FINANCIAL STATEME FOR SWAN ADVICENETWORK
SWAI¥ ADVICE NETWORK COTrnENIS OF THE FINANCTAL STATEMENTS FOR THE VWI ENDED 31 MARCH 2025 Pa Report of th¢ Commltttt RepDrt olthe TruJ¢e• llld¢p¢DdelltEu1Thti Rert St•tomat of Aetfvlth8 Bilinc• Sh¢¢t Flow Sts¢¢mtst N•t¢s to ¢kn C#h FlovStstL••t io Not¢• to the Fln4n¢lal StAteme#ts 11 to 16 Dled St•t¢m¢ii of MM•dl Aellvllk# 17 to 18
SWAN ADVICE NETWORK REPORT OF THE F.XECIITIVE COMMITTEE FOR THE YEAR ENDED31 MARCH21)25 Purpose Ivan'5 PIWP(J5e, as Oui tn irs M¢niurJndiim and Articlcs tsFA550cialitsn 1% to pruvide a of advicc Eind aLfL s¢rviLY% allevi&ting nccd Jtnd IMr(Iship in Bath und North Ea %pmcrl 114ANE%I aTJd the 5urroiinding I¢a T() achicvc tlus purtxTrse th¢ charily pursues Ihe fall(>wing objeclives.. - To PTovid¢ tronswlrt 10 access ser%'ile and actLVItics To %UPPDri idckliiw lon¢lincss in our ¢i?mmunilic& including through transport scrvice5 To provide advicL - To H'ork willi viher ggtncie% to iargci services and itnprov¢ access to s¢rvices - To Mainla) prottss olorganisational d¢v¢loprnent To e5tsblish Lonliniious streams tst funding for Swan's work Or#aTri5¥11on#l Development Swan reviews its activities each ytar looking Ht what we have achieved and the uuicomes of our work Thr rcvicw lo•k% ill IIIL %ilLLe%s ofeach activity 8nd ihL bLnL'liis briiulht Ic) lh¢ PL(pIL W¥ IUL 5Ct up lo liclp. WL Ik1vi r¢ferrL'd ii) the inli)riiiation ¢onillined in the Charity Comtiiis5ion'5 gcnrnI guidanli ot) public Ftnefil i¥l.n r¢viLlVlrtb oiir aims thnd bjrvlivts and in planning our futurc atii¥iiies. This year our DLVtlopmeDt ()IfiLLr icft in &ptcmtKT. hui she had oveen the u81¢ ot.our ivLbsit¢ before she moved on. was repl&L%d ill NvvemM'rwiih thtt new role or1)ratiOnS Officer for 24 houT5 11 I%LLk. OUT sclf cmployed fvndrniser who b¢gan in F¢bruaTy 24 ha5 gone from $trLsngih s¢rength is now an inwaluabl¢ part (Trf Swan's ieam. We wLre giveTI furnial nDIicL in Junc that we w)uld ii¢ed to leave LE1 House a buildiiig we shared with other chariti<%. as adiiiiitsiraiors twk uver the property to srll it. Soii)L btt%ic improvLIIILni% lo thc huilding b¢gaii arouiid us and our s¢arcli for d nei¥ premises continued in eamesL The lJnthord who theii de¢idLd to rLiki'elop thc buildin8. ¢Luinmcidiilcd ils shi)rt ILrm IL% iork ix'gon on iiiL .%tsIfL&' anil upr Ilwr. ond we finallv fuund rnelyh'rl ar$1b1 bv bu% as 2 S[r don't driv¢, and M"hi¢h morc al'lordllblc than mcisi awUlble 'I'he doi¥n5ide hu5 Ixtn Ihai il 1% Dilly aboiii u third 1>1. tlic %iiL' of i)ur li)rniLr Olle, so we ntsded a m&s%iv¢ clear oul of tbcords arld fumiiurc Ihat hwd acc[d uver more Ihfjn 20 years. Wc rnov¢d into th new 01¢< in WIrIO Road in RStoL.k ai th¢ ¢nd ofMar¢h with our new landlord still Completing a few14sl minutr j(Ibb In t prcmi5CS. Sivfin'% fo¢iis in lh¢ laitir of IhL fiiiaii¥ial Vuar priinllrily oil the Jnove, but wt did start talks iii laiiullry hl tL.nINg thc I'IM)d ('lyh ivhiih prL'ViOii.%ly 0rlI178 in Ka(Iqock &nd had had c105e onoihtr charity iihdrLiV. J4y Ihl ¢iiJ ufr ikn. fiiwncial yLdr héd linii plans io piloi ihis ID 25126. .1 oiillrds ili¥ Lnd of fii)uiiLial Viar iv¥ M"Lit Inadc aarL. Ihi&l the conip&)y who hJd pri)vi(kd our Irany)ort bixjking ysILiii for l&si ID yLar£ wi)uld k closing and no sup>T1 or uwlatL's would avail3b]c. WL bcLpan investigaling what ll¢r tTan>port soflivare 5ysieni% iiiighi nie¥l nt¢d8. How our Aetlv5ilts Deliv¢r Public Bentfit "rhe siimmar>' tsf Swan's muin oclivili¢s and Ihi> w¢ help 1% bLlui%,. Our purpose lilnils th¢ *rvices we PTovidr lo rL'5id¥nis in E5ANES and thc suffi>unding area¥ and our fundillg limits th¢ numlKr of p¢upIe wt can hclp. nur scrvirts are pravided frce to OUT Clients alihoLoh we 4c¥¢pi dunaiion5 ti)wards ihe costs of our trnsport jOUTtKy$. Page I
SWAN ADVICE NETWORK REPORT OF THE EXECIITIVECOMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 Atthievement and Ptrformgnce VoluThteer I'ransport Scheme Sivon's IranSrt Fill% into 3 PFvje¢ts... Supportio¥ P¢ople, LÉ)nimunily'fTansport and AiL¢ss io He#lth. The SiippDrting Ptople pr<)jeci prDvide.% iranryiTi lo inablc clicn15 of Social S¢rviLS Iv tilcess a rBngc of acilVltit& whcllKr li b %linpping i?r all¥ndinb) a liiiiih¢on ilub. d¥1 LorL i)r furthir cdiiciilion. 11 is also lls¢O 10 vnable disttbl¢d ¥oplL low inLcinii li) dilivilic% Ihai wi)Iild tK)t i)IlILr%4isL b¢ abli lo gel LO. TIK Access io Ilialih Wl>jCLi Crtabks pa%Kn8Lr% li) gil lo h¢alili rilaiL'd dppointinLlil and Community'fransport covers )ny other dtt81iDa¢ions. Iii tt>tsl %ivan'% irdllSt>oN rViCe lills undLrlaken 4214 jnun)c>'s this Irar. which ]% about 2% Inare Ihan the PTCViOU% yL8r. 'IhL t3ANI.'.S liiiJdLd SuprK)i'liiiL, pLp1 Iraiisptsri und¢rtook 21165 ioiirniy.% - u 30/0 dLi[LI cili IM51 yittr. %11.tI urid¢Aouk 7(12 ILalih rrlutcd journ¢y.8 ¢11 24125 aiid 1457 1)Ili¢r lyr.% of ioii]niuniiy Iranswiri journcvs. -lThi5 iva.4 a 'LrLllw in hl'alih j4xJrnLy.%. bul A 25D/4 IlILrei%¢ iii oilL'r Ccimmuniiy Transwrt jourY8 compared ID last year. In total wan has av¢Tagcd J58 journeys per Tnonih. Cupp and Cht 'llii% projLLI 1% an opwtiinity ID bring Siviin'% lancly and t%thIalL passeng¢rs 11)gLther. WL htsvc h¢ld niLL'lin85 thi.% yL'ar Lv¢n'.3 1)1. 4 wilh up Iii 10 PL1ngerS fttinJing. WL hav¢ Lxiiniiiunilj iiiiiiibS fri)ni AgL LIK lil IK'Ip IS%LK'S 41111 libe walking dids. %ivan USLI J Iv£al Lat¢ <)t'aiiiiiliLf Lhoriiv our mairi veiiii¢ for Cuppll and C'hai with Irips Iii olhur l(Kal calc% in Ihc for.WlllL Vilritii.. r)ur>iJ8 llie VLar ()Iir ('uppts and ('hai allind¥i% lia%'e Lrtjoi'ed & Louple ot. m¥al% Luuk¥J al lio.4liLI bN' l)Ill¥r LIitsriiN' .%wulliiw. ovtr ik- suJwJJLr ¢lk'y Lnjoyld haviiig gu 01) Ilk I11 Chai-L- C.y¢l¢- H he8Jx>kc elcclric tycle ailapied to take a pangt providcd by'fhe Active Way. Ust of Voluteews Swan has had 31 driver 1$(ered with us in 24125. 10 any onc month we had a maxinwm of 28 driveT5 actlYLIy iThvulvril. We have i¥elLomid 3 tmv drivers, and I driver left durin¥ the year. Wc hawc had an admiiii8iraiion voluntecr Work1n in the oifiie for 4 hours a week. l>ur five Iru%tecs arc all vtiliiniLer% wlio EjV¢ up their titn¢ 10 attcnd mttiin¥$ 4Lnd io Dversee 8wan's progr¢ss. We atc kkIng fotw8rd io hgving Ihc l.ti(kl Club voliini'¥r5 join Swan 88 pari ofour Icam in thc new financial year. Fin•nciil Revie Inc()Ining res()urce5 for the v¢ar amounted to £160.419 and txpendiiure wa5 £154,697 Rtstryes Pollty ThL Fx¢LulivL CoininiiiLC has c%k)bli4lKd a poliLV whL'fL'by tlit unre4riiicd fund5 noi L0nimTid or invc%led iii tangible ri¥cd IIIK Irc¢ TeservL'%I held by Ihc ilioriiv.%lioul(J . dl liasl 3 moiitlis operalin¥Tr LO%ls (Lirca 134.5(XJl dtKI &rL ii(Iw dL"sjgt. fur ihis PLirpos¢. (icIra1 fuiid in 2024125 I5.s £7,.1¥5 In addillo Swan has etablIshed dcsignaied funds for a 5ickn¢s& reYrvt 1£5.0001 ond r¢diindaJ]Cy Fovisiun tor a Setar1D 1£24,11¢21. This riprcsent8 a rcYrvLs turgci 01'£63.682. Ai Ihis level ih¢ l ¥cciiiive ('cirninillLL fccls thai Swon would ahli ID ¢vnijDue IliL' u5u&I aLtiViliLS vfihi ¢huTiiv in IIK cvint (>t'a 5igniticant drop in lutiding. W¢r¢ that 10 ts¢cur. ii wvuld obvtoudy be necessary io C*1d¢r how itK' fundiiig ivtsuld t¢ plaCed w activities chilglL Risk Review Risks to Swan and its a4tlVlli¢s 8re kept undcr tegular reviLM'. ThL tnajor ri%k% Ici liJndin8 tK'ing add.d b!. sccking OPF¥)rtuniiic5 10 diiLfsify aclivilie& sucl) ds takiiig IhL l.'IK)d Cliilj. dnd IhrDu¥lI Iliis orKiiin¥ iii) IliL FN)s%ibilily wider funding wurces. Ini¢mal ri%ks are iiiiiiinitSL'd by Ilic implemciimiitsn i>f proLCLlur¢% for Juili¢insalioii f all [r&nLI11}j18 and projects and lo ensure ciiii.%i%1¢ni quali¢y ot. delivir). of all OPL'fdiionnl a¥pects of ihc cljarity. Th¢b¢ pr¢KLdiirL.8 arc TrI}dI¢ll1]Y rencwed to Lll.4ufL that they Slill meci IliL' nceds ol. IIIL ¢hyriiy. A deiailrd finaD¢ial rK)li¢y thfJnL& tlcar fancIal Tesponsibility. Sgfeguards artd accounL4bility. PaLY 2
SWAN ADVICE NETIVORK STRATEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2025 Plin$ for ¢he Fut¥r¢ sw wtll CON1n to do Wh is t¢quir¢d to maintain its Ird[ servic¢5 artd tontact5 with ¢li¢nts and groups that makc ttfcrrals to our serwtts. will futhr the developm¢nt of Id¢ as to b>w Swan can d¢velop its service5 Sthd contribute lo tsck]ing lonelines& These plans iDrlude cffgrt tD.' - our trwrt s¢rviL¢ evolves to meet any rKw &TtWMb5 yDrluding th¢ usc of a neiv trsPort sothvarc system - Recruit more dr1vC to Ensu our ability to &mand - Pilot Swan TUtu)ingthe Ra&1ock Food Club - Continue to cxplore rtcw SOUTce5 of rdIthg - Exnd Cuppa atKi Chat 5eS5lQnS . Evaluate how thesc sessions ¢tdJ lit)k to other aclivitie4 p(>ssibly Sup[ed by otlr ¢h*iii¢S and orwisations in BANES. Strnrture. GowtrnAthte #nd MAn8geme#t Swan is & charitable company limited by guarantc¢, itL¢QryM)rated on 21 April 2(W)9. It W&8 originally registered with th¢ Charity Commission as a ¢hzrity M 30th Octob¢r 1989. Thc CoMpY was ¢5tsblished w)der a M¢rnornndum (pf As5(Kiation whi¢h established the obj'ects of the charitable coTThp4nyJ and it is govern un&r its Arti¢ks of Ass0¢iaiion. The liabilily of th¢ ]nefflEKrs (the lrnste¢5) 15 limite(L Undcr the Mcmorandurn of AClou0t in the cvent of the charitable compomy Ing wowid up its memitrs may b¢ wuired to contribut¢ oj) not exceeding £10 to the c(Tr[npalls 455e¢s. In S¢pt¢miw 2024 our longsiandin¥ Company SeLretsry Su¢ Bright retired a1 the position h&s bKn taken on by Susan Charles who is the vice Chair of th¢ I'ru$tees. Reeryhmettt and Appoimlment of cutIve C0mItttt Methbtys The diyeclors ofthe CoMpY are also charity Irustees foT the of charity law tttd the ¢omp8nys Artick5 of A&8ociation arc klwn &5 fflcmbers of thc Executive CortJrnitte& All membEf5 of EX¢cL¥ll Cirtnmittee 8ive tkir lime voluntarily and (£1¥¢ no llerIts froTn thc Gharity. At ¢Kh annual seneral meetin& on¢ tlurd of members of th¢ Ex¢cutiv¢ Committee retire. ba5¢d on ]enh of service. aThJ w¢ eligible for rc.aptK)intm¢nt subject to availabl¢ vacanri¢s at)d to their r¢cOMn[Ldttllott for -aPp)intment by th¢ Execulive Committ¢e. Appoirrtment of new cx¢Gutive committec mernEer5 i5 through a ttcnjitment pr(xc followed by a rO[[bKnd8l1on of the Executive Committee to the atmual g¢ra1 me¢tin8 for formal approval. The recruitttlent pro¢¢ss can includ¢ a vaticly of means and whenever necessary s¢1[1¢ skills are sought. Prospective crnkr5 illiiially mtet with the CEO. and if txhih sides wish to ryo¢eed ihey ar¢ then invilrd to attend al least one rn%ting of the Executive Cornmitte¢ gs an observer and lo giv¢ Tnorc (ktails of what thcy could Gontribuic a mcmbcr. ThBir apJx)intmeDt may then pKK¢cd subj1 to fjrst ascertaining that thc applicant is ¢llbI¢ tu COme Ix)th a coJnpatLy dircctor and a charity Irust¥¢. Pag¢ 3
SWAN ADVICE NETWORK STRATEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2025 Truitet$' respoll$lbllltl¢s kn relgtlon lo th¢ finanelal Stat¢¢t$ trusttts are responsible tor pr¢paring ihe Tnw¢es' A[] Rewbn and th¢ fmallei staments in accordan¢¢ wilh appli¢abk law and UK Accouniing srds IVK Genernlly Acccpled Accounting Pral¢c}. Compfiny 18W rtqUjTC5 the uvstees to prep¢ fsnancial statements for each fuMn¢ial y¢ar which give a true and fr view of sthie of affairs of i]K charitabl¢ Compony ar¥J of incoming rc%ourccs and applicHtiorL of resources including th¢ income and cxpettdiiure of the charitsbl¢ compfyny for that P¢Tio¢L In pPTing i]K8c flllartci 8tstem¢nLg the trus$ or¢ rcquired sele¢t witablc accounling politits and then lppls, theTn con5iSteDtIy - observ¢ th¢ melhods and principles of the Charitits SOI - make judEcmenL% and estimatrs that ar¢ T¢&8onable and PTuthnl state whether Appli¢abl¢ UK A¢¢ounting Sthnduds have en followtd subj¢¢t to any material (kpartures disclosed at1 eXplaid in the financial ststemenis . Prepare the fIn8tl1 5ta¢Etllents on the goitlg concern b8sis it is inappropriate ryesume Ihat the charitable compatly will contLnUC jii operation Th¥ tru5t¢¢5 are r¢srM)nsLble for keeping adequate accounting records th&( di$¢ITr with Yeable Rccuracy at 8Thy tim¢ thc financial rrf)sition of thc charitable ¢omp)my and cnable them to ¢Ure the fi[uUi4l 5tsm¢nt5 Lomply with the Cofflpanies Att 2006. Th¢y att r¢spTrnsible for S&fegUaling th¢ aSts of the charithblt company h¢rKe for king r¢asonable steps forih¢ Ernntion and (kteetion of frawl and oth¢r rt]rgubrilic5. Slai¢ment #$ to disc105ure toour InJ¢pvtMJ¢nl Examiners In 50 far as the tsW¢s aware atthe time of8pprovit)g ourtrusiee5 annual reKM)n: - thcre 15 no rclcvat)i infomiJtiot4 being infonnaiion r¢(kd by exaJnin¢r itt ¢urttJeclion with pPAring ttKir r¢por¢ fpf whi¢h ¢h¢ chaTilable companls examiner is unaware., and - th¢ trusicts have tsken all steps thai they ought ¢0 have taken to rnake themselves awor¢ of any r¢]evant informaiioTh and to estsblish thot the ¢x8tniner is aware of thal informaiion. This Te]M)rt liad ken ptrpjtrd in accordance with the provi%ioiis in Part is of the Companies Aa 2 applicablc ts) ¢otnpani¢s subject the componie5 regime aThJ Slaiem¢nt of RornIn¢ded Practi¢e- Actounting and R¢porting by Charitie& This rert w&8approv¢d by th¢ ix)ardon Ihe '. n&5i¥ned by ils ordcr C Davis-chair of slee5 Susan Charl¢s- Vi¥¢ Chair Pa4
SWAN ADVICE NETWORK IIEPORT OF THÈ TRUSTELS The trusws who are also dire¢¢ors of charity for th¢ F41rpo of thc CompHnie5 kn 2(K)A PT¢SeTht their retxjrt with the rmanc1 statemetlts of the charily for th¢ yeat etL(kd 31 Mar¢h 2025. Th¢ trustees have 4hJopt¢d rKovt510115 of 4ffits ITr gccwthtte with Fimoc4 RertIng StaDdard applicabk in tr UK Kqthlic of IttJhndlTrKS 1021 (effectiv¢ l January 20I9}. The charily is cotjtrolled by tts governing th¢umEnL a deed of tru5¢ constitulcs a limii¢d ¢omFony. limid by guarath. a8 dcfjttd by the Compafti¢$ A¢t 2006. REFERENCE AND ADMINISTRATIVE DETAILS Regiitered Company ouNbEr 6883950 (England and Wa1¢5) 1141396 R¢gl¥tertd ofllet Unit fj I Wztyloo Rowj Rad51k BA3 3EP Trust C All¢D TTe&8urer S M Ch8rl¢yVice Chair C J Davis (Juir of Ths Lvans Trustee CD G¢rrish Tru5te¢ Cmpiny Setyetsry S M Charl¢5 Vice Clwir Indtpe•deDt El*Btr PG Owen Limited ChartCTd Accourthnts 124 High Stre MIdmeT Norton Avo BA3 2DA Aprffoved byordcrof thc EXIOr treOn.......................-.................... and stgttd on its trkha]f by". Z3-1o- Lc)i% L Allen- I'r¢a5ur Page S
INDEPENDENT EXAMINER'S REPORT TO THE TRIJSTEES Olf SWAN ADVICE NEIIVORK tx••iDeIrert t•the ¢rnlt%of STV¥n Advkt NI ('tht Compny') I r¢wrt to the charity tfU5te¢s on my ¢xaTrunalion of th¢ accounts of the Company for the ycar ended 31 March 2023. Rtspollsibili¢its xttd bsis •f ttport ch4r11& ofthr Lurwy IHJJd akn its dtrtt'rots for1 PUqMfft5 of Lyxlltny luwl you ar¢ [M)nSIble for the ptepatation of the s¢¢ounis io llccordan¢¢ wilh Ihl requirenLS ol'ihe Comparlles AIX 20061.the 2006 Act'l. Having i.5fd mys¢if 8c¢owJts ofthe Cotnpany aTe wl re4UttEd th]dilcd imdcr Part 16 of 2tXKTr Act sw¢ ¢ligibJL for ¢xaminatithJ. I r¢pth r5¢1 ufiny (Ifyour Lhuriiy'% IlL¢I)UJJIS Larrnd (1 undtr S¢¢iion 145 ofih¢ Chariii¢s Acl 2011 I'thc 2011 Acf l. In carrying out tny examination I have followed ¢he Di10nS given by Ch&Ttly Commissiotb Un(kr Se¢tion 145151 Ibl of th¢ 2011 AGI, I have compl¢ted my ¢xaminatiotL I confimb that malt¢rs have com¢ to my kntion in conwion with the examjii)tion giving me to trKliev¢'. actouJrting rLtord5 wer¢ kcpi in re5th of CompaTJy a5Tewir¢d by Sed)n 386of 2M6Aci OA the a¢¢tsunts do noi accord with Iho5c r¢cord%; or thc do noi comply with the accounting TequientI of S¢c¢ion 396 of the 2U06 Act Dth¢r tban aNy r¢q(tir¢mctlL th&t the Oni% giv¢ a tru¢ 4nd fair viLw i¥hi¢h i% Jwt a mauer consid¢r¢d as p&rt of An iThkKKD(i'ni exttminaiiw4 {IT lh¢ aLcutsnt% have not tL'¢o i?repar¢d in accordance with the tncihods prÉn¢ipl¢s of the StsL¢m¢nt of R¢comineThl¥d Pra¢ii¢r for aLrounitng and r¢portin8 by chartli¢5 lapplicabl¢ to ¢hariite8 PT¢paring ih¢ir L¢ounL% in a<cardantt with rhL' Ftnanciat RetM)rtjlJ8 Slllndttrd applicahl¢ in IJK R¢publiL of Ireland Itr'RS 10211. I Imvc iju coJ]c¢nLS l)ilVL CQtn¢ a¢russ no odK'r oiaik'r% til coJitLtion WIQJ tlK ex8mlrialiJ wluch atntion sbwld ir in irk or¢Jcr 10 cnable a prorrtr ]d'rS1IKthffj8 of ik 4ccounts rL&Lb¢d. Robtn N Browntng BA {Hottsl FC PG Ow¢nLimiled (YJarter¢d Accountants 124 Htgh Strttt Midsom¢rNorton FAIA BFP Avo BAJ 2DA Pag¢ 6
SWAN ADVICE NEIWORK STATEMENT OF FINAI¥CIALACTIVfTIES FOR THE YEAR ENDED JI MARCH 21ns 2025 2024 Totsl funds Nofcs INCOME AND ENDOWMENTS FROM 16.207 119268 135.475 118.516 Charitabte ¥cllvltieJ A¢tivities to furtkrcbarit5 (thFdives 21988 22.988 21318 1.956 1.956 1.783 T•t•l 18,163 142 256 160.419 141617 EXPENDITURE ON 12,625 11625 7,125 CharhAble lIvi11t Adiviti¢5 to fithrcharitys objectives 6.228 135.844 142.072 T•tsl 18.833 135.844 154,(Tr97 138.137 NET INCOME4LXPENDITURE) Tr#D•fen be¢w•¢o fwid$ (6W) 6.412 5,722 4.480 (LI) 13,912 5.722 4.480 RECONCILIATION OF FUNDS T1 fjjnds bmughi forward 79,256 1(089 95.345 865 TOTAL FUNDS CARRIED FORIVARD 71,066 101,067 95.345 Th¢ n(A¢s fonD Part of these fila1 5wemcrrts Pige 7
SIVAN ADVICE NETWORK BALANCE SHEET 31 MARCH 2025 2025 Total 2024 Totsl funds Unresiritled Rcsknctcd fund Notes IXED ASSETS Tanwblc Lwts 1.034 1.034 1,360 CURRKNT ASSETS D¢biors Cash bank 3,401 29,469 3,401 100.536 3,627 92,242 71,067 71,7 31870 103,937 95,869 CREDITORS Amounts falling due within Or >rar 10 {3.S¥M) 13.904} (1.884} NETCURRENT ASSETS 71.067 28.966 100.033 93,985 TOTAL ASSETS LLSS CURRENT LIABILITIES 71,067 30,1)00 101,067 95,345 NET ASSETS 71.067 30,0(MI 101,U67 95,345 FiJNDS Unrcstriettd fvnds Restrickd fun( 71.067 30.IHM) 79.256 16.089 TOTAL FUNDS 101.067 95,345 charitabl¢ company is ¢thtiikd to ¢x¢mption from audit under Se¢iiorh 477 of the ComFqnies Aci 2006 for the )Yar ¢nded 31 March 2025. Thc members ha noi required to Obll an akndit of its financial statcmm for the ycar ttthd 31 Mar¢h 2025 in 0rd4ce with Section 476 of the CompaniesA£t 2006. Th¢ trustees a¢knowledge their r¢5pon5ibilitie5 for (al ensurin8 th• the chatitsble CompY keeps accouming records th4t comply with StttiorL$ 386 and 387 of t ComrAThies Act 2006 and preportng fLnancial 5tsternents which give 8 trne lair view of the slai¢ of olyairs of the charitabl¢ cofflp8ny a5 at the rthd of each financial yeaT and ot. its surplus ur deficit fur Lach fjnancidl year in accordancL' Iviih the reqijirciricnts of Sec¢iuTts 394 and 395 which Dtherwise c4)mply with the reqlments ofthe Cvmpanies A 20t16 relating to fin8nrial 5¢at¢4 50 far a5 appli¢able tothe chpritable company. Ibl These finbncial statemcnts have 1c wcparcd in a¢wrdarLce with the provisions pIycaAt to ¢haritable compleS subicc( io ihe small companieSTeW. )nan illl %lDILmenis wL't¢ approved by the Board of T[S athrisrd for issue on nd I¥¢.¥1dOn its bEtMlf by.. C All¢n- Tttdswer The no$ forni part of these fin¢1] statertnts Page 8
SWAN ADVICE NETWORK CASH FLOW STATEMENT FOR THE YEARENDED 31 MARCH 2025 2025 2024 NoS Cth Ilows from op¢r4tln8 attivltiWS C&8h g¢ratsd from operalioiis &598 072 wlvided by owating aG¢ivilies 072 C•sb tlows fr•m ittvuting Attiwitiè5 Pur¢kAs¢ of n8iblc fixed8& 1nter¢stTriYcd (260) (1.3671 1.783 Net c&8b rffovided by iniKsting aclivit 1.696 416 ChDg2 ID CAgb equhTAi¢Ats ID the reportirtg ptrlod cash equivl¢nts at the beglllning of th¢ r¢portin8 Period V94 488 91242 85.754 Cuh Amd tash ¢qulvieDts it tbe •nd of the rtportlng ptriod 11)0.536 91242 Th¢ nrt¢8 form pthof fina]&1 st8t¢mcnts Pag¢ 9
SWAN ADCK NE7WORK NOTES TO THE CASH FLOW sfAIEMEwr FOR TItE YEAR ENDED 31 MARCH25 RECONCILIATION OFNET INCOME TOF4ETCASH FU)W FROM OPERATING ACTIVITtES 2W 2024 Net the rryortln¥ ptrlod (ts pertb¢ Sl•tellLeDt •f Artivitlu) AdJw¢rneDts for: 4.480 539 11.783) 3,016 IDterea rE¢¢iw¢d Decre& th dEbtors (1,936) 226 Net prwld¢d by vper ANALYSIS OF C]IANGES IN NET FUNDS A¢ 1.4.24 Cthflow Al 31.3.25 Netu 92.242 100,536 91242 94 lQt).536 92.242 94 1110,536 Tr nLe$ fonj tArt ofttK5¢ fJom¢ial Page 10
SWAN ADVICE NETWORK NOTES TO THE FINANCIAL STATEMENTS WOR THE YEAR Ef4DED 31 MARCH 2025 ACCOIINTINC POUCIES B$16 of prepAriog the IlnAntlil slatsents Tr financial ststcmcnls nf ihe charitable coillpanyi which is a public berKfit etttiiy undcr FRS 102. have iKcn prepared in ¥LmrdaJ¢ with the Lharities SORP IFRS 1021 'Accounting ond Reporting by Charttics.. Statement ot. Rccomm¢nded Prtice wlicable to charitics rrfeppring their attounts in acGordance with the FinaThcial Rewling Standard applicablc in the UK and Republic of li¢lat IFRS 1021 (effective l January 2019),. inattia] ReFrf)rting Standard 102 'Th¢ Fina17 R¢porting Standard applicable in th¢ UK 4nd Republie of Ireland, and the Compani¢5 Art 2(M)6. Thc fitkAnci81 statements have prepaT¢d undtr the historical cost conventiort. Incorne All inco]ning soUrCeS are included in the Ststrment of Financial Activities when the charity is ¢ntitkd to the inco and the amount can be quantsfi¢d with T¢&%Otthle at¢uracy. Thc followiThg bC1r1¢ p)licies are aTvlied to parti¢ul8r categixi¢s of in¢om¢. Volwjtary income is receiw¢d by way of gr8nts', donations at gift5 Wld i5 itLcluded in full in thc Ststemertt of Financi ArlivitKs wben rtt%ivable. Granty whcre entitlement i$ not conditional on thc delivery of 8 S¢rie rforniatt by the charity. are rccogJ)is¢d when the charity bE¢om¢s unLonditionally ¢Dtitl¢d to the 8Tant. DDnaled scrvice5 ¥]]d fa¢iliiies are itLclud¢d atth¢ v81u¢ tothe charity wh¢tt call qntified. Tk viluc of services [VIded by volunteers has noi trKen in these Accou[. Investhicnl income is inGlud¢d when rcceivable. ItOming rere fr¢ charTtabl¢ trnding activity are ac¢outttd foT when earneiL Incaming rcyA)W(%5 from Wre related to and elf1¢ d¢liv¢robie& are account¢J for Os the ¢h&rity earns the right to ¢onsideratÉon by its p¢rfomionce. p¢Dditure Liabiliti¢S ore recognised as ¢xpenditurc &$ soon as th¢r¢ is a lega] or con5tru¢tiv¢ obli8Ation commilting th¢ Charity to that ¢xpenditUT¢, jt is probable that a tromf¢r of economic b¢n¢fiiS will k Quired in Settlement and the amount of th¢ obligion can k rrL¢8SUT¢d reliably. Expendith a¢¢ounttd for on an accruals $l8 and been classificd und¢r headings that aggrcgate all cost relatcd to th¢ rnt¢wy. Where c0515 c4nnot direcily attribut¢d to pthicular headittgs ihey have ken alloGatrd to activitKs OTh a b&%is ¢onsisni with tk use of resources. Tangible rued Assets tkpreciatloll 15 prowided at the following annual rate5 in OT&r lo writc off cach asset ov¢¥ its rstlmatcd usefvl EquiTMnent 20Yo IMI e4)Sl cknity is¢xempt from cotyornuon tsx on its chaTitsbl¢ a¢iivi¢i¢s. Fund a¢couDtiAI UnTeStict¢d funds. ¢an be used irs aCCOTd8rtce with th¢ chwilabl¢ objECtives at the discretion of ih¢ tru8tees in rtherdJ)c¢ of ihe 8WKTal objcctiv¢sof d)e charity. D¢5ignated funds are UWEslriGtrd fvnds earniarkcd by the Ex¢wtive Committtt for parti¢uknr puryose Restricd fund5 can only k uscd for pirti¢ular rethctcd pur[5 wthirt t1 objects of the Gharity. R¢striaion5 arise when spetified by the dojior OT wln funds ar¢ raised for particular restricted purp05e5. Pag¢ll
SWAN ADVICE NETWORK NOIES TO THE FINANCIAL STATEMENTS- tonÉiued FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES- toDtIDy¢d SIOD costs nd other post-réèlrémwt benefits The chBritsble ¢ompanyoperntr8 a defined contrilmrtion penon contribut10 wabk to ts charitsb companys pension sdKme are • to tk Statem¢nt of Financial Aetivi¢ie8 in the tod itt which they INVESTMENT INCOME 2025 2024 Deposit intere RAISING FUNDS Ralilogdonfjliothi and Iy¢ks 2025 2024 000 Supp)rt ky)&ts NET INC(hMiI(EXPENDITURE) Ne¢ ttwm&(¢xiThJiture) is d after¢horgiTW(ctcditin8).' 2025 2024 Depreciation- owned a5ts 539 TRUSTEES, REMUNERATION AND BENKFITS T] w¢re nOIn ffmmeration or th betfrt3 for the )urend¢d 31 March 202J Tr)r forttK jrarended J l Mar¢h 2024. Trgst¢u' ¢xpM re W¢Te ¢XPeTtse$ paid for the >¢ar ended 31 March2025 rsT for tk *r en(kd 31 M8r¢h 2024. STAFFCOSTS Tr #v¢rage tThTrnthly numb¢r of ¢mploye¢s during os follows.. 2025 2024 FJnployrrs Volunkers 37 43 42 49 No cmplo>res rtce&ved emolwn¢nts In exc of £60,(KiI. P•g¢ 12
SWAN ADVICE NETWORK NOTES TO THE FINANCIAL STATEMENTS- comtiNued VOR THE VEAR ENDED 31 MARCH 2025 COMPARATIVES FOR THE STATEMENTOF FINANCIALACTIVITID Unrestricted Rcstrict£d ruJJd5 fid Totsl fund5 INCOMK AND ENIIOWMENTS FROM Donation5 13.552 l(J4,964 l18.5l6 Chjrltablt Activities Activities kn fiffther cheritl5 obJ¢¢lives 22,318 21318 Inv¢stt)wnt income 1,783 1.783 15.335 127.282 141617 EXPEf4D111JRE ON Raisin8 7.125 7,125 Charitable •dtvitkB Activitie5 to further ¢hltyS obiectiVC5 7J51 123.661 131.012 Tot*1 14.476 123,661 138.137 NET INCOME 859 3,621 4.480 RECONCILIATION OF FUNDS Tot•l fiJTrJs brought foTw8rd 78,397 12.468 90,865 TOTAL FUNDS CARRIED FORWARD 79.256 16.uxg TANGIBLE FIXED ETs OtTicc Equipmenl At l April 2024 Additions 2.697 260 At 31 March 2023 2,957 DEPRECIATION At l April 2024 Ch8sg¢ for year 1,337 586 At31 March 2025 .923 NET BOOK VALUE At 31 Morch 2025 1.034 At 31 March 2024 1,360 Pw13 continurd...
SWAN ADVICE NETWORK NOTES TO THE FINANCIAL STATEMENTS- ¢on14nw¢d FOR THE YEAR ENDED 31 MARCH 21125 DEBTORS: AMOUNTS FALLINC DUE THIN ONE YEAR 202S 2024 TT&th debtors P(etA>m¢ntsand crd irKorne 3,080 321 3.306 321 11 CREDITORS: AMOUNTS FALLING DIJE WITlllN ONE YEAR 2025 2024 Trade creditors 2.859 1,045 ii. MOVEMENT IN FUNDS Net mov¢m¢nl in fu]5 Transfers b¢iw¢En fijnds At 1.4.24 31.3.25 Uure5trl¢ted General fund Si¢krKss Rcserv¢ Fund R¢durvJancy tescrvc 3 month5 orKrating ¢0 13,020 5.OtK 28.236 1689) (4.946} 7J85 5.0(M> 24,182 34.500 14,0541 79.256 (689) {7.500) 71.067 Rthrfcied fuJMI8 R¢stricted 16,089 6.411 7,SiN> 30,0fy) TOTAL FUNDS 9J,345 LOI.067 Net [VeMent in fund4 inclu(kd in the alxpVE ate 45 follows.. In¢otning re[C¢S Resour¢¢$ exnded Movement in hjllds Unrestrltttd funds Gera1 fimd 18.163 {1{8521 1689) Restrlcted RerIcted 142,256 1135.845) 6.411 TOTAL FUNDS 160,419 154,0971 5,722 Pw14 Contind...
SWAf4 ADVICE NETWORK NOTES TO THE FIP4ANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 MOVEMENT IN FUNDS- tontlnued Comy8r•tiv# for movemenl bn fvnds Net Transftrs Fth¥e¢n fvrtds At 1.4.23 in fijnds 31.J.24 Unrestric1 fuods CJen¢ral fund Sickne Reserv¢ Futld Redutmlancy r¢serv¢ 3 months operdtingcosis 9,543 5,000 30,854 33.OIK) 859 2.618 13,020 s,000 28,236 33.0) {1618} 7&397 859 79.256 Rertritted funds R¢strickd 12.468 3,621 16.089 TOTAL FUNDS 90.865 4.480 95J43 ComOi]Ve net movement in fvnds iDcluded in the aiN)ve are follows." Incoming T¢50[e5 Rewwces Movement extKnd in fvnds UnTe51TlCted funds Genernl fund 15.335 (14,4761 859 Restritted funds Restricted 127.282 1123.661} 3,621 TOTAL FUNDS 142.617 4.48U A currcDt year 12 monthsartd wor 12 moDths combiKd 51(lOll Is 8s follow5: Trarthr5 LKtween funds movement in fijnds At 31.3.25 At 1.4.23 U•restrid¢d funds General fund Sickness Rr¥¢ Fd RedundatLCy reSte 3 months oratiThg c03ts 9.543 5,ffl0 30,854 33.0( 170 {1328) 7,385 5,0(K> 24,182 1@6721 1,500 78,397 170 (7,5(M)) 71,067 Re¥tricted fu•ds Restrithd 12,468 10.032 30,01)0 TOTAL VUNDS )(J.865 10,202 101.(%7 Pa£e 15 c(Krtinurd...
SWAN ADVICE NETWORK NOIES TOIJJE FJNANCIAL STATFJIIENTS- cowli•u FOR THE YEAR ENDED 31 MARCH Z•25 li. MOVEMENT IN FUNDS- eODtlo¥¢d A year 12 u¥xallL% 8j rffirriwr 12 ¢0bIlled t¥)Y¢ll ITh inclu(kd in the atme are s follows". Incoming resources R¢wurces ¢%fid Movement in fuhds ilnr¢Arthd f•Dd G¢rt¢ral fund 33,498 133.328} 170 Rutricted Restricled 269,538 (259.506) 111032 .303.036 1292.8341 10,202 12. RELATED PARTY DISCLOSURES Tkne weEe ro ffl&d partyltwctions fortk ycar cndtd 31 Marrh 2025. 13. PURPOSE OF RESTIUCTED RESERVES RestriL Rexrv amountin8 £30,000 arc being tled forword to be swii in ar ended 31 Mh 2026. Thks AS m up as follows: Grani from K¢)rytham Town COM11 with £150 remaining for trxlween th¢ Community Services Attess to Health. splil evenly. Ihant from Postco& Lml TnJ5t with £500 rerwning fo]. trThw¢en the C¢)mmjty TTertsport Services and Access w Health, 4)Jit ¢vcnly. Grartfrom Tr Med1(k Charity with £4,OtW) rcmwning foi usc iowwts Acccs5 H¢1th. Gyani from w¢SffId Parish Council with £5 remairjing for w Ftw¢en th¢ Community Transport Servi Acce55 to H¢alth artdcup & Chai s¢rvice8. from The RoFkrtM¢AlpirK Foundation with £1,500 remainin8 fot towards Acccssto Haith. Gtant frojn T W¢55ex War Community Fund with £1.500 remaini8 for towards Access to H¢alth. Grant frotn Tr GBrfield W¢sk Found8tion with £6.375 remainin8 for us¢ kttv¢¢n Community TraD4 ScThict4 Acce5S to Health arjd Cuppa & Chai seryi¢es. Grant from ¢h¢ Nalional Lottery Community Fund with £8,225 remaining for usr Ftwe¢n lh¢ Community Transport Servi¢¢s ind Acccss to Hea]tl4 split evcnly. Gr8m from Qwtct lin¢luding Hawkings Fd) with £5.2SO retn8inin8 for between th¢ Fundrni*r Salatic Transport atyj Sotlwar¢ and Waterloo Road. Grani from Rad51ock Town COUrJ1 with £l.000 remwoing for use beiwcen thE Community Tran8P(rf Service Access to Health Cuppa & Chat $¢rVi. Gram from the Srrtrrin8 Foundotion with £1,000 r¢maining use ktwe¢n th¢ Cornmunity Ti&n5Wrt Scryices atyl A¢¢es8 to H[th. Page 16
SWAN ADVICE NETWORK DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 21125 2025 2024 INCOME AND ENDOWMENTS D•natto Dtsnstions Loca] Gtving Mi5cellarteous BANES Sacial Scrvi¢£s Trans1 Keynsham Town Council w¢Sle1d Pwish Coun¢il Quartet Community Fouthdation R&d%tock Town Coumil The Sperring charity WECA (West of Englgmd Combined Authority) BANES CommuNty Contribution Trund Radstock CP Srtieiy Bloomfield Car¢ Home National tAbttery Community fund Mèsons RMSNCSV W¢sw Water communiiy fijnd rutLdrai5ing stsll$ Cuppa& Chat raffleldons Al&rt Hunl tn]sl P05tco& Lal trust Midwner Norton TC Bath Building &)ci¢ty Chilcompton Parish Council Medlock charity RolKrt M3cAlpine found&tio The Annett¢ trusi GarrId W¢sion foundation Burg¢s$ Salmon charitsbl¢ trust 11.995 19 251 30.000 815 1.000 i i,tKK) 11.796 12 30.0(MJ 9,694 14.972 42,671 2.623 500 156 10.0( lo.0) 1.817 3.999 687 487 4,000 l5,OlJO 983 8,OC 250 10.O(Ml J,o(K 500 ID,0 200 135.475 118,516 IDve8tmertt irt¢•me Dewsil accouE)t Liir¢$t 1.956 1,783 CharitAbk ACtiYiti¢s Irlvoicd Trnnsith PaymeIS 22.988 21318 Totsl iThtoming resouree8 160,419 141617 EXPENDITURE Rai51ng dontion$ Ind leytlts 6,0(J) Chrltble Attivities Bod debts 143 639 Thi8 paec drts not fom) p&rtof the statutory fLn#Ial slatents P8g¢ 17
SWAIY ADVICE NEIWORK 202S 2024 Wages 96.513 83,421 3.362 539 cquipttni ¢kpreciaiion 97,298 87322 5.917 £747 955 2,024 Tekphone ot¥J p( 1.649 93 534 1,034 91 2A462 875 1.185 438 920 IA74 27,910 534 474 SubKTiFrtions Computrrcosts VoluDtrts DriYeT Expxxq Trav¢1 41,688 4Q679 Governxnce IndeFndcrt EX1lI10n Consultancy IS,568 138 137 Net IDrFa• This pw docsnotfonn of the 5tatutrry #aternents Page 18