**Registered charity no: 1143147 Registered company no: 07532242 (England and Wales** )
## **SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
Trustees’ Report
and
Accounts
for the financial year 1[st] April 2023 to 31[st] March 2024
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Contents**
||**Page**|
|---|---|
|Trustees' report|1 to 5|
|Independent examiner’s report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes to the accounts|9 to 17|
## **SIGNAL FAMILY SUPPORT LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024.
The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for the UK and Republic of Ireland (FRS 102).
## **OBJECTIVES AND ACTIVITIES**
Aims and Objectives
The principal aims of the association continue to be:
1. The provision of opportunities for families and interested individuals to give mutual support, informal advice, information and guidance in order to advance the wellbeing of families with children and young people (up to the age of 25 on joining) who are on the autism spectrum and live in the London Borough of Lewisham.
2. The provision or the commissioning of facilities, services and activities for the benefit of the family members.
## **Significant activities**
During the year to 31st March 2024, SIGNAL Family Support Ltd carried on its usual primary purpose of providing mutual support for its members via various activities but in new and different ways following on from our adjustments because of the continuing covid-19 pandemic.
We have switched our members’ meetings back to in-person but with the hybrid and option to host online events as well to reach more members.
Coffee mornings for parents continued to be popular in 2023/24 and various members have hosted in their own homes, and we have also made use of neutral spaces such as the children’s centre and local cafes.
Our weekly trampolining and swimming classes continued this year and are still hugely popular with considerable waiting lists, especially for swimming. We hired an extra instructor this year to accommodate more young people taking part in the swimming lessons.
Our annual Family Summer Party was held in July at our usual venue in Ladywell with the regular attractions such as a bouncy castle, raffle, arts & crafts and food. This year we continued to have a Game Wagon which was very popular once again.
1
Our Teen Group (social group for autistic teenagers) continues to run every week, whether in person and/or via Zoom. It includes organised activities, such as board games and pizza-making, as well as informal chat, games and so on.
From September 2020 we have been offering a weekly yoga class via Zoom on Tuesday evenings and these have continued throughout 2023/24.
Having secured funding at the end of 2022 for 2 years, we started our project with The Deborah Ubee Trust to provide mental health support for some of our members’ children, offering 10 sessions per young person. It has proved enormously popular and provides an invaluable service.
This year we undertook a full programme of day trips, outings and events, including Broadstairs, Tower Bridge Experience, AirThrill, panto, oxygen trampoline park and 10-pin bowling. All events were well attended.
Our private Facebook group continues to be a welcoming, supportive and active space for our members. It provides a lifeline for many.
SIGNAL has maintained a strong local presence and continues to work closely with the Local Authority and other agencies to support families affected by autism in Lewisham. Amongst other things, we have supported our parents to campaign in various areas including school transport and the Government’s Delivering Better Value scheme. We have also been involved in setting up a social group for autistic girls and taking part in the event to launch the borough’s All Age Autism Strategy.
## **Volunteers**
We would like to thank our volunteers who have generously donated their time and talents to the charity, especially our trustees.
In early 2023 a number of our trustees stepped down due to personal circumstances. At the time of writing, we have 3 trustees and they are working well together to help SIGNAL move forward.
## **FINANCIAL REVIEW**
SIGNAL Family Support was in a healthy financial position as at 31st March 2024 in terms of covering existing costs, and continues to be. Our income relies on a number of funding organisations whom we mention below. Our fundraiser works hard to maintain these relationships and to seek new funding sources for both our ongoing and our new projects.
Other income is generated by the membership who pay a joining fee plus nominal amounts for our events and activities.
Total income for the year is £38,984 (2023: £59,872), of which £16,032 (2023: £37,223) is restricted income for specific purposes and £22,952 (2023: £22,649) is
2
for general purposes. Total expenditure in the year is £75,840 (2023: £73,045) of which £41,975 (2023: £61,887) is related to restricted income.
The reserves of SIGNAL Family Support at 31st March 2024 are £50,493 (2023: £87,349) in total, with £17,974 (2023: £44,029) relating to restricted income funds and £32,519 (2023:£43,320) being our general reserve.
## **Principal funding sources**
A big thank you to BBC Children in Need, National Lottery Community Fund, City Bridge Trust and Children First Lewisham for their continued support of our activities, plus all members and supporters who donate throughout the year, including the congregation of St Hilda’s parish church in Crofton Park.
## **Reserves policy**
The charity aims to maintain unrestricted reserves equivalent to 3 to 6 months’ operating costs. For a normal year this is considered to be approximately £21,000 to £42,000. This has been maintained throughout the reporting period and the period up to the signing of the accounts. It is not anticipated that this policy will need to be changed in the foreseeable future. At the year end the charity’s unrestricted reserve stands within the policy at £32,519. The trustees are satisfied that the reserve and confirmed funding in the following year are sufficient to meet the charity’s committed and expected costs.
## **FUTURE PLANS**
Although covid-19 is still present in the community, we are now running a full programme of events and activities. The coming year will see a new manager for SIGNAL, the 2[nd] year of our mental health project and increasing our funding streams to diversify our funding and sustainability. We will continue to work through a process of revising some of our procedures around how activities are managed to ensure that we are as fair and efficient as possible.
3
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Governing document
The charity is controlled by its governing document, a deed of trust, and is a company limited by guarantee, as defined by the Companies Act 2006.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Registered charity no: 1143147
Registered company number: 07532242 (England and Wales)
Registered office: Hatcham Oak Children’s Centre, 29 Wallbutton Road, London SE4 2NX
## **Trustees**
G Nwaordu Chair
Y Welch Treasurer
T Jakubowiczova
## **Independent examiner**
Kathleen Moss ACMA, CGMA
Kathleen Moss Limited
48 Lawn Terrace London SE3 9LP
4
## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES**
The Trustees (who are also directors of SIGNAL Family Support Ltd for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:
- Select suitable accounting policies and then apply them consistently.
- Observe the methods and principles in the Charities SORP.
- Make judgments and accounting estimates that are reasonable and prudent.
- State whether applicable UK Accounting Standards have been followed.
- Prepare the financial statements on the going concern basis unless it is
- inappropriate to presume that the charitable company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 March 2024 was 3 (2023: 9). The Trustees are members of the charity. The Trustees have no beneficial interest in the charity and are not remunerated.
Approved by the Board of Trustees on 16th December 2024 and signed on its behalf by _Gabrielle Nwaordu_
Gabrielle Nwaordu
5
**SIGNAL FAMILY SUPPORT**
**(Limited by Guarantee)**
## **Independent Examiner's Report**
## **To the Trustees of SIGNAL Family Support Limited**
I report on my examination of the financial statements of the charitable company SIGNAL Family Support Ltd for the year ended 31st March 2024, which comprise the Statement of Finacial Activities, the Balance Sheet and related notes.
## **Responsibilities and basis of report**
As the charity trustees 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 Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## _K R Moss_
Dated: 17th December 2024
## **Kathleen Moss ACMA, CGMA Kathleen Moss Limited**
48 Lawn Terrace
London
SE3 9LP
6
## **SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31st March 2024**
|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**2024**
**Income**
**Notes**
**£**
**£**
**£**
Donations and legacies
**3**
10,588
-
10,588
Charitable activities
**4**
12,364
16,032
28,396
**Total income**
**22,952**
**16,032**
**38,984**
**Expenditure:**
**5**
Raising funds
3,211
-
3,211
Charitable activities
30,654
41,975
72,629
**Total expenditure**
**33,865**
**41,975**
**75,840**
**Net income/(expenditure)**
10,913)
(
25,943)
(
36,856)
(
Transfer between funds
112
112)
(
-
**Disposal of fixed assets**
**Net income/(expenditure) and net movement in**
**funds for the year**
10,801)
(
26,055)
(
36,856)
(
**Reconciliation of funds**
Total funds brought forward
43,320
44,029
87,349
**Total funds carried forward**
**32,519**
**£**
**17,974**
**£**
**50,493**
**£**|**_Unrestricted_**
**_funds_**
**_Restricted_**
**_funds_**
**_Total funds_**
**_2023_**|
|---|---|
||**_£_**
**_£_**
**_£_**
_10,999_
_-_
_10,999_
_11,650_
_37,223_
_48,873_|
||**_22,649_**
**_37,223_**
**_59,872_**|
||_3,884_
_-_
_3,884_
_7,274_
_61,887_
_69,161_|
||**_11,158_**
**_61,887_**
**_73,045_**|
||_11,491_
_24,664)_
_(_
_13,173)_
_(_
_-_
_-_
_-_|
||_11,491_
_24,664)_
_(_
_13,173)_
_(_
_31,829_
_68,693_
_100,522_|
||**_43,320_**
**_£_**
**_44,029_**
**_£_**
**_87,349_**
**_£_**|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
The statement of financial activities complies with the requirements for an income and expenditure account under the Companies Act 2006.
The notes on pages 8 to 16 form part of these accounts.
7
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Balance Sheet As at 31st March 2024**
|**Note**
**Fixed assets**
Tangible Assets
**8**
**Current assets**
Debtors
**9**
Cash at bank and in hand
**Liabilities:**
Creditors: Amount falling due within one year
**10**
**Net current assets / (liabilities)**
**Net assets**
**The funds of the charity:**
**11**
Restricted income funds
**12**
Unrestricted income funds
**12**
General reserve
**Total charity funds**|**2024**
**£**
-
397
56,715
57,112
6,619)
(
50,493
**50,493**
17,974
32,519
**50,493**|**_2023_**|
|---|---|---|
|||**_£_**
_-_
_2,500_
_94,564_|
|||_97,064_|
|||_9,715)_
_(_|
|||_87,349_|
|||**_87,349_**|
|||_44,029_
_43,320_|
|||**_87,349_**|
The charity is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31st March 2024. No member of the charitable company has deposited a notice, pursuant to section 476, requiring an audit of these accounts.
The trustees acknowledge their responsibilities for ensuring that the charitable company keeps accounting records which comply with sections 386 and 387 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the charitible company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
The notes on pages 8 to 16 form part of these accounts.
The accounts were approved by the Board on 16th December 2024
|_Gabrielle Nwaordu_|Gabrielle Nwaordu|
|---|---|
|**Trustee**|**Name**|
|**Charity Registration No. 1143147**||
|**Company Registration No. 07532242**||
8
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31st March 2024**
## **1 Statutory information**
SIGNAL Family Support Ltd is a charitable company, limited by guarantee, registered in England and Wales number 07532242, charity number 1143147. The charitable company’s registered office address is Hatcham Oak Children's Centre, Wallbutton Road, London, SE4 2NX. The registered office is the principle place of business. The functional currency is sterling.
## **2 Accounting policies**
## **2.1 Basis of preparation**
The financial statements have been prepared in accordance with Accounting 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) (Charities SORP FRS 102) and the Companies Act 2006.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **2.2 Public benefit entity**
The charitable company meets the definition of a public benefit entity under FRS 102.
## **2.3 Going concern**
The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The charitable company can comfortably operate based on confirmed funding along with sufficient reserves.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
## **2.4 Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.
Where donations and grants are restricted to future accounting periods, they are deferred and recognised in those future accounting periods. Grants for immediate financial support and assistance, or to reimburse costs previously incurred, are recognised immediately.
Income from charitable activities comprises swimming, trampolining, dramatherapy and trips which are included when receivable.
## **2.5 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## **2.6 Fund accounting**
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.
Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
**Notes to the financial statements for the year ended 31 March 2024:** _continued_
## **2.7 Expenditure and basis of apportioning costs**
9
## **SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis with the irrecoverable element of VAT included with the item to which it relates and has been classified under headings that aggregate all costs related to the category. Expenditure is classified under the following activity headings:
**Raising funds:** Costs of raising funds relate to the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.
**Charitable activites:** Expenditure on charitable activities includes the costs of delivering services and other activities undertaken to further the purposes of the charity and their associated support costs.
## **2.8 Tangible fixed assets and depreciation**
The charitable company operates a policy of capitalising fixed asset items over £500. Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life. The principal annual rates used for this purpose are:
Computer Equipment
25% on cost
## **2.7 Leasing and hire purchase commitments**
Rental charges are charged on a straight line basis over the term of the lease.
## **2.8 Cash at bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid investments.
The trustees seek to use short term deposits to maximise the return on monies held at the bank and to manage cash flow. The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2.9 Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.10 Creditors and provisions**
Creditors and provisions are recognised where the charitable company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **2.11 Fundraising**
Funds are raised through individual donations, grants from Trusts, Foundations and Government grants and contracts. Some fundraising events have also been carried out. SIGNAL Family Support Ltd employs a 3rd party fundraiser to assist with raising grant funding.
## **2.12 Pensions**
The charitable company operates an Auto Enrolment defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they are incurred.
10
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31 March 2024: continued**
|**3**
**Donations and legacies**
Donations & fundraising events
Membership subscriptions
**_Donations and legacies - prior year_**
**_comparative_**
_Donations & fundraising events_
_Membership subscriptions_
**4**
**Income from charitable activities**
The National Lottery Fund
Trips
Swimming
Trampolining
Mental Health course
**_Income from charitable activities - prior year_**
**_comparative_**
_The National Lottery Fund_
_BBC Children in Need_
_City Bridge Trust_
_Trips_
_Swimming_
_Trampolining_|**Unrestricted**
**Restricted**
**Total**
**2024**
**£**
4,633
-
4,633
5,955
-
5,955|
|---|---|
||**10,588**
**-**
**10,588**|
||**_Unrestricted_**
**_Restricted_**
**_Total_**
**_2023_**
**_£_**
_4,612_
_-_
_4,612_
_6,387_
_-_
_6,387_|
||**_10,999_**
**_-_**
**_10,999_**|
||**Unrestricted**
**Restricted**
**Total**
**2024**
**£**
-
16,032
16,032
4,449
-
4,449
5,369
-
5,369
2,146
-
2,146
400
-
400|
||**12,364**
**16,032**
**28,396**|
||**_Unrestricted_**
**_Restricted_**
**_Total_**
**_2023_**
**_£_**
_-_
_6,960_
_6,960_
_500_
_20,263_
_20,763_
_-_
_10,000_
_10,000_
_5,440_
_-_
_5,440_
_3,528_
_-_
_3,528_
_2,128_
_-_
_2,128_|
||**_11,596_**
**_37,223_**
**_48,819_**|
11
## **SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31 March 2024: continued**
## **5 Analysis of expenditure**
|**Analysis of expenditure**|||||
|---|---|---|---|---|
||**Cost of raising funds**|**Charitable activities**|**Governance costs**|**2024 Total**|
||£|£|£|**£**|
|Fundraising|3,131|-|-|**3,131**|
|Staff costs|-|23,813|-|**23,813**|
|Swimming|-|14,025|-|**14,025**|
|Trips|-|8,800|-|**8,800**|
|Trampolining|-|7,437|-|**7,437**|
|Office & administration|-|499|453|**952**|
|Teens group|-|6,779|-|**6,779**|
|Parents' meetings/family activities|-|1,566|-|**1,566**|
|Yoga|-|1,520|-|**1,520**|
|Mental health project|-|5,000|-|**5,000**|
|Newsletter|-|1,191|-|**1,191**|
|Depreciation|-|-|-|**-**|
|Insurance|-|198|-|**198**|
|Legal|-|-|-|**-**|
|Training|-|-|-|**-**|
|Independent Examination 2024|-|-|900|**900**|
|Independent Examination 2023|||120|**120**|
|Payroll service||-|408|**408**|
|Total|3,131|70,828|1,881|75,840|
|Governance costs|80|1,801|(1,881)|-|
|**Total expenditure 2024**|**3,211**|**72,629**|**-**|**75,840**|
|||**Unrestricted**|**Restricted**|**Total**|
|Of the total expenditure:|**2024**|33,753|42,087|**75,840**|
||**_2023_**|_11,158_|_61,887_|**_73,045_**|
|**_Analysis of expenditure - prior year comparative_**|||||
||**_Cost of raising funds_**|**_Charitable activities_**|**_Governance costs_**|**_2023 Total_**|
||_£_|_£_|_£_|**_£_**|
|_Fundraising_|_3,741_|_-_|_-_|**_3,741_**|
|_Staff costs_|_-_|_20,353_|_1,071_|**_21,424_**|
|_Swimming_|_-_|_12,343_|_-_|**_12,343_**|
|_Trips_|_-_|_10,808_|_-_|**_10,808_**|
|_Trampolining_|_-_|_7,586_|_-_|**_7,586_**|
|_Office & administration_|_-_|_311_|_112_|**_423_**|
|_Teens group_|_-_|_5,899_|_-_|**_5,899_**|
|_Parents' meetings/family activities_|_-_|_2,022_|_-_|**_2,022_**|
|_Yoga_|_-_|_1,720_|_-_|**_1,720_**|
|_Mental health project_|_-_|_5,000_|_-_|**_5,000_**|
|_Newsletter_|_-_|_565_|_-_|**_565_**|
|_Depreciation_|_-_|_-_|_-_|**_-_**|
|_Insurance_|_-_|_-_|_438_|**_438_**|
|_Legal_|_-_|_-_|_-_|**_-_**|
|_Training_|_-_|_-_|_-_|**_-_**|
|_Independent Examination 2023_|_-_|_-_|_700_|**_700_**|
|_Payroll service_||_-_|_376_|**_376_**|
|_Total_|_3,741_|_66,607_|_2,697_|_73,045_|
|_Governance costs_|_143_|_2,554_|_(2,697)_|_-_|
|**_Total expenditure 2023_**|**_3,884_**|**_69,161_**|**_-_**|**_73,045_**|
12
**8**
## **SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31 March 2024: continued**
**6 Net income for the year**
|The net income for the year is stated after charging:
Independent Examination
**7**
**Staff costs**
Staff costs during the year were:
Salaries and wages
Social Security costs
Employer’s contribution to defined contribution pension schemes
**Number of employees**
The average monthly number of employees during the year were:
Administration
Depreciation of tangible fixed assets owned by the
charitable company|**2024**
**_2023_**
**£**
**_£_**
-
-
900
_700_
**2024**
**_2023_**
**£**
**£**
22,880
20,800
-
-
686
624|
|---|---|
||**23,566**
_21,424_|
||**2024**
**_2023_**
1
_1_|
There were no employees whose annual remuneration was £60,000 or more.
The key management personnel of the charitable company were the Trustees. Total employee benefits paid to key management personnel were nil (2023: nil).
## **Tangible fixed assets**
|**Cost:**
**At 31 March 2024**
**Depreciation:**
At 1 April 2023
Charge for year
On disposals
**At 31 March 2024**
**Net book value:**
**At 31 March 2024**
_At 31 March 2023_|**Equipment**
**£**
**2,376**|
|---|---|
||2,376
-
-|
||**2,376**|
|||
||**-**|
|||
||**_-_**|
13
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31 March 2024: continued**
## **9 Debtors**
|**9**|**Debtors**||||
|---|---|---|---|---|
||||**2024**|**_2023_**|
||||**£**|**_£_**|
||Prepayment||277|-|
||Accrued income||120|_2,500_|
||||**397**|**_2,500_**|
|**10**|**Creditors**||||
||**Amounts falling due within one year:**||||
||||**2024**|**_2023_**|
||||**£**|**_£_**|
||Social Security and other taxes||258|_219_|
||Pension||133|_121_|
||Accruals & other creditors||6,228|_9,375_|
||||**6,619**|**_9,715_**|
|**11**|**Analysis of net assets between funds**||||
|||**Unrestricted**|**Restricted**|**Total**|
|||**Funds**|**Funds**|**Funds**|
|||**£**|**£**|**£**|
||Fund Balances at 31 March 2024 are represented by:||||
||Tangible Fixed Assets|-|-|-|
||Current Assets|35,758|21,354|57,112|
||Creditors: Amounts falling due within one year|(3,239)|( 3,380)|(6,619)|
||**Total net assets**|**32,519**|**17,974**|**50,493**|
||**Analysis of net assets between funds -****_prior year comparative_**||||
|||**_Unrestricted_**|**_Restricted_**|**_Total_**|
|||**_Funds_**|**_Funds_**|**_Funds_**|
|||**_£_**|**_£_**|**_£_**|
||_Fund Balances at 31 March 2023 are represented by:_||||
||_Tangible Fixed Assets_|_-_|_-_|_-_|
||_Current Assets_|_53,035_|_44,029_|_97,064_|
||_Creditors: Amounts falling due within one year_|_(9,715)_|**-**|_(9,715)_|
||**_Total net assets_**|**_43,320_**|**_44,029_**|**_87,349_**|
14
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31 March 2024: continued**
## **12 Funds**
The income funds of the charity include restricted and unrestricted funds comprising the following unexpended balances of donations and grants held on trust:
|**Restricted Funds**
Teen Group
Swimming
Trips
Trampolining
Mental Health Project
Financial/Information/
Governance/Evening meetings
Administrator
**Total Restricted Funds**
**Unrestricted funds:**
**General funds**
**Total funds**|**At**
**Incoming**
**Outgoing**
**Transfer**
**between**
**funds**
**At**
**01-Apr-23**
**31-Mar-24**
**£**
**£**
**£**
**£**
4,680
6,960
( 6,867)
-
**4,773**
-
9,072
( 5,774)
-
**3,298**
17,243
-
( 8,800)
( 112)
**8,331**
5,303
-
( 5,303)
-
**-**
5,000
-
( 5,000)
-
**-**
3,834
-
( 2,262)
-
**1,572**
7,969
-
( 7,969)
-
**-**|
|---|---|
||**44,029**
**16,032**
**(41,975)**
**( 112)**
**17,974**|
||**43,320**
**22,952**
**(33,865)**
**112**
**32,519**|
||**87,349**
**38,984**
**( 75,840)**
**-**
**50,493**|
## **Restricted Funds - description**
The activities that SIGNAL Family Support members can access are supported by restricted funding where possible. Funding is sought from various Trusts and Funds. Most recently BBC Children in Need, City Bridge Trust and National Lottery have granted funds to support activities.
15
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31 March 2024: continued**
## **12** _**Funds - prior year comparative**_
_The income funds of the charity include restricted and unrestricted funds comprising the following unexpended balances of donations and grants held on trust:_
|**_Restricted Funds_**
_Teen Group_
_Swimming_
_Yoga_
_Trips_
_Trampolining_
_Mental Health Project_
_Financial/information/_
_Governance_
_Administrator_
**_Total Restricted Funds_**
**_Unrestricted funds:_**
**_General funds_**
**_Total funds_**|**_At_**
**_Incoming_**
**_Outgoing_**
**_Transfer_**
**_between funds_**
**_At_**
**_01-Apr-22_**
**_31-Mar-23_**
**_£_**
**_£_**
**_£_**
**_£_**
_3,619_
_6,960_
_( 5,899)_
_-_
**_4,680_**
_5,071_
_-_
_( 5,071)_
_-_
**_-_**
_1,240_
_-_
_( 1,240)_
_-_
**_-_**
_17,919_
_10,132_
_( 10,808)_
_-_
**_17,243_**
_12,889_
_-_
_( 7,586)_
_-_
**_5,303_**
_-_
_10,000_
_( 5,000)_
_-_
**_5,000_**
_8,317_
_-_
_( 4,483)_
_-_
**_3,834_**
_19,638_
_10,131_
_( 21,800)_
_-_
**_7,969_**|
|---|---|
||**_68,693_**
**_37,223_**
**_(61,887)_**
**-**
**_44,029_**|
||**_31,829_**
**_22,649_**
**_(11,158)_**
**-**
**_43,320_**|
||**_100,522_**
**_59,872_**
**_(73,045)_**
_-_
**_87,349_**|
## **13 Taxation**
The charitable company is registered as a charity and all of its income falls within the exemptions under Part 11 of the Corporation Tax Act 2010.
## **14 Related parties**
There are no related party transactions to disclose for 2024 (2023: none). Trustees are appointed from the membership of SIGNAL Family Support and as such continue to act as members paying membership and activity fees and taking part in activities & trips on the same basis as other members.
There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.
## **15 Trustees**
None of the trustees (or any person connected with them) received any remunerations from the charity during the year. No reimbursements were made to trustees in 2024 (2023: none) for travelling and other expenses and no payments were made direct to third parties in relation to trustees.
## **16 Pension and other post-retirement benefit commitments**
|**Pension and other post-retirement benefit commitments**|||
|---|---|---|
|Defined contribution|**2024**|**_2023_**|
||**£**|**_£_**|
|Contributions payable by the company for the year|686|_624_|
At 31 March 2024 £133 was outstanding, paid in April 2024.
16
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31 March 2024: continued**
## **17 Contingent assets or liabilities**
There are no contingent assets or liabilities at March 2024 (2023:Nil).
## **18 Professional indemnity insurance**
The charitable company has insurance to protect it from loss arising from the neglect or defaults of its Trustee, e and agents and to indemnify the Trustees or other officers against the consequences of any neglect or default o The insurance premium paid by the charitable company during the year totaled £475 (2023: £438).
## **19 Liability of members**
SIGNAL Family Support Ltd is a company limited by guarantee and has no share capital. In the event of the comp wound up, the liability of the members is limited to £1 each.
## **20 Ultimate controlling party**
The charitable company was under the control of the trustees during the period under review. There is no singl controlling party.
17
**Registered charity no: 1143147 Registered company no: 07532242 (England and Wales** )
## **SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
Trustees’ Report
and
Accounts
for the financial year 1[st] April 2023 to 31[st] March 2024
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Contents**
||**Page**|
|---|---|
|Trustees' report|1 to 5|
|Independent examiner’s report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes to the accounts|9 to 17|
## **SIGNAL FAMILY SUPPORT LTD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024.
The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for the UK and Republic of Ireland (FRS 102).
## **OBJECTIVES AND ACTIVITIES**
Aims and Objectives
The principal aims of the association continue to be:
1. The provision of opportunities for families and interested individuals to give mutual support, informal advice, information and guidance in order to advance the wellbeing of families with children and young people (up to the age of 25 on joining) who are on the autism spectrum and live in the London Borough of Lewisham.
2. The provision or the commissioning of facilities, services and activities for the benefit of the family members.
## **Significant activities**
During the year to 31st March 2024, SIGNAL Family Support Ltd carried on its usual primary purpose of providing mutual support for its members via various activities but in new and different ways following on from our adjustments because of the continuing covid-19 pandemic.
We have switched our members’ meetings back to in-person but with the hybrid and option to host online events as well to reach more members.
Coffee mornings for parents continued to be popular in 2023/24 and various members have hosted in their own homes, and we have also made use of neutral spaces such as the children’s centre and local cafes.
Our weekly trampolining and swimming classes continued this year and are still hugely popular with considerable waiting lists, especially for swimming. We hired an extra instructor this year to accommodate more young people taking part in the swimming lessons.
Our annual Family Summer Party was held in July at our usual venue in Ladywell with the regular attractions such as a bouncy castle, raffle, arts & crafts and food. This year we continued to have a Game Wagon which was very popular once again.
1
Our Teen Group (social group for autistic teenagers) continues to run every week, whether in person and/or via Zoom. It includes organised activities, such as board games and pizza-making, as well as informal chat, games and so on.
From September 2020 we have been offering a weekly yoga class via Zoom on Tuesday evenings and these have continued throughout 2023/24.
Having secured funding at the end of 2022 for 2 years, we started our project with The Deborah Ubee Trust to provide mental health support for some of our members’ children, offering 10 sessions per young person. It has proved enormously popular and provides an invaluable service.
This year we undertook a full programme of day trips, outings and events, including Broadstairs, Tower Bridge Experience, AirThrill, panto, oxygen trampoline park and 10-pin bowling. All events were well attended.
Our private Facebook group continues to be a welcoming, supportive and active space for our members. It provides a lifeline for many.
SIGNAL has maintained a strong local presence and continues to work closely with the Local Authority and other agencies to support families affected by autism in Lewisham. Amongst other things, we have supported our parents to campaign in various areas including school transport and the Government’s Delivering Better Value scheme. We have also been involved in setting up a social group for autistic girls and taking part in the event to launch the borough’s All Age Autism Strategy.
## **Volunteers**
We would like to thank our volunteers who have generously donated their time and talents to the charity, especially our trustees.
In early 2023 a number of our trustees stepped down due to personal circumstances. At the time of writing, we have 3 trustees and they are working well together to help SIGNAL move forward.
## **FINANCIAL REVIEW**
SIGNAL Family Support was in a healthy financial position as at 31st March 2024 in terms of covering existing costs, and continues to be. Our income relies on a number of funding organisations whom we mention below. Our fundraiser works hard to maintain these relationships and to seek new funding sources for both our ongoing and our new projects.
Other income is generated by the membership who pay a joining fee plus nominal amounts for our events and activities.
Total income for the year is £38,984 (2023: £59,872), of which £16,032 (2023: £37,223) is restricted income for specific purposes and £22,952 (2023: £22,649) is
2
for general purposes. Total expenditure in the year is £75,840 (2023: £73,045) of which £41,975 (2023: £61,887) is related to restricted income.
The reserves of SIGNAL Family Support at 31st March 2024 are £50,493 (2023: £87,349) in total, with £17,974 (2023: £44,029) relating to restricted income funds and £32,519 (2023:£43,320) being our general reserve.
## **Principal funding sources**
A big thank you to BBC Children in Need, National Lottery Community Fund, City Bridge Trust and Children First Lewisham for their continued support of our activities, plus all members and supporters who donate throughout the year, including the congregation of St Hilda’s parish church in Crofton Park.
## **Reserves policy**
The charity aims to maintain unrestricted reserves equivalent to 3 to 6 months’ operating costs. For a normal year this is considered to be approximately £21,000 to £42,000. This has been maintained throughout the reporting period and the period up to the signing of the accounts. It is not anticipated that this policy will need to be changed in the foreseeable future. At the year end the charity’s unrestricted reserve stands within the policy at £32,519. The trustees are satisfied that the reserve and confirmed funding in the following year are sufficient to meet the charity’s committed and expected costs.
## **FUTURE PLANS**
Although covid-19 is still present in the community, we are now running a full programme of events and activities. The coming year will see a new manager for SIGNAL, the 2[nd] year of our mental health project and increasing our funding streams to diversify our funding and sustainability. We will continue to work through a process of revising some of our procedures around how activities are managed to ensure that we are as fair and efficient as possible.
3
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Governing document
The charity is controlled by its governing document, a deed of trust, and is a company limited by guarantee, as defined by the Companies Act 2006.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Registered charity no: 1143147
Registered company number: 07532242 (England and Wales)
Registered office: Hatcham Oak Children’s Centre, 29 Wallbutton Road, London SE4 2NX
## **Trustees**
G Nwaordu Chair
Y Welch Treasurer
T Jakubowiczova
## **Independent examiner**
Kathleen Moss ACMA, CGMA
Kathleen Moss Limited
48 Lawn Terrace London SE3 9LP
4
## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES**
The Trustees (who are also directors of SIGNAL Family Support Ltd for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:
- Select suitable accounting policies and then apply them consistently.
- Observe the methods and principles in the Charities SORP.
- Make judgments and accounting estimates that are reasonable and prudent.
- State whether applicable UK Accounting Standards have been followed.
- Prepare the financial statements on the going concern basis unless it is
- inappropriate to presume that the charitable company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 March 2024 was 3 (2023: 9). The Trustees are members of the charity. The Trustees have no beneficial interest in the charity and are not remunerated.
Approved by the Board of Trustees on 16th December 2024 and signed on its behalf by _Gabrielle Nwaordu_
Gabrielle Nwaordu
5
**SIGNAL FAMILY SUPPORT**
**(Limited by Guarantee)**
## **Independent Examiner's Report**
## **To the Trustees of SIGNAL Family Support Limited**
I report on my examination of the financial statements of the charitable company SIGNAL Family Support Ltd for the year ended 31st March 2024, which comprise the Statement of Finacial Activities, the Balance Sheet and related notes.
## **Responsibilities and basis of report**
As the charity trustees 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 Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## _K R Moss_
Dated: 17th December 2024
## **Kathleen Moss ACMA, CGMA Kathleen Moss Limited**
48 Lawn Terrace
London
SE3 9LP
6
## **SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31st March 2024**
|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**2024**
**Income**
**Notes**
**£**
**£**
**£**
Donations and legacies
**3**
10,588
-
10,588
Charitable activities
**4**
12,364
16,032
28,396
**Total income**
**22,952**
**16,032**
**38,984**
**Expenditure:**
**5**
Raising funds
3,211
-
3,211
Charitable activities
30,654
41,975
72,629
**Total expenditure**
**33,865**
**41,975**
**75,840**
**Net income/(expenditure)**
10,913)
(
25,943)
(
36,856)
(
Transfer between funds
112
112)
(
-
**Disposal of fixed assets**
**Net income/(expenditure) and net movement in**
**funds for the year**
10,801)
(
26,055)
(
36,856)
(
**Reconciliation of funds**
Total funds brought forward
43,320
44,029
87,349
**Total funds carried forward**
**32,519**
**£**
**17,974**
**£**
**50,493**
**£**|**_Unrestricted_**
**_funds_**
**_Restricted_**
**_funds_**
**_Total funds_**
**_2023_**|
|---|---|
||**_£_**
**_£_**
**_£_**
_10,999_
_-_
_10,999_
_11,650_
_37,223_
_48,873_|
||**_22,649_**
**_37,223_**
**_59,872_**|
||_3,884_
_-_
_3,884_
_7,274_
_61,887_
_69,161_|
||**_11,158_**
**_61,887_**
**_73,045_**|
||_11,491_
_24,664)_
_(_
_13,173)_
_(_
_-_
_-_
_-_|
||_11,491_
_24,664)_
_(_
_13,173)_
_(_
_31,829_
_68,693_
_100,522_|
||**_43,320_**
**_£_**
**_44,029_**
**_£_**
**_87,349_**
**_£_**|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
The statement of financial activities complies with the requirements for an income and expenditure account under the Companies Act 2006.
The notes on pages 8 to 16 form part of these accounts.
7
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Balance Sheet As at 31st March 2024**
|**Note**
**Fixed assets**
Tangible Assets
**8**
**Current assets**
Debtors
**9**
Cash at bank and in hand
**Liabilities:**
Creditors: Amount falling due within one year
**10**
**Net current assets / (liabilities)**
**Net assets**
**The funds of the charity:**
**11**
Restricted income funds
**12**
Unrestricted income funds
**12**
General reserve
**Total charity funds**|**2024**
**£**
-
397
56,715
57,112
6,619)
(
50,493
**50,493**
17,974
32,519
**50,493**|**_2023_**|
|---|---|---|
|||**_£_**
_-_
_2,500_
_94,564_|
|||_97,064_|
|||_9,715)_
_(_|
|||_87,349_|
|||**_87,349_**|
|||_44,029_
_43,320_|
|||**_87,349_**|
The charity is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31st March 2024. No member of the charitable company has deposited a notice, pursuant to section 476, requiring an audit of these accounts.
The trustees acknowledge their responsibilities for ensuring that the charitable company keeps accounting records which comply with sections 386 and 387 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the charitible company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
The notes on pages 8 to 16 form part of these accounts.
The accounts were approved by the Board on 16th December 2024
|_Gabrielle Nwaordu_|Gabrielle Nwaordu|
|---|---|
|**Trustee**|**Name**|
|**Charity Registration No. 1143147**||
|**Company Registration No. 07532242**||
8
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31st March 2024**
## **1 Statutory information**
SIGNAL Family Support Ltd is a charitable company, limited by guarantee, registered in England and Wales number 07532242, charity number 1143147. The charitable company’s registered office address is Hatcham Oak Children's Centre, Wallbutton Road, London, SE4 2NX. The registered office is the principle place of business. The functional currency is sterling.
## **2 Accounting policies**
## **2.1 Basis of preparation**
The financial statements have been prepared in accordance with Accounting 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) (Charities SORP FRS 102) and the Companies Act 2006.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **2.2 Public benefit entity**
The charitable company meets the definition of a public benefit entity under FRS 102.
## **2.3 Going concern**
The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The charitable company can comfortably operate based on confirmed funding along with sufficient reserves.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
## **2.4 Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.
Where donations and grants are restricted to future accounting periods, they are deferred and recognised in those future accounting periods. Grants for immediate financial support and assistance, or to reimburse costs previously incurred, are recognised immediately.
Income from charitable activities comprises swimming, trampolining, dramatherapy and trips which are included when receivable.
## **2.5 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## **2.6 Fund accounting**
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.
Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
**Notes to the financial statements for the year ended 31 March 2024:** _continued_
## **2.7 Expenditure and basis of apportioning costs**
9
## **SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis with the irrecoverable element of VAT included with the item to which it relates and has been classified under headings that aggregate all costs related to the category. Expenditure is classified under the following activity headings:
**Raising funds:** Costs of raising funds relate to the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.
**Charitable activites:** Expenditure on charitable activities includes the costs of delivering services and other activities undertaken to further the purposes of the charity and their associated support costs.
## **2.8 Tangible fixed assets and depreciation**
The charitable company operates a policy of capitalising fixed asset items over £500. Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life. The principal annual rates used for this purpose are:
Computer Equipment
25% on cost
## **2.7 Leasing and hire purchase commitments**
Rental charges are charged on a straight line basis over the term of the lease.
## **2.8 Cash at bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid investments.
The trustees seek to use short term deposits to maximise the return on monies held at the bank and to manage cash flow. The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2.9 Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.10 Creditors and provisions**
Creditors and provisions are recognised where the charitable company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **2.11 Fundraising**
Funds are raised through individual donations, grants from Trusts, Foundations and Government grants and contracts. Some fundraising events have also been carried out. SIGNAL Family Support Ltd employs a 3rd party fundraiser to assist with raising grant funding.
## **2.12 Pensions**
The charitable company operates an Auto Enrolment defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they are incurred.
10
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31 March 2024: continued**
|**3**
**Donations and legacies**
Donations & fundraising events
Membership subscriptions
**_Donations and legacies - prior year_**
**_comparative_**
_Donations & fundraising events_
_Membership subscriptions_
**4**
**Income from charitable activities**
The National Lottery Fund
Trips
Swimming
Trampolining
Mental Health course
**_Income from charitable activities - prior year_**
**_comparative_**
_The National Lottery Fund_
_BBC Children in Need_
_City Bridge Trust_
_Trips_
_Swimming_
_Trampolining_|**Unrestricted**
**Restricted**
**Total**
**2024**
**£**
4,633
-
4,633
5,955
-
5,955|
|---|---|
||**10,588**
**-**
**10,588**|
||**_Unrestricted_**
**_Restricted_**
**_Total_**
**_2023_**
**_£_**
_4,612_
_-_
_4,612_
_6,387_
_-_
_6,387_|
||**_10,999_**
**_-_**
**_10,999_**|
||**Unrestricted**
**Restricted**
**Total**
**2024**
**£**
-
16,032
16,032
4,449
-
4,449
5,369
-
5,369
2,146
-
2,146
400
-
400|
||**12,364**
**16,032**
**28,396**|
||**_Unrestricted_**
**_Restricted_**
**_Total_**
**_2023_**
**_£_**
_-_
_6,960_
_6,960_
_500_
_20,263_
_20,763_
_-_
_10,000_
_10,000_
_5,440_
_-_
_5,440_
_3,528_
_-_
_3,528_
_2,128_
_-_
_2,128_|
||**_11,596_**
**_37,223_**
**_48,819_**|
11
## **SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31 March 2024: continued**
## **5 Analysis of expenditure**
|**Analysis of expenditure**|||||
|---|---|---|---|---|
||**Cost of raising funds**|**Charitable activities**|**Governance costs**|**2024 Total**|
||£|£|£|**£**|
|Fundraising|3,131|-|-|**3,131**|
|Staff costs|-|23,813|-|**23,813**|
|Swimming|-|14,025|-|**14,025**|
|Trips|-|8,800|-|**8,800**|
|Trampolining|-|7,437|-|**7,437**|
|Office & administration|-|499|453|**952**|
|Teens group|-|6,779|-|**6,779**|
|Parents' meetings/family activities|-|1,566|-|**1,566**|
|Yoga|-|1,520|-|**1,520**|
|Mental health project|-|5,000|-|**5,000**|
|Newsletter|-|1,191|-|**1,191**|
|Depreciation|-|-|-|**-**|
|Insurance|-|198|-|**198**|
|Legal|-|-|-|**-**|
|Training|-|-|-|**-**|
|Independent Examination 2024|-|-|900|**900**|
|Independent Examination 2023|||120|**120**|
|Payroll service||-|408|**408**|
|Total|3,131|70,828|1,881|75,840|
|Governance costs|80|1,801|(1,881)|-|
|**Total expenditure 2024**|**3,211**|**72,629**|**-**|**75,840**|
|||**Unrestricted**|**Restricted**|**Total**|
|Of the total expenditure:|**2024**|33,753|42,087|**75,840**|
||**_2023_**|_11,158_|_61,887_|**_73,045_**|
|**_Analysis of expenditure - prior year comparative_**|||||
||**_Cost of raising funds_**|**_Charitable activities_**|**_Governance costs_**|**_2023 Total_**|
||_£_|_£_|_£_|**_£_**|
|_Fundraising_|_3,741_|_-_|_-_|**_3,741_**|
|_Staff costs_|_-_|_20,353_|_1,071_|**_21,424_**|
|_Swimming_|_-_|_12,343_|_-_|**_12,343_**|
|_Trips_|_-_|_10,808_|_-_|**_10,808_**|
|_Trampolining_|_-_|_7,586_|_-_|**_7,586_**|
|_Office & administration_|_-_|_311_|_112_|**_423_**|
|_Teens group_|_-_|_5,899_|_-_|**_5,899_**|
|_Parents' meetings/family activities_|_-_|_2,022_|_-_|**_2,022_**|
|_Yoga_|_-_|_1,720_|_-_|**_1,720_**|
|_Mental health project_|_-_|_5,000_|_-_|**_5,000_**|
|_Newsletter_|_-_|_565_|_-_|**_565_**|
|_Depreciation_|_-_|_-_|_-_|**_-_**|
|_Insurance_|_-_|_-_|_438_|**_438_**|
|_Legal_|_-_|_-_|_-_|**_-_**|
|_Training_|_-_|_-_|_-_|**_-_**|
|_Independent Examination 2023_|_-_|_-_|_700_|**_700_**|
|_Payroll service_||_-_|_376_|**_376_**|
|_Total_|_3,741_|_66,607_|_2,697_|_73,045_|
|_Governance costs_|_143_|_2,554_|_(2,697)_|_-_|
|**_Total expenditure 2023_**|**_3,884_**|**_69,161_**|**_-_**|**_73,045_**|
12
**8**
## **SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31 March 2024: continued**
**6 Net income for the year**
|The net income for the year is stated after charging:
Independent Examination
**7**
**Staff costs**
Staff costs during the year were:
Salaries and wages
Social Security costs
Employer’s contribution to defined contribution pension schemes
**Number of employees**
The average monthly number of employees during the year were:
Administration
Depreciation of tangible fixed assets owned by the
charitable company|**2024**
**_2023_**
**£**
**_£_**
-
-
900
_700_
**2024**
**_2023_**
**£**
**£**
22,880
20,800
-
-
686
624|
|---|---|
||**23,566**
_21,424_|
||**2024**
**_2023_**
1
_1_|
There were no employees whose annual remuneration was £60,000 or more.
The key management personnel of the charitable company were the Trustees. Total employee benefits paid to key management personnel were nil (2023: nil).
## **Tangible fixed assets**
|**Cost:**
**At 31 March 2024**
**Depreciation:**
At 1 April 2023
Charge for year
On disposals
**At 31 March 2024**
**Net book value:**
**At 31 March 2024**
_At 31 March 2023_|**Equipment**
**£**
**2,376**|
|---|---|
||2,376
-
-|
||**2,376**|
|||
||**-**|
|||
||**_-_**|
13
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31 March 2024: continued**
## **9 Debtors**
|**9**|**Debtors**||||
|---|---|---|---|---|
||||**2024**|**_2023_**|
||||**£**|**_£_**|
||Prepayment||277|-|
||Accrued income||120|_2,500_|
||||**397**|**_2,500_**|
|**10**|**Creditors**||||
||**Amounts falling due within one year:**||||
||||**2024**|**_2023_**|
||||**£**|**_£_**|
||Social Security and other taxes||258|_219_|
||Pension||133|_121_|
||Accruals & other creditors||6,228|_9,375_|
||||**6,619**|**_9,715_**|
|**11**|**Analysis of net assets between funds**||||
|||**Unrestricted**|**Restricted**|**Total**|
|||**Funds**|**Funds**|**Funds**|
|||**£**|**£**|**£**|
||Fund Balances at 31 March 2024 are represented by:||||
||Tangible Fixed Assets|-|-|-|
||Current Assets|35,758|21,354|57,112|
||Creditors: Amounts falling due within one year|(3,239)|( 3,380)|(6,619)|
||**Total net assets**|**32,519**|**17,974**|**50,493**|
||**Analysis of net assets between funds -****_prior year comparative_**||||
|||**_Unrestricted_**|**_Restricted_**|**_Total_**|
|||**_Funds_**|**_Funds_**|**_Funds_**|
|||**_£_**|**_£_**|**_£_**|
||_Fund Balances at 31 March 2023 are represented by:_||||
||_Tangible Fixed Assets_|_-_|_-_|_-_|
||_Current Assets_|_53,035_|_44,029_|_97,064_|
||_Creditors: Amounts falling due within one year_|_(9,715)_|**-**|_(9,715)_|
||**_Total net assets_**|**_43,320_**|**_44,029_**|**_87,349_**|
14
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31 March 2024: continued**
## **12 Funds**
The income funds of the charity include restricted and unrestricted funds comprising the following unexpended balances of donations and grants held on trust:
|**Restricted Funds**
Teen Group
Swimming
Trips
Trampolining
Mental Health Project
Financial/Information/
Governance/Evening meetings
Administrator
**Total Restricted Funds**
**Unrestricted funds:**
**General funds**
**Total funds**|**At**
**Incoming**
**Outgoing**
**Transfer**
**between**
**funds**
**At**
**01-Apr-23**
**31-Mar-24**
**£**
**£**
**£**
**£**
4,680
6,960
( 6,867)
-
**4,773**
-
9,072
( 5,774)
-
**3,298**
17,243
-
( 8,800)
( 112)
**8,331**
5,303
-
( 5,303)
-
**-**
5,000
-
( 5,000)
-
**-**
3,834
-
( 2,262)
-
**1,572**
7,969
-
( 7,969)
-
**-**|
|---|---|
||**44,029**
**16,032**
**(41,975)**
**( 112)**
**17,974**|
||**43,320**
**22,952**
**(33,865)**
**112**
**32,519**|
||**87,349**
**38,984**
**( 75,840)**
**-**
**50,493**|
## **Restricted Funds - description**
The activities that SIGNAL Family Support members can access are supported by restricted funding where possible. Funding is sought from various Trusts and Funds. Most recently BBC Children in Need, City Bridge Trust and National Lottery have granted funds to support activities.
15
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31 March 2024: continued**
## **12** _**Funds - prior year comparative**_
_The income funds of the charity include restricted and unrestricted funds comprising the following unexpended balances of donations and grants held on trust:_
|**_Restricted Funds_**
_Teen Group_
_Swimming_
_Yoga_
_Trips_
_Trampolining_
_Mental Health Project_
_Financial/information/_
_Governance_
_Administrator_
**_Total Restricted Funds_**
**_Unrestricted funds:_**
**_General funds_**
**_Total funds_**|**_At_**
**_Incoming_**
**_Outgoing_**
**_Transfer_**
**_between funds_**
**_At_**
**_01-Apr-22_**
**_31-Mar-23_**
**_£_**
**_£_**
**_£_**
**_£_**
_3,619_
_6,960_
_( 5,899)_
_-_
**_4,680_**
_5,071_
_-_
_( 5,071)_
_-_
**_-_**
_1,240_
_-_
_( 1,240)_
_-_
**_-_**
_17,919_
_10,132_
_( 10,808)_
_-_
**_17,243_**
_12,889_
_-_
_( 7,586)_
_-_
**_5,303_**
_-_
_10,000_
_( 5,000)_
_-_
**_5,000_**
_8,317_
_-_
_( 4,483)_
_-_
**_3,834_**
_19,638_
_10,131_
_( 21,800)_
_-_
**_7,969_**|
|---|---|
||**_68,693_**
**_37,223_**
**_(61,887)_**
**-**
**_44,029_**|
||**_31,829_**
**_22,649_**
**_(11,158)_**
**-**
**_43,320_**|
||**_100,522_**
**_59,872_**
**_(73,045)_**
_-_
**_87,349_**|
## **13 Taxation**
The charitable company is registered as a charity and all of its income falls within the exemptions under Part 11 of the Corporation Tax Act 2010.
## **14 Related parties**
There are no related party transactions to disclose for 2024 (2023: none). Trustees are appointed from the membership of SIGNAL Family Support and as such continue to act as members paying membership and activity fees and taking part in activities & trips on the same basis as other members.
There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.
## **15 Trustees**
None of the trustees (or any person connected with them) received any remunerations from the charity during the year. No reimbursements were made to trustees in 2024 (2023: none) for travelling and other expenses and no payments were made direct to third parties in relation to trustees.
## **16 Pension and other post-retirement benefit commitments**
|**Pension and other post-retirement benefit commitments**|||
|---|---|---|
|Defined contribution|**2024**|**_2023_**|
||**£**|**_£_**|
|Contributions payable by the company for the year|686|_624_|
At 31 March 2024 £133 was outstanding, paid in April 2024.
16
**SIGNAL FAMILY SUPPORT (Limited by Guarantee)**
## **Notes to the financial statements for the year ended 31 March 2024: continued**
## **17 Contingent assets or liabilities**
There are no contingent assets or liabilities at March 2024 (2023:Nil).
## **18 Professional indemnity insurance**
The charitable company has insurance to protect it from loss arising from the neglect or defaults of its Trustee, e and agents and to indemnify the Trustees or other officers against the consequences of any neglect or default o The insurance premium paid by the charitable company during the year totaled £475 (2023: £438).
## **19 Liability of members**
SIGNAL Family Support Ltd is a company limited by guarantee and has no share capital. In the event of the comp wound up, the liability of the members is limited to £1 each.
## **20 Ultimate controlling party**
The charitable company was under the control of the trustees during the period under review. There is no singl controlling party.
17
## **SIGNAL FAMILY SUPPORT**
## **(Limited by Guarantee)**
Hatcham Oak Children’s Centre, 29 Wallbutton Road, London SE4 2NX
Kathleen Moss Limited 48 Lawn Terrace London SE3 9LP
Dear Sirs,
We confirm to the best of our knowledge and belief, and having made appropriate enquiries of other trustees of the charity, the following representations given to you in connection with your examination of the charity’s accounts for the year ended 31[st] March 2024.
1. We acknowledge as trustees our responsibility for making accurate representations to you and for the accounts which you have prepared for the charity. All the accounting records have been made available to you for the purpose of your examination and all the transactions undertaken by the charity have been properly reflected and recorded in the accounting records. All other records and related information, including minutes of all management and trustees meetings, have been made available to you.
We acknowledge we are responsible for the fair presentation in the Financial Statements of the financial position, results of operations and changes in financial position in conformity with generally accepted Accounting Principles.
2. The charity has no liabilities or contingent liabilities other than those disclosed in the accounts. Provision has been made in the Financial Statements for (a) all liabilities which existed at the Balance Sheet date. (b) All losses expected to arise from events which had occurred by the Balance Sheet date. (c) All materials contingent or potential liabilities under claims or pending or threatened litigation.
3. There has been no event since the balance sheet date which requires disclosing or which would materially affect the amounts in the accounts, other than those already disclosed or included in the accounts.
## **SIGNAL FAMILY SUPPORT**
## **(Limited by Guarantee)**
Hatcham Oak Children’s Centre, 29 Wallbutton Road, London SE4 2NX
4. The charity has had at no time during the year any arrangement, transaction or agreement to provide credit facilities (including loans, quasi-loans or credit transactions) for trustees nor to guarantee or provide security for such matters.
5. We confirm that we have disclosed to you all related party transactions relevant to the charity, and that we are not aware of any further related party matters that require disclosure.
6. The charity has not contracted for any capital expenditure other than as disclosed in the accounts.
7. We confirm that we are not aware of any possible or actual instance of non-compliance with those laws and regulations which provide a legal framework within which the charity conducts its business.
8. We acknowledge our responsibility for the design and implementation of internal controls to prevent and detect fraud. We also confirm that there have been no irregularities involving management or employees who have a significant role in internal control or that could have a material effect on the financial statements.
9. The charity has complied with the provisions of VAT legislation and the PAYE regulations. In addition all travelling expenses reimbursed to employees and trustees are supported by appropriate documentation.
10. All assets included in the Balance Sheet were at this date in existence and owned by the charity, and free from any lien, encumbrance or charge, except as disclosed in the Accounts. The Balance Sheet includes all tangible assets owned by the charity.
## **SIGNAL FAMILY SUPPORT**
## **(Limited by Guarantee)**
Hatcham Oak Children’s Centre, 29 Wallbutton Road, London SE4 2NX
11. We confirm that, in our opinion, the charity is a going concern.
Yours faithfully, _Gabrielle Nwaordu_ Date: 16[th] December 20234
Signed on behalf of the trustees by Gabrielle Nwaordu