2023-10-31-accounts

GPADUATES SNUG LTD FEt(y#￿ UMrrED Moorgate H￿ TQI22LG AD7Y719F* 2Y07r2024 COMPANIES HOUSE

LTD tt*fffla￿lal Ito4 BalarKe 7tD8 91014 15to 16

LTD theTn& ￿tr￿Year IreLHNI IFRS 1021 {effgJThE l 2019). This thwity cDrOnue5 ts) (twfN Prffii¥wJ I￿ sutwL atthe me in the nght ￿￿e￿￿.n￿tO ￿ a cltsorty is I S￿ in rir¥J ojr 2023 Im￿￿t w. I Wto b) famleswKI at f￿rn c05t oflmng ￿￿15 ￿ wasa r￿r￿e￿9) nwy. thirty tew Wlhs 0￿￿OrTruS OBJEcfivES AND ACllVtriES Objertives al￿ •Th Of￿ Org￿lsatA)n. Si9nifirant adivibes SNI￿1￿￿5 rai￿ fco6therlhe F4lStVV4lh a 9)31b) (b. 9JFVJtfcrfan"ls remain5th￿rt0ppncnty that w p urtyx]a￿j rL¥)atal Ca￿ kJTh)w who SNUG are why the charty exists. In 2023 we new ￿9h wofile fundraisiThJ in tt form of F￿cY Dress Para(le5. These e¥￿ts held in Exeter and Ir6t(M-NLYth Dew)n brought communths together were a great 9xcess. They will be 10Kated in the next year and IK¥¢fvlly grown. SNUG ha5 seen farnily numbe irKrease thanks to a rmre r¥e xtial malia preserKe. l>Jr ck)s8J SNiKiw5 Wptkyt pbge n¢)w has over 1000 fafflilies receNing sharirvj wppjrt to each cther. C*Jr Wb1￿ faOtvJ,￿lJX￿tlThj SNUG. pages continue to grow and are useful for tsiry.

cl￿TrUth5 VOLVNTEERS dgererr6lty,￿1irIjaSa9Xfjr0j￿*ttsf￿1pS[￿m￿a￿C1￿w￿lyu￿￿ty.We￿ew￿jd0fujr Public bener

ttYear E[K￿ 311kn2023 FINANCIAL REVIEW rinancial position Theth￿lty hasasiabkfnan(ial TrCEOaTrJ tMJikJiro reètM)ThthFS Wth trusts and foundations. ToNards tr ajj cltlis fl￿1 swr, sÉYJJr&l a Yea￿ ftnSr#J fyryn The Reser¥e5 policy Int￿￿rna1￿.m￿t￿rj ￿to￿n￿ntfv rt ￿5￿b.￿theYar￿t1tyQf￿S ¥uwre,theP&4rdcl operatingcos. The Board meet warterfy as as hotrjing adthliC￿al meeb.ngs to revie￿ Wets and agree stratJ￿ deVelopn￿t for ￿ tharity. as requir&l. Q)mmitma)t frcwn ￿ Truthe conkn"nue5 to be ￿tellertt wth meets"ThJs ￿￿11 and contribubons from all. ￿ Board are l(N)king to recruit fvrth¥ members in the coming year and are partiojlarly interest&1 in seekMI9 rewesentknn from the BAME cornmunity and th9se with lived experien statement olTrustees Re5PW5ibilitles The trusrees IY4ho a￿ the directors of Supwt"n9 N￿ts1 Uws G￿ateS for the purp)ses of company law) are respmble fLY weparing Rep)rt of ￿ Tru#ees and the financk31 ststements in accordance vrith ar¢4tsL iknited knuntmig Pracbce. Company law requires the tru#ees to ￿epa￿ finar￿la7 statements for ￿ fina￿la1 year whth give a true and fair of the state of affairs of the chartable (￿panY and of the incomnj reEourtes and a￿￿ts.0n ￿ ￿5(￿jr£e5, inclu(frng the income and expenditu￿, of ￿ charitable company for that pericKI. In weparing finarKial statements, the trLth5 are reqLMred to.. select suitatrAe accountiThJ OiciFs and th￿n con5ithtty' • obs&ve the methods aTrJ priTh0p￿s in Chanty SOAP; • make judgements and e￿MateS that a￿ rea￿ab and • prep￿e the financial ststements on the ￿)Ir￿J b￿"S unl￿5 rt ts inwowwtr to prÈyffi that Ihe tharitsble c(mparhy will ccrtsnue ￿ tr%&nes&

tLYttYwErthJ31 Cth3J23 The bw5tees a￿ re¥Kmsible for W¥ng accowtiTrJ m)rds ithse with reaSona￿e accuracy at any b.rne the finar#ial oFthe tharitatAe comparry aTrJ to enaL4e them to ensure that the fina￿lat stat￿￿}ts cornp￿ the C￿￿leS Act 2006. They a￿ also reskrJnsit4e safeguarding Ihe assets of the charitsbk company for taking reawable steps for the prevenlkjn and detertkjn of fraud and oth& Going concern STRUCTURE, GOYERNANU AND MANAGEMENT 6o¥ernlng document tyswè1Re￿Ijtth0n 13th￿2017. REFERENCE AIID ADMINISYIAn￿ rErAILS Registsred Company number (fjTr179I&w￿a1jw￿) Registered Charity nwnbtr 1171443

NE(￿T￿Ll￿& fcr sr£pherL5&kn Curzon HrAtse Exet Exiips Trnste (Ckkir} trscfv (T￿9￿¥1- Ak¥dntsY i Cttota 2023 MSC Fcarlton tsRSv￿￿mS(kWF 14thIty Z023 m￿ L Wak IndependeTht Examinqr Michaelyoung 1ry•45 knrnrted MoorgateJuse r¥JStreet TQ122LG

GRADUATES SNUG Coftyanv) 2023. Respomlblllles •1 A￿￿tharity1N&eesr1b￿c[￿￿￿y{•￿kn￿s￿r￿ily5tsfvwr￿ss0￿C£nVmny￿knw)>oua[eresPUtstle Havirrtjsatisl￿ M￿￿thattr￿c(>jr￿(￿thÈCthnkwJef￿￿￿￿I8Itr)te￿￿￿￿JU￿￿p￿1I6c1ts2( asCarrEdWtuTrsk￿ 145offv(tsttie%Prt2O11(b￿3)1I￿rJ. In¢xryYKJLXrtnyeAanwthonlh frknBJthetirthn$9W 145(SXb)rf11*2011 PLt Indep•dent￿mIne￿s$IItanthtt an irnlwdthte¥Aminati￿: c of Irthnd IFRS I02}J. Kin9Streei TQ122LG

2023 2022 INCOME AND ENDOWIIUITS IROII 19.6 ns10 85.863 Tolal 232iM n.510 95,714 86.585 Chorty 331 28216 6V47 LI3.￿2 1.963 Tolal 28216 115,765 NEI INCOME I IEXP8IDlliV (17.784) 129.1801 {17.784) 44294 2ViO 129,1801 AEcoMauAlloM OF io 19,697 61,076 TOTAL FUNDS CAR￿￿ FORIIIAD 1.913 56,493 31.896

IrKe sheet FtrtreYearErthl 31 Lkntr1123 Tatsl Tcal fuTrJ5 FLXED ASSETS Targlka I,cos CVRRPIT A￿ET$ Debtor5 Cath atbank 315 315 4.327 %,493 Go￿20 38,731 CREorroRS (1762) (1762) (7,840} NEf QJRREIU >55￿5 1.565 56,493 58058 30,891 TOTALASSEfs LESSCURRENT UABILMES 1,913 56,493 31,896 1.913 56.493 31,896 FUNDS io 1913 56h93 19.697 12.199 31.896

LTD BrKe sheet charrtatr1ec0rr￿Y￿5￿￿1￿t%èn0Ijlf[Q￿aKmkns￿41?dtrtcunt¥n￿5kt2r￿fjtrTd￿Year 31 O¢t(tr 2023. 2023 in ￿cOrdan￿w￿s￿￿476￿thecrynp￿¥eskt2O Cunpani¢s*£t 2C(6 aTr asatthe￿d ofethfin¥xialyew￿￿itsWbj5Lydth]t￿e&hfin&￿ki1 y11￿COn1)r￿eWththe ALt2OC6rdatMigtofna￿a1&at&mts, 9)fara5aWK&ktothed￿rlt&j￿￿pa[ky. 5ubjettto thesmall companies r8Jime. its ￿half try..

AcC1>UNn￿ p(xtt 14t .Zfhoi¢x Taxatic

LID Puryoses of Restrlcted Funds The Nwn*l Pathways F 2U23 mrd&

LTD thefi 2022 NETINCOlfllEXPENDrnIRE) 2023 2022 IOD TRusfEES' REMUNERATION AND BEIIEFrrs yearended 31 Octobtr 2022. Octot*r2022. srAFF cosrs 2023 2022 Z023 WaJes Sctkils 51367 182 82.426 1,187 li

tsYeaTErthMI 31Cttrts2023 T¢Aal Funts INCOME AMD ENDovll4EIITS FR( 374 85,489 85,863 Total 85m 86,585 EXPUIDMIAE ON Chaitable Chat (Jher 111,014 113,802 1,963 4,751 114014 115.765 NetInLur {3,655) {25,525} {2991 (25024) (29.1￿) Net in (1356) {29,180) 23.053 38,023 61.076 T•tsl funos onled Ixwvd Tolal COST 2.35S Add((￿)$ DisF¥)sals At 32 OLtober 2023 4577 6,932 DEPRECIATION 1.855 4,OT2 5,927 (￿￿fory At 31 10 1107 4A77 MET BOOK VALUE At 31 October 2023 31 CXtciv2022 12

TORS: AIKWNIS FALUNG DUE WrntIN OK YEAA 2023 2022 315 CAEDITOR&. A•IOUllfS FALUNG DUE IVITHIN I)HE￿Il 2023 TkaCreJrtcxs 1,970 MOVEMEiifiii BJNDS Fund At 01.11.2022 Tr)vemert Tr￿$ 3LIO.2023 19.697 (17,784) L913 Re5triLted fvnd5 13.6381 18,561) 56,493 44.294 8.561 N￿￿1 ProRtt 56h93 56A93 12.199 TOTALFUNDS 24$10 58A06 ReyxJrce5 Fund Ge￿1 fu 23,20q (40.988) (17,784) 10,961 (14.599) 13,638) {8,561) 18,561) {5,056) 56,493 {26.2161 44.291 61.549 72.510 roTAL FUNDS 95,714 (693041 11510 13

tothefnancialsts (cYtt*YearEThtsJ 311knts2023 io. 14oVEMEP￿1N FUNDS(continued) Comparative5f•r infvrnts FUTh 01.11.2021 t4)%￿￿ Transfers 31.10.2022 23,OS3 (3.655) 19.697 38.023 (34,Cth) 8,561 38,023 (25.525) iyj) 8,561 12,199 1293) TOTALFUNDS 6¥076 (29,1801 31.896 Re9yJrces (4.751) (3,6551 75,489 llC8,575) {34.C661 io,oc {1,4391 8,561 85.489 IIIL,0141 125,5251 TOTAL FUNDS ii. RELITED DisaosuRES 14

2023 2022 IIICOME AND EWOVIMBll5 373 85.49) Gwts 74510 722 Totsl fft5aW Wages 83.613 1,492 Irwjrartte 149 1,247 8A) ij) trainiNJ 1.456 3,396 356 347 3.342 313 L255 Cc¥wkn'ThJ L607 Cirexpense5 1,163 6,09) 107 257 618 1,245 Ic#) CLNnwtsequiprrn

NECN4TPL LTD rtheyear 2022 SWI 6.545 16