Family Trust Inspiring the next generation to explore Christianlty. REPORT AND ACCOUNTS FOR YEAR ENDED 31ST DECEMBER 2024 Registered Charity Number.. 1162296 Registered Company Number: 09453991 'The Old School House, 4 Buckland Road Maidstone Kent ME16 OSL The Annual Re Ort2 24 ststement of Financial Activities & Balan￿ Shee Notes to the Accoun Inde endent E in ort.. Paul Baker Applied Accountsncy Limited 50a Clifford Way Maidstone ME16 8GD Bankers.. CAF Bank Limited Kings Hill, West Mailing Kent ME19 4TA The Annual Report Year Ended 31" December 2024 ?FamilyTrust An introducti achievements re Whilst we also saw some notable achievements 2024 it was very much a year of 5tabilising and strengthening the charities, position in readiness for future growth. Taking opportunities presented to share the Gospel me55age as we strive to 'inspire the next generation to explore Christianity,. This continues to be an encouragement and privilege. Through the endeavours of the team, we continued to deliver provision in schools across Maidstone, Medway and Swale. The number of pupils reached during the year grew to approximately 33,500 pupils in 2024, compared to 30,000 in 2023. Financially we also made progress. The budget deficit was further reduced in 2024, in part due to increased income generation through our new Fundraisirlg and Engagement cix)rdinator roles, which were trK)th filled in early 2024. This was alongside strategic cosi cutting and careful management of autgoings throughout the year. Aside from the two roles mentioned above, employed stsff has remained static during the year, which included One"abSen￿ and return" from maternity leave by a member of the team. Our collective worship and Kingsquad teaching theme5 at the beginning of 2024 encouraged children to discover more about a wider group of biblical characters (Gideon, Ruth, David, Ester and Paul). In September we intri)duced a new theme, exploring 'Gods Promises,. It wa5 hugely encouraging to know that in doing so we delivered 382 assemblies, and 128 schools were vi51ted in doing so! Furthermore, we also added two additional Kingsquad5. Perhaps more importantly, significant work was done to increase the number of pupils attending each club, and foundation work carried out in 2024 has seen its fruits in more clubs t￿Ing started in 2025. Additionally, workshops offered to Primary Schools were further developed in 2024. Sch(M)Is are now able to choose from three offerings: 'The teachings of lesus,, 'The existence of God, and'money Matters,. These workshops are aimed at K52 and deliver elemerits and requirements of the RE & SMSC teaching syllabus. Twenty-five of these sessions were delivered across the year. Our seasonal provisions were once again well ￿￿1Ved in schools in 2024. At Easter a puppet show was performed for KSI pupils and 'The Colours of Easter, workshops were delivered to KS2, both telling the Easter story in an age appropriate and engaging way. The Christmas show, entitled The Christmas Mission,, was perfomied to 46 engaged and joyful audiencesl We continued to offer activities to secondary schoo15, in the Maidstone area. Aside from bespoke provision, this included our student mentoring programme, which saw 18 trained mentors (including 10 new volunteers) supporting 48 pupils, all facing a variety struggles and challenges. We also facilitated three 'PrayerSpaces' to help young people find space to reflect and 'be still. afflongst the pressures, stress and angst of teenage life. The secondary schools work at The Family Trust continues to rely largely upon volunteers to support the staff team. Our annual summer residential camp, 'Chequer Tree Camp,, was another great success. With 32 volunteers supporting across I￿0 weets, at which 77 children in total were welcomed. With a mixture of activities the teaching explored Christian festivals throughout the calendar year, (HaNest, Advent, Christmas, Holy Week, Easter, and Pentecost), and the relevan￿ and imFkCt of these today. Having Christmas dinner in August, complete with a decorated Christma5 tree, did feel a little strange but it gave campers an opportunity to explore the Christian Faith in a fun, creative and engaging way together and grow in their own understanding. Overall, we can only be enCOu￿ged by the development of our activities in pursuit of our vision in 2024 and we hope to be able to report positively about these in 2025. Andrew Haines and James Alder Chair of Trustees and Charity Manager The Annual Report Year Ended 31" December 2024 ?FamilyTrust tructure structure The charity is controlled by a goveming dixument, The Memorandum and Articles of Association. The charity is a Charitable Company Limited by Guarantee. The company numtEr is 09453991. rn nce & Mana ement rnance The charity is governed by the ￿ard of trustees who are also directors of the company. The serving trustees for the charity from 1st January until 315t December 2024 were: Mr A J Haines (Chair) Mr A l Hillier (retired on 31st Dec. 2024) Mr A Croft (resigned on 31" Dec. 2024) Mr A Hallam Mrs J Johnson Mrs K Edney The board met six times during the year to decide on the strategic direction of the charity, set financial and other performance targets, examine the recent activities of the charity and review con￿rn or safeguarding issues. The day-to-day management of the charity is delegated by the trustees to the Charity Manager. ecruitment & A ment of New Trustees No New Trustees were appointed in 2024. The recrLJitment and training of new, trustees will LE undertaken in the year ahead. Additional individuals with the identified required skills will approached and advertised for to improve the management of the charity. New trustees will be inteNiewed and aptx)inted by agreement of existing trustees. Risk M na ement The trustees have a responsibility to identify and review the risks to which the charity is exwsed and to ensure controls are in pla￿ to provide reasonable assuran￿ against fraud and error. As the nature of the work involves working with children and young people, the charity has a robust safeguardinq wlicy in place. The policy is regularfy reviewed so that necessary steps can be taken to minimise these risks and maintain safety, this policy was reviewed again in November 2024. Statement of Truste s, Res nsi ilities Company law requires trustees, as directors of the company, to prepare financial statements in accordance with applicable law and regulations. Under that law Lhe trustees have elected to prepare rinancial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the stste of affairs of the charity as at the end of the financial period and of the surplu5 or deficit for that period. In preparing those financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently. make judgements and estimates that are reasonable and prudent. prepare account5 unless it is inappropriate to presume that the company will continue in business. Chari Ob"ectives iv The objectives of The Family Trust as set out in the Memorandum and Articles of .Association, are: The adVan￿Ment of religion by the encouragement and support of any individual or organisation which engages in the work of Christian outreach. The prtsmotion of any charitable purFX)se likely to relieve the needs of children and young person5. Our mission statement, remains the focus of all we do in providing a variety of seNices to local schools: "Inspiring the next Generation to explore Christianity" The Annual RetK>rt Year Ended 31st De￿mber 2024 ?Family Trust Thi5 mission statement is worked out in practice through a team of trained Staff, associates, and volunteers, delivering with expertise and enthusiasm regular provision in some of the secondary schools of Maidstone and Primary schools in the Maidstone, Medway and Swale areas of Kent. The activity delivered: assemblies, extracurricular clubs CKing5quad'), workshops, seasonal provision (performan￿ and workshop), student mentoring, and prayer spaces. The Family Trust also runs an annual residential camp (Chequer Tree Camp) during the school summer break, with the aim of enabling children to gather in a safe, fun and engaging environment to again t inspired to explore Christianity and further develop their understanding of the Christian faith. Financial R vi Funding for the operation and activities of the charity comes in large part from trust funds this is supported by donations from individuals and churches. The year also saw the continued success of income as a result of charging schools for some of the provision delivered. These charges were a subsidy and didn t in any way cover the costs of the Servi￿ but went towards supporting the overall running of the charity. A significant number of grant applications were made and the trustees are extremely grateful for the support from the following organisations in 2024- The Hillier Trust Colyer Furguson Charitable Trust Maidstone Borough Counal Deo Gloria Trust Cobtree Charitable Trust Maidstone Lions The Henry Smith Charity Chatham Maritime Trust Marsh Charitable Trust The Benefact Trust Marsh Charitable Trust Edgar E Lawley Foundation Two significant cost saving measures that took place during the year, was the closure of the Medway offfice, and not apwinting maternity cover, this brought financial savings whilst still being able to maintain operations at the same level. Reserves Polic The Charity maintains a policy of investing its cash reseNe5 in low-risk dewsit accounts to ensure liquidity in responding to the needs of its expenditure. The policy of the charity IS to aim to have free reserves of 6 months operating costs to fund its work (which at the end of 2024 was budgeted at £150,000). Unrestricted reserve funds (including designated funds) on 31. De￿mber 2024 were £233,372 (2023.. £262,074}. On 31st De￿rnber 2024 the assets of The Family Trust are considered adequate to fulfil its obligations, but the trustees continue to be mindful of needing to increase income as well as finding balance in the expenditure, and continue to put plans in pla￿ to further redu￿ the budget deficit. This rewrt was formally approved by the board on 5 lune 2025 and signed on its behalf. Signe by the Chair of trustees on behalf of the trx)ard'. A. Hai Date: THE FANILY TRUST OF FINANCIAL ACTIVITIES FOR TH& YBAR ENDED 31ST DECEMBER 2024 Year Ended 31. L2.24 Unrestricted Restricted Funds Year Ended 31. 12.23 Unrestricted Restricted Funds nds Total Total INCOMB Donatitrns Grant Income Gift Aid Chequer Tte@ Caw School charges Rental inco]ne Interest receivable Total Income 243. 122 17,)52 2.406 16.285 10.790 10.534 243. 122 36, 532 2,406 16.285 10,790 10.534 5.460 325 129 327.580 3, 815 1.467 9.196 3. 680 9. 322 4t. 903 259. 963 227.580 21.945 1,467 9,196 3. 6BO 9. 322 4, 903 278 093 19,480 18.130 305 649 18.130 tsXPKNDITURE ChLLdren8 Workers & Othei Staff 203.986 A33ettLbLi63 & Events 1.342 Chequet Tree Camp 12,124 staf f tralning 1. 532 PtèmisÈ8 Costs 65. 233 Insurance 3. 406 Telephone 3. 429 Postage 81 Advert151ng & Fr¢)I￿tIO 752 Professional f ÈÈS 8.488 Printing & atationety 1.018 Travel 10.123 Sundries 531 Bank chargeg 70 Deprtrclatton 789 Donatlon8 otal ExpendLture 17.775 4B4 1,240 221,761 1,826 13,364 1. 532 85,233 3,406 3.429 224.222 2. 740 7.807 3.138 63, 446 2. 833 3. 764 13. 781 63 239.003 2.803 7.807 3, 138 83,446 2, 833 3, 764 30 2,220 6, 954 1.057 9, 829 1,305 94 2, 501 28,OQO 393, 784 752 8.490 1.018 10.123 531 2.220 6. 594 1.057 9.238 1.305 94 620 14.179 363.273 360 591 1,426 2,215 1,881 13, 821 30. 511 332 904 353 831 IET EXPPNDITURE BKWORE TPANSFEPS INote 21 127. 2551 11.4471 128,7021 {103. 310J 112, 381) {115. 6911 TRANSFERS BETtqEEN FUNDS NET MOVEMENT IN FtJHDS 127.2551 11.4471 128.7021 (103,3101 (12. 3811 (115, 691) FUNDS BROOGEtT FORWARD 259 9J3 262.074 363.243 377, 765 FUNDS CARRI&D FORWD £232 678 £694 £2 £2 141 £262 074 Note.. Thè statement or rinanclal attlvitiey ￿cludeS all gains and losses in the periool. All conE and &xpertditure derive from continu￿g activities. THE FAMILY TRUST Number 09453991 (En an land and Wales I BALANCE SHEET AS AT 31ST DECEMBER 2024 Note 31.12.24 31.12.23 FIX£D ASSETS Tangible Assets 3, 310 5,211 CURRENT ASSETS Debtors Cash at Bank and in Hand 8, 015 237, 676 7,869 262, 006 245, 691 269,875 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 15, 629 13,012 NET CURRENT S¥SSETS 230, 062 256,863 NET ASSETS £233 372 £262 074 CAPITAL AND RESERVES Unrestricted Funds: General Designated Restricted Funds 18, 678 214,000 694 38,526 221,407 2, 141 io TOTAL FUNDS li £233 372 £262 074 The trustees are satisfied that the company was entitled to exetnption from the requireThent to have an audit under section 477 of the Companies Act 2006 and confirm that no notice has been deposited requesting an audit under section 476 of the Companies Act 2006 in relation to the accounts for the financial period. The trustees acknowledge their responsibilities for corAplying with the requirernents of the CoJnpanies Act 2006 with respect to the accounting record5 and the preparation of accounts. The accounts, which have been prepared in accordance with the special provisions relating to companies subject to the smalL companies regime Part 15 of the Companies Act 2006, were approved by the board ne 2025 and signed on its behalf. on 5 A JH ines Trustee THE FAMILY TRUS roR TEE YEAR ENDED 31ST DECEt4BER 2024 Accou￿￿6 FOUCnS a) Account Easis l) Basis of preparation The accour)ts have been prepared in accordance with Accounting and Reporting by Charities: statel￿ent of Recotwr.ended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191 Icharities SORP IFRS 102) l. the Financial Reporting Standard applicable in the UK and Republic of Ireland IWRS 1021 and the CoLnpanies Act 2016. The Fai￿lY Trust meets the de-inition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notelsl ii) Preparation of the accounts on a going concern basis It is the trustees, view that there are no material uncertaintLes regarding the FallLily Trust, s ability to continue in business for the foreseeable future. Tb.is has included tak-.ng financial measures to deal with the effects of the Covld-19 pandemic on the business. Therefore, taking into account all available infornwtion there is no intention or need to liquidate or curtail materially the scale of its operations, and have prepared the accounts on that assumption. b) Fund Accoun Unrestricted fund5 are available for use at the discretion of the trustees in furtherance of the general object", ves of the charity. Des-gnated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted Funds are subjected to restrictions ory thelr expenditure irrLposed by the donor or through the terns of an appeal. c) Incoll Ll inc0￿e is included in the statemeit of financial activities when the charity is entLtled to the -r.come and the amount can be quantif led with reasonable accuracy. Income frorrk fees received for future events are recognised a8 income in the accounting period in which the event takes place. FAMILY TRUST NOTES TO THE ACCOIINIS (COnt￿llad) ACCOUWIING POLICIES Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepawnents are vaLued at the aroount prepaid net of any trade discounts due. ) Cash At Bank And In Hand Cash at bank and cash in hand includes cash and short term highly liquid investrnents with a short rnaturity of three months or less fram the date of acquisition or opening of the deposit or snnllar account. cr￿t0￿8 Creditors are recognised where the cb.arity has a present obligation resulting from a past event that will prcbably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estunated reliably. Creditors are normally re￿ognISed at their settlernent allLount after aLlowing for any trade discounts due. BE FANILY TRUST FOR TEE YKAR ENDED 31ST DECEblBER 2024 ACCOU2fEIKG POLICIES (Contknued) zatin Leases Rentals under operating leases where substantially all of the benefits and risks of ownership rernain with the lessor have been charged to the protit and loss account as incurred. i ) Contribuknons to ansion £uAds The charity makes available to all employees a defined contribution per.sion scherne operated by NEST. The pension costs charged to the Statement of Financial Activities represent the amount of the contributions payable to the scheme in respect of the accounting period. k) Cash Flov Statement The charity has taken advantage OE the exenwtion from preparing a cash flow statement in accordance with FRS 102 on the basis that it qualifies as a srllall entity. l) Taxatsan The charity is not liable to taxation oi the net revenue arising from its activities nor oi its investment income. Year Ended 31.12.24 Year Ended 31.12.23 Net Expenditure is stated after charging:_ Operating lease rentals: Property Equipment Independent Examiner. s Fees 3,320 2, 469 7,210 2,716 THE FAMILY TrUST io NryIES TO Accouwfs (Cc*ntsnuad} FOR YEAR ENDED 31ST DE(XMa￿ 2024 Year Ended 31.12.21 Year Ended 31.12.23 lages and Salaries Social Security Costs Pension Costs 206, 635 11,590 3,536 223, 244 10, 630 4,419 £221 761 £238 003 The average nUll￿er of staff eN￿lOyed during the period was 17 12023: 171 There were no employees with emoluments exceeding £60,000 per annum during either year. The key managernent personnel of the charity was the chief Kxecutive and now the Charity Nanager, enployee benefits for these positions totalled £33. 545 12023: £33. 1181 No remuneration or expenses were paid to trustees during either period. Fixtures, Flttings and E ui rnenÈ Cost At L3t January 2024 Bldditions Disposals 27,800 314 17081 t 31st Decerober 2024 £27, 406 De reciation At 1st January 2024 Charge for the perlod Disposals 22.589 2,215 17081 At 31st Decernber 2024 £24. 096 Net Book Value At 31st December 2024 At 31st Decernber 2023 FAMILY TRUST li NOTKS TO ACCOUNTS (COnt￿llad) roR THE YEAR ENDED 31ST DECEMBER 2024 31.12.24 31.12.23 DEBTORS Trade Debtors other Debtors Prepayments iio 2.403 5, 502 1,136 2,534 4,199 31.12.24 31.12.23 DVK WITHIN YEAR Trade Creditors other Taxes and Social Security other Creditors Accruals and Deferred Income Pension contributions 358 2,580 1, 920 9, 906 865 985 1, 920 9,544 563 £15 629 £13 012 Included in creditors above is deferred income relating to irtcome received in advance for events to be held in the following financial period as Eollows: At 1st January 2024 Released in the period Income in the period deferred 4,293 14.2931 6, 410 269 12691 4,293 As at 3L DecetYtr)er 2024, the charity had total future ￿nimu￿ lease payments under non-cancellable operating ewiprlent leases are as follows: 31.12.24 31.12.23 WLthin one year Between two and five years After more than five years 1,743 2, 037 1,743 3,779 THE FAlaLY TRUS 12 NOTES W THE ACCCXJNTS {C0ntUll￿d) FOR THK YEAR ENDED 31ST DECDIBER 2024 At 1.1.24 At enditure Transf ers 31. 12. 24 Income Ex General funds Designated funds 38. 526 305. 649 1325, 4971 221. 407 17.4071 18, 678 214, 000 £259 933 £305 649 £ 332 904 £232 678 At 1.1.23 At nditure Transfers 31. 12. 23 Income Ex General funds Designated funds 84,352 259, 963 1305, 789) 278,891 157 484) 38,526 221,407 £363 243 £259 963 £ 363 273 £259 933 Designated funds represent the proceeds set aside fron the sale of the investnent property in 2022 being used as directed by the trustees. THR FAt4ILY TRUST 13 NOSES TO ACCOUNTS (cOnt￿Ued> R YEAR ENDED 319I DECEIIBER 2024 io. At 1.1.24 Income Ex At Transfers 31.12.24 enditure Mentoring Money Matters IT EquipmeTLt Volunteering Kingsquads School Education St Mary's Island School 19 Chequer Tree Camp Of f Lce equipment 2.500 5, 640 2,5001 15, 6401 1.2021 121 4,5001 5, 6001 1191 1,2401 12241 1,409 207 4.500 5, 600 1,240 711 487 £2 141 £19 480 £120 927 694 At 1. 1. 23 1nco]lle Ex At Transfers 31. 12. 23 ndi ture Providing grants Mentoring CAP Money Kids IT Equipment Prayer Spaees Volunteering Kingsquads Assemblies st Mary's Island School Secondary schools Office equipment 13.821 (1.422) 5,922 (1.500) 1,500 2,718 344 176 (13.821J (4,500) (1.309) (2.344) 1174) (5, OOOJ (500J (1. 605) (500) (758) 1,409 2,000 5,000 500 1,624 500 1.084 19 385 711 £14 522 £18 130 £ 130 511 Restricted funds consist of funds given by a donor to be spent on specific projects or particular geographical areas of our ministfyl or providing grants to external bodies or individual to support mission work. TBE FAMILY TrUST 14 NOTES TO THE Accouwfs (COntznu￿) li. ANhLfsis OF NET ASSVES BVIWEEN FUNDS Net Cur-ent Assets Fixed Assets 31.12.24 Restricted funds Unrestticted funds: General funds Designated Eunds 694 694 2,616 16, 062 214,000 18,678 214,000 £230 962 £233 372 et Current Assets Fixed Assets 31.12.23 Restricted funds Unrestricted funds." General funds Designated fw]ds 2.120 21 14,522 3,091 35.435 221,407 38,526 221,407 £256 863 £262 074 Restricted funds consist of funds given by a donor to be spent on specific projects or particular geographical areas of our ministryi or providing grants to external bodles or individual to support ll1133ion work. During the year, the charity received donations given Wlthout conditions f rom related parties totallitkg £214, 712 12023: £196, 4981 14. COMPANY STATUS The cowany 13 a private company Illr￿ted by guarantee and does not have share capital. The liability of the members is limited to £10 each. 15 PEEfBUVL' EXAI4XNLR' S IIEPORf. m TEE TRETSSEES CF P￿L¥ FOR fL'll¢ w.. 31 ST DE(SQFR. 202£ I report to the charity trustees on my examination of the accounts of the conpany for the year ended 31 Decen￿er 2024, which are set out on pages 5 to 14. RESPONSIBILITIES AND BASIS OF REPORT As the charity's trustees of the company land also its director5 for the purposes 0£ cottpany lawl YOL, are responsible for the preparaLion of the accounts in accordance with the requirements of the Collwanies Act 2006 I'the 2006 Act, I Raving 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 exatfLination of your charity's account5 as carried out under section 145 of the Charities Act 2011 (the 12011 Act, l. In carrying out my examination I have followed the Directions given by the Charity Comrnission under section 145151 Ibl of the 2011 Act. LNDEPENDENT EXAMINER, S REPORT Since the company's gross income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirrn that l am qualified to undertake -he examination because I am a memtier of the Association OE International Accountan-s, wb.ich is one of t4e Listed bodies. cont. fllB_ ￿TIl[55% LY TRUST IContxrAuad) TEfiR RttTJED 31ST DECSI*BER 202 INDEPENDENT EXAMINER, S REPORT ICONTINUEDI I have completed my examina-. confirm that no matters have come to my attention in connectLOn Wlth the examination giving me cause to believe: ILI accounting records were not kept in respect of the company as required by section 386 of the 2006 Act.. or 121 the accounts do not accord with those accounting records," or 131 the accounts do not cornply with the accour.ting requirerrLents of section 396 of the 2006 Act other tnan any requirement that the accounts give 'true and fair. view which Is not a matter considered as part of an independent exaw.ination' or the accounts have not been prepared in accordance wlth +he Trethods and principles of the Statement of Reconrnended practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Finap_cial Reporting standard applicable in the UK and Republic of Ireland IFRS 10211 141 I have no concerns and have come across no other Thatters in connection with the examination to which attention should be crawn in this rÈbort in order to enable a proper understanding of the accounts to be reached. Paul Baker FAIA Applied Accountancy Limited 50a Clifford Way Maidstone Kent ME16 8GD Dated: 2025 Applw Accountsne4Ltd 5UIUlffsTdYIwi