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← The Silverliningcharity

2023-08-31-accounts

THE SILVERLINING CHARITY CIO

ANNUAL REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2023

Charity Registration Number 1157749

Azets Audit Services 1[st] Floor River House 1 Maidstone Road Sidcup Kent DA14 5RH

THE SILVERLINING CHARITY CIO

CONTENTS

Page
Reference and Administrative Details 1
Trustees Report 2
Independent Examiner’s Report 6
Statement of Financial Activities 7
Balance Sheet 9
Notes to the Financial Statements 10

1

THE SILVERLINING CHARITY CIO

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees Dr Sherrie Baehr
Miss Kathryn Howard
Mrs Suzanne Trask
Mr Peter Messervy
Mr Ross McDonald
Mr John Scorah
Mr K Bradshaw
Key Management Personnel The Trustees
Independent Examiner Azets Audit Services Limited
1stFloor
River House
1 Maidstone Road
Sidcup
Kent
DA14 5RH
Principal Address 16 Upper Woburn Place
London
WC1H 0AF
Bankers NatWest
96 Terminus Rd
Eastbourne
BN21 3LX

1

THE SILVERLINING CHARITY CIO

TRUSTEES REPORT

FOR THE YEAR ENDED 31 AUGUST 2023

The trustees present their annual report and financial statements for the year ended 31 August 2023.

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 the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.

Objectives and activities

The Silverlining Charity activities are centered around our members and their needs/aspirations. We have created the STAR (Structured Therapeutic Activity for Rehabilitation) program. This is a free weekly schedule of online activities, sessions and courses that run term times throughout the year. We also provide direct face to face activities in the community which are low cost accessible to all.

Objectives and activities

The charity's objective is the relief of brain injured people, their families and carers in the UK by:

Public Benefit

In setting and reviewing our objectives and aims, and in planning and carrying out our activities, we have due regard to the public benefit guidance published by the Charity Commission.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and Performance

Since September 2022 we have worked hard to create term time style calender for the members to enjoy our STAR programme of activities. STAR representing ‘Structured therapeutic, activities of rehabilitation’. These are still FREE to all our members and accessible through the website and other platforms. We have also continued to provide our members with face to face regional group monthly activities.

All of our online and face to face regional groups and sessions has an underlying focus on social inclusion, re integration for those who have been isolated by their brain injury or disability as well as building friendships and connections. All of our beneficiaries have options to join any group from any area and receive support and care from our teams of professionals, teachers or employees.

All of our programmes are run by brain injury professionals, teachers, therapists or co-ordinator volunteers who have a background of working in brain injury. This allows for the charity to always ensure t here members are clinically held, and the groups clinically lead. As a charity we are over seen by a Neuropsychologist who holds clinical responsibility.

We have continued to provide face to face Art therapy in London and Oxford as well as Music therapy group in London. All funded by regional donations or successful grants and bids. This offers group connections and affiliations, friendships, and the therapeutic value of professional therapeutic intervention.

2

THE SILVERLINING CHARITY CIO

TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2023

We have continued to work collaboratively with the Woodlands Multimedia children’s book which has been written by clients on the creative writing group, designed by the Art group and illustrated by the photography group. This is a multimedia and multi group activity bringing together the members from all regions. This is ongoing in preparation for publishing and book launch in June 2024. The woodland book has been funded by an award gained in January 2022 which is still actively being used to facilitate the launch and publishing.

Every region was supported to hold an in person summer picnic’s or gatherings as well as Christmas activity and meal to start to bring everyone together some members had never met face to face and were still isolating due to medical conditions.

Mile a day in May was a very large fundraiser for all regions to get involved with and walk, wheel or run a mile a day in May for sponsored event to raise much needed funds. We also completed a Dragon boat race, in July 2023 in Kingston for the 5th year running. This was as part of a wider rowing group in joint coordination for the childrens Brain Injury Charity. In February 2023 there was a ‘What Makes your Heart Shine’ art campaign which ran over the month to celebrate on a social media campaign for our members to express what they were grateful for and what they were intrested in through the medium of art.

Aston University the charity partnered with the Charity and West Midlands group members providing members to speak at the universities. This was our third year facilitating a module within the medical degree courses to provide ‘expert patient’ and bedside manner, which also worked to increase the awareness of brain injury to medical students. Pathway to Healthcare working with six formers linked or enrolling towards the medical degree courses is a further module that our members now facilitate within the sixth form college.

Other Charity partnerships in this period of time reviewed were with Love Rowing and Child Brain Injury Trust.

Several successful funding applications have led to this financial year bringing in more than we have in any other year.

We continue to have a 75% ratio work force of employees that are brain injured.

We are incredibly grateful to the beneficiaries listed and others, some of which have supported specific activities or regional projects. The financial backing has enabled the continuation of the charity running as a whole, core costs including employee wages, growth in the charity and business strategy and most importantly enable our client service users to access FREE online and in person rehabilitation, activities, courses and connections

Principal Funding Source

Principal fundraising sources are through a variation of funding applications to charitable funds, foundations, philanthropists, fundraising bids and grants. This is overseen and managed by Jonathan Smallman Davies our Charity Fundraiser.

Following this we have a dedicated following of supporters and the clients, as well as their families, who often get involved at a local level to complete fundraising tasks and challenges.

We run ‘central’ fundraising activities as well such as:

These additional fundraisers tend to have good sign up amongst our professional members as they are extreme adventurous personal challenges and tend to bring with it, after the cost of the activity a good profit.

Additionally, we hold an annual Affiliated Solicitor Scheme review and renew. This is where suitable and assessed Solicitor firms complete an application and assessed process to be on a part of our affiliate scheme and hosted on our website. This is monitored by our legal Board member, and we have a professional panel who review the applications and ensure a strict criterion is being followed.

3

THE SILVERLINING CHARITY CIO

TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2023

Financial review

During the year the charity received income totalling £160,518 (2022 - £145,498) and expenditure totalled £144,204 (2022 - £136,391). This resulted in net income of £16,314 (2022 - £9,107) for the year.

Reserve policy

The Silverlining Charity (“The CIO”) always strives to operate with strong financial management. This ensures we can offer maximal sustainable impact with those funds raised.

One part of this is the generation and maintenance of sufficient reserve funds to secure our continued service provision for such a time as to reasonably fulfil all legal and moral duties to service users, employees, contractors and the Charity Commission should our income unexpectedly decrease. This policy seeks to mitigate those risks associated with our income and expenditure being different from that forecasted.

A formal policy on reserves was agreed at the Spring 2018 meeting of the board of trustees. The CIO will actively seek to generate and maintain financial reserves which ensures that three months of core activities could continue during a period of unforeseen financial difficultly. At least one third of these resources must be maintained in a readily releasable form. The remaining reserves must be available must be available for use with one months’ notice.

Our aim is to hold unrestricted funds equal to £35,000 to £40,000 (2022 : £35,000 to £40,000).

Our unrestricted funds at 31 August 2023 total £55,250 (2022 - £34,820).

At the year end restricted funds total £12,812 (2022 - £16,928).

The trustees review the policy on an annual basis.

Risk Management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The principal risks facing the charity are:

Going Concern

There are no concerns from all Broad members and those within the financial teams that the Charity would cease as a going concern. We are all feeling extremely positive about the incredible fundraising efforts of our Fundraising Officer, who has continued to deliver on his goals to meet the outgoing costs of the Charity as well as source funding for specific projects and staff costs. As well as looking for additional funding streams to increase our staff team and have this funded directly and update our website.

Future Developments

Our focus in September 2022 will be to continue to grow the online activities as they are building a great deal of traction within our membership groups. It will also be to work in a new region of Cardiff Wales and Swindon, UK. Both of these groups will start as interest groups and have been requested by the interest in these areas as well as volunteers that we have in the regions.

There will be a continuation of the grants and fundraising bids, plus work to look at sourcing funding for a new role of a Communications and media officer and another rehabilitation coordinator. There will be a focus on building momentum for larger centralised events such as the Wing Walk, and Skydive for next year as well as a look towards our next AGM in November and Christmas planning to engage members in socialisation, togetherness and face to face activity.

4

THE SILVERLINING CHARITY CIO

TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2023

Structure, Governance and Management

Governing Document

The charity is registered with the Charity Commission as a Charitable Incorporated Organisation (CIO). Structurally Dr Sherie Beahr remains the Founder and chair of Trustees giving the charity continuity and direction and Kathryn Howard, charity secretary also remains heavily involved, with them both managing the day to day running of the charity as well as supervisors to the charity administrator.

The trustees who served during the year and up to the date of signature of the financial statements were:

Dr Sherrie Baehr Miss Kathryn Howard Mrs Suzanne Trask Mr Peter Messervy Mr Ross McDonald Mr Andrew Scorah Mr K Bradshaw

Recruitment and Appointment of New Trustees

Trustee selection methods includes:

Organisational Structure

The charity is governed by the Board of Trustees which is elected to oversee the organisation and running of the charity. The Board of Trustees are responsible for approving all policies, meet on a regular basis and oversee the day-to-day management of the Charity.

Statement of Trustees’ Responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which 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 year. In preparing these financial statements, the trustees are required to:

The Trustees are responsible for keeping proper 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.

The trustees report was approved by the Board of Trustees.

==> picture [125 x 28] intentionally omitted <==

Miss Kathryn Howard Trustee

Dated: 15 May 2024

5

THE SILVERLINING CHARITY CIO

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

FOR THE YEAR ENDED 31 AUGUST 2023

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 August 2023 which are set out on pages 7 to 16.

Respective responsibilities of Trustees and Examiner

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

I report in respect of my examination of the Charity’s accounts 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.

Independent examiner's statement

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:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records

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.

==> picture [175 x 48] intentionally omitted <==

M A Wilkes (FCA)

For and on behalf of Azets Audit Services 1[st] Floor River House 1 Maidstone Road Sidcup Kent

Date: 8 July 2024

6

THE SILVERLINING CHARITY CIO

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2023

Notes
Unrestricted
funds
Restricted
funds
£
£
Income and endowments from:
Donations and legacies
2
90,925
38,410
Other Income
3
31,183
-
__
__
Total
122,108
38,410
__
_
Expenditure on:
Raising funds
50,294
-
Charitable activities:
51,384
42,526
__
_
Total
4
101,678
42,526
__
_
Net movement in funds
20,430
(4,116)
Reconciliation of funds
Total funds brought forward
34,820
16,928
__
_
Total funds carried forward
55,250
12,812

 Total
2023
£
129,335
31,183
__
160,518
_
50,294
93,910
___
144,204
__
16,314
51,748
____
68,062
,		 Total
2022
£
123,563
21,935
__
145,498
_
44,821
91,570
___
136,391
__
9,107
42,641
____
51,748

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

All income and expenditure derive from continuing activities.

7

THE SILVERLINING CHARITY CIO

COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2023

Notes
Income and endowments from:
Donations and legacies
2
Other Income
3
Total
Expenditure on:
Raising funds
Charitable activities:
Total
4
Net movement in funds
Net movement in funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
£
43,991
21,935
__
65,926
_
44,821
28,526
__
73,747
_
(7,821)
42,641
_____
34,820
 Restricted
funds
£
79,572
-
__
79,572
_
-
62,644
__
62,644
_
16,928
-
_
16,928
 Total
2022
£
123,563
21,935
__
145,498
_
44,821
91,170
___
136,391
__
9,107
42,641
____
51,748

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

All income and expenditure derive from continuing activities.

8

THE SILVERLINING CHARITY CIO

BALANCE SHEET

AS AT 31 AUGUST 2023

Note 2023 2022
£ £ £ £
Fixed Assets
Tangible assets 8 1,452 404
Current Assets
Debtors 9 3,745 6,064
Cash at bank and in hand 79,986 60,928
______ ______
83,731 66,992
Creditors:amounts falling
due within one year 10 (17,121) (15,648)
______ ______
Net Current Assets 66,610 51,344
_______ _______
Total assets less current liabilities 68,062 51,748
______ ______
Income funds
Restricted funds 11 12,812 16,928
Unrestricted funds: 55,250 34,820
______ ______
12 68,062 51,748
______ ______

The financial statements were approved by the Trustees on 15 May 2024

==> picture [156 x 43] intentionally omitted <==

Miss Kathryn Howard Trustee

9

THE SILVERLINING CHARITY CIO

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

1. ACCOUNTING POLICIES

a. Charity information

The Silverlining Charity CIO is a charity governed by its governing document, a constitution and is a Charitable incorporation Organisation.

The principal office is – 16 Upper Woburn Place, Kings Cross, London WC1H 0AF.

The nature of the charity’s operations and principal activities are set out on page 3.

Basis of preparation

The charity constitutes a public benefit entity as defined by FRS 102. 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 the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity.

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.

b. Income

All income is included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

Voluntary income including donations and gifts are included in full in the SOFA when receivable.

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Investment income is included when receivable.

c. Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

10

THE SILVERLINING CHARITY CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2023

1. ACCOUNTING POLICIES (continued)

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to a particular heading, they have been allocated to activities on a basis consistent with the use of resources.

Support costs are those costs incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Governance costs are those incurred directly in support of expenditure on the objects of the charity.

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

d. Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and use of the restricted funds are set out in the notes to the financial statements.

e. Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost of valuation, net of depreciation and any impairment losses. All assets costing over £500 are capitalised.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Computers 25% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the statement of financial activities.

f. Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

g. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

h. Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months of less.

i. Going Concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operation existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

j. Judgements and key sources of estimation uncertainty

Accounting estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

11

THE SILVERLINING CHARITY CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2023

1. ACCOUNTING POLICIES (continued)

The following judgements (apart from those involving estimates) have been made in the process of applying the above accounting policies that have had the most significant effect on amounts recognised in the financial statements:

Useful economic lives of tangible assets

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets. See note 8 for the carrying amount of the computer equipment and note 1e for the useful economic lives for each class of assets.

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 adjustment to the carrying amounts of assets and liabilities within the next financial year.

k. Taxation

The charity is exempt from tax on its charitable activities.

l. Retirement benefit schemes

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

2.
Donations and legacies
Donations
3.
Other income
Fundraising events
Affiliated Solicitors’ Scheme
Other income
4.
Charitable activities
Raising funds
Charitable activity		 Salary
Costs
£
31,665
49,302
_
80,967
_		 Direct
costs
£
3,282
20,712
_
23,994
_		 2023
£
2022
£
129,335
123,565
__
_
2023
£
2022
£
18,125
6,580
12,603
15,355
455
-
_
__
31,183
21,935
_
_
Support
costs
£
Total
2023
£
Total
2022
£
15,347
50,294
44,821
23,896
93,910
91,570
_
_
_
39,243
144,204
136,391
_
_
_

12

THE SILVERLINING CHARITY CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2023

5.
Support costs
Direct and support costs
Depreciation and impairment
Rent
Insurance
Telephone
Postage and stationery
Advertising
Travel expenses
Sundries
Accountancy and bookkeeping
IT costs
Website costs
Legal and professional fees
Governance costs
Independent examination
Legal fees		 2023
£
440
4,725
2,750
5,167
884
4,698
3,923
2,801
2,353
2,818
1,447
4,027
3,210
-
______
39,243
 2022
£
222
5,218
2,199
4,752
732
1,729
1,858
3,524
2,273
2,771
3,200
4,819
3,600
1,548
______
38,445

6. Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

During the year £1,011 (2022: £nil) was reimbursed to two trustees for travel and re-imbursement of other charity related expenses.

7.
Employees
Number of employees
The average monthly number of employees during the year was:
Administrative
Fundraising
Employment costs
Wages and salaries
Employers national insurance
Other pension costs		 2023
£
2
1
__
3
_
2023
£
76,957
2,263
1,747
___
80,967
 2022
£
2
1
__
3
_
2022
£
72,406
1,199
1,625
___
75,230

There were no employees whose annual remuneration was £60,000 or more.

The key management personnel comprise of those listed on page 1. The Trustees do not receive remuneration therefore there is no remuneration paid to key management personnel.

13

THE SILVERLINING CHARITY CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2023

8.
TANGIBLE FIXED ASSETS
COST
At 1 September 2022
Additions
At 31 August 2023
DEPRECIATION
At 1 September 2022
Depreciation charged in the year
At 31 August 2023
NET BOOK VALUE
At 31 August 2023
At 31 August 2022
9.
DEBTORS
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
10.
CREDITORS
Trade creditors
Other taxes and social security
Accruals and deferred Income
10.
DEFERRED INCOME
Deferred income is included within:
Creditors due within one year
Deferred income brought forward
Released from previous years
Resources deferred in the year
Deferred income carried forward		 Computers
£
888
1,488
__
2,376
_
484
440
_
924
__
1,452
_
404
_
2023
£
2022
£
3,065
5,500
680
564
__
_
3,745
6,064
_
__
2023
£
2022
£
2,684
1,553
2,060
-
12,377
14,095
_
_
17,121
15,648
__
_
2023
£
2022
£
9,167
8,020
_
__
8,020
9,625
(8,020)
(9,625)
9,167
8,020
_
_
9,167
8,020

Included in deferred income is fees received in advance for the solicitors Affiliated solicitors’ scheme for services to be provided in 2023/24.

14

THE SILVERLINING CHARITY CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2023

11.
RESTRICTED FUNDS
Current year - 2023
Donations - salary costs
Postcode Society Trust
The National Lottery – Woodland Book Fund
Surrey Community Foundation Music
Therapy
City Bridge Trust
Sheldon Trust
Therapeutic activities
Barbican event
Symondson Foundation
Prior Year - 2022
Donations – salary costs
The Archer Trust – website costs
City Bridge Trust
Postcode Society Trust
The National Lottery – Woodland Brook Trust
Vintners Company		 Balance at
01.09.2022
£
-
7,806
9,122
-
-
-
-
-
-
__
16,928
_
Balance at
01.09.2021
£
-
-
-
-
-
-
___
-		 Income
Expenditure
Balance at
31.08.2023
£
£
£
20,000
(20,000)
-
-
(7,806)
-
-
-
9,122
5,000
(1,310)
3,690
5,000
(5,000)
-
5,000
(5,000)
-
2,410
(2,410)
-
500
(500)
-
500
(500)
-
__
_
_
38,410
(42,526)
12,812
__
_
_
Income
Expenditure Balance at
31.08.2022
£
£
£
37,000
(37,000)
-
3,000
(3,000)
-
5,000
(5,000)
-
25,000
(17,194)
7,806
9,122
-
9,122
450
(450)
-
__
_
___
79,572
(62,644)
16,928

Salary costs

Grants to cover salary costs to deliver projects

Postcode Society Trust

Monies awarded to support the annual running costs of over a dozen neurological therapies, including Art Therapy, Music Therapy, Creative Writing and Seated Exercise.

Surrey Community Foundation Music Therapy

Monies awarded to help with running costs of our Surrey Silverlining hub.

City Bridge Trust

Monies awarded to support one of our key employee roles for three years.

Sheldon Trust

Relates to funds restricted to the West Midlands Region for any activity or cost.

Therapeutic activities

We have continued to build on this move to our Charity online and now have created a 5 day a week programme or 17 online sessions each week. All of which are facilitated by professional and trained individuals who have experience working with brain injury. This is our STAR programme (Structured Therapeutic Activities of Rehabilitation) This growth and our services have seen a rise in our numbers and reach into new regions.

Barbican event

Monies awarded for Silverlining being part of a feedback conference at The Barbican for charities being supported by City Bridge Trust (now City Bridge Foundation).

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THE SILVERLINING CHARITY CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2023

12 . ANALYSIS OF NET ASSETS BETWEEN FUNDS

2023
Restricted
Unrestricted
£
£
Fixed assets
-
1,452
Current assets
12,812
70,919
Current liabilities
-
(17,121)
__
_
12,812
55,250
__
_
2022
Restricted
Unrestricted
£
£
Fixed assets
-
404
Current assets
16,928
50,064
Current liabilities
-
(15,648)
__
__
16,928
34,820

 Total
£
1,452
83,731
(17,121)
_____
68,062
__
Total
£
404
66,992
(15,648)
__
51,748

13. RELATED PARTY TRANSACTIONS

Suzanne Trask, a trustee, is a partner a Bolt Burden and Kemp, which provided income of £2,750 (2022 - £2,750) - through the Affiliated Solicitor Scheme and fundraising income of £1,000 (2022 - £nil).

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