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 #213 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 n￿nb￿r 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 c￿perA￿lit Limrted Statutory Authtors 2 Lace Market Swe Nottingham NG1 1PB Bank•rn R￿81 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 E￿￿E0 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 final￿la1 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$. The finanoal Stat￿entS comF4y *ilh tho Charities Act 2011, the com￿1•$ Ad 20C6. th• Memtrtndum and Artidès of Ass¢xIal￿n. and Ac¢ounllng and Repo￿"A9 by Charlies.. Stalement of Reecffjmended Pracli oppl¢able lo ch*ili•s [￿epar￿g ththr a￿O￿nts in a¢cordar￿2 vrth thts FInar￿la1 ReptiJtirvJ Stsndard appI￿able 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 Tel￿f of.. chiklren. young adLAts dis*led po(>ple in need., and the famifyes ot thildren. yDung a*Jtts dISab￿d pecpbe in ne8d in pathular but not exclusivaly by" pr￿dIng resKknbal. theTapeuk and rehabilitatTon seTVW arwj SUFWt seNices.' b) the relief of thos• in ne8(1 by reason of fin*Ko1 hardshp. I h•*, disa)ilty, yoth, ag9 or other disadvanlage". samè as, or swnilar to Ihe Obj￿19 of the Secretariat. in p8thuT• Ixrt nc4 exdusivety by sèttiw stand￿lIS whi¢h serve lo improv¢ Ihe qualtyof cara d•livered by those other tharities." the a￿￿t￿MerIt of Such othw 04.ects or purposos in any part of the wothy vknich *e exclusivety charit*Jle according to the of Engknd and Waes and are in the opinion of thè IN$tees connÈeled ￿th chiklren. ywng aduAs or disa￿8￿ pecylg lli need in such manner as the trustees may in their absdute discretion Ihink The p￿r￿e$ ofthe ch￿lty are.. To provkje therapeuliG res*Jenlial Ca￿ of high ne&ts children. young •Jutts and dIsab￿d 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 rnprov*r*nts in the ¢If￿lencY and 8ffedNen￿ of other organis*￿8 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$lst eharilies lo e5tabli5h a tearn ￿ e¢kKated. excdlen( erthUsiaSt￿ staff to 9uth young P8OF4& a personal grovAh joumey. To seek way3 of irnproviryj the d•thvery of care to high needs yovng pecyle. To instit￿e training. rewew and verrficalion pwrams to ensure the highest possible slaThJard of care is prov*led. The tharily achiev95 its obie(*ves by awstlng ts subsidiary Safes Place$ 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(￿tinU*d) 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 P￿aS are ￿l￿entty 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 c￿e and provide oulreach supp(yl during the yourvj pevsons transilion ol Safe Placès. whilst $wnultaneousty prowding oulreach 8lWPOrt lo neWy￿ng pgjple tran5ilioning into servr£. this inCr￿eS TeNEnue during Itms period. Across EnglarKI ￿ Ncxthwn Ir8faThl. we hav8 an av¥4e of 100 referra15 to our Sar￿ per rn￿1h, %thic reduces tho ongc¥'ng conc¢m of buSinesslreven￿ ￿ntinuty. The Norltwn Ireland Twst$ are under a huge ount of pressur• to nL* onty pl* children and young pwte 41so to ￿Ing young Peop￿ back to their cpeTrJiture. for Ihat poriod. In preparrKJ f￿anC￿l 3tatemenl8. thè Tnjslees are Tequired to.. seled suitable accountiThJ p￿l￿e$ and then ￿p￿*theM C¢￿15t¢nty. observe the methods and princi￿eS of th8 Charitvès SORP {FRS 1021". rnake judgments and xcounting estsmales that are reasonable aThJ prudent stale whet?￿r appI￿able 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 Un￿SS ft is in4wriyiate to presume that the Group will contsn￿ in bu$lness. The Tru5tee5 are reswsible for keeping ajequate &eounting r￿ordS that are S￿￿ent 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 Cc*npany and enthe to ensure that the financial ststements cornpty with the Companies Act 20(￿. They are a1$0 wsponsib￿ for saleguarding the a55ets of the Group and the Company and hence for taking ￿&S(￿able Steps for Ihg Prevent￿ and delection olfrwd and other Irreg￿arities. This ￿pOrt has been prepared wi &COrda￿• T￿1 the spe¢ial pr¢MiiJns d Pwt 15 of the Companies Act 20C rekling to small Compan￿5. Di$¢losure of infoTmation to *udttorJ Each ofthe person$ who are Trustees al the Ivne when this TnJstees' re￿t is 4wrovad has confirmed that." $0 lar as Ihal Trustee 15 aware, there ig no reknnl audit inf0m￿n of the charitable gro￿,$ 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 e8￿1¥h that the chart*Jle wp's auditors are aware of thal inf0wmati¢￿. Auditor4 The auditors, PKF Smrfh Cc*)per Awjit ￿mIted. have indic*ed th&r willingness to contsnu• in off￿. The des¥naled Trustees propose a motion reappoint*lg the aUdrt￿$ at a meetin9 of the Tw$lees. AFvroved by order of the M￿nbOyS ofthe I￿rd of Tntstsos and s￿A0￿ on tsr b?hatt ty. Anthony fhompson ITrustee} Dats.2 S.01> 2024 Page 6 SAFE PLACES FOR CTrILDREN SECRETAJIIAT IA comp•ny *mited by guarnntsel INDEPENDENT AUDITORS. REP&RT TO THE AEMBERS OF PLACES FOR CFILDREN SECRETARIAT Oplnlon We havo audited the fmancia st8t¢rnents of Safe Pla¢es for Chikjren *rot•i* (the 'parenl chwitable companrfl and its sub&dkarr•s (the 'group) for the year ended 31 Dxember 2023 vknich compris• ihe Consolid*ed Statemènt of financTal ac*ivity"ès, the Consolidated balan¢e she•l, the Company balance sheet, thè Consolidated slatement of cash fi￿￿5 an(1 the retated notes, indudir¥J a summary of swJnrficant accountn poliaes. The financial reporting fr￿ework that has been aptyied in their preparat￿ is applicable law and Unrte "ngdom Accounting Stsndards. induding Financkal Repcwiing Slandard 102 'Th8 Financial Repts￿n9 Standard appl￿ble in the UK and of Irew (United ￿rI•10M GeneraityAccepled Accounting Praclice). In owopnion the financial s￿te￿IS. grve a true and far view of the stat8 of the Group's and af the parert charitsble ¢¢mpany's affHir5 as at 31 December 2023 and of the Group's wKonyng resources and applK*ion of reswrces, indudrn9 Ils irtome and ewéndilure foT the year then ended". have been prowty wepared in ac£wdano with Uiwlwj I￿gd{¥￿ Generalty Accepted Accounting Practicè., and have beon Kryar•J in awdance V*ilh the retyirwnents ol the Companies Ad 2006 arwj the Charitie5 Ad2011. Ba515 for opinion We ¢andLKted our audrt in arLardaftce With Interna￿ Standafds on Aud￿ng (UK> IISAS (UK)) and applicable law. Our ￿SponsI￿111￿1'eS under those slandards are further described hi the Audrtors, rèsponsibilrties for the audil of the financial stalernents sectKJn of our r￿Ort. We arè indepEndenl of the GtDUP in accordance wrth the eth￿31 requirement$ that are rekvant to our 8wlil of the finan¢ial statements in the United ￿.￿gdom, indudiro the FlnatirAal Repoiting c￿nCirS EthKal Standard, and we have fuifAle(l our other etht¢al responsibilrtw in 4ccordan¢e wlh these ¥equirernents. We belEve that the audit e￿￿enCe we have obtsined is suff￿lent and appropriate to prov*Je a basis for our OFIn￿)n. Conclusions relatlng to going concern In audib.ng the fiEwKial statements. * haw ¢on¢kKW the Trnste¢$' uJe ol the goiNJ concem basis ol aceounling irs the prtrparaticfi ofthe financial is aFfJropriate. Based on the wowk we have perfcrmed. we have n¢rt identsT￿d any MaI￿al un%xrtwnli&s whting to events or conditions Ihal, indiMdualy or cc4ledively. may cast s*Jnificanl doubt on Ihe Group's or Ihe parent charitable companls abilty to continue as a concern for a pemd ￿ al feast month$ 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 CL￿p1￿￿eS the informab'on in theAnnual rep>t clhorthan the financial statemgnts and our Al￿110r$. report thereon. The TnJstees are responsible for the other information contained wlhin the Annual report. Our opinion on the firwKial statements does not cover the cAheT informatim and, excepl lo the extent othemse eXpr￿￿ty ststed in ￿Port. V+E do not axpress any fomi of assuranca ¢onclu5bJn Ihereon. Our resP￿s1b11rtY is lo re￿ the other 1nlorrnat￿ffl and. in doin9 so. consi*ler whetr*r the other informthn is materialty ir￿nsIstent with the finanual stalements or tyjr knowkdge obtsined in the course of th& audit. or othe￿iSe appears to b• maenalty misstated. If idenlrfy such maI￿al ineonsislenc￿s or 84)parent material mbsslat8ments. ￿ are required to determine whether Ihls gives rise lo a materMI misststanent in the financial statement$ themselves. If. based on the wort we have perforn￿d. wo Cond￿le Ihal there is a matertal MI￿tate[l￿nI oflhbs othw inforniat￿n. 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 stalen￿ntS are prepared is consislenl with the financial stalements. the Trustees, ￿port has been prepwed in ￿c(¥danCe with appfjcablè ltyal requirement$. Matter5 on which TM ar• v•quired to report by 0x￿PIlon In the light of our knovAodg8 and undersLinding of the charitablg wnpany ils environment obtain&J in the cwr5e ofthe aud( hav8 identified malwial nusstate1r￿ls in Ihe TFUSt*s' rwt. We have ￿thIng to report in rnspe¢t d the folcwriry m*ters li r¢laliDn tt> whth c￿￿panIeS kt 20C6 requires us lo report to you if, in OpNI￿N.. the paiant chatrtable ¢ompary has not kept adequate aThJ sufv.ent accounting records, ty relums adequate for our auth"t have not been re¢eNed frryn branches ￿sited by us,. or the parent ¢harit*tr ¢unp￿Y financd Stateme￿ are not in agreement Wbth the acCou￿ng record8 and r8lums", or rtain discb5ure5 of Trustees. iemuneratK)n specrf*d by la4V not made", or we have not received all the irrfOrMat￿ ar￿ eyplanab(ms wè rÈquirÈ for our audit.. or the Trustees were not entrtitd to prepare the fin8nJal stateJnents in accordance with the small compani•s regime and lak• adwdntage of the Small ¢ompantes' exerrykn.ons in PFBparirv4 the TTuslees' roport and from the roquiremont lo prgpare a Strnlegic lePLNI. Rèsponslbilitits of trustees As explain8d m¢xe fvI￿ in the Tru51ees' reSp￿￿11)thie5 slatement. the Trustees {wtho are also the d*eetors of thej ¢hwitable convany f(￿ the Purposes of ccmpany law) ¥e responsNI e for the preparalion of financial statements and for bèing salIs￿d th* they givg a tru& arvj tsir vvw. and for such internal control as the Truslegs deternina 1$ necessary lo enable the prepth ol Sta￿￿15 that are free from malerol misstatement. whether due to fra¢Jd OT a￿Or. In preparing the finarrial 5tatwTrent$. the TrI￿te9S are resp(msibte for a￿ssing the Grciup's and the parent charitable ￿mpanI5 abilty to ￿￿tinUe as a going coneem, d￿lOSing. as applub￿. matters ￿lated to going concem and using the g￿n9 concem basis of accounting Un￿ the Trustaes ether intsnd to hquid*le the Group OT the parent chariwe company ￿ lo ¢eastr upethns. or have no realistic dlernative bul lo do so. Page 8 SAFE PLACES FORCMLDREN SECRETAIIIAT IA ¢omp•ny lIn￿tsd by IfrKJEPENDENT AufATORS' REPORT TO THE MEMBERS OF SAFE PLACES FOR CHILfiiEN SECRETARIAT (CONTINUED) Auditors. r•spon8ibiliti•s forthe audit of the flrsancial st*ments Our objectives afe to obtrln reason*le assura￿0 about vthether the ffin8ncial statements as a Whts￿ are free from materBI mi$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$5urance. but is a guarant88 that an audit cC￿dUCted in a￿01￿0n¢£ with ISAS (UK) wil aws deled a rnatwd misststemont when il ￿$ts. ￿￿81aleMents can arise from fraud or errof and are c4)ns"Kkr￿I mat￿1a1 if, indNKlualty or in the aggregate. they couhj reas¢)nabty be expected to influence the eC￿L¥niC deusions cl users laken on the ba5i% of these finanaal stalemènts. Irregularities, induding fraud. ao instsn¢es of non-Cry￿anCe with184•3 and regulations. We design pro¢edur•s in line with our responsibilits5, ￿J￿$ned ab￿, to detect material misstatements in respect ol irregulwilies. including fraud. Th8 etht to vthicti our IKocedures ar8 Ca￿le of detediftg irylaritigs. irnludir& fraud is d8tail8d b•iow". Based on our und•r5tsndry of the cornpany and W￿U$￿. idenlify the key laws ond ragulalions affecting the company. We idenlth8d that the prin(ipal risk rffraud ty nor￿cl￿￿1￿?nce with I￿$ and regulal*)ns related lo: Management bias in resped of accounluu estirnts and iudgenwts mad?: Martag￿ent 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 sL*emenl5. Our procedures included. bul were not limited lo.. Enquiry of Thanage￿t and th06e Chary￿ w*h govemance around actu￿ and potential Iiligation and claims, Including instances of non4890) (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 ser￿n 477 d the Ccqnpanies Ad 2C(E. The memb8rs have required ts enlty lo obtain for the yew in questi￿ in acco￿￿nce 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 thntyl￿dge 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 aFProv￿1 and auth(m￿d 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 I￿11￿) due withn on? 14 1354.5301 (5.035) r4et ¢urrènt Ilabllhles lassets 1354.4261 1.631,445 Total assets less current liabil￿e9 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 m0ven￿t in funds for the £(528.256) f2022- £(3,062)). The Ccffipany was ent￿ed to exwnption from audrt under 8ecb.on 477 of the cO￿￿nieS Act 2￿6. Th& members hav¢ required the entty lo a￿￿1 for Ihe year in question in xcordance with sedion 476 Of1￿ Companies Act 2(MJ6. H+ywever. an auw¥ from fmaDcing a¢tl¥hi*J Cash inflows from n*w borr￿*￿9 Repayrnents of t 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 p￿paThr& the I￿anCIa $tstement$. 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 r￿gniSed 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 e￿r￿MiC 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)r*d 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 rfir￿y undertakrg the actpiitw which further the Group's objeciNes. as ¥￿1 as any a$xKiated support costs. 2.5 Tangible fixed assets and d•proclation Tangible r￿e￿ assets C05tiNJ £SCKI or more are ¢¥rtalised axl Tecowi5ed when fijture ecornm benefth5 are Fwbable the ￿ts1 c¥ vJue ofthe asset can tse m8asured reliabty. Tangitle r￿ed assets are recogni5ed at cost After r8c(4nitK>n. under the cost model, ￿￿1 le fixed assets are measured at cosl less &cuM￿ted depreciabon and any ac¢umulatd impamient bsseg. All ¢ost$ incwred to bring a tsryible r￿ed assel its nlended working COr￿lI10n shoukl be in¢luded in the measurement of cost DepreCia￿n is charged so as lo alktale Ihe cost ol fixed assets ￿s8 their tssidual ¥a￿e Ov8rth•irgstrnt￿ Usel￿ tives. usin9 the slwht4ne m¢thod. FreahcAd prop*ty - 50 year$ straKJht linè - 4 years stra￿ht 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 b￿k and incbjdes cash and short4enTr hwJhty liwkl Mwestinents with a Sh￿ maturty of three Th￿nthS 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 Off￿nI f( ha$ received a$ pa￿entS 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 fina￿la1 l*bilrt*$ of a that qualfy a$ bas￿ finanoal inslrurnellts. Ba$K fin¥nual ￿￿tnjrn￿ts 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￿$011d8ted statement of financial actMti¢s oft • stwht4ine basis over the lease temi 2.11 Pon51ons The Gruup q)er*es a d8fin8d ¢ontrl)utim pen%on scI￿rn and Ihe pensim ¢harge represents t amounts payablè by the Gn)up lo the fund in respecl of the year. 2.12 Fund accountlng Gerwal fvnds are unrestricled fvnd$ whKh are for use at thè discration of th• Trustee$ •) rtheIan￿ of the gerwal obiedNes of the Group and ￿1¢h have I￿t been ￿e￿9n￿ed lor olher puwoses. Crilical accounting eslimates and are•5 Ot judgment The prepaotK)n of the finoncial Statem￿1$ wuwes the Trustees to make IL￿MentS, 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. Cr*lcal accounting estDnates and assuffpll￿s". 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 ¢￿1P4￿Y lin*ted 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 chatil*Jl• 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￿ ￿￿dent￿4 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 a￿lit of the Ccrfnpanys annual Counts 23,064 Fees payable lo Ihe Group a¢Art0￿ in rewt of." Audit of subsKIiwy A￿Ounting 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 Tn￿lee exp2nses have b88n in(JJrred (2022. £NILJ. 11. Tantlon Thg Charity is exenw from tsx on incom8 and ga￿S falling wlhwi sec11c￿ 505 of the Taxes Acl 1988 or section 252 of the Taxation of Charye*le Ga￿S Ack 19¥2 to the extent that th8s8 are appli8d lo its charitable objec Page 22 S*SE PLACES FOR CHILDREN SECRETARIAT (A c(ffipJny Ihnlled by 9uarantee) N￿E$ TO THE FINANCIAL STATEMEP FOR THE YEAR ENDED 31 DECEMBER 2023 11 Tangibl• fix•d assats Group Freehold pr*wwty Motor Computer vehicles equlwn•rt Total At 1 J￿Uary 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 2￿23 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 UKtert￿w￿S 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 Child￿Th 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 (Mtsts￿rKj 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 pr*JT 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. s￿Ge March 2023 the Company havo agrted to repay monthty inst￿mentS 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 S￿here 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 f￿an￿ to Safe Pkcos for Chldren UK IReghl¢md Charity Number 11724811 for general expenditure. On 30 June 2023, Safe Plaw Conwnunty S￿￿e$ 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 FIna￿laT ass•ts Finan¢MI assets measured al faw y￿￿0 through and eX￿dit￿e 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 I￿Ugh 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￿ cO￿n80 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*I￿a 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 Fu￿S- 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) I110￿16> 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 lin*t•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)ry￿r 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$0ts bo¢w•n funds-¢urr•nt yèar UnrestrÈcted funds 2023 Tt)tal 2023 Tangible f￿ed assds Current assets cr￿￿OrS withn one year 394.974 119.201 1625.0911 394.974 119.201 1625.091) Total 1110.916) 1110.916) Anatysis ¢f •￿t ass•ts b•tw••n funds- prior year UnT9slIT¢l& fvnds 2022 Total fvtKIs 2022 Tangknle ftted assels Current assets 402.592 402.592 705.693 10&693 (231.651) (231.651) (t.457.615) (1.45T,6t5J Cr&Jrtors the within one Creditors du8 in than rme year Total (1,180.951) (1, 180.981J Pag8 27 SAFE PLACES FOR CHILD￿ SECRETARIAT (A company limltsd by guknntsel NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECE￿ER 2023 20. Reconciliatlon of n•t mov•ment in lunds to net cash fhw from opera￿9 activlties Group 2023 2022 Net inccrfreleyditure lor th8 las pw Sktemenl ol FIn￿CIal Acbvitm) 1.070.065 (257,687) Adiuslm•nts lor: Depr￿ation ¢h•rges Decreasel(Incre8se) in debto Increasellderyeasel in creditor5 15.818 42.020 (1.260.142) 14 128 (52.032) 51,910 Net used In op•Tr¢ing aclivitseg 1131239) (239,681) 21. Anatysis of ¢ash and •qulval•nts Group 2023 Gmup 2022 Cash in 79.353 23.825 Total cash afvd equivalents 79,353 23,825 Analysis of changes in net debl Other non- At31 cash D•c8mbar ch•nge5 2023 January 2023 Cash fl¢>ws Cash at bank and in hand Debl due wthin 1 year Debt due after 1 year 23.825 79.363 PSO.7SSI 1350.7551 1IA57.615) 119S,96n 1,653,582 {1.433.79D) 1140.439) 1.302.827 271A02} 23. The Comparby operates a deffirt￿ uxrtnbUli￿ p￿￿)n sch￿. The as$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 Comp*y 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 ex￿1p￿ FRS 102 sedion 33.1A Related Party Oisclosures frcffi disdosiTr3 Irar￿li(￿ wth other rrvthrs of tho grcmp. Both the Companys trustees. AJthcry TIKThpson Peter Keamey, are al$0 &'re¢tors of Safe Pl Communty SeNtes Limited. Anthony Thompson serves as Chairman. Safe Places C¢￿MunItY SèrNtes mitèd is a similar or9anisation cyeiating in Australia The vi** of Ihe Trijslees is that Safe Pla¢¢s Communty SeNi¢es Limit8d and this tharity are connected parties pursuant to the Australian accounting standards and the United Kingdom accounting slandards. During the yeaf ended 31 December 2023. the Crynpafty borrThbEd t198.176 of additional funds. On 30 Juna 2023, Safe PL4ces Communty Services Limfted •3reed to forgive the OLrtstsnding kxn balance c4 £1.302,827 Di fvll. Th• balanc• Outslaj￿.ng at 31 Decw*er 2023 15 £N￿l2022. £1.633.888 t)v&ll. There art other ￿lated p•ty trar￿a(*￿ that requwe disch)su￿. Page 29 SAFE PLACES FOR CtrILDREN SECRETARIAT (A company Iln*t•d by guarantee NOTES TO THE FINANCIAL STATEME1￿5 FOR THE YEAR ENDED 31 DECEMBER 2023 26. Subsidiary Ch•rlty The eharty contrds S* P18ceg for Chikjren UK by virtue of 1>9in9 its onty rneMb￿. Safe Places for Children LK P￿vvje5 resKlentk?l thryeuiic cwe ol h4h needs Ch￿ren. young aduf(s and disabi8d peoplg. p￿￿dIng rehabilitatKn Ser￿8$ in to the xnm8d4*• rneds ￿lhe srung p8opl•. A summary ofthe reS￿lS oftho Ch* out bdw. 2023 )22 Income frcqn Charitable Acbvitie8 Charilable A¢b￿lieS 1615.842 1.816.895 12,017.521) (Z067. 745) Net Incom•1 f•xp•ndi￿reI forthe year 1.598.321 (2￿.￿) A$yets Llabilkn'es 514.071 5Q5,693 12ni.5611 {1,860.504) Net assets l (liabilities) 243.510 (1,354.811) Controlling party Safe Places for Children Seryetariat is a Compwry limit&J by aThJ a￿rdln9ty dr￿9 nc4 have share wital. Every rnember ol thaiitable Ccrfry)any undertakes to suth Jnr)unt as may be require(I not exceeding £1 to the assets of the Charitab￿ company in Ihe event of it being wound up while he or She is a M￿b￿r. or wbthin year after he or she ceases to be a IrMiber. Until 29 Febru4ry 2024, Ihe Cixnpanls partrnl entity was cortsKlered lo b$ 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 Secyd￿at'S art￿eS of assocwtion by speci31 ￿0k￿lon. Consolidat8d financFal ststernents are prepared by Safe Pkices Australra Limrtod. a copy of wh￿h ' 8vaild)le from Lev¢1 19, 241 AdelaKle Street. Brobam QLD 40(MJ. Page 30