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2023-03-31-accounts

Charity registration number 1128547

Company registration number 06763165 (England and Wales)

HEADS UP LEICESTER LIMITED

(FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) LEGAL AND ADMINISTRATIVE INFORMATION

Chief Executive Ms L Woodward (Appointed on 1 April 2022)
Trustees Mr D Neville
Mrs A Peel
Mrs J Drake
Mrs M O'Hagan
Dr N Darko (Appointed 1 April 2023)
Mr T E Render (Treasurer) (Appointed 25 November 2022)
Mrs D R Miskella (Appointed 3 July 2023)
Ms S Miskella (Appointed 3 July 2023)
Charity number 1128547
Company number 06763165
Registered office The Grove Community Hub
Cort Crescent
Braunstone
Leicester
LE3 1QZ
Independent Examiner Rishi Chandarana FCA
BPC Chandarana+Co Limited
Chartered Accountants
Prebend House
72 London Road
Leicester
LE2 0QR
Bankers TSB Bank PLC
The Roundway
284a Humberstone Lane
Leicester
LE4 9JN
Solicitors Maxwell Hodge
14 Castle Street
Liverpool
L2 0SG

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) CONTENTS

Page
Trustees' report 1 - 3
Independent examiner's report 4
Statement of financial activities 5
Statement of financial position 6
Notes to the financial statements 7 - 15

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2023

The trustees present their annual report and financial statements for the year ended 31 March 2023.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's memorandum and articles of association, the 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 (FRS 102)" (effective 1 January 2019).

The trustees, after a thorough review of strategy undertaken in the latter part of the year and continuing into the following year (2023/24) decided that a re-branding of the charity was required to better reflect the focus of its work (within the original objectives) and the position and reputation of the charity in the City and County. It therefore formally changed the name of the charity to “Heads Up Leicester Limited” on 1 October 2023.

Objectives and activities

The charitable purposes of Heads Up Leicester Limited (“HUL”), as set out in the objects contained in the charitable company’s memorandum of association, are to:

Educate families and the public in better standards of child care, the importance of sound relations between parents and children for the maintenance and enrichment of family life and good interpersonal communication between adults and children particularly, though not exclusively within families, and to promote, maintain, improve and advance the education and welfare of families and their members being in need by reason of their circumstances or their physical, emotional or spiritual state.

The charity has been providing support and positive parenting to families for over 30 years. HUL is very proud to be reporting great achievements in relation to the increase in provision of one to one support for young people's mental health, alongside the group work services available to families in Leicester, Leicestershire and Rutland and our training products for professionals.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

HUL continues to provide groupwork programmes and shorter workshop interventions to both young people and their parents and carers. We provide one to one mental health support to young people in schools and via Zoom. Our antenatal education workshops now have follow on support for parents and their babies via weekly therapeutic playgroups.

Please see the link below for the current information on our services that are available. www.headsupleicester.org.uk

The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives, and in planning future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

Achievements and performance 2022-23 at a glance

Services for children, young people and families

During 2022/23 Heads Up Leicester ran 100 groups and workshops, supporting some 700 young people and their parents/carers. We also offered weekly therapeutic playgroup to two cohorts of parents and their babies – teen parents and parents with English as an additional language. Our 1 to 1 wellbeing practitioner led services supported 68 young people in school clinics and via Zoom.

Training Activity 2022 -2023

The charity delivered groupwork facilitation skills training to 8 professionals via the Grounded programme.

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2023

Financial review

The results for the year and the charity's financial position at the end of the year are shown in the attached financial statements.

The trustees have considered the Charity Commission's guidance on reserves and feel it prudent where feasible to hold the following sums as reserves for the following purposes. The trustees intend to review the reserves policy in its entirety before the end of the next accounting period.

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.

Structure, governance and management

The Centre for Fun and Families was registered as a charity on 17 May 1990, number 328640, under its constitution, which was adopted on 3 May 1990.

In December 2008, the Centre for Fun and Families was incorporated as a private company limited by guarantee which is also a registered charity and which took over all assets, liabilities and activities of the former charity on 1 April 2009. The charitable company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.

The trustees, after a thorough review of strategy undertaken in the latter part of the year, and continuing into the following year (2023/24) decided that a re-branding of the charity was required to better reflect the focus of its work (within the original objectives), and the position and reputation of the charity in the City and County. It therefore formally changed the name of the charity to “Heads Up Leicester Limited” on 1 October 2023.

In view of the deteriorating condition of the premises then occupied in Narborough Road, and their increasing unsuitability for the work of the charity, a move to The Grove, Braunstone, was made on 5 December 2023 to new leased premises of modern standard and much better suited to the work of Heads Up Leicester.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr T Moore (Resigned 31 March 2023) Mr D Neville Ms E Mair (Chair) (Resigned 16 November 2022) Mr P Trickett (Resigned 12 December 2023) Mrs N M Sond (Resigned 30 June 2022) Mrs A Peel Ms G Neill (Appointed 25 April 2022 and resigned 1 December 2022) Mrs J Drake Mrs M O'Hagan Mr J Haywood (Appointed 1 April 2023 and resigned 12 December 2023) Dr N Darko (Appointed 1 April 2023) Mr T E Render (Treasurer) (Appointed 25 November 2022) Mrs D R Miskella (Appointed 3 July 2023) Ms S Miskella (Appointed 3 July 2023)

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 MARCH 2023

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

At each annual general meeting one-third of the trustees, or, if their number is not three or a multiple of 3, the number nearest to one-third must retire from office. The trustees to retire by rotation shall be those who have been longest in office since their last appointment.

The company's current policy concerning the payment of trade creditors is to follow the CBI's Prompt Payers Code (copies are available from the CBI, Centre Point, 103 New Oxford Street, London WC1A 1DU).

The company's current policy concerning the payment of trade creditors is to:

HUL has an organisational structure headed by the CEO, supported by project managers, admin and finance officers, project and sessional staff. The Board meets six times a year, and holds an annual “awayday” where strategic issues for the charity are considered in depth. There are two regular committees of the Board (Finance, Safeguarding) as well as specific meetings to deal with HR and Health & Safety issues, together with task and finish groups of directors and senior staff convened as required.

The Finance Committee meets on a monthly basis and consists of the Chief Executive, Finance Officer and two Directors. Monthly management accounts are presented to monitor performance to date, with Actual Versus Budget, Income & Expenditure, Forecast Income & Expenditure Versus Budget plus Projected Cashflow reports. Restricted Funds Analysis reports are produced for the various funding streams.

The board of trustees has carried out risk assessments and aims to lessen the risks to the charity as far as possible.

Funds held as custodian trustee

The charity's investment policy currently is to hold any reserves at the bank on deposit or in a specific account held at Monmouth Building Society.

The trustees' report was approved by the Board of Trustees.

Mr T E Render (Treasurer)

Trustee Dated: 26 February 2024

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEADS UP LEICESTER LIMITED

I report to the trustees on my examination of the financial statements of Heads Up Leicester Limited (the charity) for the year ended 31 March 2023.

This report is made solely to the charity's trustees, as a body, in accordance with section 154 of the Charities Act 2011 (the 2011 Act) . My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the trustees of the charity (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 charity 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 the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable 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 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:

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 financial statements to be reached.

Rishi Chandarana FCA

BPC Chandarana+Co Limited Chartered Accountants Prebend House 72 London Road Leicester LE2 0QR

Dated: 26 February 2024

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted
Restricted
funds
funds
2023
2023
Notes
£
£
Income and endowments from:
Donations and legacies
3
4,559
-
Charitable activities
4
230,584
268,079
Investments
5
285
-
Other income
6
4,114
-
Total income
239,542
268,079
Expenditure on:
Charitable activities
7
210,097
249,361
Governance costs
10
3,648
-
Total expenditure
213,745
249,361
Net income/(expenditure) for
the year/
Net movement in funds
25,797
18,718
Fund balances at 1 April 2022
65,289
2,058
Fund balances at 31 March
2023
91,086
20,776		 Total Unrestricted
Restricted
funds
funds
2023
2022
2022
£
£
£
4,559
14,365
-
498,663
162,402
228,473
285
501
-
4,114
4,885
-
507,621
182,153
228,473
459,458
183,836
242,540
3,648
5,290
-
463,106
189,126
242,540
44,515
(6,973)
(14,067)
67,347
72,262
16,125
111,862
65,289
2,058		 Total
2022
£
14,365
390,875
501
4,885
410,626
426,376
5,290
431,666
(21,040)
88,387
67,347

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2023

Notes
Fixed assets
Tangible assets
12
Current assets
Stocks
13
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within
one year
15
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
16
Unrestricted funds - general		 2023
£
500
945
122,315
123,760
(12,862)		 £
964
110,898
111,862
20,776
91,086
111,862		 2022
£
500
1,604
126,110
128,214
(62,979)		 £
2,112
65,235
67,347
2,058
65,289
67,347

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

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

The financial statements were approved by the Trustees on 26 February 2024

Mr T E Render (Treasurer)

Trustee

Company registration number 06763165

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

Charity information

Heads Up Leicester Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is The Grove Community Hub, Cort Crescent, Braunstone, Leicester, LE3 1QZ (previously 177-179 Narborough Road, Leicester, LE3 0PE until 4 December 2023).

1.1 Accounting convention

The accounts have been prepared in accordance with the charity's memorandum and articles of association, the 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 (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the board in furtherance of the general activities of the charity.

Restricted funds are subject to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

1.4 Incoming resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants, where entitlement is not conditional on delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

Incoming resources from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.

Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts. Investment income is included when receivable.

1.5 Resources expended

Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

(Continued)

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs represent costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examination and grant audit fees and costs linked to the strategic management of the charity.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Tangible fixed assets costing more than £100 are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

25% per annum on a straight line basis.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

BASIC FINANCIAL ASSETS AND LIABILITIES

Basic financial assets and liabilities, which include debtors and creditors with no stated interest rate and receivables or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

(Continued)

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations and legacies

2023 2022
£ £
Donations and gifts 4,559 14,365

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

4 Charitable activities

Tenders &
Commissioning
Department of
Health and
Social Care
(Starting Well)
BBC Children
in Need
Other small -
restricted
Lloyds Bank
Foundation for
England and
Wales
£
£
£
£
£
Services provided under contract
189,339
110,000
43,706
80,213
34,160
Other income
32,853
-
-
-
-
222,192
110,000
43,706
80,213
34,160
Analysis by fund
Unrestricted funds - general
222,192
-
-
-
-
Restricted funds
-
110,000
43,706
80,213
34,160
222,192
110,000
43,706
80,213
34,160
For the year ended 31 March 2022
Unrestricted funds - general
151,024
-
-
-
-
Restricted funds
-
110,000
42,151
42,688
33,634
151,024
110,000
42,151
42,688
33,634		 Training
£
-
8,392
8,392
8,392
-
8,392
11,378
-
11,378		 Total
2023
£
457,418
41,245
498,663
230,584
268,079
498,663		 Total
2022
£
356,853
34,022
390,875
162,402
228,473
390,875

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

5 Investments

Unrestricted Unrestricted
funds funds
general general
2023 2022
£ £
Interest receivable 285 501
Other income
2023 2022
£ £
Room hire 848 2,544
Other 3,266 2,341
4,114 4,885

6 Other income

7 Charitable activities

Activities
undertaken
directly -
unrestricted
Department of
Health and
Social Care
(Starting Well)
BBC
Children in
Need
Other
small -
restricted
Lloyds
Bank
Foundation
for England
and Wales
£
£
£
£
£
Staff costs
178,854
19,201
29,360
21,343
19,908
Premises costs
12,160
-
-
-
4,131
Office expenses
3,085
21,799
9,972
-
800
Travelling
3,073
-
667
3,773
6,479
Room hire and
associated costs
2,562
-
1,682
-
-
Sundry expenses
9,356
-
2,025
7,712
2,053
Payments made to
third parties
1,007
69,000
-
27,196
-
Training costs
-
-
-
2,260
-
210,097
110,000
43,706
62,284
33,371
210,097
110,000
43,706
62,284
33,371		 Total
2023
£
268,666
16,291
35,656
13,992
4,244
21,146
97,203
2,260
459,458
459,458		 Total
2022
£
251,031
16,405
28,172
8,106
4,590
16,750
94,880
6,442
426,376
426,376

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

8 Trustees

None of the trustees (or any persons connected with them) received any remuneration during the year other than what is disclosed in note 19 and no trustees were reimbursed expenses (2022: None).

9 Employees

Number of employees

The average monthly number of employees during the year was:

Charitable
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2023
Number
14
2023
£
240,058
19,055
9,553
268,666		 2022
Number
15
2022
£
227,529
16,855
6,647
251,031

There were no employees whose annual remuneration was £60,000 or more.

10 Governance costs

Depreciation
Accountancy		 2023
£
1,148
2,500
3,648		 2022
£
2,830
2,460
5,290

Governance costs includes payments to the independent examiner of £2,460 (2022- £2,340).

11 Taxation

As a charity, Heads Up Leicester Limited is exempt from taxation on income and gains.

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

12 Tangible fixed assets
Fixtures, fittings & equipment
£
Cost
At 1 April 2022 15,578
At 31 March 2023 15,578
Depreciation and impairment
At 1 April 2022 13,466
Depreciation charged in the year 1,148
At 31 March 2023 14,614
Carrying amount
At 31 March 2023 964
At 31 March 2022 2,112
13 Stocks
2023 2022
£ £
Finished goods and goods for resale 500 500
14 Debtors
2023 2022
Amounts falling due within one year: £ £
Trade debtors 852 1,545
Other debtors 93 59
945 1,604
15 Creditors: amounts falling due within one year
2023 2022
£ £
Other taxation and social security 4,296 6,119
Trade creditors 5,943 31,679
Other creditors 123 5,473
Accruals and deferred income 2,500 19,708
12,862 62,979

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

16 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Movement in funds
Balance at 1 Incoming Resources Balance at 31
April 2022 Resources Expended March 2023
£ £ £ £
Lloyds Bank Foundation for England and Wales 2,058 34,160 (33,371) 2,847
BBC Children in Need - 43,706 (43,706) -
Department of Health and Social Care (Starting
Well) - 110,000 (110,000) -
Leicestershire County Council Funding - 34,963 (26,222) 8,741
NHS Charity Together - 42,250 (33,062) 9,188
Leicestershire Council (Shire Grant) - 3,000 (3,000) -
2,058 268,079 (249,361) 20,776

Lloyds Bank Foundation for England and Wales

Support for socially isolated teen parents, from pregnancy through birth and beyond, in Leicester city.

BBC Children in Need

Support for young people's mental health particular anxiety, including a peer mentor programme.

Department of Health and Social Care - Starting Well

Supporting women and babies from high deprivation/BAME communities in Leicester City, from Pregnancy to 2 years old.

NHS Charity Together

To support health and wellbeing service for young people aged 8-18 years old who are experiencing low level mental health difficulties such as anxiety, worry, low mood and depression which affects their wellbeing.

17 Analysis of net assets between funds

Unrestricted
funds
Restricted
funds
2023
2023
£
£
Fund balances at 31
March 2023 are
represented by:
Tangible assets
964
-
Current assets/(liabilities)
90,122
20,776
91,086
20,776		 Total
Unrestricted
funds
Restricted
funds
2023
2022
2022
£
£
£
964
2,112
-
110,898
63,177
2,058
111,862
65,289
2,058		 Total
2022
£
2,112
65,235
67,347

HEADS UP LEICESTER LIMITED (FORMERLY CENTRE FOR FUN & FAMILIES LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

18 Company limited by guarantee

The company is limited by guarantee with no share capital. The members of the charitable company are the trustees who are also the directors for the purpose of company law. In the event of the company being wound up, the liability of the members is limited to £1.

19 Related party transactions

During the year the charity paid Five Technology £1,830 (2022: £2,330) for IT maintenance services. Five Technology is managed by the son of Mr T Moore, a former trustee.