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← Move Into Wellbeing

2024-08-31-accounts

Charity registration number 1172264 (England and Wales)

Company registration number CE009740

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MOVE INTO WELLBEING ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

MOVE INTO WELLBEING

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

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Charity number

Ms H A Zachariah Mrs R J Hunt Mrs S K Kuznierz Miss C A Gray Mrs J M Donner

1172264

(Appointed 2 March 2024)

Company number CE009740 Registered office 41 Oakbrook . 313 Goldhawk Road London United Kingdom W6 OWU

Independent examiner

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Reddy Siddiqui LLP 183-189 The Vale

Acton London United Kingdom W3 7RW

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CONTENTS

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Trustees' report 1
Independent examiner's report 2
Statement of financial activities 3
Balance sheet ‘ 4
Notes to the financial statements 5-10
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TRUSTEES' REPORT (INCLUDING DIRECTORS’ REPORT) FOR THE YEAR ENDED 31 AUGUST 2024

The trustees present their annual report and financial statements for the year ended 31 August 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the ClO's constitution, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as “amended for accounting periods commencing from 1 January 2016)

Objectives and activities

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The CIO's abjectives are the relief of those in need by reason of disability, particularly but not exclusively from Parkinson's disease. This purpose is achieved by the provision of bespoke weekly dance and exercise classes. The dance and movement in the classes are especially important for stimulation, circulation, co-ordination, strength, confidence and balance, all qualities conducive to improved management of daily tasks that may be difficult.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the CIO should undertake.

Financial review

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It is the policy of the CIO that unrestricted funds which have not been designated for a specific use should be maintained at a ‘level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this jeVel will ensure that, in the event of a significant drop in funding, they will be able to continue the / CIO's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The trustees have assessed the major risks to which the CIO is exposed, and are satisfied that systems are in - place to mitigate exposure to the major risks.

Structure, governance and management Move Into Wellbeing is constituted as a Charitable Incorporated Organisation registered with the Charity Commission on 27 May 2017 under charity number 1172264. It is governed by constitution.

The Trustees who served during the year and up to the date of signature of the financial statements were: Mr GA Foster (Resigned 4 November 2023) Mrs V AM Martin (Resigned 2 March 2024) Mr D E Wood (Resigned 10 May 2024) Ms HA Zachariah Mrs R J Hunt Mrs S K Kuznierz Miss C A Gray Mrs J M Donner (Appointed 2 March 2024)

None of the Trustees has any beneficial interest in the CIO.

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Ms H A Zachariah Mrs J M Donner
Trustee Trustee
Dated: 15 November 2024 Dated:15 November 2024
4. ZAK4, aie( /) De
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MOVE INTO WELLBEING

| report to the trustees on my examination of the financial statements of Move Into Wellbeing (the CIO) for the year ended 31 August 2024.

Responsibilities and basis of report

As the trustees of the ClO (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

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Having satisfied myself that the financial statements of the CIO are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, | report in respect of my examination of the CIO’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

| 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 understanding of the financial statements to be reached.

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Reddy Siddiqui LLP

183-189 The Vale

Acton London

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STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2024

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
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2024 2024 2024 2023 2023 2023
Notes £ £ £ £ £ £
Income from:
Donations and legacies 3 2,114 1,000 3,114 2,066 1,000 3,066
Charitable activities 4 20,486 - 20,486 20,561 - 20,561
Total income 22,600 1,000 23,600 22,627 1,000 23,627
Expenditure on:
Charitable activities 5 20,880 3,105 23,985 18,956 3,180 22,136
Total expenditure 20,880 3,105 23,985 18,956 3,180 22,136
Net income/(expenditure) and
movement in funds 1,720 (2,105) (385) 3,671 (2,180) 1,491
Reconciliation of funds:
Fund balances at 1 September
2023 40,774 2,365 43,139 37,103 4,545 41,648
Fund balances at 31 August
2024 42,494 260 42,754 40,774 2,365 43,139

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

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BALANCE SHEET

AS AT 31 AUGUST 2024

2024 2023
Notes £ £ £ £
Current assets
Debtors 10 - 348
_Cash at bank and in hand 43,354 43,767
43,354 — 44,115
Creditors: amounts falling due within
oneyear		 11 (600) (976)
Net current assets 42,754 43,139
The funds of the CIO
Restricted income funds 12 260 2,365
Unrestricted funds 13 42,494 40,774
5 42,754 43,139

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 August 2024.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation offinancial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 15 November 2024

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Ms H A Zachariah Mrs J M Donner
Trustee Trustee
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Company registration number CE009740 (England and Wales)

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

1 Accounting policies

Charity information

44 Accounting convention

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The financial statements have been prepared in accordance with the ClO's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The CIO is a Public Benefit Entity as defined by FRS 102.

The CIO has taken advantage of the provisions in the SORP forcharities not to prepare a statement of cash flows.

The financial statements are prepared in sterling, which is the functional currency of the ClO. Monetary amounts in these financial statements are rounded to the nearest £.

The financial “statements have been prepared under the historical cost convention, [modified to include the revaluation 6f freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the ClO.

1.4 Incoming resources Income is recognised when the CIO is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the CIO has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the ClO has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

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MOVE INTO WELLBEING NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

(Continued)

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Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Liabilities are recognised when resources are expended. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Financial instruments are recognised in the CIO's balance sheet when the ClO becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the CIO’s contractual obligations expire or are discharged or cancelled.

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

2 Critical accounting estimates and judgements

The estimates and underlying assumptions are reviewed on an. ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2024 2024 2024 2023 2023 2023
£ £ £ £ £ £
Donationsand gifts 2,114 - 2,114 2,066 - 2,066
Grants - 1,000 1,000 - 1,000 1,000
2,114 1,000 3,114 2,066 1,000 3,066
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Charitable income
Classes 19,869 15,214
Other income 617 5,347
20,486 20,561

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2024

5 Charitable activities

Charitable Charitable
4 = Expenditure Expenditure
2024 2023
£ £
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Share ofsupport costs (see note 6) 23,385 21,536
Share ofgovernance costs (see note 6) : 600 600
23,985 22,136
Analysis by fund
Unrestricted funds : 20,880 18,956
Restricted funds 3,105 3,180
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23,985 22,136
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Fortheyéarended 31 August 2023
Unrestricted funds 18,956
Restricted funds 3,180
22,136
6 Support costs allocated to activities
2024 2023
£ £
Support costs 23,385 21,536
Governance costs 600 600
23,985 22,136
Analysed between:
Charitableexpenses 23,985 22,136

7 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the CIO during the year.

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

8 Employees

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The average monthly number of employees during the year was: a 2024 2023 Number Number Total - -

There were no employees whose annual remuneration was more than £60,000.

9 Taxation

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The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

10 Debtors

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10 Debtors
2024 2023
Amounts falling due within one year: £ £
Otherdebtors - 348
11. Creditors: amounts falling due within one year
2024 2023
£ £
Other creditors - 375
Accruals and deferred income 600 601
600 976

12 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 Incoming Resources At 31 August At 31 August
September resources expended 2024
2023
£ £ £ £
2,365 1,000 (3,105) 260
Previous year: At 1 Incoming Resources At 31 August
September resources expended 2023
2022
£ £ £ £
4,545 1,000 (3,180) 2,365

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

13 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are « not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

: At 1 Incoming Incoming Resources At 31 August
September resources expended 2024
2023
u* £ £ £ £
General funds 40,774 ~ 22,600 (20,880) 42,494
Previous year: At 1
September		 Incoming
resources		 Resources
expended		 At 31 August
2023
2022
£ £ £ £
General funds 37,103 22,627 (18,956) 40,774
14 Analysis ofnetassets between funds
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
At 31 August 2024:
Current assets/(liabilities) 42,494 260 42,754
42,494 260 42,754
Unrestricted Restricted Total
funds funds
2023 2023 2023
£ £ £
At 31 August 2023:
Current assets/(liabilities) 40,774 2,365 43,139
40,774 2,365 43,139

15 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).

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