DocuSign Envelope ID: F3A4380E-0977-4904-B484-098992A3D6FB
**REGISTERED CHARITY NUMBER: 1147903**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
**FOR**
**FRIENDS OF RIDGEWOOD COMMUNITY HIGH SCHOOL**
Fairhurst Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB
DocuSign Envelope ID: F3A4380E-0977-4904-B484-098992A3D6FB
## **FRIENDS OF RIDGEWOOD COMMUNITY HIGH SCHOOL**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2023**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Statement of Financial Position**||5||
|**Notes to the Financial Statements**|6|to|10|
|**Detailed Statement of Financial Activities**||11||
DocuSign Envelope ID: F3A4380E-0977-4904-B484-098992A3D6FB
## **FRIENDS OF RIDGEWOOD COMMUNITY HIGH SCHOOL**
## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2023**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. 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**
The objective of the charity is to advance the education of pupils in Ridgewood Community High School "the school" in particular by:
1. Developing effective relationships with staff, parents and others associated with the school
2. Engaging in activities or providing facilities or equipment which support the school and advance the education of pupils.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
We provide after school and holiday club for disabled children with complex medical conditions between the ages of 11 to 19. In the last 12 months parents and carers have had to face a new challenge regarding the cost-of-living crisis. Young disabled children in the Burnley area need us now more than ever. Due to the complexities of the children, there is a lack of specialist provisions in the area and our safeguarding concerns have rapidly increased since the previous year. Of these, mental health, family environment and neglect concerns have significantly increased, and we expect more as parents/carers become less able to feed, clothe and keep children warm as the financial landscape keeps changing.
Currently, 1 in 3 young people in Burnley already live in poverty with their basic needs (heating, clothing, food etc) not met. These are dire circumstances that need to be addressed quickly.
Disability is also strongly connected to poverty. Parents with disabilities often face multiple barriers to work, and additional costs arise for families caring for a disabled child. 36% of children in families where someone is disabled are in poverty, compared to 25% of children in families where no-one is disabled. In addition to this, most of our children are already on a Child in Need plan due to highly complex and significant disabilities.
## **FINANCIAL REVIEW**
## **Financial position**
Despite the upheaval during this financial year the charity's total gross income continued to increase, up to £60,969 from £49,757 the previous year, and reported a surplus of £8,324, which is to be transferred to reserves. The trustees will continue to seek ways to finance projects and services for our members and develop a reserve fund to provide financial security.
## **FUTURE PLANS**
To help our children and their families cope during the coming months, there will be a far greater need to feed and warm the children, especially in the evenings and weekends. The Friends of Ridgewood Community High School is looking to scale up our service to match these needs of our children. We are also generating employment opportunities in the local area especially for adults with learning disabilities.
Over the coming months, we will look to provide an adapted support package to all our children. This includes, but is not limited to, free hot meals, entry to a safe building, warm clothes and Christmas present support. We also want to expand the charity to help children (with disabilities) at other schools and potentially look to open up a weekend club.
The charity will continue to work closely with Ridgewood Community High School and the local authority to safely provide services and projects during uncertain times. We will be flexible in our approach to project development and delivery, putting the safety of our members, staff and the wider community at the forefront of our future plans.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
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DocuSign Envelope ID: F3A4380E-0977-4904-B484-098992A3D6FB
## **FRIENDS OF RIDGEWOOD COMMUNITY HIGH SCHOOL**
## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2023**
Friends of Ridgewood Community High School was established and adopted its constitution on 25 January 2012, and was amended on 25 February 2020.
## **Recruitment and appointment of new trustees**
The management of the charity is the responsibility of the trustees who are elected under the terms of the constitution. The charity must have at least three trustees at any time.
## **Organisational structure**
The trustees meet regularly to manage the charity's affairs with the day-to-day operation and management being undertaken and overseen by all the trustees.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1147903
## **Principal address**
Eastern Avenue Burnley Lancashire BB10 2AT
## **Trustees**
I J Carden K E Stracey P Binder K Floyd J Lea (appointed 1/4/2022) E Walton (appointed 12/7/2022)
## **Independent Examiner**
John B S Fairhurst BA (Hons) FCA Fairhurst Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB
## **Bankers**
Barclays Bank UK PLC Leicester Leicestershire LE87 2BB
05 September 2023 | 18:30 BST Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ I J Carden - Trustee
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DocuSign Envelope ID: F3A4380E-0977-4904-B484-098992A3D6FB
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRIENDS OF RIDGEWOOD COMMUNITY HIGH SCHOOL**
## **Independent examiner's report to the trustees of Friends of Ridgewood Community High School**
I report to the charity trustees on my examination of the accounts of Friends of Ridgewood Community High School (the Trust) for the year ended 31 March 2023.
## **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:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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.
John B S Fairhurst BA (Hons) FCA
Fairhurst Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB 05 September 2023 | 18:37 BST Date: .............................................
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DocuSign Envelope ID: F3A4380E-0977-4904-B484-098992A3D6FB
## **FRIENDS OF RIDGEWOOD COMMUNITY HIGH SCHOOL**
## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2023**
|**STATEMENT OF FINANCIAL ACTIVITIES**
**for the Year Ended 31 March 2023**|||
|---|---|---|
|Unrestricted
Restricted
fund
funds
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
35,818
-
**Charitable activities**
General
25,151
-
**Total**
60,969
-
**EXPENDITURE ON**
**Charitable activities**
General
52,645
-
**NET INCOME**
8,324
-
**RECONCILIATION OF FUNDS**
Total funds brought forward
26,420
-
**TOTAL FUNDS CARRIED FORWARD**
34,744
-|2023
Total
funds
£
35,818
25,151
60,969
52,645
8,324
26,420
34,744|2022
Total
funds
£
41,437
8,320|
|||49,757|
|||36,778|
|||12,979
13,441|
|||26,420|
The notes form part of these financial statements
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DocuSign Envelope ID: F3A4380E-0977-4904-B484-098992A3D6FB
## **FRIENDS OF RIDGEWOOD COMMUNITY HIGH SCHOOL**
|**STATEMENT OF FINANCIAL POSITION**
**31 March 2023**
Notes
**FIXED ASSETS**
Tangible assets
4
**CURRENT ASSETS**
Debtors
5
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
6
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
8
Unrestricted funds
**TOTAL FUNDS**|2023
£
3,147
19,026
14,003
33,029
(1,432)
31,597
34,744
34,744
34,744
34,744|2022
£
3,075
22,404
969
23,373
(28)
23,345
26,420
26,420
26,420
26,420|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 05 September 2023 | 18:30 BST
............................................. I J Carden - Trustee
The notes form part of these financial statements
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DocuSign Envelope ID: F3A4380E-0977-4904-B484-098992A3D6FB
## **FRIENDS OF RIDGEWOOD COMMUNITY HIGH SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2023**
## **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.
Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable, except for those grants which are for a future specific period, in which case the relevant amount is deferred to that period.
## **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.
## **Allocation and apportionment of costs**
Support costs are those functions that assist the work of the charity but do not directly relate to charitable activities. Support costs include management fees in the year which support the charity activities.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Sports equipment - 20% on reducing balance Fixtures and fittings - 20% on reducing balance Computer equipment - 20% on reducing balance
Tangible fixed assets are stated at cost less depreciation.
## **Taxation**
As a registered charity, the charity is generally exempt from Income tax and Capital Gains Tax.
Value Added Tax is not generally recoverable by the Charity and as such is included in the relevant costs in the Statement of Financial 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.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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continued...
DocuSign Envelope ID: F3A4380E-0977-4904-B484-098992A3D6FB
## **FRIENDS OF RIDGEWOOD COMMUNITY HIGH SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023**
## **1. ACCOUNTING POLICIES - continued**
## **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.
## **Creditors**
Creditors 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 are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid deposits.
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **Impairment of assets**
At each reporting date assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared to its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit or loss.
If an impairment loss is subsequently reversed, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset in prior periods. A reversal of an impairment loss is recognised immediately in the profit or loss.
## **2. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **3. STAFF COSTS**
|Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Employees|2023
£
12,000
1,060
13,060
2023
1|2022
£
-
-
-
2022
-|
|---|---|---|
No employees received emoluments in excess of £60,000.
continued...
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DocuSign Envelope ID: F3A4380E-0977-4904-B484-098992A3D6FB
## **FRIENDS OF RIDGEWOOD COMMUNITY HIGH SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023**
## **4. TANGIBLE FIXED ASSETS**
|Fixtures
Sports
and
Computer
equipment
fittings
equipment
£
£
£
**COST**
At 1 April 2022
2,871
114
1,100
Additions
737
-
-
At 31 March 2023
3,608
114
1,100
**DEPRECIATION**
At 1 April 2022
574
40
396
Charge for year
509
15
141
At 31 March 2023
1,083
55
537
**NET BOOK VALUE**
At 31 March 2023
2,525
59
563
At 31 March 2022
2,297
74
704
**5.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2023
£
Trade debtors
10,944
Other debtors
8,082
19,026
**6.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2023
£
Trade creditors
-
Taxation and social security
1,257
Other creditors
175
1,432
**7.**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
2023
Unrestricted
Restricted
Total
fund
funds
funds
£
£
£
Fixed assets
3,147
-
3,147
Current assets
33,029
-
33,029
Current liabilities
(1,432)
-
(1,432)
34,744
-
34,744|Totals
£
4,085
737
4,822
1,010
665
1,675
3,147
3,075
2022
£
-
22,404
22,404
2022
£
28
-
-
28
2022
Total
funds
£
3,075
23,373
(28)
26,420|
|---|---|
continued...
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DocuSign Envelope ID: F3A4380E-0977-4904-B484-098992A3D6FB
## **FRIENDS OF RIDGEWOOD COMMUNITY HIGH SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023**
## **8. MOVEMENT IN FUNDS**
|**MOVEMENT IN FUNDS**||||
|---|---|---|---|
|||Net||
|||movement|At|
||At 1/4/22|in funds|31/3/23|
||£|£|£|
|**Unrestricted funds**||||
|General fund|26,420|8,324|34,744|
|**TOTAL FUNDS**|26,420|8,324|34,744|
|Net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|60,969|(52,645)|8,324|
|**TOTAL FUNDS**|60,969|(52,645)|8,324|
## **Comparatives for movement in funds**
|**Comparatives for movement in funds**|||||
|---|---|---|---|---|
|||Net|Transfers||
|||movement|between|At|
||At 1/4/21|in funds|funds|31/3/22|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|12,165|12,979|1,276|26,420|
|**Restricted funds**|||||
|Sport England - Lottery grant|1,276|-|(1,276)|-|
|**TOTAL FUNDS**|13,441|12,979|-|26,420|
|Comparative net movement in funds, included in the above are as follows:|||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
|**Unrestricted funds**|||||
|General fund||49,757|(36,778)|12,979|
|**TOTAL FUNDS**||49,757|(36,778)|12,979|
continued...
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DocuSign Envelope ID: F3A4380E-0977-4904-B484-098992A3D6FB
## **FRIENDS OF RIDGEWOOD COMMUNITY HIGH SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023**
## **9. RELATED PARTY DISCLOSURES**
An amount of £18,966 (2022: £Nil) was owed by Ridgewood Community High School, an associated undertaking, as at 31 March 2023.
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DocuSign Envelope ID: F3A4380E-0977-4904-B484-098992A3D6FB
## **FRIENDS OF RIDGEWOOD COMMUNITY HIGH SCHOOL**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2023**
||2023|2022|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|-|27,547|
|Grants|35,818|13,890|
||35,818|41,437|
|**Charitable activities**|||
|Sundry Income|600|180|
|School clubs income|24,551|8,140|
||25,151|8,320|
|**Total incoming resources**|60,969|49,757|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Wages|12,000|-|
|Pensions|1,060|-|
|Travelling|1,439|592|
|Subscriptions|502|519|
|School project support|35,247|31,930|
|Advertising|50|-|
|Sundries|307|490|
|Depreciation of tangible fixed assets|665|449|
||51,270|33,980|
|**Support costs**|||
|**Governance costs**|||
|Professional fees|175|1,598|
|Accountancy|1,200|1,200|
||1,375|2,798|
|Total resources expended|52,645|36,778|
|**Net income**|8,324|12,979|
This page does not form part of the statutory financial statements
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