Charfty reglstratlon numbor 1157749 (England and Wales) THE SILVERLINING CHARITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
THE SILVERLINING CHARITY LEGAL AND ADMINISTRATIVE INFORMATION Trustees Dr S L Baehr Mr R A McDonald Mr J A Scorah Mrs S Trask Mr P MesseTVy Mr5 K C Howard Bary Mr K Bradshaw Charity number {England and Wales) 1157749 Principal address 16 Upper Wobum Place Klngs Cross London WC1 H OAF Independent examiner McPhersons CFG Limited 23 St Leonards Road Bexhill on Sea East Sussex TN40 1HH
THE SILVERLINING CHARITY CONTENTS Page Trustees, report Independent examineV5 report Statement of financial activities Balance sheet Notes to the financial statements 9-19
THE SILVERLINING CHARITY TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The trustees present their annual report and financial statements for the year ended 31 August 2024. The financial statements have been ppared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's goveming docurnent. the Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charitie5 SORP "Accounting and Reporting by Chaiitie5= Slatement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102)" Objectives and activities The Silvedining Charity activFties are centered around our members and their needslaspirations. We have (Jeated the STAR (Structured Therapeutic Activty for Rehabilitation) program. This is a free weekly schedule of online activilies. sessions and courses that run term times throughout the yeai. We also provide direct face to face activities in the comrnunity which are low cost accessible to all. The charty's objective 15 the relief of brain injured people. their families and carers in the UK by- Raising awareness of the needs of brain injured people in the UK Organising events and activitie5 for brain injury survivors which contributes to their development, social integration. preventing loneliness and isolation Connecting those who may not have day to day support or weekly social connertions with people who understand the struggles and issues faced by people with brain injury Identifying and supporting ways of helping the familie5 and friends impacted by brain injury Providing free social. therapeutic. educational activities and services online and in person, within the community. building friendships, confidence and purpose Continuing our sunshine call seNice to eliminate lonelines5 from the ¢ovid-19 pandemic, providing a friendly telephone call to 'check in, on how Silverfiners are feeling 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 benefft guidance published by the Charity Commission. The trustees have paid due regard to guidance issued by the Charity Commission in declding what activities the charity should undertake. Achievements and perfomiance Significant activities and achievements against objectives Since September 2023 we continue to offer term time style calender for the members to enjoy our STAR programme of activities. STAR representing 'Structured therapeutic. activities of rehabilitation,. These a still FREE to all our members and accessible through the website and other platfomis. We have also continued to provide our members with face to face regional group monthty activities. These are all delivered by Neuro specific and Neuro aware professionals. All of our online and fa to fa regional groups and sessions has an underfying focus on social indusion, re integration for those who have been isolated by their brain injury or disabilty as well as building friendships and connections. AJI of our beneficiaries have options to join any group from any area and receive support and care from our tearns 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 Glinically 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 connedions and affiliations, friendships, and the therapeutic value of professional therapeutic intervention.
THE SILVERLINING CHARITY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 We have conlinued to work collaboratively with the Woodlands Muftimedia children's book which has been written by dients 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 project was completed and published with a large 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. The work with Child Brain Injury Trust continues to thrive and this Woodlands book in just one venture. We are working to put in place a transition officer to support children into adult brain injury charitable Se[viS. We will be calling this the HOPE programme. Thi5 is likely to come to fulfilled in next accounting period but is in the planning and there are grants and bids out to fund this post. We continue to offerfree activities to the children from CBIT each year atthe annual Glow Bowl for the seen and not hurt campaign they run. Every region was supported to hold an in person summer picnic's or gatherings as well as Christmas activty and meal to start to bring everyone together some members had never met fa to face and were still isolating due lo medical conditions. Members meals were given heatry concessions or paid for outright by the funds gained in regional grants and bids through the year. 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 Juty 2024 in Kingston for the 6th year running. This was as part of a wider rowing group in joint coordination for the children's Brain Injury Charity and Mobsta Advertising Agency who sponsored the event. In February 2024 we again delivered a project called '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 Universty 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 ¢ourses to provide 'expert patienf 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 further module that our members now facilitate within the sixth form college. We have now received a grant to put in post a university coordinator to work with Aston Universty and blue print what we have achieved there as a charity into other universities nationwide. This will come to fruition in the next accounting period. 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¥D ratio work force of employees that ale brain injuied. 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 rehabilitstion, activities, courses and connections. Financial review The results for the year are set out in the Ststement of Financial Activities. Total income for the year amounted to £232.821 {2023.' £160.518). The expenditure of the charity during the year totaled £174,251 {2023= £144.204). This resulted in net income of £58,570 (2023: £16,314) forthe year.
THE SILVERLINING CHARITY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Going concem There are no concems from all Broad members and those within the financial teams thal the Charity would cease as a going concem. We are all feeling extremety 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 slaff tearn and have this funded directty and update our website. ReSPeS policy The Silverlining Charity I"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 reseNe 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 unexpecledly decrease. This policy seeks to mitigate those risks associated with our income and exp8nditure 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 activety seek to generate and malntain financial reserves which ensures that three months of core activities could continue during a period of unforeseen financial difficufity. At least one third of these resources must be maintained in readity 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 (2023: £35,000 to £40,000). Our unreslricted free reserves at the year end amounted to £125,54312023.' £53,798). At the year end restricted funds total £nil (2023.. £12,812). The Iruslees review the policy on an annual basis. Principal funding sources Principle fundraising sources are through a variation of funding applications lo charitable fvnds, 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 dients. as well as their families. who often get involved at a local level to complete fijndralsing tasks and challenges. We run 'central' fundraising activities as well such as.. Love Rowing partlcipations Mile a Day in May 24 Kingston Dragon Boat Race July 24 Silverlining Skydive August 2024 Silverlining Wing Walk Challenge (not run this year due to lack of uptake) These add¢tional 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 profft. Additionally, we hold an annual Affiliated Solicitor Scheme review and renew. This is where suitable and assessed Solicitor fimis 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 rjiterion is being followed. At this time, we do not have any investments, social or otherwise. Therefore, we do not have a policy oullining this aspeci of the charity.
THE SILVERLINING CHARITY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Major risks 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 lo provide reasonable assurance againsl fraud and error. The principal risks facing the charity are= Lack of engagement from our clients. Lack of engagement from our local fundraisers. Fundraising bids and applications not being fulfilled or being sucsSfij1. Employee's leaving as a result of not being able to ieceiving a competitive wage due to inconsistent fundraising. Plans for future periods Our focu5 in September 2024 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 intrest groups and have been requested by the intrest 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 fijnding for a new role of a Communications and media officer and another rehabilitation mordinator. There will be a focus on building momentum for larger centralised events such as the Wing Walk, and Skydive for nexi year as well as a look towards our next AGM in November and Christmas planning to engage rnembers in socialisation, togethemess and face to face actfvlty. Structure. governance and management The Silverlining Charity is registered with Ihe charity commission as a CIO Charitable incorporated organisation. The trustees who served during the year and up to the date of signature of the financial ststements were.. Dr S L Baehr Mr R A McDonald Mr J A Scorah Mrs S Trask Mr P Messe Mrs K C Howard Bary Mr K Bradshaw ReGWitment and appointment of tmstees Interview I meeting with the candidate with the Board of Trustees: References and DBS to be acquired rf candidate is successful following Board review.. Following successful SAFER CrUItMent procedures completed candidate is voted in by the Board of Trustees" and Update to the Charity Commission. The companws current policy concerning the payment of trade creditors is to follow the CBI'S Prompt Payers Code (copies are available from the CBI, Centre Point, 103 New Oxford Street, London WC1A 1 DU). The company's current policy conMIng the payment of trade creditors is to.. settle the terms of payment with suppliers when agreeing the temis of each transaction,. ensure that suppliers are made aware of the lemis of payment by inclusion of the relevant tenns in contracts., and pay in accordance with the company's contraciual and other legal obligations. Organisation81 structure The charity is govemed by the Board of Trustees which is elected to oversee the organisation and Tunning of the h8rity- The Board of Trustees are responsible for approving all policies, meet on a regular basis and oversee the day-to4ay management of the Charity.
THE SILVERLINING CHARrrY TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 The trus1. reportwas apprOd by Ihe 803 orTnle•S. K C HOW8 Bwry Trustoe 26 Jlme 2025
THE SILVERLINING CHARITY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SILVERLINING CHARITY I report to the trustees on my examinalion of the financial ststements of The Silverlining Charity (the charity) for the year ended 31 August 2024. Responsibilities and basi5 of Teport A5 the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Chatities Act 2011. I report in respect of my exarnination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5)(b) of the CharitiesAct 2011. Independent examine$ statement Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statetnent of Recofflmended Practi applicable to chatities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preferen to the Accounting and Reporting by Chatities: Ststefflent of Recornmended Practice issued on 1 April 2005 which 15 referred to in the extant regulations but has now been withdrawn. l understand that thi5 has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by seclion 130 of the Charities Act 2011. the financial statements do not accord with those records,. or the financial slatements do not compty with the applicable requirements conceming the fomi and content of financial statements set out in the Charities (Accounts and R8POrts) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in thls report in order to enable a proper understanding of the financial statements to be reached. Alastair Towler FMAAT BFP ACA DChA McPhersons CFG Mited 23 St Leonards Road Bexhill on Sea East Sussex TN40 1HH 26 June 2025
THE SILVERLINING CHARITY STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024 Unrestricted Restricted fund5 funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Notss Income from: Donations and legacies Charilable activilie8 117.823 21.498 93,500 211,323 21.498 90,925 31.183 38,410 129,335 31,183 Total income 139,321 93,500 232,821 122,108 38,410 160,518 Expenditure on: Charitable actrvities 67,939 106,312 174.251 101.678 42,526 144,204 Total expendlture 67,939 106,312 174.251 101,678 42,526 144.204 Net incomellexpenditure) and movement in funds 71,382 (12.8121 58,570 20,430 {4,116} 16.314 Reconciliation of funds: Fund balances at 1 September 2023 55,250 12,812 68,062 34,820 16,928 51.748 Fund balances at 31 August 2024 126,632 126,632 55,250 12,812 68,062 The ststement of financial activities includes all gains and105ses recognised in the year. All income and expenditure derive from continuing activities.
THE SILVERLINING CHARITY BALANCE SHEET ASAT31 AUGUST2024 2024 2023 Flx•d •ss•ts Tanglble assets 11 Curvvnta¥¥ets Debtors Cash at bank and in hand 12 7,139 129,702 3.745 79.986 136.841 83.731 Crethtorn." amounts hlllng duo wlthln one year 13 {11.298) (17,121) Not currnnt ass•ts 125.543 e6.610 Total amets currnnt liabllitl 128,632 .C2 The fvnds ofthè ¢haftty Restriced income fimds Unrestricted funds 16 17 12,812 126,632 126.632 The finalal ststements were appro¥ed by the trustees on 26 June 202S Mrs K C Ba Tryst••
THE SILVERLINING CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Accountlng pollcles Charity information The Silvedining Charity is a charty governed by its goveming document, a conslitLJtion and is a Charitable Incorporation Organisation. The principal office 15 16 Upper Wobum Place, King5 Cross, London WC1 H OAF. 1.1 Accounting convention The charity constilutes a public benefit entity as defined by FRS 102. The financial statements have been prepaied in accordance with Accounting and Reporting by Charities.. Statemenl 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 Slandard applicable in the Uniled Kingdom and Republic of Ireland {FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice. The financial statements have departed from the Charitie5 (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in 5teding. which is the fundional currency of the charity- Monetsry amounts in these financial statements are rounded to the nearest £. The financial slatements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instnjments at fair value. The principal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretlon of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The Purposes and uses of the restricted funds are set out in the notes to the financial statement5. 1.4 Income Income is recognised when the charity is legally entitled to it after any perfomiance conditions have been met, the amounts can be measured reliably. and it is probable that income will be received. Cash donation5 are recognised on receipt. Other donations are recognised once the charity has been nolified of the donation. unless performance conditions require defeal of the amount. Income tax recoverable in relation to donations received under Gfft Aid or deeds of covenant is recognised al the time of the donation. Legacies are recognised on receipt or otheN4ise if the charity has been nolified of an impending distribution. the amount is known, and receipt is expected. If the amount is not known, Ihe legary is treated as a contingent asset.
THE SILVERLINING CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Accounting policies (Continued) 1.5 Expenditure Expendrture is recognised once there is a legal or construclive obligation to transfer economic benefit to a third party. it 15 probable that a transfer of econornic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activty. The costs of each activity are made up of the totsl of direct Costs and shared costs, including support costs involved in undertaking each activity- Direct costs attributsble to a single activity are allocated directly to that activty. Shared costs which contribute to more than one activity and support costs which are not attributsble to a single activty are apportioned beiween 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. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. ere costs cannot be directly attributed trj 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 chariiy and Complian with constitutional and statutory qUIrements. Govemance costs are those incurred directty in support of expenditure on the objects of the charity. Irrecoverable VAT is charged as an expense against the activity for which expenditure arose. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequentty measured at cost of valuation, net of depreciation and any impaimient losses. All assets costing over £500 are capitslised. Deprecialion is recognised so as to write off the cost or valuation of assets less their residual values over their usefijl lives on the following bases: Computers 25Yo Straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carying value of the asset, and is recognised in the ststement of financial activlties. 1.7 Impairnient of tixed assets At each reporting end date. the charity reviews the carying amounts of its tangible assets to detemiine 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 detemiine the extent of the impaimient loss (if any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-temi liquid inveslrnents with original maturities of three months or less, and bank overdrafts. Bank overdraft5 are shown within boowingS in current liabilities. 10-
THE SILVERLINING CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Accounting policies (Continued) 1.9 Financial Instruments The charity has elected to appty the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial inslruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes paty io Ihe contractual provisions of the inslrument. Financial assets and liabilities are offset. with the net amounts presented in the financial statements, when there is a legalty enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assels, which include deblors and cash and bank balans. are initially measured at transaction price including transaction wsts and are subsequentty carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. where the transaction is measured al the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic flnanclal liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction pri unless the arrangemenl constitutes a financing transaction, where the debt instrument is measured at Ihe present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are nol amortised. Debt instruments are subsequenlly carried at amortised cost. using the effective interest rate method. Trade creditors are obligations to pay for goods or services Ihat have been acquired in Ihe ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If nol, they are presented as non-current liabilities. Trade creditors are recognised initialty at transaction pri and subsequently measured al amortlsed cost using the effective interest method. Dere¢ognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.10 Employoè benefrts The cost of any material unused holiday entitlement is recognised in the period in which the employee's services are received. Tem)ination benefits are recognised immediately as an expense when the charity is demonstrably committed to temiinate the employment of an employee or to provide termination benefits. 1.11 Retlrement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. 11
THE SILVERLINING CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Crltlcal accounting estimates and judgements In the application of the charity's accounting policies. the trustees are required to make judgements. estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be ielevant. Actual results tnay drffer from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the eslimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both cuent and future periods. Income from donatlons and legacles Unrostrictsd Restricted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Donations and gifts Legacies 32,823 85.000 93,500 126,323 85.000 90,925 38,410 129,335 117,823 93,500 211,323 90,925 38,410 129,335 Income from charltable actlvitlès Unrestrlcted funds 2024 Unrestrlcted funds 2023 Charitable Activity Fundraising events Affiliated Solicitors. Scheme Other income 10.960 8.250 2.288 18.125 12.603 455 21.498 31.183 12-
THE SILVERLINING CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Expendlture on charltablg activitie5 Charltable Actlvlty 2024 Charltablè Actlvlty 2023 Direct Costs Staff costs Event Costs 93,027 32,696 80,967 23,994 125,723 104,961 Share of support and governance costs (see note 71 Support Govemance 45,534 2,994 36.033 3,210 174,251 144,204 Analysis by fund Unrestricted funds Restricted funds 67,939 106,312 101,678 42,526 174.251 144,204 Net movement In funds 2024 2023 The net movement in funds is stated after chargingl{crediting)= Fees payable for the independent examination of the charity's financial statements Depreciatlon of owned tangible fixed assets 2,994 363 3,210 440 13-
THE SILVERLINING CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Support costs allocated to actlvlties 2024 2023 Depreciation Rent Insuran IT costs Postage, freight & courier Advertising and marketing Sundries Legal and professional fees Travel Telephone Webslte cost Accountancy and bookkeeping Govemance costs 363 5.125 2,546 4,717 1.019 3,645 5,094 9,043 3,062 5.155 440 4.725 2,750 2.818 4,698 2,801 4.027 3,923 5.167 1,447 i j 5.765 2,994 2.353 3,210 48,528 39,243 Analysed between: Charitable Activlty 48,528 39,243 Trustees None of the trustees (or any persons connecied with them) received any remuneratlon or beneffts from the charlty during the year. During the year £991 (2023: £1,011 two trustees) was reimbursed to one trustee for travel and re- imbursement of other charity related expenses. Employees The average monthly number of employees during the year was: 2024 Number 2023 Number Employment costs 2024 2023 Wages and salaries Social security costs Other pension costs 87,941 3.155 1,931 76,957 2.263 1,747 93,027 80,967 14-
THE SILVERLINING CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Employees (Conllnued) The key management personnel comprise of the trustees. The trustees do not receive remuneration therefore there is no remuneration paid to key tnanagement personnel. There were no employees whose annual remuneration was more than £60,000. 10 Taxation The charity is exempt from taxation on its activities because all its incorne is applied for chaiitable purposes. 11 Tangible fixed assets Computers Cost At 1 September 2023 2,376 At 31 August 2024 2,376 Depreciatlon and Impalrnient At 1 September 2023 Depreciation charged in the year 924 363 At 31 August 2024 1.287 Carrying amount At 31 August 2024 1,089 At 31 August 2023 1,452 12 Debtors 2024 2023 Amounts falling due withln one year. Trade debtors Prepayments and accrued income 3.251 3.888 3,065 680 7.139 3,745 15-
THE SILVERLINING CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 13 Creditors: amounts falllng due wlthln onè year 2024 2023 Notes other taxation and social security Deferred income Trade creditors Other creditors Accruals 5,329 2.060 9,167 2.684 14 2.598 377 2,994 3,210 11,298 17,121 14 Deferred income 2024 2023 Other deferred income 9,167 Deferred income is included in the financial ststements as follows= 2024 2023 Deferred income is included within: Cuent liabilities 9.167 Movements in the year.. Deferred income at 1 September 2023 Released from previous periods Resources deferred in the year 9,167 {9,16n 8,020 18,0201 9,167 Deferred income at 31 August 2024 9,167 15 Retirement benefrt schemes 2024 2023 Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes 1,931 1,747 The chaiity 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 independentty administered fund. 16-
THE SILVERLINING CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 16 Restrlcted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subjectto specific conditions by donors as to how they may be used. At1 September 2023 Incoming resources Resources At 31 August expended 2Q24 Donations - salary costs Woodland Brook Trust Midlands Region Nelson's The Archer Trust Surrey Region London Region Art Therapy City Bridge Trust SUeY community foundation music 47,000 2,000 25,000 5,000 1,500 2,000 4.000 2,000 5,000 (47,OOD) {11,122) 125,000> (5,000) (1,500> {2,000> (4,0001 {2,000) (5,000) (3,690> 9,122 3,690 12,812 93,500 1106,312) Previous year: At1 September 2022 Incomlng resources Rosources At 31 August expended 2023 Donations- salary costs Therapy Cty Bridge Trust Sheldon Trust Therapeutic activities Barbican event Symondson Foundation Postcode Society Trust Woodland BroDk Trust 20,000 5,000 5,000 5,000 2.410 500 500 120,000) (1,310) 15,0001 (5,0001 (2,4101 15001 1500) (7.8061 3,690 7,806 9.122 9,122 16,928 38,410 (42,5261 12,812 Salary costs Grants to cover salary costs to deliver projects. Woodland Book Trust Info required Nelson s 8nd Woodland Book Trust Funds donated by Nelsons manufacturers of natural health care and homeopathic remedies. For the production of the Vvoodlands Book cross platform, collaborative charity project. This encompassed creativty and work within and from our members who attend all aspects of our STAR programme, such as the Creative Writing Group, Art and Music therapy groups, Photography group, and Neuropsychologist run Healthily Relationship group. 17-
THE SILVERLINING CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 16 Restri¢ted funds (Continued) Regional Restricted Funds Donations received for specific regions are included in the appropriate fund, with the expendilure for those regions being recorded against the applicable fund. The Archer Tnjst General funds towards facilitation of the STAR programme - The Silverlining charity 5 day a week online programme of therapeutic activities. This growth and our seNices have seen a rise in our numbers and reach into new regions. Art Therapyproject (Maryam D'Arbo - Sotheby's auction) Funds donated from the sale of'Bond Gitl, Maryatn D'Arbo Cello case from Living Day lights Bond Movie sold at Sotheby's auction. Funds to facilitate the new set up and running costs of the London Art Therapy Group City Bridge Trust Monies awarded to support one of our key employee role5 for three years. Surrey Gommunity Foundation Music Therapy Monies awarded to help with tunning costs of our Surrey Silverlining hub. Sheldon Tnist Relates to fijnds restricted to the West Midlands Region for any activity and running costs. Barbican event Monies awarded for Silverlining Charity being part of a feedback conference at The Barbican for tharilies being supported by cty of London. Postcode Society Trust Monies awarded to fund one full year delivery of online therapeutic support. The annual monies received funded the operational running costs of over a dozen neurological therapies, induding Art Therapy, Music Therapy, Creative Writing, Healthity relationships and Seated Exercise. 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. 17 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which a not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specffic purposes. At1 September 2023 Incoming resources Resource5 At 31 August expended 2024 General funds 55,250 139,321 (67.939) 126,632 18
THE SILVERLINING CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 17 Unrestricted funds (Contlnued) Prevlous year: At1 September 2022 Incoming resources Resources At 31 August expended 2023 General funds 34,820 122.108 1101.678) 55,250 18 Analysis of net assets between funds Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 August 2024: Tangible assets Current assetsl(liabilities) 1,089 125,543 1,089 125.543 126,632 126.632 Unreslrl¢ted funds 2023 Restrlcted funds 2023 Total 2023 At 31 August 2023: Tangible assets Current assetsllliabilitiesy 1.452 53,798 1,452 66,610 12,812 55,250 12,812 6B,062 19 Related paty transactlons Suzanne Trask. a trustee, is a partner a Bolt Burden and Kemp. which provided income of £2,750 (2023: £2.750) - through the Affiliated Solicitor Scheme and fundraising income of £500 (2023= £1,000). 19-