SAMARITANS Portsmouth & East Hampshire REPORT OF THE DIRECTOR, TRUSTEES AND FINANCIAL STATEMENTS For financial year ended 315t March 2024 Registered Charty Number 1173720 296 London Road. Portsmouth P02 9JN
CONTENTS PAGE Objects of the charity Trustee members, Govemance and Report Directors Report Financial Review Independent Examiners Statement statement of Financial Activities Balance Sheet 10 Notes to the Accounts 11-17 OBJECTS OF THE CHARITY. AND SAMARTIANS, VISION. MISSON AND VALUES The purpose (the Objects) of the Charity is laid down in the Constitution as follows: "To work for the assistance of persons who are suicidal, despairing or in distress by pmviding a service priman'ly intended for the benerrt of persons in Portsmouth and East Hampshire and the surrounding area (but without specrfic limitations as to area) to befriending from members of the Charity selected ad prepa d for the pUoSe working under direction.. and also, where appropriate, in acGordanG8 with Sama17tan procedure, refeal to persons having speGialist or professional skills., and 2. °To support the Company and aid in the establishment and support of probationary branches and the support of recognised branches of Samantans". Samaritans, Vision is that fewer people die by suicide. The Charity seeks the achievement of this Vision by aclively working in support of Samaritans 'Mission and Values. Samaritans are committed to the following Values= Listening, Confidentiality. People makin their own decisions Bein Non-Jud emental and offerin Human Contact.
Trustees durin the eriod under review 1StA ril 2023 - 31st March 2024 Position Director Treasurer Secreta Trustee Trustee Trustee Trustee Trustee From 26 June 2018 1 October 2017 1 October 2017 21Se tember 2021 21Se tember 2021 27Se tember 2022 27Se tember 2022 26Se tember 2023 To If no lon er in office) Helen Puckett Di Allen Ann Erskine Brian Stevel Chris Pluck Kate Steel L n Robertshaw Steven Jack Custodian Trustee: Samantans, The Upper Mill, Kingston Road, Ewell KT17 2AF Independent Examiner: Morris Crocker, Chartered Accountants, North St. Havant, P09 1QU Lloyds plc. 80 London Road, Portsmouth P02 OLX Bankers: Govemance and Mana ement. Ilvhen the Charty changed to become affiliated to the Samaritans Central Charity in 2017. the local governance structure changed with it. The need for a committee was removed and in its place a Branch Leadership Team was established. This brought together the operational and financial aspects of our work urKler a single structure with the Director also acting as Chair of Trustees. The Director chooses Deputies to join the team which will also include the Treasurer and SeGretary. Trustees will also be included in this tearn and the number of Trustees is set by the Director and Trustees and the number will be between 3 and 13. All Trustees, apart for the Director, will be chosen by the AGM as will the Secretary and Treasurer positions. Composition of the Leadership Tearn will therefore be as follows. Director and Chair of Trustees (automatically a trustee) Deputy Directors Treasurer. (automatically a trustee) Secretary. (automatically a trustee) Trustees. {number to be decided) Director and Deputy Directors are in place for 3 years while others are elected each year at AGM. Deputy Directors may act as Trustees but must be elected at AGM. The Director will represent the Charity at Regional and Central Councils.
Trustee Res onsibilities relatin to the financial records of the Chari Trustees are responsible for ensuring that proper accounting records are kept which disGlose, with reasonable accuracy at that time, the financial position of the Charity, and ensuring that the accounts comply with relevant legislation. The Trustees are issued with full financial reports each month and reiVed written Treasurerfs Report at each Committee meeting during the period under review and the Trustees consider such adequate in enabling them to fulfil their duties. The Trustees are required to prepare accounts for each financial period which give a true and fair view of the state of affairs of the Charty. In preparing those accounts the Trustees are required to: Select suitable accounting policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent. In ensuring that the Charity remains solvent. Take reasonable steps to prevent and detect fraud and other iegUlar1ties. Prepare the accounts on an ongoing concem basis unless it is inappropriate to presume that the Charity will continue in operation. No Trustee has any financial interest in the Charity, and no Trustee received remuneration from the Charity for acting as a Trustee. It is the Policy of the Charrty to reimburse members for any out of pocket expenses incurred during activities undertaken for the purpose of the Charity and this extends to Trustees while perfonning their role. It is the responsibility of the Trustees to administer the Charily and see that it delivers the outcomes for which the Chaiity was formed, and to ensure that the Charity complies with the requirements of the Charity Commission for England and Wales. Public Benefit The Trustees confirm that. in the compilation of this report, they have had regard to the public benefit guidance issued by the Charities Commission. The Trustees affirm that the charitable service of the Charity is available to all sections of the public without limitation of age, social class, gender, race, religion, or geographical restriction. The Charity makes no charge for its services arKI is active in ensuring that callers in financial difficulty are not excluded from the opportunity to benefit from its servIs. Relationshi with other relevant charities Nationally Samaritans has fonned partnerships and working agreements with several charities. These arrangements are designed to enhan the service we Gan provide to our callers e.g. signposting. The Portsmouth and East Hampshiie Branch comply with these arrangements. In addition, our Branch has formed partnerships with other local organisations, both charities and public service, to further improve our servi. Risk Mana ement The Trustees have considered major risks to which the Charity could be exposed. These are recorded in a Risk Managernent Register and are reviewed on a scheduled basis by the Committee. When deemed necessary steps are agree and implemented lo mitigate an identified risk. The Register was last reassessed arKI amended on 27 March 2024.
Directors Re ort l am once again delighted and honoured to present the annual Director and Trustee report for the financial year erKling in 2024. Our remarkable growth and achievements are owed entirely to our dedicated volunteers. who commit so much time and effort to keep the branch flourishing and accessible to our callers. As of the end of March, we have 146 listening volunteers and 11 support volunteers, a fantastic increase from last yearfs 132 listening volunteers. This steady growth reflects the ongoing commitment and enthusiasm of our team. Last year, our branch answered over 25,000 calls. We are immensely proud of the dedication shown by our volunteers. This year, we celebrated one volunteer who has completed an astounding 45 years as a listening volunteer. Additionally, we have one volunteer who has been with the branch for 15 years and 5 others who have reached a decade of service. Their commitrnent exemplifies the true spirit of our organisation. We continue to build on our outreach efforts and have formed valuable partnerships with organizations such as the Solent NHS Trust, Portsmouth Hospitals. Local Foodbank, the Trussell Trust, Portsmouth Pride, and HSD College, where we support Adult Student Counsellors. Our schools program is thriving. as are our collaborations with Network Rail and Veterans outreach. Additionally, we continue to support the Isle of Wight branch with their prison work. Our recruitment and training prograrns rernain robust, with 24 volunteers successfully completing their training and becoming listening volunteers last year, matching the number from the previous year. Sam's Pla, our charity shop, continues to be incredibly successful. It is not only a wonderful. quirky shop but also a thriving community hub where everyone is welcome. We are fortunate to have a dedicated Workfor involved in the shop, and the income generated supports the branch financially. The income from the flat at 298A London Road also contributes to the branch's operations. We are pleased to have recruited new leaders and Deputy Directors (DDS) over the past year. They have settled into their roles well and are enjoying their responsibilities. They re1ve regular training to stay informed about new initiatives from Central Office (CO), which are then cornmunicated to our volunteers. l am continually astourKled by the level of support from our leadership team and volunteers. Those who worf( behind the scenes are the unsung heroes of our organisation, and each one of you is deeply appreciated for enabling us to be there for our callers. l extend my heartfelt thanks to all of you. Helen
Financial Review The Charity is responsible for raising its own funds and no funding was given to the Charity by local authorities, public agencies or central govemment during 2023124. All costs for its charitable operations were bome by the funds of the Charity, details of which can be seen in the financial summaries at the end of the Report. Summary The financial statements for the year show an overall increase in funds of £7,947 as a result of total incoming resour5 of £86, 112 and resources expended of £78,165. Total net assets at year end of £424,064, including total cash funds and securities of £129,377, of which £610 are funds restricted to the outreach prograrnme. Incoming Resources ReiptS decreased by £6,194 compared to the previous year, primarily due to the decrease of £11.567 in Sales of donated goods (including Gift aid) sold through the charity trading company. Resources Expended Total Expenditure only decreased by £1.218 when compared to 2022123, as a result of the following main variances- reduction of £9,082 expenditure incurred with maintenance of the flat" lower affiliation fees recognised in the year of £11,295 and, additional expenditure of £20,000 due to eXptIOnal donation as per below. Charges for the New Branch Contribution (NBC) of £5,300, which is the contribution that this Branch pays to the Central Charity on an annual basis, have been accrued for the current year. The long term revenue streams are performing well. 1. The rental flat continues to be on a long term contract, delivering another full year of income. 2. Sams pla continues to perfomi well above expected. In furtherance of the pursuit of its charitable objectives, the Charity seeks to maximise income from voluntary donations by utilising the Gift Aid scheme and the Grft Aid Small Donations Scheme (GASDS) operated by Her Majesty's Revenue & Customs (HM RC). The Trustees recognise that many of the Branch's Volunteers waive the option to claim for reimbursernent of expenses. This is equivalent to making a gift to the Charity, and the Trustees acknowledge the beneficial effect this has on Branch finances. We received a restricted donation of £756 with no limitation date, to be used in Outreach. However, where there are restricted donations brought fopNard frorn previous years, and where there is no limilation of date by which these funds are to be exhausted imposed by donors, the Trustees expect that the fund will be put to timely charitable use. The trustees agreed to donate £20, 000 to Walsall & District Samar"rtans to kickstart their appeal for funds to help rebuild their building due to flooding and general disrepair. This donation is in keeping with the Samaritan ethos of providing and maintaining a service to the general public in helping to prevent suicide and suicidal thoughts. Reserves Polic The Reseprfes Policy was reviewed in the financial period 2018119 and has been declared as follows..
Our unrestricted reseNes will be kept in the region of 125- 150Yo of the "Annual running Gosts. Galculaled from expenditure figures stated in the Financial Statements of the Chanty as published in its annual reports for the three most recent accounting periods. In short, this can be expressed as Reserves sufficient to cover expected outgoings for 15 to 18 months. Based on 2023124 unrestricted resources expended this is £95,345 to £114,414. Our unrestricted cash funds total at 31 March 2024 were £128.767, which is the total cash fund less the restricted funds. This level will be kept under review and may be varied rf thought necessary and may be expressed alternatively as a target level, or target range. Investment Polic and Investment Perfomiance The ConstitLrtion gives powers to the Trustees in the manner in which the assets of the Charity are invested. During the period under review the Charity had no investments or monetary assets other than cash deposits and a Treasury backed security. In the selection of deposit accounts or investments for the Charity, Èt is the policy of the Trustees to seek to obtain rnaximum retum without undue risk. To this end the Trustees ensure that any cash deposits andlor investments in the Charity's name are covered and safeguarded by the Financial Services Compensation Scheme. During 2023124 cash at bank was not always rTtaintained at an average equivalent to approximately 12 weeks of operating costs. The closing cash at bank position will be reviewed by the Trustees and invested at the beginning of 2024125. Other cash assets are deposited in 7-day notice accounts. Full investment retums are therefore obscured until account anniversary dates. Examination of accounts By virtue of its size, the Charity is not required to have its accounts audited and, under the Charities Act 2011 , it is pemiitted to have its accounts examined by an Independent Examiner. At the AGM in September 2023, it was agreed by the trustees that Morris Crocker. Chartered Accountants be re-appointed as the Independent Examiner for the financial year 1 St April 2023 to 31 St March 2024 in accordan with clause 13.2 of the Constitution. roval of annual re rts and financial statements This Annual Report and Financial Statements was granted approval by the Trustees of Samaritans of Portsmouth and East Harnpshire on ?? September 2024 and the following persons are authorised to sign it on their behalf. Director Helen Puckett Trustee Ann J Erskine
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SAMARITANS OF PORTSMOUTH & EAST HAMPSHIRE Independent examinerfs report to the trustees of Sarnaritans of Portsmouth & East Hampshire I report to the charity trustees on my examination of the accounts of Samaritans of Portsmouth & East Hampshire (the Trust) for the year ended 31 March 2024. Responsibilities and basis of report As the charity trustees of the Tmst you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examinevs statement I have completed my examination. I confinn that no material matters have come to my attention in Connection with the examination giving me cause to believe that in any material respect" accounting records were not kept in respect of the Trust as required by Section 130 of the Act., or the accounts do not accord with those records. or the accounts do not comply with the applicable requirements conceming the fomi 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 concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Paul Underwood Morrts Crod(er Chartered Accountants Station House North Street Havant Hampshiie P09 1QU
STATEMENT OF FINANCIAL ACTIVITIES 12 MONTH PERIOD FROM 1 APRIL 2023 to 31 MARCH 2024 (2023124) Unrestricted Restricted Total Total Funds Funds Funds Funds 2023124 2023124 2023124 2022123 (12 mths) (12 mths) (12 mths) (12 mths) Notes INCOMING RESOURCES Incoming resources from generate(I funds Investment income and interest 71,534 13,822 756 72,290 13,822 79,310 12.996 Total incomlng resources 85.356 756 86,112 92,306 RESOURCES EXPENDED Costs of generating investment income Charitable activities Govemance costs 4-6 5,680 69.237 1,359 5,680 71,126 1,359 14,343 63,685 1,355 1,889 Totsl resources expended 76,276 1,889 78,165 79.383 Net incoming resources before other recognlsed gains 9.080 (1.133) 7.947 12,923 OTHER RECOGNISED GAINS Investment revaluation Net movement In fvnds 9,080 (1,133 7.947 12,923 TOTAL FUNDS BROUGHT FORWARD 13 392,720 23,397 416,117 403,194 TOTAL FUNDS CARRIED FORWARD 13 401,800 22,264 424,064 416,117
BALANCE SHEET As at 31 MARCH 2024 (end of 12 month accountlng period) 31 Mar 2024 31 Mar 2023 Notes FIXED ASSETS Tangible assets Investment property Investments 51,877 200.000 5,002 256,879 53,192 200,000 5,002 258,194 Total fixed assets CURRENT ASSETS Loan to subsidiary undertaking Debtors, prepayments and accrued income Amount owed by subsidiary undertaking Cash at bank 10 11 25.000 14.596 12,187 124,377 176,160 25,000 14,879 17,450 112,378 169.707 Total current assets CURRENT LIA8ILrriES Credttors, accruals and deferred income.. amounts falling due within one year 12 8.975 8.975 11,784 11,784 Total current liabilities Total assets less current liabilities 424.064 416,117 Total net assets 424,064 416,117 FUNDS OF THE CHARITY General fund Designated fjjnd Restricted funds Revaluation reserve 13 13 13 13 240.844 65,446 22,264 95,510 424.064 232, 067 65,143 23,397 95,510 416,117 Total funds For the finanGial year ending 31 March 2024. the charity is entitled to an exemption from an audit under section 144(2> of the Charities Act 2011. The trustees acknowledge their responsibilities for ensuring that the charity keeps proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity, and for preparing financial statements that comply with the Charities Act 2011. These financial statements have been prepared in accordance with the provisions applicable to charities entitled to the small charity exemption. Trustee (A. Erskine) io
NOTES TO THE ACCOUNTS FOR THE 12 MONTH PERIOD FROM 1 APRIL 2023 to 31 MARCH 2024 (2023124) Basis of Preparation of Accounts These accounts have been prepared on the basis of historic cost [eXpt those investments, including property, if any, are shown at current or market value} in accordance with'_ Accounting & Reporting by Charities - Statement of ReGommended Practice (SORP 2019) Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) The Charities Act 2011 1.1 There has been no change to the accounting poliGies (valuation rules and methods of accounting) since the last accounting period. The accounting period for the charity is 12 months from 1 April ending on 31 March annually. Accounting Policies Incoming Resources Recognition of donations, legacies. similar incoming resources and rental income is included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, the monetary value is realistically measurable, and the Trustees believe that receipt of the resource is enforceable in law. Investment income and interest is included in the accounts when retsived and additionally any interest notionally eamed up to the end of the reporting period but not received or capitalised is also included. Investment gains and losses include any gain or loss on the sale of investments if any, or on the revaluing of investments. rf any, to current or marf(et value at the end of the year. Incoming resources from fundraising are reported gross in the SOFA. Incoming resources from donations, if any. which are Gift Aided are reported gross of recoverable Gift Aid in the SOFA. Any Gift Aid not reiVed or claimed at the end of the financial year is assessed at prevailing Her Majesty's Revenue and Customs {HMRC) Gtft Aid scheme rates and this amount is included in Debtors in the Balan Sheet. Incoming resources from donations of £20 or under, rf any, which are in cash and have not been Gift Aided are eligible, subject to a limit of £5,000 in total per tax year, for a top-up from HMRC under the Gift Aid Srnall Charitable Donations Scheme (GASDS) and such donations are reported gross of the GASDS top-up in the SOFA. Any GASDS top-up not received or claimed at the end of the financial year is assessed at prevailing GASDS rates arKI this amount is included in Debtors in the Balance Sheet. li
Accounting Policies (continued) Expendrfure Govemance costs include the cost of examination of statutory accounts, the cost of meetings held as a requirement of the Charity's Governing Document and the costs of Branch Visits which are usually held tri-annually. Cost of generating investrnent income includes the costs of generating rental income. The Charity is exempt from tax on its charitable activities. Assets and Liabilities Tangible fixed asset addttions are capitalised if they rAn be used for rnore than one year and the cost is not less than £500. Buildings are valued at cost, and the Charity does not have a policy of revaluing these assets. The Charity Financial Statements use a reducing balan method of depreciation for fixtures. fittings and equipment, with an annual deduction rate of 200h. The accounting period reported in these Financial Statements is singularly for 12 months and the depreciation figure stated has been calGulated taking that into account. Assets under capital work in progress are shown at cost and are not depreGiated until brought into operational use. Propety held as an investment is valued at fair value at the year end and is revalued when market value is significantly different from the previous accounting pertod. The Charity only enters into basic financtal instrurnents transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and investments in stocks and shares. The measurement basis used for these instruments is detailed below. Trade and other debtors a recognized initially at transaction price and subsequently measured at arnortized cost using the effective interest rate method, if applicable. Prepayments are valued at the amount prepaid. Cash at bank included cash held on deposit or in a current account. Liabilities are reported in the Financial Statements when the Charity has recognised a reasonable and measurable obligation to pay for them. Creditors and provisions are recognised where the Charty has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be rneasure or estimated reliably. Creditors and provisions are nomially recognised at their settlement amount. Investments on a recognised stock exchange, if any, are valued at fair value at the year end and other investments are valued at their cost at the accounting period end plus accumulated the notional interest earned but not capitalised to the account at that date. Funds Structure 2.4.1 The Charity has a designated fund for the purpose of producing income and creating capital growth. and from which funds can be dravm to enable the Charity to fulfil its objectives in years when expenditure exceeds income. At 31 March 2024 the designated fund comprised accumulated financial reseNes in the form of deposit accounts protected by the Financial Services Compensation Scheme and a Treasury security. The Charity had no investments listed on a stock exchange. 12
Accounting Policies (continued) 2.4.2 Restricted Funds comprise donations or grants given to the Charity with a condition defining the purpose for which they are to be expended. Any such purposes must be deemed by the Charity to support its endeavours in furtheran of its charitable objects and thus adjudged that the donations are appropriate to accept. Any restricted fund which carries a date by which the fund is required to be expended but which has not been rnet is accordingly reported to the funder. For any fund with no lim(Éation of date by which tt should be exhausted, the Charity endeavours to put the fund to appropriate timely use. Going Concem The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concem. Analysis of Incoming Resources Unrestricted Restricted Totsl Total Funds Funds Funds Funds 2023124 2023124 2023124 2022123 (12 mths) (12 mths) (12 mths) (12 mths) Incoming Resources from Generated Funds Donations (non-Gift Aided or 13.714 ineligible for GASDS) Donations (Gift Aided or eligible under GASDS) Sales of donated Goods (Gift Aided) Miscellaneous 756 14,470 11,258 2,064 691 55,404 352 55,404 352 66.971 390 Totsl 71.534 756 72,290 79,310 Inv8Stment Income and Interest Rental income Interest on investments Interest on loan to subsidiary undertaking 12.312 885 625 12,312 885 625 12,000 371 625 Total 13,822 13,822 12,996 13
Analysis of resources expended Unrestricted Restricted Total Total Funds Funds Funds Funds 2023124 2023124 2023124 2022123 (12 mths) (12 mths) (12 mths) (12 mths) Cost of Generating Investment Income Letting Agent Charges Maintenance Utilities and rates 1,406 1,325 2.949 1,406 1,325 2,949 1,210 10,407 2,726 Total 5,680 5,680 14,343 4.2 Chantable Activities Publicity Telephone arvj broadband Intemal training and recruitment External training Volunteers, travel expenses Affiliation fees Agent Commission on GA Sales Utilities Insurance Maintenan Office materials and stationery Domestics Miscellaneous Donations Depreciation 736 736 1,380 596 1,637 262 41 1,999 16,551 18,752 2,766 1,739 13,455 1,661 1,631 951 1.380 394 1,407 5,256 18,457 3.075 1,948 11,410 1,236 1,975 1.798 20,000 901 739 2,146 5,256 18,457 3,075 1,948 11,410 1,236 1,975 1,798 20.000 1,315 71,126 414 1,644 63,685 Total 69.237 1,889 The affiliation fees are payable to Samaritans Incorporated (registered company number 00757372). Govemance Costs Independent Examiner Fees Miscellaneous 1.014 345 1,014 345 960 395 Total 1.359 1,359 1,355 Trustees, rernuneration and benefts There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year end 31 March 2023. During the year no trustees (2023: none) were reimbursed out of pocket expenses for expenses and travel. 14
Stsff costs The average number of employees during the year was nil (2023: nil). The Charity relies on volunteers for its activities. Tangible fixed assets Freehold Fixtures, Land & Fittings & Buildings Equipment Total Cost or valuation: Balan brought forward Additions Balance carried fornard 46,616 35,291 81,907 46,616 35,291 81,907 Accumulated depreciation: Balan brought forward Depreciation charge for the period Balance carried forward 28,715 1,315 30,030 28,715 1,315 30,030 Net book value: Brought fonNard (from 3113123) Balance carried forward lat 3113124> 46,616 46.616 6.576 5.261 53,192 51,877 The refurbishment of 298 London Road was completed in November 2020 and the flat has been let on a comrnercial basis to generate funds for the Charity. Investment Property Balance brought foMard (from 3113123) Revaluation Balance carried forward (at 3113124) 200,000 200,000 At the balance sheet date the property fair value has not changed from the prior year. The property was last revalued at the end of March 2022. Investments Value at period end Income for period Subsidiary Undertaking Securities not listed on a stock exchange Totsl 5,000 5,002 166 166 The charity has a subsidiary undertaking named Sams pla (Samaritans of Portsmouth & East Hampshire) Limited that is not consolidated in these financial statements. This is in accordance with the Charities SORP (FRS102) which allows for non-Gonsolidation if the subsidiary is not material to the overall financial position and performance of the charity. and if consolidation would not provide additional useful infonnation to the users of the finanGial statements. 15
Investments {continued) The charity's investment at the balance sheet date in the share capital of Sarns Place (Samaritans of Portsmouth & East Hampshire) LimÉted include the following: Class of Share Ordinary share £1 °h Holding 2023124 2022123 Aggregated capital and reserves (2419) (1,575) Profrt l (Loss) for the period (844) (198) There were no investment assets outside the UK. All of the charity's investment income arises from UK bank account interest. The charity has a subsidiary undertaking named Sams Pla (Samaritans of Portsmouth & East Hampshire) Limited that is not consolidated in these financial statements. This is in accordance with the Charities SORP (FRS 102), which allows for non-consolidation if the subsidiary is not material to the overall financial position and perfornian of the Charity, and if consolidation would not provide additional useful information to the users of the financial statements 10 Loan to Subsidiary Undertaking In the financial year 2020121 the Charity granted a long temi loan of £25,000 to its subsidiary Sams Place (Samaritans of Portsmouth & East Hampshire) Limited, This loan is unsecured with no fixed terms of repayment and bears interest at 2.50k per annum. 11 Debtors, prepayments and accrued income 31 Mar 2024 31 Mar 2023 Trade debtor - HMRC Uncapitalised interest - United Trust Bank and Scottish Widows Bank Prepayment - Insuran and Rental Charges Totsl 11,845 12,577 703 2.048 14,596 287 2,015 14.879 12 Creditors, accruals and deferred income 31 Mar 2024 31 Mar 2023 Accruals - Affiliation Fees Accruals- Independent Examiner Fees Accruals - Maintenance Accruals - Travel Accruals - Utilities Accruals- Other Deferred Income - Rerrtal Income 5,300 972 120 344 1,805 79 355 9,000 930 264 708 215 667 11.784 Total 8.975 16
13 Reconciliation of Funds of the Charity Balance Brought Forward Balance Carried Forward Income Expenditure Transfers Current Year General Designated Restricted Revaluation reseNe Total 232.067 65,143 23,397 95,510 416,117 84.471 885 756 (76,276) 582 (582) 240, 844 65,446 22,264 95,510 424,064 {1,889) 86,112 (78.165) Prior Year General Designated Restricted Revaluation reserve Total 241.365 41,097 25,222 95,510 403,194 91,935 371 (77,558) (23,675) 23,675 232,067 65,143 23.397 95,510 416,117 (1,825) 92,306 (79,383) 14 Analysis of Net Assets Between Funds Unrestricted Restricted Total Funds Current Year Fixed Assets Current Assets Current Liabilities 260,225 150,550 (8.975) 21,654 610 281.879 151,160 (8,975} Total 401,800 22.264 424,064 Prior Year Fixed Assets Current Assets Current Liabilities 261,126 143,378 (11,784) 22,068 1.329 283,194 144,707 (11.784) Total 392,720 23.397 416,117 15 Additional disclosures 15.1 Trustees related disclosures The Trustees of the Charity are covered by Indemnity Insurance which has been arranged and paid for by the Charity. 17