Docusign Envelope ID: 44AF8CD0-7FA8-4280-9F04-653DE61330F9
REGISTERED CHARITY NUMBER: 1144664
Report of the Trustees and
Unaudited Financial Statements for the Period 1 April 2024 to 31 July 2024
for
Aiming Higher
CCW Limited Chartered Accountants 295/297 Church Street Blackpool Lancashire FY1 3PJ
Docusign Envelope ID: 44AF8CD0-7FA8-4280-9F04-653DE61330F9
Aiming Higher
Contents of the Financial Statements for the Period 1 April 2024 to 31 July 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 12 |
| Detailed Statement of Financial Activities | 13 |
Docusign Envelope ID: 44AF8CD0-7FA8-4280-9F04-653DE61330F9
Aiming Higher
Report of the Trustees for the Period 1 April 2024 to 31 July 2024
The trustees present their report with the financial statements of the charity for the period 1 April 2024 to 31 July 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 applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To relieve the needs of disabled people and their family and carers as the trustees shall determine.
FINANCIAL REVIEW
Financial position
The finances are reviewed on a regular basis, at all trustee meetings and the accounts are independently examined at the end of the financial year. The Trustees constantly consider fundraising and the sustainability of the organization.
Principal funding sources
The principal funding sources for the charity are by way of grants. The purpose of each fund, movement during the year and details of balances carried forward at 31 July 2024 are shown in note 6.
Reserves policy
The aim of the Reserves Policy remains to ensure the organization is sustainable.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
Trustees are recruited from withing the membership of the organization, from the local communities which Aiming Higher serves, and, as far as is practicable, recruitment is targeted to reflect both the skills that are needed and the diversity of members, member organizations and the communities they serve.
Induction and training of new trustees
Induction training is provided to all trustees on appointment to familiarize them with the work of the organization and to ensure that they are able to make an immediate contribution to its strategic management.
Key management remuneration
The charity applies salaries to all personnel commensurate with duties and that are consistent with the parameters of nationally agreed rates of pay. The charity considers its key management personnel to be the services manager.
Risk management
The trustees have examined the major strategic, business and operational risks which the charity faces and confirmed that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen the risks.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1144664
Principal address
231/23 Church Street Blackpool Lancashire FY1 3PB
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Aiming Higher
Report of the Trustees for the Period 1 April 2024 to 31 July 2024
Trustees
Mrs H P Ainge Mrs A L Dawson Mr J Child Mrs A Gilmore Mr J Bailey Mrs F E Atherton (resigned 9.4.24) Mr P Jebb Mr G Mills Mrs C L Bell
Independent Examiner
Paul Ronson FCA CCW Limited Chartered Accountants 295/297 Church Street Blackpool Lancashire FY1 3PJ
Approved by order of the board of trustees on 13 June 2025 and signed on its behalf by:
Mr P Jebb - Trustee
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Independent Examiner's Report to the Trustees of Aiming Higher
Independent examiner's report to the trustees of Aiming Higher
I report to the charity trustees on my examination of the accounts of Aiming Higher (the Trust) for the period 1 April 2024 to 31 July 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Paul Ronson FCA The Institute of Chartered Accountants in England and Wales
CCW Limited Chartered Accountants 295/297 Church Street Blackpool Lancashire FY1 3PJ
13 June 2025
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Statement of Financial Activities
for the Period 1 April 2024 to 31 July 2024
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 9,230 Charitable activities Charitable activities 16,275 Investment income 2 3,177 Total 28,682 EXPENDITURE ON Charitable activities Charitable activities 22,578 NET INCOME/(EXPENDITURE) 6,104 Transfers between funds 6 2,242 Net movement in funds 8,346 RECONCILIATION OF FUNDS Total funds brought forward 72,762 TOTAL FUNDS CARRIED FORWARD 81,108 |
Restricted funds £ - 149,253 - 149,253 78,289 70,964 (2,242) 68,722 43,765 112,487 |
Period 1.4.24 to Year Ended 31.7.24 31.3.24 Total Total funds funds £ £ 9,230 5,467 165,528 252,347 3,177 5,904 177,935 263,718 100,867 301,772 77,068 (38,054) - - 77,068 (38,054) 116,527 154,581 193,595 116,527 |
|---|---|---|
The notes form part of these financial statements
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Balance Sheet
31 July 2024
| Unrestricted fund Notes £ CURRENT ASSETS Debtors 5 5,912 Cash at bank and in hand 75,194 81,106 NET CURRENT ASSETS 81,106 TOTAL ASSETS LESS CURRENT LIABILITIES 81,106 NET ASSETS 81,106 FUNDS 6 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - 112,489 112,489 112,489 112,489 112,489 |
31.7.24 Total funds £ 5,912 187,683 193,595 193,595 193,595 193,595 81,106 112,489 193,595 |
31.3.24 Total funds £ - 116,527 |
|---|---|---|---|
| 116,527 | |||
| 116,527 | |||
| 116,527 | |||
| 116,527 | |||
| 72,762 43,765 |
|||
| 116,527 |
The financial statements were approved by the Board of Trustees and authorised for issue on 13 June 2025 and were signed on its behalf by:
Mr P Jebb - Trustee
The notes form part of these financial statements
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Notes to the Financial Statements
for the Period 1 April 2024 to 31 July 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
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.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that 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.
Taxation
The charity is exempt from tax on its charitable activities.
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 charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| Period | ||
| 1.4.24 | ||
| to | Year Ended | |
| 31.7.24 | 31.3.24 | |
| £ | £ | |
| Rents received | 2,620 | 4,560 |
| Deposit account interest | 557 | 1,344 |
| 3,177 | 5,904 |
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Notes to the Financial Statements - continued for the Period 1 April 2024 to 31 July 2024
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31 July 2024 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the period ended 31 July 2024 nor for the year ended 31 March 2024.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 5,467 Charitable activities Charitable activities 34,824 Investment income 5,904 Total 46,195 EXPENDITURE ON Charitable activities Charitable activities 37,686 NET INCOME/(EXPENDITURE) 8,509 Transfers between funds (2,242) Net movement in funds 6,267 RECONCILIATION OF FUNDS Total funds brought forward 66,496 TOTAL FUNDS CARRIED FORWARD 72,763 |
Restricted funds £ - 217,523 - 217,523 264,086 (46,563) 2,242 (44,321) 88,085 43,764 |
Total funds £ 5,467 252,347 5,904 263,718 301,772 (38,054) - (38,054) 154,581 116,527 |
|---|---|---|
continued...
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Notes to the Financial Statements - continued for the Period 1 April 2024 to 31 July 2024
5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade debtors MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Lancashire magazine Vera wolstencroft True colours Bruce wake DWF charitable grant National Lottery Community Fund The alan halsall foundation Zochonis Payback time Eric Wright Trust House A Team Jeanette Dervish Family Support Skelton Rotary Club National Lottery Awards For All A Team Funding Cost of Living - Blackpool Council Glasdon A Team TOTAL FUNDS |
At 1.4.24 £ 72,762 997 - 4,000 2,500 18 11,726 11,528 2,108 931 - - 5,103 1,400 2,568 386 500 - - - - 43,765 116,527 |
Net movement in funds £ 6,102 (899) 13,755 (1,350) - (18) 13,408 (5,726) - 22 10,000 17,192 4,132 (192) (399) (386) (500) 15,566 197 4,164 2,000 70,966 77,068 |
31.7.24 £ 5,912 Transfers between funds £ 2,242 - - - - - - - - - - (2,242) - - - - - - - - - (2,242) - |
31.3.24 £ - At 31.7.24 £ 81,106 98 13,755 2,650 2,500 - 25,134 5,802 2,108 953 10,000 14,950 9,235 1,208 2,169 - - 15,566 197 4,164 2,000 |
|---|---|---|---|---|
| 112,489 | ||||
| 193,595 |
6. MOVEMENT IN FUNDS
continued...
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Notes to the Financial Statements - continued for the Period 1 April 2024 to 31 July 2024
6. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Lancashire magazine Vera wolstencroft True colours DWF charitable grant National Lottery Community Fund The alan halsall foundation Payback time Eric Wright Trust House A Team Jeanette Dervish Family Support Skelton Rotary Club National Lottery Awards For All A Team Funding Cost of Living - Blackpool Council Swales Glasdon A Team TOTAL FUNDS |
Incoming resources £ 28,682 - 13,755 - - 50,763 - 2,000 10,000 33,333 11,805 - - - - 19,600 197 5,400 400 2,000 149,253 177,935 |
Resources Movement expended in funds £ £ (22,580) 6,102 (899) (899) - 13,755 (1,350) (1,350) (18) (18) (37,355) 13,408 (5,726) (5,726) (1,978) 22 - 10,000 (16,141) 17,192 (7,673) 4,132 (192) (192) (399) (399) (386) (386) (500) (500) (4,034) 15,566 - 197 (1,236) 4,164 (400) - - 2,000 (78,287) 70,966 (100,867) 77,068 |
|---|---|---|
continued...
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Notes to the Financial Statements - continued for the Period 1 April 2024 to 31 July 2024
6. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds Young Peoples Activities Lancashire magazine Percy bilton True colours Alchemy Arnold clarke Bruce wake DWF charitable grant National Lottery Community Fund The alan halsall foundation Zochonis Jack bell Payback time Anton Jurgens Eric Wright The Grocer's Charity Trust House Children in Need 2023 A Team Cost of Living Grant Groundworks Jeanette Dervish Hedley Family Support Skelton Rotary Club TOTAL FUNDS |
At 1.4.23 £ 66,496 6,746 2,260 32 - 472 464 298 636 12,032 13,246 1,640 2,762 1,950 180 9,635 844 9,206 17,635 1,487 570 990 4,000 1,000 - - - 88,085 154,581 |
Net movement in funds £ 8,508 (6,746) (1,263) (32) 4,000 (472) (464) 2,202 (618) (306) (1,718) 468 (2,762) (1,019) (180) (9,635) (844) (11,448) (17,635) 3,616 (570) (990) (2,600) (1,000) 2,568 386 500 (46,562) (38,054) |
Transfers between funds £ (2,242) - - - - - - - - - - - - - - - - 2,242 - - - - - - - - - 2,242 - |
At 31.3.24 £ 72,762 - 997 - 4,000 - - 2,500 18 11,726 11,528 2,108 - 931 - - - - - 5,103 - - 1,400 - 2,568 386 500 |
|---|---|---|---|---|
| 43,765 | ||||
| 116,527 |
continued...
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Notes to the Financial Statements - continued for the Period 1 April 2024 to 31 July 2024
6. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Young Peoples Activities Lancashire magazine Percy bilton True colours Alchemy Arnold clarke Bruce wake DWF charitable grant National Lottery Community Fund Souter The alan halsall foundation Zochonis Jack bell Payback time Anton Jurgens Eric Wright The Grocer's Charity Trust House Children in Need 2023 A Team Cost of Living Grant Groundworks Jeanette Dervish Hedley Bowie Blast Family Support Skelton Rotary Club TOTAL FUNDS |
Incoming resources £ 46,195 - 1,500 - 4,000 - - 2,500 - 99,945 2,000 14,000 3,500 1,000 4,000 - - - 41,140 - 25,972 - - - - 3,504 12,500 1,462 500 217,523 263,718 |
Resources Movement expended in funds £ £ (37,687) 8,508 (6,746) (6,746) (2,763) (1,263) (32) (32) - 4,000 (472) (472) (464) (464) (298) 2,202 (618) (618) (100,251) (306) (2,000) - (15,718) (1,718) (3,032) 468 (3,762) (2,762) (5,019) (1,019) (180) (180) (9,635) (9,635) (844) (844) (52,588) (11,448) (17,635) (17,635) (22,356) 3,616 (570) (570) (990) (990) (2,600) (2,600) (1,000) (1,000) (3,504) - (9,932) 2,568 (1,076) 386 - 500 (264,085) (46,562) (301,772) (38,054) |
|---|---|---|
continued...
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Notes to the Financial Statements - continued for the Period 1 April 2024 to 31 July 2024
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the period ended 31 July 2024.
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| INCOME AND ENDOWMENTS Donations and legacies Donations Investment income Rents received Deposit account interest Charitable activities Fundraising and event fees Support for families Grants Total incoming resources EXPENDITURE Charitable activities Wages Building costs including rent Business rates Insurance Utilities Telephone Office costs Activity costs Professional fees Fundraising costs Gift and donations Total resources expended Net income/(expenditure) |
Detailed Statement of Financial Activities for the Period 1 April 2024 to 31 July 2024 Period 1.4.24 to Year En ded 31.7.24 31.3.24 £ £ 9,230 5,467 2,620 4,560 557 1,344 3,177 5,904 16,275 34,820 - 4 149,253 217,523 165,528 252,347 177,935 263,718 64,440 180,172 5,759 22,572 769 1,302 3,314 2,610 1,038 10,179 1,128 1,679 4,689 18,384 9,987 48,284 610 1,929 9,133 14,463 - 198 100,867 301,772 100,867 301,772 77,068 (38,054) |
|---|---|
This page does not form part of the statutory financial statements
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