CHILDREN FIRST FAMILY MEDIATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Registered Charity No. 1137385 Company Registration No. 07079246
CHILDREN FIRST FAMILY MEDIATION INDEX PAGE NUMBER CONTENTS TRUSTEES ANNUAL REPORT INDEPENDENT EXAMINERS REPORT STATEMENT OF FINANCIAL ACTllnTIES BALANCE SHEET 10 STATEMENT OF GASH FLOWS NOTES TO THEACCOUNTS FOR MANAGEMENT INFORMATION PURPOSES 18 TRADITIONAL INCOME AND EXPENDITURE ACCOUNT
CHILDREN FIRST FAMILY MEDIATION Report of the trustees for the year ended 31st March 2024 The trustees present their annual directors, report and financial statements of the charity for the year ended 31st March 2024 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the 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) issued on 1st January 2019. Objectives and activities The purposes of the charity are to preserve and protect the mental and physical health of children and adults by providing Sen41S directed towards mediation for people involved or likely to be involved in dispute, the break-up of marriage or inter-personal conflict and to relieve the needs of children and families during divor and separation through support work and the provision of advocacy and signposting. The main activities are a specialist not- for-profit family mediation service. The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the Charity's aims and objectives, in planning future activities, and setting the policies for the year. The charity furthers tts charitable purposes for the public benefit through reducing conflict between parents which benefits children. They also help parents to communicate more effectively and agree their own arrangements in future. Mediation which resolves financial matters reduces the burden on the state regarding child maintenance. A review of achievements major changes Following the °Rescue Plan" adopted in January 2023 the Servi has recovered well both in terms of increased referrals and a more secure financial situation. This plan consisted of Termination of full-time manager post and reappointment of Sheena Adam, Director Increased marketing Getting clients quickly into funded appointments Short tenn fundraising Increasing client fees (from 16112122 last raised in November 2021) The service continues to provide an online and telephone Servi to families. This was initiated due to the Covid 19 pandemic situation but has proved popular and will continue to be our main method of service delivery. It is like5y that some fomi of remote working will GontinuE a& it 8c¢ma to bo w¢ll lik¢d by Fli•nt in t•mi¥ of it fl¢xil)ility and time gavin8 properties. The Service regained its Legal Aid contract to provide mediation to low-income families and delivered a higher volume of legally aided work than in previous year mainly as more clients were in receipt of state benefits and so eligible for Legal Aid.
CHILDREN FIRST FAMILY MEDIATION The Mediation servi received 623 referrals in the past year which is an increase of 200h on the previous failing year.as well as a high volume of additional telephone enquiries where clients are given information and signposted to other ServIS A significant proportion of these enquiries continue to contain child protection issues where the service has to contact the relevant local authority Children's servIs Department and check that they are aware of the risk factors raised by the clients. Of those who go on to mediate 80 % reach some or full agreement. The servi routinely seeks feedback from clients and has numerous examples of positive comments such as. "I would recommend this company for any parent going through a difficult time with their ex- partner and childcare arrangements.. "Sheena and Liz were both great throughout and I couldn't have asked any more of them. Communication was great and quick with arranging meetings and moving things forward. Thank you both for your assistance throughout." The Service's contract with the Legal Aid Agency is reviewed annually through a rigorous check of a sample of files. This review was successful. and the servi gained a new 3-year contract in September 2018. This has been extended with retendering started in February 2024 with the outcome known by September 2024. Financial review The servi has the following sources of income going forward: a. The Legal Agency to provide mediation to those on low incomes and with limited savings. b. Direct client fees for those above the Legal Aid limit. These are charged on a sliding scale to make the Sendi as accessible as possible to those caught in the poverty trap where they re1ve just too much income to qualify for free mediation but have limited means andlor debts. The current year shows a surplus of £24,288 compared to a loss of £12,583 in the previous year. Income has increased by £24,283. Investment powers and policy Aside from retaining a prudent amount in reserves each year, most of the charity's funds are to be spent in the short tenn so there are few funds for any longer-term investment. Reserves policy and going concern The balance held in reserves at 315t March 2024 was £52,461 of which £51,913 are free reseNes. 2ft8r 2llowino for funds tied up in fixÈd 2ggÈtg. The trustees have set a reserves policy which requires: Reserves to be maintained at a level which ensures that CFFM'S core activity could continue during a period of unforeseen difficulty.
CHILDREN FIRST FAMILY MEDIATION A proportion of reserves be maintained in a readily realisable forni. The calculation of the required level of reserves is an integral form of the organisation's planning, budget and forecast cycle. It takes into account: Risks associated with each stream of income and expenditure being different from that budgeted. Planned activity level. The organisation's commitments such as staff salaries. The trustees consider that the level of reserves has now reached an acceptable level. Funds for expansion. The servi has been able to achieve a surplus but continues to need to increase income wherever possible to provide scope for expansion and investment in Servi improvements There are therefore still limited funds for expansion. Risk management There is a risk assessment policy in pla. The Directors have conducted a review of the risks facing the organisation. This is part of the review of the Seniice Business Plan. Where appropriate, systems or prOdureS have been established to mitigate the risks the charity fas. produreS are in place to ensure compliance with health and safety of staff. volunteers and visitors. Plans for Future Periods 1. Income and expenditure continue to be being monrtored on a monthly basis although there are no immediate concerns re viability and cashflow. 2. Marketing activity will continue with use of social media and revamp of our website if funds allow. 3. Short term small grants will be sought from Charitable trusts. Structure, governance and management Children First Family Mediation is a company limited by guarantee govemed by its Memorandum and Articles of Association dated 17 November 2009. It is registered as a charity with the Charrty Commission and is constituted under a trust deed dated 10 August 2010. Appointment of trustees As set out in the Articles of Association trustees are elected annually by the members of the charitable company attending the Annual General meeting and serve for a period of one year with one third re-elected annu4ally. Trustees are recruited through local natworkg, and the REACH (Retired Executives Organisation) on the basis of skills and knowledge required. Trustee induction and training Most trustees are a5ready familiar with the work of the charity as a result of longstanding connection with the organisation.
CHILDREN FIRST FAMILY MEDIATION Our two new trustees have attended meetings with the service director to familiarise themselves with the work of the charity. One is an experienced charity consultant and the other a family lawyer. Organisation The Organisation has a Board of Directors. There must be a minimum of three directors. There is no maximum number. The Board of Directors is responsible for the strategic direction of the organisation. A scheme of delegation is in pla and day to day responsibility for the provision of seNices rest with the senior management team. Two new trustees have bene recruited and this has injected new energy into the service. Related parties and co-operation with other organisations None of our trustees re1ve remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager with any Servi providers must be disclosed to the full board of twstees in the same way as any other contractual relationship with a related party. In the cuent year the self-employed senior manager. who is not a trustee, received fees totalling £3.000. Reference and administrative information Company and Charity Name: Children First Family Mediation. Charity Number.. 1137385 Company Registration Number. 07079246 Directors and trustees The directors of the charttable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and Sin the year end were as follows- Key management personnel: Trustees and Directors Jill Duffy (Director only, resigned December 2023) Sheena Adam Secretary (Director only) Carl Bradshaw Chair of Trustees (Trustee and Director. appointed trustee October 2023 and Director October 2024) Hannah Gaskell Trustee Olwashino Aluko Trustee (Trustee only, appointed October 2023) (Trustee only, appointed July 2024) Senior Manager Sheena Adam Reaistered Office Europa House 19 Barcroft Street Bury BL9 5BT
CHILDREN FIRST FAMILY MEDIATION Independent Examiners Community Accountancy Service Limited The Grange Pilgrim Drive Beswick Manchester M11 3TQ Bankers The Co-operative Bank plc 1 Balloon Street Manchester Professional Advisors Val Hewertson, supervisor
CHILDREN FIRST FAMILY MEDIATION Trustees, responsibilities in relation to the financial statements The charity trustees (who are also the directors of Children First Family Mediation for the purposes of company law) are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting practi). Company law requires the charty trustees to prepare financial statements for each year which give a true and fair view of the situation of the charitable company and of the incoming resources and application of resources. including the income and expendrture, of the charitable company for that period. In preparing the financial statements, the trustees are required to: Select suitable accounting principles and then apply them consistently., ObseNe the methods and principles in the applicable Charrties SORP. Make judgments and estimates that are reasonable and prudent; State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements., Prepare the financial statements on a going concem basis unless it is appropriate to presume that the charity will not continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charty and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. By order of the board of trustees Carl Bradshaw Chair Date.. 13th November 2024
Independent examiner's report to tbe trustees of CHILDREN FIRST FAMILY MEDIATION I report on the accounts of the company for the year ended 31 March 2024. which are set out on pages 8 to 17. st Respective responsibilities of trustees and examiner The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 201 l Act) and that an independent examination is needed. The charity is required by company law to prepare accrued accounts and I am qualified to undertake the examination by being a qualified member of The Association of Chartered Certified Accountants. Having satisfied myself that the charity is not subject to audit under company law and is ¢ligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 201 l Act . to follow the procedures laid down in the general Directions given by the Charity Commission under section 1450)) of the 2011 Act. and to state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the chartty and a comparison of the accounts presented with those records. It also includes consideration of any unusual itetns or disclosures in the accounts, and seeking explanations from you as tnjstees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination. no matter has come to my attention: (l ) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 386 of the Companies Act 2006. to prepare accounts which accord with the accounting records. comply with the accounting requirements of section 396 of the Companies Act 2006, ' and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met. or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. AM King FCCA Community Accountancy Service Ltd The Grange. Pilgrim Drive. Beswick. Manchester, MI 1 3TQ th Date: 13 November 2024
CHILDREN FIRST FAMILY MEDIATION TATEMENT OF FINANC LA TivrriES FOR TH 31 MARCH 2024 Inco and Ex nditure Ac YEA ENDED ludin Total Funds Total Funds Year Ended Year Ended Unrestricted Restricted 31st March 31st March Funds Funds 2024 2023 Further Details Income from: Donations and legacies Charitsble Activities Other Trading Activities Investment Income Other Total 131 {4) 151 128. 128.969 104,694 20 128,989 20 128,989 12 104,706 Expenditure on: Raising Funds Ch8ritable Activities Other Total 161 {61 161 1.089 103,599 13 104,701 1,089 103,599 13 104,701 274 117,002 13 117,289 Net incomel{expenditure) 24.288 24.288 112,5831 Transfers beeen funds 115) Net movement in funds 24,288 24.288 {12,583} Reconciliation of fvnds Total funds brought forward Total funds carrigd forward 1151 {151 28,173 52,461 28,173 52,461 40,756 28,173 The statement of financial actNitEs includes all gains and losses recc¥anised in Ihe year. AJI income and expendtlure derive from continuing activities. The notes on pages 11 to 17 form part of these accounts
CHILDREN FIRST FAMILY MEDIATION BALANCE SHEET AS AT 31 MARCH 2024 Company rggistratlon number. 07079246 2024 2023 Notes Fixed assets: Tangible assets Total fixed assets 548 548 644 644 Current assets: Debtors Cash at Bank & in Hand Totsl current assets {12} 27,823 33,020 60,843 15,580 20.425 36,005 Liabilities: Creditors.. Amounts falling due within one year (13) 8.930 8,476 Net current assets or liabilities 51.913 27,529 Total assets less current liabilrties 52.461 28,173 Total net assets or liabilities 52,461 28,173 The funds ofthe charity: Reslricled income funds {15} Unreslricled income funds {151 52,461 28.173 Total charity funds 52,461 28,173 For the year in quesb.on the company was entitled to the exemption from audrt under section 477 of the Companies Act 2006 relating to small companies. - The members have not required The company to obtsin an audit of its accounts for the year in question in accordan with section 476. - The directors acknowledge their responsibilit*s for complying vth the requirements of the Act with respect lo accounting recofds and the preparation of a¢xL)unts. These accounts have been prepared in accordance wth the provisions applicsble to companies subject lo the small companies, regime. Approved by the trustees on 13th November 2024 Carf Bradshaw Chair The notes on pages 11 to 17 fom part of these aixA)unts
CHILDREN FIRST FAMILY MEDIATION 10 Ststsment of Cash Flows for the year endlng 31 March 2024 Reconciliation of net movement in funds to net cash flow from operating actlvfties Year Ended Year Ended 31st March 31st March 2024 2023 Net movement in funds Add back depreuation Deduct investment income Decre8sel{increasel in debtors Increaselldecreasel in creditors 24,288 96 {12,583) 986 {12,243) 454 906 Net cash used in operating activities 12,595 (10,5031 Cash flows from investment actlvities: Interest Purchase of fixed assets Net cash provided by investing activitigs Increaselldecrease) in cash and cash equivalents durrng the year 12,595 110.5031 Cash and cash equivalents brought ft)rward 20.425 30,928 Cash and cash equivalents carried folrd 33.020 20,425
CHILDREN FIRST FAMILY MEDIATION 11 Notes to the accounts l. Accounting policle5 {al Basis of preparation and assessment of going concern The a¢counls {financial stalementsl have been prepared under the historical cost convention with items recognised at cost or transaction value unless Otherwise slated in the relevant notes to these accounts. The financial stsiemenls have been prepared in accordance with the Statement of Recommended Pract.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporbng Stsndard applicable in the UK and Republic of Ireland IFRS 1021 issued on 1st January 2019 and the Finanaal Reporb"ng Stsndard applicab in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. The charity constilules a public benefit entity as defined by FRS 102. The Iruslees consider that there a no material unrtaIntieS about the chanws ability to cOntinl as a going concem. Ib) Funds structure Reslricled funds are funds which are to be used in accordan spect[ restrictions imposed by the donor or trust deed. There is 1 reslricled fund. Unrestricted income funds comprise those funds which the tnjstees a free to use for any purpose in furtheran of the charitable objects. Unrestricted funds indLkle designated furAs there the tTUStees. at their discrelion. have created a fund for a specific purpose. Further detsils of each fund are discfosed in note 15. (cl Income recognitlon All income is recognised once the charity has entiyement to the income, it is probable that the income will be reiVed and the amount of income receivable can be measured reliabty. Donations are recognised when the charity has been noiffjed in wrtt¢ng of both the amount and settjemenl date. In th8 event that a donation is subject 10 condOnS that require a level of perf0mlan before the charity is entitled lo the funds, the income is deferred and not recognised until either those conditsons are fulty met. or the fulfilmenl of those conditions is wholly within the control of the charity and rt is probable that those corKlilbons will be fulfilled in the reporting period. Intetesl on funds held on deposit is induded when fecewabte and the amount ean be measured reliably by the charity.. this is normally upon nolificalion of the inleresl paid or payable by the bank. DivKlends are rewnised once the dividend has been declared and nokniion has been received of the dNidend due. Id} Expenditure Recognftlon Liabilities are recognised as expenditure as soon as there is a legal or constTuctive ebligalion committing the charity lo that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. Al expenses including support costs and govemance costs are allocated or apportioned lo the applicabk expenditure headings. For more information on th¢s attn"bution refer to note (Q below. (el Irrecoverable VAT Irrecoverable VAT is charged against this heading in the finanaal ststements. lfj Allocation of support and governance costs Support costs have been allocated be*n governan costs and other support costs. Governan costs comprise all costs involving the public accountability of the charity and its compliaft wlh regulab'on and good practice. These costs include costs related lo independent examination ad kgal fees t¢)gether wth an apportK)nment of overhead and support costs. Governance costs and support costs relabng to charitabie aciivities have been apportioned based on type of expens8. The allocation of support and governan costs is anatysed in note 8. Igl Costs of raising fvnds The costs of raising funds consists of costs requir&J to generate inco. (h} Charitable Attivities Costs of charitable activities include g0Veman costs and an appoonment of support costs as shown in note 7.
CHILDREN FIRST FAMILY MEDIATION 12 lil Tangible fixed assets and depreciation All assets costing more than £500 are capitslised and valued at historical cost. Depreciation is charged on the following basis.. Fixtures and Fittings Signage Computer Equipment 15% reducing balance 15% reduang balance 33.33% straight line {jl Reallsed galns and losses All gains and losses are taken to the Ststement of Finanaal Activitses as they arise. Realised gains and losses on investments are cal¢ulated as the differen bets¥een sales proceeds and their opening carrying value or their purchase value rf acquired subseqLient to the first day of the finanryal year. Unrealised gains and losses a calculated as the drffence beiween the fair value al the year end and their varying value. Realised and unrealised investment gains and losses are combined in the Ststement of Financtal Athites. Ikl Pensions The charity currently does not administer conlributsons lo a pension scheme. The tnjstees implemented an auto enrolment pension scheme from May 2017. The charity has no liability beyond making its contributions 2nd paying across the deductions for the employee's contn"butsons. {11 Debtors Trade and other debtors are re¢ognised at the setU8ment amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. {ml crltOrS and provisions Creditors and provisions a recogni5ed where the chartty has a present obligation resulting from a past event that wll probably result in the transfer of funds to a third paty and the amount due to sete the oblKJation can be measured or estimated reliably. Creditors and provisions are normalty recognised at their settfement amount afler allowing for any trade discounts due. 2. Relatsd party transa¢tions and trustses. exwnses and remuneration The trustees all give freely their lime and experb.se without any fomi of remuneration or otlw benefit in cash or kind 12023: £nill Expenses paKI for the trustees in the year total £nil {2023- £nil). 3. Donations and Legacies Unrestrlcted Restricted Total Funds Total Funds Year Ended Year Ended Year Endgd Ygar Ended 31st March 31st March 31st March 31st March 2024 2024 2024 2023 Donatsons Previous reporting period Unrestrictsd Restricted Total Funds Year Ended Year Ended Year Ended 31st March 31st March 31st March 2023 2023 2023 Donations
CHILDREN FIRST FAMILY MEDIATION 13 4. Incomg from charitsble acts¥its•s Unrestricted Restsletrd Totsl Funds Total Funds Year Ended Year Ended Year Ended Year Ended 31st March 31st March 31st March 31st March 2024 2024 2024 2023 Other Income.. Client Fees Legal Aid Income Cafcass Contracts for SPIP Unreslrieted Grants= The Woodward Ch2ritsbl8 Trust Marsh Charitsble Trust HMRC CVJRS Irepaidl 52.572 76.397 52,572 76,397 62,281 30.201 10,989 1.000 500 2771 104,694 128.969 128,969 Previous reporting period Unrestrithd Restrl¢ted Tolal Funds Year Ended Year Ended Year Endod 31stMarch 31st hlarch 31st March 2023 2023 2023 Other Income". Client Fees Legal A'd Income Cafcass Contracts for SPIP Unrestricted Grants.. The Woodward Charitable Trust Marsh Charitsble Trust HMRC CVJRS (repaid} 62,281 30,201 10.989 62,281 30,201 10.989 1,OIKJ soo 12771 104,694 1,OCKI 1277) 104.694
CHILDREN FIRST FAMILY MEDIATION 14 5. Income from other trading activitigs Unrestricted Restricted Totsl Funds Total Fund Year Ended Year Ended Year Endod Year Ended 31st March 31st March 31st March 31st March 2024 2024 2024 2023 Solicitors, Directory Previous reporting peri¢)J Unrestrictsd Restricted Totsl Funds Year Ended Year Ended Year Ended 31st March 31st March 31st March 2023 2023 2023 Solicitors. Directory 6. Expenditure Year Ended Year Ended 31st March 31st March 2024 2023 Mgdiation Services Expenditure on raising funds: Affiliation Fees Subscriptions 400 689 1.089 4CKJ 689 1.089 135 139 274 Expenditure on charitsble activities: Employment Costs Training Directors, Management Fees Mediation Fees Interpretation Fees Payroll BUaU Fees Supervision Fees Card Payment Machine Charges Repairs offi Administratyon Servi Minor Equipment Bad Debts Irrecoverable VAT SPIP Delivery Fees Telephone & Internet Rent, Rates & Room Hire Computer Costs Insurance Governance and Support Costs Post, Printing & Stationery Depreciation 43.477 675 3,CKJO 30.091 262 360 770 43,477 675 3,000 30,091 262 360 770 69,551 3,000 18,718 175 529 1.120 900 61 15 4.1C 15 4,100 98 490 2,815 55 235 10.178 6.226 1.226 725 55 235 10.178 6.226 1.226 725 10.224 5.550 1.174 775 915 986 117,002 103,599 103,599 Other expenditure: Sundry Expenses 13 13 104,701 13 13 13 117.289 104.701 Restn"cted funds Unrestricted funds 872 116,417 117,289 104.701 104.701
CHILDREN FIRST FAMILY MEDIATION 15 7. Analysis of expenditure on charitable activitles As per note 6. 8. Allocatlon of governance and sUPPOrt costs The breakdown of support costs and how these were allocated ben govemano and other support costs is shown below.. General Support Governance 725 725 Tolal 2024 Basls of apportionmgnt 725 type of work undertak8n 725 Accountsncy Fees Previous reporting period General Support Governance 775 775 Totsl 2023 Basis of apportionment 775 type of work undertaken 775 Accountancy Fees 9. Analysis of staff costs Year Ended Year Ended 31st March 31st March 2024 2023 Wages and Salaries Redundancy Social Security Costs Pension Costs 42,620 67.942 321 1,288 69,551 857 43.477 Chartitable activities Support costs 43.477 69,551 43.477 69,551 The average number of employees during the year was 2 (previous year.. 4). The charty considers its key management personnel comprises the trustses and SenKJr Manager. The senior manager is self-employed. Management fees during the year totalled £3.00012023.' £3.0001. Tho senior manager is a director of the charity bul not a trustee. No employees had benefrts in excess of £60.0(K) (previous year.. none). 10. Independent Examlner Fees Year Ended Year Ended 31st March 31st March 2024 2023 Independent examination fees Other financial ServIS 650 75 725 700 75 775 11. Tangiblg Fixed Assets Fixtur9$ & Fittings Signage Computers Total Cost Al 1st April 2023 Additions At 31 st March 2024 535 4.912 3.237 8.684 535 4,912 3.237 8,684 Depreciation Al 1 sl April 2023 Charge for Year At 31st March 2024 474 4.912 2,654 87 2.741 8.040 96 8.136 4.912 NET BOOK VALUE At 31 st March 2024 52 548 Al 31st March 2023
CHILOREN FIRST FAMILY PAEDIATION 16 12. Anzlys15 of debtors 2024 2023 Debtors Prepayments 26,981 15,207 373 15,580 27,823 Debtors and prepayments comprise restricted funds £nil12023.' £nill and unrestrthd funds £27.82312023". £15.5801. 13. Creditor5: amounts falllng due within one year 2024 2023 Creditors Short-lerm compensated absences (holKlay payi Other creditors and accwals Deferred income Taxation and soci81 security costs 7.880 213 837 1,441 775 6,076 8,476 8,930 14. Deferred income Deferred income comprises fees charged in advan for the Solicitors" Directory. Balance as al 1 st April 2023 Amount released to income eamed from charitalk activiti8S Amount deferred in year Balan al 31st March 2024 15. Analysis of charitable funds Analysis of movements in unrestricted funds Balance at 1st April 2023 Balance at 31$t March 2024 Incoming Rosources ResOUeS Expended Transfers Gener81 Fund 28,173 28.173 128,989 128.989 1104,7011 1104,701 52,461 52,461 Previous reporting period Balance at 1st Aprll 2022 Balance at 31st March 2023 Incoming Resources Resources Expended Trnnsfers General Fund 39,884 39,884 104.706 104.706 116,417} 1116,417) 28,173 28,173 Name of unrestricted fund: General Fund Description. n8turn and purpose of the fund The'yree reserves"
CHILDREN FIRST FAMILY MEDIATION 15. Analysis of charitable funds 17 Analysis of movements in restricted funds Previous reporting period Balance at 1st Aprll 2022 Balance at 31st March 2023 Incomlng Resources Resources Expendgd Trnnsfers The Clothwothers Foundation 872 872 {8721 1872 Name of restricted fund: The Clolhworkers Foundation Description. natur• and purpose of the fund For computers 16. Analysis of net assets beiween funds Unrestricted Designated Restricted funds funds funds Total 2024 Tangible fixed assets Cash at bank and in hand Other net cuffent asselsllliabilitiesl Total 548 33,020 18.893 52.461 548 33,020 18.893 52,461 Previous reporting per*)d Unrestrfcted Designated Restricted funds funds funds Total 2023 Tangible fixed assets Cash al bank and in hand Other net current assetsllliabilities) Total 644 20,425 7,104 28,173 20,425 7,104 28,173 17. Financial Instruments The charity.only has financial assets and liabilities of a kind that qualify as basic finanei81 instrurnents. Basic financial instruments a initially recognised on a IransactK)n value and subsequenlty measured at their settlement value with the excepts'on of bank loans which are subsequently measured at an amortised cost usiThJ the effective interest methc)d.
CHILDREN FIRST FAMILY MEDIATION 18 Income and Expenditure Account Year Ended Year Ended 31st March 31st March 2024 2023 Income Client Fees Legal Aid Income Cafcass Contracts for SPIP Other Unrestricted Grants.. The Woodward Charitable Trust Marsh Charitable Trust HMRC CVJRS {repaid) Total Income 52,572 76,397 62,281 30,201 10.989 12 20 1.000 500 (277} 104,706 128.989 Expenditure Affiliation Fees Subscriptions Employment Costs Training Directors, Management Fees Mediation Fees Interpretation Fees Payroll Bureau Fees Supervision Fees Card Payment Machine Charges Repairs Office Administration servIs Minor Equipment Bad Debts Irrecoverable VAT SPIP Delivery Fees Telephone & Internet Rent, Rates & Room Hire Computer Costs Insurance Governance and Support Costs Post. Printing & Stationery Depreciation Sundry Expenses Total Expenditure 400 689 43,477 675 3,000 30.091 262 360 770 1,048 15 4,100 98 135 139 69,551 3,000 18,718 175 529 1,120 900 61 490 2.815 19 10,224 5,550 1174 775 915 986 13 117,289 55 235 10,178 6,226 1226 725 896 96 13 104.701 Surplusl(Deficit) for the Year 24,288 12,583)