Flrvale Children's Centre (Registsred Charity Number 1175518) FINANCIAL STATEMEwrs for the year ended 31 March 2024 Contents Page Legal and administrative information Trustees, report Examiner's report Balance sheet Statement of financial activities Notes to the accounts Firvale Chlldren's Centre Legal and admlnistratlve inforniatlon Trustees Diane Haimeed Anesar Shaibi Suria Saleh Arune Janusauskaite Lena Mohamed Chair Treasurer Secretary Registsred Charity Number 1175518 Prlncipal Address Firvale Centre 2nd Floor Earl Marshall Road Sheffield S4 8LA Independent Examiner Craig Williamson Vvhite Rose Accounting for Charities The Ghyll Threapland Aspatria CA7 2EL Flrvale Children's Centre TNst•es' roport The Trustees present their annual report and financial statements for the year ended 31 MaTch 2024 which are also prepared to meet the requirements for a trustees, r8POrt and accounts for the Charities Act purposes. The financial ststements comply with the Charities Act 2011, the Constitution and Accountin9 and Reportin9 by Charities. Slalemenl of Re¢ommended Practice ap￿ICable lo oharilies preparing their accounts in accordance with the Financial Reporting Standards for Smaller Entities. Structure, governance and management The charity was estsblished by a conslilulion adopted on 27 May 20D4, as amended on 23 October 2004 and was entered on the Register of Charities effective from 30 November 2004. Firvale Children's Centre is managed by a voluntary management committee. The trustees who served during the year are listed on page 2 on the report. The Charity is organised so Ihat Iruslees meet regularly lo manage its affairs. There are full-time and part-time employee5 who manage the day lo day adminislralion of the charity, Reserves Pollcy The trustee5 are aiming to set aside three months running costs. Objectlves and actlvfties The principal activities of the charity are for the education, the advancement of education by undertaking.. To advance the education and training in particular bul not exclusively. for those women granted refugee status and their dependant in need thereof so as to advance themin life and assess them lo adapt within a new community. To preserve and protect their physical and mental health, and.. The provision for facilities for recreation or other leisure lim8 occupation with the object of improving Iheir conditions of life by reason of their youth, age, infirmity or disablement, financial hardship or social and economic cir¢um$lances. Flrvale Children's Centre Truslees. report Trustges responslbllttles for the finan¢lal statements Charity law requires the trustees to prepare financial statements foi each financial period which show the state of affairs of the charity and of nel income or expenditure of the charity for that period. In preparing those financial statements, the Trustees are required to., Q select suitable accounting policEs and apply them consistently,. make Judgements and estimates Ihal are reasonable and prudent. El prepare the financial statements on the going concern basis unths it is inappropriate to presume that the charity will continue in operation. stale whether applicable accounting standards of recommended practice have been followed subject lo any departures disclosed and explained In the financial ststements. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any lime the financial position of the charity and enable the Trustee$ to prepare fi'nancial slatemenls. The Trustees are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities. This report was approved by the Twstees on their behalf by.. and is signed on Diane Haimeed Chair of trustees Firvale Children's Centre Indopendont examlneVs report to the trustees of FlThale Children's Centre I report on the accounts of the Charity for the year ended 31 March 2024. which are set out on pages 6 to 8. Respecllve responslbllitles of trustees and examlner The charity's trustees are responsible for the preparation of the accounts. The charitys trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: tJ examine the accounts under section 145 of the 2011 Act,. Q to follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5}Ib} of the 2011 Act,. and El lo slate whether particular matters have come lo my attention. Basls of independenl examiner's report My examination was carried out in accordance with the general Directions given by the Chaiity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual item5 or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would bè required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention.. 111 which gives me reasonable cause to believe Ihat in any malerial respect the requirements.. El to keep aG¢ounting records in accordance with section 130 of the 2011 Act,, and a to prepare accounts which accord with the accounting records and Comply with the accounling requirements of the 2011 Act have not been met., or (2) to which, In my opinion, attention should be drawn in ord8r lo enable a proper understanding of t ccounts to be reached. Signed. Craig Williamson White Rose Accounting for Charities The Ghyll Threapland Aspalria CA7 2EL Date.. Firvale Children's Centre Balance Sheet as at 31 March 2024 2024 2023 Notes Current Assets Debtors Balance at Bank and cash in hand Total Current Assets 16,267 136,217 162,484 17.718 102,790 120,508 Creditors.. amounts falling due within one year (775) (775) Creditors.. amounts falling due after one year 12,749) Net current assetsl(liabilities Total assets less current liabilities 151,709 116,984 151,709 116,984 Net Assets 151,709 116,984 Rep￿sented By Funds Unreslricted 151,709 151,709 116,984 116,984 This report was approved by the Trustees on their behalf by.. d is signed on Diane Haimeed Chair of trustees Firvale Chlldren's Centre statement of Financlal Aetivitios for the year ended 31 March 2024 Total 2024 Total 2023 Income Grants Revenue Sheffield College Parents fees Other income Total income 173,948 21,900 16,622 2,092 214,562 145,820 18,323 20,469 195 184,807 Expenditure Salaries and National Insurance Rent and utilities Office costs Insurance Equipment and repairs Activities Nursery consumables Training Accountancy and payroll Donations Loan interest Other expenditure Total expenditure 149,341 12,883 1,263 1,648 5,144 21 2,286 43 1,086 138,751 15,738 1,190 1,617 3,116 2,047 336 1,279 118 3,048 2,618 169,855 2,168 3,954 179,837 Net Incomel(expenditure) for the year 34,725 14,952 Total funds brought forward 116,984 102,032 Total funds carried forward 151,709 116,984 FiThalg Children's Centre Notes to the accounts for the year •nded 31 March 2024 1 Accountlng Policies (a) Bas1$ of preparatlon The Financial Statements have been prepared in acGordance bmth the Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102), and the Accountsng and Reporting by Charities.. Slalemenl of Re¢ommended Practice applicable to charili&s preparing their accounts in accordan￿ with FRS102 {effe¢live from January 2015 and updated with effect from January 2016) - {Ihe Charities SORP {FRS102}), as modified for smaller charities. The Charity meets Ihe definition of a public benefit enllty as defined under FRS102. 2 Debtors Expenditure is included on an accruals basis. 2024 2023 Loan HMRC Credit Other trade debtors 10,000 10.000 6,267 16,267 7,718 17,718 3 Creditors: amounts falling due within one year These are amounts owed by the group bul not paid during the accounting period. They are in respect of: 2024 2023 Accountancy 775 775 775 776 Credltors: amounts falllng due after one year South Yorkshire Key Fund Capital Loan 2,749 4 Grants 2024 2023 Revenue Grants Sheffield Cty Council - FEF Sheffield Cty Council - CIL Sheffield City Council Sheffield City Council- EHCP Sheffield City Council South Yorkshire Community Foundation 165,196 111,874 25,526 4,500 921 975 2,023 145,820 4,635 4,117 173,948 S Stsff Costs 2024 2022 Salaries Employers N.1. 149.224 138,473 117 278 149,341 138,751 No trustees received any t)utwof-po¢kets expenses or were reimbursment during the accounting period.