REGISTERED CHARTfY lYu(BER. IJ80172 RepoTt of tht Tr¥stees Unudlled Flnancll s1¢11 for ike Ye•r Ewded JI December 2024 for St Joseph's F*mily C¢ntr¢
S¢ Joseph's FaDuly CtDtr¢ C•Attnts ¢be Financlxl Statementi ror the Yur Ended 31 December 2024 Pge Report of tht Trry%ltts IDdependent E¥mth¢r'$ Report Statellrllt of Flw•nd•l Acifvllk5 Bal#Trte Skeet Nutei lo th¢ F5n¢ial Stxt¥nMts 9 10 18 Detslltd Ststennt of Fintt¢i*l Activities 19 to 20
St Josepb's Famity Centr¢ RepDrt of the TT¥Stres for tILe Yur Endd 31 Decetnber 2024 'lTh¢ trustces preseni their r¢p)rt wilh the financial statcnxnts of the charity for the yw end¢d 31 December 2024. Th¢ tru$trs have adopt¢d the provisioos of AccouDiJng a] RepIng by Ch&riftes.' Sthtemeni of Recotntncnded Practi¢¢ applt¢able io clNqriii¢s pr¢parin8 their accounls in accordarKe with Lhe FinarKial Reptbrting SiandaTd applicable in ihe UK aT¥J Republir of Itt]attd (FRS 1021 {¢ff¢¢tive l January 20191. OBJLCI'IVES AND A]VIT[F3 ObJectlve5 ¥nd gims The pritLcipal obj¢ctiv(s of the Chwiry ar¢: For public knefit to ajkviatc distr$ V$¢d by the bwak-wb of famili&s by such mean5 BS the trustees may fiorn time lo time determine including thc ptOVi5ion of child conthd servicffj family medi3tiotL Ind family couns¢llittg to per80ll5 living or working in lh¢ ar¢& of bcnefit For the public b¢nrfJt to SUPPDTI adts atMI children experiencin& or at risk of cxpcrienciDg ational and prychologi¢al health PTobleTr in th¢ aTEJ of b¢uefit by rywns a$ the tsUSlLYS from tinx to linx dererniine including fhe provisioD of ¢oim8ellin& otherpsythothryies 1 progr for children guffcring lo F¢)r the publi¢ bevfit to r¢li¢v¢ Krdsbip experietleed by dtyived famalies and kThJividua15 living or working in the rea Df ben¢fJt by such Jneans Ls the t[e$ from time to time detumitt Èncludin8 the provL51 of tssenti81 housthold quipmcnt. fuTnitUTC and ¢rncrgcnry fo1 pw¢el& To ¥triv¢ to reflert, ill VUL its nJi55iOll. the Chrtsli8n wial LeaehitiuD iTr$pi$ its work Public benefit The Trusrees confirni that they have rcfcmxl ttTr guidwKe )ntaIned in clw.try Conmmissiott's general guid. on public bfrt when reviewing the Tru5e$ aTyJ Objecti and in piatming futute xtivitid Volunteers St Josq)b's Fr]lY Centre has a lonK tr*lition of volunteer swrn aTwJ Val aThJ bTf2t¢fth for th¥ contributioTh thLy hai'L madc and contlLue io make. Page I
St Joseph'$ F•mlty Centrt Report of the Tru5tet5 (tsr the Yeir Ellded 31 Dece[[dr 2024 ACHIFVEMEIYT AND PERFORMANCE Charitable &¢tlvid TrstS are pleased to repm that Ihe setViCP3 offetd by ihe Family cent wjih Metseywe NHS FouNlatiorb Trust for children's ¢ounbelling atMI Talking TrTapiu Warriogton fth" aduli ¢ounsellirtg have ntilld ro perforni w¢ll agaiDs1 colllra¢t tYquirellJ¢tL15. During thr currciit contrKI )rar12024r251 circa 2,(th Children's Coul11)ng 5e5510DS Ivere attcnd¢d which is S/th highcT thart the previo5 year following th¢ incrca5c in this provision and w¢ havc $ignifi¢antly reduced witiT)g timcs. The targets for Adult Coullscliing will be exctcded exception of allger inanag¢ment artd disculn$ abo future provision of ¢his setsitt are onllIg. Both camtracis have been renewed for the 2025126 contra year b¢ginnin¥ l April. Thc c¢Jre Conti[d its valucd role as a cmld contact en(ef and 30 familics in the yr I1th this scrvice. ¢¢nttc was re•accreth'ied for 3 yeats by tbc Nationat A&wciation olchild Contact Ccntres following an audit ill die y¢at Welfare seryiLes continued w provide supwrt to families thn)u¥hvuL thy yvar. Assistvd by 35 the Chrislrnab cainpaign (klivered foiM4 with a value of £J9.¢XKI and £13.1MMI Df Youchtt5 10 423 famili with 986 childr. DunThg t1 and at Chn"s(nJas we rnn OUT first HAF (Holida8 aj F(XM]I prts in sclKK)15 iu Wayruigton. bre largely filndcd by WarringtoL Borough Council forchildTen in reeetpt of frtt s¢b(x>l nwAls aJKI prowde fw) activitics rd nulritious nE41 children duriug school Frfjlidays. We 8]so look this oppoM]nity ro offer f¢y)d. clothing alld toiletries fo families using the service. Trustets are pleasLNI to rcpmt the net i10me in the y¢8r i$ re[[ in these Wpunts. This w8S POSStble due to InC&St 5UPPQrt from Mcrsefv NHS Found&iion Trust atjd suppirtt fmm ne and existing dolm. TncS rematD focused on idenlilying new sources offunding and supp)M aThl a wfvl for all the donatiotss and supp)rn we receiye frot rnaTJy g¢ncrous p[#s. TnJstK8 are grthfvl to th¢ Centre sraff aTyI n4nageKrnt for their dedicatioTb hanl WOTk in a Challng year. Wc WCTC SOTry lo se¢ the departure of sonK longststyjing sthff ad delighd to 1cleOn TKW nthJb¢TS to the tm. We ivisb Ih¢m all suc¢w8. FINANCIAL REIIILW FiDanci8l sitiOn The StatemcD( of Financial Aciiviliu for the Is seL un 6 of the aLU)unts. The tNTrdrd uf TrtL%lees reporf net i0¢ of £59.411 {2023- Thet illCODK of £55,025). AccuDwiad fimds anut)it0 £540,418 (2023 - £419,107) InveStnllt polky and objIlve5 Prineiples ofinvesljnent policy The Chariws fimds arc to bc illvested.. a) In a 5uificiendy liquid forni io allow the cknrity to cany out its puryK)se eifeclJ"vely and withwi intrrn¥tion: b) In 8ssets %vhi¢h give priority to Ihe setUEiiy of the CF&n"ly¥ ¢apttsl; c) Which rnaximise the level of return given a} and bl,. d) Where rrt)&8ible. in dhical or so¢i8lly rcsrM)thsiblc fu1$. e) Which minitnige countew risk. Typp$ oflttvestmemt Inv¢Sin are 10 be Tmde ohly ith invesbnent t)yes Mthich thc T[terS havc approved ("ApprOV Investrtt A$8ets"). Counterparties tnvesiments aw to be mad¢ only with ¢ountrJWies. wing ¢reAJil limi Hpprtsved by the Trus¢8( Approved Counierparties"). Page 2
St J05ryh'$ F•mlty Ctntre Repnrt of ihe Tru5tvs for the Year Ende4131 Deeekn 2•24 FINANCIAL REVIEW Reserves policy Res¢rves are held to hejp thc Charity owe cffectively. Th¢ Tn¥Lce8 will kccp their rescrves policy artd the lew¢l of reserves held u]xler rcwieTr. The tru8tec8 will al¥0 Th>uitor the lei'el of reserves held throughout the year. The Ttuste¢s have set a miniw l¢v¢l of rcservcs for effective .nrnI operaiioll at 25% of budgaed annual expendilurt, being £IO.I,000 based on the 2025 budget. The restTru targtt h&8 been excccded ai )t4reJ as frff r¢s¢rnts anKNmt to £330,240 {2023 . É273.007). GolnÈ ¢oneerD The Trustee5 arc conliDually micwing th¢ ortraiioJJs of ihc Lharity and its ability to dclivu its objrytivcg. The Truslecs have con5ideTcd thc nc¢ds of Tht charity for the ncxL 12 nmbnths and thc Trus believe they hav¢ the sinr¢ and rcsourc to ensure the Ctwty tETna1$ a goittg cofteern. FUTVRE PknINS The Trusi¢¢¥ plan io witinue reSpOr1]ng lo ik ed$Of faTBilit4 thildr¢llaDd 1VIdual$ in thearea who require ttional pra¢tiGJl 5UPWrt. The TnJ%te&8 8re Comrtted io providing a Contsct 50 that ¢hildrell ran spend ume with the OlEsident parent in ) safe and non-irn¥iiiUiiOllal settillg. However. TTh5£5 the ¢oDtinuing ilE$ in wmplexxly surrouiiding rh¢ dttnarnls for and thatse ot'this latgety Ullfijnded r¥bee. CouA8tlling progr8ms for Childrcn and Adults reffjain ¢thtrJl to J¢tiiiti¢s ond Twses are pleased to report that the r¢cenL increase in Children's CourL8elling aciivity will Continue. We do tM)i expe¢r to provide An8er Mana8emeDi 8¢rvi¢e$ for Adults in fuiure al are workin8 with Ta]kiTr8 Therapies OD suspension ofibis s¢rvi¢t. Wc ivill to maintattt stocks of fo4, toilLr1 arml childrell's clothing for distriixrtion during the ycar grnteful tts rtM)s¢ Individ1 and or8anisations whicb suprrf>rt in this wotk. W¢ will extend oui suc¢essful Christmas fo(rfJ deliirry campaiwi to holiday p¢rxMts starting with 2024. We will also provide addiiional HAF prouam8 51ariiThg Easter 2024 STRUCTURE. GOVERNANCF. AND MANAGEMENr GernIng document Th¢ charity is controlled by its governing th>cuW a deed of tt)Jst and cOltUle¥ yt)tncOA)[akI charity. Charlty ¢onslltutlo St J05¢ph'5 F&mily CentrE hys giSred the Charity Commi&sion as a CIO si¢ 2019. having previously O)ratsd undcr thc samc 5Ln¢e 1968 with t1 chaTily nvmlw 252126 whi¢b transfcrrcd irs fill¥Js to tbe CIO in jauary 2021. RetrnltTrKnt •d appoffintment ofnew trustees Trusl¢6s are appointed by Ihe mctnbers ofihe Chariiy at its Annual G¢neTa] mltk8 IA(tM}. Vacanci&s OCCU]ng b¢tweeo such lltttings may be filled by a Tesoliitsok of the Board of Tru5tce5. A rKT50n apwbint¢d illthc wy, who wis5 to Contin a tru5tCC. mV5t offtr himQJeYs¢lf for r¢-8prx)inIttl ai the nem AGM. The Jnioitllum nuttherof trustett4 is 6. All trustees are skilld to carry oui IlKir reswynsibility. 1K)ry¢r Jf fijtthet Iraulg is ideDtifie41. li will piDvided. The tnjslecs havc dclcgated (hc day to day nnInOf the Ccntrc io (hc Centrc Manager. Thc Ccntre Mana8U IS the key of staff at the Chxrity and hcr respolbilitieS incIJe StratrgiG plannJn&s the ftg¢nI tsf businew service PlOVlbiOtL siiff andpremise$. Page 3
St Joseph'5 Family Ceutre Rewprt of tbe Trustees for th¢ Yer Ended 31 DeceDther 21124 STRUCTURE, GOVERNANCE AND MANAGEMENT Key m4nagemenl rernunerjlion The Centre Manager its th¢ k¢y m¢¥ntw of $tsff at thc Charity and hi51her Te8ponsibilitie$ ]lU(k stratcgic pl8nni¥J8. the managn¢ of busine&s, seni¢¢ pn)vigion, stsff and )xemi5e& Total remuneratioll for this Tole can b¢ foutml io the staff eoststMIte. Rl8k mfiNa8ement Th¢ tn1st have a duty to identify a7 TCVieW thc Tisk$ ithich the clwity is ex and en5Lwe appropriat¢ ntrOl5 aT¢ in place to prowde relnable a&%urwKe againsi aThl etTOr. The Boanl of TTU5tCCs have considered the rnajoT Tisks to whith th¢ Charity is exp08ed aTyI hwe Tcvicwcd those risk8 esLiblishcd sMS 2nd pnKedurcs to manage those Th%k%. The TnLdees tontinllc to as the rnaJ risk& the largegl being the redwtiott in finotKial fvThlin& to which & Charity TtHy bc exp)5tyJ r¢lativ¢ to sllw"c. operarioDal. regularity alld fiJwwi&l m8tteT& It 15 Ihe ff5pon$ibility of the Boafd of in1ceS. vrith a&sistatKe from the Ccntre Mamag¢r. to ¢arry oui risk mament nalyyi% of th¢ orga¢Msation and to take apprnpna &re5. It is ihe rtsponsibility of the Cffltre Maoager lo U[¢ th.. a) a Risk Managemi oifi¢er for Ihe or8anisaiion is nominated. b) C1]¥¢ risk JTL3nagenKnt pro¢¢dw¢s are in place. applicabk (o all reievanl arcs: c) risk m3nagetD¢nt ptO¢eJlures art Tcvicl ]rgulirly: dl re¢omM¢Ddati0 arsing ou( of the risk nMjjagen)L priKe&s are el'alualed a1. if K¢¢s$8ry. implennted. e) etnployees and voluni¢¢rs a]r aware of 811 appliLable risks and familiar with tk orgatLisatLOJ]'S Tisk maJ)a8¢Thxnt REFERENCE AND ADMIIYI8TRATIVE DETAILS Reglrtered Charlty n•mber 1180172 PriDdp*l addttys 9 Mii8oum Strc¢t Warriugton Cheshire WAI IJA Truste R A BrOadTrt DT E M Diaku R W Hell1nOll M5 1. Ilall Ms A CotteT Mr5 K H Jackson Dr J P MLQrthy L Hughes (appointed 20.5.24) L E Lojjnor lappoinled 20.5.24) Pagc 4
St J•ph's Famity CeDt RtPOT of the Tru5tte5 for th¢ Y¢•r Enthd 31 De¢emb¢r 2124 REFERENCE AND ADMINISTRATIIT DETAllS Independent Ex&mlner Voisey & Co LLP Chartered Arcountsnts 8 WirJNrleigh Stre¢¢ Warrington Che$hty¢ WAI Irw BankeTS The C04>p¢rativ¢ Bank PIC POBOX 101 l BalloJL Street M60 4EP CAF Bank LiTnited 25 Kitwb Hill Avenue Kings Hill West Mailing Ket)t ME19 4JQ Nationwide Building kniety Kings Park Road Movltou Patk Northajnplo NN3 6NW Tr Charity BaThk Limited F055c Howe 182 High Streel Tonbrid8e TN9 IBE Approved by oid¢r of the ix)ard of on I l A"]3025 si1 on its behalf br. RA Broadb¢Di- Trn$l¢e Page 5
epe•dent Eumkner's Report to the Trust¢ex of St Joseph's Family Centre Indepe]eTht eumimer'g report to the tntstees •f 8¢ Jogeph's F•mily Centre I report to th¢ charity tnkstees on my examinatioTTr of a¢¢owits ofsi Joseph's Farnily Ccntre (the Tnjst) for ¢h¢ year ended 31 Decenther2024. R¢spoDslbiUtles *•d ba815 ofreport As th¢ charity trlJ$tees ¢f tht Trust you are reSW)91b1¢ for the of th accoutts in accord&n¢e With the requirerneDts of th¢ CthaTiiies Act 2011 ('the Aer). l Ttpori in $pt of my ¢xaminalion of the Trust'5 accounts carried out wider kniion 145 of t1 Act and in carrying out my examinatlOD I bave followed all aN)lthlc DiTCCtiorks 8iven by the Charity Conmission uNler Se¢tii)n 14515)(bl of Ihc Act. Independent eiaminer's stat¢nnI Since your charitys gross in¢ome exceeded £250,(KKI your examiner must be a nrmbei of a listed body. I caD confirm thai I aro qualifjed lo undertak¢ th exart]snation 6&'a I am a nkmber ofthe Itlitute of Chartered AcctswthnL$ Jn England and Wale8 which is orbe of the listd bodiGs. I have completed my examination. I confinn that Thateritil TNtters have conE to my attenti in COTLnection with the exatnin8tion giiingme caiise to believe that ID atry llJaleTial Tlweci". Jrroullting records were not k1 in respect of the Tr1 as rryuired by S¢¢tion 130 of the Act: or the a¢¢ounls do tK)i aord th thosc rccords. or the i¢¢ourtts do TK>t con4)ly 54ryib the applicablc requirenKnts concvrning tr forni and contrni of aCCWllts S¢t out iti th¢ Charili¢5 IAL'iounts and Reports) Regulatioos 2008 other than ?ny quIterni thai the aCCOUDL5 Bive a trL]e atm1 fair l¢W whieb is not a matter COldered as part of aD indEFaellt eXaminatL I have no Concerns have Come a¢T05$ no 0r rnatt¢rs in c(mnraion with the examination Lo wthieh atttion should be dTawD iD ihis rt]K)rt In orikr to ¢nabl¢ a proper under51aT¥Jingof the aLV)wits be r¢thd. Janine Boyo BFP FCA MAAT Th¢ IMlltyte of Chartered Accounlants in Engidnd and Waks Voisey & Co LLP Chartered Acc(KJntants 8 Winmarl¢igh Strrtt Warrillgton Cheshire WAI IJW I l April 2025 Page 6
St J05eph'5 Y CtDtre St8temtnt of FIDncil Activihe5 for the Vur Ended 31 December 2024 31.12.24 Total 31.12.23 Total fullds Unr¢strittd R¢Str*ed fund Notrs INCOME AND ENDOIVfvIENTS FROM DonatitsJJs at le8acie5 52.804 51804 124241 Charft#ble atdvltl¢s Family Centr¢ 375,744 375.744 284,474 Other trading a¢tiviti¢s investmeot incotT 2.244 9,689 145 3.424 9.689 Totsl 440.481 440.481 412284 EXPENDITURE OLY Ch¥rllablc adivhl Fa1]Y Cclltrc 381.070 381.070 357,259 ET INCOI¥IE Other retO8nlsed EAl•slllosses) Gains on r¢valu&lion of fixed assas 59.411 59,41 55.025 61.WX) fjJ,9 Net moY¢nKAt In fun 121.311 55.025 RECONCILiATION OF FUNDS Totul fvnds brought tonv8rd 419,107 419.107 364,082 TOTAL FUNDS CARIUED FORW ARD 540.418 540,418 414.107 The motes forni pan of these financial ststemen15 P8ge 7
Sl J•wh's Famity Crntrr Sheet 31 De¢ember 2024 31.12.24 Total fund$ 31.12.23 Totsl fwids UnreAried Rtslricicd Notes FIXED ASSETS Tangible assets 210,178 210,178 146,100 CURREIYT ASSETS D¢biors Cash al bank and itl haA 12 6J05 345.790 6,505 345.790 50J64 244J78 352295 352.295 294,742 CREDITOKS Amou1 fJlliu¥ due within year (22.055) (22.055) (21,735) NET CURRENT KSSETS 330240 330.240 273,007 TOTAI. ASSblS I.LSS CURRENT LtABILITILS 540,4I8 540,418 419.107 NET ASSETS 540,418 540,418 419.107 FUNDS Unrestriciixl fi]nds 14 540,418 419,107 TOTAL FUNDS 540,418 419,107 The tinancial siatements were appmvgj by the Board ot"Trust¢xs snd authorisd fijr ISS on I l April 2025 and tre sigtsd on its behalf by. RA Broa(]b¢t- Trustee The ftot¢s form part of ¢lw finantial slatuwms Page 8
Si J05ryh's F•n4ty Centr¢ Notes to tbe FinaD¢ial Statements for the Yesr Ended 31 Deceffiber 2024 AccouNrtNG POLICIES Ba$1$ of pr¢p9rin% the flnAncl%l statements finattcial statements of the charity. which is a public bmefit ¢ntity umler FRS 102, havc bcen prepared in Brcordantt with the Charitieg SORP IFRS 1021 'Ar¢outhitLg •nd Rep(Atin8 by Ch8ritics'. StatemEDt of Rc¢onnnended Practice a[lICable to ¢1tieS prepaTing their a¢couJJts in a¢cordaDce with (he FinaDcial RepOrtB Standdrd appli¢8ble in the UK ard Republic of Lrelatmi {FRS 1021 leff¢¢tive l Jattuary 2019).. Financial Reporting Standard 102 Tr Finatt¢ial Rcporting Stardard applKable iTt the UK aThJ R¢pyblit of 1relat. and the Charities Acl 2011_ The financial stst¢m¢nt8 have prepared under the hisitsTithl convention. as nxmlificd by ibe rev&luatiotL of ¢trtain Thc f"la1 sraL¢menls are preparal in stsrll which is the fwKtioDal ¢urrettcy ofthe ao. Mvnetary anwnts In th¢s¢ finatial %latcnnts are ftnded ts) rwe5t £ nancil rep•rtillg 5tmdrd 102- redu¢ed dlxlosnre eJemptiN The charity ]kgs tsketL advanthge of th¢ following disclosure exemption in preparing th¢s¢ fllwjrial 5rateuRnts. a5 permittd by FRS 102 The Financial Reporting StaThJaTd applLc&ble in UK a] Rcpublic of ITcland': thc r¢quir¢mts of Section 7 Ststcment of Cash Flows. Critieal A¢¢ouThtlngJudgements nd ke). 50urce5 tsf¢siimtion •lleert4thty In the applicalion of the Charit5 &cI)Imling rK)licies. Ik IfU¢ are twuited lo rnakc judgements, estim&tes 5sumptions about the earryin8 amount of &ssets and liabilitie5 thai are apparent from other 50UfCC5. The estimates Ij associated assumptions are based on historical expeJience and ouw fa¢lors considered Lo be TelevattL Actual r¢su]ts Tllay diffe¥ from rlw esiin)titrs. The estimaies and asso¢i3ted 28sumpiions are reviewed on an on-going basis. Revisions of accounling eslinmles are recogvuisd ill period in which the ¢stinJate is revised the revisiou ivill affeLt ottly thai p¢Ax, or in t period of thc reiision and firture wktc ihL' reNision affects both currellt and fvwrc pErithl%. No crilical aCCOLmting atimates JIL?emCnts knvc made in pteparinbT thvs¢ fina1] •Lt¢m¢nts. Inton All Income is reco18¢d in the Slatct of Financial ACtIcS ortt charity ha5 Cnlitkment to thc funds, il is probable that the income 11] be receiYe4J thc amwTLt be measured rcliably. l]Kotn¢ from governmeDt whether C1th1 or rnur m ore ¢0)is the charity ha5 entitlenKni to lh¢ fiuL(Jb', atly wfolnunce condiliott% artached to the gra bave b¢¢ll il is ptr(thble that the illcome will bo rer¢ivEd and the anM)unt can be rttasuted r¢liabty and is Dot dd¢rJrd. 'or legacies, eutit]¢meDt L8 tsken a8 earlier of the date on eld[ tl Chttriry is owart that pmbate hll5 been anted. ihc tate has been flnalised and nvlification Iw Ixen nkqde by tbe executor ts) lh¢ Chatily thal 8 dislribuli(>n ryll be nude. or when a distribulion is ff¢eived from th¢ ¢stait. iieceipt of a le8acy in whok QT ITi pan, is only considere41 probable when the arJM)wil can be rn¢a5Utryi lIablY, and the Chrity h&s bttn wiified by th¢ exe¢utorfs ithL¢ntion to make a distTitrMJtion. Where lega¢iL% have tjoiified to rt)e Charity. or Charity i5 i>f the gr8llUn8 of probat¢, and the Lrikria for in¢Oj recognitioll h&8 noi bttn meL kn the legacy is disclosed as a Coniillgent asset aDd disclosed in the notes to the fmancial sts¢ennts if material. Expendltsre Liabiltiics are recogniscd as cxpetyjiture as )n a5 thctc 15 a l¢gal or ¢onsbwtivc obligation committintr the Charity ¢0 ihni cxpuxiiture. ii is rKobable that a IrdD5fcT of e¢4)nomic b¢M¢fits will b¢ rtqUiTed In setilenKnt and Ihe aniouni of th¢ obkngaiivll Can be me8sur¢d Teliably. EXpIlure L5 accouni¢d for on an acciua]s basis and has bcen clas5ifi¢d under he11 that awe¥4te all co¥t related to the categws. Wbere costs cannot diiectly attributed to particular h¢adin&% tb¢y tLaV¢ b¢a] allOted lo activitie5 on a basis t($]Sten1 wilh the use of rwurr¢5. Pa8e 9 oNinucd...
St Joseph's FJnlly Centre Ngtv to the Fwanclal StxtementS- Comtinlled for the Yur Ettd•At 31 D¢Mber 2024 ACCOUNTING POLICIFS- contiTrued Covern•tt¢¢ Costs Governance ¢osts ar¢ r¢lat¢d to gov¢rnancc ofthe clnI)Y such as thc produciion of the finaneial atc1[nts. TIn]e flled 55tts Deprteiation 15 provided at the following annual fates in order (o off exh ossei over I estimated useful life. Long leasehold Fixlures and fiitin8S Straighi line over 50 ycar5 33A c05t Prop¢rti¢s whose fair value caD b¢ Dwur¢d reliabty are kld under the revdluatioll model and ¥re ¢arri¢d #i a revalued anN)uni king thei¥ fair value ai the d&te of the valuation Itss any 5ub5qUCnt a¢¢WTwlatcd deprccialton, ard subscqucni accumulated irtipairrrnt losses. The fair I71ue of the land aDd buildings is usually con5ideTed lo bc thtir rnark¢t 74aluc. TaxatlD ThE chan'ty 15 Exty frorn rax oll 115 ch3Titsble tivi¢ies. Fund acfountlng Unrestricted fund5 can be used Hccordwjcc wth clwitsble objectives 01 the disc1 ofihe tnLses. Restricted can only be used for particulal re5trictrd PUTpose5 Within the obje¢t$ of the tltstiry. RestriLtion5 arise when specifjed b). the donor or when fimds are raised for partJ¢ulat restri¢l¢d purpo. Furthcrexplanation tsf th¢ naiure of eackn fimd is irtludcd Tn the the financial stsi¢m¢nt8. Pen0 ¢ost$ And 4)th¢r post-r¢tlr¢D)ent btlltfits The charity operates a defined coThlTibution peThsion Contrib105 payable to the thaTity'S pension ¥cheme ar¢ charg¢d to the Statetwrt of Finan¢ial Activities in tk Jviod to which thcy rclate. FlnaTll The Chariiy ¢kcLcd to ttppty thr pwvis1(m of Seaion 11 gasi¢ Fitwncial INnu)KDts' aDd Seciion 12 '0ther Financial In5truTrKnts 155U¢5' of bKS 102 to all ofits finwnrial ijtsuwwts. Fin8J)¢ial instsuments are recogni9ed in the alS ststeMl of financial position whcn thc Charity becomes pony lo the contractual proVLsLO ofthe Fitwi¢ial assets and liabilities are offset. wilh the amounts pr¢seDtd in the financial Stsiemeuls. when there is a legally enforctsble right to set off recwiscd anmyunts alld there is an intentton to 5ertle on a net ba515 tsr rcali5C thc nct and seiile the liability simultrng)usly. Basic fin2nLial assety whiib include dd)tofs a1 cash and bank balan¢e5. are itlibally meaSud 31 tyan5aL*ion price including trae[lon costs and are siibswDrty carried at amortised cost5 using ¢ffccttve ITht¢s[ moihod ]eSs Ih¢ arr2ngenJ¢nt COtL8ti1UtLs a fjnarting i]zAetitin, Whe the tra]Jsaclion is ThSured at the prcsellt value Df th¢ fllthre receipts dis¢ounted at a market rate of intertst. Financial &ets classified as receivdble withill one year not an)orfised. Other fiD•ncial Page 10 ¢onlinued...
St Jweph's Family Centrt NDtss to the TrThDant181 St8leDlliS- continued for the Year Ended 31 Decembtr 2024 ACCOUNTING POLILIFS- ¢ontlnwed Fin8nci81 instrument$ Othcr financial &ssets. includins investmits in quity instruiTnts which subsid1¢¢& asso¢iat¢s or join( IEntures, aTe initially mwured at fair va]ue. Tricb is not01[Y the IrJll5yction price. Su¢b assets are subsquently carried ai fair value and the dMn8e5 in fair value are recog]us in profit ot lo cx¢ept that itsvestmertts in equity instruments that are not publically traded aj wtM>5e fair T0t be reliably arr musur¢d at C08t le85 lrnpalrment offlttelal wcts Finati41 assets, other than tho&t held at fair Val through prnfii or Ios5. aFC assessed for indicators ofirnpaimnl at each reportiDgeryJ daic. Financial assets OTC impaird whrwE thr 1$ obj#tiv¢ •id¢ll¢¢ thac as a gUIL of one or nre eveJJts that occur1 after the iDitial recogD]tion of the financial ass4 the eMiTnwed futurE ra5b hdve bEen affeLied. If an th5S 15 irnpaiE¢d. the LrnPULrnl¢tit 1055 LS the diffeTrnr¢ bdwE¢ll the carrying Jjwmt and the P¢1 i'alue of the estimad cash flows discounted at &%s¢Y5 oflginal ¢ff¢ctivc inteffst rate. The irnPJiTrn¢Nt1055 [15¢ in profit or Ios5. Derewnltlon offin•d w¢ts Fin]dI 45s¢ts are de¢0lSed ot)ty when the contracnl rights to the cash flows from the as8et expire or ore s¢til¢d, or ivhen th¢ eonwany transfers Ihe fjnaneial tI and subsialllially all the risks and rewards of own¢rship to another entity. or if significant risks alld re7rdS of oivntrship are reLqined bui c(mtrol of th¢ asser has transferyed lo a[>th party that 15 abl6 to sell ihe asset in its Mtirety io an uttre ihird party. EtDplo)¢Y beuefits costs of the SIKL-t¢t etnpknye¢ beJfits ar¢ rwjsed as a liability and an expens4 costs ar¢ r¢quyred to h¢ rEcogni5d a5 part of th¢ c(kgts of or fixed assets. The CO of atty Ulld lioliday entitlcnKnt is recogni8cd in thc pcriod in whKh the etnployee's servL¢es ale wtteived. Temilttitin benefits rccognised imTD¢diat¢ty as an ¢xp¢llse when thr ¢On4)any is dennstrabty cooll1tted lo ieniliite the emplojwent of an employee or lo proviJ¢ b¢aefits. DONATIUiYS AND LEGACIES 31_12_24 31.12.23 Donations Gift aÈd LEwies th)nated 5erYices athd facilities 48J93 4.411 62.311 3.795 57.385 750 52.804 124,241 Pagell Contind...
St Jo5eplL'5 F•JDily Centrt Notes to the TrThDancial SlatemeDfs- cDDtinue4J for the Yegr Ended 31 Decemher 2024 OTHER TRADING ACTIVITIES 31.12.24 31.12.23 Funthai$it)g events Sundry ino)me 2244 145 2.244 145 INVEsfMENT INCOME 31.12.24 31.12.23 Depwil account inlerc5t 9,689 -1.424 INCOME FROM CBARITABLE ACTIVITIES 31.12.24 31.12.23 Activtly Family Centre Family Centre GTants Seryi¢e level agreement 6,61XI 309,144 3.125 281.349 375,744 2¥4,474 Grnnts Jr¢viv¢d. includd in the aFA)ve. a as follo.. 31.12.24 31.12.23 2.5th) 4.100 3,125 Bauer Radio 3.125 CHARITABLE ACTII'ITIES COSTS SuM)ort sts (see note 7) Direet C051s Total$ Family Crntr¢ 373.479 7,391 381.070 Page 12 cotitirtued...
St Joseph'5 F•Jnlly Cent Notes lo the Fln8ndal St8tements- tDntlnued for th¢ Yur Ee 31 Decenther 2024 SUPPORT COSTS FinaT (Xher ¢osts Totals Familycentre 2.945 65 807 3.774 7.591 TRUSTF.ES' REMUNERATION AND BENEFITS There were no In¢s. m¢u0n or otr for year ejmkd 31 Deceth 2024 Dor for the year ¢JKled 31 D¢ttt)Jb¢r 2023. Trustees, e¥peD5e5 There re no trustee5' expetk8es paid for the year aldcd 31 Decem 2024 tb)r ftr th¢ y¢4r eTrtsl 31 December 2023. STAFF COSI3 31.12.24 31.12.23 Wages and salan" So¢io1 se¢urity ¢OSts OtlKr pe10n costs 282.949 18.614 5.899 250,041 14.589 5.041 307.462 275,671 The avcragc thIyUUbts of ¢mployr¢s duringthe ycarwas as follows: 31.12.24 31.12.23 Matwgtm¢nl ntre statr Counsellor5 14 13 No employees receiv e)It$ in excess of £&).IKKI. K¢y maDa¥ettnt F*T$lle1 receii.ed remunerntion and ¢mployee benefits totallillg £50.075 {2023.. £54.450). This Iw decreased during Ihe 2024 fJJJan¢ia] ytrdr du¢ to tor y¢ar includjng Ihe handov ofthe posiliojj and oveiJ¥p of the salari¢s for a sl¥)rt lod. Pag¢ 13 continued...
StJ05eph'5 FI61Y Centre Notes to the Flnancial Stalemtnts- ctinUed for the YeAr Ended 31 Decenther 2024 EPENDENT EXAMif4ER'S FEES During the jr ihe cost of the Ind¢p¢Thl¢m ExanT, f¢e wa5 £1,639 (2021 - £1,.5621 atyl accoLll)taDcy Services providcd weT¢ £2.IIX) {2021_ £2.0791. TANGIBLE FIXED WETS Fixbjres tsnd fittings Long ka%cknld Totals COST OR VALUATtoN At l January 2024 Addili0iE5 Di5P05ai$ kevaluatiork 165.(MMI 36569 2.985 {4201 201569 2,98S 14201 41.IX)O 41.1 At 31 De¢eller 2024 206,(KM) 39,134 245.134 DEPRECIATION At l January 2024 Char8¢ for ye4r Eliminated QD di4)osal Revtylualion adjusiin¢nts 20.9CH) 34569 55.469 (4201 (420) (20,900} {20.gN)) At 31 December 2024 34,956 34.956 NET BOOK VALUE Ai 31 tkceffikr 2024 4,178 210.178 At 31 tkcernbcr 2023 144.IOD 146.100 C05t or valuation * 31 Dcccnlbcr 2024 ts rq)trsctrtcd by. Fixtures and fittit Long leats)1d Totals Valuatson in 2024 Cost 206.(MXI 206.01)0 21hS.(MXb J9.134 245,134 tand a1 buildings with a carrying wd¢ of I144.1) rci'alued at 211 Novembcr 2024 by PuTpIE Rricks Eslate Agen Dn an cxisiing Market value basis. Purple Brick5 nol ¢O[uK¢tl the cllarity, The valuation iTros based on r¢¢¢Dt market IrdnsaLtiolls all ami's length basis for simijar pn)pertie5 aDd th¢ capital walue was ODSIder to be £206,000. The historiial Lost of th¢ PrOpY is £67259. Page 14 CODfinued...
St Josepb'5 Family CeDtrt Note5 to the ¢1#] Stalemenl$- continutd for the YeAr Ended 31 December 2024 12. DEBTORS: AMOUNTS FALLING DUE IVITH]N ONE YEAR 31.12.24 31.12.2. oth¢rdebrS Prepayments 2nd accrued iome i.01.I 5.492 4.703 45.661 6,505 50.364 13. CREDITORS: AMOUNIS FALLING DUE wrtHIN ONE YEAR 31.12.24 31.12.23 Othcr crcdilors 22.055 21,735 14. IOITI¥IENT IN FUNDS Net At 31.12.24 Atl.1.24 in funds Unrestrld¢d funds Gen¢T31 fimd Contingency R¢valuation rofeti'e Designated develnnt 220.671 35.554 109,515 53.365 59,411 280.084 35.554 171.415 53.365 61.900 419,107 540.418 TOTAL FUNDS 419.107 121Jll 540.418 Net ttN)verrM( in Includ in the aiK)v¢ aTe tiAIowA'. C]ain8 losses eKwhled in fun& UDre5trfct¢d fu*d$ General fund Rcvalualion r¢ser¥e Dcsignated deVelont fund 425.481 (366.070) 59.411 61,900 61.9(M) 15.( (15.(KM)) 440.481 (181,0701 61,9(K) TOTAL FUNDS 440.481 (381.0701 61,900 121.311 Pag¢ 15 continued...
St Joseph's FAmlly Centre Notes to the Stthmcnts- enmtinuI for the Yer Ettdtrl 31 Decekn 2024 14. MOVEMENT IN FUNDS- tontinued Compar¥4tive5 for movernent in Net IMvcJMt iij ndS At 31.12.23 At 1.1.23 Unresirfcted funds G¢neral futhd Contingency reseTVC Revaluation Te5erve Designated (kveloprnt nd 165,648 35.554 1(19.515 53.365 56,980 222.628 35,554 107.560 53 J65 {1.955) 364.082 55.025 419.107 TOTAL FUNDS 364,082 55,025 419,107 CoTW)arauve n¢t llveMent 1]] inclth th¢ alw)i'E are a5 follow3: Resources Moveme in Unrestricted fndS General futtd RelUatIo TC5er4'C DeSIgttcd dcVCloplll fill¥J 398.294 {341J14) {1.955) {13.9) 56.980 11,¥55) 13.990 412.284 {357259) 55,025 TOTAL FUNDS 412284 {357.259) 55.025 A Lur(ent yEar 12 months and syior year 12 nKTrnths combith&l w6itiOn is as follows: Net venni in funds At 31. 12.24 At 1.1.21 UnreitrKted fynds Crenerdl filnd COnting¢Y reserv¢ Revaluation reser¥e Designaied develop[1 fiu 165,648 35,554 109,515 53.365 116,391 282.0_19 35.554 169,460 53.365 59.945 364,082 176 J36 540.418 TOTAL FUNDS 3(A.082 176J36 540.418 Pag¢ 16 coniinud...
Sl Jwh's Family CeDtr¢ Note5 kn the StsteTheTrts- for the Yewr Ellded 3J Dpfember 2024 14. MOVEMENT IN FUNDS- eontinued A cutT¢EJt year 12 Jnonths and prior y¢ar 12 rtN)ntlLS combitjed rMyvemeM in fu5. inClded in thc above aJ¥ as follo.. Resources Gains and Moi"cmcnt in fuT5 Unre#rl¢ted funds General fimd RLvalualion rerVe tksignatrd developnKnt tund 823.715 (707,3841 (1.9551 (28.990) 116,391 59,945 61.* 28.9)0 852,765 {738.3291 61.900 176,336 TOTAL FUNDS 852.765 {738.329) 61.wo 176.176 15. RELATED PARTY DISCLOSURES TIL¢re w¢re fto reL4ted P8Tty trSli0$ for the ye•r ¢ThJed 11 De¢emkn 2024. 16. FUNDS Contlngency Reserve rhc rcservc has been preViSlY calculated by die &$ the amount stt &side lo mcct the costs of the charity ecasing io operate a Family CcThtre. Tr level is TeWed anTn]ally and for the eTMI of 2024. the tTUStees believe thai the PTe¥¢ni figure is Sufficie for thal purw>s¢. Rev#lu#tion Reserve This fulld the i'olvatiom mJJ¢ ots thepwprffj ovcr a mmthrof years with d4)rlatio1] being dtductcd frotn it annually. Deslgnited Devehwjnent Reierve The ryserve 15 held io support services ptovided by the clmriry lch are 5UPPOrted by NIIS fiding. See note bclow. Restrfeted-Progre5slvt developmw•t The progreuive develOpn1 futtd aTose as a Tesull of a legacy ree¢iv¢d by th¢ Lharily of£5_3.165 ill 2017. due lo the IwaLy b¢ing rill8-fed by the èrfwd supp)n 5mifts tKbt 5UPP)rt¢d by NHS fut1n A subsequent grant of .¢1 reLxiYcd in 2018 atld a final grant from thc Stcvc Morgan FoutKiation rLxeived in 2020 of £6.686 was ed for Ihe pllrCh of laptops lo allow home-workin8 during the Covid-19 pandemic. All monies ouilined atrM)ve. have been lliiliscd for their inlended rPOSe and capital assets Purch&5 wth the Bran1$ ar¢ now fully depr¢¢iated. CoJJwu¢ntly, th¢ b812n¢¢ o(th¢ ai tht Lnd of 2022 w<s nil and refcrencc to th¢ fithd shall longer bc mad¢ from financial yeat 2024. Page 17 coniillued...
StJoseph's Famity C¢Rtr¢ Notes l• tbt FI•tIl stalents- ¢•t1med for the Y¢•r Eoded 31 Derember 21)24 17. PENSION SCHEME The charity operates a defioed contribut?oll schen. The aS of ihe sche]De are held separately from the a55ets of the clwity itl atl ifKi¢pdrrLtIY adminisl¢r¢d The nSion Cost charge represents contributions paydble by the harity to the fid and arnounted to £5.99 (2023.. £5.0411. Page 18
St Jostph's F•wlty Ctmtre Detailed St¥lellnt ofFiuaDTiil Aetivts5 for the Year Ended JI Decejnber 2024 31.1 24 31.12.23 INCOfvIE AIYD EIYDOWMEiYIS Donations Gift aid Leg¥ies Dtsnated 5ervicfs ar¥i fycilities 48J93 4.411 62,311 3,795 57.385 750 52,804 124241 Oiher tradlng ctMdes Fululraising tvthls Suthty inci)u 2244 145 2244 145 L)05]t acrount int¢r¢st 9.689 .1,424 Charltabk acthltle5 Grants Service kvcl a¢tlt 3,125 281,349 369,144 375,744 284.474 Totgl IDcoJthg resources 440,481 412,284 Ch*rlt•ble #ctlvltles Wage5 Social 8Urity Pens20ns Ratey a1 water InsLranc¢ Li¥ht arml hEat Tclcphon¢ Pi>$18g¢ 8nd stationery Repairs a1 renewals Parking space Pa5totAI & welfare PrOf10n&1 services Tr8illiDg 282,949 18.614 5,899 391 5201 3.926 5537 4.810 12.040 3.120 26365 256.041 14.5119 5.041 780 2.300 3.703 5.828 4.940 19,936 2.400 18.724 1.518 710 5.850 1.410 3J17 tr 373,479 342,360 Thi$ page does forulpart olthe statutory finattial Page 19
St Jiwb's Famlty C¢ntre Ikt•lled Stllteme•t of FI•1 ActlwltlÈi for the Year Ended 31 Deeembtr 2024 31.11.24 31.12.23 $ppOrt costs Man•g¢ment Sun(trie$ 2.945 2.566 FIDAnee Bat)k charges 65 60 Other Long le1]01 Fixthres atKi fittin8S 807 5.297 807 8.597 GfjvernaDr¢ rost5 L¢ga] & PTDfc55iollal ftts ITJdqKndcnt cxam]'S fce 35 .639 2,1(K) 35 1.562 2,079 3.774 3.676 Totsl r&wurc¢s expend 381,070 357.259 Net l•tome 59.411 55.025 This page thes T1 formpart oftbe *atuiOry fin]81 Ststtnts Page 20