2024-03-31-accounts

REGISTERED COMPANY NUMBER: 6883950 (England ¥4Dd Wiles) REGISTERED CHARITY NUMBER: 1141396 FINANCIAL STATEmEr￿s FOR THE YEAR ENDED 31 MARCH 2024 FOR SWAN ADVICE NETWORK Owen Limited Chartered Accountants & Financial Advisors

SWAN ADVICE NETWORK REPORT OF THE EXEcirrivE COMMITTEE FOR THE YEAR ENDED 31 MARCH 21124 Purpose Swan's purpose, as set (Trut in its Memorandum and Article5 of Association is to provide a raThge of advi¢¢ and access serYi¢es aimed at allevsatirjg need and hardship in Bath and NoTth East Somerset (BANES) and the 5urroullding areas. To achieve this purpos¢ the charity pursues the following obj¢ctiv¢s= To provide tram5POrt to access services and activiues To support tackling loneliness in our cottjmunities, including through transport service5 To provide advice To work with other agencies to target services and improve acces5 to services To maintain the process of organisational development TD establish continuous str¢gms of fvnding for Swall's work Organi￿tIOnAl Development Swan r¢views its acliviues ¢￿h year looktng at what we havg achieved and the outcomes of our work. The review looks at the success of each pctiviry and the b¢nefits brought to the people we are set up to help. We have ref¢rred to the infomiation conthined ill the Charity Commission's gen¢Tal guidanc¢ on public benefit when reviewing our aims and objeclives and in planning our future activities. This y¢ar our member of stsff who had be¢n taken on for our Yo¥mg Volunteer's Proj￿1. transferred to the new Tole of Development Offi¢¢r when the funding for our Young Volunteers work came to an end in July. We obtained a Eiesilience Grant to futtd this p051tion for 6 month5 and she reduced her hours from 30 to 25 per week. In November, we were presented with aD award for Innovation in VolutLteering from Th¢ Community Transport Association for our work with young volunteers. Our Transport Administrator in l¢ft us in Augu5L A DCW m¢mber of staff started it5 October. but the Development Offirxr was needed tts help with frontline bookings throughout the transition period and while th¢ Administrator was le8rnuJg the rope5. This has hampered some of the dev¢lopments we were hoping to make during this financial y¢ar, but decided to mak¢ the position of D¢velopment Officer pernianent. In the last quarter of the financial year. we becam¢ awar¢ that the trnstees of the buildin8 we occupy, and that is our reoistered charity address, were facing some diffieulties. We started at that point therefore to 5&arch for other oifice premises that wc might be abl¢ to Telocate to, and started to clear 20 years of history that had gathered in our existing office. The tW5tees present their strategic report for the year ended 31 March 2024. We took on a self employed ￿ndraiser from F¢bnwy ￿ a piloL This has meant that more ttme ￿Uld be devottd ttTr findin8 fuThding than the CEO was able to give. HOTY our Activities Deliver Pllblic Benefit The summary of Swall's main activities and those we help 15 below. Our purpose limit5 the seThirxs we provid¢ to residents in BANES and the surrounding are&8 and our funding limits the number of people we can help. Our services are provided free to our clients although we a¢cept donations towards the costs of our transport jovmey5. Page I

SWAN ADVICE NETWORK REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2024 Achievement and P¢rformanee Volllnteer Transport Scheme SwatL'$ transpon falls into 3 projects.. Supporting People. Community Transport and Access to ￿￿[th. The Supporting People project provides trènsi)ort to enabk cli¢nts of Social Services to a¢cess & range of activities. whether it b¢ shopping or attending a luncheon Club. day care or further edU￿tiOn. It is also used to enable disabled people on low income to acc¢ss actiwties that they would not otherwise b¢ able to get to. The Access io Health project enab1¢5 pa55engers to get to health related appointments and this year has agatn included journey5 to Covid vaccinations, and Collununity Transport cover5 any other destinations. In total Swan's tr3n5POrt service has undertaken 4187 journeys thig year, whith is about 20/0 lower than the previous year, and still only 83 0/0 of the pre COVID level. The BANES funded Supporting People transport undertook 2133 journeys- a 40/0 increase on last year. Swan undertook 915 health related journeys (a I 50/0 fall on last year when there was Still more of a demand for COVID vaccinatEon journeys) and 1161 oth¢r journeys which is about the same as last year. Swan ha8 ayeraged 349 journeys per month . Young Voluntsers Project This pilot proj¢ct is funded by the Dep8rtnent of Transport. through the Community Tronsport Association. Swan is one of 18 proj¢cts funded looking ai Ta¢k]ing Ltsnelines5 and Iso174tion Through Transport. Our project intention was to engage those young people aged between 18 and 25 and experi¢ncing som¢ i501ation, 10 volunteer with Swan. Fitiding and engaging these young people was been ¢h211engiDg and the project evolv¢d from the original idea of volunteer drivers. Those who Could drive and had a car were less likely to be isolated themselves. Only one of the young volunteers had a car and has been driving for us. The other volunteers have b¢en involved with meeting our pass¢ri8ers and helping at Cuppa and Chat. and helping in the oifice. The volunt¢¢rs have given their comTneThts on our website. and one ha5 been involved in planning the layout and Content of Swan's new w¢b%ite for next year. Cuppa and Cbat This proj¢rt Is an opportunity to bring Swan's lon¢ly and isolated passengers together. We have held meetings thts year ¢very 2 or 3 weeks with up to 16 pa5senger5 attending. We hav¢ used 8 local community minibus to help with some of the tran5POrt. At the end of this f￿ancIal year that minibus charity folded. and the rninibus passed to the local Age UK who still allow us to l)ire tbe bus whenever a driver is available. The ￿InIbU5 charity trust¢es chose Swan as one of th¢ benefaciof5 of their money wh¢n the charity ¢10sed. We have 18 active participants in Cuppa and Chat. 16 live alone, and 4 ère visually impaired. Swan us¢5 a local café of another charity as our main venue for Cuppa and Chat with trip5 to other local cafes in the area for some vari¢ty. This year the young volunteer5 from our projecr haye been involyed with Cuppa and Chat and our passengers have enjoyed their ¢ompany. The young volunteers hoskd a 5ucce55ful afternoon tea with passengers favourite music. Other treats have included children from a IIKJ pre School visiting and spendintw titne at Cuppa and Chat which everyone really enjoyed. Page 2

SWAN ADVICE NETWORK REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2024 Use olVolunte¢rs Swan has had 33 drivers regist¢rBd with us, though 6 had been off long term by the end of th¢ financial year. In any on¢ month we had a maximum of 29 drivers actively tnvolved. We have welGomed 8 JJew drivers. and 6 drivers left during the year, some tor health re&sons. In addition to our Young Volunteers who have helped wtEh Cuppa and Chat and some drivtng. we have had an administration volunteer working in the office for 4 hours a week. Our 5 tr￿teel are volunteers who give up their time to attend meetings and to oversee Swan's progress. Fin*n¢lAI Revlew Incoming resource5 for the year amounted 10 £142.617 and ¢xpenditure was £lJ8,137. Rt5erYes Pollcy The Executive Cornmitt¢e has established a policy whereby the unrestricted funds not committed or ittvesled in tangible fixed assets (the free regervES) held by the charity should be ai least 3 months operating costs {circa £33.000) and are now designated for this purpose. General fimd in 2023124 was £13,020. In addition, Swan has est#blished designated funds for a sickness res¢rve (£3000) and redundancy provision for a worse case scenario (£282361. This represents a reserves target of £66236. At this level the Executive Committee feels that Swan would be able to continue the usual a¢tivities of the charity in the event of a significant drop in ￿ndIng. Were that to occur, li would obviously be llecessary to consider how the funding would be replaced or activitie5 chang¢d- Risk Review A review of those risks that We￿ identified as 'high' was updated in August 23. The major risks ts) funding are being addressed by seeking oppornnities io diversify a¢t5Vities. such as the work on loneliness, and so open up the p05sibitity of wider funding sourr¢s. Internal risks are minimised by the impleTnentation of procedure5 for authorisation oFall transactions aTrd prOJ￿ts and to ensure consistent quality of delivery of all operational aspects of the charity. These pnKedures are periodiGally renewed to ensure that they still meet the needs of the ctwity. A detailed financial policy der￿eS clear finan¢ial respoitsibility, 5afeguard5 and ac¢ountabilsty. Plans for the Future Swan will continue to do what is required to maintain its transport services and contacts with clients and wups that make referra15 to our %erYice5. Swan will further the dev¢lopment of ideas as to how Swan can develop its services and Contribute to tackling loneliness. These plan5 include effort to-. Ensure our transport service eyolves to meet any new demands recruit more drivers to ¢Dsur¢ our abiliry to meet demand onttnue to explore new sowces of fi￿ding extending Cuppa aDd Chat sessions evaluate how these sessions can link to other ￿tiVItieS, pOssi￿lY supported by other charities and organisations in Structure. GtsYernaDc¢ and MaDagement Swan is a ¢hhritable ¢ompany limited by guarantee, incorporated on 21 April 2009. It wa5 originally registered with the Charity Commission &s a charity on 30th October 1989. The ¢onw8ny was established Und￿ a Memorandum of Association which established the objects of th¢ ¢haritabS0 company, and it Is govern¢d under iis Anicle5 of Assooiatton. The liability of the memb¢rs (th¢ trUStee5) is limited. Under the M¢morandum of Association. in the event of the charitable company being wound up its mernbers may be required to contribute an amount not exceeding £10 to tbe company's assets. Page 3

SWAN ADVICE NETWORK REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2024 Recruitment and Appolntment of Exeeutivt Comrnittee Members The directors of the company arE also charity trustees for th¢ purpose of charity law and under the company's Articles of Association are known as metnbers of the Executive Committee. All TnembeTS of the Executive Committee give their time voluntarily alld receive no benefits from the charity. At each annual general meeting. one third of members of the Executive Committee retire, based on length of service, nd are ¢ligible for re-appointtnent subject to avaiLable vacancies and to their recommendation for re-apposnttnent by the Executive Committee. Appointment of new executive ¢otnmittee members is through a recruittneni proce55, followed by a recommendation of the Executive Comtnittee to the annual general meeting for fornial approv￿. The reC￿l(meDI pro¢ess can includ¢ 4 variety of means and whenever necessary specsfic skills ar¢ 50ught. Prospective members initially meet with the CEO. and if both side5 wish to proceed they are then invited to attend ai least one meeting of the Executive Committee as an observer and LO give more details of what they could contribute as a member. Their appointmeni may then PToceed Subject to r￿St ascertaining that the applicant is eligible to be￿me both a company director and * charity trust¢e. Trustees, respon$lblliti¢s in relation to the financlal statements The trnsree5 are responsible for preparing the Ttustees. Annual Report and the financial ststem¢nts in accordbnce with applicable law and UK Accounting Standards (UK Generally Accepted Accounting Practice). Company law requires the trustees tt> prepare f￿anCIal 51atements for ￿¢b f￿anCIal y¢ar. which give & tNe and fair Yiew of the state of affairs of th¢ charitable ¢otnpany and of the incoTning resources and application of resou￿ts, including the income and expenditure of the ¢haritable company for that period. In preparing th¢5e financial statements the trustees ar¢ required select suitable accounting policies and then apply them consistendy observe tbe m¢thods and principles of the Charities SORF make judgernents and estimates that are reasonable and pnjdent sts¢e whethEr applicable UK Accounting Standards have been followed subject to any material departures disclosed and expl3itLed in the financial statements prepare the f￿ancial statements on the going concern basis unles5 It is IDappropriate to presume th* the charitAble company will CODtÈnue in operdtitsn The trllstees are responsible for keeping adeqU￿e aCCOUDting re¢grds disclose with reasonable accuracy al Any time the financial position of the ¢harit&ble company and enable them to ensure that the financial stateTnent5 comply with the Companie5 Act 2006. They 8re also responSLble for safeguarding the assets of the charitable company and hence for taking reasoEtable Steps for the pr¢v¢ntion aad d¢tection of fiaud and other irregularities. ststement as to disclosure to our Independent ExamlneT In so for as the tn5St¢es ore aware at the tim¢ of approving our trustees annual report.. there is no relevant infor￿atiOn, being inforniation needed by the examkner in cotll]ection with preparmg ther repor¢ of which the charAtsbl¢ company'5 examitjer is unaware- and the trustees have taken all steps that they ought to have taken to make thernwlves aware of any relevant infomatii>n and to establish that the examiner is &ware of that infom)ation. This report had been prepared in accordance with the provisions iti Part 15 of the Companie5 Act 2006 applicable to ¢ompanies subject to thc small compani¢s regime and Statement of Re¢0￿mended Prn¢tice- Accoutiting and Reporting by Ctwtries. Approved by order of the board of iTUStees on 3 October 2024 and signed on its behalf by.. C Davis- Chair Susan Charl¢s- Vi¢e Chair Pag¢ 4

SWAN ADVICE NETWORK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trustee5 wbo w¢ also director5 of the chariry for the purpos¢s of the Companies Act 2006, present their report with the financial statements of the chariry for the year ended 31 M&ich 2024. rhe trustees have adopted the provisions of Accounting and Reporting by Charities.. Staiement of Eiecomrnended Pradice applicable to charities preparing their account$ in accordan¢¢ with the Financial Reporting Standard applicable in the UK and Republic of Irelynd (FRS 102) (effective l January 2019). STRUCTURE, COVERNANCE AND MANAGEMENT Governing document The ciwiry ig controlled by its governing document, a deed of and ¢onstitutes a Ismit¢d company, limited by guarantee, as defined by the Companies Act 2006. REFERENCE AND ADMINISTRATIVE DETAIIS Registered Company llumber 6883950 IEngland and Wal¢s) Registsred Chlrlty n￿Mber 1141396 RegSsttT¢d office Leigh Hou5¢ I Wells Road Radsto¢k Bath & N E Somer5et BA3 3RN Trnstees C Allen S M Charles C J Davis M Evans C D Gerrish Company Se¢retsry S A Bright lttdep¢ndeTht ExamiDer PG Owen Limited Chartered Accountsnts 124 High Streel Mid50nw Norton Avon BA3 2DA Approved by ordeT of the board of ts￿Ste¢S on 3 O¢tober 2024 and sign¢d on its behalf by: Treasurer Page S

INDEPETr4DENT EXAMif4ER'S REPORT TO THE TRUSTEES OF SWAN ADVICE NETWORK IDdependent ex¥miner's report to the trustees of Swan Advice Network ('the CoznpAny') . I report to the charity trustees on ttLy examinalion of the accounts of the Cotnpany for the year ended 31 March 2024. Respousibilities and basis of report As the charitg5 trustees of the Company {and also its directors for ibe purpose5 of company law) you are responsible for the prepar3tion of th¢ ac¢gunts ID 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 b¢ audited under Part 16 of the 2006 Aet and are elitsible for ind¢pendent examination, I report in respect of my examination of your ¢harity's accounts ￿ carried out under Section 145 of the Charitie5 Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commi$sion under Section 14515) (b) of tbe 2011 ACL Independent ¢tsminer'g gtstsmeDt I have completed my examination. I Confi￿ that no matters have come to my attention in COTJnection with the examination giving me cause to believe.. accounting re¢ords were not kept in respect of the Company as required by Section 386 of th¢ 2006 ACL or the ￿cOunt$ do not accord with those records. or the ￿OUnts do not comply with the accounting requirements of Section 396 of the 2006 Act other than afty requirement that the accounts give a tru¢ and fait vi¢w which is not a matter con$idered as part of an independent ¢xatnination' or the account5 hav¢ not been prepared in accordance with the methods and principle5 of the Statemeni of R¢commended Practic¢ for acrouniing and reporting by rharities (applicable to charitie5 preparing their accounts ID accordance with the Financial Reporting Standard applicable in the UK and Republic of trelartd IFRS 102)). I have no concern5 and bave come acr055 no other matt¢rs in connection with the examiDation to which attentioTh should be drawn in thi5 report in order lo enable a proper und¢rstanding of the a¢¢ounts to be r¢ached. Kobill N Bro￿￿1￿¥ BA (Hons) FCC AIA BFP PG OweD Limited Chthered Account211ts 124 High street mids0￿￿ Norton Bath Avon BA3 2DA Date.. Owen Limited Page 6 Chertfyrad AccountgTIts FinBnCial AdvisDTts

SWAN ADVICE NETWORK STATEMENT OF FINANCL4L ACTIVITIKS FOR THE YEAR ENDED 31 MARCH 2024 2024 Total fi￿(L4 2023 Total funds Unrestrided fimds Restrcted fifftd Note8 INCOME AND ENDOWMENTS FROM DoDations 112.712 13.552 104,964 118,516 Charltsbl¢ activitie$ Activities to furth¢r charitys objectives 22.318 22,318 22234 757 Inve$tmeni income 1,783 142617 135,703 TotAI l27 EXPENDITURE ON Raising fut 7,125 7.125 7.000 Chjritxble Activities A¢tiviti¢s to firther charitys objectivss 7.351 123 661 131,012 126,506 Total 14,476 123,661 138.137 133,506 2.197 NET INCOME 859 3.621 4.480 RECONCILIATION OF FUNDS Totsl knds brought forward 78.397 12,468 90,865 88,668 TOTAL FUNDS CARRIED FORWARD 79.256 16,089 95,345 90,865 The notes fonn part of these financial statem¢DIS Page 7

SWAN ADVICE NETWORK BALANCE SHEET 31 MARCH 2024 2024 Total nds 2023 Totsl fvnds UnTestricted fijnds Restricted fi]nd Noteg FIXED ASSETS Tangible a55ets 532 1,360 1.360 CURRENT ASSETS Debtors Cash at bank 6,643 85,754 3,627 12,986 3,627 79 79,256 16,613 95.869 92,397 CREDITORS Amount5 falliThg due within one year 10 (1,884) (1,884) (2,064) NET CURRENT ASSETS 93.985 TOTAL ASSETS LESS CURRETrrr LIABILITIES 79,256 16,089 95,345 90,865 16,089 95J45 90,865 NET ASSETS 79.256 FUNDS Unrestri¢ted funds ii¢strict¢d funds 79,256 78,397 12,468 90,865 TOTAL FUNDS Th¢ charitable company is entitled to exen)ption from audit under Se¢iion 477 of tbe Companies Act 21H)6 for the year ended 31 March 2024. The m¢mbers bave not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance wilh Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilitie5 for (a) ensuring that the charitable company keep5 accoiiriting Te¢ords that comply with Sections 386 and 387 of the Cotnpanie5 Act 2006 and pr¢paring financial stAtements which give a true and fair view of the State of &ffairs of the charitable company &$ at th¢ end of ¢ach financial year and of its suTrlus or deficit for e￿h f]nancial yE8r in accordance with the requir¢mertts of Sections 394 and 395 and which otherwise comply with the requirements of the Cowanies Act 2006 relating to financial statem¢nts. 50 far as applicable to the charitable company. These financial statements bav¢ been prepared in accordance with the provision5 applicable to charitsble ¢ompanies subject to the small companies regime. The fjnallcial statements were approved by the Board of Tn￿te¢S alld authori5ed for i55u¢ on 3 October 2024 and were signed on its behalf by.. (b) Trustee The notes fom pJrt of these fman¢ial statement5 Page 8

SWAN ADVICE NETWORK CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Not¢$ Cash nows from operAting g¢tivities Cash geneTated from operations 6.072 Net cash provided by/(used in) operating activities 6,072 871 Cash flows from inve5tlng Actlvlties Pur¢hase of tangible fixed assets Int¢rest received (1,3671 1.783 757 Net c&sh provided by iDvesting activities 416 757 Change in c￿h and t￿h equiv&1e￿ts In the reportillg period Cftsh and cash ¢quivaleots at the beginning of the reportlng period C85h and casb equivalents at th¢ end of the reportillg period 6.488 (114) Th¢ notes forni pArt (Trf these fmancial statements Page 9

SWAN ADVICE NETWORK NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING AcfiviTIES 2024 2023 N¢t income for the reporting p¢riod (8$ per the Statement of Financial Activities) Adjustments for: Depreci￿lon ¢harges Interest received Decrea8dlin¢r¢ase) in debtors (Decrea5eyinor¢a8e in creditors 4.480 2,197 539 (1.7831 3.016 180 266 (757) (3,0521 475 Net cash provided byl(llsed in) oper8tiDns 6.072 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.23 Cash flow At 31.3.24 Net cash Cash at bank 6,488 Totsl 85.754 92242 The t￿te% fom part of these fuMncial statsm¢nts Page 10

SWAN ADVICE NETWORK NOTES TO THE FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basis ofprep*rlng the tIDancial statements The financial 5taternents of the charitabl¢ company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 102) 'Accounting and Reporting by Charities- Statemetlt of R¢commended Practice applicable to ¢haTities preparing their accounts accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (¢ffe¢tive l January 20191,, Financial Reporting Standard 102 'The Financial Reportiug Standard applitable in the UK and Republit of Ireland. and the Companies Act 2006. The fll)aThcial statemeDts have been prepared under the historical c05t cooveThtion. IDeome All in¢oming resour¢¢s 1￿clUd¢d in the Statem¢nt of Financial Activities when the charity is entitled to the income and the amount can be quantified with re￿Ollable accuracy. The following specific policies are applied to parti¢ular categori¢s of in¢ome. Voluntary income is received by Way of grants. donations and gifts and is included iD ￿11 in the Statement of Flljancial Activities when receivable. Grants, where entitlement is not cortditional on tbe delivery of a specifi¢ perfonnance by the charity, are reCo￿lsed when the charity becomes unconditio[￿llY eDtitled to the graDt. Donated servi¢¢s and faciliti¢s are ineluded at the value to the charity when this can be quantified. The value of services provided by volunteers has not been included in these Accounts. Investment incom¢ is included when receivable. Incoming resources from charitable tradirtg activity ar¢ accounted for when earned. IncomtThg r¢sourc¢s from grants. where related to perforn]ance and specific deliverable4 are accounted for as the charity e8Th3 the right to w￿Siderati0Tr by its perfornwice. ExptnditUT¢ Li2bilities are re¢o8tiised as expEnditure as soon a5 there is a legal or constructive obligotion committing tbe chariry to that expellditure, it is probable that a transfer of ¢conomic beDefits will be required in settlement and the amount of the obligation can b¢ Thea5￿ed reliably. Expenditure is accounted for on an ac¢Euals basis and has been classified under headings thÉi aggregate #ll c05t re￿ted to the category. Where costs cannot be directly attributed to particular headings they have b¢en allocated to a¢tivitieg on a basis con51Stent with the ust of resour¢es. Tanglble fixed a55¢ts Depreciation is provided at the following annual rat¢s in order to write oiT¢a¢h asset over its estinThted u5¢fuL life. Office Equiprnent 20Yo on cost Tax8tion The charity is exempt from coryoration tax on its ¢haritsble actiVLties. Fund accounting Unrestrtcted funds can be used in accordance with the Clwitsble objedives at the discrttion of the trustees in fiutheran¢e of the genernl objectives of the charity. DesI￿al¢d fitnds are unrestricted funds earnwked by the Execulive Committee for particular purposes. Restricted fi￿d$ can only be used for particular restricted pU￿oseS within the objects of the charity. Restrictions arise when 5perifi¢d by the donor or whem fi￿d$ are raised for particularrestricted purposes. Page 11 continued...

SWAN ADVICE NETWORK NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES - colltinued Pension ¢Dsts and other post-Tetiremtnt benefits The charitabl¢ company operat¢s a defined contribution pension scheme. Corttributions payable to the charitAble company's pension scheni¢ are charged to the StstEment of Financial Activities in the period in which they rel￿e. INVESTMENT INCOME 2024 2023 757 Deposit accoullt interest RAISING FUNDS Raislng doD4tlons and kgaeie5 2024 2023 Staff costs Support ¢osts 6.000 7.000 7,125 NET INCOMEI(EXPENDITURE) Net in¢omel(expenditure) is st&tsd ¥4ft¢r chargingl(credititig): 2024 2023 880 539 838 266 Indep¢ndent Examination I)epT￿latIOn- owned Assets TRUSTEESI REMUNERATION AND BENEFITS There were no trnste¢s' remuneration or other benefits for the year ¢nded 31 March 2024 nor for the year ended 31 Mar¢h 2023. Trustees, expeDs¢S There were Tho 31 March 2023. trustees, expenses paid for the year end¢d 31 March2024 nor for the year ended STAFF COSTS The avernge monthly number of employees during the year was bllows.. 2024 2023 Employees Volunteers 41 43 49 46 No employ¢es received emoluments in ex¢es5 of £60,000. Page 12 Continued...

SWAN ADVICE NETWORK NOTES TO THE FINANCIAL STATEMENTS- eontinued FOR THE YEAR ENDED 31 MARCH 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTSVITIES Unrestricted nds Restrided fund Tothl Dds INCOME Af4D ENDOWMENTS FROM Donations 112,712 14,475 98.237 Charl¢able activities Activities ￿ fLwth¢r charitys objectives 22234 22,234 Investment In￿Me 757 757 120 471 135 703 Total EXPENDITURE ON Raising fimds 2,317 4,683 7,000 Cbaritabk aetivltles Adivitie$ to firther ¢bariWs objectives 126.506 126,506 131.189 133.506 Total NET INCOMEI(EXPENDITURE) 12,915 (10.718) 2.197 RECONCILIATION OF FUNDS Total 6Jnds broughi forward 65.482 23.l86 88,668 TOTAL FUNDS CARRIED FORWARD l2,468 90.865 TANGIBLE FIXED ASSETS Office Equipment COST At l April 2023 Additions 1,330 1,367 Ai 31 March 2024 DEPRECIATION At l April 2023 Charge for yvdr 798 539 At 31 March 2024 NET BOOK VALUE At 31 March 2024 532 At 31 Mar¢h 2023 Page 13 continued...

SWAN ADVICE NETWORK NOTES TO THE FINANCIAL STATEMENTS- eontinued FOR THE YEAR ENDED 31 MARCH 2024 DEBTORS: AMouNfs FALLING DUE WITHIN ONE YEAR 2024 2023 3,306 321 6,337 306 Trade debtors Prepayments and accNed income 6.643 io. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 1.004 880 1,264 800 Trade creditors Accrued expenses MOVEMENT IN Fuf4DS Net movement in funds Transfers bthveen At 31.3.24 At 1.4.23 Unrestricted funds General fvnd Sickness Reserve Fund Redundancy r¢8erve 3 month5 operating costs 9,543 5.000 30,854 859 2,618 13,020 5,000 28,236 33,000 (2.6181 78,397 859 79.256 Restrieted funds Restricted 12.468 3.621 16,089 TOTAL FUNDS Net movement ID fimds, included in the above are as follows: Incoming r¢sources Resources expended Movement in fun Unreslrleted Gen¢ral fund 15,335 (14,476) 859 Restrieted funds R¢strided 127282 (123,661) 3,621 TOTAL FUNDS 142.617 138,137 4,480 Page 14 continued...

SWAN ADVICE f4ETWORK NOTES TO THE FINANCIAL STATEMENTS- contlnu¢d FOR THE YEAR ENDED 31 MARCH 2024 ii. MOVEMENT IN FUNDS- continued C•mp&ratives for movement In fuDds Net Transfer5 between funds movement in funds At 31.3.23 At 1.4.22 Unrestricted funds General fund Si¢kness Reserve Fund Redundancy r¢s¢rve 3 rnonths operdting costs 6,882 5,000 27,100 26.500 12.915 (10,254) 9,543 5,000 30,854 3,754 6.500 65,482 12,915 78.397 Re5tr1eted funds Restricted 12.468 23,186 (10,718) 90.865 TOTAL FUNDS Comparative n¢t movement in ￿nds, included the above are &$ foiSows'. Incolning Resources expended Movement ID funds unT￿tricted funds G¢neral ￿nd 15232 {2,317) 12,915 Restricted funds Restricted 120,471 (131.189) (10.718) TOTAL FUNDS 135 703 133,506 A cutrent year 12 months aDd prior year 12 months combitied position is as follows: Net movement in funds Transfers between funds Ai 31.3.24 At 1.4.22 UDre5trieted funds General fund Sickness Reserv¢ Fwid R¢dundancy resetve 3 m(Trnths operating costs 13,774 (7,636) 13,020 5,000 28.236 33.000 6.882 5,000 27,100 26,500 1.136 6,500 65.482 13.774 79,256 Restricted fund5 Re%tri£ted 23.186 (7.097) 16,089 TOTAL FUNDS 88,668 Pag¢ 15 continued...

SWAN ADVICE NETWORK NOTES TO THE FINANCIAL STATEMENTS- eontinued FOR THE YEAR ENDED 31 MARCH 2024 MOVEMENT IN FUNDS- eorttlnued A current year 12 months and prior year 12 months combined net movement in in¢Suded in the above are s follows.. Incotning re50urce5 Resources expended Moyernent in fwids Uurestricted fynds General fijnd 13,774 30,567 (16,793) Restrlcted funds Restricted 247,753 (254,850) (7.097) 6.677 TOTAL FUNDS 278.320 271643) 12. RELATED PARTY DISCLOSURES Ther¢ were related pw transactiODS for the yeaT ended 31 Marth 2024. PURPOSE OF RESTRICTED RESERVES R¢strithd Reserves amounting to £16.090 are being carried fonvard to be spent in the year ended 31 Mar¢h 2024. This is mad¢ up a5 follows.. DoDations from Ke}￿shaM Town Colmcil with £150 ren14ining for use between the Community Transport Service5 and Ac¢ess to Health. split £75 eaeh. Donations from Westfield Town Council with £300 renMiDing for us¢ towards Community Transport Service5. Acce55 to Health and Cuppa and Chat. DO[￿lI0n5 fro)n Radsto¢k Town Council with £l.O(10 remaining for use towards com￿unIty Transport Services, Access to Healih and Cuppa and Chat. Donation from the West of England Combin¢d Authority with £5.890 remainillg for use towards Cornmunity Transport. Donaiions from Big Local with £350 remaining for use towards Cuppa and Chat. Donations from the MasoDiC Lodge of which £400 rernaiDs for Access to Healt￿ Community transport and Cuppa and Chat. Donation from th¢ Kadstock & MidsomerNorton Cornmunity Minibus of £8,000 which T¢mains unspent 13. Page 16