Flo Charitable Trust (Registered charity, number 1172115) Financial statements for the year ended 30 September 2023 Page Contents Trustees, annual report Independent examiner's report Receipts & payments account Statement of assets & liabilities Notes to the accounts capLUS COMMUNITY ACCOUNTING Flo Charitable Trust Trustees, annual report for the year ended 30 September 2023 Full name Flo Charitable Trust Organisation type Charitable incorporated organisation Registered charity number 1172115 Principal address 5 Poulton Drive, Nottingham, NG2 4BN Trustees Christopher Lawton Scott Underdown Alex Hallford Mark Deans, Chairman Elizabeth Nelson, Women & Girls Officer Andrew Wright, Treasurer Independent examiner John O'Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG15GL Governance and management The charity is operated under the rules of its CIO Foundation adopted 16 March 2017 and most recently amended 27 January 2019. Objectives and activities 1. The promotion of community participation in healthy recreation in particular by the provision of facilities for skateboarding and other similar wheeled sports including BMX. 2. To advance in life and relieve needs of young people through A) The provision of recreational and leisure time activities provided in the interest of social welfare designed to improve their conditions of life., B) Providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals. 3. To advance the arts for the benefit of the public and young people in particular, through the provision of workshops and performance space for music, media, art, photography and art forms. Public benefit statement The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit,. Flo Charitable Trust Summary of the main activities undertaken for the public benefit The main activities undertaken for the public benefit centre around a range of ages, genders and socio-economic Flo Charitable Trusts having access to specified, targeted coaching and participation sessions allowing them healthy recreation and community involvement. We make low cost spaces to allow participation and development in the arts available as well as focussing on training and development of young people in developing key skills in both coaching and inter-personal skills. Key activitieslservices.. Beginner Skateboard Sessions Women and Girls Skateboard Sessions Over-30's Skateboard Sessions - all Ability 18+ Beginner Skateboard Sessions All Age All Ability Skateboard and BMX Sessions Alternative Education Provider Flo Charitable Trust Skateboard Sessions Home Schooling Community Skateboard Sessions New Wave, LGBTQ+ & Marginalised Gender Sessions Sessions provided for refugee support charities Provision of low cost artist studio space Music Practi￿ Room for local young people and bands provided at zero cost Coaching provided at all sessions Volunteer Coaching Scheme Skateboard Great Britain Hub Member A range of ages, genders and socio-economic groups have access to specified targeted coaching and participation sessions allowing them healthy recreation and community involvement The training and development of young people in developing key skills in both coaching and inter-personal skills Low cost spaces to allow participation and development in the arts Elite and 'Pipeline' coaching facility working alongside the National Governing Body Summary of the main achievements during the period 2022 - 2023 was an amazing consolidation year for Flo Charitable Trust. As the first firmly 'post-pandemic' year, with a stable staffing model of'Head Coach,, 'Beginners Coach, and 'lnclusion Coach, we could now deliver a timetable aimed at all our target groups (see the activities list) certain in the knowledge that we could deliver a stable, professional and safe programme every day of the week. The growth in staffing came at a cost as we chose to use up some of our surplus to support 4 staff on a living wage, however 22-23 saw us stabilise this and broadly breakeven across the year. We are so proud of our coaches, accomplishments with Meg travelling to Palestine via the 'SkatePal' scheme to teach skateboarding and Alec travelling to Tanzania to coach their Olympic team. Flo Charitable Trust Across the year we held a rango of major events induding a Halloween Jamlcomp swiftly followed by SBGB'S first'supiival of the bickesf youth competition with skaters travelling to Nottingham from across the UK. We have the 42 Shop annual Birthday Bash as part of the calp.ndsAr with the challenge being how to match last years 'London Taxi. skateable object.- Uiib yeiif <1 ?ikateable piano! In contrast to this we also welcomed our first British Armed Forcas event to Flo with representatives from all three branches attendlng th8 park. Our associaknon wilh SBGB r￿ntinUeS to be our key strategic and operational partnership. Their help and support for us as well as the gains we make as a park by being at the centre of their Hub programme have cL)ntributed to the professionalism of the park every day we operate. We continue to focus on inclusion and adopted the New Wave ethos in our indusive sessions. We have great difficulty in breaking even on these sessions but feel they are an investment in the ethos and intent of the park as a safe and welcoming Space to be, tneet and partlclpate In the amazing skateboard community. We I￿k on an additional 630 registratinnq with an extraordinary milestone being reached. for the first time we achieved 9eiidei Pdrily in new reqlstratlons for the park vlbth more girfs than boys becoming regular 'repeaV skaters for the first time. A key relationship every year is with the Trent UON Skateboard Society board members - we do our utmost to support the board member8 in delivering a new strand of 18 yeai uld into becoming Flo regulars. The ¢haritys policy on reserves We aim to keep £18.000 In reserve and are working tovRrds this. Such is the ebh and ftow of the skate pork incomc ycar thè park will always need a substantial ojshion to ensure Fts survival through the 'low income. summer months. sign￿ on behalf he charsty's trustees: Signed Mark Deans. Tru Date Independent examiner's report to the trustees of Flo Charitable Trust for the year ended 30 September 2023 I report to the trustees on my examination of the accounts of Flo Charitable Trust (the charity) for the year ended 30 September 2023. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5){bl of the Act. Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. 1. accounting records were not kept in respect of the charity as required by section 130 of the Act., or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understandina of the accounts to be reached. Signed John O'Brien Mbc, FLLA, FCIE Employee of Community Accounting Plus Date 3110712024 Flo Charitable Trust Receipts & payments account for the year ended 30 September 2023 2022 2023 Note Receipts Grants & donations Fees SeNices sU￿ry re￿Ipts Total receipts 11655 76789 5681 304 94429 113 67695 9130 6529 83467 Payments Wages, Nl & pension Cor6umables Everrts Equipment Heatth & safety Insurar 61119 32 6619 2042 141 12070 1139 1516 299 6587 587 383 2104 157 161 19049 114005 65150 757 173 13669 1233 121 80 1238 Music Office & administration Professional fees Buikdiry materials Promotion & advertising Repairs & maintenance TrainirYJ SurKlry pa￿￿ents Utilities Total payments 155 833 144 282 4471 88306 (19576) Net receiptsl(payments) 41110 Cash fvnds at start of this period 21534 Cash funds at end of this period (4839) 21534 16695 Flo Charltablè Trust Statement of 888ets and Ilabllltles at 30 Septèmber 2023 Z023 Cash assats Bank acco[￿ts 21534 21534 16695 16695 Assats retslnod for tho ¢harlty's own use CCTV $￿tem, PLrchased Novembor 2021. co81 £521 Vacwm dea￿[. pUrc￿S￿ December2021, cost £598 PA System, pwdAsed March 2022, (x)st £1,425 Llabllitles Creditors 552 {552 5674 5674 Thes8 fJnanoal st*tem8nts are accepted on behalf of the charity by: Signed Elizabeth Nelson. Dated S I ruste8 Flo Charitable Trust Notes to the accounts for the year ended 30 September 2023 1. Receipts & payments accounts Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand. 2. Grants & donations Sundry grants & donations 113 113 3. Creditors Independent Examination fee HMRC- EA reclaim 648 5026 5674 4. Premises & staff The premises are provided by the local authority for peppercorn rent of £1 per annum (if demanded). 5. Trustees. remuneration Trustees received no expenses, remuneration or benefits in this period. 6. Related party transactions There were no related party transactions. 7. Glossary of terms Creditors: These are amounts owed by the charity, but not paid during the accounting period.