Company registration nuMr.. 05319865 Charity. registration number. 1141890 The Quetzal Project (A company limited by guarantee) Annual Report and Financial Statement5 for the Year Ended 31 March 2024 Comn)unily ALcounling Plus Uniis l & 2 North West 41 TalLx)i Street Noitingham NGI 5GL
The Quelzal Project Contents Reference and Administrative Details Truste¢s' Report 2to6 Independent EXamineS Report Statement of Fii)ancial Activities 8t09 Balance Sheet 10 Notes to the Financial Ststements I I to21
The Quelzal Project Reference and Administrative Details Trustee5 Shirley Munden Fazeela Patel Elizabeth Sarah Ryley Priya Luharia Nicola Hurley Sophie Wesson Bushra Ali Secretary Sophie Wesson SeThior ManagemeRt Tea Debordh Knight. Chief Executive Officer Charity Registration Number 1141890 Company Registration Nurnber 05319865 Registered Olee 14-16 Talbot Lane Leicester LEI 4LR Independent Examiner John O'Brien, employee of Coinmunity Accounting Plu5 Unit5 1 & 2 North West 41 Talbot Street NottingFhain NGI 5GL Page I
The Quelzal Project Trustees, Report The trustees, who are diieLtors tor the purposes of coinpany law. present the annual report togetl)er with the tinancial statements and auditors, report ot'tl)e charitable Lompany for the Ye ended 31 Maich 2024. Truste¢5 and officers The trustees and officers serving during the year and since the year end were as folloivs.. Trustees.. Shirley Munden Fazeela Patel RiLhard John Fresia-FatTelly (resigned 26 February 2024) Elizabeth Sarah Ryley Manjora Singh Bisla (resigned 28 February 2024) Priya Liiharia Nicola Hurley Sophie Wesson Bushra Ali (appointed 6 June 2024) Secretary: Sophie Wesson Structure. governance and management Nulure ofg¢Jverniitg dtscumeNt The charity 15 a cotnpany limited by guarantee and te¥istered charity. It is operated under the rules of its memorandum aiid articles of association dated 22 November ?004 and most recently ameiided io November 2020. It ha5 no Share capital and the liability of each member in the event of windiiig-up is liinited to £ l. Recruilnielll and uppoinlnielll of Iruslees Trustee roles M'ere advertised on our website, social medig and twstee recruitment websites. Interested applicants were initially sent a trustee recruitment pack including a role description and personal specificaiion. If the applicant w'ished to continue '1th the application, they were asked to provide a CV and cover letter for assessment. Applications were assessed by the existing board of trustees with the assistance of the CEO. Shortlisted applicants were invited for interview and background check's were carried out. Those successful ere a%ked to attend the AGM to be officially appointed b}. being proposed and se¢ondcd b). eyistiiig hoard members. Full induction and trdining is provided ensuring 911 trustees are M'ell cquipped to govern the organisation effectively. Page 2
The Quelzal Project Trustees, Report Objectives and activities Ohjects uiRIs Quetzal provide5 free and inclusive ctsun5ellin¥ and support to women aged 16 and over, living in Leicester, Leicestershire and Rutland that liave experienced childhood sexual abuse. Our Aim5 Give woinen a voice to be heard and enable agency and control; Work with local communities to challenge the shame and taboo narratives and raise awareness of childhood sexual abuse", Work in a trduma-ii)fomecl way that dot5n't re-trauinatise women. or staff and volunteers", Keep the voice of those with lived experience central to how w'e work and shape whal we do. Our Objectives Provide high qualiry tailored support IL) survivors L)f childhood sexual abuse thai meeis iheir individual needs: Ensure support is accessible and available when needed; Work in collaboration with other local organisations to ensure the best possible standard L)f service delivery,. Raise awareness of the effects of childhood sexual abuse and of trauma-infomied care. Objeclive5, slrategies activities Lon¥ Tetyn Coiiiisellin¥ FolloM'in¥ an assessTnent to ensure clients are 5uitsble for our service. they receive oiie to one coun5ellin¥. All of our counsellor5 are either qualified or undertaking final training and receive additional 5peciali5t trainingF and support Irom our clinical lead. Counselling takes place at the same time weekly with the same counsellor to ei)sure you have consistency, for up to one year. We are able to ofter this service through face-to-face. telephone or on-line methods. Single session therdpy ISSTI SST is an approaLh to iherapj thai aims io address a clieni's Loncems and achieve meaningful chan¥e within a single therapy session. It is designed to be a focused, solution-orientated approach that offers immediate suppon. Single session therapy can offer effective and timelv support, allowing clients 10 exrIenCe relief. gain insights, and develop sirategies for change within a shon period of time. Emotional Support Services We run a 'Check and Chat, Service and weekly drop in workshops to provide emotional support to clients bL)th on the waiting list and after counselling. EMDR thcrapy Eye Movement Desensitisation and Reprocessing (EMDR) is a therapeutic approach that was originally developed ti) help individiial% proce%s and overcome trdiimatic memories. The £i)al of EMDR therap}, is to alleviate the distress associated with traumati¢ experiences gnd facilitate the individual's adaptive pro¢essing of those niemories. Quetzal also PTovide training in the area of childhood sexual abuse and the benefits of counselling to both communits. groups, coiiiisellors and professionals. Public benefil Quetzal enables service users to improve their mental health and wellbeing, increase their confidence and better manage their lives and relationships. Our services allow women that have experienced childhood sexual abuse to begin to recL)ver from this trauma and improve their personal situaiiL)n and engage more freely in Iheir community. Page 3
The Quelzal Project Trustees, Report The trustees Lonfim that they have ctsmplied with the requirements of section 17 01. the Charities Act 2011 to have due regard to the public benefit guidanct published by the Charity Commission for Ei)gld and Wales. Achievements During Ihe period Quetzal reviewed and updated its sirgtegic plan and set 6 new strategic aims for the next 3 years. These are.. l. Continuously improve oiir offer to best serve survivors of childhood sexual abuse and the local community while always maintaining our commitment to trauma infomied practice. 2. Involve and empower our beneficiaries in the design, delivery, and evaluation of services, ensuring they have a voice iii shaping the services they receive, aiid that services are responsive, accessible, and inc1115ive. Raise awareness of the needs of all WOTnen who have experienced childhood sexual abiise through providing data insights that will influence policymaking and ediicate the public. 4. Invest in the wellbein& training and development of staff, trustees, practitioners, counsellors and volunteeTS to iiicrease our quality, capacity and outcome5. 5. Diversify our itjcome streams to reduce risk and increase our resilience during uncertain tirnes. 6. DevelLlP an agile. robusL and etricient management and operational infrastructure that supports Quetzal to meet its objectives and drives long-terni success. Delivery April 2023-March 2024 432 New referrals received. i08 Clinical Assessments completed. • 374 New clients siarted iherapy. 3254 Coiinselling Sessions delivered (440/0 face 10 face, 240/0 online, 320/0 Telephone). 184 Single Session Therapy sessions delivered. • 934 Check and Chat (Einotional support) calls made. Page 4
The Quelzal Project Trustees, Report During the financial year 23-24 Quetzal achieved a 25Q/D increase in the number of counselling sessions delivered compared to the previous year. We also successfully launched a new service providing EMDR therapy. The number of emotional support calls that were delivered is double the previous year. this is due to the recruitment and training of additional volunteers. This year Queizal hosted two intems from Citizens of Change through the University of Leicester. We also saw the completion of placements for three social workers at Quetzal. We continue to focus on counsellor recruitment and training, and this year we conducted another round of onboarding. Our process had become significantly mor¢ ¢ffJ¢ieni: halving th¢ tim¢ needed to onboard new collnscllors. We ran a number of additonal event5 and H'orkshops to support survivors and raise awareness of our cause, these it]cluded yo(Ta, art and craft and peer 5UPPOrt sessions. Our partnership with Age UK for a Menopaiise A,areneSS Session was a great success, receiving fantastic feedback. A member of the team has traiiied to become a Menopause Champioii. offering support to clients during drop-in sessions and over the phone. TST actreditatiLin This year we gained full accreditation for The Survivors Trust. The narrative froin the report reads.. 'Throughout the inspection process, Quetzal evidenced a sii)¢ere Lommitment to meeting the i)eeds of survivors ai)d advocating on thtir behalf. The inspectioi) evidenced a high quality of decision making at boaid level ai)d a thoughtful. considered approach to challenges and opportunities. This can be seen in the way in which ihe board has managed changes in the membership of the board and senior siaff am. The inspeciion also evidenced a nurturing management approach whereby opportuniiies are provided lor staff to learn new skills. develop their interests. and thrive within the organisation. This was reflected in the positive way in which staff and volunteers spoke about their roles, their relatioi)ships with peers and managers. and their enjoyment of being part of the Quetzal team. Interviews with staff and the Deputy Chair. as well as analysis of documentary. evidence provided. evidenced a real commitment to coniinuous improvement across governance, manggemenL safeguarding, and service delivery. Overall. the inspection process established that Quetzal is well govemed and managed, lth a clear focus on survivors. The organisation is attuned to the changing experiences and needs of survivors and pro-actively safeguards staff and clients. Staff describe Quetzal as a great place to work" Financial review Pollcy on reserves The trustees have examined the Charit s requirements for reserves in light of the main risks to the organisaiion. The charity is seeking to build general funds 10 cover six months of annual costs. Quetzal's exit plan is based on the expectation that reserves are available should the organisation ever need to be wound dowi. Page 5
The Qiip.tT.l Projeet Trustees, Report StatemeDt of Re5pon$ibllities Thc tte¢S (who ttTe also the directorg of The (JiptrAI Project for the PUTfA)5e5 of Company lawl are responsible for PTcparing ihe tnisle¢s' rtport and the financial statements in acrordance with applirablc law and Unilcd KingdoTn Accounrin¥ Svdiidaids Iuiiit¢d Kingdom Gctt¢rolly Accopt¢d AecouDtjll8 Prkeiiepl. intliiding FRS 102 'The Financial Reporting Siandard applicable in the UK and Republic of Ireland The report and a¢counlS have been prepared in accordanc¢ with the provisions in the ComFani¥s Ali 2006 Jcl&ting to small componi¢s. Cornpany luw I¢yuiJC5 th¢ ttuslccs to prcpar¢ finan¢ial stAtements for each finxnc.1AI year. Under company law thc trustees Inu5t not approve the finaniial statemenis unless the). are satisfied thai they a truc and fair view f the State of affairs ot" the charitable company and of the iiiLui1ii51¥ J¢Soufc¢s artd applicalitsn of wsoufccB. intluding its incom¢ and expendiwre. ol the chaTitsbl¢ colnpany for that period. In prcparing thesc financial siaicm¢nlS. Ihe Irusl¥es are rtyuired to.. seleci 5Ultable accounting policies and apply Ihern cunsisientJy- observe the mcihods and principle5 in the Chaniies SORP- mHke jijdgtnients and e5timzks that ate reasonable and prudcnt. stste whcther applicAble accowitin8 slandards, comprising FRS 102 hav¢ been followed. subject lo any matcrial departUT¢% disclosed and ¢xplAined in Ihe llttancial stoiemuiis, ptfVilIf fiiianGjal 3taictn¢nts on th¢ ¥OiLig ¢oncem basis uttless it i inappropriate to presume ttlat the chantable company will continue in business. The tTUSt¢es are responsible for keeping proper accountin8 records that Can disclose M'iih reasonable accuracy at uiiy iiinc thc fihancial position of the charit3ble company and enahlp thern tts ertSUTe that thc fEnan¢ial statements Lomply with the Companies A¢1 2006. They ar¢ also responsible for safeguarding thc a55els of Ihe ch3ritable cornpany and hence for raking reasonablr blrp) fvI Llic prcv¢rttion and dctC¢llon of fraud and other ifTegL]larities Thc tTUStees TestM)nsible for the TllALnienance and integrity of the corporate 2t)d financial infoTtnaiion included ort ihe chaTiiable Companys website. L¢Eislaiton governing the pr¢paTation and ¢Jissemtnalion of financiAI stsiem¢nts tnay djtyei from le8islaliOn in other jurisdictions. 3ojql.awd The annual report wa5 approved by the tru8te¢5 of the charity on... signed on its behalf by.. Elizabeth Sarah Ryley Trwtcc Page 6
The Quelzal Project Independent Examiner's Report to the trustees of The Quetzal Project ('the Company,) Itldependent exarnitLer'5 report to the trustees of The Quetzal Project ('the Cofftpany,) I report to iht chaiily trustees on iny exthination of the aLLLILlI)ts Ot. the company for the year ended i l Marth 2024. Responsibilities and basis of report As the charity's irusiees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Aci 2006 ('the ?006 Act'l. Having satisfied Inyself that the accounts of the Compan}. are not required to be audited under Part 16 of the 2006 Aci and are eligible for independent examination, I repon in respect of my examination of your charity's accounts as carried out under section 145 of ihe Charities Act 2011 ('the 2011 Act'}. In Canying out my examination I have followed the Directions given by the Charity Commission under section 145(51(b) of the 2011 Aci. Independent examiner's statement Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in seciilin 145 of the 2011 Aci. I confirm that l am qualified to undertake the examination because l am a member and Fellow of the Association of Charity Independent Examiner%, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me ¢aiise to believe that in any material respect.. accounting records were not kepi in respect of the Company as required by section 386 of the ?006 Aei,. or 2. the accounis do not accord with Ihose records; or the account5 do not coinply with the accountingF requirements of sectioii 396 of the 2006 Act other than any requirement that the accounts gFive a 't£ and faiT' view which 15 not a matter considered as part of an independent examination., or 4. the accounts have not beei) prepared in accordance with the methods and prii)¢iples of the Statement of Recommended Practice for accounting and reporting by chariiies lapplicable to charities preparing Iheir accounts in accordance with the Financial Reporting Siaiidard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have ci)me across no ather matters in conncctii)n M'ith the examination to which attention should be drawn in this report in order to eiiable a proper understanding of the accounts to be reached. John O'Brien Msc. FAIA. FCCA, FCIE. emplojee of Conimunity Accouniing Plus Fellow of the Association of Charity Independent Examiners Units l & 2 North West 41 Taltx)t Street Nottingham NGI 5GL Date.. 0311012024 Page 7
The Quelzal Project Statement of Financial Aetivities for the Year Ended 31 Mareh 2024 (Ineluding Income and Expenditure Aeeount and Statement of Total Recognised Gains and Losses} Total 2024 Total 2023 Unrestricted Restrieted Note Income and Endowrnents from. Donations and Itgacies Charitable activities Other trading activities Investmeni income 91.374 662 91.374 187,393 88.602 133,765 83 514 186,7i I 1.430 1.430 Total income 93,466 186,731 280,197 222,964 Expenditure on: Charitable activities 189,140) (181,795) 1270.935) (208.466) Total expenditure 189,140) (181,795) 1270.935) (208.466) Net income 4.326 4,936 9.262 14.498 Net movement in funds 4,326 4,936 9,262 14,498 Reconciliation of funds Total funds broughi fonvard 130,278 49,460 179.738 165,240 Total funds carried forward 134,604 54,396 189,000 179,7)8 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdOl for the period is show) in note 15. The notes on pages I I to 21 fL)rn) an integral part of these financial siatements. Page 8
The Quelzal Project Statement of Financial Aetivities for the Year Ended 31 Mareh 2024 (Ineluding Income and Expenditure Aeeount and Statement of Total Recognised Gains and Losses} These k)re the figures for the previous aceounting period and are ineluded for eompk)rative purposes Unrestrieted Restricted Total funds funds 2023 Note Income and Endowrnents from". Donaiions and legacies Charitable activities 88,602 272 83 514 88,602 13J.765 83 514 133.493 OthEr trading activities Investinent income Total incoille 89,471 133,49) 222,964 Expenditure on: Charitable aciiviiies 164,464) (144,002) (208,466) Total expenditure 164,464) (144,002) (208,466) Net incomel(expenditure) Transfers between funds 25,007 2,631 110,5091 2,631 14,498 Net movement in funds 22,376 (7,878) 14,498 Reconciliation of funds Total funds brought fonvard 107,902 57,338 165,240 Total funds carried forward 130.278 49,460 179.7i8 The notes on pages I I to 21 fL)rn) an integral part of these financial siatements. Page 9
The Quetz#l Proj¢d (Règistration number: 053198651 alance Sheet gs #131 Maroh 2024 2024 202.1 Flxed •5sets TanBible a%%e io 1.1¥)3 667 Currenl ais¢lJ Debknrs Casli al bank aDd In haiMI ?,IK17 190.941 12 192,448 Crtdlttrr- Atuounti fxlllrji due tylthlll one %'e•r 5,011 14.%33 Net trreI tyeis 187.937 179.071 Net 189.(110 179.738 Fundi of tknt eharlts,: R¢5trictcd fund 54J96 49.460 IJDr¢5trlEted kncorne futtdl Usyesrricied fuAds 134.604 13U.278 Total fundi 15 181).fXKI 179,738 Fo the financtal year ending 31 Mgrch 2024 th£ ¢hJrily w% etttiiled fr(All a1¢ Ée¢tson 477 of the Companics Aa 200fy lating Iv 5th1 Compan5. Dtrecthrf rcwn.8ihiliiie5-. Th¢ h&%.¢ noi Trqukred the cbarsiy to obiairl •Tr •ud5t of its for th¢ y¢aT in qurslioo c£ordaJic¢ with S¢CikC>h 47CJ,' ld Thc dir¢ciws a¢knowl¢dg¢ their rwonsibilities for cOmpln8 wilh the rtyuiremeDts of thc Aci with T¢5F lo accoun15llg r¢¢ords gTrJ the preparaiiok of accow1.. finArtcial stat¢mtnts hth¢ been pret>ved in Recordate the s11 provisions r¢ting 10 compafii¢¥ $ubjecl to tbe mll L%Trmpanies 8m¢ within Part 15 of rh¢ Compan$ Act 2006. 51&leTtI15 vn 8 tv 21 welc approved by the tru(S. 8nd aulhor¥styJ lar nn d sigrt on thetr b¢half by.. EIKT¥kth Sarah eY Trusiee The notcs i)n p88eg 1 I lo 21 foyrn put of thBse fitwjcial staicmcnts. Page Itk
The Quelzal Project Iyotes to the Financial Statements for the Year Ended 31 March 2024 l Accounting polieies Summary of signifieant aecounting polieies and kev aeeounting estimates 'I'hc principal accounting policics applicd in the preparation of thesc financial statements are 5¢t out below. These policies have been ¢on51St¢ntly applied to all the years presented, llnl¢ss otherwis¢ stated. Statement of complianee The financial stateinents have been prepared in accordance with Accountit]g 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)) (i5511ed iii October 2019) (Charitie5 SORP (FRS 10?)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Basis of preparation The Quetzal Project meets the definition of a public benefit entity under FRS 102. Assets and liabilities are ii)itidlly reco¥ni5ed at historical cost or transaction value unless otherwise stated in the ielevant accounting policy note5. Going £on£ern The finanLial statements have been prepared on a going concern basis. The trusiees assess whether Ihe use L)f going concern is appropriate i.e. whether there are any maierial uncertainties related to events or condiiions that may cast significant doubt on the ability of the chariiy to Clintinue as a going concem. The trustees make this assessment in respect of a period of one year from the date of approval of the financial siatements. Exemption from preparing a eash flow statement Under the exemption available to smaller chgrities Ihe Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statemenis. Ineome and endowments Voluntary income including donations, gifts, legacies and granis that provide core funding or are of a general nature is recognised when the charity. has entitlemeni to the income, it is probable that ihe income will be received and the amoiiiit can be measured with sufficient reliability. Donthilons leg&el¢s Donations are recognised when the charity has been i)otilied in writing of both the amoui)t and settlement date. Ii) the event that a donatioi) is subject to conditions that require a level of peilormance by the charit), before the charity is entitled to the funds. the income is deferred and i)ot recogi)ised until eithei those conditions are fully met: or the fulfilmeni of those conditions is wholly wiihin the conirol of the charit)J and it is probable that these conditions will be fulfilled iii the reporting period. Granl.F receivable Grants are recognised M'hen the charity has an entitlement to the funds and any conditions linked to th¢ grants have been met. Where perfonnance conditioi)s are attached to the grant and are yet to be JneL the incoine is recognised as a liabilit), aiid included on the balance sheet as deferred incoine to be released. Pagell
The Quelzal Project Iyotes to the Financial Statements for the Year Ended 31 March 2024 Expenditure All expenditure is recogni5ed once there is a le¥al or constTUCtive obli¥ation to that expenditure, it is probable settlement 15 required and the amount can be measured reliably. All cost5 are allocated to the applicable expenditure headin¥ that aggregate 5iinilar cost5 to that categwory. Where cost5 cannot be directly attributed to particular headings they have been allocated on a basi5 consistent with the use of resources, with central staff Costs allocated on the basi5 of time spent. and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based oil the spread of staff costs. Churilable dctivilies Charitable expenditure CL)mprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nare necessary to support them. Government grants Government grants are recognised bgsed on the aCCal model and are measured at the fair value of the asset received or receivable. Grant5 are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the experted llsefi]I life of the asset. Where part of a grant relating to an asset is deferred. it is recognised as defeTred income. Taxation The charity is considered to pass the tests set out in ParagFraph I Schedule 6 of the Finance Act 2010 and therefore it meet5 the definition of a charitable company for UK COTporatioii tax puwoses. AccordingFly, the charity 15 Potentially exempt froin taxatioii iii respect of incoine or capital gains received within categories covered by Chapter i Part I l of the Cotporation Tax Act 2010 or Sectioii 256 of the Taxation of Chargeable Gain5 Act 1992, tv the extent that such income or gail)5 are applied exclusively to charitable puwoses. Tangible fixed 855ets Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impaimient losses. Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to w'rite off the cost or valuation. less any estimated residual value, over Iheir expected usetul economic life as fLIIIoivs'. Asset clas5 Compuler equipment Furniture and equipment Depreciation method and rate 3J.3 10 siraitshi line 20Q/o straight line Trade debtors Trade debtors are arnounts due fToin customers for merchandise sold or services perfotyned in the ordinary course of business. Trade debtors are recognised initially at the transactioi) price. They are subsequentl}, measured at amortised cost using the effective ii)terest method. less prowisioi) for in)paimient. A provision for the impaimient of trade debtors is established when there is objective evidence that the charity will not be able to collect all an)oui)ts due according to the original temis of ihe receivables. Page 12
The Quelzal Project Iyotes to the Financial Statements for the Year Ended 31 March 2024 Cash and cash equivalents Cash c1nd cash equivalent5 comprise cash on hand and call deposit5. and other short-temi highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of cliange in value. Trade creditors Trade creditors are obligiations to pay for good5 or services that have been acquired in the ordinary course of busit]ess froin suppliers. Accounts payable are classified as cent liabilities if the charity. does not hal'e an unconditional right, at the end of the reporting period. to defer settlement of the creditor for at least twelve months after the reportiii¥ datt. If there is an unconditional right to defer settleinent for at least twelve months aller the reporting date, they are presented as non-curreni liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Fund structure Unrestricted income funds are general funds that are available flir use at the trustees, discretilin in furtherance of the objeciives of ihe charity. tksignated fvnds are unrestrict¢d fiinds set aside for splfiC purposes at the discr¢tion of th¢ trustees. Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or putpose. Pension5 and other p05t retirement obligations The charity operate5 a defined coiitribution pen5ioI) schetne for employee5. The a5set5 of the scheme ale held separaiely from those of the Charity. Pension Costs charges in the Statement of Financial Aeiiviiies represent the contributions payable by the charity during the year. 2 Income from donation5 aThd legacies Unrestricted funds General Total 2U24 Total 2023 Donations and legacies,. Donaiions from companies, tNsts and similar proceeds Donations from individuals Grants, iiicluding capital grants; Govemmeiit grants Grants from other charities 37,500 4,668 37,500 4,668 9,943 49.206 49.206 49,6.f 9 29,nOO 91,374 88,602 Page 13
The Quelzal Project Iyotes to the Financial Statements for the Year Ended 31 March 2024 3 Income from charitable activities Unrestricted funds General Restricted funds Total 2024 Total 2023 SetTrice delivery Grants Sundry income 644 644 251 186,731 186,731 18 133,444 70 18 662 186,7J I 187,39i 13J,765 4 Income from other trading activities Total 2024 Total 2023 Local fundraising and street collection income 83 S3 5 Grants & donations Unrestricted funds Restricted funds Total MOJ RASAF The National Lottery- Awards for All Lloyds Bank Foundation Office of the Police and Crime Commissioner SARC 32,562 67,884 48,100 14,4115 10,450 8.600 32.562 67.884 73,100 14,485 10,450 8,600 25,000 Carlton Hayes Mental Health Charity National Grid- CoTnmunity Matters Fund - Active Communitie5 Fund Leicester ICB Henry Smith Ann R}'lands Small Grants Chamwood Borough Council University of Leitester Sundry grants & donations 4.650 4,650 47.582 10.000 2,000 1,624 500 4.668 47.582 10.000 2,000 1,624 500 4.668 91,374 186,731 278,105 Page 14
The Quelzal Project Iyotes to the Financial Statements for the Year Ended 31 March 2024 6 Investment income Unrestricted funds General Total 2024 Total 2023 Interest receivable and similar incoine- Interest receivable on bank deposits 1,430 1,430 514 7 Expenditure on charitable activities Unrestricted funds General Restricted funds Total 2024 Total 2023 Cleaning & hygiene OITice rent Repair & mainienance 348 2,738 2.000 2.348 11,Oi2 125 4,538 1,055 146,429 691 2.137 1.805 4,920 ¥¥1 1.909 9,720 11,168 4,283 1,407 121,692 467 1.291 3,143 3,726 1,085 1,320 1,552 805 125 2,688 5,086 319 28,300 1,238 I,i49 5.452 3)3 125 3,441 1,055 74,676 68 1,097 Recruitment & Iraining Salaries, Nl & pensions Staff travel & expense5 Legal & professional Business support costs IT service support costs Licences & website Office equipment & supplies Phone Costs Printing & postage Activities outreach venues Insurances Projects &. events Marketing & aw'areness Paid Counsellors Volunteer expenses & resources Volunteer supervision Volunteer training Depreciation Sundry expenditure 62i 2,li7 1,705 2,408 881 100 2,512 2,818 2,818 714 88 714 88 1,133 860 320 1,133 32,966 1,246 49,194 1,497 855 32,106 926 49,194 559 350 9i8 505 3.571 516 376 516 i76 89,140 181,795 270,935 208,466 Page 15
The Quelzal Project Iyotes to the Financial Statements for the Year Ended 31 March 2024 8 Net incorningloutgoing resources Net incomin¥ resources for the year include.. 2024 2023 tkpreciation of fixed assets 516 3)3 9 Staff costs The aggregate payn)11 costs were as follows". 2024 2023 Staff eosts during the year were: Wages and salaries Social security costs Pension costs 139,104 4,762 2,563 115,462 ?,886 2,344 146,4?9 121,692 The Inonthly averdge number of persons {including senior management team) employed by the Chaiity during the year was as follows.. 2024 2023 Average number of employees 5 (2023 5) of the above employees parti¢ipat¢d in the Defined Contribution Pension Scheme5. Contribiitions to the employee pension schemes for the year totalled £2,563 {2023 £2,344). No employee received emoluments of more than £60,000 during the year. The totsl employee benefits of the key management personnel of the charity were £42,395 (2023 - £37,662). Page 16
The Quelzal Project Iyotes to the Financial Statements for the Year Ended 31 March 2024 10 Tangible fixed assets Furniture and eqiiipment Computer equipmeTht Total Cost At l April 2023 Additions 22,949 22,949 912 912 At 31 March 2024 912 22,949 23,861 Depreciation At l April 2023 Charge for Ihe year 22,282 333 22,282 516 183 At 31 March 2024 183 2?.615 22,798 Net book value At 31 March 2024 729 i34 1.063 At 31 March 202) 667 667 I l Debtor5 2024 2023 Trade debtOT5 120 1,887 343 2.185 Prepayments 2,007 2,528 12 Cash and cash equivalents 2024 2023 Cgsh at bank 190,941 181,J76 13 Creditors: amounts falling due within one year 2024 2023 Trade creditors Other creditors 3,321 1.690 3,420 4,833 Page 17
The Quelzal Project Iyotes to the Financial Statements for the Year Ended 31 March 2024 14 Obligations under leases and hire purchase contracts The totsl value of future minimum lease payinents was as follows-. 2024 2023 Within one year In two to five years 9.600 26.400 9.600 9.600 19,200 15 Funds Balance at 31 March 2024 Balance at I April 2023 Incoming resourees Resources expended Transfers Unrestricted funds General General fund 100,169 93,466 (89,140) (30,000) 74,495 Designaled Reserves 30,109 iO.000 60,109 Total unrestricted funds 130,278 93,466 (89,140) 134,604 Restrieted funds Awards for All Community Maiters Fund Llovds Bank Foundatioi) fund Lloyds Local Colabs RASAF SARC MH Project Carlton Hayes Mental Health Trust MOJ National Lottery OPCC Commissioners Safety 1]d 8,819 4,650 (1.800) (4,650) 7,019 10,567 (10,567) (28.iOO) (i2,562) (10,450) (11,525) 48,100 32,562 10,450 19,600 1,525 8,600 7,625 59,065 (8,600) (9,075) (57.206) 1,450 25,918 27,777 6,860 16,860) Total restricted funds 49,460 186,731 {181,795) 54,396 Total funds 179,7i8 280,197 {270,935) 189,000 Page 18
The Quelzal Project Iyotes to the Financial Statements for the Year Ended 31 March 2024 Balance at 31 March 2023 Balance at I April 2022 IncorniDg re50urees Resources expended Trallsfers Unrestricted fund5 Generftl General fund 77.793 89,471 (6A,464) (2,631) 100.169 Desigvaled Reserves 30,109 30,109 Total vr1r1¢tcd fund5 107,902 89,471 (64,464 (2,631 130,278 Restricted Lloyds Bank Foiindation fund Making Local Life Better MH Project Carlton Hayes Mental Health Trust MOJ National Lottery OPCC Commissioners Safety fvnd Comic Relief NW Leicestershire DC fund Olee of ihe Police & Crime Commisisoner fund NHS Surge Reiiowations CR Continuatioi) fund The Shire5 fund Randal Chgritable Peer Support Groups The Queen and I 27,250 (16,683) (695) (8,231) 10,567 695 19,756 11,525 4,270 (4,270) (6,175) (4,112) 7,625 30,030 1,450 25,918 11,305) 15,471) (6,332) ,305 5.425 6,332 46 4,281 4,722 501 (4,281) (4,722) (10,830) (52,517) (1.000) 18,725) (6,022) 2,631 9,003 52,517 1,000 1,326 8,725 6,022 2,631 Total restricted funds 57,338 133,493 1144,002) 2.631 49,460 Total funds 165,240 222,964 {208,466) 179,7)8 Page 19
The Quelzal Project Iyotes to the Financial Statements for the Year Ended 31 March 2024 The specific purposes for which the funds are to be applied are as follows.. Awards for All - funding contributing toward staff salaries, service delivery and development., Cominunity Matters Fund funding coniributing toward activity sessions,. Lloyds Bank Foundation fund- core Costs support to pay for senior staff; Lloyds Local Colabs- fiinding contributing toward influencing partnership 'Ork; RASAF - fvnding contributing toward service delivery including EMDR service,. SARC funding contributing toward service delivery., Making Local Life Better- funding contributing toward the costs of training for two Clinical Supervisors: MH Project- oiitreach and coiinselling in the Market Harborou(Th district; Carlton Haves Mental Health Tru5t- fiinding for Counselling session5; MOJ - Delivery of Coiinselling seivices". National Lottery- Contributions towards Project Costs.. OPCC Coinmissioners Safety fund - Delivery of counselling services. 16 Analysis of net assets between funds Unrestricted 2024 Total fund5 General Designated Restricted Tanu5ible fixed assets Current assets Current liabilities 1,06i 78,443 1.063 192,948 {5,011) 60,109 54,396 Total net assets 74,495 60,109 189,000 Unrestriettd 2023 Total funds General Designated Restricted Tangible fixed assets CuTrent assets Current liabilities 667 667 18i,904 {4.833) 30,109 49.460 14,83)) Total net assets 100,169 30,109 49,460 179,738 17 Fees payable to independent examiner Duriiib the period, the fees pa)'able (excluding VATI to the charity's independent examiner Community Accounting Pliis are analysed as follows.. 2024 2023 Indcpendent examiiiation Other financial services 870 180 825 168 1.050 993 Page 20
The Quelzal Project Iyotes to the Financial Statements for the Year Ended 31 March 2024 18 Charity status The charity 15 a company limited by guaraiitee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 iowards ihe assets ol. the charity in the eveni of liquidation. 19 Taxation The charity is a registered chariry and is therefore exempt from taxation. 20 Trustees remuneration and expenses No trustees, nor any persons connected with them, have received any remuneration from the ¢harity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 21 Related party transactions There were no related party transactiL)ns in the year. Page21