REGISTERED COMPANY NUMBER: 08419386 (England and Wales} REGISTERED CHARITY NUMBER.. 1151617 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 for Amy'$ House IA Company Limited by Guarantee) Royslon Parkin Limiled 2 President Buildings Savile Street East Sheffield South Yorkshire S4 7UQ
Amy's House Contents of the Financial Statements for the year ended 31 March 2025 Page Report of the Trustees Independent Examiner's Report statement of Financial Activities Balance Sheet Cash Flow Statement 10 Notes to the Cash Flow Statement 11 Notes to the Financial Statements 12 to 20 Detailed Statement of Financial Activities 21
Amy'$ House Report of the Trustees for the year ended 31 March 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 2019}. OBJECTIVES AND ACTIVITIES Objectives and aims The objective of Amy's House is lo improve the quality of life of children and young adults with physical, ment81 or sensory impairments, through the provision of respite care. recreational aclivilies. quality play, care and famiw support and lo preserve and protecl the health and wellbeing of those caring for the 8bove young people and their families. We are a charity based in Sheffield caring for children and young adults wilh additional needs or life limiting conditions and their families. We provide specialist care throughout the year with a particular focus on term-time Saturdays and school holidays for children. We also provide family support lo families we are in direct contact with, and wider support seNices to local low-income families. We provide support to children, young people and their families in their homes and in the community, alongside information and advice. We have occupied a single building since 2019 which has undergone extensive reconfiguration and refurbishment lo most efficiently meet the needs of the charity and the young people we work with. This means we can offer more services during the day, such as providing setvices lo young adults and supporting the Local Authority with emergency placements. We have further built on service provision using the free building capacity this year. We have made the building available to the community outside of our operational time. However, as we have strengthened and increased our services this is less feasible. We were able to develop as an organisation in 2022 with further consolidation and strengthening of service provision. We continued to develop our respite care setvice offering lo young adults and we are in constant communication with local specialist schools to expand this further as young people leave fulllime education provisions and are able lo benefit from continuous care. Our Board of Directors have worked closely together to follow the guidance issued by the Charity Commission on public benefit. The building is available for use by local groups in the evenings and Sundays lo hold meetings and events. We have also ensured that there are proposals in place for ftjrther utilising the Spa outside of current operational hours. We look fOard to re-engaging our volunteer fundraisers, usually raising funds by various means including our weekly coffee momingllalksldemonstrations as well as collections al events and in the city cenlre, in the future, and significantly increasing our grant applications. The feasibility of this is much higher having taken on new premises to accommodate adult service and office space. We continue to be proactive in accessing any potential funding streams available lo us when we meet the criteria and are hopeful that 2026 will allow stronger progress to be made towards the Trustees financial objectives and for investment in the services we provide to take place. Page 1
Amy's House Report of the Trustees for the year ended 31 March 2025 STRATEGIC REPORT Achievements and performance Charitable activities The year was one that once again saw both challenges and opportunities. Whilst revenue, excluding grants, increased SLJbslanlially on the previous year, giving Trustees great hope for the future, fundraising was significantly lower as focus was placed on more reliable and sustainable revenue streams. Having taken up a new perfflanenl home in 2019, the investment, repurposing and reconfiguring of the new space was finalised in 2022 with the completion of the exterior. Through a grant made available from the Local Authority, a purpose-buill ramp, complemented by levelling work, significanlty improved the ulilily of our building for children and young people with additional needs as well as the cosmetic improvements. It is hoped that a long term lease reflecting the investment will be signed in the coming financial year. The fundraising environment remained extremely challenging as the cost of living continues lo increase. Amy's House is making strong progress on ils path of sustainability and development through commitment to excellence. and focus will not be lost on the quality of services and their provision lo local people through the local authority. Recognised as a centre of excellence for the services whi¢h we provide, Amls House continues to look fonmard as a valued and well-respecled provider to the local authority and will build upon Ihis to ensure sustainability in the future. Work continued improving the standards of both service and administration within the organisalion to ensure that the service was both sustainable and future proof wherever possible, this is reflected in Ihe higher than previous years spend on professional services. The increases in service provision this year have largely centred around a new allernalive education provision and in the process of diversified seNice income, has contributed lo a more holistic provision, and sustainable service portfolio. Providing an alternative education provision provides a Iherapeulic and nurturing environment for young people who are not able lo thrive within the more regularly structured education environmenl. The high standard of the alternative provision is valued by the local aLJthority despite ils very recent addition to the Amy's House portfolio., and a8 parents, guardians and care givers continue lo share positive feedback, further build Amy's House's reputation as an example of excellence. Amy's House continues on a development pathway that has been set in motion, the charity is becoming increasingly stable, resilient and reliable. Service provision has an excellent reputation and this will further increase returns in the future as stakeholders seek the support that we have proved adept al providing. The growth and resilience of Amy's House in recent years has been overwhelmingly positive and the Trustees look foward to a bright and sustainable future. Financial review Financial position The gross income for the 12-monlh period amounted lo £584,864 12024 £398,486) and expenditure was £547,605 (2024 £434,8fj5}. Net income for the period amounted to £37,25912024 net expenditure £36,329). Our fundraising is ongoing, and we welcome support from the local community and the wider community. Page 2
Amy's House Report of the Trustees for the year ended 31 March 2025 STRATEGIC REPORT Financial review Going concern The charity depends on fundraising for ils continued operations, however, expenditure can be tailored to the available funds, such that the trustees consider that there is no material uncertainty about the charity's ability to continue as a going concern. Future plans The charity plans to continue the above activities in the forthcoming years, as well as Complementing the current services with an alternative education provision which will increase the ulilisation of the building 2nd staff and maximise on revenue potential. The Iruslees aim to build up the free reserves lo cover six months operating wsts and linancial commitments. At 31 March 2025 unrestricted funds amounted lo positive £20,932 131 March 2024 negative £16,327). Free reserves, excluding fixed assets. amounted lo a negative sum of £115,672 12024 negative sum of £153,801). The negative free reserves figure has largely arisen due lo the charity having lo spend a further £30.847 on leasehold property improvements in the year,. but Ihis investment is expected lo result in financial benefits to the charity going forward. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by ils goveming document, a deed of trust, and constitutes a limited company, limited by guarantee. as defined by the Companies Act 2006. The charity was incorwraled as a company limiled by guarantee on 26 February 2013 and is governed by its Memorandum and Articles. Decision making The trustees must hold at least four meetings a year and potential Iruslees are nominated by an existing trustee and seconded al a trustees, meeting. Appropriate training is provided where necessary. Risk management The trustees regularly review the risks and uncertainties facing the charity and support the fundraising to improve the facilities and ensure the long term viability of the charity. They also support the qualified staff in mitigating the day to day safeguarding, and health and safely risks. The Chaiity Manager Lisa Marsh is responsible lo the trustees for Ihe d8y lo day management of the charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 08419386 (England and Wales} Registered Charity number 1151617 Page 3
Amy's House Report of the Trustees for the year ended 31 March 2025 Registered office The Hope Centre Bernard Road Sheffield South Yorkshire S2 5BQ Trustees M Monaghan {resigned 1.10.241 J M Bell (resigned 4.11.24} R Vyse S Swift lappointed 27.1.25) S Crellin {appoinled 27.1.25) Independent Examiner Royston Parkin Limited 2 President Buildings Savile Street East Sheffield South Yorkshire S4 7UQ Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors. on 16 December 2025 and signed on the board's behalf by.. S Swift - Trustee Page 4
Independent Examiner's Report to the Trustees of Amy's House Independent examiner's report to the trustees of Amy's House I'the Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilities and basis of report As the charity's trustees of the Company land also its directors for the purposes of company law) you are responsible for the preparation of Ihe accounts in accordance with the requiremenls of the Companies Act 2006 ('the 2006 Act'i. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145151 Ibl of the 2011 Act. Page 5
Independent Examiner's Report to the Trustees of Amy's House Independent examiner's statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified lo undertake the examination because l am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm Ihat no mallers have come lo my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act., or the accounts do not accord with those records.. or the accounts do not comply with Ihe accounting requireEntS of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independenl examination.. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have Come across no other matters in connection with the examination lo which allenlion should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Emily Kirk Royslon Parkin Limited 2 President Buildings Savile Street East Sheffield South Yorkshire S4 7UQ 16 December 2025 Page 6
Amy's House Statement of Financial Activities for the year ended 31 March 2025 2025 Totsl funds 2024 Total funds Unrestricted Restricted fund fund Notes INCOME AND SERVICES FROM Donations and services 583.651 583.651 397,687 Investment income 1,213 1.213 799 Total 584,864 584,864 398,486 EXPENDITURE ON Charitable activities 547,605 547.605 434,815 NET INCOMEI{EXPENDSTUREI 37,259 37,259 136,329} RECONCILIATION OF FUNDS Total funds broughl forward (16.327) 28,297 11,970 48,299 TOTAL FUNDS CARRIED FORWARD 20,932 28.297 49.229 11,970 The notes form part of these financial slalements Page 7
Amy's House Balance Sheet 31 March 2025 2025 Total funds 2024 Total funds Unreslricled Restricted fund fund Notes FIXED ASSETS Tangible assets 108,307 28.297 136,604 137,474 CURRENT ASSETS Debtors Cash al bank and in hand 10 44,075 35,292 44.075 35,292 20,687 23,402 79.367 79,367 44,089 CREDITORS Arllounts falling due within one year 11 {143,7201 1143,720} 1140,699) NET CURRENT ASSETS (64,3531 164,3531 196,6101 TOTAL ASSETS LESS CURRENT LIABILITIES 43,954 28,297 72,251 40,864 CREDITORS Amounts falling due after more than one year 12 (23,022) 123,022) 128.894) NET ASSETS 20,932 28,297 49,229 11,970 FUNDS Unrestricted funds Reslricled funds 14 20,932 28,297 116,327} 28.297 TOTAL FUNDS 49,229 11,970 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audit of ils financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Acl 2006. The notes form part of these financial statements Page 8 continued...
Amy's House Balance Sheet- continued 31 March 2025 The trustees acknowledge their responsibilities for lal ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 ofthe Companies Act 2006 and Ibl preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of ils surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otheise comply with the requirements of the Companies Act 2006 relating lo financial statements. so far as applicable to the charitable company. The financial statements were approved by the Board of Trustees and authorised for issue on 16 December 2025 and were signed on ils behalf by.. S Swift- Trustee The notes form part of these financial statements Page 9
Amy's House Cash Flow Statement for the year ended 31 March 2025 2025 2024 Notes Cash flows from operating activities Cash generated from operations Interest paid 17.026 16681 17,643 {9971 Nel cash provided by operating activities 16,358 16,646 Cash flows from investing activities Sale of tangible fixed assets Interest received 3,624 799 1,213 Net cash provided by investing activities 1,213 4,423 Cash flows from financing activities Loan repayments in year {5,6811 15,4901 Net cash used in financing activities 15,681) 15,490) Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 11,890 15,579 23,402 7,823 Cash and cash equivalents at the end of the reporting period 35,292 23.402 The noles form part of these financial slalements Page 10
Amy's House Notes to the Cash Flow Statement for the year ended 31 March 2025 RECONCILIATION OF NET INCOMEI{EXPENDITUREI TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net incomellexpenditurel for the reporting period {as per the Statement of Financial Activities) Adjustments for.. Depreciation charges Loss on disposal of fixed assets Interest received Interest paid Ilncreaselldecrease in debtors Increase in creditors 37,259 136.3291 870 1.298 2,651 17991 997 47,859 1.966 (1.2131 668 {23,3881 2,830 Net cash provided by operations 17,026 17,643 ANALYSIS OF CHANGES IN NET IDEBT}IFUNDS At 1.4.24 Cash flow At 31.3.25 Net cash Cash at bank and in hand 23.402 11,890 35,292 23.402 11,890 35,292 Debt Debts falling due within 1 year Debts falling due after 1 year {5,4901 128,894) 11911 5,872 15.6811 {23.0221 134,3841 5,681 128,7031 Total 110,9821 17.571 6,589 The note5 form part of these financial slalements Page11
Amy's House Notes to the Financial Statements for the year ended 31 March 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Praelice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial A¢livilies once the charity has enlillemenl to the funds. it is probable that the income will be r1ved and the anK)unl can be measured reliably. The following specific policies are applied to particular categories of income.. Income from donations or granls are recognised when there is evidence of entitlement to the gift, receipt is probable and its arnounl can be measured reliably. Income from contracts for the supply of services is recognised with the delivery of the contracted service. Thi8 is classed as unreslricled funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case il be regarded as restricted. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity lo that expenditure, it is probable that a transfer of economic benefits will be requiied in selllemenl and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings Ihal aggregale all cost related lo the category. INhere costs cannot be directly attributed to particular headings they have been allocated lo activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order lo write off each asset over ils estimated useful life. Short leasehold Fixtures and fittings Computer equipment not provided 33 /0 on reducing balance 33010 on reducing balance Taxation The charity is exempl from corporation lax on ils charitable activities. Fund accounting Unreslricled funds can be used in accordance with the charitable objectives at the discretion of the trustees. Page 12 continued...
Amy's House Notes to the Financial Staternents - continued for the year ended 31 March 2025 ACCOUNTING POLICIES- continued Fund accounting Restricted funds can only be used for particular reslricled purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular reslricled purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial slalemenls. Hire purchase and leasing commltments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. DONATIONS AND SERVICES 2025 2024 SCC contract income Donations and Fundraising Other service income 572,942 7,631 3,078 358,864 28,955 9,868 583,651 397,687 INVESTMENT INCOME 2025 2024 Deposit account interest 1.213 799 Page 13 continued...
Amy's House Notes to the Financial Statements- continued for the year ended 31 March 2025 CHARITABLE ACTIVITIES Charitable activities 2025 2024 Slaff costs Redundancy paymenls Rent, rates and insurance Repairs and maintenance Light and heal Telephone Fund raising expenses Motor and travel costs Other office & professional Bank charges Training costs Depreciation Loss on sale of assets Interesl payable and similar charges 385,889 313,317 5,522 32,755 3,994 19,130 2,334 75 23,743 8,030 222 27,894 11,019 7,548 3,465 2,204 27,312 28,188 214 1,936 870 1,298 2,651 997 668 497,207 414,068 Other activities 2025 2024 Purchases 50,398 20,747 Aggregate amounts 547,605 434,815 NET INCOMEIIEXPENDITUREI Net incomellexpenditure) is stated after chargingllcredilingl- 2025 2024 Depreciation - owned assets Redundancy payments Deficit on disposal of fixed assets 870 1,299 5,522 2,651 Page 14 continued...
Amy's Houso Notes to the Financial Statements - continued for the year ended 31 March 2025 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COSTS 2025 2024 Wages and salaries 385,889 313,317 385,889 313,317 The average monthly number of employees during the year was as follows.. 2025 2024 Administration and management Care support staff 17 16 20 19 The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was.. 2025 2024 £60.001- £70,000 £80,001- £90,000 Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The lolal compensation paid lo key management personnel for services provided lo the charity was £162,305.73 12024 £134,613.62). Page 15 continued...
Amy's House Notes to the Financial Statements - continued for the year ended 31 March 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund Total funds INCOME AND SERVICES FROM Donations and services 397.687 397,687 Investment income 799 799 Total 398,486 398,486 EXPENDITURE ON Charitable activities 434.815 434,815 NET INCOMEIIEXPENDITURE) 136.3291 136,3291 RECONCILIATION OF FUNDS Total funds brought forward 20,002 28,297 48,299 TOTAL FUNDS CARRIED FORWARD {16,327) 28,297 11.970 TANGIBLE FIXED ASSETS Fixtures and fillings Short leasehold Computer equipment Totals COST Al 1 April 2024 and 31 March 2025 134,835 24.163 4.266 163,264 DEPRECIATION Al 1 April 2024 Charge for year 22,472 558 3,318 312 25,790 870 At 31 March 2025 23.030 3,630 26,660 NET BOOK VALUE Al 31 March 2025 134,835 1,133 636 136.604 At 31 March 2024 134,835 1,691 948 137,474 Page 16 continued...
Amy's House Notes to the Financial Statements - continued for the year ended 31 March 2025 10. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Prepayments and accrued income 44,075 2,980 17,707 44,075 20,687 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Bank loans and overdrafts {see note 131 Social security and other taxes Pension Accruals and deferred income 5,681 129,851 841 7,347 5,490 122,208 679 12,322 143,720 140,699 12. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2025 2024 Bank loans (see note 13) 23,022 28,894 13. LOANS An analysis of the maturity of loans is given below.. 2025 2024 Amounts falling due within one year on demand.. Bank loans 5,681 5,490 Amounts falling between one and two years.. Bank loans - 1-2 years 5,681 5,490 Amounts falling due between two and five years.. Bank loans - 2-5 years 17,043 16,471 Amounts falling due in more than five years- Repayable by instalments= Bank loans more 5 yr by instal 298 6,933 The Covid bounce back loan is repayable over 9 years from June 2021 at an interest rate of 2.5¥0 per annum. Page 17 continued...