## **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
- 1 -
**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**
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)
- 4 -
**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
- 5 -
**CP Teens UK**
## **Statement of Financial Activities**
## **for the year ended 31 December 2024**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
3
Charitable activities
4
Other
5
**Total**
**Expenditure on:**
Charitable activities
6
Other
7
**Total**
Net gains on investments
**Net (expenditure)/income**
8
Transfers between funds
**Net (expenditure)/income**
**before other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**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|
- 6 -
**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
- 7 -
**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.
- 8 -
**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.
- 9 -
**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|
- 12 -
**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
7**Other 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
11**Movement 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|
- 14 -
**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|
- 15 -
**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|
- 17 -
**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 -