AE)INGDONCAROUSEL
Registered Charity: 1177322
Trustees, Annual Report & Accounts
st
for the year ending 31 July 2024

Reference and Administr*ive Details
The Trustees present their report together with the financial statements of Abingdon Carousel for the year ended 31
July 2024. The Trustees have adopted the provisions of the Statement of Recommended Practice ISORPI "Accounting
and Reporting by Charities" IFRS1021 in preparing the annual report and financial Statements of the Charity.
Charlty's Princlpal Addre5S:
The Abingdon Carousel Family Centre
Caldecott Chase
Abingdon-on-Thames
OX14 5GZ
Trustees
Sharron Jenkinson
Chair
Penelope Clover
Honorary Fundraising Trustee
Mark Rusher
Treasurer
Ruth Hawkins
Lead SafeEuarding Trustee
Cllr Samantha Claire Bowring Iresigned 9 July 20241
Emily Rawle
lappointed 13 May 20241
Lesley Witts
Iresigned 16 January 20241
Kathryn Devine
(appointed 11 March 20241
Jennifer Reading
Deborah Lymn
Michael John
Centre Manager
Georgina Hicks
Iresigned 26 July 20241
Accountants (Payroll)
Wenn Townsend
10 Broad Street
Abingdon
Oxfordshire
OX14 3LH
Independent Examiners
Positive Community Finance Ltd
7 Scholars Rise
Stokenchurch
Buckinghamshire
HP14 3FL
Structure, Governance and Management
The charity was incorporated as a charitable incorporated organisation ICIOI on 26 February 2018 and is governed bv
a Foundation Constitution updated on the 5 October 2022. Trustees are selected and voted on to the ljoard by existing
Trustees in a quorate meeting.

Oblertives and Activities
Abingdon Carousel Family Centre is a charity which was set up to run services in the former county COL¢ncil funded
South Abingdon Children's Centre. When OCC withdrew funding, Carousel was incorporated as a charity and is now
in its fourth year of offering services to local families.
Carousel offers a variety of recreational, care, educational and adult development seryices both directly to the public
using paid employees and volunteers and through making the building available to community focussed partner
organisations. All Carousel activities are free to families although we encourage small donations where these can be
afforded.
Service priorities are those which benefit families with children aged 0-5 years although other family and community
service5 are also offered under an umbrella approach that aims to be relevant to the community as a whole.
Carousel is an inclusive organisation that aims to reflect the views and needs of our families.
Speclflcally, Cqrousel alms to..
Provide a range of facilities and pro8rammes, through the provision of a safe and stimulating space, for
children to socialise, learn and play and for parent51 carers to receive guidance and support.
Support parents / carers in developing skills and strategies for effective parenting.
Enable parents / carers to engage in a range of opportunities to meet other families, undertake personal
development activities and become active members of the community, so reducing isolation.
Provide a community hub from which partner organisations can offer their setvices.
Pfovide information and signposting so that families can access se￿iceS across the wider community.
Trustees have had regard to the guidance issued by the Charity Commission on public benefit.
Achievements and Perfomiance
Our focus this year has been on consolldation of existing good practice and extending and improving the quality and
range of services on offer. Drop-in 'Stay and Play, sessions are held on five days of the week (including the very
popular Saturday Clubl and are frequently full. Around 500 families are now registered at Carousel, compared with
150 two years ago. We also now offer dedicated monthly SEND sessions.
As well as sessions for families, we have also continued to develop our parent / carer support and development
programme. Course5 have been offered under the Family Links umbrella and we have worked with partners to offer
'Communication through Play, courses and a 'School Readiness Course,.
In addition to our own sessions, we work with a range of partners, and this extends the use of the centre. The
Health Visitors offer regular Sessions, and we have been happy to host Holiday Play Schemes for young people with
disabilities. We have collaborated with Oxfordshire Play Association to participate in community play activity day5.
As important as the specific sessions on offer are the extent to which staff have worked with individual families and
County Council and community teams to advise and support, especially in times of crisis. This has ranged from
individualised support for parents struggling with the bureaucracy associated with SEND issues to supporting
emergency rehoming needs.
Carousel's 3-year Improvement Plan12023 - 20261 focuses on three priority areas..
l. Flnance
Ensure that successful fvndraising and efficient financial manaBement lead to a balanced budget and robust
reserves

2. Leadership and Management
Develop systems that ensure legal compliance and best practice in leadership and management
3. Provislon and services
Ensure that the quality of provision and services is of a consistently high quality. Sessions for children reflect
Early Years Foundation Stage best practice and other services meet the expressed and identified need5 of our
users.
The focu5 in Year One of the Plan12023 - 241 was on immediate needs with regard to ensuring legal compliance in all
aspects of the management and running of the Centre, fund-raising and financial efficiency, manager, staff and
trustees, development and the development of partnerships. Trustees evaluated progress through the Improvement
Plan in July 2024 and concluded that excellent progress has been made in all aspects, mainly due to inspirational and
effective leadership by the manager and the high quality of the stsff team (ably supported by committed and skilled
volunteers). The theme for year two of the plan is on 'Consolidation' with specific focus on ongoing improvement of
provision and services (both through our core offer and effective partnershipsl and ensuring that robust fund-raising
leads to a balanced budget and increased reserves.
At the time of writing, there are signifitrdnt stresses affecting forward planning. Caldecott School has relinquishe(I
responsibility for provision of services to Carousel and we are currently in discussion with Oxfordshire County Council
lour landlords) regarding the renewal of the lease an(1 agreement of service charges. Our Manager, Georgina Hicks,
has moved on to a new post to advance her career and decisions are shortly to be made regarding ￿Cruiting a new
manager. For the interim period, staff and trustees are taking on additional leadership and management
responsibilities. Despite these pressures, morale remains high with staff, volunteers and trustees fully committed to
ensuring that Carousel remains at the hub of its communityi providing essential and highly valued services to families
across Abingdon and beyond.
Financial Review
The unrestricted deficit for the year ended 31 July 2024 was £499. The Trustees are pleased that given the cost-of-
living crisis the charity ha5 been able to show a breakeven position and forecast a further breakeven position for the
year ended 31 July 2025.
Considering the charity's risk profile which indicates that the main financial risk relates to the dependency on the
annual Abingdon Town Council grant of £36,750 and general fundraising. The Abingdon Town Council grant is received
in advance
Restricted funds received in the year amounte(I to £35,448 and amounts unspent at the 31 July 2024 amounted to
£25,392. A gront of £16,824 was received In the year which was a 2-year Awards for all to partly cover Saturday Club
costs.
The charity is in discussions with their landlord Oxford City Council concerning the renewal of the lease for the Family
Centre.
Abingdon Carousel has the str¥Jctural inability to make sudden cost savings on large expenditure items such as rent
and service charges, the Trustees have determined that AbinEdon Carousel should hold reserves which, in a funding
crisis, would allow the organisation to carry on delivering setvices for 12 months whilst new major grants a￿ applied
for and which allow time and funds for longer term cost-reduction plans. Therefore, the Trustees aim to keep 6 months
running costs in reserve amounting to approximately £44,C(JO. The Abingdon Town Council grant is received in advance
so at the 31 july 2024 further reserves are required.

Declaration
The trustees declare that they have approved the trustees, report above.
Approved by the board of Trustees on 13 January 2025 and signed on its behalf by:
Sharron Jenkinson, Chair of Trustees

Independent examlnerfs report to the trustees of Ablngdon Carousel
I report to the trustees on my examination of the accounts of Abingdon Carousel Ithe Trust) for the year ended 31"
July 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the
requirements of the Charlties Act 20111'the Act'l.
I report in respect of my examination of the Trust'5 accounts carried out under section 145 of the 2011 Act and in
carrying out my examination I have followed all the applicable Directions given by the Charity Commission under
section 14515llbl of the Act.
Independent examinerfs statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with
the examination giving me cause to believe that in any material re5pect=
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.
3. the accounts do not comply with the applicable requirements concerning the form 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.
Lee Mathers MIAB, MCIOF Icertl
Positive Community Finance Ltd
7 Scholars Rise
Stokenchurch
Buckinghamshire
HP14 3FL
17

ABINGDON CAROUSEL
STATEMENT OF FINANCIAL AcfiviTIES
FOR THE PERIOD ENDING 31 JULY 2024
Restricted
Funds
2024
Unrestricted
Funds
Total
Funds
2024
Total
Funds
2023
2024
Notes
Incoming resources
Donations and legacies
Charitable activities
Other trading activities
Investments
Other
Totsl IncominE resource5
35,448
56,320
16,378
91,768
16,378
77,529
15,058
476
476
89
2,272
75,446
2,272
110,894
35,448
92,676
Resources expended
Raising funds
Charitable activities
Other
Total Resources Expended
196
196
91,529
439
76,945
15,976
75,749
15,976
75,945
91,725
77,384
Net incomel{expenditurel
19,472
14991
18,973
15,292
Reconciliatlon of funds
Total funds brought forward
8,638
50,207
58,845
43,553
Transfers between funds
12,7181
2,718
Total funds carried forward
25,392
52,426
77,818
58,845
The Statement of financial activities includes all gains and losses in the year.
All incoming resources expended derive from continuing activities.

ABINGDON CAROUSEL
BALANCE SHEET
AS AT 31 JULY 2024
Restrirted
Funds
2024
Unrestricted
Funds
2024
Total
Funds
Total
Funds
2023
2024
Notes
Flxed Assets
Tangible assets
8,369
8,369
8,369
8,369
10,591
10,591
Total fixed assets
Current Assets
Debtors
Cash at bank and in hand
Total current assets
4,864
52,602
57,466
4,864
77,994
82,858
1,782
54,424
56,206
25,392
25,392
Llabllities
Creditors.. amounts falling due within
or)e year
Net current assetsl{liabilitiesl
Total assets less current liabilltles
13,409
44,057
52,426
13,409
69,449
77,818
7,952
33,272
58,845
25,392
25,392
Total net a55ets or Ilabllitie5
25,392
52,426
77.818
58,845
Funds of the Charity
Restricted income funds
Unrestricted funds
25,392
25,392
52,426
77,818
8,638
50,207
58,845
52,426
52,426
Total fund5
25,392
Approved by the board of Trustee5 on 13 January 2025 and signed on its behalf by-
Sharron lenkinson, Chair of Trustees

ABINGDON CAROUSEL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDING 31 JULY 2024
l Accountlng Polities
General information and basis of
re
aration
The charity is a Charitable Incorporated Organisation ICIOI, incorporated in England and Wales. The addre55 of
the registered office is given in the charity information on page 2 of these financial statements. The nature of
the charity's operations and principal activities is the delivery of children and family services from the building.
The charity constitutes a public benefit entity as defined by FRS 102. 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 Reptjblic of Ireland IFRS 1021 issued on 16 July 2014 las updated through Update Bulletin I
published on 2 February 20161, the Financial Reporting Standard applicable in the United Kingdom and Republic
of Ireland IFRS 1021, the Charities Act 2011, and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention. modified
to include certain items at fair value. The financial statements are presented in Sterling which is the functional
currency of the charity and rounded to the nearest £1.
The Significant accounting policies applied in the preparation of these financial statements are Set out below.
These policies have been consistently applied to all years presented unless otherwise stated.
Fund Accountin
Unrestritted funds are funds which are available for use at the discretion of the Trustees in the furtherance of
the general objectives of the charity and which have not been designated for other purposes.
Restricted fund5 are funds which are to be used in accordance with specific restrictions imposed by donors or
which have been raised by the charity for particular purposes. The c05t of raising and administering such funds
are charged against the specific funds. The aim and use of each of the restricted fund5 is set out in the notes to
the financial statements.
Incomin
Resources
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount
can be quantified with reasonable accvracy.
Resources Ex
ended
All expenditure is accounted for on an accruals basis and has ljeen classified under headings that aggregate all
costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make
payments to third parties, it is probable that the settlement will be required, and the amount of the obligation
can be measured reliably.

ABINGDON CAROUSEL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDING 31 JULY 2024
l Accountlng Policies Icontlnued)
Tan
ible and Intan
ible Fixed Assets
Tangible at)d Intangible fixed assets are stated at cost lor deemed costl or valuation less accvmulated
depreciation and accumulated impaimient losses. Cost includes costs directly attributable to making the asset
capable of operating as intended.
Depieciation 15 provided on all tangible and intangible fixed assets, at rates calculated to write off the cost, less
estimated residual value, of each asset on a systematic basis over its expected useful life as follows:
Computer equipment..
over 3 years
Leasehold improvements..
over 5 years
Garden project..
over 3 years
Database development..
over 3 years
Sensory room and equipment.. over 3 years
Storage shed:
over 3 years
Debtors and creditors receivable
able within one
ear
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at
transaction price. Any losses arising from impairment are recognised in expenditure
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual
provisions of the instrument.
Basic financial instrument5 are initially recognised at the amount receivable or payable including any related
transaction costs, unless the arrangement constitutes a financing transaction, where it 15 recognised at the
present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to
be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Goin
Concern
The financial statements have been prepared on a going concern basis as the trustees believe that no material
uncertainties exist. The trustees have considered the level of funds held and the expected level of income and
expenditure for 12 months from authorlsing these financial statements. The budgeted income and expenditure
is sufficient with the level of rese￿e$ for the charity to be able to continue as a Eoing concern.
Jud
ement and ke
sources of estimation uncertaint
The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and
are based on experience and other factors, including expectations of future events that are believed to be
reasonable under the circumstances.
io

ABINGDON CAROUSEL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDING 31 JULY 2024
Z Donatlons and Legacles
Restricted
Funds
2024
Unrestrirted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Abingdon Town Council
Other Grants
Donations from Individuals & Groups
36,750
10,457
9,113
56,320
36,750
45,905
9,113
91,768
50,CK)O
9,022
18,507
77,529
35,448
35,448
3 Total Resources Expended
Restricted
Funds
2024
Unrestricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
staff Costs
Facilities Management
Professional Services
Depreciation
office Costs
Service Delivery Costs
Fundraising
12,768
2.792
41,196
20,143
1,026
8,106
4,522
564
192
75,749
53,964
22,935
1,026
8,106
4,522
980
192
42,625
19,823
828
7,050
3,778
2,841
439
416
15,976
91,529
77,384
Net 5ncoming resources for the year
This is stated after charging=
Total
2024
Total
2023
Independent Examination
other Accountancy Setvices
Depreciation
450
576
8,106
9,132
425
403
7,050
7,878
Staff Costs
Total
2024
Totsl
2023
Salaries
Training and Recruitment
53,964
192
42,088
587
54,156
42,625
li

ABINGDON CAROUSEL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDING 31 JULY 2024
4 Tangible Fixed Assets
Database
Development
Leasehold
Improvements
Equlpment
Total
Cost
At 1st August 2023
Additions
Disposals
At 31" July 2024
5,935
9,197
9,809
5,884
24,941
5,884
5,935
9,197
15,693
30,825
Accumulated De
reciation
At 1st August 2023
Charge for the year
Disposals
At 31st July 2024
1,978
1,979
5,971
2,108
6,401
4,019
14,350
8,106
3,957
8,079
10,420
22,456
Net Book Value
At 31st July 2024
1,978
1,118
5,273
8,369
At 31st July 2023
3,957
3,226
3,408
10,591
5 Debtors
Total
2024
Total
2023
Trade Debtors
Prepayments
2,284
2,580
4,864
805
977
1,782
6 Creditors
Total
2024
Total
2023
Other Taxes and Social Securitv
Accruals
811
12,598
13,409
601
7,351
7,952
12

ABINGDON CAROUSEL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDING 31 JULY 2024
7 Restricted Fund5
Opening Incomlng
Balance
Funds
Outgoing Transfers Closing
Funds
Balance
OCC Cllr Priority Fund - Public Face Project
OCC Cllr Priority Fund - Sensory Room Project
Vale of White Horse DC-Sens0ry Room Project
Christs Hospital
Quakers - Cost of Living
OCC- Antenatal
Christs Hospital- Baby scales
Christs Hospital- Family Links
Lord Lieutenant Fund Crawlers and Explorers
Lord Lieutenant Fund Refreshments
Awards for All- Saturday Club
Caldecott Community Profile Grant
Christs Hospital Boiler
Beeching Trust- Saturday Club
Caldecott Community Grant Saturday Club
Christs Hospital Toilet Repair
193
3,318
223
3,198
206
1,5(K)
193
2,718
600
223
3,198
765
1,500
559
943
715
1,650
850
16,824
3,810
1,608
4,961
2,760
768
943
715
1,650
850
16,824
3,810
1,608
4,961
2,760
768
8,638
35,448
15,976
2,718
25,392
Purpose of Restrlcted Fund5
Oxford County Council Councillor Priority Funds were granted to
update the building's exterior
develop a sensory room for children with special need5
upgrade office equipment
fund one yearfs antenatal coffee and chat group
The Vale of the White Horse Dlstrict Council grant was also to develop a sensory room for children with special
needs.
Christs Hospital funds were granted to
provide Family Links courses
acquire and maintain baby scales
support the maintenance of the boiler and toilets
Quakers Cost of Living donation to support any cost of living and low-income family needs.
Grants were provided by Beeching Trust, Caldecott Community and Awards for all to support the Saturday Club.
The Lord Lieutenants Fund granted money for Crawler5 and Explorers sessions and refreshments for sessions.
13

ABINGDON CAROUSEL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDING 31 JULY 2024
Trustee Remuneratlon and Benefits
No trustee received any remuneration or benefit during the year12023: £nill.
Trustee expenses
The charity's insurance provides trustee indemnity cover.
io
Other Related party transactions
The charity received £876 from Trustees without conditions during the yeor12023: £3,260).
14