REGISTE4 RED COMPANY NUMBER: 06227115 {Engl#nd and WAlesl REGISTEI REI D CHARITY NUMBER: 1180756 Report of the Ti'uslees Ungudited Financial Statements foi. the Yegr Ended 30 April 2024 for Wishing Well Project Bai]ks Sheridan Datum House Elecira Way Crewe Cheshire CWI 6ZF Wishing Well Project Colltents of the Financial Statement5 for the yenr ended 30 Api'il 2024 Page Report of the Trustees I to 10 Independent Ei xaminei S Report Statement of fiinaneial Activities 12 StatemeDI of Financial Position 13 to 14 Statement of 511 Floivs 15 Notes to the Stgt¢ment of Casli Floivs 16 Notes to the Financial Statements 17 to 27 Wisliing Well Project (Registered numbei.: 06227115) Repoi't of the Trustee5 foi. the year endeil 30 April 2024 Purpose of this Annual Report This Anniial Report Selves to deman%trate tlie impact of .%crvices develtsped and delivered and Il)e finaiicial perforiiiance of The Wishing Well during the pcriod of Isl May 2023 - 3011) April 2024. Our Mission To improve the Iiealih and ivellbeing of local people. Our vision is for children and fainilies (0 start ivell, adults to live ivell and older people lo age well. To provide hol￿5(iC services for all areas of the community, aeknoivled¥ing that any situgtion or crisis can be made up by multilaclorial circumstances, Wishing Well offers support to the most vulnerable members of our society. To achieve our mTrssion, we have set out 5 key aims: Improve the health and wellbeing of our eommuniti¢s Reducc hcalth ineqiialities Provide opportuniiies for people to live well and for longer Remove ban'ier5 to participalioij in li¢altli and wellbeing activities Reach out to support those most YulneTable Eiisuriiig oiir woj'k delivers our aims The Board of TTUStees together ivith tlie Cliief Exeeutive Officer meet on a monthly ba5lS to sel tasks and review progress against previous tasks sel. Opeixtional manage211ent is delegated ¢0 the Chie( ExeLulive Officer ivho seeks to deliiier upon the aim8 and objectives of the charity. Th¢ Boaixl uf Ti'uslees piDvide appropriate levels of support and scrutiny to ensure that.￿taff perforniance is Inainlained and Ilie health and wellbeing of the organisalion is sustained. Individual trusiees lake on the responsibility of Over.￿eeIng key pillars of Ihe organisation that align to their %pecific skills and experience. For example.. Dircctor of Finance, Director of Community Development, Director of Bu%iness Developmei)l. TTL15tees are ablc to provide ihe Chief Executive OffIcer and senior members of the operational team with direct support to help the charity achieve ils mission. Every month the c.hief Fxeculive Officer PTovide5 ali accoillpaiiying Board Paper lo suppoi'l disLu55i0115 at the i'elated Board meeting. Tlii5 paper lias specsfic updates on critical Jiiatters.. Health & Safely. Data Protection, Safeguarding and Finance. Chkef Executive Officer automatically raises any incidences of bleach in any of these areas at the earliest oppoi'lunily. How our activities deliver public benefit Founded as a local PTojec( lo tackle health inequalities at a local level back in 2002. the organisation is now considered one of the largFe51 non-statutory health and social care providers in the North West of England. Whilst Éhe charity has firm foundation8 throu￿ it8 establishment in Crewe. the organisation now reache5 cornrniinities in Alsager, Nantwich, SandTr)a¢h, Middlewich, Northwieh and the surrounding niral areas. Our growth over the last 3 years has meant that we now reach approximaiely 7.500 people every year. Our organisation d¢livers upon ils mission to improve the health and Mrellbeing of local people through our key strategic thetnes of Start Well, Live Well and Age Well. Page I wi511iiig Well Project IRegi51ered numl)er: 06227115) Repoi't of tbe Ti'ustees for the year ended 30 April 2024 Tl)e Wi51)in8 Well tackles a wide range ofhealth and social inequalities that are apparent witliin many areas across s(Triith CheshiTe specifically areas of Iiigh deprivatinii iii Creive. Diie to a illyriad of coinplex factors ihere are deep-rooted suLieial clialleiiges ranging from L)oor educalion levels, ¢hildliood obesity, anti-social behavioiir. knife crime, substance abuse and Inisuse, youih uneniployinei)l. lolal uneiiiployinei)I, poor eoniiniiiiily Cohesion, fiiel poverty, food poverty, absoliite poi?erty, homelessness, increased levels of pour mei)ial healili, increased levels of poor physical health, high levels of suicide, social isolalion and loiieline5s. stigma aiid prevejilable dedil)s. All of our chai'iiable actiirities aim to iinprove tl)e health and iirellb¢iiig of local people. Our provision fociisses on providing activities that airn to tackle ai least one but iisually a collectioji of Ilie followiiig ¢oinplex matters-. Loneliness and social isolation - Poveity People liviiig in chronic pain (physical andlor rnental) Depression and anxÈety Siibslance Imisuse Physical inactivity Honielessness Uneniploymeni Clime and anli-social behaviour Famsly and domestic unrest People with poor physical or mental wellbeing Who used and benefitted from our services? The Wishing Well has a holistic approach to iinpr(Iving health and M'ellbeingF and seeks to suppoil those Inost vulnerable 110 matter their agc or br miiltiple disadvantages sucl) as= hon)elessness, chronic ill liealth {physiLallmenlal). living u'iih addiction, asyliiin seeking, iineinploymenl and poverty. The fundii)g helps to cover the running eosts ofilie pi-oject and ihe inaiias7eiii¢iit aspecls of the p8rti)ersliip. Round Table Meal Delivery Funding- £3,500 This funding from the Round Table was a conliibulion lo our Meals and Welfare service and, together, wilh other key fui)din8 partneis. ensured that our flagship community service was safe and seeure for delivery. li was the first time The Wishing Well had rc¢¢ivcd funding from the Ri)und Table. Crewe Coiincil - £1,000 The Wishing Well has a longstanding relationship with Crewe To￿1 Coiincil wilh many of our projects benefitting from their iJiveslineJ)t in recent years. Tliis donation was towards the delivery of our wellbeing walk5 and fiiendship projecis based in Crewe. Reserves Policy The organisation has not ac¢e5sed its Reseive5 during the recent Cost of Living crisis which shows the fjnancial resilience of the LhaTiLy. Indeed. Ihe Reserves held remains cojisislenl - not diminishins. Th¢ Wisl)ing Well remains within the 3 6 motith Reserve Policy which indicate5 good levels or financial Security wliilst also ensiiring fundiiis IEceived is beinsy used lo deliver our provision. Key core funding opportunities andloi" unresti'icted funding sources musi be prioritised to enable tl)e organisatson to strengthen its Reserve Policy and ensure that the organi5alion is fJnanLially fil for the nexl set of challenges. Governartce & StNcture The organisation is a charitable company limited by guarantee, incorporated on 25 April 2007 and registeTed as a eharity on 19 November 2018. The coinpany was cstabli8hed under a Memorandum of Associaiion llrhich sets out the objects and pO￿,elS nf the organisation. The ainendments Inade Linder the Article5 of A55ociation aligned the company 10 chaiiiable staiiis. The organisation began trade as charitabl¢ company on l May 2019. In the event of the company b¢ing wound up the DÈrectors are required to contribute to £1 to proceedings. After reviewing the facets of the organization and. specifically, examining the key income areas the Board decided to set up tt tl'ddingF of the business and this was to becoine a sepai.ate entity referred to as Wishing Well Trading Company. Thi5 organisalion, also a limited company. would encompass thc key trading aspect5 of The Wishing Well including the Bistros and Café funciion of the organisatioji. Tliese changes are to be in place for the next financial year (2024125) and have no impact on the day to day running of The Wishing Well. Risk M8nagement Page S Wishing Well Pi'oject IRegR51ered number: 06227115) Report of the Tl'ustees lor the yt#i' ended 30 April 2024 The E3oard ofTrustees delegate key roles and responsibilities to the Chief Executive Officer. However, critical areas of the business require Board interveiition where necessary and upon the reqiiest of the Chief Executive Officer. These ci'itical aieas are identified as.. Health & Safely Safeguardi118 Dala Protection Fiiiaiice Healih & Wellbeing These areas almiays catry an elevated aspect of risk. This is due to the associalion it could have on Ihe repiilational, economic or ."ellbeing Df the orgaiii%ation andlor Il)e people il serves. The Chief Execiilive niu%l elevate any coiicerns or incidence5 that may appear lo breach any of the associated policies relating to health and safety, safeguarding, data proleciion and finance. In addilion to this, the Chicf Execiitive Officer ieports on these iien)s directly at monthly BO7￿ rd meetings. Organisalional Siruclure Thc Wishing Well has a Board of Triistecs madc lip of C) Non-Excciitive Director%. Th¢se Directors meet on a monthly basis and aTe responsible for the 5trate8ic dsrection of the OTganisation and Ilie policies held withiii tlie cliarity. The Board of TrLlSlees delegale day to day n)anageinent of the charity lo the Chief Fxeculive orri¢er who is managed by tl)e Chair ofihe Board. RegiilaT Jneetings are Iield betweeji Ihe Chair ai)d lh¢ ChiefEkeculive Officer lo sliare iiisig]il aiid infoi'jiiatioji as ￿'ell as building a Close link between the operational te￿n and (he Boaixi ofDireclor5. The Chief Executive is responsible foT delivering upon ihe Board's siraiegy and objectives. They are responsible foT developing a structure thaE ivill be assessed upon the result and perforrnanee of service delivery. The Chief Executive has built a senior leadership teatn ￿'1th a key focus on the 4 core sei'vices that The Wishing Well delivers upon: Start Well.. Provision of services for 0-18 year olds and their families Live Well.. Provision of serviees for 19- 65 year old5 Age Well= Provisioji of services for ovei. 65 year olds In addiliot] to Iliese key pillars. the organisalion also has a thriving ¢al¢ring arm which we are able to use as an appropriate lool to support peopl¢ of all ages. Indeed, oiir catering ann is a key Lotnpunejil ol. all a5pec15 of delivering within Start Well (holiday programine lunclies}, Age Well lour community café and external calerii)g function) and Age Well {our Meals and Welfare. Lunch Clubs and DaycaiE PTOVjSion for older people). Within financial year 2023124 we have used the term 'Eat Well" as an add on to our Start Well, Live Well and Age Well strapline. Whilst used iinofficially, it has become Synonymo￿ with our Bislro. Café and external calering functions. Key Projeeis Delivered in 2023124 Start Well Parents and Tots Drop In Slay & Play Children & Fainily Drop In Girls Wellbeing Group After School Club 14AF Holiday Progiainmes Pa¥e 6 Wi511ing Well Project (Registered Dumbei.: 06227115) Repoi't of the Ti'uslees foi. the yeai. ended 30 April 2024 Aliernative Provision with Chesl)ire Easl Council Yoiith Voice Youth Club Football sessions with Crewe Alexandra FC Live Well Peci. Suppnrt wi511iiig Wellbeing S Ways lo Wellbeii)8 Suppori¢d Adults Service Disadi'aiilagjed Foutball Project IRIS Visually Iinpaired Pi-oi'ision Salurday Kilcheii Kviili Cliaiice Clianging Lives CookiiiLT Courses Lifelong Learning Provi5lOTI Wellbeing Wgramine sessions delivered 802 Unique children ai)d yoiiii8 people rcached 309 Unique par¢nislgrandparentslcarer5 reached 2,861 Total allendaiice5 of Slai'l Well provision 245 Christmas presejits to children and famili¢s Live Well 343 wellbeing sessions delivered 273 Social activity sessions for supported adults 38 Day tiips for supportcd adults 4 Suppi)rtcd adults moving into v0lunteeringlirainin￿empI0yrnent 148 Unique number of adiilts wilh auiismllcarning disabiliiy reached 112 Physical activity session delivered for adults Age Well 38.598 Fresh, hot rneals delivered to older people 884 social a¢tivities delivei'ed for old¢r pcople 196 Physical activity S¢SsioJis delivered lo older people Page 7 Wishing Well Project IRegÉstered numbcr: 062Z7115) Repoi't of the Trustees ror the yeai. ended 30 April 2024 41,520 vi5lts lo vllljierable oldei. people 301 C]￿l$tI]laS care paLkagFes I for older people 196 Physical aclivity sessioiis delivered 102 EmeiEeJicy food parcels senl out lo vulnerable people Exiernal Factors Influencing Perfomiance Cost of Living Crisis Whil%t the initial challenges associated ivith tlie cost of liviiig erisis were iviihin the piei'i0115 fjiiancial year, the ijnpacl was perhaps feli Inost diiring this period of r¢i10rling. All aspects of the cosls associated willi the delivery of Wishii)g Well services rose within 2021124. Wl)ils1 ¢0515 increased, so did ihe deinai)d oil Wishijig Well provision i¥l)iLli ineanl Ilial al liines difficult de¢isioiis ivere inade to ensure tliat tlie oi'ganisation remained true lo ils mission yel also financially respoJ)sible. Whilst the econon)ic l#nd5cape appeaTS to Iiave slabilised, Ilic costs of delivery still remain signifieanily hiLher than what they vere pre-paiideiiiic. The Wisliing Well lias shoivii sigiiificanl levels of financial resilieiice, this is largely due to the guidance. siipport ai)d Benei'osity ofilie fui)ding parlners we haKie ai a luLal, i'eLJional and natioiial level. Vulnerability of Charitable Sector Charities are typically non-profit organi%ations cxisting ￿'1th their specific pu4)ose to deliver social value - within whichever area this may bc. However, chclrilies are biisinesses loo ai)d a5 Wlth any other biisine88 inusl find tlie appropi'iate ways lo operate diligently and effectively. Whilst there is iio sigmificant internal or cxt¢rnal pressure lo ¥enerale 5urpliis, it is good financial pi-aclice for charities to break-cvcn. Charities af 011 shapes and si/£s al-e fiiiding Illi5 illcTedibly difificiilt for a myriad of reasons. Fix)m increased demand on provisioii {M'iili a diiecl rela1ion to increased costs), increased project deliveiy Losis increased core costs many oiganisalion5 liave lakei) Ilie difficiilt decision to close their doors. Tliis can LIIU5e a vacuiiin within the %ector pailicularly at a local level where other ¢1iorilies seek to siipport the gaps that are left in provision. This means that charities often di'ift awoy fron) their mission lo serv¢ a ctsininunity need. Beyond this, there remain funding challenges and longer lemi in51ability within the sector brought about by increased coinpetilion for contracts and funding due lo Ihe need lo keep up W￿(h deinand on services. The secloi" as a whole needs to takc FreateT I"esponsibility ajid a collaborative, cohesive approach lo parinership ivoiking to ensure that funding is reaching the orgaiiisations thal can deliver maximum impact and a meaningful ieiutn on the investinent. AeknoivledgeTnents The Wishing Well 15 an established provider of health and wellbcing services in Cheshire. woi.king in partneiship and alongside rnany other individuals, groups and organisations to improve public health and wellbeii)g. The Wishing Well woiild like to express their thanks and gralitvde to all those ivho have supported the charity throLigh donations, fundraising an￿or supporl in kind. Active Cheshire Alcoholics Anonymous ALDI kniva ASDA Foundation Balfour Bealty Banks Sheridan Bcntley Motors Bill 14olTnes British Red Cr05S 13&Q Chance Changing Lives Clieshirc Buddies Page 8 Wi51Jing Well Pi'oject IRegi5tei-ed number: 062271151 Reptbrt of tlje Trustees for the year ellded 30 April 2024 Clieshii'e Community Foundation Clieshire ConneLI Cheshire Constabulary Cheshire Ec1SI Coimmunity Vtsluntary Service Cl)eshiie East Coiiiicil Che.%hirc Fire Service Cheshire Police CTiine Cominissioner Crewe Alexandra bc Crewe PL Ciewe Police Crewe Toii'n Council Crewe Nub Neiv Custom Powders Conslriiction Linx Disability Positive Equilibrium Foundation High Shei'iff of Chegliire Kelibray Leighton Hospital Loi"d Lieuleiiaiit of Cheshire Mr Petei. Colyer Mornflake Morniiig Foods Morrison's Moihenvell Cheshire NHS Mid Clieshiir Hospital Trust NHS Integrated Care Board NHS Cheshire Clinical Commissioning Group Radius Slimming World South Clieshire ChaTnber of Commerc¢ Snuth Cheshire CLASP Sport England Steve Morgan Foundation 8t Paul's SMra1151vay GIDup The Guinness Partnership Tjie National Lottei'y YMCA Crelve Weighi Watchers UK STRUCTURE. GOVERNANCE AND MANAGEMENT Governing Ilocument The Charity is controlled by its govetning docU￿ent, a deed of trust, and const]￿te5 a limited company. limited by guarantee. as defined by the Companic5 Act 2006. RLI fEI REINCE AND ADMINISTRATIVE DETAILS Registered Company numbei. 0622711 S (Englatid and Wales) Registered Cbarity number 1180756 Page 9 Wishing Well Project (Regislei'ed ijumber: 06227115) Repoi't of the Ti'ustee loJ- tlie year ended 30 April 2024 Registered office Jiibilee Hoiise .St Pauls Sircet Creive CheshiiE C:WI 2QA Ti'ustees R Weilding A Robeils E Leigh (deceased 22.11.231 E Haii'ortli P Saiidland T Rubijis D Sil¢o¢k (appointed 1.9.24) Indcpendent F.xaminer P Sanin10115 FCCA El8nks Sheridan Dkltum Hoiise E.leclra Way Creive Che5hiie CWI 6ZF Approved by order of the board of trustees on ........... ajid signed on it5 behalf by.. R Weilding- Tnistee Pagc 10 Indepeudenl Ex#niiiJer's Repoi't lo the Tru%tee5 of Wishiiig Well Project Iiidepeiidenl examinei s repoi't to the tl'115tees of Wislilng Well Project I'tlie Cotjipany,) I report to the charity Irustee8 on iiiy ex2)mination of tlie accounls of Ilie Coinpany for the year ended 30 April 2024. Responsibilitie5 aiid basis of repoi't As the Lhai'ity's ti'uslees of tlie Company land also it8 directors for the puryx)8es of company law) yoii are responsible loi. the prepgL ratioii of the aLLOUllts in accordaiice with the reqiiiren)enl% of the Coinpanies Act 2006 ('the 2006 Act'l. HaviiibF satisfied myself that ilie acLounls of Ilie Coii)pany are not IEquired lo be audited linder Part 16 of the 2006 Act and are eligible for indcpendeni exaimiiialioii, l Tepuri in respecl of Iny exaiminatioii of yoiir ch1( I'ity'.% accounts as carried out linder Sectilin 145 of the Chc1rities Act 2011 ('Ihe 2011 Acl'l. li) carrying oiil my examination I have folloived tlie Directions given by tlie Charity Comini%8ian iiiider Section 14515) Ib) of tlie 2011 Act. Independeiit exaniiner's stglement SiiiLe yuiii" cliarity's gro￿5 incon)c excecded £250.000 your examiner must be a rnember of a listed body. I can confirm that l am qualified to undertake the exatnination becaus¢ l am a member of the Associalion of Cl)arlered Certified Accouiitai)ts. which 15 one oftlie listed bodies. I have completed iny examinatioji. I confiml thot no matters have come to my attention in conneclion with the examination giving me cause lo believ¢.. a¢counting reLurds were Iiol kept 11) IEspect of the Company as required by Section 386 of the 2006 Act. or the accounts do not accord with those records. or the accounis do not comply with the aecouiiling requiremejits of Se¢tion 396 of the 2006 Act othcr than any requirement thc1t the accounts give a true and fair view which is nol d matter consideTed as pan of an independent exainination. or tlie accounts have not been prepgTed iji accordance will) Ilie methods and PTinciples of thc 8tatement of Recommended Practiee foi. accounting aiid reporting by chaiilies (applicable to chaFilies prepai'iiig tlieir accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102))- I have no coiicerjis and hav¢ come aciDsg no other matters in connectioii with ihe examinalioj) to wl)ich attentloli should be drawn in tliis repoi"l in order to enable a prop¢r iindersianding of the accounts to be reaclied. P Sammon5 FCCA Banks Sheridan Dalum House Electia Way Crewe Cheshire CWI 6ZF Dale: 2015 Page 11 Wishing Well Project Statement of Financral AetlVLtie5 for tlje yeai. endeil 30 April 2024 2024 Toial funds 2023 Total fuiids Unreslricled Fund Reslricled fund Note5 INCOME AND ENDOWMENTS FROM Donations and legacies 11,728 316.335 328.063 319.868 Chgritable activities Meal Provision Llderly CaiE / Day Care / Lunchclub Pickn)ere Bistro Eagle Bj'idge Cafe Roojn Hire I Cleanii)g Younb7 Persuii Suppoi't Life Long Learning l Education IRIS External Catering Mill House 194,053 44,846 79.009 65,114 27,417 108.627 14,702 2,122 49,669 80,524 194,053 44,846 79.609 65,114 27.417 108,627 14,702 2.122 49,669 80.524 172,534 51,313 95,895 50,865 22,UlO 99,896 6,174 2,532 63.912 Total 678.41 316,335 994,746 884.999 EXPEI NDITURE ON Cliarilable activities Cliaritable activities 672,339 338,445 1,010,784 932,292 NET INCOMEI(EXPEIYDITURE) 6,072 122.1101 {16.038} {47.2931 RECONCILIATION OF FUNDS Total funds brought fonvard 131,880 108,314 240,194 287,487 TOTAL FUNDS CARRIED FORWARD 137.952 86,204 224,156 240,194 Thc notes forn] part of these financial statements Page 12 Wisliillg Well Pi'ojecl {Regi5tei'ed niirnbei.: 002271151 Statement of Finalleial Position 30 Api'il 2024 2024 Total fiinds 2023 Total fiLi)ds Unreslricied fund Restricted fiind Notes FIXED ASSETS Tangible asscts 10 24,004 7,062 31,066 42.287 CURRENT ASSETS DebioTg Cash al bank and in hand 50,443 182.196 7,515 71,627 57,958 253,823 113,237 172,921 232,639 79,142 311,781 286,158 CREDITORS Ainounls falling due iviil)in one year 12 (118,691) 1118.691) (88,251) NET CURRENT ASSETS 13,948 79,142 193,090 197,907 TOT AL ASSETS LESS CURRENT LIABILITIES 137.952 86,204 224,156 240,194 NET ASSETS 137,952 86,204 224,156 240,194 FUNDS Unrestricted funds RestTicied funds 13 137,952 86.204 131,880 108.i14 TOTAL FUNDS 224,156 240.194 The chaTitable company is entitled to exemption from audit under Section 477 of the CoJnpatJies Act 2006 for the year ended 30 April 2024. The tnembeis have not required the Company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for {a) ensuriiig that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companie5 Act 2006 and preparing financial statements which give a ti'ue and fair view of the state of affairs of the charitable company as at the end of each financial year and of ils suq)lus or defJci( foi. each financial year in accordance with the requirernents of Sections 394 and 395 gnd which otherwise comply with ihe requirements of the Companie5 Act 2006 rclating to financial stat¢inents, so far as applicable to the charitable company. {b) The notes forin part of ihese financial statements Page 13 continued... Wishing Well Pi'oject {Regislercd numbei.: 06227115) SIAtemellt of Financial Position Continued JO April 2024 These financial slalements have beeii prepared in accordaiice will) the provisions applicable to charitable coinpaiiie5 subject lo the small companies regime. Tlie financial statements were approved by the Bo8rd of Trustees and aiithorised for issue on signed on its behalf by.. LLk,I . and were R Weilding- Truslee The notes form part of these fiiiancial slalements Page 14 Wi5hiNg Well Project Statemtllt of Cash Flows for the year ended 30 Api'il 2024 2024 2023 Notes Cgsh flows fi'om operating aetivitie5 Cash generated from operations 81,090 {6,118} Net cash provided byl(used in} opei'ating activities 81,090 16,118) Cash floivs fi'om investing activities I'ur¢hase of tangible fixed assets {1881 (26,9781 Nel ea511 used iii investing activities (1881 (26,9781 Change in cash and cash equivalellts in the reporting period Cash and ca.sli eqiiivalents at the beginning of the repoi'tiijg period 80,902 133,096} 172,921 206,017 C#slJ Cd1511 eqiiivalents at the end of the repoi'tiug pei'iud 253,823 172.921 The noles fom] part of these financial statemenls Page 15 Wi8hing Well Pi'ojeel Notes to the Statement ol'Ca5h FIoiv5 foi. the year endeil 30 April 2024 RECO]YCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Nel expenditure for tlie reporting period (as per the Statement of Financial Activitie5) Ailjustnienls for: DepiEcialioJi charges DcciraselliiiciEase} iii debtors Inciease in Lredilois (16,0381 (47,293) 11,409 55,279 30,440 14,368 142,809) 69.616 Net C115h provided byllu5ed in) operationg 81,090 (6,118) ANALYSIS ofi CHANGIS IN NET FUNDS Al 1.5.23 Cash flow At 30.4.24 Net cash Casli at b￿lk ai)d in hand 172,921 80,902 253,823 72.921 80,902 253.823 TotAI 172,921 80,902 253,823 The note5 fortn pait of these financial slateineJit5 PaBe 16 Wishing Well Pi'oject Note5 to the FiD9n¢ial Statenieiit5 for the year ¢nded 30 Api'll 2024 ACCOUNTING POLICIEIS B#si$ ofpi'ep9ring the fillanci#l statements Tlie fiiidncidl slatemenis liave beeji pi'epared on the assiin)piion that the company is able to carry on as a going coiiceri), which the Trustees consider appropriate. The financial staien)enls have beei) pi"epared in accordance iviil) Accoiinting ai)d Repoiling by Charities.. Siaiemeni of Recommended Practice applicable lo chai"ilies preparing tlieir accouiils in accordance with the Financial Reporting 8tandai'd applicable in the UK and Republic af ITelanil IFRSI 02) (effective l Jaiiiiaiy 20191 ICliaTjtie5 SORP IFR81021). the Financial Reporting Standard applicable in the UK and Republic if Ireland IFRS102} and the C'ompanies Act 2006. The Trustees regularly Inonitor the projected income againsi expected expeiidilure and are reasonably confident that fi]nds will be in place to ensiire tlie running of the tsrganisation bcyond Febrnary 2025. Wishing Well Project Ineels the definition of a public benefit ei)tily under FRS102. Assels and liabilities are inilially recoblnised ai historical cosl OT Iiansaction valiie iinless othenvise stated in he relevai)t aecouniing policy notels). The principal accouiiting policies adopted iii ihe prcparation of the financial stateinents are set out beloiv. The pre5enlational curreiicy of the financial stateinents is the Pound Sterling (£1. Monetary amounts in these finaTEcial stateinents are rounded to the neaiEsI £. Going coijcei The Triisiees eonsider that the level of unrestriLted funds is sufficient (o Ineel the working capital requirements of the company. After due consideration of the above the trustees are not aware of any other uncertainties iE8arding the company's ability to continue as a going concem and after reviewing the company's post yeai. end income documentation aiid lorecasls, the tru5lees are satisfled Ilial the company has adequate resoiirceg to coniinue in operational exisience lor tlie foreseeable ruture. Tlie cojnpany therefore coi)tinues to adopt the going concern basis in preparing it's financial sialemenls. Ci'ilical uceounting judgements and key sollrce5 of estimation uncei'tainty The prepaiation ul. Il)e financial slatemenis reqiiires Inanagement to make judgeinents. estimates and assumptions that affecl the amounts reported. These estiinate5 and judgeinejits are coiitiiiually reviewed aiid are based on expcrienee and other factor5. including expecldlion of future events Ilial are believed to be reasonable under the circiimslances. The jiidgements (apart from those involving e5timations} that managetnent has Inade in the process of applying the entity's accoiinting policies and that have the most sigiiifiLani ctyect on Ilie ainoui)Is recognised in the financial statements are as follows.. Estimated useful live5 and residual YAlues of fixed assels Depreciatioji tsf tangible fixed assets has been based on estimated u8eful lives and residual values deemed appropriate by tlie Iruslees. Estimated useful lives and residual valiies are reviewed annually aiid revised as appropriatt. Revisions take into account eslimated useful lives used by other companies operatin¥ in the sector and actual assets lives and residual values, as evidenced by di5posa15 during the ciirrei)t and prior accounting periods. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the fvnds, it is probable that the inci)me will be received the amount ¢an be measured reliably. Page 17 contii)ued. Wi5hiThg Well Pi'oje¢l Note5 to tbe Financial St#tenienls- iontinued for the year ended 30 April 2024 ACCOUNTING POLICIES- eontinued Expeijditui'e Liabililieq are recognised as expetiditiirc as soon as there is a legal or coJislTLiCtii'e obligalson coniinitling the charity to that expejidiliii'e, il is probable that a Iiaiisfer of econoinic benefits ivill be required in seltleincnt and the ainoui)t of the obligatian can be Jiieasiired i'eliably. Expejiditiire is accouiiled for on ali accriials basis ai)(I has been ¢lassifted under heddings Ihai d￿￿TI.e&laIe all cost relaled lo Ilie Calegoiy. Wliere costs eani)ol be diiEcily at(ribiited lo particular Iieadings tliey Iiave beeii allocated to activities on a basis Lonsisienl will) IlJe use ofresources. Al]nc￿tiO11 appnrlionmeiit of costs Support cosis are Ihose that assist tlie ivork of the charity but do not diiectly represeiit charitable activilses and include officc costs, goi'emance eogis and adminisliaiive pllyroll cosls. They are incurred directly in support of expendimre on the objects of the charity and iiicliidc projcct managenient Ca￿led out. Wliere suppoil Costs Ck)nnoi be directly attributed to Pcirlicul£ir headings 11)ey hic ve been allocaicd to ¢xp¢nditure nn chai'itablc activilics nn a basi.% coiisi5tenl with use of the re5011rces. Tgngible fixed assets TangTible fixtd assels are slaled al liistorical eosl less acciiiniilaled depreeialioi) and accLiiniilaled impairment losses. Cost ii)cludes costs directly alti'ibiilable to inaking the a55ei capable of operaliiig as iiiteiided. Depi'eLlation is piovided ai the folloiving annual rates so as lo ivrile off Ilieir cost less residual ainounls over their estimated useful economic lives. Assets are a150 revielved for in)pairmenl wlienever events or changes in circujnslances indicate that the carrying amount may not be recoverable. An impairment Ioss is reeobnised for Ihe amount by which the 85sets cairying amount exceeds ils recoverable amount. Plant & machinery Fixture & fittings Motor vehi¢le.s Coinputer equipiment Leasehold ijnprovenients 250/0 on rcdu¢ing balan¢e 250/0 on reducing balance 250/0 011 reducing balaiice 330/0 on cost Ovei" 4 years The Tesidual values and Liseful lives of assets are reviewed and adjusted if appropriate at each Statement of Financsal Position dat¢. Taxation The chaiity is exempt from corporation tax on its charitable activities. Fund aceounling Unicstrictcd funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular rcstrictcd purposes within the objects of the charity. Restrictions arise when specified by the donor or wheii funds are raised for particular reslricled purposcs. Furiliei. explanation of the nature and purpose ofeach fijnd is included in the Notes to the Financial Statejnents. Hire purcbase and leasing eommltments Rentals paid linder opeTaliii& leases are charged io the Staiement of Financial Activities on a siraight line basis over the period of the lease. Pen51011 COSt5 other post-retirement benefits The charitablc company opeiates a defined contribution pension schemc. Contributions pgyable to the charitable eompany's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 18 conlinued... Wishing Well Project Notes fo the Finanelal Stat¢mellts- coDtiNued foi. the year ended 30 April 2024 ACCOUNTING POLICIES- eonlinued Casli at Ballk athd Hand c￿sh ai bank aiid iii liaiid includes casli aiid short lenii highly liquid inveslinents with a 5htsrt maturity of three months or Ics5 from tlie date of acquisition oi- opeiiing of ilie dep05ii or similar account. .i'editnis and pi'ovisions CTedilors cl1)Il pri)vi8inns are recognised whei'e the coinpany lia5 a presenl obligation re5ulling from a part event that ivill pi'obably re51111 in Ihc tran%fer of fiinds to a thii-d parly and tlie ainouiil due lo setile tl)e obligalioi) can he measured or esliimaled reliably. Creditors and provisions c1re nomially reLognised ai their settlenienl ainounl after allowii)g for any trade discoiiii15 due. Findincial iD51ruments The ¢oiiipai)y oiily has finojicial as5els and financial liabilities of a kind that qualify as basic financial inslruineiits. Basis finaiiciiil inslruiiients are inilially iEcognised al Iransactions valiie and subsequently mei< siired 11 t their scttlemei)I value with the exception ofbank lo￿)5 which al'e subsequeiitly Ineasiired at ainort15ed cost iising the effective inierest method. Debtors And ereditoi Debtors clnd crcditors Nvith no slated interesi rate and receivable or payable within one year are Tecoi'ded at transaction price. Any losses arising from impairment aiE reco¥nised in expenditui'e. DONATIONS AND LEGACIES 2024 2023 Donations Gifi aid Grants 11.728 9,083 307,252 9,207 11,250 299.411 328,063 319,868 Page 19 coiitinLied... Wishing Well Project Notes So the fiiijancial Statement5- ¢Olltinued foi. tlie year ended 30 Aprtl 2024 DONATIONS AND LEGACIES- contillued Grants received, intluded in the above, are as folloivs.. 2024 2023 Chesliii"e Easi Business Grant OTAGO The Equilibriujn Foundation Steve Morgan FundinB Grai)t The Nalional Lolteiy Coininunily ]4uiid Active Cheshire Cheshii-e Clinical Coiiimissioiiiiig Gi'oup Chesliire Cominunity Foundation Peter Colyer- funding for thc pix)vision of cliildren ￿ld fan)ilies services Carer'% Choice The Guinness Partn¢r8hip Holiday Actiiffk)tion Fund IHAF) Crewe Town Council Crewe Toivn Council - Soiip and Sew NHS Coininunily Midivives Cheshire Cojninunity Fouiidation Bentley Flind IRIS and Ruby Funding Ches1iiiE Police Crirne Commissioner NHS Winter Pressures Nanlivich Church Wardens Julia and Hans Rausinsi Trust Cheshire East- Jubilee Gard￿lS Chc%hire East Community Grant Marks and.Spencer Crosby Training Young Careis Project Asylum Oiitrcach Project Roiiiid Table Meal Dcliv¢ry Funding Garfield Weston Foiindalion Mccarthy Sione Foundalioii CEC Community Masonic Charitable Foundation CEC Community - HAF Sainsbury'5 Foundation 10,000 1,453 2.388 28,634 68,126 2,154 2,163 22,880 57,858 5.1126 7,995 6,735 35,000 30,858 4,500 19,352 5,000 3,600 10,000 23,700 28.840 6,660 6,300 4.620 25,000 10,000 2,765 1,000 1,725 5,096 1.000 26.400 14,560 12,500 18.510 3,500 10.000 1.000 29,260 28,260 18.507 I,soo 307,252 299,411 Page 20 continued... Wi5hiiJg Well Project Note5 to tlie Fiiiaiicial SlateTnenls Continued for tlie yeai- ended 30 April 2024 INCOME FROM CHARITABLI ACTIVITIES 2024 2023 Activity Meal Provision F.Iderly Care l Day Cc2re l Lunchcliib Pickmere Tli%tro Lagle Bridge C'.¢ife Rooiii 14ire I c.leaning Yoiins7 Person support Life Loiig Learning l Education i￿S Extemal Calering Mill House Charitable activities C"haiitable aclivilies 194,053 44,846 79,609 65,114 27,417 108,627 14.702 2,122 49,669 80.524 172,534 51,313 95,895 50,865 22,010 99,896 6,174 2,532 Cliarilable activities Chai-ilable activities Cliarilable activities Charitable activities Charilablt activities Charitable activities Charitable activities 63,912 666,683 565.131 CFIARITABLE AcfiviTIES COSTS Support Losls (see note 5) Direct Costs Tota15 Charitable aclivities 977.804 32.980 1,010,784 SUPPORT COSTS Govemance cost5 Charitable activities 32,980 NET INCOMEI(EXPENDITURE) Net income/(expenditure) is stated afier chargingllciediting).. 2024 2023 Depiecialion- owned assets Hire af plant cind machinery 1,409 7.166 14,369 3.680 Page21 ontinued... Wishing Well Project Notes to the FiD#n¢i#l Si2tements- continiieil for the year ended 30 Api'il 2024 TRUSTEES, REMUNERATION AND BENEFITS There weie no trustees, reniuneration or other benefit5 foi the year ended 30 Api'il 2024 nor for ti)e year ended 30 April 2023. Ti'ustees, expense5 There were i)0 Irustees, expenses paid for the year ended 30 April 2024 nor for Il)e year ended 30 April 2023. STAFF COSTS 2024 2023 Wages and %¢llaric.% Social seciirity costs ()ther pcnsioii c051s 525,507 28.045 8,403 494,492 23,221 7,806 561.955 525,519 The av¢rage Jnonlhly number of einployee5 during ihe year was as follow5-. 2024 38 2023 28 Employee No employee received iemuneration of more than £60,000. None of the tnisiees were remuneTated or received any otl)er benefilg during the year. None of the Inistees incurr¢d or were reiinbursed any expenses during the year. The tolal dmount of einployee benefits by the Compic ny's key management personnel was £84,256 {2023.' £79,041). No benefit5 it] kind #re received by ai)y niembers of the management team. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITlkS Unrestricted fund Restricied fund Total funds INCOME AND ENDOWMENTS FROM Donation% and legaci 9,210 310,658 319,868 Chai'itable 2ctivitie5 Meal PTovision Elderly CaTe / Day Care l Lunchclub Pickmere Bistro lagle Bridge Cafe Room Hire I Cleaning Young Person Support Life Long Learning l Education IRES Mill House 172,534 51,313 95,895 50,865 22,010 99,896 6,174 2,532 63,912 172,534 51.313 95,895 50,865 22.010 99,896 6,174 2,532 63,912 Total 574,341 310,658 884,999 Page 22 continued... Wishing Well Pi'oje¢t Note5 to the Financial Stattmenls- Continued for the yeai. ended 30 April 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - ¢ontÉnued Unrestricted Restricted fund fund Total nds XPCI NDITURE ON Cli2ritable activities Charilable activitie5 661,918 270,374 932,292 NET INCOME/(EXPENDITURE) 187.577) 40.284 {47.293) RE4 CONCILIATION OF FUNDS Total fiiiid5 brought fonvaid 219,457 68,030 287.487 TOTAL FUNDS CARRIED FORWARD 131.880 108,314 240,194 io. TANGIBLE FIXED ASSETS Fixtures and fittings Leasehold linprovem¢nts Planl and Imachinery COST Ai l May 2023 Addition5 9,532 18,945 26,659 At 30 April 2024 9,532 18,945 26,659 DEPRECIATION At l May 2023 Charge for year 2,383 2.383 12.770 1,544 12.459 3,550 At 30 April 2024 4,766 14.314 16,009 NF.T BOOK VALUE At 30 April 2U24 4,766 4,631 10,650 At 30 April 2023 7.149 6,175 14,200 Page 23 coniinued. Wisliing Well Project Notes to the fiiniiiicial Stld tenieiits- continiied foi- tbe year ended 30 Api'il 2024 io. TANGIBLE FIXED ASSETS- continued Mator vehicles CDinputcr equipment Totals COST Ai l May 2023 Additions 39,615 12,275 188 107,026 188 AI 30 April 2024 39,615 12,463 107,214 DEPRECIATION At l May 2023 Charge for year 25,434 3,545 11.693 387 64,739 11,409 At 30 April 2024 28.979 12,080 76,148 NET BOOK VALUE At 30 April 2024 10.636 383 31,066 At 30 ApTjI 2023 14,181 582 42,287 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Other debtors 57,638 320 112,305 932 57.958 13,237 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Social securiiy and other taxe5 VAT Other Creditors Accrued expenses 2,784 11,034 71.418 2,055 31,400 1,957 11,276 75,018 118,691 88,251 Page 24 continiied... Wishing Well Project Nole.s to the Financial Siatement5- Continued foi. the y¢&r ended 30 April 2024 13. MOVEMENT IN FUNDS Net movenient in funds At 30.4.24 At 1.5.23 Unrestricted funds General fi]nd 131,880 6,072 137.952 Resti'icted fund. Reslricted 108,314 (22.110) 86,204 TOTAL FUNDS 240,194 (16,0381 224.156 Net movement in funds, incliided in Ihe above are as follows.. Incomiiig TesuurLes Resources expended Moveinenl iji fuiids Uiii'e51ricted I'iin(Is Geiiei'al ￿lId 678,411 (672,3391 6,072 Resti'i¢ted funds Re5tl-iLted 316.335 (338,4451 (22,110) TOT AL FUNDS 994,746 11.010,784} (16,038) Compai'ative5 for movement in funds Net Movement in funds At 30.4.23 At 1.5.22 Uni'estrieted fund5 G¢neral fund 219,457 187,577) 131,880 Restricted funds Reslricted 68,030 40,284 108,314 TOTAL FUNDS 287.487 (47,293) 240.194 Page 25 Continued.. Wishing Well Project Note5 lo tlje Fingncial Statement5 continued for the yeai. ended 30 April 2024 13. MOVEMENT IN FUNDS- eontinued Camparative net Tnovement in funds, included in the above are as follows.. Jncotniii resources Resources expended Moveinenl in fvnds Unrestricted fuiids GeneTal fund 574,341 (661,918) 187.577) Restricted funds Restricted 310,658 (270,374) 40,284 TOTAL FUNDS 884.999 (932,292) (47.293) A current year 12 months and prior yeai. 12 months combined position 15 as follows.. Net movement iii ftinds At 30.4.24 At 1.5.22 Unrestrieteil funds Gencral fund 219,457 {81,5051 137,952 Restillcted funds Resii-icted 68,030 18,174 86,204 TOTAL FUNDS 287,487 (63,331} 224.156 A cu￿ent year 12 months and prior yeaT 12 monihs combined net movenient in fvnds, included in the nbove are as follows.. Incomin resources Resources expended Movement in fi)nd5 Unrestrieled funds General fund 1.252.752 (1,334,257) {81.5051 Restricted funds Restricted 626,993 (608,8191 18,174 TOTAL FUNDS 1,879,745 (1,943,076) (63,331) Page 26 continiied... Wishing W¢ll Project Note5 to the Financial Slgtements- continued for the year elided 30 April 2024 14. EMPLOYEE BENEFIT OBLIGATIONS The cnmpany operate5 a defined eontributions pensioi) scheine. Jlie assets ofthe selienie aTe held separately from those of Il)e company in an independeiiily adiniiiisiered fund. The peiision cost chai"bFe represents contributions payable by the compai)y to the fvnd and amounted lo £8,403 (2023 - £7.806). 15. RELATED PARTY DISCLOSURES There ￿'el.¢ 110 related party ti'ansactions foi. Il)e yeai" ended 30 April 2024. Pag¢ 27