REGISTERED CHARITY NUMBER.. 1181440 Unaudlted FlTrancial Staternents lorth• Y•ar End•d 31st March 2023 ATC Advisors Chartefed Accountants 2 Dvnheved Clrt Pennyglllatn Way LAUNCESTON Cornwall PL15 7EO
LanSEN T ntents of the Finan¢ial Sl rtho Y•ar En 1 t March 2023 P•g* Report of th• Trustws •pendent Examln•ts Report stat¥&1 of Flnancial Adiv Balanu Shaet Notes to the Flnanclal Statsmenls 7 to 12 tktalled Stat•m•nt of Flnancial Acilviti 13
ENT ort of the Trusiees for lh• Year Ended 31st March 2023 The tru$iees ptesent their wrylh Ihe finan(73151atements of Ihe charity for the year endèy 31st Mar¢h 2¢Y23 The trustees have adopted the prowsioTrs of Accounting and Report%n9 by Chafit$". $tstent of Reccrfrmen($8d Practice applicable to chanties preparing their accounts in accordance with the Financial Reporting Standard applicab In the UK and Republic of Irela[ IFRS 1021 lellec¢isE l January 20191. OBJECTIVES AND ACTIVITIES Obje¢liv¢$ and aifn5 11 To fvlfil the needs of thildren with speaal educational red$ and their famiW¢arer5 in Cornwall anij Devon by providing adviee, gu"hlance and 5UPPOrt aftd by provKliro or as51Stir¥J in the prowsion ol laalities fv recreation the Int¥1 of so&al welfa. 21 To promote social Ind$10n among cldren special edaKabonal Fwd$ afid Ihesr faTnilE51carets In Cornwall and Devon who are 50cialty excluded from SoCty or part5 of socw as a resutt of their special eduotional red5 by il Providing edwab.on and informatH)n to support and en8 patentsicarers to mMile educats'cfal opportLtnrti&s for their child1childn Ill RaisirFg public aware55 of the issues affethng chddren with speoal edtscaliwl Ied$ and 1r familylcarers. both geneially relation to t1[ 5LKal exclu5K)n iiil Providing advocacy. stspport and advice throughouL A¢lJvlth$ for ¢ho PUWSC Bn•fft The Iwst&s confiim Ihat they haye referted to the 9uidance Cltal in Ihe Chafity Commtssion's general guklance on publie benefit when revthiNJ Ihe CIO'S atrms and rtjiettffts plannityj future auivit5 The main actNitS LanSEN have undertaken in relation to the obJ"ectiNes sd m Ihe governirJ dtstyjrnont are. - Regular youlh group5 and home ieamirvJ group5 are tse9 hekl In Ouf main hub Bolh groups are always well attended and the home learning groups are Ihemed for adivrties vant to tiff ol year. ACHIEVEMENT AND PERFORMANCE Achievements for the Perlod VafiOUS actyvibes have been carried out durit¥J ts year. namety an EasteT fete. famty funday. Christmas far arml a themed quiz night In lh8 Auturnn a famity day was organi8ed. on8 of the IrKal busiresses knrmlty allowed us to use their laci1rt$. Acb"vilies were organised for ¢hildFen wtth a BBQ and henth cakes etcfoi sa LanSEN participated in a late-nigm Chri8tmas showrv3 erIenC hekl l¢Jcalty whtch was sur¢)orted by many of tyjr farnilie5 and Some of the local businesses IA La¥nceston On St PiFans day a Comtsh themed quit wa5 hekl whtth E¢I atteThled by sorrE ol O¢Jf knilies and the thal commLÈnity. Being adwe in the local comrnunty allo a 4wdef awareness of the rk and supp)rt LanSEN Together can and does offer families and caiers wilhin the ILKality. Farnilie5 and carers who h8ve aliended ses8ions ha¥e PiQ¥Kled pOS¥e (ee¢lback as ll as introjuung oth8[5 to ou¥ gfOUPS. LanSEN Together have now wured its own premises wthin Launceston on a 3 year18ase. This achievernent will alkjw the ch8rty to offer o WbJer range of ac41vit$ Inhouse a1 allow us to wrth (xjtside 5UPPOrt groups. FINANCIAL REVIEW Princlpal Fvndlng Prinupal sources of furKling for the charty include 9rants Irom the Nabffial Lottery, local MP5 and Launceston Town CourEcil. Other funding afises from lundr8i%ing activittes organtsed by the charity and donati$ reNed from Ihè gtsnèral public. Major risks The m4or nsks 1¢ whKh fhe tharity is exp)sed as klenlrfRd ty the trustees tX*)tinue to revwed and systems have been establi$W to mitigat8 those risks. Page I
ort of the Trustee5 REFERENCE AND AOMINISTIIATIVE DETAILS Independent Exam4ner ATC Advisors Chartered Accountants Unit 2 Dunhev8d Court Pennygsllam Way LAUNCESTON Comwall PL15 7ED Apprtsv by order ¢fth$ board ol trustee5 on. 10107f2023 and siJ¢ ned on its behaff by. Ms L Pstts- Trustee Page 3
Ind• ndt Examinerfs Re ENTO rt to the Twust••$ Ind•p¢ndent exafflln$ r•port lo th• tN5tow of LanSEN To I report to the tharity trustees on my eamat)n of afxMwnts of LanSEN To9ether ltho Tfu5tl for the year ended 31$t March 2023. Respon8lbili•s and ba81s of rewt A$ th& charity trustees of the Tntst you are StrAe for the preparab.on of the xcowts in accordance wrth th8 rèquirements of the Chaiti88 Act 2011 Iyhe Acn. I report in reSpt of rny examTnK)n of lh8 Tnbsfs accwrts carried out Se¢tson 145 of th8 Act and in ¢3tYying out my examinalK)n I have followJ all applieable D¥ections giv80 ty the Chanty Ccffirniss uKler Section 1451Sllbl ol the Act. Independent exarnin•rf$ statement I have Completed rny exarnination. I confirm that rn materia matters have (me to my attention in cthne¢tion with the exarnmiathon gMTrJ m8 caiise to beswe that in any rnatial leSL accoJnb"ng records re not kèpt in SpeCt of the Twu51 as requKed by Section 130 ofthe Acl, or the accounts do not acr w¢h those record5". or the accounts do not ccffjpty the applicable requwrwts clCern1rS9 the forw and content of accounts 5•t out in the Charities IA¢touDts and ReFs) Rwulatyoft$ 21th othei than any Wre[nI that accounts give a true and fair w8wvthich i8 not a matter CO1 as part of an dndent gxaminabon. I ha¥e no con(rns and havt Gome a¢xw no other mattws in connection 7lh tF* exinatIOn to which attention should drawn in this report in order to enab a proppr w)defstandiThJ of the a¢¢wnts to be reached hfv8SAGay ATC Advisor5 Charte A¢¢ount8nt5 Unrt 2 Dunheved Court Pennygillarn Way LAUNCESTON Gornwall PL15 7ED Date.. Page 4
LanSEN T Statsment of Financlal A¢tlvlli&$ foFthe Year Ended 31st March 2023 2023 Total funds 2022 Ti)tal funds Unreslrit#ed fund Restrthd INCOME AND ENDOVIMENTS FROM Don3lion$ and l¢gaoes 5.074 10,252 15.326 1,183 Other trad5r¥J ad.tht oth•r Income 380 65 51 51 Totsl 5.12S 1Q.252 13.377 1.628 ExPENDvRE ON hyritable activitie5 Charitsble Ad1vit$ 10.076 11,666 8.849 NET INCOMEIIEXPENDREl 3.535 176 3.711 17.2211 RECONCILIATION OF FUNDS Totsi funds brought forward 15761 12,451 I115 19,096 TOTAL FUNDS CARRIED FORWARD 2.959 12.627 15.586 11.875 Pa9e 5
Balan¢¢ Sh¢¢t 31$ March 2023 2023 Total fvnds 2022 Total fvnds Unr8slri(Xed Reskncted FIXED ASSETS Taroible assets $0¢4al investrnents 1,447 IA47 1613 1,929 3.887 2,613 2.613 1847 4,060 5.816 CURRENT ASSETS Debtors Cash at bank and in harxl 9)3 $03 11,180 10.686 11.180 11.683 10.686 CREDITORS nts fling du• one year 10 {1571 14.627) NET CiIRRENT ASSErs 11,180 11.526 6.059 TOTAL ASSETS LESS CURRENT LIABIUTIES 12.637 15,586 11.875 NET ASSETS 2.9 12.627 15.586 tl.875 FUNDS Unrestricted fund5 Restricted fvjnds 2.959 12,627 15761 12,451 TOTAL FUNDS 15.$86 11,875 TIE financial 8latements were approwl by Ihe Board ol TAtstee5 and aulIK)ri issue 10107AOQ3....................... and svjned on its tehalf by". L "tt5- Tfustee The note5 Icrfm part Of1 fir[17 ststwents Page 6
LarbSEN T Not•$ tts the Financlal Statements nd•d 31st March 2023 ACCOUNTrNG POLICIES Basla of preparlng the Iln?n¢lal slat•m•nts The financial statements of the CIO. which i% a pUb"C terEfft entity under FRS 102. have been prepared in accordance with the Ststement ol ReCoMtrred PtacDce" Accounting and Reporbng by Charities preparing theif accounts in accordan wrth the Financjal RwEtitvJ StatKlard apIcable in the UK and Reputsi¢ of Iland IFRS 1021 issued on 16 JY 2014 a$ the Financial Rwitsruj snad appIab in the Unit&J Kingdom and Republ of Irelafid IFRS 1021 the Charities Act 2011 and UK Cnerally Accepied Ptactice a$ rt applvès from 1 January 2015. The accounts lfinancial stafernentsl have prepared to give a 'twe lair ¥vaw and have departed from the Charities (Accounts and Repoftsl Regulatn8 2008 onty to Ihe extenr rquired to prowde a 'tr and fair ew. This departu has Involved folh7wing Accounting and Reporting by Charities pparing their account$ in 8ccord&nc8 Wrth Ihe Fiaanual ReporbThJ Stsndard appts"Cab in the UK and Repu of I1> IFRS 1021 Issued on 16 Juty 2014 rather than the Ac(xJuntin9 artd Reporting by Chanties" Stalement of Re¢DmmerKled Practi effoc"v8 from 1 April 2005 vlhith has since been 7Mth(lawn. The accounts h3ve been prepared undei the historical cost convention on a receipt5 and p8yrneTrts basis Income All Incorne 15 recognised in the Siatement OF Ftnanoal klivities once the Cha h85 entiliement lo Ihe lunds. it Is probable that the incorne will be TNed ancl the amount Can be measured reliably Exptnditure Ii2bilities are recogTrised as expenditu as soon as there is a kgal or con8tru¢Xwe obligatK)n cotnfflilting the chanty to that expenditure, rt Is probable that a tfaftsler of e¢on(xThc benefits will be rwuired In SettMent anLI Ihe amount of the obl¥Jation can be measured relbty Expenditu Ès accounted for on an payments basi$ and has been da5sifE(l under heading5 that aggregate all Cost related to the ralegory Where costs cznnot be directly attribute(S to PartI18r headings have b8en albcatJ to athitw on a basts ¢on$i5tent wrth the use of resources Tanglble flxed a¥wl$ Depretsation is provideil at the foltowÈry annual rates In order to wrthe off ead) ass over rts e5tirnated useful life. Cornpuler equippT%nt 25% on reducing baLan Taxaiiort The tharity Is eXpt from tax on ts tharitatye actitieS. Fund acCounng unlried funds can te used in a¢¢oTdaJu the Charilab obpclS at discrelion ofthe Irustees. Restricted funds can only be used for parbculaF restrthLI ptWP05es wthin the objects of the charity. R05triclions aris8 when sp8cffied by Ihe donor or when funds are raised for particular re5tllcted purposes. Further explanation of the n8tsj purpose of each fund 15 tsndLthd in the notes lo the financial statements. Soc131 Inv¢stff*nts Social inve$trnents represent a programme related investrnèrrt in the lomi of a concessionary b)an. This has been re¢ogni$e<l at the ¢arying amovTrt after the aFpl10Th of interÈst at the agreed rate. DONATtONS AND LEGACIES 2023 2022 Donab"on5 Grants 1.308 13,021 997 384 2W 599 15.326 1,163 Pa98 7 contsnued...
to the Financial Statemerits. ¢onllnued Year Ended 31$1 M rch 2023 DONATIONS tr4D LEGACIES. contlnuod Grants r8cwd. induded in the abjve. are as folioknE'. 2023 2022 Na¢81 Lottery Other grants 10,000 3.021 200 13.021 200 OTHER TRADING ACTIVITIES 2023 2022 Fundrw$ OTHER INCOME 2023 2022 IntW8sI receivab 51 65 TRUSTEES. RÉMUNERATION AND BE14EFITS tsustees 8119ive Iheir trne expertise freety lhOt any form ol ruratIon or oth¢r benefit in eash or kind. Trusteos. gxp•nseg Therè +fe no trustees. eynses p3KJ the year ended 31st Marth 2Ct23 noT for the yeaF ended 31st March 2022. COMPARAYNES FOR THE STATEMENT OF FINANCIAL A¢TIVITtES Unrestricted Restrth fitsnd Total lunds INCOME AND ENDOYIMENTS FROM DOnatiS and L89ac$ 1.183 1,183 othertr¥Jing actiwliBs Other inccffl8 380 65 Totsl 1.628 1.628 EXPEPIDITURE ON Charitablp activlties Charitabk ACvitIes 991 7.B58 8,849 NET tNCOMEIIEXPENDITURE) 637 (7.8581 17,2211 RECONCILEATION OF FUNOS Total lund$ bnwht fogw8rd 11.2131 19.096 TOTAL FUNDS CARRIED FORWARD 15761 12.451 11,875 P4e8 continuad...
L8nSEN T Now to the Financlal Stst¢m¢nts - cor411nwl for th• Y•ar En ed 31st March 2 11. MOVEMENT IN FUNDS - COthinu•d Net movemgnt in funds. indwjed in the above e as101$.. InCri[¥j R•sOUr Movement resourees exFeTrd8d In funds Unw$lri¢t•d fvnds General luvd 4125 11,5901 3,535 Rèstrlcted funds Restr4Cted Funtl 10.252 110,0761 176 TOTAL FUNDS 15.377 111.6661 3,711 Comparativ for movement in lunds Net movement In lunds At 1.4.21 31.3.22 UBw$tri¢t¢d funds Genwal fund 11.2131 637 157fj1 Restrictsd fund5 Restricted Fund 17.8581 12.451 TOTAL FUNDS 19. 17.2211 11.875 Comparative ntrt Mo¥ent in lund5. indud8d in the abThE are as follcmts.. In¢(ming resotsr R8sOUr Movement expended in lunds Unrèstrlcted funds G•neral fvNI 1.628 19911 637 R•strkt¢d fvnds Re$tncled Fund 17.8581 17.8581 TOTAL FUNDS 1,628 18.8491 17.2211 A ¢urrent year 12 rnoTrth$ and pfh)r year 12 monlhs ccfflbingj positv)n is as foltth¥s'. Nel movement in lunds At 31.3.23 At 1.4_21 Unrstrlcted lunds Gengral furnl 11,2131 4.172 2.959 RestFlcted fund$ Re$lrict&l Fund 17,6821 12.627 Tor FUNOS 19, 13,5101 15.586 Pag& 10 conlinL¢ed...
LanSEN T Notès to the Financial Statemenls. contin1 o Y•ar Ended 31st M8 11. MOVEMENT IN FUPIDS- contlnued A current year 12 month5 and pnor year 12 month$ net Movent in fvnds. inCtled in the at)ve a a$ follows IFWrniThJ Resour Movomènt In fvnd5 UnrostTicled funds General fund 6.753 12.5811 4172 R•$trkt•(f fund$ Restricted FurKI 10.252 117.9341 17.8821 TOTAL FUNDS 17.005 120.5151 13.5101 RESTRICTED FUNDS National Lotte In 2020 £10.(lJ) was recei¥ed from the NalEonal Lottery ttMaTds re5oul for the Youth gfOUP and for a sen50ry room and equipment. These funds have row all been spent on te5wr to enab these groups to run A furiher £I0.LIJO was re1Ve fr(xn the Natyonal Lottery In February 2021 t{ardS the running of groups and equfprnent As at 31sl March 2023 a balan( of [1.280 rernains after sFendiro durtrng the Ye totalling £7.920. In Septwnber 222 a lurtheT £to.tM)O w35 reces¥ed from the Natn81 Loiiw unspent antl 15 avai18bk for use in tuttsre pEJ5 Tl laptop fur¥S represents monies recewed In 2021 towards the PVFth858 of laptops. These fUts a betn released fioEn rE5tricted fund through depreciation. Launceston Town Coun1 £250 was Teceived in the year for Stationery. re(whnts and thrt15mg The bajants or¢ this fvnd was Utl$ed In Ihe year Local Connect F In 2021 £2.220 was recew•l tardS the pur¢ha$e of iPads £1.974 was stt in the year on iPads which 1$ being released from the r8strtcted lund through depretiatron. The balance has beÈn utilised In full iPad ¢ases Apple subscplion5. al¢ With PaYntS for intervl used by the iPads. Transfeys BetsRen Furnjs Asat 01.04.2022 IncoThtvJ Restsurts 3t.03.2023 Unrestricted Funds General Fun 15761 5.125 2.959 Restrlcted Fund$ Lotto Gonl 2020 Lotto Grant 2021 Laptops Local Connect Lotto Grant 2022 1.339 11.3391 17.9201 1.280 236 348 14531 12521 252 Launceston Town Counril 10.(XKI 10.000 12.451 10.252 110.0761 12.627 Total Funds 11.875 15.377 {11.6661 15.586 Paw 11 continued...
LanSEN T to th8 Flnancial Stolements - contlnued for the Ye rEn ed 31st March 202 12. ReLATED PARTY OISCLOSURES In the Fxevis year, a Con81¥Y h)an for£5.(W was provh1¢d to Man"a L&v50n Ifounderl. At 0$ 31st March 2023 a balance of£2.613 was lo Ihe chatht. 13. PROGRAMME RELATED INYESTMEp¥rs A oJnc855ionary loan for £5,C#)) issued during the wevths yearwith an inieres¢ rats of 2% PEr anntwn. Ths is bein9 ¥epahl in equal instsknents over 36 rnonth5. 2023 2022 wlhin OTr3 year Due over ore year 1.715 1.705 2.182 2.613 3.887 Page 12
LanSEN T ether Oetailed Statement of Flnan¢4al Adivilles for the Year Ended 31st March 2023 2023 Total funds 2022 Tolal funds funds Jnds INCOME AND ENDOWMENTS Donallon5 and legacies Donations Grants Activities 1.056 3.011 2S2 10,000 1.308 13.021 200 599 5,074 10.252 15,326 1.183 Othèr trading actfvlti85 Fundraising Other incomo Interest receivabte 51 51 65 Total incomln9 resourGs 5.125 10.252 15.377 1.628 EXPENDITURE Ch8rStable aclkvllbgs Light and hèat Tdephone Sundriès Advert4sin9 Insurance Repai Po$ts9e & stationery Resource$ Renl Dopieaaknon 337 337 847 957 48 18 304 439 298 73 2,118 5.143 482 439 298 73 2.118 5.143 336 208 2.388 3.260 643 10.041 10,041 7858 Support costs Go¥¢man¢p ¢o$l$ AccountsKy Profe55ional fees 860 331 35 935 1,590 35 1,625 YY1 Total resources tsypended 1,590 fO,076 11,66fj 8.849 Net lexpondltur•Vlncomè 176 3,711 17.2211 This page does nol part ofll slatutory fjnanaal statements Pa9e13