emoluments in excess of £60,000

The key management personnel comprise the Trustees, the CEO and Development Manager. Trustees receive no remuneration or other benefits from the charity. The remuneration of key management personnel for the year, including pension contributions was £79,744 (2022/23: £82,136).

27

REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Notes to the Financial Statements for the Year Ended 31 March 2024

8 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Accruals
Social security and other taxes
Other creditors
Deferred income - advance fees
9
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Accrued income
Prepayments		 Total
2023-24
£
5,051
3,120
5,210
-
-
13,382
Total
2023-24
£
7,755
2,500
1,269
11,524		 Total
2022-23
£
3,762
4,860
7,110
1,763
3,750
21,245
Total
2022-23
£
9,320
-
2,274
11,594

10 TANGIBLE FIXED ASSETS

Cost
At 1st April 2023
Additions
Disposals
At 31 March 2024
Depreciation
At 1st April 2023
Disposals
Charge for the year
At 31 March 2024
Net Book Value
At 31 March 2024
At 31 March 2023		 Computer
equipment
£
15,540
-
-
15,540
12,555
-
985
13,540
2,000
2,985		 Total
£
15,540
-
-
15,540
12,555
-
985
13,540
2,000
2,985

28

REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Notes to the Financial Statements for the Year Ended 31 March 2024

11 CONTROLLING INTEREST

The Charity is controlled by its Trustees.

12 COMMITMENTS

The total future minimum lease payments under non-cancellable operating leases are as follows:

Expiring:
Within one year
Between two and five years
In more than five years
ANALYSIS OF NET ASSETS BETWEEN FUNDS		 Total
2023-24
£
733
-
-
733		 Total
2022-23
£
733
-
-
733
-

13 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted
Funds
£
Fixed assets
2,000
Current assets
39,180
Current liabilities
13,382
-
Total funds
27,798		 Restricted
Funds
£
-
94,070
-
94,070		 Total
2023-24
£
2,000
133,250
13,382
-
121,868		 Total
2022-23
£
2,985
52,031
21,245
-
33,771

14 RELATED PARTY DISCLOSURES

There were no transactions with related parties in this reporting period.

29

REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Notes to the Financial Statements

for the Year Ended 31 March 2024

15 MOVEMENT IN FUNDS

Balance at
beginning
of year
£
UNRESTRICTED FUNDS
General funds
General Funds
245
Total Unrestricted funds
245
RESTRICTED FUNDS
BarFamily Wellbeing Programme
3,010
SMParent Wellbeing Programme
-
SMMental Heath Programme
11,944
WCC Dad's Matter Programme
18,572
Total Restricted funds
33,526
TOTAL FUNDS
33,771		 Income
£
109,722
109,722
118,943
4,000
217,792
-
340,735
450,457		 Exp-
enditure
£
82,169
82,169
98,061
2,800
160,758
18,572
280,191
362,360		 Transfers
between
funds
£
-
-
-
-
-
-
-
-		 Balance
at end of
year
£
27,798
27,798
23,892
1,200
68,978
-
94,070
121,868

The purpose of each fund is summarised on the next page.

30

REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Notes to the Financial Statements for the Year Ended 31 March 2024

15 MOVEMENT IN FUNDS

General funds - are accumulated unrestricted funds available for general purposes and include funds designated for a particular purpose, the use of such funds remains at the discretion of the trustees.

Family Wellbeing Programme - The programme offers tailored support with an allocated a qualified and experienced Family Wellbeing Facilitator, who works with the whole family. It is for families who are experiencing a range of difficulties, including family breakdown, school nonattendance, difficulty accessing services, poverty, domestic abuse and poor mental health. The facilitator works with the family until identified changes are achieved and the family is making good progress.

Parent Wellbeing Programme - This is for parents who are struggling with their role as a parent and would benefit from emotional and/or practical support from a Parent Mentor volunteer. The Parent Mentor spends time with the family on a weekly basis for up to 2 hours. Parents decide on the type of support they want and for how long in order to make progress as a parent and an individual. The goal of the Parent Mentoring Programme is to facilitate an outcome of confidence, wellbeing and independence for the parent.

Mental Health Programme - Counselling helps parents to achieve a sense of agency which is essential for them to feel in control of their lives and to believe in their capacity to influence their own thoughts and behaviour and build confidence in their ability to handle a wide range of tasks and situations, including being a parent. Parents will access up to 18 sessions with a trauma informed, person centred Counsellor.

Dads Matter Programme - This was a Co-production proof of concept between Home Start, Barnardos By your Side and The Parenting Project. Dad Matters Warwickshire exists to support dads to have the best possible relationship with their families. They work closely with other professionals within South Warwickshire and nationally to better support dads in the first 1001 days of their parenting journey.

31

REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Notes to the Financial Statements for the Year Ended 31 March 2024

16 COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Charitable activities
Investment income
Total
EXPENDITURE ON
Charitable activities
Charitable activities
Support costs
Total
Net income/-expenditure
Transfers between funds
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Un-
restricted
funds
£
6,442
-
56
6,498
72,791
8,285
81,076
74,578
-
5,730
-
80,308
-
80,553
245		 Restricted
funds
£
57,500
356,892
-
414,392
486,030
-
486,030
71,638
-
5,730
65,908
-
99,434
33,526		 2022-23
Total
funds
£
63,942
356,892
56
420,890
558,821
8,285
567,106
146,216
-
-
146,216
-
179,987
33,771		 2021-22
Total
funds
£
54,560
378,380
6
432,946
409,330
7,134
416,464
16,482
-
16,482
163,505
179,987

32

REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Notes to the Financial Statements for the Year Ended 31 March 2024

17 COMPARATIVE BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2023

FIXED ASSETS
Tangible assets
CURRENT ASSETS
Debtors
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
NET CURRENT ASSETS / - LIABILITIES
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
Unrestricted funds
Restricted funds		 Un-
restricted Restricted
funds
funds
£
£
2,985
-
-
11,594
10,993
29,444
10,993
41,038
13,733
7,512
2,740
-
33,526
245
33,526
245
33,526
245
-
-
33,526
245
33,526		 2022-23
Total
funds
£
2,985
11,594
40,437
52,031
21,245
30,786
33,771
33,771
245
33,526
33,771		 2021-22
Total
funds
£
7,487
70
189,315
189,385
16,885
172,500
179,987
179,987
80,553
99,434
179,987

33

REGISTERED COMPANY NUMBER: 06032858 REGISTERED CHARITY NUMBER: 1125291

The Parenting Project

Notes to the Financial Statements for the Year Ended 31 March 2024

18 COMPARATIVE MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 MARCH 2023

Balance at
beginning
of year
£
UNRESTRICTED FUNDS
General funds
General Funds
80,553
Total Unrestricted funds
80,553
RESTRICTED FUNDS
Family Wellbeing Programme
15,993
Parent Wellbeing Programme
724
Mental Heath Programme
30,779
WCC Dad's Matter Programme
39,438
Trading Arm Development
12,500
Total Restricted funds
99,434
TOTAL FUNDS
179,987		 Income
£
6,498
6,498
79,282
23,400
299,710
-
12,000
414,392
420,890		 Exp-
enditure
£
81,076
-
81,076
-
84,054
-
24,124
-
334,800
-
18,552
-
24,500
-
486,030
-
567,106
-		 Transfers
between
funds
£
5,730
-
5,730
-
8,211
-
-
16,255
2,314
-
-
5,730
-		 Balance
at end of
year
£
245
245
3,010
-
11,944
18,572
-
33,526
33,771

34