Company registration number: 8822560
Charity registration number.. 1160971
Leaps and Bounds Community Project
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 December 2024
Batchelor Coop Ltd
Chartered Accountants
The New Barn, Mlll Lane
Eastry, Sandwich
CT13 OJW

Leaps and Bounds Community Project
Contents
Reference and Administrative Details
Trustees, and Directors, Report
2to7
Independent Examinels Report
statement of Financial Activitles
Balance Sheet
10
Notes to the Financial Statements
11to20

Leaps and Bounds Community Project
Reference and Administrative Details
Tru8tees
J P Abbott, Chairman
L Mussett
C Matley
J P Abbott
Secretary
Senior Management I
Leadership Team
D Smith, Project Manager
Charity Registration Number
1160971
Company Registration Number 8822560
The charity is incorporated in England,
64-66 Southwall Road
Deal
Kent
CT14 9AQ
Mark Batchelor BSC FCA
Batchelor Coop Ltd
Chartered Accountants
The New Barn, Mill Lane
Eastry, Sandwich
CT13 OJW
Registered Office
Independent Examlner
Bankers
Nat West
High Street
Deal
CT14 6EW
Page 1

Leaps and Bounds Community Project
Trustees. and Directors, Report
The directors, who are all trustees of Leaps and Bounds Community Project I'the Charity.) for the
purposes of the Companies Act, submit their annual report and the financial statements of the Charity
for the year ended 31 December 2022. The directors confirm that the annual report and financial
statements of the Charity comply with current statutory requirements, the requirements of the charity's
goveming document and the provisions of the Statement of Recommended Practice. Accounting and
Reporting by Charities" IFRS 102).
Structure, governance and management
Nature of governing document
The organisation is a Charitable Company limited by guarantee, incorporated on 20 December 2013
and registered as a charity on 18 March 2015. The company was established under a Memorandum
of Association which established the objects and powers of the charitable company and is governed
under its Articles of Association. In the event of the company being wound up members are required
to contribute an amount not exceeding £10.
Recrultment and appointment of trustees
The directors of the company are also charity trustees for the purposes of charity law and under the
Company's Articles are known as members of the Management Committee. All members of the
Management Committee give their time voluntarily and receive no benefits from the charity. There is a
spread of experience of business and those with an interest and specialist training with the learning
disabled and includes a trustee who son attends the project. We are seeking a further trusteels to
enhance the experience and contributions to the charity.
The charity has policies and procedures in place for the recruiting, induction and training of new
trustees.
Organisational Structure
The Project is run by a salaried Project Manager with part-time support staff who are employed by the
charity together with volunteers. The need to take each client's individual disability into account
means that a high ratio of staff to clients is desirable, particularly if clients are prone to suffer from
epilepsy, require monitoring for diabetes during the course of the day or have seizures. We have a
small group of very loyal volunteers who work under the direction of the qualified staff. From time to
time the charity is asked to assist with work experience placements and as a consequence has
developed induction training for those who spend a short time with the project.
Leaps and 8ounds seeks to be a great employer and the trustees made a decision in 2022 to pay at
least the National Living Wage going foward, provided finances allowed. At the end of 2024 it was
agreed to once again increase pay in line with inflation and the new Labour government's stated aim
for the living wage to rise to £12.21 per hour. As a result, staff will be paid £12.50 per hour from
January 2025. As well as demonstrating our thanks and support for our dedicated team, this rate of
pay means that when we recruit, we have a very competitive rate compared to other potential
employers.
All staff and volunteers are trained to the required level in various core competencies and further
training is provided in addition, where client's needs mean that specialist support is needed. Individual
training plans are agreed and monitored during 1-1 meetings and the bi-annual staff reviews with the
Project Manager and Chairman.
Page 2

Leaps and Bounds Community Project
Trustees, and Directors, Report
Objectives and activities
Objects and aims
In reviewing our aims and activities we believe that the focus of our work in the last 12 months has
retained its emphasis on our key objectives and benefits.
Our charity's purposes, as set out in the objects contained in the company's Memorandum of
Association, are,.
To relieve the needs of adults with learning and or physical disabilities in particular by providing
training, skills and support that will enable them to develop their life, social and educational skills and
promote their greater independence.
Objectlves, strategies and actlvlties
Leaps and Bounds Community Project is an activity hub aiming to encourage healthier living and
greater independence to our client base. The project offers a range of craft-based and other activities
within a fully supported setting a5 well as an opportunity for clients to become involved in community
craft fairs held locally. This variety of provision Is unique to this area of South East Kent and is
supported by Social Services.
The Project enjoyed an increasing client base durlng the reporting year. Some clients attend for as
little as one half day week, others as much as four days. With the reduction of other local services we
have seen an increase in the number of 1-1 clients we serve within the project. These clients, together
with the general increase in service users, means that we have recruited several more staff and
volunteers during the year. The age range of the clients is from age 21-60.
Around a third of our clients have been with the project for more than 10 years so they have become
firmly established and enjoyed continuity and community during that time. New clients are quickly
accepted and welcomed by the others.
Page 3

Leaps and Bounds Community Project
Trustees, and Directors, Report
Achievements and performance
The provision of actual activities is as follows..
When specialist education provision comes to an end, the risk to vulnerable adults who have been
used to socialising within a school environment, is that they can become withdrawn and socially
isolated. Leaps and Bounds provides a safe, friendly and inspiring space for clients to socialise and
develop strong friendships. The project is totally committed to the social welfare and integration of its
service users and a warm atmosphere with much laughter and fun is generally the order of the day.
The charity recognises the importance of creating a supportive community within the project, so client
birthdays and other special events are celebrated and shared as special days.
For their parents or carers, some precious time to spend as they wish, once the client's formal
education has finished, benefits their own well-being, as well as promoting the continuing
independence and development of the clients.
There will be some clients who get to a point where they can move into supported living
accommodation once they have the requisite life skills to do so. Continuing to attend some day care
sessions is very helpful to their well-being in making this transition. Alongside the day services, Leaps
and Bounds are progressing plans to offer a supported living and respite resource for clients and their
carers in the years ahead.
The variety of craft activities which are available to clients inclLsdes, ceramic painting, cross stitch
and latch rug making, crochet, card making, work with drift wood, simple sewing, beadwork. macramé
and many more. The art therapies are helpful in aiding concentration, promoting mental well-being
and a sense of achievement. Originally a craft-based initiative selling craft from a shop, the Project
outgrew its original location and has been settled in its present location for the last 9 years. The
clients now sell craft items through local Artisan Fairs, Facebook and through a local shop when
possible. The level of ceramic work carried out within the centre has increased in recent years and
continues to be a great source inspiration and involvement for the clients.
The clients help with the planning. preparation and sharing of a healthy lunch happens on a daily
basis. The focus is on teaching how to make a well-balanced meal at a low cost. The safe preparation
of food is also taught with some clients able to take a Food Hygiene Course; a key life skill and one
promoting increased independence.
The charity benefits from fresh produce, particularly fruit and vegetables donated to the project
under a partnership with the nearest local supermarkets, who would othe￿iSe have to pay for it to go
in to landfill once the sell by date has been reached. The clients are taught to prep all kinds of fresh
vegetables and homemade soups, curries and casseroles are often served for lunch.
Craft fairs at St Georges Hall in the town centre have continued to provide a further outlet and
engagement opportunity for clients. It is unclear whether this venue will be available in 2025, so
consideration is being given to the running of craft fairs next year.
We have continued to take on new clients and the necessary volunteers and staff to run the project.
This has meant that the financial position of the has been further strengthened during 2024. Not only
do we now have reserves which would allow us to cover 3-6 months of operating costs, we have also
been able to put money
away towards the fit out costs of the proposed new building we hope to occupy alongside our sister
charity Community Church Deal. Full planning permission is expected to be achieved in 2025.
The Ford Tourneo vehicle purchased in 2023 has continued to provide additional opportunities for
clients to engage with the community and was a great investment in hindsight.
Page 4

Leaps and Bounds Community Project
Trustees, and Directors. Report
Financial review
We ended the year with income exceeding expendittjire creating a surplus of £15,667, Our reserves
brought forward from 2023 amounted to £112,910 giving a cumulative resetves at 31 December 2024
of £128,577.
We ended the year with £13,310 in the Current Account and £101,497 in the Reserve Account
£14,000 of this is a restricted fund for the delivery of the supported living unit.
Policy on reserves
The Board's aim to have reserve funds in place to meet unexpected expenditure or downturn in client
attendance. Our aim is to have 3-6 months of operational costs covered at any given time. Income
projections suggests that this can now be malntained long term.
Prlncipal funding sources
The income for the ongolng work of the project comes largely from the County Council through Social
Services funding, Sessions are approved by Care Managers Care allowances or, in some cases, the
clients are free to buy in day care attendance through their Personal Independence Payment. Session
costs are fixed by Social Services and have only seen a very small increase since the Project's
formation. The current KKC financial position means we do not expect any increases to be introduced
in 2025.
Despite this, the increased client base and hard work of our employees and volunteers has meant
Leaps and Bounds is in a very secure position financially.
Investmont pollcy and objectives
The Board is committed to transferring any surplu5 capital whenever possible into our Reserve
Account in order to provide future security for the project and to allow purchases of equipment and
resources as and when required. In addition, this reserve funds will help to provide the capllal
required to supply additional benefit to our service users in the proposed new building and supported
living unit.
Fundralslng disclosures
Profits from the Fundrasing Social generated funds of £nil (2023 £860).
Public benefit
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act
2011 to have due regard to the public benefit guidance published by the Charity Commission for
England and Wales.
Page 5

Leaps and Bounds Community Project
Trustees. and Directors, Report
Plans for future periods
Aims and key objectives for future periods
The redevelopment of the current site by Community Church, Deal, will likely lead to much improved
facilities as part of a new community hub and church facilities. Current estimates would suggest that
work may commence in 2025, but maybe more realistically in 2026.
Originally, we planned to build a supported living unit, that could provide respite care and long term
supported living for clients, as some are now approaching the age where parents and carers need to
think about future plans. Towards the end of 2024, the house next door to the project became
available for sale and one of the Trustees of Leaps and Bounds is now in the process of seeking to
acquire that house, with the view to Leaps and Bounds then operating it as a supported living unit,
subject to planning and building work being carried out. We already have three potential client for the
supported living unit.
Small company provisions
This report has been in accordance with the small companies, regime under the Companies Act 2006.
Reappointment of independent examiner
Batchelor Coop were appointed as the charitable company's independent examiners during the year
and they have expressed their willingness to continue in that capacity.
Page 6

Leaps and Bounds Community Project
Trustees. and Directors, Report
Statèment of Responsibilltles
Statement of Trustee's Responsibilities
The trustees (who are also the directors of Leaps and 8ounds Community Project for the purposes of
company lawl are responsible for preparing the trustees, report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice), including FRS 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland"
Company law requires the trustees to prepare financial statements for each financial year. Under
company law the trustees must not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources, including its income and expenditure, of the charitable
company for that period. In preparlng these financicil statements, the trustees are required to..
select suitable accounting policies and apply them consistently.,
observe the methods and principles in the Charities SORP-
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards, comprising FRS 102 have been followed, subject
to any material departures disclosed and explairied in the financial statements., and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that
the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable Steps for the
prevention and detectlon of fraud and Other Irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial
information included on the charitable company's website. Legislation governing the preparation and
dissemination of financial statements may differ from legislation in other jurisdictions.
The annual report was approved by the trustees of the charity on 1 April 2025 and signed on its behalf
by
JPAbbo
Company Secretary and Trustee
L Mussett
Trustee
Page 7

Leaps and Bounds Community Project
Independent Examiner's Report to the trustees of Leaps and Bounds
Community Project ('the Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 December 2024.
Responsibilities and basls 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
Companies Act 20061'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 examination
of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,).
In carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(5llbl of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe..
{1) accounting records were not kept in respect of the company as required by section 386 of the
2016 Act- or
12) the accounts do not accord wilh those accounting records., or
(31 the accounts do not comply with the accounting requirements of section 396 of the 2016 Act other
than any requirement that the accounts give a 'true and fair, view which is not a matter considered as
part of an independent examination., or
(4) the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended practice for acwunting and reporting by charities lapplicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of I reland {FRS1021]
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,
This report is made soley to the Charity's Trustees, as a body, in accordance with Part 4 of the
Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might
state to the Charity's Trustees those matters l am required to state to them in an Independent
Examinerfs Report and for no other purpose. To the fullest extent permissible by law, I do not ac￿Pt
or assume any responsibility to anyone other than the Chaiity and The Charity'5 Trustees as a body,
for
wor
or for
Is report,
Mark Batcheior BSC FCA
Independent Examiner
Chartered Accountant
Batchelor Coop Ltd
Chartered Accountants
The New Barn, Mill Lane
Eastry, Sandwich
CT13 OJW
14 April 2025
Page 8

Leaps and Bounds Community Project
Statement of Financial Activities for the Year Ended 31 December 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Total
Unrestrlcted
2023
Total
2024
Unrestricted
Restricted
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
3.830
189,747
3,830
189,747
28,982
156,529
860
740
1,233
1,233
Totsl Income
194,810
194,810
187,111
Expenditure on:
Charitable activities
Management and
administration
Governance costs
1162,385)
16,000)
1188,385)
(136,322)
16,1971
(4,561
16,197)
4,561
{9,020)
4,254
Total Expenditure
Net incomel{expenditurel
Net movement in funds
1173,143)
16,000)
(179,143)
149,5961
21,667
6,0001
15,667
37,515
21,667
(6,0001
15,667
37,515
Reconciliatlon of funds
Total funds brought forward
Total funds carried forward
92,910
20,000
14,000
112,910
128,577
75,395
20
114,577
112,910
All of the charity's activities derive from continuing operations dLtring the above periods.
The funds breakdown for 2024 is shown in note 20.
The notes on pages 11 to 20 form an integral part of these financial statements.
Page 9

Leaps and Bounds Community Project
(Registration number: 8822560)
Balance Sheet as at 31 December 2024
2024
2023
Note
Fixed assets
Tangible assets
14
15,753
18,811
Current assets
Debtors
Cash at bank and in hand
15
16
5,615
115,348
120,963
11,676
86,494
98,170
Creditors: Amounts falling due within one year
17
(8,139}
{4,0711
Net current assets
112,824
94,099
112,910
Net assets
128,577
Funds of the charity:
Restricted income funds
Restricted funds
20
14,000
20,000
Unrestrlcted income funds
Unrestricted funds
114,577
92,910
Total funds
20
128,577
112.910
For the financial year ending 31 December 2024 the charity was entitled to exemption from audit
under section 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the charity to obtain an audit of its accounts for the year in
question in accordance with section 476., and
The directors acknowledge their responsibilities for complying with the requirements of the Act with
respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to
companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The financial statements on pages 9 to 20 were approved by the trustees, and authorised for issue on
1 April 2025 and signed on their behalf by..
J P Abbott
Company Secretary and Trustee
C Matley
Trustee
The notes on pages 11 to 20 form an inlegral part of these financial statements.
Page 10

Leaps and Bounds Community Project
Notes to tha Financial Statements for the Year Ended 31 Decamber 2024
1 Charity status
The charity is limited by guarantee, incorporated in England, and consequently does not have share
capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of
the charity in the event of liquidation.
The address of its registered office is-
64-66 Southwall Road
Deal
Kent
CT14 9AQ
2 Accountlng policles
Summary of signlflcant accounting policies and key accounting estlrnates
The principal accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all the years presented, unless otherwise
stated.
Statement of compliance
The financial statements have been prepared In accordance with Accounting and Reporting by
Charities.. Statement of Recommended Practice {applScable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102)) (issued in October 2019) - (Charities SORP IFRS 102)), the Flnancial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006,
Basis of preparation
The financial statements have been prepared under the historical cost conventlon in accordance wlth
appllcable United Kingdom Accounting Standards, the Charity Commisslon 'Statement of
Recommended Practice.. Accountlng and Reporting by Charities, ISORPI, the Financial Reporting
Standard 102, and the Companies Act 2006. A summary of the principal accounting policSes, which
have been applied consistently, except where noted, is set out below.
Golng concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as
a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by
the charity.
Income and endowments
Revenue is recognised where there is entitlement, certainty of receipt and the amount can be
measured with sufficient reliability.
Page11

Leaps and Bounds Community Project
Notes to the Financial Statements for the Year Ended 31 December 2024
Donatlons and legacies
Donations are recognised when the charity has been notified in writing of both the amount and
settlement date. In the event that a donation is subject to conditions that require a level of
performance by the charity before the charity is entitled to the funds, the income is deferred and not
recognised until either those conditions are fully met. or the fulfilment of those conditions is wholly
within the control of the charity and it is probable that these conditions will be fulfilled in the reporting
period.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to
the grants have been met. Where performance conditions are attached to the grant and are yet to be
met, the income is recognised as a liability and included on the balance sheet as deferred income to
be released.
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of
the asset received or receivable. Grants are classified as relating either to revenue or to assets.
Grants relating to revenije are recognised in income over the period in which the related costs are
recognised. Grants relating to assets are deducted from the asset's carrying amount.
Expenditure
Liabilities are recognised as soon as there is a le9al or constructive obligation committing the charity
to the expenditure. All expenditure is accounted for on an accruals basis and has been classified
under headings that aggregate all costs related to the category.
Charltable activitles
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and services for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the Charity's compliance with constitutional and statutory
requirements, including the cost and examination of the accounts, strategic management and
Trustee's meetings and reimbursed expenses.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance AGt 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
Page 12

Leaps and Bounds Community Project
Notes to the Financial Statements for the Year Ended 31 December 2024
Tangible fixed assets
Individual fixed assets costing £100 or more are initially recorded at cost.
Depreciation and amortlsation
Deprecialion is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated residual value, over their expected Ljseful economic life as follows..
Asset class
Furniture and equipment
Depreclation method and rate
15 % reducing balance basis
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in
furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the
use of which is restricted lo that area or purpose.
Pensions and other post retirement obligations
The charily operates a defined contribution pension scheme which is a pension plan under which
fixed contributions are paid into a pension fund anil the charity has no legal or constructive obligation
to pay further contributions even if the fund does not hold sufficient assets to pay all employees the
benefits relating to employee service in the current and prior periods.
Contributions to defined contributlon plans are recognised in the Statement of Financial Activities
when they are due. If contribution payments exceed the contribution due for service, the excess is
recognised as a prepayment.
Debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the
ordinary course of business.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly
liquld investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Creditors
Creditors are obligations to pay for goods or services that have been acquired in the ordinary course
of business from suppliers. Accounts payable are classified as current liabilities if the company does
not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor
for at least t￿e1ve months after the reporting date. If there is an unconditional right to defer settlement
for at least ￿e1ve months after the reporting date, they are presented as non-current liabilities.
Page 13

Leaps and Bounds Community Project
Notes to the Financial Statements for the Year Ended 31 December 2024
3 Income from donations and legacies
Unrestricted
funds
General
Total
2024
Total
2023
Donations and legacies-,
Donations from individuals
Gift aid reclaimed
Grants, including capital grants.,
Donations from community groups
3,577
253
3,577
253
22,201
5,455
1,326
3,830
3,830
28.982
4 Income from charitable activities
Unrestricted
funds
General
Total
2024
Total
2023
Sales of goods
Clients fees
Clients sessions
5,693
180,065
3,989
189,747
5,693
180,065
3,989
189,747
4,472
147,855
4,202
156,529
5 Income from other trading activities
Total
funds
Total
2023
Fundraising
860
860
6 Investment income
Unrestricted
funds
General
Total
2024
Total
2023
Interest receivable and similar income.,
Interest receivable on bank deposits
1,233
1,233
740
Page 14

Leaps and Bounds Community Project
Notes to the Financial Statements for the Year Ended 31 December 2024
7 Expenditure on charitable activities
Unrestrl¢ted
funds
General
Total
2024
Total
2023
Restricted
Purchases
Clients outings
Catering
Wages and salaries
Support workers
Stall hire
Bad debts written off
Pension costs
Legal and professional fees
Rent
Motor expenses
Depreciation of fixtures and
fittings
Depreciation of motor vehicles
(Profit)Iloss on sale of tsngible
fixed assets held for charity's
own use
2,689
344
2.187
26,564
94,707
500
4.238
1,044
2,689
344
2,187
26.564
94,707
500
4,238
1,044
6,000
22,200
3,289
3,896
1,719
24,753
73,400
440
3,583
609
6,000
22,200
3,289
21,800
650
1,394
3,094
1,394
3,094
1,347
4,125
135
135
162,385
6,000
168,385
136,322
Page 15

Leaps and Bounds Community Project
Notes to the Financial Statements for the Year Ended 31 December 2024
8 Management and administratlon
Unrestricted
funds
Total
2024
Total
2023
General
Marketing and publicity
Repairs and maintenance
Entertaining
Staff training
Insurance
Telephone and fax
Printing, postage and stationery
Sundry expenses
Cleaning
Travel and subsistence
Bank charges
486
1.065
606
102
905
435
464
181
1,440
231
282
486
1,065
606
102
905
435
464
181
1,440
231
282
4,425
715
284
861
277
187
293
1,474
408
96
6,197
6,197
9,020
9 Analysis of governance and support costs
Governance costs
Unrestricted
funds
Total
2024
Total
2023
General
Accountancy and examination fees
Bookkeeper
3,128
1,433
4,561
3,128
1,433
3,126
1,128
4,254
4,561
10 Trustees remuneration and expenses
No trustees, nor any persons connected with them. have received any remuneration from the charity
during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the
year.
Page 16

Leaps and Bounds Community Project
Notes to the Financial Statements for the Year Ended 31 December 2024
11 Staff costs
The aggregate payroll costs were as follows:
2024
2023
Staff costs durlng the year were:
Wages and salaries
Pension costs
121,271
1,044
122,315
98,153
609
98,762
The monthly average number of persons {including senior management I leadership team) employed
by the charity during the year expressed as full time equivalents was as follows..
2024
No
2023
No
Support workers
Administration
12
12
13
13
412023 - 4) of the above employees participated in the Defined Contribution Pension Schemes.
No employee received emoluments of more than £60,000 during the year.
12 Independent examiner's remuneration
2024
2023
Other fees to examiners
Examination-related assurance services
All other services
1,656
1,472
3,128
1,674
1,452
3,126
13 Taxation
No provision for taxation is included in the financial statements as the company is a charity entitled to
the exemption from tax afforded by Section 505, ICTA 1988.
Page 17

Leaps and Bounds Community Project
Notes to the Financial Statements for the Year Ended 31 December 2024
14 Tangible fixed assets
Furnlture and
equipment
Motor
vehicles
Total
Cost
At 1 January 2024
Additions
Disposals
11,680
1,565
(1871
16,500
28,180
1,565
(1871
At 31 December 2024
13.058
16,500
29,558
Depreciation
At 1 January 2024
Charge for the year
Eliminated on disposals
5,244
1,394
(52)
4,125
3,094
9,369
4,488
(52)
At 31 December 2024
6,586
7,219
13,805
Net book value
At 31 December 2024
6,472
9,281
15,753
At 31 December 2023
6.436
12,375
18,811
15 Debtors
2024
2023
Trade debtors
Prepayments
Other debtors
3,994
1,353
268
4,819
1,033
5,824
5.615
11,676
16 Cash and cash equivalents
2024
2023
Cash on hand
Cash at bank
542
114,806
115,348
89
86.405
86,494
Page 18

Leaps and Bounds Community Project
Notes to the Financial Statements for the Year Ended 31 December 2024
17 Creditors: amounts falllng due within one year
2024
2023
Other taxation and social security
Other creditors
Accruals
641
5,206
2,292
8,139
380
1,710
1,981
4,071
18 Obligations under leases and hlre purchase contracts
Operatlng lease commltments
Total future minimum lease payments under non-cancellable operating leases are as follows..
2024
2023
Land and bulldings
Within one year
22,200
19 Penslon and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year
represents contributions payable by the charity to the scheme and amounted to £1,044 {2023 £609).
20 Funds
Balance at 31
December
2024
Balance at 1
January 2024
Incoming
resources
Resources
expended
Unrestricted funds
General
General
92,910
194,810
(173,143)
114,577
Restricted funds
Assisted living home fund
20,000
(6,000)
14,000
Total funds
112,910
194,810
(179,1431
128,577
Page 19

Leaps and Bounds Community Project
Notes to the Financial Statements for the Year Ended 31 December 2024
Balance at 31
December
2023
Balance at 1
January 2023
Incoming
resources
Resources
expended
Unrestricted funds
General
General
75,395
167,111
{149,596)
92,910
Restricted
Assisted living home fund
20,000
20,000
Total funds
75,395
187,111
(149,596)
112,910
21 Analysis of net assets between funds
Total funds
at31
December
2024
Unrestricted
funds
General
Restricted
funds
Tangible fixed assets
Current assets
Current liabilities
15,753
105,639
15,753
120,963
15,324
1,324
14,000
Total net assets
114,577
128,577
Total funds
at31
December
2023
Unrestricted
funds
General
Restricted
funds
Tangible fixed assets
Current assets
Current liabilities
18,811
76,846
18,811
98,170
14,071)
21,324
{1,324)
20.000
Total net assets
92,910
112.910
22 Related party transactions
There were no related party transactions in the year.
The charity is controlled by the trustees who are all directors of the company.
Page 20