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2024-03-31-accounts

Annual Report and Accounts 2023 - 2024

Contents Page
Chair’s Introduction 2
Reference and Administrative Details 4
Governance and Management 4
Objectives and Activities 5
Achievements and Performance 6
Public Beneft Statement 10
Financial Review 11
Independent examiner's report on the accounts 13
Statement of Financial Activities and Notes to the Accounts 14

Charity Number: 1163318

We Are Family Annual Report and Accounts 2023-24

Chair’s Introduction

[1st April 2023 - 31st March 2024]

Over the last year We Are Family (WAF) has continued to provide increasingly varied and regular opportunities for peer connection for adoptive families and prospective adopters. Our delivery of in-person services has grown to include the South East of England (as well as London), and we have increasing digital engagement across the UK, with growing numbers of members in around 110 local authorities, due to the accessibility of our online support provision. Our members, partners and their children add up to a reach of approximately 3500 people. Through building solidarity and connection for adopters, we have contributed to improved wellbeing, improved understanding of how to respond to the potential challenges adopters face, improved strength and resilience in the family. Throughout the year we have advocated for access to the right services at the right time.

It has been over 10 years since we began as a grassroots adoption support community, and only 5 years since we took on our first staff member. We now have the privilege of having 5 members of staff, including dedicated personnel to develop our peer support groups and digital content. We have focussed attention on expanding our volunteer base and ensuring they are well supported through facilitating a volunteer forum and lounge, peer support training, and supervision sessions with a psychotherapist to discuss the joys and challenges stemming from their peer supporter roles. We now have over 50 volunteers supporting the work of WAF in various ways. WAF would not exist without the extraordinary commitment of our volunteers and I must extend the greatest of thanks to them for continuing to keep peer support going for so many families.

I am delighted to share some of the following highlights from this year:

In the coming months, we will be releasing our new “Events” feature in our database which will continue to ease administrative pressures from our volunteers who run support groups, will enable us to more effectively promote groups and will greatly improve the accuracy of our attendance data. We are also in the process of developing an app interface to enable our membership to access the Hub from their mobile devices.

Later this year, we are going to focus our content development on the topic of education, which we know provides challenges for all of our members at some point in their adoption journey. We also plan to develop our cultural and sporting connections offer.

Alongside these specific projects we are also hoping to continue to expand the number of in-person peer support groups available to our membership through exploring new and existing relationships with RAAs and VAAs across the country.

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We Are Family Annual Report and Accounts 2023-24

Ultimately, we have ambition to create large-scale improvement to the well-being of adoptive parents and their children, improved understanding of how to respond to the challenges they face and improved strength and resilience in the family. These outcomes reduce the need for families to resort to professional support, reducing pressure on local authorities and generating positive narratives about adoption. Thank you for being part of our incredible support community as we continue this journey.

You can read more details about many of these points in the following formal trustees’ report.

Mark Hoult-Allen Chair

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We Are Family Annual Report and Accounts 2023-24

The trustees of We Are Family CIO present their ninth annual report, covering the twelve months ended 31 March 2024 (‘the year’).

Reference and Administrative Details

The charity, We Are Family, is a charitable incorporated organisation which was registered with the Charity Commission of England and Wales on 26[th] August 2015. The charity’s registration number is 1163318. The charity does not have any offices or other premises; its registered address is 27 Old Gloucester Street, London WC1N 3AX.

The names of all those who served as the charity’s trustees during the year, and subsequently, are given below (in alphabetical order by surname), with the start and end dates of the term of office of each given, where relevant:

Name Start End
Amy Burns-Thomson 01.06.23
Esi Cathline 01.03.22
Mike Clarke 01.03.22
Liz Davenport (previously Hocter) 08.02.21
Anita Goveas 01.06.23
Mark Hoult-Allen 18.11.19
Diane McGrath 14.09.20
Stuart Meek 08.02.21 07.02.24
Sophie Miller 01.09.23
Sobia Shamim 08.02.21
Anne-Marie Strong 01.07.23 07.02.24
Andrew Taylor-Dawson 08.06.20
David Tickner 01.06.23 16.10.23
Anna Willow 01.03.22
Stephanie Wong 08.02.21 07.02.24

Governance and Management

We Are Family existed as an unincorporated organisation before its registration as a charitable incorporated organisation in August 2015. It was originally founded in 2013 by a small group of adoptive parents to provide locally based peer-to-peer support for adoptive parents. From one group in Hackney and Islington, the organisation grew to seven groups in just over two years. Registration as an incorporated charity was sought to support the organisation’s growth, facilitate future fundraising and consolidate its existing reputation within the adoption field.

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We Are Family Annual Report and Accounts 2023-24

The charity’s constitution provides for the appointment of trustees by the board of trustees, having regard to the skills, knowledge and experience needed for the effective administration of the charity. The charity’s trustees from time to time are its only legal members (to be distinguished from adopters and prospective adopters who have joined one of the charity’s groups and who are referred to elsewhere in this report as ‘members’).

During the year, the board maintained an ongoing trustee recruitment process with the appointment of five trustees. The trustees wish to thank Stuart Meek, Sobia Shamim, Anne-Marie Strong, David Tickner and Stephanie Wong, who left the board during the year.

The board has four regular board meetings a year whilst also constituting two Away Days each year as board meetings, which means the board meets formally at least six times a year. Meetings during the year continued to be focussed on overseeing the strategy and operations of the charity and the provision of services to members, setting up and reviewing policies and systems for running the charity; and securing funding to ensure the sustainability of the charity.

The work of the board is supported by two standing committees, the Finance, Fundraising and Resources Committee and the Programmes and Strategy Committee.

Objectives and Activities

We Are Family’s objects are to promote the health and wellbeing of prospective adopters and adopters. This covers the predictable stresses, strain and sense of isolation that comes with being an adoptive parent and in parenting traumatised children. There is a lack of targeted and tailored peer support for adoptive parents during the adoption journey and so We Are Family’s key objective is the improved wellbeing of adopters through regular peer support opportunities both online and in person.

The charity’s vision is: “We want to see a world in which adoptive parents and prospective adopters feel connected, benefit from peer support and are part of a community which enables them to thrive." Its mission is to work “to ensure that adoptive parents and prospective adopters are part of a community, offering each other support, from a place of lived experience, through the highs and lows of parenting”.

The activities of We Are Family fall into the following areas:

Our strategic plan for 2023-26 are shown below in Figure 1.

Figure 1

SA1: Build & maintain strong foundations “A strong organisation”

SA2: Deepen & expand reach and engagement “More members who are engaged and co-producing”

SA3: Grow targeted service offer “Getting more stuff relevant to them”

SA4: Become a known voice on adopter issues “Sharing their experiences to effect change”

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We Are Family Annual Report and Accounts 2023-24

Achievements and Performance

Infrastructure and Governance

Staffing - We had been operating a flat staffing structure until 2023, with the oversight conducted by the Chair and Board of Trustees which was not sustainable in the longer term for the charity’s growth. A restructuring process took place, with the internal appointment of a Director, promotion of the Operations Manager to the Head of Operations and all other staff roles managed by the Head of Operations. We appointed an Operations Assistant to support cover for the parental leave of the Head of Operations in 2024.

System upgrades - We further developed our Member Hub to improve feedback mechanisms, promote events and reduce the admin burden on staff and volunteers, which was growing as the organisation’s activities grew.

Scaling model development - We have used the work we did with a Regional Adoption Agency in the South East as a pilot to develop a framework through which we can develop more partnerships and funding relationships, which has made commencing partnership conversations much clearer.

Volunteers - With the growth of We Are Family, has come the need to scale our volunteer base and resources accordingly. Given the challenging landscape for adopters - their children have experienced early childhood trauma and are likely to have some form of Special Educational Needs (SEN) - adoptive parents experience higher than average pressure on their families, meaning their capacity to volunteer can be challenging. In response, we have continued to develop a quality package of support for our volunteers, including regular supervision with our Community Engagement and Development Manager (CDEM).

Service Delivery

From in-person and online peer support groups, to playgroups, picnics and our developing programme of creative sessions; providing opportunities for our members to connect and forge friendship and community remains at the heart of We Are Family. We are proud of the following achievements this year:

Peer Support Opportunities & Family Friendly Events

A dopters/prospective adopters connect across various groups. We train and supervise our Peer Support Group Facilitators via our bespoke programme, and they go on to offer parent meet-ups, playgroups, walking groups, creative workshops, park meetups, picnics, and more. This yea we have delivered:

“Simply the act of taking part in a series of sessions has provided me with a sense of momentum for starting a peer support group from scratch – I couldn’t visualise it before the training.”

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We Are Family Annual Report and Accounts 2023-24

“I have always found it hard to make time for self-care, and it dawned on me that the [peer support training] course wasn’t so much about running a group, or even about self-care, but that the course was self-care.” WAF Peer Support Attendee

Digital WAF Talks programme and The Member Hub

We offer regular webinars, workshops hosted by expert speakers, member resource recommendations and articles.

‘Adoption Shared’ Podcast - engaging the extended adoption community with personal stories of adoption that inform, support and amplify the ‘adopter voice’.

An inspiring and informative blog , regularly written by adoptive parents.

Influencing and promotion of adopter voices through our relationships with service providers on key issues such as the lack of trauma-informed training in schools, the complexity of the adoption process and the particular systemic disadvantages for black children in care and the issues facing Black adopters. We also have a seat on the Adopter Reference Group at the Department for Education where we share the experiences of our members to directly influence policy development.

Membership & Impact

In both 2019 (original database launch) and 2021 (database v2 launch) there were big system changes which meant that member totals dropped down and then up again, as some current members did not rejoin the new system but new people joined. We have also periodically cleaned up data, removed accounts, and fixed bugs so our membership totals go up and down, rather than just up. However, our growth is clearly shown in the table below (Figure 2).

Figure 2

Year Ended Membership Numbers
31st Dec 2019 449
31st Dec 2020 735
31st Dec 2021 637
31st Dec 2022 1054
To 31st July 2023 1252
To 31st May 2024 1479

We ran a survey in September 2023, to gather member feedback across our services, communications and to help shape the next season of programmes and support. Key learnings from this survey include:

Connection & Relationship

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We Are Family Annual Report and Accounts 2023-24

From in-person and online peer support groups, to playgroups, picnics and our developing programme of creative sessions; providing opportunities for our members to connect and forge friendship and community remains at the heart of We Are Family.

In terms of our outcomes and impact in this area,

We regularly receive feedback such as this from our members:

“It's given me deep and lasting friendship, a sense of belonging, a place to go. I don't know where I would be without it.”

Information & Inspiration

Our digital Member Hub now holds over 93 recorded WAF Talks offering information and support across a vast range of subjects; alongside articles, books, training opportunities and much more. We continue to offer inspiration within our member-generated blog featuring candid, hopeful and authentic accounts of adoption and related subjects; and also via the new addition of our podcast, Adoption Shared (23 podcast episodes, over 12.5k downloads).

The impact of these programmes has been that 83% of members agree or strongly agree that since joining WAF, they have access to more resources, information and support to manage the challenges of adoptive parenting.

“I felt very alone dealing with the challenges of adopting children that experienced so much trauma, meeting experienced adopters gave me more confidence and helped me feel I was not a rubbish parent. The support provided by other adopters was inspiring.” WAF member

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We Are Family Annual Report and Accounts 2023-24

“I’ve been lucky enough to hear from some hugely knowledgeable people who have given me a lot of resources and insight for my parenting journey.” Podcast Listener

Amplifying Voices

WAF sits on the Adopter Reference Group (ARG) at the Department for Education. It's a direct route for providing adopter feedback to policy makers. WAF has also contributed to a number of research initiatives over the past few years, including a study into the experiences of adoptive parents with birth children led by the Rees Centre, Department of Education, University of Oxford. We have also established a working group to focus on the needs of adoptive families within the education system, and we continue to work closely with Adopt London to support their Black Adoption Project to better understand and evolve the experiences of Black adopters.

We know our members have messages they would like to communicate the the relevant authorities on the issues they experience:

“I’ve grown in confidence, as a parent and as an adoption/education advocate. Through WAF links we've managed to get real change and training going at our school.” WAF member

Fundraising and Partnerships

We acknowledge that one organisation alone cannot change adoption support, advocate and inform. We believe a whole system approach is needed. We are committed to sharing knowledge, learning and lessons beyond our own context. To this end, we work to build strategic partnerships with key stakeholders, including Regional Adoption Agencies (RAAs), Voluntary Adoption Agencies (VAAs), other charities in the sector and policy decision-makers, to share our members’ voices and promote the critical importance of peer connections.

We Are Family is also very grateful to various trusts and foundations, organisations and individuals who provided funds to support the continued development of the charity.

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We Are Family Annual Report and Accounts 2023-24

Public Benefit Statement

The Trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties and in offering peer-to-peer adopter-led support, through its local and cross-London groups and online service provision.

We Are Family supports the well-being of both adoptive parents and prospective adopters. This is of benefit to both individual adopters, in reducing the stresses and strains of adopting, and their families. Membership of We Are Family, and access to its support network and other services, is offered on an open basis, the only requirement being verification of adopter status by a social worker (at Stage 2 of the adoption process or further).

The charity offers its services free and arranges activities so that they can be accessible to as many parents as possible, and to those with children of a variety of ages. We Are Family strives to be open to all sections of the community and sees developing this as a key aspect of its work. We Are Family continued to reimburse parents attending the single parent support groups for childcare costs, so that those members could more easily attend. The charity also continues to explore how to meet the needs of specific communities, such as BAME and trans-racial adopters.

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We Are Family Annual Report and Accounts 2023-24

Financial Review

Summary

During the year ended 31 March 2024 We Are Family raised £125,438 (prior year: £99,294) and spent £114,557 (prior year: £103,107).

Sources of income

£47,000 of restricted funding was received from the Adopt London consortium of regional adoption agencies, £12,000 from City Bridge Trust, £8,375 from Adoption Partnership South East and £5,365 from Tudor Trust amongst other restricted grants and donations.

£17,000 of unrestricted income was received from The Tudor Trust, £5000 from the Pears Foundation and other smaller amounts were raised through The Big Give and Magic Little Grants, amongst other sources, including individual giving.

£18,000 was raised through the sale of our digital Hub codebase.

Unrestricted funds

£47,010 (prior year: £39,189) of unrestricted funding was raised during the year. Expenditure was £33,676 (prior year: £43,042). Total unrestricted reserves at the year-end were £39,433 (prior year: £26,098).

Restricted funds

£78,428 (£60,105) of restricted funding was raised during the year. Expenditure of £80,881 (£60,065) was offset against this leaving a deficit of -£2,454. Total restricted reserves at the year-end were £39,096 (£41,550).

The £39,096 left in restricted reserves at the end of the year is due to be spent on staff and project costs in the 2024/25 financial year.

Basis of Preparation

The accounts for the year are drawn up on an accruals basis. Further details are noted in the accounting policies note (1) appended to the accounts. No funds were or are held as a custodian on behalf of others.

Independent Review

The accounts for the year ended 31 March 2024 have been independently reviewed with the independent examiner confirming that accounting records have been adequately kept, the submitted accounts correspond with those accounting records and that there are no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts.

Reserves Policy

The Board of Trustees has agreed an increased reserves policy whereby the unrestricted funds not committed should provide sufficient funding for an orderly wind down of the charity if necessary at some future date. The policy aims to keep reserves equivalent to three months of general operating expenses plus one to two months’ worth of staff costs, currently calculated in total at £13,100.

Total unrestricted reserves at the end of the year were £39,433 of which £13,100 has been earmarked in accordance with the reserves policy, leaving £26,333 in general unrestricted reserves which is due to be spent on core and project costs in 2024/25.

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We Are Family Annual Report and Accounts 2023-24

Funding received since the year end

Since the year end the following significant funding has been gratefully received by We Are Family:

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We Are Family Annual Report and Accounts 2023-24 Independent Examinerjs Report Independent ￿￿MIne￿5 report to the trustee5 ofwe Are Famity I report to the trustees on my e>3mination ofthe accounts of the We are Family Ithe Charity) for the year ended 31 March 2024 Responsibilltles and basis of report A5 the charity tnJstee5 of the Charty* you are responslble for the preparation of the accounts in accordance with the requlrements of the Charitte5 Att 20111.the Act,). I report in respert of my examination of the Charit￿$ accounts carried out ijnder section 145 of the 2011 Act and in carrying OLrt my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the ACL Independent examinerfs Statement I have completed my examination. I confirm that no material matters have come to my attention in tonnection wlth the examination sivin8 me cause to believe that in any material respert: l. accounting records were not kept in respect of the Charity as required ty section 130 of the Act,. or 2. the accounts do not accord with those records: or 3. the accounts do not comply viith the applicable requirements concerning the forni and content of accounts set out in the Charities (Accounts and Reports) Regulations 2(M)8 other than any requlrement that the accounts grve a'true and fairmew which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Si8ned.' Name: Trdwskates Fellow Chartered & Certified Accountant Address: 15 Menmarsh Road, Wonninghall. HP18 9JT Date: 9 September 2024 13

We Are Family Annual Report and Accounts 2023-24

Statement of Financial Activities For the Year Ended 31 March 2024

£
Notes
Income from Endowments
From:
Donations and Legacies
Fundraising Events
Trading Income
Interest Received
Total
Expenditure On:
Raising Funds
Charitable Activities
Total
Net Income / Expenditure
3, 4
Transfer Between Funds
Reconciliation of Funds
Total Funds Brought
Forward
Total Funds Carried
Forward
Unrestricted
Funds
Restricted
Funds
2024
2023
47,010
78,428
125,438
99,294
-
-
-
-
-
-
-
-
-
-
-
-
47,010
78,428
125,438
99,294
-
-
-
-
33,676
80,881
114,557
103,107
33,676
80,881
114,557
103,107
13,335
(2,454)
10,881
(3,813)
-
-
-
-
26,098
41,550
67,647
71,461
39,433
39,096
78,529
67,647

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We Are Family Annual Report and Accounts 2023-24

Statement of Financial Position

For the Year Ended 31 March 2024

£
Notes
Tangible Assets – Member Hub Software &
Website
2
Cash at bank and in hand
Other debtors
Prepayments and accrued income
Creditors: Amounts Falling Due Within
One Year
Net Current Assets (Liabilities)
Total Assets less Current Liabilities
Accruals and deferred income
Net assets
The Funds of the Charity
Restricted Income Funds
Unrestricted Income Funds
Total Funds
2024
23,858
61,658
-
-
(6,987)
54,671
78,529
-
78,529
39,096
39,433
78,529
2023
22,393
47,864
727
-
(3,336)
45,254
67,647
-
67,647
41,550
26,098
67,647

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We Are Family Annual Report and Accounts 2023-24

Notes to the Financial Statements

For the Year Ended 31 March 2024

1.Accounting Policies

Basis of Accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)’. Financial reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.

We Are Family CIO meets the definition 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 note(s).

Tangible assets and depreciation

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

We Are Family made a significant investment towards the construction of a database and a website, both of which are expected to have a useful economic life of 10 years.

Software & Websites 10% straight line

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We Are Family Annual Report and Accounts 2023-24

2.Tangible Assets

Cost or Valuation
At 1 April 2023
Additions
At 31 March 2024
Depreciation
At 1 April 2023
Charge for the period
At 31 March 2024
Net book value
At 1 April 2023
At 31 March 2024
Software & Websites
Total
At cost
At cost
27,991
27,991
4,738
4,738
32,729
32,729
5,598
5,598
2,799
3,273
8,871
8,871
22,393
22,393
23,858
23,858

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We Are Family Annual Report and Accounts 2023-24

3. Income and allocated expenditure by donor/fund

BROUGHT Income in Spent in 23/24 Spent in 23/24 CARRIED CARRIED
FORWARD 23/24 FORWARD 24/25
22/23
Restricted
Adopt London Core 341 30,500 19,460 11,381
Adopt London Hub Access (70) - (735) 665
Adopt London Picnics 1,190 - 763 427
Adopt London Podcast 744 4,500 3,485 1,759
Adopt London Talks 5,816 12,000 10,978 6,838
Adopt London - Sub Total 8,021 47,000 33,950 21,071
Adoption Partnership South 2,568
East 8,375 8,727 2,216
Alex Timpson Foundation 2,000 - 152 1,848
City Bridge Trust 12,000 11,383 617
Magic Little Grants 500 639 (139)
Prior Year Operating Balance 28,693 - 15,281 13,412
Tudor Trust Wellbeing Fund 268 3,000 3,581 (313)
Tudor Trust Development
Fund 5,365 5,308 56
Universityof Reading - 2,188 1,860 328
Total Restricted 41,550 78,428 80,881 39,096
Unrestricted
Barnardo’s 18,000 - 18,000
Big Give 2,670 3,952 6,249 373
Forrester Family Trust 5,000 - 4,429 571
Garfeld Weston Foundation 3,882 - 3,503 379
Individual Giving 940 1,357 2 2,294
Other (6,663) 701 7 (5,969)
Pears Foundation 5,000 4,429 571
Prior Year Operating Balance 20,269 20,269
Tudor Trust 17,000 15,057 1,943
Woodward Trust 1,000 - 1,000
Total Unrestricted 26,098 47,010 33,676 39,433

From 1 April 2021, We Are Family moved from receipts and payments accounting to accruals accounting, where additional tracking was established. Detailed tracking on activity by donor has been established from this date on, explaining the discrepancy in brought forward reserves versus the balance sheet.

The Prior Year Opening Balance represents in part brought forward funds We Are Family has accrued before this tracking was established. This balance should gradually diminish as future income and expenditure is recorded against the appropriate donors going forward.

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We Are Family Annual Report and Accounts 2023-24

4.Detail of income and expenditure

£ Unrestricted Restricted 2024 2023
Restricted grants - 78,428 78,428 60,105
Other revenue 18,000 - 18,000 -
Unrestricted donations 6,010 - 6,010 9,189
Unrestrictedgrants 23,000 - 23,000 30,000
Donations and Legacies 47,010 78,428 125,438 99,294
FundraisingCosts - - - -
Fundraising Activities - - - -
Advertising & Marketing (186) (860) (1,046) (998)
Audit & Accountancy fees (2,316) - (2,316) (2,139)
Bank Fees (2) (46) (49) (44)
Childcare Costs - Parent - (54) (54) (100)
Reimbursement
Consulting - (6,283) (6,283) (7,188)
Depreciation Expense (1,151) (2,122) (3,273) (2,799)
Direct Expenses - (178) (178) -
Employers National Insurance (212) (337) (549) -
Event Entertainment - (270) (270) (976)
General Expenses - (546) (546) (131)
Guest Speaker Fees - (4,451) (4,451) (6,375)
Insurance - (826) (826) (789)
IT Consultancy - (4,822) (4,822) (8,905)
IT Equipment Expense - (571) (571) (49)
IT Software and Consumables - (4,057) (4,057) (177)
Member Resources (inc Zoom) - - - (2,463)
Other Event Expenses - (491) (491) (150)
Pensions Costs (563) (896) (1,459) (1,319)
Postage, Freight & Courier - (25) (25) (70)
Printing & Stationery - (7) (7) (134)
Recruitment Fees - (787) (787) -
Refreshments - (510) (510) -
Rent - - - (272)
Salaries (28,774) (45,795) (74,569) (63,382)
Small Gifts - (241) (241) (75)
Staff Training - (325) (325) (389)
Staff WFM Expense (472) (750) (1,222) -
Strategy and Training Days - (235) (235) -
Subscriptions - (160) (160) (167)
Telephone & Internet - (96) (96) (96)
Travel - National - (1,462) (1,462) (355)
Venue Hire - (2,492) (2,492) (1,418)
Volunteers - (841) (841) (583)
Website costs - (344) (344) (1,564)
Charitable Activities (33,676) (80,881) (114,557) (103,107)
Net Income / Expenditure 13,335 (2,454) 10,881 (3,813)

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We Are Family Annual Report and Accounts 2023-24

5a Fees for the Examination of the Accounts

The Accountancy fees include the cost for the independent examination of the charities accounts .

5b Staff Costs
No employees received employee benefts (excluding employer pensi
year of more than £60,000
5c Average Staff Headcount This Year Last Year
Average number of staff employed in the 4 3
year
5d Contributions to Pension Scheme This Year Last Year

No employees received employee benefits (excluding employer pension costs) for the year of more than £60,000

Contributions made to a defined contributions scheme all relating to the Unrestricted Fund activities

£ 1459 1319

Basis of Accounting

The accounts were prepared on an accruals basis. The accounts were prepared on a going concern basis.

This report was signed on behalf of the Trustees of We Are Family CIO on 26.09.2024

Mark Hoult-Allen, Chair

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