OFF THE RECORD (TWICKENHAM) LTD (A company limited by guarantee> OFF THE RECORD (TWICKENHAM) LTD Trustees, Report and Financial Statements st for the year ended 31 March 2024
OFF THE RECORD (TWICKENHAM) LTD (A company limitad by guarantee) OFF THE RECORD (TWICKENHAM) LTD Trustees, Report and Financial Statements for the year ended 31st March 2024 Contents Page Reference & Administrative Details Chair's Report Trustees, Report Independent Examiner's Report 12 Statement of Financial Activities 13 Balance Sheet 14 Notes to the Financial Statements 15-23
OFF THE RECORD (TWICKENHAM) LTD (A company limited by guarantee) REFERENCE & ADMINISTRATIVE DETAILS Board of Directors {Trustees) Peter Jenkins (Chair) Christopher Whistler (freasurer) Rajesh Bakrania Sigrid Balmer- Resigned 15111123 James Battersby- Resigned 15111123 Nigel Bloomer - Resigned 15111123 Deborah Fearn - Appointed 15111123 Kirsty Gibbins - Resigned 2215123 Claire Haynes - Appointed 15111123 Claire Holt Sarah Mccarthy Deirdra Moloney - Resigned 15111123 Laura Stewart- Appointed 15111123 Charlotte West Phillp Woodford - Appolnted 15111123 Registered Company number 8466382 Charity Registration number 1152097 Registered Office address 2 Church Street Twickenham TW13NJ Bankers The Cooperative Bank Redwood Bank Cambridge & Counties Bank Independent Examiner Debby Metcalf FCA
OFF THE RECORD (TWICKENHAM) LTD (A company limitod by guarantee) CHAIR'S REPORT Having now been Chair for nearty 0 years, l am Continual inspired by the work which our dedicated staff and counsellors provide and, sadly, our seNices are needed more Ihan ever. Many of the young people who come to us are desperately seeking help and do not feel able to talk to their parents or GP, or they have not been supported at school or by other statutory services. We have seen a rise in the severily and complexity of the issues that young people are struggling with, as well as an increase in the numbers approaching us for help. One third of our young clients are self-harming, 260/0 have suicidal feelings, 280/0 experience panic attacks and 76Q/o are suffering with anxiety and stress. Other issues include depression, ielationship problems, difficulties at school, loneliness and low self-esteem. The Trustees, Report on the following pages sets out the details of what we did to respond to these needs over the year to 31$1 March 2024 and also what we intend to do this year. The recruitment of high-quality counsellors lo meet the demand for our services conlinues to be a challenge. We have always relied mostly on counsellors in training in our hub in Twickenham, but many training organisation8 no longer permit their students to work with young people. This, together with the closure of one of our 8atellites through lack of funding, has resulted in the total number of counselling sessions we provided being slighlly down on the previous year. As expected, we utilised reslricted funding in the year, which was received in the previous year, but which related to this year's expenditure. We made a deficit on unrestricted funding, a8 explained in the Financial Review in the Trustees, Report and our total reserdes now represent approximately six month8 of annual expenditu. We will only be receiving £29,520 of statutory funding (from NHS SW London ICS) in the coming year, despite the large numbers of clients referred to U8 by GPS. We therefore have to seek significant amounts of funding from new sources, if we are to maintain Ihe level of seniices which we currently provide. I would like to thank all of those who funded us last year. In particular, we received grant funding from Richmond Parish Lands Charity, The Barnes Fund, Hampton Fund and NHS SW London ICS. We also once again, received free office accornrnodation from St Mary's Church, Twickenham. I would like to thank our Manager, Deborah Kerpner. and her dedicaled team of counsellors and office staff. Their enthusiasm and hard work ensured we delivered an excellent service in challenging times. I would like to thank all members of the Trustee Board for their efforts. We recruited four new trustees, who all started in October 2023, who have a very good range of skills and experience to contribute to the development of the charty I would like to thank those trustees who reb'red at the AGM for their services to the charity, some over many years. Our clients Continue to really value the services that we provide and we get excellent feedback from them. Almost all of our clients say that our counselling definitety helped them and that after Dur counselling Ihey understood themselves better. Tney also said Ihat they were more able to overGome life's challenges and thal Ihey feh more positive about the future. We aim to continue to provide the best possible service to as many young people who need us in Ihe coming year and beyond. Peter Jenkin5 Chair of the Board of Trustees
OFF THE RECORD (TWICKENHAM) LTD (A company limited by guarantee) TRUSTEES. REPORT The Trustees present their annual report together with the financial statements of the Charty for the year ended 31. March 2024. The Annual Rep)rt seples the purposes of both a trustees, report and a directois, report under company law. The Trusteès confirm that the Annual Report and Financial Statements of the charitable company compty with the current stalutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to Charities preparing their accounts in accordance with Ihe Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS1021. Since the company qualifies as small under section 382 of the Companies Act 2006, the strategic report required of medium and large companies under Ihe Companies Acl 2006 (Slrategic Report and Directors, Report) Regulations 2013 has been omitted. Our Vision, Mi3sion, Principles and Ways of working Our vision Is that every young person has a welcoming space where they feel valued, supported and listened to. Our mission is to provide free, confidential and accessible information and couns811ing, to support young people's emotional and mental well-belng when they are in need. We have the following principles.. 1. To be young people-centred and valuing their Gontribution in all aspects of Service development and delivery 2. To provide a personal, responsive and inclusive service 3. To follow safe, effective and professional ways of working 4. To be friendly and informal and to value honesty, flexibility, integrity, and well-being 5. To champion the welfare of young people with a non-judgemental and empathic approach In delivering our seNices we aim to,, Take all reasonable steps to ensure young people's safety and well-being Work towards equality of access Provide competent, high-quality staff who are 8UPPOrted, supeNlsed and trained, in accordance with our safer recruitment policy Involve young people at every level of our work Work alongside other agencies, recognising and valuing difference8 in ethos and approach Acknowledge inequalities and seek to counter oppression and discrifflination Maintain high standards of monitoring and evaluation of our services Meet high standard8 of information governance and dats securty Achieve kite-marks and quality stsndards where appropriate
OFF THE RECORD (TWICKENHAM) LTD (A company limited by guarant88} Objectives and activities l) Policies and objectives As set out in our Articles of Association, the objects of the Charity are: 1. The advancement of education, the protection and preservation of good heamh and Ihe relief of povety, distress and sickness of young persons (being persons under the age of 25) in the United Kingdom, particularly the London Borough of Richmond upon Thames. 2. The relief and prevention of suffering caused by mental or physical ill health or by social or economic circumstances among young people by establishing, maintaining and developing a counselling service for the giving of individual or group counselling, and practical advice. 2) Public benefit The work of the Charity is to support young people's emotional and mental well-being when they are in need, The Trustees confirm that they have taken due account of the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities. Achievements and perforniance Developments in the year to 31•t March 2024 We delivered 3,469 sessions during the year, which is 6% less than the previous year, supporting 1.127 different young people. We also supported 214 parents and carers of young people, up from 115 in the previous year, Our counselling drop-in Service saw 524 young people and we provided bookable counselling sessions to 501 young people. We identified five key objectives for the year and we made progress against all of Ihese as follows.. 1. To diversify our fundraising In order to maintain suificient resources to operate at our current capacity. Progress on diversifying our fundraising has been made, but more needs to be done, as does ensuring that we have the staff Gapacity to complete sufficient fundraising applications to raise the funding we need, Re-engaging with Hampton Fund and securing funding from them was a major success in the year.
OFF THE RECORD (TWICKENHAM) LTD (A company limited by guarantee) 2. To maintsin and maximise current sorvice offar at highest possible capacity, including review of newly-0ned services and appropriate reach across all young people. We have worked hard to ensure that all service deliverables have continued to be met following expansion of the three new satellite services in the previous year. This has required an ongoing ¢rurtment process for high-quality counsellors, resulting in the successful recruitment of 10 new counsellors. We have also recruited two new counsellors for the Skylarks service. 3. To support infrastructure and Service delivery with review and upgrade of IT systsms, ensuring GDPR compliance. IT systems and GDPR compliance are all running well with no IT issues and all GDPR requirements up to date. A number of IT updates have been put in place in accordance wrth the iecommenéations of an independent IT wmpany. 4. To improve efficiency through reviewing administrative systems, such as database and booking process. A significant amount of work has been done on scoping the requirements for a new databaselCRM system. A number of administrative changes have already been made to increase efficiency as part of this review. S. To updats outreach and communications through improved uso of digitsl resources to promote servlce to cll•nts and stak•hold•rs and to support fundraising efforts. The website has been kept continuously updated with events, and we have updated elements ofthe webstte regarding fundraising, Friends of OTR and our Young People's Advisory group, More progress will be made in this area in the coming year. Plans for the future Our key objectives for the year to 31" March 2025 are to: Diversify our fundraising in order to achieve income targets so that we maintain Sufflent resources to operate at our current capacrty. Recruit sufficient additional counsellors lo maintain and maximise current service offer at the highest possible capacity. Improve efficiency through implementing a custorner relations management system (CRM). Develop staff processes to support staff retention and ensure that staffing structure best meets the needs of the organisation. Develop our communrty and outreach work through our Friends and Young People's Advisory groups.
OFF THE RECORD (TWICKENHAM) LTD (A company limited by guarant88) Financial review 1) Overview The Charity's total income during the period was £212,961 {2023: £276,577) against a total expenditure of £315,932 (2023: £288,478), giving an operating deficit for the period of £102,971 (2023: £9,901). Reserves of £139,083 (2023: £242.054) are carried forward to the next financial year. Unrestricted reserves are £106,402 (2023: £168,759) and restricted reserves are £32,681 (2023: £73,295) The charrty made a deficit of £62.357 (2023: Deficit of £16,058} on unrestricted fund8. Unrestricted income was similar to the previous year at £119,641, but charrtable expenditure increased from £135,325 to £174,042, due principally to cost of living salary increases lo staff, general inflationary increases in cost8 and the funding of certain satellites, which were previously funding from restricted inccme. To align with the calegorisation of income and exFenditure in the current year (which is in line with the Charities SORP), some income and expenditure in the prior year has been restated in these financial slalements. These restatemenls did not change the level of restricted or unrestricted reserves as at 31 March 2023, The Board receives a financial report quarterfy showing income, expendilure, current resources and commltments. The Board approves an annual budget and regularly reviews forecasts of income and expenditure. 2) Reserves policy The Board of Trustees, principal consideration is to ensure that consistency is maintained for the vulnerable young people within its support system and, to that end, it recognises the importance of developing sufficient free reseeS to support the organisation. The Charity's policy is to have t¢)tsl serveS of approximately six months total expenditure. This includes unrestricted reserves to cover the possibility that funders, in particular of satellite hubs, may not renew funding in the future and that it might lake tirne to find new funders for those services or to cease their operations, At 31 March 2024, total reserves amounted to £139,083 (2023: £242,054) which represented 5.3 months of total expenditure (2023,. 10.1 months). 3} Material investments policy The Charty can invesl money not required for its immediate purposes in investments, securities or property, subject to conditions or Gonsents as may be required by law. At 31 st March 2024, £40,000 (2023,. £167,636) was held in interest-earning bank deposit accounts. A further £57,285 (2023.. £Nil) was held in a 1-year term account.
OFF THE RECORD (TWICKENHAM) LTD (A company limited by guarantee) 4) Principal funding 11 has been another challenging year for fundraising and not just for Off The Record (Twickenham). We have heard that many charities like ours across the country have lost funding and have had to close some of their services to meet their budgets, As noted in the Chair's Report, we reiVed grant funding from Richmond Parish Lands Charity, The Barnes Fund, Hampton Fund and NHS SW London CCGllntegraled Care sepiices. We received funding from local groups including the Kew Fete and Wyke Green Golf Club Ladies and we also, once again, recèived free office accommodation from St Mary's Church, Twickenham As well as our main funders, who are vital to our service, we are always very touched and grateful to all those local groups and individuals who are so keen to put on events or support us in other ways. This year Ihis included an Open Mic event at One One Four in Teddington and collections at Eel Pie Studios, Open Weekends, the Jazz Sanctury events in St Margaret's and at the Teddington Vocality Choir Christmas concert. Eel Pie Records and the Hampton Music Festival also supported us. Two of our counsellors, along with a friend, ran the Parks half marathon, raising over £2,000 for Off The Record, and a young person also ran a five SK run, raising a further £1,000. OTR also ran a number of our own fundraising events which included stalls at the St Mary's Church Summer Fete, the St Margarets Fair and Twickenham High Tide evenl. We also, once again, held our Christmas Carol concert, which was a great opportunity for some young people to show their support for us. While these events do not necessarily raise huge sums, we feel that it's really important to have opportunities to meet our supporters and get involved In our community. We also had a very successful 'Quiz with a difference, in September, which included a silent auclion, and we will hold a similar event in October 2024. We are always thrilled, at these events, by how many people come up to us to share their gratitude at how our support has changed the lives of their children, friends or relatives, and it's wonderful for our trustees and supporters to hear Ihese stories directly from the families who have been affected. Structurè, governance and management l) Governlng document Off The Record (Twickenham) Ltd is a registered charlty {charlty number: 1152097) In Engtand & Wales originally constituted under a Memorandum and Articles of Association dated 13 April 2013 and approved by the Charty Commission on 20 May 2013. Off The Record (Twickenham) Ltd is a Company Limited by Guarantee without having a share capital, (Cornpany No. 8466382>. It is registered in England & Wales under a Company Certificate dated 28 March 2013. Revised Articles of Association were approved by the Members of the Charity on 14 June 2024.
OFF THE RECORD (TWICKENHAM) LTD (A company limited by guarantee) 2) Operations The Charity operates from its regiered offic8 at 2 Church Street, Twickenham TW13NJ and also delivers services from a range of satellite centres throughout the London Borough of Richmond upon Thames. The Charty is managed by a full-time Manager, two part-time Assistant Managers and Business Manager, and uses freelance, paid staff. and volunteers to achieve its aims. 3) Structure of and Appoinknent to the Board The power to appoint additional directors is vested within the existing Board. The Board of Directors (Trustees> should comprise at least four people (minimum age 161, but there is no maximum number specified in the Articles of Associalion. One third of the Board is required to retire at each Annual Gener81 Meeting. No maximum term of office for directors was specified in the original Articles of Association but this was changed on 14 June 2024, such that all directors must now retire and not be reappointed at the AGM nine years after the AGM at which they were first appointed. 4) Recruitment of trustees, Induction and tralning Existing trustees complete details of their skills and experience and these are consldered when recruiting for new trustees, Ideally new trustees fill any gaps in experÉence and skills of the oxisting Iru8188s. A comprehensive induction of all new trustees takes place by providing ihem wSth Informatlon about what it means to be a charty trustee and infomiation specific to Off The Record. This is followed by a face-to-face discussion of these documents. Ongoing training is provided to trustees as appropriate. In the year to 31st March 2024, all trustees undertook training on safeguarding. 5) Rlsk management The Trustees have examined the major strategic, business and operational risks which the Charity faces and are satisfied that systems have been established and that there are appropriate reports to lessen these risks. 6) Going concern After making appropriate enquirie5, the Trustees have a reasonable expectation that the Charty has adequate resources to continue in operational existence for the foreseeable future. For this reason. they continue to adopt the going concern basis in preparing the financial statements. 10
OFF THE RECORD (TWICKENHAM) LTD (A company limited by guarantee> ststement of Trustees, responsibilities for the year ended 31 March 2024 The Trustees (who are also the directors of the company for the purposes of company law) are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom General Accepted Accounting Practice}. Company law requires the Trustees lo prepare financial statements for each financial year. Under company18W, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial ststements, the Trustees are required to.. selecl suitable accounting policies and then apply them consistently; obsepde the methods and prinCipS of the Charities SORP (FRS 102>, make judgements and accounting estimates that are reasonable and prudent; state whether applicable UK Accounting Standards (FRS 1021 have been follc)wed, subject to any material departures disclosed and explained in the financial statements: • prepare the financial statements on the going concern basis unless il is inappropriate to presume Ihat the Company will continue in busine88. The Trustees a responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable Ihem to ensure that the financial statements comply with the Companies Act 2008. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and olher irregularities. In preparing this report, the Trustees have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006. Approved by order of the Board of Trustees and signed on its behalf by: C&J Mrs C West Mr P Jenkins 11
OFF THE RECORD (TWICKENHAM) LTD (A company limited by guarantee) Independent examiner's report to the trustees of Off The Record (Twickenham) Ltd {a company limitsd by guarantee) ('the Charity.) I report to the Charity's trustees on my examination of the accounts of the Charty for the year ended 31 March 2024. Responsibilitiès and basis of report As the charity's trustees of the Charity (and also its directors for the purposes of company law) you are responsible for the preparation cf the accounts in accordance with the requirements of the CompaniesAct 2006 ('the 2006 Act.). Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 Df 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 ('the 2011 Act'}. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5) (bl of the 2011 Act. Independènt examiner's Ststsment I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me Cause to believe: 1. accountlng records were not kept in respect of the Charty as required by section 386 of the 2008 Act,. or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of sectlon 396 of the 2006 Act other than any requirement thai the accounts give a true and fair view which is not a malter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of T<ecommended Practice for accounting and reporling by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Iraland IFRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed.. Date: August 2024 Debby Metcalf FCA 22 Trowlock Ave Teddington TW119QT 12
OFF THE RECORD (TWICKENHAM) LTD (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 315t MARCH 2024 Total funds 2024 Total funds 2023 Unrostrictsd funds R•8trlGtod fund$ InGome and Endowment from: Donations and legacies Charitable activities Other trading activities Investments 89,694 18,266 9,358 2.323 93.320 183,014 18,266 9.358 2,323 252,090 21,247 2,827 413 Total income 119641 212 961 276.577 Resources expended: Raising funds Charitable expendllure 7.956 174,042 7,956 307,976 914 285,564 133.934 Totsl expenditur• 181998 133 934 315 932 286 478 Net incomellexpendlture) (62.357) (40,614) {102,971) (9,901) Total funds brought forward 168.759 73,295 242,054 251,955 Totsl funds carried forward 106 402 139 083 242 054 The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 13
OFF THE RECORD (TWICKENHAM) LTD (A company limited by guarantee) BALANCE SHEET AS AT 31 MARCH 2024 Total 2024 Totsl 2023 Note Current assets Debtors Cash at bank and in hand Current asset investrnents 36,079 47.300 57,285 140,664 25,129 285,118 310,247 Creditors.. Amounts falling due in one year 10 1,581 68,193 Net current assets 139,083 242,054 Total net a88ets 11 139083 242 054 Charlty funds: Unrestricted funds Restricted funds 108,402 32,681 168,759 73,295 Total funds 12 139 083 242 054 For the financial year ended 31st March 2024, the Charity was entitled to exemplion from audil under section 477 of the Companies Act 2006 relating to srnall companies. The Members have not reqUId the Charity lo obtain an audit of its accounts for the year in question in accordance with section 476. The Trustees acknowledge their responsibilities for complying with Ihe requlrements of Ihe Act wrth respect to accounting records and the preparation of accounts. These accounts have been ppared in accordance with the provisions applicable to small companies subject lo the small companies, regime and In accordance with FRS102 SORP. Approved by thè Trustees on 2024 and signed on their behalf by., . Trustee frJS ..Trustee i W¥sr 14
OFF THE RECORD (TWICKENHAM) LTD (A company limited by guarantee> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31•t MARCH 2024 1. Accounting policies 1.18asis of preparation of th• financial statements The Charity is a charitable company limited by guarantee and it is registered in England & Wales Financial Slatements are prepared underthe historical cost convention and in accordance with applicable accounting standards (FRS 102). the Statement of Recommended Practice "Acwunting & Reporting by Charities leffeclive 1st January 20191 and the Companies Act 2006.. The financial statements have been prepared on a going concern basis, as the charity's forecasts and projeGts, taking account of reasonably possible changes in fundraising performance, show that the charity should be able to meet ts liabilities as they fall due. The charlty meets Ihe definition of a public benefit entty under FRS 102. Assets and liabilities are init1811y recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. The Trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a signrficant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period. 1.2 Fund Accountlng Unrestricted funds are available for use at the discretion of th8 Tru8tees in furtherance of the general objectives of the Charity. Restrfcted funds 8re subjected to restrictions on their expenditure imposed by the donor or through the terms of a grant. 1.3 Incomo All income is recognised once the company has entitlement to the income. any perfomiance conditions attached to the income have been met, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of Financial Activitie8 on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt. rts recognition is deferred and inGluded in creditors as deferred income. Imieie entitlement Occurs before income is received, the income is accrued. Donations in kind are recognised at reasonable estimates of their gross value to the charity or the amount actually realised. Interest on funds held on deposit is included when receivable and the arnount can be measured reliably by the Charity, this is normally upon notification of the interest paid or payable by the bank. 15
OFF THE RECORD ITWICKENHAM) LTD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024 (continued) 1. Accounting policies (continued) 1.4 Expenditure Expenditure is recognised once there is a legal or constructive obligalion to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably, Expenditure on charitable activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 1.5 Taxation The Chaiity is exempt from Corporation Tax as all of its income in charitable and is applied for charitable purposes. 1,6 Debtors Trade and other debtors are recognised at the Séttlement amount after any trade d5scount offered. Prepayments are valued at the amount prepald net of any trade dlscounts due. 1.7 Cash at bank and in hand Cash at bank and in hand includes cash and short term liquid investments with a short maturty of three months or less from the dale of acquisition or opening of the deposit or similaramount. 1.8 Current a8Set investments Current asset investmenls comprise cash on deposit with a maturity of less than one year held for investment purposes rather than to meet short-term cash commitments as they fall due. They are valued at their fair value. 1.9 Liablllties and provlsions Liabilities ale recognised when there is an obligation al the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estirnated reliably. Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services il must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. 16
OFF THE RECORD (TWICKENHAM) LTD (A company limitsd by guarante8) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024 {continued) 2 . Incomo Unrestricted fund8 Rostricted fun(ts Total Funds Current year Donations and legacies Donations & gifts Gift Aid Donated goods, facllltles and services 69,594 3,700 16,400 89,694 93,320 162,914 3,700 16,400 183,014 93,320 Charitablo activities Sale of services Other income 15,406 2,860 18,266 15,406 2,860 18,266 Other trading activities Fundraising events 9,358 9,358 Inv•stm•nt Incom• nterest 2.323 Totsl incomé 119,641 93,320 212.961 Prior year (Restated) Donations and legacies Donations & gifts Gift Aid Donated goods, facilities and services 79,235 4,459 12,000 95,694 156,398 235,631 4,459 12,000 252,090 156.396 Charltable actlvltles Sale of services Other 19,247 2,000 21,247 19.247 Other trading activities Fundraising events 2,827 2,827 Investrnont incomo Interest 413 413 Totsl income 120,181 156.396 276,577 17
OFF THE RECORD (TWICKENHAM) LTD (A company limitsd by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024 (continued) 3. Expenditure on raising funds All expenditure on raising funds in 2024 and 2023 relates to staging fundraising events. plus £6,000 of expenditure in 2024 relates to remuneration for fixed-term fundraising support. All expenditure on raising funds is unrestricted. 4. Expenditure on charitable activitiès Unrestricted funds Restrictod funds Total lunds Current year Stsff costs - renumeration & oncosts Staff costs- other Professional services- clinical supervision Projecl costs ~ satellite & crisis counselling Office & Admin costs Premises costs IT costs Governance Other costs 103,401 11,741 10,038 15,074 5,316 19,998 5,511 2,472 491 41.172 144,573 11,741 10,038 107,836 5,316 19,998 5,511 2,472 491 92,762 Total expendlture on charltsble actlvltles 133 934 307 976 Prior year (Restated) Staff costs - renumeration & oncosts Staff costs - other Professional sep4ices- clinical supervision Project costs- satellite & crisis ¢ounselling Office & Admin costs Premises costs Governance Other costs 75,554 21,926 13,115 2,561 4,186 14,095 1,703 2,205 53,995 129.549 21,926 13,115 98.281 4,690 14,095 1,703 2.205 95,720 524 Total èxpenditure on charitable activities 135 325 150 239 Fees paid to the Charty's Independent Examiner for the independent examination of the Charity's accounts were £800 (2023: £1,200). No other fees were paid to them. 18
OFF THE RECORD ITWICKENHAM) LTD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 (continued) 5. Restatement of Prior year figures Orlglnal Changes Rostatsd Income Unrestricted funds Donations Gift Aid Donated goods, facilities and seNices Grants Commissions and paid for services Other income Fundraising events Interest 17,732 4,459 61,503 79,235 4,459 12,000 12,000 (4,500) (2,000) 19.247 2,000 2,000 <7.003) 2.827 413 62 000 120 181 4,500 21,247 9,830 413 Restricted funds Donations Grants Donated seNices & facilities 156,396 158,396 206,396 (206,396) 12,000 218396 62.000 156,396 276 577 276 577 Charitable expenditure Unreslricted funds Staff costs (including Other staff costs) Professional services Project costs Office & Admin costs Premises costs Other OTR costs Governance costs 47,480 13,115 50,000 97,480 13,115 2,561 4,166 14,095 1,703 2,561 (2,561) 12,000 (1,835) 1,835 62,000 135 325 6,727 2,095 3,538 370 Restricted funds Staff costs Project costs Office & Admin costs Pretnises costs 103,995 (50,000> 53,995 95,720 95,720 524 524 12,000 212 239 150 239 Restatements have been made to bring the analysis of income and expenditure in line with the Charrties SORP'S requirements. These restatements do not change the previously reported amounts of 19
OFF THE RECORD (TWICKENHAM) LTD (A company limited by guarantee) unrestricted or restricted funds at 31 st March 2023. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 (continued) 6. Staff remuneration costs and pensions 2024 2023 Wages and salaries Social seeurty costs Pension costs Stsff costs 136,875 6,099 1,599 144,573 122,491 5,743 1,315 129.549 No employee received MUneratIon amounting to more than £60,000 in erther year. Total amount paid to key management personnel in the year was £78,792 (2023: £75.631) The average head counl of staff employees In the year was 7 (2023.. 6). The average FTE of staff employees in the year w8s 412023; 4) The Charity operates a defined contribution pension scheme and the assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge of £1,599 (2023: £1,315) were the contributions paid by the Charty to the fund, of whlch £712 (2023: £677) rélated to members of key management personn81. 7. Trustee remuneration & related party transactions No remuneration directly or indirectly out of the funds of the Charity was paid or is payable for the year to any trustee or lo any person or person8 known to be connected with any of them. No trustee or other person related to the Charty had any personal interest in any contract or transaction entered into by the charity during the year. (2023 - nil). Related parties donated £875 in the year (2023, £400). 20
OFF THE RECORD (TWICKENHAM) LTD {A company limitsd by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 (continued) Debtors 2024 2023 Float with payroll provider Accrued income Accounts receivable Prepayments Total 12,100 12,761 11.218 10,900 12,347 1,450 432 25,129 36,079 9. Cash at bank and in hand 2024 2023 Short term deposits Cash at bank Totsl 40,000 7,300 47,300 167,636 117,482 285,118 10. Cr•dltors: Amounts falllng du• wlthln on• year 2024 2023 Accounts payable Taxation and social securlty Other creditors Deferred income Total 418 2,741 10,368 55,000 68,193 1,163 1,581 11. Analysis of net assets Unrestrlcted Restricted funds funds Total Current year Current assets Current liabilities Total 107,565 1.163 33,099 140,664 418 32,681 139 083 Prlor year Current assets Current liabilities Total 236,047 67.288 168 759 74,200 310,247 905 68,193 73 295 242 054 21
OFF THE RECORD ITWICKENHAM) LTD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st PIARCH 2024 {continued) 12. Movements in funds Current year Blfwd at 11412023 Income Expenditure Cffimd at 311312024 Restrlcted Funds Barnes Fund Integrated Care servIs 1 Hampton Fund 1 Hampton Fund 2 Integrated Care Services 2 8,723 64,572 15,800 {11,915) {64,572) {18,000) (9,927) (29,520) 12,608 24,000 24,000 29,520 6,000 14.073 73,295 93,320 (133,934) 32,681 Unrestricted Funds 168,759 119,641 {181,998) 106,402 212 961 315 932 139 083 Barn0$ Fund Fundirtg for 2 Satellite counselling services in the Barnes area Int•grat•d Car• 8•rvlc•$ 1 One-off funding for additional counselling in Kj'ngston and Richmond Hampton Fund 1 Contribution to core salary costs Hampton Fund 2 Funding for 3 satellite counselling services in Hampton, Hampton Hill and Teddington Intsgrated Careservi$ 2 Funding for engagement V+ryth the CAMHS SPA and acLepting referrals, providing a crisis counselling service at the OTR main centre and providing Satellite counselling service8 in WlttOn and Hampton Unrestricted funds include an unrestri¢ted grant of £SS,000 from Richmond Parish Lands Charity tovRrds core costs, plus £16,400 gift-in-kind for donated premises at Church Street by St. Mary's Church, Tvdickenham.
OFF THE RECORD {TWICKENHAM) LTD IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" MARCH 2024 (continued) 12. Movement in funds (continued) Prior year Blfwd at 11412022 Income (Reststsd) Expenditure (Restated) Clfwd at 311312023 R trictéd Funds Barnes Fund Hampton Fund Harlequins SW London I ntegrated Ca SeNices One Richmond Richmond Parish Lands Charity Richmond Parish Lands Covid Fund Richmond Voluntary Fund SW London CCG 6,311 2,395 520 15,776 (13,364) {2,395) (520) (22,428) (1,393) (13,963) 8,723 87,000 64,572 1,393 13.963 1,442 {1,442) (51,287) (43,447) 26,667 14,447 24,620 29,000 67,138 1 56.396 (150,239) 73,295 nrestricted Fun 184,817 120,181 (136,239) 168,759 251955 286 478 242 054 8am•8 Fund Funding for 2 sat811ile coun8elling $8rvices in the 88mes area Hampton Fund Funding for 3 counselling SeNices in Hampton Hill & Teddington Harloqulns Funding for laplcps to faalitate remote o)unselling 8e55ion8 SW London Integrated Care Services One-off funding for addilional counselling in kn'ngslon and Richmond One Rlchmond Funding for a helpline for pantS of vulnerable children in their re Rlchmond Parlsh Lands Charity Funding ft)r cxisis counselling and satellite o)un8elling services Ri¢hmond Parish Land8 Charity Covid grant recaived to provid9 additional counselling to young Feopie during Covld Grant the pandemic Rlchmond Voluntary Fund A Gharilable fvnd into which local community residents donata lo local orgxnisAtion$ that make a difference lo the lives of vulner8ble people in Richmond Ur)on Thames SW London CCG Funding for engagement with the CAHMS SPA and aptIng ferra1$. providing a crisis counselling serwic8 at thé OTR main centre, and providing satellite counselliryJ setvices in WhrttDn and Hamplon Hill Unrestricted funds indude an unrestricted grant of £50,oao from Fli¢hmond Parish Lands Charity towards core costs, plus £12.000 gift-in4(ind for donated premises at Church Street by St. Mary's Churth, Twickenham. 23