NEWBURY SAMARITANS Annual Report & Financial Statements For the year ended 31st March 2024 Charity Registration Number: 1170562 ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR £NDING 31 MARCH 2024 Contents Reference & Administrative Details...........-...-.. Trustees Annual Report.-.. Independent Examiners Report.............. ststement of Financial Activities Balance Sheet.................. Notes to the Financlal Statements.. ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 MARCH 2024 Reference & Administrative Details Charity Name.. Newbury Samaritans Charity Registration Number.. 1170562 58, Wesl Street. Newbury, Berkshire, RG14 IBD Principal Office= Branch Director: Andrew Melsom Branch Secretary-. Tom Lally Branch Treasurer.. Jerry Dixon Other Trustees.. Stewart Townsend Stephen Hughes Rachel Bond N3tash3 Pope Bankers= Lloyds Bank PO Box lo￿, 8x1 ILT Independeni Examiner: David Carter ACMA/CGMA 30 Broadmeadow End, Thatcham, RG18 4ED roval This ieport was approved by the trustees on 16" July 2024 and signed on their behalf by.. fj F Andrew Melsom Branch Director ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 MARCH 2024 Trustees Annual Report The trustees present their annual report and financial statements for the year ended 31 March 2024, Objerts and Activities The objects of the Charity are- To enable persons in Newbury and the surrounding area as well as elsewhere who are experiencing feelings of distress or despair, including those who may be at rlsk of suicide. to receive confidential emotional support at any time of the day or night in order to improve their emotional health and to reduce the incidence of suicide,. To promote a better understanding in society of 5ui¢ide, suicidal behaviour and the value of expressing feelings which may otherwise lead to suicide or impaired emotional health,. and To collaborate with and support Samaritans Central Charlty and its affiliated branches in fulfllling these Objects. The Trustees are satisfied that the services provided by the branch are for the public benefit. The branch has continued to offer its services In accordance with its ob}ectives and no changes are expected in the future. Achievements & Performance We hove sutteeded in providing the afore-mentioned servlces to our callers throughout the year. Volunteer5 The charity relies completely on the service5 Qf volunteers in fundraising, administration of the charity and to provide the support which is the main objective of Newbury Samaritans. There are no paid Staff, but volunteers may claim travelling expenses. Financlal Review The principal funding sources are donatlons. grants* gifts and other fundrai5in8 activities. Reserves pollcv 11 The trustees have set a reserves policy which requires that.. Reserves be maintained at a level which ensures that Newbury Samaritans core artivlty could continue during a perlod of unforeseen difflculty. A proportion of reserves be maintained in a readily realisable form. 2} The calculation of the requlred level of reserves is an integral part of the organisation's plannin& budget and forecast cycle. 31 It takes into account: ANNUAL REPORT & FINANCIAL 5TATEMENT5 FOR THE YEAR ENDING 31 MARCH 2024 Risks associated with each stream of income and expenditure being different from that budgeted Planned activity level Organisation's commitments 41 Other considerations Newbury Samaritan5 own outright the freehold of the premises at 58, West Street, Newbury. There is insurance in place to cover any major incident. It is the policy of the Trustees to maintain the property to a high standard. 51 It IS the poliry of the Trustees to hold £5(K)O in reserve for any major breakdown or cost not covered by insurance. 61 It is the policy of the Trustees to hold in reserve sufficient funds to cover annual running costs for a period of 18 months. 71 Restrlcted funds can only be used for particular purposes of a charity that are narrower than the overall charitable purposes of the charity. Restricted funds include endowments and restrirted income funds and are excluded from the definition of reSe￿e5. However, the nature and amount of restricted funds may influence the amount of reserves held by the charity. Structure. Governance & Management The Branch is a Charitable Incorporated Organisation ICIOI and is a public benefit entity. The Branch 15 governed by a constitution that is reviewed periodically by the Trustees to ensure it 15 Still appropriate. ANNUAL REPORT & FINANCIAL STATEMEiirs FOR THE YEAR ENDING 31 MARCH 2024 Independent Examiners Report Independent examlner's report to the trustees of Newbury Samarltsns. I report on the accounts of the charity for the year ended 31 March 20243. which are set out on pages 7 to 9. Respectlve responslbllltles of trustees and examlner The charivs trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under sertion 144121 of the Charltles Art 20111.the 2011 Acfl and that an independent examination is needed. It Is my responsibility to: examine the account5 under Sertion 145 of the 2011 Act; follow the procedures laid down in the General Dirertions given by the Charrty Commission under section 1451511bl of the 2011 Act: and state whether particular matters have come to my attention. Ba$ls of Independent exarnlner's statement My examlnation wa5 carried out in accordance with the General Dlrectlons gNen by the Charity Commission. An examination includes a revÉew of the accountlng records kept by the charity and comparlson of the accounts presented with those record5. It also Includes considerat6on of any unusual items or disclosures in the accounts, and seeks explanations from you as trustees concernin8 any such matter5. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently M opinion is given as to whether the accounts pre5eDt a "true & fairf view and the report Is Ilmited to those matters set out in the ststement below. Independent examiner's statsment In connection with my examination, no matter came to my attention:_ 11 which glves me reasonable cause to believe that In any materlal respect, the requirernents to keep accountin8 records in accordance with sertion 130 of the 2011 Act. and to prepare account5 whlch accord with the accounting records and comply wlth the accounting requirements of the 2011 Art have not been met, or 21 to which. in my opinlon, attention Should be drawn in order to enable a prop¢r understsnding of the accounts to be reached. Davld Carter, ACMAICGMA 30 Broadmeadow End Thatcham RG184ED ANNUAL REPORT & FINANCIAL STATEMENT5 FOR THE YEAR ENDING 31 MARCH 2024 Statement of Financial Activities Newbury Samaritans Receipts and Payments forthe year ended 31st March 20Z4 2024 2023 INCOME: Bank Interest Fundraising Gift5 & Donations Gift Aid 499 10,453 5,210 1,787 17,949 £ 8.353 £ 5.472 £ 1,596 £ ￿,421 EXPENDITURE: Recruitment & Selection Training Volunteersupport Travel Marketing Costs Fundraising Outreach AGWDirector Expenses Centre running expenses Repairs and Improvements ITnelecoms equipment IT/Telecoms running costs Professional Fees and Insurance Sundry Expenses Branch Contribution 458 1,492 £ 240 £ 1,770 158 71 239 407 4.570 2,020 L512 L193 35 £ 284 £ 279 £ 2C8 £ 4,09) £ 4.09) £ 1,158 £ 1,407 £ 2,548 6.138 18,293 £ 3,266 £ ￿,3(ll Net of receipts/(paymentsl -£ 3, Totsl of Cash Funds at Year End 6&632 £ 66,976 Notes There are no restrlcted or designated funds. ANNUAL REPORT & FINANCIAL STATEMEt4Ys FOR THE YEAR ENDING 31 MARCH 2024 Balance Sheet Balance Sheet as èt 3tst March 2024 Flxed Assets Tangible Assets £230.(IXI Investments £230,(IXI £230,C( £230,( Current Assets l)ebtor5 Cash at bank £ 66,632 £ 6￿632 £ 66,976 £ 66,976 Liabilities Creditors Net CurrentAssets £ 66,632 £ 66,976 NetAssets £296,fA2 £2*976 Notes There are no restrirted or designated funds. The single tangible asset referred to is the property 58, West Street. which Newbury Samaritans own and from which it operates its servite5. This was valued in February 2023 and the balance Sheet reflects this updated valuation. ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 MARCH 2024 Notes to the Financial Statements Basis of preparatlon 11 These accounts Ifinancial ststementsl have been prepared under the hlstorit cost convention, with items recognised at Cost or transaction value, unless otherwise stated in the relevant notelsl, in accordance with.. al The Charities Art 2011 bl The Charities (Reports & Accounts) Regulations 2008 cl The Financial Reporting Stsndard applicable in the UK and the Republic of Ireland.. FRS102 dl The Charities SORP IFRS1021 leffettive January 20151 2) The charity meets the definition of a public benefit entity as defined by FRS 102 31 The trustees consider that there are no material uncertainties regarding the charivs ablllty to continue as a going concern. Accountlng polldes 41 Fund accounting al Unrestricted funds are those that can be expended at the discretion of the trustees in the furtherance of the objerts of the charlty. bl Designated funds are unrestrlcted funds that the trustees have set aside for particular purposes. The designation is admlnistrative only and does not restrict the trustees. ability to apply the funds. cl Restrirted funds are those that may only be used for speclflc purposes. Restrictions arise when specified by the donor. or when funds are raised for specific purpose5. Transactions with trustees and related partles 5} No remuneration was paid to the trustees during the financial year 61 The charity's insurance policy includes trustee indemnity insurance cover for all of its trustees. 9 | Page