croydon people first Croydon People First CIO Report and Financial Statements for the year ended 31 March 2024 Charity Number: 1168110
Croydon People First CIO people flrst Contents Page Trustee's Rort Independent Examiner's Rq)ort Statement of Financial Activities Statement of Financial Position Cash Flow Statement Notes to the Accounts Reference and Administrative Details Address Flat 6 30 Old Palace Road Croydon CRO IAX Trustees Mr S Wilson (Chair) Mr R Ruffell (Treasurer) Mr D Abson Mr J Claxton (appointed June 022) Bankers CAF Bank Ltd 25 Kings Hill Avenu¢ Kings Hill West Malling Kent ME19 4JQ Independent Examiner Klass & Co 18 Mounthurst Road Hayes Bromley Kent BR2 7QN Registered Charity 1168110 Founded by Regi as a Charitable Inc (CIO) on 7th July 2016 rporated Organisation Accountsfor theyear ended 31 Mareh 2024
Croydon People First CIO peOe firnt TRUSTEES, REPORT The Trustees of Croydon People First CIO submit their report and the accounts for the year to 31st March 2024. Director's Report 2023 - 2024 We continued to run our various activities for members during the year including using funding received from the Peoples Health Trust for the project funded by them. I am still working from home and l am still meeting up regularly with the Trustees. Staff and Trustees The Director was &ssisted by one support worker during the year and worked on the Peoples Health Trust proj Projects and Funding During the year we continued to receive fimding from the DWP Access to Work scheme which funded the cost of my support worker. Admin, Accounts Payroll Everything was kept up to date from the administration point of view. We held our AGM and read out our annual reports. Geraldine O'shea (Diredor) Treasurer's Report At the end of the financial year. the balance in the Croydon People First CIO bank accounts with CAF was £8,044 and the balance of cash and bank was £8242. The deficit of £5,034 reflects spending to accomplish the project funded by the People Health Trust during the year. Total funds are £6.250 all of which is unrestricted. We are very grateful for continued financial support from the DWP Access to Work (£10,976). Wc arc also grnt¢ful to have received funding Peoples Health Trust (£4.966). RichardRuffell (Treasurer) Aims, Objects and Public Benefit The charity's objects are (a) to relieve and support people with learning disabilities in the London Borough of Croydon and surrounding areas, by the provision of services which enable people with learning disabilities to develop their potential and obtain their full rights and privileges as citizens" and (b) to advance the education and training of the public, professionals, carers and other organisations about the needs, skills and interests of people who have learning disabilities to enable people with learning disabilities to achieve full participation in the community. AccOwfOr eThled31 March 2024
Croydon People First CIO peoEAe first Croydon People First aims to enable and assist pPIc with learning disabilities to speak for themselves, to share their ide&s and to voice their opinions to others. We also aim to enable and assist people with learning disabilities to reach greater independence, more choice and more control over their own lives. Current activities are: Regular Future for Us Community Hub meetings" Regular Making It Happen activities. Supporting people with learning disabilities to carry out voluntary work. Other projects and activities on topics important to adults with learning disabilities" Representing the interests of local adults with learning disabiliti¢s on various Community Forums and at various meetings. Supporting individuals with leaming disabilities (both Members and Non- Members) to speak out atx)ut things that affect their lives Structure, Governance and Trustees Croydon People First CIO is a Charitable Incorporated Organisation (no. 1168110). It was registered on 7th July 2016 and was fonned from the transfer of assets from Croydon People FirsL the charity (1124217), which started in 1973 and was set up to serve people with learning disabilities in the London Borough of Croydon. There are about 7,0(X) people with learning disabilities who live in Croydon. Before Croydon People First existed. adults with learning disabilities living in Croydon had no independent voice. Now the organisation is tun by adults with learning disabilities with help from supporters directed by them. Croydon People First CIO has a Director who works 17.5 hours per week. At 31" March 2024, there were Trustees on the Board of Trustees all with learning disabilities: Mr S Wilson (Chair) Mr R Ruffell (Treasurer) Mr D Abson Mr J Claxton Trustees are recruited by community adverts placed, recommendations and nominations to the Trustees, after which an interested person would be invited to interview by members of the Board of Tntss. If the person has the skills and experience whRch Croydon People First CIO is Iooking for. the Board will vote to appoint them at a Trustees Meeting and they will be introduced to the Membership at the next AGM. This procedure is in am)rdance with the Croydon People First CIO'S constitution. Trustees may also be beneficiaries of the work that Croydon People First CIO does, and the Board are careful to manage issues of confiict of interest where they are not allowed to take up a place on an activity organised by Croydon People First where there are other general members who are keen to have this place. Trustees follow guidance on conflict of interest provided by the Charity Commission. A¢coMntsfvrthe iyar ended31 MÉYch 2024
Croydon PIple First CIO Reserves Policv and Going Concern The trustees aim to maintain free reserves in unrestricted funds at a level which equates to appmximately 3 months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to ensure that support and governance costs are covered. The trustees consider that a level of 3 months is sufficient given the projects currently being rutL The balance held as unrestricted funds at 31 March 2024 was £6.250. all of which are regarded as free reserves. Actual three-month cash payments total £5,248 therefore Cent reserves are above the amount required by the reserves policy. The National Lotteries funding has been provided to support the administration of the charity. The trustees are of the view that Croydon People First CIO is a going concern. Approved by the Trustees on January 2025 and Sied on their bebalf by: 5 O/ALftt4 Sedley Wilson (Chalrman of Tnlstees) .4ccounlsfor theyear ended31 March 2024
Croydon People First CIO people flr5t llldependent Examiner's Report to the Trnstees of Croydon People First I report on the accounts of the charity for the year ended 31 March 2024, including the 'notes to the accounts, as set out on pages 9 to 12. Respective responsibilities oftrnstees and exajniner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of thc Charities Act 2011 (thc 2011 Act)) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the 2011 ACL to follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act. and to state whether particular matters have come to my attention. Basis of independent examiner's statement My eaMinatIon was carried out in accordance with the Generdl 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 &$ trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audiL and consequently no opinion is given &s 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 cxamiDer's statement In connection with my examination. no matter has come to my attention: (l) which gives me reasonable cause to believe that in any materia] respect the requirements: to keep accounting records in accordanLY with section 130 of the 2011 Act. and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 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 reach¢d. Signature: Name: Osbert Klass Relevant professional body: Chartered Association of Certified Accountants Addss. 18 Mounthurst Road, Bromley, Kent BR2 7QN Date: 31 January 2025 Accowtssfor theyear ended31 March 2024
Croydon People First CIO Peo first STATEMENT OF ThANc AcrMTtES FOR THE YEAR ENDED 31 MARCH 2024 Unr&stricted Funds Restricted Funds Total 2023 NeS Income and endowments Grants, donations and legacies Other income Total reeeipts 10,976 16 10,992 4,966 15,942 16 15,958 26,858 Expenditure Cost of generating funds Charitable activities 6.026 14,966 20,992 30,744 Total expenditure Net incomel(expenditure) before gains and losses on investments 6,026 14,966 20,992 30,744 4,966 (10,000) (5,034) (386) Net gains/Oosses) on InvtMents Net income/(expenditure) for year 4966 {10,000) (5,034) (3,886) Total funds brought foThard 1,284 10,000 11,284 15,168 Trnnsfer of fuDds from charity Total Funds 6250 50 11284 The notss on pages 9 to 12 forn] part of these accounts. Accowtssfor the IEar ended31 Mwch 2024
Croydon People First CIO peOe flrst STATEMENT OF FANC PosrlloN AT 31 MARCH 2024 2023 Nofrs Current Assets Debtors and Prepayments C&sh at bank and in hand 8242 8242 11,284 11,284 Current Liabilities Creditors and Accruals Net Current Assets 6250 11284 Net Assets 11 Funds Unrestricted funds Restricted funds (3,750) i 0,000 1,284 10,000 Total Funds 6250 11284 Approved by the Trustees on 30 January 2025 and Sied on their behalf by: Sedley Wilson Chair of Trustees 30 January 2025 The notes on pages 9 to 12 forni part of these accounts. Accountsfor theJEar ended3J March 2024
Croydon People First CIO CASH Fu)w STATEMENT FOR THE YEAR TO 31 MARCH 2024 Cash genernted from operating activitses: Net cash provided by operating activities (3.042) Cash & Bank introduced during the year Cash & Bank at the end of the year 11,284 8242 Net incomel(expendAture) Adjustments for: Depreciation charges (Increase)Idecrease in debtors Increase/(decrease) in creditors (5,034) 3,042 Accountsfor the)¢ar eFknled3J Mareh 2024
Croydon People First CIO people first NOTES TO THE ACCOUNTS FOR THE PERIOD YEAR TO 31 MARCH 2024 Accounting Polici&g l Basis of Preparing the Accounts (a) Basis of preparation and assessment of going eoncern The accounts (fmancial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notels) to these accounts. The financial staternents have been prepared in accordance with the Ststement of Recornmended Practice: ALxounting and Reporting by Charities preparing their aLYounts in acLX)rdance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. The charity constitutes a public benefit entity as defmed by FRS 102. The trustees consider that there are no material uncertainties about the Trust's ability to continue as a going Goncern. (b) Reeonciliation with previous Generally Accepted Accounting Practice In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SOIIP FRS 102 a restatement of comparative items was needed. No restatements were required. In accordance with the requirements of FRS 102 a reconciliation of opening balances and net income/(expenditure) for the year is provided with the net income/(expenditure) under previous GAAP adjusted for the presentation of investment gainsl(losses) as a component of reported income. 2 Funds (a) Unrestricted fimds represent funds of the charity which are not subject to any restrictions regarding their use and are available for application on the general purposes of the charity. (b) Restricted funds represent fimds of the charity which were received with restrictions so that use can only be used for the purposes ststed. 3 Income All income is recognised once the charity has cntitlement to the income. it is probable that the income will be received and the amount of income receivable can be measured reliably. 4 Expenditure Liabilities are recognised as expenditure as soon as there is a legal or ACcowfOr ihe)rar epkled31 A*Ych 2024
Croydon People First CIO people first constructive obligation committing the charity to that expenditure, it is probable that settlement will be rquired and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance Costs are allocated or apportioned to the applicable expenditure headings. 5 Fixed A&8ets Assets costing over £500 will be capitalised and depreciated as follows: Equipment (computer & el¢ctronic) - 33.30/0 per annurn. Statement of Fiuancial Activities - 2023 (CompAratives) Restricted Funds 2023 Total rostricted Funds Income and endowments Grants, donations and legacies Other income Total receipts 10,650 16208 26,858 16208 26,858 Expenditure Cost of generating fijnds Charitable activities 24.536 6.208 30.744 Total expenditure Net in¢ome/(expenditure) before gains and losses on investments 24.536 30,744 (13,886) 10,000 (3,886) Net gains/Oosses) on inVents Net iDcomel(expendKture) for year Total fuDds brought forward (13,886) 10,000 (3,886) 15,168 15,168 Transfer of funds from charity Total Funds 1284 10,000 11284 Accountsfor iheyear ended31 March 2024 10
CroydoD People First CIO peo flrst Income 2024 2023 unrestn.cted Dept of Work & Pensions Bank Interest 10,976 16 10,992 10,650 10,650 Restricted Reserv National Lottery Peoples Health Total Opening Balance Income Expenditure Transfer Closing Balance 10,000 10,000 4,966 (14,966) 4,966 (4,966) (i 0.000) Expenditure Activities directly related to the work of the charity. Restricted Total 2023 restricted Charitable Activities Salary & Pension Costs Sessional Support Postage, Printing and Stationery Office Rent and Room Hire Bank Charges IT Consumables & Support Office & Miscellaneous Independent Examiner Payroll Administration 14,892 14,892 5,456 43 14,651 13,155 69 1,800 90 272 332 375 5,456 43 68 68 368 31 399 134 134 6,026 14966 20,992 30,744 Staff The average weekly number of employees during the year was made up as follows:_ Acrthutssforihejedr ended31 March 2024
Croydon People First CIO people fi Administration Trustee& No trustee received any remuneration or benefit in kind during the year, nor any expenses reimbursed. Restricted Funds The restricted income collected during the year was for the provision of services to people with learning disabilities and were entirely used for such proviskon. ACcowfOr theyear ended 31 Alarth 2024 12