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2024-03-31-accounts

Beyond The Horizon Charity

Trustees Report and Financial Statements for the year ended 31 March 2024 Registered Charity number 1155755

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Index
Page
Report of the Trustees 3-9
Statement of Trustee’s responsibilities 10
Report of the independent examiner 11
Statement of financial activities 12
Balance sheet 13
Principle Accounting Policies 14-15
Notes to the financial statements 16-23

2

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Report of the Trustees

The Trustees of Beyond the Horizon Charity (“the Charity”) have pleasure in presenting their report and financial statements for the year ended 31 March 2024. The financial statements comply with the Charities Act, the Charity’s Constitution and 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 (FRS102) (updated 1 January 2019).

OBJECTIVES AND ACTIVITIES

The Charity’s objects are to relieve the distress and/or to protect the good health of children and their families who have experienced bereavement, domestic abuse or relationship breakdown.

The Charity undertakes the following activities in order to fulfill its objectives:

Service Provision

How We Do What We Do:

Our therapists travel to the communities where children and young people are based, seeing them within a mile of their own home. This means the service is accessible to all regardless of financial position or ethnic and family background and situated locally. We offer appointments in and out of school time to maximise the opportunities for young people to access our support.

The Trustees confirm that they 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 activities.

3

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Report of the Trustees (continued)

ACHIEVEMENTS, PERFORMANCE AND FUTURE PLANS

Our Goals for 2023-2024 were:

Key achievements of the charity in the period included:

Service Delivery:

We responded to 507 new requests for support during the year, higher than in 2023 (425) and higher than any other point in our history.

We are proud to have supported 307 children/parents during the year. 237 of these received a therapeutic intervention (172 children/young people, 60 parents/carers and 5 teachers).

Our outcomes data from those supported during the year shows that after therapy:

We made good progress against all of our goals for this year:

4

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Report of the Trustees (continued)

Fundraising and Grant Applications:

We are extremely grateful for the support of our funders and donors who enable us to continue and develop our services to children and families in Birmingham.

During this financial year we received grants and donations from the following:

Baron Davenport's Charity Bentley Motors Birmingham City Council, DAC grant Birmingham Hospital Saturday Fund Children In Need Claverdon Fields Charitable Trust Comic Relief Cornerstone DMF Ellis Charitable Trust Edward & Dorothy Cadbury Trust Edward Cadbury Trust G J W Turner Trust George Fentham Birmingham Charity Grantham Yorke Trust Henry Smith Lillie Johnson Charitable Trust Richard Kilcuppe Charity Roger & Douglas Turner Charitable Trust

5

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Report of the Trustees (continued)

Sir John Middlemore Charitable Trust Skipton Building Society Tesco Community Fund The Eveson Trust The George Henry Collins Charity The Grimmitt Trust The James Tudor Foundation The John Avins Trust The Joseph Hopkins and Henry James Sayer Charities The Leathersellers' Foundation The Masonic Charitable Foundation The National Lottery Community Fund - Reaching Communities The Patrick Trust The Postcode Lottery The Roughley Trust The Saintbury Trust The Sheldon Trust The Sir Jules Thorn Charitable Trust The W E Dunn Trust

Future Plans – 2024-2025

The charity will focus on the following over the next 12 months:

6

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Report of the Trustees (continued)

FINANCIAL REVIEW

The accounts for the year show net income of £13,862 for the year (2023: £36,875). The total income amounted to £366,211 (2023: £325,051), whilst expenditure for the year amounted to £352,349 (2023: £288,176).

Certain grants have been given for specific purposes and these are shown as restricted funds, however 36% (2023: 47%) of our total income for the year was unrestricted.

Based on the expected income and expenditure levels, Trustees consider that the Charity has adequate resources to maintain its ongoing work.

Reserves policy

The calculation of the required level of reserves is an integral part of the Charity’s planning, budget and forecast cycle. It takes into account:

During the year, the trustees have reviewed their reserves policy which is as follows:

The charity requires free reserves to cover 3-6 months of its annual budgeted core costs, not covered by secured income, of around £52,000- £104,000.

Unrestricted reserves at the end of year amount to £123,216 and from this the trustees have designated £37,309 to cover committed costs. Therefore, our free reserves for the year (after deducting £1,181 spent on fixed assets) are £84,726 which represents just under 5 months of annual budgeted costs not covered by secured income.

The charity’s free reserves are therefore in line with policy.

Trustees will review this policy annually and the level of reserves will be reviewed throughout the year.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

Beyond The Horizon Charity is a Charitable Incorporated Organisation and a registered Charity governed by its Constitution. The only voting members are its Trustees.

7

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Report of the Trustees (continued)

The Charity was registered on 7 February 2014 when it became a legal organisation. It commenced activity on 1 April 2014 following the transfer of its staff and activities from another Charity. Prior to that date the charitable activity had been carried out by the same members of staff as a separate project within a larger Charity, namely Spurgeons.

Appointment of Trustees, induction & training

The Trustees who served during the year are detailed below.

New Trustees may be appointed by invitation to join the Board given that they have the necessary skills and experience to contribute to the Charity’s activities and to be able to discharge their obligations as Trustees.

New Trustees will be provided with copies of the Charity’s Constitution and all relevant policies and procedures and will be given the necessary training to enable them to carry out their duties as Trustees.

REFERENCE AND ADMINISTRATIVE INFORMATION

Trustees:

Trustees are as follows: Alan Clee (Chair) Scott Dale Rev Paul Nash (Vice Chair) Fidelis Navas Elaine White (resigned 25[th] January 2024) Vicki Hook Carmen Butler-Hunter Janet Douglas

Charity Number: 1155755

Registered Office:

Holy Cross Centre Beauchamp Road Birmingham B13 0NS

Independent Examiner: Karen Hanlan, ACA, ACIE Karen Hanlan Independent Examiner Limited 1 Saracen Close Ettington, CV37 7SZ

8

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Report of the Trustees (continued)

Bankers: Unity Trust Bank plc Nine Brindleyplace Birmingham B1 2HB Approved by the Board and signed on its behalf by:

Alan Clee, Chair of Trustees

Date 6[th] September 2024

9

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Statement of Trustees’ responsibilities

The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the Charity and of the surplus or deficit incurred by the Charity for that year. In preparing those financial statements the Trustees are required to:

The Trustees have overall responsibility for ensuring that the Charity has an appropriate system of controls, financial and otherwise.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy, at any time, the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities Act 2011.

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 and to provide reasonable assurance that:

10

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Independent Examiner’s Report to the Trustees of Beyond the Horizon Charity

I report to the trustees on my examination of the accounts of Beyond the Horizon Charity (‘the Charity’) for the year ended 31 March 2024 which are set out on pages 12 to 23.

Responsibilities and basis of report

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

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 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 2011 Act.

Independent examiner’s statement

I have completed my examination. I can 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:

1) accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

2) the accounts do not accord with those records; or

3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Karen Hanlan, Institute of Chartered Accountants, England & Wales Karen Hanlan Independent Examiner Limited

Date: 6 September 2024

1 Saracen Close, Ettington, CV37 7SZ

11

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Statement of financial activities

Income:
Note
Donations & legacies
1
Charitable activities
2
Investments
Total income
Expenditure
Costs of raising funds
Charitable activities
Total expenditure
3
Net income and net movement
in funds for year
Reconciliation of funds:
Transfer of funds
Total funds brought forward
Total funds carried forward
Un-
restricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
£
£
£
£
76,337
155,910
232,247
218,670
50,618
77,057
127,675
105,205
6,289
-
6,289
1,176
133,244
232,967
366,211
325,051
16,008
-
16,008
19,278
104,228
232,113
336,341
268,898
120,236
232,113
352,349
288,176
13,008
854
13,862
36,875
-
-
-
110,208
6,779
116,987
80,112
123,216
7,633
130,849
116,987

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure is derived from continuing activities.

12

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Balance sheet
Notes
Fixed Assets
Tangible assets
5
Current Assets
Debtors
6
Cash at bank and in hand
Current Liabilities
Creditors: amounts falling due within one year
7
Net current assets
Net assets
Funds of the Charity:
Restricted Funds
9
Unrestricted Funds
Total Charity funds
2024
£
1,181
7,977
227,785
235,762
(106,094)
129,668
130,849
7,633
123,216
130,849
2023
£
1,247
8,385
203,384
211,769
(96,029)
115,740
116,987
6,779
110,208
116,987

The accompanying accounting policies and notes form part of these financial statements.

Approved by the Trustees and signed on their behalf by:

Alan Clee, Chair of Trustees

Date: 6[th] September 2024

13

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Principal accounting policies

Basis of preparation

The 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (updated 1 January 2019) – (Charities SORP (FRS102)) and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).

Beyond the Horizon Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

Going Concern statement

The financial statements have been prepared on a going concern basis which assumes that the Charity will continue to operate. The validity of this assumption is dependent upon the continuance of support from the Charity’s key funders and stakeholders and in response to the progress made by the Charity in pursuing a viable budget including the obtaining of further grants and donations. The Charity’s business plan shows that the Charity will be able to operate in the foreseeable future. Based on this understanding the Trustees believe that it remains appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments, which would result from the basis of preparation being inappropriate.

Funds

General accumulated funds are unrestricted funds available for general purposes and include funds designated for a particular purpose; the use of such funds remains at the discretion of the Trustees.

Restricted funds are funds subject to conditions imposed by the donor or by specific terms of the appeal under which the funds are raised. The restrictive conditions are binding upon the Charity.

Income

All income is recognised in the Statement of Financial Activities when the Charity is legally entitled, ultimate receipt is probable and the amount can be quantified with reasonable accuracy.

Income relating to future periods, as a result of donor imposed conditions specifying the time period, has been treated as deferred income.

Income dependent on certain conditions, amounting to more than mere administrative requirements, is recognised when the conditions have been fulfilled.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity to the expenditure. All expenditure is accounted for on an accruals basis.

14

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Principal accounting policies (continued)

Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Tangible fixed assets

Depreciation is provided at a rate calculated to write off the cost on a straight line basis over a period of less than the estimated useful life of the assets at the following rates:

Computer equipment - 3 years

Fixed assets are capitalised when their value exceeds £500.

Cash and cash equivalents

Cash and cash equivalents include cash at bank and in hand and short term deposits repayable on or within a three month notice period.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Creditors

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 party and the amount due to settle the obligation can be measured or estimated reliably.

Pensions

The Charity contributes to employee’s individual personal pension plans. The employer contributions to the scheme in 2024 were £15,978 (2023: £12,753) and are charged to the statement of financial activities as incurred.

Taxation

As a registered Charity no provision is considered necessary for taxation.

15

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Notes to the financial statements

1. Donations & legacies
Un-restricted:
Donations
Funds raised through sponsored activities
Grants:
-
Henry Smith Charitable Trust
-
The Leathersellers Foundation
-
WA Cadbury
-
Masonic Charitable Foundation
-
The Roughly Trust
-
Other
Restricted donations/grants:
Penguin Project:
-
The Alan Higgs Charity
-
George Henry Collins
-
CB & HH Taylor Trust
-
The Saintbury Trust
-
E Cadbury Charitable Trust
-
Edward & Dorothy Cadbury Trust
-
Richard Kilcuppes Charitable Trust
-
Others < £500
-
Henry Smith Charitable Trust
-
Eveson Charitable Trust
-
Masonic Charitable Trust
-
Cornerstone Projects
-
The James Tudor Foundation
-
The Patrick Trust
-
Grantham Yorke Trust
-
Souter Charitable Trust
-
COOP Community Dividend Fund
-
Grimmitt Trust
-
Heart of England – Graham Griffiths Fund
-
Sir John Middlemore
-
George Fentham Charitable Trust
-
Hopkins/Sayer Charitable Trust
-
John Avins Charitable Trust
-
George Henry Collins Charitable Trust
-
Other
2024
£
11,388
8,949
-
25,000
-
5,000
8,000
18,000
76,337
-
-
-
2,000
3,000
2,500
1,000
-
8,500
100,000
15,000
-
10,000
4,000
2,000
5,000
-
-
3,000
-
2,000
1,410
1,000
1,000
1,000
2,000
155,910
232,247
2023
£
6,601
7,286
14,333
25,000
12,000
-
-
35,700
100,920
2,500
1,000
1,000
2,000
-
-
1,000
1,500
9,000
70,000
11,250
12,500
-
4,000
-
-
2,000
2,500
3,000
2,000
-
1,000
-
-
-
500
117,750
218,670

16

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Notes to the financial statements (continued)

2. Income from Charitable Activities

2. Income from Charitable Activities
Un-restricted:
School contracts
CRUSE Contract
Postcode Lottery
Other
Restricted grants:
Children in Need – Main grant 2019-2022
Children in Need – Bear Project
Big Lottery Reaching Communities Fund
The National Lottery Community Fund
Birmingham City Council
Comic Relief
Postcode Lottery
2024
£
36,035
-
14,583
-
50,618
-
9,484
-
42,308
17,503
7,762
-
77,057
127,675
2023
£
32,810
18,083
-
160
51,053
18,267
9,252
11,633
-
-
-
15,000
54,152
105,205

3. Analysis of expenditure

Staff costs
Staff training
Staff travel & expenses
Counselling costs
Venue hire and insurance
Freelance counsellors costs
Activity & group work costs
Fundraising Consultants Fees
Office costs
Equipment repairs & renewals
Professional fees & accountancy
Independent Examiners fee
Bank charges & ICO fee
Depreciation
Total
Charitable activity
Raising
funds
Un-
restricted
Restricted
2024
Total
£
£
£
£
6,670
63,525
201,915
272,110
-
3,762
-
3,762
-
1,665
2,285
3,950
-
3,166
7,701
10,867
-
988
2,439
3,427
-
3,594
11,886
15,480
-
1,661
755
2,416
9,338
-
-
9,338
-
21,391
3,617
25,008
-
25
735
760
-
1,762
780
2,542
-
1,250
-
1,250
-
310
-
310
-
1,129
-
1,129
16,008
104,228
232,113
352,349

17

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Notes to the financial statements (continued)

Staff costs
Staff training
Staff travel & expenses
Counselling costs
Venue hire and insurance
Freelance counsellors costs
Activity & group work costs
Fundraising Consultants fees
Office costs
Equipment repairs & renewals
Professional fees & accountancy
Independent Examiners fee
Bank charges & ICO fee
Depreciation
Total
Charitable activity
Raising
funds
Un-
restricted
Restricted
2023
Total
£
£
£
£
6,375
61,761
157,538
225,674
-
1,255
-
1,255
-
3,426
342
3,768
-
4,545
3,945
8,490
-
1,307
604
1,911
-
5,578
4,912
10,490
-
1,624
-
1,624
12,603
-
300
12,903
-
13,046
2,905
15,951
-
586
-
586
-
1,907
-
1,907
-
1,200
-
1,200
-
239
-
239
-
2,178
-
2,178
18,978
98,652
170,546
288,176

4. Staff costs, trustee remuneration and expenses

4. Staff costs, trustee remuneration and expenses
Salaries
National Insurance
Pensions
Total
2024
2023
£
£
242,324
203,503
13,808
9,418
15,978
12,753
272,110
225,674

No employee has employee benefits in excess of £60,000 (2023: nil).

The equivalent of 6.9 full-time members of staff were employed during the year (2023: 6.8)

The key management personnel of the charity comprise the trustees and the CEO. Trustees receive no remuneration or other benefits from the charity. The remuneration, excluding pension contributions, of key management personnel for the year was £44,466 (2023: £38,162).

No expenses were reimbursed to Trustees during the year (2023: £nil).

Donations totalling £100 (2023: £nil) were received from Trustees during the year. There are no further related party transactions that require disclosure in the accounts.

18

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Notes to the financial statements (continued)

5. Tangible fixed assets

Cost
At beginning of year
Additions
At end of year
Depreciation
At beginning of year
Charge for the year
At end of year
Net Book Value
At 31 March 2024
At 31 March 2023
6. Debtors
Income receivable
Prepayments
7. Creditors: amounts falling due within one year
Trade creditors
Accruals
Deferred income
Other creditors
Computer
Equipment
£
8,774
1,063
9,837
7,527
1,129
8,656
1,181
1,247
2024
2023
£
£
6,290
6,810
1,687
1,575
Computer
Equipment
£
8,774
1,063
9,837
7,527
1,129
8,656
1,181
1,247
7,977
8,385
2024
2023
£
£
4,896
4,319
4,314
2,500
92,203
84,891
4,681
4,319
106,094
96,029

19

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Notes to the financial statements (continued)

8. Deferred income

. Deferred income
Balance at beginning of year
Amount released to income earned from charitable activities
Amount deferred in year
Balance at end of year
2024
2023
£
£
84,891
97,291
(84,891)
(97,291)
92,203
84,891
92,203
84,891

Deferred income relates to grants and contract income received in advance.

20

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Notes to the financial statements (continued)

9. Restricted funds

2024
Restricted funds
Henry Smith Improving Lives
Henry Smith Covid Long Term Support
Graham Griffiths Fund
National Lottery Community Fund
Children in Need – Bear project
Eveson Charitable Trust
Cornerstone Projects
Comic Relief
Birmingham City Council
Penguin project
Small grants <£5k
Unrestricted funds
General funds
Total funds
2023
Restricted funds
Henry Smith Improving Lives
Henry Smith Covid Long Term Support
Graham Griffiths Fund
Children in Need –Main grant 2019-22
National Lottery Community Fund
Children in Need – Bear project
Eveson Charitable Trust
Masonic Charitable Trust
Postcode Local Trust
Penguin project
Small grants <£5k
Unrestricted funds
General funds
Total funds
Balance at
beginning
of year
£
58
-
1,306
-
-
-
-
-
-
3,542
1,873
Income

£
60,000
40,000
-
42,308
9,484
15,000
10,000
7,762
17,503
8,500
22,410
Expenditure
Transfers
£
£
(60,058)
-
(40,000)
-
(1,306)
-
(42,308)
-
(9,484)
-
(15,000)
-
(2,367)
-
(7,762)
-
(17,503)
-
(12,042)
-
(24,283)
-
Balance
at end
of year
£
-
-
-
-
-
-
7,633
-
-
-
-
6,779
110,208
232,967
133,244
(232,113)
-
(120,236)
-
7,633
123,216
116,987 366,211 352,349
-
130,849
£
-
-
-
(1,280)
(3,559)
1,024
882
869
2,586
-
4,901

£
30,000
40,000
2,000
18,267
11,633
9,252
11,250
12,500
15,000
9,000
13,000
£
£
(29,942)
-
(40,000)
-
(694)
-
(16,987)
-
(8,074)
-
(10,276)
-
(12,132)
-
(13,369)
-
(17,586)
-
(5,458)
-
(16,028)
-
£
58
-
1,306
-
-
-
-
-
-
3,542
1,873
5,423
74,689
171,902
153,149
(170,546)
-
(117,630)
-
6,779
110,208
80,112 325,051 (288,176)
-
116,987

21

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Notes to the financial statements (continued)

10. Analysis of net assets between funds

Fund balances at 31 March are represented by:

2024
Fixed Assets
Current assets
Liabilities
Total
2023
Fixed Assets
Current assets
Liabilities
Total
Unrestricted
Funds
Restricted
Funds
Total
Funds
£
£
£
1,181
-
1,181
156,241
79,521
235,762
(34,206)
(71,888)
(106,094)
123,216
7,633
130,849
1,247
-
1,247
127,442
84,327
211,769
(18,481)
(77,548)
(96,029)
110,208
6,779
116,987

22

Beyond The Horizon Charity Financial Statements for the year ended 31 March 2024

Notes to the financial statements (continued)

11. Controlling Interest

The Charity is controlled by the Trustees.

12.Comparative Statement of Financial Activities for 2023

Income:
Donations & legacies
Charitable activities
Investments
Total income
Expenditure
Costs of raising funds
Charitable activities
Total expenditure
Net income and net movement in
funds for year
Reconciliation of funds:
Transfer of funds
Total funds brought forward
Total funds carried forward
Un-
restricted
funds
2023
Restricted
funds
2023
Total funds
2023
£
£
£
100,920
117,750
218,670
51,053
54,152
105,205
1,176
-
1,176
153,149
171,902
325,051
18,978
300
19,278
98,652
170,246
268,898
117,630
170,546
288,176
35,519
1,356
36,875
-
-
-
74,689
5,423
80,112
110,208
6,779
116,987

23