Company Registration No. 07797133 (England and Wales) Charity No. 1150126 Spring North Ltd Company Limited by Guarantee Trustees, Report and Financial Statements For the Year Ended 31 March 2023 MOORE & SMALLEY
SPRING NORTH LTD CONTENTS YEAR ENDED 31 MARCH 2023 Page Reference and administration details Trustees, Annual Report Independent Auditors, Report to the Trustees Stslement of Financial Activities 14 Balance sheet 15 Cash flow slalement 16 Notes to the financial statements 17
SPRING NORTH LTD CHARITY REFERENCE AND ADMINISTRATION DETAILS YEAR ENDED 31 MARCH 2023 Rogistergd Charity Name Spring North Ltd Charity Registration Number 1150126 Company Registration Number 07797133 Registered Office 1 Exchange Street Room 103 Blackburn Lancashire BB1 7JN Auditor MHA Moore and Smalley Chartered Accountants & Statutory Auditor Richard House 9 Winckley Square Preston PR1 3HP Key Management Personnel Mrs A Allen (Chief Officer)
SPRING NORTH LTD TRUSTEES. ANNUAL REPORT YEAR ENDED 31 MARCH 2023 The Iruslees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report and the audited accounts for the year ended 31 March 2023. Spring North The charity changed its name from Families Health and Well Being Consortium lo Spring North in November 2019. The new name, logo, vision and valLJes were launched in November 2019. Structurei govemance and management The charity is a company limited by guarantee. It is managed by a board of experienced Iruslees which is responsible for ensuring the financial stability of the charity and providing advice on policy and resource management. The company was incorporated on 4 October 2011 and was registered with the Charities Commission on 11 December 2012. The trustees who Seed the company during the year were as follows.. N Adamson (resigned 27109120231 A Barrass L Baxter C Bennell S Colton D Edmundson IChairperson} l Gibbs A Greenwood A Leather A Patel (appointed 12107120231 S Swindley (Deputy Chairperson) L Tapner An invitation lojoin the Board is sent out with the AGM papers prior lo the meeting. Nominations are reiVed and voted on at the AGM by members. AS part of the induction and training programme, new Board members are required to.. Meet the description outlined In the role of directors Comply with the process for election of directors Agree with the Code of Conduct Register any conflicts of interest and directors, interests Complete a skills audit to identify strengths and potential skills gaps All of the above are outlined in the Spring North Directors Manual 2016. None of the trustees have any beneficial interest in the company. Overall management of the charity is the responsibility of the Iruslees who are elected and co-opted under the terms of the Memorandum of Articles of Association. Day lo day project activity is carried out by the Chief Officer of Spring North and staff. The Board of Trustees have delegated responsibility to the sub-finance committee for recommending pay and remuneration and establishing benchmarks and parameters used to set pay scales and wage increases for key management personnel. Overall responsibility lies with the Board members.
SPRING NORTH LTD TRUSTEES. ANNUAL REPORT YEAR ENDED 31 MARCH 2023 Objectives and activities Spring North is a member-based charity comprising 190 independent VCFSE organisations from across Lancashire. Our aim is to support these organisations to provide wellbeing for all across the geography through collaboration and partnership working. We aim lo do this by redesigning support and services lo reflect the changing landscape of health and social care, addressing disadvantage, reducing ineqLJalib'es and improving the resilience of local people. Through collaborations and innovation, we will achieve impact. Our values Dynamic- Spring North is the driving for lo improve health and wellbeing in our communities Caring- We support all our members and communities with care and consideration Influenlial-we are a Vol within our communities that will change lives through commitment and passion Trusted - We are respected, recognized and accountable to our members and stakeholders We have a strong track record of contract management & sub-conlracl delivery and the feedback from commissioners, funders and delivery partners has consislenlly been good over the 11 years of our formation. Spring North has in place an agreed process for sub-contracting which allows for internal competition for delivery of work where appropriate - all members are signed up lo these arrangements. Spring North provides a single point of contract for commissioners and ensures the following.. Inte ration The collaborative approach lo planning and delivery allows for integrated support lo be rolled out across Lancashire. Sub-conlracled organisalions report dIreCY to Spring North using an agreed format- which are then consolidated into a single report for the funder. Quali All member organisations are required to evidence a quality kite-mark as a pre-requisite for membership. Quality of provision is monitored through regular meetings with our membership and the service users. Com liance Sub-contracted organisalions are required to sign an agreement with Spring North outlining their obligations in terms of service delivery and financial monitoring. These are monitored on a quarterly basis. Accountabili Systems and processes for reporting and monitoring are agreed with the sub-contracting organisation and Spring North. Accountability for the delivery of work lies within the delivery partnership bul rests firmly with Spring North as the contract holder. Performance Agreed performan measures are outlined with funders at the outset of the contracts and monitored on quarterly basis. Efficienc Through re-alignment of service provision, better collaboration and asset building, the Spring North model reduces duplication of servIs, ensures an end-lo-end support service for the target groups and a personlfamily focused approach lo roll-out. Regular consultation with service users is an integral part of the work undertaken.
SPRING NORTH LTD TRUSTEES. ANNUAL REPORT YEAR ENDED 31 MARCH 2023 Who wo are: Spring North is a member based charitsble company estsblished and incorporated as a company in October 2011 and registered as-a charity in December 2012 and renamed and relaunched in November 2019. The organisations that make up Spring North are drawn from the VCFS across Lancashire. The trustees (who are also the Board of Directors ofthe company) are elected annually by the membership and are nominated by the member organisations themselves. There is also a minimum of two independent non*xecutive directors, one of whom undertakes the role of Chair. How do we meet our vision and values? Provide a structure lo support partnership and multi-agency working across our members in order to deliver commissioned and grant funded ServIS throughout Lancashire and the North Wesl Ensure the provision of effective, quality-assured service delivery lo individuals, families and communities, tendering for contracts and funding on behalf of members Manage contracts and lenders and monitor outputs and outcomes Provide a single point of contact for commissioners and funders Undertake both general and specific research lo identify the needs of local communities and determine appropriate solutions Provide business support and training lo member organisalions that builds their capacity and increases their effectiveness to meet the needs of their beneficiaries Provide neOrkIng opportunities and regular meetings with, and for, members and other stakeholders to encourage collaboration and strategic working Share best practice and enable our members to provide innovative solutions lo meet local need Facilitate communication between the member organisalions and other stskeholders Gather and share data - pooling knowledge and expertise lo build capacity in the sector, ensure resilience and reduce duplication of provision Provide regular opportunities for member organisations to engage with the broader agenda of He2h and Wellbeing Iransfomialion Why a consortium approach? To enable members to work together in order to apply for lenders and grants that require a range of skills and expertise not found within a single agency To create clusters of expertise and support for organisalions to draw on, whether they offer a specialist or generalist service To develop synergy and added social value by working together - our services delivered across the whole spectrum of he8h and social care to all ages and backgrounds To provide a system for information sharing- access to research findings, safe systems and protocols to promote safeguarding and protect client confidentiality To be used as a vehicle for influence through the size and scope of its membership To reach a wide geography through our neOrk of local member organisations - enabling us to provide service delivery across the whole of Lancashire and the North Wesl, touching thousands of lives To offer diversity of service provision through members, giving greater scope for innovation To maximize the breadth of knowledge, skills and experience contained within the member organisalions and their beneficiaries
SPRING NORTH LTD TRUSTEES. ANNUAL REPORT YEAR ENDED 31 MARCH 2023 Why a consortium approach? Icontinuedl To afford opportunities lo create efficiency savings through the provision of infrastructure support for all members e.g., payroll, HR, workforce development and to broker services. To facilitate cohesive service delivery and encourage more partnership funding bids To provide a platform for accountability and credibility through the provision of quality assured service delivery Ilhrough membership criteria and annual reviews) What do we offer? Spring North offers support to ils member organisations lo deliver - collaboratively a range of inlervenlions in order lo improve emotional, mental and physical health across the life course and across communities. Who do we support? Ultimately the work of Spring North benefits children, families and adults of all ages in the local Communities in Lancashire and the North West. Through the lake-up of both specialist and generalist services provided by members, we are engaging with vulneffible people, assessing their needs (especially physical and emotional health needs) and providing them, through our member organisalions, with advice, guidance and support in accordance with these. Delivery of provision is taking place in some of the most deprived local communities with a focus on vulnerable residents within those communities including.. The long-term unemployed Lone parents Carers and their families Victims of domestic violence People requiring long term care People with disabilities People with mental health needs The homeless Offenders and ex-offenders Young people, including those not in education, employment or training INEETI Older people Minority ethnic groups People affected by substance misuse The Board of Trustees have paid due regard lo guidance issued by the Charity Commission on public benefit in deciding what activities the charity should undertake.
SPRING NORTH LTD TRUSTEES. ANNUAL REPORT YEAR ENDED 31 MARCH 2023 Achievomgnts and pgrformance This has been a year of growth for Spring North in terms of our membership which is now at 190 Independent VCFSE organisalions, in terms of staffing - the team has grown lo 8 members and in terms of commissioning where the organisation has managed 18 contracts and sutF contracts to 56 members. Our membership spans the whole geography of Lancashire and South Cumbria allowing us to roll out support services to a much broader POPLJlalion. This has in turn enabled us lo develop groups of specialist interest including mental heatth, homelessness and an army of community champions providing information and support on a range of health issues. The staffing team includes expertise in IT and marketing as well as training and business development- we now offer a comprehensive market place of support to our members subsequently leading to a sustainable income stream to Spring North for these services. The development of bespoke databases for individual contract monitoring allows us to access real time data on the impact and outputs of our projects. Our success rate in application of lenders lo award has risen to 780/0 and we have greatly extended the diversity of funding sources including Local Authorities, NHS, ICB and LSCFT. In terms of partnership working, Spring North is a leading member of the Lancashire and South Cumbria VCFSE Alliance and represents the sector on a number of ICB strategic groups. The organisation is well connected lo our local slatulory partners through (for example) the Pennine Equity Allian, BWD Health and Well Being Board and the ICP Board Despite the evidential SucsS of the organisalion within the last year, we do not remain complacent and continue lo seek ways to improve our offer to members, lo funders and most importantly lo the populations we serve During this financial year, the Consortium has managed the following contracts.. ARFID Support lo the training facilities for this bespoke Avoidant, Reslriclive Food intake disorder training and ICB lo deliver their reslriclive eating training package with a bespoke booking and reporting system, marketing and promotional material with communications plan 2. Asthma Champions Training developed and signed off by the Clinical Lead for the L&SC Asthma Care Bundle has been rolled out across our LSC Champions network to equip them lo deliver key messages around support and self- management for CYP with asthma. Consequently, allowing us lo create an informed community of voluntary organisations, community ambassadors, parents and families who understand, are better informed and able lo manage their child's asthma at home, however, are able to recognise and escalate care swiftly when necessary. Champions are expected lo engage in.. Consultation- Active exchange of information with communities, where community members advice on planned interventions may be sought, e.g. consulting Community Champions on appropriate, innovative, and effective ways lo engage and deliver key health messages to targeted communities. Participation: Community Champions work and support broader and targeted communities lo co-idenlify problems and implement solutions by empowering and supporting communities and structures lo deliver change. Community Empowemient.. Community Champions consult widely with and involve communities in local heallh-relaled issues and use community structures for service provision, e.g., Community Champions liaise with community members and grassroots organisations lo identify challenges and formulate their own solutions lo challenges, locally owned and feasible lo achieve a more sustained and accessible solution for communities.
SPRING NORTH LTD TRUSTEES. ANNUAL REPORT YEAR ENDED 31 MARCH 2023 3. Bge Yoursolfwebsite Commission from Blackburn with Darwen Borough Council to develop an existing website for children and young people (aged 8-111 and their families, to ensure that they have access to a trusted dieitallonline resource that supports their individual and collective emotional health and wellbeing. Through the dedicated website. staff/professiona15 have a secure platform for sharing learning resources, policies and other documents related to health and wellbeing. Additional supporting work was carried out to fulfil the airred by engaging Wlth PHSE leads and schools, the School Nursing team, parents, children of KS2 age and other professionals working with children across BWD communities 4. Blood Pressure Casefinding serrfice Commission trom Lancashire County Council lo upskill community champions to take blood pressure checks and signpost individuals appropriately into local support based on their presenting needs. Champions opportunistically identify adults over the age of 18 who have not previously been diagnosed with high blood pressure and promptly refer them to their GP following a free of charge blood pressure check lat point of contacll whi151 ensuring easy access to the service through multiple forms of referral (including self- referral) engaging in a mLJltitLJde of community outreach activities targeting hard to reach groups and those living in wards with multiple deprivation. 5. BWD Multiply Commission from Bwd Council to increase numeracy skills and qualifications across Blackburn with Darwen through Innovative engagement sessions, workshops and courses with the opportunity for formal accredited qualifications lo enhance the opportunities available lo local people in gaining employment, supporting childrenlyoung people with homework, and also better use of numeracy in day to day finance and budgeting. Skills learnt can also support practically with routine activities such as baking or DIY elc. 6. Community Champions Commission from Blackburn with Datwen Borough Council from May 2022 until September 2022, to upskill members of the local workforce and communities to share public health messages around Covid infection, household support, energy advice, health and wellbeing support and gambling advice, to aid families lo recover safely following the Covid survive the cost of living crisis, and ensLJre families are slaying happy, healthy and well. 7. Hollday Actlvltles & Food Fund - 81a¢kburn wlth Darwen Commission from Blackburn with Darwen Borough Council lo deliver lo deliver a quality and action packed programme of holiday clubs, incorporating meaningful activities and food to engage children and young people from vulnerable families on Free school meals across the borough. This national funding not only engages CYP'S, and promotes them to be active and healthy, but increases their social opportunities and overall wellbeing. Families benefit from an upskilled youth workforce who can support families with a range of signposting and advi help al the point of need. 8. Holiday Activities & Food Fund - Preston Commission from Lancashire County Council to deliver to deliver a quality and action packed programme of holiday clubs, incorporating meaningful activities and food lo engage children and young people from vulnerable families on Free school meals across Preston. This national funding not only engages CYP'S, and promotes them to be active and healthy, but increases their social opportunities and overall wellbeing. Families benefit from an upskilled youth workforce who can support families with a range of signposting and advi help al the point of need. Healthy Thinking for Me Funding from the Community Foundation lo increase universal advice and awareness raising of eating disorders and body positivity in an aim of reducing numbers of young people developing poor relationships with food and eating disorders, through group programmes and 1. 1 counselling sessions. 10. Kickstart Gateway Provider Funding from the Department for Work and pensions. Spring North facilitated apprenticeship funding and provided training support for the Kickstart scheme to several providers across Lancashire.
SPRING NORTH LTD TRUSTEES. ANNUAL REPORT YEAR ENDED 31 MARCH 2023 11. Healthy Child Programmg Subconlracl from LSCFT Icommissioned from BWD PHI April 2017 - March 2023. To provide support for families of children under 5, emotional health and wellbeing support for teenage young people and improving access lo health services (including the Everybody Centrel. 12. Parent Peer Support Commission from LSC ICB to establish a parent I carer support group in each 'place' across the ICB. Each group being led by an experienced parent Iuser by experience) and qualified emotional health and wellbeing professional. The user by experience supported other parents and earers whose children l young person have any kind of emotional or mentsl health problem. These groups are particularly important for parents with young people in the risk support quadrant as the groups will be supported by CAMHS professionals and will therefore provide access lo advice and support when young people are not actively engaged with CAMHS services and can help identify when circumstances change and a young person may be ready to access CAMHS supporL 13. Peer Support worker5 Commission from LSC ICB to support the County s Initial Response Service centre with a step-down EHWB support provided by 2 practitioners embedded and experienced with social prescribing and loeal knowledge and support to better support clients with impaired mental health continue with positive outcomes for themselves and their families. The team was locally embedded at The Mount in Accrington, and engaged with their clients through a targeted outreach model of delivery, with advocacy and support provided to access signposted support throughout. 14. Pennlne Lancashlre VCF Leadershlp Group Funding from the ICB, April 2018- March 2023. To provide the administrative duties to the VCFSE leadership group. 15. BWD YPF (Blackbum with Darwen Young People's Foundation) This year saw Spring North commence the facilitation of a lead role transforming the former BWD Strategic Youth Alliance into a Young People's Foundation, creating a collaboration across local youth provision through a dedicated steering group of local stakeholders and commissioners, creation of a website and development of marketing and communication resources to initiate the creation of a new body that will provide a vehicle for shared resources and joint project work and lender submissions. This is in the hope of improving servi$ for CYP across the borough and creating a joined-up offer lo support our local families much better. 16. CYP MH ward support- pilots Two separate commissions from LSC ICB to SUPFM)rt ward clients on Children's mental health wards in Blackburn (12 months support), and Blackpool (6 months support) to support young people with a range of on-ward therapeutic support sessions in response to known or emerging needs to reduce anxiety, reduce crisis and conflict, develop coping Strategies and time to tslk through any worries. Outcomes to young people are increased engagement with ward-based counsellors, reduced anxiety and stress on the ward, identified negative thoughts, feelings, and behaviours, develop coping strategies for negative thoughts and behaviour5, Improv progres5, reduced self-harming and suicide intent and reduced barriers to engaging with support on discharge. 17. Other project funding that was received in 2022-23 involved supporting professionals across the health, third and local government sector with training lo upskill through mental health and clinical training, accredited courses around creating a Trauma informed workforce and providing NVQ'S for support staff working with vulnerable members across our communities. Financial review During the year ended 31 March 2023 the charity received total incoming resources of £1,988,900. Costs of £1,933,474 were incurred in connection with the delivery of these projects and core administration, resulting in a surplus of £65,426.
SPRING NORTH LTD TRUSTEES. ANNUAL REPORT YEAR ENDED 31 MARCH 2023 Reserves policy At 31 March 2023 the charity held total funds of £315,904, of which £315,874 were unrestricted in nature. The Trustees originally set a policy of aiming to accumLJlale unrestricted funds which have not been designated for a specific use which are equivalent to six months, of core running expenditure. The trustees consider that reserves at this level WOLJld ensure that. irrespective of future funding they would be able lo continue the charity's current activities and cover core salaries while consideration is given lo ways in which additional funds may be raised. Core running expenditure for the year ended 31 March 2023 amounted to £318,890 Ilotal expenditure of £1,599,373, less payments to service providers of £1,287,985, less member training costs of £500,). As al 31 March 2023 the level of free general reserves was £315,874 which is in line with six months, of core running expenditure. Risk management The main risks facing Spring North include.. 1. Risk - Changes lo local and regional commissioning through re-design of health and social care through the Healthier Lancashire Integrated Care System. North res onse - The organisation has been involved via representation on the programme board and is well positioned lo benefit from the investment in the VCF sector once the system transformation land associated funding) has been approved. 2. Risk - Attracting new and additional funding North res onse Recruitment of Business Development Manager Developing new partnerships to provide innovative project proposals for fvture investment. 3. Risk - Maintaining adequate funding lo support the core costs of the organisalion North res onse - Management costs are agreed for each funding application by the relevant partnership al the outset of the commissionltenderlprojecl and are maintained at an appropriate level to support costs for the lifetime of the project. 4. Risk - Loss of main contracts and associated reputational damage - against escalation of need and vulnerability in Communities North Res nse - Suslainabilily strategy in place to secure future funding, engagement with key partners and transparency on delivery performance. System transformation plans with partners to improve community resilience. The major risks lo which the charity is exposed have been reviewed and adequate systems and procedures have been established to manage such risks. Fundraising We have considered the requirements of the Charities (Protection and Social Investment) Act 2016 regarding disclosures concerning fundraising and fundraising standards and confimi that these do not apply to the charity.
SPRING NORTH LTD TRUSTEES. ANNUAL REPORT YEAR ENDED 31 MARCH 2023 Plans for future periods Spring North will continue to seek funding to deliver services across Lancashire through conlracls, lenders and grant funding. We will encourage new member organisalions (both associate and fulll and will deliver activity according to our objectives. We will provide SLJPPOrt to those members through information sharing on good practice. training and learning opportunities. We will ensLJre that all delivery. support. advice and guidance provided by Spring North is underpinned by quality assured standards. We will work closely with stakeholders and commissioners to ensure fLJlure delivery of activities aligns with local and national strategy. We will seek lo diversify income sOUrS to ensure future sustainability. We will work with other infra-structure organisations to map funding opportunities, design innovative services and deliver worthwhile interventions which will not duplicate current provision. Trustees. responsibilities statement The trustees (who are also the directors of Spring North for the purposes of company lawl are responsible for preparing the Trustees. Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consislenuy, observe the methods and principles in the Charities SORP 2019 IFRS 1021, make judgements and accounting eslimales that are reasonable and prudent, slate whether applicable UK Accounting Standards have been followed, subject lo any material departures disclosed and explained in the financial statements, and prepare the financial ststemenls on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware". there is no relevant audit information of which the charitable company's auditor is unaware,. and the Iruslees have taken all steps that they ought lo have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information Audltor MHA Moore and Smalley is deemed to be re-appointed under section 487121 of the Companies Act 2006. Sioned by order of the trustees L Tapner Trustee 1511212023 Dale.. -10-
SPRING NORTH LTD INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 Opinion We have audited the financial statements of Spring North Ltd Ilhe 'charitable company'l for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes lo the financial stalemenls, including significant accounting policies. The financial reporting framework that has been applied in their preparab'on is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland Iunited Kingdom Generally Accepted Accounting Praclicel. In our opinion the financial statements.. give a true and fair view of the state of the Charitable company's affairs as at 31 March 2023, and of il's incoming resources and application of resources, including ils Income and expenditure, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those stsndards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Stsndard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the Iruslees, use of the going cOnM basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubl on the charitable company's ability to continue as a going concern for a period of at least Ie1ve months from when the financial statements are aulhorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concem are described in the relevant sections of this report. Other information The other information comprises the information included in the trustee's annual report, other than the financial statements and our auditor's report thereon. The Iruslees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except lo the extent otherwise explicitly slated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsislenl with the financial slatemenls, or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstalemenls, we are required lo determine whether this gives rise to a material misstatement in the financial stslemenls themselves. If, based on the work we have performed, we conclude that there Is a material misstalemenl of this other information, we are required to report that fact.
SPRING NORTH LTD INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 We have nothing lo report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Iruslees, report for the financial year for which the financial statements are prepared is consislenl with the financial statements., and the Iruslees, report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in trustees, report. We have nothing to report in respect of the following matters in relation lo which the Companies Act 2006 requires us lo report to you if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us., or the financial statements are not in agreement with the accounting records and returns,. or certain disclosures of directors, remuneration specified by law are not made", or we have not received all the information and explanations we require for our audit., or the Iruslees were not enlilled to prepare the financial statements in accordance with the small companies, regime and take advantage of the small companies, exemption in preparing the trustees, report and from the requirement to prepare a strategic report. Responsibilities of trustees As explained more fully in the trustees, responsibilities statement sel out on page 10, the trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Iruslees determine is necessary lo enable the preparation of financial statements that are free from material misstalemenl, whether due lo fraud or error. In preparing the fi'nancial statements, the trustees are responsible for assessing the charitable company's ability lo continue as a going concern, disclosing, as applicable, matters related lo going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or lo cease operations, or have no realistic alternative but lo do so. Auditor's responsibilities for the audit of tho financial statements Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misstalemenl, whether due lo fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance with ISAS IUKI will always delect a material misstatement when il exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial slatemenls. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. -12-
SPRING NORTH LTD INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below.. Obtaining an understsnding of the legal and regulatory frameworks that the Charity operates in, focusing on those laws and regulations that have had a direct effect on the financial ststemenls. The key laws and regulations we considered in this context relate to the Charities Act. In addition, we consider complian with employee legislation, as fundamental to the Charity's operations., Discussions with management, including consideration of known or suspected instances of non- Complian with laws and regulations and fraud., Enquiry of management and those charged with governance around actual and potential liligalion and claims., Performing audit work over the risk of management override of controls, ineluding testing ofjournal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias", Auditing the risk of fraud in revenue, including through testing of income cut off at the period and through income transaction and proof in total testing, lo provide comfort that revenue is completely slated in the financial statements," and Reviewing minutes of meetings of those charged with governance., and Reviewing financial statement disclosures and testing lo supporting documentation to assess compliance with applicable laws and regulations. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading lo a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely lo become aware of instances of non-compliance. The risk is also greater regarding irregularities oceurring due to fmud rather than error, as fraud involves intentional concealment, foryery, collusion, omission or misrepresentation. A further description of our responsibilities is available on the Financial Reporting Council's website at.. https.'Ilwww.frc.org.uklOur-WorklAuditlAudit-and-assurancelStandards-and-guidancelStandards-and-guidance- for-auditorslAudilors-responsibililies-for-audiUDescriplion-of-auditors-responsibilities-for-audit.aspx. This description forms part of our auditor's report. Use of our report This report is made solely lo the charitable company s members, as a body, in aecordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate lo the charitable company's members those matters we are required to slate to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility lo anyone other than the charitsble company and the charitsble company's members as a body, for our audit work, for this report, or for the opinions we have formed. Nicola Mason {Senior Statutory Auditor) For and on behalf of MHA Moore and Smalloy, Statutory Auditor Richard House Winckley Square Preston PR1 3HP 1911212023 Dale.. -13-
SPRING NORTH LTD STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING THE INCOME AND EXPENDITURE ACCOUNTI YEAR ENDED 31 MARCH 2023 Unrestrlcted funds Restrlcted 2023 2022 funds Total funds Total funds Note Income from: Charitsble activities 1.417.071 224,558 1.641.629 1,562.294 Other income 23.171 23.171 41.758 Total income 1,440,242 224,558 1,664,800 1,604,052 Expenditure on: Charitsble activities 516 1.374.845 224,528 1.599.373 1,560.498 Total expendlture 1,374,845 224,528 1,599,373 1,182,850 Net incomellexpenditurel 65,397 30 65,427 43,554 Transfers between funds Net movement in funds 65.397 30 65.427 43.554 Reconciliation of funds Fund brought forward at 1 April 2022 250.477 250.477 206.923 Funds carrled forward at 31 March 2023 315,874 30 315,904 250,477 The Statement of Financial Activities includes all gains and losses in the year. All of the above amounts relate lo continuing activities. -14-
SPRING NORTH LTD BALANCE SHEET AS AT 31 MARCH 2023 Unrestricted funds Restricted 2023 2022 funds Total funds Total funds Note Current assets Debtors Cash al bank and in hand 360,457 220,394 360,457 220,424 187,339 309,376 30 580.851 30 580,881 496.715 Creditors: amounts falling due within one year 10 {264.9771 1264.977) 1246,2381 Net current assets 315,874 30 315,904 250,477 Totsl assets less current liabilities 315.874 30 315.904 250.477 Funds Designated funds Unrestricted funds 11 30 30 315.874 315.874 250.477 Total funds 315,874 30 315,904 250,477 The notes on pages 17 to 27 form part of these accounts. These accounts were approved by the Trustees on 1511212023 and signed on their behalf by.. L Tapner Trustee Company Registration Number: 07797133 -15-
SPRING NORTH LTD CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 Cash generated from operating activities {88,9521 89,491 Cash provided by investing activities Investment income Increaselldecreasel in cash and cash equivalents in the year {88,9521 89,491 Cash and cash equivalents at the beginning of the year 309,376 219,885 Cash and cash equivalents at the end of the year 220,424 309,376 Reconciliation of net movement in funds to net cash flow from operating activities 2023 2022 Net movement in funds Investment income Decreasellincreasel in debtors (Decreasellincrease in creditors 65,427 43,554 1173,118> 18,739 176.8251 122,762 {88,952) 89,491 -16-
SPRING NORTH LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting policios Legal form The charity constilules a limited company, limited by guarantee as defined by the Companies Act 2006, incorporated in England and Wales. The registered office is as stated on page 1. Basis of accounting The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable In the United Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice. Spring North Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are Initially recognised al historical cost or transaction value unless otherwise slated in the relevant accounting policy notes. Preparation of the accounts on a going concern basis Spring North has not been impacted by earfy termination of contracts, however a couple of contracts finished at the end of the financial year, which supported specifically the homeless population. However, management have been Sussful in securing additional funding lo be able lo maintain these serviTrs. Vwhilst the funding landscape beyond 31 March 2023 is not yel certain, the Board are confident they will be able lo maintain the existing level of income through the continuation of contracts and a positive success rate in funding applications. The Trustees have performed a going concern review and are satisfied the charity has sufficient funds brought forward to cover core salaries and overheads for at least the twelve-month period following approval of the accounts. Therefore, at the lime of approval of the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for al least the twelve-month period following approval of the accounts. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements. Incoming resources Income is recognised when the charity has entitlement to the funds, any performance conditions allached to the item of income have been met, Il is probable that the income will be received, and the amount can be measured reliably. The following specific policies are applied.. Voluntary income is reTrived by way of grants and donations and is Included in full in the Slalement of Financial Activities ISOFAI when reTrivable. Grants where entillemenl is not conditional on the delivery of a specific performance by the charity are recognised when the charity becomes unconditionally entitled lo the grant. Investment income is included when receivable. Contract income is recognised when the contractual obligations have been fulfilled. Vlhere the contract is still In progress, income is recognised to the extent that il has been earned. -17-
SPRING NORTH LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting policios Icontinuod} Fund accountlng Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds ean 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. Resources expended and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. Expenditure on Charitable activities includes the costs of charitable activities undertaken directly to further the purposes of the charity and their associated support costs. Allocation of support costs Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finanTr, personnel, payroll and governance costs which support the charity's activities. These costs have been allocated between expenditure on a basis consistent with the use of resources. 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 al their settlement value. Operating leases Rentals payable are charged on a time basis over the lease term. Judgements and key sources of estlmatlon uncertalnty There have been no significant judgements (apart from those Invo1ng estimates) made in the pro$$ of preparing the financial statements. There have been no key assumptions concerning the future and other key sources of estimation uneertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. -18-
SPRING NORTH LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Incoming resources from eharitable activities Unrestricted funds Restricted funds 2023 Total fijnds 2022 Total funds Income for delivery of services Blackburn with Darwen Borough Council". Beeyourself Website BWD Multiply Project HMO In Reach Officer Pause 4 Thought IP4T} VCFS Phase 2 FTE Uplift Community Ambassadors Personal Navigator Support Community Champions Rough Sleepers Initiative Holiday Activities Fund Blackburn with Darwen Healthy Living 10,000 10,000 74,860 74,860 29,983 17,500 32,322 1,001 81,500 1,330 55,000 74,009 56,300 11,288 44,000 44.000 17,050 17.050 Se Fund.. Workforce MH Training 46,300 46.300 Lancashire Country Council.. Holiday Activities Fund 572,060 572,060 471,852 IRS Peer Support workers 48,761 48,761 Lancashire South Cumbria NHS Foundation Trust.. Healthy Child Programme 88,318 88,318 125,793 IRS Peer Support workers 51,072 51,072 Birmingham City Council.. Slop Loan Sharks 6,300 Community Foundation.. Healthy Thinking for Me 40,120 40,120 NHS.. MH ward- BWD 124,063 124.063 NHS.. MH ward- BFW 36,747 36.747 NHS Wesl Lancashire CCH102GI'. Parent Peer Support 37,000 37.000 Health Education England.. Development of the mental health clinical support workforce. 19,225 19.225 -19-
SPRING NORTH LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Incoming resources from eharitable activities Icontinuedl Unrestricted funds Restricted funds 2022 Total fijnds 2022 Total funds Income for delivery of services NHS England. Health & Wellbeing Fund 137,374 DVVP Resource Management.. Kickslart 84,418 84,418 172,386 NHS Blackpool CCG.. Parity of Esteem Training Programme 50,000 Sustain Food Power.. Feeding Future Generations 1,100 The Football Foundation.. Active Through Football 500 YPF Trust LYP Capacity building project- Spring North 10,000 10.000 NHS Lancashire and South Cumbria ICB IQE11 HMO In-reach 7,035 7,035 Management fee for core services 305,440 25,160 330,600 236,756 1rt17,071 224.558 1.641.629 1,562,294 Included within income from Charitsble activities is unrestricted income of £1,417,07112022.' £1,562,294) and reslricled income of £224,55812022.' £nill. Othgr income Unrestricted funds Re8tricted funds 2023 Total funds 2022 Total funds Miscellaneous Income Service Income 1,576 21,595 1.576 21.595 4.298 37.460 23,171 23,171 41,758 Included within other income is unrestricted income of £23, 171 12022.. £41,758) and restricted income of £nil12022.. £nil}. -20-
SPRING NORTH LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Costs of charitable activities Activities directly undertaken (note 61 Support and governance CO8tS Inote 61 2023 Totsl fund¥ 2022 Totsl funds Genetics Project ARFID Bee Yourself Website BWD Multiply Project Holiday Activities & Food Fund Holiday Activities & Food Fund Preston Healthy Child Programme Perinatal Mental Health Support VCFS Leadership NeOrk Rapid Rehousing Community Ambassadors Feeding Future Generations Active Through Football Stop Loan Sharks BAGS Healthy Thinking for Me Community Champions ED Interventions HEE HMO In Reach Homeless Link IRS Wellbeing Coordinators Kickstart MH ward- BFW MH ward- BWD P4T Recovery Volunteering Rl Champions Parent Peer Support BP Engagement Spring North Hub workfor MH Training 6,620 14,000 34,996 5,000 36,950 49,250 7,160 14.000 34.996 79.860 63.282 630.451 95.477 74,860 26,332 581,201 88,317 116.428 504.555 95.477 10.000 5,000 82,687 99,907 6,699 2,500 6,296 4,298 7,000 3,500 10.500 40,120 42,700 12741 18,750 7,029 7,080 12,000 47,200 54,700 2741 65,500 8,744 60,000 42,476 46,750 1,715 26,250 18,017 51,000 84,388 36,658 110,850 4,125 2,553 13,080 10,436 64,126 53,553 97,468 47,094 174,976 4.125 215,003 43,750 38,686 165,052 36,000 48,836 3,000 6,800 148,8991 26,897 39.000 55.636 148,8991 71.985 4,438 6,359 45,087 1,302,979 296,394 1,599,373 1,560,498 Totsl expenditure Includes £1,374,845 of unrestricted expenditure and £224,528 of reslricled expenditure. -21-
SPRING NORTH LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Costs of charitable activities Icontinuedl Prioryear costs of charitable activitlgs Activities directly undertaken (note 61 Support and governance costs (note 61 2022 Total funds 2021 Total funds Genetics Project VCFS Phase 2 Genetics Oldham Community Action Fund Holiday Activities & Food Fund Holiday Activities & Food Fund Preston Homeless Intensive Support Healthy Child Programme Perinatal Mental Health Support VCFS Leadership NeOrk Rapid Rehousing Community Ambassadors Liaison & Diversion Feeding Future Generations Active Through Football Stop Loan Sharks BAGS Community Champions ED Interventions HMO In Reach Homeless Link Kickstart P4T Recovery Volunteering Rl Champions BP Engagement Spring North Hub 6,620 6,620 13,106 79,376 61,303 2,500 684,000 71,728 471,656 44,700 32,899 116.428 504.555 40,455 95,477 9,000 5,000 65,810 8,200 38,500 13,446 5,000 700 88,316 7,161 10,000 5,000 5,000 19,669 95.477 10.000 5.000 82.687 99.907 77,687 80,238 6,600 500 6,296 4,298 55,000 36,476 26,250 13,000 182,260 23,750 36,758 122,790 99 2,000 6.699 2.500 6.296 4.298 60.000 42.476 26.250 18,017 215,003 43,750 38,686 165,052 4,438 5,000 6,000 5,017 32,743 20,000 1,928 42,262 4,438 6,359 60,977 1,303.604 256.895 1.560.498 1,182,850 -22-
SPRING NORTH LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Costs of charitablo activities analysgd by nature 2023 D1ct costs 2023 Support costs 2022 Direct costs 2022 Support costs Staff costs Payments lo service providers Travel and subsistence Grants lo institutions Activities and spot purchasing Training Meeting costs Marketing Consultancy fees Stationery and consumables Telephone Accommodation Insuran IT Support Bank charges Bad debts Light and Healing Costs Professional fees, finance support & payroll Governance costs- audit and accounts fee 257,406 191,261 17,288 1,519 1,287,985 1,221,907 1,588 6,000 37,096 38,600 8,359 500 2,869 678 833 14,846 13,2801 485 546 10,425 2,908 11,570 254 2,187 13,231 1,534 808 10.440 3.224 11.373 238 40 500 4,693 1,296,844 302,529 1,303,604 256,894 During the year ended 31 March 2023, Nil members were awarded small grants12022." £6,000). Net (incoming)loutgoing resources Net resources are slated after chargingllcreditingl.. 2023 2022 Independent auditors, remuneration.. Audit fee lexclusive of VATI other servi$ (exclusive of VATI 4,500 4,693 -23-
SPRING NORTH LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Analysis of staff costs. trusteo remuneration and expgnses and the cost of key management personngl 2023 2022 Total staff costs were as follows: Wages and salaries Social security costs Pension costs 235.585 17.171 4.378 178,626 10,555 2.080 257,407 191,261 Particulars of employees: The average number of employees during the year was as follows.. 2023 No 2022 No Management Information and administration No employees received emoluments of more than £60,000 during the year 12022.. nill. None of the trustees received any remLJneration during the current or previous year. No travel or related expenses were reimbursed to trustees during the year12022.. £nill. The employee benefits paid lo key management personnel including employer's Nl and employer's pension contributions during the year was £53,64712022". £52,644). Debtors 2023 2022 Other debtors Prepayments 358.605 1.852 185,488 1,852 360.457 187,340 -24-
SPRING NORTH LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 10 Creditors: Amounts falling due within one year 2023 2022 Accruals and deferred income Taxation and other social security Other creditors 264.927 244,655 1.425 158 50 264,977 246,238 Included within creditors falling due within one year is deferred income of £183,841 {2022.' £80,750) relating lo various contracts including The Holiday Activities & Food Fund. 11 Fund movement Brought forward at 1 April Incoming 2022 resources Carried forward at 31 March 2023 Outgoing resources Transfers Unrestricted general funds 250.477 1,440.242 11,374,845) 315.874 Designated funds Small grants Total unrestricted funds 250,477 1,440.242 11.374,8451 315.874 Restrlcted general funds BWD Multiply Project Healthy Thinking for Me Kickstart 79,860 47,200 97,498 179.8601 147,2001 197,4681 30 Total restricted funds 224,558 1225,528) 30 Total funds 250.477 1,664.800 11.599.373) 315.904 -25-
SPRING NORTH LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 11 Fund movement {continugd} Priory9ar fund movgmgnt Brought forward at l April Incoming 2021 resou0$ Carried fonvard at 31 March 2022 Outgoing rgsourcgs Transfers Unrestricted general funds 206,923 1,604,052 (1,560,498) 250,477 Designated funds Small grants Total unrestricted funds 206,923 1,604,052 (1,560,489) 250,477 Restricted general funds Total funds 206,923 1,604,052 (1,560.489) 250,477 12 Financial instruments 2023 2022 Carrying amount of financial assets Debt instruments measured at amortised cost 358,605 185,488 Carrying amount of financial liabilities Measured at amortised cost 1,425 13 Operating lease commitments Al the reporting end date, the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows.. 2023 2022 Within one year Within two to five years Over five years 850 850 850 850 -26-
SPRING NORTH LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 14 Relatod party transactions Representatives, either Senior Employees or Trustees. from some of the member charities sit on the Board of Spring North Ltd. The member organisalions are eligible to sutFcontract and commission work from the consortium. These services are performed under formal contracts which are commissioned as part of an independent tendering process, in which the relevant individuals are not inVoed in discussions regarding their own organisalions. During the year commissioning costs of £1,310,561 12022.. £1,192,675) were paid lo the members of the consortium. 15 Company limited by guarantee The charity is a company limited by guarantee. In the event of the charity being wound up or dissolved, each member undertakes to contribute such amount as is required, not exceeding £10, for payment of any debts or liabilities. -27-