REGISTERED CHARITY NUMBER.. 1181440 Unaudlted FlTrancial Staternents lorth• Y•ar End•d 31st March 2023 ATC Advisors Chartefed Accountants 2 Dvnheved Cl￿rt 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$iees ptesent their wrylh Ihe finan(73151atements of Ihe charity for the year endèy 31st Mar¢h 2¢Y23 The trustees have adopted the prowsioTrs of Accounting and Report%n9 by Chafit*$". $tste￿￿nt 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 r*ed$ 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￿$10n among c￿ldren special edaKabonal Fwd$ afid Ihesr faTnilE51carets In Cornwall and Devon who are 50cialty excluded from SoC￿ty or part5 of socw as a resutt of their special eduotional r*ed5 by il Providing edwab.on and informatH)n to support and en8￿ patentsicarers to m￿Mile educats'cf*al opportLtnrti&s for their child1child￿n Ill RaisirFg public aware￿55 of the issues affethng chddren with speoal edtscaliwl I￿ed$ and ￿￿1r familylcarers. both geneially relation to t￿￿1[ 5LK*al exclu5K)n iiil Providing advocacy. stspport and advice throughouL A¢lJvlth$ for ¢ho PUWSC B*n•fft The Iwst&s confiim Ihat they haye referted to the 9uidance Cl￿tal￿ in Ihe Chafity Commtssion's general guklance on publie benefit when revthiNJ Ihe CIO'S atrms and rtjiettffts ￿ plannityj future auivit￿5 The main actNit￿S LanSEN have undertaken in relation to the obJ"ectiNes sd m Ihe governir*J dtstyjrnont are. - Regular youlh group5 and home ieamirvJ group5 are tse￿9 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 fa*r arml a themed quiz night In lh8 Auturnn a famity day was organi8ed. on8 of the IrKal busir*esses knrmlty allowed us to use their laci1rt￿$. Acb"vilies were organised for ¢hildFen wtth a BBQ and h￿e￿nth cakes etcfoi sa LanSEN participated in a late-nigm Chri8tmas showrv3 e￿rIenC* hekl l¢Jcalty whtch was sur¢)orted by many of tyjr farnilie5 and Some of the local businesses IA La¥nceston On St PiFans day a Comtsh themed quit wa5 hekl whtth *E¢I atteThled by sorrE ol O¢Jf knilies and the thal commLÈnity. Being adwe in the local comrnunty allo￿ a 4wdef awareness of the ￿rk and supp)rt LanSEN Together can and does offer families and caiers wilhin the ILKality. Farnilie5 and carers who h8ve aliended ses8ions ha¥e PiQ¥Kled pOS￿¥e (ee¢lback as **ll as introjuung oth8[5 to ou¥ gfOUPS. LanSEN Together have now wured its own premises wthin Launceston on a 3 year18ase. This achievernent will alkjw the ch8r*ty to offer o WbJer range of ac41vit￿$ Inhouse a￿1 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￿$ re￿Ned 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• nd￿t 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 e*am￿at￿)n of ￿ afxMwnts of LanSEN To9ether ltho Tfu5tl for the year ended 31$t March 2023. Respon8lbil*i•s and ba81s of rewt A$ 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 reSp￿t of rny examTn*K)n of lh8 Tnbsfs accwrts carried out Se¢tson 145 of th8 Act and in ¢3tYying out my examinalK)n I have follow*J 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 rna*tial leS￿L accoJnb"ng records ￿re not kèpt in ￿SpeCt of the Twu51 as requKed by Section 130 ofthe Acl, or the accounts do not ac￿r￿ w¢h those record5". or the accounts do not ccffjpty the applicable requwrwts c￿lCern1rS9 the forw and content of accounts 5•t out in the Charities IA¢touDts and ReF*￿s) Rwulatyoft$ 21th othei than any W￿re[￿nI that accounts give a true and fair w8wvthich i8 not a matter CO￿1￿ as part of an ￿d￿ndent gxaminabon. I ha¥e no con(*rns and havt Gome a¢xw no other mattws in connection *7lh tF* ex￿inatIOn 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 ExPEND￿vRE ON hyritable activitie5 Charitsble Ad1vit￿$ 10.076 11,666 8.849 NET INCOMEIIEXPEND￿￿REl 3.535 176 3.711 17.2211 RECONCILIATION OF FUNDS Totsi funds brought forward 15761 12,451 I1￿15 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 f￿ling 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.$86 11,875 TIE financial 8latements were approwl by Ihe Board ol TAtstee5 and aulIK)ri￿ issue 10107AOQ3....................... and svjned on its tehalf by". L ￿"tt5- Tfustee The note5 Icrfm part Of1￿ fir￿[￿1￿7 ststwents Page 6 LarbSEN T Not•$ 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 ReCoMtr*r￿ed PtacDce" Accounting and Reporbng by Charities preparing theif accounts in accordan￿ wrth the Financjal RwEtitvJ StatKlard ap￿Icable in the UK and Reputsi¢ of I￿land IFRS 1021 issued on 16 J￿Y 2014 a￿$ the Financial Rwitsruj s￿n￿a*d appI￿ab￿ in the Unit&J Kingdom and Republ￿ of Irelafid IFRS 1021 the Charities Act 2011 and UK C*nerally 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 Regulat￿n8 2008 onty to Ihe extenr r*quired to prowde a 'tr￿ and fair ew. This departu￿ has Involved folh7wing Accounting and Reporting by Charities p￿paring their account$ in 8ccord&nc8 Wrth Ihe Fiaanual ReporbThJ Stsndard appts"Cab￿ in the UK and Repu￿￿ of I￿1>￿￿ 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(l*awn. 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 T￿Ned 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 Sett￿Ment anLI Ihe amount of the obl¥Jation can be measured rel*bty 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 PartI￿18r headings have b8en albcat*J 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 eX￿pt from tax on ts tharitatye acti￿tieS. Fund acCoun￿ng un￿lri￿ed funds can te used in a¢¢oTdaJu the Charilab￿ obpcl￿S 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