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2023-08-31-accounts

Move More CIO

Charity No. 1175899

Trustees' Report and Unaudited Accounts

31 August 2023

Move More CIO Contents

Pages
Trustees' Annual Report 2 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Summary Income and Expenditure Account 7
Balance Sheet 8
Statement of Cash flows 9
Notes to the Accounts 10 to 18
Detailed Statement of Financial Activities 19 to 20

Page 1

Move More CIO Trustees Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 August 2023.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1175899

Registered Office

All Saints Academy Blaisdon Way Cheltenham GL51 0WH

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

W. Parker G. Brookes C. Smith R. Barker L. Wilkinson S. Savory D. Peters S. Lockley

Key Management Personnel

CEO D Derrick Deputy CEO J Quinn

Accountants

Amstone Management Limited Powys Lodge 6 Court Road Strensham Worcestershire WR8 9LP

Bankers

Barclays Bank plc 3 Church Street Weybridge Surrey KT13 8DD

OBJECTIVES AND ACTIVITIES

Move More is a registered Charitable Incorporated Organisation registered in England & Wales 1175899 and is governed by its Trust Deed.

Page 2

Move More CIO Trustees Annual Report

The objective of the Charity, as set out in the Trust Deed, is to promote the education (including social and physical training) of young people for public benefit in such ways as the Trustees think fit.

ACHIEVEMENTS AND PERFORMANCE

This financial year Move More have worked with more children than ever before – over 29,000. Over the past year there have been several challenges facing all of us, world events have had a real impact on the cost of living and the effects of COVID 19 remain - particularly in children’s behaviours, happiness and mental wellbeing. This has increased the level of need, and we will continue to shape our work to support children through schools, families and the community.

We have continued to focus on diversifying our income and have been successful on several bids from a range of funders. This in turn has supported a wider range of provision for children and young people in the area. We have extended our work in the community and have created new programmes which target children we have not previously worked with.

There have been many great programmes and initiatives this year, some highlights to mention would be: the Holiday Activities and Food (HAF) programme in partnership with Gloucestershire County Council,

Cheltenham Borough Council, Young Gloucestershire and The Venture – through this programme we provided holiday provision and food for over 650 children and young people who are in receipt of free school meals and/or classed as vulnerable. The ‘Creating Active Schools’ project in partnership with Active Gloucestershire has continued to see impact within system change and we look forward to building this programme over a larger geographical area next year. The ‘Of Course We Can’ holiday camp places funded by Active Impact have enabled more children with additional needs to attend our provision and we have received overwhelming feedback from parents. Moving forward we will continue to develop our work for children with a special educational need or disability. Our work with families also continues to build in terms of numbers and is having a real sustainable impact on the lives of parents and children.

We have improved our infrastructure as an organisation; recruiting new trustees onto the board, upgraded our IT and financial systems and added new roles to the team. All of which have already had a positive impact on our work and will support the charity’s journey going forward.

PLANS FOR FUTURE PERIODS

Following a period of consultation we will be launching a new 3 year strategy for the charity. Our new strategy will encompass the wider holistic work we have developed in response to new challenges facing children, as well as continuing our focus on ‘Every Child’, ensuring we continue to identify and respond to the needs of all children.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Page 3

Move More CIO Trustees Annual Report

Signed on behalf of the board

W. Parker Trustee

Page 4

Move More CIO Independent Examiners Report

Independent Examiner's Report to the trustees of Move More CIO

I report to the charity trustees on my examination of the financial statements of Move More CIO for the year ended 31 August 2023.

Responsibilities and basis of report

As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.

Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of FFA - Institute of Financial Accountants, which is one of the listed bodies.

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:

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 financial statements to be reached.

Keith Day FFA - Institute of Financial Accountants Amstone Management Limited

Powys Lodge 6 Court Road Strensham Worcestershire WR8 9LP 31 August 2023

Page 5

Move More CIO Statement of Financial Activities

for the year ended 31 August 2023

Notes
Income and endowments
from:
Donations and legacies
4
Charitable activities
5
Other
6
Total
Expenditure on:
Charitable activities
7
Other
8
Total
Net gains on investments
Net income
9
Transfers between funds
Net income before other
gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
2023
£
916
696,198
8,997		 Total funds
2023
£
916
696,198
8,997		 Total funds
2022
£
1,087
646,357
8,274
706,111
460,250
238,900		 706,111
460,250
238,900		 655,718
410,938
214,315
699,150
-		 699,150
-		 625,253
-
6,961
-		 6,961
-		 30,465
-
6,961 6,961 30,465
6,961
94,332		 6,961
94,332		 30,465
63,867
101,293 101,293 94,332

Page 6

Move More CIO Summary Income and Expenditure Account

for the year ended 31 August 2023

Income
Gross income for the year
Expenditure
Depreciation and charges for
impairment of fixed assets
Total expenditure for the year
Net income before tax for the year
Net income for the year		 2023
£
706,111
706,111
686,717
12,433
699,150
6,961
6,961		 2022
£
655,718
655,718
614,538
10,715
625,253
30,465
30,465

Page 7

Move More CIO Balance Sheet

at 31 August 2023

Company No.
CE012427
Notes
2023
£
Fixed assets
Intangible assets
12
-
Tangible assets
13
28,115
28,115
Current assets
Debtors
14
36,922
Cash at bank and in hand
54,563
91,485
Creditors:Amount falling due within one year
15
(18,307)
Net current assets
73,178
Total assets less current liabilities
101,293
Net assets excluding pension asset or liability
101,293
Total net assets
101,293
The funds of the charity
Restricted funds
16
Unrestricted funds
16
General funds
101,293
101,293
Reserves
16
Total funds
101,293		 2022
£
-
16,378
16,378
46,696
53,378
100,074
(22,120)
77,954
94,332
94,332
94,332
94,332
94,332
94,332

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 August 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 31 August 2023

And signed on its behalf by:

W. Parker

Trustee 1 June 2024

Page 8

Move More CIO Statement of Cash flows for the year ended 31 August 2023

Cash flows from operating activities
Net income per Statement of Financial Activities
Adjustments for:
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Decrease/(Increase) in trade and other receivables
Increase/(Decrease) in trade and other payables
Net cash provided by operating activities
Cash flows from investing activities
Payments for property, plant and equipment
Dividends, interest and rents from investments
Net cash (used in)/from investing activities
Net cash from financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Components of cash and cash equivalents
Cash and bank balances
Bank overdrafts		 2023
£
6,961
12,433
(8,997)
9,774
11,166
31,337
(24,170)
8,997
(15,173)
-
16,164
52,871
69,035
54,563
(440)
54,123		 2022
£
30,465
10,715
(8,274)
(28,754)
(3,237)
915
(1,513)
8,274
6,761
-
7,676
30,283
37,959
53,378
(507)
52,871

Page 9

Move More CIO Notes to the Accounts

for the year ended 31 August 2023

Basis of preparation

The financial statements have been prepared in accordance with Accounting 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 (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with Where income has related expenditure the income and related expenditure is related reported gross in the SoFA. expenditure Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gift/donation to which it relates. gifts Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment This is included in the accounts when receivable. income Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of at the end of the year. fixed assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 10

Move More CIO Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable services in the furtherance of its objects, including the making of grants and activities governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.

Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other These are support costs not allocated to a particular activity. expenditure

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and machinery 20% Straight line Motor vehicles 20% Straight line Sports equipment 20% Straight line

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity 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 measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 11

Move More CIO Notes to the Accounts

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Page 12

Move More CIO

Notes to the Accounts

3
Statement of Financial Activities - prior year
Income and endowments
from:
Donations and legacies
Charitable activities
Other
Total
Expenditure on:
Charitable activities
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
4
Income from donations and legacies
5
Income from charitable activities
Commission and grants
School based activities
Holiday provision		 Unrestricted
£
916
916
Unrestricted
£
137,283
336,872
222,043
696,198		 Unrestricted
funds
2022
£
1,087
646,357
8,274
655,718
410,938
214,315
625,253
30,465
30,465
30,465
63,867
94,332
Total
2023
£
916
916
Total
2023
£
137,283
336,872
222,043
696,198		 Total funds
2022
£
1,087
646,357
8,274
655,718
410,938
214,315
625,253
30,465
30,465
30,465
63,867
94,332
Total
2022
£
1,087
1,087
Total
2022
£
124,488
321,045
200,824
646,357

Page 13

Move More CIO Notes to the Accounts

6 Other income

Interest received
Competition and events
7
Expenditure on charitable activities
Expenditure on charitable
activities
Commission and grants
School based activities
Holiday provision
Events and competitions
8
Other expenditure
Employee costs
Motor and travel costs
Premises costs
Amortisation,
depreciation, impairment,
profit/loss on disposal of
fixed assets
General administrative
costs
Legal and professional
costs
9
Net income before transfers
This is stated after charging:
Depreciation of owned fixed assets		 Unrestricted
£
5
8,992
8,997		 Total
2023
£
5
8,992
8,997		 Total
2022
£
3
8,271
8,274
Unrestricted
£
7,530
303,947
123,368
25,405
460,250
Unrestricted
£
165,084
15,831
9,886
12,433
19,147
16,519
238,900
2023
£
12,433		 Total
2023
£
7,530
303,947
123,368
25,405
460,250
Total
2023
£
165,084
15,831
9,886
12,433
19,147
16,519
238,900		 Total
2022
£
3,841
750
382,157
24,190
410,938
Total
2022
£
140,238
11,429
9,470
10,715
31,811
10,652
214,315
2022
£
10,715

Page 14

Move More CIO Notes to the Accounts

10 Trustee remuneration and expenses

2023 2022
Number Number

The nature of the reimbursed expenses

Trustees received no remuneration or other benefits during the period, and there were no Trustees' expenses paid

11 Staff costs

Staff costs
Salaries and wages
Social security costs
Pension costs		 2023
130,106
14,451
5,211
149,768		 2022
121,946
9,716
4,504
136,166

No employee received emoluments in excess of £60,000.

12 Intangible fixed assets

Cost
At 1 September 2022
At 31 August 2023
Amortisation and
impairment
At 1 September 2022
At 31 August 2023
Net book values
At 31 August 2023
At 31 August 2022		 Develop-me
nt costs
£
7,500
7,500
7,500
7,500
-
-		 Total
£
7,500
7,500
7,500
7,500
-
-

Page 15

Move More CIO Notes to the Accounts

13 Tangible fixed assets

Cost or revaluation
At 1 September 2022
Additions
At 31 August 2023
Depreciation and
impairment
At 1 September 2022
Depreciation charge for
the year
At 31 August 2023
Net book values
At 31 August 2023
At 31 August 2022
14 Debtors
Trade debtors
15 Creditors:
amounts falling due within one year
Credit cards
Trade creditors
Other taxes and social security
Other creditors
Accruals		 Plant and
machinery
£
3,871
9,706
13,577
3,419
602
4,021
9,556
452		 Motor
vehicles
£
21,192
-
21,192
16,414
4,238
20,652
540
4,778
2023
£
36,922
36,922
2023
£
440
9,269
6,521
2,077
-
18,307		 Sports
equipment
£
30,027
14,464
44,491
18,879
7,593
26,472
18,019
11,148		 Total
£
55,090
24,170
79,260
38,712
12,433
51,145
28,115
16,378
2022
£
46,696
46,696
2022
£
507
6,701
-
-
14,912
22,120

Page 16

Move More CIO Notes to the Accounts

16 Movement in funds

Restricted funds:
Unrestricted funds:
General funds
Total funds
17 Analysis of net assets between funds
Fixed assets
Net current assets
18 Reconciliation of net debt
Cash and cash equivalents
Net debt		 At 1
September
2022
94,332
94,332		 Incoming
resources
(including
other
gains/losses
)
£
706,111
706,111
At 1
September
2022
£		 Resources
expended
£
(699,150)
(699,150)
Unrestricted
funds
£
28,115
73,178
101,293
Cash flows
£		 At 31
August
2023
£
101,293
101,293
Total
£
28,115
73,178
101,293
At 31
August
2023
£
53,378 1,185 54,563
53,378
53,378		 1,185
1,185		 54,563
54,563
19 Commitments
Operating lease commitments
Annual commitments under non-cancellable operating leases are as follows:
2023
2023
2022
Land and
buildings
Other
Land and
buildings
£
£
£
Operating leases with expiry date:
Pension commitments
2023
£
The pension cost charge to the company
amounted to:
5,211		 2022
Other
£
2022
£
4,504

Page 17

Move More CIO Notes to the Accounts

20 Related party disclosures

Controlling party

Page 18

Move More CIO Detailed Statement of Financial Activities

for the year ended 31 August 2023

Income and endowments from:
Donations and legacies
Charitable activities
Commission and grants
School based activities
Holiday provision
Other
Interest received
Competition and events
Total income and endowments
Expenditure on:
Charitable activities
Commission and grants
School based activities
Holiday provision
Events and competitions
Total of expenditure on charitable
activities
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff training
Other staff costs
Motor and travel costs
Vehicles - General costs
Travel and subsistence
Premises costs
Rent
Premises repairs and
maintenance		 Unrestricted
funds
2023
£
916
916
137,283
336,872
222,043
696,198
5
8,992
8,997
706,111
7,530
303,947
123,368
25,405
460,250
460,250
130,106
14,451
5,211
8,516
6,800
165,084
10,032
5,799
15,831
9,000
886
9,886		 Total funds
2023
£
916
916
137,283
336,872
222,043
696,198
5
8,992
8,997
706,111
7,530
303,947
123,368
25,405
460,250
460,250
130,106
14,451
5,211
8,516
6,800
165,084
10,032
5,799
15,831
9,000
886
9,886		 Total funds
2022
£
1,087
1,087
124,488
321,045
200,824
646,357
3
8,271
8,274
655,718
3,841
750
382,157
24,190
410,938
410,938
121,946
9,716
4,504
4,072
-
140,238
9,348
2,081
11,429
9,470
-
9,470

Page 19

Move More CIO

Detailed Statement of Financial Activities

General administrative costs,
including depreciation and
amortisation
Depreciation of Plant and
machinery
Depreciation of Motor vehicles
Depreciation of Sports
equipment
Equipment expensed
General insurances
Information and publications
Software, IT support and related
costs
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Consultancy fees
Other legal and professional
costs
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net income
Net income before other
gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 602
4,238
7,593
-
3,003
183
5,047
3,251
2,978
-
4,685
31,580
13,545
2,974
-
16,519
238,900
699,150
-
6,961
6,961
-
6,961
94,332
101,293		 602
4,238
7,593
-
3,003
183
5,047
3,251
2,978
-
4,685
31,580
13,545
2,974
-
16,519
238,900
699,150
-
6,961
6,961
-
6,961
94,332
101,293		 774
4,238
5,703
295
9,202
2,074
678
2,364
1,876
11,331
3,991
42,526
7,668
2,949
35
10,652
214,315
625,253
-
30,465
30,465
-
30,465
63,867
94,332

Page 20