2023-03-31-accounts - The Moving On Project

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THE MOVING ON PROJECT

Charity No. 1147632

Company No. 07764753

Trustees' Report and Unaudited Accounts

31 March 2023

THE MOVING ON PROJECT Contents

	Pages
Trustees' Annual Report	2 to 5
Independent Examiner's Report		6
Statement of Financial Activities		7
Summary Income and Expenditure Account		8
Balance Sheet		9
Notes to the Accounts	10 to	17
Detailed Statement of Financial Activities	18 to	19

Page 1

THE MOVING ON PROJECT

Trustees Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2023.

Reference and administive details

Company No. 07764753

Charity No. 1147632

Registered Office

Xperience Trinity Street Fareham Hampshire PO16 7SJ

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

M. Clarke A. Domblides (Appointed 26 November 2022) S. Hudson I. Tucker G. Wilson F. Wood (Resigned 7 September 2022)

Accountants

Eclipse Accountancy Ltd Fareham Innovation Centre Merlin House, 4 Meteor Way Lee on the Solent Hampshire PO13 9FU

Page 2

THE MOVING ON PROJECT Trustees Annual Report continued

Objectives and activities

The charity's objects are to relieve sickness and to promote and preserve good health and education by the provision of counselling and support services for young people and their families across South East Hampshire including Fareham, Gosport and Havant Borough Councils and within the boundaries of the city of Portsmouth. The charity helps young people aged 11 to 25.

Our vision for The Moving on Project is to improve the emotional health and wellbeing of young people aged between 11 and 25 in South-East Hampshire, Fareham and Gosport in order that they can achieve their full potential.

Our mission at The Moving on Project is to provide quality, confidential counselling which is actionable and sustainable to support the young people in the Fareham and Gosport community move forward to their future.

We pride ourselves on our values at The Moving on Project and these are at the heart of everything we do.

Integrity

We deliver the highest standards of professional and ethical behaviour, and value transparency and honesty in our communications, relationships and actions, whilst maintaining confidentiality.

Safety

We prioritise the safety of our clients, our counsellors and our volunteers always.

Community

We want to have a positive impact on our community. For years our community has protected and looked out for one another. At a time when we are becoming less connected, the power of the community has never been more important.

We have created a simple message that potential Trustees can get behind to give the strategic desired outcome.

T - Target more funding
H - Help more clients
R - Reach out to our community
I - Inspire young people
V - Value our counsellors and staff
E - Ensure longevity of the charity

The charity achieves its objectives by:

Offering one-to-one counselling and group work for young people aged from 11 to 25.

• Working with children and young people within GP's surgeries, secondary schools and colleges. We have not been directly impacted by the war in Ukraine but remain aware of the distressing impact on young people and exposure to violence, radicalisation and misinformation on social media.

Page 3

THE MOVING ON PROJECT Trustees Annual Report continued 1

Achievements and performance

In the period between 01 04 2022 and 31 03 2023, we provided 1,742 sessions of counselling for young people, helping 398 young people in our designated area.

War in Ukraine

We have not been directly impacted by the war in Ukraine but remain aware of the distressing impact on young people and exposure to violence, radicalisation and misinformation on social media.

War in Iseral-Gaza

We have not been directly impacted by the war in Iseral-Gaza but remain aware of the distressing impact on young people and exposure to violence, radicalisation and misinformation on social media.

Financial review

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three- and six-month’s expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The Trustees have assessed the major risks to which the charity is exposed, and are satisfied those systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The charity is a company limited by guarantee and has no share capital. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed by its Articles of Association.

The Moving on Project is committed to having a diverse and active Trustee board. The Trustee recruitment, selection and induction process that The Moving on Project uses seeks to follow the Charity Commission document.

One new Trustees joined the board during the year, with one Trustee departing. Bringing the total number of Trustees to 5 at the end of the financial year. A secretary was also appointed from the Trustees. There are currently no vacancies in the Trustee board.

The Moving on Project's Board of Trustees ultimately make all decisions on behalf of the charity. They meet regularly to discuss aspects of the charity's work, make decisions and monitor the delivery of outsourcing agreements.

Page 4

THE MOVING ON PROJECT Trustee Annual Report continued 2

The Chair's Summary

We have a lot to be grateful for in 2023, with fantastic support from our corporate partners, winning key funds and the relentless work of our staff. We continue to have a positive and lasting impact on young people in our community. With our key performance milestones remaining high across counselling, mental health and the confidence young people place in the charity.

Our financial position remains consistent with previous years, although we continue to seek new funding opportunities. We remain confident and optimistic about the charity, but we are concerned by wider trends across public funding for health services and the continued rise in cases being referred to the charity.

The Trustees' report was approved by the Board of Trustees.

M. Clarke Dated: 30 November 2023

Page 5

THE MOVING ON PROJECT

Independent Examiners Report

Independent Examiner's Report to the trustees of THE MOVING ON PROJECT

I report to the charity trustees on my examination of the financial statements of THE MOVING ON PROJECT for the year ended 31 March 2023.

Responsibilities and basis of report

As the charity's trustees of the company (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 your charity's financial statements 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 can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in accordance with section 386 of the 2006 Act ; or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements under 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
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.

Anouska James ICAEW Eclipse Accountancy Ltd Fareham Innovation Centre Merlin House, 4 Meteor Way Lee on the Solent Hampshire PO13 9FU 30 November 2023

Page 6

THE MOVING ON PROJECT

Statement of Financial Activities

for the year ended 31 March 2023

Unrestricted funds 2023 £ 9,332 41,305 13,984 127 199	Restricted funds 2023 £ 74,796 - - - -	Total funds 2023 £ 84,128 41,305 13,984 127 199	Total funds 2022 £ 87,529 39,008 11,264 8 400
64,947 91,545	74,796 36,106	139,743 127,651	138,209 103,342
91,545 -	36,106 -	127,651 -	103,342 -
(26,598) -	38,690 -	12,092 -	34,867 -
(26,598)	38,690	12,092	34,867
(26,598) 79,784	38,690 40,104	12,092 119,888	34,867 85,021
53,186	78,794	131,980	119,888

Page 7

THE MOVING ON PROJECT

Summary Income and Expenditure Account

for the year ended 31 March 2023

Income Interest and investment income Gross income for the year Expenditure Depreciation and charges for impairment of fixed assets Total expenditure for the year Net income before tax for the year Net income for the year	2023 £ 139,616 127 139,743 127,465 186 127,651 12,092 12,092	2022 £ 138,201 8 138,209 102,563 779 103,342 34,867
		34,867

Page 8

THE MOVING ON PROJECT

Balance Sheet

at 31 March 2023

Company No. 07764753 Notes 2023 £ Fixed assets Tangible assets 12 75 75 Current assets Debtors 13 11,205 Cash at bank and in hand 126,429 137,634 Creditors:Amount falling due within one year 14 (5,729) Net current assets 131,905 Total assets less current liabilities 131,980 Net assets excluding pension asset or liability 131,980 Total net assets 131,980 The funds of the charity Restricted funds 15 Restricted income funds 78,794 78,794 Unrestricted funds 15 General funds 53,186 53,186 Reserves 15 Total funds 131,980	2022 £ 261
	261 9,124 115,666
	124,790 (5,163)
	119,627 119,888
	119,888
	119,888
	40,104
	40,104 79,784
	79,784
	119,888

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 30 November 2023

And signed on its behalf by:

M. Clarke

Trustee

30 November 2023

Page 9

THE MOVING ON PROJECT Notes to the Accounts

for the year ended 31 March 2023

1 Accounting policies

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) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable.

Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 10

THE MOVING ON PROJECT Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Computer Equipment 33.33% Straight Line Fixtures, fittings and 25% Straight Line equipment

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other 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.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Page 11

THE MOVING ON PROJECT Notes to the Accounts

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Page 12

THE MOVING ON PROJECT Notes to the Accounts

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

3 Statement of Financial Activities - prior year

Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Other Total Expenditure on: Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies Donations 5 Income from charitable activities Income from funding	Unrestricted £ 9,332 9,332	Unrestricted funds 2022 £ 33,085 39,008 11,264 8 400 83,765 89,002 89,002 (5,237) (5,237) (5,237) 85,021 79,784 Restricted £ 74,796 74,796 Unrestricted £ 41,305 41,305	Restricted funds 2022 £ 54,444 - - - - 54,444 14,340 14,340 40,104 40,104 40,104 - 40,104 Total 2023 £ 84,128 84,128 Total 2023 £ 41,305 41,305	Total funds 2022 £ 87,529 39,008 11,264 8 400
				138,209 103,342
				103,342
				34,867
				34,867
				34,867 85,021
				119,888
				Total 2022 £ 87,529
				87,529
				Total 2022 £ 39,008
				39,008

Page 13

THE MOVING ON PROJECT

Notes to the Accounts

6 Income from other trading activities

Unrestricted £ 13,984 13,984 Unrestricted £ 127 127 Unrestricted £ 199 199	Total 2023 £ 13,984 13,984 Total 2023 £ 127 127 Total 2023 £ 199 199	Total 2022 £ 11,264
		11,264
		Total 2022 £ 8
		8
		Total 2022 £ 400
		400

Restricted £ 2,130 28,958 386 1,160 - 3,472 - 36,106 2023 £ 186	Total 2023 £ 3,360 99,014 3,665 2,500 186 14,545 4,381 127,651	Total 2022 £ 1,890 82,902 1,362 3,125 779 10,541 2,743
		103,342
		2022 £ 779

Page 14

THE MOVING ON PROJECT Notes to the Accounts

11 Staff costs Salaries and wages Social security costs Pension costs No employee received emoluments in excess of £60,000. 12 Tangible fixed assets Cost or revaluation At 1 April 2022 At 31 March 2023 Depreciation and impairment At 1 April 2022 Depreciation charge for the year At 31 March 2023 Net book values At 31 March 2023 At 31 March 2022 13 Debtors Trade debtors Prepayments and accrued income 14 Creditors: amounts falling due within one year Trade creditors Other taxes and social security Other creditors Accruals	2023 95,048 1,704 1,596 98,348 Computer Equipment £ - - - - - - - 2023 £ 11,205 - 11,205 2023 £ 1,900 1,620 288 1,921 5,729	Fixtures, fittings and equipment £ 2,827 2,827 2,566 186 2,752 75 261	2022 79,805 303 1,371
			81,479
			Total £ 2,827
			2,827
			2,566 186
			2,752
			75
			261
			2022 £ 90 9,034
			9,124
			2022 £ 1,743 1,233 267 1,920
			5,163

Page 15

THE MOVING ON PROJECT Notes to the Accounts

15 Movement in funds

At 1 April 2022 Incoming resources (including other gains/losses ) £ Restricted funds: Restricted income funds: Restricted Funds 2022-23 40,104 74,796 Total 40,104 74,796 Unrestricted funds: General funds 79,784 64,947 Total funds 119,888 139,743 Purposes and restrictions in relation to the funds: Restricted funds: Restricted Funds 2022-23 Provision of counselling services	Incoming resources (including other gains/losses ) £ 74,796 74,796 64,947 139,743	Resources expended £ (36,106) (36,106) (91,545) (127,651)	At 31 March 2023 £ 78,794
			78,794
			53,186
			131,980

16 Analysis of net assets between funds

At 1 April 2022 £	Unrestricted funds £ 75 131,905 131,980 Cash flows £	Total £ 75 131,905
		131,980
		At 31 March 2023 £
115,666	10,763	126,429
115,666 115,666	10,763 10,763	126,429
		126,429

Page 16

THE MOVING ON PROJECT

Notes to the Accounts

18 Commitments

Operating lease commitments

Annual commitments under non-cancellable operating leases are as follows:

Operating leases with expiry date: Within one year *Pension commitments* The pension cost charge to the company amounted to:	2023 Land and buildings £ - -	2023 Other £ - - 2023 £ 1,596	2022 Land and buildings £ - -	2022 Other £ 2,500
				2,500
				2022 £ 1,371

19 Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 17

THE MOVING ON PROJECT

Detailed Statement of Financial Activities

for the year ended 31 March 2023

Income and endowments from: Donations and legacies Donations Charitable activities Income from funding Other trading activities Private Counselling Investments Interest received Other HMRC Grants Total income and endowments Expenditure on: Other expenditure Supervision Costs Employee costs Salaries/wages Employer's NIC Pension costs Staff training Staff welfare Motor and travel costs Travel and subsistence Premises costs Rent General administrative costs, including depreciation and amortisation Depreciation of Computer Equipment	Unrestricte d funds 2023 £ 9,332 9,332 41,305 41,305 13,984 13,984 127 127 199 199 64,947 1,230 1,230 66,756 1,704 1,596 - - 70,056 3,279 3,279 1,340 1,340 -	Restricted funds 2023 £ 74,796 74,796 - - - - - - - - 74,796 2,130 2,130 28,292 - - 666 - 28,958 386 386 1,160 1,160 -	Total funds 2023 £ 84,128 84,128 41,305 41,305 13,984 13,984 127 127 199 199 139,743 3,360 3,360 95,048 1,704 1,596 666 - 99,014 3,665 3,665 2,500 2,500 -	Total funds 2022 £ 87,529 87,529 39,008 39,008 11,264 11,264 8 8 400 400 138,209 1,890 1,890 79,805 303 1,371 456 967 82,902 1,362 1,362 3,125 3,125 -

Page 18

THE MOVING ON PROJECT

Detailed Statement of Financial Activities

Depreciation of Fixtures, fittings and equipment Equipment expensed General insurances Postage and couriers Software, IT support and related costs Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband Legal and professional costs Accountancy and bookkeeping Other legal and professional costs Total of expenditure of other costs Total expenditure Net gains on investments Net income Net income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	186 480 830 12 7,133 1,488 300 830 - 11,259 4,320 61 4,381 91,545 91,545 - (26,598) (26,598) - (26,598) 79,784 53,186	- 656 - - 1,269 145 1,230 152 20 3,472 - - - 36,106 36,106 - 38,690 38,690 - 38,690 40,104 78,794	186 1,136 830 12 8,402 1,633 1,530 982 20 14,731 4,320 61 4,381 127,651 127,651 - 12,092 12,092 - 12,092 119,888 131,980	779 - 810 10 8,205 821 - 655 40 11,320 2,695 48 2,743 103,342 103,342 -
				34,867
				34,867 -
				34,867
				85,021
				119,888

Page 19