## **Safety Net (UK)**
**Registration number: 1164998 Annual Report and Financial Statements**
**31 March 2024**
## **Safety Net (UK)**
## **Contents**
|Trustees' responsibilities|1|
|---|---|
|Independent examiner's report|2|
|Statement of financial activities|3|
|Balance sheet|4|
|Notes to the financial statements|5|
## **Safety Net (UK)**
## **Trustees' Responsibilities in relation to the Financial Statements**
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards.
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 as amended by the Charities Act 2022, the Charity (Accounts and Reports) Regulations and the provisions of the trust deed. They are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 1
## **Independent Examiner's Report to the Trustees of**
## **Safety Net (UK)**
I report on the accounts of the charity for the year ended 31 March 2024, which are set out on pages 3 to 18.
Your attention is to drawn to the fact that the Charity has prepared the financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has since been withdrawn.
We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019.
## **Respective responsibilities of trustees and examiner**
The Charity's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of Institute of Chartered Accountants in England and Wales.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act 2011 as amended by the Charities Act 2022; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of the Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
......................................... Martin Borradaile ACA Dodd & Co Limited Chartered Accountants
FIFTEEN Rosehill Montgomery Way Rosehill Estate CARLISLE CA1 2RW
22 October 2024
Page 2
## **Safety Net (UK)**
## **Statement of Financial Activities for the Year Ended 31 March 2024**
|**Note**
**Income and endowments from:**
Donations and legacies
2
Other trading activities
3
Investments
4
Charitable activities
5
Total income
**Expenditure on:**
Costs of generating funds
Raising funds
Charitable activities
Total expenditure
Net incoming resources before transfers
**Transfers**
Gross transfers between funds
Net movements in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Unrestricted**
**Funds**
**£**
34,791
7,604
9,078
25,530|**Restricted**
**Funds**
**£**
30,000
-
-
849,593|**Total Funds**
**2024**
**£**
64,791
7,604
9,078
875,123|**Total Funds**
**2023**
**£**
63,394
14,216
2,112
764,778|
|---|---|---|---|---|
||77,003|879,593|956,596|844,500|
||10,184
11,869|14,383
866,795|24,567
878,664|22,505
811,118|
||22,053|881,178|903,231|833,623|
||54,950
58,958|(1,585)
(58,958)|53,365
-|10,877
-|
||113,908
207,770|(60,543)
193,620|53,365
401,390|10,877
390,513|
||321,678|133,077|454,755|401,390|
The notes on pages 5 to 18 form an integral part of these financial statements.
Page 3
## **Safety Net (UK)**
## **Balance Sheet as at 31 March 2024**
|**Note**
**Fixed assets**
Tangible assets
12
**Current assets**
Debtors
13
Cash at bank and in hand
**Creditors: Amounts falling due within**
**one year**
14
**Net current assets**
**Net assets**
**The funds of the charity:**
**Restricted funds**
**Unrestricted funds**
Unrestricted income funds
**Total charity funds**|**2024**
**£**
**£**
2,264
56,576
512,358
568,934
(116,443)
452,491
454,755
133,077
321,678
454,755|**2023**
**£**
**£**
3,019
64,715
384,913
449,628
(51,257)
398,371
401,390
193,620
207,770
401,390|**2023**
**£**
**£**
3,019
64,715
384,913
449,628
(51,257)
398,371
401,390
193,620
207,770
401,390|
|---|---|---|---|
||||401,390|
||||193,620
207,770|
||||401,390|
The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Approved by the Board on 22 October 2024 and signed on its behalf by:
|.........................................|.........................................|
|---|---|
|J King|E Hancock|
|Trustee|Trustee|
The notes on pages 5 to 18 form an integral part of these financial statements.
Page 4
## **Safety Net (UK)**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **1 Accounting policies**
## **Statement of compliance**
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 as amended by the Charities Act 2022.
The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) rather than the Accounting and Reporting by Charities:Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
## **Basis of preparation**
The charity 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 notes.
## **Going concern**
These financial statements have been prepared on a going concern basis.
## **Fund accounting policy**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Further details of each fund are disclosed in note 17.
Page 5
## **Safety Net (UK)**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
_......... continued_
## **Income and endowments**
Donations and legacies income including donations and grants that provide core funding or are of a general nature is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Income from Government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Deferred income represents amounts received for future periods and is released to 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 future accounting periods; or - The donor has imposed conditions which must be met before the charity has unconditional entitlement.
Income derived from events is recognised as earned (that is, as the related goods or services are provided).
Investment income is recognised on a receivable basis.
Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract or where entitlement to grant funding is subject to specific performance conditions. Grant income included in this category provides funding to support programme activities and is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
## **Expenditure**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of generating funds are the costs of trading for fundraising purposes.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Fixed assets**
Individual fixed assets costing £1000 or more are initially recorded at cost.
## **Depreciation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Fixtures, fittings and equipment
25% reducing balance
## **Cash and Cash Equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Page 6
## **Safety Net (UK)**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
_......... continued_
## **Pensions**
The charity operates a defined contribution pension scheme. Contributions are charged in the statement of financial activities as they become payable in accordance with the rules of the scheme.
## **2 Donations and legacies**
|**Donations and legacies**
Appeals and donations
**Grants**
Lloyds Bank Foundation
Garfield Weston|**Unrestricted**
**Funds**
**£**
9,791|**Restricted**
**Funds**
**£**
-|**Total Funds**
**2024**
**£**
9,791|**Total Funds**
**2023**
**£**
11,144|
|---|---|---|---|---|
||25,000
-|-
30,000|25,000
30,000|27,250
25,000|
||25,000|30,000|55,000|52,250|
||34,791|30,000|64,791|63,394|
Of the donations and legacies income in 2023 £38,394 related to unrestricted funds and £25,000 related to restricted funds.
## **3 Other trading activities**
|**Raising funds**
Fundraising
Events|**Unrestricted**
**Funds**
**£**
7,604
-|**Restricted**
**Funds**
**£**
-
-|**Total Funds**
**2024**
**£**
7,604
-|**Total Funds**
**2023**
**£**
3,542
10,674|
|---|---|---|---|---|
||7,604|-|7,604|14,216|
All of the other trading income in 2023 related to unrestricted funds.
## **4 Investments**
|Interest on cash deposits|**Unrestricted**
**Funds**
**£**
9,078|**Restricted**
**Funds**
**£**
-|**Total Funds**
**2024**
**£**
9,078|**Total Funds**
**2023**
**£**
2,112|
|---|---|---|---|---|
All of the investment income in 2023 related to unrestricted funds.
Page 7
## **Safety Net (UK)**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
_......... continued_
## **5 Charitable activities**
|**Charitable activities**
BBC Children in Need
Ministry of Justice
Francis C Scott
Henry Smith Charity
Copeland Community Fund
CCF/ Sellafield Family Wellbeing
Cumbria County Council/ COMF/ MHCLG
PCC Cumbria
Edward Gostling Foundation
Small grants under £5,000
National Lottery Award for All
National Lottery Community Fund
Cumbria Community Foundation
Together We (Cumbria)
Masonic Charitable Foundation
NHS England
Other income|**Unrestricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
12,500
-
-
-
-
-
-
13,030|**Restricted**
**Funds**
**£**
33,879
229,218
23,400
80,000
26,415
49,130
35,298
157,594
25,000
-
10,000
48,346
10,000
1,813
20,000
99,500
-|**Total Funds**
**2024**
**£**
33,879
229,218
23,400
80,000
26,415
49,130
35,298
157,594
25,000
12,500
10,000
48,346
10,000
1,813
20,000
99,500
13,030|**Total Funds**
**2023**
**£**
39,060
263,065
-
80,000
42,864
34,280
27,493
176,086
10,000
15,050
10,000
54,910
10,000
-
-
-
1,970|
|---|---|---|---|---|
||25,530|849,593|875,123|764,778|
Of the income from charitable activities in 2023 £17,020 related to unrestricted funds and £747,758 related to restricted funds.
Page 8
## **Safety Net (UK)**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
_......... continued_
## **6 Total expenditure**
|**Direct costs**
Fundraising costs
Tools and materials
Wages and salaries
Staff NIC (Employers)
Staff pensions
Birchalls subcontractor for Cumbria PCC
External operational resource
Staff training
Volunteer expenses
Rent and services
Insurance
Repairs and maintenance
Telephone and fax
Office equipment, licenses and computer costs
Printing, postage and stationery
Conference costs
Sundry expenses
Room hire
Travel and subsistence
Communications and marketing
Recruitment expenses
Bank charges
Depreciation of office equipment
**Support costs**
Accountancy fees
Independent examiner's fee
Legal and professional fees|**Raising**
**funds**
**£**
24,567
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
24,567
-
-
-
-
24,567|**Charitable**
**activities**
**£**
-
2,076
500,323
39,179
14,623
71,884
92,341
16,404
629
19,216
6,029
3,856
7,278
23,207
1,394
-
6,758
7,848
18,700
20,987
1,914
42
755|**Total**
**2024**
**£**
24,567
2,076
500,323
39,179
14,623
71,884
92,341
16,404
629
19,216
6,029
3,856
7,278
23,207
1,394
-
6,758
7,848
18,700
20,987
1,914
42
755|**Total**
**2023**
**£**
22,505
4,645
443,180
32,204
11,464
83,686
71,193
21,776
1,245
21,800
6,389
3,659
7,440
15,177
2,233
18,837
8,126
7,454
16,644
7,143
2,299
97
1,006|
|---|---|---|---|---|
|||855,443|880,010|810,202|
|||3,250
750
19,221|3,250
750
19,221|3,250
750
19,421|
|||23,221|23,221|23,421|
|||878,664|903,231|833,623|
Of the expenditure in 2023 £5,082 related to unrestricted funds and £828,541 related to restricted funds.
Page 9
## **Safety Net (UK)**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
_......... continued_
## **7 Governance costs**
|Accountancy fees
Independent examiner's fee
Legal and professional fees|**2024**
**£**
3,250
750
19,221|**2023**
**£**
3,250
750
19,421|
|---|---|---|
||23,221|23,421|
## **8 Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits (2023 - £nil).
During the year ended 31 March 2024, 2 Trustees were reimbursed £255 (2023 - £744) for expenses incurred.
## **9 Net incoming resources**
Net incoming resources is stated after charging:
||**2024**||**2023**|
|---|---|---|---|
||**£**||**£**|
|Depreciation of owned assets||755|1,006|
Page 10
## **Safety Net (UK)**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
_......... continued_
## **10 Employees' remuneration**
The monthly average number of persons (including senior management) employed by the charity during the year was as follows:
|Charitable activities
The aggregate payroll costs of these persons were as follows:
Wages and salaries
Social security
Other pension costs|**2024**
**No.**
21
**2024**
**£**
500,323
39,179
14,623
554,125|**2023**
**No.**
19|
|---|---|---|
|||**2023**
**£**
443,180
32,204
11,464|
|||486,848|
No employee received emoluments of more than £60,000 during the year.
During the period key management remuneration (including trustees) amounted to £137,674 (2023 – £111,989). Safety Net UK has a flat leadership structure consisting of a team of three Heads of Service. Two of these posts are operational and include client based work. One is non operational at a cost of £44,520.
Page 11
## **Safety Net (UK)**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
_......... continued_
## **11 Taxation**
The registered charity is exempt from taxation on income and gains.
## **12 Tangible fixed assets**
|**Cost**
As at 1 April 2023 and 31 March 2024
**Depreciation**
As at 1 April 2023
Charge for the year
As at 31 March 2024
**Net book value**
As at 31 March 2024
As at 31 March 2023|**Fixtures,**
**fittings and**
**equipment**
**£**
18,227|
|---|---|
||15,208
755|
||15,963|
||2,264|
||3,019|
## **13 Debtors**
|Trade debtors
Prepayments and accrued income|**2024**
**£**
-
56,576
56,576|**2023**
**£**
50
64,665|
|---|---|---|
|||64,715|
Page 12
## **Safety Net (UK)**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
_......... continued_
## **14 Creditors: Amounts falling due within one year**
|Trade creditors
Taxation and social security
Other creditors
Accruals and deferred income|**2024**
**£**
10,568
9,274
-
96,601
116,443|**2023**
**£**
7,540
8,013
2,289
33,415|
|---|---|---|
|||51,257|
Creditors amounts falling due within one year includes deferred income:
|Amount deferred in the year
As at 31 March 2024|**2024**
**£**
81,600
81,600|**2023**
**£**
-|
|---|---|---|
|||-|
## **15 Pension scheme**
## **Defined contribution pension scheme**
The charity operates a defined contribution pension scheme. The pension cost charge for the period represents contributions payable by the charity to the scheme and amounted to £14,623 (2023 - £11,464).
Contributions totalling £nil (2023 - £2,289) were payable to the scheme at the end of the period and are included in creditors.
Page 13
**Safety Net (UK)**
**Notes to the Financial Statements for the Year Ended 31 March 2024**
_......... continued_
## **16 Related parties**
## **Controlling entity**
The charity is controlled by the trustees.
## **17 Analysis of funds**
|**General Funds**
Unrestricted income fund
**Restricted Funds**
Children in Need
Garfield Weston
Big Lottery Fund
Ministry of Justice Rape
Support
Cumbria Police and
Crime Commissioner
Copeland Community
Fund
Safety Net Fund
The Henry Smith Charity
CCF/ Sellafield Family
Wellbeing
Cumbria County
Council/COMF/DLUHC
Francis C Scott
Charitable Trust
Edward Gosling
Foundation
National Lottery
Community Fund
Together We (Cumbria)
Masonic Charitable
Foundation
NHS - Contract
NHS - Asylum Funding|**At 1 April**
**2023**
**£**
207,770
4,520
3,908
-
-
72,222
19,603
52,313
30,788
-
336
3,977
5,953
-
-
-
-
-
193,620
401,390|**Incoming**
**resources**
**£**
77,003
33,879
30,000
10,000
229,218
157,594
26,415
-
80,000
59,130
35,298
23,400
25,000
48,346
1,813
20,000
-
99,500
879,593
956,596|**Resources**
**expended**
**£**
(22,053)
(34,133)
(33,908)
(10,000)
(230,321)
(168,971)
(39,384)
-
(110,788)
(59,130)
(35,634)
(27,786)
(27,168)
(48,721)
(1,813)
(20,000)
-
(33,421)
(881,178)
(903,231)|**Transfers**
**£**
58,958
-
-
-
1,103
(60,845)
-
-
-
-
-
409
-
375
-
-
-
-
(58,958)
-|**At 31 March**
**2024**
**£**
321,678|
|---|---|---|---|---|---|
||||||4,266
-
-
-
-
6,634
52,313
-
-
-
-
3,785
-
-
-
-
66,079|
||||||133,077|
||||||454,755|
Page 14
## **Safety Net (UK)**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
_......... continued_
Children in Need - Three year funding (2021-24) This project will deliver specialist support for children and young people who have experienced sexual and/or domestic abuse, violence and exploitation, leading to feeling better, improved relationships and ability to cope.
Garfield Weston Foundation — Supporting adults and children who have been affected by abuse and trauma in Cumbria.
National Lottery (AFA) – Volunteers/tier 4 services.
National Lottery (Community Fund) — Partnership project with The Birchall Trust and Safety Net UK for the provision of a collaborative county-wide trauma informed services for people affected by sexual abuse, rape and sexualised violence.
MOJ (Rape Support Fund) — Contribution towards the provision of support for female and male victims of rape and sexual abuse including child sexual abuse.
Cumbria Police and Crime Commissioner — Funding to provide a counselling service for victims of rape and serious sexual assault in Cumbria.
Copeland Community Fund - School project for 3 years funding, to work in secondary schools across Copeland, providing prevention & early intervention work. This will include 1:1 support and therapy for students, training and support for staff.
Safety Net Fund — This is an internal restricted fund and is an accumulation of the small balances of old restricted funds. As agreed, when possible, with funders for repurposing towards our charitable activities.
Henry Smith Charity - a grant totalling £120,000 towards three years' continuation funding of the running costs of an organisation that supports the recovery of both adults and children affected by rape, sexual and domestic abuse and/or exploitation across Cumbria.
Henry Smith Charity - £40,000 received for three years (£120,000 in total) towards three years' salary and on costs of a freelance Duty and Assessment Practitioner supporting adults and children affected by rape, sexual and domestic abuse and/or exploitation, and negatively impacted by the COVID-19 pandemic, in Cumbria.
Cumbria Community Foundation / Sellafield (Family Wellbeing) - Funding towards the cost of employing a specialist children and young people's practitioner (CYPP) to work with whole families who have experienced abuse including sexual violence, children sexual abuse, exploitation, rape, on-line abuse and domestic violence in West Cumbria.
Cumberland Council – Award of contract and allocation of funds to enable the Authority to meet its Statutory Duty in respect of Domestic Abuse Supported Accommodation- DASA/ housing related therapeutic support for Cumberland Council area.
Francis C Scott Charitable Trust - To support the costs of early intervention / prevention work Tier 1&2 - a grant of £72,600 over 3 years.
Edward Gosling Foundation - a grant of £25,000 towards your operating costs.
Together we (Cumbria) – Complex cases across project / spot purchase agreement.
Masonic Charitable Foundation – 60,000 over 3 years towards the employment of a Children and Young People's Practitioner, providing specialist recovery support to those who have experienced sexual or domestic abuse.
NHS North East & North Cumbria Integrated Care Board (the ICB) - The Recipient provides therapeutic support services for victims of sexual assault within North Cumbria.
Page 15
## **Safety Net (UK)**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
_......... continued_
NHS North East & North Cumbria Integrated Care Board (the ICB) - The Recipient will be working with women and children residing in Cumbria who are seeking Asylum who have been subject to abuse, sexual abuse rape and or exploitation, either in their home country or on their journey to the UK.
Page 16
## **Safety Net (UK)**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
_......... continued_
## **Prior period**
|**General Funds**
Unrestricted income fund
**Restricted Funds**
Children in Need
Garfield Weston
Big Lottery Fund
Ministry of Justice Rape
Support
Cumbria Police and Crime
Commissioner
Copeland Community Fund
Safety Net Fund
The Henry Smith Charity
CCF/ Sellafield Family
Wellbeing
Cumbria County
Council/COMF/DLUHC
Francis C Scott Charitable
Trust
Small grants under £5,000
Edward Gosling Foundation
Survivor Journey Research
National Lottery Community
Fund|**At 1 April**
**2022**
**£**
141,110
-
25,000
-
-
68,550
-
43,943
-
-
73,538
4,502
8,370
5,000
20,500
-
249,403
390,513|**Incoming**
**resources**
**£**
71,742
39,060
25,000
20,000
263,065
176,086
42,864
-
80,000
34,280
27,493
-
-
10,000
-
54,910
772,758
844,500|**Resources**
**expended**
**£**
(5,082)
(34,540)
(46,092)
(20,000)
(263,065)
(172,414)
(23,261)
-
(49,212)
(34,280)
(100,695)
(525)
-
(9,047)
20,500
(54,910)
(828,541)
(833,623)|**Transfers**
**£**
-
-
-
-
-
-
-
8,370
-
-
-
-
8,370
-
-
-
-
-|**At 31 March**
**2023**
**£**
207,770|
|---|---|---|---|---|---|
||||||4,520
3,908
-
-
72,222
19,603
52,313
30,788
-
336
3,977
-
5,953
-
-|
||||||193,620|
||||||401,390|
## **18 Transfers**
The following transfers have been made from Unrestrcited funds to fund overspends on the restricted funds: Ministry of Justice Rape Support - £1,103 Francis C Scott Charitable Trust - £409 National Lottery Community Fund - £375
A transfer of £60,845 was made to Unrestricted funds from Cumbria Police and Crime Commissioner restricted fund. This funding has now ceased, final reports have been submitted to the funder who is satisfied all funding has been appropriately spent.
Page 17
## **Safety Net (UK)**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
_......... continued_
## **19 Net assets by fund**
|Tangible assets
Current assets
Creditors: Amounts falling due
within one year
Net assets
**Prior period**|**Unrestricted**
**Funds**
**£**
1,062
355,459
(34,843)
321,678|**Restricted**
**Funds**
**£**
1,202
213,475
(81,600)
133,077|**Total Funds**
**2024**
**£**
2,264
568,934
(116,443)
454,755|**Total Funds**
**2023**
**£**
3,019
449,628
(51,257)|
|---|---|---|---|---|
|||||401,390|
|**Unrestricted**
**Funds**
**£**
Tangible assets
1,416
Current assets
257,611
Creditors: Amounts falling due within
one year
(51,257)
Net assets
207,770|**Restricted**
**Funds**
**£**
1,603
192,017
-
193,620|**Total Funds**
**2023**
**£**
3,019
449,628
(51,257)
401,390|**Total Funds**
**2022**
**£**
4,025
427,326
(40,838)|
|---|---|---|---|
||||390,513|
Page 18