REGISTERED COMPANY NUMBER: 08554307 (England and Wales) REGISTERED CHARITY NUMBER: 1159584 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 FOR FRIENDS AND PLACES TOGETHER Segrave & Partners LLP Chartered Accounthnts Turnpike House 12081121 O London Road Leigh on Sea Essex SS9 2UA
FRIENDS AND PLACES TOGETHER CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Page Report of the Trustees Independent Examiner's Reporl Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8 to 12 Detailed Statement of Financial Activitie5 13 to 14
FRIENDS AND PLACES TOGETHER REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charit! for ihe year ended 30 June 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. SLitement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reponing Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The aim of the charity is.. To relieve need because of disability and ill health among young disabled people and their families and or carers by.. a) providing friendship groups to support and enable young disabled people to maximise social inclusion opportunities. b) raising public awareness of the issue5 affecting young people, their families and carers. c) providing workshops, forums, advocacy and general support for young disabled people, their families and carers. d) providing out of schooM]olidays facilities and opportunities for young disabled people, their families and carers. Signifieant aetivities During the year the charity offered the follom'ing actions to meet its activitie5- a) providing personal assistance services to young adults to assist them to gain independent skills, confidence, assertive skills. b) training and pre-emploJThent experiences for several service users. c) offering several short holiday breaks for service users. d) offering community building and inclusion. Public benefit The Trustees have referred to the guidance in the Charities Commission's generdl guidance on Public Benefit when reviewing our aims and objectives and in planning our future activities. The Trustees always consider how planned activities will contribute to the aims and objectives they have set for the charity. In consideration of the significant activities stated the Tnte¢S are satisfied the Charity meets all requirements for the provision of providing a Public Benefit. Grantmaking The charity does not make grants to other persons or organisations. Page I
FRIENDS AND PLACES TOGETHER REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 ACHIEVEMENT AND PERFORMANCE Charitable / fundraising activities a) We are now operating back to full capacity and have regained all our previous clients pre covid. b) We have new referrals from social services and from E55ex County Council as well as Southend Local Authority. c) Clients are using their direct payment hours to pay for our services. d) We have reviewed our hourly rdte on all group activities and have reduced £8.00 per hour to make services more affordable to clients 'hO do not receive direct payments. e) Clients are using one to one hours even if they are meeting up w'ith their friends during da1rne activities this was agreed by social services to enable us to fmancially tnange the services and core costs. fj Our core model has been clear that we only offer friendship to small groups, and we provide a limited number of gatherings. g) We have been successful in small bids which has helped cover some of the costs for work carried out by the coordinator. We have some bids agreed for activities to reduce cost to the clients. This has come about due to the cost-of-living crisis. h) We have managed to increase the pay to our staff and we have maintained a healthy reserves to meet future challenges. i) The CEO has managed to negotiate several rental agreements of the head office to cover some of its running costs through sub-letting and hiring. We renied out office space to another group for £240 a month. j) We have been successful in increasing our direct paymenls through small friendship 0upS for the last year. k) We have successfully provided a number of community fundraising activities to raise money to celebrate our l O year anniversary in December 2024. l) We have updated all our support plans and back up inforniation for all our clients as well as keeping our processes and procedures that govern us and k.eeps ihe service 'ith1n set boundaries. m) We now have regular monthly activities for over 25 year old groups and looking at more activities that the community can attend. n) We have set up regular monthly groups in the evenings and weekends which has been successful and sustainable. We have now l O groups that meet at the weekend over the month. o) We have recruited a business administrator in April 2023 which has helped with the gromth and expansion of the service. This has taken off some of the administrdtion so that more referrals can be assessed and processed. p) We are expanding our social media presence and marketing our services to potential custome[5. q) We have brought in new referrals due to our work in h(lS and colleges and raising awareness. FINANCIAL REVIEW Reserves policy The charity aims to hold cash reserves of £25,000 within the bank account in order to cover expenses required in a period of wind do1 or reduced funding. The charity is pleased to report it currently meets thi5 target and continues to monitor the level of reserve funds required. Funds in defieit No funds were in deficit during the year or at the year end. Page 2
FRIENDS AND PLACES TOGETHER REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its goveming documenL a deed of trusL and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Reeruitment and appointment of new trustees The charity sources trustee5 Wlth the skills required to fill ski115 uaps in the charity from advertisement5 Wlth local voluntary, services associations and by current trustees approaching suitable persons. The charity is currently recruiting new trustees. Organisational structure Chief Executive Officer - Denise Nygate Coordinator - Michelle Thompson The officers above manage and coordinate the day lo day operalion of the staff and volunteers of the charity to perfom the activities of ihe charily. Induclion and training of new trusttts The charity has in place an induction and training programme for new trustees to ensure they gain an understanding of the board's activities, responsibilities and undertakings 'hIle ensuring thelr compliance (o prevailing rules and regulations. Related parties The charity Maintains a register of business interests of which any possible related party transactions are bought to the attention of the trnstees at a meeting and adequaie procedures followed. REFERENCE AND ADMINISTRATIVE DETAIIS Registered Company number 08554307 (England and Wales} Registered Charity number 1159584 Registered office Turnpike House 120811210 London Road Le1] on Sea Essex SS9 2UA Trustees W M Bennett S Raviraj l Jones C J Woollard J Spencer (appointed 26.4.24) J M Jackson (appointed 7.3.24) Independent ExamiTJer Stephen Pearce ACA FCCA Segrave & Partners LLP Chartered Accountants Turnpike House 120811210 London Road Leigh on Sea Essex SS9 2UA Page 3
FRIENDS AND PLACES TOGETHER REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 Approved by order of the board of trustee5 on 7 March 2025 and signed on its behalf by: S Raviraj - Trustee Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRIENDS AND PLACES TOGETHER Independent examiner's report to the trustees of FRIENDS AND PLACES TOGETHER ('the Companv,) I report to the Charily irusiees on my examination of the accounts of the Compan>. for the Jear ended 30 June 2024. Responsibilities and basis of report As the charity's trustees of the Company (and a150 Its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Aci 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the 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 examinaiion of J'our charili s accounts as carried out under Section 145 of the Charities Act 2011 ('the 201 l Act,). In carrywints out my examination I have followed the Directions given by the Charitv Commission under Section 145(5) (b) of the 201 l Act. Independent examiner's statement I have completed my examination. I confTh that no matters have come to my attention in connection with the examination giving me cause to believe- accounting records were not kept in respect of the Company as qUIred by Section 386 of the 2006 Act; or the accounts do not accord w'-ith those records- OT the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement thai the accounts give a true and fair view w.hich is nol a matter considered as part of an independent examination. or the accounts have not been prepared in accordance wilh the methods and principles of the Statement of Recommended Practice for accounting and reporting bv charitie5 (applicable to charities preparing 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 w'ith the examination to which attention should be drawn in this report in order (o enable a proper understanding of the accounts to be reached. Stephen Pearce ACA FCCA Segrave & Partners LLP Chartered Accountants Turnpike House 120811210 London Road Le1] on Sea Essex SS9 2UA 7 March 2025 Page 5
FRIENDS AND PLACES TOGETHER STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 2024 ToLql funds 2023 Total funds Unrestrlcted fund Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 1,055 1,055 936 Charitable actii'ities Charitable activities 159,863 159,863 144,379 Other trading activities Investment income 1,327 476 1,922 203 476 Total 162,721 162,721 147,440 EXPENDITURE ON Charitable aetivities Charitable activities 17J,699 173,699 146,447 NET INCOMEI(EXPENDITURE) (10,978) (10,978) 993 RECONCILIATION OF FUNDS Total funds brought forw'ard 78,706 78,706 82,374 TOTAL FUNDS CARRIED FORWARD 67.728 67,728 83,367 The notes form part of these financial statements Page 6
FRIENDS AND PLACES TOGETHER BALANCE SHEET 30 JUNE 2024 2024 ToLql funds 2023 Total funds Unrestrlcted fund Restricted funds Notes FIXED ASSETS Tangible assets 5,555 5,555 6,137 CURRELYT ASSETS Debtors Cash at bank 6.702 66,252 6,702 66,252 4,803 82,241 72.954 72,954 87,044 CREDITORS Amounts falling due within one year 10 (10,781} {10,781) (9,814) NET CURRENT ASSETS 62,173 62,173 77,230 TOTAL ASSETS LESS CURRENT LIABILITIES 67,728 67,728 83,367 NET ASSETS 67,728 67,728 83,367 FUNDS Unrestricted funds 67.728 83,367 TOTAL FUNDS 67,728 83,367 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024. The members have not required the company to obtain an audit ol its financial statements foi the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at ihe end of each financial year and of its surplus or deficit for each finaiicial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companie5 Act 2006 relating to financial statements. so far as applicable lo the charitable company. (b) These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 7 March 2025 and were signed on lis behalf by: ..32 GMTI S Raviraj - Trustee The notes form part of these financial statements Page 7
FRIENDS AND PLACES TOGETHER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 ACCOUNTING POLICIES Basis of preparing the finaneial statements The financial Statemen of the charitable company. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and ReportiT]u by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance M'ith the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 10? 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial s(a(ements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and Ihe amounl can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as ihere is a legal or constwctive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. W.'here costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation 15 provided at the follom'ing annual rate5 in order to write off each asset over its estimated useful life. lrnprovements to property Fixtures and fittings Computer equipment 15 /0 on reducing balance 25 % on reducin2 balance 25/0 on reducing balance Taxation The charity is exempt from corporation Lqx on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are rdised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs 2nd other post-retirement benefits The charitable company operaies a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 8 continued...
FRIENDS AND PLACES TOGETHER NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2024 OTHER TRADING ACTIVITIES 2024 Fundraising events 1,327 1,922 INVESTMENT INCOME 2024 2023 Deposit account interest 476 203 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after chargiTJgl(crediting)- 2024 2023 Depreciation - owned assets 1,182 1,260 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended JO June 2024 nor for the year ended 30 June 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023. STAFF COSTS The average monthly number of employees during the year was as follows: 2024 2023 Direct delivery staff No employees received emoluments in excess of £60.000. COMPARATIVES FOR THE STATEMEKf OF FINANCIAL ACTIVITIES Unrestricted fund Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 936 Charitable activities Charitable activities 144,379 144,379 Other trading activities Investment income ,922 203 1,922 203 Total 147,440 147,440 EXPENDITURE ON Charilable activitie5 Charitable activities 146,447 146,447 Page 9 continued...
FRIENDS AND PLACES TOGETHER NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2024 COMPARATIVES FOR THE STATEMEIYT OF FIIYANCIAL ACTIVITIES- continued Unrestricted Restricted nd funds Total funds NET INCOME 993 993 RECONCILIATIOIY OF FUNDS Total funds brought forward 82,374 82,374 TOTAL FUNDS CARRIED FORWARD 83,367 83,367 TAIYGIBLE FIXED ASSETS Improvements to property Fixtures and fittings Computer equipment Totals COST At l July 2023 Additions 446 3,192 600 14,970 600 At 30 June 2024 11,332 446 3,792 15,570 DEPRECIATION At l July 2023 Charge for year 6,304 754 379 17 2,150 411 8,833 1,182 At 30 June 2024 7,058 396 2,561 10,015 NET BOOK VALUE At 30 June 2024 4.274 50 1,231 5,555 At 30 June 2023 5.028 67 1,042 6,137 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Other debtor5 4,241 2,461 4,448 355 6,702 4,803 Page 10 continued...
FRIENDS AND PLACES TOGETHER NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2024 io. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 Social security and other taxes Other crediiors Accruals and deferred income 969 8,512 1,300 9,189 625 10,781 9,814 MOVEMENT IN FUNDS Net movement in funds At 30.6.24 At 1.7.23 Unrestricted funds General fund 78,706 (10,978) 67,728 TOTAL FUIYDS 78,706 (10,978) 67,728 Net movement in funds, included in the above are as follows: Incomino resources Resources expended Movement in funds Unrestricted funds General fund 162.721 (173.699) (10,978) TOTAL FUNDS 162,721 {173,699) {10,978) Comparatives for movement in funds Net movement in fund5 At 30.6.23 At 1.7.22 Unrestricted funds General fund 993 83,367 TOTAL FUNDS 82.374 993 83,367 Comparative net movement in fund5, included in the above are a5 follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 147.440 (146.447) 993 TOTAL FUNDS 147.440 (146,447) 993 Page 11 continued...
FRIENDS AND PLACES TOGETHER NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2024 MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined p051tion is as follows- Net movement in funds At 30.6.24 At 1.7.22 Unrestricted funds General fund 82.374 (9,985) 72,389 TOTAL FUNDS 82,374 (9,985) 72,389 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follow's.. Incoming resources Resources expended Movement in funds Unreslricted funds General fund 310,161 (320,146) (9,985) TOTAL FUNDS 310.161 (320.146) (9,985) 12. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 30 June 2024. Page 12
FRIENDS AND PLACES TOGETHER DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 2024 2023 ILNCOME AND ENDOWMEINTS Donations and legacies Donations 1,055 936 Other trading activities Fundraising evenis 1,327 1,922 Investment income Deposit account interest 476 203 Charitable activities Activity income Grants 139,678 20.185 126,129 18,250 159,863 144,J79 Total incoming resourees 162,721 147.440 EXPENDITURE Charitable activities Wages Social security Pensions Rent (net of subletting) Light and heat Activity costs Printing, postage and stationery Telephone Consultancy fee5 Subscriptions Staff training Repairs and renewals Insurance Advertising and promotion General expenses Travelling expenses Computer software Depreciation of tangible fixed assets 121,683 1,608 2.007 3,506 3,247 12,726 95,055 1,634 982 3,647 14,604 1,110 1,623 883 3,779 1,868 4,217 640 1,309 6,863 817 2,183 1.261 1,917 1,180 3,908 1,690 3,330 719 1,028 5,925 951 1,146 1,182 171,008 142,475 Support costs Finance Bank charges 91 138 Governance eosts Accountancy fees Carried fonvard 2.600 2,600 2,500 2,500 Thi5 page doe5 not form part of the statutory financial statements Page 13
FRIENDS AND PLACES TOGETHER DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 2024 2023 Governance eosts Brought forward Legal fees 2,600 2,500 1,334 2,600 3,834 Total resources expended 173,699 146,447 Net (expenditure)lineome (10.978) 993 Thi5 page doe5 not form part of the statutory financial statements Page 14