Rogistered number. 10147280 Charity number. 1173449 SAFE PLACES FOR CHILDREN SECRETARIAT (A company limrt¢d by guarantse) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 "AD71AZID' 10107n024 COMPANIES HOUSE
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SAFE PLACES FOR CTrILDREN SECRETARIAT (A Ilmlted by guanrrtm) P4e R•f8ranee ¥nd admlnlstratlv• d8t#its ol thè C¢)mp, ts Trust•ts and advlse Trustees. report Ind¥pgndent audito. r¢port on the finan¢lal st4t•m Consolldat•d staternent of financial activitles 7-10 11 Consolidated balan¢• sheet 12-13 Company balanc• sh•ot Consolidated stst•mgnt vf cash flows 14 15 Notes to the flnanclal statoments 16-30
SAFE PLACES FOR CTrILDREM SECRETARIAT {A company Hmited by gUWrt•a) REFERENCE AND ADMINISTrATIVE DETAILS OF THE COITrANY, rrs TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2023 Trust• Anthony Thown nnbr 10147280 Charity regbsl•r¢d umber 1173449 Register•d office First Fkny. Triad Hous Mountbatten Cwrt Worral Street Congl8ton Cheshire CW12 1DT Indgpendont auditoffs PKF Smith cperAlit Limrted Statutory Authtors 2 Lace Market Swe Nottingham NG1 1PB Bank•rn R81 Bank of Scolland Westem Avenue Chatham ME4 4RT Solicitors Veale Wasbrough Vw15 LLP Narrsyrt Quay Narr(7w Quay Brist BS1 4QA Page 1
SAFE PLACES FOR CHILfJREN SECRETARIAT {A limil•d by guarantee) TRUSTEES, REPORT FOR THE YEAR EE0 31 DECEMBER 2023 The Irustees, WI are atso direclors of the rh7nty for Ihe pury)0ses of tha Companies Act 20C6. are pl&asad lo present their afinual Injslees. report together Tmth the finalla1 slalrnts for the year ended 31 Oec8mber 2023 which are also Pfepared lo meet th8 requirements for a directors. report ond accounts for Companies Act purpose$. The finanoal StatentS comF4y ilh tho Charities Act 2011, the com1•$ Ad 20C6. th• Memtrtndum and Artidès of Ass¢xIaln. and Ac¢ounllng and Repo"A9 by Charlies.. Stalement of Reecffjmended Pracli oppl¢able lo chili•s [eparg ththr aOnts in a¢cordar2 vrth thts FInarla1 ReptiJtirvJ Stsndard appIable in the UK and Republ¢ of Ir•faThJ IFRS 102). Obi•¢tlv•s and 4¢tivil . ObjectiV•s and activities The charitys 014thes are.. The Telf of.. chiklren. young adLAts disled po(>ple in need., and the famifyes ot thildren. yDung aJtts dISabd pecpbe in ne8d in pathular but not exclusivaly by" prdIng resKknbal. theTapeuk and rehabilitatTon seTVW arwj SUFWt seNices.' b) the relief of thos• in ne8(1 by reason of finKo1 hardshp. I h•, disa)ilty, yoth, ag9 or other disadvanlage". samè as, or swnilar to Ihe Obj19 of the Secretariat. in p8thuT• Ixrt nc4 exdusivety by sèttiw standlIS whi¢h serve lo improv¢ Ihe qualtyof cara d•livered by those other tharities." the atMerIt of Such othw 04.ects or purposos in any part of the wothy vknich e exclusivety charitJle according to the of Engknd and Waes and are in the opinion of thè IN$tees connÈeled th chiklren. ywng aduAs or disa8 pecylg lli need in such manner as the trustees may in their absdute discretion Ihink The pre$ ofthe chlty are.. To provkje therapeuliG resJenlial Ca of high ne&ts children. young •Jutts and dIsabd peoF4e. provhlng rehabilitation serwces in addit to the immedKqte needs of the >vung people. In addib"on, we seek lo use eypwEnces and kn(Avledge gain wothing with traurnati5ed young people in other Ixallons lo bring about rnprovrnts in the ¢IflencY and 8ffedNen of other organis8 working in thi$ $¢th. . W(xknng vAth the kxal authorities departrnents, 4vè avn to ras& th• stwdards and th& qualty of ¢ar delivered to al hKJh needs young by the various agenc and chailies. The objectvo$ fortl¥$ y are: To as$lst eharilies lo e5tabli5h a tearn e¢kKated. excdlen( erthUsiaSt staff to 9uth young P8OF4& a personal grovAh joumey. To seek way3 of irnproviryj the d•thvery of care to high needs yovng pecyle. To instite training. rewew and verrficalion pwrams to ensure the highest possible slaThJard of care is provled. The tharily achiev95 its obie(*ves by awstlng ts subsidiary Safes Place$ fN Chihjren UK. Page 2
SAFE PLACES FOR CHILOREN SECRETARIAT (A cryary1Smknl by guarartee) TRU5TEES' REPORT IcopinNUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Obi•cli¥9s and acll¥iti•¥ (c(tinUd) b. Fundlng We have established wo¢king reiatsnshp5 Vath var Tntstees of the Health and So¢iai Care trusts in a range of juri8diclions in Northem Ir•la)d ond EThJland. Wè have agr8emenl on the prictng structure and cost recovary m¢5 lor Caring for young peop We have increased the prKing slwdure per yjung person in Northwn Ireknd for finanuu year 2023 with a base Tate of £7.164 w chli J per week. Safe PaS are lentty stwrtirg four young pec across two house5. As the complex needs of a chihj or young porson redures to the llllen therapeulic work d8liv8r. wè wofft alon9$ig& thè Trusts and Local authoriti.es to $¢cwe less-intensrve m¢dels of ce and provide oulreach supp(yl during the yourvj pevsons transilion ol Safe Placès. whilst $wnultaneousty prowding oulreach 8lWPOrt lo neWyng pgjple tran5ilioning into servr£. this inCreS TeNEnue during Itms period. Across EnglarKI Ncxthwn Ir8faThl. we hav8 an av¥4e of 100 referra15 to our Sar per rn1h, %thic reduces tho ongc¥'ng conc¢m of buSinesslreven ntinuty. The Norltwn Ireland Twst$ are under a huge ount of pressur• to nL onty pl children and young pwte 41so to Ing young Peop back to their c<mmunitw as some young peGple are plawj south in Irelwd or olher countries. Safe Ple$ have been ab to a5SiSt wlh thi% and have 4 young people beiry support&l kK81ty and an addTtional 3 through Outre&h support. Safe Plxes have an axempry reputation irt provkaiNJ SIden1131 carg are the onty private prowder in N¢)rthem Ire. The regtslator 11a, arKI the Trusts ¢ontw¢ to prvYKle excepticmal fe8dbad regardin9 th8 qualty ofcare pro1 by Safe Pl&ts. We have determined that we provide the apprcyie serve$ at best cost to ensure the ongoing Mabilty of Safe Pkns for Chldren Secretsi. c. Publlc benefrt In F4anning th8 actmlies lor I year to meet the thwilable ot1t$. the tNstees have clryliad 7Mih Ihew duties in Secticffl 17 of the ch•$ A¢t 2011 and have consdered the Chwity CommiSsic'S genertl guidance on public benefit. Flnancial r•vioW . Flnandal revlew The charity reNed charitable rn¢ome of £1.798.1414 12022 - £1.816.895). Thero was an decrease In income ¢ompared to 2022 a5 the tharrty dosed two houses in Engknd and mcrea58d support in Northem Ireland to promde servKes to l)cal auth(¥ities. In addth"oD to this, the l¢)an befv¥een Safe Place5 for Children UK and Safe Ple5 for Childr•n Secretsrat was forgiven, Ulting in an inuease in 10t by £1.302.82712022 - £Nill. ResèTh8s pDIi¢y The p8rertt ¢h3rity he%J a deficit on unre5tsKted fvnds of £354.426 as al 31 Decwnber 202312022- surplus of £173.830}. The frustees cothue lo de¥ehJp a reserves polw the parent charity and are revwing the ¢haitls antPated arw of income and ey4)endrture to ensur4 the policy is approprig. The woup held a deficit on unrestrided fvnd5 of £110.916 as at 31 23 (2022- deficit of £1.180,9811. The charity re¢ognises the need to have posthe unrestrided tsnds and is taking $18PS to achieve thts ffi duè course. The (*arity expects to re¢er¥e "nUed support from the conne¢ted thanty Safe PJac&s Community Services rnrted. Page 3
SAFE PLACES FOR CFILDREN SECRETARIAT IA ¢(rfnp•ry limlted ty gu•rantee) TRUSTEES. REPORT {CONTINVEDI FOR THE YEAR Ela)ED 31 DECEMBER 2023 b. Going con¢wn We were supported during the estabfishmenl and inftial start-up phase by the AustraSan not-forrofil group Safe Places Australia Limrted. This supptsrting relalKJnship c"nUed througlKMrt 2023 Ènabllng the continued provi&on of finance lo conneded ¢han"b"es. Safe Place5 Australip Lvnited conb.nues to prowde Safe Places for Chiklren Secretariat wlh financial Supp As a res. the tntstees consider that it is approprtale to continue lo prware th8 financol statwnents on a gotng conc8m trAsis. c. Rlsk minagement The tru$te•5 have a risk manxgènnt strategywhth c(ryrises". monthty re¥ivw and check to ènsure ¥tandards are m•ntained, F125 uthekl aThd prc¢edures f01h• in both pra¢ti¢ ution and d0¢umwlali." ngoing wcyk by team re¥i&ing doclwnentatK. fbceTrin9 aid ott requir&7)ents for working in this highly regulated industry.. 8n annu81 revTèW of the prncapal risk8 and un¢ertaKrti8s thal the Chantyf', the establishment of polS. syst8rn and procdw to ri4lYJate risks thnbfied in annual review.. and the implementation ol prlureS desK4n8d to minlSe or marwge any potential impact on th8 tharity strould those risks matÈrialise. This work has klenti[d that baryiers to is the m4or ffflancial fisk for the charty. The approach lo chikj satety that the chaiity is promolin9 is drflerent fTom those used by other organisatTrJns in residential care and quires changès wi thinkn'ng in the fund(ng and pLac•ment ages. Attention has also b8en fiKussed M Th)frfinan¢ial risks arising from fire. ttealth and safety of staff and young people. These risks are mw8ged by ensuring is vp to de, hawng Tobust powcies and procedures in place, and regular awweness training for51aff thing in these Operatial areas. d. Fundraising The Trustees take the¥ responsiblilley ler the CharitEs {Prote¢tim and SoLyal Investment) Act 2016 Seric and have COded the implicalJns on th1 fundraising activrties. The Charity does not engage fundraising actiwty nor do85 k pelitKJn any donations from rnemters of the general public and does not work vith any third- parfy Commerci lundraiw. The Truslaas are not &var8 of any fundrasing coMplats mad8 in respect of the financial year. Page 4
SAFE PLACES FOR CHILDREN SECREfAR14T IA ¢LYnpany knll#d ty guav•nl•o1 TRUSTEES. REP<T ICONnNUED) FOR THE YEAR ENDED 31 OECEMBER 2tr23 . Fuiure plans Since the firw)¢ial year end, have made s•3nffjcant progress ti) o)rthnuirg trj estsbltsh the organisation as a premium Provider of therapeut ¢afe, bas been acn¢xledged by the re3ulator in Northem Ireland and the indivthyual trusts. Pcernents ctsnue in ojr hcrfnes aryl we have achiw8d great OLrtcomes for the Chldren and young people. We have reLed payments from the South-Eastern Trust of HSC, Northern Trust of HSC and Belfast Trust in Nrthm Irelarnl for lh Se¥. Safe Places has recewed final &censing apprla1 frorn OFSTEO fDr the Nantwith property and we will look lo support children and young peopk from ju 2024 and increase our overal revenu&, this will be outsid$ of the constraints of a tendered agreement. NanMich property V•ill be on a fe8 for seNi¢e basis urmler an individual contract for specific young pewn fora spe¢thed pericoj. Safe PlS for Cliklren UK have cOmced supporting Safe Pla Atsstrafja Ltd in Australia to source additional staffing resources. an agreed priung Sddule in place this indudes cost recovery for fixed Costs and various pay points throughout the various stages. Safe Places UK have a wdl45tablished trainlng tèam that will also train prosp&rknve slaff before tra¥d to Aust1 Tha int8matKThl recNitmanl proje¢t18 undarway and ha$ generatod atsdrtal revenue. struc. gov•mnc• and managem•nt . ConstitlOn The chanty ts Cor¥Stitut as a cffiyany by guarantee and was inwFwed on 26 April 2016. It govemed by its Memorandum and Ajtidas ol A5$0uatKffi. There is ¢urreth rn8mber. The ¢harity was re9islered 1th thè Charity Commtssicffj on 16 June 2017. b. M•thods of appolntm•nt ¢Y èlectlon of Tnwtee As sat oul in theArtirle$ of Assorwliw trust are nominaléd by the merYd)er8. c. Trusloè IndctIOn artd tralnlng The truth havg undgfgon8 0rientatv to tThl them Vir189al obligalions under charity and company law, the Charity Comrni&sion gubjanc? on public brfic Info them of the wnlent of the Mernorandum and Articles of Assoaati'on, the crnittee and decisionwmaking processes. the bLtsirsS pL%n and recent fmancial per10mnce of th• chavty. ql. Rolated parties and Cowoperntion wilh otheroryanisalions e of the truslees receiNp reM(mernt crf other benefrt from their WO with the charity. Any connecllon b•tween a Iruslee senKJr manager of the tharty an employee or ¢ontra¢tor rnusl b di$¢lcsed to the full bo¥d tsftrustees in the same way as 011r contra¢lual f•latscfthip th a related party. The charity has a ck)se relatTr1p wth Safe Pkns Australia Limited in Auslralia, a non profft with extenswa exwience and SusSeS in the care and reh*llitatn of troubkd young peopl8. Safe Pla Australia Limlted providès administration support. training and •Jvi¢e. as wel as providing fufidlr for thè ¢stsblishmenl pha50 of Safe Places for Chiklren Secretar The charily has rH)t been asked to repay arty of these lunds. and w? have assurancas that repayTff ent be required only as ond when Ihe tharity has ¢apauty lo repay. Our vi¢w 1$ that Safe Pla¢es Au8lralia LIMed and Ihe charty are Innected path5 Pursu to th• Au5tralwn a¢untr"ng stsndard$ and the United 1fjAl0rn accounting standarfs. Paga 5
SAFE PLACES FOR cHILN SECRETARIAT IA ¢ompary limited lry guaranteel TRUSTEES. REPORT {CONnNUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 stst¢rn•nt of Tnte¢s. YesponslbilitiOS The Tru$teos (who a also the I¢10r5 of Company for the purposes of c4)mwy I ara sPOnsible for preparing the Trustees. report and the finra& sts1efftS in acCrdanCe with appfi¢able tw and United KI Accounting Standards (Unit8d Trfjn9dr Gen•Acc8Ned A¢¢ountiig fv&tic8). Company requires th• Trust to prepwe fin¥Ki statements br ead) financial r. Under company I, thè Trust••s must not approve the fInKI slatements unknss they are sattsfd that they give a twe and fair ew of the stsle of affairs of the Group and the Company and of their incoming resources and applth.on of resources, including Ir uicomo and e>peTrJiture. for Ihat poriod. In preparrKJ fanCl 3tatemenl8. thè Tnjslees are Tequired to.. seled suitable accountiThJ ple$ and then ptheM C¢15t¢nty. observe the methods and princieS of th8 Charitvès SORP {FRS 1021". rnake judgments and xcounting estsmales that are reasonable aThJ prudent stale whet?r appIable UK Accounting Slandards (FRS 1021 have been f(AbJwod, sutfj.ert lo any malerial departures di[05ed and e>plained in the financial statements: prepare the financial Statements on the goirvJ concEm basis UnSS ft is in4wriyiate to presume that the Group will contsn in bu$lness. The Tru5tee5 are reswsible for keeping ajequate &eounting rordS that are Sent to $hth¥ and eXp"n the Group the Cornpanls transadions and discb)s8 wth reasonable accuracy at any ts.me the financial posrtion of the Group and tho Ccnpany and enthe to ensure that the financial ststements cornpty with the Companies Act 20(. They are a1$0 wsponsib for saleguarding the a55ets of the Group and the Company and hence for taking &S(able Steps for Ihg Prevent and delection olfrwd and other Irregarities. This pOrt has been prepared wi &COrda• T1 the spe¢ial pr¢MiiJns d Pwt 15 of the Companies Act 20C rekling to small Compan5. Di$¢losure of infoTmation to udttorJ Each ofthe person$ who are Trustees al the Ivne when this TnJstees' ret is 4wrovad has confirmed that." $0 lar as Ihal Trustee 15 aware, there ig no reknnl audit inf0mn of the charitable gro,$ auditor5 are unaware. and th8t Tius1 ha5 taken al the steps thal ougm to have been Liken as a Trustee in ord8r to be laTe ol any r¢vant audrf infom1atK and to e81¥h that the chartJle wp's auditors are aware of thal inf0wmati¢. Auditor4 The auditors, PKF Smrfh Cc)per Awjit mIted. have indiced th&r willingness to contsnu• in off. The des¥naled Trustees propose a motion reappointlg the aUdrt$ at a meetin9 of the Tw$lees. AFvroved by order of the MnbOyS ofthe Ird of Tntstsos and sA0 on tsr b?hatt ty. Anthony fhompson ITrustee} Dats.2 S.01> 2024 Page 6
SAFE PLACES FOR CTrILDREN SECRETAJIIAT IA comp•ny mited by guarnntsel INDEPENDENT AUDITORS. REP&RT TO THE AEMBERS OF PLACES FOR CFILDREN SECRETARIAT Oplnlon We havo audited the fmancia st8t¢rnents of Safe Pla¢es for Chikjren rot•i (the 'parenl chwitable companrfl and its sub&dkarr•s (the 'group) for the year ended 31 Dxember 2023 vknich compris• ihe Consolided Statemènt of financTal acivity"ès, the Consolidated balan¢e she•l, the Company balance sheet, thè Consolidated slatement of cash fi5 an(1 the retated notes, indudir¥J a summary of swJnrficant accountn poliaes. The financial reporting frework that has been aptyied in their preparat is applicable law and Unrte "ngdom Accounting Stsndards. induding Financkal Repcwiing Slandard 102 'Th8 Financial Reptsn9 Standard applble in the UK and of Irew (United rI•10M GeneraityAccepled Accounting Praclice). In owopnion the financial steIS. grve a true and far view of the stat8 of the Group's and af the parert charitsble ¢¢mpany's affHir5 as at 31 December 2023 and of the Group's wKonyng resources and applKion of reswrces, indudrn9 Ils irtome and ewéndilure foT the year then ended". have been prowty wepared in ac£wdano with Uiwlwj Igd{¥ Generalty Accepted Accounting Practicè., and have beon Kryar•J in awdance Vilh the retyirwnents ol the Companies Ad 2006 arwj the Charitie5 Ad2011. Ba515 for opinion We ¢andLKted our audrt in arLardaftce With Interna Standafds on Audng (UK> IISAS (UK)) and applicable law. Our SponsI1111'eS under those slandards are further described hi the Audrtors, rèsponsibilrties for the audil of the financial stalernents sectKJn of our rOrt. We arè indepEndenl of the GtDUP in accordance wrth the eth31 requirement$ that are rekvant to our 8wlil of the finan¢ial statements in the United .gdom, indudiro the FlnatirAal Repoiting cnCirS EthKal Standard, and we have fuifAle(l our other etht¢al responsibilrtw in 4ccordan¢e wlh these ¥equirernents. We belEve that the audit eenCe we have obtsined is sufflent and appropriate to provJe a basis for our OFIn)n. Conclusions relatlng to going concern In audib.ng the fiEwKial statements. * haw ¢on¢kKW the Trnste¢$' uJe ol the goiNJ concem basis ol aceounling irs the prtrparaticfi ofthe financial is aFfJropriate. Based on the wowk we have perfcrmed. we have n¢rt identsTd any MaIal un%xrtwnli&s whting to events or conditions Ihal, indiMdualy or cc4ledively. may cast sJnificanl doubt on Ihe Group's or Ihe parent charitable companls abilty to continue as a concern for a pemd al feast month$ from when firnarTrcial Stat ar• authoTised for issue. Our respons+i1•S ané the responsibilthes of the Trusl88s respect lo going concem are descrthed in the relevant $ectrffi$ olthis report. Page 7
SAFE PLACES FOR CHILDREN SECRETARIAT IA compwry Ilmlt•d lry guarant••) INDEPEND AuorroR¥ REPORT TO THE MEMBERS OF SAFE PLACES FOR CHILDREN SECRETARIAT IcoKfiNUED Olh•t inforrnation The dher information CLp1eS the informab'on in theAnnual rep>t clhorthan the financial statemgnts and our Al110r$. report thereon. The TnJstees are responsible for the other information contained wlhin the Annual report. Our opinion on the firwKial statements does not cover the cAheT informatim and, excepl lo the extent othemse eXprty ststed in Port. V+E do not axpress any fomi of assuranca ¢onclu5bJn Ihereon. Our resPs1b11rtY is lo re the other 1nlorrnatffl and. in doin9 so. consiler whetrr the other informthn is materialty irnsIstent with the finanual stalements or tyjr knowkdge obtsined in the course of th& audit. or otheiSe appears to b• maenalty misstated. If idenlrfy such maIal ineonsislencs or 84)parent material mbsslat8ments. are required to determine whether Ihls gives rise lo a materMI misststanent in the financial statement$ themselves. If. based on the wort we have perfornd. wo Condle Ihal there is a matertal MItate[lnI oflhbs othw inforniatn. w6 are required to Ihal f We have rkilhityJ to report in this regard. Oplnlon on other matters pre5crlb•d ty tho Crynl¢s Act 2006 In Our opinth. based on the woth undertakan in th• couw ol th• audit" the infomatKin gNen n the Truslees. repixt tor the fifianc yw for whKh the fmancial stalenntS are prepared is consislenl with the financial stalements. the Trustees, port has been prepwed in c(¥danCe with appfjcablè ltyal requirement$. Matter5 on which TM ar• v•quired to report by 0xPIlon In the light of our knovAodg8 and undersLinding of the charitablg wnpany ils environment obtain&J in the cwr5e ofthe aud( hav8 identified malwial nusstate1rls in Ihe TFUSts' rwt. We have thIng to report in rnspe¢t d the folcwriry mters li r¢laliDn tt> whth cpanIeS kt 20C6 requires us lo report to you if, in OpNIN.. the paiant chatrtable ¢ompary has not kept adequate aThJ sufv.ent accounting records, ty relums adequate for our auth"t have not been re¢eNed frryn branches sited by us,. or the parent ¢harittr ¢unpY financd Stateme are not in agreement Wbth the acCoung record8 and r8lums", or rtain discb5ure5 of Trustees. iemuneratK)n specrfd by la4V not made", or we have not received all the irrfOrMat ar eyplanab(ms wè rÈquirÈ for our audit.. or the Trustees were not entrtitd to prepare the fin8nJal stateJnents in accordance with the small compani•s regime and lak• adwdntage of the Small ¢ompantes' exerrykn.ons in PFBparirv4 the TTuslees' roport and from the roquiremont lo prgpare a Strnlegic lePLNI. Rèsponslbilitits of trustees As explain8d m¢xe fvI in the Tru51ees' reSp11)thie5 slatement. the Trustees {wtho are also the deetors of thej ¢hwitable convany f( the Purposes of ccmpany law) ¥e responsNI e for the preparalion of financial statements and for bèing salIsd th they givg a tru& arvj tsir vvw. and for such internal control as the Truslegs deternina 1$ necessary lo enable the prepth ol Sta15 that are free from malerol misstatement. whether due to fra¢Jd OT aOr. In preparing the finarrial 5tatwTrent$. the TrIte9S are resp(msibte for assing the Grciup's and the parent charitable mpanI5 abilty to tinUe as a going coneem, dlOSing. as applub. matters lated to going concem and using the gn9 concem basis of accounting Un the Trustaes ether intsnd to hquid*le the Group OT the parent chariwe company lo ¢eastr upethns. or have no realistic dlernative bul lo do so. Page 8
SAFE PLACES FORCMLDREN SECRETAIIIAT IA ¢omp•ny lIntsd by IfrKJEPENDENT AufATORS' REPORT TO THE MEMBERS OF SAFE PLACES FOR CHILfiiEN SECRETARIAT (CONTINUED) Auditors. r•spon8ibiliti•s forthe audit of the flrsancial stments Our objectives afe to obtrln reasonle assura0 about vthether the ffin8ncial statements as a Whts are free from materBI mi$statement. whethar due lo fraud or error. ond to i8su& an Audrft0rs' report that includes our opinion. Rèasmable assyran¢e k£ a hwh level of a$5urance. but is a guarant88 that an audit cCdUCted in a010n¢£ with ISAS (UK) wil aws deled a rnatwd misststemont when il $ts. 81aleMents can arise from fraud or errof and are c4)ns"KkrI mat1a1 if, indNKlualty or in the aggregate. they couhj reas¢)nabty be expected to influence the eCL¥niC deusions cl users laken on the ba5i% of these finanaal stalemènts. Irregularities, induding fraud. ao instsn¢es of non-CryanCe with184•3 and regulations. We design pro¢edur•s in line with our responsibilits5, J$ned ab, to detect material misstatements in respect ol irregulwilies. including fraud. Th8 etht to vthicti our IKocedures ar8 Cale of detediftg irylaritigs. irnludir& fraud is d8tail8d b•iow". Based on our und•r5tsndry of the cornpany and WU$. idenlify the key laws ond ragulalions affecting the company. We idenlth8d that the prin(ipal risk rffraud ty norcl1?nce with I$ and regulal)ns related lo: Management bias in resped of accounluu estirnts and iudgenwts mad?: Martagent override of ¢<trOl. Posting of unusual journals or tranwb"ons. We focussed on those area5 that could gNe Ti5e lo a matsr44 rr#sStatemenl in the financiaj sLemenl5. Our procedures included. bul were not limited lo.. Enquiry of Thanaget and th06e Chary wh govemance around actu and potential Iiligation and claims, Including instances of non<cmpli8nce ¥Alh and re9ulaticffts and frnud: Revlewing kgal expendiiure in the yw to thntsfy inslwtts of nonvC(¥nplla with and regulan$ and fraud," Reviewing firnanool statement disch)sur8s and test¥vJ to suppth'ng dccumentation to ass•ss compliance with applicable laws and reguLations.' Performi audit work over the risk of man4pJnert oVje of controls. indwjing testing of journal enlries and other adJ'ustrm8nts for appropriateness, evaUatIr the bune$S rationale of signtsnt transactions oulside the Th)rmal course ol business and revIrg Countsng ests"mates for bias. It is Ihe primary iespM$tsTIty d management. wilh th• ov8rsvJht of thosè ¢hawyed wkh 90man¢#, lo en$u Ihat the entitys operations are ¢onduded in S¢dance th thtr provi$it)ns of r¢9ulati¢)ns and for th& prevention and deteCC offraud. Because of the inherent Iwllrtations of an audrt, there a risk that wil not deted al wregularrties, incI1n9 Ihos8 le&Ying lo a material mv6stalement in the financtal ststwnenls or ncffj•compliance wlh regulation. This risk ¢r0as•5 ihtr MO that compliance or regulatKJn is removed from th8 events and Iransa¢tions rgfflKl¢d in the financial statements. as we 11 be ltsss like to become of instancès of norKomplian¢e. The ri$k 1$ also greater regarding iwlantPS OCCLwriny due to fraud rather than error. a$ fraud invol A lurther descrption of our reswsibilrtie5 for the audrt of the financ¢al statements is Itled on the Financial Reporting Councifs website at. .LthlaL*Jilo nsibiliti'65. This descrti.0n forms part ol our AuditoTS' report. Page 9
SAFE PLACES FOR CHLDREN SECRETARIAT IA cthnpany knited lry guarnnt••) INDEPENDENT AUEITORS. REPORT TO THE MEMBERS OF SAFE PLACES FOR CHILDREN SECRETARIAT {COlmNUED} Us• of our report This report 1$ made Sety to charitabl8 conynys trustees. as a bc*ly, accc¥dance with Chapter 3 of P8rt 16 01 the Corrpanies Act 2¢Xb. and lo the charWe compaWs trustees. as a boty. Part 4 of the Charit9 (Accounts and Repts) Regtn$ 2Crf)8. Our aLbAit wort ha8 been undertaken so that we might stale lo th& charilat4e companys Irusiees those matters we requyed to state to them in an Audrtors, report anos for no other PWF4)se. To the fv118st extent permttted by Iww. we th) not xcept or assume respon8tsilty to anyone other than Ihe chantabie company aThl rts memrS. as a body. for ryjr audit Work. for this report, or for the opinions we haNp fomwl. fKf 8 @ Cooc£r Sarah Flear (Senkn statutory auditor) for and on behal of PKF Smith CooperAudh LknJted statutoryAuditors 2 Lace Market Squwe Nottin9hw NG1 1PB Dale.. 3 Juw 2024 P4e10
SAFE PLACES FOR CtrILE)REN SECRETARIAT {A company knlt•d by guarwtee CONSOLIDATED STATEMENT OF FINAfrKIAL ACTivmES (INCORPORATING INCOME AND EXPEN0uRE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2023 Unregtrict•d funds 2023 Total Tofal 2023 2022 Income from: DMation8 a)d b3 charitab a¢lNrts 1.301827 1.790.144 1.302.827 1,798.144 1.816.895 Tolal In¢om• 3.100.971 3,11JO.971 1.816,895 Expendlluva on: Charitablè &twit 1030.gx 2,030,906 2.074,582 Totsl exp•ndlturn 2.030.906 2,030.906 2.074,582 Nel movern•nt In funds 1,070,065 1,070.065 (25T.687) R•con¢lllatlon of funds: Totsl funds brought foThYard Nel rrts)vt in funds 11.180.9811 11,180,981) 1.070.065 1,070.06S (923.294) (257.687) Totsl funds ¢8rri•d forwArd {110.9161 1110.916) (1. 780.981) The Consoldated stetY*nt of financial 3¢t11 inc1e5 1 gains and lo& recogni5ed in the year. The fK)te8 on pages 16 to 30 f(rn part oflhese finanaal statements. PaJe11
SAFE PLACES FOR CHILOREN SECRETARIAT (A company lirnited by guarant••l REGISTERED NUMBER: 10147280 CONSOUDATED BALANCE SHEEr AS AT 31 DECEMBER 2023 2022 Flxed #ssets Tangibb ass•ts 12 394.974 402,592 39(974 402.592 Curi•nt a5wts Debtors Cash at bank and in hand 13 81.868 23,825 79353 119.201 tO4693 Creditof8". 8mounts faliNJ due wtthwi (¥ 14 {624091) (231,651J N•t curr•nt liabilities 151>4890) (125,958) Totsl assets less current IlabllitT•S 276.634 Cr¢ditors: arnounts falliTr3 due after more than onè year 15 (t.457,615) Total net liabilities 1110,9161 (1.180,981) Charity tunds Re$lri¢ted fund$ Unrestricted funds 17 17 {110.9161 (1. 180.981) Totsl funds 1110.9161 (1. 180.981) The Coryyany wa5 entikd lo exwwb'on fr¢>m •Jdit urKler sern 477 d the Ccqnpanies Ad 2C(E. The memb8rs have required ts enlty lo obtain for the yew in questi in acconce with section 476 of the Conwanw Ad 2006. However. an audit is re(wir8d in ance wlh sedicffl 151 cl Ihe Clwitw Act 2011. The Trustees thntyldge IheT i•sponsilthth•s for cffiwying wth th? oqwrements of thè Act wth re8pe¢l lo ac£ounling rec(Kds preparation of firhancial statornents. The financial statements have been kY4iar8d in d¢¢ with ts provNon$ 4wlKable lo wlilies sub to the small MPanieS reglrne. Page 12
SAFE PLACES FOR CHILIXIEN SECIIETARIAT IA Company limiied ty guaranl••l REGISTERED NUMBER: 10147280 COMSOUDATED BALANCE SHEET IcoKllNUED) AS AT 310ECEMBER 2023 The financial statemont8 Te aFProv1 and auth(md ts issue bytré Trusiees ard sismed on th*r behalF by.. Anthony Thompson Trustee Dale. IS -ob-2oZY The notes on pages 16 to 30 fom) part of Ihese firwiaal statemen Page 13
SAFE PLACES FOR CHILDREN SECREfAIOAT (A company Ilmitod by guarantee) REGISTERED NVMBEIL. 10147240 COMPANY BALANCE SHEEr AS AT 31 DECWER 2023 2023 2022 Currènt ass¥ts 13 1,633,888 2,592 Cash at bank and in han 104 104 1.636.480 Ci•ditors'. amwnts I11) due withn on? 14 1354.5301 (5.035) r4et ¢urrènt Ilabllhles lassets 1354.4261 1.631,445 Total assets less current liabile9 1354.4261 7.631,445 Creditors.. amounts faling due after than ¢x ye 15 (7.457.615) Totsl not IlablllU•8 1 a88•ts 1354N26 173,830 Charfty fund$ Restricl¢d fvnds Unreslricled funds 17 17 1354A261 173.830 Total funds 1354A26) 173,830 The C(XToanls net m0vent in funds for the £(528.256) f2022- £(3,062)). The Ccffipany was ented to exwnption from audrt under 8ecb.on 477 of the cOnieS Act 26. Th& members hav¢ required the entty lo a1 for Ihe year in question in xcordance with sedion 476 Of1 Companies Act 2(MJ6. H+ywever. an au<lt is reqred in accordance seckn 151 of Ihe Chariiies Act 2011. The Trustees atho thèir resp)nsibititss for coThwtying with the requir8menls of the Act with respoct to ac¢ountirrfJ iècords preparion of finanty stements. The finanal statements Imve prw&J n arLordance the pru¥isDns apprable to entit sublt lo tha small Compan re9im The financial statements re approved and au11Kd fur iSSL* by the Trustees and sNJned on their beha¥ by.. Anthony Thompson Trustee Date.. Z 3-0 6. Zo24 The note5 on pagBS 16 to 30 fo part ol these financial staterns. P4e 14
SAFE PLACES FOR CtrOLDREN SECRETARIAT
IA compwry Ilfflited by guarant•e)
CONSOUDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 310ECEMBER 2023
2023
2022
Cash fflows from
SAFE PLACES FOR CHILI)REN SECRETARIAT IA cornp limttod by guarrt••) NOTES TO THE FINAIICIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Genernl Infomiation Safe Place5 lor Chiklren slariat is a regist8r•J tharity and a corrvany limited ty guarartse. The regr6lered off8 is First Floor, Trmd House. Mwnlbatt¥n Cwrt Woff1 Street, Congleton, Cheshiro. CW12 1DT. ¢¢unting Wi¢109 11 Basis of pT•paratlon of financlal stat•m The financial statements have been prred n a¢cOrd with the Chanties SORP {FRS 102) - ACCn"n9 and Reprts"ng by Charities.. Statemwrt of RecommeThJed Practice 4)plicabla to charrt pfep8ring ther accounts ir¢ ac£ordance wlh th8 Financkal ReForting Standard applicable in the UK and Republic of Ireland IFRS 102) {effeth"ve 1 January 2019), the Financ1 Repthng Standard 8pplicable in the UK and Republ d IrelaTh4 (FRS 1021 and C¢thpanEs Ad 21x6. Salo PL¥Ès for Children Se¢rthiat meets Ihe definit# of a public beneft enlty uThJ•r FRS 102. Assets and liab11rt are instHIty Tecognwl at hthal cost or transackn value urdass othertwe stated in the vanI 8c(y)unting po. The cons01¢ sterrent of actsvKi8s {SOFAI Consolidated balancL sha8t ¢onsolidaie the firn¢la1 statements of the Company and its S)SlIary undertakin9. The fftsulls of the subsJI are consolidated on a "ne by kn'n8 basis. The Company has taken advantJ& of the exemption alkw4ed under sectv)n 408 of the Companies A¢t 2CQ6 and has not preswrt8d ts Stslemenl financIal actiwties in these finarKial slalements. The financial stknnwrts are presented in Stethng ththich is Ihe furttional currgn¢y of the Group and Company and are rounded lo the nearest £1. 12 Going ¢onrArn At the tsme approwng th8 finanraal sLltents. the trustees are of the viv44 that the relab'onship befvmn Safe Places Communty S•rwtts Limited and Safe Plxes for Chiklren UK, along with Ihp bn9-tèm viablty and resources of the Australian fwalion, and the demonslraled willingrS of the Plement agenryes to utilise our Services the as8oCkj costs. that the charity is a go9 concern. The Trustees have revtewed the L4t&st manag4nent lliftymion, budgets and forecast Ca5hllows tL> 31 December 2025 in order to eon(*rn and are confident that the charity wil have the resources available lo rt that il Mll need for at knt the 12 months follloMrirvJ the approval of Ihe finan¢iaT statements. For this reason. they ntinue to &Jopt the going concem basis In ppaThr& the IanCIa $tstement$. 13 Incomo AN in¢m is rec¢gnised ¢8 tho Ccryany entitlwnent to Ihe inc. It 18 probable that the inLJ)rne wdl be [l¥ed and the anounl of incc¥ne rKervabbe can be measure4J reliably. Cash donations ale recoJnised on receipL Other donations are recognised On the charity ha8 been noknfied ofth8 donation. unle55 pwfom)ance cond¥)n5 require dderral of the amount. Oth8r is rgniSed in pe m wttth * is receI¥8b and lo the extent the gts)d$ havo been provKled OT on cornpletion of the service. Page 18
SAFE PLACES FOR CHILDREN SECREfARIAT (A company frnltsd ty guartnt NOTES TO THE FINANCIAL STATEhlEKTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting pollcl•s Icontinu•d) 2.4 Exp•ndllurn Expendilure 15 rwnised once there is a 18gal or construth.ve obligation to transfer erMiC benefft lo a third paty, r¢ is prc4)abie that a transfer of e¢on¢)rn benefrt5 be required in settlemenl and the amwnt ofthe obligation can bè m8a5urÈd rdiabty. Expendrture 15 classrfied by xtivity. c95ts of each actmty are m•de up of the of direct costs shared costs, includiro support costs Invojved in undertaking each adiwty. Direct costs attributatle to a singte activity are allc¢ated directly to thal actNty. Shared costs which cDntri)ute to more than on8 &tsvity 8rKI Support costs which are ngt attnlmrtable to a a¢bvrty are 8Kwlit)rd bebveen those a¢kn on a basis consistent with thtr ol resources. Central slaff costs are alkKknJ on the basis of time spent. and depre¢iation charges alknxted on the p(rfkn"on ofthe asset's use. Expendiiure on chaitablè Nitie$ is incurred on rfiry undertakrg the actpiitw which further the Group's objeciNes. as ¥1 as any a$xKiated support costs. 2.5 Tangible fixed assets and d•proclation Tangible re assets C05tiNJ £SCKI or more are ¢¥rtalised axl Tecowi5ed when fijture ecornm benefth5 are Fwbable the ts1 c¥ vJue ofthe asset can tse m8asured reliabty. Tangitle red assets are recogni5ed at cost After r8c(4nitK>n. under the cost model, 1 le fixed assets are measured at cosl less &cuMted depreciabon and any ac¢umulatd impamient bsseg. All ¢ost$ incwred to bring a tsryible red assel its nlended working COrlI10n shoukl be in¢luded in the measurement of cost DepreCian is charged so as lo alktale Ihe cost ol fixed assets s8 their tssidual ¥ae Ov8rth•irgstrnt Usel tives. usin9 the slwht4ne m¢thod. FreahcAd propty - 50 year$ straKJht linè - 4 years straht line 5 years slratghl line c(PUter equwjment 2.6 Doblors Trade 8nd other debtors we recogn at the setllement am¢1 after any trade discount offered. Prepayrnenls are valued at the amount prepaid nel of any trade discounts duo. 2.7 C•sh at bankand in hand Cash al bk and incbjdes cash and short4enTr hwJhty liwkl Mwestinents with a Sh maturty of three ThnthS or s8 from the date ot¥quisthn OT (y•nirvJ of the d¢posrt c $imIlÈrx¢un 2.8 Llabilld05 and Wovbsions abilities We fe¢ognised then tlwe is an (Jbliyaknn at Ihe Balance Sheet dats as a resum of a past evenl. it is probable that a transfer of èconc¥nic benefft wll be required in settlement, and the amow)I oflhe settlement be ests'mated reliabty. "abqrt$ are recognised at the amount that the Comp*ry athipatss it wll pay lo settle the debt or the OffnI f( ha$ received a$ paentS frrfthe gocds or seNces il mvst provide. Page17
SAFE PLACES FOR CHILDREN SECRETARIAT (A company limited by guaraTht••) NOTES TO THE FIPIANCIAL STATEMENTS FOR THE YEAR EMDED 31 DECEM8ER 2023 Accounting polklos Iconllnw•dl 2.9 Flnanclal ingtnw The Group onty has financol assets and finala1 lbilrt$ of a that qualfy a$ bas finanoal inslrurnellts. Ba$K fin¥nual tnjrnts are initially rwAgnt5ed at tsansath.on value and sthequentty measured at Ihw"r settlement value the excepti rA bank thn5 whth are subsequentty 2.10 OpeTating lea8¢s Rentals pad under op8ratir¥J l&ases are charged to the cl$011d8ted statement of financial actMti¢s oft • stwht4ine basis over the lease temi 2.11 Pon51ons The Gruup q)eres a d8fin8d ¢ontrl)utim pen%on scIrn and Ihe pensim ¢harge represents t amounts payablè by the Gn)up lo the fund in respecl of the year. 2.12 Fund accountlng Gerwal fvnds are unrestricled fvnd$ whKh are for use at thè discration of th• Trustee$ •) rtheIan of the gerwal obiedNes of the Group and 1¢h have It been e9ned lor olher puwoses. Crilical accounting eslimates and are•5 Ot judgment The prepaotK)n of the finoncial Statem1$ wuwes the Trustees to make ILMentS, estimates and assumption5 that affect the amounts reported for assets and Imbiliknos as at Ihe balance sheet date and the arnounls reportej lor and e¥perh5es ¢Jwing theyear. Crlcal accounting estDnates and assuffplls". The Trustees are of the cyin1c that Ihere are no key assumptions conceming the future ar other key sovrc8$ of **imatKJn uncertainty at the balance sheet date that have a signrfKanl Fisk of causing a material adju$lm&nl lo the ¢anwng amounts of the assets and liabilrties within the next financial year. Incomg from dTrnation$ and 1¢ga¢les Unrestri¢ted funds 2023 Total funds 2023 Total funds 2022 Donab"on5- loan foryrlen 1.302.827 1,302.827 Totsl 2ffd2 Pa9e 18
SAFE PLACES FOR CHILDREN SECREfARIAT IA ¢1P4Y linted by guarnnlee) NOTES TO THE HNANCIAL STATEIIIENTS FOR THE YEAR ENDED 310ECEAqBER 2023 Income from ¢har#abl• activilies Urwestricted funds 2023 Totsl funds 2023 Total 2022 Resi¢Jenb"al rAre Outreach care 1,555.189 1.555.189 46A49 196.506 1.614,658 86.360 115.877 1.506 1.798.144 1.798,144 1.816.895 Total 2022 1.816,895 1.876,895 Analysls ol expwidithre on chatilJl• actl¥it••s Summary by fund type lunds 2023 Total 2023 Tolal 2022 Direct costs Suppcql costs 1,607.838 423.068 1.607.838 423,lJ68 1.556.750 517.832 2.030.9C6 2.030.906 2.074.562 Toto12022 2.074.582 2,OT4.582 Page19
SAFE PLACES FOR CHILDREN SECREfARIAT IA compary Iwnit•d ty guarnntee IIOTES TO THE FINANCIAL STATEPIENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analysis of expendituve ty acti¥lties Support Totsl Tol fiinds 2022 Dlr•ct cosis 2023 2023 Therap8Ut dent4 sery Other 1.607.838 1.807.838 423.068 1,556.750 517,832 423,r 1.6C¢7.838 423.tE8 2,030.906 2.074.582 Total W22 1.556.750 51T,832 1074.582 Anatygis of direct costB Thevapeulic r•sld•ntbal s•NIc88 2023 Total funds 2023 Tolal fvnd$ 2022 Staff and relatèd $ts Residential premise$ ¢osts Travel costs 1.389.ts)5 194,615 24,218 1.389,005 194.615 24,218 1,322.352 201.910 32,488 1.607.838 1,607.838 1,556, 7 Totsl 2tr22 I,556.7 1.55&7 Page 20
SAFE PLACES FOR CHILDREN SECRETARIAT IA company Imtt•d by guaTanto• NOTES TO THE FIIIANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 AnalyslB ol gxp*Mlitu¥o activitles Icontlnued} Analysis ol swpport ¢o¥ts Total funds Tol funds 2022 Othgr 2023 Stsff relaled costs 177,677 44.829 r2.571 51.716 11.096 ,880 18,299 177,677 44,J29 22.S71 S1,716 11,096 200,361 76.083 34,963 64.316 10.676 113,305 18.128 Service fees Insurance Travel Office costg Depreciab"on 18,299 423.068 423.068 517.832 Tolal 2022 51T.832 517.832 AudIto. r•mun•ratton 2022 Fees payable to Grrmjp aLMlitors for the alit of the Ccrfnpanys annual Counts 23,064 Fees payable lo Ihe Group a¢Art0 in rewt of." Audit of subsKIiwy AOunting and Tax Fees Legal and Prolessx)nal Fees 9.gso 46.944 Staff costs Group 2023 2022 Wages and salaries Emplwrs Nl Contribution to defined contributK>n pensTh sthemes 1.381,565 138,329 46,788 1,338,661 136,925 47, 127 1.566,682 t,522, T13 Page 21
SAFE PLACES FOR CHILDREN SECRETARIAT (A cofflpany knit by guarantse) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 staff costs Icontinued The average nunkn d Parsons ernph4pd by Ihp Company dufilg the yoar vrns as fulb7W&" Group 2023 2022 Employ885 47 The tyjmber of empktyees wkne empw beneffts lexcknlry Oyal pension costs) exeeeded £60.000 was. Growb 2023 2022 In the baNI £70,CKI1- £80.(XXI In the band £80.LM)1- £90.OCKI In the baN£ £90.C#)1- £100.0fy) The key mana3ement per of Gr¢p ¢urrenty ¢¢ffiprEe the Marwing Director, Gèneral anager and Quatyand syst Mawr. The total amount of emplw b8nefft5 tewed ty management personnel is £288.035 12022.. £233,833}- 10. Trustees. remunerallon and •xp•rts During the yeaT, no TNstees weceNed rerNnerdlion orother benefts (2022. £NILJ. During tho year ended 3108cember 2023. no Tnlee exp2nses have b88n in(JJrred (2022. £NILJ. 11. Tantlon Thg Charity is exenw from tsx on incom8 and gaS falling wlhwi sec11c 505 of the Taxes Acl 1988 or section 252 of the Taxation of Charye*le GaS Ack 19¥2 to the extent that th8s8 are appli8d lo its charitable objec Page 22
SSE PLACES FOR CHILDREN SECRETARIAT (A c(ffipJny Ihnlled by 9uarantee) NE$ TO THE FINANCIAL STATEMEP FOR THE YEAR ENDED 31 DECEMBER 2023 11 Tangibl• fix•d assats Group Freehold prwwty Motor Computer vehicles equlwn•rt Total At 1 JUary 2(r23 Addilp?n$ 416.863 10 462.834 At 31 Deceth 2023 416.863 10.077 471.034 O•pr•ciation Al 1 January 223 Charge for the year 28.383 7.139 26.092 6.662 5,767 2.017 60.242 15.818 Al 31 December 2023 35.522 32,754 76.060 Not book valu• At 31 Decerthr 2023 381.341 11.340 394.974 At31 Decemlw2LY22 388. 4,310 402,592 13. Oebto Group Group Company 2022 2023 Company 2022 Due after more than one year AmoLtnts vwed bygroup UKtertwS 1,633,888 1.633,888 Du• within on• y•ar Trade debtors Olhw debtors 22.362 6.391 11,09S 59.035 11.144 39.848 81.868 1.633.888 Page 23
SAFE PLACES FOR CTrILDREN SECRETARIAT (Acompary limit•d by guaffartm) NOTES TO THE FINANCIAL STATEPIENTS FOR THE YEAR ENDED 31 DECEIIJ8ER 2023 13. Debtiws Icontlnu•d) In 2022. the Comwy provided a loan to rfs subsidiary company Safv Plxes tr ChildTh UK. This was in line vthh its obj8CtNe of assisting crther charities to establish a tèam of edu¢ated, excellent. enthusiastic staff lo gulle yOLry peopk? akng a perwi8f grry4¥th y)umty. The loan was interest free and had no fwd repayrnant P8riod. On 30 2023. the Company agre•J to forgr4e the (MtstsrKj bJan¢• at that date of£1.817.898 in fijll. 14. Cr•dknrs: Amounts falllng withln one year Gw Company 2022 2023 Company 2022 2023 Other loans Trade creditors Other taxaion and sttial seuxity Other creditors Awuals arKI deferred incow 350.755 11.687 30.469 9A26 222.754 350.755 23,667 33.178 11,385 163,421 3.775 3,775 625.lJ91 231,651 354.530 &035 In prJT years. SKhere Orte knmited. a Sey¢heles incorpoialed company. prtivided fvnding to Safe Places for Children Secretariat to alkrw the tharity to ¢orttinuè its up phase and provide onward finance to Safe Pbcos fot Childten UK (Regtslered Charity Nwnber 11724811 fcf property acquisition. At 31 December 2023 the loan ha5 no fixed rqyayrnwt pe, however pw the lerms of the loan the balnace may be recaifed in full by providtrr with 6 month5. nolte. sGe March 2023 the Company havo agrted to repay monthty instmentS cl £1.200. of whth £975 is inlerest and £225 prinwal. This arrangement wa5 re¥W in Marth 2024 and reman5 in place. The b o*d lo Shere Orte is secured by a deed of guarante¢ •rKI indwnnity belween Sichere Orte and S8fe prt£es f¢f Chldren UIL 15. Credrtorn: Amounts lalling du¢ after mor• than one ye¥ Group 2023 Gw Company 2022 2023 Company 2022 other loans 7.457,615 1,457,615 In 2022, a r8lated paty ban vras due to Safe pla Community SeM¢xs Limited. an Australian iegislered company. In Fwr Yea the loanee provbjed fuThling to the Company lo alow the charity to continue ils set up phastr and provide onward fan to Safe Pkcos for Chldren UK IReghl¢md Charity Number 11724811 for general expenditure. On 30 June 2023, Safe Plaw Conwnunty Se$ tirnited agfeed to forgr¥e the outstanding loan balance at that date of t1.302,827 in fLIL Pag824
SAFE PLACES FOR CHILDREN SECRETARIAT (A company rnIt•d ty guarant••l NOTES TO THE FINANCIAL STATEPIENTS FOR THE YEAR ENDED 31 LECEMBER 2023 1& Flnanclal insirnments Group 2023 Group Company 2023 Conwany 2022 FInalaT ass•ts Finan¢MI assets measured al faw y0 through and eXdite 119201 10&693 104 2,592 Group 2023 Gffjup Company Compary 2022 2023 2022 Financial liabilities other financial IRbilths measured at fair value IhrcyJgh inccmne and expendrtwe Otherfinancial liabilit measured al nortised cost IUgh income and •xpenditur• 274.336 231.651 3,775 5,035 350.755 1,457,615 350.755 1,457,615 625.091 1,689,266 354,530 1,462.650 Fiftan¢ial assets maasured al fair v4u$ through in¢wa and e¥)enthty cOn80 tr>Jo dgbtors, other debt0. prepayments a¢¢ru¢d inxyne and ¢a5h * bank Other financial liabilit measured at fair tla through inc4)rne and expenditure comprise trade creditors. Ixher tax and social security and accruth and dthed ir¢come. Other finardal liabilitles measured at aMc*Ia cost through income and eypendilure ei)nprk%e other loans. P•3e 25
SAFE PLACES FOR CFHLLXIEN SECREfARIAT (A company Ilmited by guarantwl NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 DECEMBER 2023 17. Statement of funds Stat•m•nl olfunds - curn•ntyear BaknTh¢o at 31 D•cember 2023 Balan at 1 January 2023 In¢t)m• Expenditure Unrestricted fvnds General FuS- all fvnds R¢seNe$. substhy 173.830 1.302,827 113.3851 1.463.272 (1.354,811) 1.798.144 {1017.5211 11.ST4188) {1.180,9B1) 3.100,971 12.030.906) I11016> Slatemenl of funds- prlor y 8alance al 31 Balanc8 al l January 2022 December 2022 Unrestricted fvnds General Funds- all funds (923,294) 1.816.895 (a074.582) (1. 180.981) 18. Summary olfunds Summary of fund5-current year BalarKe at 31 D¢¢•mb•r 2023 Balaneo at 1 January 2023 Incomo EMp•nditure General funds 11.180.981) 3.11)0,971 12.030.906) 1110.9161 Page 26
SAFE PLACES FOR CHLDREN SECRETARIAT (Acompany lint•d by guaRntee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 18. Summary of funts l¢onimued) Summary of tunds- pth)ryr B8lan( al 31 8918 8t l January 2022 2022 General funds (923.294) 1,816.895 (2.074.582) (1. 180,981) 19. Analysls of net assets bet4¥een funds Analysis of nel as$0ts bo¢w•n funds-¢urr•nt yèar UnrestrÈcted funds 2023 Tt)tal 2023 Tangible fed assds Current assets crOrS withn one year 394.974 119.201 1625.0911 394.974 119.201 1625.091) Total 1110.916) 1110.916) Anatysis ¢f •t ass•ts b•tw••n funds- prior year UnT9slIT¢l& fvnds 2022 Total fvtKIs 2022 Tangknle ftted assels Current assets 402.592 402.592 705.693 10&693 (231.651) (231.651) (t.457.615) (1.45T,6t5J Cr&Jrtors the within one Creditors du8 in than rme year Total (1,180.951) (1, 180.981J Pag8 27
SAFE PLACES FOR CHILD SECRETARIAT (A company limltsd by guknntsel NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEER 2023 20. Reconciliatlon of n•t mov•ment in lunds to net cash fhw from opera9 activlties Group 2023 2022 Net inccrfreleyditure lor th8 las pw Sktemenl ol FInCIal Acbvitm) 1.070.065 (257,687) Adiuslm•nts lor: Depration ¢h•rges Decreasel(Incre8se) in debto Increasellderyeasel in creditor5 15.818 42.020 (1.260.142) 14 128 (52.032) 51,910 Net used In op•Tr¢ing aclivitseg 1131239) (239,681) 21. Anatysis of ¢ash and •qulval•nts Group 2023 Gmup 2022 Cash in 79.353 23.825 Total cash afvd equivalents 79,353 23,825 Analysis of changes in net debl Other non- At31 cash D•c8mbar ch•nge5 2023 January 2023 Cash fl¢>ws Cash at bank and in hand Debl due wthin 1 year Debt due after 1 year 23.825 79.363 PSO.7SSI 1350.7551 1IA57.615) 119S,96n 1,653,582 {1.433.79D) 1140.439) 1.302.827 271A02} 23. The Comparby operates a deffirt uxrtnbUli p)n sch. The as$e15 of the scheme are hakl separately from those of the group in an independenfly administered fund. The pension cost chafge represents conlnbubons payable by C¢)rnpany to fund and amounted to £46.78812022- £47,127). C¢rtributs"ons lotalling £9.36312022-£11,2151 were payablts to the fimd at the balance $h¥¥t dale. Pag&28
SAFE PLACES FOR CHLDREN SECRETARIAT (A company Iwn6ted IYJI guar•nt••l NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECFMSER 2023 Op•ratlng 18as• commitrnw Al 31 Decwnber 2023 ts Group and the Compy cornmilmwts to ma(e minimum lease pay7nents uniJeT (-CancelIabl Lyethng leases as folows.. Grow 2023 Gn)up 2022 Not later than 1 r Laler than 1 r and not l•tsrtsi 5 yaars 23.952 45.000 17,640 1,470 68.952 19, 110 Related party trnnsactlon8 The Company has taken advantage of ts ex1p FRS 102 sedion 33.1A Related Party Oisclosures frcffi disdosiTr3 Irarli( wth other rrvthrs of tho grcmp. Both the Companys trustees. AJthcry TIKThpson Peter Keamey, are al$0 &'re¢tors of Safe Pl Communty SeNtes Limited. Anthony Thompson serves as Chairman. Safe Places C¢MunItY SèrNtes mitèd is a similar or9anisation cyeiating in Australia The vi of Ihe Trijslees is that Safe Pla¢¢s Communty SeNi¢es Limit8d and this tharity are connected parties pursuant to the Australian accounting standards and the United Kingdom accounting slandards. During the yeaf ended 31 December 2023. the Crynpafty borrThbEd t198.176 of additional funds. On 30 Juna 2023, Safe PL4ces Communty Services Limfted •3reed to forgive the OLrtstsnding kxn balance c4 £1.302,827 Di fvll. Th• balanc• Outslaj.ng at 31 Decwer 2023 15 £Nl2022. £1.633.888 t)v&ll. There art other lated p•ty trara(* that requwe disch)su. Page 29
SAFE PLACES FOR CtrILDREN SECRETARIAT (A company Ilnt•d by guarantee NOTES TO THE FINANCIAL STATEME15 FOR THE YEAR ENDED 31 DECEMBER 2023 26. Subsidiary Ch•rlty The eharty contrds S P18ceg for Chikjren UK by virtue of 1>9in9 its onty rneMb. Safe Places for Children LK Pvvje5 resKlentk?l thryeuiic cwe ol h4h needs Chren. young aduf(s and disabi8d peoplg. pdIng rehabilitatKn Ser8$ in to the xnm8d4• rneds lhe srung p8opl•. A summary ofthe reSlS oftho Ch out bdw. 2023 )22 Income frcqn Charitable Acbvitie8 Charilable A¢blieS 1615.842 1.816.895 12,017.521) (Z067. 745) Net Incom•1 f•xp•ndireI forthe year 1.598.321 (2.) A$yets Llabilkn'es 514.071 5Q5,693 12ni.5611 {1,860.504) Net assets l (liabilities) 243.510 (1,354.811) Controlling party Safe Places for Children Seryetariat is a Compwry limit&J by aThJ ardln9ty dr9 nc4 have share wital. Every rnember ol thaiitable Ccrfry)any undertakes to suth Jnr)unt as may be require(I not exceeding £1 to the assets of the Charitab company in Ihe event of it being wound up while he or She is a Mbr. or wbthin year after he or she ceases to be a IrMiber. Until 29 Febru4ry 2024, Ihe Cixnpanls partrnl entity was cortsKlered lo b$ Safe Places fr>r Chiklr¢n Truslee Limited as the sole member of Safe Ptaces for Children SeuetariaL On 29 February 2024, lh8 n•* sole member and th•r8fore parent and c(Jntrollng paty Lwme Safe Plac$ Australia Limited an amendment to Safe Placas for Chikjren Secydat'S arteS of assocwtion by speci31 0klon. Consolidat8d financFal ststernents are prepared by Safe Pkices Australra Limrtod. a copy of whh ' 8vaild)le from Lev¢1 19, 241 AdelaKle Street. Brobam QLD 40(MJ. Page 30