REGISTERED CHARITY NUMBER: 1166947 Report of the Trustees and Unaudited Financial Ststements for the Year Ended 31 March 2024 for Family Medlation Cymru BPU Limited Chartered Accountants Radnor House Greenwood Close Cardiff Gate Business Park Cardiff CF23 8AA
Family Mediation Cymru Contents of the Flnancial Statements for the Year Ended 31 March 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8 to 16 Detailed Statement of Financial Activities 17 to 18
Family Mediation Cymru Report of the Trustees for the Year Ended 31 March 2024 The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 20.19). OBJECTIVES AND ACTIVITIES To preserve and protect the health both mental and physical of adults and children predominately, but not only in Wales, in particular but not exclusively by.. Providing mediation and conciliab'on to alleviate hardship and distress caused by thebreakdown of marriage and family relationships., Providing information about mediation and conciliation ServIS to raise awareness in thewider community., and To undertake other forms of mediation as the trustees see fit for the benefit of thecommunity. b) The charity's activities commenced in 2017, largely succeeding those of Family Mediation Cardiff (no. 515222). Contracts and all employees and assets were transferred to Family Mediation Cymru, and Family Mediation Cardiff was closed in 2019120. This Servi is of public benefit, both through being available to the general public, including clients who are eligible for public funding, and because it is of wider benefit in promoting policy objectives to reduce the effects of conflict, emotional harm and financial pressures on farnilies dealing with relationship breakdown. The Trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have regard to the public benefit guidance published by the Charity Commission for England and Wales.
Family Mediation Cymru Report of the Trustees for the Year Ended 31 March 2024 ACHIEVEMENT AND PERFORMANCE Family Mediation Cymru is a charitable incorporated organisation that provides family mediation servicès to Cardiff, Newport and surrounding areas. The Charity does not have any trading subsidiaries. The impact of the pandemic of .2020 and 2021 on demand for mediation is difficult to assess. Whilst the strain imposed on family relationship by the pandemic would be thought to increase divorce, other factors such as the functioning of the family courts and the UK Government's voucher scheme also have an effect on demand for mediation. One impact which has endured is the way services are provided online which is now how the majority of mediation is carried out. Originally online provision, as opposed to face to face meetings, was done for social distancing, but this has continued and for many clients is the preferred way to conduct mediation. Gradually demand for services increased such that 2022123 generated a surplus compared to the previous year's breakeven position and Family Mediation Cymru has continued with a surplus for 2023124 although at a reduced level. The UK government voucher scheme has enabled more people to use mediation, which is a positive, but the scheme itself placed additional demands on administration. Critical to the provision of mediation to mt demand has been the need for more mediators, Family Mediation Cymru has managed to develop trained mediation internally but the need for more trained mediators to be recruited continues to be ongoing issue. There were no serious incidents that required reporting to the Charity Commission during 2023124. All eligible staff have had a Disclosure and Barring servi {DBS) check. FINANCIAL REVIEW The primary sources of funding were Legal Aid Agency (LAA), and fee paying clients. Fee paying clients are those who are not eligible for public funding under the contract with the LAA, and are charged a rate calculated in accordance with their personal income, as agreed by the Trustees. The Charity does not work with a professional fund raiser nor work with a commercial participator. The Charity did not receive any income in this accounting period from outside the UK. Expenditure is primarily salaries of mediators and support staff providing mediation seNices with associated running expenses. Excluding Trustees, the Charity did not employ volunteers. The accounts show a surplus at 31st March 2024 of £4,668 (2022123.. surplus £12,668) on total income of £251,720 (2022123.. £233,131). This has enabled the unrestricted reserve balan to increase to £61,101 held at 31st March 2024. The Charity has a policy to keep in reserve sufficient funds to cover three months expenditure which would be approximately £63,000 and therefore this was within tolerable limits for 2023124. Comparison of finances 2021122 to 2022123 showed a 190/0 increase in income compared to an increase of 12% in expendtture. For 2023124 this growth had slowed to approximately 80/0 for income and 12 % for expenditure. If the organisation can continue to generate surplus then this can be used to expand and improve services. A risk assessment of the Servi is reviewed by the Trustee management committee, including such matters as child protection, staff issues, financial safeguards, and the resenies policy. Professional Indemnity Insurance for Staff and Trustees is in place. There were no expenses paid to Trustees during the year.
Family Mediation Cymru Report of the Trustees for the Year Ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Gharity is a Charitable Incorporated Organisation and is governed by its constitution. The Charity holds an annual General Meeting and usually has four Management Meetings per annum at which the Service Director presents reports. The Charity operates from its offices at 7 Guildford Street, Cardiff and setves the community of Cardiff and the surrounding areas. Appointment of new Trustees, subsequent to initial Trustee appointments, is for a term of 3 years. Appointment of any new Trustees is made by existing Trustees at an annual meeting. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1166947 Principal address 7 Guildford Street Cardiff CF10 2HL Trustees Mr P Munkenbeck Mrs T Hughes (resigned 171912024) Mrs J Doughty Ms C Wallace Ms R Beaumont-walker (appointed 51312024) Mr D B James (appointed 171912024) Service Director Helen Johnson Independent Examiner Nicholas Toye FCA BPU Limited Chartered Accountants Radnor House Greenwood Close Cardiff Gate Business Park Cardiff CF23 8AA Bankers HSBC Bank plc 15 Churchill Way Cardiff CF10 2HD
Family Mediation Cymru Report of the Trustees for the Year Ended 31 March 2024 PLANS FOR FUTURE PERIODS The UK Government policy direction has remained to increase mediation. The Government response in January 2024 to the consultation supporting earlier resolution of private family law arrangements was a commitment to continue with the voucher scheme. Also to adopt measures to enable child inclusive mediation and to remove exemptions to increase the number of MIAMS. These measures ought to increase demand for mediation. The recruitment and training of professional qualified mediators remains a key objective to meet demand. There is also the potential to offer seNices such as training where there is capacity in the office accommodation. The Charity will therefore continue to provide mediation services to the communities of Cardiff, Newport and the surrounding areas and hope to maintain and increase our service provision. Given the online nature of much of mediation now, if provision is available then opportunities further afield for expanding the service will be considered. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed 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, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charity SORP,. make judgements and estimates that are reasonable and prudent., prepare the financial statements on the going conrn basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the Fharity and financial information included on the charity's website. Approved by order of the board of trustees on l.q-.tL TCVL ZOL behalf by.. and signed on its Mr P Munkenbeck- Trustee
Independent Examinerfs Report to the Trustees of Family Mediation Cymru Independent examiner's report to the trustees of Family Mediation Cymru I report to the charity trustees on my examination of the accounts of Family Mediation Cymru (the Trust) for the year ended 31 March 2024. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examiner's ststement Since your charity's gross income exeded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by Section 130 of the Act., or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view 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. K) lof Nicholas Toye FCA BPU Limited Chartered Accountants Radnor House Greenwood Close Cardiff Gate Business Park Cardiff CF23 8AA Date.. 1112f
Family Mediation Cymru ststement of Financial Actlvities for the Year Ended 31 March 2024 2024 Total funds 2023 Total funds Unrestricted Restricted fvnd fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2,986 Charitable activities Charitable activities 251.720 251,720 229,845 Other income 300 Total 251,720 251,720 233,131 EXPENDITURE ON Charitable activities Charitable activities 247,011 41 247,052 220,463 NET INCOMEI(EXPENDITURE) 4,709 (41) 4,668 12,668 RECONCILIATION OF FUNDS Total funds brought forward 56,392 163 56,555 43,887 TOTAL FUNDS CARRIED FORWARD 61,101 122 61,223 56,555 The notes form part of these financial statements
Family Mediation Cymru Balance Sheet 31 March 2024 2024 2023 Notes FIXED ASSETS Tangible assets 1,681 1,347 CURRENT ASSETS Debtors Cash at bank 12 27,900 46,234 32,454 43,797 74,134 76,251 CREDITORS Amounts falling due within one year 13 (14,592) (21,043) NET CURRENT ASSETS 59,542 55,208 TOTAL ASSETS LESS CURRENT LIABILITIES 61,223 56,555 NET ASSETS 61,223 56,555 FUNDS Unrestricted funds Restricted funds 15 61,101 122 56,392 163 TOTAL FUNDS 61,223 56,555 The financial statements were approved by the Board of Trustees and authorised for issue on and were signed on its behalf by.. Mr P Munkenbeck- Trustee The notes form part of these financial statements
Family Mediation Cymru Notes to the Financlal Ststements for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordan with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordan 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is reGognised in the Statement of Financial Activities once the charity has entitlement to the fvnds. The following specific policies are applied to particular categories of income.. i) Voluntary income is received by way of donations and is included in accounts when re1Vable. ii) Grants, where entitlement is not conditional on the delivery of a specific performan by the charity, are recognised when the charity becomes unconditionally entitled to the grant which will normally be when the grant is actually received. Grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance. Deferred income represents grant monies reiVed for future periods and released to incoming sOurceS in the period to which it relates. iii) Donated services and facilities are included at the value to the charity where this can be quantified and are material. iv) Investment income and all other income is recognised when receivable. 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 rneasured 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 lrfe. Fixtures and fittings 25 % reducing balan Taxation The charity is exempt from tax on its charitable activities. continued...
Family Mediation Cymru Notes to the Financial Statements - continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES - continued 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. Pension costs and other post-retirement benefits The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. DONATIONS AND LEGACIES 2024 2023 Donations 2,986 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Charitable activities Charitable activities Grants Mediation Services 130.689 121.031 131,980 97,865 251,720 229,845 The Mediation ServIS are carried out as part of the direct charitsble activities of the charity and are the primary purpose of trading. Grants received, included in the above, are as follows: 2024 2023 Legal Aid Agency Community Foundation in Wales 129,689 1,000 130,480 1,500 130,689 131,980 continued...
Family Mediation Cymru Notes to the Financial Ststements - continued for the Year Ended 31 March 2024 OTHER INCOME 2024 2023 Rental income 300 CHARITABLE ACTIVITIES COSTS Direct Costs (s note 6) Support costs (see note 7} Totals Charitable activities 234,572 12,480 247,052 DIRECT COSTS OF CHARITABLE ACTIVITIES 2024 2023 staff costs Training Insurance Premises costs Subscriptions 211,868 740 1,010 18,414 2,540 187,206 622 898 18,437 1,868 234,572 209,031 SUPPORT COSTS Governance costs Other Totals Charitable activities 10,757 1.723 12,480 10 continued...
Family Mediation Cymru Notes to the Financial Statements - continued for the Year Ended 31 March 2024 SUPPORT COSTS- continued Support costs, included in the above, are as follows.. 2024 Charitable activities 2023 Total activities Telephone Postage and stationery Sundry & cleaning expenses Refreshments IT costs Advertising & publicity Bank & card machine charges VAT interest Hire of equipment Legal & professional fees Depreciation of tangible fixed assets Independent examiner fees 1,196 2,456 259 124 2.228 268 1,364 577 620 1,105 560 1,723 1,043 2,241 206 117 2,883 268 1,510 634 437 449 1,644 12,480 11,432 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees. expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. STAFF COSTS 2024 2023 Wages and salaries Social security costs Other pension costs 195,918 6,379 9,571 171,920 6,794 8,492 211,868 187,206 The average monthly number of employees during the year was as follows: 2024 12 2023 Part-time and Full-time No employees received emoluments in excess of £60.000. 11 continued...
Family Mediation Cymru Notes to the Financial Statements - continued for the Year Ended 31 March 2024 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 2,986 2.986 Charitable activities Charitable activities 229,845 229,845 Other income 300 300 Total 233,131 233,131 EXPENDITURE ON Charitable activities Charitable activities 220,409 54 220,463 NET INCOMEI{EXPENDITURE) 12,722 (54) 12,668 RECONCILIATION OF FUNDS Total funds brought fotward 43,670 217 43,887 TOTAL FUNDS CARRIED FORWARD 56,392 163 56,555 12 continued...
Family Mediation Cymru Notes to the Financial Ststements - continued for the Year Ended 31 March 2024 11. TANGIBLE FIXED ASSETS Fixtures and fittings COST At 1 April 2023 Additions 5,247 895 At 31 March 2024 6,142 DEPRECIATION At 1 April 2023 Charge for year 3,900 561 At 31 March 2024 4,461 NET BOOK VALUE At 31 March 2024 1,681 At 31 March 2023 1,347 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 other debtors Prepayments 24,184 3,716 29,849 2,605 27,900 32.454 13 continued...
Family Mediation Cymru Notes to the Financial Statements - continued for the Year Ended 31 March 2024 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Taxation and social security Other creditors 12,572 2,020 19,077 1,966 14,592 21,043 14. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Total funds 2023 Total funds Unrestricted fund Restricted fund Fixed assets Current assets Current liabilities 1,559 74,134 (14,592) 122 1,681 74,134 114,592) 1,347 76,251 {21,043) 61,101 122 61,223 56,555 15. MOVEMENT IN FUNDS Net movement in funds At 114123 At 3113124 Unrestricted funds General fund 56,392 4,709 61,101 Restricted funds Community Foundation in Wales 163 {41) 122 TOTAL FUNDS 56,555 4,668 61,223 Net movement in funds, included in the above are as follows.. Incoming Resources resources expended Movement in funds Unrestrlcted funds General fund 251,720 (247,011 } 4,709 Restricted funds Community Foundation in Wales (41) (41) TOTAL FUNDS 251,720 {247,052) 4,668 14 continued...
Family Mediation Cymru Notes to the Financial Statements - continued for the Year Ended 31 March 2024 15. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds At 3113123 At 114122 Unrestricted funds General fund 43,670 12,722 56,392 Restricted funds Community Foundation in Wales 217 (54) 163 TOTAL FUNDS 43,887 12,668 56,555 Comparative net movement in funds, included in the above are as follows.. Incoming Resources resources expended Movement in funds Unrestricted funds General fund 233,131 (220,409) 12,722 Restricted funds Community Foundation in Wales (54) (54) TOTAL FUNDS 233,131 {220,463} 12,668 A current year 12 months and prior year 12 months combined position is as follows: Net movement in ndS At 3113124 At 114122 Unrestricted funds General fund 43,670 17,431 61,101 Restricted funds Community Foundation in Wales 217 (95) 122 TOTAL FUNDS 43.887 17,336 61,223 15 continued...
Family Mediation Cymru Notes to the Financial Statements - continued for the Year Ended 31 March 2024 15. MOVEMENT IN FUNDS - continued current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming Resources resources expended Movement in funds Unrestricted funds General fund 484,851 {467,420) 17,431 Restricted funds Cornmunity Foundation in Wales (95) (95) TOTAL FUNDS 484,851 <467,515) 17,336 16. RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended 31 March 2024. 16
Family Mediation Cymru Detsiled Statement of Financial Activities for the Year Ended 31 March 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Donations 2,986 Charitable activities Grants Mediation Services 130,689 121,031 131,980 97,865 251,720 229,845 Other Income Rental income 300 Totsl incoming resources 251.720 233,131 EXPENDITURE Charitable activities Wages Social security Pensions Training Insurance Premises costs Subscriptions 195,918 6,379 9,571 740 1,010 18,414 2,540 171,920 6,794 8,492 622 898 18,437 1,868 234,572 209,031 Support costs Other Telephone Postage and stationery Sundry & cleaning expenses Refreshments IT costs Advertising & publicity Bank & card machine charges VAT interest Carried forward 1,196 2,456 259 124 2,228 268 1,364 577 8,472 1,043 2,241 206 117 2,883 268 1,510 8,268 This page does not form part of the statutory financial statements 17
Family Mediation Cymru Detailed Ststement of Financial Activities for the Year Ended 31 March 2024 2024 2023 Other Brought fomard Hire of equipment Legal & professional fees Depreciation of tangible fixed assets 8.472 620 1,105 560 8,268 634 437 449 10,757 9,788 Governance costs Independent examiner fees 1.723 1,644 Total resources expended 247,052 220,463 Net income 4,668 12,668 This page does not form part of the statutory financial statements 18