Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
# **COMPANY REGISTRATION NUMBER: 06674059 CHARITY REGISTRATION NUMBER: 1127760**
## **Families Together Suffolk Company Limited by Guarantee Unaudited financial statements**
**31 March 2025**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Financial statements**
## **Year ended 31 March 2025**
||**Page**|
|---|---|
|Trustees' annual report (incorporating the directors' report)|**1**|
|Independent examiner's report to the trustees|**7**|
|Statement of financial activities (including income and expenditure account)|**8**|
|Balance sheet|**9**|
|Statement of cash flows|**10**|
|Notes to the financial statements|**11**|
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Trustees' annual report (incorporating the directors' report)**
## **Year ended 31 March 2025**
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 2025.
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.
## **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 IP23 7AF
## **The trustees**
The trustees who served during the year and at the date of approval were as follows:
C Read (Chair) K Allen (Appointed 25/11/2024) J Hawes (Appointed 26/09/2024) S Holden (Resigned 29/05/2025) H Jackson C Lay K Sansom (Resigned 25/11/2024) N Sherwood (Appointed 25/11/2024) G Tryon (Resigned 26/09/2024)
**Independent examiner** A Robinson FCA Lovewell Blake LLP Chartered accountants First Floor Suite 2 Hillside Business Park Bury St Edmunds IP32 7EA
**- 1 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
**Trustees' annual report (incorporating the directors' report)** _**(continued)**_
## **Year ended 31 March 2025**
## **Objectives and activities**
The objects of the Charity are:
1. to safeguard, protect and preserve the good health, both mental and physical of children and parents of children,
2. to prevent cruelty to or maltreatment of children,
3. to relieve sickness, poverty and need amongst children and parents of children,
4. to promote the education of the public in child development and care, within the area of Suffolk and its environs.
## **Public benefit**
In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commissions guidance on public benefit when setting the objectives for the year.
The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011.
## **Achievements and performance**
This past year has been one of impact, growth, and resilience. Families Together Suffolk has supported hundreds of children, parents, staff, volunteers, and trustees to adapt, grow, and develop together.
Our work is unique-bringing practical and emotional support to families while strengthening communities. None of this would be possible without the dedication of our staff and the 107 volunteers who give their time across family support, groups, our charity shop in Eye, our eBay hub in Stowmarket, and preparations for our soon-to-open shop in Halesworth. Together, they ensure families receive the support they need while generating vital income to sustain our services.
Change is not always easy. At times, it can feel uncomfortable. Yet, when we reflect on what we have achieved by working side by side, it is inspiring. This past year has shown that, together, we can overcome challenges and create real, lasting difference.
## **Our Impact in 2024-2025**
This year, Families Together Suffolk has been privileged to support more than **700 families** across Suffolk. Over **300 families were newly referred** to our home-visiting service, while a further **350 families benefited from groups and projects** .
The growing demand-particularly in Ipswich-highlights the continuing pressures families face: mental health challenges, isolation, loneliness, budgeting difficulties, children's development needs, and SEND.
Our focus has remained on improving wellbeing, confidence, and community engagement. The results speak for themselves:
- **69%** of parents reported increased confidence and wellbeing for themselves and their children.
- **78%** felt less isolated and more connected to community services.
- **75%** reported improved relationships with their children.
**- 2 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Trustees' annual report (incorporating the directors' report)** _**(continued)**_
## **Year ended 31 March 2025**
Parents consistently tell us that our support is transformative.
"Goodness, I so looked forward to the visits. Having someone supportive and non-judgemental who I could trust was invaluable during the dismantling of my life that happened. My life got very dark, the support was vital to my emotional survival."
"FTS has given me the confidence to trust my own voice and instincts when it comes to my son and not be afraid to ask for what he needs from other professionals."
"…helped me to build myself up again and believe in myself. I now have the confidence to parent my son in a far more positive way and deal with challenges when they arise."
"This summer holiday is quite different to last year, where we can now enjoy family days out! Without your service we would not be where we are today-of that, I am sure!!"
And from one parent who attended our groups from babyhood through to school age:
"It has been a staple of support for me as well as other mums, during the most difficult time of my life. A lifeline to many of us. Days when it was hard to get out of my own home and face the world-I knew people at the group would make me feel better about anything and everything. The leader is fantastic at her job. The group has given me some very special mother-daughter memories. The positive impact it is having on us all."
## **Financial review**
Families Together Suffolk has continued to strengthen its financial position over the past year, with income rising from **£628,413 in 2023 to £650,562 in 2024** . This growth was reflected across all income streams, including grants and donations, trading, and investment returns.
A key contributor to this increase was our savings platform strategy, which enabled us to generate **£5,631 in interest** , more than double the **£2,623 achieved last year** , despite slight reductions in interest rates. Our trading activities also continued to perform well, with income growing from **£167,100 to £178,838** .
While overall income improved, expenditure continued to exceed income for the second consecutive year. However, the deficit was significantly reduced from **£71,000 in 2023 to £27,000 in 2024** , demonstrating the positive impact of careful cost management. Total expenditure decreased from **£699,476 to £677,426** , with charitable and support costs remaining stable and within budget.
A reduction in staffing available during the year helped to offset the rise in employer national insurance contributions. While the increase in the employers' allowance provided some relief, it did not cover the full additional cost. We were grateful to The Henry Smith Foundation for recognising these pressures and providing additional funding to offset the increased cost within their funded project.
Like many charities, we continue to face a highly competitive funding environment. Many funding pots have remained static over time and have not kept pace with inflation. Our full cost recovery approach ensures that project budgets reflect the true cost of delivery, but when changes to employer contributions and other expenses are introduced quickly, it can be challenging to adapt existing multi-year grants.
Against this backdrop, we remain committed to strengthening our financial sustainability through the continued development of our retail operations. Since opening our first shop in Eye in 2017, retail has become a vital source of unrestricted income. The Eye shop and our eBay Hub have both performed strongly, supported by our dedicated staff and volunteers who maximise Gift Aid on donations. Looking ahead, we are preparing to open a second shop in Halesworth in 2025, marking the beginning of a new phase of planned retail expansion.
**- 3 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Trustees' annual report (incorporating the directors' report)** _**(continued)**_
## **Year ended 31 March 2025**
Our fundraising activity also grew significantly this year, raising **£8,431 compared to £3,237 last year** . Success was driven by three major initiatives-the First Light Festival, the Ipswich Half Marathon, and our Christmas Raffle-supplemented by smaller community events that helped raise awareness of our services and attract new volunteers.
Securing multi-year funding remains critical to our ability to plan and deliver consistent support to families. We currently hold seven such awards, which provide much-needed stability. Alongside this, we successfully delivered contracts for the Suffolk and North East Essex ICB and look forward to the opportunity of contributing to the new NDD pathway from 2025-26.
The year also saw the continued success of our **Children in Crisis** project, which expanded the age range of children we support and broadened our partnerships with other organisations. Outcomes from this work clearly demonstrate the positive impact of our interventions.
Our financial performance is underpinned by the organisation's wider growth in visibility and community reach. Since implementing a new PR and strategy plan in 2024, we have strengthened the FTS brand and extended our audience, ensuring families and communities are more aware of the support and opportunities available to them.
## **Conclusion**
Despite the challenges of rising costs and increased competition for grant funding, Families Together Suffolk remains financially resilient and forward-looking. With a diverse mix of income streams, careful cost management, and a clear strategy for growth through retail expansion and fundraising, the organisation continues to be a going concern. We remain committed to building sustainability so that we can provide vital support services to families across Suffolk for many years to come.
## **Reserves policy**
At 31 March 2025, Families Together Suffolk held **£234,615 in free reserves** . This figure includes match funding to support the continuation of our core work and is expected to reduce during the year as these commitments are met.
The trustees' policy is to maintain reserves at a level equivalent to a **minimum of three months and up to a maximum of six months of unrestricted running costs, plus provision for redundancy liabilities** . On current expenditure levels, this equates to a minimum reserve requirement of £117,349 (2024: £91,507).
The trustees consider this level of reserves to be **prudent and appropriate** in light of the prevailing economic climate and the charity's expenditure patterns over recent years. The reserves position is **reviewed regularly** to ensure it remains aligned with the charity's risk profile, operational needs, and strategic plans for future growth.
**- 4 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Trustees' annual report (incorporating the directors' report)** _**(continued)**_
## **Year ended 31 March 2025**
## **Plans for future periods**
The year ahead offers us fresh opportunities to build on our successes and face new challenges with confidence. Families Together Suffolk continues to adapt, evolve, and grow-like a jigsaw puzzle where each piece, whether family support, retail, volunteers, or trustees, plays its part in completing the whole picture.
- Our commitment remains clear:
- To reach more families in need.
- To adapt our services as circumstances change.
- To ensure the voices of parents and children remain at the heart of everything we do.
Together, we will continue bringing hope and sunshine into the lives of others, helping families not only to survive but to thrive.
## **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.
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 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. Additional trustee training is budgeted for should any trustee require this. All trustees undertake regular 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 retention activities and succession planning.
## **Independent examiner reappointment**
A resolution to appoint A Robinson FCA of Lovewell Blake LLP as independent examiner will be proposed at the next relevant board meeting.
**- 5 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
**Trustees' annual report (incorporating the directors' report)** _**(continued)**_
## **Year ended 31 March 2025**
## **Small company provisions**
This report has been prepared taking advantage of the small companies' exemption of section 415A of the Companies Act 2006.
`23rd September 2025` The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:
C Read Chair
**- 6 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Independent examiner's report to the trustees of Families Together Suffolk**
## **Year ended 31 March 2025**
I report to the charity trustees on my examination of the financial statements of the company for the year ended 31 March 2025 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 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, I 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 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 charity’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 Institute of Chartered Accountants in England and Wales (ICAEW), 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 that in any material respect:
1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
3. 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
4. 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).
I 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.
A Robinson FCA Independent Examiner
Lovewell Blake LLP Chartered accountants First Floor Suite 2 Hillside Business Park Bury St Edmunds IP32 7EA `30/9/2025`
**- 7 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Statement of financial activities (including income and expenditure account)**
## **Year ended 31 March 2025**
||||**2025**||2024|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|||
|||funds|funds|**Total funds**|Total funds|
||**Note**|**£**|**£**|**£**|£|
|**Income and endowments**||||||
|Donations and legacies|**5**|53,454|421,510|474,964|458,690|
|Other trading activities||178,838|–|178,838|167,100|
|Investment income||5,631|–|5,631|2,623|
|||``|``|``|``|
|**Total income**||237,923|421,510|659,433|628,413|
|||``|``|``|``|
|**Expenditure**||||||
|Raising funds||||||
|Costs of other trading activities|**6**|50,863|–|50,863|50,685|
|Charitable activities|**7**|175,336|460,098|635,434|648,791|
|||``|``|``|``|
|**Total expenditure**||226,199|460,098|686,297|699,476|
|||``|``|``|``|
|||``|``|``|``|
|**Net expenditure and net movement in funds**||11,724|(38,588)|(26,864)|(71,063)|
|||``|``|``|``|
|**Reconciliation of funds**||||||
|Total funds brought forward||222,891|73,725|296,616|367,679|
|||``|``|``|``|
|**Total funds carried forward**||234,615|35,137|269,752|296,616|
|||``|``|``|``|
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 11 to 20 form part of these financial statements.**
**- 8 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Balance sheet**
## **31 March 2025**
|||**2025**||2024||
|---|---|---|---|---|---|
||**Note**|**£**|**£**|£|£|
|**Fixed assets**||||||
|Tangible fixed assets|**11**||1,145||3,167|
|**Current assets**||||||
|Debtors|**12**|110,082||162,434||
|Cash at bank and in hand||177,753||265,725||
|||||||
|||287,835||428,159||
|**Creditors: Amounts falling due within**||||||
|**one year**|**13**|(19,228)||(134,710)||
|||||||
|**Net current assets**|||268,607||293,449|
|||||||
|**Total assets less current liabilities**|||269,752||296,616|
|||||||
|**Net assets**|||269,752||296,616|
|||||||
|**Funds of the charity**||||||
|Restricted funds|||35,137||73,725|
|Unrestricted funds|||234,615||222,891|
|||||||
|**Total charity funds**|**16**||269,752
||296,616
|
For the year ending 31 March 2025 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 `C Read` ........................, and are signed on behalf of the board by:
C Read Chair
Company registration number: 06674059
**The notes on pages 11 to 20 form part of these financial statements.**
**- 9 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Statement of cash flows**
## **Year ended 31 March 2025**
||**2025**|2024|
|---|---|---|
||**£**|£|
|**Cash flows from operating activities**|||
|Net expenditure|(26,864)|(71,063)|
|_Adjustments for:_|||
|Depreciation of tangible fixed assets|2,022|2,022|
|Other interest receivable and similar income|(5,631)|(2,623)|
|_Changes in:_|||
|Trade and other debtors|52,352|(140,509)|
|Trade and other creditors|(115,482)|127,754|
||``|``|
|Cash generated from operations|(93,603)|(84,419)|
|Interest received|5,631|2,623|
||``|``|
|Net cash used in operating activities|(87,972)|(81,796)|
||``|``|
|**Net decrease in cash and cash equivalents**|(87,972)|(81,796)|
|**Cash and cash equivalents at beginning of year**|265,725|347,521|
||``|``|
|**Cash and cash equivalents at end of year**|177,753
``|265,725
``|
**The notes on pages 11 to 20 form part of these financial statements.**
**- 10 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Notes to the financial statements**
## **Year ended 31 March 2025**
## **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.
## **2. 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.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis. 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.
## **Income tax**
As a registered charity, the activities are exempt from United Kingdom Income and Corporation taxation, provided that the income is applied to charitable purposes.
## **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:
**- 11 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Notes to the financial statements** _**(continued)**_
## **Year ended 31 March 2025**
## **3. Accounting policies** _**(continued)**_
## **Income** _**(continued)**_
- 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.
- income from donated goods is measured at the fair value of the goods unless this is impractical 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 reliably 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:
- expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
- 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.
## **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
**- 12 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Notes to the financial statements** _**(continued)**_
## **Year ended 31 March 2025**
## **3. 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 payable 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.
## **4. 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 required in the event of a winding up.
## **5. Donations and legacies**
||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2025**|
||£|£|**£**|
|**Donations**||||
|Donations including gift aid|29,454|750|30,204|
|**Grants**||||
|Grants|24,000|420,760|444,760|
||``|``|``|
||53,454|421,510|474,964|
||``|``|``|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2024|
||£|£|£|
|**Donations**||||
|Donations including gift aid|15,859|373|16,232|
|**Grants**||||
|Grants|35,296|407,162|442,458|
||``|``|``|
||51,155|407,535|458,690|
||``|``|``|
**- 13 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Notes to the financial statements** _**(continued)**_
## **Year ended 31 March 2025**
## **5. Donations and legacies** _**(continued)**_
|**Grants**|||||
|---|---|---|---|---|
||Unrestricted|Restricted|||
||Funds|Funds|Total 2025|2024|
||**£**|**£**|**£**|**£**|
|500 Suffolk Reasons|–|1,000|1,000|–|
|Adnams Community Trust|–|–|–|875|
|Awards for All|–|–|–|19,528|
|B&Q|–|5,000|5,000|–|
|BBC Children in Need|–|–|–|9,996|
|East of England Co-operative|–|–|–|1,100|
|Essex Community Foundation Saffron|||||
|Fund|–|–|–|3,796|
|Garfield Weston|–|20,000|20,000|12,500|
|Glasspool Charity Trust|–|–|–|1,000|
|Havebury Housing|–|–|–|3,907|
|Haverhill Town Council|–|–|–|4,892|
|Ipswich Area Committee|–|3,958|3,958|–|
|Locality Budget Beccles|–|1,500|1,500|–|
|Masonic Foundation|–|59,354|59,354|–|
|Mid Suffolk District Council|4,000|14,230|18,230|9,489|
|Mrs LD Rope|–|15,000|15,000|180|
|Nationwide|–|–|–|4,750|
|NHS Suffolk and North East Essex ICB|–|190,203|190,203|264,896|
|Norfolk Community Foundation - Various|||||
|projects|–|–|–|34,509|
|Postcode places trust|20,000|–|20,000|–|
|RAF Honington|–|–|–|8,559|
|Simon Gibson Charitable Trust|–|6,000|6,000|–|
|St Edmundsbury Trust|–|–|–|7,730|
|Stowmarket and District Lions|–|–|–|400|
|Stowmarket Town Council|–|–|–|500|
|Suffolk County Council|–|–|–|14,635|
|Tesco Stronger starts|–|375|375|1,125|
|The Belstead Ganzoni Charitable Trust|–|2,000|2,000|–|
|The Armed Forces Covenant Fund|–|7,144|7,144|6,295|
|The Henry Smith Foundation|–|30,000|30,000|30,000|
|The National Foundation for Youth Music|–|–|–|13,321|
|Trusthouse|–|–|–|30,000|
|West Suffolk District Council|–|–|–|5,908|
|Youth Music|–|11,988|11,988|–|
**- 14 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Notes to the financial statements** _**(continued)**_
## **Year ended 31 March 2025**
|**5.**|**Donations and legacies** **_(continued)_**|||||
|---|---|---|---|---|---|
||Suffolk Community Foundation:|||||
||SCF - Beckett Health and Wellbeing|||||
||Fund|–|2,000|2,000|–|
||SCF - E and J Legacy|–|3,000|3,000|–|
||SCF - Early Diagnosis and Cancer|||||
||Screening Fund|–|4,358|4,358|–|
||SCF - Equity in Mind|–|–|–|25,000|
||SCF - Frank Jackson|–|4,702|4,702|4,940|
||SCF - Food and drink Fund|–|1,500|1,500|–|
||SCF - Giving Fund|–|2,000|2,000|–|
||SCF - Household Support Fund|–|17,500|17,500|20,000|
||SCF - Hubble Bubble|–|–|–|1,639|
||SCF - J and A Grantmaking Programme|–|2,000|2,000|–|
||SCF - Kingsfleet|–|948|–|–|
||SCF - Miller Trust|–|1,500|1,500|–|
||SCF - Sheriffs Fund|–|–|–|2,000|
||SCF - Suffolk Cancer Screening Fund|–|–|–|3,934|
||SCF - Technology Networks Fund|–|–|–|1,500|
||SCF - Violence against Woment and|||||
||Girls|–|13,500|13,500|16,500|
||SCF - Women and Girls Fund|–|–|–|1,000|
|||``|``|``|``|
|||24,000|420,760|443,812|566,404|
|||``|``|``|``|
|**6.**|**Costs of other trading activities**|||||
||||Unrestricted|Restricted|**Total Funds**|
||||Funds|Funds|**2025**|
||||£|£|**£**|
||Charity shop costs||49,089|–|49,089|
||Fundraising costs||1,774|–|1,774|
||||``|``|``|
||||50,863|–|50,863|
||||``|``|``|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2024|
||||£|£|£|
||Charity shop costs||48,729|1,032|49,761|
||Fundraising costs||924|–|924|
||||``|``|``|
||||49,653
``|1,032
``|50,685
``|
**- 15 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Notes to the financial statements** _**(continued)**_
## **Year ended 31 March 2025**
## **7. Expenditure on charitable activities**
|||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|---|
|||Funds|Funds|**2025**|
|||£|£|**£**|
|Grants expended||–|18,500|18,500|
|Premises costs||13,840|12,846|26,686|
|Staff and salary related costs||130,668|420,817|551,485|
|Support costs||30,828|7,935|38,763|
|||``|``|``|
|||175,336|460,098|635,434|
|||``|``|``|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2024|
|||£|£|£|
|Grants expended||–|19,577|19,577|
|Premises costs||17,894|12,241|30,135|
|Staff and salary related costs||84,440|471,879|556,319|
|Support costs||31,028|11,732|42,760|
|||``|``|``|
|||133,362|515,429|648,791|
|||``|``|``|
|**Support costs**|||||
||Unrestricted|Restricted|Total Funds|Total Funds|
||Funds|Funds|2025|2024|
||**£**|**£**|**£**|**£**|
|Trustees' expenses|691|–|691|952|
|Independent examiner fees|3,000|–|3,000|2,916|
|Equipment costs|2,553|7,935|10,488|14,264|
|License and subscriptions|6,051|–|6,051|7,866|
|Legal and professional fees|1,873|–|1,873|1,725|
|Advertising|4,073|–|4,073|4,702|
|Printing, postage and stationery|3,901|–|3,901|3,004|
|Bank charges|112|–|112|82|
|Telephone costs|7,573|–|7,573|6,317|
|Website costs|1,001|–|1,001|932|
||``|``|``|``|
||30,828|7,935|38,763|42,760|
||``|``|``|``|
**8. Net expenditure**
|Net expenditure is stated after charging/(crediting):|||
|---|---|---|
||**2025**|2024|
||**£**|£|
|Depreciation of tangible fixed assets|2,022|2,022|
||``|``|
**- 16 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Notes to the financial statements** _**(continued)**_
## **Year ended 31 March 2025**
## **9. Staff costs**
The total staff costs and employee benefits for the reporting period are analysed as follows:
||**2025**|2024|
|---|---|---|
||**£**|£|
|Wages, salaries and other employee costs|493,122|499,110|
|Social security costs|33,895|32,852|
|Pension costs|24,468|24,357|
||``|``|
||551,485|556,319|
||``|``|
The key management personnel of the charity comprise the Trustees, the Families and Development Manager (replacing the former Operations Manager) and the Business Manager. The total employee benefits (Including employer pension contributions) of the key management personnel of the charity were £70,108 (2024: £84,540).
The average head count of employees during the year was 24 (2024: 25).
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
## **10. Trustee remuneration and expenses**
The trustees were neither entitled to, nor received, any remuneration from the charity (2024: Nil). Trustee were reimbursed expenses amounting to £311 (2024: £199) during the year.
## **11. Tangible fixed assets**
||**Computer**|||
|---|---|---|---|
||**equipment,**|||
||**plant and**|**Charity shop**||
||**machinery**|**equipment**|**Total**|
||**£**|**£**|**£**|
|**Cost**||||
|**At 1 April 2024 and 31 March 2025**|11,342|45,719|57,061|
||``|``|``|
|**Depreciation**||||
|At 1 April 2024|9,242|44,652|53,894|
|Charge for the year|1,312|710|2,022|
||``|``|``|
|**At 31 March 2025**|10,554|45,362|55,916|
||``|``|``|
|**Carrying amount**||||
|**At 31 March 2025**|788|357|1,145|
||``|``|``|
|At 31 March 2024|2,100|1,067|3,167|
||``|``|``|
**- 17 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Notes to the financial statements** _**(continued)**_
## **Year ended 31 March 2025**
## **12. Debtors**
|||**2025**|2024|
|---|---|---|---|
|||**£**|£|
||Trade debtors|51,644|146,453|
||Prepayments and accrued income|30,157|–|
||Gift aid tax debtor|28,281|15,981|
|||``|``|
|||110,082|162,434|
|||``|``|
|**13.**|**Creditors:** **Amounts falling due within one year**|||
|||**2025**|2024|
|||**£**|£|
||Trade creditors|33|75|
||Accruals and deferred income|3,000|126,256|
||Social security and other taxes|16,195|8,379|
|||``|``|
|||19,228|134,710|
|||``|``|
|**14.**|**Deferred income**|||
|||**2025**|2024|
|||**£**|£|
||Amount deferred in year|–|123,946|
|||``|``|
Deferred income relates to conditional grant income received in the year in relation to projects being completed in following years.
## **15. Defined contribution plans**
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £24,468 (2024: £24,357).
**- 18 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Notes to the financial statements** _**(continued)**_
## **Year ended 31 March 2025**
## **16. Analysis of charitable funds**
|**2025**||||||
|---|---|---|---|---|---|
|**Restricted funds**||||||
||At 1 April||||At 31 March|
||2024|Income|Expenditure|Transfers|2025|
||**£**|**£**|**£**|**£**|**£**|
|Birth and Beyond|72,626|403,010|(440,499)|–|35,137|
|Hardship Fund|1,099|18,500|(19,599)|–|–|
||``|``|``|``|``|
||73,725|421,510|(460,098)|–|35,137|
||``|``|``|``|``|
|**Unrestricted funds**||||||
||At 1 April||||At 31 March|
||2024|Income|Expenditure|Transfers|2025|
||**£**|**£**|**£**|**£**|**£**|
|General fund|222,891|237,923|(226,199)|–|234,615|
||``|``|``|``|``|
|**2024**||||||
|**Restricted funds**||||||
||At 1 April||||At 31 March|
||2023|Income|Expenditure|Transfers|2024|
||**£**|**£**|**£**|**£**|**£**|
|Birth and Beyond|181,655|387,855|(496,884)|–|72,626|
|Hardship Fund|996|19,680|(19,577)|–|1,099|
||``|``|``|``|``|
||182,651|407,535|(516,461)|–|73,725|
||``|``|``|``|``|
|**Unrestricted funds**||||||
||At 1 April||||At 31 March|
||2023|Income|Expenditure|Transfers|2024|
||**£**|**£**|**£**|**£**|**£**|
|General Fund|185,028|220,878|(183,015)|–|222,891|
||``|``|``|``|``|
Birth and Beyond - Represents amounts received and set aside as dictated by various funding providers towards the core costs and primary projects of the charity. This fund was fully completed and expended in the year to 31 March 2025 with the overspend made up from general funds by way of a transfer at the year end date.
Hardship Fund - Represents amounts received from Suffolk Community Foundation, Glasspool Charity and 500 Suffolk Reasons to grant directly to families experiencing hardship due to the pandemic and cost of living crisis. Final amounts in respect of this fund where expensed in the year ended 31 March 2025.
**- 19 -**
Docusign Envelope ID: 410EB909-0A04-416C-B35A-9C69F36AF8DE
## **Families Together Suffolk**
## **Company Limited by Guarantee**
## **Notes to the financial statements** _**(continued)**_
## **Year ended 31 March 2025**
## **17. Analysis of net assets between funds**
|||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|---|
|||Funds|Funds|**2025**|
|||£|£|**£**|
||Tangible fixed assets|1,145|–|1,145|
||Current assets|252,698|35,137|287,835|
||Creditors less than 1 year|(19,228)|–|(19,228)|
|||``|``|``|
||**Net assets**|234,615|35,137|269,752|
|||``|``|``|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2024|
|||£|£|£|
||Tangible fixed assets|3,167|–|3,167|
||Current assets|230,488|197,671|428,159|
||Creditors less than 1 year|(10,764)|(123,946)|(134,710)|
|||``|``|``|
||**Net assets**|222,891|73,725|296,616|
|||``|``|``|
|**18.**|**Analysis of changes in net debt**||||
|||||**At**|
|||At 1 Apr 2024|Cash flows|**31 Mar 2025**|
|||£|£|**£**|
||Cash at bank and in hand|265,725|(87,972)|177,753|
|||``|``|``|
|**19.**|**Operating lease commitments**||||
||The total future minimum lease payments under|non-cancellable operating leases are as follows:|||
||||**2025**|2024|
||||**£**|£|
||Not later than 1 year||7,150|19,300|
||Later than 1 year and not later than 5 years||8,125|15,275|
||||``|``|
||||15,275
``|34,575
``|
## **20. Related parties**
There were no related party transactions in this or the prior year.
**- 20 -**