REGISTERED CHARrrY NUMBER . 1159184 Re Unaudlted Flnancial Statements for the Y r Ended 31 Mar h 2024 for North Somerset P le Flrst The Local Accountsnt 19 Boulevard Weston-super-mare North Somersel BS23 1NR
North Somerset Peo le First Contents ol the Financial Statements for the Year Ended 31 March 2024 Page Raport ol the Trustees Independent Examiner's Roport Stalement of Financlal Aclivities Balance Sheet Notes to Ihe Financlal Slalemenls Slatement of Financial Activities 10 Detalled Statement ol Flnanclal Activilies
omerset Peo IÈ Fi f the Trust omerset Peo È First The trustees present their report and financial statements ol the charty for the year ended 31st March 2024. The truslees have adopted the provisions ol the Statement of Recommended Practice ISORPI 'Acwunting and Reporting by Charities. IFRS 1021 in preparing the annu report and financi staternents ol the charity. The financial statements have en prepared in accordance wth the accountiro policies set out in noies to the accounts and comply wth the charity's govèming drnent, the Charities Act 2011 an(J Aecounting and Reporting by Charities.. Statement of Reccimmended practi applicable to charities prepariro their accounts in accordartt with the Financial Reporting Standard applicable in the UK and Republic ol Ireland published in October 2019. The trustees have referred to the guidance eontained in the Charty Commission's general guidance on public benefrt when reviewing their aims and objectives and in planning future 8Ctivthes. Trusteès. pay particular attention and consideration ol how these contribute to those aims and objectives. The objects ol the CIO are.. The promotion ol social induslon among people with leaming disabilthes and associakd condillons who live or work in the West County and are excluded from soryety as a result ol their learning disabilitiès or associated conditions by.. l. providing training, lacililation ot work opp)rtunili&s, education, Snlomation, supp)rt, and sell-advocacy.. I raising public awarenass ol the issues atteth'ng pets8 with leaming disabilities and associatèd conditions both generally and in reladon lo their social exclusion. Th8 ¢hanty's approach Ss bullt on the etsre belSel that everyone, regardl$$$ of their disability, has the right lo be heard, to paiicipate in society, and to live with dignity. We provide a range ol services aimed at helping individuals advocate lor themselves, improve mental health, build confidence. and access resources that promote independence and social indusion. W& prowde speaking up forums across the BNSSG area, facilitate training opportunilies and servlces to Imprts the Ilves of people wrth learning disabilities. including.. activities that reduc8 Ihe soeial isolation and poor mental health that many peop18 With learning disabilities experien¢g. We have clear access links to all statutcry seMce$ within our semce areas and en$urt the waws and opinions ol people wfth a learning disability ar• Ltsed to influence and develop these services. NSPF is a Disability Ctsnlklent Employer who prowdes paid employrnent and opportunities for meaninglul work experie0 programs for pecple with learning disabilities. NSPF has a deep understanding ol Its members and losteTS posttlve, supportive, and long-lastlng relationships. Through our servi¢& and activity provisions, we gain valuable insight inio the challenges laced by individuals with reaming disabilities or autisrn and work relentlessly to addrèss these Issues. FINANCIAL REMEW Prln¢lpal funding source$ The charity's income is derived Irom local authority and ether private & a¢Sibl9 grants. Reserve lunds will be mainlalned at a level equivalent to months opera110n expendilure and will prode the charity with adequate financial stability for the foresèeable future. The reserves fund will be investèd in deposit accounts agrèed by the Board ol Trust8•s. The arnount the reserve$ fund will be calculated as follows.. 1.six rnonths ol all employees, salaries plus national insurance & penslon ¢¢ntribthion$. 2.The amount ol reduntjaney payrnent and any payment in lieu ol notice to which each employee woul¢J be entitled rf the charity were dissolved. 3.six months ol normal expenditure lor the charty. 4.An amount to cover unforeseen costs. 5.Solicitors' costs for winding up. fj.EXnditure Ic*r planned projects. The resetves fund will be remewed annually and adJUe ac¢ordingly. A report will be submrtted to the Board ol Trustees by the Treasurer & 8u5iness & Finance Manager. All withdrawals from the reserve accounts will be authorised by nominatsd persons trom the Board ol Trustees. As ol the 81st of March 2024, the amount ol restrthd reserves.. £743,923.9S
North Ré for the le First rt ol the Trustees rEn d 31 March 2024 STRUCTURE. GOVERNANCE AND MANAGEMEMr Governing doeumènt The charity is controlled by its goveming documeni, a ol trust and eonsty"tutes an unincorporated charity. The ¢hanty is set up by a scheme ¢ale¢ 1h November 2014. RL8k marwgThnt The trustees have a duty to Ldentify and rethew the risks to which the charty i8 exposed and to ensure appropriate controls are in place lo provide reasonablè assurance against fraud and error. Publle b8nd Tre trustees confirm that they have had due regard to the Chants"es Commission's general guidance on public benefit, particularfy when rewewing th8 charitys aims and objectives lor the year. REFERENCE AND ADMINISTRATIVE DETAILS Rogi$t¢r¢d Charlty number- 1159184 Goveming Do¢umÈnt CIO . Foundation regist8r8d 1h Novernber 2014 (amended 16th May20231 The Campus Highlands Lane Weston-super-MaTe Nonh Somerset BS24 7DX Trustses Jane Haros Ichairpèrsonl Christophèr Bird ITreasurerl Kwe Hannan Hugh Ross Rebe¢ca Keating Ghri5 Garcia Independent Examiner Kirsty Fowler MAAT A Tha Local Accountant Lld 19 Boulevard Weston supèr Mare North Somers 8S23 INR Bankers Hs 174 HwJh Slreel.Worf8, Weston SuFer Mar¢ BS22 Cambrfdgo & Counl8s Bank Umtted Chamwood Court . 58 New Wak, Loicester LE16TE Na¥onvhlg Bu11r$ Sodoty Kings Park Road. Mouhon Park. Industrial Esle. Northhampton NN3 8NW CAF BANK 25 Kings hill Avenue Kings hill West Malling Kent ME19 Vkgln 7 Gotd Street. Northampton NNI 1 EN Approv•d byorder of the board ol trustees on 27101r2025 and signed on its béhalf by: Christopher Bird Treasurer Page 2
tll Examiner's R ort to Ihe Trusttès of North Somerset Peo le First Independent examfines report to trustees of North Sornerset People First I report to the chartytrust£es on rny examination ol the accounts ol North Somerset People Firw lor the year end&l 31 March 2024. Responsibililès and basls of report As the charity trustee5 of thè Tnjst you are resnsitA8 for the preparation of the acc¢Junls in aceordaneÈ wlh the requirements of the Charitie5 Act 2011 I'the Acri I rert in sPeCt of my exarninat'on ol the Trusfs accounts carried out un(Jtr 5tIOn 145 of the act and in carying my examination I have followed 1 applicable directK)ns given by the Charity Commision under section 14515llbl of the Ath. Indepèndent oxarnlnerfs stst•mnt I have completed rny exarninaiion. l eonliTm that no material matt•TS have come to rny attention in ecfinecbon wilh the ex2rnination giving me caus8 to bdieve that in any materid respect.. accouniing re¢ords were not kept in respect of the Tntsi as required by section 130 01 Act,. or the accounts Llo noi accord wth those records.. or the accounts do not comply Mth the applice reqJirem•nts corLerrq the fomi and eontsnt ol accounts set out in the Charitiés (Accounts and Rewrtsl Regulations 2008 other than any wuiremern thai the accounts give a true and lalr vw %thich is not a matter considered a8 part of an indeFendont examinalcn. I have no concerns and have corne across no olner matt•rs in connection wth the examination whieh atttnlion shoukl b8 dra in this pOrt in order to enatjle a prowr yndwstanding ol lh• atUnts to reachad. rsty Foer MAAT A Tho Local Accountant Ltd 19 8oulevard Weston super Ma North Stsrnerset BS23 1NR Page 3
NorthSomersetPe l Fi Statement ol Financlal Aetlvlties for the Year End 31 March 2024 2024 Totsl funds 2023 Total funds Notes INCOME AND ENDOWMENTS FROM Grants Setwices Misc. Income 218,992 159.042 1.830 137,756 136.578 2.800 2,179 Fundraising Inv&stmènt ineomg 7.297 2.610 Total 390,605 281,923 EXPENDrruRE ON Charltable actItIeS Charitable activibes 384.432 278.481 Total 384,432 278,481 NET IEXPENDITURE)nNCOME 6.173 3.442 AECONCILIATION OF FUNDS Totsl funds brought foTh•ard 165,471 162,029 TOTAL FUNDS CARRIED FORWARD 171,644 165 471 The notes form part of these financial staiemenis Page 4
h Somerset Peo 1 March 2024 21r24 Total funds Totsi fund5 FIXED ASSErs Equipm8ni CURREKf ASSETS Cash al baA( 591.192 S38,952 S91,192 S36052 CReDtTORS Amwnts falling due l1n one ar 419,549 371,481 NET CURRENT ASSETS 171,644 16SA71 TOTAL ASSETS LESS CURRENT LIABIUTIES 171,644 165.471 NET ASSETS 165 171 844 71 R•prts•nt•d by Baiart8 brought lerward Prelll lor Ihe period 16S.471 6.173 162,029 3.442 TOTAL FUNDS 18S 171 644 71 The financial siatemenis were ar4)roTh1 by the Board ol Trustees autherised lor isuse on 271011202S......................................,.., ,.. and were signed on its bthall by.. Christopher Bird . Trèasurw The notes lom partoflhes& fina141 $t*emenis Page 5
North Somerset Peo le FITSt Notes to the Financial Statements they r Ended 31 March 2024 ACCOUNYING POWES Basls of prepar5ng the financlal statsments The linancial slaternents ol the charity. whid) is a wblic benelit entity urLler FRS 102. have been epared in accordanee with the Charits'es SORP IFRS 1021'Accouniing and Retx)rting by Chanbes.. Statement of Ae¢ommencled Practice aFplicable lo charities preparing Iheir accounts in accordance wrth the Financial F4ep)rJng Standarf applicable In the UK and Reputylic ot Ireland IFRS 1021 leflactiva 1 January 20191.. Financial Reporting Standa 102 Tre Financial ReprKting standard applratAe iin the UK and Repubiic ol Ireland. and IIE Charities Au2011. The tinaroal siai8ments have bÈen prepared undèr the historic cosi conv¢ntion. Wllh the exception of investments whrh are iluded ai mathei value, as illed by the revaluaiion of Cer1n assets. Tré lin•neial statem¢Ns havt ty¢n prepar•d lo giv• a an¢ fail ¥1 ana have d¢wrted from the Crities IAGcounts Repoftsl Reoulaiions 2008 only10 th8 exteni required to provide a Irue and lair vievl. Thi5 departure has involvod folbwing the Accountlno and Reporting by Charit5.. Statement of Recomrnend8d Practice applicthe to charities preparing Ihr accounts in accordance with the Financol Reporting star¢8 apVi¢abb in he UK and Republic ol Irgland IFRS 1021 issued on 16 July 2014 raiher than the AcrLsunling and ReportstYJ by Charities.. siatemew ol Recommended Practrce effo¢1iv¢ from 1 nI2005 which has &nce b8•n withdrawn. ThB trust con5titut85 a wblt b•n•lil •nlity as d•fined by FRS 102. linanoal statemnls aTr presented in 510rfiry which is th# functional curwrKy DI the charlty rounolgd to the n8ar8St£. trusiess nsIder Ihatth¢r• are no material uncertainties abjul th8 Trust's ability to COnlinu• as a ooing concern. Wilh respect to tre nexi year. the rnosi signilKant amas ol une•rtaintythai all•ci IM Carry valu• ol ass•ts by Ihe Tru$1 aro thg level ot investrnent reium and the pertormance ol inve5trrenl markets. kncome All ineoma is rwnis•d In th• Siat•mni DI Flnandal Aclwrties once charfty has entttelement lo and Ills vlrtullye•rtain they will r8ceNe thq incom• and th• rrL)fi•t4ry vYe can be moa$urJ with $utfkl8nl raliatrAIIty- In¢om wtth rlat•d xpwdltur Where Incorninq resources have related •xp•nthbJrè the income and related expendityffj are reporte¢ gro$8 in the SOFA. To¥ rttlalms on donaiions and gffts hcorne and lax rg¢lairns are included in th• SOFA atthe same linle as tts qill to which they re10. Grnnts Ind donatlong Grant5 and dcnation5 Bre clY ir¢Ij•d in th• SOFA whon th• ¢harity has Unnonal •nfjllement 10 IIKI In¢orm. In¥e$tmni In¢omt Th15 Is Included In the accounts wh•n re¢•iYabkn. In¥estrTr•rt galns and lo•s•s This include$ any gain or less en th• sal• ot inv•sbn•nts and ary pain or loss r•sulliryJ Irom revalulng inve$lments 10 markt vu0 ai the end of the year. Expendrture Liabilities are Ognised as expenth'ture as soon as the is a leGal orcon8ifucDve oYigaiKJn committing the charity lo th81 axp&ndilur•, il is probable thai a transfer ol economic bènetits %MII be required in settlement and the amount ot the obligation can be measur reliatly. &¥pendilure is accourned tor on an accruaLs basis and ha5 been classified under headings thai aggregate all co81 felated lo the ca1890ry. wfre wsts cannot be directly attributed lo parbcuLqr h8adiryJs they have been a1Cat 10 aCli¥il*S on a basis consi8tentwilh the use ol resources. Charftable actlvltles l Grants chanty rwets Ils objectives by prcviding grants tc other 0rgarysainS as set out in IPe Irusiees report. These are onw recognise in the accounts when a cornrni1rn8nl has b8en made and trere are no conditions lo be met r8iabr¥J to the grant whiGh remain on Ihe control ol the chanty. Grants oltered sul"e lo conditions which have not been met at the year end dale are rrfJt8d #s a commitmtrni bul not accru•d expwclitur8. Page 6
No merset Peo to the Financial Staterrenls- contln I the Year 1 March 2 24 1. ACCOUNMNG POUCIES. Contlnued Taxotlon The charfty is exempt from tax gn its ¢haritrbl• aciwitwa. Fund accounlng Unrestricted lunés can used in artortsnctwith Ihe charilablg obje¢tsve5 al tha discretn ol the trustees. Aesir lunoLs can onw be used forp8ricular restricted purposes within the objects ol the ehaty. Resiri¢tlons arise when $pecMied by the dowr or when funds are raised for partieular restricied wrpcsos. Furth8r exp81) of th8 nawre and purp)se of 8a¢h 1$ inc1yed in the noto$ to the linan¢ial StatnIS. Cash at bank In hand Cash at bank and cash In hand incl•$ eash and shorttem? highly Iquld Investrnents with a short maturity ol Ihfets montr or fess from the date ol acouisition or opening of th8 d8p0511 or similar aeeount. D8btor$ and eredltors re¢•ly#bl8 I pay8W wèlhln one year D8bior$ and creditor5 wilh n¢ $thied iniaresl rate 8nd receiv•ble or payable within one year ar• roearded at transaction vice. Any losses arising Irorn impairment ar8 recconi$¢d In exp&nditure. I CHARJYABLE AcnvmES 2024 Grants SeNie•# Mix. Incom• Fundraising 218,992 159.042 1.830 3.444 137.7S6 138.578 2,179 383.308 279313 3. TrUSTEESREMUNERATION AND 8ENFlfS Tlre wore no trust•ès' remungraoon or oth•r b¥111$ lorthe y•ar •nd8d 31st Marth 2024 nor Ihe ¥r ended 31st Marth 2023. Trust•o$' Exp¢ns•s Tre wer• no Iwsle8S' aKF¢nses wd for the yearend•d 31st M?r¢h 2024 northe year eTrled 31$1 March 2023. 4. STAFF COSTS 2024 2023 Wag•8 and 8ai•r*$ 289.144 217799 No employees rt¢•lv•d 8rnolurnew$ in ttx¢e5s ol £ eo,ooo. Page 7
North Somèrset Pao le First N tes to the Finan ial Statements- contin lor the Year Ended 31 Mareh 2024 5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 2023 Total Funds fund INCOME AND ENDOWMEKfs FROM Grants Setvices Misc, Income Fundraisin9 137,756 136,578 2,800 2.179 Investment incoma Tolal 281,923 EXPENDITURE ON Charltabl• aetlviti•$ Charitable activibes 278,481 Total 278.481 NET INCOMEIIEXPENDITUREI 3,442 RECONCILIATION OF FUNDS Total lunds brought lorard 162,029 TOTAL FUNDS CARRIED FORWARD 165471 6. INDEPENDENT EXAMINER'S FEES Independent examinels lees are £ 315 for independent examinalion12022: £ 3001. Page 8
North Somerset Peo le First Notes to the Financial Statements. continu for the Year Ended 31 r¢h 2024 CREDITORS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR 2024 2023 Ae¢rued expenses 915 315 Page 9
North Sometset Peo e Firsl stern nt of Financial Activit- tor the Year EndÈd 31 March 2W44 31103r2024 Total funds 31103r20rJ Total funds INCOME AND ENIX)WMENTS FROM Charhablè actlv6tles Grants- Unre5tr¢ted Grants. Restricted Servic8s- UnSted SeNi¢es. Resticted Mk8e. Ineorne. Unrestrict Fundrai$in9- Untricd 37.182 181.809 49,216 109,826 7,918 129.838 47.0 88.677 2,800 2.179 InVlmont Inrne Bank interest- Restr1• 7.297 2,610 Totol incomlng restsure 390,605 281,923 EXPENDITURE Charltsblg aGllvlti Waq Purchases 269,144 72.762 41,454 217,799 39,104 21,469 Ov8rhead$ Rent Legal l••s ank Charges 383A17 2ry481 Supportlng Costs Managom8nt Indep8ndant exarnirnfs lees 915 Total resoure•s •xpanded Net expenditurefincorne 3.442 This paue does not fom) pwt of the statutory financial staternents Pag?io
North Somerset Peoplè First Clisnt Detslled- Incomg and Expendllure Account Year Ended 31st March 2024 2023-2024 Incomè Expendltu 2022-20fd Income Expendlture Change Sales Supponlng Peopte NKS Health Project NSC Communlty T•am for LD NSC ChSldrens Cent8rs Employability Sarvlces pCPAdv0¢aCY Support Programs Lloyds Bank Founthtlon for England & Wal The National Lottgry Communlty Fund. A8L NHS BNSSG ICB. A B8tt8r Llfe •ftry Smlth- Young Peoplès AdVaCY S•ce NHS CCG R•bulldlng Self Advoeaeyacro$$ BNSSG Green Soclal Prwrlblng Programme South Glous Development Fun Iarte1 Communlty Fund Dan¢e & Drar Fundralslng Mlscellan8ou$ leg Incam• Bank Interest recolvgd 38.322.39 2.398.84 7,918.(K 27,000.00 6T2.00 11,125.90 37,418.11 28.679.94 125,201.63 17,239.13 41,032.93 24,554.28 38.196.37 26,296.55 7,918.00 26,995.64 2,000.00 13,276.25 32.624.04 126.02 23.897.71 1,328.CQ 2.150.35 4,794.07 28.679.94 82,963. 17.239.13 22,578.59 18.672.98 2,500.00 2,551.82 2,168.78 584. 1.284.45 969.67 4.687.00 108.682.20 42,238.60 18,454.34 43,227.28 2.500.00 8,77S.91 11.830.85 6.224.09 9,662.09 3,443.84 1,830.33 7,296.90 390,605.30 2,17939 2.800.00 2,609.9D 281,9.10 Staff Costs Supportlng Poople NHS Health PTolg¢t NSC Communlty Team for LD NSC Chlldrens Ceniers PCPIAdvaCY Support Ptogr4ms Lloyts nk Foundoilon lor EnglJn¢ & Wl•s Th• Natlonal Lott•ry Communlty Fund. ABL Henry Smlth- Young Peopl•s Advocacy Servleè NHS CCG Rebulldlng Sell Atho¢•¢y aeio$s BNSSG Green Soclal Pre5¢rlblng Progr8mm• South Glou$ Develowwt Fund Quart81 Communlty Fund 33,862.02 1078.99 7A36.12 25.699.19 731.16 24,431.17 2,302.98 104,704.51 35,390.88 18,395.59 32,363.13 20,492.21 7.425.68 24.459.92 4.001.59 29.98127 1,498.89 18,613.22 410.44 1.239.27 3.270.43 5.550.10 2,302.98 76,588.17 19,584.06 18.731.37 1,666.02 2,6S9.61 2,168.76 51,344.30 28,136.34 15,406.82 35,126.96 1.666.02 6,908A4 11,830.85 217,799.23 4,248.83 9.662.09 269,143.53 Purchase$ Supportln9 P•opl NHS Health Project NSC ComrnunltyT•am loi LD NSC Chlldren$ CentsTS PCPAdvoeaey Support Programs Lloyd¥ Bank Foundatlon for England & Wales The Naiional Lottery ComTnunlty FuTrl. ABL NHS BNSSG ICB. A Better Llfe Henry Smlth- Young Peoplès Athocaey Servl¢e NHS CCG Rebullding Self Advocaey across BNSSG Greeft Soclal Prwrlblng Programm¢ South Glous Develowent Fund Dance & Drarna Fundralslng Mlseellaneous Pur¢h•s•s 4,112.31 519.85 82.24 1A11.52 250.00 4,750.50 5.204.34 500.85 2.772.99 1,131.14 43.19 637.99 4.$84.49 418.41 1,461.47 881.14 43.19 28.376.96 3,310. 26,376.98 14,826.11 15,523.62 3A02.12 3J36.55 11,515.48 2,872.22 5.190.68 837.87 1.835.97 529.9) 1,854.13 837.87 90.79 358.9$ 1,745.18 358.96 216.00 700.00 72.761.62 1.049.44 1.400.00 39,104.47 700.00 33,657.15 GTOSS prollvllossl 48,700.15 25,019.40 23.680.75 Overheads Supportjng Peopl& 351.70 1,086.39 734.69
NHS Health ProA8Ct PCPIAvocacy Support Programs Th? National Lottery Communlty Fund. ABL NHS BNSSG ICB. A Better Ljfe Lloyds Bank Foundation for England & Wales Henry Smith- Young Peopl9¥ Advocacy Sgrvlce NHS CCG Reljulldlng Self Advocacy across BNSSG Green Social Prescrlbing Progrdmme South Gious Develowenl Fund Accrued EXn$¢8 note 2 Legal Fees Bank Charges foo.00 1,224.79 1,146.13 2,586.78 00.00 $40.36 152.97 3,084.23 1.715.50 1,565.15 1299.10 5,671.01 1,715A) 2339.93 2.822.14 175.30 2,909.62 a.00 31.50 11.7CQ.00 2.064.63 87.48 289.79 25.500.00 915.00 137.60 42,526.92 25829 13,800.CO 915.00 49. 20,949.81 108.60 21.57T.11 Excess of Expgnditura over Income Exeess of In¢omo over Expendlturè 6,173.23 390,60S.30 390,605.30 3.442.29 281,923.10 281,923.10 2.730.94 Pige 11- 12