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2023-03-31-accounts

Trustees’ Annual Report for the period

Period start date from November 5th 2021 Period end date to November 5th 2022

Charity name: The Place

Charity registration number:1175671

Objectives and Activities

SORP reference
Summary of the purposes
of the charity as set out in
its governing document
Para 1.17 The objects of the CIO (The Place) are
to further such charitable purposes for
the benefit of families with young
children resident in the Faringdon area,
in particular but not exclusively by
advancing the education of such
families in relation to childcare,
parenting, health, the environment, ICT
and life skills by such means as The
Trustees may consider appropriate.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
The Place offers the following services
to families with babies and children
under 5:
Play At the Place (a universal group
providing play activities in line with
EYFS and support for parents);
New Parent, New Baby Groups;
Baby Massage and Breastfeeding
support groups.
During school holidays, outings and
outdoor events are offered for families
including older siblings.
We run courses for parents such as
Family Links Parenting and First Aid. A
Clothes Library is also available
providing baby clothes from 0-1yr and
maternity clothes. Clothes are also
sourced for older children on request.
The Place hosts the Health Visitor
clinic.
The Place offers practical support to
other groups in the town, such as a
parent run Toddler Group.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 All spending commitments and
activities are guided by our
commitment to the charity's core
purpose to provide benefit to a
particular section of the public, namely
families with young children in the local
area (Faringdon).

Additional information (optional) You may choose to include further statements where relevant about:


SORP reference
Policy on grant making Para 1.38 The Place is not a grant-offering
organisation.
Policy on social investment
including program related
investment
Para 1.38 The Place does not hold any
investments.
Contribution made by
volunteers
Para 1.38 The Place is supported by two sorts of
Volunteers; those involved with the
project and those who help with fund
raising.
Volunteering for the project is a formal
process involving DBS checks and
training. These volunteers help in
sessions under the direction of the
charity's staff.
Volunteering to support fundraising is
Informal. These volunteers participate
in meetings to support fundraising,
organise and support fund raising
events. A core group have organised
successful community events raising
£2000 towards our running costs
Other The activities of The Place are overseen
by a Steering Committee. This has a
formal constitution and draws its
members from local organisations who
support the charity’s work and service
users

Achievements and Performance

SORP reference 306 have accessed the charity’s services in the period from November

Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 2021 to 2022.
We have responded to the changing
needs of families post-covid by
introducing a new online booking
system for groups. In addition, our staff
support vulnerable users in accessing
groups to ensure that they remain
inclusive.
In response to our users’ needs we
applied for and secured a grant from
the District Council to fund staff hours
so that we could provide tailored
groups for Dads and for mothers
returning to work. This enabled us to
run a “Time for You” group, a Family
Links course for fathers and to plan for
a monthly dads’ group.
We have continued to develop our links
with other services and organisations,
with the Health Visitors holding clinics
on our premises, support for a parent
run Toddler Group, Rhyme Time in the
Library to encourage parents to use its
services and activities at the local cycle
park supported by the local cycling
club. Family Learning have also held
courses at The Place, such as
workshops on play.
Thanks to one of our users who has
since become a trustee, we received a
grant from Nationwide to equip a new
sensory room. As well as using the
space for baby groups, families can
now book time there. This is proving
particularly valuable for families whose
children may have additional needs.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41 We are pleased with the take up of our
Family Links courses and our new
initiative to reach out to Dads. We
received positive feedback from
Spurgeons on our success in this area:
“The Place has exceptional
‘retention’ rates to the end of
parenting courses compared to
the average…. We are delighted
that the Dad’s group has got of
to such a good start because this
is such an unmet need, country
wide. ..but the whole initiative,

from (a named trustee) securing the funding, to the listening to parents and the way it’s delivered, we hope will be something that other services will be able to learn from and share experience with.”

We continue to receive positive feedback from our service users: “Thank you so much for all the love, kindness, and support you’ve shown us this year. …. loves her outings to the Place and I’ve been so grateful for the warm and friendly welcome, the kind words of encouragement and the warm cup of team Im given each visit. You’ve helped me through some hard days and weeks and are just the most incredible team of ladies. …, me and all the families of Faringdon are so lucky to have you all in our lives and on our side!” J

Performance of fundraising
activities against objectives
set
Para 1.41 Our Volunteers raised £2000 this year.
Other donations from the public, local
businesses and organisations, plus
additional grants mean that the charity
is on track with its funding
requirements
Investment performance
against objectives
Para 1.41 The Place does not hold investments
Other

Financial Review

Review of the charity’s
financial position at the end
of the period
Para 1.21 The Charity held £55,243.72 at the end
of November.
This covers expenditure to the end of
March 2023 and £25,000 reserves.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 As a non-profit making charity The Place
steering board have reviewed the need for
reserves in line with guidance issued by the
Charity Commission.The charity will keep
money aside as a reserve to protect the charity
against drops in income or allow it to take
advantage of new opportunities. Reserves will
be held to ensure that The Place is able to
operate during periods of lower income and to
ensure money is reserved for unexpected
events, redundancies or any emergencies.
Trustees understand that uncertainties may be
faced in the future and the need to hold
reserves where future income alone is unlikely
to meet costs. We recognise that trustees
need to be able to justify the holding of income
as reserves as the Charity Law requires any
income received be spent within a reasonable
period of receipt.
Reserves will be held to meet expenses in
unpredicted occurrences. This includes but is
not limited to:

Ensure there are sufficient cash
reserves in the current account to
cover day to day running costs,
including staff training & staff meetings.

Replace equipment as it wears out and
carry out necessary maintenance.

Closure due to unexpected damage to
our rented premises,

Re-location of The Place from its
current premises.

Unexpected drop in income, resulting
in The Place being unable to meet its
financial obligations

Redundancy payments after closure of
business

Any other reasonable expense agreed
by more than half the Trustees.
Held in main Lloyds Bank account
Amount of reserves held Para 1.22 £25,000 – 6 months operating
expenses
Reasons for holding zero
reserves
Para 1.22 N/A
Details of fund materially in
deficit
Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a
going concern
Para 1.23 N/A

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 The Place continues to receive core
funding from Faringdon Town Council.
By building links with other
organisations in the town and raising
the charity’s profile we continue to meet
our funding objectives. Grants from
Faringdon United Charity, Faringdon
Churches Together and Faringdon
District Council have all been used to
support our core activities. In addition
we received a donation from the Tesco
Community Champion fund and our
volunteers raised £2000 - all going
towards our running costs.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 N/A
There are no immediate risks to the
A description of the
principal risks facing the
charity
Para 1.46 charity
Other The charity has a rolling three-year
financial plan in place and holds
reserves to mitigate risk

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing
document
(trust deed, royal charter)
Para 1.25 CIO
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 CIO - FOUNDATION Registered 09 Nov
2017
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 One trustee must be appointed by
Faringdon Town Council
Other trustees are recruited either from
local organisations who support our
aims or for specific expertise, such as
experience in Early Years. Prospective
trustees fill in an application form, are
interviewed where appropriate and their
appointment approved by the Board.

Additional information (optional) You may choose to include further statements where relevant about:


Policies and procedures
adopted for the induction
and training of trustees

Para 1.51

Trustees are directed to the training
material for trustees on the Charity
Commission website. All trustees
receive the charity's safeguarding
policy and other key policies. The
Safeguarding Trustee has safeguarding
training.
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 The charity delegates day to day
administration to Spurgeons.
The Charity works with Faringdon Town
Relationship with any
related parties
Para 1.51 Council to contract Spurgeons to
manage the day-to day running of the
project.
Other The charity regularly receives grants
from Faringdon United Charity and
Churches Together in Faringdon. Our
steering committee is constituted so
that both have representation there.

Reference and Administrative details

Charity name The Place
Other name the charity
uses
Registered charity number 1175671
Charity’s principal address The Pump House, 5 Market Place, Faringdon, SN7 7HL
Names of the charity trustees who manage the charity Names of the charity trustees who manage the charity Names of the charity trustees who manage the charity Names of the charity trustees who manage the charity
Trustee name Office (if any) Dates acted if
not for whole
year
Name of person
(or body) entitled
to appoint trustee
(if any)
1 MAYOR OF
FARINGDON
(KieraBentley)
Appointed 5/21
ongoing
Faringdon Town
Council
2 Joanna Cave Chair of
Steering
Group;
Safeguarding
Trustee
Appointed
6/11/2017
ongoing
3 Brenda Roach Appointed
8/03/2022
ongoing
4 Eleanor Tucker Appointed
8/03/2022
ongoing

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of
adviser
Name Address
Name of chief executive or names of senior staff members (Optional
information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

----- Start of picture text -----
The trustees declare that they have approved the trustees’ report
above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s)
Position (eg
Secretary, Chair, etc)
Date
----- End of picture text -----

ACCOUNT
DATE DESCRIPTION Debit CREDITS BALANCE Reconcilliation Petty c
ACCOUNT
DATE DESCRIPTION CHARGES CREDITS BALANCE
01/04/2022 Opening Balance £ 49,589.78
R
01/04/2022 Just Giving £ 43.74
£ 49,633.52

R
06/04/2022 Just Giving £ 35.62
£ 49,669.14

R
06/04/2022 First Aid
£ 208.00
£ 49,461.14
R
11/04/2022 Just Giving £ 92.17
£ 49,553.31

R
12/04/2022 White Horse Lottery £ 38.00
£ 49,591.31

R
12/04/2022 500039 donations £ 149.40
£ 49,740.71

R
12/04/2022 500040 Fundraiser £ 906.31
£ 50,647.02

R
12/04/2022 Family Liinks £ 173.30 £ 50,473.72
R
13/11/2022 Just Giving £ 16.62
£ 50,490.34

R
26/04/2022 Just Giving £ 10.69
£ 50,501.03

R
21/04/2022 First Aid £ 90.00 £ 50,411.03
R
04/05/2022 Just Giving £ 19.42
£ 50,430.45

R
09/05/2022 Amazon Smile £ 12.73
£ 50,443.18

R
09/05/2022 Just Giving £ 107.51
£ 50,550.69

R
10/05/2022 White Horse Lottery £ 49.50
£ 50,600.19

R
11/05/2022 Just Giving £ 26.12
£ 50,626.31

R
12/05/2022 Amazon Sensory £ 687.08 £ 49,939.23
R
24/05/2022 Just Giving £ 4.75
£ 49,943.98

R
31/05/2022 Just Giving £ 19.42
£ 49,963.40

R
14/06/2022 wh Lottery £ 70.00
£ 50,033.40

R
16/06/2022 Amazon refund £ 19.98
£ 50,053.38

R
02/06/2022 Just Giving £ 4.75
£ 50,058.13

R
20/06/2022 Room Hire Parenting £ 67.50 £ 49,990.63
R
27/06/2022 Breast Feeding Clinic £ 30.00 £ 49,960.63
R
27/06/2022 Insurance J Hallam £ 189.57 £ 49,771.06
R
05/07/2022 Just Giving £ 19.42
£ 49,790.48

R
07/07/2022 Amazon £ 65.97 £ 49,724.51
12/07/2022 wh Lottery £ 59.50
£ 49,784.01

R
14/07/2022 OCC Councillor priority Fund £ 4,259.05
£ 54,043.06
14/07/2022 Amazon £ 1,120.35 £ 52,922.71
20/07/2022 Just Giving £ 4.75
£ 52,927.46

R
21/07/2022 Sensory toy warehouse £ 174.42 £ 52,753.04
R
01/08/2022 Just Giving £ 19.42
£ 52,772.46
Faringdon United Charities salary
02/08/2022 grant £ 17,950.83
£ 70,723.29

R
Faringdon United Charities breast
03/08/2022 feeding £ 1,500.00
£ 72,223.29
09/08/2022 wh Lottery £ 67.00
£ 72,290.29

R
09/08/2022 Just Giving £ 19.74
£ 72,310.03

R
16/08/2022 Amazon refund £ 19.78
£ 72,329.81
16/08/2022 Just Giving £ 4.75
£ 72,334.56

R
22/08/2022 Breast feeding Clinic £ 130.00 £ 72,204.56
R
23/08/2022 Deposit £ 542.00
£ 72,746.56
23/08/2022 Your Midwives £ 60.00 £ 72,686.56
R
30/08/2022 Just Giving £ 24.12
£ 72,710.68

R
08/09/2022 Your Midwives £ 30.00 £ 72,680.68
R
13/09/2022 wh Lottery £ 82.00
£ 72,762.68

R
20/09/2022 Just Giving £ 4.75
£ 72,767.43

R
26/09/2022 Just Giving £ 68.07
£ 72,835.50

R
27/09/2022 Just Giving £ 4.75
£ 72,840.25

R
06/10/2022 Breast Feeding Clinic £ 225.00 £ 72,615.25
R
11/10/2022 wh Lottery £ 60.00
£ 72,675.25

R
13/10/2022 Café FTC £ 5.50
£ 72,680.75

R
18/10/2022 Insurance J Hallam £ 276.00 £ 72,404.75
R
19/10/2022 Just Giving £ 7.12
£ 72,411.87

R
19/10/2022 Churches tog £ 5,000.00
£ 77,411.87

R
19/10/2022 Amazon refund £ 67.99
£ 77,479.86

R
19/10/2022 Amazon £ 89.77 £ 77,390.09
R
25/10/2022 Deposit £ 1,060.48
£ 78,450.57

R
31/10/2022 Just Giving £ 61.58
£ 78,512.15

R
01/11/2022 FTC Spurgeon Costs £ 22,664.26 £ 55,847.89
R
08/11/2022 Just Giving £ 8.06
£ 55,855.95

R
09/11/2022 FTC Café £ 6.00
£ 55,861.95

R
09/11/2022 Petty Cash £ 250.00 £ 55,611.95
R
10/11/2022 Midwifw £ 30.00 £ 55,581.95
R
15/11/2022 Amazon refund £ 17.46
£ 55,599.41

R
15/11/2022 Midwifw £ 105.00 £ 55,494.41
R
15/11/2022 White Horse Lottery £ 75.00
£ 55,569.41

R
15/11/2022 Just Giving £ 55,569.41
R
24/11/2022 Amazon £ 359.47 £ 55,209.94
R
28/11/2022 Just Giving £ 29.03
£ 55,238.97

R
15/11/2022 Just Giving £ 4.75
£ 55,243.72

R
06/12/2022 Rotary £ 64.75
£ 55,308.47

R
14/12/2022 White Horse Lottery £ 60.50
£ 55,368.97

R
19/12/2022 Just Giving £ 58.05
£ 55,427.02

R
20/12/2023 Just Giving £ 7.12
£ 55,434.14

R
05/01/2023 White Horse Lottery £ 62.00
£ 55,496.14

R
05/01/2023 Deposit £ 65.00
£ 55,561.14

R
05/01/2023 Deposit £ 264.94
£ 55,826.08

R
10/01/2023 Just Giving £ 5.94
£ 55,832.02

R
16/01/2023 Just Giving £ 136.14
£ 55,968.16

R
17/01/2023 Just Giving £ 21.36
£ 55,989.52

R
24/01/2023 Just Giving £ 11.87
£ 56,001.39

R
31/01/2023 Amazon refund £ 20.54
£ 56,021.93

R
13/01/2023 Petty Cash £ 300.00 £ 55,721.93
R
16/01/2023 Amazon £ 102.83 £ 55,619.10
R
06/02/2023 Midwife £ 60.00 £ 55,559.10
R
06/02/2023 Sensory £ 1,176.81 £ 54,382.29
R
13/02/2023 Just Giving £ 126.93
£ 54,509.22

R
147/2/23 White Horse Lottery £ 82.00
£ 54,591.22

R
14/02/2023 Just Giving £ 23.75
£ 54,614.97

R
21/02/2023 Just Giving £ 7.12
£ 54,622.09

R
22/02/2023 Midwife £ 30.00 £ 54,592.09
R
07/03/2023 Makaton Book £ 47.45 £ 54,544.64
R
14.3.23 wh Lottery £ 68.00
£ 54,612.64

R
17/03/2023 Charity Grant £ 4,480.00
£ 59,092.64

R
20/03/2023 Charity Xmas Card £ 50.00
£ 59,142.64

R
20/03/2023 Just giving donations £ 143.57
£ 59,286.21

R
21/03/2023 Just giving donations £ 7.12
£ 59,293.33

R
22/03/2023 Deposit £ 217.73
£ 59,511.06

R
22/03/2023 Deposit fundraiser £ 1,311.64
£ 60,822.70

R
28/03/2023 Amazon £ 97.10 £ 60,725.60
R
28/03/2023 Just giving donations £ 32.76
£ 60,758.36

R
£ 60,758.36
£ 28,839.88
£ 40,008.46

THE PLACE ANNUAL ACCOUNTS 2022-23

HP

CHARITY REGISTERED WITH THE CHARITY COMMISSION FOR ENGLAND AND WALES REGISTRATION NUMBER 1175671 The Corn Exchange Faringdon SN7 7HL

Trustee Report

The Place Charity, which is a Charitable Incorporated Organisation, was set up in 2017. Its objectives are advancing the education of families through the provision of training and family support facilities and groups, provision of advice and support and guidance on issues relating to childcare.

Its main activity is to fund raise for the Children’s Centre located in the Corn Exchange, Faringdon. The Charity receives grants and amounts raised by local fund raisers which it uses to fund the Children’s Centre. The Place acts also as a steering Board for the Town Council.

The Children’s Centre operates in premises owned by Faringdon Town Council and is run by Spurgeon’s Children’s Charity under a Service Level Agreement they have with the Town Council. Oxfordshire County Council provided grants for the initial set up of the Children’s Centre which were held by the Town Council. The Place pay the difference between the running costs of the Children’s Centre and amount paid by the Town Council to Spurgeons, although in the initial years the amounts paid by The Place were small with costs being covered by the County Council grant. The funding from the Place Charity is expected to rise next year.

Signed

Treasurer

Dated

1

Annual Accounts for the financial year ended 31[st] March 2023

The Accounts are maintained on a spreadsheet and summarised below. A separate bank account has been set up for managing the Charity’s transactions. The Accounts are maintained on an income and expenditure basis, any material grants due or amounts due to be paid being included in the financial year’s accounts with debtors and creditors set up as necessary. Small fund raising donations are not accrued but shown in the accounts as they are received.

The Charity owns no assets nor employs staff. The Town Clerk acts as Treasurer, her time being funded by the Town Council as part of their support to the Charity.

Income and Expenditure Account

2022/23
Income
6,818.58
Donations
33,189.88
Grants
40,008.46
Total
Expenditure
26,356.50
Administration
2,117.61
Community Support
28,474.11
Total
11,534.35
Deficit/Surplus
Statement of Current Assets and Reserves
60,758.36
Bank Balance
446.57
Petty Cash
61,204.93
Total
Charity Fund
49,670.58
Opening balance
11,534.35
Deficit/Surplus
61,204.93
Closing balance
2021/22
£
5,117.78
32,651.06
37,768.84
1,806.34
240.00
2,046.34
35,722.50
£
49,589.78
80.80
49,670.58
13,948.08
35,722.50
49,670.58

2

Report of the independent examiner to The Place

Report on the accounts of The Place for the year ended 31[st] March 2023, which are set out on page 2 attached.

Respective responsibilities of trustee and independent examiner

The Charity’s trustees are responsible for the preparation of the accounts. The Charity’s trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act)) and that an independent examination is needed.

It is my responsibility to

This report is made solely to the Trustees of The Place in accordance with the Charities Act 1993. My work has been undertaken so that I might state to the Trustees those matters I am required to in an examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Trustees of The Place for my work, for this report, or for the opinions I have formed.

Basis of independent examiner’s report

My examination was carried out in accordance with the General Direction for Independent Examination issued by the Charity Commissioners. 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 items or disclosures in the accounts and seeking of explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required if a full audit was undertaken, and consequently I do not express an audit opinion on the view given by the accounts.

Examiner’s statement

In connection with my examination, no matter has come to my attention:

Christopher Hackett For ad on behalf of Auditing Solutions Ltd 21[st] August 2023

3