Boldslgn Do¢um•nt ID: Id2140224b044T4fv•ldKWath1gaT27 1 MBRELLA embracing abilities Charity Number 1150203 UMBRELLA DERBY & DERBYSHIRE FINANCIAL STATEMENTS 31 MARCH 2025 Charlty Number 1150203 Company Number 07904108 Bourne & Co 6 Lichfield Street Burton-on-Treut Stsffordglbire DE14 3RD *AECM2YIS• 0611012025 COMPANIES HOUSE #33 8old819n 00￿m￿rtIO. 8d2fa02241)01472&•1dfv3J2adn•*727 | UMBRELLA DERBY & DERBYSIURE FtNANCIAL STATEMENTS 31 MARCH 2025 Content8 Pages Reference and adtDinistrative details T￿￿tee5. rewrt 2ts)8 Report of the IndependeDt Auditors 9toll Statement of Financial Activities 12 Balance Sheet 13to14 Statement of Cash Flows 15 Notes to financial slatements 16to29 oldslgn Documonl ID: Od21•022*ol￿72￿ald￿d2&dI1e472T 1 UMBRELLA DERBY & DERBYSHIRE REFERENCE AND ADMtNISTRATIVE DETA]LS Tbe Board of Trustee51 Directors Nigel Farrow Ruth Pownall )wi¢ Huni Sharon Insull Wayne Cook Richard Vasey Rebecca Sutton Andrew Seymour John Russell Vicky P¢4ling Magali Topley Olivcr MLxwell Patri¢k Welsh Chair Vice Cljair Treasurer Resigned on 17 February 2025 Resigned on 2 Octobcr 2024 Appointed 16 April 2025 Appointed 16 April 2025 Appointcd 18 June 2025 Appointcd 18 June 2025 Chief Executive Laura Bowey (Appointed June 2025) Previously Ann Rowlands MBE (Resigned End May-25) Registered oirrte Umbrella House 64 Birdcage Walk Mackworth DERBY DE22 4LD Statutory Auditor Bourne & Co 6 Lichfield Street Burton-on-Trent DE14 3RD Bankers Barclays Bank pl¢ 22-26 St P¢lcrs Street Derby DEI ISH BoldSl#n DoGun*nt ID: I(Ql•V2￿bOH7s4ldfv3d?adllea72? UMBRELLA DERBY & DERBYSHIRE TRUSTEES, REPORT YEAR ENDED 31 MARCH 2025 The dirKtors who ar¢ also tN5tees bave pleasure in presentin8 their repon and uDauth'ted financial sta*m¢nts of th¢ charity for the year ended 31 Marcb 21r25. Principal activities The principal activity of the cbarity is to advance and support the relief of disabled andlor sick children and young adults and to pron]ote re5earcb and awareness of the related ￿U[sC$ of tr￿ellt of this sector. This 15 in ￿CordanCe with the objects eA)ntainal in MeMOranth￿ and Article5 of Associatio the ¢barity'5 governing document. Direclora The Directors who served during the year ar¢ shown on page l. ClthriL1ble objectives To advance and sUPPOrt ¢harities and clwitable purposes and in particular but without ptejuditt to the generality of tbe foregoing: (l) The relief of th'sabled anthor sick children. (2) The provision of inforn￿tiOn to or for the beDefit of disabled andlor sick Children. {3) The provision (and assisting ID the provision) of facilities. equipment and amenities for the treatment or welfare of th'sabled andlor sick children. (4) The relief in Cases of financial nee4 hardship or distress of disabled or sick cbildren and of their relatives. (5) Tr promotion of research into the causes aod treatment of disabled andlor sick children and the publication of the results thereof. Umbrella is a registered cbarity supporting cbildren and young people with th'sabilities and their families who live in Southern Derbysbire. The followin8 sUm[D￿se$ our services and achievements. BoldSl9n Documonl ID: 8d21A0224lA14472&•ld&3dknthoaT UMBRELLA DERBY & DERBYSHIRE TRUSTEES REPORT YEAR ENDED 31 KIRCH 2025 ACHIEVEMENTS AIYD PERFORMANCE CHAIR, RT A momentous year! Our much-loved Chief Executive. Ann RowlaDds, announced ber retirement after 29 years with Umbrella. r¢tiriDg ID tbe SUn￿Der of 2025. We appointed a very worthy su￿esS0r - Laurd Bowey - wbo is only our third cbief Executive since Umbrella was founded ID 1986. Laura briDgs a wealth of experience to th¢ role. in particular. sbe will help us to make better us¢ of trchnology to continue to effectively deliver higb quality services. Demand for our services continues to gmw. given tbe budget pressures within our two lo¢al authoritiés and the NHS - we deliver services to over 2,000 families eacb year. Over tbe last year we have started an 'Early In*rveDtion' service to empower parents aDd carers around the titne of diagnosis - giving iDfOrn￿ti0￿ advice and support to parents and carers is part of the DNA of Umbrella. Thanks to the hard work, skill and d¢dic&ion of our Staff. Voluoteers and Trustees we ¢ontiDU¢ to make a real difference io the lives of local pareD￿ra￿[S and disabled young adult& young people and cbildr¢n. Our work is appr￿lated. 11 a greai day io spend with Ihefamiiy and olhers who are neumdivergenl. 11 was lovety Éofeelpart ofa community ofpeople. The children had a new ￿perienCe and all were very happy and tired. The Umbrella leam were very supportive and caring. In view ofall Ihefamity worries al Ihe momenl it was a blessing Accessing Ihe Umbrella play scheme WQf easy and ihe stsff are greal. My daughler Ihoroughly enjoyed her day lrips oul and ploying al Ihe umbrella house. Having aCC￿S lo Ihis was atremely helpfulfor me lo umvlnd and do Ihings Ihat are diffi¢ull when Im carlngfor Zfyll lime. The scheme is greal and haf been a good wayfor Z lo meetpeople in Ihe holiday season. I realty enjoy allending Youlh Club. I really like Ihe aclivldes thal are pul on, and meeling up wilh friends l allended the supporl group in Duffield I￿1 week ihe artivl ￿lS wilh w. it was on amazing &rperience. The saysion was amazing. il way so effective il helped ME a huge corner in my emotional heallh I would like Éo ihankyou againfor organising such a wonderful eventfor all the Umbrella carers. il w such a relaxing environment lo participale in wilh such enlightening aclivilies ond molivaling speakers who have endured such slruggles in raising their loved ones in such cknllenging circumslanc&¥ C kas really benefitedfrom accessing ihe Umbrella Holiday octivity andfoodplayscheme....Ihe leam al Umbrella have worked so hard lo help settle him in. showing genuine inleresl in whal ke eryoys and making sure hefeels included. For me, il also provides much-needed respile. knowing he is happy, safe, and engaged in aclivilies Ihal support his confidence and independence. At this AGM Ruth Pownall and SbaroD Insull will be stepping thjwn from the Tn￿tee group - Ruth is a forn employee. friend of Umbrella and TTr￿tee since 2008. Slwon has been a Trustec since 2017. 1 would like to thank them both for their invaluable servi¢¢ over th¢ y¢ar5. Both will be missed Boldslgn Down￿1 ID: •d21a0224bl)4472&41d￿d2adIIQ4727 1 UMBRELLA DERBY & DERBYSHIRE TRUSTEES REPORT YEAR ENDED 31 MARCH 202S Next year w¢ wÈll be rxlebrdting our 40 anniversary. The outlook is GI￿11¢ll￿￿ but I have ev￿ LX)nfidence that we will continue to thrive providing invaluable services to disabled childw young people. young adults their parents. and carers. Nigel Farrow Chair Boldsty Oowm•nl ID: Od2fatrthibOH7Sa1d94d2adn•4T27 1 UMBRELLA DERBY & DERBYSHIRE TRUSTEES REPORT YEAR ENDED 31 MARCH 2025 LIC BENE Umbr¢lla provides support to disabled Childre￿ yOUDg adults, and their families within the Southern Derbyshire catchment area. The support and activities provid￿ are Government fund￿ via Lo¢al Governtnent and Health or funded from iDdepeDdent grants andlor donations. The services and activities provided are open to all disabled children and tbeir families. subjLXt to availability. funth'Dg and funder L￿ndItionS. In praai¢¢, due to the wide rang¢ of disabilities supported, some activitie5 are more appropriate for some children than other5. Our Care Quality Commission (CQC) allow5 Umbrella io support cbildren and youn8 adults with ompl¢x n¢eds in their own hom¢s. Our services rely extensively oll our team of volunteers. The volunteer service plays aD important part in the personal development of the adults who form our volullt¢¢r pool. Umbrella Derby & Ikrbyshir¢ Limit¢d continually striv¢s to C￿end its services aDd activities. These new activities are initially funded from public or corporate donatioDS, and our own reserv¢s. As the new services become cstablisbed we progressively seek to obtsin mainslrcam fiADdiD8 contracts to continue the service. FllYAN IAL RE￿w We are pleased to preseot the financial statements for the year. Showing a final nel income of £58k achieved for the financial period and £90k of net income ex¢luth'n8 depreciation. The ￿sU11 is a considered another fantastic, hard-earned acbievement. given continu¢d difficult economi¢ conditions and the cK>st of living strugBles experienced by many. and most notably charitable organisations. This year 15 the first tbat we hove required a statutory fmancial stat¢meDt audit. due to tbe increase ID income over the £ Im statutory audit threshold during the period. arising from growtb in earned income as shown in note 3. Our balance sheet remains strong with totsl net assets'of £545k, whicb iticludes our owned registered office, Umbrella House, as our ll￿1￿ asget. Overall, tbere was a £82k increase (34.1 %) in net curreni a￿ts compared to 31 March 2024. including a strong cash balance of £332k plus £1 I Ik of invoiced and ￿cOVerable debtors, both increased over prior year due to the increase in earned income. Payroll costs rernained a significant proportion of our total Costs. increasing a further 12.10/0 year OD year. as sbown in Dote 8, given the nature of our charitable activities. For a number of our support services, Lncal Authority fi￿dillg continues to be insufficient to cover the riSiDg costs ornU￿1Dg thes¢ and therefore we ar¢ reliant OD additional fundraising to meet the fiLll costs of provith'Dg su¢b services. We arc cxtrcmely fortunate to continue to have a strong ne￿ork of supporters aThd advocates of UmbrellA wbo work tirelessly to assist in raising additional funds to Supplement OUT existing incomc streams. Such donations during the period bave helped to cover additional payroll c05t5 arising due to gtaiutory National Living and Minimum Wage increases, plus the ability (o withstand other gcneral cost An¢reases and ellSU￿ the continuity or our clubs and servi¢¢ offerings. Boldslgn l>o¢um•nt ID: 8d21a0224bO44ftrA1•JMth2ad11oA727 | UMBRELLA DERBY & DERBYSIIIRE TRUSTEES REPORT YEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW continu As a result of generous donation5 and legacies received in the period, we ar¢ very fortUDat¢ to be able to keep a strong l¢vel of additional unr¢stri¢t¢d reserves goiDS iD¢O 2025126, wbicb looks set to be another di￿l¢U1t year for both cbarities and businesses. Reserves Polley The company's reserves policy is to bold 3 months expenditwe in general reserves. This currently equates to alK)Ut £250k. The Tn￿￿e$ are sausfied that, as at 31 March 2025. sufficient general. unrestricted reserves are held in line with the policy. ANS FOR FUTURE PEIUOD Given tbe continued high ￿$1 base associated witb providing our services and the increase of such ongoin8 into the next fiuancial year, our aim for 2025126 again is to breakeVe￿ after depreciation. The financial resu]t of our charity remains highly dependant on some factors outside of our control. such as political polic¢5 regarding IA)cal Authority funth'Dg and Nauonal Living Wage increases. We elldeovour to keep Costs witbiD our control to a Minim￿ whilst retsiniD8 a focus on thc quality of the delivery of our service5 and in tbe best inkrests of our employees and volunteers. as well as identifyin8 further funth'ng opporlunities and maximisin8 the delivery ofcbargeable services. For 2025126, tbere are fiwtber payroll ¢ost jDcreases io be incurred due to additional National Living end Minimum wage rise% alongside a 1.2% increase in. Employers NatioDa] tn5urance and a rethiction in the applicable tI￿e8￿01ds. all effective fiom April 2025 a￿1 which will bave a sigwficant impact on both net incom¢ and casb flow. We are Continuing to iDV¢St in our technology reSoUr￿S to assist with more effi¢i¢nL Streamlined processes and procedures. Furtber. more general, cost increases are exprxted in running our opeMions therefore the 8¢Deral reserves carried forwar4 arising from the profit acbieved in 2024125. will assisi with nuintaining the financial stability of our charity. as well as allowin8 US to invest fiwther iDlo the suppon and well-b¢in8 of our much appreciated employees and volunteers. Bolds1￿ Docum•nt ID: 8rf2latr42v•b04472fv•1dfv3d2ad11•a727 | UMBRELLA DERBY & DERBYSHIRE TRUSTEES REPORT YEAR ENDED 31 MARCH 2025 STRUCTURE GOVERN CE AND MANAGEMENT The cknity was inilially established on 26 April 1988 and registered as a charity on l De¢ember1988. registered clwity Dumber 71KJ884. Since April 2013. it b&$ been operating &$ a Company Limited by Guarantee (Company no 07904108, Charity no 1150203) and operales from the Registered Office. which is Umbrella HO￿e. 64 Birdcage Walk. De￿y. DE22 4LD. The cTrwity is governed by its constitution as Amended on 12 June IWI. There have been no . fijrther amendments since that date. OryADliatlonal Slruetllre The clwity 15 rn￿￿ged by the board of directoryjtsvstees. The boArd of directors has given limited powers to the Chief Executive. who ryrts formally to the board through rcgulat board me£tings and ￿MMUniCatiOns. Po]Ides and proee4luM for lftduedon and tr*lDAng of tru8tee8 We provide an in PC1￿ and onlinc induction and training pro8ramme for direCtor￿trUstee9 to eL8ure they are fully prepared for their roles. Rl8k Mltlgatlom Poli¢y Where appropriate, systenL8 or proccdurc5 estsblished to mitigate the risks the charity The risk register 1$ re8ularly reviewed and re&ssessed in line with str&tegie and e¢onomic developments, alongside the business plan. The significant cxternal risks lo fuDdin8 are an on80ing issue that is continU￿Y monitored with also a view to diversificatson of fimding source5 and actsvities. Inlernal control risks are minimised by the implementation of procedures for authorisation of all transactions and proj¢cL8. Procedures are in place to ensure compliance with all statutory obh8ations (such &$ H￿1th and Safety. Human Resources. safcguardAnB, DBS checks eic) for all staff, volunteers. clients and visitors to the charity where considered applicable. alongside the required insurance policies. Pay Poucy for Key Management Personnel The Trustees of Umbrella Derby & Derbysbire set the pay structuff of the senior managemeDI tum via a review undertaken by a RemuneratlOD Pallel wmprising of three mell)bets of the Board. Independent Auditor Bourne & Co. are re-elected as auditor at the AGM. e•ld8lgn Documpnt ID: 8d210022va1ffj4472&•1dMd24Jn•a727 UMBRELLA DERBY & DERBYSHIRE TRUSTEES REPORT YEAR ENDED 31 MARCH 2025 STRUCTURE GOVERNANCE AND MANAGEMENT Contlnued The trustees {who are also the directors of Umbrella Derby & Derbyshire for the putposes of company law) are responsible for preparing the Report of the Tru5te¢s and the fiDancial statcments in ar¢ordaDce with applicable law and United Kingdom Accounting Standards (UThitd Kingdom Generally ALxept¢d Accounting Practice). Company law require5 the trustees to prepare financial sWem¢nts for ¢acb fiDancial year which give a true and fair view of the state of affairs of the cbaritsble company and of th¢ incoming resources and applicats'oo of resources. including the income and expenth'ture. of the cbaritable rx)mpany for that period. ID preparing those fllkW￿Ral statements. the trustees are rffjuired to - select 5Uitablc accounting policics aJMJ then apply them coL8isl¢ntly. - observe thc mcthods and principles in th¢ Cbarity SORP. - make jud8emen(s and estimates that arc r¢asoDablc and prudent. - state whether appIl￿b]e acwuntin8 swid￿d$ hav¢ been followempanies Act 2006 requitts us to report lo you if, in our opinion: - adequate acKountin8 records bave not been kept or rellmis adequate for our audit bave not bpxn r￿clY¢d from brdnth¢5 not visi*d by us; or - the fill￿la1 slateinents are not in agrttm¢nt with th¢ a¢L￿ll￿ting records and returns: or - Certain di5c105ures of trustees. remulleTation spe¢i6ed by law are not made. or - we have Doi received all the infonnatiOD and ¢xplanatiODS we requi￿ for our audit. Responsibknies of trustees As explained more fully ID the Statement of Tru5tees' Responsi￿111tie8, the trustees (who are also the director5 of the cbaritable company for tb¢ purposes of company law) are responsible for the preparation of the fmancia] stalements and for beiDg salisfied that they ￿ve a true and fair view. and for sucb internal Control as the In￿teeS deterniine is Dettswy to ¢nable the preparation offinancial stat¢m¢Dts that are free from material misstalemeni wbether due to fraud or error. In prepariD8 the financia] statements. the truslees are responsi￿lle for a55essing the charithble compan￿5 ability to continue as a going concenL disclosing. a8 applicable. matters related to going concern and using thc 801118 concern basis of accounting unlc55 thc trustccs cithcr intend ¢0 liquidate the ¢baritabl¢ company or to cease operatiOD4 or have no realistic alternative but to do so. Our responslbijities for the aud51 of ihe flnaDckn] slalemenlj Our objectives are to obtain reasonable assurdnce about whether tb¢ fmancial statements as a whole are free from mat¢rial mi5Statement. whether due to fraud or ¢rror. and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a higb level of assurdnc¢. but is llot a guardntee that an audit onducted in accordancc with ISAS (UK) will always ddc£t a material m1sstaten￿t when it exists. Misstatemenis can arig¢ from fraud or enDr and are Considered material if. individually or in the aggregate, they could reasonably be expected io inllueace the economic decisions of user5 taken on th¢ basis of these financial Statement5. The extent to which our procedures are ￿pable ofddecting irffgulariti¢8 including fraud is detsil¢d io Boldslqn Ilocum•ni10.. 8d21A0224b044f2fv•1dMd20th1•a727 UMBRELLA DERBY & DERBYSHIRE REPORT OF THE INDEPENDENf AUDITORS TO THE TRUSTEES YEAR ENDED 31 MARCH 2025 below: - Discussions and correspoDdeDce with managemenL including known or suspected iDStances of non-compliance with laws and regulations and fraud - Reviewing nominal I￿ger traDSactiODS with particular emphasi5 OD journal entries posted by management - Being a]ert througboui our work for aDything ¢OD5idered unusual by virtue of size or nature. Because of tbe inberent limitations of an audit. there is a risk that we will not de*£t all irregularities. including those l¢adiD8 to a malerial mi55tatement in the fiDaDcial slatemellts or non•con)pliance witb re8ulation, This risk iDcrcases the more thal compliance with a law or regulation is removed from the evcnts and transactions reflected in the financial statement4 as we wiu bc less likely to become aware of instances of noDl)4472&a1d￿3d2OdN•￿T27 UMBRELLA DERBY & DERBYSHIRE STATEME￿ OF FINANCIAL ACTIVtTIES (INCORPORATING INCO￿￿ &EXPENDrruRE ACCOUNT) YEAR ENDED 31 hl4RCH 2025 Unrestricted Funds Restricted Funds Total FuDds 2025 Totsl Funds 2024 Note COME Donations and ￿g￿leS Charithble Activities Other trading Activities Invesmient Income Other income 75,789 619.531 48.083 4.085 1.873 18.490 296.995 225 94279 916.526 48.308 4,085 1.873 108.447 746.963 36.140 3,777 5.670 TOTAL COME 749.361 315.710 1,065.071 900.997 EXPEND￿uRE Cbarithble A¢tiviti¢$ 696.265 310.083 1.006J48 -891.035 TOTAL ExPEND￿URE 696.265 310,083 1.006.348 -891.035 IYET GAINSI(LOSSES) ON llYVESTMENTS 80 80 148 NET INCOMINGI(oirrGOING) RESOURCESINET INCOMEI(EXPENDrruRE) BEFORE TRANSFERS 53.176 5.627 58.803 10.110 Transfers Between Funds 14 4,623 (4.623) NET MOVEMENT lly FUNDS FOR THE YEAR 57.799 1.004 58.803 10,110 Totsl fuDd BaIan¢es at l AprAI 2(r24 328,036 158.743 486,779 476,669 TOTAL FUND BALANCES AT 31 MARCH 2025 385,835 159.747 545,582 486.779 Tbe notes on pages 16 to 29 forni part of the fiDancial statements 12 Boldslin Oo¢um•nt ID: 8d21•0224b044Ta￿1dmd2ad11O472? UMBRELLA DERBY & DERBYSHIRE BALANCE SHEET AT 31 MARCH 2025 2025 2024 Note Fixed Assets Tangible Assets io 220,732 244J07 Currenl Assets InvesttDents 6I88 95,079 299,953 401,920 Debtors Cash at Bank and in Hand 12 117,611 332.756 4S7J35 Creditors: amounls falling due within one year 13 (132.485 (159.648 Net CurreDt Assets 324050 242,272 Total assets less current IAabilitie8 545,582 48A779 Net Assets 545J82 48Q779 Funds Unrestricted Designated Funds Staff redundancy ProvisioD txgacy FuDd Other Charithble Funds General Reserves Restricted 15 12Q503 9Q616 2S161 15 16 2S9J32 159,747 20Q259 15&743 Total Charity Funds 17 545W2 48Q779 The Dotes on pages 16 to 29 fonn part of the fmaDcial statements 13 Bold8bon Do¢um•nl10: 8d21a0224b04472h1dW2a¢mo•n7 1 UMBRELLA DERBY & DERBYSHIRE BALANCE SHEET AT 31 MARCH 2025 Directors, responsibilities: (i) The directors acknowledge their responsibilities for Complying with the requirements of the Companies Act with respect to the accounting reu)rds and the preparation of accounts. These accounts have been prepared in ￿COrdanCe with the provisions applicable to small companies subject to the small companies regime and in aC￿rdaDcc with FRS102 SORP. The￿ financial stat¢m¢nt$ were approved and autborised for issue by tbe Trustees on 17 September 2025 and are si8￿d OD their bebalf by: Nigel Farrow Chair of Trustees Registered Number (17904108 14 Bold8lgn Docum¢nl ID: 8d21411224111144T&•1¢J94d2adf1•a727 UMBRELLA DERBY & DERBYSHIRE STATE￿NT OF CASH FLOWS AT 31 MARCH 2025 2025 2024 Note Casb Inflow￿(o￿t￿oW5} from operaliDg activiti Cash generated from operations 22 3Q406 120A96 InvostiDg activities Purchase of taDgJbl¢ fixed assets (7.688) 4.085 (2,681) 3,777 Intercst received Net cash provided by investiDg activities Net increasel(dttrea8e) in tash and ca$h equivalents 3.603 32.803 121.592 C4sb and Cash equival¢Dts at beginning of year 299.953 178.361 Cash and cash equivalents ai end of year 332,756 299,953 Casb at bank and in band Net casb aDd ¢a$h equiyalenl 332.756 299 953 332,756 299,953 15 Boldslgn O¢>Gurnont ID: 8d*ao224b044T2￿Id￿￿28￿•thTh7 | UMBRELLA DERBY & DERBYSHIRE NOTES TO FtNANCIAL STATEMENTS YEAR EIYDED 31 MARCH 2025 Accounting policies The principal accounting policies adopted judgements and key sources of estimation uncertainty ID the preparation of the financial statements are as follows: Basis ofpreparation Basis of actounting Thcse account5 have beeo prep￿ed under the h)'storical r￿st conventioD with iten recogDised at cost or transaction value unless othmvise stated in the r¢levaDt note(s) to these accounts. The accounts have been prepared in accordance with: tbe Ststement of Reconllt￿￿ed Practice: Accountin8 and R¢ponin8 by Cbarities preparing their a￿ount5 in accordaDC¢ with the Financial Reporting Standard applicable in thc UK and Republic of Ireland (FRS 102) issued on 16 July 2014 (as updat¢d througb Bulletin I published on 2 February 2016) and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) aDd with the Cbarities Act 2011. The charity ¢ODSlltul¢s a public benefit entity as defllxd by FRS 102. The account5 ar¢ prepared in 5t¢rliD& which is the funrtiODal cumcy of the company. Monetary amoullts in these financial statements are roulld￿ to the n&grest £. The accounts of umb￿ Ua Dcrby & Ikrbyshire are prepared in accordance with FRS 102. The FiDaDGial Reporting Standard applirAblc in the UK and Republic of Ireland. Income recoEnition policiei liems of income are reco8wsed and iDcluded in the a¢￿Ullts wben all of the followin8 crileria are mel: the clwity ba5 entitlement to tbe funds; any perfornwice ¢ooditions arrached to the item(s) of in¢ome bave been met or are fully within the CODtrol of the cbarity; there is sufficient certainty tbat receipt of the income is considered probable; and the amount can b¢ nKasur¢d reliably. For legacies. entitlement is tsken as the earlier of: the date on which the cbarity is aware that probate bas been granted; the estate bas been finalised and notifjcation bas been made by the executorfs) to the Tntst that a distribution will be made; or when a distyibuuon is rettived from th¢ estate. Receipt of a legacy, in wbole or in pa¢ is OD]y considered probablc wb¢n the amount can be measured reliably and the cbarity bas been noufied of the exxutor's intention to make a distribution. Where legacies bave been notified to the cbatity. or the charity is aware of the 8faDting of probate. and the cri*ria for income recA•gnition bave not been mel then the legacy is tr¢at¢d as a ¢onting¢nt a$￿t and disclosed if m&erial. Income received in adva￿¢ or provision of other Specifi￿ $￿VIceS are deferred until the criteria for income recognition are met. 16 Boldsfgn ljocumgnt10: od2100224b04472&a1d￿d2•dll￿727 UMBRELLA DERBY & DERBYSHIRE NOTES TO Flly￿CIAL STATETr￿￿TS YEAR ENDED 31 MARCH 2025 Accounting policies continucd DoDaied servicu and facilities DoDated serviccs or facilities are recognised as income when the ebarity bas control over the Ite￿ any conditions associalcd with the donat¢d I￿rn have been mcl, the receipt of onomic benefit from the use by the charity of the item is probable aDd that economic benefit ¢an be measured reliably. On rec£ipt, donated servitts and facilities are r￿o8D1sed on the basis of the value of the gift to the charity which is the amount the charity would have been willing lo pay to obtaiD service5 or facilities of ¢quivalellt benefit OD the open market; a correspondin8 amount is then rcco8nised in expendittwe in the period of receipi. Interest receiv8bk Interest on funds held on deposit is included wben rettivabl¢ and tbe amount caD be measured reliably by the charity. tbis is nornially UPOD notification of the interest wd or payable by the Bank. Fund ac¢ountSng . Unrestricted fimds are available to spend on activities that fiffther any of the purposes of the charity. DesigDa*d fimds are UDrestri¢*d funds of tbe cbarity which the trustees have decided at their d1￿Ction to set aside for use for a specific purpose. Restricted funds are donations which the doDor bas specifj¢d a￿ to be solely used for particular areas of the cbarity's work or for specific projxty undertaken by tb¢ charity. Expendlture aDd irrecoverable VAT Expendittre is rttognised once there is a legal or ￿nStructive obligation to make a payment to a third party. it is probable that settlement will be required and the amount or the obligation cao be measured reliably. Expenditure is classified under the following tivity beadlngs: ExpeDditure on charitabl¢ activities includes the costs Undertaken to fifftber the purposes of the cbarity and their associatcd support cost5. Other exp¢nth'ttwe represeDts tbose items not fallin8 Anw any other headin8. Itrecoverable VAT is cbarged as a cost against the activity for which the expenditure was incurred. 17 BoldSlgTh Ilownwit ID: 8d2f•0224b044Tlfj41dMd2adn•a727 UMBRELLA DERBY & DERBYSHIRE NOTES TO FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 Accounting policies continued g. Tangible fixed assets Individual fixed assets cA)sting £l.000 or more are witalised at ¢ost and aK depreciated over their esti￿￿ted usefu] economic lives oll a 5traigbt IiDe basis a5 follows:. Assei Group Cv4Pitalisation Land & Buildings, including fees etc At Original cost Refurbishment. including professional At Original cost fees Equipment for new Building rr equipment Office Equipment L¢as¢hold In)prov¢meDts Depreciation (Yearn) 25 years 5 years At Original c05t At Original cost At Original cost At Original c05t 3 years 3 years 5 years 40 years Debtor5 Trade and other debtors are recognised at the settlement amount thie. Prepayments are valued * the amount prepaid after taking arKouDt of any trade discounts due. Cash al bank and In hand Cash at bank and casb ID band includes casb and sbort tern bigbly liquid investments with a short ma¢urity of three months or less from the date of acquisiuoo or opening of the deposit or similar account. Creditors and provisions Cred1.￿r$ and provisions are recogniscd where th¢ charity has a present obligation resu]ting from a past event that will probably result in the transfer of fimds to a third paty and the amount duc to settle the obligation can be measured or ¢stimated reliably. Creth'tors and provisioDS are nornMlly recognised at their settlemeot amount after allowin8 for any wade di3￿Unt9 due. Flnanclal Initrurnenls The charity only bas financial assets ond financial liabilities of a kind that qua]ify as basic financial iDstrumeDts. Basic f)Dancial instruments are initially recL)gDised at traD5ttction value and subsequently measured at their settlement value. Penslon costs Tr cbariry operates a deflned ¢ontnl)ution peDSiOn scheme for employees. Th¢ ass¢ts ar¢ held separately froni those of the clwity. The annual contributions payable are Charged to the statement of finallcial activities. These costs reflect the number of members in the scheme. Investments Jnvestm¢nts are stated at market valu¢ at the balaDce sbeet date. The SOFA includes those unrea]ised gain5 and losses arisiD8 from the revaluation of the investtnent portfolio at the balance sheet date. 18 Bol¢lSl9n Do¢um•n¢ 10.. 8d21A022ryAlJ044ftha1d93J2ad11￿7Z7 UMBRELLA DERBY & DERBYSHIRE IYOTES TO FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 Total Funds 2025 Total Fund8 2024 Uthre8trl¢te41 Restrkted Fundj Funds Donatio￿ & Legacies Donations Le8acy 05.789 18.49) 84.279 108.447 75.789 108.447 Year EDded 31 March 2024 Charltsbk Attivitie Grant￿ tncome Receivable from Dethy City Council contract Earned income Big iA)ttery Children in Need Garfield Weston Arts Council The Hclen Jeall Cope Charity St Janr5 Placc M&sonic Charitable Foundation Commwiity Action Dethy Mencap Souter Charilable Tnjst The John Horseman Trust Vernon Robert Bowmer Happy Day5 Charity The Bailey Thomas Charity HeTry Smith Charity Toyota Places for People Hilton P￿ISh Coll￿11 104.420 515.111 3.OLN) 107.420 515.111 146.022 15.iJ)O 25.lYJO 85.970 474.815 119.537 12.500 6.253 672 I,￿0 146,022 15.0(X) 25.000 10.000 28.374 10.000 28.374 19,138 30.863 1,581 2.000 5.000 10,000 30,863 1.581 2.000 5.000 10.000 15,366 2.712 1.000 S.￿0 1.500 3.000 10.833 4,0(X) I,o(K) .322 3,000 10,833 4.000 1.000 1,322 619 531 296 995 916 526 Year Ended 31 Mareb 2024 555 285 191678 19 Bo￿18￿ l>o¢um•nl ID: 8d21011224boty4￿ld&3d2ad11M727 | UMBRELLA DERBY & DERBYSHIRE NOTES TO FINANCIAL STATEMEIYTS YEAR ENDED 31 MARCH 2025 Unrestrleted Funds Re8trl¢te d Fund8 Totsl Fllnds 2025 Totsl Funds 2024 Other Trading Actfivltles Event I Club Income Fundraisin8 Oth¢T 38.367 6,121 3,595 38J67 6J46 3.595 30.202 2.998 2,940 225 48.083 225 36.140 Year EDd¢d 31 March 2024 io Investment Income Bank tnterest receivable Dividend Incorne 3.815 270 3,815 270 3.524 253 Year Ended 31 March 2024 Other Ineome Rental income Year Ended 31 Mar¢h 2024 5.670 20 UMBRELLA DERBY & DERBYSHIRE NOTES TO FINANCL4L STATEMENrs YEAR ENDED 31 MARCH 2025 7. Pyvll C05tof 5D14S Tr￿*1& xcomfr￿Oknt￿)fi 103,265 319,939 972 336 2,352 4410 1,691 6,852 ar>2,199 ID,Jd? 80 10,063 11,2E6 9.729 4.078 11146 714,733 16,6J6 16,574 14m4 593 12.631 11.?4J 14.U7 1,270 730 9,S31 14,IYB 534 474 5.9Ji 3.146 2,070 J,305 ?MD 17P 574 S12 xo iz 17.H5 14212 17,7 136 -2I461 R•p•lr&M•lnt•n•n Phone &0[￿l￿nd Utl s$ Is> 3,412 $51 14,091 3.710 9,511 3.721 9.511 U2 R•nt+ R•t•s Inwran rnputw& ITW Gen•rnlAdmln FIDènc• + bartchDr Photocto W4rtiXlA￿Pr￿rnD1s)N1 170 569 10,199 14.631 310 i¢JJ• 14919 7,939 9.417 5A31 I4.￿9 70 52 453 579 4,872 1,76D lJ,922 5.871 5,725 JA72 7,7•7 11025 5.•71 7,747 I,S73 7,fK72 I￿2 I,ioJ Prfnrh& Poblry•& St•Yonery TnlDI ddeb Stiff •nt•pt•lnrn•rt& A•fr•ihm*nt Oth•r% E1500P.A Lwn*degulprn•nt 157 2,541 1.771 4.559 399 796 1,4X* 401 359 196 1>) iii 226 591 eyndllUT• 174115 5.751 rthrhi•d SSJ73 JIIOJ? 23.140 32*4 49,451 .215 22.lJJ -21,1)) Oewecthlon 129 21,939 9,347 7L031 9,432 3L163 35,282 YQTAL$yrplu￿10*r￿ 171 117 r*J 21 B•ldSlgn 0￿m•nI ID: 8d2l4o224l￿72fj￿Id￿d2adll••yI7 1 UMBRELLA DERBY & DERBYSHIRE NOTES TO FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 2024-25 2023-24 & AggregAte PAyroll costs were:_ Wages & Salaries Social security costs Pension costs Benefits in Kind 754.518 36230 14,481 50 668.168 38,212 12.303 50 805279 7l8.733 No ¢D)ployee5 earDed ll￿re than £60.0(N) in the year. None of the trustees recKived remuDeration during the year. Trustee travel expenses during th¢ year totalled £nil (2024: th'1). The k¢y managetneDt perSoD￿l of the charity, comprise the Tntste£s, the chiefEx￿tiVc Officer and Finance Officer. The total employee benefits of th¢ k¢y tDana8¢ment p¢r50nnel of the charity was £732￿ {2024: £64,763). ParticuJ*rJ of employees The avernge bead ￿Ull( of staff employed by th¢ charity thwing the financial year amounred ¢0 2024-25 2023-24 Management Staff Administrdtive Staff Chatitable staff - CA)ntractedlholidays (Activity s￿F￿rt Worker) Chatitable staff- (Co-ordinators and Family Support) 38 39 10 56 56 6 (202A: 6) of the above are full time Th¢ av¢rdge fu114ime equivalent is as follows: . Mgnagemenl staff Administrative staff Charitable staff- Contractedtholidays (Acllvity Worker) Charitable stsff- (Co-orthnators and Family Suppoll) 15.4 16.6 6.8 27.4 28.1 22 8oldSlgn Do¢UM￿l ID: Id2lathbo4472&41d￿3d?•th0q727 UMBRELLA DERBY & DERBYSHtRE NOTES TO FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 9. OperaliDg surplu81(deficit) The Owdting surplu51{defi¢it) is stated after charwg: _ 2024-25 2023-24 Depreciation Auditor'5.remunerdtionlExaminers remuneration (incl VAD 31,463 6.600 35.282 1.3(K) 10. Tangible Flxed Asxts Offi¢e 2024-25 Build￿￿5 Refutbishtllent (kounds Leue EquwKni IT Fwnitijte Tothl As ￿ April 2024 Athlilio Disp0511s IY2,230 228,146 22.654 7,529 r2.647 1,035 33,798 5.809 (5.640) 15.166 S72.170 7,688 (5.640) As at 31 March 2025 146 67 574 As at April 199.748) (119.793) (IOJ12) (1.393) (31.945) (32.837) (11.435) (327.663) arge for (72r2) (5.065) (4J31) (301) (10,705) {1.288) 5.640 1210) ,3DI) 131.463) 5.640 Disposal Adj'ustsnert 95 (547) As #t 31 m￿rh 2025 124 Is 28 ij Nd Book v8lu¢ ¥1 31 Mgrth 25 12 103 2 734 220 rJ2 % of origml cost 45% 34% 14% At 31 2024 92 961 54% 81% 28% 43% 23 Boldslgn Docun*nt ID: •rf*aO224b04472&41d￿d2adhoa727 | UMBRELLA DERBY & DERBYSHIRE NOTES TO FllYANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 11. InV￿trnents 2024-25 2023-24 HSBC Shares Unr¢ali5ed profiV(loss) on shares 6.888 80 6.740 148 6,968 6.888 12. Debtors 2024-25 2023-24 Trade Debtors l¥¢payThents Accrued Incoll 111,353 5.790 468 117,611 .973 3.192 914 9&079 13. Creditors: Amounts falling due within one year 2024-25 202>24 Trade creditor5 Other taxes and social security Accruals Deferred reveDue 4.704 9.833 12,659 105.289 4.313 4.092 151y3 132.485 159ffj48 14. Leasing Agrttments Minitnutn lease paymenis under non- canL%llable operating leases fall due as follows. 2024-23 2023-24 Within one year BetweeD one and five year5 In more than five years 9,225 8.974 15.362 18,199 18,199 33.561 24 Boldslgn 0gwThnt ID: 8d21a1I224l>lM4T2&•1dMd24d11•oT27 UMBRELLA DERBY & DERBYSHIRE NOTES TO FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 15. Unrestricted Funds: Movements in year Balance l April 2024 Ba14nce 31 March 2025 Incoming Resources Resources e4)ended Transfers De8ignaied Fund8 Staff redundancy Conringency l%gacy fi￿d desigDated General Reserves 96,6l6 25,161 206259 29,887 (25.161) (103) 126,503 749,441 (69626S) 259J32 32&036 749.441 (696265) 38SO3S l& Rutricted Funds: Movements ID year Balance l Aprffil 2024 BAIAnce 31 March 2025 In¢omiDg Re4our(*s Resources eipended Transfer8 FatDily Sw>port- Big ttery Places for People Garfield Weston tkrby City Council Childten in Need The Big tA)ttery The John Hors¢n]an Tnist Masonic Charitable FoundatioD St JaD]es Place Con]mullity Action Derby MeDcap - Ix)xing The Bailey Thomas Charity Vernon Robert Bowmer Trust AnDie5 PlacelAllotment Henry Smith Charity Toyota Souter Charitsble Th￿t Anonymous- n]arketiDg Hilton Parish Council Other 521)0 131,216 (118.857). 17,559 3,000 15,000 (2,12Q) (15,000) 880 5.000 (5,000) 28.374 38 30,863 (21.863) 710 9,0(X) 871 3,000 10.000 { 10,000) 153.543 462.3 127 136 4.263 10,833 4.000 2.000 16,667 lJ22 (6,570) (4.0(K)) (10(K)) (16.667) (1.322) 15&743 310,083 4.623 315,710 159,747 25 Boldstgn DoryJm•nt ID: 8thtr224tsOM72&a1d￿3d29dI10a727 Analysis of Net assets between funds 17. 2024-25 Tan￿1)le Fixed Assets Net Assets Tolal Restricted FuDdJ Family Support-LA)ttery Henry Smith Cbarity Mencap Masonic Cbaritable Foundation CA¥n)munity Action Derby Annies PlacelAllotmeDt 674 674 16,885 3,589 871 17.559 4.263 38 38 9.000 9.0(Kl 128.016 159,747 128,016 129J64 30J83 Unrtstricled Funds Stsff redundancy provision DesigDat¢d L£8acy Fund General r¢s¢rves 126.503 126.503 91368 167,694 259,332 91 J68 220 732 294,467 385,835 Totaj Fund$ 26 Bo￿1#n 00￿m•nt ID: fjd2180224bo4472￿1dK?d2adm•4T￿7 18. RESTRICTED FUNDS As Umbrella Derby & Derbysbire Limited continues to develop and expand its servic£s, the scope. fimding and Content of most services has cbaDged. Whilst we continue to monitor individual contract expeDditure against the fLmding base4 it is important ￿ recognise the currem cost of each service. including full recovery of overbead% as a basis for fimding bids. As the funding basis cbanges the split between restricted and unrestricted funds needs to be Ca￿ fidly monitored and the corresponding expenditure allocatd aC￿rdInglY. The following provides a brief des¢ripuon of thos¢ restricted fimds slatd in note 16 TheBI Lollgtx - This fimding suppon3 ow Family Support Services. W¢ slart¢d the fmaDcial with an under5peDd from the previou% year but this was spent alollg with tbe remaining funth'Dg stream for thi's project by the 3111 (kt 2024 which was the ¢Dd date of our 3 year agreemenl with the LA>ttery. We bave secured a new 3 year agreemenl £ 499.821. wbicb started OD the 1° tkc 2025 and provides ntinuation of our valued Family Support Service. As of 31•1 March 2025 we bad an undcrspend of £ 17,559 due to staffing ¢lwige$ aDd delayed activity delivery. Plac LLknI - This funding provided resou￿¢9 for Family Support training at the start of the Garfield Weston- This fimding was secured to contribute to our core organisational costs and wa5 allocated accordingly. The £ 25.000 is part year l and 2 ora 3 year £ 75.000 funding agreement wkn'cb slarted I" Jan 2024. il - the £ 3.0(K) income was from 2 separate funding pots; £ 2,000 heatiD8 improveMentyJfiwnitt￿e at Annie5 Centre, £ 1.000 secure fencing. The rnajority has been spent appropriately but an amount of £ 880 is still available due to delayed beating plan￿quoteS. ChildreD in Need - This fundiDg 15 part of a 3 year £ 45,000 grant, July 2023 to June 2026. towards the placemeot of an Operations Manager to support our day io day operations. omm -_The £ 14,806 income was part of the l year £ 19.741 fimding. Jan to 31° 2024, received Sp￿lfI￿llY for our Play and lxisure Servitts (PALS). This primarily C￿ntributed to our Tuesday club provision. bnH again we were fimded £ 5.(M]O lo support our PALS youth group5 for tbis financia] year. The in¢ome was primarily used to support the cboir group activities. Masonic Cbarithble Foundatio - The £ 28.374 income is part of a 2 year wt from August 2023 to July 2025. It sp￿lfICallY fimded tbe 30 bours of our Pmject MaDaBer salary costs wbicb bas led to a minimal £38 of underspend which will be used in the next financial due to increased Costs. St James Place- the £ 10,000 grant was for one year funding of PALS. specifically the Tuesday club. This was been fully spent on providing a compreh¢DSiVe artivity programrne. Action - the £30.863 income was provided from 3 xpara(e funding agre¢m¢Thts: Holiday Activity and Food (HAF) £ 14,663 to cover costs of the Easter, Summer and Winter holiday club4 Warm Welcome hub £ 1,2(MJ (part of £ 1.600 grant i•t Dec 2024 to 3￿ April 2025) to provide a warni space with refreshments. Youth Alb'ance £ 15,000 for Support and sessions for SEND cbildren transitioning. Th¢ HAF funding was fully sp¢Dt and the same ￿tivIti￿ this year will again be funded. The Warni hubs was operated by our fatnily support team for families over the period. The illitial Youth Alliance fimding for the year 151 Dec 2023 to 30 Nov 2024 was fully spent providing the s¢rvic¢ but post financial year end w¢ received unexpected suppl¢nwitary fundiDg of £ 9,000 for previous years. which w¢ bav¢ ac£rued in the accounts but have not allocated expenditure to. 27 Boldslgn Qo¢um•nt ID: •d21a0224b04472fva1dfv>d2ad11•0727 | Menca - the £ 1,581 income is part of a £ 2,371 grdnt covering Feb to April 2025. This grant provide5 funth'ng for Don ¢onr￿t boxiDg sessions for service users. The £ 871 underspend is due delayed provision of sessions due to instructor availabAIity The Baile - the £ 3,000 grant covered the financial ycar and was to provide fimdiDg for our PALS a¢tivit1¢5. Ill this case, primarily provith'ng funth'ng towards our Lon8 Eaton youth club. VerDon rTru - th¢ £ 10.(KJO one year grant provided fimding conthTr)utions to a number of PALS. groups ' the Tuc5day. Friday and Long Eaton groups. The income was spent fidly on vell￿ hire, activities and staffing Srllith Chari - the £ 10.833 income is Part of a 3 year granl £198.800, wlll'ch startd on the 111 Feb 2025. The grant agr¢¢meut is for an 'Early Intervenlion Project, providing InfOrn￿tiOll and advice for th'5abled children aud younB adults and their families in Derby City and South Derbyshire. The underspend of £ 4,263 is mainly due lo staff￿8 l¢v¢15 not being ID pl￿¢ which has been achieved post year end. ota- the £ 4.000 grnnt providing fimding for Umbrella emblazoDed ¢lotbing for promotional putPOK5. cg, Choir. harita le Trnst- the £2,000 income was part of a £ 3,000 granL 2024 to Nov 2ff25. It funded the PALS youth provision support . T￿sdaY group and w&% expended duriD8 the year. - the £ 16,667 income is part of £50.000 donatio￿ July 2023 to July 2024. This donation was received from an anonymous donor towards funding a new Mark¢Ung and Fundraising Co-ordinator role. This income bas been fully used within the fuDdiD8 period. We r¢¢¢nily reinstated this split role with]'D UmbTeUa and seek to fund it IoDg term from various sources. EbJAoL&￿i1- the £ 1,322 income plus fimth.ng direcily by them, the use of Hilton Village hall, enabled our HiltOD youth club to operate. We are kopiD8 to re-apply again for some fuDdinB for this group. Qkn- £ 2,048 a number of small donatioDslgraDts were received and spent accordiDgly as per instructions. pi iJg- the expense is depreciation of previously funded fixed assets tbat ar¢ 5ti11 held within Umbrella, in this case the ￿fi￿bIShed Annie Hall Qntre and allotment. 28 B•ldSlon Dorum•nt ID: 4d21thtJQ4472&•ld93d2adM•a727 19. Related party transactlons The charity h&s no related paty transactions that required disrlosur Company limited by guarantee The Charity is a cornpany limited by BU8rnltee. Every rnernber promises. if the Charity IS Diswlved, while they remain a member or wilhin 12 months allerward4 to pay up to £1 towards the costs of dissolution and the liabilities incurred by the CbaTity while the contnbutor was a member. 21. Corporatlon tsxatlon The ch￿ltY is exempt from tax on inLx)me and gains falling within section 505 of the T￿e5 Act 1988 or section 252 of the TaxatioD of CIw8eable Gains Act 191r2 to the extent that these are applied to its ¢haTilable obJe¢ls. 22. Ca•h gener8te41 from op¢ratlon8 2025 2024 Surplusl(deficit) for the year Adjustrnents for: Investrnent income shown in investing activities Depreciation and impairnient of tangible fixed a53¢ts (Gain)noss on revaluation of investments Movements fin worklng eapital: (InCre￿YdcCre￿ in debtOT5 IncreaseJ(decrease) in creditors 58,803 10.iio (4.085) 31.463 (80) (3.777) 35282 (148) 122.532) (27.163) (30.541) 109.570 C*#h gener•te41 fronb operatlon8 121K496 23. Flthandal Instruments The caryin8 amounts of the clwity's fmancia] instnllnents are as follows: 2025 2024 Flman¢Jal w8ets Mwured at fair vaIue throu8h net incomejexpenditure Fixed ￿Se1 listed ￿yeS1n￿llts 6.968 6.888 2025 2024 Debt instnunents measured at amortis¢d cost Trade Debtois IllJ53 90,973 2025 2024 Fl•ancknl ]iabSlltle• M￿u[¢d At amorti5ed o)st Trad¢ Cr¢ditQT5 4.704 4J13 29