2024-12-31-accounts - Cp Teens UK

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CP Teens UK

Charity No. 1172105

Trustees' Report and Unaudited Accounts

31 December 2024

CP Teens UK Contents

	Pages
Trustees' Annual Report	1
Statement of Financial Activities	6
Balance Sheet	7
Notes to the Accounts	8
Statement of Cashflows	16
Detailed Statement of Financial Activities	17

CP Teens UK Trustees Annual Report

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2024.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1172105

Principal Office

Northern Gateway Saltergate Chesterfield Derbyshire S40 1UT

Trustees

The following trustees served during the year:

Andrew Conneely Jillian Hitchin Karen Holland India Hollingworth Timothy Lowe Deborah Simpson (Chair of Trustees)

Bankers

Natwest 5 Market Place Chesterfield S40 1TW Address Line 5

CP Teens UK Trustees Annual Report

OBJECTIVES AND ACTIVITIES

The purposes of the charity, as set out in its governing document are the promotion of social inclusion among young people aged 10 to 25 years old with physical disabilities, who are socially excluded from society, or parts of society, because of their disability. To provide help, support and advice for young people with physical disabilities and their families. To provide workshops, forums, advocacy and general support along with recreational facilities and opportunities in the interest of social welfare and improving conditions of life.

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Throughout 2024, we have worked extremely hard to ensure that the objectives have been met and that our work has been for the public benefit. Despite having to take an enforced semi-hiatus period due to our troubles with our social media platforms, we have continued to deliver both in-person and online events & activities to cater for all and remain accessible.

Due to having a semi-hiatus period, we have taken time to review our services and delivery, and therefore, we have not delivered as many events and initiatives in 2024 as we usually would during the period of a year .

In writing this report, the Trustees have had to consider the Charity Commission’s general guidance on public benefit.

In 2024, CP Teens UK has:

Delivered in-person events & initiatives catering for a range of interests. All of our events & initiatives are aimed at bringing young people with physical disabilities together in a social & supportive environment where they feel included and part of a network. In 2024, we delivered:

o A social day in Sheffield with bowling & a meal

A canal trip and social in Sheffield
The CP Teens UK Annual Sponsored Wobble (see below)
A 10th Anniversary celebration party for 20 service users who have
contributed significantly/been heavily involved with CP Teens UK over the past 10-years.
Delivered our popular Chit & Chat initiative; an online social initiative where youngsters from across the UK join virtually for an hour of socialising, chat and fun. Chit & Chat enables youngsters to join in & get involved from wherever they are. Sometimes travel can be problematic for youngsters with physical disabilities & their families, so delivering online makes our charity & services accessible. Youngsters with physical disabilities also often struggle with confidence, so joining in from home in the first instance has shown to provide many youngsters with the confidence to then go on to attend our in-person events & initiatives.
The Sponsored Wobble - a 5k accessible challenge through Chatsworth providing the opportunity for youngsters & families to come together, and an opportunity to raise money for CP Teens UK.
2 -

CP Teens UK Trustees Annual Report

Continued to connect and unite physically disabled youngsters in-person and online in safe and monitored environments, enabling friendships and combating loneliness and social isolation
3 -

CP Teens UK Trustees Annual Report

FINANCIAL REVIEW

During the year to 31 December 2024, the charity received income from charitable events and donations of £14,561.
The charity's overheads comprised £2,122 event costs, £706 Public Liability/Safeguarding insurance, £9,259 rent, £454 non-domestic rates, £1,082 website/publications, £129 telephone, £796 stationery/office costs, and £739 sundry.
No further fixed assets were purchased during the year. The depreciation charge on existing fixed assets was £289 (20% Reducing Balance)
As at 31 December 2024 the charity held cash funds of £56,181 and fixed assets of £1,154.
The board of trustees considers the charity to be in a stable financial position to continue as a going concern and focus on delivering the objectives outlined in its governing document.
The charity does not have any paid employees and has minimal monthly outgoings (premises overheads). As such, a formal Reserves Policy has not yet been established. The trustees will continue to review the situation on a quarterly basis and should the need arise, a policy will be formulated.

STRUCTURE, GOVERNANCE AND MANAGEMENT

CP Teens UK is a CIO (Charitable Incorporated Organisation). The charity is controlled by its governing document and its Board of Trustees.

The appointment of trustees follows the procedure outlined in the charity’s governing document. The Board of Trustees follow and adhere to the procedure. One third of the trustees stands down on an annual basis and are re-elected by the charity’s members (i.e. the trustees).

New trustees undergo a formal induction process; they are provided with the charity’s mission, aims and objectives and are provided with a full insight into the charity’s work. New trustees are also provided with the charity’s policies and code of conducts. All prospective trustees are DBS checked prior to successfully obtaining a role on the Board.

When considering the co-option and recruitment of trustees, the Board has regard to the requirement for ensuring that there is a balance of knowledge and expertise to govern the charity effectively. The Board also is careful to balance the number of parents of young people with disabilities to the number of people who are not parents of young people with disabilities.

Statement of trustees' responsibilities in relation to the financial statements

CP Teens UK Trustees Annual Report

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

Deborah Simpson Trustee

20 September 2025

CP Teens UK

Statement of Financial Activities

for the year ended 31 December 2024

Unrestricted funds 2024 £ 12,066 1,951 544	Total fundsTotal funds 2024 2023 £ £ 12,066 13,223 1,951 11,307 544 265	Total fundsTotal funds 2024 2023 £ £ 12,066 13,223 1,951 11,307 544 265

14,561 2,122 13,454	14,561	24,795
	2,122 13,454	10,264 8,341

15,576 -	15,576	18,605
	-	-

(1,015) -	(1,015)	6,190
	-	-
(1,015)	(1,015)	6,190


(1,015) 58,350	(1,015)	6,190
	58,350	52,160
57,335	57,335	58,350

CP Teens UK Balance Sheet

at 31 December 2024

Charity No. 1172105 2024 £ Fixed assets Tangible assets 10 1,154 1,154 Current assets Cash at bank and in hand 56,181 56,181 Net current assets 56,181 Total assets less current liabilities 57,335 Net assets excluding pension asset or liability 57,335 Total net assets 57,335 The funds of the charity Restricted funds 11 Unrestricted funds 11 General funds 57,335 57,335 Reserves 11 Total funds 57,335	2023 £ 1,443
	1,443 56,907
	56,907
	56,907 58,350
	58,350
	58,350
	58,350
	58,350
	58,350

Approved by the trustees on 31 December 2024

And signed on their behalf by:

Andrew Conneely Trustee

20 September 2025

CP Teens UK Notes to the Accounts

for the year ended 31 December 2024

1. Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if 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.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Designated funds These are unrestricted funds earmarked by the trustees for specific purposes.
Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates.
Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts.

Investment income This is included in the accounts when receivable.

CP Teens UK Notes to the Accounts

Income cont.

Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets

Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs.
Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.

Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates to write off each asset over its estimated useful life:

Equipment

20% Reducing Balance

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

CP Teens UK Notes to the Accounts

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered.

Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are considered in arriving at net income/expenditure.

Leased assets

Where the charity enters a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. If lease incentives are received to enter operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

10 -

CP Teens UK Notes to the Accounts

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

11 -

CP Teens UK

Notes to the Accounts

2 Statement of Financial Activities - prior year

2 Statement of Financial Activities - prior year
Income and endowments from: Donations and legacies Charitable activities Other Total Expenditure on: Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 3 Income from donations and legacies General Donations 4 Income from charitable activities Annual Ball Other Events Other income	Unrestricted £ 12,066 12,066 Unrestricted £ 1,800 - 151 1,951	Unrestricted funds 2023 £ 13,223 11,307 265 24,795 10,264 8,341 18,605 6,190 6,190 6,190 52,160 58,350 Total 2024 £ 12,066 12,066 Total 2024 £ 1,800 - 151 1,951	Total funds 2023 £ 13,223 11,307 265
			24,795 10,264 8,341 18,605 6,190 6,190 6,190 52,160 58,350 Total 2023 £ 13,223
			13,223
			Total 2023 £ 10,074 1,233 -
			11,307

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CP Teens UK Notes to the Accounts

5 Other income

Bank interest receivable 6 Expenditure on charitable activities Expenditure on charitable activities Annual Ball Other Events 7Other expenditure Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs 8 Net (expenditure)/income before transfers This is stated after charging: Depreciation of owned fixed assets	Unrestricted £ 544 544 Unrestricted £ - 2,122 2,122 Unrestricted £ 9,713 289 3,452 13,454 2024 £ 289	Total 2024 £ 544 544 Total 2024 £ - 2,122 2,122 Total 2024 £ 9,713 289 3,452 13,454	Total 2023 £ 265
			265
			Total 2023 £ 5,282 4,982
			10,264
			Total 2023 £ 4,382 361 3,598
			8,341
			2023 £ 361

9 Staff costs

There were no employees during the period

13 -

CP Teens UK Notes to the Accounts

10 Tangible fixed assets

Cost or revaluation At 1 January 2024 At 31 December 2024 Depreciation and impairment At 1 January 2024 Depreciation charge for the year At 31 December 2024 Net book values At 31 December 2024 At 31 December 2023 11Movement in funds Restricted funds: Unrestricted funds: General funds Total funds 12 Analysis of net assets between funds Fixed assets Net current assets	At 1 January 2024 £ 58,350 58,350	Incoming resources including other gains/losses £ 14,561 14,561	Equipment £ 6,417 6,417 4,974 289 5,263 1,154 1,443 Resources expended £ (15,576) (15,576) Unrestricted funds £ 1,154 56,181 57,335	Total £ 6,417
				6,417
				4,974 289
				5,263
				1,154
				1,443
				At 31 December 2024 £ 57,335
				57,335
				Total £ 1,154 56,181
				57,335

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CP Teens UK Notes to the Accounts

13 Reconciliation of net debt

Reconciliation of net debt
Cash and cash equivalents Net debt	At 1 January 2024 £ 56,907 56,907 56,907	Cash flows £ (726) (726) (726)	At 31 December 2024 £ 56,181
			56,181
			56,181

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CP Teens UK Statement of Cash flows

for the year ended 31 December 2024

Cash flows from operating activities Net (expenditure)/income per Statement of Financial Activities Adjustments for: Depreciation of property, plant and equipment Dividends, interest and rents from investments Decrease in trade and other payables Net cash (used in)/provided by operating activities Cash flows from investing activities Dividends, interest and rents from investments Net cash from investing activities Net cash from financing activities Net (decrease)/increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Components of cash and cash equivalents Cash and bank balances	2024 £ (1,015) 289 (544) - (1,270) 544 544 - (726) 56,907 56,181 56,181 56,181	2023 £ 6,190 361 (265) (1)
		6,285 265
		265

		-
		6,550 50,357
		56,907
		56,907
		56,907

16 -

CP Teens UK

Detailed Statement of Financial Activities

for the year ended 31 December 2024

Income and endowments from: Donations and legacies General Donations Charitable activities Annual Ball Other Events Other income Other Bank interest receivable Total income and endowments Expenditure on: Charitable activities Annual Ball Other Events Total of expenditure on charitable activities Premises costs Rent Rates General administrative costs, including depreciation and amortisation Depreciation of Equipment Equipment expensed General insurances Information and publications Software, IT support and related costs Stationery and printing Sundry expenses Telephone, fax and broadband Total of expenditure of other costs Total expenditure	Unrestricted funds 2024 £ 12,066 12,066 1,800 - 151 1,951 544 544 14,561 - 2,122 2,122 2,122 9,259 454 9,713 289 - 706 1,082 - 796 739 129 3,741 13,454 15,576	Total funds 2024 £ 12,066	Total funds 2023 £ 13,223
		12,066	13,223
		1,800 - 151	10,074 1,233 -
		1,951	11,307
		544	265
		544	265
		14,561 - 2,122	24,795 5,282 4,982
		2,122	10,264
		2,122 9,259 454	10,264 4,048 334
		9,713	4,382
		289 - 706 1,082 - 796 739 129	361 61 1,068 1,153 504 457 226 129
		3,741	3,959
		13,454	8,341
		15,576	18,605

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CP Teens UK Detailed Statement of Financial Activities

Net gains on investments Net (expenditure)/income Net (expenditure)/income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	- (1,015) (1,015) - (1,015) 58,350 57,335	-	-
		(1,015)	6,190
		(1,015) -	6,190 -
		(1,015)	6,190
		58,350	52,160
		57,335	58,350

18 -