REGISTERED CHARTfY lYu￿(BER. IJ80172 RepoTt of tht Tr¥stees Un*udlled Flnancl*l s￿￿1¢￿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 P*ge Report of tht Trry%ltts IDdependent E¥*mth¢r'$ Report Statellrllt of Flw•nd•l Acifvllk5 Bal#Trte Skeet Nutei lo th¢ F5**n¢ial Stxt¥nMts 9 10 18 Detslltd Ststen*nt of Fin*tt¢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$trs have adopt¢d the provisioos of AccouDiJng a￿] Rep￿Ing by Ch&riftes.' Sthtemeni of Recotntncnded Practi¢¢ applt¢able io clNqriii¢s pr¢parin8 their accounls in accordarKe with Lhe FinarKial Reptbrting SiandaTd applicable in ihe UK aT¥J Republir of Itt]attd (FRS 1021 {¢ff¢¢tive l January 20191. OBJLCI'IVES AND A￿]VIT[F3 ObJectlve5 ¥nd gims The pritLcipal obj¢ctiv(s of the Chwiry ar¢: For public knefit to ajkviatc distr￿$ ￿V$¢d by the bwak-wb of famili&s by such mean5 BS the trustees may fiorn time lo time determine including thc ptOVi5ion of child conthd servicffj family medi3tiotL Ind family couns¢llittg to per80ll5 living or working in lh¢ ar¢& of bcnefit For the public b¢nrfJt to SUPPDTI ad￿ts atMI children experiencin& or at risk of cxpcrienciDg a￿tional and prychologi¢al health PTobleTr￿ in th¢ aTEJ of b¢uefit by rywns a$ 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 fo￿1 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 b￿￿frt when reviewing the Tru5e$ aTyJ Objecti￿ and in piatming futute xtivitid Volunteers St Josq)b's F￿r]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[[d￿r 2024 ACHIFVEMEIYT AND PERFORMANCE Charitable &¢tlvid Tr￿st￿S 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 ￿ntill￿d ro perforni w¢ll agaiDs1 colllra¢t tYquirellJ¢tL15. During thr currciit contrKI )rar12024r251 circa 2,(th Children's Coul￿11)ng 5e5510DS Ivere attcnd¢d which is S￿/th highcT thart the previo￿5 year following th¢ incrca5c in this provision and w¢ havc $ignifi¢antly reduced w*itiT)g timcs. The targets for Adult Coullscliing will be exctcded exception of allger inanag¢ment artd discu￿l￿n$ abo￿ future provision of ¢his setsitt are on￿llIg. Both camtracis have been renewed for the 2025126 contra year b¢ginnin¥ l April. Thc c¢J￿re Conti[￿￿d its valucd role as a cmld contact en(ef and 30 familics in the y￿r I￿1th 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 (Holida￿8 a￿j 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 i1￿0me 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￿. Tn￿cS 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 Chall￿￿ng year. Wc WCTC SOTry lo se¢ the departure of sonK longststyjing sthff a￿d deligh*d to 1￿cleOn* TKW nthJb¢TS to the t￿m. 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 i￿0￿¢ of £59.411 {2023- Thet illCODK of £55,025). AccuDwia*d fimds an￿ut)it0 £540,418 (2023 - £419,107) InveStn￿llt polky and obj￿Ilve5 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 fu￿1$. e) Which minitnige countew risk. Typp$ oflttvestmemt Inv¢Si￿n￿ are 10 be Tmde ohly ith invesbnent t)yes Mthich thc T[￿terS havc approved ("ApprOV￿ Invest￿￿rtt 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 ￿￿￿.￿n￿rnI operaiioll at 25% of budgaed annual expendilurt, being £IO.I,000 based on the 2025 budget. The restTru targtt h&8 been excccded ai )t4re￿J 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 sin￿r¢ and rcsourc￿ to ensure the Ctwty tETna1￿$ a goittg cofteern. FUTVRE PknINS The Trusi¢¢¥ plan io witinue reSpOr￿1]ng lo ik ￿ed$Of faTBilit4 thildr¢llaDd ￿￿1VIdual$ in thearea who require t￿￿tional pra¢tiGJl 5UPWrt. The TnJ%te&8 8re Comr￿tted io providing a Contsct 50 that ¢hildrell ran spend ume with the ￿O￿lEsident parent in ) safe and non-irn¥iiiUiiOllal settillg. However. TTh5*£5 the ¢oDtinuing i￿lE￿$ in wmplexxly surrouiiding rh¢ dttnarnls for and thats￿e ot'this latgety Ullfijnded ￿r¥bee. CouA8tlling progr8ms for Childrcn and Adults reffjain ¢thtrJl to J¢tiiiti¢s ond Tws*es 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 fo￿4, toilL*r1￿ arml childrell's clothing for distriixrtion during the ycar grnteful tts rtM)s¢ Individ￿1* 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 G￿ernIng document Th¢ charity is controlled by its governing th>cuW a deed of tt)Jst and cO￿ltUle¥ yt)tncO￿A)[ak￿I charity. Charlty ¢onslltutlo St J05¢ph'5 F&mily CentrE hys ￿giS￿red 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 ja￿uary 2021. RetrnltTrKnt •*d appoffintment ofnew trustees Trusl¢6s are appointed by Ihe mctnbers ofihe Chariiy at its Annual G¢neTa] m￿ltk8 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 w*y, who wis￿5 to Contin￿ a tru5tCC. mV5t offtr himQJeYs¢lf for r¢-8prx)inI￿ttl ai the nem AGM. The Jnioitllum nuttherof trustett4 is 6. All trustees are skilld to carry oui IlKir reswynsibility. 1K)￿ry¢r Jf fijtthet Iraul￿g is ideDtifie41. li will piDvided. The tnjslecs havc dclcgated (hc day to day n￿nIn￿Of the Ccntrc io (hc Centrc Manager. Thc Ccntre Mana8U IS the key of staff at the Chxrity and hcr respo￿lbilitieS incI￿Je StratrgiG plannJn&s the ft￿g¢n￿I tsf businew service PlOVlbiOtL siiff andpremise$. Page 3 St Joseph'5 Family Ceutre Rewprt of tbe Trustees for th¢ Ye*r 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 manag￿n¢￿ 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 a￿7 TCVieW thc Tisk$ ￿ ithich the clwity is ex￿ and ￿ en5Lwe appropriat¢ ￿ntrOl5 aT¢ in place to prowde rel￿nable 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 s￿*MS 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 sll*w"c. operarioDal. regularity alld fiJwwi&l m8tteT& It 15 Ihe ff5pon$ibility of the Boafd of in1￿ceS. vrith a&sistatKe from the Ccntre Mamag¢r. to ¢arry oui risk ma￿￿￿ment 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) C￿￿1]¥¢ risk JTL3nagenKnt pro¢¢dw¢s are in place. applicabk (o all reievanl arcs: c) risk m3nagetD¢nt ptO¢eJlures art Tcvic￿￿l ]rgulirly: dl re¢omM¢Ddati0￿ arsing ou( of the risk nMjjagen￿)L priKe&s are el'alualed a￿1. if K¢¢s$8ry. implen*nted. e) etnployees and voluni¢¢rs a]r aware of 811 appliLable risks and familiar with tk orgatLisatLOJ]'S Tisk maJ)a8¢Thxnt REFERENCE AND ADMIIYI8TRATIVE DETAILS Reglrtered Charlty n•mber 1180172 PriDdp*l addttys 9 Mii8oum Strc¢t Warriugton Cheshire WAI IJA Truste R A BrOad￿Trt DT E M Diaku R W Hell￿1n￿Oll M5 1. Ilall Ms A CotteT Mr5 K H Jackson Dr J P MLQrthy L Hughes (appointed 20.5.24) L E Lojjnor lappoinled 20.5.24) Pagc 4 St J•*ph's Famity CeDt RtPOT* of the Tru5tte5 for th¢ Y¢•r Enthd 31 De¢emb¢r 2124 REFERENCE AND ADMINISTRATIIT DETAllS Independent Ex&mlner Voisey & Co LLP Chartered Arcountsnts 8 WirJNrleigh Stre¢¢ Warrington Che$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 ￿ si￿1 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 ￿$p￿t of my ¢xaminalion of the Trust'5 accounts carried out wider kniion 145 of t1￿ Act and in carrying out my examinatlOD I bave followed all aN)lthlc DiTCCtiorks 8iven by the Charity Conmission uNler Se¢tii)n 14515)(bl of Ihc Act. Independent eiaminer's stat¢n￿nI Since your charitys gross in¢ome exceeded £250,(KKI your examiner must be a nrmbei of a listed body. I caD confirm thai I aro qualifjed lo undertak¢ th exart]snation 6&'a￿ I am a nkmber ofthe It￿litute of Chartered AcctswthnL$ 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 k￿1 in respect of the Tr1￿ as rryuired by S¢¢tion 130 of the Act: or the a¢¢ounls do tK)i a￿ord ￿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 ￿quIte￿rni thai the aCCOUDL5 Bive a trL]e atm1 fair ￿l¢W whieb is not a matter CO￿ldered as part of aD indEFaellt eXamina￿tL I have no Concerns have Come a¢T05$ no 0￿r rnatt¢rs in c(mnraion with the examination Lo wthieh att￿tion 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 FID*nci*l 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 Fa￿1]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 UnreAri￿ed Rtslricicd Notes FIXED ASSETS Tangible assets 210,178 210,178 146,100 CURREIYT ASSETS D¢biors Cash al bank and itl ha￿A 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 ¢1￿￿tieS prepaTing their a¢couJJts in a¢cordaDce with (he FinaDcial RepOrt￿B 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¢ finat*ial %latcn*nts are ft￿nded ts) rwe5t £ nanci*l rep•rtillg 5t*md*rd 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¢siim*tion •lleert4thty In the applicalion of the Charit￿5 &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 I￿j 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 ￿ J￿IL?emCnts knvc made in pteparinbT thvs¢ fina￿1￿] •Lt¢m¢nts. Inton All Income is reco￿18¢d in the Slatc￿t of Financial AC￿￿tIcS 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 C￿1th1 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¢en*nts 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. EXp￿Ilure L5 accouni¢d for on an acciua]s basis and has bcen clas5ifi¢d under he￿11￿ that awe¥4te all co¥t related to the categws. Wbere costs cannot diiectly attributed to particular h¢adin&% tb¢y tLaV¢ b¢a] allO￿ted lo activitie5 on a basis t(￿$]Sten1 wilh the use of rwurr¢5. Pa8e 9 oNinucd... St Joseph's F*Jnlly Centre Ngtv to the Fwanclal StxtementS- Comtinlled for the Yur Ettd•At 31 D¢￿Mber 2024 ACCOUNTING POLICIFS- contiTrued Covern•tt¢¢ Costs Governance ¢osts ar¢ r¢lat¢d to gov¢rnancc ofthe cl￿nI)Y such as thc produciion of the finaneial ￿atc1[￿nts. TIn￿￿]e flled *55tts Deprteiation 15 provided at the following annual fates in order (o off exh ossei over I￿ estimated useful life. Long leasehold Fixlures and fiitin8S Straighi line over 50 ycar5 33*A c05t Prop¢rti¢s whose fair value caD b¢ Dwur¢d reliabty are kld under the revdluatioll model and ¥re ¢arri¢d #i a revalued anN)uni king thei¥ fair value ai the d&te of the valuation Itss any 5ub5qUCnt a¢¢WTwlatcd deprccialton, ard subscqucni accumulated irtipairrr*nt losses. The fair I71ue of the land aDd buildings is usually con5ideTed lo bc thtir rnark¢t 74aluc. TaxatlD ThE chan'ty 15 Exty frorn rax oll 115 ch3Titsble *tivi¢ies. Fund acfountlng Unrestricted fund5 can be used Hccordwjcc wth clwitsble objectives 01 the disc￿1￿ ofihe tnLs*es. Restricted can only be used for particulal re5trictrd PUTpose5 Within the obje¢t$ 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. Pen￿0￿ ¢ost$ And 4)th¢r post-r¢tlr¢D)ent btlltfits The charity operates a defined coThlTibution peThsion Contrib￿10￿5 payable to the thaTity'S pension ¥cheme ar¢ charg¢d to the Statetwrt of Finan¢ial Activities in tk Jviod to which thcy rclate. FlnaT*l*l 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 a￿l￿S ststeM￿l 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 a￿1 cash and bank balan¢e5. are itlibally meaSu￿d 31 tyan5aL*ion price including tra￿e[lon costs and are siibswDrty carried at amortised cost5 using ¢ffccttve ITht¢￿s[ moihod ￿￿]eSs Ih¢ arr2ngenJ¢nt COtL8ti1UtLs a fjnarting i]zA￿etitin, Whe￿ the tra]Jsaclion is Th￿￿Sured 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 St8leD*lliS- continued for the Year Ended 31 Decembtr 2024 ACCOUNTING POLILIFS- ¢ontlnwed Fin8nci81 instrument$ Othcr financial &ssets. includins investmits in quity instruiT*nts which subsid1￿¢¢& asso¢iat¢s or join( IEntures, aTe initially mwured at fair va]ue. Tr*icb is not￿01[Y the IrJll5yction price. Su¢b assets are subs*quently 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 a￿j wtM>5e fair ￿T￿0t be reliably arr musur¢d at C08t le85 lrnpalrment offl**ttelal wcts Finat*i41 assets, other than tho&t held at fair Val￿ through prnfii or Ios5. aFC assessed for indicators ofirnpaim￿nl at each reportiDgeryJ daic. Financial assets OTC impaird whrwE th￿r 1$ obj#tiv¢ •id¢ll¢¢ thac as a ￿gUIL of one or n￿re eveJJts that occur￿1 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 estima*d 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￿¢0￿lSed ot)ty when the contracn￿l 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 re￿7rdS 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 SIK￿L-t¢t￿ etnpknye¢ beJ*fits 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 Ull￿d lioliday entitlcnKnt is recogni8cd in thc pcriod in whKh the etnployee's servL¢es ale wtteived. Temilt￿titin benefits rccognised imTD¢diat¢ty as an ¢xp¢llse when thr ¢On4)any is den￿nstrabty cooll￿1tted lo ienilii￿te 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 Contin￿d... 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 E￿￿e￿ 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 ot￿r 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 pe￿10n costs 282.949 18.614 5.899 250,041 14.589 5.041 307.462 275,671 The avcragc ￿￿￿thIyUU￿bts of ¢mployr¢s duringthe ycarwas as follows: 31.12.24 31.12.23 Matwgtm¢nl ntre statr Counsellor5 14 13 No employees receiv￿ e￿￿)I￿￿*￿t$ in excess of £&).IKKI. K¢y maDa¥ett*nt F*T$￿lle1 receii.ed remunerntion and ¢mployee benefits totallillg £50.075 {2023.. £54.450). This Iw decreased during Ihe 2024 fJJJan¢ia] ytrdr du¢ to ￿tor y¢ar includjng Ihe handov￿ ofthe posiliojj and oveiJ¥p of the salari¢s for a sl¥)rt ￿lod. Pag¢ 13 continued... StJ05eph'5 FI￿61Y Centre Notes to the Flnancial Stalemtnts- c￿￿tinUed for the YeAr Ended 31 Decenther 2024 EPENDENT EXAMif4ER'S FEES During the j￿r ihe cost of the Ind¢p¢Thl¢m Exan￿T￿, f¢e wa5 £1,639 (2021 - £1,.5621 atyl accoLll)taDcy Services providcd weT¢ £2.IIX) {2021_ £2.0791. TANGIBLE FIXED WETS Fixbjres tsnd fittings Long ka%cknld Totals COST OR VALUATtoN At l January 2024 Addili0iE5 Di5P05ai$ kevaluatiork 165.(MMI 36569 2.985 {4201 201569 2,98S 14201 41.IX)O 41.1 At 31 De¢ell￿er 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 lea￿ts)1d Totals Valuatson in 2024 Cost 206.(MXI 206.01)0 21hS.(MXb J9.134 245,134 tand a￿1 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¢t￿l ￿ 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¢ PrOp￿Y is £67259. Page 14 CODfinued... St Josepb'5 Family CeDtrt Note5 to the ￿￿￿￿¢1#] Stalemenl$- continutd for the YeAr Ended 31 December 2024 12. DEBTORS: AMOUNTS FALLING DUE IVITH]N ONE YEAR 31.12.24 31.12.2. oth¢rdeb￿rS Prepayments 2nd accrued i￿ome i.01.I 5.492 4.703 45.661 6,505 50.364 13. CREDITORS: AMOUNIS FALLING DUE wrtHIN ONE YEAR 31.12.24 31.12.23 Othcr crcdilors 22.055 21,735 14. IOITI¥IENT IN FUNDS Net At 31.12.24 Atl.1.24 in funds Unrestrld¢d funds Gen¢T31 fimd Contingency R¢valuation rofeti'e Designated devel￿n￿nt 220.671 35.554 109,515 53.365 59,411 280.084 35.554 171.415 53.365 61.900 419,107 540.418 TOTAL FUNDS 419.107 121Jll 540.418 Net ttN)verrM( in Includ￿ in the aiK)v¢ aTe tiAIowA'. C]ain8 losses eKwhled in fun& UDre5trfct¢d fu*d$ General fund Rcvalualion r¢ser¥e Dcsignated deVelo￿nt 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- enmtinu￿I for the Ye*r 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 (kvelop￿rnt ￿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 ll￿veMent 1]] inclth th¢ alw)i'E are a5 follow3: Resources Moveme in Unrestricted f￿ndS General futtd Re￿lUatIo￿ TC5er4'C DeSIgt￿tcd dcVClopll￿￿l 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 ven*ni 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 fu￿5. inCl￿ded in thc above aJ¥ as follo￿.. Resources Gains and Moi"cmcnt in fuT￿5 Unre#rl¢ted funds General fimd RLvalualion r￿erVe 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 tr￿S￿li0￿$ for the ye•r ¢ThJed 11 De¢emkn 2024. 16. FUNDS Contlngency Reserve rhc rcservc has been preVi￿SlY calculated by die &$ the amount stt &side lo mcct the costs of the charity ecasing io operate ￿ a Family CcThtre. Tr level is T￿￿eWed 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)r￿latio1] being dtductcd frotn it annually. Deslgnited Devehwjnent Reierve The ryserve 15 held io support services ptovided by the clmriry ￿lch are 5UPPOrted by NIIS fi￿ding. See note bclow. Restrfeted-Progre5slvt developmw•t The progreuive develOpn￿￿1 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-f￿￿ed by the èrfwd ￿ supp)n 5mifts tKbt 5UPP)rt¢d by NHS fut￿1n 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$18g¢ 8nd stationery Repairs a￿1 renewals Parking space Pa5totAI & welfare PrOf￿10n&1 services Tr8illiDg 282,949 18.614 5,899 391 5201 3.926 5537 4.810 12.040 3.120 26365 256.041 14.5119 5.041 780 2.300 3.703 5.828 4.940 19,936 2.400 18.724 1.518 710 5.850 1.410 3J17 tr 373,479 342,360 Thi$ 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 le￿1]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 T￿1 formpart oftbe *atuiOry fin￿]81 Ststtn￿ts Page 20