ANNUAL REPORT
APRIL 2023 ~ MARCH 2024
CHARITY NO: 1144593
COMPANY NO: 7577756
We are here to help young people and their families with emotional wellbeing.
Teen Talk Harwich is a charity which strives to empower young people aged 11-25 years and families, by offering practical and emotional support to overcome challenges and help to change their lives for the better.
Our vision is every young person is respected, included, resilient and able to overcome challenges in life. We believe that by working together we can create confidence in them to recognise their abilities and achieve their full potential.
Our mission is to work alongside young people and families to build confidence and self-belief in their achievements to enable them to thrive in the future.
At our main base in Harwich and through our Outreach programme within secondary schools across the Tendring district, we are able to offer faceto-face support sessions for young people and their families who are struggling with various emotional and wellbeing issues. We also run workshops to various year groups ;
Year 6 primary - Transition to secondary school
Year 9 - Exploring the steps that help build resilience and achieve good emotional well-being
Year 12 - Facing adversity and building resilience.
To further reduce isolation and enhance life skills, we also offer weekly Social Groups for 11-16years and 17-25 years and Activity programmes during the School Holidays.
CEO Report
Over the past year, teentalk Harwich has continued prioritising the needs of young people in Tendring. Our early intervention programs have provided a platform for young individuals to express their concerns early, reflecting our proactive stance. We are unwavering in our commitment to nurturing the unique strengths of young people and emphasising the significance of early intervention in preventing the escalation of issues, ultimately benefiting the youth in Tendring whom we support.
Assessing success in the realm of emotional well-being can be quite challenging. We consider it a triumph when a young person feels happy, confident, and driven to achieve more. This year, we are elated to have reached 44% more young people compared to the previous year, positively impacting over 1200 individuals in our community. This truly reflects the growing influence of our efforts and the trust our community places in us.
Our board has played a pivotal role in guiding the organisation, but we have encountered challenges due to several retirements. Despite the need to rebuild the board and recruit new volunteers and staff, restructuring our delivery team has bolstered our effectiveness. We continue to prioritise Trustee recruitment and restructuring to fortify our organisation further.
It is important to acknowledge that we are still recovering from the reactive work we provided during the COVID-19 pandemic. Our adaptability can be perceived as both positive and negative when considering its long-term impacts on the strains within our organisation. We have taken proactive steps by implementing digital solutions and formulating a long-term sustainability plan to enhance operational stability and, most importantly, better prepare for unforeseen challenges.
We extend our heartfelt gratitude to our funders, staff, and Board for contributing to another successful year. We are continually inspired by our dedicated team's positive impact on the well-being of the young people we serve. We eagerly anticipate further progress in the coming year.
Hayley Lovett BEM
TRUSTEES
Judith Skargon - Chairperson
Val Guglielmi - Vice Chairperson – retired December 2023 Fred Heddall C.B.E - Treasurer and Secretary – retired July 2023 Gill Burden – retired December 2023
Ian Davidson – Treasurer and Secretary from August 2023 Charlotte Kenny-Williams – retired July 2023
MEMBERS
Jo Henderson - Harwich Town Council Representative
Mark Moule Terry Barrett Jonathan Palmer
STAFF
Hayley Lovett B.E.M - C.E.O.
Lynne Seabridge-Long - Support Worker Cheryl Gale - Operations Manager
Samantha Richards – Family Support Worker Rebecca Taylor - Outreach Worker Emily Baker – Social Media / Marketing Danielle Harding - Outreach Support Worker Beth Seddon – Reception / Administration
VOLUNTEERS
Currently on hold
REGISTERED OFFICE
17 Cliff Road, Harwich, Essex, CO12 3PP
BANK
Barclays Bank, 27 Station Road, Clacton-on-Sea, Essex CO15 1TD
ACCOUNTANTS
Gascoyne House, Moseleys Farm Business Centre, Fornham All Saints, Suffolk, IP28 6JY
SUMMARY for Support
We aim to build resilience and empower young people to believe in their abilities.
With referrals to us from school, college, parents, and Gp’s or mental health teams or attending our school workshops an incredible 1265 young people and their families have been positively impacted this year.
With improved awareness of services available to them and resilience tools to help them , we offered 855 support sessions of which 80% were engaged.
The highest needs of young people to engage with our services, included Anxiety 70%
Stress 57% Self Esteem 57% Coping day-to-day 42% Lack of Confidence 58%
126 young people were provided with 1 – 1 support to improve emotional wellbeing with
74% improving their confidence
63% improving their aspirations
A key factor for support was having someone to talk to 71%.
619 young people participated through our School Workshops for
years 6, 9 and 12 .
209 consultations with families and agencies, resulted in 111 parents were supported in one-off sessions to offload their concerns or helped to find other services or support available.
In total 196 service users were new to us and all received support.
SUMMARY for Activities
Taking part and attending various trips out and activities in either our social groups or school holiday activities programme, 69 young people aged 11-25 years were helped in reducing isolation, gaining independence, confidence and life skills. They participated in various arts and crafts including a pottery class, travel training with a bus trip to Mistley, CV writing, tennis matches and crazy golf, Dungeons and Dragons, local history tours around The Radar Tower, Electric Palace, and Christopher Jones House. Many took part in our cooking sessions which included arranging, inviting ,preparing and serving an Afternoon Tea to parents, Trustees and staff members, which was an immense success.
We have also been fortunate in working alongside partnerships with Essex Pedal Power, Youth Voice Listening Project, Galloper Windfarms, CVST and Harwich Haven Authority.
How We Have Helped •Hxl•ty •knlll••AtI¥ -11. •g•d 13 99 teentalk "It's not n¢• other therap••8 I'v• beevl tOD it's not -•. O•d 19 99 teentalk T••nTlk •• It mak•8 me moro eon¢ident" teentalk
"Z •fvj•y tlw tthitath qro v•ry pMltlv• ••ttlfvg. Gv•ry•n• l• ¥•ry h•ppy It l• v•ry and •r••tlv•. w q•t t• d• • ht." 99 teentalk HARWH 66 "coming to t••n talk has ¢hang•d my lis• before I had no motivat•on and was s¢ar•d of anything new 6vt ft•u), I'm no 10ftg•r seared and hv• eh••v•d v•lunt••r•ftg aft fuM-tim• ooHeg• •ovr*•." , aged 21 99 teentalk HARWICH
Teen Talk Chair’s Statement 2024
It has been an honour to have worked with the Teen Talk team over the past year, during which we have developed a cohesive staff team who continue to offer an invaluable service supporting the young people in the Tendring area. We have recruited both clinical and trustee staff to strengthen our organisational infrastructure. We wholeheartedly welcome our new team members and look forward to working with them into the future.
The organisation has had to adapt and adopt a flexible approach service delivery in order to ensure that our young people can access the help they need in the format that works best for them.
We remain extremely grateful to our funders and for all the donations we receive, we would not be able to function without these - the work involved in sourcing and securing financial support is continuous and intensive, but the team remain committed to the task. Great efforts have continued to ensure that funding has been acquired so that we can continue to maintain the service into next year and beyond.
The team has worked tirelessly throughout the year supporting our young people and we will make every effort to maintain the service, knowing that our work is helping young people reach their potential and become successful citizens of the future.
I look forward to being able to continue to support Teen Talk in their vital work in our community.
Judith Skargon
FUNDERS
We are once again incredibly grateful to have funding support from:
Active Essex
Children In Need Masonic Community Lottery
VCS Hyperlocal Fund Free Mason - Dedham Vale
Community Fund - Our new 3-year award from December 2023
Local Fundraising
We have been incredibly fortunate to have 2 local organisations that have both chosen us as their ‘Charity for The Year’ . Through many fundraising events, including quizzes, 5k and 10k runs, cake bake sale, proceeds from annual music festival and chopper bike ride, collections, and donations, we are extremely appreciative to Harwich Haven Authority and The Trafalgar Public House (and their patrons) for their fantastic achievements in helping to support our young people and their families.
Our thanks also go to those individuals who have generously donated to our Local Giving page.
TREASURER'S REPORT 2023
The financial year 2023/2024 has been a period of recovery and growth for our organisation. Despite the challenges posed by the Covid-19 pandemic, we have successfully restored our services to pre-pandemic standards. However, the escalating cost of living has presented unprecedented financial burdens for many charitable organisations, and we are no exception.
Our total annual income amounted to £207,018, while our expenditure stood at £171,454, resulting in a surplus. An additional £12,000 in community donations has significantly contributed to this surplus, bolstering our restricted grant funding. This surplus marks a significant leap from the previous year, where our income was only £62,811 and our expenditure amounted to £147,280, instilling optimism for our financial future.
As a result of this surplus, we have established unrestricted reserves of £35,000, as detailed in the accounts. This surplus has empowered us to focus our efforts on fundraising and seeking support from grant-giving organisations as we strive to ensure a sustainable future for our organisation. Moving forward, our key priorities will remain centred on fundraising initiatives and stringent cost management to safeguard our operational needs and prevent the depletion of our reserves, thereby ensuring the stability and security of our organisation.
I would like to extend my thanks to Hayley and our staff, who have worked hard in difficult circumstances to continue providing our services to the young people.
Ian Davidson
Looking Forward
With our new website and branding in place, our goal is to promote our services as much as possible. The new signage and fantastic artwork at the front of the property is certainly eye-catching.
Our ongoing aim this year is in the recruitment of members to join our Board of Trustees, whose contribution of time and effort is invaluable.
Charity registration number 1144593
Company registration number 07577756 (England and Wales)
TEEN TALK (HARWICH)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
TEEN TALK (HARWICH)
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Charity number Company number Principal address
Registered office
Independent examiner
Dr J Skargon Mr I C R Davidson ACIS 1144593 07577756 17 Cliff Road Dovercourt Harwich Essex England CO12 3PP 17 Cliff Road Dovercourt Harwich Essex England CO12 3PP Gascoynes Gascoyne House Moseleys Farm Business Centre Fornham All Saints Suffolk IP28 6JY
TEEN TALK (HARWICH)
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 - 6 |
| Notes to the financial statements | 7 - 12 |
TEEN TALK (HARWICH)
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's [governing document], the Companies Act 2006 and "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)" (effective 1 January 2019).
Objectives and activities
The charity operates a free and confidential information and support service for young people. aged 11 to 25, in Tendring Essex. It is a self referral service offered on an as required basis.
Achievements and performance
The trustees wish the following to be noted in relation to some specific funds
The following funds have received funding which is allocated to projects for the new financial year.
ECF General Fund
Some other fund balances have been carried forward, with permission, due to ongoing issues in relation to the Covid pandemic.
Financial review
The charity is working towards increasing its reserves to be one third of the annual budget/four months running costs. This will enable the charity to maintain its normal level of service whilst still being able to invest in adapting and broadening the scope of the project.
The fund names "Property" relates to the cost paid for the building from which the charity operates. As such this fund does not represent cash funds that can be utilised by the charity.
Structure, governance and management
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Dr J Skargon Mr G Burden (Retired 13 December 2023) Mr I C R Davidson ACIS Ms C Kenny-Williams (Retired 19 July 2023) Ms V Guglielmi (Retired 13 December 2023) Mr F A Heddell CBE (Retired 19 July 2023) Board Members Jo Henderson (Harwich Town Council Representative) Mark Moule (Appointed September 2023) Cllr Terry Barrett (Appointed February 2024)
The listed individuals were members that served the board but were not formally appointed as trustees.
- 1 -
TEEN TALK (HARWICH)
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
The trustees' report was approved by the Board of Trustees and the Board members.
Mr I C R Davidson ACIS
Trustee
14 November 2024
- 2 -
TEEN TALK (HARWICH)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF TEEN TALK (HARWICH)
I report to the trustees on my examination of the financial statements of Teen Talk (Harwich) (the charity) for the year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity 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 the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable 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 charity as required by section 386 of the 2006 Act; or
-
2 the financial statements do not accord with those records; or
-
3 the financial statements 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 financial statements 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 financial statements to be reached.
Gascoynes
Gascoyne House Moseleys Farm Business Centre Fornham All Saints Suffolk IP28 6JY
Dated: 14 November 2024
- 3 -
TEEN TALK (HARWICH)
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
| Unrestricted Restricted funds funds 2024 2024 Notes £ £ Income from: Donations and legacies 2 20,518 186,500 Expenditure on: Charitable activities 3 25,595 150,441 Net (outgoing)/incoming resources before transfers (5,077) 36,059 Gross transfers between funds 43,690 (43,690) Net incoming/(outgoing) resources 38,613 (7,631) Other recognised gains and losses Revaluation of tangible fixed assets - 252,467 Net movement in funds 38,613 244,836 Fund balances at 1 April 2023 28,419 135,284 Fund balances at 31 March 2024 67,032 380,120 |
Total Unrestricted Restricted funds funds 2024 2023 2023 £ £ £ 207,018 4,879 57,933 176,036 29,273 118,011 30,982 (24,394) (60,078) - - - 30,982 (24,394) (60,078) 252,467 - - 283,449 (24,394) (60,078) 163,703 52,813 195,362 447,152 28,419 135,284 |
Total 2023 £ 62,812 147,284 (84,472) - (84,472) - (84,472) 248,175 163,703 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 4 -
TEEN TALK (HARWICH)
BALANCE SHEET
AS AT 31 MARCH 2024
| Notes Fixed assets Tangible assets 6 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 7 Net current assets Total assets less current liabilities Income funds General restricted funds Revaluation reserve 9 Unrestricted funds Designated funds: Reserves General unrestricted funds |
2024 £ 128,247 (6,095) 127,653 252,467 35,000 35,000 32,032 |
£ 325,000 122,152 447,152 380,120 67,032 447,152 |
2023 £ 93,970 (2,800) 135,284 - - - 28,419 |
£ 72,533 91,170 |
|---|---|---|---|---|
| 163,703 | ||||
| 135,284 28,419 |
||||
| 163,703 |
- 5 -
TEEN TALK (HARWICH)
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 14 November 2024
Mr I C R Davidson ACIS
Trustee
Company registration number 07577756
- 6 -
TEEN TALK (HARWICH)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1 Accounting policies
Charity information
Teen Talk (Harwich) is a private company limited by guarantee incorporated in England and Wales. The registered office is 17 Cliff Road, Dovercourt, Harwich, Essex, CO12 3PP, England.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
1.5 Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
1.6 Tangible fixed assets
No depreciation is charged on the freehold property as this does represent commercial reality.
- 7 -
TEEN TALK (HARWICH)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
1 Accounting policies
(Continued)
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8 Taxation
The charity is exempt from corporation tax on its charitable activities.
1.9 Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the company. Restrictions arise when specified by the donor or when funds raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
1.10 Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
- 8 -
TEEN TALK (HARWICH)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
2 Donations and legacies
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2024 | 2024 | 2024 | 2023 | 2023 | 2023 | |
| £ | £ | £ | £ | £ | £ | |
| Donations and legacies | 20,518 | 186,500 | 207,018 | 4,879 | 57,933 | 62,812 |
- 9 -
TEEN TALK (HARWICH)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
3 Charitable activities
| Wages Social security Pensions Workshops etc Rates and water Insurance Light and heat Telephone Postage and stationery Advertising Sundries Repairs and maintenance Bank charges Accountancy and legal fees Analysis by fund Unrestricted funds Restricted funds |
2024 £ 101,003 30,151 14,618 1,247 651 3,768 3,286 3,799 1,993 2,524 8,661 1,705 118 2,512 176,036 176,036 25,595 150,441 176,036 |
2023 £ 81,274 25,594 12,184 6,712 703 3,540 1,868 4,296 3,448 1,680 1,393 2,158 103 2,331 |
|---|---|---|
| 147,284 | ||
| 147,284 | ||
| 29,273 118,011 |
||
| 147,284 |
4 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year nor for the year ended 31 March 2023.
- 10 -
TEEN TALK (HARWICH)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
5 Employees
The average monthly number of employees during the year was:
| 2024 | 2023 |
|---|---|
| Number | Number |
| 7 | 6 |
There were no employees whose annual remuneration was more than £60,000.
6 Tangible fixed assets
| Freehold land and Cost At 1 April 2023 Revaluation At 31 March 2024 Carrying amount At 31 March 2024 At 31 March 2023 |
buildings £ 72,533 252,467 |
|---|---|
| 325,000 | |
| 325,000 | |
| 72,533 |
The property has been revalued on the approval of the board of Trustees to update the property's value to that of its current value of £325,000.
7 Creditors: amounts falling due within one year
| Creditors: amounts falling due within one year | ||
|---|---|---|
| Other taxation and social security Other creditors Accruals and deferred income |
2024 £ 3,178 2,357 560 6,095 |
2023 £ 2,240 - 560 |
| 2,800 |
8 Related party transactions
There were no disclosable related party transactions during the year (2023 - none).
- 11 -
TEEN TALK (HARWICH)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
9 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
| Movement in funds | Movement in funds | Movement in funds | Movement in funds | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Balance at | Incoming | Resources | Transfers | Revaluations, | Balance at | ||
| 1 April 2022 | resources | expended | 1 April 2023 | resources | expended | gains and losses | 31 March 2024 | |||
| £ | £ | £ | £ | £ | £ | £ | £ | £ | ||
| Property | 72,533 | - | - | 72,533 | - | - | - | 252,467 | 325,000 | |
| Children In Need | - | 30,500 | (30,328) | 172 | 30,000 | (33,774) | - | - | (3,602) | |
| TDC Clacton | 30,000 | - | (27,150) | 2,850 | - | (4,274) | - | - | (1,424) | |
| TDC (New) | - | - | - | - | 15,000 | (3,216) | - | - | 11,784 | |
| Trust House | - | 15,000 | (16,972) | (1,972) | - | - | - | - | (1,972) | |
| Masonic | - | - | - | - | - | (2,235) | - | - | (2,235) | |
| Lottery | - | - | - | - | 126,500 | (86,849) | - | - | 39,651 | |
| Prior Year Adjustments | 43,258 | - | - | 43,258 | - | - | (43,258) | - | - | |
| ECF Website | 4,000 | - | (2,712) | 1,288 | - | (2,365) | - | - | (1,077) | |
| VVCS | 13,935 | - | (16,500) | (2,565) | - | - | - | - | (2,565) | |
| Colchester Catalyst | 31,636 | - | (24,348) | 7,288 | - | (7,247) | - | - | 41 | |
| ECF General | - | 12,000 | - | 12,000 | - | (6,041) | - | - | 5,959 | |
| Small donations | - | 432 | - | 432 | - | - | (432) | - | - | |
| CVST-Hyerlocal | - | - | - | - | 10,000 | (2,917) | - | - | 7,083 | |
| ECF Community | - | - | - | - | 5,000 | (1,523) | - | - | 3,477 | |
| 195,362 | 57,932 | (118,010) | 135,284 | 186,500 | (150,441) | (43,690) | 252,467 | 380,120 | ||
| - 12 - |
Charity registration number 1144593
Company registration number 07577756 (England and Wales)
TEEN TALK (HARWICH)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
TEEN TALK (HARWICH)
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Charity number Company number Principal address
Registered office
Independent examiner
Dr J Skargon Mr I C R Davidson ACIS 1144593 07577756 17 Cliff Road Dovercourt Harwich Essex England CO12 3PP 17 Cliff Road Dovercourt Harwich Essex England CO12 3PP Gascoynes Gascoyne House Moseleys Farm Business Centre Fornham All Saints Suffolk IP28 6JY
TEEN TALK (HARWICH)
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 - 6 |
| Notes to the financial statements | 7 - 12 |
TEEN TALK (HARWICH)
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's [governing document], the Companies Act 2006 and "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)" (effective 1 January 2019).
Objectives and activities
The charity operates a free and confidential information and support service for young people. aged 11 to 25, in Tendring Essex. It is a self referral service offered on an as required basis.
Achievements and performance
The trustees wish the following to be noted in relation to some specific funds
The following funds have received funding which is allocated to projects for the new financial year.
ECF General Fund
Some other fund balances have been carried forward, with permission, due to ongoing issues in relation to the Covid pandemic.
Financial review
The charity is working towards increasing its reserves to be one third of the annual budget/four months running costs. This will enable the charity to maintain its normal level of service whilst still being able to invest in adapting and broadening the scope of the project.
The fund names "Property" relates to the cost paid for the building from which the charity operates. As such this fund does not represent cash funds that can be utilised by the charity.
Structure, governance and management
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Dr J Skargon Mr G Burden (Retired 13 December 2023) Mr I C R Davidson ACIS Ms C Kenny-Williams (Retired 19 July 2023) Ms V Guglielmi (Retired 13 December 2023) Mr F A Heddell CBE (Retired 19 July 2023) Board Members Jo Henderson (Harwich Town Council Representative) Mark Moule (Appointed September 2023) Cllr Terry Barrett (Appointed February 2024)
The listed individuals were members that served the board but were not formally appointed as trustees.
- 1 -
TEEN TALK (HARWICH)
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
The trustees' report was approved by the Board of Trustees and the Board members.
Mr I C R Davidson ACIS
Trustee
14 November 2024
- 2 -
TEEN TALK (HARWICH)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF TEEN TALK (HARWICH)
I report to the trustees on my examination of the financial statements of Teen Talk (Harwich) (the charity) for the year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity 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 the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable 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 charity as required by section 386 of the 2006 Act; or
-
2 the financial statements do not accord with those records; or
-
3 the financial statements 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 financial statements 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 financial statements to be reached.
Gascoynes
Gascoyne House Moseleys Farm Business Centre Fornham All Saints Suffolk IP28 6JY
Dated: 14 November 2024
- 3 -
TEEN TALK (HARWICH)
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
| Unrestricted Restricted funds funds 2024 2024 Notes £ £ Income from: Donations and legacies 2 20,518 186,500 Expenditure on: Charitable activities 3 25,595 150,441 Net (outgoing)/incoming resources before transfers (5,077) 36,059 Gross transfers between funds 43,690 (43,690) Net incoming/(outgoing) resources 38,613 (7,631) Other recognised gains and losses Revaluation of tangible fixed assets - 252,467 Net movement in funds 38,613 244,836 Fund balances at 1 April 2023 28,419 135,284 Fund balances at 31 March 2024 67,032 380,120 |
Total Unrestricted Restricted funds funds 2024 2023 2023 £ £ £ 207,018 4,879 57,933 176,036 29,273 118,011 30,982 (24,394) (60,078) - - - 30,982 (24,394) (60,078) 252,467 - - 283,449 (24,394) (60,078) 163,703 52,813 195,362 447,152 28,419 135,284 |
Total 2023 £ 62,812 147,284 (84,472) - (84,472) - (84,472) 248,175 163,703 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 4 -
TEEN TALK (HARWICH)
BALANCE SHEET
AS AT 31 MARCH 2024
| Notes Fixed assets Tangible assets 6 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 7 Net current assets Total assets less current liabilities Income funds General restricted funds Revaluation reserve 9 Unrestricted funds Designated funds: Reserves General unrestricted funds |
2024 £ 128,247 (6,095) 127,653 252,467 35,000 35,000 32,032 |
£ 325,000 122,152 447,152 380,120 67,032 447,152 |
2023 £ 93,970 (2,800) 135,284 - - - 28,419 |
£ 72,533 91,170 |
|---|---|---|---|---|
| 163,703 | ||||
| 135,284 28,419 |
||||
| 163,703 |
- 5 -
TEEN TALK (HARWICH)
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 14 November 2024
Mr I C R Davidson ACIS
Trustee
Company registration number 07577756
- 6 -
TEEN TALK (HARWICH)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1 Accounting policies
Charity information
Teen Talk (Harwich) is a private company limited by guarantee incorporated in England and Wales. The registered office is 17 Cliff Road, Dovercourt, Harwich, Essex, CO12 3PP, England.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
1.5 Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
1.6 Tangible fixed assets
No depreciation is charged on the freehold property as this does represent commercial reality.
- 7 -
TEEN TALK (HARWICH)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
1 Accounting policies
(Continued)
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8 Taxation
The charity is exempt from corporation tax on its charitable activities.
1.9 Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the company. Restrictions arise when specified by the donor or when funds raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
1.10 Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
- 8 -
TEEN TALK (HARWICH)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
2 Donations and legacies
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2024 | 2024 | 2024 | 2023 | 2023 | 2023 | |
| £ | £ | £ | £ | £ | £ | |
| Donations and legacies | 20,518 | 186,500 | 207,018 | 4,879 | 57,933 | 62,812 |
- 9 -
TEEN TALK (HARWICH)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
3 Charitable activities
| Wages Social security Pensions Workshops etc Rates and water Insurance Light and heat Telephone Postage and stationery Advertising Sundries Repairs and maintenance Bank charges Accountancy and legal fees Analysis by fund Unrestricted funds Restricted funds |
2024 £ 101,003 30,151 14,618 1,247 651 3,768 3,286 3,799 1,993 2,524 8,661 1,705 118 2,512 176,036 176,036 25,595 150,441 176,036 |
2023 £ 81,274 25,594 12,184 6,712 703 3,540 1,868 4,296 3,448 1,680 1,393 2,158 103 2,331 |
|---|---|---|
| 147,284 | ||
| 147,284 | ||
| 29,273 118,011 |
||
| 147,284 |
4 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year nor for the year ended 31 March 2023.
- 10 -
TEEN TALK (HARWICH)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
5 Employees
The average monthly number of employees during the year was:
| 2024 | 2023 |
|---|---|
| Number | Number |
| 7 | 6 |
There were no employees whose annual remuneration was more than £60,000.
6 Tangible fixed assets
| Freehold land and Cost At 1 April 2023 Revaluation At 31 March 2024 Carrying amount At 31 March 2024 At 31 March 2023 |
buildings £ 72,533 252,467 |
|---|---|
| 325,000 | |
| 325,000 | |
| 72,533 |
The property has been revalued on the approval of the board of Trustees to update the property's value to that of its current value of £325,000.
7 Creditors: amounts falling due within one year
| Creditors: amounts falling due within one year | ||
|---|---|---|
| Other taxation and social security Other creditors Accruals and deferred income |
2024 £ 3,178 2,357 560 6,095 |
2023 £ 2,240 - 560 |
| 2,800 |
8 Related party transactions
There were no disclosable related party transactions during the year (2023 - none).
- 11 -
TEEN TALK (HARWICH)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
9 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
| Movement in funds | Movement in funds | Movement in funds | Movement in funds | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Balance at | Incoming | Resources | Transfers | Revaluations, | Balance at | ||
| 1 April 2022 | resources | expended | 1 April 2023 | resources | expended | gains and losses | 31 March 2024 | |||
| £ | £ | £ | £ | £ | £ | £ | £ | £ | ||
| Property | 72,533 | - | - | 72,533 | - | - | - | 252,467 | 325,000 | |
| Children In Need | - | 30,500 | (30,328) | 172 | 30,000 | (33,774) | - | - | (3,602) | |
| TDC Clacton | 30,000 | - | (27,150) | 2,850 | - | (4,274) | - | - | (1,424) | |
| TDC (New) | - | - | - | - | 15,000 | (3,216) | - | - | 11,784 | |
| Trust House | - | 15,000 | (16,972) | (1,972) | - | - | - | - | (1,972) | |
| Masonic | - | - | - | - | - | (2,235) | - | - | (2,235) | |
| Lottery | - | - | - | - | 126,500 | (86,849) | - | - | 39,651 | |
| Prior Year Adjustments | 43,258 | - | - | 43,258 | - | - | (43,258) | - | - | |
| ECF Website | 4,000 | - | (2,712) | 1,288 | - | (2,365) | - | - | (1,077) | |
| VVCS | 13,935 | - | (16,500) | (2,565) | - | - | - | - | (2,565) | |
| Colchester Catalyst | 31,636 | - | (24,348) | 7,288 | - | (7,247) | - | - | 41 | |
| ECF General | - | 12,000 | - | 12,000 | - | (6,041) | - | - | 5,959 | |
| Small donations | - | 432 | - | 432 | - | - | (432) | - | - | |
| CVST-Hyerlocal | - | - | - | - | 10,000 | (2,917) | - | - | 7,083 | |
| ECF Community | - | - | - | - | 5,000 | (1,523) | - | - | 3,477 | |
| 195,362 | 57,932 | (118,010) | 135,284 | 186,500 | (150,441) | (43,690) | 252,467 | 380,120 | ||
| - 12 - |