THE CYRIL FLINT VOLUNTEER CHARITY LTD Registered Charity Number.. 1146179 Registered Company Number: 07962245 THE CYRIL FLINT VOLUNTEER CHARITY LTD TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
THE CYRIL FLINT VOLUNTEER CHARITY LTD Contents Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-16
THE CYRIL FLINT VOLUNTEER CHARITY LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE INFORMATION Registered Charity Number.. 1146179 Registered Company Number.. 07962245 Registered address.. 5a Washway Road Sale Trafford M33 7AD Trustees.. D O'Donhu8 B Clark C Farrugia P Farrugia E Mcverry K O'connor Bankers.. Royal Bank of Scotland 8th Floor 1 Hardman Boulevard Manchester M3 3AQ Independent examiner.. JAFOX 1 Tinlern Avenue Flixlon Manchester M41 6FJ
THE CYRIL FLINT VOLUNTEER CHARITY LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The Iruslees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report along with the financial statements of the charity for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies sel out in Iiote 1 to the financial statements and comply with the Charities Act 2011, the Companies Act 2006, the charity's Memorandum and Articles of Association and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting SlanLlard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191. The reference and adminislralive information on paoe 2 forms part of this report. structure. governance and management The charity was incorporated as a company limited by guarantee on 23 Fehruary 2012 and is consliluled under ils Articles of Association. 11 is registered under charity number 1146179 and company numbei 07962245. The following Iruslees served throughout the year to 31 March 2024 and lo the dale of this report, unless otherwise indicated. D O'Donoghue (Chairl Clark C Farrugia P Farrugia E Mcverry K O'connor The Board of Trustees is responsible for the slmtegic direction of the organisalion. New trustees are recruited and appointed in line with the Memorandum and Articles of Association. New Iruslees are provided with an induction pack and training is provided as considered necessary. Objectives and activities The objecb'ves of the charity are lo provide relief lo those in need by reason of old age andlor ill health, through the provision of a befriending service in England. The charity promotes social inclusion to those who are excluded from society because they are house bound, or unable to access transport, or by lack of social network or other reason, by the provision of.. 11 a befriending and volunteering service visiting people in their own home 21 a befriending and volunteering service supporting people lo access local commLJnity facilities 31 support lo access information technology al home lo enable greater social inclusion 41 prevenlalive care and measures 51 the aforementioned services and support to enable them lo retain independence Public benefit The charity's trustees have complied with their duly in the Charities Act 2011 to have due regard lo guidance published by the Charity Commission on public benefit. Our main activities and who we try lo help are described above. All our charitable activities focus on promoting social inclusion and are undertaken lo further our charitable purposes for public benefit.
THE CYRIL FLINT VOLUNTEER CHARITY LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 ICONTINUEDI Achievement and performance The charity recruited 62 new volunteers this year. vhlIst this is below our annual target of 70, the Iruslees were impressed that volunteer recruitment remained high al a time when volunteering on average has decreased across the UK. Grant funding for a second free monthly cuppa and company event has now ended. We are grateful lo the funders for the opportunity to reach members of the cornmunity in different parts of Trafford. We hope this helped increase the attendee's confidence and support, gelling back out and about in their local community and, while we are unable to host a second monthly cuppa and company al this lime. this is 50mething we would look lo again in the future. We have a150 become part of the local"Ageing in place steering group and we continue to work closely with other VCSES and local organisalions, furthering our reach and increase the positive impact the VCSE sector and ils offer can have on the individuals in need of these service5. The Iruslees would like lo thank all staff and volunteers who again exceeded expectations in supporting the older members of the community. Financial review During the year the charity was successful in sourcing funding from a number of donors resulting in income of £79k. With expenditure of £106k, this resulted in a £27k reduction in the charity's reserves. The trustees would like lo acknowledge all donors. with particular thanks for their Gontinued support to The Henry Smith Charity. Reserves policy Reserves are maintained at a level to meet the working capital requirements of the charity. The reserves policy has been reviewed, with 3 months working capital sel as a requirement, hence a revised minimum level of £30k. We may look lo increase this in the future in line with rising costs. At 31 March 2024 unrestricted funds were minus £1 k12023 - £26kl. The Iruslees consider this reserve level inappropriate lo the current scale of operation and the staffing and resources required if viewed as a temporary snapshot. However, new funding had been secured for a new project in Salford and several of our regular donors have commilled lo multi-year support to pmvide greater assurance. Trustees Iherefore are confident in this manner that reserve funds will continue to recover. Future plan$ The five-year plan was initially put on hold due lo the pandemic. The five-year plan encompassed looking at new areas that the charity could provide its services in. Demand for the charity's service in ils current area of operation is constant, consequently the five-year plan is being reviewed to enable the charity lo try to rneet the needs of the local community first and foremost bul also in neighbouring areas. The future developrnent of the charity as always is informed by our fundraising strategy highlighting the aims and objectives of how we plan lo secure new funding lo deliver the charity's substantially over the long term.
THE CYRIL FLINT VOLUNTEER CHARITY LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 ICONTINUEDI Trustees, Responsibilities for the financial statements The charity Iruslees (who are also the directors of the chai'ily for the purposes of company lawl are responsible for preparing a Iruslees, annual report and financial sl8lemenls in accordance with applicable law and United Kingdom Accounting Standards Iuniled Kingdom Generally Accepted Accounting Practicel- Company law requires the charity trustees lo prepare financial statements for each year which give true and fair view of the slate of affairs of the charitable company and of the income and expenditure of the charitable company for that period. In preparing the 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 judgements and eslimales that are reasonable and prudent., slate whether applicable UK accounting standards have been followed, Subject to any material departures disclosed and explained in the financial stalemenls., prepare the financial slalemenls on the going concern basis unless it is inappropriate lo presume that the charity will continue in business. The Iruslees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection tsf fraud and other irregularities. The Iruslees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable companys website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in otherjurisdiclions. This report has been prepared in accordance with the Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and in accordance with the provisions applicable to companies subject lo the small companies, regime. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating lo small companies. Approval The report of the Trustsep was approved by the Board on 211,,1? nd signed on its behalf by., D O'Donoghu Trustee
THE CYRIL FLINT VOLUNTEER CHARITY LTD INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CYRIL FLINT VOLUNTEER CHARITY LTD I'the company") I report to the trustees on my examination of the financial statements of the company for the year ended 31 March 2024. Responsibilities and basis of report As the ch8rity's trustees, and 81so as 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 {"Ihe 2006 Act i. Having satisfied myself that the financial statements of the company are not required lo 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 financial statement5 as carried out under secb'on 145 of the Charities Act 2011 1.the 2011 Act l. In carrying out my examination I have followed the Directions given by the Charity Cornmission under section 14515llbl of the 2011 Act. Independent examiner's statement I have completed my examination. I confirm that no mallers have come to my attention in connection with the examination giving me cause lo believe that". accounting records were not kept in respect of the company as required by section 386 of the 2006 Act. or 2. the financial slalemenls do not accord with those records", or 3. the financial slalemenls do not comply with the aecounling requirements of section 396 of the 2006 Act other than any requirement that the financial statements 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 Slalemenl of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS10211. I have no concerns and have come across no other mallers in connection with the examination to which attenlion should be drawn in this report in order to enable a proper understanding of the financial slalements lo be reached. Signed.. Janine Fox 1 Tinlern Avenue Flixlon Manchester M416FJ Dale.. 21 2024
THE CYRIL FLINT VOLUNTEER CHARITY LTD Statement of Financial Activities lineludiiig an income & expenditure accounti For the year ended 31 March 2024 Unrestricted Restricted Fundg Funds 2024 2024 Total Funds 2024 Total Funds 2023 Note Income Donations and legacies 78,121 1,000 79,121 84,966 Total income 78,121 1.000 79,121 84.966 Expenditure Raising funds 10,333 10,333 14.808 Charitable activities 94,835 1,400 96,235 115,346 Total expenditure 105,168 1.400 106,568 130,154 Net lexpenditur?) {27,0471 {4001 127,4471 145,1881 Net movement in funds 127,0471 (4001 {27,447} 145,1881 Total funds brought forward 25.898 400 26.298 71,486 Total funds carried forward io 11,1491 {1,1491 26,298 The Statement of Financial Activities includes all gains and losses In the year. All activities relate to continuing operations. The notes form part of these financial statements.
THE CYRIL FLINT VOLUNTEER CHARITY LTD Balance Sheet at 31 March 2024 Company number.. 07962245 Note 2024 2024 2023 202 FIXED ASSETS Tangible fixed assets 648 CURRENT ASSETS Debtors due within one year Cash al bank and in hand 17.697 6.694 5,821 51,715 24,391 57,536 CURRENT LIABILITIES Creditors falling due within one year 125.5401 131,8861 NET CURRENT ILIABILITIESIIASSETS 11,149) 25,650 NET ILIABILITIESIIASSETS 11,149} 26,298 REPRESENTED BY.. FUNDS Unreslricled geneTal funds Restricted funds {1,149} 25.898 400 11,149} 26,298
THE CYRIL FLINT VOLUNTEER CFIARITY LTD Balance Sheet at 31 March 2024 Icontinuedl Company number: 07962245 The charitable company is enlilled to exemption from audit Ljnder Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordan with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for.. al ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and bl preparing financial statements which give a true and fair view of the slate of affairs of the charitable company as al the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 396 and which otherwise comply with the requirements of the Companies Act 2006 relating lo financial slatemenls, so far as applicable lo the charitable company. These financial statements have been prepared in accordance with the provisions applicable lo eharilable companies subject to the small companies regime. Approved by the trustees on 171,,124 and signed on their behalf by.. D O'Donoghue Trustee The notes form part of these financial slalements.
THE CYRIL FLINT VOLUNTEER CHARITY LTD Note5 to the Financial Statements For the year ended 31 March 2024 Accounting policies a) Basis of preparation The financial statements of the charitable company have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 lefleclive 1 January 20191 (Charities SORP IFRS 10211. and the Companies Act 2006. The charitable company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recogni5ed at historical cost Dr transaction value unless otherwie staled in the relevant accounting policy nolelsl. The functional currency is £ steding. bl Crltical accounting judgements and key sources of estimation uncertainty In applying the charitable company s accounting policies, the trustees are required lo make judgements, estimates and a55UmPtions about the carrying amounts of assets and liabilities that ale not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. ALlual requlls may differ from these eslimales. The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the Tevision affects only that period, or in the period of the revision and future periods where the revision afferls both current and future periods. I he Iruslees do not consider any such judgements or estimates have had a material impact on the financial slalemenls. c} Going concern The trustee5 have a reason?ble expectation that the charity has adequate SOurCeS to continue in operational existence for the foreseeable future. The period which the Iruslees have considered in this assessment is al least 12 months from the dale of approval of these financial slatemenls. In arriving al their conclusion, the trustees have prepared budgets and cash flow forecasts, based on their awarenes5 of the future funding pipeline and iniproved cash position since the year end, making reasonable provision for unforeseen expenses. The charity has been working closely with Cathedr21 Care Services Ltd and Cathedral Care Services Ltd has committed to additional ad hoc support when required. On this basis the Iruslee5 continue lo adopt the going concern basis of accounting in prpparing these financial slalerr.enfs. dl Income All income is recognised in the Statement of Financial Activities once the charity has enlitlemenl lo the funds, il is probable that the income will be received and the amoiint Gan be measured reliably. Voluntary incorne received by way of grants is included in full in the Slalemenl of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of specific performance by the charity, are reeognised when the charity becomes unconditionally enlilled to the gmnt. io
THE CYRIL FLINT VOLUNTEER CHARITY LTD Notes to the Financial Staternents For the year ended 31 March 2024 Accounting policies Icontinuedl Income froin grants related to peifom)ance and specific deliverables are recoqnised as the charity earns the right to consideration by its performance. Income received by way of donation is included in the Slalement ol Financial Activities when received in the charity's bank accoLJnt, as this is when the recognition criteria are. considered to have been mel. el Expenditure Liabilities are recogni5ed as expenditure as soon as there is a legal or constructive obligation commilling the charity lo that expenditure, il 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 costs related lo that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent wilh the use ol resources on a time spent basis. Tangible fixed assets Depreciation is provided in order lo write off each asset over its estimated useful life of 4 years. gl Taxation The charity is exempt from corporation lax on ils charitable activities. h) Fund accounting Unrestricted funds can be used in accordance wilYI the charitable objectives at the discretion of the trustees. Restricted fvnds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specifi'ed by the donor orwhen funds are raised for particular reslricled purposes. Designated funds are unrestricted funds earmarked by the trustees for particular purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial stalemenls. Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial inslrumenls. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. jl Legal status of the charity The charity is a limited by guarantee and has no share capital. kl Pensions The charity operates a defined contribution pension scheme The pension costs charged in the financial statements represent the contributions payable by the charity during the year. li
THE CYRIL FLINT VOLUNTEER CHARITY LTD Notes to the Financial Statements For the year ended 31 March 2024 Net lexpenditurel Net lexpendilurel is stsled after charging-. 2024 2023 Independent examination fees Depreciation 2,300 648 2,200 926 Tru5tees' Tgmuneration and beneflts There was no trustees, remuneration, other benefits or trustees, expenses for the year ended 31 March 2024 or for the year ended 31 March 2023. The trustees are considered to be the charity's key management personnel. There were no related party Irans8Ctions other than as disclosed below. Related party transactions In the year ended 31 March 2024, charges of £7,60012023 - £42,607) in relation to staff and tfftining costs were made lo the charity from Cathedral ca Services Ltd, 8 company in which one of the trustees, Daniel O'Donoghue, is a director. Al the balance Sheet date £48012023 - £3,512) is included in creditors in relation to these charges. In the year ended 31 March 2024, charges of £6,00012023 - £5,5001 in relation lo rent were made by the charity to Cathedral Care Services Ltd, a company in which onp of the Iruslees, Daniel O'Donoghue, is a director. No amount was outstanding al the balance sheet dale. Al the balance sheet date an amount of £nil12023 - £1921 included in debtors is owed by Care Captains Ltd, a company in which one of the IrLlStees, Daniel O'Donoghue, is a director. Staff costs 2024 2023 Salaries and wages Pension contributions 67,380 469 90,158 871 67,849 91,029 The average number of employees during the year was.. Number Number Staff numbers Administration and support (full lime equivalent 2.412023- 3.3} No employee {2023'. none) earned more than £60,000 during the year. 12
THE CYRIL FLINT VOLUNTEER CHARITY LTD Notes to the Financial Statements For the year ended 31 March 2024 Tangible fixed assets Office equipment elc Cost Al 1 April 2023 Additions 4,647 Al 31 March 2024 4,647 Depreciation At 1 April 2023 Provided during the year 3,999 648 At 31 March 2024 4,647 Net book value Al 31 March 2024 Al 31 March 2023 648 Debtors due within one year 2024 2023 Other debtors and prepayments Accrued income 697 17,000 5,821 17,697 5,821 Credltors falling due within one year 2024 2023 Other creditors Accrua5s and deferred income 13,039 12,501 17,702 14,184 25,540 31,886 Deferred income (relates lo grants related to future periods).. 2024 2023 Balance brought forward Released lo income in the year Deferred in the year 11,984 111,9841 9,308 8.830 18,8301 11,984 9,308 11,984 13
THE CYRIL FLINT VOLUNTEER CHARITY LTD Note5 to the Financial Statements For the year ended 31 March 2024 Financial instruments Financial assets measured at amortised cost.. 2024 2023 Included within other debtors. accrued income and cash al bank and in hand 23,694 52,784 Flnanclal IlabllStSes measured al amortised cost.. 2024 2023 Included within other creditors 16,232 19,902 10. Analysis of net assets between funds 2024 Fixed assets Net current Iliabilitiesl Total Restricted funds Unrestricted funds 11,1491 11,1491 11,149} 11,149) 2023 Fixed assets Net current assets Total Restricted funds Unreslricled funds 400 25,250 400 25,898 648 648 25.650 26.298 14
THE CYRIL FLINT VOLUNTEER CHARITY LTD Notes to the Financial Statements For the year ended 31 March 2024 11. Statement of reserves At31 March 2023 2024 At 31 March 2024 Income Expenditure Transfers Unreslricled funds Restrioled funds 25,898 400 78,121 1,000 1105,1681 11,4001 11 1491 Total 26,298 79.121 1106,5681 11,1491 At31 March 2023 Restricted funds At 31 March 2023 Income Expenditure Transfers Winham- vouchers Morrisons vouchers 400 1400) 1,000 11,0001 Total 400 1,000 11,4001 At31 March 2022 2023 At 31 March 2023 Income Expenditure Transfers Unreslricled funds Restricted funds 69,403 2,083 83,966 1.000 1127,4711 12,6831 25,898 400 Total 71,486 84,966 1130,1541 26,298 At31 March 2022 Restricted funds At 31 March 2023 Income Expenditure Transfers Prince of Wales's Charitable Foundation Wnham- vouchers 2,083 12,0831 16001 1.000 400 Total 1,000 12,6831 400 15
THE CYRIL FLINT VOLUNTEER CHARITY LTD Notes to the Financial Statements For the year ended 31 March 2024 12. Pension commitments The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions tolalling £469 12023.. £8711 were paid in the year. An amount owed of £98 is included within the balance sheet al the year end12023 £1161. 13. Prior year Statement of Financial Activities Unrestricted Funds Restricted Funds Total 2023 Income Donations and legacies 83,966 1,000 84,966 Total Income Expenditure Raising funds Charitable activities 14,808 112,663 14,808 115.346 2,683 Total Expenditure 127 471 Net lexpenditurel {43,5051 11,6831 145.1881 Net moveinent in funds 143,5051 11,683} 145,1881 Balances brought forward 69,403 2,083 71.486 Balance5 carried forward 400 16