Charity No: 1153080 we are here The Foxton Centre Annual Report and Financial Statements Year ended 31 March 2024
THE FoxfoN CENTRE CONTEKrs Trustees and advisors Chairfs report Chief Executlve's report Independent auditorfs report to the trustees 12 StatenEnt of financial activities 15 Balance sheet 16 Cash fltyw ststement 17 Notes to the accounts 18
THE FOXTON CENTRE TRUSTEES AND ADVISORS Trustees: Mr JM Parkinson Mr R Thomas Mr B Cook Mr K Mordue Mr B Green Rev D Craven Ms F Poxon Mr R Williams Ms L Cook Mr J Jackson Ms R Wood Chair Treasurer Advisers: Mr P Greenwood Governance and Finance Chief Executive Officer. Mr J Marsh Senlor Management Personnel: Ms G Briertey Ms C Coffey Operations Manager Monitoriro, Compliance and Youth and Communty Charfty number: 1153080 Auditor: Rotherham Taylor Limited Chartered Acwuntants 21 Navigation Business Village Navigation Business Village Navigation Way Ashton-on-Ribble Preston PR2 2YP Operational address: The Foxton Centre 1 (k12 Oakham Court Preston PR13XP Bank•rs'. Natwest Bank 35 Fishergate Preston PR12AD Page 1
THE FOXTON CENTRE CHAIR'S REPORT The last year has been another period of change for The Foxton Centre with joy and disappointment adding to the usual day to day graft of service delivery to people in the city. Success in attracting funding from the Youth Investrnent Fund to rebuild our Youth and Community centre in Avenham was down to great work by the staff team supported by our youth club members and our professional partners (John Bridge Associates and the qsco). After 55 years the old centre had reached the end of its life, fact confirmed by the discovery of failing RMC concrete which forced a premature c105ure. The building of the new cerrtre is watched eagerly from our nearby temporary home in Preston City Council's Oakham Court and we anticipate opening there in 2025. The work of our tearn supporting street homeless people continues apace at our Day Centre in Fox Street, in our emergency accommodation and in our housing first properties. Wrth increasing numbers of horneless people, our partnerships with the Cty Council, Communty Gateway Association and others have their work cut out to meet the daily needs of those rough sleeping. Both our day centre and our women's centre succeed with support from volunteers and a range of other organisations. A particular mention must go to the Park Medical Practice who provide much needed clinical outreach services in our day centre. Also not8WOrthy are the many contributions of food, Clothing and money from our donors. Donations come in many forms - www.thefoxtoncentre.co. ukjdonate and we are grateful that so many Preston people and org8nisations value the work we do and are prepared to actively support us. As ever, our staff team and volunteers work with enthusiasm. energy and determination to support the users of our range of services. This annual report contains a summary of the great worf( they do and the outcomes they achieve. Volunteers also play a significant role in keeping our Services running and anyone with time and energy to donate is encouraged to get in touch. Drop an email to info thefoxtoncenre.co.uk to find out more. The past year has also been notable for some exlIent work by our trustees who volunteer their time and skills to manage the charity and continue our 55 year presence as a Preston-based organisation. Much of their efforts underpin the day to day work of the staff team by focusing on the stw¢ture, processes and efficiency of the charty and maintailing oversight of our work in accordance with our Constitution and values. The Trustees have some important d contrib isions to take in the coming year and we welcome interest from those who believe they have a ion MrJ Parkinson - Chalr of Trustees Page 2
THE FOXTON CENTRE TRUSTEES, REPORT The trustees have pleasure in presenting their report together with the accounts covering the period to 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended PrtICe (SORP) 'Accounting and Reporting by Charities. {FRS 102) in preparing the annual report and financial statements of the charity. The financÈal ststements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's goveming document. the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in CordanCe with the Financial Reporting Standard applicable in the UK and Republic of Irdand published in October 2019. Structure. govemance and management Organisation of the Charity The Foxion Centre is a registered Charitable Incorporated Organisation and is managed by a Board of Trustees under a Model Constitution dated 4 Juty 2013. The trustees hold at least four ordinary meetings each year to review operations. The day to day management of the centre is entrusted to the Chief Executive Officer and hisstaff. Apart from the first charity trustees. every appointed trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charty trustees. In selecting individuals for appointment as appointed charity twstees, the charty trustees must have regard to the skills. knowledge and experience needed for the effective administration of the CIO. Trustees. Induction and training Most trustees are already familiar with the practical work of the charity and new trust88s ar8 encouraged to familiarise themselves with the Charty and the context wÈthin which it oFerates. The eXtIng board members accept the obligation to fully inform a new m8mb8r of the duties and responsibilities of charity trustees by providing the new trustee with copies of the governing documents, minutes of previous meetings of the trustees.recent annual accounts and annual reports of the charity, a staff handbook and the relevant Charity Commissionpublications relating to the responsibilities of trustees. N8W trustees are encouraged to come in and meet with the staff and service users of the different projects that the Foxton Centre operates. Key management personnel The Foxton Centre employs a Chief Executive OffIr Mr J Marsh, an Operations Manager Ms G Brierley and a Monitoring and Compliance Officer Ms C Coffey. These three staff members manage the organisation on the behalf of the Board of Trustees. The Board of Truslees delegates to the Finance SuGroup all matters relating to pay and rernuneration. Recommendations from the group a constder&J and approved by the full trustees. meeting. Objectives. activities and public benefit The Charity Commission approved charitable objects a undertaken for the public benefrt in Preston and North West England: 1) To advance in lrfe and relieve needs of young people through: a) Th8 provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life" Providing support and activities which develop their skills, capacities and capabilities to enable them to P8rtiCiP8te in society as mature and responsible individuals. Page 3
THE FOXTON CENTRE TRUSTEES, REPORT (CONTINUED) 2} To promote social inclusion for the public benefrt by preventing people from becoming soclally excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society. Forthe purpose ofthis clause 'socially excluded, means being excluded from society. or parts of society. as a result of one of more of the following factors.. unemployment,. financial hardship,. youth or old age- ill health (physical or mental). substance abuse or dependency including alcohol and drugs; discrimination on the grounds of sex, race. disabilty, ethnic origin, religion, belief, creed, sexual orientation or gender re-assignment- poor educational or skills attainment,. relationship and family breakdown,. poor housing (that is housing that does not meet basic habitable stsndards including those who are homeless or at risk of becoming homeless), crime (either as a victim of crime or as an offender rehabilitating into society). 3) The provision and maintenance of a centre for the use of the inhabitants without distinction of political, religious or other opinions, including use for.. a) meetings, lectures and classes, and b) other forms of recreation and leisure-time ¢UpatiOn. with the object of improving the conditions oflrfe for the inhabitants. Th8 trustee8 have referred to 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 objectives. Youth Work The Foxion cent has delivered youth work in Preston for over 50 years, and w8 take pride in our continued support for children and young people from Avenham and Frenchwood. We worked wlth 646 individual youth and communlty members (347 youth, 272 community). Held 686 youth and community 888sions. After we relocated the homeless work from our Knowsley St address to the Fox St premises. It allowed us the opportunty to create space for the Avenham centre to become a full time Youth and Communty Centre. In tandem we have had aspirations to either re-furbish or re-develop that site for some time as the building is 50+ years old and in a poor state. In January 2023 we bid for a grant from a fund offered by the DCMS forthe improvement of or building of newyouth centres across the country. It is pleasing to say that In April 2023 we heard that against some tough opposition Y were one of the projects selected. The staff team and especially Cath Coffey, local professionals including John Bridge Architects and Jake Suther QS Company and most importantly our young people worked really hard to formulate the bid and deserve great credit. Contracts have been signed for both the demolition of the old structure and construction of the new centre. with demoif(ion scheduled to begin in the first week of April 2024. This is a once in a lifetime opportunty for the charity to improve its facilities and despite there being a myriad of problems to work through, the project is on track to be ompleted in 2025. We had planned to have some Celebrations of the 50 + years in the building before r( was closed, sadly these didn't happen as in September 2023 we had to close it immediately. On inspection we discovered RAAC beams in the r¢)of of the centre which were at risk of collapse. Ironically as a result the youth and community team were homeless for a whi18 working out of local schools and church premises. On the 1 November 2023 the team moved into their base at Oakham Court this will be used until the new centre is completed. Page 4
THE FOXTON CENTRE TRUSTEES. REPORT (CONTINUED) Our Warm Hub evolved to become a men's group. This was an altemative to people staying in their homes and either facing isolations, or issues arising from the energy crisis. We started this In January and have supported many individuals on a weekly basis wilh such things as breakfast, pool competitions, bingo, benefrts, and much more. W8 have also established a regular women's group which is steadily growing. In partnership with the Harris Library, we have offered a we8kly Artgroup for anyone in the communty whowishes to attend. This is for some people a therapeutic opportunityto battletheir isolation or help their mental and wellbeing challenges. A number of social prescribers have brought individuals to the group. Some have gone from being withdrawn and not engaging with anyone to coming early and helping set up. The age ranges from 17yrs-70+yrs and are from all over and have a variety of backgrounds. We have provided weekly Yoga each Saturday since May of 2022. Adulls from anywhere can access the group and we allow families and carers to bring their children with them and we support the whole family whilst the team provides yoga and food. We have an established a Friday night Detached work programme working with partn8rs from other agencies aiming to reduce ASB in the city centre. This was in response to a number of dispersal orders placed on young people across Preston city centre. We have worked with both primary and secondary Schools in the community locally and other schwls across Preston which our young people attend. Our regular Youth Groups have continued wth four nights of open access a week. Our groups continue to run from 8-11 yrs and 12-18yrs. We provide all our events, groups and activities with a food option as well. We have 888n an increase in the number of young people who come to us increasingly hungry. We have committed to providing food that they c8n eat and an option to take food home if needed. We support over 20+ young people each evening. Each holiday we provide Holiday Programmes for all of the holidays. These are always planned by young people of our Youth Forum and facilitsted by the youth work team. This included highlights like our Farm Day which attracted 170 people in an afternoon. Our football training weekly. These events are always free of charge. We are active members of the MASP group which looks at preventing young people engaging becoming involved in Criminal Exploitation and carrying knives. We have developed strons links with the police and the Chief Supt Int around prevention of Criminal Exploitation and CSE. We continue to work with Onward homes and mental health serrfices to establish a Hoardlng group that meets fortnightly. This has been an emotional journey for some of the individuals who attend, and they have been grateful to have the space to benefit from a peer support network. We have expanded our youth and community teams to support a six day a week service 52 weeks a year. We have also welcomed in new partners such as Chikjren and Family Wellbeing Service who facilitate our STAY and PLAY in the centre on a weekly basis. This group work is still developing due to the marketing of our centre and the public perception for the change of our use. The team have supported a number of individuals who are 16yrs+ into either supported accommodation or independent accommodation. This hss been a difficutt challenge due to the young people often falling in the gaps bet¥veen statutory services. Page 5
THE FOXTON CENTRE TRUSTEES, REPORT {CONTINUED) We have advrxated for them to access a social worker where possible or more suitable accommodation when needed. We have also supported som8 of our 16tyrs young people into employment, this has been a mix with our partners at McDonalds or local coffee shops. Through our Children in Need partners, w8 have developed a positive partnership with McDonalds across Preston. This involved assisting them with ASB issues and they are supporting us with space and food for young people either on a group work or one to one work or during consultation events. This has been successful through their raising funds for our charity, shopping directly for our clients at Christmas and supporting US with events. Our Youth Forum have gone from strength to strength over the last year and have secured £2 million bid to build a new youth Centre. This includes meeting with designers. architects, filing Short films, discussing with partners. vrtiting applications etc and much more. They have been successful in their accomplishments and receiv recognttion from the NYA for their work on the application. The group have also developed personal skills which included interviewing stsff and appointing them. planning holiday programmes, developing interpersonal skills and rnanaging budgets. We are very proud of everything they have achieved. We have supported a large number of individuals from the local communty around their housing issues. benefit challenges, access to health care across the communiiy. This includes food parcels and phon8 access as and when needed, This includes young people aged 16-25yrs who are living independently or are in supported accommodation. Since the stari of January 2023 we have seen an increase in people wlshing to access our services and requesting support on a one-to-one basis. They report they feel safer coming in now that our services are separated. They feel there is a different atmosphere and are starting to return. They will now drop in during times of crisis and ask us to assist, as well as when they are passing and in need of company. Due to our premises changing our annual pantomime event was held at Frenchwood school this year over nights it Yrds well attended and all the families young and old. enjoyed an amazing time. Homeless Servicos Our howeless services have changed during the year with Preston City Council taking the outreach team in house in September 2023 and the support offered through the Gateway partnership also changed at that point. These changes meant a reduced number of staff in the year but for a variety of reasons in the end we did not have to make anyone redundant. The Foxion Centre's outreach team carried the responsibilty of being the way into the Rough Sleepers Initiative. This was a heavy responsibility, and we were happy that what is really a statutory duty was taken on board by the cty council. Overall, there have been Some dramatic reductions in rough sleepers since 2018 sadly however numbers rose for the last years almost doubling last year in Preston and similar rises across the country. Kenmure Lodge In June 2022 we opened our new 14 bed with ensuite rooms emergency accommodation. Kenmure Lodge, in pathership with Hilldale Housing Association. 6110 bed nights provided. 1765 structured support sessions provlded. 51 people accommodated. 98°A occupancy rate achieved. Page 6
THE FOXTON CENTRE TRUSTEES, REPORT {CONTINUED) We are really prd to be able to offer this qualty of accommodation to rough sleepers in the city. Kenmure is an emergency housing project for rough sleepers in the city of Preston. Kenmure provides 14 ensurte rooms for vuIrTable adults to access support and deal with any issues they face. 5110 nights of accommodation where available at Kenmure, 2 % voids so 98% occupancy. Kenmure offers a wami and safe place providing crucial support, we have delivered 1765 support sessions over the past 12 months, Kenmure provides a stable environment allowing the individuals to access further support serrfices and having that stability. Meals in Emergency accommodation presents unique challenges and opportunities. Cooking can serwe vital actNity that foster a sense of normalcy and communty among the individuals. Sharing meals can provide comfort, promote social interaction, and enhance emotional welkbeing during stressful limes. Kenmure makes sure the individuals meet their nutrient needs and maintsin some of their daily routine, we have offeredlmade available 196 meals per week at Kenmure. External seplices and Volunteers are essential to the effectiveness of Emerg8ncy Accommodation. External services such as healthcare, legal aid, and social support, provide specialised assistance that address the diverse needs of the seNice users. Volunteer5 complement these services by hands on help. Together they recreate a robust support network that enhances the quality of care and accelerates the recovery process of those in emergency accommodation. The length of stay £1 Kenmure varies widely depending on the nature of the crisis and the availabilty of long-tem housing solutions in Preston. Kenmure's longest stay has been 20 mnths with the shortest 2 days. Ensuring smooth and timely transition remains a critical focus to prevent the temporary solution from becoming a prolonged hardship. Throughout the year the numbers staying in emergency accommodation can fluctuate significantly. on an annual basis. 51 individuals have accessed our service with each having a unique story and needs. Day Centre This year has proved to be a very busy one for the operation of the day centre. It 18 the first full year of opening. The centre opens five days a week and provides practical support and well as access to other professionals. In total we saw 449 Indlvlduals There were 252 days where sessions ran. There was a total of 504 sessions offered. {Momlng and afternoon) There was a total of 10584 meals provlded. Activities included arts & crafts, drumming. therapeutic inteNentions, barbers. podiatrists, wellbeing groups, health screening for various conditions. Longer Temi Housing The Foxton centre in partnership with Calico and with the support of the cty council applied for furtPftr funding under a separate programme called the Rough Sleepers Accommodation Project {RSAP} again resourced by th8 Ministry of Housing Communities and Local Government. This provided both capital and revenue funding to purchase properties to be used to house rough sleepers and to provide support to those re-settled. We have developed 4 great qualty houses shared by 8 people under this scheme. Page 7
THE FOXTON CENTRE TRUSTEES, REPORT (CONTINUED) In addition, we continued to run our Housing First project in th8 city currently providing 26 places for former rough sleepers in shared houses and single flats. Utilising these many funding schemes, we continue to accommodate a minimum of 51 people each night throughout our settings. across Preston. Although this client group brings many challenges we are committed to work in partnership and continually evolve our ser4wices to meet their needs. Womens Centre, Streetlink and Women Work The work to redevelop our base for women's work has been a major priorty and was completed at the end of April 2023. We had a fantastic event to relaunch the centre on the 27April 2023. Womens Centre opening 27.4.23. Sesslons 221 (94 drop In and 127 outreach Individuals seen 120. Totsl engagements 640 We now have a building which is fit for purpose with the interior c¢e$1gned wtth th8 women service users. Streetlink Is historically the n8me given to The Foxton Centre's outreach and intensive support work with vulnerable women. The Foxton Women's Centre offers a specialist service to women facing multiple disadvantages who are at significant risk of violence and sexual exploitation. Vle offer safety advic8 and interventions. a confidential reporting mechanism, and access to other specialist services including mental and physical health, sexual health, substance misuse, criminal justice, social care, and housing pathways. We offer intensive and holistic support in a person-centred, trauma-infomied way. Through ¢trproduction with the women, we defined which nights women felt most at risk and have committed to a minimum of 3 nights over the 7 days and on many occasions more evenings and daytime interventions as needed. This work offers drop in and outreach services for all women and young girts. This is the start of building relationships with the women, and we hwle started to provide other seNices and support to the women such as accommodation, sexual violence reporting. UGLY mugs reporting, drug, and alcohol support and much more. A large number of our women are at risk of. or are, activety engaging in street-based sex work and other forms of SUP4ival or transactional sex. We support individuals from initial assessment throughout theirjourney with no limlted timescales. Support is client-led to encourage a trusting relationship with the service. Re-traumatisation is hugely prevalent amongst our women and is one of the many barriers to them engaging. As a voluntary organisation, with over 55 years of standing in the Community, we are a trusted service Consisting of professional staff wh8re women feel safe to be open and honest and engage with in a voluntary relationship. Therefore. we are often the conduit for women to engage WFth statutory services includin9 housing. health, probation, and Children's Social Care. Page 8
THE FOXTON CENTRE TRUSTEES, REPORT {CONTINUED) Going Conc•m The Foxton Centre is fortunate not to be in the position of some charities that have seen their income plummet since the pandemic. Contract income which forms the largest proportion of our funding did vary through the year with a signrficant reduction from Preston Cty Council. however, we were able to re-profile our budget in line with income and contract requirements. Grant funding also plays a major part in the charity's income and has during the last Iwelve months. The allocation of grants is generally between one and three years and we plan for the shortfall at the end of a grant period by incorporating demand for replacement funding in our fundraising strategy. A comprehensive spending review is expected during 2024 which could affect the RSI programme we are hopeful of a continued commitment from central government to support seNices to rough sleepers. Housing Benefit is a major source of income which helps pay for the accommodation we provide our ser4ices have been inspected as part of the Supported Housing Improvement Project. We will continue our effort5 to ensure high occupancy and low arrears on these seNices. We link our fundraising strategy to the priorities established in our business plan to meet any anticipated shortfalls in income to try and bring stsbility to the organisation and our services. Fundrnising The Foxton Centre raises substantial amounts of money and goods from the general public and the relationship beeen our donors and 8UPPOrters and ourselves is very important to us. We approach fundraising in straightforward and ethical manner. We use social media including Facebook and our website to ask for donations of both cash and goods and we undertake specific fund-raising events for example the PNE Big Sleep OUL Many individuals hold small events to raise money to support our charitable activities and we do not currently issue guidance to them for these events. We still have some work to do in further refining our policy in relation to fund raising from the general public we will then make this available to people who might hold a fund-raising event for us. Vve have received no complaints about fund raising activities carried out directly by us or on our behalf during the last year. In the fvrfelve months to March 2024 we have not employed a professional fund-raiser or a commercial partner to raise money for us. We do not use third party collectors on the streets or telephone fundraising. These kinds of approaches have caused concern to many members of the public and Glear hann to some. We woukl never use high pressure approaches to potential donors and do not contact donors un-solicited to ask for further support. Financial Review The charity reported a net surplus for the year of £120,007 comprising a surplus on unrestricted funds of £13.957 and a surplus on restricted funds of £106.050. Details ar8 shown on the Statement of Financial Activities on page In the trustees, opinion, sufficient funds can be generated to enable the centre to continue in operation for the foreseeable futu and fulfil the immediate obligations of the charity. The net assets of the charity at 31 March 2024 amounted to £675.702. Page 9
THE FOXTON CENTRE TRUSTEES, REPORT (CONTINUED) Reserves policy The trustees detemiine a minimum level of unrestricted reserves to be held on the basis of risk-weighted financial forecasts for possible future adverse events. Examples include: Ability to maintain adequate working capital in the event of a signfficant delay in receipt of income, or a requirement to incur significant additional expenditure. Abilty to maintsin service levels in the event of bss of a funding source, until the funding can be replaced, or the ¢harty can be appropriately restructured. In the last resort. abilty to wind up the charity on a solvent basis. hen calculating our reserves requirement. we look at five factors: Cost of closure Working captsl Flexibility to invest for the future Advice from the Charty Cornmission Key risk assessment Allocation of reserves The decision to authorise allocation of any F()rtion of the reseNe will lie with the Board of Trustees as advised by the Financial Sub Commrtiee of the Board. In an emergency, the decision may be made by the Chair of the Board and Treasurer and subject to review at the next available Trustee Board meeting. Malntenance of the Reserve In the event that any portion of the reserve is allccated for use, the Financial Sub Committee at its next meeting will agree a plan and timescale for replenishment of the reserve in the shortest timescale feasible. E.g., following receipt of income for which working capital has been allocated. For the investment p)rtion of the reserve fund. the replenishment of the reserve will not necessarity be either requirement or a priority since the purpose of the investment is to create a longer-tem asset for the benefft of the chariiy. In planning the annual budget, a reserve allocation will be included so as to strengthen the longer-term financial strength of the charty and increase the resenie fund. Through the strength8ning of the reserve in the 'good years,. the charty wil be improving its resilience for when times are financially more challenging. The reserves policy is reviewed annually. Page 10
THE FOXTON CENTRE TRUSTEES, REPORT (CONTINUED) Risk Management The trustees are examining the major strategic, business and operational risks which the charity faces and systems have been estsblished to enable regular reports to be produced so that reasonable steps can be tsken to lessen risks. In accordance with Charity Commission guanCe risks are considered under the following headings: strategy so that the charity is clear where it is going and how it will get there Governance to ensure there is a strong board of trustees and a robust relationship between the board and leadership team Exiernal factors including economic chang8s government policy and stakeholder relationships . Financial matters. including diversty of income supply, cash flow reserves and financial management Operational matters including staffing seNice quality and development health and safety complaints and staffing Legal, including breaches of charity law. employment law and regulatory requirements Volunteers The charity is grateful for the efforts of volunteers who are involved in the delivery of our services. It is estimated that in the 12-month period to the end of March 2024, 2400 volunteer hours were provided for Servi delivery. In addition, the trustees gave in excess of 400 hours. Based on the median gross wage for employees in Preston. which is £16.60 per hour, the finanGial value of volunteer effort amounts to £46,480 for the year. There is not just a financial element to volunteering as it brings many things to our charity, it allows services users the opportuniiy to get involved with cons8qU8nt benefits to health., it brings in new energy and ideas. it's a way into employment at the charity with many other benefft8. Page 11
THE FOXTON CENTRE TRUSTEES, REPORT CONTINUED Trustees, re5ponsibilitles statement The trustees are responsible for preparing the Trustees. Annual Report and the financial statements in accordance with applicable law and regulations. The law applicable to charities in England & Vvales requires the trustees to prepare financial statements for each financial year whh give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: select suitabte acwunting policies and then appty them consistently; obseNe the methods and principles in the Charittes SORP; make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charty will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonabte accuracy at any time the financial position of the charity and enable them to ensure that the financial statements Comply with the Charitie Act 2011. the Charities (Accounts and Reports} Regulations 2008 and the provisions of the trust deed. They re also responsible for safeguarding the assets of the charty and hen for taking reasonable steps for the pr ntion and detection of fraud and other irregularities. The rep and signed on their behalf by: Pilr J Pari(Inson - Chalr of Trustees Page 12
THE FOXTON CENTRE INDEPENDEKfAUDITOR'S REPORTTOTHE TRUSTEES OF THE FOXTON CENTRE Oplnion We have audited the financial statements of The Foxton Centre (the 'charity') for the year ended 31 March 2024 which comprise the statement of financial adivities, the balance sheet, cashflow statement and notes to the financial statements, including a summary of signifant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Stsndard 102 The Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the state of the charity's affairs as at 31 March 2024, and of its incoming resources and application of resources, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice: and have been prepared in accordance wilh the requirements of the Charities Act 2011. Basls for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UFQ) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial ststements section of our report. We are independent of the charity in accordance wrth the ethical requirements that ar8 relevant to our audit of the financial statements in the UK, including the FRC'S Ethical standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audr( evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going conc•rn In auditing the financial statements. we have concluded that the trustees. use of the going concern basis of acwunting in the preparation of the financial statements is appropriate. Based on the work we hav8 performed. we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's abilty to continue as a going concern for a period of at least e1ve months from when the financial statements are authorised for issue. Our r8sponsibilttl8s and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other infomiation The trustees are responsible for the other information. The other information comprises the infomiation included in the trustees, annual report, other than the financial statements and our auditor's report thereon. Our opinion on the financial statements doe5 not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility 15 to read the other information and. in doing so. consider whether the other infonnation is m*rially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially mis-stated. If we identify such material inconsistencies or apparent material mis-ststements. we are required to determine whether there is a material mis-statement in the financial ststements or a material mis- statement of the other information. If, based on the work we have performed, we conclude that there is a material mis-staternent of this other information. we are required to report that fact. We have nothing to report in this regard. Page 13
THE FOXTON CENTRE INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE FOXTON CENTRE (CONTINUED) Matters on whlch we are requlred to report by exe•ption We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you rf, in our opinion: the information given in the financial ststements is inconsistent in any material respect with the trustees, report" or sufficient accounting records have not been kept: or the financial statements are not in agreement with the accounting records; or we have not received all the information and explanations we require for our audit. Responsibilities of trustees As explained more fully in the Trustees. Responsibilities statement set out on page 12, the trustees are responsible for the preparation of financial ststements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material mi-statement. whether due to fraud or error. In pparing the financial statements, the trustees are responsible for assessing th8 charty's ability to continue as a going concern. disclosing, as applicable, matters related to going concem and using the going concem basis of accounting unless the trustees either intend to liquidate the charity or to Gease operations. or have no realistic alternative but to do so. Audltorfs responsibilities for the audit of the financlal statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordan with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material mis-ststement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material mis-statement when it exists. Mis-statements can arise from fraud or error and are considered material if, individually or in the aggregate, they Could reasonably be expected to infiu8nce the economic decisions of users taken on the basis of these financial ststements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We deslgn procedures in line with our responsibilities. outlined above, to detect material mis-statements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting iwularities. including fraud, is detailed beloN: We gained an understanding of the legal and regulatory framework appliGable to the charity and the sector in which it operates and considered the risk of the charity not complying with the applicable laws and Tegulations, including fraud, in particular those that could have a material impact on the financial statements. This induded those regulations directly related to the financial statements. including financial reporting and tax legislation. In relation to the operations of the charty this included ¢ompliance Wbth the Charities Act 2011 and SORP 2019. The risks were discussed wilh the audit team and V remained alert to any indications of non-compliance throughout the audit. Pag8 14
THE FOXTON CENTRE INDEPENDEKf AUDITOR'S REPORT TO THE TRUSTEES OF THE FOXTON CENTRE (CONTINUED) We evaluated management's incentives and opportunities for fraudulent manipulatn of the financial statements (including the risk of override of control8}. Specific audit procedures performed by the engagement team included.. Inspecting minutes of Trustees, meetings Inspecting correspondence with the Charty Commission, HMRC and other regulators Discussions with management including consideration of known or suspected instances of non- compliance with laws and Tegulations and fraud Evaluating management's controls designed to prevent and detect irregularities Identfying and testing journals, and Challenging assumptions and judgements made by management in their accounting estimates. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: YMw.frc.org.uklauditorsresponsibilittes. This description foms part of our auditorfs report. Us8 of our report This report is made solely to the charivs trustees, as a bcKly, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charivs trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent pemitted by law, Y do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have fonned. Nichol mith (Senior Statutory Auditor) For and on behalf of Rotherham Taylor Limited. Statutory Audiior Chartered AGcountants 21 Navigation Business Village Navigation Business Village Navigation Way Ashton-on-Ribble Preston, PR2 2YP Page 15
THE FOXTON CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31 MARCH 2024 Restated Unrestricted Restrlcted Totsl funds funds funds 2024 Total fiin(ts 2023 Note Income and endowmènts from: Donations and legacies Income from charitable activities Investments Other trading activities 85.165 1.675 1,920 670 10,297 2.129,656 95,462 2,131,331 1,920 1,420 89,688 1. 734,296 592 4,360 750 Total incornlng rosources 89.430 2,140,703 2,230,133 1,828,936. Expenditure on: Charitable activities (75.473) (2.034,653) (2,110,126) (1.931, 108) Total resources expended {75,473) (2,034,653) (2,110.126) (1.931, 108) Net movement in funds for the year 13.957 106,050 120,007 (102, 172) Reconciliation of funds 17 Total funds brought foTward 253.535 302,160 555,695 657,867 Total funds carrled forward 267,492 408,210 675,702 555,695 All income and expenditure derive from continuiro activities. Page 16
THE FOXTON CENTRE BALANCE SHEET AS AT31 MARCH 2024 Restated Note Unrestricted Funds Restrlcted Funds Total 2024 Total 2023 Fixed Assets Tangible assets 14 106.064 249,586 251,036 Current Assets Debtors Cash at bank 15 53.134 157.080 63,134 83,928 317.099 186,276 Total current assets 186,276 210,214 396,490 401,027 Liabilities Crediiors.. amounts falling due within one year 16 (24,848) (51.590) (76,438) (96.368) Net current assets 161,428 168,624 320,052 304, 659 Net assets 267,492 408,210 675,702 555 695 The funds of the charlty: 17 Unrestrided income funds Restricted income funds 267,492 267,492 408.210 253.535 302. 160 408.210 Total charity funds 267,492 408,210 675,702 555695 This r as approved by the trustees on..... .and signed on their behalf by: Mr J Parkinson - Chair of Trustees Mr R Thomas - Treasurer Page 17
THE FOXTON CENTRE CASH FLOW STATEMENT FOR THE YEAR TO 31 MARCH 2024 Note Restated 2024 2023 Cash flow from operating activities 20 228,821 224,360 Cash flow from investing actlvltles Payments to acquire tangible fixed assets (204484 (185956) Interest received 1.920 592 Net cash flow from Investlng actlvltles 1202.5641 (18&364) Net increase In cash and cash equlvalents 26,257 38,996 Cash and cash equlvalonts at 1 April 2023 317,099 278, 103 Cash and cash equivalents at 31 Mar¢h 2024 343,356 317,099 Page 18
THE FOXTON CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR TO 31 MARCH 2024 Accounting policies Basis of preparation The Foxton Centre is a Charitable Incorporated Organisation registered in England. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the chariiy's operations and principal activities is detailed within the Trustees. Report. The charity constitutes a public benefft entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recornmended Practice applicable to charities preparing their accounts in accordance wtth the Financial Reporting Stsndard applicable In the UK and Rewblic of Ireland issued in October 2019, th8 Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). the Charities Act 2011 and UK Generally Accepted Practice. The financial statements have been prepared to give a 'tru8 and fairf view and have departed frwi the Charities (AcLounts and Reports) Regulations 2008 only to the extent required to provide a Irue and fairvi8w'. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102} issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The financial statements have been prepared on the going concem basis under the historical cost basis.The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £ The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furth8rance of the general obJ"ectives of the charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charty for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Page 19
THE FOXTON CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR TO 31 MARCH 2024 Accounting policies (continued) Income recognltlon All incoming resources are included in the Statement of Financlal Activities {SoFA) when the charity is legally entitled to the income after any performance conditions have been met. the amount can be measurwj reliably, and it is probable that the income will be received. For donations to be recognised the charty will have been notrfied of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of perfonnance before entitlement Can be obtsined then income is deferred until those conditions are fulty met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled. No amount is included in the financial statements for volunteer time in line wilh the SORP {FRS 102). Further details are given in the Trustees, Annual R8POrt. The Charty receives govemment grants in respect of a number of the restricted projects being undertaken. Income from government and other grants are r8cognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the Inco will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. Interest on funds held on deposit is included when receivable and the amount can b8 m8asur8d r81ia)ly by the charity" this is normally upon notification of the interest paid or payable by the bank. Other income includes the invoices raised to universlties in resped of students undertaking work experi8nce placements wilh the charity. Income is recognised when the charity is legalty entitled to the income after placements have taken place. the amount can be measured reliably and it is probable that the income will be received. Expendlture All exp8nditure is cOunted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity heading.. Expenditure on charitabEe activities includes the costs of all of the projects undertaken by the Charity and related support costs. Irrecoverable VAT is charged as an expense against the activty for which expenditure arose. Page 20
THE FOXTON CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR TO 31 MARCH 2024 Accountlng pollcles (Contlnued Tanglble fixed assets Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directty attributable to making the asset Capable of operating as intended. Individual red assets costing £500 or more are capita15sed at cost and are depreciated over th8ir estimated useful economic lives on a straight line basis as follows: Asset category Freehold Buildings Leasehold Property Improvements Computer Equipment Fixtures and Fittings Motor Vehicles Annual rate 20A 33°/ts 330 20% 251• Freehold land is not depreciated. Buildings under construction are accounted for at cost. They are not depreciated until the accounting period in which they are brought into use. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking acwunt of any trade discounts due. Credltors Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third paty and the arnunt due to settle the obligation Can be measured or estimated r81iabty. Creditors ar8 nomially r8cognised at their settlement amount after allowing for any trade discounts due. Financial instruments The charty only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially r8cogni8ed at transaction value and subsequently measured at their settlement value. Employee benefits When employ*s have rendered service to the charity, short-temi employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. Judgements and key sources of estlmatlon uncertalnty There have b88n no judgements (apart from those involving estimates) made in the process of applying the above accounting policies that have had the most significant effect on amounts recognised in the financial statements. There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjuslment to the carrying amounts of assets and liabilities wtthin the next financial year. Page 21
THE FOXTON CENTRE NOTES TO THE AccouKrs FOR THE YEAR TO 31 MARCH 2024 Accountlng pollcles (contlnued) Going concern The financial ststements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concem. Legal status of the charity The Foxton Centre is a UK Charitable Incorporated Organisation (CIO) which is govemed by f(s constitution document. The CIO may be dissolved by resolution of ts members. Any decision by the members to wind up or dissolve the CIO can only be mad8'. a) at a general meeting of the members of the CIO called in accordance with dause 19 (General meetings of members), of which not less than 14 days, noti has been given to those eligible to attend and vote: O) by a resolution passed by a 750/0 majority of those voting, or (li) by a resolutM)n passed by d8cision taken without a vote and without any expresslon of dissent in response to the question put to the general meeting: or b) by a resolution agreed in writing by all members of the CIO. If the CIO is to be wound up or dissolved in any other circumstances. the provisions of the Dissolution Regulations must be followed. Donations and legacies 2024 2023 Donations from individuals and corporate donors: Unrestricted funds: General Marketing & communications 73,715 11A50 85.165 26.929 33. 688 60.617 Restrlcted funds: Youth link Homeless hub 500 28,571 10.297 29,071 95 2 89688 Total Page 22
THE FOXTON CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR TO 31 MARCH 2024 Income from charitable activities Grants received Restated 2024 2023 Unrestricted grants: C8ntral costs 20,007 20,007 1,675 Restrfcled grants: Rough sleeperfs accommodation programme Youth link Homeless serrficeslrough sleepers initiative Str88tlink Central costs Mp4or Renovations to Leasehold Property Youth Centre Project Project 360 Kenmure Lodge Homeless hub 143.697 194,236 10,306 86,396 94,524 709,279 107,942 109,381 30.241 280,661 379,887 384,914 3S1,241 196,691 683.232 681.217 2.129,656 1. 714.289 Total 2.131,331 1,734.296 Investm8nts 2024 2023 Bank interest 1,920 592 Other trading activities 2024 2023 Unrestrlcted other tradlng actlvltles: Central costs 670 360 Restricted other trading activities: Community Homeless Hub 750 750 Total 1.420 4,360 Page 23
THE FOXTON CENTRE NOTES TO THE AccouKrs FOR THE YEAR TO 31 MARCH 2024 Analysls of expendlture on charltable actfvftles Unrestrfcted funds Restricted Funds Total funds 2024 Total funds 2023 Charitsble activities: Salaries Propety costs Officeladministration Depreciation Project costs Management charges 84,290 20,406 120.552 33,124 216 197615 852,769 779,009 59,717 66,742 78,801 197615 937.059 799,415 180,269 99,866 79,017 984,028 567,844 184,035 90,265 90,989 Total charitable activities 60,973 2.034,653 2.095,626 1.917.161 Support costs (note 8) 14,500 13,947 Total 75 73 2 034,653 2 110 126 1931.108 Anatysis of support costs (governance) 2024 2023 Auditorfs remuneration Other accountancy fees 8.100 8,100 6,400 5,847 14 500 13 947 Page 24
THE FOXTON CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR TO 31 MARCH 2024 Not expendituro for the period This is stated after charglng: 2024 2023 Depreciation Auditors, remuneration: Audit fees Other accountancy servi5 99.869 90,265 8,100 6.400 8, 100 5,847 10 Analysis of staff costs and trustee remuneration and expens8s 2024 2023 Wages and salaries Social security and costs Pension costs 719,337 201,546 16,176 937,059 744,257 222,592 17,179 984,028 No employees had emoluments in excess of £60.000 in the current and previous years. The charity trustees wer8 not paid or received any benefits from employment with the charty in the current and previous years. No charity trustee received payment for professional or other services supplied to the charity in the current and previous years. 11 Staff Numbers The average monthly head count during the year was as follows.. 2024 2023 Youth, Communty and Social Workers 37 36 Administration of charity 41 40 Page 25
THE FOXTON CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR TO 31 MARCH 2024 12 Relat•d party transactions There were no transactions with trustees or connected persons during the period. 13 Trustees. and key management personnel remunerntion and expenses The trustees neither received nor waived any remuneration during the current and previous years. The total employee benefits received by key management personnel were £159,190 (2023: £161,646). The charity considers its key management personnel to comprise of the Chief Executive offir, Governance and Finance Advisor, Operations Manager and Monitoring and Compliance Officer. None of the trustees are accruing pension benefits in the current and previous years. The trustees did not have any expenses reimbursed during the current and previous years. 14 Tanglble flxed assets Buildings under Constructlon Froehold Land and Bulldlngs Lgasehold Computer Property Equlpmont Improvoments Flxtures Motor and Vehlcles Flttlngs Total Cost At 1 April 2023 Additions At 31 March 2024 95,290 220,266 49,115 30,096 61,107 7,600 414,9 204,484 7,600 618 843 153,401 153,401 95.2 32,064 61,107 Dèprè¢lallon At 1 Aprll 2023 Charge for the year Al 31 March 2024 3,810 1.907 101,238 83,230 29,948 798 22.440 12.222 5.888 163.324 1,712 99,869 7,6(K) 263,193 Not book valu• At 31 March 2024 Al 31 March 2023 153,401 89,573 84,913 1,318 26,445 38,667 1,712 261.036 IS Debtors Restated 2024 2023 Other debtors 53 134 83,928 53.134 83,928 Page 26
THE FOXTON CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR TO 31 MARCH 2024 16 Creditors: amounts falling due within one year 2024 2023 Trade Creditors Accruals other taxation and social security Other creditors 38,656 17,407 12,139 14,731 16,580 17,870 9,063 46.360 76 438 96,368 Deferred Income 2024 2023 Balance as at 1 April 2023 Amount released to income from charitable activities 32,000 52. 196 (32.000) (52. 196) Amount deferred in the period 32,000 32,000 17 Anatysls of eharitabla funds Restated Brought fOard at 1 April 2023 Income Expendlture Carrled forward at 31 March 2024 Totsl restricted funds 302.160 2,140,703 (2,034,653) 408,210 Unrestricted funds 253,535 89,430 (75,473) 267,492 Total funds 555.695 2 230 133 {2,110,126 675 702 Analysis of charitable funds- previous year {restated> Restated Brought forward at 1 April 2022 Income Exponditure Carried forward at 31 March 2023 Total restricted funds 352.293 1,751,360 11,801.493) 302,160 Unrestricted funds 305,574 77,576 1129.615) 253,535 Total funds 657,867 1828 936 (1,931,108 555,695 Page 27
THE FOXTON CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR TO 31 MARCH 2024 18 Analysls of net assèts betw•on funds Unrestricted Fund Restricted Fund Total Tangible fixed assets Cash at bank and in hand Other net (liabilities}Icurrent assets 106,064 186,276 24,848 267 492 249,588 157,080 355,650 343,3 23,304 675.702 408 210 Analysls of net assets between funds - previous year {restated> Unrestrlcted Fund R•stricted Fund Total Tangible fixed assets Cash at bank and in hand other net current assetsl{liabilities) 138,409 331, 134 7,617 477, 160 112,627 (14,035) 20, 057) 78, 535 251,036 317,099 555 695 19 Operatlng lease commitments Total future minimum lease payments under non-cancellable operating leases as folkjws: Land and bulldlngs 2024 2023 Expiring- wrthin 1 years Other Expiring- Wrthin 1 year 401 369 20 Reconciliation of net expendituro to nat cash flow from operating activities 2024 2023 Net incomel(expenditure) for the year 120.007 (102. 172) Interest receivable Depreciation tangible fixed assets Decrease in debtors (Decrease)l increase in creditors Net cash flow from operating activities (1,920) 99,869 30,794 (592) 90,264 225,057 224 360 21 Prlor year adjustment and reclasslflcatlons The comparative figur88 hav8 be8n restated to incorporate an overstatement of reported income. The impact of the restatement Is a decrease in incoming resources. debtors and total charity funds of £182.507 as previously reported for the year ended 31 March 2023 and as at that date. In addition, amounts of unrestricted grant income of £611,845 and £2.100 for the year ended 31 March 2023 have been reclassified in the comparative period as restricted grant income and unrestricted donations respectively. Page 28