COMPANY REGISTII4TION NUMBER: 06962081
CHAIUTY REGISTRATION NUMBEIL. 1135723
Side by Side (Children) Limited
Company Limited by Guarantee
Financial Statements
30 April 2024
COHEN ARNOLD
Chartered accountants & statutory auditor
New Burlington House
1075 Finchley Road
LONtK)N
NWII OPU

Side by Side (Children) Limited
Company Limited by Guarantee
Financial Statements
Year ended 30 April 2024
Page
Trustees, annual report (incojporating the director's report)
Independent auditorfs report to the members
Statement of financial activities (including income and expenditure
account)
Statement of financial position
Statement of cash flows
10
11
12
Notes to the financial statements
13

Side by Side (Children) Limited
Company Limited by Guarantee
Trustees, Annual Report Oncorporating the Director's Report)
Year ended 30 April 2024
Th¢ trustees, who arc also the directors for thc purposes of company law. present their report and the
financial statement5 of the charity for the year ended 30 ApTiI 2024.
Reference and administrative details
Registered charity name
Charity registration number
Company registration number 06962081
Principal otrice and registered Avigdor Mews
office
Lordship Road
London
N16 OQJ
Mr J Margulies
Mr S S Sinitsky
Mrs H Z Weiss
Mr C M Margulies
Mr J Sorotzkin
Side by Side (Children) Limited
1135723
The trustees
Audilor
Cohen Arnold
Chartered accountants & statutory auditor
New Burlington House
1075 Finchley Road
LONDON
NWII OPU
Structure? governance and management
The charity is a company limited by guarantee and accordingly does not hav¢ a share capital. The
charity is governed by its Memorandum and Articles of Association dated 14 July 2009.
The trustees are responsible for overseeing the management of the school.
None of the trustees have any beneficial interest in the company.
None of the tr￿￿teeS are entitled to any remuneration for their services.
All new trustees undergo an induction programme that includes a briefing on their role and
responsibilities as well as general guidance as published by the Charities Commission.

Side by Side (Children) Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (eondnméd)
Year ended 30 April 2024
Objectives and activities
The objectives of the charity are:
a) The advancement of education primarily but not exclusively by establishing maintaining and
managing in the London Borough of Hackney a school for children with learning and sFcial needs.
b) The advancement of such other objects as are for the benefit of the public and are charitable
according to English law.
Mission
Side by Side's mission is to provide learning disabled children with an outstanding educatiorn in an
environment that allows them to achieve their personal best.
Actlvltles
Side by Side is a special school catering to Jewish children in London. As its name connotes, it was
founded to give children with special educational needs the opportunity to learn and play alongside
their mainstream peers, in the early years.
The Side by Side umbrella incorporates the following:
Side by Side Nursery for ages 2-5 years. The nursery encourages all the children to learn and play
together. 'side by side, irrespective of their needs. The nursery follows the guidance of the Early
Years Foundation Stage curriculum adapted as required to reflect the needs of the children. The
nursery classes have high staff: children ratio to ensure we can effectively support the children
whether they have an EHCP or not. To ensure that the children have the appropriate support, our
therapy tea tn provide advice and support into the nursery classrooms working alongside the teacher
and keyworkers.
In addition, we maintain links with the community therapists and medical
professionals from our local Child Development Centres.
Once children have their EHCPS, our in-house therapy team will provide direct intervention and work
with staff providing a holistic approach into their development.
Following a pause in accepting mainstream children due to the capacity in the old building, from
November 2022, we started to welcome back mainstream children into the nursery.
Side by Side Special School for 5 - 19 year olds, which encompasses"
The school offers two pathways for the pupils.
Children with complex and multiple needs are supported in their classes working on the Engagement
Framework. This programme delivers a sensory-based model to ¢nable the pupils to successfully
access learning at a level that is appropriate for them.
They are also offered specialisi programmes as appropriate e.g. attention autism, TacPac, Sensory
Stories, Story massage etc. For pupils who are able we will be supported through the delivery of a
semi-fomial cU￿1cUlUTn where they are learning a core curriculum, at a pace that helps them make
progress.
o Primary classes. focus on core skills (including numeracy and literacy). cross-curricular topic&
personal development and growth. Our children have an extremely wide range of capabilities and
disabilities and each pupil is helped to a¢hAeve their individual potential. Children in this age group
already are supported in the integration in community life through attending mainstream ￿hOOlS for

Side by Side (Children) Limited
Company Limited by Guarantee
Trustees, Annu941 Report Uncorporating the Director's Report) (tonlinued)
Year ended 30 April 2024
SOTne hours of the day.
o Secondary classes. whilst continuing to support pupils in their wre skills with a broad and well-
balanced curriculum which covers the gamul of subjects including numeracy, literacy. science, arts
and current affairs, we also increase the f￿uS on independent living skills. Pupils have the opportunity
to work towards national awards in these areas. for example ASDAN employability and youth awards.
This includes supporting the transition to adulthood through supported placements or 'work
experience, in community organisations and local businesses.
o Our 14 -19 provision is focused on developing independent living skills through functional skills
(literacy and numeracy) training, giving young people the skills to be able to engage and interact with
the wider community as they move into young adulthood. In the older classes there are increased
opportunities for attending off-site work experience opportunities which include, meal-on-wheels,
office work, shops and warehouse opportunities.
As part of the programme, the young people access local community facilities, continue with work
experience opportunities and life skills related l&qrning and accreditation.
Across the school, there is a high level of therapeuti¢ intervention which is integrated into each child's
programme, across all age groups which includes: Speech and Language Therapy, Occupational
Therapy* Physiotherapy and Music Therapy.
Physiotherapy is closely integrated into the sport curriculum, which is hugely popular across the
school. For secondary classes. after-school activities include additional sport. Obesity can frequently
be a problem for children with learning disabilities. Sport helps them develop pleasure in physical
activity and improves emotional and physical health. This is culminated with an annual sports day
which is enjoyed by all participants and spectators alike.
The school and nursery are staffed by a multi4isciplinary team of over 100 dedicated professionals
including team leaders, teachers, learning assistants and therapists who work closely with each other
and ihe parents to individually help all 105 students achieve the best ouicomes possible.

Side by Side (Children) Limited
Company Limited by Guarantee
Trnstees, Annual Report Oncorporating the Director's Report) (conlinued)
Year ended 30 April 2024
Achievements and perforniance
Side by Side h&8 worked with our 100 students and their families to ensure that each individual child
can develop and succeed at their own pace and reach their full potential in their educational and social
lives. All children made excellent progress against their Pupil Supwrt Plans.
For over 20 years, Side by Side has been providing a quality service to the community, with OFSTED
(July 2022) consistently grading the school as a 'Good' with many categories as outstanding, h&8 only
been possible through the dedication of our Headteacher. the Senior Management and the wonderful
staff who work, day-in-day-out to ensure the children have the opportunities they deserve.
November 2022 was a momentous moment in the school's history with th¢ move to our new
purpose-built school. The impact of the move has made a significant difference to the service and
programmes we offer the pupils as well as providing ihe learning environment that provides the
facilities as well as help Ihe general behaviour with the space they need and deserve. These facilities
will support fulure generations of children who will benefit from Side by Side.
At the same time, the team have remained focused on ensuring the school continues to develop the
provision. intervention models and services so they can the opportunities to thrive and reach their
potential. The growth of the sch¢x)l is looking at a level of over 400/0 for the new academic year
Autumn Term 2023. With this unprecedented growth the governing body and the executive leadership
team hav¢ been working to ensure that the level of management and staffing is in place that the level
of service is maintain for all pupils. We continue to work with our parent body and the wider
community to engage them in all aspects of the school. We have introduced a parent governor to the
board which has been a valuable additional contribution to the l)oard.
Financial review
The charity made a loss this year of £574,473.
The Trustees are confident that sufficient funds will be made available to ensure the continued smooth
running of the school.
Reserves policy
The trustees aim to hold free reserves of between 3 and 6 months (but no more than 12 months)
operating costs in order to protect services and ensure adequate cashflow for the organisation's
financial needs. As at 30th April 2024 the organisation held unrestricted funds of £4,318 (2023:
unrestricled funds of £578,791).
The decrease in reserves is due to additional expenses incurred during the year du¢ to the move into
the new building and as the %hool has not yet reached full capacity, the income is lower than what can
be expected for future years as the school grows.
Plans for future periods
We will continue to ensure that the school h&s the finance and resources available to ensure the
high-quality educational provision for all the children.

Side by Side (Children) Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 April 2024
Trustees, responsibilities Statement
The trustees, who are also directors for the purposes of company law, are responsible for preparing the
trustees, 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 charity trllstees to prepare financial statements for each year which give a
true and fair view of the state of affairs of the charitable company and the incoming resources and
application of resources, including the income and expenditure, for that period.
In preparing these financial statements, the trustees are required to..
select suitable accounting policies and then apply them consistently,
observe the methods and principles in the applicable Charities SORP;
make judgments and accounting estimates that are reasonable and prudent.
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements;
prepare the financial statements on the going concem basis unles5 it is inappropriate to presume
that the charity will continue in business.
The tr￿teeS are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financial
position of the charity and enable them lo ensure that the financial statements comply with ihe
Companies Act 2006. They are also responsible for safeguarding the &ssets of the charity and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Audltor
Each of the persons who is a t￿￿le¢ at the date of approval of this report confimis that:
so far as they are aware, there is no relevant audit infomiation of which the charity's auditor is
unaware; and
they have taken all steps that they ought to have taken as a trustee to make themselves aware of
any relevant audit infonnation and to establish that the charity's auditor is aware of that
infonnation.
The truste¢s' annual report and the strategic r¢p)rt were approved on 14 November and signed on
behalf of the board of trustees by:
Mr J Sorolzkin
Trustee

Side by Side (Children) Limited
Company Limited by Guarantee
Independent Auditor's Report to the Members of Side by Side (Children) Limited
Year ended 30 April 2024
Opinion
We have audited the financial statements of Side by Side (Children) Limited (the 'charity') for the year
ended 30 April 2024 which comprise the statement of financial activities (including income and
expenditure account), statement of financial position, statement of cash flows and the related notes,
including a summary of significant accounting policies. The financial reporting framework that has
been applied in their preparation is applicable law and United Kingdom Accounting Standards,
including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland
(United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the slate of the charity's affairs as at 30 April 2024 and of its
incoming resources and application of resources, including its income and expenditure, for the
year then ended:
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice;
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK))
and applicable law. Our responsibilities under those standards are further described in the auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of
the charity in accordance with the ethical requirements that are relevant to our audit of the financia]
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relAting to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have perfornied, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the charity's
ability to continue as a going concern for a period of at least twelve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the tr￿SteeS with respect to going concern are described
in the relevant sections of this report.

Side by Side (Children) Limited
Company Limited by Guarantee
Independent Auditor's Report to the Members of Side by Side (Children) Limited
{eo*rtnued)
Year ended 30 April 2024
Other information
The other inforniation comprises the inforniation included in the annual reporL other than the financial
statements and our auditor's report thereon. The Irustees are responsible for the other information. Our
opinion on the financial statements does not cover the other infonnation and, except to the extent
otherwise explicitly stated in our report, we do not express any fonn of assurance conclusion theTeon.
In connection with our audit of the financial statements, our responsibility is to read the other
infomiation and, in doing so, consider whether the other inforn]ation is materially inconsistent with the
financial statements or our knowledge obtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misstatements, we are
required to deterniine whether there is a material misstatement in the financial statements or a material
misstatement of the other information. Ef, based on the work we have perfornied, we conclude that
there is a material misstatement of this other infonnation, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2(N)6
In our opinion, based on the work undertaken in the course of the audit:
the inforniation given in the trustees, report for the financial year for which the fjnancial
statements are prepared is consistent with the financial statements. and
the trustees, report has been prepared in accordance with applicable legal requirements.
Matters on which we Ydre required to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the
course of the audit, we have not identified material misstatements in the trustees, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act
2006 requires us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not been
received from branches not visited by us. or
the financial statements are not in agreement with the accounting records and Tetums. or
certain disclosures of trustees, remuneration specified by law are not made. or
we have not received all the inforn]ation and explanations we require for our audit.

Side by Side (Children) Limited
Company Limited by Guarantee
Independent Auditor's Report to the Members of Side by Side (Children) Limited
(conllnued)
Year ended 30 April 2024
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statemenL the trustees (who are also the
directors for the purposes of company law) are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view, and for such internal control as
the trustees detemiine is necessary to enable the preparalion of financial statements that are free from
material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to
continue as a going concern, disclosing, as applicable, matters related to going concern and using the
going concern basis of accounting unless the Irustees either intend to liquidate the charity or to cease
operations, or have no realistic alternative but to do so.
Audltor's responsibllltles for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statemenls as a whole
are free from material misstatement. whether due to fraud or error, and to issue an auditor's report thal
includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an
audit conducied in accordance with ISAS (UK) will always detect a material misstalement when it
exists. Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on
the basis of these financial statements.
I￿egUlarities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, oullined above, to detect material misstatements in respect
of irregularities, including fraud. The extent to which our procedures are capable of detecting
irregularities, including fraud is detailed below:
We obtained an understanding of the legal and regulatory frameworks that are applicable to the
charity through discussion with the trustees and identified financial reporting legislalion and charity
legislation as being most significant to these financial statements.
We communicated these identified frameworks amongst our audit team and remained alert to any
indications of non-compliance throughout the audit. We ensured that the engagement team had
sufficient competence and capability to identify or recognise non-compliance with the laws and
regulations.
We discussed with ihe trustees the policies and procedures regarding compliance with these legal and
regulatory frdmeworks.
We assessed the susreptibility of the charity's financial statcments to material misstatement due to
non-compliance with legal and regulatory frameworks. including how fraud might occur. by enquiry
with the trustees during the planning and finalisation phases stages of our audit. The susceptibility to
such material misslatement was determined to be low.
Based on this understanding. we designed our audit procedures to identify non-compliance with the
identified legal and regulatory frameworks, which were part of our procedures on the related financial
statement iteTns.

Side by Side (Children) Limited
Company Limited by Guarantee
Independent Auditor's Report to the Members of Side by Side (Children) Limited
Year ended 30 April 2024
As part of an audit in accordance with ISA5 (UK). we exercise professional judgmenl and maintain
professional scepticism throughout the audit. We also:
Identlfy and assess the risks of material misslatement of the financial statements, whether due to
fraud or error, design and perfonn audit procedures responsive to those risks, and obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
detecting a material misstatement resulting from fraud is higher than for one resulting from error,
&s fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the
override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of ihe internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the truslees, use of the going concern basis of accounting
and. based on the audit evidence obtained, whether a material uncertainty exists related to events
or conditions that may cast significant doubt on the charity's ability to continue &s a going
oncern. If we conclude that a material uncertainty exists, we are required to draw attention in
our auditor's report to the related disclosures in the financial statements or, if such disclosures are
inadequate, to modify OUT opinion. Our conclusions are based on the audit evidence obtained up
to the date of our auditor's report. However, future events or conditions may cause the charity to
cease lo continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including the
disclosures, and whether the financial statements represent the underlying transactions and events
in a manner that achieves fair presentation.
We ¢ommuni¢ate with those charged with governance regarding, among other matters, the planned
scope and timing of the audit and significant audit findings, including any significant deficiencies in
internal Control that we identify during our audit.
Use of our report
This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16
of the Companies Act 2006. Our audit work has been undertaken so that we rnight state to the charity's
memkrs those matters we are required to state to them in an auditor's report and for no other purpose.
To the fullest extent pern]itted by law, we do not accept or assume responsibility to anyone other than
the charity and the charity's members as a body, for our audit work, for this report, or for the opinions
we liave f
Cohen Arnold
Chartered accountants & statutory auditor
New Burlington House
1075 Finchley Road
LONDON
NWI I OPU
14 November 2024

Side by Side (Children) Limited
Company Limited by Guarantee
Statement of FinaDcig1 Activities
(including income and expenditure account)
Year ended 30 April 2024
2024
Restricted
funds Total funds Total funds
2023
Unrestricted
funds
Note
Income and endowments
Donations and legacies
Charitable activities
Investment income
532,109
2,674,080
674
649,320
1,181,429
722,110
2,674,080 2,287,171
674
415
Total Income
3,206,863
649,320
3,856,183
3,009,696
Expendlture
Expenditure on raising fvnds:
Costs of raising donations and
legacies
Expenditure on charitable activities
Total expenditure
77,495
9,10 3,703,841
3,781,336
77,495
4,353,161
4,430,656
44,498
3,182,701
3.227,199
649.320
649.320
Net expenditure and net movement in
funds
(574,473)
(574,473) (217,503)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
578,791
4,318
578.791
796,294
4,318
578,791
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The ts0t￿ on Pag￿ 13 tt) 22 form part octhese fill4n¢i*l statements.
io

Side by Side {ChildreD) Limited
Company Limited by Guarantee
Statement of Financial Position
30 April 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
Current Assets
Debtors
Cash at bank and in hand
16
24,216
28,489
17
1,119,546
778,277
1,897,823
18 1,901,488
(3,665)
20,551
1,715,231
47,139
1.762,370
1,187,235
575,135
603,624
24,833
578,791
Creditors: amounts falling due within one year
Net current liabllltles
Total assets less current liabllltles
Creditors: amounts falling due after more than one year
Net assets
19
16,233
4,318
Funds of the charity
Unrestricted ￿ndS
4,318
4,318
578,791
Total charity funds
21
578,791
These financial statements were approved by the board of trustees and authorised for issue on 14
November 2024, and are Signed on behalf of the board by:
Mr J Sorotskin
Trustee
The notes on pages 13 to 22 form part of thue financial st&tements.
li

Side by Side (Children) Limited
Company Limited by Guarantee
Statement of Cash Flows
Year ended 30 April 2024
2024
2023
Cash floivs from operating activities
Net expenditure
Adjustmentsfor..
Depreciation of tangible fixed assets
Other interest receivable and similar income
Interest payable and stmilar charges
Accrued (income)/¢xpenses
Changes in..
Trade and other debtors
Trade and other creditors
(574.473) (217,503)
4,273
(674)
783
(7,802)
20,987
(415)
1,032
41,514
595,685
723.455
(52,342)
210,043
3.316
Cash generaled from operations
Interest paid
Interest received
741,247
(783)
674
(1.032)
415
Net cash from operating activities
741,138
2,699
Cash flows from financing actlvltles
Proceeds from borrowings
Net cash used in financing activities
( i 0,000)
( i 0,000)
( i o,(w))
(i 0.000)
Net increasel(decreAse) in cash and cash equivalents
Cash and Cash equivalents at beginning of yeydr
Cash and cash equivalents at end of year
731,138
47,139
778,277
(7,301)
54,440
47,139
Tb¢ notes on pages 13 to 22 forni part of these fiTr*neial statements.
12

Side by Side (Children) Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 April 2024
General information
The charity is a public benefit entity and a private company limited by guarantee, regisfrred in
England and Wales and a registered charity in England and Wales. The address of the registered
office is l O Craven Walk, London, N16 6BT.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republi¢ of Ireland,, the Statement of
Recommended Practice applicable to charities preparing iheir accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and th¢ Companies Act 2006.
Accountlng policies
Basis of preparatlon
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expendiluTe.
The financial statements are prepared in sterling. which 15 the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
The loss this year is due to an adjustment in the invoicing period resulting in there being less than
twelve months fees. The next financial year will include full twelve months of fees.
Judgements and key sources of estimation uncertainty
In the application of the charity's accounting policies, the Trustees are required lo make
judgements, estimates and assumptions about the carrying amounts 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 if the revision
affects only that period. or in the period of the revision and fulure periods if the revision affects
both current and futur¢ periods.
The Trustees do not consider there are any critical judgements or sources of estimation
uncertainty requiring disclosure beyond the accounting policies listed below.
Fund accounting
Unrestricted funds are available for we at the discretion of the trustees to further any of the
charity's purposes.
Designated funds 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 tems of an appeal, and fall into one of two sub-classes: restricted incotne funds or
endowment funds.
13

Side by Side (Children) Limited
Company Limited by Guarantee
Notes to the Financial Statements {coftllnued)
Year ended 30 April 2024
Accounting policies (cdnlinued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement h&8
passed to the charity. it is probable that the economic benefits &8sociated with the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to th¢
gift, receipt is probable and its amount can be measured reliably.
legacy income is recogmised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to rneasure reliably, in which case the value is derived frorn the cost lo the
donor or the estimated resale value. Donated facilities and services are recognised in the
accounts when received if the value ran 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
contracled service. This is classified as unrestricted funds unless there is a cOntrac￿al
requirement for it to be spent on a particular purpose and returncd if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accnols b&8is as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the slatement 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
activitie5.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a Single activity are allocated directly to that activity. sh￿ed cost5 are apportioned
between the activities they contribut¢ to on a reasonable, justifiable and consistent 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 impairnient losses.
14

Side by Side (Children) Limited
Company Limited by Guarantee
Notss to the Financial Statements (conlinuedj
Year ended 30 April 2024
Accounting policies (COAIIAued)
Tangible assets (eomtlxued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairn]ent that has previously been
recognised as expenditure within the statemenl of financial activities. A decrease in the carrying
amount of an &sset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statemenl of financial activities.
Depreclatlon
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 thal &sset as follows:
Freehold property
20 % straight line
Fixtures and fittings
15% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recov¢rable
amount being estimated where such indicators exisl. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairn]ents are also reviewed for
possible reversal at each reporting date.
For the purposes of impainnent testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The cash-generating unit is the smallest
identifiable group of assets that includes the asset and generates cash inflows that largely
independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generdling units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
FiDancig1 Instruments
A financial asset or a financial liability is recognised only when the charity 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.
Cu￿ent assets and current liabilities are subsequently measured at the cash or other consideration
expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otheTwise be measured
reliably. the investment IS 5ubsequ¢ntly measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impairnient.
15

Side by Side (Children) Limited
Company Limited by Guarantee
Notes to the Financial Statements (coiitinued)
Year ended 30 April 2024
Accounting policies fconilnued)
Financial instruments (¢onllNMtd)
Other financial instruments, including derivatives, are initially recognised at fair value. unless
payment for an &8set is deferred beyond norn)al business temis or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently m&2sured at fair value, with any changes recognised
in the statement of financial activities, with the exception of hedging instruments in a designated
hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairnient at the end of each reporting date. If there is objective evidence of impairnient, an
impairnient loss is recognised under the appropriate heading in the staternent of financial
activities in which the initial gain was recognised.
For all 4Uity instruments regardless of significance, and other financial &ssets that are
individually significant, these are assessed individually for impairnient. Other financial &ssets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of irnpairnienl are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceed5 what the carrying amount would
have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are reCO￿lSed &8 an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent that
the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related service, the liability is measured on a
discounted present value basis, The unwinding of the discount is recognised as an expense in the
period in which it arises.
Limited by guarantee
Side by Side (Children) Limited is a registered charity and a company limited by guarantee.
Donations and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donations
General Donations
421,876
535,000
956,876
Grants
Grants receivable
110,233
114,320
224,553
532,I09
649,320
1.181,429
16

Side by Side (Children) Limited
Company Limited by Guarantee
Notes to the Financial Statements (coNlinHedJ
Year ended 30 April 2024
Donations and legacies (eonrfnM¢d)
u￿¢strIcted Restricted Total Funds
Funds
Funds
2023
Donations
General Donations
614,818
614,818
Grants
Grants receivable
53,250
54,042
107,292
668,068
54,042
722.110
Charitable activities
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Government income
User fees
2,504,990
169.090
2,504,990
169,090
2,184,771
102,400
2.184,771
102,400
2,674,080
2,674,080
2,287,171
2,287,171
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest receivable
674
674
415
415
Costs of raising donations and legficles
Unrestricted Tot21 Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Costs of raising donations and legacies
- Events
77,495
77,495
44,498
44,498
17

Side by Side (Children) Limited
Company Limited by Guarantee
Notes to the Financial Statements (ctsnlinued)
Year ended 30 April 2024
Expenditure on charitable activities by fund type
Unrestricted
Funils
Restricted Total Funds
Funds
2024
Side by Side School
Support costs
3,696,041
7,800
649,320
4,345,361
7,800
3,703,841
649,320
4,353,161
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Side by Side School
Support costs
3,114.659
6,000
3,120,659
62,042
3,176,701
6,000
62,042
3,182,701
10. Expenditure on charitable activities by activlty type
Activities
undertaken Grant funding
directly of activities Support costs
Total funds
2024
Total fund
2023
Side by Side Sch{￿1
Governance costs
3,810,361
535,000
4,345,361
7,800
4,353,161
3,176,701
6,￿0
7,800
3,810,361
535,000
7,800
3,182,701
11. Analysis of grants
2024
2023
Grants to instilutions
Grants to institutions
535,000
535,000
Total grants
12. Net expenditure
Net expenditure is stated after charging/(crediting):
2024
2023
Depreciation of tangible fixed assets
4,273
20,987
13. Auditors remuneration
2024
2023
Fees payable for the audit of the financial statements
7,500
7,500
18

Side by Side (Children) Limited
Company Limited by Guarantee
Notes to the Financial Statements (conlinmed)
Year ended 30 April 2024
14. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2024
2023
Wages and salaries
Social security Costs
Employer contributions to pension plans
2,333,489
128,955
26,803
2,489.247
2,072,153
117,534
26,462
2,216,149
The average head count of employees during the year was 168 (2023: 165).
The number of employees whose remuneration for the year fell within the following bands, were:
2024
2023
No.
No.
£1 00.000 to £109,999
Key Management Personnel
Key management personnel include all pe￿On5 that have authority and responsibility for
planning, directing and controlling the activities of the charity. The total compensation paid to
key management personnel for services provided to the charity was £1 15,383 (2023:£108,812).
IX Trustee remuneration and expenses
There was no remuneration paid to the trustees. The charity did not meet any individual
expenses incurred by the trustees for services provided to the charity.
16. Tangible fixed assets
Freehold Fixtures and
property
fittings
Total
Cost
At l May 2023 and 30 April 2024
Depreciatfion
At l May 2023
Charge for the year
At 30 April 2024
Carrying amount
At 30 April 2024
At 30 April 2023
169,735
76,958
246,693
169,735
48,469
4,273
52,742
218,204
4,273
222,477
169,735
24.216
24,216
28,489
28,489
19

Side by Side (Children) Limited
Company Limited by Guarantee
Notes to the Financial Statements (conlimued)
Year ended 30 April 2024
17. Debtors
2024
2023
Trade debtors
Prepayments and accrued income
Other debtors
31,123
34,106
1,054,317
1,119,546
493,951
16,963
1,204,317
1,715.231
l& Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
Trade creditors
Accruals and defe￿ed income
Social security and other taxes
Pension
Other Creditors
9,600
202,166
429,432
384,164
4,626
871,500
1,901,488
i 1,000
230,793
437,234
102,543
19,475
386,190
1,187,235
19. Creditors: amounts falling due after more than one year
2024
2023
Bank loans and overdrafis
16,233
24,833
20. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £26,803 (2023: £26,462).
20

Side by Side (Children) Limited
Company Limited by Guarantee
Notes to the Financial Statements (condhued)
Year ended 30 April 2024
21. Analysis of charitable funds
Unrestricted funds
At
l May 2023
At 30 April
2024
Income Expenditure
General funds
578,791
3,206,863 (3,781,336)
4,318
At
l May 2022
At
Income Expenditure 30 April 2023
General funds
788.294
2,955,654 (3,165.157)
578,791
Restrlcted funds
At
l May 2023
At 30 April
2024
Income Expenditure
Restricted Fund
649,320
(649,320)
At
l May 2022
At
Encome Expenditure 30 April 2023
Restricted Fund
8,000
54,042
(62,042)
21

Side by Side {Children) Limited
Company Limited by Guarantee
Notes to the Financial Statsments Itonllftued)
Year ended 30 April 2024
22. Analysis of net &8sets between funds
Unrestricted Tolal Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than l year
Creditors greater than l year
Net assets
24.216
24,216
1,897,823
1,897.823
(1,901,488) (1,901,488)
(16.233)
(16,233)
4,318
4,318
Unrestricted Total Funds
Funds
2023
Tangibl¢ fixed assets
Current assets
Creditors less than l year
Creditors greater than l year
Net assets
28,489
28,489
1,762,370
1,762,370
(1,187,235) (1,187,235)
(24,833)
(24,833)
578,791
578,791
23. Analysis of changes in net debt
At
At
l May 2023 Cash flows 30 Apr 2024
Cash at bank and in hand
Debt due within one year
Debt due after one year
47,139
(I 1,000)
(24,833)
11.306
731,138
1,400
8,600
778,277
(9,600)
(16,233)
752,444
741,138
24. Relvdted parties
Other debtors of £1,054,317 relates to a loan given to Side by Side School Ltd, a charity with
common trustees. This loan wa5 given in order to assist Side by Side Sch￿1 Ltd with the
purchase of the land and building of the new school.
Donations totalling £535,￿0 were paid during the year to Side by Side School Ltd.
22