MILNfHORPE F Y CENTRE ANNUAL ACCOUrS YEAR ENDED 31ST MARCH 2024 CHARITY NO. 1131829
MILNIHORPE F ILY CENTRE UAL INANCIAL STATEMENTS HE FINANCJAL YEAR ENDED ST 2024 MilDthorpe Family Centre exists primarily to provide care, education, and Support of children and families from the SUTTLiunding area. ol¢erS and Directors Simon Anstey Tejshree Misty Reb¢cca Lamb John Cushnie Chainnanlsecretary Treasurer Director Director Office Address: Milnthorpe Family Centre Firs Roa Milnthorpe, Cumbria LA7 7QF Tel: 015395 64090 Email: katie@joeysnursery.co.uk ndependent ELqminer: Andrew Lishman Jackson & Graham Lynn Garth, Gillinggale, Kendal, Cumbria LA9 4JB
MILNT E FAMILY CENTRE DIRE ORS, S ANNUAL REPORT THE FINANCIAL YEAR ENDE ST 31 MARCH 2024 Stttion l Legal and Admlntstraiive Information Charity Nam¢ Milnthorpe Family Centre Other names by which the charity is known "Joeys" Out of School Club" Registered Charity Number 1131829 Compauy Limited by Guarantee No. 06843338 For the financial yPAr beginning 1st April 2023 For the fmancial year cnding 31" Marcb 2024 Charity's principal address Firs Roa(L Milnthorpe, cUMla LA7 7QF Names of Charity Trustees and company directors Name Office Simon Anstey Tejshree Misty Rebecca Lamb John Cushnie Chairn)an I Secretsry Treasurer Direclor Dircctor Name of p¢rson (or body) entitled to appoint Trusle¢s: The Constitutii>n statcs that "The Officers and Committee Mcmbers shall be elected for one year at the Amiual General Meeting. Co-opted members may join at any time on th¢ invitation of the Committee but shall retire at the next Annual General Meeting. In the event of the death or resignation of an elected member, the vacancy shall be filled until the next ADnual General Meeting by a member appoint¢d by the Committee" Description of Charity objectives:. To enhance th¢ development of children primarily under statutory school age by encouraging parents io understand and provide for the needs of their children through community groups. Charity's bankers are: Bar¢Jays Bank PLC. Barclays Business Centr¢, 9 Highgate, Kendal, Cumbria LA9 4DF Sort Code: 2045-28 Account Number: 03703908
MFC Annual Report 1st Aprll 2023- 31st March 2024 MFC provlded chlldcare and famlty support seryices to over 162 local famllies and over 211 children across Joeys Nursery and Out Of School Club. We work closely wlth famS1ies to help them ac55 free nursery places for 2-year-old and 34 year old chlklren and we ensure that all famllles are aware of the help available towards the cost of chlldcare through Worklng families, Tax Free Chlldcare, Unlversainax Credfts. MFC has offered Family Support to 9 famllle5 thls year these famllles were experiencing hardshlp, Illnes5 and/or soclal Issues and we supported throu8h offerfng free chlldcare. Thls enables the paTenVCar to attend meetlngslappolntments wlth other professlonals or have resplte to deal wSth/recover from a difficult tlme. MFC has 4 Dlrectors/Charlty Trustees in total - John Cushnle, Tetshree M15try (Treasurer) Rebecca Lamb (Secretary Named safe8uardln8 officer) and Slmon Anstey {Chalmian Otsted nomlnated person), guldlng and 8ovemlng thls successful charlty forward. MFC is run and operated by approx. 20 staff Includlng bank staff. The Directors would like to 81ve thelr contlnued thanks to all the employees for thelr hard work, commftmen( and support In all areas of the Charity. Durlng thls flnanclal year we faced unprecedented rlses In some expenses partlcularly resources and PPE equlpment. In addltlon to thls there were periods, predomlnantly wlthln our Koala room, we were runnlng at hlgher statr. chlld ratlos due to Intervals between chlldren movln8 up and new booklngs startln& thls dld result in some slgnlficant losses. The charfty dld absorb some of the Impact and mlnlmlsed our losses though takln8 Step5 to reduce staffing where possible. However, desplte our efforts, these cornblned factor5 resulted In a 1055 of £1,304.88. Whlle MFC leaves 202312024 wlth a financlal loss we remaln confident In our posltlon. We 80 forward Into the next year wlth optlmlsm for the future. MFC has valued the partnershlp practlce we have wlth Westmorland and Furness Council and Mllnthorpe Prlmary school over the past year, and we wlll contlnue to develop thls In the year ahead. MFC would Ilke to take thls opportunlty to thank all those who have contrlbuted toward the charlty and helped ensure we can contlnue to support famllies In need as thls year we have been lucky enough to reoive donatlons from private donors. Masonlc Hall. Milnthorpe Memorlal hall Fund and easy fundralslng which Is a contribution from many famllles chooslng to shop through thls app to help us ralse funds for our charlty. MFC would also Ilke to take this opportunlty to thank all the famllies and chlldren that have actrssed childcare and support from MFC durlng the year. Klnd regards Slmon Anstey Chalrman Milnthorpe Family Centre
ILNTHORPE FAM Y CENTRE ATEMENT ANCI CTIVITIES 2024 2023 Note Unrestricted Funds Total Funds Total Funds INCOMINC RESOURCES Incoming resources from gcneratcd funds Activities for generating funds Other incoming resources TOTAL INCOMING RESOURCES 2LL37 3919 £22L21L £L937 £22£1L4 RESOURCES EXPENDED Cost of generating funds Fundraising activities and other costs Governance costs Other resources expended TOTAL RESOURCES EXPENDED 2,080 2,080 ,345 73 NET INCOMING RESOURCES 622 622 4,599 NET MOVEMENT IN FUNDS Totsl funds brought forward TOTAL FUNDS CARRIED FORWARD 63 £fj£ll2 £97
FAMIL T31ST Note 2024 2023 Flxed Assets Fixtures, Fittings & Equipment Additions at Cost Less Depreciation Current Assets Debtors 4.704 71 Cash at Bank and in Hand TOTAL CURJIENT ASSETS 156,421 161,383 Llabllltlei Creditors.. Amounts fallin8 due within one year NET CURRENT ASSETS NET ASSETS The Funds of the Charlty Unrestricted incorne funds: TOTAL CHARITY FUNDS £6 . Simon Anstey rustees For and on behalf of the
ORPE FAMILY CENTRE FOR THE YEAR ENDED 31 24 Basls of re aratlo These accounts have been prepared on the basis of historic cost in accordance with accounting stsndards: and Accounting and Rcporting by Charities - Statcment of Recommended Practice (SORP 2005); and the Charities Act. There has been DO chaDge to the accountiog polAcies since last year nor have any changes been maik to accounts for previous years. countin lieles Incomlng Resour¢e8 Grants & Donations Fundraising Statutory Maternity Pay Claim Interest receivable Children's Room Baby Room Out of School Club Other Income TOTAL INCOME 523 2,450 127 231,363 61,103 82,187 691 249J85 6173 Tl,864
MILNTHORPE FAMILY CENTRE TEST cc THE ENDE 202 Reco iiition of incomin resources These are included in the Statement of Financial Activities (SOFA) when:. the charity becomes entitled to the resources; the trustees are virtually certain they will receive the resources" and the moneiary value can be measured with sufficient reliability. tncomin es with related ex nditure Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are r¢ported gross in the SOFA. Is and donatio Grants and donations are only included in the SOFA with the charity has unconditional entitlemcnt to the resources. tual income ornjance related ThAS is only included in the SOFA once the related goods or services have been delivered. ifts Gifts in kind are accounted for at a reasonable estimale of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when reLYivabl¢.
NTHORPE F MLYC NOTES RTHEYE ENDED 31ST MARC nated services an faciliti These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charAty of th¢ service or facility rec¢ived. The value ofany voluntary help received is not included in the accounts but is des¢Tibed in the tiustees. annual repoTL This is included in the accounts when receivable. tment ains and I This includes any gain or loss on the salc of investmellts and any gain or loss resultin8 from reVu]ng investhlents to market value at the end of the year. Expendlture & Llabllltles abi Liabilities are recognised as 800n as there is a legal or Constructive obligation committing the charity to pay out resources. vc co Include costs of the preparation and examination of ststutory accounts, the costs of trustee meetings and cost of any legal advice to iruste¢s on governance or constitittional matters. nditions Where the charAty gives a grant with conditions for its payment being a specific level of service or outyut to be provid such grants are only recognised in the SOFA once the recApient of the grant has provided the specified service or outpuL ts able with t orn)ance conditions These are only recognised in the a¢¢ounts when a committnent bas been made and there are no conditions to be Met relating to th¢ grant which remain in the control of the ¢Jwity.
NTHORPE FAMILY NOTES TO THE ACCO TSF RTHEYE ST ED 31 MARCH 2024 ort costs Support costs include centrdl functions and have been allocated to activity cost categories on a basis consistent with the usc of resources. e.g. allocatin8 propety costs by floor are4 or per capit4 staff costs by the time spent and other costs by their usage. Resources nd 2024 2023 XPE DITU Wages & Salaries Staff Training & Welfare Advertising Premises Expenses Other Grant Usage Food Costs Telephone. Postage and Stationery ITCosts Insurance Repairs & Maintenance 309,162 324 160 17,574 619 7,514 6,851 3,679 1,690 845 286,090 1,824 17,236 ,979 15,086 4,166 8,768 1,560 471 Fl] Uniforn Cleaning & Sundries Bank Charges Other Legal & Professional Sundry expenses Pension Employers Nl Refurbishment fi]nd usage Travel and Subsistence Resources TOTAL EXPENDITURE 273 15,090 153 2,080 325 345 14,034 147 1,346 420 4,375 15,718 58 37 15,165 £391
MILNTHORPE FAMILY CENTRE OTES TO THE ENDED taff costs Gross wages and salaries, employer's national insurance and pension contributions. At Cost At I" April 2023 Less Deprecl8tlon at JM Aprll 2023 Depreciation for Year 21,967 Net Book Value At 31° March 2023 At 31" March 2024 6. De tors & Pre meAt$ 2024 2023 Trade Debtors Payment in advanc¢ Prepayments 3,052 36 5,008 36 10-
mILH RPEF ILY CENTRE OTES TO THE ACC UNTS OKTHEY - MARCH 2024 7. Creditors & Accrnals Amounts F Due Wlthin 2024 Unallocated Grants/ResS Account Split R1Ved in advance Sundry'creditors Trade Creditors Accruals 75,154 13,138 76,478 17.516 1276 990 92 886 8. Movement of Funds Balance Brought Fonvard Balance Incoming Outgolng Carrie4 Unrestricted Fund 63,497 391.937 391.315 64,119
INDEP DENT EX4MINER'S REPORT T THE TRUSTEE ORPE I report on the ac¢ounts of the Trust for the year ended 31# Marcb 2024 which are set out on pages 4 to Respecdve Responslbllltles of Trustees and Eumlner The Chazity's Tn]stees ar¢ responsible for the prq)aYation of the accounts. The Charity's TnteeS consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It 18 my responsibility to: . Examine the accounts under sertion 145 of the Charitics ACL . To follow the procedures laid down in the gcneral Directions given by the Charity Commission (under section 145(5Xb) of the Charities Act): and . To state whether particular matters bave come to my attentio Bagls of Independent Examlner's Report My examination was carried out in accordance with the general Directions given by the Charily Commission. An eXamitiOn includes a review of the accounting records kept by the Charity and a comparison of the xcounts presented with thosc re. It also includes consideration of any unusual items or disclosures in the acxounts and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the eviden¢¢ that would be required in an audit, and consequently no opinion is given as lo wbether the accounts present a 'true and fair. view, and the report is limited to those matters set oul in the statement below. Independent Exarnlner'$ Statement In connection with my examination. no matter has Come to rny attention: _ (l ) which gives me rollable cause believe that in any material respect the requirements - to keep accounting rOrdS in accordance with Section 130 of the Charities Act; and - to Prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met: or (2) to whiclL in my Opinio attention should be drawn in order to enable a Proper understanding of the coUnts to be reached. A E LISHMAN..... ................ Fellow Member of the A&sociation of Accounting Teclmicians Jackson & Graham. Lynn Gartty Gillinggate. Kend, cum18. LA9 4JB 12-