Company registration nuM￿r.. 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 EXamine￿S 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 O￿lee
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 ex￿rIenCe 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)gl￿d 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 t￿￿te¢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 breakdO￿l 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 t￿rre￿I *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 a￿1¢ Ée¢tson 477
of the Companics Aa 200fy ￿lating Iv 5th￿1 Compan￿5.
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 cOmpl￿n8 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 Recordat￿e the s￿1￿1 provisions r¢￿ting 10 compafii¢¥
$ubjecl to tbe mll L%Trmpanies ￿8*m¢ within Part 15 of rh¢ Compan￿$ Act 2006.
51&leTt*I15 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 na￿re necessary to support them.
Government grants
Government grants are recognised bgsed on the aCC￿al 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 c￿￿ent 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 sp￿lfiC 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
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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
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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
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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).
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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
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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
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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 v￿r￿1r1¢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
O￿lee 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
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The Quelzal Project
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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
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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