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2024-03-31-accounts

Company number: 07032063 Charity Number: 1132741

Talbot House Support Centre

Report and financial statements For the year ended 31 March 2024

Talbot House Support Centre

Reference and administrative information

for the year ended 31 March 2024

Company number 07032063

Charity number 1132741

Registered office and operational address

Talbot House 1 High Peak Street Newton Heath Manchester M40 3AT

Trustees Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows:

Paul Cassidy Chair Denise Price Treasurer Abigail Birch Helen Bottomley Ann Fleming Phyllis Njuguna Martin Rathfelder Gaynor Spencer Josephine Starling Appointed May 2023 Key management personnel Bernie Wood Principal staff Francis Crake Principal staff Bankers The Co-operative Bank plc PO Box 101 1 Balloon Street Manchester M60 4EP Independent Examiner Jennifer Daniel FCCA DChA Slade & Cooper Limited Beehive Mill, Jersey Street, Manchester, M4 6JG

1

Talbot House Support Centre

Trustees’ annual report

for the year ended 31 March 2024

The trustees present their report and the unaudited financial statements for the year ended 31 March 2024. Included within the trustees’ report is the directors’ report as required by company law.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and activities

To relieve children and adults with learning disabilities by the provision of practical advice, guidance, training and support in such other ways as the centre shall determine, to their parent carers/unpaid carers.

The trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes.

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

Activities

2

Talbot House Support Centre

Trustees’ annual report

for the year ended 31 March 2024

Achievements and performance 2023-24

The charity has delivered vital support services for parent carers over the 2023-24 financial year. The charities achievements and performance are as follows.

3

Talbot House Support Centre

Trustees’ annual report

for the year ended 31 March 2024

Financial review

At the end of the 2023/24 financial year we are very happy to be in a healthy financial position with £236,938 funds held.

Our main local authority contract is reviewed annually and we have been informed that we have assurances that the contract will run until 31 March 2025, with the intention to review our service to ensure that the specialist support and advice services are closely aligned to adult social care delivery of core statutory and wellbeing duties.

We have completed the first of our 3 year funding from ‘Our Manchester’ for £120,000 over the next 3 years (2023-26). An additional local authority grant for the childrens services will also run until 31 March 2025 and will be subject to the same conditions as both the Main and ‘Our Manchester’ contracts.

We are continuing to work hard to diversify our funding streams to ensure long term sustainability, and also that we are in a position to best meet the demand for support from our carer communities.

Reserves policy

Our reserves policy, agreed by trustees, is to maintain a minimum of three months core running costs in reserve. In addition there is explicit provision made for any potential Redundancy and Notice liabilities. This is reviewed on an annual basis and for the financial year 2023-24, this amounted is set to £160,000. Our unrestricted reserves are held in the Talbot House Support Centre Fixed Rate Deposit account at the NatWest Bank.

The unrestricted funds in reserve are sufficient to meet short term operational costs and this enables the charity to cope with unplanned events. Very often, the effects of events can be managed in the long term, but the charity needs reserves in the meantime. The reserves policy takes into account the nature of the charity’s activities and the level of external risk perceived by the trustees. It will also depend on what other action the charity is taking to mitigate the effects of the external threats, as this will affect the level of risk.

The organisation will attempt to maintain an overall target level to accommodate any changes to service funding. We would take advantage of the notice periods on funding arrangements to allow us to remodel the service if required. The Trustees will review the level of reserves annually and monitor

4

Talbot House Support Centre

Trustees’ annual report

for the year ended 31 March 2024

during the course of the year as part of the charity’s budgetary process in line with guidance issued by the Charity Commission.

Plans for the future

Our 2023-26 business strategy has four key aims to:

The focus for 2023 – 2026 will retain the four key aims but with an increased emphasis on the financial sustainability of the organisation.

Structure, governance and management

Trustees are recruited through advertising with the local volunteer bureau or at the recommendation of other trustees/supporters of Talbot House. The process for becoming a trustee is an informal interview where the prospective trustee is provided with a role description and their interests and commitment are discussed. Trustees are then elected by the board having first been proposed by one of them. No other external person or body is entitled to appoint trustees.

The organisation is a charitable company limited by guarantee, incorporated on 28[th] September 2009 and registered as a charity on 17th November 2009.

The 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 charitable objects were amended and approved November 19 2018 in order to allow Talbot House Support Centre to best meet the needs of parent carers in the future.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

All trustees give their time voluntarily and receive no benefits from the charity. In the financial year 2023/24 there were no expenses paid to our trustees. Any expenses reclaimed from the charity are set out in note 12 to the accounts.

Remuneration policy for key management personnel

In setting the pay for the charity’s key management and personnel, we use the Local Authority pay scales as guidance. However please note none of our key management staff have received any significant pay rise or increment for several years.

5

Talbot House Support Centre

Trustees’ annual report

for the year ended 31 March 2024

Risk management

Talbot House has a risk management policy which is reviewed annually. This sets out the major risks to the charity and details the actions required in the event of any of these risks becoming reality. In addition at every board meeting the financial risks are reviewed using the treasurer’s report and cashflow to anticipate and take timely action in the event of financial risks. All required policies are in place and reviewed annually and updated as required.

Funds held as custodian trustee on behalf of others

No funds held

6

Talbot House Support Centre

Trustees’ annual report

for the year ended 31 March 2024

Statement of responsibilities of the trustees

The trustees (who are also directors of Talbot House Support Centre for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

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

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

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.

The trustees’ annual report has been approved by the trustees on //2024 and signed on their behalf by

Paul Cassidy (Chair)

7

Independent examiner’s report

to the trustees of

Talbot House Support Centre

I report to the charity trustees on my examination of the accounts of the company for the year ended 31[st] March 2024 which are set out on pages 9 to 23.

Responsibilities and basis of report

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

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

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 accounts do not accord with those records; or

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

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

Jennifer Daniel FCCA DChA

Slade & Cooper Limited Beehive Mill, Jersey Street Manchester, M4 6JG

03 September 2024

8

Talbot House Support Centre

Statement of Financial Activities

(including Income and Expenditure account) for the year ended 31 March 2024

Unrestricted
funds
Note
£
Income from:
Donations and legacies
3
10,248
Charitable activities:
4
Support Centre
204,580
5
2,359
Investments
6
3,111
Total income
220,298
Expenditure on:
Charitable activities:
7
Support Centre
161,654
Total expenditure
161,654
9
58,644
Transfer between funds
(3,111)
Net movement in funds for the year
55,533
Reconciliation of funds
Total funds brought forward
142,575
Total funds carried forward
198,108
Other trading activities
Net income/(expenditure) for the
year
Restricted
funds
£
-
91,901
-
-
91,901
104,936
104,936
(13,035)
3,111
(9,924)
48,754
38,830
Total funds
2024
£
10,248
296,481
2,359
3,111
312,199
266,590
266,590
45,609
-
45,609
191,329
236,938
Total funds
2023
£
7,951
360,413
859
464
369,687
335,081
335,081
34,606
-
34,606
156,723
191,329

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

9

Talbot House Support Centre Company number 07032063

Balance sheet as at 31 March 2024

Note
£
£
Fixed assets
Tangible assets
14
-
Total fixed assets
-
Current assets
Debtors
15
9,133
Cash at bank and in hand
234,164
Total current assets
243,297
Liabilities
Creditors: amounts falling
due in less than one year
16
(6,359)
Net current assets
236,938
Total assets less current liabilities
236,938
Net assets
236,938
The funds of the charity:
Restricted income funds
17
38,830
Unrestricted income funds
18
198,108
Total charity funds
236,938
2024
£
£
-
-
22,146
176,425
198,571
(7,242)
191,329
191,329
191,329
48,754
142,575
191,329
2023
£
£
-
-
22,146
176,425
198,571
(7,242)
191,329
191,329
191,329
48,754
142,575
191,329
2023
-
191,329
191,329
191,329
48,754
142,575
191,329

For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

The notes on pages 12 to 23 form part of these accounts.

Approved by the trustees on 15/08/2024 and signed on their behalf by:

Denise Price (Treasurer)

10

Talbot House Support Centre

Statement of Cash Flows for the year ended 31 March 2024

Note
2024
£
Cash provided by/(used in) operating activities
20
54,628
Cash flows from investing activities:
Dividends, interest, and rents from investments
3,111
Purchase of tangible fixed assets
-
Cash provided by/(used in) investing activities
3,111
Cash provided by/(used in) financing activities
-
57,739
Cash and cash equivalents at the beginning of the year
176,425
Cash and cash equivalents at the end of the year
234,164
Increase/(decrease) in cash and cash
equivalents in the year
2023
£
27,432
464
-
464
-
27,896
148,529
176,425

11

Talbot House Support Centre

Notes to the accounts for the year ended 31 March 2024

1 Accounting policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a Basis of preparation

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 (FRS 102), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Accounting Practice.

Talbot House Support Centre meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b Preparation of the accounts on a going concern basis

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

c Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.

Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.

12

Talbot House Support Centre

Notes to the accounts for the year ended 31 March 2024 (continued)

d Interest receivable

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

e Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

f Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

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

g Tangible fixed assets

Individual fixed assets costing £1000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

Asset Category Annual rate Equipment 33%

h Debtors

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

13

Talbot House Support Centre

Notes to the accounts for the year ended 31 March 2024 (continued)

i Cash at bank and in hand

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

j Creditors and provisions

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

k Pensions

Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity’s contribution is restricted to the contributions disclosed in note 10. There were no outstanding contributions at the year end.

The money purchase plan is managed by NEST Plc and the plan invests the contributions made by the employee and employer in an investment fund to build up over the term of the plan a pension fund which is then converted into a pension upon the employee’s normal retirement year age when eligible for a state pension. The trust has no liability beyond making its contributions and paying across the deductions for the employee’s contributions. There were no contributions outstanding at the year-end.

2 Legal status of the charity

The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is disclosed on page 1.

3 Income from donations and legacies

Donations
Total
Unrestricted
£
10,248
10,248
Restricted
£
-
-
Total 2024
£
10,248
10,248

14

Talbot House Support Centre

Notes to the accounts for the year ended 31 March 2024 (continued)

Income from donations and legacies continued

Donations
Total
4
Income from charitable activities
Garfield Weston
Manchester City Council
National Lottery Community Fund - Thrive
Our Manchester
Other small grants
Total
Garfield Weston
Household Support Fund
Manchester City Council
Other small grants
Total
Previous reporting period
Previous reporting period
National Lottery Community Fund -
Awards for All
National Lottery Community Fund -
Thrive
Unrestricted
£
7,951
7,951
Unrestricted
£
20,000
135,026
-
40,000
9,554
204,580
Unrestricted
£
20,000
-
162,052
-
-
4,550
186,602
Restricted
£
-
-
Restricted
£
-
-
87,500
-
4,401
91,901
Restricted
£
-
62,150
-
8,000
87,500
16,161
173,811
Total 2023
£
7,951
7,951
Total 2024
£
20,000
135,026
87,500
40,000
13,955
296,481
Total 2023
£
20,000
62,150
162,052
8,000
87,500
20,711
360,413

15

Talbot House Support Centre

Notes to the accounts for the year ended 31 March 2024 (continued)

5 Income from other trading activities

Fundraising
Other
All income from other trading activities is unrestricted.
Investment income
Income from bank deposits
All investment income is unrestricted.
Analysis of expenditure on charitable activities
Staff costs
Project costs
Depreciation
Admin
Premises costs
Small grants expenditure
Governance costs (see note 8)
Restricted expenditure
Unrestricted expenditure
2024
£
1,707
652
2,359
2024
£
3,111
3,111
Total 2024
£
202,228
22,402
-
26,702
12,764
454
2,040
266,590
2024
£
104,936
161,654
266,590
2023
£
649
210
859
2023
£
464
464
Total 2023
£
189,500
21,932
2,598
26,092
29,471
63,544
1,944
335,081
2023
£
162,607
172,474
335,081

6 Investment income

7 Analysis of expenditure on charitable activities

16

Talbot House Support Centre

Notes to the accounts for the year ended 31 March 2024 (continued)

8 Analysis of governance costs

Accountancy services
9
Net income/(expenditure) for the year
This is stated after charging/(crediting):
Depreciation
Accountancy fees
Payroll bureau and other fees
10
Staff costs
Staff costs during the year were as follows:
Wages and salaries
Social security costs
Pensions
Other staff costs
Independent examiner's fee
Total 2024
£
2,040
2,040
2024
£
-
1,175
525
1,008
2024
£
188,099
10,108
2,472
1,549
202,228
Total 2023
£
1,944
1,944
2023
£
2,599
1,296
648
-
2023
£
178,378
9,578
1,544
-
189,500

No employees has employee benefits in excess of £60,000 (2023: Nil).

The average number of staff employed during the period was 10 (2023: 9).

The key management personnel of the charity comprise the trustees and the two principal staff noted on page 1. The total employee benefits of the key management personnel of the charity were £60,965 (2023: £58,062).

17

Talbot House Support Centre

Notes to the accounts for the year ended 31 March 2024 (continued)

11 Trustee remuneration and expenses, and related party transactions

Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year (2023: Nil).

No members of the management committee received travel and subsistence expenses during the year (2023:£Nil).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2023: nil).

12 Government grants

The government grants recognised in the accounts were as follows:

Manchester City Council 2024
£
135,026
135,026
2023
£
162,052
162,052

13 Corporation tax

The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

18

Talbot House Support Centre

Notes to the accounts for the year ended 31 March 2024 (continued)

14 Fixed assets: tangible assets

Building
improvements
Cost
£
28,557
Additions
-
Disposals
-
28,557
Depreciation
28,557
Charge for the year
-
Disposals
-
28,557
Net book value
-
-
15
Debtors
Trade debtors
Prepayments and accrued income
16
Creditors: amounts falling due within one year
Short term compensated absences (holiday pay)
Taxation and social security costs
Other creditors and accruals
At 31 March 2023
At 1 April 2023
At 31 March 2024
At 1 April 2023
At 31 March 2024
At 31 March 2024
Website
£
10,092
-
-
10,092
10,092
-
-
10,092
-
-
2024
£
7,789
1,344
9,133
2024
£
-
3,182
3,177
6,359
Equipment
£
21,128
-
-
21,128
21,128
-
-
21,128
-
-
2023
£
22,146
-
22,146
2023
£
3,161
2,136
1,945
7,242
£
59,777
-
-
Total
59,777
59,777
-
-
59,777
-
-

19

Talbot House Support Centre

Notes to the accounts for the year ended 31 March 2024 (continued)

17 Analysis of movements in restricted funds

Support Centre
Co-op Fund
Pampering income
Parent Grants
Sing and sign
Winter Wellness Fund
Total
Support Centre
Household Support Fund
Kitchen Project
Pampering income
Parent Grants
Sing and sign
The Tudor Trust
We Love Manchester
Winter Wellness Fund
Other small grants
Total
National Lottery – Awards
for All
National Lottery –
Community Fund
Previous reporting period
Barchester Charitable
Foundation
National Lottery – Awards
for All
National Lottery –
Community Fund
Balance at
1 April
2023
£
-
-
7,120
38,698
1,310
331
1,126
169
48,754
Balance at
1 April
2022
£
-
-
-
34,604
-
-
2,735
2,000
101
-
-
39,440
Income
£
1,000
1,000
-
87,500
1,545
856
-
-
91,901
Income
£
62,150
10,000
8,000
87,500
1,310
1,951
-
-
-
2,550
350
173,811
Expenditure
£
(1,000)
(828)
(6,987)
(88,091)
(5,966)
(856)
(1,039)
(169)
(104,936)
Expenditure
£
(60,400)
(10,000)
(880)
(83,406)
-
(1,620)
(1,609)
(1,886)
(75)
(2,381)
(350)
(162,607)
Transfers
£
-
-
-
-
3,111
-
-
-
3,111
Transfers
£
(1,750)
-
-
-
-
-
-
(114)
(26)
-
-
(1,890)
Balance at
31 March
2024
£
-
172
133
38,107
-
331
87
-
38,830
Balance at
31 March
2023
£
-
-
7,120
38,698
1,310
331
1,126
-
-
169
-
48,754

20

Talbot House Support Centre

Notes to the accounts for the year ended 31 March 2024 (continued)

17 Analysis of movements in restricted funds (continued)

Barchester Charitable Foundation: Provide us with a grant for wellbeing events for the older parent carers we support including a daytrip out.

Co-op Fund: Funding for our Monthly Carers Lunch events (9) for our service users to enjoy.

Household Support Grant: We worked with Macc Charity to distribute a £400 grant to needy families over the winter period.

Kitchen Project: The Screwfix Foundation and We Love Manchester Charity funded new kitchen/office building work at Talbot House.

National Lottery – Award for All Grant: Funds various parent carer wellbeing events/daytrips throughout 2023.

National Lottery – Community Fund: Funds our THRIVE project for 3 years (2021>2024)

Pampering income: This is income from subsidised treatments provided to our service users at a low cost. This income offsets our Pamper Service expenses.

Parent Grants: These are various grants we receive to purchase equipment/services for our service users.

Sing & Sign: This is a weekly evening parent carer event funded by ‘NHS - Greater Manchester Mental Health - Manchester Wellbeing Fund’ & ‘Greater Manchester Police – ARIS Fund’.

One Manchester – Winter Wellness Fund: Funds various parent carer events over the winter period.

18 Analysis of movement in unrestricted funds

General fund
General fund
General fund
Name of
Previous reporting period
Balance
at 1 April
2023
Income
Expenditure
Transfers
As at 31
March 2024
£
£
£
£
£
142,575
220,298
(161,654)
(3,111)
198,108
142,575
220,298
(161,654)
(3,111)
198,108
Balance
at 1 April
2022
Income
Expenditure
Transfers
Balance at
31 March
2023
£
£
£
£
£
117,283
195,876
(172,474)
1,890
142,575
117,283
195,876
(172,474)
1,890
142,575
Description, nature and purposes of the fund
The free reserves after allowing for all designated funds
As at 31
March 2024
£
198,108
198,108
Balance at
31 March
2023
£
142,575
142,575

21

Talbot House Support Centre

Notes to the accounts for the year ended 31 March 2024 (continued)

19 Analysis of net assets between funds

Tangible fixed assets
Net current assets/(liabilities)
Total
General
fund
£
-
198,108
198,108
Restricted
funds
£
-
38,830
38,830
Total
£
-
236,938
236,938

20 Reconciliation of net movement in funds to net cash flow from operating activities

Net income/(expenditure) for the year
Adjustments for:
Depreciation charge
Dividends, interest and rents from investments
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating
2024
£
45,609
-
(3,111)
13,013
(883)
54,628
2023
£
34,606
2,599
(464)
(8,208)
(1,101)
27,432

22

Talbot House Support Centre

Notes to the accounts for the year ended 31 March 2024 (continued)

21 Prior year Statement of Financial Activities (including Income and Expenditure account)

Unrestricted
funds
£
Income from:
Donations and legacies
7,951
Charitable activities:
Support Centre
186,602
859
Investments
464
Total income
195,876
Expenditure on:
Raising funds
-
Charitable activities:
Support Centre
172,474
Total expenditure
172,474
23,402
-
-
23,402
Transfer between funds
1,890
25,292
Reconciliation of funds
Total funds brought forward
117,283
Total funds carried forwa
142,575
Net
Net movement in
Other
Net
Realised gains/(losses) on
Unrealised gains/(losses)
Restricted
funds
£
-
173,811
-
-
173,811
-
162,607
162,607
11,204
-
-
11,204
(1,890)
9,314
39,440
48,754
Total funds
2023
£
7,951
360,413
859
464
369,687
-
335,081
335,081
34,606
-
-
34,606
-
34,606
156,723
191,329
Total funds
2022
£
14,153
260,741
(45)
18
274,867
-
228,751
228,751
46,116
-
-
46,116
-
46,116
110,607
156,723

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

23