The Furnival
(Registered charity number 1154656)
(Company limited by guarantee. Registered Number 08582273)
FINANCIAL STATEMENTS
for the year ended 31 August 2024
Contents
Page
Legal and administrative information
Trustees, report
Examinerfs report
Statement of financial activities
Balance sheet
Not8S to the accounts
9-10

The Furnival
Legal and admlnlstratlve Information
Directors
Mr l F Cloke
MrRJCKeene
Mr M Power
Mrs L Johnson
Registered Charity number
1154656
Company Ltd by Guarantee number
08582273
Prlnclpal address
195A Verdon Street
Sheffield
S3 9QQ
Reportlng Accountant
lthite Rose Accounting for Charities
The Ghyll
Threapland
Aspatria
CA7 2EL

The Furnlval
Trustee report
The Trustees present their annual report and financial statements for the year ended 31 Augusl
2024 which are also prepared lo meet the requirements for a directors, report and accounts for
Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the
Memorandum and Articles of Association, and Accounting and Reporting by Charities. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard5 for Smaller Entities.
Structure, governance and management
The charity is a company limited by guarantee. It is managed by a board of experienGed trustees,
who are also the dlrectors of the company, which is responsible for ensuring financial stability and
providing professional and strategic advice on policy and resource management. Trustees are
appointed in accordance with the terms of the Articles of Association.
Trustees can be norninated at the annual general meeting or co-opted during the year by the board
for their special skills or expertise, the membership of the board is ratified by the annual general
meeting. None of the trustees has any beneficial interest in the company. All of Ihe trustees are
members of the company and guarantee to contribute £1 in the event of a winding up. The trustees
are responsible for the overall management and control of the charity and receive regular reports
from the manager. All matters and powers of strategic management and control are vested in the
board. The trustees have assessed the major risks to whlch the charity Is exposed, and are satisfied
that systems are in place to mitigate exposure to the major risks. The trustees have sought to
discharge their responsibilities by the implementation of strong recruitment and supervision policies,
and by regular and rigorous reviews of policy, ensuring that they are fully implemented by all staff
and volunteers. The trustees also review the flnanci81 situation on a monthly basis to ensure the
continued viability of The Furnival.
Objectlve and Actlvltles
The Furnlval is a welcoming community, working together to empower families and local people. We
build capabilily and conflden¢e to support social incluslon and cohesion. We are based in
community space in Burngreave and thrive through our nelMork of relationships across the
community and city area. The Trustees, with the involvement of the Charrty's management, have
formed a future development plan I'the plan'l for the next 3-5 years In order to have a clear roadrnap
of where the Charity Is going, and how it will get there. In forming the plan the Trustees have
performed a thorough review of the Charity's current model, risks and opportunities, By reducing and
moving away from the risks and lowards the opportunities the Trustees have formed a plan that will
enable the Charity to thrlve, rather than just suNive.
The plan has set the objectives of the Charity as..
To deliver projects with demonstrable social impact that match our capabilities and the needs of
our community in particular through leveraging our great ￿e￿Ork of relationships with BAME woman.
To be a financially sustainatyle organisalion
To grow awareness of our work with current land potentiall beneficiaries,
8UPPQrterslpartnerslfunders and wider influencers
Public Beneflt ststement
The trustees can confirm that they have complied with the duty in section 17 of the Charities Act
2011 to have due regard to public benefit guidance published by ihe Commission in reporting On
howwe are achieving our charrtable objects . This report outlines our key achievements and the
challenges we continue to face as a small neighbourhood charily .

The Furnlval
TThstee report
Achievements and performance
It continues to be a privilege to support the work of the Furnival tearn of staff, volunteers and
trustees. The trustees meet regularly to support the development of our strategy and the teams that
deliver it. We have a fairly tight schedule of reviewing and updating our policy framework and
financial position. l am pleased to say that although our funding fluctuates we have managed to
tabilize this thanks to the exce11ent record for delivery of Creative English and Creative numeracy
as part of Sheffield's local priorities for adult learning and developmenl. We have strengthened our
small team of Truslees, welcoming a newtrustee, Louise Johnson who has a finance background
and will help us Continue to manage our resources well. Looking forward we would like to find new
trustees as part of succession planning.
The Furnival is committed tc being led by whal matters most to our beneficiaries and the wider local
community and always stay focused on what we are learning to establish our plans. The trustees
would love to strengthen this at Board level ensuring we include more leaders with the lived
experience of the issues being faced here, particularly by the many local women. new arrivals and
their families. This will be a priority in the year ahead.
The activities here in 2023124 are described below and reflect our commitment to inclusion,
community development and partnerships, We have some great partners who connect and add
value to the local relationships we have. This is a return on many years of investing in collaborations
that benefit local people.
The Trustees are increaslngly aware that the success of the staff team is creating pressure and are
taking steps to add to our capacity and we have been delighted to employ former beneficiaries and
local people to 8UPPOrt the work. There are a number of strategic developments and in 2024125 we
hope to secure additional funds. At the time of writing we are excited to have heard that Our Status
as a local community hub In North Sheffield is being recognised by Ihe award of funds through the
South Yorkshire IC8's This Is Us programme aimed at working with grassroots communities to
engage local people and contribute to reducing health inequalities in Sheffield. Exciting times ahead.
Thanks also to the support of our amazing team of trustees who go above and beyond to ensure that
the Charity is focused on our charitable objects and to be a thriving community hub valued locally
and by partners for the transforming dlfference that helps improve the lives of local families. It is
simply a place where people love being part of the team.
lain Cloke

The Furnlval
Trust•e roport
Flnanclal revlew
Income for the year is shown 81 £76,58112023. £65,553)
Expenditure is shown at £63.80712023.' £44,646) with a year end carried foNard of
unrestricted funds balance of £52,86212023'. £44,793)
Reserves Policy
The trustees have re-designated an amount of £10.000 to cover the c08t of closure and statutory
redundancy payments should the remaining operational reserves deplete to a level that is no longer
sustainable Operational reseNes are monitored monthly through management reports and assist to
determine the level of addilional funding required through grant application processes.
Trustees responsibllltles for the flnanclal statements
Company and charty law requires the trustees to prepare financial statements for each
financial period which show the state of affairs of the charity and of net incorne or
expenditure of the charity for that period. In preparing those financial statements, the
Trustees are required to.
Cl select suitable accounting policies and apply them consistently..
El make judgements and estimates that are reasonable and prudent.
prepare the financial statements on the going Concern basis unless it
is inappropriate to presume that the charity will continue in operation.
El state whether applicable a¢¢ounting standards of recommended
practice have been followed subject to any departures disclosed
and explained in the financial statements.
The Trustees are responsible for keeping proper accounting re¢ord$
which disclose ￿th reasonable accuracy at any tlme the financial position of the charity
and enable the Trustee5 to prepare financial statements The Truslees
are responsible for safeguarding the assets of the chariiy and hence for taking
reasonable steps for the prevention of fraud and other irregularities.
This report has been prepared in accordance with the special provislons for small
companies under Part 15 of Ihe Companies Ad 2006,
This report was approved by the Truslees on ILI4 and is signed on
their behalf by..
Mr l F Cloke
Trustee

Th• Furnlval
Indep•nd•nt Examlnefs r•port on th• Aecount$ of
The Furnlval
for tho yèar •nd•d 31 August 2024
I report on the accounts of the company for the year ended 31 August 2024, which are set out on
pages 7 to 10.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees
consider that an audit is not required for this year under section 144(2) of the Charities Act 2011
(the 2011 Act) and that an independent examination is needed.
t is my responsibility to..
U examine the accounts under s8Ction 145 of the 2011 Act;
Cl to follow the procedures laid down in the general Directs'ons given by the Charity Commission
under section 145 {5)(b) of the 2011 Act. and
to state whether particular matters have com8 to my attention.
Basis of independent examiner's repprt
My examinatlon was carried out in accordance with th8 general Directions given by the Charity
Commission. An ex8mination includes a review of the accounts'ng records kept by the charity and a
comparison of the accounts presented with those records. It also Includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from you as trustees
concerning any such matters. The procedures undertaken do nol provide all the evidence that
would be required in an audlt and consequently no opinion is given as to whether the accounts
present a 'true and fair view, and the report is limited to those matters set out in the statement
b810w,
Independent examiner's statement
In connection with my examlnation, no matter has come to my attention..
(1) which gives me reasonable cause to believe that in any material respect the requirements..
to k88p accounting records in accordance with section 386 ofthe Companies Act 2006,. and
to prepare accounts which accord with the accounting records, comply with the accounting
requirements of section 396 of the Companies Act 2006 and with the methods and principles of
the Statement of Recommended Practice.. Accountlng and Reporting by Charities
have not been met., or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of
th8 accounts to be reached.
Signed..
Craig Williamson
Vvhite Rose Accounting for Chariti8S
The Ghyll
Threapland
Aspatria
CA7 2EL
Date..

The Furnival
Statement of flnancial actlvltles
for tho year onded 31 August 2024
Notes
Unrestrlcted
funds
Restricted
funds
Total
2024
Total
2023
Incoming resources
Grants
Donations
Room hire
Bank interest
Total incomlng resources
60,804
2,405
215
873
12,553
73,357
2,405
215
873
76,8
63,000
1,888
423
242
Resources expendèd
Staff
Activities & Consumable
Rent and rates
Utilities
Building repairs and maintenanc8
Computer and software
Insurance
Independent examination
Bank charges
Other Expenses
Total resources expended
45,394
3,459
2,242
1,668
205
824
1,410
465
60
2,880
1,880
2,820
48,274
5,339
5,062
1,668
205
824
1,410
465
60
31,840
5,012
4,090
965
108
550
1,447
440
60
98
Net incomingl(outgoing)resources
8,070
4,973
13,043
20,907
Fund balances brought forward
44,793
7,608
52,401
31,495
Fund balances carried forward
52,862
12,581
65,443
52,401

The Furnival
Balance Sheet as at 31 August 2024
Company Number: 04334254
2024
2023
Notes
Current assets
Debtors
Balance at bank and cash in hand
Total current assets
1,140
64.768
65,908
1,098
51,743
52,841
Creditors: amounts falling due
within one year
(465)
(440)
Net current assetsl(liabilities>
65,443
52,401
Total assets less current liabilities
65,443
52,401
Net assets
65,443
52,401
Represented by
Unrestricted general fund
Designated funds
Restricted funds
42,862
10,000
12.581
65,443
34,793
10,000
7,608
52,401
For the year ending 31 August 2024 the company was entitled to exemption
from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities..
The members have not required the company to obtain an audit of its accounts for
the year in question in accordance with section 476,
The directors acknowledge their responsibilities for complying with the requirements
of the Act with respect to accounting records and the preparation of accounts
These accounts have been prepared in accordance with the provisions applicable
to companies subject to the small companies regime.
This report was apprcved by the Trustees on
their behalf by
0£
nd is signed on
MrsL
ohnson
Trustee

The Furnlval
Notes to the accounts
for the year ended 31 August 2024
Accounting policies:.
(a) Basls of preparation
The Financial Statements have been prepared in accordance with the Companies Act 2006,
the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102), and
the Accounting and Reporting by Charities.. Statement of Recommended Practice applicable
to charities preparing their accounts in accordance with FRS102 (effective from January 2015
and updated with effect from January 2016) - (the Charities SORP (FRS102)), as modified for
smaller charities.
The Charity meets the definition of a public benefit entity as defined under FRS102.
(b) Accounting for Income
Donations and sundry income are accounted for on receipts basis. Grant
income and fee income are accounted for on an accruals basis, insofar
as it is prudent to do so.
(c> Accountlng for purchases wlth an expected Ilfe of more than one year
It has been considered prudent to write off the costs of SUGh items in the
year of purchase
Grants
Grants received during the year were:_
Unrestricted
Restricted
Total
Church Burgess Trust
FACES
Sheffield City Council Multiply
Sheffield City Council Cost of Living
Sheffield City Council Community Meals
Sheffield City Council ESOL
Sheffield 1000
Verdon Street Enterprise
arfedale Foundation
1,938
49, 300
1,938
49,300
2,000
553
2,066
1,000
6,500
10,000
73,357
2,000
553
2,066
1,000
6,500
10,000
12,553
60,804
Staff numbers and costs:.
Wages and salaries
Pension
45,096
3,178
48,274
The average number of employees during the year was 4, all of
whom were engaged in activities in furtherance of the objects of
the charity.
No employees received emoluments in excess of £50,000 per year
Trustees are not remunerated. No trustees received reimbursement
of out-of-pocket expenses.

Th• Furnival
Not•s to the accounts (continued)
for tho yoar ended 31 August 2024
4 Debtors:.
These refer to monies being due to the charity at the year end.
They are in respect of'.-
2024
2023
Prepayment
1,140
1,140
1,098
1,098
5 Creditors and accruals
These are expenses owed by the group but not paid during the accounting
period. They are in respect of..
2024
2023
Accruals
465
465
440
440
6 Restricted funds
Opening Incoming
balance
resource
01109123
Closing
balance
31108124
Outgoing
resources
Sheffield City Council Cost of Living
Sheffield City Council Café
Sheffield City Council Cook & Share
Sheffield City Council Community Meals
Sheffield City Council Raised Beds
South Yorkshire Community Foundation
Vvharfedale Foundation
2,000
(1,090)
(211)
(377)
(496)
(148)
(5,258)
910
211
377
553
57
148
6,872
1,614
10,000
12,581
10,000
12,553
7,608
(7,580)
10