Green Door Annual Report and Financial Statements Year Ended 31 August 2024 Charity registration number.. 1168437
Green Door Year Ended 31 August 2024 Annual Report and Financial Ststements Contents Page Charity Reference and Administrative Details Trustees, Annual Report Independent Examinels Report Statement of Financial AdNrt*s Balance Sheet Notes to the Financial Statements
Green Door Year Ended 31 August 2024 Charlty Reference and Admlnistrative Details Charity registration number 1168437 Trustees R Lane D Harding A Royall J ccr C Taylor D Hargreaves S Foulkes Treasurer S Foulkes Charity offlclal address Westport Lake Westport Road Stoke on Trent ST6 4RZ Independent examlner Thursfields Accountancy Limrted Trent House 234 Victoria Road Stoke on Trent ST4 2LW 8ankers Lloyds Bank plc
Green Door Year Ended 31 August 2024 Trustees Annual Report The trustees present their report and the independentty examined financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reportin9 by Chartiies" in preparing the annual report and financial statements of the charity. The financial statements have bn prepared in accordance wrth the accounting policies set out in the notes to the accounts and compty wrth the charrty's goveming document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended PraCte applicable to charities preparing their accounts in accordance wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. Green Door has been a Charrtable Incorporated Organisation since 26 Juty 2016. It was established under the constitution which defines its aims, objectNes. and p(ywers. The trustees have specific duties to oversee the correct administration of the organisation's activrties. Trustees of the charity Trustees are elected by the membership New trustees may be co-opted during the year bul must be formally elected at the next AGM Trustees are elected to serve for a temi of one year. They may stand for re-election at the end of their tenn Applutions or nominations for trustees are welcome at any point during the year. Applications are screened by the project c(x)rdinator before being presented to the board for consideration. An invrtatbon to attend a board meeting B extended to pro51Ve members prior to any decision being made. The trustees who have served during the year and since the year end were as follcpS'. R Lane D Harding A Royall J Cooper C Taylor D HargaVe$ S Foulkes The trustees meet twelve times a year on a monthty basis. Their role covers the specific areas of govemance, financial accountabilty. scwtiny and business planning and development. Volunteers are central to the delNery of Green Doorfs (*ectNes. They a enabled by a small group of staff. No fee or out of pocket expense was paid to any trustee during the year. C Taylor resigned as trustee after the end of the financial year. Objectives, activities, and publlc benefft To provide and support the provisK)n of fa¢ilrtTres in the intet of s¢xBI welfare for re¢tn by reason of their age. infirmty, or disabilrty, wrth the aim of improving their qualty of lrfe. Green Door aims to proVe accessible actNrties encouraging the use of gen space and the outdoors locally, providing cycling, canoeing. and kayaking. archery and guKled walks and talks. Green Door provides actiVFties to enhan and improve the heatth of rts beneflarieS and to redu loneliness and isolation in the communty The actNrties are based on the pnnciple of accessibilty., believing the three pillars of this are cost. time, and equipment.
Green Door Year Ended 31 August 2024 Trustees Annual Report tra Achievements and perforniance The trustees have a pOnsIbIlty to identrfy, assess and manage risks lo the charty. There is no immediate concem wrth regard to Green Dw's financial robustness. Demand for the activities remain high along wrth good SoUrS of other income. Green Dr is able to move ahead and plan for the future with confidence. The successful National Lottery Communrty FurKI grant application has meant employees have been retained, which enables the organatIon to plan and meet rts objectives, giving structure and stabilty in day-tcfvday actrvrties. Flnancial review (Including reserves pollcy) The total income for the year was £94.569 and total experKlrture £86.136, giving a net gain for the year of £8.433. The total funds on 31 August 2024 were £107,563 of which £13,622 was restricted. Currently the level of free reserves is agreed at £15,000. Plans for future perlods Areas of Iu$ for the coming year and the futu are: To increase income. To increase accessibilty. To increase awareness of Green Door. Trustees, responsibilftles The trustees are responsible for ensurir¥J that the financial statements are prepared giving a true and fair view and which have been prepared in acCdanCe wrth the Chanties Act 2011. In preparing these accounts. the trustees are required to". Select suilable accounting potK*s and appty them consistentty. Make judgements and accounting estimates that are asonable and prudent, prepare the accounts on the going concern basis unless it B inappropriate to presume that the CIO will continue in business. The trustees a responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and deteCtn of fraud and (Xher Irregularrties. The trustees are responsible for ensuring that the CIO complEs wrth the laws and regulations that apply to its activit$, and for preventing non<ompliance and for detecting any that (curS. Declaration The trustees declare that they have approved the Tlustee's report above and the accompanying financial slatements. For and on behall of all the trustees on............. D Harding Chair Date
Green Door Year Ended 31 August 2024 Independant Examiners Report to the Trustees We report to the charty trustees on our examination of Ihe accourrts of the charty for the year ended 31 August 2024 which are set out on pages 5 to 14. Responsibilities and basis of port As the charrty s trustees you are responsible for the preparation of the accounts in xcordance with the requirements of the Charrties Act 2011 (Ihe Act.). We report in resped of our examinalion of the charTty's accounts carried out under sedion 145 of the Act and in carrying out our examInatn we have followed all the applicable Directions given by the Charity Commission under section 145{5){b) of the Act. Independent examlnerfs ststement We have completed our examination. We confim that no materk21 matters have come to our attention in connection wrth the examinabon giving us Gguse to belve that in any material respect.. accounting records were not kept in respect of the charity as wuired by section 130 of the Act,. Of 2. the accounts do nc aCCd wrth those records; or 3. the accounts do not compty with the applicable requirements concerning the fom and content of accounts set out in the Chanties (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. We have no concerns and have come across no other matters in connection wrth the examination to which attentn should be drawn in this report in order lo enab a proper understanding of the accounts to be reached. Thursfields Accountancy Limrted Chartered Accountants Business Lodge Trent House 234 Victoria Road Stoke on Trent Staffordshire ST4 2LW 14 October 2024
Green Door Year Ended 31 August 2024 Statement of Financial Activities 2024 Totsl 2023 Total Income from: Donations Charrtable activities 3.206 29,088 62,275 65.481 29,088 72,487 19,298 Total income 32.294 62,275 94,569 91.785 Expendlturo on: Chantable activrties 14.618 71.518 86.136 91,853 Total expendlture 14,618 71.518 86.136 91,853 Net income 17.676 (9,243) 8,433 {68) Transfers between funds Net movement In funds 17,676 (9,243) 8,433 (68) Reconciliation of funds: Total funds brought foThvard 76,265 22.865 99,130 99,198 Totsl funds carrled forward 93,941 13.622 107,563 99,130 All income and expendrture derive from continuing activrties. The statement of financial activitEs indudes all gains arKI losses recognised during the year.
Green Door Year Ended 31 August 2024 Balance Sheet 2024 2023 Fixed assets Tangible assets 28.153 24.838 Current assets Debtors Cash at bank and in hand 2,848 78,524 2,811 73,129 81.372 75,940 Creditors: amounts falling due within one year 10 1.963 1,648 Net current assets 79,409 74,292 Net assets 107.562 99,130 Charity Funds Restricted funds Unrestricted funds 13.622 93.940 22.865 76,265 Total charity funds 11 107,562 99,130 The financial statements were approved and authorised for issue by the Board of Trustees on Signed on behalf of the board of trustees. J #-7• D Harding, Trustee Date The notes on pages 7 to 14 forni part of these financial statements.
Green Door Year Ended 31 August 2024 Notes to the Financial Ststements Summary of significant accountlng policies (a) General inforrnation and basls of preparation Green Door is a Charitable Irwfporated OrganisatTron (CIO). In the event of the charity being wound up ihe members of the CIO have no liabilty to contribute to rts assets and no personal responsibilty for settling rts debts and liabiltties. The nature of the charty's operations and principal activities a described in the Trustee's Report. The charty constitutes a public benefrt entty as defined by FRS 102. The financial ststements have been Pfepared in accordance wrth Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to chanties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financ1 ReFQrting Standard applicab in the United Kingdom and Republic of Ireland (FRS 102), the Charrties Act 2011. and UK Generally Accepted Accounting Practice. The financial stateffEnts are prepared on a going concern basis under the historical cost convention, modrfied to include certain rtems at fair value. The financlal statements are presented in sterling which is the functional currency of the charty and rounded to the nearest £. The signffunt accounting policies applied in the preparation of these financial statements are set out bel. These polics have been consistently appll to all years psented unless otheise stated. (b) Funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general rtijectNes of the charty and which have not been deSnated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for partular putposes. The aim and use of each deslgnated fund is set out In the notes to the financial statements. Restricted funds are funds whh are to be used in accordance with specrfic restrictions imposed by donors or whh have been raised by the charty for particular purposes. The cost of raising and adminislenng such funds are charged against the specffic fund. The aim and use of each restncted fund is set out in the notes to the financial statements. (c) Income recognition All incoming resources are included in the Statement of Financial Activrties (SOFA) when the charty is legally entrtw to the income after any perfonnance condrtions have been met, the amount can be measured reliabty, and rt probable that the income will be received. For donations to be recognised the charty will have been notified of the amounts and the settlement date in wnting. If there are condrtions attached to the dOnatn and this requires a level of performance tefore entrtlement can be obtained, then income is deferred until those conditions are fully met or the fuffilment of those conditions is within the control of the charrty, and rt is probable that they will be fulfilled. Donated facilrties and donated professional services are recLyJnised in income at their fair value when their economic tenefit is probable, rt can be measured reliably, and the charity has control over the rtem. Fair value is detennined on the basis of the value of the grft to the charity. For ex3rnp. the amount the charty woukl be willing to pay in the open market for such facilitEs and serVes. A corresponding amount ts recognised in expendrture.
Green Door Year Ended 31 August 2024 Notes to the Financial Ststements (c) Income recognition {continued) No amount is included in Ihe financial statements for volunteer time in line with the SORP. Further detail is given in the Trustees. Annual Report. Vthere practicable. grfts in kind donated for distribution to the beneflaries of the charty are included in stock and donations in the financial statements upon receipt. If it is impracticable to assess the fair value at receipt or rf the costs to undertake such a valuation outweigh any b8n&fits, then the fair value is recognised as a component of donations when rt Is distributed. and an equivalent amount recognrsed as charitable expendrture. Fixed asset grfts in kind are recogntsed when recewable and are included at fair value. They are not deferred over the lrfe of the asset Income from govemment and other grants are recognised at fair value when the charity has entitlement after any performance ¢OndrtnS have been met, rt is probable that the income will be received. and the amount can be measured reliabty. If entitlement is not met, then these amounts are deferred. (d) Expendlture recognition All expenditure is accounted for on an accruals basis and has been classtfied under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third part$, rt is probable that the settlement will be required. and the amount of the oblat1¢ can be m&qsured relpbty. It is categorised under the following headings: Expendrture on charitable activities includes all direct and indirect costs of delivering the objectives of the charty. Irrecoverable VAT is charged as an expense against the actmty for which expendrture arose. (e) Support costs allocatlon Support costs are those that assist the work of the chanty but do not directty represent charitable activrties and include offe costs and governance costs They are incurred directly in support of expendrture on the objects of the charty 11the support costs cannot be directly attributed to particular headings, they have been all¢xated to cost of raising funds and expenditure on Charitab actNities on a basis consistent wrth use of the resources. Fund-ratsing costs are those incurred in seeking voluntary contributions arKI do not include the costs of disseminating information in support of the charrtable activrts. lfj Tangible fixed assets Tangible fixed assets are stated at cost {or deemed cost) valuatM)n less accumulated depreciation and accumulated impairment k)sses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of asset on a systematic basrs over ts expected useful lrfe as follows. Fumrture. equipment and other net bk value per annum
Green Door Year Ended 31 August 2024 Notes to the Financial Statements (gl Debtors and credttors receivable I payable within one year Debtors and credrtors wrth no stated interest rate and receNable or payable within one year are recorded at transaction pnce. Any bsses arising from impainnent are recognised in expenditure. (hl Impairment Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such Indation exists, the recoverable amount of the asset, or the asset's cash generating unrt. is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profft or loss unless the asset Is carrd at a revalued amount where the impairmenl loss is a revaluation decrease. (l) Leases Rentals payable and receivable under operating ses are charged to the SOFA on a straight- line basis over the period of the lease. U) Tax The chanty is an exempt charity V•7thin the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Acl 2010 and therefore it meets the definrtion of a charrtable company for UK cOrporatn tax purposes. (k) Golng concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exl. The trustees have considered the level of funds held and the expected Ve1 of income and expendrture for 12 months from authonsing these financial statements. The budgeted incoff* and eXpendrtU are sufficient wrth the level of SelveS for the charity to be able to continue as a going concem. Income from donatSons 2024 2023 Grants Other donations 62,275 3,206 66.907 5.580 65,481 72.487 Income from donations was £65,481 (2023 - £72,487) of which £62.275 (2023 - £61,732) was attributable to restricted and £3,2C6 (2023 - £10.755) was attributable to unrestrted funds.
Green Doof Year Ended 31 August 2024 Notes to the Financial Statements Income from charitable activities 2024 2023 In house activrties Contracts incorr Outreach work Outsourced activrties Membership fees and rent inccmne 26.968 16,262 1,883 237 1.260 1.776 29.088 19,298 Income from charilable activities was £29,088 {2023 - £19.298) of which £29,088 (2023 - £19.298) was attributsble to unreStred funds. Analysis of expendlture on charitable activities 2024 2023 Staff costs Management costs Volunteer costs Hub costs AclNty Costs Publicity and promotion costs Outreach costs Sundry costs Professional fees Depreciation Profft or loss on disposal of assets Motor vehicle expenses Premises expenses 48.548 195 5,494 3,292 7,816 582 47,922 183 6,775 4,084 11,515 922 24 935 3,366 5,684 2,554 1,904 5,985 1.239 3.993 5.689 -110 2,318 7.080 86.136 91,853 £71,518 (2023 - £63,758) of the above costs were attnbutable to restricted funds. £14.618 (2023 - £28.025) of the at)ove costs were attnbutsble to unrestncted funds. Independent examinerfs remuneration The independent examinerfs rernUneratn amounts to an independent examination fee of £1,112 (2023 - £1,080). Trustees. and key management personnel remunerntion and expenses The trustees neither received nor waived any remunefation during the year (2023 - £Nil). The trustees did not have any expenses 1MbUrSed during the year (2023 - £Nil). io
Green Door Year Ended 31 August 2024 Notes to the Financial Statements Staff costs The total staff costs were as follows: 2024 2023 Wages and salaries PenSn costs 46,023 2.525 47.148 774 48,548 47,922 No employees received total empbyee beneffts (excluding employer pension costs) of more than £60.000. The average number of employees during the was 2 (2023 - 3). Tangiblo fixed assets Fixtures. Equikynent & other Cost or valuatÉon'. At 1 September 2023 Addrtions Disposals Revaluation At 31 August 2024 58.299 67,303 Depreciation.. At 1 September 2023 Charge for the year Impainment Revaluation Eliminated on disposals At 31 August 2024 33.461 5.689 39.150 Net book value: At 31 August 2023 24.838 At 31 August 2024 28.153 The fixtures, equipment and other above at £67.303 include £4,445 stated at ValUatn on acquisitn. li
Green Door Year Ended 31 August 2024 Notes to the Financial Statements Debtors 2024 2023 110 13 2,725 35 251 2.525 Trade debtors Other debtors Prepayments and accrued income 2,811 10 Creditors: amounts falling due within one year. 2024 2023 325 1.323 Trade credrtors Accruals and deferred incon 1,963 1,648 11 Fund reconclliation Unrestrlcted funds Unrestncted funds are represented by.. 2024 2023 Fixed assets Net Current assets 14.531 79,409 7.405 68.860 93,940 76,265 Unrestricted funds include the folk)wiryJ deSnated funds: 2024 2023 Minimum reserve fund 15.000 15.000 12
Green Door Year Ended 31 August 2024 Notes to the Financial Ststements Fund roconciliation (continued) Restrictsd funds Balance at 2023 Income Balance at 2024 Expendrture Transfer Cycle fund Bikes Visual Media Club Wheels Tumin Salaries Travel Consultancy Volunleers Outdoor activrtEs CIF Moving Together Reaching Communities Groundwork Scope Know your neoht)ourhood CIF_ 21$1 Century Prqect 392 2,703 951 78 419 174 314 2,285 777 328 263 9.166 4.537 1.731 1.990 7,435 2.547 400 2,085 7,350 57.225 2,085 5,050 57,225 22.862 62.275 71,518 13.622 Restncted funds a represented by: 2024 2023 Fixed assets Net Current assets 13.622 17,432 5.433 13,622 22,865 Fund descriptions The C cle Fund An amount of money camed forward from ttrE initial funding for the continuation of the setvices. The Bikes and Floori Fund Stoke on Trent City Council Communty Investment Fund granted a sum of money to purchase Off flooring and contribute to ne•V cycles. The I1JhIS Tumin Fund A contribution by The Bo Lottery t(ardS spectator areas of the charty. This prqect has n(y been ck)sed off. 13
Green Door Year Ended 31 August 2024 Notes to the Financial Ststements Fund reconciliation {continued) The CIF 2022 'Movrn This fund was for equipment to support the charty's accessible actNities. Reachin Communrt The Natnal Lottery Communty Fund awarded Green Door a partialty funded project grant for core costs running until 3181 August 2025. Groundworks This money funded Green Doorfs History Walks and Talks programme. Funds We awarded over a 2-year period to offer fulty furthd activty sessions to indtVKluals and groups. The Nation l Lotte Comm Fund- Kn Your N ht)0 An extension of Reaching Communrties funding to specifully focus on groups of hard-to-reach disabled servrA users. 12 Financial instruments The carying amounts of the chanty's financial instruments are as follows.. 2024 2023 Financial assets naSured at amortised cost Financial liabilrties measured at anN)rtised cost 2,835 1.963 2,811 1,648 14