THE RIVERSIDE ACTIVE LIVES NETWORK Trustees, Report Including Financial Report & Statements 1 April 2024- 31 March 2025 Registered Charity: 1158529 Registered Company: 09012582
The Riverside A¢tiVo Lives Network Report and Flnancial Statements Contents Page Reference and administratlve Informatlon Report of the trusto•s Independent examinerfs report Statement of financial actlvllles Balance sheet Notes fornilng part of th8 financlal statements 8-16
The Rlverside Active Lives Network Reference and administratlve informatlon Charity name The Riverside Active Lives Network Charity registration number 1158529 Company registration number 09012582 Registered office and operational address The Riverside Centre Dickens Road Gravesend Kent DA12 2JY Director and Trustee V Durrant (resigned 2 July 2025) K DtJrrant-Tye (appointed 2 July 2025) Trustees (not appointed as dlrectors P Wright G Durrant S Bo)re K Durrant-Tye (appointed 2 July 2025> stephen Marshall (appointed 17 Septernber 2025) Chief Offiur and Company Secretary V Durrant (resigned 2 July 2025) K Durrant-Tye (appointed 2 July 2025 as Chief Officer only) Independent Examiner Jonathan Healey FCA Lindeyer Francis Ferguson Limited 198 High Street Tonbridge Kent TN9 1BE Bankers CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
The Rlv•rslde Active Lives Network Trustees. Report Year ended 31 March 2025 Report of the Dlrector and Trustees We are pleased to present our annual report together with the independently examined financial statements of the charitable company for th8 year ended 31 March 2025. Legal and administrative infomation set out on page 1 fomis part of this report. The financial statements of the charity comply with the current statutory requirements, the requirements of the governing document, and the provisions of"Accounting and Reporting by Charities.. Statement of Recommended Pradice applicable to Gharities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effecttve 1 January 2019) (Charities SORP (FRS 102)). Structure, governance and management Governing document The Riverside Active Lives Network is a charitsble company, established on 25 April 2014 and registered as charity on 11 September 2014. The charty was established under a Memorandum and Articles of Association, which established the objects and powers of the charity. and under which it is governed. The company is limited by guarantee and has no share capital. The liability of members is limited to £10 per member in the event of a winding up. Management and governance arrangements The Articles of Association provide for a minimum of one Director and no maximum. The charity currently has a complement of one Directorrrrustee and four Trustees. Requirements for new Trustees are identified and appointed by the remaining trustees. The chair of the Trustees is responsible for the induction of new Trustees, which involves awaren8ss of a Trustee's responsibilities, the governing document, and the work of the charity. Public benefit The Trustees confimi that they have complied with their duty in section 17 of the Charities Act 2011 to have due regard to public benefft guidance published by the Charity Commission. Objectives and Activities The charity's objects are defined by its Memorandum of Association as lo be a not for profit day centre for people with disabilities offering internal and extemal activities and encouraging social integration within the community (Recreational Charities Act 1958).. The official launch date of The Riverside Active Lives Neork was 27 September 2014 when the first activities were open to service users. Achievements and perfonmance The past financial y8ar has been one of both challenge and achievernent for the organisation. Funding issues previously experienced with local authorities have now been successfully resolved, establishing a firmer and more sustainable financial position for the future. Notwithstanding this progress. the year was marked by a decline in service member numbers, primarily due to the sad loss of long-standing members and a limited number of new referrals from Kent County Council (KCC). Despite these challenges. th@ organisation experienced a notsble increase in direct payment clients, which contributed to healthy financial growth compared with the previous year. Through prudenl financial management. controllable costs were carefully managed to offset increases in costs beyond our control. This approach enabled us to maintain overall financial balance without compromising the quality of the services we deliver.
The Riverside Active Lives Network Truslees, Report Year ended 31 March 2025 Achlevements and pèrformance (continued) Feedback received through committee meetings indicates that both members and stak8hold8rs remain highly satisfied with the organisation's performance. This continues to reflect our steadfast commitment to our user- led ethos and to ensure that our services remain responsive to the needs and aspirations of those we support. We have continued to strengthen our collaborative partnerships, particularly with a local college supporting young adults with disabilities into employment. Furthermore. the organisation has provided valuable placement opportunities for adull social care students, contribuling to the development of future professionals within the sector. Our activty base has continued to expand. infomied by regular feedback from members and stakeholders. ensuring that our programmes remain relevant and inclusive. In parallel, we have prioritised the professional development of our stsff team, investing in new training opportunities to enhance skills and uphold the highest standards of service delivery. Overall. despite the challenges faced. this year has demonstrated our resilien, adaptability, and commitment to both financial stability and outstanding service delivery. Flnancial review The charity received grants and donations totalling £5.431 (2024: £8,048) in the year. Income from charitsble activities amounted to £234,727 (2024: £195,491), investment income for the year amounted to £792 (2024: £1,309), giving total incoming resources of £240.950 (2024: £204,848). Expenditure for the year totalled £234,897 (2024: £241,062), giving a net surplus of £6,053 (2024: net deficit of £36.214). Total funds carried forward are £77,160 (2024: £71.107}. Of these funds, £68.023 (2024: £54,087) are general, free reserves being unrestrictecl net current assets. Investment policy The charitable company's Memorandum of Association does not o)nfer any specific rights or restrictions on us as Trustees in respect of investing funds. The funds received by the charitable company during the period under review were not sufficient to justify separate investment, other than to be placed on deposil with the charitable company's bankers. Reserves policy The Trustees aim to maintain an amount in general funds equivalent to approximately three month's running expenses, although this is dependent on the level of grants received. At present the current reserves level is equivalent to approximately four month5, and the additional level of reserves is considered to be prudent given the tnd in rising costs beyond the control of the charty. Risk management The Trustees have formally assessed business risks, and this has involved assessing the types of risk facing the charitable company, prioritising them in terms of the potential impact and likelihood of occurrence, and identifying means of mitigating the risks. As part of this process the Trustees have assessed the adequacy of the charitable company's internal controls and the costs of operating particular controls relative to the benefits obtained.
The Riverslde Active Lives Network Trustees, Report Year ended 31 March 2025 The future The trustees remain committed to strengthening the organisation's solid financial footing to ensure long-tenn sustainability. We will continue lo increase seNice user membership, enhance engagement, and ensu our services remain responsive to the needs and feedback of our users and stakeholders. Ongoing investment in staff development through training and professional learning will remain a priorty, supporting a skilled and resilient workforce. We will also continue to contribute to the future of adult social care by offering placements and development opportunilies for emerging professionals. Through these priorities, the organisation aims to maintain stability, foster growth, and deliver lasting positive impact. Statement of Trustees responsibilities The Trustees are responsible for preparing financial statements in accordance with applicable law and regulations. Company and charity law requires the Trustees to prepare financial statements for each financial year. Under that law the Truste8s have elected to prepare financial statements in aGGordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Under company law, the Twstees must not approve the financial statements unless they are satisfied that they give a iwe and fair view of the state of affairs of the charty company and ofthe surplus or deficit for that period. In preparing those financial statements, the Trustees have.. selected suitable accounting policies and then applied them consistently. made judgements and estimates that are reasonable and prudent., stated whether applicable UK accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; prepared the financial statetnents on the going concern basis unless it is inappropriate to presume that the charity will continue on that basis- The Trustees are responsible for maintaining adequate accounting records which disclose with asOnable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charitable company and to prevent and detect fraud and other irregularities. Directors The individuals who are directors for the purpose of company law and trustees for the purpose of charity law who served during the year and up to the date ofthis report are set out on page 1. Small company provlsions This report has been prepared in accordance with the provisions applicable to small companies subject to the small companies, regime in Part 15 of the Companies Act 2006. Approved by the Trustees and signed on their behalf on 2611112025 K Durrant-Tye Director
The Riverside Active Lives Network Independent Examlner's Report Independent examinerfs report to the trustees of The Rlv•rside Active Llves Network ('the Company,) I report to the charity trustees on my examination of the a¢¢ounls of the Company for the year ended 31 March 2026. Responsibilities and basis of report As the charity's trustees of the Company {and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Cornpanies Act 2006 ('the 2006 Act.). Having satisfied myself that the accounts of Ihe Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carying out my exarnination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. Independent examiner's statemant I have completed my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to believe: aUntIng records were not kept in respect of the Company as required by secllon 386 of the 2006 Act; or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the 8ccounts give a 'true and fairf view which is not a matter considered as part of an independent examination, or 4. the accounts have not b8en prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities appllcable to charitles preparlng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 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. Jonathan Healey FCA Lindeyer Francis Fgrguson Llmlted North House 198 High Street Tonbridge Kent TN9 1BE Date: I ZÈce-Th 2T,
The Riverside Active Lives Network Statement of Financial Activites (Incorporating Income and Expenditure Account) For the year ended 31 March 2025 2025 Restricted funds 2025 Unrestricted funds 2025 Total funds 2024 Total funds Notes Income from: Donations 5,431 5,431 8,048 Charitable activities 234,727 234,727 195,491 Investment income 792 792 1,309 Totsl 240,950 240,950 204,848 Expenditure on: Charitable Activities 892 234,005 234,897 241,062 Total 892 234,005 234,897 241,062 Net (expenditure} Transfers between funds {892) 6.945 6,053 (36,214) 11 52 {521 Net movement in funds (840) 6,893 6,053 (36,214) Reconciliaition of funds: Total funds brought forward 5,057 66,050 71,107 107,321 Total funds carried forward 11 4,217 72.943 77.160 71,107 The statement of financial activities includes all gains and losses recognised in the period. All income and expenditure derives from continuing activities.
The Riverside Active Lives Network Balance Sheet As at 31 March 2025 2025 2024 Notes Fixed assets Tangible assets 4,920 11,963 Current a55et5 Debtors Cash at bank and in hand 27,283 61,217 19,203 60,472 88,501 79,675 Liabilities Creditors: Amounts falling due within one year io 116,261) (20,531) Net current assets 72,240 59,144 Totsl net assets 77,160 71,107 The fvnds of the charity Restricted funds Unrestricted funds 4,217 72,943 5,057 66,050 Total charity funds li 77,160 71.107 The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under sertion 477 of the Companies Act 2006 and that the members have not required the company to obtain an audit in accordance with section 476 of the Act. The director acknowledges thelr responsibilities in complying with the requirements of the Companies Act 2006 with respert to accounting records and the preparation of the accounts. The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. The financial statement5 were approved by the trustees on .... 261111202S K Durrant-Tye Director Charity number: 1158529 Company number: 09012582
The Rlverside Active Lives Network Notes to the Financial statements For the year ended 31 March 2025 I ACCOUNTING POLICIES Status Riverside Active Live5 Network is a charitable company limited by guarantee incorporated in England and Wales. In the event of the charttable company being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity- The address of the registered office is The Riverside Centre, Dickens Road, Grave5end, DA12 2JY. The principal accounting policies adopted in the preparation of the financia I statements are as follows: Basi5 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 IFRS 102}" {effective l January 2019) (Charities SORP (FRS 1021), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006. The Riverside Active Lives Network meets the definition of a public benefit entity under FRS 102. A55ets and liabilities are initially recogn ised at historical cost or transaction value unles5 Otherwise stated in the relevant accounting policy notelsl. The going concern basis of accounting has been adopted since there are considered to be sufficient reserves in place to continue until day centre income returns to expected and h istoric levels. The financial statements are prepared in sterllng, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £. Income Income from charita ble activities is recognised when the charity is entitled to the funds, the receipt is probable and the amount can be measured reliably. For grants, this is usually when a formal offer is made in writing, unless the grant contains terms and conditions outside of the charity's control which must be met before the charity is entitled to the funds. Where grants are received in response to a proposal including a budgeted timescale, such that the timescale for the expend iture is implicit in the rant aRreement, the income is recoRnised in accordance with that timescale. Service user income is recognised in the period to which the attivity was undertaken. Donations are usually recognised on receipt. Investment income 15 recognised when receivable. Interest is accounted for as accrued income where it is due but has not yet been credlted.
The Rlverside Active Llves Network Notes to the Financial Statements Forthe year ended 31 March 2025 I ACCOUNTING POLICIES (continued) Expenditure and creditors Expenditure is recogni5ed when a present legal or constructive obligation exists at the balance sheet date as a result of a past event, it 15 probable that a transfer of economic benef its will be required to Settle the obligation. and the amount can be estimated reliably. Expenditure has been classified under headings that aggregate all costs related to the category. The charity currently has one activity and support costs have been wholly allocated to that activity (Day Centrel. Creditors are recognised at the settlement amount. Taxatlon The charitable company is exempt from corporation tax on its charitable activities. Fund accountlng Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees. Restrirted funds can only be used forthe particular restritted purposes within the objects of the charty, Restrictions arise when specified by the donor or when funds are raised for particular restrirted purposes. Tangible assets and depreciatlon Tangible a55et5 are stated at cost less depreciation. Depreciation is provided at rate5 calculated to write off the cost less estimated realisable value of each asset over its expected useful life, as follows: Motor vehicles Computer equipment 33.33% per annum on cost 33.33% per annum on cost Flnancial instruments The charitable company On has financial instruments of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Leasing Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The charity has operating leases relating to rental of premise5 3 nd minibuses.
The Riverslde Active Lives Network Notes to the Financial Statements For the year ended 31 March 2025 2 DONATIONS AND GRANTS 2025 2024 Department of Transport General donations 3,332 2,099 3,008 5,040 5,431 8,048 The comparative figure includes restricted income of £2,500. 3 CHARITABLE ACtIVlTIES 2025 2024 Day Centre Charges to users Kent County Council 119,062 115,665 77,860 117,631 234,727 195,491 The comparative figure includes restrirted income of £nil. 4 RESOURCES EXPENDED 2025 2024 Day Centre Salaries Employer's national insurance contributions Employer's pension Subcontractors Recruitment and other staff costs Minibus expenses Service user expen5e5 Grant expenses Membership5 Volunteer expenses Support costs {note 5) 103,840 170 1,356 60,859 1,714 9,273 3,518 1,012 4,392 311 48,452 118,243 207 1,447 46,609 2,375 17,798 1,661 36 480 51,724 234,897 241,062 The comparative figure includes restricted expenditure of £482. io
The Rlverside Active Llves Network Notes to the Financial Statements For the year ended 31 March 2025 5 SUPPORT COSTS 2025 2024 Printingi Postage and stationery Covid expenses Rent Insurance Depreciation Marketing Bank charges Staff training Dues and Subcriptions Bad debt expense Governance: Independent Examiner's fee 844 2,187 478 27,000 8,532 9.164 27,000 8,540 7,042 662 60 2,471 150 2,791 517 1,363 1,315 48,452 51,724 6 STAFF COSTS 2025 2024 Gross 53 laries National Insurance contributions Employer's pension 103,840 170 1,356 118,243 207 1,447 105,366 119,897 No employee received emoluments in excess of £60,000 during the year (2024.. none). The average monthly number of employees during the year, calculated on the basis of full time equivalents, was as follows,. 2025 No. 2024 No. Centre manager Day Centre io io 11 li
The Rlverside Artive Uves Network Notes to the Financlal Statements For the year ended 31 March 2025 7 TRUSTEE REMUNERATION AND EXPENSES During the year, Vince Durrant, a director and trustee of the charity, received £54,00012024: £54,000) in remuneration for his role in running the charitable company on a day-to-day b3515. During the year Vince was also in receipt of company pension contributions under auto-enrolment totalling £533 {2024: £533}. During the year, Kirsty Durrant-Tye, the current director and trustee of the charity received £25,500 12024: £21,000) in remuneration for her role in running the charitable company on a day-to-day basis and fundraising. During the year Kirsty was also in receipt of company pension contributions under auto- enrolment totalling £578 {2024'. £4431. During the year, Gloria Durrant, a trustee of the Charity, was paid £1,85012024: £1,915) in her role as a counsellor. Key Management Personnel consists of Vince Durrent and Kirsty Durrant-Tye. Key management remuneration in the year was £79.500 {2024: £55,915), No trustee expenses have been incurred {2024: £nil). 8 TANGIBLE ASSETS Motor vehicles Computer equlpment Total Cost At l April 2024 Additions Disposals At 31 March 2025 60,238 3,138 63,376 (8,1581 52.080 {8,1581 55,218 3,138 Depreciatlon At l April 2024 Charge for the year Eliminated on disposal At 31 March 2025 49,450 6,454 {8,1581 47,746 1,964 588 51,414 7,042 18,158) 50,298 2,552 Net book value At 31 March 2025 4,334 586 4,920 At 31 March 2024 10,788 1,174 11.963 12
The Rlverslde Active Lives Network Notes to the Financlal Statements For the year ended 31 March 2025 9 DEBTORS 2025 2024 Accounts receivable Prepayments and accrued income 25,614 1,669 17,536 1,667 27,283 19,203 10 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 202S 2024 Loans Accounts payable Accruals Other taxation and soci315ecurity Other creditors 12,660 1,250 1,356 985 io 12,660 3,940 1,308 987 1,636 16,261 20,531 13
The Riverside Artive Llves Network Notes io the Flnanclal Statements For the year ended 31 March 2025 11 MOVEMEKf IN FUNDS At l April Incoming Outgoing Transfers At 31 March 2024 Resour$ Resources 2025 Current year Restricted funds Kent County Council - restraints for minibus Co Op-8ardening grant Kent County Council- sports grant Kent County Council - infection control 1,816 {103} 1,713 67 2.011 {1191 {3751 52 1,636 1,163 (2951 868 Total restricted funds 5.057 18921 52 4.217 Unrestrlcted funds Generolfvnd5 66.050 240.950 I234.5) 1521 72,943 Total unrestrlrted funds 66.050 240.950 1234,QKI51 1521 72,943 Total funds 71.107 240.950 1234,897) 77.160 At l April Incoming Outgolng Transfers At 31 March 2023 Resources Resource5 2024 Prior year Restrkted funds Kent County Council - restraints for minibus Co Op- gardening 8rant Kent County Council -sports grant Kent County Council - infection control Outreach Communications for 1,816 1.816 206 2,116 1139) 1105) 67 2,011 1,163 1,163 2.000 1238) 11,7621 Minibus donation 2,500 2.500 12,5001 14,2621 Total restricted funds 7,301 14821 5,057 Unrestrlcted funds Generalfunds 100.020 202,348 1240,5801 4,262 66,050 Total unrestrlcted funds 100,020 202,348 1240,5801 4,262 66.050 Total fvnds 107.321 204,848 {241,0621 71,107 14
The Riverslde Active Lives Network Notes to the Flnancial Statements For the year ended 31 March 2025 11 MOVEMENT IN FUNDS (contlnuedl In 2019, £3,150 wa5 provided by Kent County Council to purchase new restraints for the minibus, at year end only £1,43712024: £1,334) had been spent, with the balance being carried forward for use in future years. The Co-op 8ardenin8 fund covers usual gardening activities, a5 well as outdoor external sports equipment. This grant will continue to be utilised moving forwards. The Kent County Council sports grant continues to be used to purchase gym membership5 for the charity's service users. The Kent County Council Infection Control Grant was received in an act to reduce the rate of COVID-19 transmission within and between care Settings. The £2,CW Outreach Communications for All project was recelved to tackle inequality, funding new tablets for network members. This 8raDt was spent in the prior year to purchase new computers. The £2.500 donation wa5 received to Use towards the purchase of a minibus in the prior year. 12 ANALYSIS OF NET ASSETS BETWEEN FUNDS Restricted funds General funds Total funds Fund balances at 31 March 2025 are represented by: Fixed assets Current assets Current liabilities 4.920 84,284 116,2611 4.920 88,501 116,2611 4,217 4,217 72.943 77,160 ANALYSIS OF NET ASSETS BETWEEN FUNDS- PRIOR YEAR Restrlrted funds General funds Total funds Fund balances at 31 March 2024 are represented bv: Fixed assets CUrnt assets Current liabilitie5 11,963 74,618 120,531) 11,963 79.675 120,5311 S,057 5,057 66.050 71,107 15
The Rlverside Active Llves Network Notes to the Flnanclal Statements For the year ended 31 Marth 2025 13 OPERATING LEASE COMMITME5 Lessee At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows.. 2025 2024 Not later than l year Later than l year and not later than 5 year5 1,362 5,299 1.362 1,362 6.661 The total lease payments recogni5ed a5 an expense in the year was £32.71912024: £35,584}. 14 RELATED PARTY TRANSACTIONS There have been no related party transactions other than those alrÈady disclosed in note 7. 16