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2023-03-31-accounts

FIRST DAYS CHILDREN’S CHARITY ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023 Charity Registration Number (England and Wales): 1157855

www.firstdays.net • Charity Registration Number (England and Wales): 1157855

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CONTENTS

ANNUAL REPORT, year ended 31 March 2023

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ABOUT FIRST DAYS

First Days was one of the first anti-poverty charities in the country to focus on the distribution of essential items to families. Established in 2013 and initially operating as a Baby Bank, First Days then established a School Uniform Bank in 2016 and went on to offer support with beds and bedding to vulnerable families. However, in 2020 the needs in our community changed and we responded by establishing an Outreach Team, who go into the community to meet families, get to know them and offer face to face support. This outreach team has developed into an exceptionally skilled Family Support Team who get alongside parents and help them in whatever way we can to change their lives.

We believe that poverty is a systemic problem that needs ideological change to underpin policies which prevent all children from living without everything they need for a thriving childhood. We will continue to fight for these changes, alongside our practical and emotional support for families who are trying to survive in a system does not support them.

We believe that all anti-poverty charities have a responsibility to not only do everything they can to support people to improve their lives right now but also have to take seriously their responsibility to use their voice to influence change at all levels.

Over the last ten years the charity has grown and evolved into what it is today: a one stop shop for families in crisis to access practical support in the moment and emotional, peer and specialist support in the longer term.

www.firstdays.net • Charity Registration Number (England and Wales): 1157855

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WHY WE ARE NEEDED?

At First Days, our in house research (2018) showed that families we support in Wokingham find themselves in poverty or facing hardship due to:

High cost of living

No recourse to public funds

Low wages

Unaffordable childcare

Unaffordable housing

Relationship breakdown and domestic abuse

High levels of debt; no access to more credit; no savings and no assets

Access to welfare: delays, sanctions and over/under payments of benefits

ANNUAL REPORT, year ended 31 March 2023

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WHAT DO WE DO?

We support families who are experiencing financial hardship. We offer emotional, practical and specialist support via our Family Support Team. We also help families access the support they need from other organisations, and we distribute essential items via our Baby Bank, School Uniform Centre and Safe Place to Sleep project.

The immediate support we give to families via the distribution of essential items is the first building block in longer term support to help families in other areas of their lives. By helping parents in their moment of crisis, such as ‘my son has lost his school shoes and I can’t afford to replace them!’, we alleviate the immediate crisis and then can work with families to see how else we can empower them, offer them choices and support them into a situation where they never need to make that phone call to us, or another charity like ours, again.

Our model challenges preconceived notions of how families should be supported. Our work is centred around restoring dignity, choice and power to people who have had these things taken away due to their financial situation. Instead of telling families what they should be doing, we ask them what they need and we help them meet those needs. Our model is based on the idea that if someone is supported in their basic need for essential items they will be able to go on to address other issues that are preventing them from fully providing for themselves in the long term.

Where a family still has no power over their situation we work to lobby local and national governments to change their policies to better support families in our community. We have successfully lobbied schools to change their uniform policies to become more affordable and have influenced local governments to commit to making the school day affordable for all children. We have influenced local authorities to change their housing policies and have a national voice in the child poverty policy debate.

www.firstdays.net • Charity Registration Number (England and Wales): 1157855

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WHY WE DO IT

We believe that every child deserves the same start in life and that parents might need some help accessing the support, tools and skills they need to give their children the best life possible.

But, mostly, we believe that there are times in most parent’s lives when they need some extra support in one way or another, and we want to be there to provide that support so children in our community are safe at home, confident at school and have fun.

Evidence from the Child Poverty Action Group shows that when children, in both their early years and at school, feel that they are equal to their peers they achieve more, do better in exams and can get better jobs.

HOW DO WE DO IT?

Our Family Support team is made up of Family Support Workers, Family Coaches, and Outreach Workers. Families can contact us directly, be referred by professionals or may come across our services in their community via our outreach project.

Our Family Support Team offers emotional support, practical advice and guidance, signposting, advocacy and specialist coaching to families. They also refer families to our Baby Bank, School Uniform Centre and Safe Place to Sleep Project so they can access essential items for their children.

ANNUAL REPORT, year ended 31 March 2023

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WHO NEEDS OUR HELP?

64% of the families we support are lone parent households

10% have fled domestic abuse in the past four weeks

12% are refugees

56% are struggling with debts

6% have no recourse to public funds

10% are employed and receive no benefits

We have supported 8,170 children this year, including 2,016 who received School Uniforms as part of our outreach programme and via our School Uniform Shop.

905 children received support through our Christmas Project.

1,234 parents received emotional support from our Family Support Team and all parents received support with essential items and any relevant onward referrals, signposting and advocacy support.

www.firstdays.net • Charity Registration Number (England and Wales): 1157855

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OUR IMPACT

We prevent families from getting into debt.

25% of the families we support said that without our intervention they would have got into debt with banks, credit cards or doorstep lenders. A further 20% said that they would have had to borrow money from friends or family to cover the costs of essentials.

We ensure that children have everything they need to meet their basic needs - 34% of the families we support said that they would have gone without essentials without the support of First Days.

85% of the families we supported said that having choice over the options available to them was ‘very important’ to them.

We support parents who are struggling with low self confidence, through our coaching programme, helping them grow their confidence and find solutions to any issues they are facing.

We save over £750k a year in household budgets across the areas we work.

On receiving a high-chair a Wokingham Mum said:

“ Oh my goodness. This is amazing. I really don’t know what to say. Thank you so, so much!! She’s so happy in her chair! It’s brilliant and something I could never afford”

ANNUAL REPORT, year ended 31 March 2023

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www.firstdays.net • Charity Registration Number (England and Wales): 1157855 9

OUR PROJECTS

Family Support

Families in our community do not know where to turn when they are experiencing financial crisis and the effects of low income. We provide a friendly, non-judgemental and caring service for local families to reach out when they need help.

need for their new arrival. Having a baby can be an expensive time - the families we support feel relief when they know we can help them.

‘Thank you so much for the support and the brand new travel system I received. It’s well loved and really helped me relax, enjoy my pregnancy and enjoy spending time with my new baby especially being a single mum’

Outreach in our Community

Our outreach programme means that families across Wokingham Borough can access support from our Family Support Team where they live, without having to travel. Our outreach service reached 1106 children this year.

Baby Bank

Our Baby Bank helps families who are struggling to afford everything they need for their young families. Expectant parents are invited to choose items from our Elevate Centre Baby Bank Room and are provided with everything they

10 ANNUAL REPORT, year ended 31 March 2023

• • In the Community By the Community For the Community

Christmas

A Christmas Presence is an immersive christmas experience where families are invited to meet Father Christmas, take part in Christmas activities and parents can come and choose gifts for children who would otherwise have gone without. It is so important to us to ensure that parents are giving choice when it comes to what their children unwrap on Christmas morning, so we invite them to ‘shop’ with us.

I was at my worst mental health due to multiple issues within the neighbourhood. I hadn’t eaten or left the house for 6 days. My anxiety was through the roof but I knew I had to go to get some gifts for the children. My mum supported me and I was greeted by such wonderful, caring and amazing staff. They all was so lovely and they will have no idea how much their kindness meant to me that day. Everyone had a

lovely smile and just made to feel so very welcome. Honestly cannot thank you all enough for all your hard, hard work.

“Thank you so much for the Christmas presents for my children and allowing me to choose what they like instead of being given generic presents. I am so grateful.”

School Uniform

Our School Uniform project aims to ensure that all children have access to everything they need to thrive at school. From essentials like uniforms and shoes, to specialist equipment like laptops, cameras or sports equipment and musical instruments. We work specifically with children whose family are suffering from financial hardship, which prevents them from providing everything their child needs to thrive. We reduce inequality and promote social inclusion by removing the barriers to participation in all aspects of school and extra-curricular life.

Safe Place to Sleep

Every child needs a safe and comfortable bed to sleep in. We provide beds, mattresses and bedding to children who would otherwise be sleeping on the floor or sharing beds with siblings or relatives.

www.firstdays.net • Charity Registration Number (England and Wales): 1157855

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“

What an amazing charity, thank you very much. This family will be very grateful, especially after a challenging pregnancy. MIDWIFE, READING

ANNUAL REPORT, year ended 31 March 2023

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OUR VOLUNTEERS

We have a dedicated team of volunteers who work with us at First Days.

Our volunteers provide over £200,000 of work for us each year, giving their time to support every part of the organisation.

Many of our volunteers are from the community we support and are passionate about helping others, whether that is supporting families in the community, sorting donations in our warehouse or fundraising at events.

www.firstdays.net • Charity Registration Number (England and Wales): 1157855

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FUNDRAISING

Events

This year we held our inaugural Colour Run event in Prospect Park, Reading. This event was a huge success, raising over £5000 to support local families.

Our country park trails have been hugely successful this year, bringing together thousands of families from the local community to get outside and explore our country parks whilst raising money for First Days. We also held our first ever Glow Walk, at Dinton Pastures Country Park this year, a community light trail like no other, raising vital funds to support our work.

Regular Giving and Donations

There a hundreds of unsung heroes amongst us! We are so grateful for the money that comes in every month from those people who choose to support us regularly, whether via direct debit or their payroll. This sort of support is often not mentioned, but it never goes unnoticed. Thank you, from the bottom of our hearts.

If you have supported First Days personally, we cannot thank you enough. The team sees every single donation that is given and your generosity makes us happy and glad every single time.

We enjoyed continued support from the annual Barnes Fitness Santa Dash, another amazing donation from this event meant we could support hundreds more children.

14 ANNUAL REPORT, year ended 31 March 2023

CORPORATE SUPPORT

Huge thanks go to the many businesses who support us, we offer both volunteering and fundraising opportunities to teams from businesses. Special thanks to long term supporters 10 Degrees, CAE, REGEXBIO Ltd for their generous donations this year.

We’d like to extend thanks to the following community groups and organisations who supported us with grants and donations this year:

www.firstdays.net • Charity Registration Number (England and Wales): 1157855

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¢<rbaThbYoui FIRST • DAYS

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDING 31 MARCH 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Related Parties

There are no related parties and no related party transactions.

Governing Document

The charity was incorporated on 15th July 2014; It is controlled by its Memorandum and Articles of Association and constitutes a limited company, as defined by the Companies Act 2006.

Risk management

Risks are reviewed at quarterly Trustee meetings.

STRATEGIC REPORT

Recruitment, Appointment and Induction of New Trustees

Details of the trustees are disclosed below. All Trustees give their time voluntarily and receive no benefits from the charity.

The charity’s Articles of Association provide for a quorum of three members. Where there is a requirement for new trustees, these would be recruited and appointed by the Chairman and existing trustees. The Chairman and Chief Executive are responsible for the induction of any new trustees.

The trustees of First Days Children’s Charity are: Robert Cant (Chair)

Emma Paterson Sarah Chaytor Emma-Louise Nolan Richardson Louise Brown Katherine Skilton Hayley Blakeman

Mission and Goals

First Days aims to restore the dignity, choices and power that is often taken from people whose life experience is negatively affected by low-income. We do this by equipping families with the essential items they need for their children in the early years and at school, providing peer support and guidance and specialist coaching.

Public Benefit

First Days has helped 8,170 children this year by providing them with essential items; saving each household, on average £242 in their budget to help with other essential costs.

Fundraising

In 2022/23 our total fundraising income was £530,951 (£330,826, 21-22).

With a continued increase in demand for our services, we are seeking to develop and grow our fundraising portfolio and utilise our resources more effectively.

Governance

The trustees delegate the day-to-day running of the charity to the Chief Executive and she, in turn, works with senior managers across the organisation. The trustees’ main contribution is at a strategic level and they retain overall responsibility for the charity’s governing document. They also retain responsibility for the budgets and reserve policy.

Remuneration policy for key management personnel

The board of Trustees reviews and agrees the annual remuneration of the CEO which is benchmarked against similar organisations.

Policies

The safety and well-being of all the adults, children and young people we work with is at the heart of everything we do. We have a comprehensive Safeguarding and Child Protection Policy, which is regularly reviewed.

As a result of the legislative changes (GDPR and Data Protection Act 2018), we have ensured that our policies, procedures, and training are updated, implemented and absorbed into ‘business as usual’. We monitor and ensure that the highest levels of compliance are maintained when managing our data; as per ICO guidelines paying particular diligence and care to the processing of children’s special category data.

www.firstdays.net • Charity Registration Number (England and Wales): 1157855

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FINANCIAL REVIEW

Financial Performance

First Days’ total income including fundraising and grants was £530,951 (£330,826, 21-22) We invested £60,549 in raising this income and spent £462,894 in support of our core objectives. .

Reserves Policy

The general reserves are required by the charity to meet its objectives of supporting families in need, to protect its current activities, and to allow the trustees to meet their responsibilities and ensure the charity continues on a going concern basis.

At the balance sheet date of 31 March 2023, the total unrestricted reserves were £60,529.

The Reserves Policy requires that the charity holds unrestricted reserves of 3 months of core operating costs for the following year.

We are recruiting volunteers from the communities we serve, and now have these volunteers in all of our teams across the organisation.

PRINCIPAL RISKS & UNCERTAINTIES

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. A risk register is regularly reviewed by the trustees and helps shape the ongoing development of our plans The Trustees consider the key strategic risks to be in the areas of:

Going Concern

The trustees consider that there are no material uncertainties about First Days’ ability to continue as a going concern. The Cost of living crisis has had an impact on the charity’s fundraising income although this is partially offset by emergency grants. There are no material uncertainties affecting the current year’s accounts.

Risks are deemed to be of a strategic nature if their potential impact could have a material effect on our ability to meet our mission and goals. Their presence is therefore a reflection of the priority we attach to them as opposed to our confidence in our ability to mitigate them.

Sustainable income – Whilst the external

Principal Funding Sources

First Days has a broad funding base, attracting support from a wide range of sources, including: corporate supporters (large and small), individual donors (giving on either an ad hoc basis or in a more regular way), fundraising events, individual and group challenge activities and community fundraising groups.

The trustees recognise the importance of developing and maintaining a variety of revenue sources, thus providing continued stability of income in the future, and maintaining this breadth and variety of income source will remain a key component of our long term fundraising strategy.

Equality, Diversity & Inclusion

We are constantly learning and evolving to ensure that we are doing the best we can for all communities across our area. Our CEO is Chair of the Wokingham Borough Equality Forum and is forging close relationships with representatives from diverse organisations in order to form future partnerships to further our aims.

environment is challenging for fundraising, there are opportunities as well as risks associated with it. We are addressing these opportunities and risks through the acquisition of new skills through our newly appointed fundraising manager to support growth across fundraising and the development of new products. In addition, we will constantly review changes in the external environment and closely monitor income performance so we can adapt quickly to changing circumstances.

Ability to meet demand for services – We

have undertaken a review of how families access our service and are limiting our service provision to those who are in most need by changing our referral criteria and working via a relational model with families, where we give parents the choice and empower them to make decisions about provisions for their own children.

18 ANNUAL REPORT, year ended 31 March 2023

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees are responsible for preparing the report to the trustees and the financial spates in accordance with applicable law and United Kingdom Accounting Standards (UK Generally Accepted Accounting Practice).

Charity law 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 including the income and expenditure, of the charity for that period. In preparing the financial statements, the trustees are required to:

The trustees are respoonsicble for keeping adequate accounting records that are sufficient to show and and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and group enabling them to ensure they comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information including on the charities website. Legislation in the United Kingdom may differ from legislation in other jurisdictions.

The Trustees’ annual report has been approved by the Trustees

ON BEHALF OF THE BOARD:

R Cant – Chair of Trustees

Date: 30/01 2024

www.firstdays.net • Charity Registration Number (England and Wales): 1157855

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STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDING 31 MARCH 2023

All transactions are derived from continuing activities.

All recognised gains and losses are included in the Statement of Financial Activities.

Except for gains/(losses) on investments, there is no difference from the results above and the historical cost position.

Unrestricted
funds
(£)		 Restricted
income funds
(£)		 Total
funds
(£)		 Prior year
funds
(£)

Incoming resources

Income and endowments from:

----- Start of picture text -----
Donations and legacies 215,898 215,898 153,186
Charitable activities 112,978 202,075 315,053 177,456
Other Trading Activities 6,178
Gift Aid
Total 328,876 202,075 530,951 336,820
----- End of picture text -----

Resources expended

Expenditure on:

Raising funds 60,549 60,549 43,481
Charitable activities 260,809 202,075 462,884 376,448
Total 321,358 202,075 523,433 419,929
Net income/(expenditure) before investment
gains/(losses)		 7,518 7,518 -83,108
Net income/(expenditure) 7,518 7,518 -83,108
Net movements in funds 7,518 7,518 -83,108

Reconciliation of funds:

Reconciliation of funds:
Total funds brought forward 71,482 71,482 154,590
Total funds carried forward 79,000 79,000 71,482

20 ANNUAL REPORT, year ended 31 March 2023

BALANCE SHEET

FOR THE YEAR ENDING 31ST MARCH 2023

Fixed assets Unrestricted
funds
(£)		 Restricted
income funds
(£)		 Total
funds
(£)		 Prior year
funds
(£)
Tangible assets 14,963 14,963 13,830
Total fxed assets 14,963 14,963 13,830
Current assets
Debtors 20,183 20,183 31,873
Cash at bank and in hand 72,738 72,738 52,625
Total current assets 92,920 92,920 84,498
Creditors: amounts falling due within one year 28,883 28,883 26,846
Net current assets/(liabilities) 64,038 64,038 57,652
Total assets less current liabilities 79,000 79,000 71,482
Total net assets or liabilities 79,000 79,000 71,482
Funds of the Charity
Restricted income funds 17,145
Unrestricted funds 79,000 79,000 54,337
Total funds 79,000 79,000 71,482

The net movement of funds in the year relating to 2022-23 was £7,518.

The financial statements are approved and authorised by the Board of the Trustees on 30th January 2024 and were signed below on its behalf by:

____ ______ Trustee – R Cant Trustee – H Blakeman

Trustee – R Cant

www.firstdays.net • Charity Registration Number (England and Wales): 1157855

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NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDING 31 MARCH 2023

1 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 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) – (Charities SORP 2015 (Second Edition, effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Income

All income is recognised once the charity has entitlement to income, it is probable that income will be received and the amount of income receivable can be measured reliably.

Income from grants is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received, and the amount can be measured reliably and is not deferred.

Expenditure

First Days Children’s Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Judgements and estimates

The Trustees have made no key judgements which have a significant effect on the accounts.

The Trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category.

Irrecoverable Value Added Tax (VAT)

Expenditure on which there is irrecoverable VAT is shown within each relevant cost category gross of VAT.

Raising Funds

These costs are incurred in relation to the fundraising events. As well as the direct costs associated with each event, costs are included in relation to staff members who are engaged directly in fundraising events, publicity campaigns to generate income and an appropriate proportion of their use of shared facilities and central services.

Preparation of the accounts on a going concern basis

Trustees have reviewed forecast income, expenditure and cash flows in the planning process and consider that the charity will have adequate resources to continue for the foreseeable future, despite what they anticipate to be a prolonged period of ongoing economic challenge and uncertainty due to the Covid pandemic. There are no material uncertainties faced by the charity. It is therefore appropriate to continue to prepare the accounts is on a going concern basis.

Charitable Activities

Liabilities for expenses are recognised as expenditure as soon as there is a specific commitment creating an obligation and an expectation that a wish will be fulfilled. The liabilities at the balance sheet date are included both as creditors due within one year and creditors due after more than one year.

22 ANNUAL REPORT, year ended 31 March 2023

Gifts in Kind

The charity receives the benefit of work carried out by volunteers, the value of which is not included in these accounts.

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.

Donated goods

The charity receives donations from the public of secondhand items for babies and children which are passed on to families in need, free of charge. The value of these goods are not included in these accounts.

Cost of Administration

These costs are allocated to the cost of raising funds and charitable activities on the basis of an appropriate apportionment of resources and activities.

Leases

Payments under operating leases are charged to the Statement of Financial Activities on a straight line basis over the life of the lease.

Tangible Fixed Assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures, Fittings & Equipment 20% on cost Motor Vehicles 20% on cost

Creditors and provisions

Creditors and provisions 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. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2. Legal status of the charity

The charity is a charitable incorporated organisation registered in England and Wales with the Charity Commission and has no share capital. The registered office Unit 9, The Business Centre, Molly Millars Lane, Wokingham RG41 2QZ.

Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. The designated funds represents funds earmarked for specific reasons as decided by the trustees.

Restricted funds can be used only for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pensions

Employees of the charity are entitled to join the NEST pension scheme. The charity’s contribution is restricted to the contributions enclosed. Pension costs are allocated in line with associated costs of the relevant employee.

www.firstdays.net • Charity Registration Number (England and Wales): 1157855

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3. Analysis of Income

Unrestricted
funds
(£)		 Restricted
income funds
(£)		 Total
funds
(£)		 Prior year
funds
(£)
Donations
and legacies:		 Donations and gifts 195,428 195,428 107,242
Gift aid 702 702 8,514
General grants provided by
government/other charities		 112,978 202,075 315,053 172,792
Other
trading
activity		 Event income 19,243 19,243 5,142
Other 525 525 881
Total income 530,951 336,821

24 ANNUAL REPORT, year ended 31 March 2023

4. Analysis of receipt of government grants

Description (£)
Government grant 1 Wokingham Borough Council Household
Support Fund		 64,116
Local Government grant 1 Wokingham Borough Council Community
Project		 30,010
Local Government grant 2 Reading Borough Council 3,000
Wokingham Borough Council Ukrainian
Response		 17,960
Local Government grant 3 Wokingham Borough Council HAF 5,140
Total 120,226
Last Year
Description (£)
Government grant 1 Wokingham Borough Council (Household
Support Fund)		 70,000
Local Government grant 1 Wokingham Borough Council Covid Support 30,000
Local Government grant 2 Bracknell Forest (Covid-19 Recovery Fund) 20,000
Local Government grant 3 Reading Borough Council 5,000
Local Government grant 4 Wokingham Borough Council (Digital Exclusion
project)		 4,000
Local Government grant 5 Wokingham Town Council (2021 Christmas
Project)		 3,125
Local Government grant 6 Wokingham Borough Council (Stationery packs
for HAF events)		 2,693
Local Government grant 7 Wokingham Borough Council (100 Children in
Wokingham)		 2,400
Total 137,218

5. Donated Goods, Facilities and Services

This year Last year
Please provide details of the accounting
policy for the recognition and valuation
of donated goods, facilities and
services.		 Donated goods are not recognised
at a value as there is no re-sale
value to the charity. Donated
goods are distributed without
charge as part of the core service
of the charity.		 Donated goods are not
recognised at a value as there
is no re-sale value to the charity.
Donated goods are distributed
without charge as part of the core
service of the charity.
Please give details of other forms of
other donated goods and services
not recognised in the accounts, eg
contribution of unpaid volunteers.		 Unpaid volunteers are a key
element of delivering the core
service of the charity.		 Unpaid volunteers are a key
element of delivering the core
service of the charity.

www.firstdays.net • Charity Registration Number (England and Wales): 1157855

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6. Analysis of Expenditure

6. Analysis of Expenditure
Analysis
Expenditure on raising funds:		 This year Last year
Unrestricted
funds
(£)		 Restricted
income funds
(£)		 Total
funds
(£)		 Unrestricted
funds
(£)		 Restricted
income funds
(£)		 Total
funds
(£)
Incurred seeking donations 9,516 9,516
Incurred seeking grants 38,914 38,914 36,733 36,733
Staging fundraising events 11,950 11,950 4,681 4,681
Advertising, marketing, direct mail
andpublicity		 169 169
Transaction fees 2,067 2,067
Total expenditure on raising funds 60,549 60,549 43,481 43,481
Expenditure on charitable activities:
Staff costs 62,998 137,959 200,957 111,863 67,361 179,224
Building & Insurance 83,653 83,653 52,403 52,403
Administrative Costs 24,042 24,042 45,655 45,655
Cost of goods for benefciaries 90,115 90,115 52,748 52,748
Household Support Fund 64,116 64,116 43,145 43,145
Total expenditure on charitable
activities		 260,809 202,075 462,884 209,921 163,254 373,175
TOTAL EXPENDITURE 321,358 202,075 523,433 253,402 163,254 416,656

7. Paid Employees

This year (£) Last year (£)
Salaries and wages 195,467 202,188
Social security costs 19,437 10,007
Pension costs (defned contribution scheme) 3,055 1,973
Total staff costs 217,95 214,168

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

The total amount paid to key management personnel (including trustees and senior management) for their services to the charity is £58,710.

The charity has 13 employees, the FTE for these employees is 6.4. Last year this was 13 employees, FTE 6.4.

ANNUAL REPORT, year ended 31 March 2023

26

8. Defined contribution pension scheme

This year (£) Last year (£)
Amount of contributions recognised in the
SOFA as an expense		 3,101 1,973

9. Tangible fixed assets

9 Tanible fxed assets
. g Plant, machinery and
motor vehicles		 Fixtures, fttings and
equipment (£)		 Total
(£)
At the beginning of the year 11,544 5,560 17,104
At the end of the year 11,544 5,560 17,104

9.1 Depreciations and impairments

----- Start of picture text -----
Basis SL SL SL
Rate 20% 33%
Depreciation 2,309 1,835 4,144
At the end of the year 2,309 1,835 4,144
----- End of picture text -----

Net book value

----- Start of picture text -----
Net book value at the beginning of
11,544 5,560 17,104
the year
Net book value at the end of the year 9,235 3,725 12,960
----- End of picture text -----

10. Debtors and Prepayments

10. Debtors and Prepayments
This year (£) Last year (£)
Trade debtors 11,690
Prepayments and accrued income 20,183 20,183
Total 20,183 31,873
Analysis of debtors recoverable in more than 1year (included in debtors above)
Prepayments and accrued income 20,183 20,183
Total 20,183 20,183

www.firstdays.net • Charity Registration Number (England and Wales): 1157855

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11. Creditors and Accruals

11. Creditors and Accruals
Analysis of creditors Amounts falling due
within oneyear		 Amounts falling due after
more than oneyear
This year
(£)		 Last year
(£)		 This year
(£)		 Last year
(£)
Accruals and deferred income 26,701 22,586
Taxation and social security 2,182 3,809
Other creditors 451
Total 28,883 26,846

12. Cash at Bank and in hand

12. Cash at Bank and in hand
This year (£) Last year (£)
Cash at bank and on hand 72,738 52,625
Total 72,738 52,625

28 ANNUAL REPORT, year ended 31 March 2023

ADMINISTRATIVE INFORMATION

Registered Charity Number

1157855 (England and Wales)

Registered Office and Operational Address

Unit 9, The Business Centre, Molly Millars Lane, Wokingham, RG41 2QZ

Trustees at 31st March 2023

Rob Cant Chair Katie Skilton Treasurer Hayley Blakeman Louise Brown Emma Paterson Emma Nolan Sarah Chaytor

Senior Management Team

Emma Cantrell Chief Executive Officer

Bank

Lloyds Bank Unit 3, Marketplace Wokingham RG40 1AP

Independent Examiner

Joanna Faint FCCA (Fellow of the Association of Chartered Certified Accountants) 130 Antrim Road, Woodley, Reading, Berkshire, RG5 3NZ

www.firstdays.net • Charity Registration Number (England and Wales): 1157855

29

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

FOR THE YEAR ENDING 31 MARCH 2023

30 ANNUAL REPORT, year ended 31 March 2023

www.firstdays.net • Charity Registration Number (England and Wales): 1157855 31

Unit 9, The Business Centre Molly Millars Lane Wokingham RG41 2QZ

~~www.frstdays.net~~

ANNUAL REPORT, year ended 31 March 2023

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