Charity registration number 1173554 MOTHERWELL CHESHIRE CIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
MOTHERWELL CHESHIRE CIO LEGAL AND ADMINISTRATIVE INFORMATION Trustees T Fadeigh J Hodgson V Parry R Lawes F Tomlinson C Ashley (Appointed 17 October 2023} (Appointed 17 October 2023) Dr C Ramsbottom Charity number 1173554 Prlnclpal address 5444 Beeth Drive Wistaston Crewe Cheshire CW2 8RG Telephone number 01606 557 666 Website www.motherwellcheshirecio.com Facebook wW.f8Ceb00k.comlmotherWel1.¢O.Ukl Independent examiner Paul Edwards FCCA CTA Allord Bond Holdings Limited Charlered Accountanls & Registered Auditor 31 Wellington Road Nanlwich Cheshire CW5 7ED Managment employees Chief Executive offir- Kate Blakemore Operations Management-Alison Hodgeson Patron Sir John Timpson
MOTHERWELL CHESHIRE CIO CONTENTS Page Tnjstees report Independent examinerfs report Statement of financial activities Balance sheel Notes to the financial statements 7-15
MOTHERWELL CHESHIRE CIO TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their annual report and financial statements for the year ended 31 March 2024. The financial statemenls have been prepared in accordance wtth the accounting policies sel out in note 1 to the financial statements and compty with the charity's constitution. the Charities Act 2011 and "Accounling 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 IFRS 102)" (effeclive 1 January 2019). Objectives and activities VISION Our vision is Ihal wornen and gir15 are able to meet the challenge5 in their lives and access supporl, educalion and advocacy whenever they need it, in order to fulfil their potential. MISSION Encourage, inspire and empower all women and girls to improve their mental heah and challenge the associated stigma. OBJECTIVES In order to achieve Our Mission, we aim to- Expand our services for women and girls in Cheshire and beyond: allowing us to reach more people and change more lives. Continue to grow as an organisation. developing and delivering new activrties and projects and diversifying and maximising our income. Maximise the skills and capacity of stsff and volunteers and create training opporlunities for people who wanl lo volunteer lo support, develop.. and extend our services. Ensure appropriate premises and infrastructure are in place to support our continued development. Ensure the appropriate governance and leadership to improve Molherwell's sustainability, allowing us to be forward looking and continue to provide high qualty ServIS that are responsive to the needs of our beneficiaries. Public benefit The trustees have paid due regard to guidance issued by the Chanty Commission in deciding what activities the charty should undertake. Achlevements and perforniance Significant activities and achievements against objectives Financial review Under the leadership of our CEO Kate Blakemore the team has come together to continue to support the vulnerable in our society. Through a combination of online and face lo face support we have provided.. Support on different levels to over 1000 individuals The community hub we have supported Over 2700 volunteering hours have been provided to the charity To support the service that is provided 3 new counsellors were employed increasing year on year staff costs. The marketing cost increase is due to the evaluation of the Believe Programme completed by Chester University. Reserves policy
MOTHERWELL CHESHIRE CIO TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 It is the policy of the charity that unrestricted fvnds which have not been designaled for a specific use should be maintained at a level equivalent to belween three and six month's expenditure. The trustees consider that reserves at this level will ensure Ihal. in Ihe evenl of a significant drop in fvnding. they will be able to continue the chatity's current activities while consideration is given to ways in which additional funds may be raised. This level of reseNes has been maintained throughout the year. Several changes during the year, including using extemal fundraisers, consultants and staff changes, have resulted in higher-than-nomial reserves. This will support our strategic plan for a revised tearn structure thal will support our steady growth further into Cheshire, future proofing our chartty in a difficult climate. The continued success of our setvices is onty made possible by the support we receive from our generous funders and donors and our communty pathers. Thank you to you all. But most importantty the biggest thanks must go to our Motherwell team- both staff and volunteers. Lead by Kate they work tirelessty together to deliver the best they possibty can. Their commitment is cleady evidenced by the impact of their work. Structure, goveman¢e and management The charity is a charitable incorporated organisation (CIO) govemed by a constitution approved by the Charity Commission of England and Wales. The trustees who served during the year and up to the date of signature of the financial statements were.. T Farleigh J Hodgson A Palin V Parry R Lawes F Tomlinson C Ashley Dr C Ramsbottom (Resigned 30 June 2023) {Appointed 17 Oclober 2023) (Appointed 17 October 2023) Recruitment and appointment of trustees Apart from the firsl charity trustees, every trustee must be appointed for a temi of three years by a resolution passed at a property convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees. the chartty trustees must have regard to the skills. knowledge and experience needed for the effective administration of the CIO.
MOTHERWELL CHESHIRE CIO TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Staff responsibilities Chief Executive Officer Overall responsible for charity operations Writing funding applications Producing reports for funders Keeping to chanty commission aims Driving charity forward Working with trustee's to ensure posttive strategic direction of the charity Oversees risk and health and safety Ensuring projects meet required fijnded outcomes Operations Manager Oversees all adivrty coordination in the charity Manages volunteers Project lead for Flagship projects Believe and Inspire Oversees counselling and mentoring coordinator Line manages project team Ensuring projecls meet required funded outcomes Project leads The charity also has project leads for each project Organisational slructure The trustees report was approved by the Board of Trustees. fyl 14.J 50A FJ T_I rn>OA J Hodg50n Trustee F Tomlinson Trustee 24 October 2024
MOTHERWELL CHESHIRE CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MOTHERWELL CHESHIRE CIO I report to the trustees on my examination of the financial statements of Motherwell Cheshire CIO Ilhe charity) for the year ended 31 March 2024. Responsibilities and basis of report As the Iruslees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 {Ihe 2011 Acti. I report in respecl of my examination of Ihe chanty's financial slatements carried out under section 145 of Ihe 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515)Ib) of the 2011 Act. Independent examinefs ststement Since the charity's gross income exceeded £250,000 your examiner must be 2 member of 8 body listed in section 145 of the 2011 Act. I confimi that l am qualified to undertake the examination because l am a member of ICAEW, which is one of the listed bodies. Your allenlion is drawn lo the facl that the chatity has prepared financial 5talements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 vthich is referred to in the extant regulations but has now been withdrawn. l understand thal Ihis ha5 been done in order for financial slatement5 to provide a true and fair view in 8ccordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I cOnfin that no matters have come to my attention in connection with the examination giving me cause lo believe that in any material re5pecl'. accounting records were nol kept in respect of the chartty as required by section 130 of the 2011 Act., or the financial statements do not accord with those records- or the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in CDnneclion wtth the examination to which attention should be drawn in this report in order to enable a proper understanding of the finanaal statements to be reached. Paul Edwards FCCACTA Afford Bond Holdings Limited Chartered Accountants & Registered Auditor 31 Wellington Road Nantwich Cheshire CW5 7ED Dated: 24 October 2024
MOTHERWELL CHESHIRE CIO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 unstriCted Restri¢ted funds funds 2024 2024 Totsl Unrestricted Restricted funds funds 2023 2023 Totsl 2024 2023 Notes Income from: Donations and legacies Charitable activities Other trading actNilies 21.400 28.168 38.254 21,400 325,019 38,254 23,413 34,550 29.656 23.413 242.775 29.656 296.851 208,225 Total income 87,822 296,851 384,673 87,619 208,225 295,844 Expenditure on: Raising funds Charitable aclivilies 7.693 39.256 7.251 246.750 14,944 286,006 4,600 93,697 487 218,374 5.087 312.071 Total expenditure 46.949 254.lJ)1 300,950 98,297 218,861 317,158 Net incomel(expenditurel and movement in funds 40.873 42.850 83,723 (10.678) 110,6361 121.3141 Reconciliation of funds: Fund balances at 1 April 2023 4.495 88.634 93,129 15,173 99,270 114.443 Fund balances at 31 March 2024 45.368 131.484 176,852 4,495 88,634 93.129 The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
MOTHERWELL CHESHIRE CIO BALANCE SHEET AS AT31 MARCH 2024 2024 2023 Notes Current assets Cash at bank and in hand 176,852 93.129 Net current assets 176.852 93,129 Net assets excluding pension liability 176,852 93,129 The funds of the charity Restrided income funds Unrestricted funds 13 131,484 45.368 88,634 4,495 176.852 93.129 The financial statements were approved by the trustees on 24 Ociober 2024 FJ T.-I IwISO*l J Hodgson Trustee F Tomlinson Trustee
MOTHERWELL CHESHIRE CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Charity infomation Motherwell Cheshire CIO is a charitable incorporated organisation (CIO) govemed by a constitution approved by the Charity Commission of England and Wales.. 1.1 Accounting convention The financial stalements have been prepared in accordance with the charify's Igoverning documenti, the Charities Act 2011. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" {"FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities.. Slalement 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)" (effective 1 January 20191. The charity is a Public Benefft Entty as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements have departed from the Charilies (Accounts and Reports) Regulations 2008 onty lo the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities apptying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statemen15 are ppared in steTling, whith is the functional currency of the charity. Monelary amounts in these financial ststements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are sel out below. 1.2 Going concern At the lime of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational exislence for the foreseeable future. Thus the tnEtees continue to adopt the going concem basis of accounting in preparing the financial statements. 1.3 Charitable fund5 Unrestricted funds are available for use at the discretion of the trustees in fvrtherance of their charitable objectives. Reslricled funds are subject to spectfic conditions by donors or grantors as lo how they may be used. The purposes and uses of Ihe restricted fvnds are set oul in the notes to Ihe financial statements. Endowment funds a subject to specific conditions by donors that the capital musl be maintained by the charity. 1.4 Income Income is recognised when the charity is legally entr(led to it after any perfomiance conditions have been met, the amounts can be measured reliabty. and it is probable that income will be received. Cash donations are recognised on receipt. other donations are recognised once the charty 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 charity has been notffied of aTr impending distribution, the amount is known. and receipt is expected. If the amount is not known, the legacy is treated as a conlingent asset.
MOTHERWELL CHESHIRE CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued) 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit to a third party, rt is probable that a transfer of economic benefils will be required in settlement. and the amount of the obligation can be measured reliabty. Expenditure is dassified by activty. The costs of each activity are made up of the total of dIrt costs and shared costs, including support Costs invofved in undertaking each activity- Direct costs attributable to a single activty are allocated directty to that aclivty. Shared costs which contribute to more than one activity and support costs which are not attribulable to a single aclivty are apportioned between those activities on a basis consislenl 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 asseys use. 1.6 Cash and cash equivalents Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowngs in current liabilities. Basic financial assets Basic financial assets, which indude 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 Iransaclion, where the transaction is measured at the present value of the fvture receipts discounted al a market rale of interesl. Financial assels classtried as receivable within one year are not amorlised. Basic financial liabilities Basic financial liabilities. including creditors and bank loans are initialW recognised at transaction price unless the arrangement constitutes a financing transaction. v4here the debt instrument 15 measured at the psent value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are nol amortised. Debt instruments are subsequenty Caled at amortised cost. using the effective interest rate method. Trade creditors are obligations lo pay for goods or servi¢es Ihat have been a¢quid in the ordinary course of operations from suppliers. Amounts payable are dassified as current liabilities rf payment is due within one year or less. If not. they are presented as non-current liabilibes. Trade creditors are recognised initially at transaction price and subsequenty measured at amortised cost using the effective interest method. Derecognition of linan¢ial liabilities Financial liabiltbes are derecognised when the charity's contractual obligations expl or are discharged or cancelled. 1.7 Employee benefits The cost of any unused holiday entidement is recognised in the period in which Ihe employee's services a received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide temiination benefits. 1.8 Relirement benefits Payments to defined contribution retirement benefft schemes are charged as an expense as they fall due.
MOTHERWELL CHESHIRE CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Critical accounting estimates and judgements In the applicalion of the charty's accounting policies. the trustees are required to make judgemenls, estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associaled assumptions are based on historical experience and other factors thal are considered to be relevant. Actual results may differ from these estimates. The eslimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo 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. In¢ome from donations and legacies Unrestricted funds 2024 Unrestricted funds 2023 Donations and gifts 21,400 23.413 In¢ome from charitsble a¢tivilies unstriCted Restricted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Totsl 2024 2023 Support. education and advocacy for women Performance related grants Other income 296,851 296,851 28,168 208,225 208,225 34,550 28,168 34,550 28.168 296.851 325,019 34,550 208,225 242.775 Income from other trading activities Unrestricted unStrICted funds funds 2024 2023 Fundraising events 38,254 29,656
MOTHERWELL CHESHIRE CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expenditure on raising funds unStrICted Restricted funds funds 2024 2024 Totsl Unrestricted Restri¢ted funds funds 2023 2023 Totsl 2024 2023 Fundraising and publicity Seeking donations, grants and legacies staging fundraising events 6.776 6,776 917 7.251 8.168 4,600 487 5.087 7.693 7.251 14.944 4.600 487 5,087 Expenditure on charitable activities Support. education and advocacy forwomen 2024 Support. education and advocacy for women 2023 Direct costs staff costs Supervision Travel Training Membership fees Sessional costs Volunteers Refreshments Materials Room hire 210,203 1,470 1,561 370 170 2,087 677 900 568 4,516 224,851 1.140 4.031 1.400 140 2,795 208 767 1.189 5,258 222,522 241.779 Share of support and governance costs (see note 8) Supporl Governan 52,702 10,782 64,316 5,976 286,006 312.071 Analysi5 by fund Unrestricted fvnds Restricted funds 39,256 246,750 93,697 218,374 286,006 312.071 10-
MOTHERWELL CHESHIRE CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support costs allocated to activities 2024 2023 Rent IT and website Telephone Printing, postsge 3nd stationery utilities Sundry expenses Office equipment Marketing Insurance Professional fees Governance costs 1.541 4.234 4.889 2,368 3,739 977 8.998 8.726 1,251 15,980 10.782 2.356 6.880 4,309 5,853 5,883 3.245 8.537 16,953 1,265 9,035 5.976 63.485 70.292 Analysed between: Support, education and advocacy for women 63,485 70,292 Trustees None of the trustees {or any persons connected with them) received any remuneration or benefits from the charity during the year. 10 Employees The average monthty number of employees during the year was.. 2024 Number 2023 Number 14 17 Employmenl costs 2024 2023 Wages and salaries Other pension costs 203,809 6,394 219.742 5.109 210,203 224,851 There were no employees whose annual remuneration was more than £60.000. 11
MOTHERWELL CHESHIRE CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Employees (Continued) Remuneration of key management personnel The remuneration of key management personnel VRS as follows.. 2024 2023 Aggregate compensation 59,003 56.977 11 Taxatlon The charity is exempl from taxation on its activtties because all tts income is applied for charitable purposes. 12 Retirement benefit schemes 2024 2023 Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes 6,394 5,109 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separatefy from those of the charity in an independenty administered fijnd. 12
MOTHERWELL CHESHIRE CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Restricted funds The restricted funds of the thartty comprise Ihe unexpended balances of donalions and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 April 2023 Incoming resources Resources At 31 March expended 2024 BBC Children in Need Cheshire Communty Foundation fund rt forward Garfield Weston Foundation Reaching Communities National Lottery Fund Holroyd Foundation National Lottery Community fund- cost of living grant People's Health Twsl Pilgrims Trust Julia and Hans Rausing Trust Crewe Town Council Nantwich Town Council Cheshire Communty Foundation- Benlley Fund Cheshire Communty Foundation- Deprived Neighbourhoods St James Place Foundation Rotary International cheshi Community Foundalion Communty grants programme 2022 Cheshire Community Fouundation Small Grant Fund Cheshire Wlrral Partnership Transformation Fund Sport England other 20.987 120.9871 10.000 20,000 91.380 (3,5351 15,2691 (90.3231 13851 6,465 14,731 17.995 16,938 385 24.431 20,664 30,273 (24.4311 (5,7581 (7501 (11.8891 12.4811 14711 14,906 29,523 11.893 2.481 1.000 529 2,000 (2,0001 12,669 5,000 2.156 (3.7801 15.0001 12.1561 8.889 8.162 (8,1621 2.500 12.5001 8,048 20,604 3,170 68.348 (28,6521 3,170 35.272 2.396 (35.4721 88.634 296.851 1254.0011 131.484 13-
MOTHERWELL CHESHIRE CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Restricted funds (Continued) Previous year: At 1 April 2022 Incoming resources Resources At 31 March expended 2023 BBC Children in Need Cheshire Community Foundation- Bentley community fvnd Cheshire East Council Covid Response Fund Reaching Communities National Lottery Fund Holroyd Foundation The National Lottery Awards forAII Reaching Communities Steve Moigan Foundation Julia and Hans Rausing Trusl Cheshire West Clinical Commissioning Group Cheshire Community Foundation- Main Grant scheme Cheshire Communty Foundation- DCMS Cheshire Communty Foundation- Deprived Neighbourhoods st James Place Foundation Rotary International Cheshire Communty Foundation Communty grants programme 2022 The Big Give Cheshire MArral Partnership Transfomiation Fund Other 8,425 30.369 (17.8071 20.987 1.574 27.741 11.5741 (27.7411 126,9941 (7,1151 18.8481 14.6691 (8,9831 (8,1071 146,6351 43,932 7,500 16,938 385 8.848 4.662 8.575 20,000 15,155 408 11,893 31.480 11.625 1.082 (11.6251 11.0821 14,270 5.000 2.500 (1,6011 12,669 5.000 2.156 13441 10.350 6.312 12.1881 (8.1281 8.162 1.816 39.600 (31.5521 13.8681 8.048 2.396 6.264 99.270 208.225 1218,8811 88,634 14 Unrestricted funds The unreslricled fvnds of the Charity comprise Ihe unexpended balances of donations and gnIS which are not subject to speafic conditions by donors and grantors as lo how they may be used. These include designated funds which have been set aside out of unrestricted fijnds by the INstees for specific pUoses. At 1 April 2023 Incoming resources Resources At 31 March expended 2024 General funds 4.495 87.822 146.9491 45.368 Previous year: At 1 April 2022 Incoming resources Resources At 31 March expended 2023 General funds 15.173 87.619 198.2971 4.495 14-
MOTHERWELL CHESHIRE CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 15 Analysis of net assets between funds Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Current assetsllliabilities) 45,368 131.484 176.852 45.368 131.484 176.852 Unrestricted funds 2023 Restricted fund$ 2023 Total 2023 At 31 March 2023: Current assetsllliabilitiesl 4.495 88,634 93.129 4,495 88,634 93,129 16 Related party transactions There were no disclosable related party transactions during the year (2023 - none). 15-