Charity no.. 1175170 The Flowhesion Foundation Trustees. Report and Financial Statements For the year ended 31 March 2024
The Flowhesion Foundation Trustees, Report and Finanii31 Statements ror itr.o YL).IT endpd 31 Marih ?OZJ CONTENTS Page Rderence and admlnlstrativt de¢15 Trumees, ryort I1¢Pendent emmifier's repryt Stternent ol flnandal atthrftl Balano sh•¢t A¢countln4 polbtles 9.10 Notesto tht fln•nd41 stoternerfs 11-12
The Flowhesion Foundation Pa8e I Trustees, Report and Financial Statement5 Fnr thp VPiT Ptirted 31 NI..ITrh ?O?.q Reference and administraVe detai15 The Flowhesion Foundation wa5 re8lStered on 16 (ttober 2017 asa charity (Charity registration Thumber.. 11751701. Tradln8 name The Flowhesion Foundation R¢8istefed office The Church of All 15 Astley Street Bolton Lèncashlre BLI 8EY Trustees The frustees ofthe charity who ser%d durin8the per and were.. Imarn Salirn Joii Maryam Blbi - appointed 1111212023 Oonna HJ55aln Abbaker Cassim Dr Sh•hid Imran Ch•lr Imarn Sallm Jo Lk)yd5 Bank. 9-13 Hotel Street Bolton BLI 4AP ountar+ts HMA Accouiitants Lrd Chorley New Road Bolton BLI 4AP Wetrtrsiie Flowh
The Flowhesion Foundation Page 2 Trustets. Report and Finaftcial Stalernents For Ihe year ended 3k Maich 2024 Report•It trLUteesfoi the perknd•rthd 31 M•rth ZOZ4 The Trustee5 have pleasure In prt5enting rhwr for perityj etKled 31 March 2024. Th15 report Is prepared In accordance with the Statetnent ol Rea>rnmended Praaitt- kcountingandfeportin8bythe(harrtie5and complleswith law. Staiux •nd •dmlnlstratKn The chariiy started Its opeiètions In 2017and1s consiituied 2017c0Th5titutn and rw5tered w The Charlty Commissioner5 under charity Trumber 1175170. Trustee5 are appolnted by the Board of Tru51Ee5. Ihe Board ol TruS¢ttS ¢omwse5 mernbÈrs Imm ¥ ¥arty of back8founds. The proctclure to appoint or withdraw a trustee Is In bccordahce wilh the (onstifution. Ihtre are InlormJl procedwe5 place for the induction The 8oard ol Trustees are responsib lor the ol the nss Fed by the tharity. Risk5 Ire k4entlfled, assessed ano Cohtrols eStal$he0 throughout the¥ear. ck8ro¥r t Fe$lOn we simply want all crffimunities io Iwe beiier. leel l)Etter and achie¥t nre. Our Vision Is one of vlbr3hi. balanced communitie5 where everyone feels Ihty belohg. We see areas ihai v•lL each othels Cullu$ and CDntributlon$, IcKalilies that have hi4h asplraiionsforthem5efves. others and are$ whePEolE strNe to buiK1 SIrtyS0[11 ILsundatlons. Our 5pectium ol bilin8val. ¢turallY appropriate 5er¥ices cover he•lth. wdlbeln& sthjsiartce misuse. MmmunY empowermertt. reslllence, education. ernployabillty. le•trship•hd ctimin8liustKe. Our kwammes refkn our 5tfatQ8ic pfiorilie5 which are.. •1mpotiln8minory£Qrnrnun1lleS .Promotingsoclal responSlbilrtv .rockllni health Ineoualitye5 •lnablin8 SY51ern thinkin8. Wortino holiStkollN Our inrerventlon5 are fvolistlc In nature we under5rand fhar indi031% are part of Wider social units. For meaningful chan8e to OCCUf with the Individuals we en8aie wlth. we must Sllive 10 work ilh Iheif wider soc1 unir when we cèn. Ouf ranie ol lTrleroperable ser¥lces allDw us to do this wmlessly we allLw for our beneliCiars to wvsoNlise ihe Support we ¢Jelwer io ihem so Il can meet their Individual needs. We are proLY4 ol our ConnedOn5 and reach Illto CERI Icommunities eAperien¢in8 I181 Inequalitlesl crffiimvnitlE5. We will coniinue io collaboratewith 5tatutoryand Ihiid.st<tor partner5, ItbWa8in8OUtrfworksln4lsadv4nta8ed are15 to bring nIn811 social oJtcomes. In IhI5 year ol linancial fepoff we tohrinue ro nle a positNe impart across ttrwns dltes where we operate. Narne. 8olton. Sallord. h Manihe5ter. Oldham. TamesKlt and East Lancashire In lotal during ihe pOrtin8 period rhe Foundation has dellvertrd 81 Pfoieth5 and pro8r•mmes a¢r055 ihtse areas and n8a8ed t4Wth Lw 2.733 peopbE from CEItI communities. 8elLWI •re hi8hliihtS DI kev prograrnmes we hèvt dtli¥ered aligved to the knulilieswe havedelib*red Ill.
The Flowhesion Foundation Page 3 Trustees, Re1 and Financial Staternents For the year ended 31 Mar£h 2024 Bohon In Bolton we continued with our wann space oflprat our ljl-5o5 51te in Hallrll. This W>vidp$ 250hcal wople per month a place to have hot drlnk. acce55 Iretrwrfi and lIng01 heatth and Welfa Support frorn Our tÈ3rn. Statutory and third sector or8anisations also holcl drop- In sessions to 5UPPDrt dwis. ¢JvY eady year5 ofler ha5 matured during this repDrtlll8 period. Two of our Staff havÈ tDmpleted The Solihull approach to parentin8 trainin8 pro6rammE. Theyha¥e vsed these skills to deliver parentln8 5e55ions ill parrner5hip slth The eolton Togelhtrr cons¢rtium to 40 parents that l¢(us devel¢ping nurturin& SUPPOrte relatnshIpS beiween chikgren and carers. Our parent and toddler Stay and play sessK)ns have continued to be popular and we ha¥e enÉa8eil over 166 paientsand toddle¢s durin8 the reporting pericé. Manv Of ihe parent5 00 these 5e550ns have acce55ed our speaalist biliniual Umeed counsellin8 servKe. a5 well as health hub We feel this 15 a 8ODd examolE of holiStICworking as benelicianes who Initially attended toenhafvce Iheirihikl's de¥eloprnent. were able to access several of OVI 5erwces to better their own mental. ph{al heallh. The Halliwell Health Hub thèt OPErates liom our MI-S0$ site en8a8ed th 18#eklerly south4sban men ahd women providing them with a range ol physical a¢twities Such •5 wga. £hai¢-b65ed eleicise and walks. They also look rI In a ran8e DI Iw¢erary. numeracy and IT sessions In a relaxed chat •nd chai settin8. Our bllin8ual youth worker5 enaa8ed wrth 76 CERI people b8ed 11-1? from the Halliwell area ol 8olton as pèrt of 'Our Yourh Our Future.. This pfo8tamme delibrs structured •ctr¥itie5. mentorin& reflection, W0$hoP5. ¥olunleerin8 and outin85 lor ¥ouns peorAe. 1¢ airns to Irease ed3nl attainn)L d15upline. llbeiDg and sièbllty durlni yrlo05 of trans40 In their The Foundation 15 a Iistenln8 ¢y8anisatioTh. feedback ol tyJr benefKi•rles matters w us. Youn8 people In Bolton told us through Dur regular Guardlan Group meetin8$ that they wanttd the hours put In io attendin8 activities on Our pro8¢ammes to couni towaFd5 a qual11C0t1Qn. We listened 10 them and durin8 th15 reporting period rtrced In¥estmÈnt Irom The Duke ol Edinbuf8h's acce5S wilhoul limi15 fund to complete the requlreo 51ep5 to r¢eisiEr as a provKler lor The f ol Edinbur8h Award. Youni people are delighied that Ihey can n¢w Count thÈir a¢rNity hovis r¢wards the Duke ol Edinbur8h Bron Awird. We ieco8nise ihe WSiti¥e Impè(t ihis will have on our youni people and Will be rollinq Out Ihis opportunity io ¥Oun8 peop across Gie•ier ManchtsieT The Foundation ha5 a stron8 track record 8agin8 Wlth youni ptopPt on alcohol and 5ubst•nce rn15U5e awaehess. We wefe atye to further develop obr offer Ihls year. We recelved Investmènt fffom The Achieve Ass Recovery Fuhd allowin8 us ro e5taNish • <ullurally appropriate 5ubstaThce misuse drop.rn mentorin8 servict In 8olton. The SeCe emplfv niorS. a prolesyort•l bi.11n84 111 heallh socrdl worker and 8ACP registereé COunsÈllor5. In total we engl wilh 138 seM¢e users. we oro¥ided 638 )UrS off mÈntOlin& 62 benellcl•ries also completed our mlnd, bod¥, soul pro8ramme. LEarnin8lityM ihI5wrnMhJs1lwtd vs toTr)Jel •soNer thai will be delJ¥efed In another Gfeaier Manchester town In 2025 S•lloid Throu8h a Seherous In¥estment Irom The Salford Imkmtt Fund. The Foundaiion estèb115hed The E(£5 8arner Health Hub for CERI women. CAier a 12-month penod It ran 98Tots sesgons and 62 and lrtne55 e551ons. In totèl we en8a8ed 89 chll¢ren and 117CERI women. A lurther 12.month Invesirnpnt from The salf0 CVS wellben8 Matters pr¢8famme al¢d us to expand our s181 prescrlbinB ofler In Eciles. This Investment has lor 3tmortthsdurin8 rhe reportin8 perd. It has so lar delFed an additional 41 sotial se551ons, en8a8ln8 an additional 34 setyict U5er5. North M•nche5t•r The Impait of The COL IC05t of IS1{51 15 Stil beine leth ty4CtyTrmuhi15. This has drfficult for CERI (communities experlencln6 racial Ineqvaliiiesl as Thy rnay ha¥ k)w- level Iitera(v and IT skills Thi5 impede5 Ihern 8aining ihe corlert welfare and COL financial Inlorfflation support. In response to this The FOLjnd•in worked ¢105ely With Manchester tity council and other partners In North Manchester to distribute linènrial a551Stante to Lwer sovth-asian Pakistani familS resxleTrt In deprived wards IDduding Cheetham and Crumpsall. These are wald5 whereThe FOatn holdsa stltyl8deliveryfootpnnt. We continued our 5iStets our space sesyon5 In Cheham trlill eTr8•Wry Wlth Obr 112 Pak15tani, Ind4n. Ben8all and Arab women over the course ol the rewrtin8 pEr. The sessw)n5 pfo¥th a forum lor to crafts. $0147115e. Improve thelr IT. lite¢aty and The servicew3sopiirni%ed •tihe request ol benef11fte5. Sothtycould rttefve thlingual suprx)rt for benefits. adv(V and other COL Issues. Our COL Worktr completed 516 hours ol work *ith beneli(iaries." 104 welfare and thelit applicat15 were tompleted. 38 3d¥ocacy m¢etin85 attend. 22 rEferrals wetemade lo¢ri1eed COWb5ellinasernte and 18apwalswerewoTr.
The Flowhesion Foundation Page 4 Twsiee5 Report and Fihantial statements For the year ended 31 March 2024 dharn Our wellbeing hub in Oldham ha5 en8a8ed with 44 Soh.aan tAYJmÈr delirine bi-lin8ual couns¢llin8. chat, chal and yo83 session5. Our HAF offer ha5 continued to fburish andwe eDga£ed with overWyounÉ people dunn8thereportin8 perd. T•nside The Fourtdation 15 keen ro expand progvarnmes thai have tlEmDnstrated stron8 tyJtcome5. Dursni tht reporting period we have established a Fealth Hub in AshtO47- under- Lynt. Th15 is based on ow arnIn8 and successful delivery OF Plealth hubs In North Manchester. Bolton. lIard and Oldham. The Iwrent hub IS caierin8 lor 30 Mot$ and toddlers. delifing 101$ 5e5510n5. yoea. toun5ellini and chai. chai The Intention Is ¢0 broaden our oller in the((laMDAlh5baSeOon berlory%Uttat1flns. EM¢ L•rrt•Jhlre In East Lancashlre we ha contlDued to deliver OV work. C+JwwIIkn8 a1 5UPm to bNh pa5htoon and wot))en throu8h our lon8- standing relatlonshlp with The Olfite of the Pdice CrimeComm155wer. Durin8 the nIn& perithl we 1150 delivered a 5ucces$ful nvmer•¢y skills programme to 98pashtoon and women In Bwnleythrty4h The GMCA-S Mulriply proerarnme. CrfmlNlJwtk•wrk •¢r•55 Graeter Martht The Fouodation has bÈÈfi working In ihe offender feinit8raih)n space several ar$. We have an est•b115hed offer that eTry8es wlth CfRI rtsidtnls of 6 Greater Manchester Apprryrfed PrernSse5. These aTe prem15es apvoyed VJer SeCtOn 13 of the Offendef Managernent Act 2? providln8 Int¢tlSive 5uperw510n lor those who pre5Mt hwh or Very high risk5 of serious harm. The Hofizon's Progrimme offer5 counsellln& budayin& welfare/advocacy Off891 Olhet Interwemions. LWn8 the repytlfi8 period cu Chaplilns delivered 766 hours ol inttrverttlQll5 wlth 188fesidertts ol Appro¥ed Prem+5e5. 1ookln8toth• lytyr• Imp•rt We undErstand the lrnportance of dernonstratin8 the Impxt of the work we do For this reaw. dvrini the reportln8 period we have welcomed new staff who are hi8hly eMI¢ted In Impact and •n•ty5is. The¥are workin8 closety th our Seniof Leadership Tearn and siall on the eround to ensure thar Oui measufemehr too15 are lit lor wrpose and can dÈmonsir3ie multiple Wsilive ouliDme5. The Foundaiion 15 working to showcase Ort rt3 website the Impaci numEfous ke¥ pro8r•mmes ha% had Over the $1 FJA years. Th15 will 8ive lurthef conl4lence to funder5. CommissnersnO hfvalle5. sleM We aspire to be èn or8an15alion that works well wiihin ihE ¥4idw he•lth. U[all0n. ¥Ière ano wtial systerns within whi¢h we opefale. Where there IS oveflap betwetty our olfer and fflhw pro¥i(Ius. we want to wrnplimeni noi <ornpete. To reèlise this aspifalion, we welcomed to the Fbwhesi¢n family a new system workin8 5er¥ice lead. He isworini with our Senior ieadefship Team and rOnd teams to ensure ov¢ sef¥i¢es are best positio Ih delivery and relerral È¢05lefflSto ensure maKimurn irnpact. He Is lookin8 at Ivrrent and potentlal relatlonshlpswith other provider¥ athiyfi8 how we canwuk tQ8eiher 1mUlUaI beThÈfrt Ind stmryer(xrttomes. Su5tainath1i¥V model The fundin8 |and5ope hè5 become more ¢haffen{In8 as the imwt rhe Cost ol LIne and COW19 coniinLJe to èe felt acr055 ¢omrnunitie5. This has In¢r¢a5ed Iinaficial pressvrt oh lunders and commisser5 UP5tream and On InYestmeDt seekin8 or8anisations downstrtam. In this 3n• The Fovndaticn undertt•nds more ihan the irnwrtance of sell-8enerated Income to 5UPPOrt the 5UStainability ol our workstreams. For this feason. In l)25 wè will be re¥*win8 fiThanoal Investment opportunies 10 increase our sell- 8enerated Income streams.
The Flawhe5ion Foundation Pw5 Trtssie5' Report and Financial Statemis Fof yp8r eftded 11 M.Irch 202-4 tr•inand The Foundatlon iemains a kE¥ Stra¢e8K Partnef ro$S Greater ma5te( and East LancashI. Drin8 this ¢eportin8 period we attendEd 18 local and re8ional meetlnBS wrth wuncil. third sector and forums. We have uSedtheseforum% to thocatt IorOurseThice users. The Foufid•tion'5 trainers have delhred 22 woishDps foi I(al at•thor115' Ird sernor partner5 aimed ai bEtter ErStanding the barriEr5 assDcièted wilh en&aBin8CERI Communit5. WE Would like to thènk Our dèditated. $iere paSsnate learn of stall. ¥olunteers tr all their hard work. Our 8rd of trustees and FounderlCEO.- Imam Abdul MafÈtiSidd have am considerable re50fve inthefxe of testin8 tirnes foroufcomrnunities this year. Finally. we would like to W)herted1¥ show appreciation 10 Our lundeis liom thÈ publ and third seaor. without Vour inve5tmeni and the nlidenct ffi ourwork. we swnpty cou1 nDt h•rt had the ifflwtwe did dunrythts teponiniperthl. St•temeM oft11. MWMlbH The Tiustèes èTE fEspon5iWe lor prepariTrE the Tru5tees' Amual Report and litiancial Statem1$ In 4¢¢ord•t w¢h applICab l•w Vniled Kln8dom Aicouniin8 5tandard5lUnited Kin8dom Gènwalty Attepied ActtIn1praKél. The law applicab io chaflties In En8lanO and Wa t4uires ihè Trustees to prepare Ian1 stJiemenls for eKh Iihan¢ial year whlch 8ive tiv and lair View ol the slate ol allails. thÈ Ih(¢)mihi re5ovicEs applKaiK>n ol resources. Includini the Income ¥nd expenditure, of th• ¢harii¥fof that In vtp•tlW these IinwKI iheTru5tee5 aieiequired to.. selert suitab arcouminipo1r thapPty thÈMc¢h)S1enl,. observe lheMh0o5 and princ1psInth(har• SORP.. makeiudiernentsand estimoltsthai ao vtasohab•nd pnent.. stale whethei applicable UK Auovt)tihi Stad•rd5 beeTr Idknwed. %Joct to matwlal depJrturRs dhclosed and eiplained Inthtlifi•nri•l $im¢s., prepa Ihè Ilhancl st•iement5 on ¢he $<0eM unss rt 1napPThipté io pfesyme Ihat the charity wlll i¢niinue In The Trustees art responslbte lor keepini •de4uJre accountlni record5 that dhcbse reasonable accuracy ai arw time the finèncial posltion ol the chaiitv and ert•blE them io ensuie that the financial %tatèm@nis ¢omptrrf with the Ch•This A¢1 2011 ¥nd the tharity (Accounis and Reports) He8Ularn$ 2fJ)& TW are a150 responsib Iw sale8U• the ol ¢h•ffly hen¢e lor i•klhi (e•sonab 5tep5 for the preveniion ano detec1kn of fiaud andothti te8tylatit. The Ilnancialstatementscomptywrth ¢uTrtnt stsiviory requiremeiits•nttthe Charit*s SORP. The Tru51ee5 report wasapprcvtd and was 4ned theTrv51ee5 by. Imarn &limJo Aboobakei CJ¥m Makk Treasur D•ie D• 251.1£ r
The Flowhesion Foundation Page 6 Iiidepeiiitriil &xaiiiiii¢i i rtryvri ilit lffusieesof The F$10Th foundation For the yeai endeil 31 Marth 2024 I report on the finaDcistatements of iheihanty IDrthÈpentyl ended 31 M•rch 2024•5 Set Dut on pJGes6 to7. flespect sPOnSI•iK&1tntheSathl ¢haTlty'Strusiees are re5Fwible lor t prepaTrIn olflnancal stsiemeThts. Thè truStÈÈstonyderihai an not requirEd forthi5 year undersection 14421 ol the Chairties kt 2011 Ithè'2011 Act'l that Independent eXarrThJtn Is needed. HJvlnÉ satisfled mystw that thÈchaiilys not to a•t vndersertKIA 145Dlthe 2011 Act iffjd 154111b lor Independeni èaminatbn, it Is my iesponsibilityto-. txamine Iinarfialsiatempn15 undersec1 145 olfhp 2011 Act". lo fvllow the pro(edure5 dLWin in the Geneial Direct the Ch•titv ComMtsWh undEf 5ettion 149511bl of the 2011 A(t.' and to 5tatewhere partiCu&r Mattersh comp tomy attnfKM. 8•11sol IndeFendEnteuntherfsfePQrt My examinatiol) was tèiried Dvt In a¢¢dfdan¢ ¥Mlh lh r)ener•l (knIn5 iwen the Chartty CoMmS1on. An examlt)atiOn Includes lèview ol thE 3ciountlnB record5 kew by the charity and a cornparwD ol the Iinancvd1 staimÈnts prÈspllled Wilh those reÈtsrd%. It also In¢lude5 consk4eraiion of any unusual Iterns or disclosures in the fiThan(Yal statèments ekinB explJnoiion5 Irorn wu a5 Irusiee5 concernini any such rnatters. The proctdules undtrt3ktr thl provide •ll the e¥enCe ihat Would be Fequlred In aD audii. and consequently no Oplnion Is w¥en as io wh¢thei tht Iin¢i•l si•ttMtnrs pvlwi •'true ind fair Vie and the rftport Is Ilmtted to those matters set Out in statmÈnt In ¢¢nne¢ti¢n with myexamlnai. nD rn•tterhJ5tryneio nyaiien1Tr'. which iiYe5 Me ieasoThabkcause to btliw that In •wthateri4sptUIhé reqlmell1$'. to keep KCOUMlw rttords TDa(cOrdae ¥Jlth %rton I01thch&S.' •n to prepare finarKial 5tattrnents ich acc¢yd ¥Jlth Ihe •ttoyntih8 ie¢ord5 and to compty the •t¢ountin8 requliementsof ihe siatementof Pr¥de..A<Thfiry ind Reportini b¥ Charit$ to whkh. In rnyonkn. attont)n should b dr•th tydet 10 tft•ble¥ WoperunderstandlQ1 tho Inancial siatemenis to be rothed. LIOf my rnport Thls report Is made 50kly to the charrt¥s truStS. as a body. If ¥cotdah¢e wth Setiion 145 d the Act 2011. My work has been undertaken 50 that I mi8ht stat to tht thafffy's tru5t¢e5 IPOse mJNer% l am required to ste to them Ifs this iewrt and lor no other pufp05e. To the lullost èxtèTrt yrmitted by law. I do w •(ctrpt OV J55ume respons1 to anyone otr thèn thÈ charity and the tharity's trustees a5 a bodytfvT rnyworifor repwr.or lor the OpinnS I forrned. HMA Accountants Ltd Chod*y New R¢•d 8LI 4AP O•te' 2114117 < ALII U¢
P¥È7 liTrcludin8lYbcomeaThl E¥pendItlecIOu1rt) they¢arended 11 March 2024 1014 2023 T*)t•l Vniestlided Re5tritted fwds fvnd iotJl r4 11&7Ag 455,0 403.526 463.631 3JB245 455mZ 403.526 463.6al EXPEIthTUA¢ 217M6? 287.{7
Jkyort Cgsts iqjij 17.C62 14,07 T+x•lewrthJi* 155339 17.iw 301.116 318.2( djjml 157.721 102.3 14S.423 2W7 412W 6W751 173.671 319.664 503,335 116.714 432.044 648,758 AlllncweJnd
The FISJWheQn Foundlon P4148 5hpEI 1023 rds T•nwWiwU SW) iso é4&559 .116 432.JS TrrtilCurT•ThtAJw ¥Ji254 111774 412 611171 JIL4J• 475 4J2,Odl .7Y FUNto 4751 4JIA41 413.D14 JIL• 316.714 IiL43• 4)2.Q44 611.751 IlIMjI
The Flowhesion Foundation Page9 Note5 to the Financial StatemenTs Fov the Veal 31 March 2024 The Flowheslon is a lIstered charity In the Unired Kin8dom. The addre55 of the reg151ered office Is 8fven In ihe chaiity Inlomiation on pa8e J of ihese financial statements. The finandal statements have prepavEd In Kcordonce ¥vilh ActOuntin8 •nd RepDrtif78 by Chantie5'. Statement of lieromrnended Practice èoplltable to charities preparin8 accounts In actordance Wlih the FIDancial Reportin8 Stèndard applitable IA the UK and riÈpubliC ol IrelaryJ IFRS 1021 i$$d on 16Jvly 2014.theChafitiesAct 2011, •nd VK f¢1[eptedAcCQUnting PractKe. AKountiw pollcb•s The principal a¢cwniity# poliues adopted. jL448emenis Ind key sourte5 of e5tirnitio urtaInty In the preparation of the linanclal statementsare asfollows.. These flnanfial s13iemenr5 are yepared on a 8oin8£on¢ernbasi5¢yerlhe historlcal cost con¥en¢th. modlfd 10 Include cèrtaln i¢ems atfairvalue. Theflnancial si•iement$3re prepad In thtfunll)naI£wen(V0f the thinty. IbK•m• All Income Is reco8nised once charlty h&5 entItmeN w the funds. It iscertairt th•t the re50wces 11 be Fecel¥ed the monetary v4l¢Je cèn be measured with sufficient reliability. IKorne recelved in adyènttol 1 5pecilied 5er¥ice Istaeknred tIllhe thterf•for Income re¢011)n are mei. Interest OTr funds held Is In¢lLvJed when rtt•¥4Wt and the aAtrYJht bt measured fellityty which Is normally on noriiiution ol the amount by thetyank. E4>•TlI1 Liiblliiies èrÈ reco8Tr15ed as s¢on as Ih¥e Is è leyl or C•hStructN oblv4atY wmmi¢tiTh8 the <ha¢ity to the expendlture. It Is probèble that settlement will be teouired and thE arnol1 ol Ihe obli8ètioTh (an be measured lIab. All e¥pendiluFe Is accounted for on an accr15 bas1S. Expendlture on ch•riièble xti¥irie5 comprlse the cosis irKvrred the th•niy the primary •lm Is ¢ht dÈii¥ery of actlvlties and serves wlthiTr iheobjectsof therhanty. Governance cost5 Inclyde those costs a55LIe With meetin8 the coThStitX)I •hd 5tthiu reureMentS of ihe charlty and InElude the ¢ostsiinked io the strate8Krn4na8eth*ntolthe£hèrfi¥. IrrecoverableVAT lschar6td as a cost ¥aln5t theartknty lof whichthe Eynditurewa51Dcurred. The Chariiyls an exempt charity within the meanih8 of Schedule 3 of the Chafities Ad 2011 anLI 15 {on5klered to Pa5S the te5t5 Sel oirt In Paf•yaph I Schedule 6 Finance Act 2010 the1¢¢ 1¢ mEet5 thedefinitionol a¢haNtyfor UK cowraiion i•x pu¢poses.
The Flowhesion Foundation Page 10 Notes to Ihe Financial Statements Forthe year ended 31 March 2024 Tan8[b flxed assets and depre¢la Tangible fixed assets are stated at COSI ss accumulateddeweciaiionand¢umuLited impaim)ent kn55es. Fixed asse15 are deprecrated so as 10 write off ihe cosi N valuation, aniPated re5tyJual ¥alue. Éwer their aThtittpated usefvl Ilves. 5ubiert to annual review, asfdbAs-. OffKe equIent 33.3% srrèi8hi Ie Depieciation mÉthod5, Useful lives residL471 values ale r1 if the 15 an indkaiion of a signlfKani cha¥)ge sinte the 5t annual repDrtin6 date. Ae5idual walue is based on prices prevailin8 ai the dale of or sub5equeni valuat)t). Where. tsecause ol hlBh estimated residual value, depreciatw is Immat1, nodeprecY•tb)n Ss chai8ed bui an annual re¥• f¢x impairment is performed. Bmh re51dual values and uselul lives are re¥iEwed 8nd adjusied. if apFrfowiaie. 01 exh fithual ¥eai end. The carrying am¢xth15 of the charllv's assets are ¥We impairment wheri e15 c chin8e5 in crcymsiances Indicate thai the carrylng amoun¢ of the asset May be reCo¥vab. If any 5wh indiraiMJD eMist%, Ihea55d's ietoveraNe amount 15 esiimaied. Fund accountloi Unresiricied fund5 ¢9mwi%e ihosefu•)ds whKh thpiwstees are lrteto use i¢anCeW1lh the charltab obieets. RestTlaed funds are lun05 whKh hmbeeTrn partityr purKK)se. De51Bnaied funds comwlse thts fvnds whh the irustte5 periCal set for specifK proiert5 IrKludinB furure piojet15 and property iefufbi5hrnen¢s. ebtors DeblOiS alè rewlsed ai the settknn¢ amourf Prepaymn¢541e valLd at theamwni yepaht. Cr•dhws•nd wo¥15knns Creditor5 and PioWSiL¥15 are rero8nised where tharity has a wes•)t tlIa1)n re5ulllni from a posi event ihat wlll probably re5uII In a tran5fei of lund5 10 a Ihird party and ihe can te measuied or estimated reliably. Credrttrs athd prov15ions are normallv measured ai their settlement amouni. Fln•hrl•l In5ttymen The charily only has financial assets and fina+11 IleS ol a k#KI that ovalrfy as bbsk financhl w)Strumnts. 8Jsk flnancial 1115trumeThts are Inftlally recordEd ai Iransattp¥aIUÈatyd sub5eqyeThtty measured ar Iherf Settment value. rjolni ¢onterTr The financial siatements have been prepaied on a 81 tortem l)s as the Tthstees belie¥e that no materkil un£erialnis eAi5t. The Trustees have tShIered the ¥eJ ol funds and Ihe eAF¢cied ve1 of Income and expendiiuie lor 12 months from authorlsin8 these fina staiemenis. IbE L¥Jdseied incc4ne and t1ule 15 with ihe kntl ol reseThS lor ihe Charity io be able to conrintse asa 80ingioncern.
The Flowheslon Foundation P4nte5 tothe Finantk7151alemeNts 2023 Yo Tot4 Js Jnd5 PT(V(t Donithlns Tra1Fee5 4)3.526 403.526 .105 L16.119 .105 J1&789 45s,032 &).JDS 403.526 463.631 c11bIt 2Q4 2023 T( ds S•swn Woikors PioJFd costs 5Jlir .554 63.308 31.864 1.045 IIE 180.554 61 31.964 2.015 IV17 455 1 12ts45 217.OS7 207.fy57 Suppthcoxts 2024 1023 Llyeiitthd Ae5trl(ted funth T•MI fvftds 2.640 4.591 5LrtPy Eioen*5 Vrlunieei Prw ¢¢sii rtlsur[c 143 Jail 5.191 4896 434Q 6196 6.560 210 Tr1111 Expens IT5upwt 17M6Z 14.079 31.141 2023 Accoknntanryfee5
The Flowheslon Foundation Pale 12 Note5 to the FinaKtal Statofflents Foi the year ended 31 March IOZ4 ThrylWefied asst5 OJJice yoyrprntfjt TOTAL At JAprll 2023 Addition5 D15wals 13.920 13.970 Al 31 March2024 13.920 13,910 At l I111 1023 Chafp for theyear SPD5•15 8,340 4.640 Al 31 M4r<h 2024 11.980 11.980 Al JI Mor(h 2024 Al )1 MaTch 1023 5.580 2023 unrtsti1¢ Re5111cted lund5 IndS vr•stri•d 11•5trlLt•d Tgi Totil 3.$31 r Cre¢iiors Oihr taxes aJ ul¥toli 14,JX¢ 4731 4,7J8 21.K4 2.640 10 re5t•temMt Tbecharity have m•dÈa piior year rest•iement tOftrCate8orisethe b*rtet bettOn restrtttd •nd unrestricied funds in balancesheet which were previously missrated. The Impact of thi$ on the balance sheet is asfollm.. - OpÈnin8 bblance at l Apnl 2023. In<re35e in restricted lund501£50.S%and dÈciease in unstn¢ted lundsof ES0,596 with o¥erallnll movement In thetotal fundslpa8e81.