## **Trustees’ Annual Report for the period**
**From 1[st] February 2020 Period start date To January 2021 Period end date**
**31[st]**
**Charity name: The Foundation for Ribble Valley Families Charity registration number:1161015**
## **Objectives and Activities**
**----- Start of picture text -----**
SORP reference
Summary of the Para 1.17 To promote social inclusion for the
purposes of the charity public benefit of the people of
as set out in its Lancashire and North Yorkshire with a
governing document focus on Ribble Valley families by
preventing people from becoming
socially excluded, relieving the needs
of those people who are socially
excluded and assisting them to
integrate into society.
Summary of the main Para 1.17 and The overriding factor that has
1.19
activities in relation to affected the main activities of the
those purposes for the charity for the period 1 February 2020
public benefit, in to 31 January 2021 was the impact of
particular, the activities, the Covid-19 pandemic.
projects or services
identified in the The Foundation for Ribble Valley
accounts. Families (FRVF) has continued to
provide therapeutic coaching sessions
using the Fusion Model at the core of
its activities, to the benefit of
individuals and families across the
community, through self-referral and
directly from professional groups such
as GPs. However, these activities
were carried out remotely with clients
rather than face-to-face. FRVF was
also able to provide a number of
Mindfulness courses for clients
remotely. Baby Massage and Messy
Play sessions unfortunately had to be
postponed throughout the period due
to the restrictions of “lockdown” and
social distancing during the
pandemic.
FRVF also maintained an online
presence and retained a high profile
in the community through social
media, offering support and guidance
**----- End of picture text -----**
for people who may be finding social isolation difficult, with many people being furloughed or losing their jobs, and children being at home due to school closures. Statement confirming Para 1.18 The trustees can confirm that they whether the trustees are aware of the guidance on public have had regard to the benefit and have taken this into guidance issued by the account when planning the activities Charity Commission on of the charity, ensuring that public benefit everything we do is wholly of benefit to members of the local community. This includes the fact that the purposes of the charity are wholly charitable.
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social
investment including
program related
investment
Para 1.38
Contribution made by
volunteers
Other
**----- End of picture text -----**
## **Achievements and Performance**
SORP reference
||Summary of the main
achievements of the
charity, identifying the
diference the charity’s
work has made to the
circumstances of its
benefciaries and any
wider benefts to society
as a whole.|Para 1.20|FRVF had planned to extend its work
in 20/21, however, objectives had to
be re-set with the onset of the
pandemic. The charity was able to
continue to function in a limited
capacity throughout the period,
retaining some capacity to accept
referrals from new clients by ofering
remote coaching sessions, as well as
running a number of Mindfulness
courses for existing clients. We were
unable to ofer group activities from
The Family Thrive Centre including
Baby Massage and Messy Play.
FRVF did, however, make productive
use of the period, especially in the
areas of business planning, and the
development of a pilot programme in
a local primary school to support
teachers and parents.
We were also able to apply for grants
during the period, especially to
support our work during the
pandemic, mainly from the local
authorities both at county and
borough council levels. No fundraising
activities took place during the period
due to the restrictions of the
pandemic.
It is perhaps ironic that the charity
was able to stabilise and indeed
improve its fnancial position during
the year due to the provision of local
authority grants and reduced
overhead and administrative
expenses.||
|---|---|---|---|---|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
Achievements against Para 1.41
objectives set
The charity was unable to undertake
any fundraising activities throughout
Performance of the period.
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
**----- End of picture text -----**
agai nst objectives
other
## **Financial Review**
**----- Start of picture text -----**
Review of the charity’s Para 1.21 At the end of the financial period (31
financial position at the January 2021) the charity was able to
end of the period report an operating surplus of
£18,316, an increase from the
previous year’s surplus of £5,442.
This included a 36% decrease in gross
profit but balanced against a 30%
decrease in overhead and
administrative costs. This does not
take account of a Coronavirus Small
Business Grant of £20,000. The
reduction in overhead and
administrative costs is largely as a
result of lower centre costs (as the
building was closed) and reduced
provision of therapeutic coaching.
Statement explaining Para 1.22 The charity has not felt the need, up
the policy for holding to the end of this reporting period, to
reserves stating why hold formal reserves, as it has very
they are held limited fixed costs or financial
commitments. However, the board
decided to retain a minimum of
£10,000 during the period as a safety-
net.
Amount of reserves held Para 1.22 The amount of cash in hand at the
end of the period was £20,120 (£7650
in the previous period). This is a more
positive position than at the end of
the previous period.
Reasons for holding zero Para 1.22 The charity has not felt the need, up
reserves to the end of this reporting period, to
hold reserves, as it has very limited
fixed costs or financial commitments.
The charity does not employ any staff
and recovers most of its other costs in
the form of grants (e.g. premises).
The charity could be wound up quite
simply without the need to pay out
creditors. This policy is to be reviewed
for the new financial year as we
increase our activity levels and
expand our work in the community as
we come out of the restrictions of the
pandemic.
Details of fund materially Para 1.24 The fund is not in deficit, with creditor
in deficit payments being made within agreed
arrangements.
Explanation of any Para 1.23 There are no immediate concerns in
uncertainties about the this regard, especially as the charity
charity continuing as a continues to be successful in applying
going concern for and receiving grants and
donations, and with continuing
**----- End of picture text -----**
support from the local authority, local healthcare professionals and the wider community.
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
The charity’s principal
sources of funds Para 1.47
For the
(including any
period in
fundraising)
question,
the
principal
sources of
funds
included:
local
authority
grants to
keep some
of the core
mental
health
activities
going
during the
pandemic,
and other
grants from
both
national
and local
organisatio
ns.
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
At the start of the period in question
we were unaware of the impact of the
A description of the Para 1.46 COVID-19 Pandemic, including how
principal risks facing the long restrictions would last, but also
charity importantly, the impact upon local
people and communities in terms of
their mental health and resilience.
Apart from the impact of the
pandemic, the major risk facing the
charity is sustainability, and our
ability to achieve financial security
going forward. Our plans pre-
pandemic were very much reliant
upon our ability to attract sustainable
**----- End of picture text -----**
funding, and through forging links with local business partners, as well as applying for local and national grants. We also hoped to expand our fundraising. As pandemic restrictions ease in 2021/22 our plans will include: plans to secure long-term funding from the NHS and other local authority providers for mental health service provision, long-term grant applications and public donation, and plans to promote our services directly to local schools, businesses and the wider community throughout the locality. Other
## **Structure, Governance and Management**
**----- Start of picture text -----**
Description of charity’s
trusts:
Type of governing Para 1.25 Articles of Association
document
(trust deed, royal
charter)
How is the charity Para 1.25 Company Limited by Guarantee
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Appointed by the Trustee Board.
methods including
details of any
constitutional provisions
e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
**----- End of picture text -----**
## **Reference and Administrative details**
**----- Start of picture text -----**
Charity name The Foundation for Ribble Valley Families
Other name the charity
uses
Registered charity 1161015
number
**----- End of picture text -----**
**----- Start of picture text -----**
Charity’s principal The Family Thrive Centre
address The Old Physiotherapy Centre
New Market Street
Clitheroe
BB7 2JW
**----- End of picture text -----**
## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Philip Kevin Chair
1
Mileham
2 Gillian Harding
Helen Mary
3
Evans
Susannah
4 Elizabeth
Owen
Owen Michael
5
Gilbert Phillips
6 Dorothy Shears 11.12.20 – 31.01.21 Trustee Board
7
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
Corporate trustees – names of the directors at the date the report was approved **Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
**Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser Accoun** Gary Farnsworth Ridehalgh, Guardian House, 42 Preston New Road, **tant** Blackburn, BB2 6AH
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s)** P K Mileham **Full name(s)** Philip Kevin Mileham
**Position (eg** Chair **Secretary, Chair, etc)**
**Date** 23[rd] November 2021
**COMPANY REGISTRATION NUMBER: 09382059**
## **THE FOUNDATION FOR RIBBLE VALLEY FAMILIES Company Limited by Guarantee UNAUDITED FINANCIAL STATEMENTS 31 JANUARY 2021**
## **RIDEHALGH LIMITED**
Chartered Accountants Guardian House 42 Preston New Road Blackburn BB2 6AH
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **FINANCIAL STATEMENTS**
## **YEAR ENDED 31 JANUARY 2021**
|**CONTENTS**|**PAGES**|
|---|---|
|Directors' report|**1**|
|Statement of income and retained earnings|**2**|
|Statement of financial position|**3**|
|Notes to the financial statements|**4 to 5**|
|**The following pages do not form part of the financial statements**||
|Chartered accountants report to the board of directors on the||
|preparation of the unaudited statutory financial statements|**7**|
|Detailed income statement|**8**|
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **DIRECTORS' REPORT**
## **YEAR ENDED 31 JANUARY 2021**
The directors present their report and the unaudited financial statements of the company for the year ended 31 January 2021.
## **PRINCIPAL ACTIVITIES**
The company is a registered charity (charity number 1161015) and was established to fulfil the following obligation:- To promote social inclusion for the public benefit of the people of Lancashire and North Yorkshire.
## **DIRECTORS**
The directors who served the company during the year were as follows:
S.E. Owen H.M. Evans G. Harding P.K. Mileham O.M. Phillips D. Shears (Appointed 11 December 2020)
## **SMALL COMPANY PROVISIONS**
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 22 September 2021 and signed on behalf of the board by:
P.K. Mileham Director
Registered office: The Family Thrive Centre The Old Physiotherapy Centre New Market Street Clitheroe Lancashire BB7 2JW
**- 1 -**
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **STATEMENT OF INCOME AND RETAINED EARNINGS**
## **YEAR ENDED 31 JANUARY 2021**
||**2021**|2020|
|---|---|---|
|**Note**|**£**|£|
|**TURNOVER**|48,699|76,941|
|Cost of sales|–|118|
||----------------------------|----------------------------|
|**GROSS PROFIT**|48,699|76,823|
|Administrative expenses|50,383|71,381|
|Other operating income|20,000|–|
||----------------------------|----------------------------|
|**OPERATING PROFIT**|18,316|5,442|
||----------------------------|----------------------------|
|**PROFIT BEFORE TAXATION**|18,316|5,442|
|Tax on profit|–|–|
||----------------------------|-----------------------|
|**PROFIT FOR THE FINANCIAL YEAR AND TOTAL COMPREHENSIVE**|||
|**INCOME**|18,316|5,442|
||============================|=======================|
|**RETAINED EARNINGS/(LOSSES) AT THE START OF THE YEAR**|1,804|(3,638)|
||----------------------------|-----------------------|
|**RETAINED EARNINGS AT THE END OF THE YEAR**|20,120|1,804|
||============================|=======================|
All the activities of the company are from continuing operations.
**The notes on pages 4 to 5 form part of these financial statements.**
**- 2 -**
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **STATEMENT OF FINANCIAL POSITION**
## **31 JANUARY 2021**
|||**2021**||2020||
|---|---|---|---|---|---|
||**Note**|**£**|**£**|£|£|
|**CURRENT ASSETS**||||||
|Cash at bank and in hand||20,120||7,650||
|**CREDITORS: amounts falling due**||||||
|**within one year**|**5**|–||5,846||
|||----------------------------||-----------------------||
|**NET CURRENT ASSETS**|||20,120||1,804|
||||----------------------------||-----------------------|
|**TOTAL ASSETS LESS CURRENT**||||||
|**LIABILITIES**|||20,120||1,804|
||||============================||=======================|
|**CAPITAL AND RESERVES**||||||
|Profit and loss account|||20,120||1,804|
||||----------------------------||-----------------------|
|**MEMBERS FUNDS**|||20,120||1,804|
||||============================||=======================|
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 31 January 2021 the company 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 company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of directors and authorised for issue on 22 September 2021, and are signed on behalf of the board by:
P.K. Mileham Director
Company registration number: 09382059
**The notes on pages 4 to 5 form part of these financial statements.**
**- 3 -**
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 JANUARY 2021**
## **1. GENERAL INFORMATION**
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is The Family Thrive Centre, The Old Physiotherapy Centre, New Market Street, Clitheroe, Lancashire, BB7 2JW.
## **2. STATEMENT OF COMPLIANCE**
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
## **3. ACCOUNTING POLICIES**
## **(a) Basis of preparation**
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **(b) Government grants**
Government grants or assistance of a revenue nature are recognised in the same period as the related expenditure. Where the grant is for the purpose of giving immediate financial support with no future related costs the income is recognised in the period in which it becomes receivable.
## **(c) Revenue recognition**
Turnover shown in the income and expenditure account represents amounts received during the year.
## **4. COMPANY LIMITED BY GUARANTEE**
The company is limited by guarantee. In the event of the company requiring funds in order to continue as a going concern the directors have undertaken to contribute the necessary capital. It is unlikely these circumstances will arise in the foreseeable future.
## **5. CREDITORS: amounts falling due within one year**
||**2021**|2020|
|---|---|---|
||**£**|£|
|Trade creditors|–|846|
|Other creditors|–|5,000|
||--------------|-----------------------|
||–|5,846|
||==============|=======================|
## **6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES**
There are no transactions with directors that require disclosure under FRS 102 Section 1A.
**- 4 -**
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_
## **YEAR ENDED 31 JANUARY 2021**
## **7. RELATED PARTY TRANSACTIONS**
The company was under the control of the directors throughout the year.
No transactions with related parties were undertaken such as are required to be disclosed under the provisions of FRS 102 Section 1A.
**- 5 -**
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **MANAGEMENT INFORMATION**
## **YEAR ENDED 31 JANUARY 2021**
**The following pages do not form part of the financial statements.**
**- 6 -**
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **YEAR ENDED 31 JANUARY 2021**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Foundation for Ribble Valley Families for the year ended 31 January 2021, which comprise the statement of income and retained earnings, statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of The Foundation for Ribble Valley Families, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of The Foundation for Ribble Valley Families and state those matters that we have agreed to state you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Foundation for Ribble Valley Families and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that The Foundation for Ribble Valley Families has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Foundation for Ribble Valley Families. You consider that The Foundation for Ribble Valley Families is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of The Foundation for Ribble Valley Families. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
RIDEHALGH LIMITED Chartered Accountants
Guardian House 42 Preston New Road Blackburn BB2 6AH
22 September 2021
**- 7 -**
## **THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **DETAILED INCOME STATEMENT**
## **YEAR ENDED 31 JANUARY 2021**
||**2021**|2020|
|---|---|---|
||**£**|£|
|**TURNOVER**|||
|Baby massage|2,135|2,178|
|Donations|13,106|60,513|
|Therapeutic life coaching & training|–|1,430|
|Room hire|3,468|–|
|Grants|29,990|9,750|
|Events|–|3,070|
||----------------------------|----------------------------|
||48,699|76,941|
|**COST OF SALES**|||
|Purchases|–|118|
||----------------------------|----------------------------|
|**GROSS PROFIT**|48,699|76,823|
|**OVERHEADS**|||
|**ADMINISTRATIVE EXPENSES**|||
|Room hire|–|770|
|Rent rates and water|2,003|2,241|
|Light and heat|1,762|4,717|
|Insurance|286|286|
|Repairs and maintenance|748|617|
|Telephone|455|307|
|Printing, postage and stationery|228|239|
|Sundry expenses|–|37|
|Advertising and website costs|432|314|
|Legal and professional fees|2,650|2,263|
|Therapeutic life coaching and training|41,819|59,590|
||----------------------------|----------------------------|
||50,383|71,381|
|**OTHER OPERATING INCOME**|||
|Coronavirus small business grant|20,000|–|
||----------------------------|-----------------------|
|**OPERATING PROFIT**|18,316|5,442|
||----------------------------|-----------------------|
|**PROFIT BEFORE TAXATION**|18,316|5,442|
||============================|=======================|
**- 8 -**
**COMPANY REGISTRATION NUMBER: 09382059**
## **THE FOUNDATION FOR RIBBLE VALLEY FAMILIES Company Limited by Guarantee UNAUDITED FINANCIAL STATEMENTS 31 JANUARY 2021**
## **RIDEHALGH LIMITED**
Chartered Accountants Guardian House 42 Preston New Road Blackburn BB2 6AH
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **FINANCIAL STATEMENTS**
## **YEAR ENDED 31 JANUARY 2021**
|**CONTENTS**|**PAGES**|
|---|---|
|Directors' report|**1**|
|Statement of income and retained earnings|**2**|
|Statement of financial position|**3**|
|Notes to the financial statements|**4 to 5**|
|**The following pages do not form part of the financial statements**||
|Chartered accountants report to the board of directors on the||
|preparation of the unaudited statutory financial statements|**7**|
|Detailed income statement|**8**|
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **DIRECTORS' REPORT**
## **YEAR ENDED 31 JANUARY 2021**
The directors present their report and the unaudited financial statements of the company for the year ended 31 January 2021.
## **PRINCIPAL ACTIVITIES**
The company is a registered charity (charity number 1161015) and was established to fulfil the following obligation:- To promote social inclusion for the public benefit of the people of Lancashire and North Yorkshire.
## **DIRECTORS**
The directors who served the company during the year were as follows:
S.E. Owen H.M. Evans G. Harding P.K. Mileham O.M. Phillips D. Shears (Appointed 11 December 2020)
## **SMALL COMPANY PROVISIONS**
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 22 September 2021 and signed on behalf of the board by:
P.K. Mileham Director
Registered office: The Family Thrive Centre The Old Physiotherapy Centre New Market Street Clitheroe Lancashire BB7 2JW
**- 1 -**
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **STATEMENT OF INCOME AND RETAINED EARNINGS**
## **YEAR ENDED 31 JANUARY 2021**
||**2021**|2020|
|---|---|---|
|**Note**|**£**|£|
|**TURNOVER**|48,699|76,941|
|Cost of sales|–|118|
||----------------------------|----------------------------|
|**GROSS PROFIT**|48,699|76,823|
|Administrative expenses|50,383|71,381|
|Other operating income|20,000|–|
||----------------------------|----------------------------|
|**OPERATING PROFIT**|18,316|5,442|
||----------------------------|----------------------------|
|**PROFIT BEFORE TAXATION**|18,316|5,442|
|Tax on profit|–|–|
||----------------------------|-----------------------|
|**PROFIT FOR THE FINANCIAL YEAR AND TOTAL COMPREHENSIVE**|||
|**INCOME**|18,316|5,442|
||============================|=======================|
|**RETAINED EARNINGS/(LOSSES) AT THE START OF THE YEAR**|1,804|(3,638)|
||----------------------------|-----------------------|
|**RETAINED EARNINGS AT THE END OF THE YEAR**|20,120|1,804|
||============================|=======================|
All the activities of the company are from continuing operations.
**The notes on pages 4 to 5 form part of these financial statements.**
**- 2 -**
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **STATEMENT OF FINANCIAL POSITION**
## **31 JANUARY 2021**
|||**2021**||2020||
|---|---|---|---|---|---|
||**Note**|**£**|**£**|£|£|
|**CURRENT ASSETS**||||||
|Cash at bank and in hand||20,120||7,650||
|**CREDITORS: amounts falling due**||||||
|**within one year**|**5**|–||5,846||
|||----------------------------||-----------------------||
|**NET CURRENT ASSETS**|||20,120||1,804|
||||----------------------------||-----------------------|
|**TOTAL ASSETS LESS CURRENT**||||||
|**LIABILITIES**|||20,120||1,804|
||||============================||=======================|
|**CAPITAL AND RESERVES**||||||
|Profit and loss account|||20,120||1,804|
||||----------------------------||-----------------------|
|**MEMBERS FUNDS**|||20,120||1,804|
||||============================||=======================|
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 31 January 2021 the company 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 company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of directors and authorised for issue on 22 September 2021, and are signed on behalf of the board by:
P.K. Mileham Director
Company registration number: 09382059
**The notes on pages 4 to 5 form part of these financial statements.**
**- 3 -**
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 JANUARY 2021**
## **1. GENERAL INFORMATION**
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is The Family Thrive Centre, The Old Physiotherapy Centre, New Market Street, Clitheroe, Lancashire, BB7 2JW.
## **2. STATEMENT OF COMPLIANCE**
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
## **3. ACCOUNTING POLICIES**
## **(a) Basis of preparation**
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **(b) Government grants**
Government grants or assistance of a revenue nature are recognised in the same period as the related expenditure. Where the grant is for the purpose of giving immediate financial support with no future related costs the income is recognised in the period in which it becomes receivable.
## **(c) Revenue recognition**
Turnover shown in the income and expenditure account represents amounts received during the year.
## **4. COMPANY LIMITED BY GUARANTEE**
The company is limited by guarantee. In the event of the company requiring funds in order to continue as a going concern the directors have undertaken to contribute the necessary capital. It is unlikely these circumstances will arise in the foreseeable future.
## **5. CREDITORS: amounts falling due within one year**
||**2021**|2020|
|---|---|---|
||**£**|£|
|Trade creditors|–|846|
|Other creditors|–|5,000|
||--------------|-----------------------|
||–|5,846|
||==============|=======================|
## **6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES**
There are no transactions with directors that require disclosure under FRS 102 Section 1A.
**- 4 -**
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_
## **YEAR ENDED 31 JANUARY 2021**
## **7. RELATED PARTY TRANSACTIONS**
The company was under the control of the directors throughout the year.
No transactions with related parties were undertaken such as are required to be disclosed under the provisions of FRS 102 Section 1A.
**- 5 -**
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **MANAGEMENT INFORMATION**
## **YEAR ENDED 31 JANUARY 2021**
**The following pages do not form part of the financial statements.**
**- 6 -**
**THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **COMPANY LIMITED BY GUARANTEE**
## **CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **YEAR ENDED 31 JANUARY 2021**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Foundation for Ribble Valley Families for the year ended 31 January 2021, which comprise the statement of income and retained earnings, statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of The Foundation for Ribble Valley Families, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of The Foundation for Ribble Valley Families and state those matters that we have agreed to state you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Foundation for Ribble Valley Families and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that The Foundation for Ribble Valley Families has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Foundation for Ribble Valley Families. You consider that The Foundation for Ribble Valley Families is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of The Foundation for Ribble Valley Families. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
RIDEHALGH LIMITED Chartered Accountants
Guardian House 42 Preston New Road Blackburn BB2 6AH
22 September 2021
**- 7 -**
## **THE FOUNDATION FOR RIBBLE VALLEY FAMILIES**
## **DETAILED INCOME STATEMENT**
## **YEAR ENDED 31 JANUARY 2021**
||**2021**|2020|
|---|---|---|
||**£**|£|
|**TURNOVER**|||
|Baby massage|2,135|2,178|
|Donations|13,106|60,513|
|Therapeutic life coaching & training|–|1,430|
|Room hire|3,468|–|
|Grants|29,990|9,750|
|Events|–|3,070|
||----------------------------|----------------------------|
||48,699|76,941|
|**COST OF SALES**|||
|Purchases|–|118|
||----------------------------|----------------------------|
|**GROSS PROFIT**|48,699|76,823|
|**OVERHEADS**|||
|**ADMINISTRATIVE EXPENSES**|||
|Room hire|–|770|
|Rent rates and water|2,003|2,241|
|Light and heat|1,762|4,717|
|Insurance|286|286|
|Repairs and maintenance|748|617|
|Telephone|455|307|
|Printing, postage and stationery|228|239|
|Sundry expenses|–|37|
|Advertising and website costs|432|314|
|Legal and professional fees|2,650|2,263|
|Therapeutic life coaching and training|41,819|59,590|
||----------------------------|----------------------------|
||50,383|71,381|
|**OTHER OPERATING INCOME**|||
|Coronavirus small business grant|20,000|–|
||----------------------------|-----------------------|
|**OPERATING PROFIT**|18,316|5,442|
||----------------------------|-----------------------|
|**PROFIT BEFORE TAXATION**|18,316|5,442|
||============================|=======================|
**- 8 -**