COMPANY REGISTRATION NUMBER: 06674059 CHARITY REGISTRATION NUMBER: 1127760
Families Together Suffolk Company Limited by Guarantee Unaudited financial statements 31 March 2022
Families Together Suffolk
Company Limited by Guarantee
Financial statements
Year ended 31 March 2022
To
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| Page | |
|---|---|
| Trustees' annual report (incorporating the directors’ report) | 1 |
| Independent examiner's report to the trustees | 9 |
| Statement offinancial activities (including income and expenditure account) | 10 |
| Balance sheet | 11 |
| Statement ofcash flows | 4 |
| Notestothefinancialstatements | 13 |
Families Together Suffolk
Company Limited by Guarantee
Trustees’ annual report (incorporating the directors’ report)
Year ended 31 March 2022
eS The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2022. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Companies Act 2006 and 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 published in October 2019.
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Families Together Suffolk
Company Limited by Guarantee
Trustees’ annual report (incorporating the directors’ report) (continuea)
Year ended 31 March 2022 Sane
Chair's report
‘Change is the building block for the future’
At the start of our new year we made a fresh start and new beginnings as we initiated the process to transform from a local Home-Start into an independent charity. This lays a foundation for our future needs, development and growth to ensure we can continue to provide a quality service for families, meeting parents needs and supporting children's development through home-visiting, groups and workshops. Responding to the needs of families in Suffolk we continue to operate as a family support charity under our new name of Families Together Suffolk with an increased freedom to develop and increase our sustainability. Supporting 952 families by the end of this year, we have achieved a great piece of work, a 'Magum opus,' a record number of families supported. We have focused on identified areas of need in the county including Special Educational Needs and Disability (SEND), speech and language development, school readiness, mental health and perinatal mental health.
With our new branding we are in the process of developing new areas of work and change.
The trustees are very proud to be part of Families Together Suffolk, the work and change formation. This year we have welcomed new trustees onto the board who will help steer the direction of work with our senior management team, staff and volunteers.
Next year we will be our 40th year of supporting families in Suffolk and we will be celebrating the impact of the work and support to families through a variety of different events where we can reflect on and be proud of where we are today.
‘Rainbows take a long time forming but are beautiful and never forgotten’
At group sessions many parents are enabled and encouraged to have a ‘Chill, Chat and Play' with their children, volunteers and staff, which makes a welcoming and comfortable group.
Parents have valued the support and encouragement given by staff and volunteers through face to face home visiting and, when necessary, still providing open communication online.
What parents have said:
‘We have such good times. We will always remember you and how hard you work to make the group so welcoming,’
‘| cannot say how refreshing it was to get to talk to other mums.’ ‘It is a safe place to talk to other like-minded people without being judged’
‘It's invaluable for your mental health’
‘Lots of craft ideas to do at home'
‘Expanded our bond'
‘Someone who gets it when life so complicated, it's good to have someone who feels like they are on your side.’
‘| have fully utilised all the services available from Families Together Suffolk and would encourage others where possible to do so’.
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Families Together Suffolk
Company Limited by Guarantee Trustees’ annual report (incorporating the directors’ report) (continued)
Year ended 31 March 2022
eee
Our dedicated team of 99 volunteers help with home-visiting, group support, retail and make up the board of trustees. Our committed retail staff and volunteers have enabled us to generate income through our shop and e-Bay hub. The e-Bay hub has moved to new and expanded premises. During the year we have also increased our team of family support staff to ensure we can meet the needs in the area.
It is hard to estimate how many dedicated hours volunteers give on a weekly or yearly basis but it far exceeds expectations. Staff and trustees too give their time and effort to the ultimate goal of seeing families succeed. At Families Together Suffolk we are very grateful for this and it is this dedication that remains at the heart of what we do. Thank you to all connected with Families Together Suffolk, you are a great team of dedicated people | am proud to work with.
Carol Read
Chair of Trustees
Families Together Suffolk
Reference and administrative details
| Registered charity name | Families Together Suffolk |
|---|---|
| Charity registration number | 1127760 |
| Company registration number | 06674059 |
| Principal office and registered | 20 Broad Street |
| office | Eye |
| Suffolk | |
| IP237AF |
The trustees
The trustees who served during the year and at the date of approval were as follows:
C Read (Chair) S Hudson (Appointed 25/07/2022) H Jackson (Appointed 17/01/2022) C Lay (Appointed 17/01/2022) K Sansom C Such G Tryon
Independent examiner
L Thurston FCCA Lovewell Blake LLP Chartered accountants First Floor Suite 2 Hillside Business Park Bury St Edmunds IP32 7EA
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Families Together Suffolk
Company Limited by Guarantee
Trustees’ annual report (incorporating the directors’ report) (continuea)
Year ended 31 March 2022
Objectives and activities
The objectives and activities of the charity are included in the Chair's report above.
The charity acknowledges its requirement to clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. The trustees confirm that they have paid due regards to the Charity
Commission guidance on public benefit before deciding what activities the charity should undertake.
Achievements and performance
The achievements and performance of the charity have been included in the Chair's report and within the detail as described in the financial review.
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Families Together Suffolk Company Limited by Guarantee Trustees’ annual report (incorporating the directors' report) (continued) Year ended 31 March 2022 Cee
Financial review
During 2021-22 we moved further out of the pandemic and to lessening restrictions however Covid-19 is still with us and is an ever-developing situation affecting all individuals and businesses in the country. Our tailored support services have been in demand and we have sought increased funding to meet this achieving an increase of 21% funding compared to the previous year from grant/ contract income and charity retail. We sought and recruited new staff in the year to provide additional support services in Suffolk.
The strategy to become a charity independent of the Home-Start network will produce a cost saving of nearly £12,000 next year and at least this in every subsequent year. Funders agreed to continue to work with us due to the high quality and impact of the services provided for beneficiaries. We have developed our new branding with the services of Brics CIC and this will be an investment for the coming years. Our own insurance and other services have been brokered to remain at the same level as before. It is therefore expected that this move will help improve the sustainability of our family support services to residents of Suffolk.
Another cost, as well as time, saving measure has been the move to mostly home-based working with a central office available to staff, volunteers and trustees when needed. During 2022-23 we will improve the facilities available at the office to promote a collaborative working environment and availability for meetings or training.
Our retail operation, combining our charity shop in Eye and our eBay Hub in Stowmarket, has been hugely successful in generating unrestricted income for the charity services through sales and from the Retail Gift Aid scheme provided by HMRC to receive additional donations on those items gift aided from donors who pay UK tax. Volunteers and staff have worked hard to capture the additional gift aid in both locations resulting in an additional £14,000 being available to claim in the last two years.
As we continue our long-term strategy to apply for funds that span multiple years we have grown the number of these during the year to ten. As a couple of these funds come to a successful close during this next year our dedicated funding team have submitted applications to funders who share the objectives of Families Together Suffolk to secure funding for current and new projects to meet the needs in our area. We work closely with our partners to develop and provide the services that are needed in the county.
In the coming year of 2022-23 we will celebrate reaching a milestone of 40 years working in Suffolk for which we plan to increase our profile in the area and join/ facilitate a number of events including our very own sponsored Toddler Trek. We will be utilising our new donation platforms of CAF Donate and Just Giving to raise funds towards our relaunched Pennies for Play campaign.
We are aware and are preparing for an increase in energy costs, a decrease in available services and hardship being created in our society by many factors. These will affect us, our funders and the people we support. We hope that through our groups and work in the community we can keep families connected to each other and draw on shared resources to meet the challenges ahead.
We will continue to seek hardship funds to directly pass onto families in need. We have received and distributed £42,150 since August 2020 with £18,650 of that being received this last year. Funds received have largely been through Suffolk Community Foundation Hardship Fund with other donations from 500 Suffolk Reasons and the Glasspool Charity.
We are grateful to our funders, fundraisers, partners and donors who have supported the ongoing work of Families Together Suffolk and helped families to meet challenges and achieve their goals. The impact of the funding received can makea lifelong effect in a child and parents' lives and we thank you for it.
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Families Together Suffolk
Company Limited by Guarantee
Trustees’ annual report (incorporating the directors’ report) (continued)
Year ended 31 March 2022
eee
Financial review (continued)
Reserves policy
Our reserves policy is to maintain a minimum of three months and up to a maximum of six months running costs along with redundancies held in reserves. Currently this would amount to a minimum level of £154,277. We are pleased to report unrestricted reserves have been increased to almost reach the minimum level and currently stand at £152,996 (2021: £113,611). The trustees believe this amount to be prudent given the current economic climate and recent expansion of the charity. The trustees endeavour to further increase reserves to the minimum level during the course of the coming year.
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Families Together Suffolk Company Limited by Guarantee Trustees’ annual report (incorporating the directors’ report) (continue) Year ended 31 March 2022 neicese ee
Structure, governance and management
The charity is a company limited by guarantee, registered in England and Wales. The charity was incorporated on 15 August 2008. The trustees are responsible for making decision on all matters of general concern and importance, including deciding on how the funds are to be spent. All charity information and registered numbers can be found on the legal and administrative information page, along with the trustees, who are also the directors for the purpose of company law, and who served during the period.
None of the trustees have a beneficial interest in the company, and all of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
On the 10 May 2022 a special written resolution to change the name of the company from Home-Start Mid & West Suffolk to Families Together Suffolk was agreed and passed by Trustees with the Memorandum and Articles of Association updated on the 1 July 2022.
For the last 40 years, Home-Start Mid & West Suffolk have been affiliated with the national charity HomeStart UK, but after a great deal of discussion between the Trustees and the Management Team, the board decided to become independent of Home-Start UK, accordingly the name of the charity was updated as the Trustees felt ‘Families Together Suffolk’ better reflected the type of work undertaken and the area supported by the charity.
At Families Together Suffolk, our team of trustees, together with the support of staff and volunteers, are committed to our ongoing work to support parents and their children. We will continue to diversify to meet the needs of children and families in Suffolk now and in the future, whilst still providing the invaluable, reliable support that we are known for.
Recruitment and appointment of trustees
New trustees are appointed from a recruitment and selection process to enhance the skills and experience of the board as a whole. Once appointed, trustees are provided with all the information required to assist them in performing their role as trustees covering all aspects of the organisation.
Trustee induction and training
Following an induction by the charity, Families Together Suffolk provides trustees with training regarding the responsibilities of being a charity trustee. If trustees request or require further input then the charity would arrange for them to attend external training as appropriate. All trustees undertake safeguarding training.
Risk assessment
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. This work has identified the loss of personnel as a major risk which is addressed through succession planning.
Independent examiner reappointment
A resolution to appoint L Thurston FCCA of Lovewell Blake LLP as independent examiner will be proposed at the next relevant board meeting.
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Families Together Suffolk
Company Limited by Guarantee
Trustees’ annual report (incorporating the directors’ report) (continued)
Year ended 31 March 2022
Plans for future periods
Our aim is to continue to help children and their families in Mid & West Suffolk and surrounding areas. By increasing our income we can meet the growing level of need in the areas and reach more families.
Small company provisions
.
This report has been prepared taking advantage of the small companies' exemption of section 415A of the Companies Act 2006.
The trustees’ annual report was approved on BT 9/3022. and signed on behalf of the board of trustees by:
C Read
Chair
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;
Families Together Suffolk
Company Limited by Guarantee
Independent examiner's report to the trustees of Families Together Suffolk
Year ended 31 March 2022
| report to the charity trustees on my examination of the financial statements of the company for the year ended 31 March 2022 which comprise the statement of financial activities (including income and expenditure account), balance sheet, statement of cash flows and the related notes.
Responsibilities and basis of report
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the financial statements of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your company's financial statements as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the 20114 Act.
Independent examiner's statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. | confirm that | am qualified to undertake the examination because | am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements 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
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the financial statements 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 (FRS 102).
1 have no concerns and have come across no other 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. L ThurstonLTFCCAhus 3/9/ae Independent Examiner
Lovewell Blake LLP Chartered accountants First Floor Suite 2 Hillside Business Park Bury St Edmunds IP32 7EA
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Families Together Suffolk
Company Limited by Guarantee
Statement of financial activities (including income and expenditure account)
Year ended 31 March 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Totalfunds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 58,480 | 483,539 | 542,019 | 499,329 |
| Other trading activities | 122,649 | 350 | 122,999 | 47,977 | |
| Investment income | 26 | ~ | 26 | 182 | |
| Total income | 181,155 | 483,889 | 665,044 | 547,488 | |
| Expenditure | |||||
| Raising funds | |||||
| Costs of raising donations and | |||||
| legacies | 6 | 84 | - | 84 | 145 |
| Charitable activities | 7 | 150,634 | 466,391 | 617,025 | 444,879 |
| Total expenditure | 150,718 | 466,391 | 617,109 | 445,024 | |
| Net income and net movement in funds | 30,437 | 17,498 | 47,935 | 102,464 | |
| Reconciliation offunds | |||||
| Total funds broughtforward | 122,559 | 99,829 | 222,388 | 119,924 | |
| Totalfundscarriedforward | 152,996 | 117327 | 270,323 | 222,388 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 13 to 22 form part of these financial statements.
10x
Families Together Suffolk Company Limited by Guarantee Balance sheet
31 March 2022
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|2022|2021|
|Note|£|£|£|£|
|Fixed|assets|
|Tangible|fixed|assets|11|1,401|9,071|
|Current|assets|
|Debtors|12|14,793|3,615|
|Cash|at bank|and|in|hand|262,669|216,725|
|277,462|220,340|
|Creditors:|Amounts|falling|due|within|:|
|one|year|13|(8,540)|(7,023)|
|Net|current|assets|268,922|213,317|
|Total|assets|less|current|liabilities|270,323|222,388|
|Net|assets|270,323|222,388|
|Funds|of the|charity|
|Restricted|funds|117,327|99,829|
|Unrestricted|funds|152,996|122,559|
|Total|charity funds|15|270,323|222,388|
----- End of picture text -----
For the year ending 31 March 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors’ responsibilities:
-
° The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
© The directors acknowledge their responsibilities for complying with the 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 provisions applicable to companies subject to the small companies' regime.
These , financial statements were approved by the board of trustees and authorised for issue on RAL 2.022and are signed on behalf of the board by:
:
C Read Chair
,
Company registration number: 06674059
The notes on pages 13 to 22 form part of these financial statements.
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Families Together Suffolk
Company Limited by Guarantee
Statement of cash flows
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|Year|ended|31|March|2022|
|aeea|a|a|
|2022|2021|
|£|£|
|Cash|flows|from|operating|activities|
|Net|income|47,935|102,464|
|Adjustments|for:|
|Depreciation|of tangible|fixed|assets|7,670|15,988|
|Other|interest|receivable|and|similar|income|(26)|(182)|
|Accrued|(income)/expenses|(66)|6,685|
|Changes|in:|
|Trade|and|other|debtors|(11,178)|(1,115)|
|Trade|and|other|creditors|1,583|(1,562)|
|Cash|generated|from|operations|45,918|122,278|
|Interest|received|26|182|
|Net|cash|from|operating|activities|45,944|122,460|
|Cash|flows|from|investing|activities|
|Purchase|of tangible|assets|-|(4,166)|
|Net|cash|used|in|investing|activities|-|(4,166)|
|Net|increase|in|cash|and|cash|equivalents|45,944|118,294|
|Cash|and|cash|equivalents|at|beginning|of year|216,725|98,431|
|Cash|and|cash|equivalents|at|end|of year|262,669|216,725|
----- End of picture text -----
The notes on pages 13 to 22 form part of these financial statements.
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Families Together Suffolk Company Limited by Guarantee
Notes to the financial statements
Year ended 31 March 2022
eee
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 20 Broad Street, Eye, Suffolk, IP23 7AF.
- Statement of compliance
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.
- Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The accounts 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. The budgeted income and expenditure is sufficient for the charity to be able to continue as a going concern.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds, where necessary are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Income
All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: * income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
2 AZin
Families Together Suffolk Company Limited by Guarantee Notes to the financial statements (continuea)
Year ended 31 March 2022
- Accounting policies (continued)
Income (continued)
-
income from donated goods is measured at the fair value of the goods unless this is impracticle to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliabily measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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° expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
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e expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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° other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Computer equipment, plant and_ - 33% straight line machinery Charity shop equipment - 33% straight line
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Families Together Suffolk Company Limited by Guarantee Notes to the financial statements (continueg)
Year ended 31 March 2022 S e nne ce cc a e
- Accounting policies (continued)
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or paable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
- Limited by guarantee
The charity is a company limited by guarantee and does not have share capital. Every member of the charity undertakes to contribute such amounts (not exceeding £1) as may be required in the event of a winding up.
- Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 2,286 | 230 | 2,516 |
| Gift aid tax recoverable | TAA ES | - | 11,178 |
| Grants | |||
| Grants | 45,016 | 483,309 | 528,325 |
| 58,480 | 483,539 | 542,019 | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| 3 | £ | £ | |
| Donations | |||
| Donations | 6,090 | - | 6,090 |
| Gift aid tax recoverable | 4,895 | - | 4,895 |
| Grants | |||
| Grants | 163,435 | 324,909 | 488,344 |
| 174,420 | 324,909 | 499,329 |
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Families Together Suffolk
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 31 March 2022
5. Donations and legacies (continued)
| Grants | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | |||
| Funds | Funds | Total 2022 | 2021 | |
| £ | £ | £ | £ | |
| 500 Suffolk Reasons | - | 500 | 500 | - |
| Awards for All | - | 9,964 | 9,964 | - |
| BBC Children In Need | - | 9,960 | 9,960 | 39,589 |
| Childwick Trust | - | - | - | 8,000 |
| Glasspool Charity Trust | - | 1,000 | 1,000 | - |
| Haverhill Town Council | - | 4,000 | 4,000 | = |
| HMRC CJRS Scheme | 4,349 | - | 4,349 | 33,459 |
| Home-Start UK | _ | 5,316 | 5,316 | 29,660 |
| Mid Suffolk District Council | 10,667 | 45,133 | 55,800 | 65,765 |
| National Lottery Community Fund | _ | - | - | 133,372 |
| Nationwide Building Society | — | 31,673 | 31,673 | - |
| NHS Ipswich and East Suffolk CCG | — | 43,326 | 43,326 | ~ |
| NHS West Suffolk CCG | _ | 42,697 | 42,697 | 35,913 |
| People's Postcode Lottery | - | 14,931 | 14,931 | - |
| RAF Honington | _ | 3,780 | 3,780 | 420 |
| Reaching Communities England | - | 84,009 | 84,009 | - |
| Stowmarket Town Council | — | 394 | 394 | - |
| SuffolkArmed Forces Legacy Grant | _ | - | - | 2,000 |
| Suffolk Community Foundation (SCF): | 57,430 | |||
| SCF - Anglia water | - | 4,974 | 4,974 | |
| SCF - Cervical Awareness | — | 3,010 | 3,010 | |
| SCF - Community Foundation | - | 2,500 | 2,500 | |
| SCF - Coronavirus Grant | _ | 4,992 | 4,992 | |
| SCF - Frank Jackson Foundation | — | 4,876 | 4,876 | |
| SCF - Growing Minds | - | 53,360 | 53,360 | |
| SCF - Hardship Fund | - | 15,000 | 15,000 | |
| SCF - Martinueau Fund | _ | 1,967 | 1,967 | |
| SCF - Mens Mental Health | ~— | 2,692 | 2,692 | |
| SCF -Woman and Girls | _ | 1,000 | 1,000 | |
| Suffolk County Council | - | 2,000 | 2,000 | 2,000 |
| Suffolk Police and Crime Commissioner | - | 7,500 | 7,500 | 5,000 |
| The Armed Forces Covenant Fund | - | 40,745 | 40,745 | 27,806 |
| The FourAcre Trust | - | - | - | 14,930 |
| The Henry Smith Charity | 30,000 | - | 30,000 | 15,000 |
| The Kerrison Trust | - | _ | _ | 4,000 |
| Trusthouse Charitable Foundation | - | 30,000 | 30,000 | - |
| West Suffolk District Council | - | 12,010 | 12,010 | 14,000 |
| 45,016 | 483,309 | 528,325 | 488,344 |
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Families Together Suffolk
Company Limited by Guarantee
Notes to the financial statements (continuea)
Year ended 31 March 2022
“=n
6. Costs of raising donations and legacies
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| Advertising | and publicity | - | ~ | ~ |
| Fundraising | costs | 84 | - | 84 |
| 84 | - | 84 | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| £ | = | £ | ||
| Advertising | and publicity | 48 | 75 | 123 |
| Fundraising | costs | 22 | = | 22 |
| 70 | 75 | 145 |
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Families Together Suffolk
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 31 March 2022
7. Expenditure on charitable activities
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Total|Funds|
|Funds|Funds|2022|
|£|£|£|
|Third|party|projects|-|23,924|23,924|
|Charity|shop|costs|56,924|700|57,624|
|Office|costs|11,796|15,104|26,900|
|Staff and|salary|related|costs|48,414|418,365|466,779|
|Support|costs|33,500|8,298|41,798|
|150,634|466,391|617,025|
|Unrestricted|Restricted|Total|Funds|
|Funds|Funds|2021|
|£|£|£|
|Third|party|projects|-|17,803|17,803|
|Charity|shop|costs|33,495|26,987|60,482|
|Office|costs|16,279|1,455|17,734|
|Staff and|salary|related|costs|112,741|206,416|319,157|
|Support|costs|14,898|14,805|29,703|
|177,413|267,466|444,879|
|Support|costs|
|Unrestricted|Restricted|TotalFunds|Total|Funds|
|Funds|Funds|2022|2021|
|£|£|£|£|
|Trustees'|expenses|298|-|298|125|
|Home-Start|fee|9,505|-|9,505|5,259|
|Independent|examiners|fees|1,464|-|1,464|1,170|
|Equipment|costs|2,041|6,175|8,216|5,867|
|License|and|subscriptions|4,014|1,909|5,923|5,747|
|Legal|and|professional|fees|1,959|-|1,959|775|
|Advertising|4,286|-|4,286|-|
|Printing,|postage|and|stationery|2,823|214|3,037|3,325|
|Telephone|costs|6,184|-|6,184|5,976|
|Website|costs|926|-|926|1,459|
|33,500|8,298|41,798|29,703|
|8.|Net|income|
|Net|income|is|stated|after|charging/(crediting):|
|2022|2021|
|3|£|
|Depreciation|of tangible|fixed|assets|7,670|15,988|
----- End of picture text -----
=f8<
Families Together Suffolk
Company Limited by Guarantee
Notes to the financial statements (continuea)
Year ended 31 March 2022
is
9. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Wages, salaries and otheremployee costs | 422,312 | 278,355 |
| Social security costs | 24,860 | 15,517 |
| Pension costs | 19,607 | 13:722 |
| 466,779 | 307,594 |
The key management personnel of the charity comprise the Trustees, Operations Manager and Business Manager. The total employee benefits (Including employer national insurance and employer pension contributions) of the key management personnel of the charity were £76,666 (2021: £71 904),
The average head count of employees during the year was 21 (2021: 16).
No employee received employee benefits of more than £60,000 during the year (2021: Nil).
10. Trustee remuneration and expenses
The trustees were neither entitled to, nor received, any remuneration from the charity (2021: Nil). Trustee were reimbursed expenses amounting to £298 (2021: £125) during the year.
11. Tangible fixed assets
| Computer | ||||
|---|---|---|---|---|
| equipment, | ||||
| plantand | Charity shop | |||
| machinery | equipment | Total | ||
| £ | £ | £ | ||
| Cost | ||||
| At 1 April 2021 and 31 March 2022 | 7,406 | 43,587 | 50,993 | |
| Depreciation | ||||
| At 1 April 2021 | 3,513 | 38,409 | 41,922 | |
| Charge for the year | 2,492 | 5,178 | 7,670 | |
| At 31 March 2022 | 6,005 | 43,587 | 49,592 | |
| Carrying amount | ||||
| At 31 March 2022 | 1,401 | = | 1,401 | |
| At 31 March 2021 | 3,893 | 5,178 | 9,071 | |
| 12. | Debtors | |||
| 2022 | 2021 | |||
| £ | £ | |||
| Giftaidtaxdebtor | 14,793 | 3,615 |
=4Ric
Families Together Suffolk
Company Limited by Guarantee
Notes to the financial statements (continuea)
Year ended 31 March 2022
13. Creditors: Amounts falling due within one year
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income | 1,104 | 1,170 |
| Social security and other taxes | 7,352 | 5,753 |
| Other creditors | 84 | 100 |
| 8,540 | 7,023 |
14. Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £19,607 (2021: £13,722).
=20'<
Families Together Suffolk
Company Limited by Guarantee Notes to the financial statements (continued)
Year ended 31 March 2022
paa ee 15. Analysis of charitable funds
| 2022 | ||||||
|---|---|---|---|---|---|---|
| Restricted funds | ||||||
| At 1 April | At 31 March | |||||
| 2021 | Income | Expenditure | Transfers | 2022 | ||
| £ | £ | £ | £ | £ | ||
| Family Group Fund | - | 4,992 | (4,992) | — | ~ | |
| Birth and Beyond | 93,308 | 460,247 | (439,731) | - | 113,824 | |
| Hardship Fund | 6,521 | 18,650 | (21,668) | - | 3,503 | |
| 99,829 | 483,889 | (466,391) | aa | 117,327 | ||
| Unrestricted funds | ||||||
| At 1 April | At 31 March | |||||
| 2021 | Income | Expenditure | Transfers | 2022 | ||
| £ | £ | £ | £ | £ | ||
| General Fund | 122,559 | 181,155 | (150,718) | - | 152,996 | |
| 2021 | ||||||
| Restricted funds | ||||||
| At 1 April | At 31 March | |||||
| 2020 | Income | Expenditure | Transfers | 2021 | ||
| Family Group Fund | 13 (6,177) |
£ 31,208 |
£ (25,031) |
£ | - | £ - |
| Birth and Beyond Hardship Fund |
48,234 - |
288,239 28,154 |
(243,165) (21,633) |
- = |
93,308 6,521 |
|
| 42,057 | 347,601 | (289,829) | — | 99,829 | ||
| Unrestricted funds | ||||||
| At 1 April | At 31 March | |||||
| 2020 | Income | Expenditure | Transfers | 2021 | ||
| £ | £ | £ | £ | £ | ||
| GeneralFund | 77,867 | 199,887 | (155,195) | - | 122,559 |
Family Group Fund - Represents amounts received and set aside as dictated by the fund provider towards specific costs and projects in order to further the aims and objectives of the charity, this fund was completed as at 31 March 2022, with future similar projects included within the Birth and Beyond restricted fund.
Birth and Beyond - Represents amounts received and set aside as dictated by various fund providers, mainly from Suffolk Community Foundation Hardship Fund, Glasspool and 500 Suffolk Reasons, towards the core costs and primary projects of the charity.
Hardship Fund - Represents amounts received from the Suffolk Community Foundation to grant directly to families experiencing hardship due to the pandemic.
=974 «
Families Together Suffolk
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 31 March 2022
| 16. | Analysis of net assets between funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| E | e | £ | ||
| Tangible fixed assets | 1,401 | - | 1,401 | |
| Current assets | 160,135 | 117,327 | 277,462 | |
| Creditors less than 1 year | (8,540) | - | (8,540) | |
| Net assets | 152,996 | 117,327 | 270,323 | |
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| £ | £ | £ | ||
| Tangible fixed assets | 9,071 | - | 9,071 | |
| Current assets | 120,511 | 99,829 | 220,340 | |
| Creditors less than 1 year | (7,023) | - | (7,023) | |
| Net assets | 122,559 | 99,829 | 222 388 | |
| 17. | Analysis ofchanges in net debt | |||
| At | ||||
| At1 Apr 2021 | Cashflows | 31 Mar 2022 | ||
| £ | z | £ | ||
| Cash at bank and in hand | 216,725 | 45,944 | 262,669 | |
| 18. | Operating lease commitments | |||
| The total future minimum lease payments under | non-cancellable operating leases are as | follows: | ||
| 2022 | 2021 | |||
| £ | £ | |||
| Not laterthan 1 year | 20,650 | 12,800 | ||
| Later than 1 year and not later than 5 years | 25,000 | 650 | ||
| 45,650 | 13,450 | |||
| 19. | Relatedparties |
Other than those disclosed elsewhere in the accounts, there were no related party transactions in this or the prior year.
-22-