Docusign Envelope ID: F22906EF-95E1-4968-86C6-5E14CB8684E6
REGISTERED COMPANY NUMBER: CE007595 (England and Wales) REGISTERED CHARITY NUMBER: 1167772
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
for
Power Of Parenting
EDMONDS ACCOUNTANCY LIMITED Unit 11, Diddenham Bus Park, Diddenham Court Grazeley, READING Berkshire RG7 1JQ
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Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 to 7 |
| Detailed Statement of Financial Activities | 8 |
Docusign Envelope ID: F22906EF-95E1-4968-86C6-5E14CB8684E6
Power Of Parenting
Report of the Trustees for the Year Ended 31 March 2025
Report of the Trustees for the Year Ended 31 March 2025
FY 24/25 has been yet another busy and exciting year for Power of Parenting.
We have continued to work hard to promote the charity, utilising being last year’s charity of choice by the Bracknell Town Mayor. We have increased our charitable activities by expanding to a third Borough, and increasing our income with new grants and funding.
Our Trustees Annual Report which sits alongside these Financial Statements provides more detail on our activities for the year, but we have also summarised them briefly below. Charitable activities FY24/25 has seen us continue our work with virtual schools within Bracknell Forest and Wokingham Boroughs, to support many young people with additional tuition pre GCSE and post 16.
In the last quarter of this year, POP made a huge addition to the charity, by onboarding Royal Borough of Windsor & Maidenhead to our list of local boroughs. This is a much larger Borough, geographically and has a higher number of children and young adults in care / care leavers. We are looking forward to the year ahead, in supporting RBWM and excited to see what support we can offer.
We have seen a rise in further educational applications for support this year, and envisage it to increase next year. The rising costs in tuition and cost of living, means that the gap between cared for young adults and non, is widening. POP hopes to increase this support so that there is less burden and hopefully an increased success rate. 13% of pupils who were looked after entered higher education compared to 43% of all other pupils. POP is seeking to address this disparity with their bursaries.
As well as academic support, our sporting / life skills support continues. We have supplied paid for club subscriptions and equipment so that children can establish social connections whilst learning new skills.
Finally, we supported the local community at Christmas. We donated funds to Storyy Homes Group so they could provide gifts for 20 young adults who are in supported accommodation. We also provided 21 families, who have been or are supported by local authorities, with much needed help, by purchasing and delivering Christmas hampers, which provided food, vouchers and gifts.
Fundraising activities and donations were again a success this year. The annual Christmas ball, was a wonderful fund raiser and opportunity for POP supporters to meet some Foster Carers. This summer POP was extremely lucky to receive £15,000 in funding from the Bracknell crematorium. This meant that POP had funds to allow support in the new academic year of September. As previous years, one of POPs most significant donors was the Greenslade Foundation with a £10,000 fund. In addition they also donated £2,000 restricted funds to use for Christmas Hampers. These funds meant we were able to support more than ever this year. We also had 11 donations, each one between £100 and £1000 throughout the year. At the end of the year in March, POP was awarded a restricted grant from Berkshire Community Foundation. We received £40,000 , to be used in the next financial year, for post 16 young adults, and only in the Boroughs of Wokingham and RBWM. This will make a significant difference, as we have seen a rising increase in applications for support at this age.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
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Report of the Trustees for the Year Ended 31 March 2025
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number CE007595 (England and Wales)
Registered Charity number 1167772
Registered office
19 Asher Drive Ascot SL5 8LJ
Trustees
C Edwards V Maharaj Miss G Adams P Dugdale Ms G Callaghan J Weaver
1/29/2026 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
John Weaver ............................................................................ D3BC6E1334594E7...
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Statement of Financial Activities for the Year Ended 31 March 2025
| 31.3.25 | 31.3.24 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||||
| Charitable activities | ||||||
| Fundraising Activities | 17,166 | - | 17,166 | 38,756 | ||
| Donations and Legacies | 27,995 | - | 27,995 | 16,932 | ||
| Grant Income | - | 40,000 | 40,000 | 21,000 | ||
| Investment income | 2 | 263 | - | 263 | 97 | |
| Other income | - | - | - | |||
| Total | 45,424 | 40,000 | 85,424 | 76,785 | ||
| EXPENDITURE ON | ||||||
| Fundraising Activities | 13,792 | - | 13,792 | 25,713 | ||
| Charitable activities | ||||||
| Charitable Administration | 14,650 | - | 14,650 | 12,194 | ||
| Charitable Activities | 22,582 | - | 22,582 | 14,157 | ||
| Other | - | - | - | 9,045 | ||
| Total | 51,024 | - | 51,024 | 61,109 | ||
| NET INCOME/(EXPENDITURE) | (5,600) | 40,000 | 34,400 | 15,676 | ||
| Transfers between funds | 8 | - | - | - | - | |
| Net movement in funds | (5,600) | 40,000 | 34,400 | 15,676 | ||
| RECONCILIATION OF FUNDS | ||||||
| Total funds brought forward | 50,796 | - | 35,120 | 35,120 | ||
| TOTAL FUNDS CARRIED FORWARD | 45,196 | 40,000 | 85,196 | 50,796 |
The notes form part of these financial statements
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Balance Sheet 31 March 2025
| 31.3.25 | 31.3.24 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 5 | - | - | - | - | |
| CURRENT ASSETS | ||||||
| Debtors | 6 | 492 | - | 492 | 280 | |
| Cash at bank and in hand | 45,811 | 40,000 | 85,811 | 52,875 | ||
| 46,303 | 40,000 | 86,303 | 53,155 | |||
| CREDITORS | ||||||
| Amounts falling due within one year | 7 | (1,107) | - | (1,107) | (2,359) | |
| NET CURRENT ASSETS | 45,196 | 40,000 | 85,196 | 50,796 | ||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | 45,196 | 40,000 | 85,196 | 50,796 | ||
| NET ASSETS | 45,196 | 40,000 | 85,196 | 50,796 | ||
| FUNDS | 8 | |||||
| Unrestricted funds | 85,196 | 50,796 | ||||
| Restricted funds | - | - | ||||
| TOTAL FUNDS | 85,196 | 50,796 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
1/29/2026
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
[Weaner] |[Solan] Signed by: John Weaver
.............................................
The notes form part of these financial statements
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Notes to the Financial Statements for the Year Ended 31 March 2025
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.
| Motor vehicles | - 20% on reducing balance |
|---|---|
| Computer equipment | - 20% on reducing balance |
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.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Deposit account interest | 263 | 97 |
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31.3.25 | 31.3.24 | ||
|---|---|---|---|
| £ | £ | ||
| Depreciation - owned assets | - | 165 | |
| Surplus/(deficit) on disposal of fixed assets | - | 521 |
continued...
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Notes to the Financial Statements - continued for the Year Ended 31 March 2025
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
5. TANGIBLE FIXED ASSETS
| 5. | TANGIBLE FIXED ASSETS | |||||||
|---|---|---|---|---|---|---|---|---|
| Computer | ||||||||
| equipment | Totals | |||||||
| £ | £ | |||||||
| COST | ||||||||
| At 1 April 2024 | - | - | ||||||
| Disposals | - | - | ||||||
| At 31 March 2025 | - | - | ||||||
| DEPRECIATION | ||||||||
| At 1 April 2024 | - | - | ||||||
| Eliminated on disposal | - | - | ||||||
| At 31 March 2025 | - | - | ||||||
| NET BOOK VALUE | ||||||||
| At 31 March 2025 | - | - | ||||||
| At 31 March 2024 | - | - | ||||||
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||||||
| 31.3.25 | 31.3.24 | |||||||
| £ | £ | |||||||
| Taxes | 256 | 44 | ||||||
| Prepayments | 236 | 236 | ||||||
| 492 | 280 | |||||||
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||||
| 31.3.25 | 31.3.24 | |||||||
| £ | £ | |||||||
| Other creditors | - | 579 | ||||||
| Accrued expenses | 1,107 | 1,780 | ||||||
| 1,107 | 2,359 | |||||||
| 8. | MOVEMENT IN FUNDS | |||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.4.24 | in funds | funds | 31.3.25 | |||||
| £ | £ | £ | £ | |||||
| Unrestricted funds | ||||||||
| General fund | 50,796 | (5,600) | - | 45,196 | ||||
| Restricted funds | ||||||||
| Restricted | - | 40,000 | - | 40,000 | ||||
| TOTAL FUNDS | 50,796 | 34,400 | - | 85,196 |
continued...
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Notes to the Financial Statements - continued for the Year Ended 31 March 2025
Net movement in funds, included in the above are as follows:
| Net movement in funds, included in the above | are as follows: | |||||
|---|---|---|---|---|---|---|
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 45,424 | (51,024) | (5,600) | |||
| Restricted funds | ||||||
| Restricted | 40,000 | - | 40,000 | |||
| TOTAL FUNDS | 85,424 | (51,024) | 34,400 | |||
| Comparatives for movement in funds | ||||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.23 | in funds | funds | 31.3.24 | |||
| £ | £ | £ | £ | |||
| Unrestricted funds | ||||||
| General fund | 35,120 | 15,813 | (137) | 50,796 | ||
| Restricted funds | ||||||
| Restricted | - | (137) | 137 | - | ||
| TOTAL FUNDS | 35,120 | 15,676 | - | 50,796 | ||
| Comparative net movement in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 75,785 | (59,972) | 15,813 | |||
| Restricted funds | ||||||
| Restricted | 1,000 | (1,137) | (137) | |||
| TOTAL FUNDS | 76,785 | (61,109) | 15,676 | |||
| A current year 12 months and prior year 12 months combined position is as follows: | ||||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.23 | in funds | funds | 31.3.25 | |||
| £ | £ | £ | £ | |||
| Unrestricted funds | ||||||
| General fund | 35,120 | 10,213 | (137) | 45,196 | ||
| Restricted funds | ||||||
| Restricted | - | 39,863 | 137 | 40,000 | ||
| TOTAL FUNDS | 35,120 | 50,076 | - | 85,196 |
| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as | A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as | A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as | A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as |
|---|---|---|---|
| follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 121,209 | (110,996) | 10,213 |
| Restricted funds | |||
| Restricted | 41,000 | (1,137) | 39,863 |
| TOTAL FUNDS | 162,209 | (112,133) | 50,076 |
There were no related party transactions for the year ended 31 March 2025.
9. RELATED PARTY DISCLOSURES
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Detailed Statement of Financial Activities for the Year Ended 31 March 2025
| Detailed Statement of Financial Activities for the Year Ended 31 March 2025 |
||
|---|---|---|
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Investment income | ||
| Deposit account interest | 263 | 97 |
| Charitable activities | ||
| Donations | 27,995 | 16,932 |
| Grants | 40,000 | 21,000 |
| Fundraising Activities | 17,166 | 38,756 |
| 85,424 | 76,688 | |
| Other income | ||
| Gain on sale of tangible fixed assets | - | - |
| Total incoming resources | 85,424 | 76,785 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Fundraising Activities | 13,792 | 25,713 |
| 13,792 | 25,713 | |
| Charitable activities | ||
| RBWM Virtual School | 300 | - |
| Wokingham Virtual School | 3,258 | 2,270 |
| Christmas Support for Families | 1,139 | 1,137 |
| Maths & English Tuition | 4,128 | (423) |
| Further Education Bursaries | 8,590 | 4,835 |
| POP Uni Starter and Returners Package | 490 | 2,695 |
| Post 16 Tuition | - | 1,000 |
| Storry Homes | 1000 | 705 |
| Counselling Support for Foster Children | 500 | 500 |
| Support of Care Leavers | - | 338 |
| Swimming Lessons | 1,363 | - |
| Other | 1,814 | 1,100 |
| 22,582 | 14,157 | |
| Other | ||
| Investment Projects | - | 8,524 |
| Deficit on disposal of fixed assets | - | 521 |
| - | 9,045 | |
| Governance costs | ||
| Accountancy fees | 780 | 614 |
| Promotional Expense | 2,177 | 207 |
| Printing, Postage & Stationary | 82 | 184 |
| Computer and website costs | 411 | 727 |
| Training | - | - |
| Wages | 10,386 | 9,721 |
| Just Giving Charges | 269 | 283 |
| Insurance | 404 | 388 |
| Travel | 76 | - |
| Subscription | 65 | 50 |
| Bank charges | - | 20 |
| 14,650 | 12,194 | |
| Total resources expended | 51,024 | 60,503 |
| Net income/(expenditure) | 34,400 | 15,676 |
This page does not form part of the statutory financial statements
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