Company registration number: 05648977 Charity registration number.. 1162856 Upbeat Communities (A company limiied by guarantee) Annual Report and Consolidated Financial Ststements for the Year Ended 31 March 2024 *AC+IVPV14• 1311W2024 COMPANIES HOUSE 111 Thompson Jenner LLP Chartered Accountants I Colleton Crescent Exeter Devon EX2 4DG Upbeat Communities Contents Reference and Administrative Details Chairf5 Report 2to3 Trustees. Report 4tolJ stsremeni of Trusfees, Responsibilities 14 Independent Audiior5' Report 15 to 18 Con501idated Sthtement of Financial Activities 19to20 Consolidated Balance Sheet 21 Balan¢¢ Sheet 22 Consolidaied Statement of Cash Flows 23 Statement of Cath Flows 24 Notes to the Financial Siat¢m¢nts 25to48 Upbeat Communities Referenee and AdAninistrative Details Trustee$ Timothy Ringer Helen McEvansoneya Bernard Kalenga Lxsley So David Priestley Senior Managernent l Leadership Andrew Jackson, Chief Executive Team Charity Registratiort Number 1162856 Company Regi$tration Number 05648977 The charity is Incorpo￿ed in England and Wales. Bridge House Riverside Court Pride Park Derby DE24 8HY Registered Office Principal Office Trinity Baptist ChuTch Green Lane Derby DEI IRZ Auditor Thompson Jenner LLP Chartered A￿Ountants I Colleton C￿SCent Exeier Devon EX2 4DG Page I Upbeat Communities Chair's Report for the Year Ended 31 March 2024 The backdrop against which Upbeat ComrnunitÈes ol￿ated durin8 2023124 has again included heighten¢d tension5 and waTS ¥aging on the edge of Europe (since 24th February. 2022) and in the Middle East {since 7th October 2023). This instability dominate5 the global news on a daily basis. and. in tum leads directly to increased demalld for the services that Upbeat Communities provide in ihe East Midl8nd5. There is currently no end in sioht io these conflicts. in spite of increasing political pressure on the participants. Refugees and &sylurn seekers have continued to utilise existing channels to flee iheir home environrnents. Upbeat have harboured concerns about the previous UK Government's Rwanda policy. and its effect on the cornmunities we sUPPOrt. Subsequently we've been delighted that ihe incoming Governmeni have 5¢rapped this FN)licy. It is our genuine hope that the whole asylurn system will be Teviewed on a signiflcantly better humaniiaiian r￿lIng. Upbeat continue to play an increasing influ¢nting role throughout ihe city of Derby and beyond. This has been focused through roles and relationships with the New Arrivals Alliance. Refugee week a¢tivities and pushing for Derby City Council io achieve Local Authority of Sanctuary status. 2023r24 wa5 t year of Strate￿ development and growth for UpbeaL building on ihe strong foundations laid in the post Covid recovery period. The professionalism and commitrnent at 811 l¢vels of the organisati(>n never ceases to inspire me. My continued thanks go to all Upbeat stsff. volunteer5, including Trustees, who Continue to shape Upbeat as outstanding in the region. Upbear's heart remains to build positive thriving communities, where refugees can contribute and make the most of opportunities. All stsff and volunteets play an integral pan in everything Upbeat achieves and the plaudits that are attracted as a resuli. The recent focus on highlighting individual partiGipants fredback on how their lives have been positively impacted by UpbeaL has added real clarity and meaning to the alieady signif5cant ouicomes of the work_ We've b¢en working hard this year to stretch the Upbeat Communifies strategic plan iowards a 10 to 15 y¢ar horizon. &$ financial stability has improved throughout ihis period. The dialogue has involved Trustees, Senior Leadership and stakeholders who come into contact with UpbeaL The outcomes of this initiative are exFrtted to be agreed in the coming financial year. A salary benchmarking exercise WLS cattied out during the year. comparing similar role5 in charities with a similar strucwrel location to Upbeat. This resulted in an uplift in salaries ro ensure that Upbeat are abl¢ to recruit and retain critically importani staff. This demonstrates Upbeat's cornrnitrnent to ensure that all staff continue to be Considered as the eharity's most valuable asset. Overall. the stsff t¢8rn has grown this year, with a headcount of 46 at year end. Stsff menial health & wellbeing continue5 to receive the important fo¢￿% it merits. The thTUSt of effort and service delivery over the past 12 months has continued at Upbeat's hub in Derby, Trinity Bapiist Church. The available spaces are continuously adapt¢d to meet the growing needs of the charity. The number of participants attending Upbeat'5 Integrdtion Hub rose by a staggering 45% in 2023124 . Specifit projects which have been delivered throughout this year include Welcome Boxes, ESOL (including for Hong Kong arrivals), Thriving Places. Upbeat Women, Hostin& provision of lunches, resettleTnent schemes across Deibyshiie & Lincolnshire and support for The Homes for Ukraine scheme. We are currently considering wherher Upbeat's future lie5 at Trinity, or whether even better outcomes could be achieved in a different COTnmunity venue in the city. Page 2 Upbeat Communities Chair's Report (or the Year Ended 31 March 2024 (t has beert encouraging to see Upbe•¢'s firt•ii¢ial rtvenue incrtase in line the in¢re&se in demand for its senY¢es. The FY 2023124 iealised gmup income of £ 1,108,275, (+7Y• on 2022123). Expertdl￿re for the year was £ 1.011,291 {-3/0 on 2022123). producing a nei 5urplu5 of £ 96.984. In the contrxt of challenging post Covid conditions for charities in ra15ing fvnds. UPb￿l'S arhi¢vements reprts¢nt a very su¢¢e55ful out¢otne. The ttsral funds carried forward as at 31 st MaTch 2024 were £292.128. As the charity has growm and 18ken on additional staff. the need to htsld higher lev¢ls of Teserves has also become moi¢ imw)rtartL UttTestricted TesetV¢S stood at 3.7 months, worth of cosis. within the tsT8et rdn8e of 3 10 4 month5. Ji is OUT plan 10 develop ihe reserves policy 10 provid¢ increased robustness in the future and io include a c105UTel wind-down scenario. in line whih CC besi practice. Ai the titue of wriliDg. w¢ in th¢ rnidst of our firsi iDdeperJdeni 2udi4 as tb¢ ¢ombiTJed re￿ll￿¢ for Upbeat & UEL exceeded £IM. No significant qlleriesl fJndin8s have been raised to date. The workin8 relationship Beehiv¢ Accountants. who provide our day-to4lay fu)ancial srrvicc5. coDliDucs to d¢liver OD its pT0￿￿s￿. Signifjcant grtswth h&5 tsken place in our n￿$[ rectni trading sllbsidiary. Upbeat Clean. tontinuing to bc lcd by Michael Gladwell. which hds excellcncc. aDd th¢ focu5 on employrnent of rcfugees at ir5 heart. Ir has been a real Joy 10 see the nllmbe￿ of reftjgees provided with work by Upbeat Cleart increase to 28 during 2023124. The wage5 paid to UEL'S cleaners has, rypically, betn lile-etlbartcing for thest rebJ8ees. UEL income for 2023124 w&$ £ 242,627. Upbc8t Continue5 to invcsr in the growth of thi5 dynamic social enterprise. In governance icrrn5. we are c105e athtirtg a new Dir¢¢tor to the board of UEL. Tbe cuttenr Upbeat CEO. Andrew Jackson advised thar he will b¢ strpping down from his role. Attthew has been involved with Upbeat foi more than 17 y¢ats and has been ￿0 sintt 2017. He feels thar now is the righi time to hattd over th¢ [¢ts￿, and for a new CEO io tske Upbeat fonvard io LLS next cbapter. As part of Andrews, alwayE "putting Upbea¢ first-, he will be involved In the remxitment of and ¢mb¢dding in of the nEW CEO. T￿￿trES have detemiined a limelitie wocess lo work throu￿ the rask of finding the rigbi person to tske ots tkn"s CTlti¢al leadership rolc. concluding in Sprinty Surnm¢r 2025. During the year our Head of Supp)rt¢T Engagement, Vicki, also moved OD IQ DCW opportLJnilies. We conlinbe 10 ei)JJ$idtr the b￿a]ICe of replacujg bei Tole dJt¢Etly, wjth engag¢￿¢11( or cxternal fundraising consullants. whose assisrance we aTe currently urilising. The prionty to idcnrify and recruit new Trustees h&8 COtLtiDued, with new appointments sebeduled tO￿￿S the end of 2024. knsh ParJJJar 5t¢pp¢d down as borh a Trustce and a Director of UEL thjring ihe year. There have been Tnany significant public achievements thig yrar. d￿redItation for Upbeai Cornmunitie5" a S StsT hygiene awdrd for th¢ Intr8Yaiion Hub, aod ¢yb¥ ¢ssentials plus ac¢r¢ditatio￿ to oame bui a few. Finally. a review of Upbeai's Christi8n ethos took placc. which resulted in some mit)or changes io its Articlts,. 5eDtsally rontinuiug lo ￿nbed ow Cbristiau ethos info the through both thc CEO rolc and via tbe Charity's Injsttts. Upbeat continues to ptovide vitsl supwjrt for participants of all (or nol faiths. The chairfs rewjn was approved by the truthe5 of the charity on.. and sigtt￿ on irs behalf by.. David Pne5tl¢y Tnjstee Pa8¢ 3 Upbeat Communities Trustees, Report The trustees. who are directors for the purposes of company law. present the annual report together with the financial statements and auditors. report of the charitsble Company for th¢ year ¢nd¢d 31 March 2024. Trustees and orricers The tnjstees and otTicus serving during the year and sin￿ th¢ year ¢nd were 8$ follows.. Trustees.. Timothy Ringer Helen McEvansoneya Bernard Kalengd Lesley So David Pri¢5tlty Kishore Parniar (resi8ned 18 September 2023) Senior Management l L£adership Tean.. Andrew Jackson OUR PURPOSES AND A￿[VITIEs The objects of the charity are:_ To relieve the charitable needs of rnigrant& refugees and asylum seekers in particul*r those coming to the United Kingdom, by provision of advice. support and assistance organÉsing educational prograrnmes and sueh other activities 45 the trustees deern fit as a means of:4) Advancints their education and training'b) Relieving them from financial hardship and unemploymeni- and c) Advancing them in life and assisting them with the adaption within a new community. To promote racial haTrnony for the public benefit by:•a) Promoiing actLVlties to foster understanding ￿￿e¢n people from diverse backgrounds. and b) Advancing education and raising awareness about different racial groups,. including the issues faced by migrants, refugees and asylum secker5 to prornote good relations between persons of different racial group5. Upbeat CommunitTres has been providing support to asylum Seekers and refugees arriving in the East Midlands since 2005. providing a holistic Tange 015¢rVi￿ and aclivitie5 to help those having experienced war, persecution and trauma, rebuild their lives in the UK. The environmeni we operate in continues to bring chall¢nges. UNHCR figures for 2024 5ugge5t there are 117 million forcibly displaced people globally, equating to more than l in every 69 people on Earth. Whilst these figures are hard to comprehend, Filippo Grandi, the UN High Commissioner for Reffijgees highlights thar 'Bekind ihest stark andrising numbers lie countla¥s human Iragedies,. We have also seen sbgnificant challenges wiihin the UK refugee sector - the previous Govenmient attempted to introduce new measures that would restrict the rights of individuals to claim asylum in the UK (at odds with the UN Refvgee Convention) and looked to 'offshore' people to Rwand& Thankfijlly these measu¥es we not put in place and the new governm¢nt has chosen to drop the majority of them. Figures foi asylum appli¢alions in the UK in 2023n4 show 73.732 applicatÈons, cornparable with numbeTS for the previous year. Page 4 Upbeat Communities Trnslees, Report Upbeat Communities continues to work in Derby. Derbyshire and Lincolnshire providing a rdnge of projects and activities that meei the needs of those newly arrived as asylum seekers, as well a5 those who have been granted re￿gee status in the UK. The Trustees confim) that they have had due regard io the guidance issued by the Charity Commission on public benefit when revbewing Upbeat Communiti¢s objectives and in planning future activities. Mission Vision values Upbeat Communities continues to be guided by its Christian ethos, outworked throutsJ our vision, TlliSSiOll and values. We are a faith-based charity. but not faith-biased, and we work with participants from all religions and those with no expressed faith. We also have a staff and volunteer team thai includes those of different faiths. Our VÉsion opportunities. to See thriving, rA)Sitive communities. where every ￿fvgee can contribute and make the most of Our MtSSi(bn- to empower refuoees to thrive as ihey rebuild their lives OUT Values I. W¢ Work io WELCOME 2. We create COMMUNITY 3. We are inspired to act wth INTEGRITY 4. We exisi to EMPOWER 5. We are ¢omrnitted to CREATIVITY 6. We Tun on RELATIONSHIPS 7. We are proud to be PROFESSJONAL 8. We have COMPASSION at our core Strategy and Activitifs We continue to work towards our 3-year Strdtegy (2022-2025) with the following strategic objectives.. l. Expand our range of services to effectively meet the div¢￿e needs of asylum seekers and refugees. enabling ther[] to thrive (helping them to build ￿rnm￿nIty, d¢v¢lop their skills. improve their wellbeing. and create opportunities for empowernient) We will do this by.. l. l Besng increasing intluenced and led by people accessing our project provision and those with lived exFtri¢nce of the UK imrnigraiion system 1.2 Identifying barriers w, and oppomnities for. inte￿allOn for those granted refugee siabjs and areas where there i$ lack of support withiTt the Fast Midlands reg]on Page 5 Upbeat Communiti&s Trnstees, Report 1.3 Creating a space in Derby where those seeking 58n¢tu8ry in the ¢ity can fmd belonging and can become activ¢ members of the community Actions earritd out itt 2023-24 1.1 We continue to invest in ensuring lived expeTience is ernbedded in our organi5ation through our working group* now led by staff members with lived experienrx of asylum and immigration 1.2 We have developed a number of new seryic¢5 ba5¢d on identified [￿ed5 of both those seeking asylum as well as those recently granted refvgee ststus. This includes a satellite hlab in Long Eaion. where asylum seekers have b¢en housed in hotels in the town. move on sUPPOrt to those in Derby who have been granwl refvgee sfatU5' and testing out a re￿gee lodgings projeci offering longer iemi accommodation for new refugees with live-in landlords 1.3 We carryied out 2n in-depth building needs analysi& aThi began"sCa￿hlng for a new pr¢rnises, due to the of our team and the services we offer 2. Be recogni5ed xs excellent place to work and volun¢ttr. through 8 well-defined culture, ethos and values (supported by high quality leadership and management proce55e5, and clear communication) We will do this by.. 2.1 Clearly defining our culture. ethos and values in order 10 infomi our recruifment and operating practices. ensuring we recruit and maintsin a diverse and inclusive siaff and volunteer team. which is aligned to the vision and mission of the charity 2.2 improving our int¢rnal and extrmal communtcations. our leadership and management practirxs and our operating systems #nd processes to ensure our srraiegic vision and mission 15 Tealised 2.3 Bein(r recognised locally, regionally and nationally a5 an ex￿lIent plarx to work and for th¢ impact of the work we carry out Actions carried out IR 2023-24 2.1 We completed research and wrote a report outlining the current position of the charity in relation to Lis ethos, culiure and values. and future options. Trnsttts agreed on the future direction of the chaiity, ensuring it5 Christian roots and ethos were preserved, whilst endeavouring ￿ be open th all and embracing diversity. 2.2 We continue io invest in our leadership developmEnt, identifying ways we can upskill and train current leaders and develop routes to leadership for other stsff memtr* 2.3 We continue to research and apply for relevant award4 r¢cognising the great work the charity is carrying out and the impaa being made 3. Increase our fiTrancÈal su$tainability, enabling the organisation to strengthen and grow its irnpact We will do this by.. 3.1 Increasing our incorne from grant funding to ￿SUre fijnding is in place for curreni projects as well a5 having the resources to develop new projecL8 3.2 Identifying new contract opportunities within the region Page 6 Upbeat Communities Trnstees, Report 3.3 Growing our unrestricted inwrne from a range of sources including individual donors. churches and COTpor)te partners 3.4. Developintt our social enterpri%s to ensure both suminability and increased income Actions c&fTied oul in 2023-24 3.1 We continu¢ io work wilh a grant fundraising consultani io increase our grant fvndraising income 3.2 We have worked with a consultant to prepaTe us for accreditation with City & Guilds, allowing us to provide a range of accredited language and training courses, and position us lo be able to secure contracts in relation to accredited work 3.3 We have invested in a development progr8mme with a wn5ultsni to help us increas¢ our engagement with potential donors 3.4 Upbeai Clean continues to develop, with new clients secured on a reoular basis and increased monthly turnover. Derby Language SchcK)I continues to maintain good income levels throuoh contracts with local authorities Our Work Our charitable activities can be categorised into four areas of provision - welcome. integraiion. empowernient, and awarenesslinfluencing. Wel "Upbeat Communitie5 is a pl#te of hope and supporL They welcome Tne Ivith # smile and a helping hand. It's a place where l eaD make a netWOTK connect with the Community, And overcome the culture shock" Upbeat Communities Participani Welcoming people is central to wh* we do a5 a charity- We see it a5 the first ￿ep toward helping asylum 5eek¢rs on theTr path io independence and integration. One way we do this is through the Welcome Boxes project, where trained volunteer5 Vj5Trt newly arrived individuals and families, referred to us by various organisations across Derby. "They deliver a box .filled with useful hiems and offer some friendly support io help people connect with local services and the community. While this work h85 continued. we've also been focusing on PToviding welcome packs at our Integration Hub. a5 many panicipants hav¢ b¢en housed in hotels and h05tels where we don't have a¢cess to deliver the boxes in ￿r$on. "I met Don from UpbeaL he is a volunteerand a wonderful guy. Me aDd My wife met with him and after that period my life attually changed because he helped me a lot to integrnte itt this country* to integrate in tbis cultur& be¢*usfy you know, it is completely different from our own culture." Welcome Box Recipient Page 7 Upbeat Communities Trustees, Report Inte ration Our Integrniion Hub is part of our c()re offer for &%ylum seekers and refugees in Derby. We offtr a place of safrty and eornmunity for those newly arrived in the city, where individuals and famslie5 can be supponed on their integration journey. WE offer English classes. hoi meals. access io the interneL social activities. peer support groups and cultural orientation sessions. We also piloied a Satellite Hub in Long Eaton foT individua15 being housed in hotels in the town. We are now into year 2 of our ThrivRng Pla£e5 projecL funded by the National Lottery. This project airn5 to 5UPPOrt Ihe integTation of asylum seekers and refugees through the provision of on¢-io-on¢ support and th¢ d¢v¢lopment of individual support plans based on each person'5 self-identified goals. 44When I arrived at Upbeat I attended the English cl￿5 1500n realized that Upbeat was more than just 2 language class. It was literalty a community. A WODderful place which gave everyone who came ID th8t feeling that you are not alone* you have friends who care about you, wonderful friends you can count on them for any help. Where you are respected without any discrimination. Integration Hub Participant Due to capacity and demand we have run fewer Upbeat Kids activilies thi5 year. however we secured some funding to pilot some youth work provision (Upbeat Youth) with teenager5 who are part of some of the families we are working with. along with unaccornpanied asylum-seeking children (UASC). 'My f2vourite thing about Upbeat is just ih74t you just are giving.. YOU are Eiving people and not expecting anything baclL That anyone that comes asking for helpy they receive it, they receive more. they receive friendship? they receive home and they are just givi￿g.. they are giving love, they are giving hope. Upbeat is giving lisl just Ithel reason why you want to be properly part of Derby.- Upbeat Communities Participanr werment We saw an incre&%e irt reftrrals (o Host Derby? our local hosting scheme. Most of these referrals were for newly granted refugees who, due to a lack of social housing and barriers io the private rental markel ended up street homeless. We were able to recruit more hosts during the year to try and meet the referrdl demand. Our support for Ihe government's Homes for Ukraine Schetne continued both in Lincolnshire, where we began to work directly with Lincolnshire County Coun¢il {rdther than through Lincolnshire Voluntary Engagement Team as in the previous yeaT} providing advice and coordination of the voluntrry sector reswnse across the county,. and also in Derbyshire where we saw the number of referrals for remaiching support (where new placements were sought foT Ukrainians whose original placements had ended or had broken down) significantly increase. "Thanks to the help of Upbe#t Communities, I quickjy found a Dew family to take me in. We were on the phone every week l am very pleased with the whole process, from the beginnillg of the first letter to moving to a new family. Everything was clear, I was helped and supported, all my questions were answetTd- Hornes for Ukraine Guest We continued to support the re5¢tt1¢rn¢nt of farnili¢s through the governm¢nl'5 Afghan Relocations and Assistance Policy (ARAP) and Afghan Citizens Resettlement Scheme (ACRS) in both Derbyshire and Lincolnshire. Page 8 Upbeat Communities Trustees, Report "You helped us to survive in tbis areg. gnd we wish every Afghan family in other places to receive 2 similar level of support that Upbeat provided to us- ke5ettlement Family Our original so¢ial enterprise, Derby Language School? providing language learning to both private students and through contracts with bu5inesse5 and local authorities, continued to see gr0￿h, primarily through ongoing Contracts with local authorities to deliver ESOL courses for those arriving through the resettlemeni schemes a5 well as fgr Hong Kongers newly arrived in Detby. Upbeat Clean, our second social enterprise. providing employment to refi]gees and survivors of modern day .EIAve.ry, Ilg(i %xw sipnifirani Em￿, with inc.re*8pd tLJrn()ver. a grnwine clie.nt list and more individuals who rnay havc ptruggled to enter thc labour. markct offercd ompro)￿OnL "Working for Upbeat Clean hgs allowed me to grow in my experience and has opened A great opportunity to become independent while I caD.keep a balance of my time with my children." - Upbeat Clean Stsff Member Awarenessl Influenei Furthor opportunitic= to dclivor rvions oontinued ihrouJ the )ieJr: ttnd ive iitre able to ivork ivith schools, universities, churche5 and community groups to rdise awareness about our work and the needs of those seeking asylwn. Our Chief Executive. Andrew. remains thair of the Derby City of Sanctuary Network. The objective of the network is to create as a platEorm for toTr￿UnICat70ll bett¥een all organisaiions, charities. education providers and businesse5 working io create a cltmate of welcome for refugees and asylum seekern in Derby and the surrounding area. The meetings encourage the sharing of inforn)ation about local. regional and nalional ￿mpaIgn5. iSSU¢5 and initiatives. and create partnership working opportunilies for network members through its S￿￿groUps. The meeting reports into the llational City of Sancttjary movement via City of Sanctuary's regional coordinator. This year meetings were carried out &% a mix of face io face and online. A sigllificant piece of work carried oui by our Chief Executive has tKen the esthblishment of the New Arrivals Alliance (NAA), set up to support all stakeholders in Derby to work together io provide early acces5 to support for asylum seekeTS and resettled refitgees to assjst their orientarion and iniegration. Much of the groundwork for this alliance was undertaken by Andrew and colleagu¢s from The British Red Cr055 and Derby Food for Thought Alliance. The Alliance has now ¢om¢ under th¢ umbr¢ll# of Community Action Derby and a NAA Manager has been appoint¢d. hiev Welcorne Boxes Thi5 year we Provided 51 Welcome Box visits to families and individuals newly arrived in Derby. In addition, we provided 358 welcome packs to asylurn seekers living in hotels OT hostel ac¢oTnmodation. Integration Hub - We supported 902 individuals through ovr Integration Hub. from 58 diffeient nations, compared to 623 the previous year- an increase of 45Y•. Page 9 Upbeat Communities Tru$te¢s' Report "Back home I had a very busy lif4 I hgd ehildreD to look after. I had work to go to, I bate idleness. So Upbeat was like a way of bringing b2ek all those activiti&s I missed and all the thing$ that were putting me into depression. So joining Upbeat w&$ like she ha5 # job to go to, she has places to go to, she has people to meet." Upbeat Communities Participant (and Volunteer) One to One Support through our Thriving plac￿ project we have been able to support 268 individuals with individual suppon needs.. carrying out need5 asse5sm¢nts, assisting individuals with creating individual support plans and vndertakiTrg follow up a5se55rnents. Support need5 have included health appointments and registrations (GPS, dent151s. hospitsls, opticians), fonn fillin& reftrrals to partner organisations. and finding or communicaiing with a s01i¢itor. English Classes- During the year we ran a total of 569 English cl&8ses, providing a.totsl of 594 hours of learning for 686 individuals. Our English classe5 included a range of levels from pre-enty to pre-iniemiediate. All classes w¢r¢ tsught by qualified ESOL teacher5, with support from volunteers. For many of our learners. we are the only place they can aceess English leaming due to waiting lists and restrictions by the Home Office. "Upbeat organises many events 2nd activities for ￿YluM seekera and this is # Ivonderful thing to keep us connected and active. If I stayed #t the hostel most of the time I would be depressed because I'm not connected with people* I don't bave any activitie5 to do. So it was the fitst thing for me to activities #Dd the event and the English lessons. It was amazing." Integration Hub Participant Upbeat Women - A total of 197 women engaged wilh our wttkly peer support sessions engaging in a range of activities including arts, mw%ic, cookery. therapeutic sessions. and market place events where external providers promoted their services. "Tbank you for 211 the effort you make to help us relief some of the stress we live during tbe process and life in gelleral. I¢ was grea4 so much fun and relaxing at the same time it brought more positivity to our lives" Upbeat Women Participant ijpbtat Kidsl Upbeat Youth - we redu¢ed our Upbeat Kid5 provision during the yw, meaning we only had 70 attendees across the 12 month period. However, we w¢re able to pilot our youth provision frotn January 2024, engaging with over 40 young people (I l years and older) within the flrsi few months of delivery. Hosting-Hosi Derby provided 5UPPOrt to 29 individua15. securing 1114 nights of accoTtunodation,' and through our rematchino work with Homes foT Ukrain¢, we f¥ilitsted 37 placements, supporting 61 individuals with 7182 nights of accomm(xlation. "Upbeat staff were very supportive understOLMI how #ervous we were. Preparing the Welcome letter and GuidaDce Sheet helped us to think through issves and potential challenges. The Introductory Meeting was realty good professionally run, supportive and clear about expectatioDS for all involved in tbe hosting. Our tbanks for everyone's support. L(￿kIng forw2rd to hostlng another guest soon" - Hosr Derby Voluni¢¢r Resettlement Scheme$ - During the year we resettled 6 new familie5 and supported a total of 27 families across Derbyshire and Lincolnshire through the various resettlement schemes (UKRS. ARAP and ACRS). Page 10 Upbeat Communities Trustees, Report "Thank you so much for everything you have done for us. You b#ve done so much. too mu¢b, to make us ¢omfort2ble 2nd happy in lour new town.1" - Resettletnent Farnily Derby L2ngu2ge S¢hool- our original social enterprise continues to grow. with revenue increasing during the year by £44K compared to the previous year. We delivered an average of 461 hours of leaching and interpretillg each month totalling over 5500 hours of provision across the whole year. 620/• of the provision was corporate classes (businesses. schools or local authorities). 37Yo was privat¢ clas5¢s (individual fee-paying students). Upbeat Clean - the business saw significani gro￿ in ierm5 of hours of cleaning per month. We startEd the year providing 634 hours of cleaning per month for 23 cornrn¢rcial ¢u5tomers, and grew to 1836 hours for 35 customers by March 2024. This led to us incre&5ing the numi*r of cleaners we employ from 14 ro 33 over ihe 12 months. Derby City of Sanctu*ry- UptKai Comrnunities continues to manage the finances of the Derby City of Sanctuary NeNork and Andrew Jack50n our Chief Executive chairs the network meetings. A significant step in the Work of the Derby City of Sanctuary NeNork has been ro engage with Derby City Council's cabinet members retsarding the council becoming a Local Authority of Sanctuary. This is Something we have been campai￿7￿g for since 2014. and during the year we had positive conversation5 with elected officials regarding this becoming a reality. Case Study- Jorge & Karla Jorge, his wife Karla. and their 3 children arriv¢d in the UK on 22nd December 2020 and claimed asylum, having fled their home ¢ountry in Centrdl America due to gang violente. They were provided accommodation in Derby, and within two day5 of being in the city they were visited by an Upbeai (eam member bringing Chrismas pres¢nts for their Children. They were then introduced to Upbeat's English cl&%ses and WOTnen's group (both running online ai the time due io the pandemic}. Once restrictions were over, they were able to join actlvilies face io face. and became regulars at our Integration Hub. We supported them in getting their children into school. and the children also attended our Upbeat Kids provision. During iheir wali for asylum Jorge and Karla continued to attend various sessions including English classes, social activities. trips, Upbeat Women, and one io one advice and guidance sessions io help them integr￿e and prepare for the moment they received their refugee siaDJs. They were granted refugee st￿$ in 2023. a joyfvl momeni for them and the Upbeat team. and continued to re¢¢ive our support, including help with registering for UTtiversal credit, housin& and bank accounts, as well u preparation to find work. Jorge had a background in agriculturel horticulture, and we were able to comiect him io a paTtner organisation. a landscaping and ground5 Tnaintenance social enterprise. which has piovided him with wotk. Karla a150 stsrted a job with Upbeat Clean, our award-winning commercial cleaning social enierprise. Karla told us: "I think ultimately Upbeat has been a Tefijge for me. IVS been in place of harn)ony and love. Thelve helped us take our first steps and figuring out what life in tkrby is lik¢" Jorge agreed.. "Like Karla said, Upbeat is home, but it is also support. They've supported us 8 lot and continue to do 50. They're a place where they help you find your feet" D￿clIbl￿g their current sibjation. Karla explained.. 'We feel very confidenl we feel e5tablish¢d. Upbeat hL helped us. we arojourncying but now, wc feel far mre indtpendcnt as well" Page 11 Upbeat Communities Trnste￿, Report R¢5erve5 policy For Upbeat Communilies Trustee5, consideration of the level of reserves that the charity needs to hold. and how to"" acquire them, ss an important part of planning and of sound financial management. These levels need to be appTopriate to the chariry at all stages in its existen¢¢. Finding a balance between reserye levels that are too high (thus tying up money that should be Spent on charitable a￿1vItieS) or too low (risking the future of the charity's existence) is uppertll05t in our minds. There is an ongoing Trustee dialogue io achieve sufficient reserves io give the charity robustness in difficult times, Whil￿ also offering fviure investment potential to allow growth. Since 2017, the Upbeat Reserves Policy has been reviewed and utdated annually by Upbe3r Tn]stees. Typically, the target level of reserves has been based around a reasonable 4 month5, Worth of costs (allowing 5ervic¢s ro be maintained in the event of funding blockages). This ha5 been achieved whilst the ¢harity ha% grown to circa £IM turnover in 2023124. i.e. a5 the cost5 associated with the charity have grown. The numbeTS as at 3 1st March 2024 were,. free reserves of £275,171, representing 3.7 rnonth5 of expecied costs. Upbeat reserves are achieved from residual income from small number of funding 50ur¢es. togerher with interest earned on cash held in the bank. The sources of unrestricted funding currently include, but aren't lirnited to.. Resettlemeni Projects, DLS. Upbeat Cl¢an, Lndividual giving and annual fundraising activities. Upbeat Trustees uphold fully their legal duties in respect of charity reserves. i.e. those assets in the unresthcted fimd, whhch the Charity tnistees have, or can make available. to apply for all or any of its purw)ses, once they have provided for the Gomrnitmontr of the charity and It'"￿ Oth¢r" planncd cxpcndiiure. following the CC guidance. we. as Tru5tee& wntinu¢ to review this poli¢y ¢ar¢fvlly. considering the Charity'5 financial sianding in respect of reserves. Upbeat co￿￿w]ities curreni approach to reserves is: • Maint¢nance of 4 (rninimum) to 6 (preferred) months of operating costs. to provide stsbility to service delivery in the ¢v¢nt of issues affecting the maintenance or securing of funding . Continuing to support the development of UEL through its initial ￿0**th and con501idaiion phase Balancing the riskl rewardl liquidity factors when considering where io invest Teseryes Consideration of an appropriate sum, which could be used im ihe circumstances of winding up the charity. meeting the charity's outstanding financial commitments. Ai the lime of writiTr& we hav¢ idefitified a 6 month period to ¢ornpleie a phased 5huidowTJ fjjlly. meeting its financial obligations. Conlinuous consideration of building an appropriate sum to be invested in a¢quiring upl￿,5 own premises if the right limel opportunity is presenred. We have defined reserv¢5 to be -free reserves" i.e. unrestricred funds excluding fixed assets and defin¢d benefit pensions. These fr¢e r¢serve5 includ¢ short-ierni investh)ent b#lxn¢es, ¢&th and other working wlital balances. The reserves will continue to be built frorn th¢5e Sources. Th¢ DirectOTS believe ihat the reserves policy and th¢ financial performance against the agreed targets should continue to be reviewed every 12 months as a minimum. with any required amendrnents made to the policy at each annual review. Page 12 Upbeat Cornmunitie5 Trustees. Report Disclosure thf Informatlon to audltor Each trustee has taken steps that they ougbi io have raken a5 a mistee in order to themselves aware of arty relevant audil infomiation and (o cs(ablish that the charity's iudiror is aware of thai Inforniation. The [￿sleeS confirtn that tbere 15 no Trleyoiji Infom￿110tt thai they know of aod of wkn.ch thcy know the audilor i5 uIiiwore. The annual TEPOrt Wds opprov¢d by the tslL5*es of the charity on .. signed on its behalf by". David Pritstley Trustee Pag¢ 13 Upbeat Communities Statement of Trustees. Responsibilitie$ The trusrees (who are also the dir¢¢tors of Upbeai Communities for the purposes of company law} are responsible for pr¢parirtg th¢ tnjstees. report and the financial Sialem￿ts in accordance wirh applicable law and United Kingdom Accounting Standards (Uni*d Kingdom GerJ¢rnlly Ac¢ept¢d A¢¢owiting Pra¢tic¢J. in¢luding FRS 102 'The Financial Reporting Sthndard appli¢abl¢ in th¢ UK artd Republic of Ireland" Company law requires the tnJ5tces ￿ prcparc financial sMernerNs for each finan¢iJl year. Under ¢omparty law ihe trusiee5 must not approv¢ thc finan¢Jal stslements unless they are satisfied that they ￿ve a true and fair view of the State of affairs of ihe par¢nt charitsble company and tht group and of the incorning re50urcE5 aThJ application tsf resources, irtcludin8 ils incorne and txptndinjre. of the charitsble group for period. In PTcparin8 these fina￿¢]81 5tatcrnents, the m]stCC5 are requiTed io.. select suilable a¢¢ounling policies and apply them consisienily. observe the methods and principles in thc ChaTiliCS SORP. make judgements and estirnatcs that ar¢ r¢asoDabl¢ and p￿dell￿ siatt whethei applicable accouniing stsodards. compristng FRS 102 have t￿en followed. subject lo any maierial eparnires disclosed and explained in the fiTwcial Stat￿ents. aDd prepare the financial 51at¢rnen¢s on the going ¢ont¢rn basis unltss Jt is irtappropriate to prtsume that the parent rharitsbl¢ ¢ompally will cotttinue iti IxLsiness. The t￿￿tteS are responsible for k¢eping proper accountsng records that ¢aD dis¢lose wth rtasoTuble a¢cwa¢y at any timt the financial positiort of the parertt ¢hanrable ¢ompany and the group 8nd enable them to ensure thai the finon¢ial stst¢menLS comply with the Companies Aci 2006. Thcy arc a150 responsible foT safeguarding the assets of the parent charitable company the gTOUP and 1￿ce for thking reasonable sieps for ihe prevention and detection of fJaud and other I￿e8￿1&￿ties. The tnJ51ces are Tesponsible for thE rnaintrnan¢e aT¥J iniegrity of th¢ ¢orpoTat¢ and finan¢ial ijrformation in¢luded o the charitabl¢ company's w¢bsiie. Le￿sla110￿ 8ovemiD¥ tbe weparatioa aDd disstrnillaiion of fmancial ststernents may differ from IcRislation in other Jurisdictions. Approvcd by the trustees of the ¢h)n"ty on....... .. and signed on its behalf by.. David Pnemley Tn￿tte Pa8e 14 Upbeat CommuDities Independent Auditor's Report to tbe Member5 of Upbeat Communities Opinion We have audited the financial statements of Upbeat Communities (the 'charitable parent company.) and its subsidiaries (the 'gTQUP? for th¢ year ended 31 March 2024, which comprise the Consolidated Staternent of Financial Activities, Consolidated Balance Sheer. Balance Sheei, Consolidated Statement of Cash Flows, Statement of Cash Flows and Noies to the Financial Statements. including a Summary of significpnt accounting policies. The financial reportiftg framework that has been applied in their preparation is United Kingdom Ac¢ounting Standards, ¢omprising Charities SORP - FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. and applicable law (UniteLI Kingdom Generally Accept¢d Accounting Practic¢). In our opinion the financial statements.. give a true and fdir view of the state of the group's and parent ¢harity'S afPdirs 3 l March 2024 and of its incoming resources and application of resources, including its iTKome and expenditure, for the year then ended. have been properly prepared in accordance with United Kingdom Generally A¢¢epied Accounting Pra¢tice.' and have been prepared in accordance with the requirements of the Companie5 Aci 2006. Basis for optnion We ￿ndUCted our audit in accordance with International Standar(ts on Auditing (UK} (ISAS (UK)) and applicable law. Our responstbilities under those standards are ￿rther described in ihe audiror responsibilities for the audit of the financial statemenrs 5e¢tion of our report. We are independent of the gTOUP in accordance with the ethical requirements that ar¢ r¢levant to our audit of the financial 5taternents in the UK, including the FRC'S Ethiol Standard. and we have fulfilled gur other ethical responsibilities in accoidance with these ttquirements. We believe thai the audit evidence we have obtsined is sutTicieni and appropriate to provide a b&5is for our opinion. Conclusion$ relating to going concern In auditing the fjnancial statementx we have concluded that the trustees use of the going concern basis of accounting in the prepardtion of the financial statements is appropriaie. Based on the WOTk we have perfornied. we have not identified any material uncertainti¢5 relating to event5 or conditions thaL individually or coll¢ctively, may cast Si￿]riG*nt doubt on the group's ability to continue &$ a going oncern for a period of at leasi twelve months from when the original financial sraiements wete authorised for issue. Our resFK)nsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this repoTL Other information The trustees are responsible for the other inf0rn7ation. The other inforniation ¢ompTises the inforniation included in the annual repo￿ other than the financial statements and our auditor's report theretsn_ Our opinion on ihe financial statements does not cover the other information and, except to th¢ extent otherwise explicitly 51ated in our report, we do noi express any fomi of assurdnce conclusion thereon. In connection with our audit of the financial sialements. our restM)n5ibility is to read the other inforniation and. in doing so. consider whether the other infoThation is materially incon5iStent with the flnancial statements or our knowledge obtsined in the audit or otherwise appears to be materially misstated. If we identify such material in¢onsislen¢i¢5 or apparent Tnaterial rnisstatrtnents. we are required to deiemiine whether there is a tnateTial mi5Statem¢nt in the ffftancial statements or a material misstsiemeni of the other infom)ation. If, based on the work we have performed. we conclude thai therE is a maierial misstaiement of this other infomiafion, we are required to report that fact. Page 15 Upbeat CommuDiti¢s Independent Auditor's Report to the Members of Upbeat Communities We have nothing to ￿POrt in Éhis regard. Opinion on other matter preseribed by the Companies Aet 21106 In our opinion, based on the work undertaken in th¢ course of the audit". the inforniation given in (he Chair's Report and Trustees. Report for the financial year fgr which the f￿anCIal statsments are prepared is consistent with the financial statements. and the Chairfs Report and T￿￿tees, Report have been preparoj in a￿OrdanCe with applicable legdl requirements. Matters on which we are required to report by exceptio In the light of our knowledge and understsnding of the group and the parent charitable company and its environment obtained in the course of the audii. we have not ideniified m8t¢rid misswem¢nts in th¢ Chairf5 Report and th¢ Trusiees. Repon. We have nothints to report in respect of the followng matters where the Companies Act 2006 requires us io report to you if, in our opinion-. adequate accounting records have noi been kept by the parent charitsble company. or returns adequate for our audit have not been received from branches nor visited by us- or th¢ parent charitable company financial Sfaternents are in agreement wilh the accounting records and retums., or ¢rtain disclosures of trustees remuneration specified by law are not made. or we have not re¢eived all th¢ information and explanations we require for our audiL Responsibilities of trustees As ¢xplain¢d tnore fvIIy STt the Statement of Trustees, Responsibilities (set out on page 13), the trustees are responsible for the prepardtion of ihe financial staiements and for being satisfied ihat they give a true and fair view. and for such intemal control as ihe trustees detem)ine is necessary io enable the preparaTion of financial statements that are free from marerial misstatement, whether due to frdud or error. In preparing the financial statements. the trustees are responsible for &5sessing the group's and the parent charitable companls ability to continue as a going concern. dis¢losin& a5 applicable. matters related to going concern and using the going concern basis of tccounting unl¢ss the tnJ51ees either intrnd to liquidate the group or th¢ parent charitable company or to cease opetations. or have realistic alremative but io do so. Audttor responsibtlittes for the audit of the finaTrcial statements Oui objectives are to ob(ain reasonable assurance about whether the fjnancial ststem¢nts ps a whole are free from material mi5Statemeni. whether due w fraud or e￿or. and io issue an auditor'5 report that includes our opinion. Reasonable assurance is a high level of assurdnce. but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always d¢i¢ct a material misstaternent when it exists. Misstat¢rnents can arise from fraud or error and are considered material if, individually or in the aggregate. they could re&y)nably be expected to influence the econornic decisions of users taken on the basis of these flnancial ststemertts. As part of an audit in accordance with ISAS (UK). we exercise professional judgement and maintain professional scepticism throuJts Jolli the audil. Page 16 Upbeat CommuDities Independent Auditor's Report to the Members of Upbeat Communities l¥regularities, including fraud. are instsnces of nOn-￿T￿pIlanCe with laws and regulations. W¢ design procedures in line with our responsibilities, outlined above, to detect material misststements in respect of irregularities, including fraud. Th¢ ¢xtent to which our proceduies are capable of deteciing irregularities. including fraud is detailed below. The extent to which the audit was fon5idered capable of detecting irregularities iNeluding fraud Our approach to identifying and assessing ihe risks of m*erial mi55wement in respecr of i￿egular1tieS. including fraud and non-compliance with laws and regulatio￿ was as follows.. Ihe engagement partner ensured that the engagement team colleciively had the appropriate compet¢n¢e, capabilitie5 and skills io identify or recognise non-cornpliance with applicable laws and regulations. we identified the laws and regulations applicable to ihe group through discussions with directors and other management. and from our commer¢ial knowledge and experience of the charity sector. we focused on specific laws and regulations which we considered may have a dire¢t tnaterial effect on the financial sthtements or the operations of the company. kncluding the Companie5 Act 2006, Charities Act 2011, data proieciion. anti-britxry. employmenL environmental. fire safety and health and safety legislation., we assessed the exrent of cornplian¢e with the laws and regulations identifled above thrnugh making enquiries of management. reviewing licenses. certificates and relevant correspondence including the inspection of legal correspondence. and ident2fLed law5 ond regulations were COTnmunic*ed wiihin the audtt ieam regularly and the team remained alert to instances of non4ompliance throughout the audit We assessed the susceptibility of the group'$ financial ststem¢nts to material mi$5tatement, including obtaining an understanding of how fraud might occur, by.. making enquiries of management as w where tlw considered there wa5 susceptibility to fraud, their knowledge of actual, suspected and alleged fraud. and considering the intemal controls in place lo miligat¢ risks of fraud 8nd non-wrnpliance with laws and regulation5. To address the risk of fraud through Tnanagement bias and override of controls. we.. perfomed ana1￿1£al pro¢edures to tdeniify any unusual or Unex￿1￿ relationships; tested journal entries to identify unusual trartsactions- assessed whether judgements and assurnptions made in detenninkng the accounting estimates were indicativ¢ of potential biu. and investigated the ￿lOnal¢ behind significani or unusual transactions. In resp()nse to (he risk of irregularities and non40mpliance with laws and regulation5. we desiwKd procedures which included, but were not limited io.. agreeing financial sta(ement disclosures to un¢knlying supporting documentaiion- reading the minures of meeting5 of those charged with governance. enquiring of management as to actyal and poieniial litigation and claims. and reviewing Co￿eSpOndenCe with HMRC, relevant regulators and the company'5 legal advisor5. Page 17 Upbeat Communities Independent Auditor's Report to the Members of Upbeat Communities There are inherent lirnitations in our audii procedures described above. The more removed that laws and regulations are from financial trdnsaclions. the less likely it is ihai we would become aware of non-compliance. Auditing stsndards also limit the audit procedures required to identify non•compliance with law5 and regulations to enquiry of th¢ directors and other mana(pemeni and the inspection of regulatory and It￿1 correspondenc¢, if any. Material mis5talernents that arise due to fravd can be harder io detect than those that arise from error as they may involve deliberate concealment or collusion. A fvrther description of our responsibilities is available on the Financial Reporting Council's website at= s*wi.frc.org.uklauditorsresponsibililies. This description fomis part of our auditor'5 report. Use of our report This rewrt 15 made solely to the charitable pareni company's trusttts. as a body. in accordance with Chap￿r 3 of Part 16 of the Companies Act 2006. Our audii work has been undertaken so that we might state to the group's trustees those matters we are required to state to them in an auditor's report and for no other PUTPOSe. To the fullest extent pertnitted by law. we do not accept or assume responsibility to anyone other than the charitsble parent company and its Irust¢es as a body. for our audit worl for this report. 01 for the OPiTtions we have forn)ed. Mr David Tucker (Senior Statutory Auditor) For and on behalf otThompson Jennei LLP. Stawtory Auditor I Colleion Crescent EXe￿r Devon EX2 4DG Date.. Page 18 Upbeat Communities Consolidated Statement of Finan¢ial Activities for the Year Ended 31 M#r¢h 2024 (Including Consolidated Ineome and Expenditure Account and Statement of Total Reeognised Gains and L05ses) Unrestricted runds Restricted funds Total 2024 Note Ineome and Endowments from: Donations and legacies Charitable activities 189,307 549,451 226,186 1,201 142.130 331,437 549,451 226,186 1,201 Other trading a￿7vIlleS Investment income Totsl income 966,145 142.130 1,108.275 Expenditure on: Raising funds Charitable actiyities (260,538) (583,761) (260.538} (750,7531 (166,992) Totsl expendibjre (844.299) (166.992) {1,011.291 Net incomel(expenditure) 121.846 (24.862 96,984 Net movement in funds 121.846 (24,862) 96,984 Reconeiliation of lunds Total thnds brought forward Totsl funds ca￿led ft>rward 157,975 37.169 195.144 19 279.821 12.307 292.128 The notes on pages 25 to 48 forn an integral port of these financial sratemerts. Page 19 Upbeat Communities Consolidated Statement of Financial Activities for the Year Ended 31 March 2024 ancludiDg Con501idated Income and Expenditure Account and Statement of Total Reeognised Gains and Losses) Prior period ¢ornparativ¢ Unrestricted funds Re5trict¢d funds Tot31 2023 Not¢ Ineome and Endowments from: Donations and legacies Charitable actLVlties Other trading activities 182,302 588,405 47.405 53.235 235,537 588,405 47,405 Total income 818,112 53,235 871,347 Expenditure on: Raising funds Charitable activities (52.225) 753,692 (972) 46,637 (53.197) 800.329 Total expenditure 805.917) (47.609) 853.526 Net incorne 12.195 5.626 17,821 Net Tnovement in funds 12.195 5.626 17,821 Reconciliation of fund5 Total funds brought forward 145,780 31.543 177,323 Totsl fimds carried forward 19 157,975 37.169 195,144 All of the group's activities derive from continuing operations during the above two periods. Th¢ funds breakdown for 2023 is shown in note 19. The noles on pages 25 to 48 form an iniegral part of these financÉal ststements. Page 20 Upbeat Communities (Registration number: 05648977) Consolidated Balance Sheet as at 31 March 2024 2024 20Z3 Note Flx¢d asyts Tangible ass¢t5 4.650 3,763 Current RSsets Debto Cash ai bank and in hand 14 15 177.238 261,795 439.033 151,257 161,688 312.945 Cr¢¢lit•r$: Amollnt$ falling due within one year 16 130.212 93.927 Net current assets 308.821 219,018 Total *ssets le55 Current IT¥bilities 313.471 222.781 Creditots: Amounts fauing du¢ *ft¢r mor¢ thaD one year 121.343 27.637 N¢t issets 292.128 195.144 Funds of the grwp: Restricted incom¢ futtds Restrithed fiinds 19 12.307 37,169 Unre5trltted fund$ Unrestricted fimds 279,821 157,975 Tot21 funds 19 292.128 195,144 Tht financial statrments on pagc5 19 to 48 wrrr approved by the trvs*¢s. attd autlhyised for issu¢ on ..... and 5igncd on their behalf by: David Pri¢stl¢y Trustee The notes on pages 25 to 48 fomi an in¢egral part of th¢se financial stsiements. Page21 Upbeat Communities IRegistration number". 05648977) Balance Sheet as at 31 March 2024 2024 2023 Noie Fixed usets Tangible a&sets 4.650 3.763 Current a55ets Debtots Cash at bank and in harKI 14 15 172,733 230,919 151,940 156,465 403,652 308,405 Credictsrs.. Amounts falling due wlthln one ye*r 16 {93.858 (88,638 Nel currtnt assets 309.794 219,767 Tot#1 *ss¢t$ less ¢urr¢ttt H#blHtks 3 14,444 223.530 Creditor5: Amounts falling due after n￿re th*D one ye*r 17 21,343 {27,637 Net assets 293 101 195,893 Funds of tht ehaYlry= Restricted income Restriettd filrtds L9 12.307 37.169 Unrestricted income funds Unrestricted fithds 280.794 158,724 Total funds 19 293.101 195,893 The financial siaternents on page5 19 to 48 were appmved by the mistres. and authoTis¢d foT issue 07) .... and signed 00 their beha]f by: David Pri￿lleY TnLStee Th¢ noies ot) pages 25 10 48 fomi an iniegral paTt of thcsc financial ststcmtnts. Page 22 Upbeat CommunitiQ8 Consolidated Statement of Cash Flow$ for the Year Ended 31 March 2024 2024 2023 Note Cgsh flows from operating a¢tivfftties N¢¢ c&5h income 96,984 17,821 Adjustmertts to cash Ilows from non-cash items Depreciation Invesknent income 2.080 (1.201) 1,817 97.863 19.638 Working capital adjustments Increase in debtors 14 16 17 (25,981) 44.818 (7,948 (42,496) (9,036) 39.938 Increasel(decrease) in creditors (Decrease)lincrease in deferred income Net cash flows from operating activities I08.752 8,044 Cash flows from investing activitie5 Interest receivable and similar income Purch2se of tangible fixed assets Net cash flows from investing a¢tivities 1.201 (2,967) 13 (1,767) (1.766) (1,767) Cash flow5 frorn financing Activities Repayment of Iibans and borrowsngs 16 (6.879) (9,302) Net increasel{decrease) in cash and cash equivalents 100,107 (3,025} Cash and cash equivalents at l April 161,688 164,713 161.688 Cash and cash equivalents at 31 March 261,795 All of the cash flows are derived from conlinuing operations during the above ts¥o period& The notes on page$ 25 to 48 fom an Inte￿al part of these financial ststements. Page 23 Upbeat Communities Statement of Cash Flows for the Year Ended 31 March 2024 2024 2023 Note Cash flows from operating attivities Net cash income 97208 18.570 Adjustments to Cash fkbws frorn non-e*sh ttems Depreciation Investm¢nt income 2,080 (1201) 1,817 98.087 20,387 Working eapital adjustment5 Increase in debtor5 Increaselldecrease) in credTtors {Decreaseyinerea5e in deftTred income 14 16 17 (20,793) 13,753 7.948) (43,179) (14,325) 39,938 Net cash flows frorn operaiing activities 83,099 2,821 Cash flows from investing Activities Jnteiesi receivable and similar income Purchase of tsngible fixed assets 1,201 2.967) 13 1.767 Net ¢ash tlows frorn investing activities (1.766) {1,767) Cash flow5 frorn finaneing activities Repayment of loans and borrowing5 Net tncrea5elldecreas¢) in c&sh and cash equivalents 16 {6,879) 19,302) 74,454 (8,248) 164,713 Cash and cash equivalents at l April 156.465 Cash #nd cash equivalents ￿ 31 March 230.919 156,465 All of the cash tlows are derived from continuing operations during the above two period5. The note5 on pages 25 to 48 form an iniegTal part of these financial statements. Page 24 Upbeat Communities Notes to Ihe Financi21 Stst¢m¢nts for the Y¢ar Ended 31 March 2024 I Charity status The charity is IiTllited by guarantee. incorporated in England and Wales. and consequently does not have share capital. Each of the trusiees is liable to conrribute an amounl not exceeding £1 toward5 the assets of the charity in the event of liquidation. The address of its rtgistered office is-. Bridge House RiveTside Court Pride Park Derby DE24 8HY The principal place of business is: Trinity Bapiisi Church Green Lane Derby DEI IRZ 2 Accounting policies SuNitll31'y of sigiiifiL#lIrt ¥LCVUiitiJig poliLi¥S #ila k¢y *Liwuii¢iiig tstini4t¢s The princip&l accounting policies applied in the prepaTation of these financial sratements are set out below. These policie￿ haiw been Gonp rtently applied to all the yew. PTK¢nted. Unl￿ oth0nvi￿ -.tated. Statement of compliance The financial Statements have prepared in accordance with Accounling 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}) {is5ued in Octob¢r 2019} - IChariti¢s SORP (FRS 102)). the Financial Reporting Stsndard applithle in th¢ UK and Republi¢ of Ireland (FRS 102> and the Companies Act 2006. Basis of preparation Upb¢at Cotntnunitie5 meets ihe definition of a public benefit entity under FRS 102. Assets and liabilitie5 are initially r¢¢ognised ai historical cost or transaction value unless otherwise sthted in the felevani accounting policy rtotes. Basis of con501idation The consolidated finan¢ial 5ts1¢ments consolidate the financial staternents of the charity and its subsidiary undertakings drawn up to 31 March 2024. Nv slal¥iiieiit L>r riiianLi4114lLLivili¢s is prcseiiied fvi (li¥ Lliarity as ￿lI1)l(l¢¢J by 5eciion 408 vf- die Cviiipanies Act 2006. The Charity made a profit after tsx for the financial year of £97208 (2023 - £18,570). Page 25 Upbeat Communities Notes to the Financial Statements for the Yur Ended 31 March 2024 A subsidiary is an entity controlled by the charity_ Control 15 achiev¢d where the charity has the power to govern the fjnancial and operating policies of an eniity 50 a5 lo obtain benefits from its activities. The results of subsidiaries acquired or disposed of during the year are included in the statement of financial aciivbties from the effective date of acquisition or up to the effective dale of disposal. as approprijte. Where necessary. adjustments ar¢ made to the fjnancial ststements of subsidiaries to bring their accounting policies inio line with those u5¢d by the group. The purCh￿e method of accouniing is used w a￿oUnt for business combinations that result in the acquisition of subsidiaries by the group. The cosi of a business combination is M￿￿red as the fair value of the assets given, equity insrruments Issued and liabilities incU￿ed or assumed ar the date of exchange. plus costs directly attributable to the business combination. Identifiable assets acquired and liabilitl¢s and contingent liabililies assumed in a business combination are measured initially ai their fair values at the acquisition date. Any excess of the cost of the business combination over the acquirer's ini¢rest in the net fair value of the identifiable assets, liabilities and ¢ontingent liabilities recognised is r￿Orded as %￿dWIll. Inter-company transactions. balances and unreali5ed gains on tyansa¢tion5 ￿tw¢¢n the charity and its subsidiaries. which are related parties, are eliminated in ￿]1. Intra-group losses are also eliminated but may indÉcate an impairnient that requires recognition in the con501idated rinancial statements. Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the group. Non-conrrolling interests in the net assets of consolidated subsidiarbes ale identified separately from the group's equiry therein. Non-controlling interests consist of the amount of (hose inreresis at the date of the original busines5 combinatÉon and the non40ntrolling shaieholder's share of changes in equity Since the date of the combination. Totsl comprehensive income is attributed io non-controlling interests even if this results in the non-controlling interests having a deficit balance. Going concern The trustees considei that there are no material uncertainties alx)ut the group's ability to continue Is a going concern nor any SI￿1r1C&nr area5 of uncertainty that affe¢t the carrying value of assets held by the group. Income and endowmenis All income 15 recognised once the charity has entiilemeni io the income. it is probable that the in¢om¢ will be received and th¢ amount of the Income receivable can be measured reliably. Donutions legacies Donations are recognised when the charity ha5 been notified in writing of boih the amount and settlement date. In the event that a donation is subjeci to conditions that require a level of perfomiance.by the charity before the charity is entitled io the filnds. the income 15 deferred and noi Tecogntsed un(il either those conditions are fully met, or the fulfil￿ent of those conditions is wholly within the control of the charity and it is probable thai ihese condition5 will be fulfilled in the reporting period. Page26 Upbeat Communiti¢s Notes to the Financial StatemeDts for the Year Ended 31 Mar¢h 2024 Gronts receiv&ble Grants are Tecogni5ed when the group has an entitlement to the funds and any conditions linked to the grants have been met. Where perforrnance conditions are attached to the grant and are yet to be met. the income is recogni5¢d ps a liability and included on the balance sheet &% deferred income io be released. Deferred income Deferred incorne represents amounts received for fuDJre periods and is released ￿ incoming resources in the period for which, it has been received. Such income is only deferred when= The donor specifies that the grant or donation must only be used in fvture accounting periods-, or The donor has imposed conditions which musi be met before the charity has unconditional eniiilement. her irading aciiwlies The subsidiary reco8nises the fair value of ihe consthration receit4ed or receivable for the sale of goods and provision of services in the Ordinary course of the company's activities. Turnover is shown net of saleslvalue added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably rne&sured-, it is probable that future economic benefits will flow to the entity. and specific criteria have been met for each of the ¢ompanY5 a¢tiviti¢5. Inve51menl in¢ome Dividends are recogni5ed once the dividend has E*¢n d¢clar¢d and notilicaiion h&$ been received of the dividend due. Expenditure All expenditure is recognised once there 15 a legal or constructtve obligation to that expenditure, it js probable settlement is required and th¢ amount can b¢ measur¢d reliably. All c05ts are allocated to the applicabl¢ ¢xpenditure heading that aggregate similar costs to that ￿tegOry. Where costs cannot be directly attributed to particular headin8S they have been allocaied on a b&sis consisieni wilh the use of resources. wilh central staff costs allocated on the basi5 of tirne speni and depreciation charges allocaied on the portion of the asset's use. Other support costs are allocated based on the spread of stsff costs. RoisiNgl#nds Thes¢ ar¢ costs incurred in attractin8 voluntsry income. the management of investments and those Incu￿ed in tyading activities that raise funds. Cli&rii&ble &Ciivilies ChaTltable expenditure comprise5 those costs incurred by the charity in the delivery of its activities and service5 for its beneficiaries. It includes both costs that can be allocated d5tecily to such activities and those costs of an indirect nature necessary to support them. Page 27 Upbeat Communities Not¢s to the Financial Statements for the Year Ended 31 March 2024 Support costs Support costs include central functions and have been allocated to activity cosl categories on a basis consistent with the use of restsurces, for example. allocating prom costs by floor areas. or per ¢apit4 5tsff costs by the time spent and other costs by their usage. Tax2tion The charity is con5id¢r¢d to P&5$ the tests set out in Paragraph I Schedu]e 6 of the Finance Act 2010 and therefore it meets the definition of a Charitable company for UK corporation tsx purposes. Accordingly. the charity 15 kX)tentially exempt from t&xation in respect of income or capital gains rxeiv¢d within categori¢s ¢ov¢red by Chapter 3 Part I I of the CoTporation Tax Ac( 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitttble pur[￿￿. Tangible fixed assets All fixed &ssets are caiialised ￿ COSL where considered appropriate to capklalis¢. Those purch&sed by specific gift5 and grants have been written off fvlly in the year of gill Depreciation and amortisation Depreciation is provided on tangible fixed assets 50 a5 to ￿lte off the c05t or valuation, le55 any estimated residu21 value, over their expecred usefvl economic lif¢ as follows.. Asset ¢la5S Office Equipment Depreciation method and rate 25Yo Strdight line Trade debtors Trade debtors are amounts due from customers for merchandise 501d or services perfornied Én the ordinary course tsf business. Trade debtors are reco￿]sed initially at the trdnsaction price. They are subsequently measured ai amortised cost usinc the effective interest method, less provision for impainnent. A provision for the impaimient of trade debtors is esrnbli5hed whell there is objective evidence that the charity will be able to Collecl all amounts due arxording to the original temis of the receivables. Cash 4nd cash equivalents Cash and cash equivalen(5 ¢ompri5e cash on hand and call deposi￿ and other short-terni highly liquid investments thai are readily convenible to a known amount of cash and are subject io an ins]￿lfiCant risk of chanoe in Yalue. Page 28 Upbe2t Communities Iyotes to tbe Financial Statements for the Ye*r Ended 31 March 2024 Trade creditors Trade creditors are obligations to pay for g(M)d5 or se￿l¢e$ that have a¢quired in the ordinary course of business from Suppliers. Accounts payable are c1&5sified as CUTrent liabilities if the charity does not have an unconditional right. at the end of the reporting period, to defer settlement of the creditor for at leasi Nelve months after the reporting date. If there is an unconditional right io defer settlement for ai least Nelve months aft¢r the reporting date, they are presented as non4urreni liabilitie Trade creditors are reco￿lSed initially at th¢ transaction price and subsequently me&%ured at amortised cost using the effective interest method. Borrowings Interest-bearing borrowing5 are initially re¢ord¢d at fair value. net of transaction costs. Inteiest-bearing borrowings are subsequently carried at amorti%ed eost, with the difference between the proceeds. nei of transaction costs, and the amollnt due On redemption being reco￿lSed as a charge to the Sts(ernent of Financial Activities ove¥ the peTiod of the relevant borrowing. Interest exp¢ns¢ 15 r¢cognised on the ba$is of the effective interesi method and is included in interest payable and similar charges. Borrowings are classified as current liabiliti¢5 un1¢$5 the charity h&% an unconditional right to defer settlement of the liabilsty for at least twelve rn¢)nths after the reporting date. Fund structure Unrestricted income funds are general funds that are available for use at the trustees discretion in fi￿￿erance of the objectives of the group. Restricted income funds are those donated for use in a particular area or for specific purpose5, the use of which is restricted to that area or purpose. Financial instruments Cl&ssifie&tio Financial assets and finan¢ial liabilities are recognised when the group becomes a party to the ￿ntraCtual pr(>visions of the instrument. Financial liabilities and equity instruments are classified according to the substhnce of the contt3c￿aI arrangements entered into. An equity instrument is any contract (h& eviderKes a residual inierest in the assets of the group after dedu¢ting all of lis liabilities. Page 29 Upbeat Communities Notes to the Financial Stgtem¢nts for the Year Ended 31 M2reh 2024 REcognilitsn and measuremenl All financial assets and liabilities are Initially measured at transaction price (including transaction costs). except for those financial assets classified as at fair value through profit 01 loss. which are inilially measured at fair value (which is nomially the transaciion piice excluding ¢ransaction costs). unless the arrangement constitutes a financing transaction. If an aryangement ¢onsTitut¢s a financing transaction, the financial a55et or fjnancial liability is measured at the pr¢s¢nt value of the futw¢ pa￿nents dis¢ounted at # market rat¢ of int¢r¢st for a similar debt insiruTnent. Financial assets and liabilities are only offset in the stsiemem of financial position when. and only when there exists a legally enforceable right to set tsff the recognised amounts and the group intends eiiher to settle on a net basis. or to realise the asset and settle the liability SiTnulianeously. Financial asset5 are derecognised when and only when a) the contraclual rights to the cash flows from the financial asset ¢xpir¢ or are settled. bl th¢ group transfers to another party Substantially all of the risks and rewaTd5 of ownership of the financial asset, or c) the group, despite having retained som¢. but not all. Significant risks and rewards of ownership. has transferred control of the asset to another party. Financial liabilities are derewgnised only wh¢n th¢ obligation specified in th¢ ￿nTract is discharged. cancelled or expires. Page 30 Upbeat Communities Notes to the Financi21 Statements for the Year Ended 31 March 2024 Debi iftstrHments Debt instruments which meet the following conditions are sub5equ¢ntly Tn¢a5ured at arnOTtised cost using the effective interest method= (a) Th¢ contra¢h￿l return to the holder is (i) a fixed amounL lil) a positive fixed ratr or a positive variable rat¢: or (iii) a combination of a positive or a negative fixed raie and a positive variable Tate. (b) The contract may provide for repayments of the principal or the rewrn to the holder (but not both) to be linked io a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such link5 are no¢ leveraged. (¢) The contract may provide for a deiern)inable variaiion of the return io the holder during the life of the instrument, provided that (i) the new rate saiisfies condition (a) and the variation 15 not Contingent on fvmre events other than (l) a change of a contractual variable rnte. 12) to protect the holder against credit deteriorathon of the issuer- (3) chan(pes in levies applied by a central bank or arising from change5 in relevant taxation or law. or (ii) Ihe new tate is a market rate of interest and 58t15fie5 condition (a). (d) There is no contra¢wal provision could. by its tern￿ result in the holder105ing the principal amount or any interesi attributable to th¢ Current period or prior periods. (e) Contractual provi$ions that peTmit the issuer to PTepay a debt instrument or pem)ii the holder io put it back to the issuer before maturity are noi contingent on fijture eY¢nts. other than to prote¢t th¢ hold¢r against the ¢redit deterioration of the issuer or a change in ¢ontrol of the issuer, or to protect the holder or i55uer against change5 Ln levies applied by a central bank or arising from changes in relevant taxation or law. (Q Contractual provisions may perniii the extension of the tern) of the debt insrrumeni. provided that the rewrn to the holder and any Imher Contra￿ual provisions applicable durin8 the extended ierni satisfy the conditions of paragraphs (a) to (c). Debt instrum¢nts that are c1&55ified as payable or receivable within one year on initial recognition and which rneet the above ¢onditions are measured at the undiscounted arnount of the cash or other consideration expected to be paid or receiveiL nei of irnpairment. Ws(h ihe exception of some hedging Instrumen￿ other debt instruments not meeting these conditions are measured at fair value through profit or1055. Commim)ents to make and receive loan5 which meet the conditions Trtntioned above are rneasured at cost Iwhieh may be nil) le55 impaiTrn¢nl. Invutments Investments in non-convenible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their faiT value is reliably measurabl¢) ar¢ measured at fair value through profit or1055. Where fair volue caTUiOt be M¢￿Ured rcliobly. invvonnents are rne&-ured at 00￿ le"- imp2irment. Invesments in subsidiaries and associates are ￿t￿red at cost less impairmenL For investments in Subsidiaries acquired for consideration including the issue of shares qualifying for meiger relief, cost is measured by refer¢n¢¢ to the nominal value of the shares issued plus frdir value of other consideration. Any premiutn is ignored. Page31 Upbeat Communities Notes to the Financial Statements for the Year Ended 31 March 2024 3 Income from donations and legacies 2024 2023 Unrestrieted Restricted Tot81 Totsl LVET Uknaine Project General Donations (inc Gifi.Aid) Host Derby Derby Language Sch(KJl Core Funding Grant 7.947 7.947 60,251 192 37,055 77,159 2,000 20,146 24,000 15.000 300 60251 192 97223 10.000 97,223 10.000 Upbeat Kid5 Thriving Places Active Partnership Fund Homes for Ukraine 96.9(K) 96.900 14.180 1,948 1,000 2.000 1,000 30,000 4,916 4.833 {1.(￿0) (1.000) Derby Poverty Commission All Saints Trust Garffield Westo Community Action Household Support Fund City of Sanctuary ESOL 6.0¢)0 13,000 4.300 2.400 4,300 2.400 Linconshire Ukraine Coordinaiion 24.391 24,391 5.000 6,933 2.000 400 Sisters of St Joseph of Peace Benefactor Trust 5.0 6,933 2.O¢X) 4¢)0 Archer Trust Asda Foundation Leigh Trusi 1,500 189.307 1.500 331.437 TOTAL 2024 142.130 235,537 TOTAL 2023 I82.3￿2 53,235 235.537 Page 32 Upbeat Communities Notes to the Financial Statements for the Year Ended 31 March 2024 4 Ineome from eharitable *eti¥ities Unrestricted funds Genernl Total 2024 Totsl 2023 Class Fees Linconshire Refugee R￿ettlement Support Derbyshire Refijgee Reselllemeni Support Derbyshire Ukraine Fundraising Cleaning Income Room Hire - Si Chads Sundry Income 174.278 135.280 128.491 109.i17 174278 135.280 128,491 109.317 207,817 J02,307 161,229 56,750 1,325 56.858 1.213 906 1.600 485 1,600 485 549,451 549,451 588,405 S Investrnenl income Unrestrieted Total 2024 Total 2023 Gener*1 Interest re¢eivabl£ and similar ineome", Iniere5t re¢eivable on bank deposits 1201 1,201 6 Expenditure on raising funds a) Costs of generating donations and legacies Unrestricted lunds General Restricted funds Total funds Note Other direci costs of generating volunrary incom¢ 17,587 17,587 Total for 21124 17,587 17,587 Totgl for 2023 4,071 972 5,043 Page 33 Upbeat Communities Notes to the Financial Statements for the Year Ended 31 March 2024 b) Costs of trading activities Unrestrieied funds Ceneral Tot*1 2024 Total 2023 Note Trading subsidiary costs 242.951 242,951 48,154 242.951 242,951 48.154 7 Expenditure on charitable activities UTrre5tricted funds Cenernl Restricted funds Total 2024 Total 2023 Consultanty Labour Volunt¢¢rs' Expenses StafFCosts Stsff R¢¢ruitment Costs Marketing & PR Tutoring Rent & Utilities Housing & Participants, Expenses Project Costs IT Project Costs Travel & Subsistence Twhing Materials Wellbeing Support Costs 30,531 61 264,893 4.733 3,519 134.559 27,628 5.877 3,508 16.598 10,342 798 3,867 76.847 30,531 988 420.100 4.733 3.877 135.865 27.628 7.202 6.919 16.598 11,i24 1,738 3,912 79,338 64 1.083 464.859 2.894 4.203 138,160 28,184 10,750 9,182 12,921 16.820 927 155207 358 1.306 1,325 3.411 982 940 45 2,491 111,209 58i.761 166.992 750,753 800,329 £583,761 (2023.. £753,692) of the above expenditwe was attributable to unrestricted funds and £166,992 (2023: £46,637) to restricted funds. Page 34 Upbeat Communities Notes to the Financial Statements for tbe Year Ended 31 March 2024 8 Analysis of supporl wsts Charitable aeiivities expenditure Ut)restricted funds General Restricted funds Total 2024 Totsl 2023 Basis of allocation Bid writing General Premises Maintenance Insurance Stationery, Photocopier, printing and Office Costs Office Equipment and IT Costs Training T¢lephone, Mobile and Broadband Sundry Expenses Gifts & Hospitslity A Bank Charge5 and Bank In￿reSt Accounting and Payroll Professitsnal Fee5 Depreciation Refreshments Bad debts 28.800 22 25 47 217 9.843 428 428 2.441 9.538 8.715 1.332 180 11.370 8.895 7.187 8,261 2,733 2,733 2,035 40 316 866 405 1,271 4.003 4.003 4.460 35.030 6.772 2.080 5.638 (90) 35.030 6,772 2,080 5,680 (90) 28,310 13,282 1,817 4,200 42 76.847 2.491 79,338 111,209 Basis ofallocation Reference Method of allocation IOOOh of costs Page 35 Upbeat Communities Notes to the Financial Statements for the Year Ended 31 March 2024 9 Net in¢omingloutgoRDg resourtes Nei incoming resources for the y¢ar include= 2024 2023 Operating l¢ase5 - Other as5tts Audit fees Other non-audit servÈces DepT¢ciation of fixed assets 24,0￿) 4.8(M) 5.860 2,080 24.0(X) 4,600 1.817 10 Trustees rernuner#tion #rtd expenses No trustees, nor any persons connecied with them. have received any r¢rnunerdtion from the group during the year. No trustees have received any r¢imbursed expenses ￿ any other benefits frorn the charity during the year. Donations made by the trusiees wiihout any conditions attached totalled £200 for the year (2023 - £742). Il Staff eosts The aggregate payroll costs were as follows.. 2024 2023 Staff costs during the year were: Wages and Salaries Social security costs Pension costs 576.117 34.944 25.004 453,158 37,341 20,293 636,065 510,792 The monrhly average nwnber of persons (including senior management team) ¢Tnployed by the group.during ihe year expressed as full tI￿e equivalents was as follow5= Group Charity 2024 2023 No 2024 No 2023 Stsff employed 42 42 18 18 25 (2023 - 17) of the above ¢Tnployees particspated in ihe Defined Contribution Pension S¢hemes. No employe¢ Tec¢ived eTnoluments of more than £60,000 during the ye8r. Page 36 Upbeat Communities Notes to the Fin2n¢ial Statements for the Year Ended 31 March 2024 The total employee benefits of the key management personnel of the gmup were £51270 (2023 - £50.124). 12 Auditors, remuneration 2024 Audit of the financial statements 4.800 Other fee5 to auditors All other non-audit services 5.860 Page 37 Upbeat Communities Notes to the Financial Statements for the Year Ended 31 Mareb 2024 13 TangÉble fixed 2$5ets Group Furniture and equipment Totsl Cost At l April 2023 Additions 10.968 2,967 10,968 2.967 At 31 March 2024 13.935 13.935 Depreciation At l Aprbl 2023 Charge for the year 7.205 2.080 7,205 2,080 At 31 March 2024 9,285 9,285 Net book value At 31 March 2024 4,650 4,650 At 31 March 2023 3.763 3.763 Ch¥rity Furniture and equipment T(>tal Cost At l April 2023 Additions 10.968 2.967 10.968 2.967 Ai 31 March 2024 13,935 13.935 Ikprecigtion At l April 2023 Charge for the year At 31 March 2024 7205 2,080 7.205 2,080 9,285 9,285 Net book value At 31 March 2024 4,650 4,650 Ai 31 March 2023 3,763 3,763 Page 38 Upbeat Communities Notes to the Financial Statements for the Year Ended 31 Mareb 2024 14 Debtors Crn￿P Charity 2024 2023 2024 2023 Trade debtors Due froTn group undertakings Prepayments Other debtors 139.813 130,100 86.610 51.251 4.710 30,162 21,092 7.263 30.162 1,320 19.837 19.837 177,238 151.257 172,733 151.940 15 Cash and cash equiv*lents Croup Charity 2024 2023 2024 2023 Cash on hand Cash at bank Short-terni deposits 269 184,987 76.539 269 101.331 60,357 96,108 60,357 76,539 261.795 161.688 230,919 156,465 16 Creditors: amounts falling due within one year Group Ch*rity 2024 2023 2024 2023 Bank loan5 Trade creditor5 Other taxation and social security VAT payable Other creditors Accruals Deferred income 7.748 42,483 8,559 17,598 4,709 17,125 31.990 ,333 23,595 8,296 2.029 4.947 6.789 39,938 7.748 32.916 7.216 8,333 23,059 7.948 3.495 10.493 31,990 4,071 5,289 39,938 88,638 130212 93.927 93.858 Page 39 Upbeat Communities Notu to the Financial Statements for the Year Ended 31 March 2024 Deferred income 2024 Def£￿ed income at l April 2023 Resources deferred in the period ATnounts released from prev50us perifyjs 39,938 31,990 39.938) Deferred in¢orne at 3 1 March 2024 31.990 DefeTTed income at the year end related to grani income deferred over the period to which it relates. 17 Creditors- amotsnts falling due ¥Jfter one ye*r Group Ch&rity 2024 2023 2024 2023 Bank loans 21.343 27.637 21,343 27,637 18 Obligations under ka5¢s sTrd hire purthase toDtratts Operating Jease commitments Total fvture minimum lease payments under non-cancellable operaiing leases are as follow5: Grovp Charity 2024 2023 2024 2023 Land and buildings Within one year Between one and five years 22,000 24.000 22,000 22,0 24.000 22,000 22.000 46.000 22.000 46,000 Page 40 Upbeat Communities Notes to the Financial Statements for the Ye*r Ended 31 March 2024 19 Funds Group Balance •t I April 2023 Jncorning resources Resources expended B#lanee at 31 Mareh 2024 Unrestricted funds Generul General funds 97.975 966.145 (844.299) 219,821 Desigitaled Desionated funds 60.000 60,000 Total unrestrict¢d funds 157,975 966,145 844.299 279.821 Restricted funds City Sanctuary Duke of Devonshire Fund 4.31 (3,969) (5.000) {786) (5.485) 124,391) (14,170) {97,553) (15.638) 331 5,000 527 9.128 ESOL HOST- Derby Lincolnshire Ukraine Coordination LVET Ukraine Proje¢t Thriving Platts Welcom¢ Boxes Upbeat Youih 2.400 192 24.391 7.947 2.141 3,835 6,223 653 15,638 6,0 6.000 Total restricted funds 37.169 142.130 (166.992 12,307 Total funds 195.144 1.108.275 1.011.291) 292,128 P￿c47 Upbeat Communities Notes to the Financial StatemeDts for the Ye*r Ended 31 Mareh 2024 GTOUP Prior Period Balanct ai I April 2022 Ineorning resourc£s Resources expended Balance at 31 March 2023 Unrestricted funds General Generdl fi]nds 85,780 818.112 (805,917) 97.975 Designated Desi.trnated fijnds 60,0(KJ 60.000 Total unrestricted funds 145.780 818.112 (805.917) 157,975 Restricted funds Duke of Devonshire Fund ESOL 5,0¢ 1.472 9,433 5,000 527 9,128 6,223 653 15.638 (945) (2.305) (30.832) (13.527) HOST- Derby LVET Ukraine Project Thriving Places Welcome Boxes 2.0(M) 37.055 14.180 15,638 Total restrieted funds 31,543 53.235 (47.609) 37.169 Total funds 177,323 871.347 853.526 195.144 Page 42 Upbeat Communities Notes to the Financial Statements for the Year Ended 31 March 2024 Charity Balance at i April 21J23 Resources expended Balanee at 31 March 2024 resourees Unresiritted funds GeKer&l General funds 98.724 739,959 (617.889) 220,794 Designoled Designated Fund5 60,OIKI 60,000 Total unre5trieted funds 158.724 739,959 (617,889) 280,794 Restricted funds City of Sanctuary Duke of Devonshire Fund ESOL HOST- Derby Linconshire Ukraine Coordination LVET Ukrnine Project Thriving Pla¢¢s Welcome Box¢5 Upbeat Youth 4.300 {3,969) {5,000) {786) {5.485) Q4,391) {14.170) (97,553) (15.638) 331 5.0(Kl 527 2,400 192 2,141 3.835 9,128 24,391 7.947 96.9L 6.223 653 15.638 6,000 6.000 Total restricied funds 37.169 142.130 (166,992) 12.307 Total funds 195.893 882,089 (784,881) 293.101 Page 43 Upbeat Communities Notes to the Financial Statements for the Year Ended 31 March 2024 Charity Prior Period Balance st I April 2022 Incoming resources Resourees expended Balance 9131 March 2023 Unrestricted funds General hnds 85,780 770.707 (757.763) 98,724 Designttied Designated Funds 60,000 60,000 Tot31 unrestrÉcted funds 145.780 770.707 757.763 158,724 Restri¢t¢d funds Duke of Devonshire Fund ESOL HOST- Derby LVET Ukraine Project Thriving Places Welcome Boxes 5,000 1,4 9.433 5.000 527 9.128 6,223 653 15.638 (945) (2.305) (30.832) (13,527) 2.000 37.055 14.180 15,638 Total restricted funds 31.543 53,235 (47,609 37,169 Tot31 funds 177.323 823.942 805.372 195.893 Page 44 Upbeat Communities Notes to the Financial Statements for the Year Ended 31 March 2024 The specific purposes for which the fijnds are to be applied a￿ as follow5- City of San¢tyary Holding of funds on behalf of the Derby City of Sanctuary NetworK an informal network of organisations acros5 the ity creating a culture Of w¢l¢ome for those seeking sancruary. Duke of Devonshire Fund A grant toward5 rent and staff costs to run our Integration Hub. ESOL- English for Speakers of Other Languages Provision of English Classe5 to refugees and asylum seekers. HOST Derby Host Derby provid¢5 accommodation for destitute asylum 5¢¢k¢r5 and newly granted refugees Wlth volunteer hosts in Derby and Dtrbyshire. Lincolnshire Ukraine CoordKnation To provide Coordination support w th¢ volunlary Wtor in LÉncolnshire &% part of the Homes for Ukraine response. LVET Ukraine Project To Provide coordination support to the volwjtary sector in Lincolnshir¢ &5 Part of the Htsrnes for Ukraine response. Thriving Places A grant from the National Lottery Sjnding one to on¢ and group support to asylum 5eek¢rs and re￿geeS in Derby. Upbeat Youth A fijnd set aside for the Upbeat Youth progrdmme. Welcome Boxes Provides welcome and befriending support to n¢w arrivals in De￿Y as well as refe￿ing to otheT local services and referring on to other Upbeat services. Designated fund This is a fi￿d set aside in ease of a shu￿OWn e¥enL to cover redundancy and notice period expenses. Page 45 Upbeat Communities Notes to the Financial Statements for the Year Ended 31 March 2024 20 Analysis of net asset$ between funds Croup Total fvnds at 31 March 2024 Unrtsirieted funds General Designxted Re5trict¢d ruNds Tangible fixed assets Current assets Current liabilities Creditors over l year 4.650 366,726 (130.212) (21.343) 4.650 439,033 (130,212) (21.343) 60,￿0 12,307 Total net assets 219.821 60,000 12.307 292.128 Total funds at 31 March 2023 Unrestricted funds Gen¢r•l Designated Restricted funds Tangible fixed asseis Current assets Current liabilities Creditors over l year 3.763 215.776 (93.92n (27,63 3,763 312,945 (93.927) (27,637) 60,0(KI 37,169 Totsl net assets 97.975 60.000 37.169 195,144 Page 46 Upbeat Communities Notes to the Financi21 Statements for the Year Ended 31 March 2024 Charity Total fvnd$ at 31 Marth 2024 Unrestricted futtd5 General Designated Restricted funds Tangible fix¢d ass¢ts Current assets Current Itabilities Creditors over l year 4.650 331.345 (93.858) (21.343) 4.650 403.652 (93.858) (21.343 60,0 12,307 Total net assets 220,794 60.0(NJ 12.307 293,101 Total funds at 31 March 2023 Unrestrbcted funds Gener41 Designated Restrrcted runds Tangible fixed a55ets Current a55ets Current liabilities CTediior5 over l year 3,763 211.236 (88,638) (27,637) 3,763 308,405 (88,638) (27.637) 60.000 37.169 Total net assets 98.724 60.000 37,169 195 893 21 Analysis of net funds Group At l April 2023 Financing c35h nows Other non cash changes At31 March 2024 Cash at bank and in hand Debt due within one year D¢bt due after more than one y¢ar 161.688 (8.333) (27.637) 100,107 6,879 261,795 (7,748) (21,343) (6.294) 6,294 Net debt 125.718 At l April 2022 106.986 Financing eash flows 232.704 At31 March 2023 Other non cash chang Cash ai bank and in hand Debt due within one year Debt due after more than one year 164,713 (4.728) 40.544) (3,0251 9,302 161,688 (8,333) 27,637 (12,907) 12.907 Net debt 119.441 6277 125.718 Page 47 Upbeat Communities Notes to the Financial Statements for the Year Ended 31 March 2024 Charity At l April 2023 Financing cash nows Other non ¢85b change5 At 31 Mareh 2024 Cash at bank and in hand Debt due within one year Debt due after more than one year 156,465 18,333) (27,637) 120,495 At l April 2022 74,454 6,879 230.919 {7.748) (21.343) (6,294) 6,294 Net debt 81,333 Financing cash flows 201.828 At JI March 2023 Other non cash chang Cash at bank and in hand Debt due within one year Debt due after more than one year 164,713 (4,728) 40,544 (8.248) 9,302 156.465 {8.333) (27.637 (12,907) 12,907 Nei debi 119,441 ,054 120.495 22 Related party transactions Group There were no related party transactions in the year. Charity Durino the year the charity rnade the following related party trdnsactions: Upbeat Enterprises Limited (Upbeat Enterprises Limiied (14098477) 15 a IOOVO owned subsidiary of Upbeat CotTllnunitie5.) Upbeat provided cleaning service5 at 8rn)s length value of £1,849 (2023.. £nil.) A grdnt of £15.000 was given to Upbeat Enterprises Lirnited during the year (2023.. £nil.). At the balance sheet dale ihe amount due from Upbeat Entetpris¢s Lirnited w&% £51,251 (2023 - £21,092). Page 48