Known as Abbey People (Reglstered charlty no. 1180560) REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Report and Accounts
ABBEY PEOPLE CIO (Reuistored charity no. 1180560) REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2024 CONTENTS Page Rofernneè and admln15tratfve details Trustees, Report Indgpgndent examlner's report SL*èment of financial actlvltles Balanc& sh• 14otes to the financial statements
ABBEY PEOPLE CIO REFERENCE AND ADMINISTRATIVE DETAILS For the year ended 31 March 2024 Posibon Elected Chair 2510312021 Secretary FC 2510312021 Treasurer 2510312021 General Trustee OC 25103Q021 & chair OperatK)ns corntnit188 General Truslee 0510712019 General Trustee 07102Q019 1611112023 G8n8ral Trusiee 2510312021 & Safeguarding Officer General Tru8t8e OC 2510312021 G8n8ral Trustee OC 2510312021 General Trustee FC 22111021 General Tnjstee 2910912022 Genoral Twsiee 16111r2023 Resigned Trustegs James Pilgrim Peter Gotham Joanna BromwGh Lynsey Stafford Jo Brasher Nicky Mass8y Sharon Secker Henry Kite Jusline McLachlan Mike Kovacs Abdul Hye R05s Irvin8 Membershlp ofoperatlons committee shown above Membèrship of facilitie5 cornmitt88 shown abovg 'oc' 'FC' Chl•f Ex•cutl Offletr Nicky Shepard Charlty reg. no. 11805fA) Regi$t•rod offl¢• Thè Hub, 15 Bamwall Road. Cambridge CBS 8RG Telephonèlfax 01223 211945 Emall abbe le.o .uk Web*ito vAYw.ab .uk Ind•pgndont •xamlnor Geoff Mann FCIE Geoff Mann knmited ee House. Highworth Avenue Cambridge C84 28Q Prfmary bankers CAF Bank Limited 25 Kings Hill Avenue Klngs Hill, W8St Matling, Kent ME19 4JQ
ABBEY PEOPLE CIO TRUSTEES. REPORT For the •ar ended 31 March 2024 The Trustees submit their annual report and the financial statements of Abbey People CIO for the year ended 31 March 2024. The Trustees have adopted the provisions of the Statement of Recommended Practi ISORPI 'Accounling and Reporbng by Charities. IFRS 1021 in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies sel out in the notes to the financial statements and (L)mp with the chariws goveming document, the Charities Act 2011 and Accounting 8nd Reporting by Charities.. Statement of Recommended practi applicable lo charlll6s preparing their accounts in ardance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. Objects To promote for the benefit of the inhabi18nt$ of Abbey Ward in Cambridge the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facllltles by reason of their youth, age, infimiity or disablement, financial hardship Dr sockgl and economic circumstsnces or for the public at large in the interests of social welfare and with the object of improving the condition of lrfe of the Said inh8bilants. For the benefit of the inhabitants of Abbey Ward in C8mbridge and SuoUnd1ng areas in particular but not exclusively. 1. The promsion of facilities for recreation or other leisure lime occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablernent. financial hardship or social and economic circumstances or for the ptjblic at large in the interests of soclal welfare and with the object of improving the condibon of Iwe of the said inhabilanls. 2. The prevention or relief of poverty or financial hardship by.. the provision of food, items, services and facllilies lo individuals in financial n8ed_ Contributing lo and co-operating wth charities and other organisalions working to prevent or relieve poverty from wsthin abbey and the surrounding areas. 3. To promote sustainable dev8lopmenl for the benefit of the public by the presarvation, conservation and the protection of the environm8nt and the prudent use of resources. To advance the education of the public in Subj1$ re131ing to sustsinable development and the protection, enhancement and rehabilttation of the environment. 4. To advan in lrfe and help people through providlng support and 8Ctwities which develop their skills, capacities and capabilities lo enable them lo thllve and reach their potential in lrfe. Structure. govemance and manag8ment Abbey Peopl8 CIO was formed by a goveining dment dated 10th May 2018 and was registered as a charity on 5th November 2018. As part of our strategic review of our activities. the Trustees hav8 reviewed our charitable objecls. The Trustees wanted to ensure the objects fully reflected the scope of work we do, as well as keep the charity in a strong position to support our communty, especially as proposed changes to our area start lo make an impact on local residents. New objects, setting out our four key work areas, and expanding our geographic reach were approved by an Extraordinary General Meeting on the 2151 September 2023. and are now reflected in our constitution. The Trusle8s seNed during the year and are serving currenty are shown on page 1. New Trustees are recruited to support the objects of the Charity, by resolution of the Trustees as laid down in the Constitution. The Board oversees the Charitys managem8nt and operation, with the Operations Committge having oversight of the delivery of our w&de range of support to the local community. We are also fortunate in having a very engaged and dynamic staff team.
ABBEY PEOPLE CIO TRUSTEES, REPORT For the ar ended 31 March 2024 Review of activities and achlevements Throughout the past year, we experienced growth in many projects, built new partnerships, welcomed new team members, and mel high levèls of demand. Our WOTk included over 2,250 volunteer hours and over 10,000 interactions with the community. More than 100 people regularfy engaged in volunteering aclivilies. In addition to onwff and corporate volunteering. Work wlthin our thrèe-year strategic plan continues to be focused on OUT four key work areas. This ongoing work included helping 586 individuals, distributing 565 food parcels, and hosting 291 support sessions across the Helping Each Other program. Within the Food Hub, we expanded provisions, foSted partnerships wth CSF and Feeding Britsin, and addressed the escalating demand against the backdrop of minimiing surplus from supermarkets. Focus on Abbey funding wll allow us to carry out much needed work to develop the Food Hub provtsion into 8 Social Supermarket by the end of 2025. Under the 'Creating a morg SUStainabl8 environment strategy area, we w8lcom8d Calvin Herman and Emma Jordan into our team in Novamber, conlribuling to the River Cam Can project led by Cambridge Past Present and Future and partnering with CoFami, Cambrfdge Clty Council and Water Sensitive Cambridge. Su¢¢essful funding, in conjunction with the Cafflbridge Acorn Project, facilitated the adoption of a more trauma-informed approach in our Youth Clubs, bolstered by therapeutic support from Cambridge Acom Project practitioners. Additionally, our partnershlp with Jesus College flourished. exemplified by notable visits and engagements through the year. We dodicaled the past year lo strengthening our organallOnal infrastructure, including the implemenlalion of a Salesforce CRM system, enhancements in volunteer management. staff and volunteer trdining Initiatives. and collaborative efforts with Cambridge City Counc¢l on the 'Shaping Abbe* project. Financially, we achieved significant milestones with successful fundraising strategies, securing mulli-year funding for key are8s and establishing a r)ew partnership wth Railpen. As a result, we concluded the year with robust reserves and restricted funds poised lo support our work in the forthcoming fiscal year. Starling in April 2024, the Abbey Health and EmployThent Hub. in collaboration with Cambridge City Council, SoLth Cambs District Council, and various partners, focuses on creating employment palhwayE for Abbey residents. Maria Carvalho has joined the team lo develop this project. We also started a partnership wtth The Brilliant Club. with a project funded by Cambridge Ahead and Cambridge City Counal, launching a Parent Power chapter in Autumn 2024 aimed al addressing systemic barriers to higher and further education for Abbey parents. The Council is planning to add a community centre and library in the ground floor of a proposed housing block on the south wesl comer of Barnwell Road & Newmartel Road. We are now negotiating the layout of the ground floor, and terms for taking over the management of the communty space. A Facilities Committee has been established as part of our forrnal govemance structure lo work with the Council, and builders and lo advise the Board The Trustees would like to thank the staff team for their conllnued hard work in deliverfng a strong prcxjramme of actmties 8cross the agreed strategy.
ABBEY PEOPLE CIO TRUSTEES. REPORT For tha aar andad 31 March 2024 Financial review As noted above the charity has changed signrficantly in the year. with more varied income supporting a greater range of work, and enabllng us to recruit much-needed staff. The accounts reflect the welcome increasing ongoing income and activty. We particulady welcome sUPPOrt from our corporate partner5 Railpen, Ninja Theory and Marshall, and thank the National Lottery, and more specifically Nation81 Lottery Players. for theSr support of our two funded projects, Abbey Together and River Cam CAN. The Trustees review our ieserves policy regulaTly, and as the charity has grown, have reviewed to ensure target reserves meet the need of the charity now and in the fulure. In 8¢hing our tsrget rèserves amount of approximately £177.000, the Trustees have reviewed piojected three-monlh's lumover lor the next year, as well as projected winding up costs. At 31st March 2024 the Yree reserves" were £113,15312023 £70.981 1- Our continued growth makes the largel quite stretching. However we have had moTe fundraising success since the year*nd, and can begin lo look forward lo 202512026 and beyond with increasing confidence. Spe¢if1¢811y, we'd like lo thank Cambridge City Council for their increased support of our two projects in 202412025. the Abbey Heath and Employment Fund and the Focus on Abbey project. The reserves at the arend sepaTate the designated Communrty Centre and fixed asset ftjnds of £92.135 12023 £93.524 1 from the Yree reserves" Al the year-end the charity also had forward funding balanS in the restricted fund of £58,571 12023 £83,720). In addition two unrestricted funder5 paid us some 202412025 funding in March, which acc¢Junts for the income in advance in noto 11. Statement of Trusteès. responslbllltleg Charity law applicable lo charities in Englandlwales requires the Trustees lo prepare financial statements for each financi81 year which give a trne and fair view of the slate of affalrs of the Charity and of the surplus or dèficlt of the Charityfor that period. In preparin9 thos8 financial ststemenls the Trustees have= selected suitable accounting policies and applied them consislenuy. made judgements and éstimates that are reasonable and prudent, slated whether applicable accounting standards have been followed, subject to any material departureg disclosed and explained in the financial statements.. arsd prepared the financial statements on a going concem basis lunless il is inappropriate lo presume that the Charity will continue in operalionl. The Trustees have overall responsibility foT ensuring that the Charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the finanual statements comply wth the charikn.es Act 2011. They are also responsible for safeguarding the assets of the Charty and hen for taking reasonable steps for the detection and prevention of fraud and other irregularities. Independent examiner The CharAys independent examiner, Geoff Mann FCIE, has indlcated his willingness to continue in office and offers himseff for r&appointmenl. This report was approved by the Tnjstees on 10 October 2024 and signed on their behalf by.. Jamgs Pilgrim Chair
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ABBEY PEOPLE CIO I report lo Ihfr charity trustees on my examinakn'on of the accounts of Abbey People CIO for tho yoar ended 31 March 2024 which set out on pa¢Jes 6 to 13. This repr>rt is rnade solely ID the Trustees, as a body, in acwrdance wf(h regulations made under section 154 of the Charili&s AGt 2011. My wotl¢ has been undertaken so that I might stsle to the TtU5tees matter5 1 am required to state lo them in an Indepfyndent Examiner's report and for no other purpos&. To the fullest extent permitted by law, I do nLII accept or assume responsibility to anyone other than Ihè Trustee5 for my independent examination work, for this report. or for the statement I have given below. Rgsponslbllltlès and basls of report As the charity's truslées you are responsible foi the preparation of the accounts in accordance with the requirements of th8 Chartties Act 20111'lhe Act'l. I rewrt in respect of my examination of the charityg accounts camed out undor section 145 of the Act and in carrying out my ex8minatB)n I have followed all the opplicable DiTeclions given by the Charty Commission under section 14515llbl of the Act. Independent examingW$ Statèment I hav8 completed my examination. I confim that no matters hav¢ come lo my attention in conn6¢tlon with the examination giving me ouse to believe that in any material respect.. accounting re¢ords were not kept in respect of the charty as requlred by section 130 of the Act-, or the accounts do not accoTd with those rocords", or the accounts do not comply with thè applicable requirements concerning the form and content of accounts sel out in the Charf£ies (Aeeounls and Reports) Règulations 2008 other than any requiTement that the accounts give a'true and fairf view which is not a mattèr Considered as part of an independent examinatton. I have no concerns and have come a¢ros8 no other matters in connectH)n wlh the examination lo which attention should be drawn in this report in order lo enable a prtwèr understanding ol the accounts lo be r&8Ghed. Geoff Mann FCIE Geoff Mann Limited Dee House Highworth Avenue Cambridge CB4 2BQ Dale.. 10 Octobèr 2024
STATEMENT OF FINANCIAL ACTlVtTIES {incorporating an income and gxpondituro account} For the yoar ended 31 Mah 2024 Unrestricted Rostrictgd Fundg Funds 2024 2024 Total Funds 2024 Total Funds 2023 Notes INCOMING RESOURCES Donations Corporate Donatsons & sponsorship Other grants Gift Aid Trusts National Lottery Cambridge City Council Cambridgeshire County Council NHS ICS Programme Charitable trading Int8r8s1 Received Other incoming resOurS 25,245 13.282 25.245 75.164 29,672 43,940 1.779 2.435 95,919 29,501 22,090 5,616 5,000 37,403 698 1,718 61,882 1.010 1.010 30,247 83.725 25.000 30,247 83.725 25.000 39.172 3,813 39.172 3.813 INCOMING RESOURCES èxcluding Covid and E8C asset transfer East Bamwell Centre transfer 12 TOTAL INCOMING RESOURCES 82,522 200,854 283,376 275, 171 20,559 295, 730 82.522 200.854 283.376 RESOURCES EXPENDED Community faulilies and activities People costs Publicity & fundraisnig Office Costs Depreciation Other Ovorheads TOTAL RESOLIRCES EXPENDED 2,602 35,793 89 701 477 2,077 41.739 62.631 142.402 317 2.572 2.584 15.497 226.003 65.233 178.195 406 3,273 3.061 17,574 267,742 57,457 125,683 1,002 3,552 5,3Tf 8,089 201, 148 Net Incomel(expendlturel and net movement In funds for the year 40.783 (25,149) 15.634 94,582 RECONCILIATION OF FUNDS: TOTAL FUNDS BROUGHT FORWARD 164.505 83,720 248,225 153,643 TOTAL FUNDS CARRIED FORWARD £ 205,288 £ 58,571 £ 263,859 £ 248,225 The CIO took over Ihg assets and op8ralion of East Barnwell Community C8nlre in November 2020
BALANCE SHEET As at 31 March 2024 Notes 2024 2023 FIXED ASSETS Tangible assets 2,272 3.661 CURRENT ASSETS DebtOf3 Cash al bank and in hand 10 19,018 295,227 44, 161 206, 188 314.245 250,349 CREDITORS: amounts falllng due wlthln one year 11 152.658 (5,785) NET CURRENT ASSETS 261,587 244,564 TOTAL NET ASSETS £ 263.859 £ 248,225 FUNDS Restrictad funds Unrestricted funds Designated funds General fund 12 58,571 83,720 12 12 92,135 113.153 93.524 70,981 £ 263,859 £ 248.225 The finanaal statements were approved by the Trustees on 10 October 2024 and signed on IheSr behalf by.- a- ZoZ -{ c).( F JAMES PILGRIM, Chair pER GOTHAM. Secretary
ABBEY PEOPLE CIO NOTES TO THE FINANCIAL STATEMENTS For lh8 y8ar ond¢d 31 March 2024 ACCOUNTING POLICIES General inforniatlon and basls of preparatlon of flnan¢lal statements Abbey People CIO is 8 charitsble incorporated association. established in the United Kingdom. The nature of the charivs opgration8 and principal activities are described in the Trustees, report. The Charity conslilutes a public benefit entity as defined by the Flnancial Reporting Standard applicable In tho UK and Republic of Ireland IFRS 1021. The financlal slatemenls have b8en prepared in accordance wth Accounting and Reporting by Charities= Statement of R0MMended PractSc& appll¢able lo ch8fities preparing their accounts in accordance th the Financial Reporting Standard applicable in the UK and R&public of Ireland IFRS 1021 published in October 2019 ISORP 2019}, FRS 102, the Ch8rttÈes Act 2011. and UK Generally Accepted Practice as it applie5 from 1 January 2019. The financial statgments are prepared on a going concem basis under the historical wsl convenuon, modified lo include certain items al fair value. The signifi¢ant accounting policies applied in the preparat5on of thes& flnanclal slalements are sel out below. These policies have been consistently applied to all years presented unless otherwise stated. Fund accountlng Unrestricted funds whlch have nol been desKJnated for other purposes are avallable for use at the discrètion of the Iruslees in furtherance of Ihe general objectlves of thè charity. Income recognition l incoming resources are included in the Staletllent of Financial Actwities ISoFA} when the charity is legally enb"tlÈd to the income aftgr any performance conditions have bn mel, the amount can be easured reliably and it is probable that the income will be received. For donations to be recognised the charity wll have been nottfied of the amounts and the setuement dale in writing. If there are condltlon5 attached lo the donation and this requires a level of performance befts enlillemenl can be obtained then incc>m8 is deferred until those conditions are fully mat or tha fulfilm6nt of those conditions is within the control of the charity and it is probable that they will be fulfilled. Gift receivable is included in income whon thgre is a valid declaration from the dorr. Any Gift Aid arrK)unt recovered on a donation is considered lo be part of that gift and is treated as an addition lo the same fund as the initial donation unless the donor or the terms of the appeal have spgcified otherwise. No 8Tnounl is induded in the financial statemgnts for volunteer lime in line wth the SORP 2016. Further detail is given in the Trustees. Annual Report. Expenditure recognition All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all ctssts related lo the category. Expenditure is recognls&d where the 1$ a legal or ¢onstruGlive obligation to make payments to third parties, il is probable that the serfement will be required and the amount of the obligation can be measured reliably. Tangible fixed assets Tangible fixed assets are slated at cost lor deemed costl or valuation lèss accumulated depreciation and 8c¢umulaled impairrnenl losses. Cosl includès costs direct attributable to making the asset capable of operating as intended. Tangible fixed assets costing more than £5DO are capilalised. Depreciation is provided on all tangible fixed assets, al rates calculated to write off the ¢ost, less estimated msidual value, of each a5sel on a syslematic basis over its expected useful life as follows.. Computers and IT- 3 years Office and Other Equipment- >S years Vehicles- 4 years
ABBEY PEOPLE CIO NOTES TO THE FINANCIAL sTATEmEs For the ygar ended 31 March 2024 Inveslments Investments are recognised initially at fair value whiGh is normally the transaction pri excluding transadion ¢0s1s. Subsequently, they are Theasured at fair value changes recognised in 'net gainslll¢)ssesl on investrnents. in the SOFA if the shares are publidy traded or their fair value can otherwise be measured reliably. Debtors and Greditors receivable Ipayabl8 within on8 yoar Debtors and creditors wilh no ststed inlerost rale and receivable or payable wlhin one year arg recorded al transaction price. Any losses arising from impairrnent are recognised in expenditure. Going conc8rn The financlal statèm8nls have been prepared on a going concern basis. The tnjstees set a mlnlmum r8seNes policy designed lo ensure the charity can meet all obligations as they fall due, and have sufficient time lo respond tD any reductions in Income to allow costs lo be reduced and continue as a going ¢on¢em. Reserves remain above the minimum targét level. Judgements and key sources of estlmatlon uncertainty The Trustees do not believe that any signifi(anl judgements or estimates have been needed in compiling these finanaal statements CAMBRIDGE AUTHORITY GRANTS Unrgstri¢ted Funds 2024 Restricted Funds 2024 Total Funds 2024 Total Funds 2023 Cambridge City Council Cambrulgeshire County Councll 25.000 25.000 22,090 5,616 27, 70$ Nil £ 25,000 £ 25.000 £ NATIONAL LOTTERY 2024 2023 Abbey Together Proiecl with Kings Hedges Family Support Project. Climate Action FLJnd - Cam CAN Less element for Kings Hedges Famity Support Project 107,644 24.467 48.386 53. 104 -23.603 Grant for Abbgy Peoplo 83,725 £ 29,501 We are reapients of funding from two separate National Lottery Funds. The National Lottery Community Fund which funds the Abbey Together Project in partnership with Kings Hedges Family Support Project. We are the lead pather and disptrrse agreed funding lo Kings Hedges Family Support Project as pèr the grant agreement with the National Lottery. The National Lottgry Cllmale Action Fund is a partnership project lead by Cambridge Past Present and Future which fijnds our River Cam CAN project. In the prior year the Kings Hedges Family Support PToje¢l fundlng, and matching transfer lo that charity, were included within Abboy People's in¢xFTne and spend. This has now been corrected as above, This change has no effect on the charity's net assets or resèrves.
ABBEY PEOPLE CIO NOTES TO THE FINANCIAL STATEmETrS For the year endod 31 March 2024 CHARITABLE TRADING INCOME 2024 2023 East Barnwell Community Centre room hire Merchandise Event Incowne Other 36,847 1.032 1,233 60 32,383 1,530 3.490 39,172 £ 37,403 COMMUNITY FACILITY COSTS - excludlng ovèrh•ads & wage costs 2024 2023 The Hub costs Community Centre Events & activities 14,407 9,675 41.151 17,519 7,030 32.902 Iln¢lutJlng f(KKJhubl 65,233 £ 57,451 In the prior ygar the Kings Hedges Family Support Project funding, and matching Iransler to that Charity, were included wthin Abbey People's income and spend. This has now been corrected as above. This change has no effect on the charity's nel assets or reserves. STAFF AND VOLUNTEERS 2024 2023 Wages and salaries Social security costs Pension costs Other employee costs 161.650 110.924 9.453 8,516 3.579 2,731 3,513 3,512 178.195 £ 125,683 The Charty operates a defined contribution pension scheme in compli8n¢x with auto-enrolmenl obligations. The contributions to this scheme recognised as ars expense in the SOFA are the pénsion costs shown 8bov8. No employee received remuneration in excess of £60,000 Average numbers olfull-time equivalent staff employed TRUSTEES. KEY MANAGEMENT PERSONNEL AND RELATED PARTIES The trustees hav& identified Chi8f Executive Officer Nicky Shepard as ke No trustees were remunerated by the charity for their work. Reimbursed r8asonable expenses incurred in carrying out their duties for the Charity were as follows- travel costs.. mana emenl rsonnel. Nll £ 732 Number of trustees with expenses relmbursed 6 truslees12023= 3} made donations to the Charlty 10
ABBEY PEOPLE CIO NOTES TO THE FINANCIAL STATEMENTS For the year endod 31 March 2024 There were no related paty tranSactnS in Ihè yeaT that required disclosure. OTHER COSTS 2024 2023 Bank Ch8rges Comptjling & IT Insurance Profgssional Services Telephone Examinèr fees Sundry costs 445 2,641 4.537 6,986 1.859 376 730 73 2, 185 2,750 338 1.484 376 883 17.574 £ 8,089 FIXED ASSETS 2024 2023 Hub refurb. Container. & general equipment Coffee Trud( equipment Total Total Cost At 1 Apfil 2023 Additions Al 31 March 2024 15.645 6.200 5,607 1.672 7,279 27.452 1.672 29,124 26,656 796 27,452 15.645 6,200 Dapraciation Al 1 April 2023 Chargè for the year Al 31 March 2024 15.645 3,100 1,550 5.046 1.511 6.557 23.791 3.061 26.852 18.420 5,371 23,791 15.645 N•t book v•lue Al 31 March 2023 Al 31 March 2024 Nil £ Nll £ 3,100 £ 1.550 £ 561 3,661 2.272 722 £ 10. DEBTORS Due wlthln ono ar 2024 2023 Trade debtors EBCA legacy receivable Sundry prepayments and debtors Other debtors - Gift claims receivable 17,661 3,707 38.973 594 887 44,161 744 613 19.018 £
ABBEY PEOPLE CIO NOTES TO THE FINANCIAL STATEMEMTS For the ygar ended 31 March 2024 11. CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2024 2023 Accounts Payable Social Security Ilabllitles Pension due Accnjals Income in advance 2.840 4.442 1,794 3,345 646 376 45,000 52.658 £ 5, 785 12. STATEMENT OF FUNDS Brought Forward In¢omlng Resourcgs Resourcgs Expènded Carrled Forward Currentyear Transfers DESIGNATED FUNDS East Barnwell fund Fixed Assets Fund 89,863 89.863 3,661 3,081 1,672 2.272 93,524 £ Nil £ 3.061 1,672 £ 92.135 The charity ceiVed assets on the dissolution Df the East Barnwell Community Centre. The final sum due was agreed in July 2023. Those have been set-aside lo further the provision of community centre facilities in the area. As fixed assets are not available tr) fund a¢tivity a designated fund has been setp lo reflect this. RESTRICTED FUNDS Staff costs Cambridgè City Council note 2) Cambridgeshire County Council Cambridge Community Foundation Green spaces Police and Crime Commissioner National Lottery Inole 31 Food hub Other farnily and youth Other sustainability & mmunity cohesion 12.375 10.000 117.3751 5,000 2.700 25.000 127.7001 900 19001 7,999 5,070 17.9991 {5,0701 6,000 6.000 2,000 25,510 8.167 15.000 (2.0001 180,1681 {6.293} 137.5001 83.725 1,882 25,000 29.067 3.756 2.500 3.999 49,247 140.998 12.248 83,720 £ 200,854 £ 1226.0031 £ Brought Incomlng Resources Foard Rèsourcès Expended Nll £ 58,571 Carried Forward Transfers Unrestricted funds D&signoted Funds Genèral ftjnd 93,524 {3,061} 70,981 B2.522 38.678 164,505 82,522 141,7391 83,720 200,854 226.003 £ 248,225 £ 283,376 £ {267,742) £ 1.672 1,672 92.135 113,153 205.288 58.571 Nil £ 263.859 Re8trlcted fund 12
ABBEY PEOPLE CIO NOTES TO THE FINANcL STATEMENTS For the year ondod 31 March 2024 Broughl Forward Incoming Rgsources Resources Expend8d Transfers Carrd Fonvard Prioryear Deswnaled Funds Genaral fund 77,540 21,355 f5,371J 35,315 74,238 38,572 112.855 95,593 (29,624) 40, T88 20Q,137 157,205 £ 153,643 £ 295,730 £ (201,148J £ 93.524 70,981 164,505 83. 720 Nil £ 248.225 Reslrictgd fvnd 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS The Restricted fund is representsd entirely by the cash al bank.. the Unrestricted fund is repr8sent8d by all other assets and liabil(ties. 14. FUNDERS AND PARTNERS The Trustees would like to thank our funders and partners. We couldn't do the work we do without their generous support. THANK YOU TO OUA FUNDERS AND PARTNERS . Cambridge Acorn project IIIMARSHAI.I NINIATHEORY RAILPFN QM14UNITY RIDGEON stop ROMSEYMILL FVA Tfr.'R UBRARY pcc (7.4HTrIF".l.i> Il'F.%l-C)N amazon Fi)L'NI).4'1'1C)J SW5RE CHARITA8LE TRUST talks cyu r FUTIIR ture -AM8AID7E ctR ,' AEDE'IMEI A Bfjrnwell CnFARM FORM TME FUTVRE Astraze COOIIIECUT ibi5 Botanic Gardei -Mu5eurnrJl ..G5(nbrid%e CcKbon CBRI)SVFNO 13