Flower Estate Family Action (Registered Charity number 1141800) (Company Ltd by Guarantee Number 3812051) Financlal Statements for the year ended 31 July 2024 Content5 Page Legal and administrative information Trustees, report Examiners report Statement of financial aclivilies Balance sheet Notes to the financial statements
Flower Estate Famlly Actlon Legal and administrative information Trustees Elaine Yales John Kite Michele Ward Company Secretary John Kite Company number 3812051 Registgred Charity number 1141800 Regist&red office 153 Foxglove Road Sheffield S5 6FP Accountant Craig Williamson While Rose Accounling for Charities The Ghyll Threapland Aspalria CA7 2EL Bank National Westminster 42 High Street Sheffield S1 2GE
Flower eslate Famlly Action Trustees report The Trustees present their annual report and financial statements lor the year ended 31 July 2024 which are also prepared to tneel the requirements lor a directQfS' report and accounts for Companies Act puiposes The financial ststernents cornpy with the Charities Act 2011, the Companies Act 2006, the Memorandurn and Artic1e5 01 Association. and Accounting and Reportin9 by Charities Slalemenl ol Recommended Piaclice applicable to char1ties preparing their accounts in ac¢ordanTr with the Financial Reporting Standards for Smallei Enlilies Structure, governance and management Governing document Flowèr Estate Family Action is a charitable company limited by guaranleè, incorporattrd on 22 July 1999 and ie9lStered as 8 charity on 11 May 2011. The company was established under a Mernorandurn ol Association, which slates the object5 and powers ol the company and Is governed under its Articles of Association. Reserves Pollcy In line with the Charity Commission quidelines on reserves rt is the policy of Flower Estate Family Action to to maintain unrestiiGled funds, which are the free reserves ol the ohaiity. at a level that equates to approximately three to six months expenditure. This provides sufficient funds to eover tnanagèment. adminislralion and 5UPPOrt costs and to respor)d to emergency applications lor grants that arise from time to time. On current expenditure levels, thè lorècasl for six wonlhs iunning costs is in the region of £30,000. As at 31 July 2024 our reserves stand at £50,759 halrs Report Flowei Estate Family Action continued to provide practical support to those living locally with the Fareshare Ioofj parce15 bein9 gratefully received and Ihe cost of living packs making a meaningful impact to thosè in need. Thè Community Wellbèing Champ10ns ale growing in confidence bul nrtaintY around conlinualion ol funding leave5 a shadow han9ing over the proie¢t. we would liktr to thank VAS lor all the1r support The HAF school holiday activities are well allended with very few no shows, we take Ihis has an indication that we are pioviding activities that local families need arid are happy to take part in. Certainly worthwhile when you see a coach load of f.amilies excited about Iheii day out. Our Christtnas party at Medieval Mayhem was fantastic with all staff looking after us tnaking an enjoyable afternoon. We continue lo work closely wth the TARA supporting them with their projects with the mir)i Christmas boxes given to elderlylvulnerable ienanls along with giving those living alone and had experienced 8 tough year were amazing wilh plans already In place for next year bigger and beller 50 watch this spacel Not forgetting the summei Irip 10 Skegness where we organise¢J the tickets and attended on the day. Being a cotnmunity partnèr lor Food Works Sheffield is working well, we receive tneals once month that local people purchase lor a £1 contribution. This 1s a gieal help with so many families siruggling. We have pitsvided monthly Cost ol living packs which were a great success. This could not havè been achieved without Ihe help from our tèam ol volunteers. We continue to react quickly lo the needs of Ihe local community and adapted our services accordingly This coniinued Ilexibilily we feel plays a major part in helping local people when they needed It the most. Challenges are never far from our dooi but this is no different than what olher oiganisations are lacing, the cost ol living crisis continues lo hil our local communily. we Ihe Iruslees continue to work hard 31ongside our centre manager to obtain funding lo provide practical support to those in need. Thanks lo the Local Aiea Cofflmittee and our local Gouncillors for all their support. Elaine Yates
Flower Estate Family Action Trustees report Trustees responsibilities for the financial statements Company law requires the trustees to prepare financial statements for each financial period which show the state of affairs of the charity and of net income or expenditure of the Company for that period. In preparing those financial statements, the Trustees are required to.. El select suitable accounting policies and apply Ihem consistently., make judgements and estimates that are reasonable and prudent. Q prepare the financial statements on the going concern basis unless it is InapprOprate to presume that the Company will continue in operation. stale whether applicable accounting standards of recommended practice have been followed subject to any departures disclosed and explained in the financial statements. The Trustees are responsible for keeping proper accounting records which disclose with reasonable ac¢uracy al any time the financial position of the Company and enable the Trustees to prepare financial statements. The Trustees are responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention of fraud and other irregularities. This report has been prepared in accordance with the special provisions for small ompanies under Part 15 of the Companies Act 2006. This report was approved by the Trustees on their behalf by.. lilz and is signed on l. Jd-es Elaine Yales Chairperson
Flower Estate Famlly Action Independent Examlner'5 report on the Accounts of Flower Estate Famlly Action for the year ended 31 July 2024 I report on the accounts of the company for the year ended 31 July 2024 which are set out on pages 6 10 Respectlve respon8lbilities of trustees and 9xaminer The charity's Iruslees are responsible lor the preparation ol the accounts. The chaiily's Iruslees Consider that an audit is not required lor this year under section 144121 ol the Charities Act 2011 Ilhe 2011 Acll and that an independent examination is needed. It is my responsibility lo.. Q examine the accounts under section 145 of the 2011 Act, Q lo follow the procedures laid down in the general Direclions given by the Charity Commission under section 1451511bl of the 2011 Act., and D lo stale whether particular matters have come to my attention. to slate whether particular mallers have come to my attention. Ba8is 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 ol the accounting records kept by the charity and a comparison ol the accounts presented with those records 11 also Includes consideration ol any unusual Items or disclosures in the accounts, and seeking explanations from you a5 tfuslees concerning any such mallers. The procedures undertaken do not provide all the evidence thal would be iequired In an audit and consequently no opinion is given as lo whether the accounts present a 'lrue and lair view. and the report is limited lo those matters sel out in Ihe statement below. Ind&pendent examiner's statèment In connection with my examination. no maller has come lo my atlenlion.. 111 which gives me reasonable cause to believe that in any material respect the iequiremenls to keep accounting recoids in accordance with section 386 of the Companie5 Act 2006," and lo prepare accounts which a¢cord with the accounting records, comply with the accounting requirements of section 396 01 the Companies Act 2006 and with the methods and principles ol the Slalemenl of Recommended Practice.. Accounting and Reporting by Charities have not been mel., or 121 lo which, in my opinion, altenlion should be drawn In order to enable a proper understanding of the accounts lo hed. Signed.. .Craig Williamson While Rose Accounting for Charities The Ghy11 Threapland Aspalria CA7 2EL Dale..
Flower Estate Famlly Action statement of Flnanclal Actlvltles for the year ended 31 July 2024 Total 2024 Total 2023 Notes Incoming resources Grants Training & childcare income Donations Room hire Other income Total Incoming resources 27,949 643 120 1,800 405 30,917 80,224 661 1,664 1,920 343 84,812 Resources expended Salaries Volunteer expense Tutor and course costs Projects and activities Equipment and repairs Insurance Stationery and postage Telephone Utilities and rates Accountancy Other expenditure Total resources expended 25,609 100 8.551 25,001 1,463 486 40 795 2,889 255 34 65,223 25,626 100 10,017 25,720 2,281 504 56 804 2,454 255 26 67,843 Net loutgoingllincoming resources 134,306} 16,969 Total funds brought forward 93,100 76.131 .Total funds carried forward 58,794 93,100
Flower Estate Famlly Action Balance Sheet as at 31 July 2024 2024 2023 Notes Current Assets Debtors Balance al bank and cash Total current assets 59,049 59,049 93,355 93,355 Creditors.. amounts falling due within one year 12551 12551 Net currenl assetsllliabilities) Total assets less current liabilities 58,794 93,100 58,794 93,100 Totsl net assets 58,794 93,100 Represented By FUNDS Unrestricted funds Restricted & Fund holding 50,759 8,035 58,794 49,747 43,353 93.100 For the year ending 31 July 2024 the company was enlitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Director's responsibilities., The members have not required the company to obtain an audit ot Ils accounts tor the year in question in accordance with section 476, The directors acknowledge their responsibilities tor complying with the requirements ot the Act with respect to accounting records and the preparation ot accounts These accounts have been prepared In accordance with the provisions applicable to companies subject to the small companies regime. The tinancial statements are approved by the Lloard on on its behalt by.. 30lIlS and signed .yth Elaine Yates Chair
lower Estate Famlly A¢tlon Not05 to the financial statemènts for th# year onded 31 July 2024 Accounting Pollcies lal Basis of preparation The Financial Slalemenls have been prepared in accordance with the Companies Act 2006. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021, and the Accounting and Reporting by Chafilies.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with FRS102 leflective from January 2015 and updated with effect from January 20161- Ilhe Charities SORP {FRS10211, as modified for smaller charities. The Charity meets the definition of a public benefit entity as defined under FRS102 Ibl Income Grants donations and Income from charitable trading activities are recognised in full in the Statement ol Financial Activities in the year In which they are received. Restricted Funds Reslricled funds are used for specific purposes as laid down by the donor. Expenditure which tlleels the criteria is identified lo the fund together with a fair allo¢ation of management and support costs. Idl Unrestricted Funds Unreslricled Funds are other income received or generated for the objects ol the Company without further specified purpose and are available 8$ general funds. lel Resources expended Resoufces expended are included in the Statement of Financial Activities on an acciuals basis, inclusive of V.A.T. The company Is not VA T registered. lfj Tanglblg Fix&d Assots and Depreciation Oeprecialion is provided on all lanoible fixed asseis al rates calculaled lo wiile off Ihe cosl of each asset over ils useful life. Al presenl there are no fixed assets. Igl Fund Accounting Funds held by the Company are either restricted funds or unrestricted general funds. Unrestricted funds are funds which can be used In accordance with the charitable objects at Ihe discretion ol the trustees. Reslricled funds Ihat can only be used lor a particular reslricled purposes within the objects of the Company. Reslriclions arise when specified by the donor or when funds are raised for particular reslricled purposes.
Flower Estato Famlly Actlon Notes to the tlnanclal statements for the yaar ended 31 July 2024 Creditors. amounts falling duo wkthin ong year These are expenses that have been incurred bul have not been billed or paid for during the accounting period. They are in respect of.. 2024 2023 255 255 255 255 A¢¢urals Grants Total 2024 Total 2023 Henry Smith Charitable Foundation Sheffield City Council SOAR - HAF South Yorkshirè Community Foundation VAS Community Champions Flower Estate TARA Total 23.000 23,281 13.713 16,342 4.923 20,000 3.889 80,225 27,949 Restrictded fund5 and fund holding movements Brought forward 426 7,340 14,903 51 Expenditure & Transfers Carried forward 426 Income Flower Estate TARA Henry Smith Charitable Foundation SCC - Community Champions SCC - Safety Community SCC- LAC SCC- Ward Pol SCC- Rats scc- covio Sew easy SOAR- HAF South Yorkshire Community Foundation 17.3401 {32,4111 20,000 2,492 51 401 2,000 1.026 11,5991 11,0261 13071 17391 {911 110.0111 9,7431 163.2671 230 537 739 249 5.088 14,020 43,353 158 4,923 4,277 8,035 27,949