**Charity registration number 1161596 (England and Wales)** **POINT (PARENTS OF OLDHAM IN TOUCH) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **Trustees** D Rhoden E Patel J Wray E L O'Shaughnessy C E Taylor K Rolling A Burton S Mushtaq **Charity number (England and Wales)** 1161596 **Registered office** Chadderton Court 451 Middleton Road Chadderton Oldham OL9 9LB **Auditor** BK Plus Audit Limited Sterling House 501 Middleton Road Chadderton Oldham Lancashire OL9 9LY (Appointed 17 April 2024) (Appointed 17 April 2024) (Appointed 14 August 2025) (Appointed 14 August 2025) ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **CONTENTS** ||**Page**| |---|---| |Trustees' Annual report|1 - 6| |Independent auditor's report|7 - 9| |Statement of financial activities|10| |Balance sheet|11| |Statement of cash flows|12| |Notes to the financial statements|13 - 25| ## **POINT (PARENTS OF OLDHAM IN TOUCH) TRUSTEES' REPORT** Year ending 31st March 2025 _**FOR THE YEAR ENDED 31 MARCH 2025**_ outcomes delivered by POINT, both with and on behalf of our members. Clients report to be inserted here - 1 - ## Oldham **POINT (PARENTS OF OLDHAM IN TOUCH)** Parent Carer Forum AEA OT RS UE eS ls i OST CaS “We **TRUSTEES' REPORT (CONTINUED)** have been involved with the Parent Carer Forum for just over a year and we have been blown away by the passion and dedication that they bave to ensure parents bave a voice.” _**FOR THE YEAR ENDED 31 MARCH 2025**_ # Schoolsmore Clients report to be inserted here familiesProjectcanandactivelywe attendparticipatesessionsand inbecomethe Familyinvolved.Hubs Weacrossare Oldham,a strategicandleadareinpartAutismof thein - 2 - **----- Start of picture text -----**
SEND Mediation and Disagreement Resolution
POINT (PARENTS OF OLDHAM IN TOUCH)
ONESOLE NE Rh he NTT EIT
“Everythingaccommodating.” TRUSTEES' REPORT (CONTINUED) explained, welcoming, calm environment, professional, very approachable,
FOR THE YEAR ENDED 31 MARCH 2025
21% growth in Mediation & Disagreement Resolution meetings
**----- End of picture text -----**
emerge is inevitable. Clients report to be inserted here - 3 - ## SEND Activities & Short Breaks REN **POINT (PARENTS OF OLDHAM IN TOUCH)** ZL ENT hs TILES OO Our valued activities provision for children and young people with Special Educational Needs and **TRUSTEES' REPORT (CONTINUED)** Disabilities continued to grow in 2024—25, with an expanded programme of fun, inclusive and outcome-focused sessions. Attendance rose across our core programme, events and trips, helping _**FOR THE YEAR ENDED 31 MARCH 2025**_ young people engage in meaningful activities and giving families vital opportunities for respite and connection. ensured continuity for families, with no disruption to their experience. The sessions continue to be a Clients report to be inserted here great success, attracting both returning participants and new attendees. - 4 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". ## _Public benefit_ The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake. ## **Financial review** ## _Funding sources_ The charity has net incoming resources this year of £285,912 (2024: £170,480), as shown in the statement of financial activities on page 10. Major expenditure is the staff costs and the provision of events and activities. ## _Reserves policy_ POINT's trustees are legally required to ensure we have sufficient reserves in place to secure the financial stability of the charity and the means for the development of our principal activity. We intend to maintain our reserves at a level which is at least equivalent to 6 months sustainability funding which will ensure all our financial obligations can be met and to ensure the delivery of our services when faced with any unexpected changes in contracts, market conditions or to secure sustainability due to emergency situations, for example pandemics. The Board of Trustees review the amount of reserves quarterly using our financial management reports. These reviews ensure that our free reserves are adequate to fulfil our continuing obligations. ## _Free reserves_ Free reserves are calculated as unrestricted funds less designated funds less tangible fixed assets. At 31 March 2025, free reserves were equivalent to 9 months’ operating costs which is higher/lower than the Trustees’ target for free reserves. The trustees feel that that the additional free reserves held at 31 March 2025 will need to be used in 2026 to support the charity’s work in light of the current economic outlook. ## **Structure, governance and management** The trustees who served during the year and up to the date of signature of the financial statements were: D Rhoden E Patel E L Atkinson (Resigned 17 April 2024) J Wray E L O'Shaughnessy (Appointed 17 April 2024) C E Taylor (Appointed 17 April 2024) K Rolling E M Lang (Resigned 15 January 2025) A Burton (Appointed 14 August 2025) S Mushtaq (Appointed 14 August 2025) ## _Recruitment and appointment of trustees_ POINT Trustees conduct a skills audit annually which helps to evidence the skills of our existing trustees and identify any skills gaps that may exist. Trustee recruitment is a rolling programme where interested parties are invited to complete an expression of interest for which identifies their motivation for expressing an interest and also captures the applicants core skills related to the trustee governance role. - 5 - POINT (PARENTS OF OLDHAM IN TOUCH) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Individuals who express an interest will first undertake a meetyng wilh 2 existing trustees, usually the Chair and Vic&Chair to discuss the application. If successful at this stage. they will be invited to observe a board meeting to ensure they have awareness of how we operate and to seek further assurance that the role is what they expected. Folk¢wing this. successful candidates would be appointed to the board by way of a vote of trustees. All Trustee roles are subject to references and undertaking of an enhanced dbs check. Organisational strt￿ture POINT has a board of Trustees who have overall resw>nsibÉlity for the charity. ifs purpose and ensuring it is ompliant. The operational team consists of a central managemént function comprising of a CEO. Deputy CEO and Businèss Manager who are responsible for the overall operdtional and compliance responsibiliiies of the charity. Each Sen41￿ within POINT is delivered by an operation t8am with expertise in their service field. Each team has Manager who has direct responsibility for their service and line manages their respective teams to deliver against contractual obligations. POINT'S team are supported by activ8 volunteers to further the work of the charity and provide addrtional support I exp8rtise. Statement of trustees. responsibillties The trusts8s are responsible for preparing the Truste8s' Report and the financial statemanls in accordanc8 With applicable law and United Kingdom Ac￿UntIng Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to chariiies in England and Wales requires Ihe trustees to prepare financial statements for each ffinancial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of r8sources of the Charity for that year. In preparlng these financial statements. the trustees are required to". - select suilable accounting policies and then apply them consistently,. - observe the melhods and principles in the Charities SORP., - make judgements and estimates that are reasonable and prudent; state whether applicable accounting stsndards have been followed. sutr4ect to any material departures disclos8d and explained in the financial statements; and - prepare the financial statements on the going ￿nCeM basis unless it is inappropriate to presume that th8 charity will continue in operation. The trustees are responsible for keeping sufficrent accounting recA)rds that disclose with reasonable accuracy al any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Chanty (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charty arKI hence for tsking reasonable steps for th8 prevention and detection of fraud and other irregularities. The trustees. report was approved by the Board of Trustees. J Wray Trustee ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **INDEPENDENT AUDITOR'S REPORT** ## **TO THE TRUSTEES OF POINT (PARENTS OF OLDHAM IN TOUCH)** ## **Opinion** We have audited the financial statements of POINT (Parents of Oldham in Touch) (the ‘Charity’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: - give a true and fair view of the state of the charity’s affairs as at 31 March 2025 and of its incoming resources and application of resources, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the Charities Act 2011. ## **Basis for opinion** We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the _Auditor's responsibilities for the audit of the financial statements_ section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ## **Conclusions relating to going concern** In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. ## **Other information** The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## **Matters on which we are required to report by exception** We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: - the information given in the financial statements is inconsistent in any material respect with the trustees' report; or - sufficient accounting records have not been kept; or - the financial statements are not in agreement with the accounting records; or - we have not received all the information and explanations we require for our audit. - 7 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF POINT (PARENTS OF OLDHAM IN TOUCH)** ## **Responsibilities of trustees** As explained more fully in the statement of trustees' responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to cease operations, or have no realistic alternative but to do so. ## **Auditor's responsibilities for the audit of the financial statements** We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. - Obtaining an understanding of the legal and regulatory frameworks that the Charity operates in, focusing on those laws and regulations that have had a direct effect on the financial statements. The key laws and regulations we considered in this context include Charities Act. In addition, we consider compliance with employee legislation, as fundamental to the Charity’s operations; - Discussions with management, including consideration of known or suspected instances of noncompliance with laws and regulations and fraud; - Enquiry of management and those charged with governance around actual and potential litigation and claims; - Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias; - Reviewing minutes of meetings of those charged with governance; and - Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations. There are inherent limitations in the audit procedures described above and the further removed noncompliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report. ## **Other matters which we are required to address** In the previous accounting period, the trustees of the charity took advantage of audit exemption under s145 of the Charities Act 2011. Therefore, the prior period financial statements were not subject to audit, however they were subject to an Independent Examination. - 8 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF POINT (PARENTS OF OLDHAM IN TOUCH)** Your attention is drawn to the fact that the charity has prepared financial statements in accordance with "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. This has been done in order for the financial statements to provide a true and fair view in accordance with current Generally Accepted Accounting Practice. ## **Use of our report** This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed. ## **Dominic Huxley ACA (Senior Statutory Auditor)** For and on behalf of BK Plus Audit Limited, Statutory Auditor Chartered Certified Accountants Sterling House 501 Middleton Road Chadderton Oldham Lancashire OL9 9LY Date: 20 August 2025 BK Plus Audit Limited is eligible for appointment as auditor of the Charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. - 9 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
7,770
28,727
Charitable activities
**4**
944,312
41,044
Other trading activities
**5**
4,860
-
Investments
**6**
41
-
**Total income**
956,983
69,771
**Expenditure on:**
Raising funds
**7**
-
-
Charitable activities
**8**
658,777
82,065
**Total expenditure**
658,777
82,065
**Net income/(expenditure)**
298,206
(12,294)
Transfers between
funds
-
-
**Net movement in**
**funds**
**10**
298,206
(12,294)
**Reconciliation of funds:**
Fund balances at 1 April 2024
286,092
12,294
**Fund balances at 31 March**
**2025**
584,298
-|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
36,497
5,696
32,605
985,356
677,621
76,056
4,860
1,384
-
41
43
-
1,026,754
684,744
108,661
-
799
480
740,842
504,368
117,279
740,842
505,167
117,759
285,912
179,577
(9,098)
-
(16,448)
16,448
285,912
163,129
7,350
298,386
122,963
4,944
584,298
286,092
12,294|**Total**
**2024**
**£**
38,301
753,677
1,384
43| |---|---|---| |||793,405| |||1,279
621,647| |||622,926| |||170,479
-| |||170,479
127,907| |||298,386| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 10 - POINT (PARENTS OF OLDHAM IN TOUCH) BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Fixed assets Tangible assets 15 4.961 Current assets Debtors Cash at bank and in hand 16 47,897 552,443 72.839 226.136 600.340 298,975 Creditors: amounts falling due wlthin one year 17 (23.032) (5,550) Net current assets 577.308 293,425 Total assets less current liabllities 584.298 298,386 The funds of the Charty Restricted income funds Unrestrlcled funds 18 19 12,294 286,092 584.298 584.298 298,386 Th8 financtal ststements were approved by the trustees on .........................? J Wray Truslea 11 ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **STATEMENT OF CASH FLOWS** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**Notes**
**Cash flows from operating activities**
Cash generated from operations
**23**
**Investing activities**
Purchase of tangible fixed assets
Investment income received
**Net cash used in investing activities**
**Net cash generated from financing activities**
**Net increase in cash and cash equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2025**
**£**
(6,765)
41|**£**
333,031
(6,724)
-
326,307
226,136
552,443|**2024**
**£**
(7,442)
43|**£**
128,748
(7,399)
-
121,349
104,787
226,136| |---|---|---|---|---| - 12 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** ## **Charity information** POINT (Parents of Oldham in Touch) is a charity registered in England. The address of the registered office is Chadderton Court, 451 Middleton Road, Chadderton, Oldham, OL9 9LB. The nature of the charity’s operations and principal activities are detailed within the Trustees’ Report on pages 1 to 6. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the Charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The Charity is a Public Benefit Entity as defined by FRS 102. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are for grants, donations and other incoming resources received or generated for charitable purposes. Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Expenditure which meets these criteria’s is identified to the fund, together with a fair allocation of overheads and support costs. ## **1.4 Income** Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 13 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** ## **(Continued)** Fundraising income is from activities such as raffles to further create income for ad hoc activities to further support the charitable objectives. ## **1.5 Expenditure** All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to applicable expenditure headings. Charitable expenditure shall include all expenditure directly related to the objects of the charity, including the cost of goods and services, that have been incurred in charitable activities. Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required, and the amount for the obligation can be measured reliably. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and fittings Straight line over 3 years IT & Computer Equipment Straight line over 3 years The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.7 Impairment of fixed assets** At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **1.8 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.9 Financial instruments** The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. - 14 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** ## **(Continued)** ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled. ## **1.10 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **2 Critical accounting estimates and judgements** In the application of the Charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. There have been no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. - 15 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **3 Income from donations and legacies** |**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
Donations and gifts
7,770
-
Grants
-
28,727
7,770
28,727
**Income from charitable activities**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**SEND Services**
Services provided under
contract
846,687
23,544
**Parent Carer Forum**
Services provided under
contract
97,625
17,500
944,312
41,044|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
7,770
5,696
-
28,727
-
32,605
36,497
5,696
32,605
**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
870,231
630,620
54,356
115,125
47,001
21,700
985,356
677,621
76,056|**Total**
**2024**
**£**
5,696
32,605| |---|---|---| |||38,301| |||**Total**
**2024**
**£**
684,976
68,701| |||753,677| ## **4 Income from charitable activities** ## **5 Income from other trading activities** ||**Unrestricted**|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2025**|**2024**| ||**£**|**£**| |Fundraising events|4,860|1,384| |**Income from investments**||| ||**Unrestricted**|**Unrestricted**| ||**funds**|**funds**| ||**2025**|**2024**| ||**£**|**£**| |Interest receivable|41|43| ## **6 Income from investments** - 16 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **7 Expenditure on raising funds** ||**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**|**Total**| |---|---|---|---|---|---|---| ||**funds**|**funds**||**funds**|**funds**|| ||**2025**|**2025**|**2025**|**2024**|**2024**|**2024**| ||**£**|**£**|**£**|**£**|**£**|**£**| |**Fundraising**|**and publicity**|||||| |Advertising|-|-|-|799|480|1,279| - 17 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **8 Expenditure on charitable activities** |**SEND**
**Services**
**Parent Carer**
**Forum**
**2025**
**2025**
**£**
**£**
**Direct costs**
Events & Activities
41,000
14,764
Staff costs
495,113
57,868
Depreciation and
impairment
4,736
-
Travel Expenses
3,992
771
Accommodation Costs
453
126
Rent
29,647
5,805
Equipment
694
146
Storage costs
(66)
-
Repairs & Maintenance
6,032
1,235
Security costs
479
-
Light, Power & Heating
12,732
2,531
Water Charges
1,250
247
Printing & Stationery
2,439
851
Telephone and Internet
7,605
792
Recruitment costs
1,505
-
Insurance
4,622
714
Professional fees
9,649
1,213
Subscriptions
2,427
83
IT Software &
Consumables
12,838
2,245
Cleaning costs
1,982
314
Clothing
61
-
Volunteer expenses
240
-
Refreshments
290
330
General expenses
1,112
59
Core costs
(6,000)
6,000
634,832
96,094
**Share of support and governance costs (see note 9)**
Governance
8,757
1,159
643,589
97,253
**Analysis by fund**
Unrestricted funds
579,024
79,753
Restricted funds
64,565
17,500
643,589
97,253|**Total**
**SEND**
**Services**
**Parent Carer**
**Forum**
**2025**
**2024**
**2024**
**£**
**£**
**£**
55,764
39,914
12,061
552,981
426,094
41,653
4,736
1,320
1,161
4,763
2,530
543
579
1,058
304
35,452
24,111
4,950
840
1,607
426
(66)
757
-
7,267
5,032
660
479
281
-
15,263
8,307
1,676
1,497
1,188
240
3,290
2,441
1,176
8,397
11,070
590
1,505
1,424
-
5,336
1,071
187
10,862
1,008
492
2,510
2,317
28
15,083
10,573
2,416
2,296
3,855
607
61
254
-
240
484
-
620
1,402
422
1,171
1,093
63
-
(6,000)
6,000
730,926
543,191
75,655
9,916
2,759
42
740,842
545,950
75,697
658,777
447,713
56,655
82,065
98,237
19,042
740,842
545,950
75,697|**Total**
**2024**
**£**
51,975
467,747
2,481
3,073
1,362
29,061
2,033
757
5,692
281
9,983
1,428
3,617
11,660
1,424
1,258
1,500
2,345
12,989
4,462
254
484
1,824
1,156
-| |---|---|---| |||618,846
2,801| |||621,647| |||504,368
117,279| |||621,647| - 18 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **9 Support costs allocated to activities** |Governance costs
**Analysed between:**
Accountancy
Auditor's remuneration
Bank & service charges
**10**
**Net movement in funds**
The net movement in funds is stated after charging/(crediting):
Fees payable to the charity's auditor:
- for the audit of the charity's financial statements
- for other financial services
Depreciation of owned tangible fixed assets|**2025**
**£**
9,916
1,800
7,800
316
9,916
**2025**
**£**
7,800
1,800
4,736|**2024**
**£**
2,801| |---|---|---| |||2,759
42| |||2,801| |||**2024**
**£**
-
-
2,481| ## **11 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year. ## **12 Employees** |**Employment costs**
Wages and salaries
Social security costs|**2025**
**£**
535,851
6,930
552,981|**2024**
**£**
455,175
3,572| |---|---|---| |||467,747| Average number of employees during the year was 21, an average of 18 full time equivalent (2024: average of 17, and 14.5 FTE). One employee received emoluments of £70,000 or above (2024: One of £60,000 or above). No Trustees were paid any remuneration or expenses during the course of the year. - 19 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**12**|**Employees**||**(Continued)**| |---|---|---|---| ||The number of employees whose annual remuneration was more than £60,000 is as follows:||| |||**2025**|**2024**| |||**Number**|**Number**| ||£60,001 - £70,000|-|1| ||£70,001 - £80,000|1|-| ||**Remuneration of key management personnel**||| ||The remuneration of key management personnel was as follows:||| |||**2025**|**2024**| |||**£**|**£**| ||Aggregate compensation|167,399|153,001| ## **13 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. ## **14 Reclassification of comparatives** Following a full detailed review of the funds in the current year it was noted that some funds in the prior year had been incorrectly allocated as unrestricted or restricted. There was no overall impact on the net surplus for the prior year. The reclassification of charitable activities income and expenditure resulted in a movement between restricted and unrestricted funds as follows: ||||Restricted||||Unrestricted|| |---|---|---|---|---|---|---|---|---| ||Original||As restated|_Movement_||_Original_|_As restated _|_Movement_| |Opening position 1 April 2023|4,944||4,944||_-_|_122,963_|_122,963_|_-_| |Charitable income|124,548||108,661|_(15,887_|_)_|_668,857_|_684,744_|_15,887_| |Charitable expenditure|(140,347|)|(117,759 )|_22,588_||_(482,579 )_|_(505,167 )_|_(22,588 )_| |Transfer of funds from||||||||| |unrestricted||-|16,448|_16,448_|||_(16,448 )_|_(16,448 )_| |Closing position as||||||||| |restated 31 March 2024|(10,855|)|12,294|_23,149_||_309,241_|_286,092_|_(23,149 )_| This resulted in an increase of opening restricted funds by £23,149 and a reduction to opening unrestricted funds of £23,149. - 20 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**15**
**Tangible fixed assets**
**Fixtures and**
**fittings**
**IT & Computer**
**Equipment**
**£**
**£**
**Cost**
At 1 April 2024
-
7,442
Additions
3,197
3,568
At 31 March 2025
3,197
11,010
**Depreciation and impairment**
At 1 April 2024
-
2,481
Depreciation charged in the year
1,066
3,670
At 31 March 2025
1,066
6,151
**Carrying amount**
At 31 March 2025
2,131
4,859
At 31 March 2024
-
4,961
**16**
**Debtors**
**2025**
**Amounts falling due within one year:**
**£**
Trade debtors
31,725
Prepayments and accrued income
16,172
47,897
**17**
**Creditors: amounts falling due within one year**
**2025**
**£**
Trade creditors
1,450
Accruals and deferred income
21,582
23,032|**Total**
**£**
7,442
6,765| |---|---| ||14,207| ||2,481
4,736| ||7,217| ||6,990| ||4,961| ||**2024**
**£**
52,207
20,632| ||72,839| ||**2024**
**£**
2,593
2,957| ||5,550| - 21 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **18 Restricted funds** The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. ||**At 1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**| |---|---|---|---|---|---| ||**2024**|**resources**|**expended**||**2025**| ||**£**|**£**|**£**|**£**|**£**| |The National Lottery|||||| |Community Fund|10,031|23,544|(33,575)|-|-| |Oldham PCF|-|17,500|(17,500)|-|-| |Get Fishing Large Project Fund|2,263|-|(2,263)|-|-| |Oldham household support|||||| |fund|-|12,000|(12,000)|-|-| |Access to work grant|-|16,727|(16,727)|-|-| ||12,294|69,771|(82,065)|-|-| |**Previous year:**|**At 1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**| ||**2023**|**resources**|**expended**||**2024**| ||**£**|**£**|**£**|**£**|**£**| |The National Lottery|||||| |Community Fund|20,025|54,356|(64,350)|-|10,031| |Oldham PCF|(17,646)|21,700|(20,502)|16,448|-| |Get Fishing Large Project Fund|2,565|-|(302)|-|2,263| |Oldham household support|||||| |fund|-|15,700|(15,700)|-|-| |Access to work grant|-|16,905|(16,905)|-|-| ||4,944|108,661|(117,759)|16,448|12,294| - 22 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **18 Restricted funds** ## **(Continued)** ## The National Lottery Community Fund This funding was secured over 3 years to support post-covid recovery, leading to sustainability and growth of POINT. The funding was specific to covering core costs including rent, utilities and salaries and supported skills development activity to upskill team members. Our end of Year report showed significant progress in meeting the areas identified in our original bid including investment in training staff, internal promotions and recruitment of new team members, increasing support in all areas for our families and the continued sustainability of POINT. ## Oldham PCF Grant POINT receive this grant as the recognised parent carer forum in Oldham. Contact gives a grant of up to £17,500 to one parent carer forum in each local authority area in England. This money comes from the Department for Education (DfE). The grant enables parent carer forums to engage with local parents and carers to help improve services for children and young people (0–25) with SEND. The grant strengthens parent carer forums, helping parents shape services for children and young people (0– 25) with SEND. ## Get Fishing Large Project Fund POINT Activities secured this funding for the provision of a fishing activity as part of our SEND Activities programme. The grant was to support the provision of specialist fishing equipment to deliver this programme. During the programme’s duration, children and young people with additional needs and/or disabilities were able to take part in an activity they would generally not have access to, and which was tailored specifically around the needs of those participants. ## Oldham household support fund This Fund is an investment in Voluntary, Community, Faith and Social Enterprise (VCFSE) groups and organisations who are working closely with individuals and households in Oldham who are at risk due to the adverse impact of the cost-of-living crisis. Funds are expended in line with our agreed grant application and contract. ## Access to work grant Access to Work grants are provided by the Department for Work and Pensions (DWP). POINT have accessed this grant to provide additional support to a colleague or colleagues, ensuring they have the equipment, support and workplace adjustments they require to support them to stay in work. ## **19 Unrestricted funds** The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. ||**At 1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**| |---|---|---|---|---|---| ||**2024**|**resources**|**expended**||**2025**| ||**£**|**£**|**£**|**£**|**£**| |General funds|286,092|956,983|(658,777)|-|584,298| |**Previous year:**|**At 1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**| ||**2023**|**resources**|**expended**||**2024**| ||**£**|**£**|**£**|**£**|**£**| |General funds|122,963|684,744|(505,167)|(16,448)|286,092| - 23 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **20 Analysis of net assets between funds** |**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**At 31 March 2025:**
Tangible assets
6,990
-
Current assets/(liabilities)
577,308
-
584,298
-
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**At 31 March 2024:**
Tangible assets
4,961
-
Current assets/(liabilities)
281,131
12,294
286,092
12,294|**Total**
**2025**
**£**
6,990
577,308| |---|---| ||584,298| ||**Total**
**2024**
**£**
4,961
293,425| ||298,386| ## **21 Operating lease commitments** ## **Lessee** |Within one year
Between two and five years
In over five years|**2025**
**£**
42,000
210,000
147,000
399,000|**2024**
**£**
-
-
-| |---|---|---| |||-| ## **22 Related party transactions** There were no disclosable related party transactions during the year (2024 - none). - 24 - ## **POINT (PARENTS OF OLDHAM IN TOUCH)** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**23**
**Cash generated from operations**
Surplus for the year
**Adjustments for:**
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
**Movements in working capital:**
Decrease/(increase) in debtors
Increase in creditors
**Cash generated from operations**
**24**
**Analysis of changes in net funds**|**2025**
**£**
285,912
(41)
4,736
24,942
17,482
333,031|**2024**
**£**
170,479
(43)
2,481
(47,800)
3,631
128,748| |---|---|---| The Charity had no material debt during the year. - 25 -