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← Aching Arms

2024-07-31-accounts

Charity number: 1153296

ACHING ARMS

Trustees’ Report and Unaudited Financial Statements

For The Year Ended 31 July 2024

Mansell & Co Chartered Certified Accountants 5 Ducketts Wharf South Street Bishops’ Stortford Hertfordshire CM23 3AR

ACHING ARMS

Contents

Page
Reference and Administration Information 1
Trustees’ Annual Report 2-5
Independent Examiners Report 6
Statement of Financial Activities 7-8
Balance Sheet 9
Notes to the Unaudited Financial Statements 10-17

ACHING ARMS

Reference and Administration Information

Trustees

Sundeep Kaur - Chair Sarah Atkinson – Treasurer (Resigned 21/09/2024) Donna Dunn – Interim Treasurer Melissa Barclay Andrew Morris Anna Clancy (Resigned 12/06/2024)

Chief executive officer Leanne Turner

Charity registration number 1153296

Business address

33 Victoria Road Brentwood Essex CM14 5DR

Website www.achingarms.co.uk

Bank

HSBC UK Bank Plc Brentwood Branch 91 High Street Brentwood CM14 4RU

Independent examiner

Wilton Lyndon Ltd T/A Mansell & Co. Chartered Certified Accountants 5 Ducketts Wharf South Street Bishop’s Stortford Herts CM23 3AR

Page 1

ACHING ARMS

Trustees’ Annual Report for the Year Ended 31 July 2024

The Trustees present their annual report together with the financial statements of the charity for the year 1 August 2023 to 31 July 2024 and confirm they comply with the requirements of the Charities Act 2011, the trust deed and the Charities SORP.

The Trustees who served during the year were:

Sundeep Kaur - Chair Sarah Atkinson – Treasurer Anna Clancy Melissa Barclay Donna Dunn Andrew Morris

Objectives and Activities

a. Policies and objectives

To promote and protect the health (including, but not limited to, the mental health and well-being) of parents, their families and friends when a baby dies in utero, at birth or soon after birth (“baby loss”).

To advance education about the experience of baby loss particularly, but not exclusively, amongst healthcare professionals.

To support and promote research into baby loss and the methods of alleviating suffering arising from baby loss and to disseminate the results of such research.

b. Principle activities

Aching Arms provides comfort teddy bears to parents whose baby has died during pregnancy, birth or infancy. They donate bears to parents via maternity health professionals and befriending groups in the UK. The bears are used to discuss support available to parents. The charity also leads awareness training for health professionals and hosts a telephone befriending service for bereaved parents.

c. Public benefit

The Trustees have developed their strategic plans to ensure that the charity plans provide public benefit and achieves its objectives as set out in the Foundation Constitution. The Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance ‘Public benefit: reporting (PB3).

Achievements and performance

From 1[st] August 2023 until the end of July 2024, Aching Arms continued to support bereaved families, supply comfort bears to thousands of families and extend its services to meet the increasing demand and tailor its support for parents who experience the loss of their baby during pregnancy, at birth or soon after. We have successfully launched a support guide for bereaved fathers, this is a unique resource and demonstrates our innovative approach to supporting bereaved families.

This year ends just days before the 12[th] anniversary of our registration with the Charity Commission in England and Wales and 14 years since the charity was founded. We set this year’s budget with optimism and a commitment to invest in the charity’s growth both by expanding the staff team and establishing premises in the West Midlands. These decisions were made with a belief in continuing to strive forward after the impact felt by the Covid19 pandemic.

Page 2

ACHING ARMS

Trustees’ Annual Report for the Year Ended 31 July 2024

Our optimistic outlook continues to be affected by the cost-of-living crisis, causing a squeeze on household budgets, uncertainty in the financial markets with a General Election called for part way though our financial year, the war in Ukraine and Gaza continuing to cause a hike in utilities prices and donors prioritising support for those in need living in conflict zones at in deprived communities in the UK.

Although, household budgets remain tight, we still managed to increase our income on the previous financial year and keep our spending in line with our budget, which is testament to the commitment our supporters have to ensuring we can continue our work. However, we have seen for the first time that our expenses outweigh our income causing a shortfall. Keeping in mind we started the year with very high reserves, we are ending the year with 6 months of reserves which is in line with guidance from the Charity Commission.

In Summary:

As we approach 2025 we are reviewing our aims as set out in our 2022-2025 Strategic Plan. All areas have progressed really well.

We have more maternity services choosing to include our comfort bears in their bereavement pathway and our Supporting Arms service continued to evolve and enhance the quality of care we offer. There has been increased engagement directly with NHS Trusts and local health care providers.

Our training programmes, for health professionals and the business community continue to be positively received and requested.

Participation in sporting and challenge events has seen a big increase, with more first-time fundraisers getting involved and the return of previous fundraisers.

The momentum of our Be Together Programme has picked up after a slow start in Spring/Summer 2023. Some beautiful support stories have come from each event. Due to some delays beyond our control, it was agreed with the funders to extend our grant to Summer 2025.

We’ve had very successful grant applications, recruited staff to roles in Corporate Fundraising and Research and extended our Bereavement Care Team.

Our systems for storing and using data continue to improve and we are now effectively using our Customer Relations Management System (CRM) to store personal data including our Dedication List for our bears, collect donations, fundraiser registration and the function of our postal bears, hospitals bears and the Dad’s support guide.

Financial review

a. Going concern

The Trustees continue to assess the impact of various economic and social challenges including inflation, interest rates, cost of living crisis etc. We have taken these into consideration in planning for our finances and operations for the coming year.

Cash flow forecasts and budget projections have been reviewed and the Board of Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, it continues to adopt the going concern basis in preparing the financial statements.

Page 3

ACHING ARMS

Trustees’ Annual Report for the Year Ended 31 July 2024

b. Reserves policy

The Trustees regularly undertake a review of the financial activities to ensure the charity has sufficient reserves in order to operate in both the short and longer term.

The charity’s reserve policy is to maintain liquid funds equal to at least six months’ core costs, which are primarily bear purchases and deliveries, salaries and premises costs. This level of reserves has been met throughout the year.

c. Financial performance

Our main income comes from donations and fundraising, amounting to £214,452 in the year (2023: £236,503). Merchandise sales were £11,587 in the year (2023: £13,627). Total income reached £299,478 (2023: £293,585).

Expenditure for the year was £394,384 (2023: £278,395), resulting in a current deficit of £94,906 (2023: surplus of £15,190).

Structure, governance and management

a. Constitution

The charity is controlled by its governing document.

b. Method of appointment or election of Trustees

The Board of Trustees carries out regular reviews to identify any gaps in the knowledge and experience of our Board needs to further Aching Arms work. Potential new trustees are required to submit an application form, and if taken forward they are then invited to attend a Board meeting, following which they attend an interview, and if both parties are happy and willing to continue, their application is submitted to the next scheduled trustees meeting for confirmation of appointment. New trustees are provided with access to relevant policy and procedure documents that are appropriate to the role they undertake as trustees.

c. Risk management

We continue to assess, review and plan for all risks the organisation may face now and in the future. All new projects and activities developed and run by Aching Arms undergo a risk assessment before they begin. This process highlights awareness to the potential risks faced and will assist with the development of robust contingency plans.

The trustees have identified the risks to which the charity is exposed and have implemented procedures to manage those risks. The risks of the charity are reviewed at Trustee meetings on a regular basis.

Plans for the future

We continue to have ambitious growth plans for the future. Offering Aching Arms bears either through hospitals or directly by post to an increasing number of parents whose baby has died is at the core of everything that we do and will continue to be our focus. In addition, we will continue our support services for bereaved families in the following areas: 1. maintaining the ‘Supporting Arms’ service that was launched in 2020; 2. Extending the reach to ‘Supporting Arms for Dads’ service; 3. Continuing the ‘Be Together’ program in 2024-25; 4. Supporting siblings through loss; 5. Supporting families whose loss was longer ago; and 6. Ensure our services are inclusive and accessible to families from diverse communities, including those with disabilities and ethnic minorities.

Page 4

ACHING ARMS

Trustees’ Annual Report for the Year Ended 31 July 2024

Statement of Trustees’ responsibilities

The trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 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 charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the Board of Trustees on 12[th] February 2025 and signed on their behalf by:

sundeep kaur

sundeep kaur (Feb 19, 2025 22:29 GMT)

Sundeep Kaur – Chair

Page 5

ACHING ARMS

Independent Examiner’s Report for the Year Ended 31 July 2024

Independent examiner’s report to the trustees of Aching Arms

I report to the trustees on my examination of the financial statements of Aching Arms (‘the charity’) for the year ended 31 July 2024 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.

This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.

Independent examiner’s statement

Since the CIO’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ACCA, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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 financial statements to be reached.

Stephen Pinder

Stephen Pinder (Feb 20, 2025 07:53 GMT)

Stephen Pinder FCCA MAAT Mansell & Co Chartered Certified Accountants 5 Ducketts Wharf South Street Bishop's Stortford Hertfordshire CM23 3AR Date: 12[th] February 2025

Page 6

ACHING ARMS

Statement of Financial Activities (including Income & Expenditure Account)

for the Year Ended 31 July 2024

Income from:
Donations and fundraising
Merchandise sales
Gift aid
Brentwood grant
Amazon smile
Lottery grant
Other income
Total income
Cost of sales:
Purchases
Direct costs
Postage and packing
Gross profit
Expenses: (analysed below)
Employment costs
Establishment costs
General administrative expenses
Finance charges
Depreciation charges
Interest payable
Total expenditure
Net income / (expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Notes
2
10		 31.07.24
Unrestricted
Restricted
Total
funds
funds
funds
£
£
£
186,977
27,475
214,452
11,587
-
11,587
28,210
-
28,210
-
-
-
-
-
-
-
-
-
45,229
-
45,229		 31.07.23
Total
funds
£
236,503
13,627
23,712
-
2,030
-
17,713
272,003
27,475
299,478		 293,585
(50,188)
-
(50,188)
(8,550)
(2,411)
(10,961)
(11,896)
(447)
(12,343)		 (13,285)
(6,247)
(13,072)
(70,634)
(2,858)
(73,492)		 (32,604)
201,369
24,617
225,986
(227,567)
(15,057)
(242,624)
(8,541)
-
(8,541)
(53,799)
(12,319)
(66,118)
(2,200)
-
(2,200)
(1,409)
-
(1,409)
-
-
-		 260,981
(169,500)
(3,868)
(69,182)
(2,026)
(1,215)
-
(293,516)
(27,376)
(320,892)		 (245,791)
(92,147)
(2,759)
(94,906)
-
-
-		 15,190
-
(92,147)
(2,759)
(94,906)		 15,190
213,142
50,309
263,451		 248,261
120,995
47,550
168,545		 263,451

The above results were derived from continuing operations.

The charity has no recognised gains or losses for the year other than the results above.

Page 7

ACHING ARMS

Statement of Financial Activities (including Income & Expenditure Account)

for the Year Ended 31 July 2024

Employment costs:
Wages and salaries
Staff NIC (Employers)
Staff pensions
Staff training
Establishment costs:
Rent
Insurance
General administrative expenses:
Telephone and internet
Computer software and maintenance costs
Office costs
Trade subscriptions
Travel and subsistence
Advertising and website costs
Accountancy and bookkeeping fees
Consultancy fees
Legal and professional fees
Finance charges:
Bank charges
Depreciation charges:
Depreciation of office equipment
Interest payable:
Other interest payable		 31.07.24
Unrestricted
Restricted
Total
funds
funds
funds
£
£
£
205,939
14,877
220,816
13,486
-
13,486
4,915
-
4,915
3,227
180
3,407		 31.07.23
Total
funds
£
160,015
3,718
3,313
2,454
227,567
15,057
242,624		 169,500
7,910
-
7,910
631
-
631		 3,285
583
8,541
-
8,541		 3,868
1,802
-
1,802
3,854
2,993
6,847
11,996
1,650
13,646
1,716
-
1,716
6,356
808
7,164
10,361
206
10,567
8,160
-
8,160
4,860
6,662
11,522
4,694
-
4,694		 1,067
5,271
5,236
4,607
5,495
21,496
6,960
16,470
2,580
53,799
12,319
66,118		 69,182
2,200
-
2,200		 2,026
1,409
-
1,409		 1,215
-
-
-		 -

Page 8

ACHING ARMS

Balance Sheet as at 31 July 2024

Fixed assets
Tangible assets
Current assets
Stocks
Cash at bank and in hand
Debtors
Creditors:Amounts falling due within one year
Net current assets
Net assets
Charity funds
Unrestricted funds
Restricted funds
Total funds		 Notes
6
7
8
9
10		 2024
£
£
2,445
37,121
140,298
1,076
178,495
(12,395)
166,100
168,545
120,995
47,550
168,545		 2024
£
£
2,445
37,121
140,298
1,076
178,495
(12,395)
166,100
168,545
120,995
47,550
168,545		 2023
£
£
2,491
42,262
225,220
1,200
268,682
(7,722)
260,960
263,451
213,142
50,309
263,451		 2023
£
£
2,491
42,262
225,220
1,200
268,682
(7,722)
260,960
263,451
213,142
50,309
263,451
178,495
(12,395)		 268,682
(7,722)
168,545 263,451
120,995
47,550		 213,142
50,309
168,545 263,451

Approved and authorised by the trustees on 12[th] February 2025 and signed on their behalf by:

sundeep kaur sundeep kaur (Feb 19, 2025 22:29 GMT)

Sundeep Kaur - Chair

Page 9

ACHING ARMS

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

1. Accounting policies

Summary of significant accounting policies and key accounting estimates

The principle accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The charity is a public benefit entity and these financial statements have been prepared in accordance with ‘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) (Second Edition)’ and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice.

Basis of preparation

The financial statements have been prepared using the historic cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities..

Tax

The charity is exempt from corporation tax on its charitable activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Office equipment

Depreciation method and rate 4 years straight line basis

Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Page 10

ACHING ARMS

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2. Other trading activities

2.
Other trading activities
2024
2023
£
£
Grants and subsidies 41,994
16,315
Post and packaging 8
-
Interest received 3,227
1,398
45,229
17,713

3. Net income/(expenditure)

Net income/(expenditure) is stated after charging/(crediting):

3.
Net income/(expenditure)
Net income/(expenditure) is stated after charging/(crediting):
2024
2023
£
£
Depreciation expense 1,409
1,215
Independent examiners fees 3,120
3,000
4,529
4,215

4. Trustees’s remuneration and benefits

There were no Trustees’ remuneration or other benefits for the year ended 31 July 2024 nor for the year ended 31 July 2023.

Trustees’ expenses

There were no Trustees’ expenses paid for the year ended 31 July 2024 nor for the year ended 31 July 2023.

Key management personnel

The charity considers its key management personnel to consist of the Trustees and Chief Executive Officer. Key personnel remuneration consisted of gross pay £44,880 (2023: £45,110), employer’s NI contribution £4,938 (2023: £5,055) and employer’s pension contribution £1,159 (2023: £1,072).

Page 11

ACHING ARMS

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

5. Staff costs

5.
Staff costs
2024
2023
£
£
Wages and salaries 220,816
160,015
Social security costs 13,486
3,718
Otherpension costs 4,915
3,313
239,217
167,046
The average monthly number of employees during the year was as follows:

2024
2023
Full-time equivalents 8
8
No employee received emoluments in excess of £60,000.

6. Tangible fixed assets

Office
Equipment

£
Cost
As at 1 August 2023 4,848

Additions		 1,363
As at 31 July2024 6,211
Depreciation
As at 1 August 2023 2,357

Charge for the year		 1,409
As at 31 July2024 3,766
Net book value
As at 31 July2024 2,445
As at 31 July 2023 2,491
7.
Stock
2024
2023
£ £
Stock 37,121
42,262
8.
Debtors
2024
2023
£
£
Trade debtors 1,076
1,200

Page 12

ACHING ARMS

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

9. Creditors

Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
2024
2023
£
£
Due within one year
Trade creditors 5,788
1,049
Other creditors 949
846
Taxation and social security 2,538
2,827
Accruals and deferred income 3,120
3,000
12,395
7,722

Page 13

ACHING ARMS

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

10. Movement in funds

Net
Transfers
Balance at
movement
between
Balance at
01.08.23
in funds
funds
31.07.24
£
£
£
£
Unrestricted funds
Be together 4,910
326
-
5,236
Community events 433
-
-
433
Health professional training 150
-
-
150
Supporting arms – Lloyds bank 16,150
-
-
16,150
Supporting arms – St James Place 3,758
9,293
-
13,051
Volunteer expenses – Community events 1,000
-
-
1,000
Wesleyan -
1,749
-
1,749
General fund 186,741
(103,515)
-
83,226
213,142
(92,147)
-
120,995
Restricted funds
Bear hug -
2,694
-
2,694
Bears in memory 1,694
-
-
1,694
Brentwood grant 3,915
(2,993)
-
922
Globals make some noise 22,224
467
-
22,691
Lottery grant 4,067
(4,931)
-
(864)
Northern Ireland 1,588
-
-
1,588
Operations (bear distribution) – Openwork Foundation -
775
-
775
Postal bears -
(413)
-
(413)
Provide -
(1,400)
-
(1,400)
Reward finance 7,658
-
-
7,658
Social media 400
-
-
400
St James Place 6,787
-
-
6,787
Staff rewards 635
-
-
635
Telephone 95
-
-
95
Wales fund 1,246
(122)
-
1,124
Women andgirls -
3,164
-
3,164
50,309
(2,759)
-
47,550
Total funds 263,451
(94,906)
-
168,545

Page 14

ACHING ARMS

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Net movement in funds, included in the above are as follows:

Net movement in funds, included in the above are as follows:
Net
Incoming
Resources
movement
resources
expended
in funds
£

£
£
Unrestricted funds
Be together 360
(34)
326
Community events -
-
-
Health professional training -
-
-
Supporting arms – Lloyds bank -
-
-
Supporting arms – St James Place 15,000
(5,707)
9,293
Volunteer expenses – Community events -
-
-
Wesleyan 2,000
(251)
1,749
General fund 254,643
(358,158)
(103,515)
272,003
(364,150)
(92,147)
Restricted funds
Bear hug 2,700
(6)
2,694
Bears in memory -
-
-
Brentwood grant -
(2,993)
(2,993)
Globals make some noise 19,000
(18,533)
467
Lottery grant -
(4,931)
(4,931)
Northern Ireland -
-
-
Operations (bear distribution) – Openwork Foundation 775
-
775
Postal bears -
(413)
(413)
Provide -
(1,400)
(1,400)
Reward finance -
-
-
Social media -
-
-
St James Place -
-
-
Staff rewards -
-
-
Telephone -
-
-
Wales fund -
(122)
(122)
Women andgirls 5,000
(1,836)
3,164
27,475
(30,234)
(2,759)
Total funds 299,478
(394,384)
(94,906)

Page 15

ACHING ARMS

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

10. Movement in funds – continued

Comparatives for movement in funds

Comparatives for movement in funds
Net
Transfers
Balance at
movement
between
Balance at
01.08.22
in funds
funds
31.07.23
£
£
£
£
Unrestricted funds
Be together 4,955
(45)
-
4,910
Community events 433
-
-
433
Health professional training -
150
-
150
Supporting arms – Lloyds bank 16,000
150
-
16,150
Supporting arms – St James Place 1,270
2,488
-
3,758
Volunteer expenses – Community events 1,000
-
-
1,000
General fund 194,288
(18,700)
11,153
186,741
217,946
(15,957)
11,153
213,142
Restricted funds
Bears in memory -
1,694
-
1,694
Brentwood grant 6,132
(2,217)
-
3,915
Globals make some noise -
22,224
-
22,224
Lottery grant 4,067
-
-
4,067
Northern Ireland -
1,588
-
1,588
Operations (bear distribution) – Openwork Foundation 10,000
-
(10,000)
-
Postal bears 434
(434)
-
-
Reward finance -
7,658
-
7,658
Social media -
400
-
400
St James Place 7,940
-
(1,153)
6,787
Staff rewards 635
-
-
635
Telephone -
95
-
95
Wales fund 1,107
139
-
1,246
30,315
31,147
(11,153)
50,309
Total funds 248,261
15,190
-
263,451

Page 16

ACHING ARMS

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Comparatives net movement in funds, included in the above are as follows:

Net
Incoming
Resources
movement
resources
expended
in funds
£

£
£
Unrestricted funds
Be together 85
(130)
(45)
Community events -
-
-
Health professional training 150
-
150
Supporting arms – Lloyds bank 150
-
150
Supporting arms – St James Place 3,250
(762)
2,488
Volunteer expenses – Community events -
-
0
General fund 254,089
(272,789)
(18,700)
257,724
(273,681)
(15,957)
Restricted funds
Bears in memory 1,694
-
1,694
Brentwood grant -
(2,217)
(2,217)
Globals make some noise 24,015
(1,791)
22,224
Lottery grant -
-
-
Northern Ireland 1,660
(72)
1,588
Operations (bear distribution) – Openwork Foundation -
-
-
Postal bears -
(434)
(434)
Reward finance 7,858
(200)
7,658
Social media 400
-
400
St James Place -
-
-
Staff rewards -
-
-
Telephone 95
-
95
Wales fund 139
-
139
35,861
(4,714)
31,147
Total funds 293,585
(278,395)
15,190

11. Related party transactions

There were no related party transactions for the year ended 31 July 2024.

Page 17

Aching Arms - Final Accounts 31 July 2024 Final Audit Report 2025-02-20

Created: 2025-02-12 By: Darren White (DARREN@MANSELLANDCO.ORG) Status: Signed Transaction ID: CBJCHBCAABAAS8ixwPYWeSPWsdOslYtRtDbhnhQH6mB0

"Aching Arms - Final Accounts 31 July 2024" History

2025-02-12 - 12:52:21 GMT

Document emailed to chair@achingarms.co.uk for signature

2025-02-12 - 12:53:19 GMT

2025-02-19 - 22:29:10 GMT

Signature Date: 2025-02-19 - 22:29:35 GMT - Time Source: server

2025-02-20 - 07:53:06 GMT