THE PROVIDENCE HOUSE TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CHARITY COMMISSION NUMBER 1181473 Jacob Cavenagh & Skeet Chartered Accountants 5 Robin Hood Lane Sutton Surrey SM12SW
THE PROVIDENCE HOUSE TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Contents Page Referen and Adrninislrative Details Trustees, Annual Report Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10 11-19
THE PROVIDENCE HOUSE TRUST REFERENCE AND ADMINISTRATIVE DETAILS Trustses R Musgrave MBE I Smith S Musgrave B Drysdale P Doman W Adesina (resigned 18th September 2023) D Eno (appointed 29th November 2023) C Chiejine (appointed 7th March 2024) Princlpal Addre88 138 Falcon Road London SW112LW Bankers CAF Bank Ltd Independent Examiners Jacob Cavenagh & Skeet 5 Robin Hood Lane Sutton Surrey SM12SW Legal Statu• The charity is a Charitable Incorporated Organisation, number 1181473, govemed by a constitution. Page 1
THE PROVIDENCE HOUSE TRUST TRUSTEES, ANNUAL REPORT The trustees have pleasure in submitting their annual report for the year ended 31 March 2024 and confirm that the financial statements have been prepared under the Charitres Act 2011 and in accordance with the Charities. Statement of Recornmended Practi (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102). STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is a Charitable Incorporated Organisation. number 1181473. govemed by a constitution. The trustees who seNed duriNJ the year and up to the date of signatures of the financial ststements are Set out on page 1. One of the trustee5 reSned in the last 12 months, and Providence House continues to recruit trustees who strengthen the board. which currently combines both technical and community experience in rts membership. New trustees are sponsored by the existing members to ensure a range of skills is represented across the board. Prospective trustees are invrted to join a trustee meeting and review some introductory material. Once appoinled, they are gNen appropriate training as needed. OBJECTIVES AND ACTIVITIES The Providence House Trust was established for the use and operation of the propety at 138 Falcon Road, London. The headline purposes of The Providence House Trust are to advance the Christian faith, and to act in particular foT children & young people by providing advice and assistance and organising programmes of physical, educational, spiritual and other activrties as a means of advancing in lrfe and helping young people by developing their skills. capacities and capabilities. Publlc benefit When planning the chanty's activit. the trustees have considered the Charity Commission's guidance on public benefft. ProvKlence House exists solely and exdusively for the public benefit of those age appropriate members of the local communty. in Battersea and Wandsworth borough (in practi but not exclusively, London SW18), that wish so to avail themselves of the recreational, educational and social assernbly provisions that are made available at or through Providence House. The published constFtulion of the charity sets out the purposes, aims and objectives of the organisation and the annual trustees, report is issued herewith in demonstration that these purposes are being mel in the on-going activities of the charity. Partnern Other Key partners have been.. the Shallowford Trusl, wth whom we work with the residential programmes to Easl Shallowford., Youth Batter5ea a collective of local youth dubs W01ng together to support young people., World Heart Beat Music Academy who deliver vocal workshops to our young people, SW Lions who deliver sports and football training, Battersea Summer Scheme and Battersea Crime Prevention Panel, who have supported our summer and residential programmes,. Waste not want not Battensea, wilh whom we have partnered in local events and activities" Big Local SW11, whose funds we manage as a local trusted organisation, and who with The Allian we collaborate extensively in the communty. Providence House continues to work alongside other local youth organisations and is increasing its links with the immediate local churches to advance communty work in the area. Page 2
THE PROVIDENCE HOUSE TRUST TRUSTEES, ANNUAL REPORT (ContinLd) ACHIEVEMENTS AND PERFORMANCE The past year has been the conlinualion of a major transition as a new normal has continued to develop. There has been a clear acknowledgement of the necessty to sustsin the work ofthe charity while building new infrastruCreS to support the wotk we are doing into the future. This has included the trust appointing an tndeperKlent consuttant to support the trust in creating a new business strategy with clear vision and to implement polic*s and pro(xdures that support clear delivery plans. We have sustained the majority of our delivery up to this point and have reached the end of our first year of National Lottery Reaching Communities fvndlng. Delivery has included a mixture of ongoing •ngagemont and mulli activities sessions with specffic creative projects and opportunFties to develop skills and talents and showcase achievemenl within the community. We hosted the last of our 60th lebratiOn evenls in March wrth the unveiling of the blu8 plaqu• for our fourKler Miss Braund. We have idenbfied the need to rnfocu8 vlshon and governance proceum in line with a smaller operatr'on and to support the team as they support thildren and young people with complex needs. This has highlighted the additional needs of children and young people and those involved wtth extemal support services and has led to reviewing our membership and delivery plans to ensure we have the right Safeguarding and best practice measures in place. We follow the requirements of UK legislation in relation to safeguarding children and vulnerable adults and current best practi recommendations based on advice frcffi Wandsworth Council and NSPCC. Our appointed Desnated Safeguarding Lead (DSL) is Esther Clevely (Director). Funding has been slow as we have made the conscious decision to d•v•lop our stratsgy and plans before applying for further long temi funding. This has led to a focus on applications to furKls for corn costs to cover short fall rather Ihan increase and exparKI our work. We continue to work in partnership with other local organisations specifically developing joint 8tratsgies this continues to increase our impact and reach within the cornmunty. Over the past year we have remained committed to our partnership with The Alliance and Youth Batternoa taking part in plans for this yearfs communty festival and conversations relab'ng lo the growth of Youth Battersea wrthAppl•. Battersea P0r Stationwith support fromfunding from NHS England particularly f¢xusing on the health and wellbet'ng of children and young people across our programmes. We continue to use creativrty and the arts to support the engagement and skills and talent development of young people. The transition phase of estsblishing new foundations on top of old has proved slower and more challenging than expected but remains a core focus of the trusl as we approach another year with the ongoing pressures of securing funding and continuing to support our members as we work out the future. Safeguarding and Development Providen House recognises the Importan of safeguarding in its work wrth children. Young People and adults. We have a responvAbilty to Protect everyone entrusted to our care and we are Page 3
THE PROVIDENCE HOUSE TRUST TRUSTEES, ANNUAL REPORT (continued) committed to the safeguarding of children and vulnerable adults lo ensure their well-being. We follow the requirements of UK legislats'on in relation to safeguarding chiklren and vulnerable adults and current best practice recommendations based on the Online Safeguarding Manual created by thityone:eight- htt s'.lfthirt oneei ht.or Our appointed Designated Safeguarding Leads (DSL) a.. Esther Clevely (Director) lan Smith (Trustee) What peoplo Say about the team Team This year we were able to employ a total of 7 paid team members whom we thank again for their ongoing commitrnent lo the char"ty's work with Young People. This team is focussed on the delivery of our frontline programmes and is assisted by extemal advisers with specialist expertise in IT, communications and finan. Volunt•orn The trustees also extsnd heartfelt thanks to the charity's dedicated volunteers for the on4Joing contribution they make. In the year 202312024, 8 volunteers worked a snIfICant number of evenings supporting young people in ttr club activities. All our volunteers have enhanced DBS checks and the charity provides on4Joing development to equip them for their roles. Many in the past, as a result of working with Providence House, have moved into counselling and other pastoral roles, or joined our team as a paid team member. FINANCIAL REVIEW Total income for 202&24 was £231.910 which was an increase of £40.948 compared wrth the income of 2022-23. Restricted income accounted for about 50% of the totsl income for the charty, and these grants continue to allow us to provide new opportunities to young people in the comrnunty. R•s•rv•8 policy Trustee policy is that sufficient reseNes are held to cover one month's spending. At the year end, the charity held tolal fvnds of £79,525. of which £21,557 are restricted and £57,968 are unrestricted. Fundralslng Providen House Director works wilh a volunteer FurKlraising team, seeking financial support through charitable funding bodies and grant making institutions. providen House does not make appeals for funds beyond its members. it has therefore rK)t subscTibed to any fvndratsing regulator. Fund hold by other organisations Big Local SW11 is a resident-led community organisation funded by the Lottery. BLSW11 committee disperses its funds for the benefft of the local communty. Providen House acts as a Locally Trusted Organisation and makes payments at the committee's instruction. Their funds are held in a separate bank account. Pa9e 4
THE PROVIDENCE HOUSE TRUST TRUSTEES, ANNUAL REPORT (continued) During the year the following funds were managed: 2024 2023 Funds brought forward Funds r1Ved Grants made (i) Grant Co-ordinator and other cosls 102,818 228,582 (141.440) (98,757) (21,336) 76,154 209,801 {127,450> (31,373) (24,314) Management fee paid to PTovidence House Administration Costs Funds carried forwdrd Funds aladY awarded frorn Carried fOard funds Page S
THE PROVIDENCE HOUSE TRUST TRUSTEES, ANNUAL REPORT {continued) Fund3 hgld for other organisations Icontinued) During the year grants were made to the following institutions in accord wrth Big Local core principles: (i) Grants mado 2024 2023 AGOE 8,000 7,000 500 5.000 Alliance for Sustainable Househokls Akua Deaba 1,300 5.000 10,000 5,000 Battersea Befriending Network Battersea Jubilee 15,(X)O Begin2Sports Caius House Caius House to support Youth Voice post Cameys E33 Dance Company FC Battersea 20,000 15,268 5.000 2.000 30,000 5,000 2,000 5,000 Fitwell (ICEC) Guy's room Impact4U Wellbeing Katherine Low Settlement Katherine Low Settlement to support Volunteer Coordinator post KLS Islamic Centre 1,820 1.398 150 5,000 15.394 25,500 10,750 Maysoule Road Community Group Moses Project Pan African Book Foundation 2,000 4,000 5,000 5,000 5,000 12,410 5,000 1,000 3,000 2.500 Providen House Rotary Club of Batteraea Rooted Communty Assets St Peterfs Battersea Sensory Group Shallowford Trust (Farm2Cty) Support4Support SW Lions 5,000 4.500 9,000 Total grant expenditure P89e 6
THE PROVIDENCE HOUSE TRUST TRUSTEES, ANNUAL REPORT (Cly1nUed) TRUSTEES. RESPONSIBILITIES The trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordan with applicable law and Unrted Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charrties in England and Wales requires the trustees to prepare financial statements for each financial year which give a tnje and fair view of the stste of affairs of the charity and of the incoming resources and application of resources of the charity during that period. In preparing these financial statements, the twstees are required to: select suitable accounting policies and then app them consistently; observe the methods and principles in the Charities SORP,. make judgments and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements,. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are ponSIble for keeping proper accounts'ng records that disclose with reasonable accuracy at any time the financial posrtion of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. the Charty (Accounts and Reports) Regulations 2008, and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hen for taking reasonable steps to prevent and detect fraud and other irregularities. Approved by the trustees on 1 St November 2024 and signed on their behalf by.. I Smith Chair of Tru8tee8 Page 7
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE PROVIDENCE HOUSE TRUST I report to the chaiity trustees on my exarnination of the accounts of The Providence House Trust (the charity) for the year ended 31 March 2024 set out on pages 9 to 19. Re8ponsibilitles and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe Act,). I report in respect of rny examination of the Trust's accounts as carried out under section 145 of the Act and in carrying out My examination I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the Act. Independant •xamln•V$ statement have completed my examination. I confim thal no matters have come to my attents'on in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trusl as required by section 130 of the Act., or the accounts do not acLord with those records.. or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Report) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordance with the methods and principles of Accounting and Reporting by Charit$.. Statement of Reeomrnended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Miriam Hickson CTA FCA Jacob Cavenagh & Skeet 5 Robin Hood Lane Sutton Surrey SM12SW Date: 6 2ozip Page 8
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THE PROVIDENCE HOUSE TRUST BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Nots8 Fixed assets Tangible assets Current a88•ts Debtors Cash at bank and in hand 8,823 81,233 9,230 54.868 90,056 64,098 Cr•dltorn.' Amounts falling due within one year (10,531) (5.985) Nat current a88•ts 58.113 Net a•8•ts 79,525 58,113 Funds Restricted Funds Unrestricted Funds 10 10 21,557 57,968 25,303 32,810 Total fund8 79,525 58,113 Approved by the trustees on 1•t November 2024 and signed on their behalf by: I Smith Chair of Trustees P8ge10
THE PROVIDENCE HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES The principal accounting policies adopted, judgements, and key sources of estimation uncertainty in the preparation of Ihe financial statements are as follows". Charity infomation The Providen House Trust is a Charrtable Incorporated Organisation. The registered office is 138 Falcon Rd, London SW112LW. Accounting convention The financial ststements have been prepared undef trE Charities Act 2011 and in accordance with the Charities. Statement of Recommended Practi (Charities SORP (FRS 102) and Financial Reporting Standard 102 (FRS 102). The financial ststements are drawn up on the historical cost basis of accounting. The Providence House Trust meets the definition of a public benefit entity under FRS 102. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial ststements are rounded to the nearest £. Going coneArn At the time of approving the financial statements, the trustees have a reasonable expectstion that the chatity has adequate resources to continue in operational existen for the foreseeable future. The trustees therefore continue to adopt the goirvJ conrn basis of accounting in preparing the financial ststements. Tangible fixed a88•t8 The charty has a leasehold propety.. 138 Falcon Rd, Battersea. The building is held on a 150 year lease of which 98 years remain. The local council owns the land on which this is built. This propety is not valued in the accounts as no cost records are available. Any original costs would already have been substantially depreciated and carrying amounts are thef0 unlikely to be material. Unrn8tricted fund• These are funds which can be used in accordance with the charitable objects at the discretion of the Trustees. Restrfcted funds These are funds that can only be used for the particular restricted purpose within the object of the charity. Restrictions arise when specified by the donor or when the funds are raised for particular restricted purpose. Incom• Voluntary income and donations - induding legacies and grants- are accounted for once the charity has entttlement lo the income. it is probable that the income will be received, and the amount of incorne r1Vable can be reliably determined. Lettings income is recognised when the charity is entrtled to the income. Pago 11
THE PROVIDENCE HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 {conbnued) ACCOUNTING POLICIES (contInU) Expenditure Expendrture is accrued as soon as a liabilty is considered probable. Charitable activities include all support and governan costs. Grants are induded when the payment has baen agreed by the tNstees or when awarded if that creates a binding obligation on the trustees. Debtors Tax recoverab and other debtors are included at the settlement amount due. Prepayments are valued at the amount prepaKI. Cash at bank Cash at bank indudes cash and short temi highly IUld investments with a maturity of one year or less from the date of opening of the deposrt. Creditorn and provisions Creditors and provisions are recognised when the charty has a psent obligation arising from a past event which will probably result in the transfer of funds to another paty and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount. Flnancial instruments The charity has financial assets and liabilities only of a kind that qualify as basic financial instruments. Basic financial instruments are inth'ally recognised at transaction value and subsequently measured at their settlement value. Pen8lon8 Contributions charged to the SOFA repsent the amount of contributions payable to the scheme in the accounting period. DONATIONS AND GRANTS 2024 Total 2023 Total Unrestrlcted Rostrlctod Donations Other grants Tax recoverable {Gift Aid) 16.141 25,268 1,805 16,141 137,196 1,805 13,425 104,347 3,656 111.928 43,214 111.928 155.142 121,428 Page 12
THE PROVIDENCE HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 (continued) CHARITABLE INCOME 2024 Total 2023 Total Unr•strictsd Restricted fvlanagement fee re1vable re Big Local Flat donations Other rentsl income Other income 28,374 5,500 18.458 19,214 28,374 5,500 18,458 23.907 24.314 3,150 27,786 14,086 4,693 71,546 4,693 76.239 69,336 CHARITABLE EXPENDITURE 2024 Total 2023 Total Unrestricted Restricted Accountsncy Independent Examination Bookk&ping Bank charges Cleaning Consultancy Insurance Maintenance Miscellaneous Salaries (note 5) Subscriptions Telecoms utilities Website Youth activities 2.808 1,920 5,413 2,808 1,920 5.413 3,282 1,824 4,211 24 5,607 8.974 3,933 5,392 6,125 125 12,948 1,150 3,091 12,188 2,287 26.730 8,974 3,933 5,392 6,125 125 80,738 1,150 3,091 12.188 2,287 76,354 5,309 3,477 158 86,880 1,487 2,555 7,674 1,437 76,076 67.790 49.624 93,084 117.414 210,498 200,001 Page 13
THE PROVIDENCE HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 (continu8d) STAFF COSTS 2024 2023 Wages and salaries Social security costs Pension costs 76,940 2,086 1,712 82,406 2,239 2,235 80.738 86,880 The number of full-ts'me equivalent employees during the year was three {2023: three). There were no employees whose annual remuneration was £60.000 or more. None of the trustees received any MUneration or reimbursed expenses, apart from as disclosed in Note 11. FIXED ASSETS The chaiity has a leasehold property: 138 Falcon Rd, Battersea. The building is held on a 150 year lease of which 97 years remain. The local council owns the land on which this is built. This property is not valued in the accounts as no cost records are available. Any original costs would already have been substantially depreciated and carrying amounts are therefore unlikely to be material. DEBTORS 2024 2023 Tax recoverable (Grft AKI) Accrued income 1,785 7,038 2,015 7,215 8,823 9,230 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other creditors and accruals 10,531 5,985 10.531 5,985 Page 14
THE PROVIDENCE HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 (continued) ANALYSIS OF NET ASSEfs BETWEEN FUNDS Unr•stricted Restrict•d Total Fund balances at 31 March 2024 are represented by: Current assets Credrtors due wrthin one year 68.499 (10.531) 21,557 90.056 (10,531) Total net a88ets at 31 March 2024 57,968 21,557 79,525 Unrgstricted Restrictod Total Fund balances at 31 March 2023 are represented by: Current assets Creditors due within one year 38.795 {5,985) 25,303 64,098 (5,985) Total net a88ets at 31 March 2023 32,810 25,303 58,113 Page15
THE PROVIDENCE HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 (continued) 10 FUNDS Balanc• at 1 April 2023 Transfers Balanc• at between 31 March fund8 2024 Incom• Expenditure R•$tricted Funds Battersea Festival Corporation Sound Festival 2,040 (2,040) 700 (700) Bemiuda Fund 3,000 3.245 (3,000) (885) {4,364) (10,000) (1.500) (59.767> (9,302) Director Development Holiday and Food London Community Mayorfs Fund National Lottery NHS Wellbeing grant St Thomas Church Thomas, Foundation Untold Stories 2,360 4,158 10,000 1,500 70,290 17.940 10,523 6,083 (2,555) 2,953 (2.953) 3.000 {3,000) (12,409) (2,026) (3.028) (5,393) 15,000 2.026 28 2,591 WGF PH Media Youth Music Foundation 601h anniversary 3,000 3.993 1,41)0 25.303 116,621 (117,414) {2,953) 21,557 Unr•stricted Funds General Funds 20.945 11,865 114,989 300 {91,926) (1,158) 2,953 46,961 11,007 Creative Arts 32,810 115,289 {93,084) 2,953 57,968 Page 16
THE PROVIDENCE HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 (continued) 10 FUNDS (continued) Balance at 1 April 2022 Transfers Expenditure between funds Balance at 31 March 2023 Income R•strlct•d Funds 60th Anniversary Battersea United Charities 1,51XI (100) 1,400 (2.352) (744) Bermuda Fund 3,000 3,000 Corporation Sound Festival Digital Upgrade Director Development Get Set Get Active 600 (600) 725 (725) 4,500 (1,255) 3,245 3,357 (3,357) 180 (1,025) (92) (10,884) Health & Wellbeing Holiday and Food Jubilee Fund National Lottery NHS Wellbeing grant Pick n Mix Christmas Hampers St Thomas Church {180) (9,809) (2,042) 11,040 2.134 206 10,884 (2,555) (2,555) 63 (63) 500 {500) 2,953 4,120 15,000 5,000 12,000 2.953 Thomas, Foundation {2.137) (1,983) Untold Stories 15,000 2,028 28 WGF PH Media (2,974) {20.772) Youth Music Foundation 14,430 (5,630) 30,555 64.347 (45,276) (24.323) 25,303 Unrestricted Funds General Funds 23.906 14,347 125.600 1.015 {153.169) (3,212) 24,608 (285) 20,945 11,865 Creative Arts 38,253 126,615 {156.381) 24.323 32,810 Page17
THE PROVIDENCE HOUSE TRUST NOTES TO THE FINANCL4L STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 {conlinued) 10 FUNDS (continu) 60th Anniversary: This was an internal fund that we created to raise money through the 60th events such as book sales etc. We wanted to be able to track what we raised as part of the 60th. Battersea Festival: This was a grant given to enable perfomiers to take part in the Battersea Festival in September 2023. 8erniuda Fund: Donation from David Snook towards the project to take the creative arts dan group to 8ermuda but this was cancelled due covid. rt was agreed that fvnds would be used to support young perfomers. BUC: 8atter8ea United Charitles: Local grant fund providing support for families over the winter period and a Christmas youth ice skating trip. Corporation Sound Festlval: Gtanl from Drummies Famity to hold a local community festival of sound. Dlgitsl Upgrade: Wandsworth Borough Council funded a digital upgrade in Providen House from Wandsworth Grant Fund. 05re¢tor Development Fund: Donation from ERJD Ltd to support the wellbeing. support and development of the Director. Gat Set Get Actlv•". A fund to support sporting activity from Wimbledon Foundation. Health & Wellbeing.. Wandsworth Borough Council through the Youth Service funded a Health and Wellbeing project for girls at Providence House. The transfer in the previous year was to correct misallocation in 2022. Holiday And Food: Supporting Children and Youth Holiday programmes and activities. Jubll•• Fund: Grant awarded from Wandsworth Borough Council from the Queens Platinum Jubilee fund to organise and hold a communty Jubilee Falcon Road Festival. London Communlty: This sum was given to Providence House to defray the costs of employing the Director during the year to March 2024 . Mayor's Fund: This was a srnall gfant given to support youth development at PrOVence House. National Lottery: Second year of a Grant frorn Nats'onal Lottery to continue part of a creative arts programme as per the original funding crrteria. NHS Wellbeing Grant: A fund received through Caius House to delNer support and programme for the wellbeing of families and young people. Plck n MIX: A Wandsworth Borough Council furKI administered by Wandsworth Youth Service to support activities for young people during school holidays. St Thomas Church: Donations received from a church lo help support the Childn arKI Families trips to East Shallowford Farm. Thomas, Foundation: Donations received to support the Children and Families trips to East Shallowford Farm as well as halftem trips. Untold Stories: A grant received from London City Hall to support and delNer projects and stories celebrating 60 Years of Cultural diversty on the Winstanley and York Road estate. WGF PH Media: Grant re}Ved from Wandsworth Borough Council to support the delivery of media training as well as producing high qualty podcasts. perfonnances, videography and photos for young people aged 11-18. Youth Music Foundation.. Funding for a studio manager for one year and delivery of Artist development programme. Transfers out of reStrted fvnds are to correct for expenditure not correclly allocated in previous years. Page t8
THE PROVIDENCE HOUSE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 (continued) 10 FUNDS (continu1 Creative Art3.. This is an intemalty deSnated fund to finan the Creative Arts Projects in Providence House. 11 RELATED PARTY TRANSACTIONS During the year, Belinda Drysdale, one of the trustees, was paid £2.190 (2023.. £1.961) for services as a Tutor Support Worker. This payment is allowed by the ConstitutTron. section 7.1.1. There were no other disdosablè related party Iransactions (2023: none). Page 19