2022-03-31-accounts

fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
108,447
**Charitable activities**
4
Education and life skill development
programmes
1,000
Other trading activities
3
10,029
**Total**
119,476
**EXPENDITURE ON**
Raising funds
5
5,913
**Charitable activities**
6
Education and life skill development
programmes
9,540
**Total**
15,453
**NET INCOME**
104,023
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
233,996
**TOTAL FUNDS CARRIED FORWARD**
338,019|Restricted
fund
£
-
392,215
18
392,233
1,554
344,708
346,262
45,971
216,311
262,282|31.3.22
Total
funds
£
108,447
393,215
10,047
511,709
7,467
354,248
361,715
149,994
450,307
600,301|31.3.21
Total
funds
£
65,205
418,465
511
484,181
10,456
338,681
349,137
135,044
315,263
450,307| |---|---|---|---| The notes form part of these financial statements Page 4 ## Child Safe Foundation Balance Sheet 31 March 2022 |Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
12
881
**CURRENT ASSETS**
Debtors
13
-
Cash at bank and in hand
337,138
337,138
**CREDITORS**
Amounts falling due within one year
14
-
**NET CURRENT ASSETS**
337,138
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
338,019
**NET ASSETS**
338,019
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
fund
£
5,246
-
272,001
272,001
(14,965)
257,036
262,282
262,282|31.3.22
Total
funds
£
6,127
-
609,139
609,139
(14,965)
594,174
600,301
600,301
338,019
262,282
600,301|31.3.21
Total
funds
£
6,714
2,160
470,348
472,508
(28,915)
443,593
450,307
450,307
233,996
216,311
450,307| |---|---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The financial statements were approved by the Board of Trustees and authorised for issue on The notes form part of these financial statements Page 5 continued... Child Safe Foundation Balance Sheet - continued 31 March 2022 ............................................ and were signed on its behalf by: Dean Maxin - Trustee The notes form part of these financial statements Page 6 ## Child Safe Foundation ## Cash Flow Statement |for the Year Ended 31 March 2022
Notes
1
Finance costs paid
Net cash provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Net cash used in investing activities
**Change in cash and cash**
**equivalents in the reporting**
**period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the**
**end of the reporting period**|31.3.22
£
139,843
(288)
139,555
(764)
(764)
138,791
470,348
609,139|31.3.21
£
156,097
(288)
155,809
(5,377)
(5,377)
150,432
319,916
470,348| |---|---|---| The notes form part of these financial statements Page 7 ## Child Safe Foundation ## Notes to the Cash Flow Statement for the Year Ended 31 March 2022 ## **1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES** |**Net income for the reporting period (as per the Statement**
**of Financial Activities)**
**Adjustments for:**
Depreciation charges
Finance costs
(Decrease)/increase in creditors
**Net cash provided by operations**|31.3.22
£
149,994
1,351
288
(11,790)
139,843|31.3.21
£
135,044
2,971
288
17,794
156,097| |---|---|---| ## 2. **ANALYSIS OF CHANGES IN NET FUNDS** |**Net cash**
Cash at bank and in hand
**Total**|At 1.4.21
Cash flow
At 31.3.22
£
£
£
470,348
138,791
609,139
470,348
138,791
609,139
470,348
138,791
609,139| |---|---| The notes form part of these financial statements Page 8 Child Safe Foundation Notes to the Financial Statements for the Year Ended 31 March 2022 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. Page 9 continued... Child Safe Foundation Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ## **1. ACCOUNTING POLICIES - continued** ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |**2.**
**DONATIONS AND LEGACIES**
Donations
**3.**
**OTHER TRADING ACTIVITIES**
Commissioned work
Commission
Apprenticeship incentive
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
YEF
Education and life skill development
programmes
Grants
Education and life skill development
programmes|31.3.22
£
108,447
31.3.22
£
10,029
18
-
10,047
31.3.22
£
390,000
3,215
393,215|| |---|---|---| Page 10 continued... ## Child Safe Foundation Notes to the Financial Statements - continued for the Year Ended 31 March 2022 |**5.**
**RAISING FUNDS**
**Raising donations and legacies**
Fund raising expenses
**Other trading activities**
Purchases
Aggregate amounts
**6.**
**CHARITABLE ACTIVITIES COSTS**
Direct
Costs
£
Education and life skill
development programmes
353,830
**7.**
**SUPPORT COSTS**
Education and life skill development
programmes
**8.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
Other operating leases|31.3.22
31.3.21
£
£
3
1
31.3.22
31.3.21
£
£
7,464
10,455
7,467
10,456
Support
costs (see
note 7)
Totals
£
£
418
354,248
Finance
£
418
31.3.22
31.3.21
£
£
1,351
2,971
48
-| |---|---| Page 11 continued... Child Safe Foundation Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ## **9. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. ## **10. STAFF COSTS** |Wages and salaries
Social security costs
Other pension costs|31.3.22
£
258,341
20,262
2,638
281,241|31.3.21
£
241,096
17,355
3,795
262,246| |---|---|---| The average monthly number of employees during the year was as follows: |31.3.22
Staff
10
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted Restricted
fund
fund
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
65,205
-
**Charitable activities**
Education and life skill development
programmes
7,000
411,465
Other trading activities
-
511
**Total**
72,205
411,976
**EXPENDITURE ON**
Raising funds
10,131
325
**Charitable activities**
Education and life skill development
programmes
6,159
332,522|31.3.21
8
Total
funds
£
65,205
418,465
511
484,181
10,456
338,681| |---|---| ## **11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** Page 12 continued... ## Child Safe Foundation Notes to the Financial Statements - continued for the Year Ended 31 March 2022 |**11.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**| |---|---|---|---|---| |||Unrestricted|Restricted|
Total| |||fund|fund|funds| |||£|£|£| ||**Total**|16,290|332,847|349,137| ||**NET INCOME**|55,915|79,129|135,044| ||**RECONCILIATION OF FUNDS**|||| ||**Total funds brought forward**|178,081|137,182|315,263| ||**TOTAL FUNDS CARRIED**|||| ||**FORWARD**|233,996|216,311|450,307| |**12.**|**TANGIBLE FIXED ASSETS**|||| |||||Computer| |||||equipment| |||||£| ||**COST**|||| ||At 1 April 2021|||11,881| ||Additions|||764| ||At 31 March 2022|||12,645| ||**DEPRECIATION**|||| ||At 1 April 2021|||5,167| ||Charge for year|||1,351| ||At 31 March 2022|||6,518| ||**NET BOOK VALUE**|||| ||At 31 March 2022|||6,127| ||At 31 March 2021|||6,714| Page 13 continued... Child Safe Foundation Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ## **13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Prepayments
**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Social security and other taxes
Other creditors
Accrued expenses
**15.**
**MOVEMENT IN FUNDS**
At 1.4.21
£
**Unrestricted funds**
General fund
233,996
**Restricted funds**
Youth Endowment Fund
216,311
**TOTAL FUNDS**
450,307
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
119,476
**Restricted funds**
Youth Endowment Fund
392,233
**TOTAL FUNDS**
511,709|31.3.22
£
-
31.3.22
£
14,293
672
-
14,965
Net
movement
in funds
£
104,023
45,971
149,994
Resources
expended
£
(15,453)
(346,262)
(361,715)|31.3.21
£
2,160
31.3.21
£
26,008
958
1,949
28,915
At
31.3.22
£
338,019
262,282
600,301
Movement
in funds
£
104,023
45,971
149,994| |---|---|---| Page 14 continued... Child Safe Foundation Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ## **15. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |||Net|| |---|---|---|---| |||movement|At| ||At 1.4.20|
in funds|31.3.21| ||£|£|£| |**Unrestricted funds**|||| |General fund|178,081|55,915|233,996| |**Restricted funds**|||| |Youth Endowment Fund|137,182|79,129|216,311| |**TOTAL FUNDS**|315,263|135,044|450,307| |Comparative net movement in funds, included in the above are as||follows:|| ||Incoming|
Resources|Movement| ||resources|
expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|72,205|(16,290)|55,915| |**Restricted funds**|||| |Youth Endowment Fund|411,976|(332,847)|79,129| |**TOTAL FUNDS**|484,181|(349,137)|135,044| |A current year 12 months and prior year 12 months combined position is as follows:|||| |||Net|| |||movement|At| ||At 1.4.20|
in funds|31.3.22| ||£|£|£| |**Unrestricted funds**|||| |General fund|178,081|159,938|338,019| |**Restricted funds**|||| |Youth Endowment Fund|137,182|125,100|262,282| |**TOTAL FUNDS**|315,263|285,038|600,301| Page 15 continued... Child Safe Foundation Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ## **15. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Youth Endowment Fund
**TOTAL FUNDS**|Incoming
resources
£
191,681
804,209
995,890|Resources
expended
£
(31,743)
(679,109)
(710,852)|Movement
in funds
£
159,938
125,100
285,038| |---|---|---|---| ## **16. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2022. Page 16 ## Child Safe Foundation |Detailed Statement of Financial Activities
for the Year Ended 31 March 2022
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Other trading activities**
Commissioned work
Commission
Apprenticeship incentive
**Charitable activities**
YEF
Grants
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Fund raising expenses
**Other trading activities**
Programme expenses
**Charitable activities**
Wages
Social security
Pensions
Rent
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Sundries
Consultancy
Accountancy
Carried forward|31.3.22
£
108,447
10,029
18
-
10,047
390,000
3,215
393,215
511,709
3
7,464
258,341
20,262
2,638
48
342
755
4,394
574
1,666
2,160
139
43,796
5,040
340,155|31.3.21
£
65,205
-
11
500
511
380,000
38,465
418,465
484,181
1
10,455
241,096
17,355
3,795
-
-
691
3,873
540
2,021
6
473
43,200
-
313,050| |---|---|---| This page does not form part of the statutory financial statements Page 17 ## Child Safe Foundation |Detailed Statement of Financial Activities
for the Year Ended 31 March 2022
**Charitable activities**
Brought forward
Professional fees
Counselling
Website IT and computer costs
Subscriptions
Travel
Cleaning
Staff Training
Repairs and renewals
Uniforms
Staff welfare
Computer equipment
**Support costs**
**Finance**
Bank charges
Interest paid
Total resources expended
**Net income**|31.3.22
£
340,155
204
915
1,350
66
1,365
582
4,391
2,981
-
470
1,351
353,830
130
288
418
361,715
149,994|31.3.21
£
313,050
300
2,475
9,022
361
592
488
6,050
747
2,253
-
2,971
338,309
84
288
372
349,137
135,044| |---|---|---| This page does not form part of the statutory financial statements Page 18