2024-04-01-accounts

Charity rngistrntion numbar. 1181729 Boun￿1 Brighter Futures Foundation Annual Rgwl and Financial Statements forth8 Year End&J 31 March 2024 WESTCOTTS CMARTÉÈO ¢¢ovNTAtrIT$ •U$lklE$$ ADVI$ER$

Bouncel Brlghter Futures Foundatlon Contents Icontlnu•d) RefergnGg and Administr4lNg Detail$ Trustees, Report 2to8 Independent Examinerfs Report Receipts and Payments Account 10 Statement of Assets and Lobilities 11 Notes lo the Financial Statements 121014

Bouncel Brighter Futures Foundation Reference and Admlnlstrative Details Trustees.. Peter Graham, Chair lappoirtsd 13 June 2023) Euni￿ Hinds Alicia Balfour Samantha Julianne Slater Hayley Graham {resigned 13 June 2023) Charlty Reglstratlon Numbgr 1181729 Princlpal Offlce 33 St Peter Street riverton Devon EX16 6NW Westcolts ISW) LLP 47 Boutport Street Bamstaplo Devon EX31 1SQ Independent ExamlDer Page 1

Boune•! Bright•r Futurns Foundation Trustees. Report The trustees pregent the annual report together wih the financial $tsteff*nts of the charity for the year ended 31 March 2024. I founded BOUNCEI in January 2019, but the id88 had first come to me way back In 2005 when my youngest son had started to struggle with his mentsl health and I'd discovered that finding appropriala help was just 8tKJul impossiblel In reswnse, I'd embarked on psychotherapy training. first in adult psychotherapy and then later in child psychotherapy. In Ihls way. we found a way through, 8nd my son is now dolng well. but over the years, and knowlng just how hard things can be. I never18t go of my idea of lTring ts find a way to help familles who M￿3ht find themselves in a similar sItuat￿n to us. Today Bounce is made up of a thirteen strong team of committ8d m8ntal health professionals wilh h￿3h level of training and a wealth of relevant èxperience. A m8n8gement team of four. and half a dozen volunteers, induding our trustee group, who are passionats about m8ntal health and work hard to support the therapists and the organization. Our focus is on delivering acc8ssibla high-quality psychotherapy and couns811ing to children, young people and iheir families. We work with a wide range of difficutties including anxiety. depression. traum8, loss and relationship problems and currently prowde spectallst support to around 70 famllles a week who live mainly In Mid-Devon. BOUNCEI continues ts mission lo prowde mentsl health SUPFQrt to children, familigs. and educators across Mid Devon. This past year has seen signfficant progress. with an expansion in partnerships. new service offerings, and increased finanaal sustainabilty. BOUNCEI remains committed to delivering high-qualty. accessiblg Psychotherapy and counselling for those in need. In the last year wo pro¥Kled over 3.700 therapy sessions. helpmg children. young people, and families build resilience and improve mental welkbeing. Page 2

Bouncel Brighter Futures Foundation Trustees, Report (continued BOUNCEI is a ctharity providing mental health services to children, famllies and educational staff wlthin schcx)Is and the broader communty. We're based in Tiverton, Mid Dev(m. We aim lo improve mental health a￿1 build resilience in childr8n, their famili8s and th8 wider communit￿, improve leaming outcomes and create happier leamers. families. and communities. At BOUNCEI we want every child and family to be able to look forward to a brighter fLrture and believe passionately in thè power of èady intervention lo help those in need. We have established an innovative. accessible. and holistic servi￿. We are 8 team of committed mental health professionals with a high level of training 8nd a wealth of relevant experience including- Child and adolescent psychotherapists and counsellors Adult psychotherapists and counsellors Clinical psychologists Art psychotherapists Our commitment is: To put children. young peoplè and families at the centre of 8v8rything we do. To provide high-quality, accEssible counselling and psychotherapy lo those in need. To develop and grow our service so wè can r88ch more children. young people and families. To build on our existing oxpgrtise and develop new and innovative ways of worting with chihlren. young people and families Koy A¢.h.l&vemint&_LD.Lwmonls Software & Ylebsite Upgrades To improve efficAency and governan￿, BOUNCE! implemented two new software systems: Myconcern: A safeguarding platform allowing therapists to quiddy log and report concems. ensuring immediate notifications to safeguarding leads. Upshot: A secu￿, doud-based referral rnanagement system. prowding real-time access to client profiles while maintsining strict GDPR wmpliance. Additionally, our new website now offers enhan￿d functionality. making it ea￿er for families to submit referrals and acL*SS information about our services. Page 3

Bounc•1 Brightor Futurns Foundatlon Trustees. Report (continuodl Sub51rlbc Donate 4 Grow Suppurt New5 Specialist Mental Health Support For Children, Young People And Their Families S(UNCEI ￿[￿hter Futuip% faundotior, IA OutMofE + Page 4

Bounc•l Bright•r FuiuM Foundation Trustees. Report (continu6d) The BOUNCEI Magazlne We have L4un¢thed the first edition of Th8 BOUNCEI M•Jazine. a fijlly self-funded publication desb3ned to.. . IntroduGe our therapy team and servTces. . Prowde practical mental health advice forfamilies and educators. . Share reaklife slorEs to raise awareness of children's mental heath challeng8s. 1911 [ului"c www.bouncebrthterfu1ules.￿.ilk C. Parentrl Support & Tho 89ttor Tog•th•r Programm• Recogniiing the importance of parental invofvemenL BOUNCE! 15 lau￿hing The Better Together Programme. a stnjctured support group for parents. This program aims to: . Prowde insights into therapy goals and prctesses. . Equip parénts with tools to support their child both during and after therapy. . Fostsr lOng4e￿ resilience in families, reducing reliance on extemal service$. Pavent Tegtlmonlal from Thfr BOUNCEI IAagazln8: he support from BOUNCEI has been Irfthchang￿g for ourfammy. We now havg Ihg lools to help our chikl manage anxi8ty 8nd SChC￿ stress.. Page 5

Bouncel Brightsr Futures Foundation Trustees. Report (continued) D. Expansion of Voluntaor Engagement With increasing awareness of BOUNCEI'S mission. we have welcomed more volunteers, including.. Individuals passionate about m8nlal health, offering time and skills. Therapy students seeking tront-line exFerience as part of their qualifieatlons. Einoncjal Dy.e.rviow_& S.ust41nabllity.RiaD BOUNCEI provKJed 3,700 therapy se$slon$ in the past year, equating to 90 sessions per week. Incom8 & Finding Braakdowm . A significant proportion of income is generated from non-grant sourcgs. Main revenue streams indude= - Low-cost cnunselling setvice fees - R¢x)m hire - Partnerships with schools & soci818ervices Go81 for 2025: . Increase SelF￿enerated income to 65% by September 2025. Strategies include.. - Expanding adoption & fostering support servkes. - Increasing revenue from rcom hire busoness. BOUNCE! also successfijlly secured fundlng from multiple sources, induding the Sedel-colllngs Fcrtjndation. Devon Community Foundation, Tiverton Education Fund, CLASP and Northbr(K)k Foundatson. among others. In addl￿on we ￿￿tracted for ServI￿S with the Tlverton PCN. Our r8serves policy &nsures financial stsbility, allowing us to continue provlding seNices even amidst economic uncertainty. Lookin Ahead: Goals for 2025-26 . Expand therapy services into additional schools and community setlings. Strengthen financial sustainability by increasing self-generaled income and securing long-lerm fvnding partnars. . Develop BOUNCE! as a Centre of Exc8llence for child and adolescent mental health $8rvSces. . Enhance volunleer and training programs to support the growng demand for semces. Improve a￿sSibIlity and indusion, ensuring all children and famili8s can benefit from mgnlal health suppcMI. Acknowl8dgrn8nts & Thank You We extend our deepest gratituda to our staff, therapists, volunteers, funders, and partner s¢hcy)Is who make our work possib￿. Your commitment and d8dlcatSon have enabled BOUNCEI to grow and support more families than ever before. Together, we are creating brighter futures for chlldren. young POOF4e, and their famllies. Page 6

Bouncel Brighter Futures Foundatlon Trustees. Report (continued) Structure, governance and rnanagement BOUNCEI is estsblished as a CIO. Tho Charity is overseen by the Trustees. Trustees are appointed from those who wish to volunteer as trustees by a majority volg at the Annual General Meeting. The trustees meet on a regular basis. From an operational perspeth.ve the Chair of Trustees also acts as Clinical Director and co-ordinates the day lo day running and fundraising activits. Currently this element is prcsvided pro bono. The Chair also undertakes clinical work for which she is paid th& sam8 charitsble rate as all other professional associates. This has been agreed wrth the Charity Commission. BOUNCE1 has a comprehensive set of goVernaTr￿ and operational p)lici8s in place. These indude.. Safeguarding and Child Protection Policy Safeguarding Adutt Policy Complaints Policy Equal Opportunities Policy Privacy Policy Remote Working Pol R&serves Policy AII BOUNCEI associates have 8n indiwdual letter tsf engagement which specifies compliance with BOUNCEI polities. This also includes requirements for.. DBS and identty checks Checks on qualifications and registration Compliance wth fegistering body code of ethics Governan￿, Intemal Control and Risk Managèmgnt The trustees have reviewed the major risks of th& Charity and have tsken action and estsblished Systems which will mrtigate any known risks. All policies and procedures are updated regulady. The insurance policies are rewewed annually and amended if appropriate. As the Charty works with children. DBS checks are carried out on staff and any volunteers befo￿ they tske up a position wrthin the charity. Financial review BOUNCEI started the financial year wf(h circa £47k funds. Over the accounting period expenditu was circa £145k and we finished the year wi(h circa £36k in the bank having raised over £135k. RosoN8s Pol For Core serwce provision we agree there should ￿yS be at least one full teryns fund wured prior to work beginning or eonlinuing in a school-based programme of 5UPPOrt. Whilst r( is envisaged lo be an exceptional circumstanrEs this allows sufficient lime to exit the servi¢e and manage ending 8essions with vulnerable clients appropriately. We agre8 that al any point we will hold a reseNe of unrestflcted funds lo cover 3 months of fix8d costs. As at the 31 March 2024. £35,744 was held in unrestricted reseryes. which is equwalenl to just over 9 months of fLxed costs (expenditure less therapist fees). To give financial support lo 8￿$tIng activities, rf required To give financial support to 8SSiSt the development of new activities and Se￿iCe8 To purchase addrtional equipment andlor rgplace e￿sting equipment rf requirgd Page 7

Bounc•! Brighter Futur•s Foundatton Trustses, Report (continued) To support training needs of Boun￿1 associateslvolunteerslcommittee members To 5UPPOrt Volun￿[5 through provision of volunteer expenses for travel and associated costs To promots the Bounol Statement of Trustees. Responslwlltles The trustees a￿ responsible for preparing the trustees, report and the financial statements in accordance vmlh the United Kingdom Accounting Standards {United Kingdom Generalty Accepted Accounting Practice) and applKable law and regulation$. The law applicable to charib.es requirts the trustees to prepare financial statements for each financial year wh￿h give a true and fair view of the state of affairs of the charty and of the incoming resources and application of resources of the charity for that pèriod. In prepafing these financial slalements. the trustees are required to.. select suitable accounting policiès and then apply them consistently. observe the methods and principles in th& Charthes SORP., makejudgements and estimates Ihat are reasonable and prudentr, stale whether applicable accountin9 stsndards have t)8gn followed. sufy'ect to any matorial departures disclosed and explained in the financial statements., and prepare the financial statements on the 9)ing ¢on¢6rn basis unless it is inappropriate to presume that the chaiity will continuo in business. The trustees are responsible for keeping proper accounting records that di￿108e wrth reasonable aeeuracy at any time the finanaal positfv?n of the charity and enable them to ensuie that the financk41 stslements comply wbth the Charitie5 Act 2011. the Charities {A￿oUnt¥ and Reports) RegulatK)ns 2008. and Ihg pro¥i$b)ns of the constitution. The trustees are also responsible for safeguarding the assets of the tharity and hon¢e for taking reasonable steps for the prevention and detedion of fraud and other Irregularit￿S. The trustees are rgsponsible for the maintenance and intggrty of the eorporate and financial information included on the charrtable Compan￿$ websile. LegislatKJn governing the preparation and dissemination of financial statements may drfferfrom legi51akn.on in other jurisdict•)ns. The annual report was approved by the trustees of the charlty on ..2510212025 and signed on its behalf by. Petsr Graham Trustee Page 8

Bouncel Brightsr Futures Foundation Independent Examiner's Report to the trustees of Bouncel Brighter Futures Foundatlon I report to the trustees on my examination of the accounts of BoLEn￿l Brighter Futures Foundation for the year ended 31 March 2024. Rosponsibilities and basis of report As the charty trust￿ of Boun￿1 Brighter Futures Foundation you are responsibke for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'lhe Act'l. I report in respect of my examination of the Bouncel Brighter Futures Foundation's aGGounts carried out under section 145 of the 2011 Act and in carrying out my oxarninalion I have followed all the applicable DIr￿tr)n$ given by the Charity Commission under section 145{5)Ibl of the Act. Independent examlnerf5 ststement I have completed my examination. I confirm that no material matter5 have coma to my attention in connection with the examination giving me cause lo believe that in any material respect.. 1. accounting records were not kept in respect of Bounce! Brighter Futures Foundation as required by section 130 of the Act.. or 2. the accounts do not accord wrth those records.. or I have no concerns and have come across no other matters in cOnneCt￿n wlh the examin8tion to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Catherine Williams FCA DChA Westcott5 ISW) LLP 47 Boutport Street Bamslaple Devon EX31 1SQ Page 9

8oun¢el Brighter Futures Foundatlon Receipts and Payments Account for the Year Ended 31 March 2024 Unrostricted funds Total 2024 Total 2023 Recelpts: Donations Incomin9 r&sources from charitabla actNitie$ Adiwtigs for generating frjnds Totsl receipts Payments: Establishment costs Accountancy fees Therapist fees TeLephone Advertising Admin Equipment Website Sundry expensos Wages and salaries Staff wellbeing staff training 55.183 73.672 5,830 55,183 73,672 5,830 50,209 46.066 5,887 134.685 134,685 102,162 112.5981 (630) 196,354} {8231 11511 15,0411 12631 (4681 {61) 119,070) {1,750) {8,250 112,598} 1830) {96.354) 18231 11511 15,0411 {2631 1468} 1611 {19,070) 11,750) 18,2501 113,714) 1570) {60,630} 1762) 1120) (3,7681 (4111 {2341 {1941 Totsl payments Net Ipaym&ntsyrec&ipts Cash brought forward Cash &irried forward 1145.4591 (145,459 80,403 110.7741 46,S18 110,7741 46,518 21,759 24,759 35,744 35,744 46,518 All of the charity's activities derive from continuing operations during the above fm) Feriods. The fund8 breakdown for 2023 is shown in note 5. The notes on pages 12 to 14 fomi an integral part of these financial statements. Pagg 10

Bouncel Brlghtsr Futures Foundation (Registration number: 1181729) statement of Assets and Liabilities as at [31 March 2024 2024 2023 Current assets Cash at bank and in hand 35,744 46.518 Unrostrictsd incom6 funds Unrestricted funds 35.744 46,518 The finaneial statements on pages 10 to 14 were aFproved by the trustees. and authorised for issue on ..2510212025 and syned on their behalf by.. Peter Graham Trustee The notes on pages 12 to 14 fomi an integral part of these financial statements. Page 11

Bouncel Brighter Futures Foundatlon Notes to the Financial Statemonts for the Year Ended 31 Mar¢h 2024 1 Accounting policies Basi5 of pr&paratlon Bounce! Brighter Futures Foundation meets the defini(ion of a public benefrt entity under FRS 102. The a¢¢ounl$ (financial statements) have been prepared on the receipts and payments basis. Going toncèrn The trustees consider that there are no material uncertainties about th8 charity's abilty to continue a$ a going concem. Income and gndowmonts All incoming ￿sOUrCeS are included in the statement of financial activities when the charty receives the income. The following specrfic policies are applied to Part￿Ular categories of income.. Donations are ￿ceIVed by way of grants, donations and gffts and 1$ included in full in the Statement ol Financial Activities when receivgd. Grants. including grants for the purchase of fixed assets. are recognised in full in Ihg Ststement of Financial Activitigs in the year in which they are receivable. The value of services prowde(I by volunteers has not been included. Expenditure Expenditure is recognised on a payments basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure lo whth it relates. Taxatlon The charity is considered to pass the tests set out in Paragraph 1 Schgdule 6 of the Finance Act 2010 and thgr8for8 it meets the definitKsn of a charitable company for UK corporation tax purposes. Accordingly, the ¢harty is potentially exempl from taxation In respect of income or capital gains received wrthin categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gain$ Act 1992. to the extent that such income or gains arg applied exclusively to Charitab￿ purposes. Cash and cash equlvalents Cash and cash equivalents comprise eash on hand and call deposits, and other 5hort-term high l*]uid investments that are readily convertible to a known amount of cash and are subject to an insigniffcanl risk of change in value. Fund structure Unrestricted ineome funds are general funds that are available for use at the tNslees discretion in furtherance of the objectives of the charity. Page 12

Bouncel Brighter Futures Foundation Notes to the Financial Statements for the Yoar Ended 31 March 2024 (continu•d) 2 Income from donations and legacles Unrnstricted fvnds Goneral Total 2024 Donations and fundraising Grants 4,183 51,000 4.183 S1.000 55,183 55,183 Unrestrictad funds General Total 2023 Donatlons and frjndraising Grants 718 49,491 50,209 718 49,491 50.209 3 Income trom charitablo activities Unrestrkted funds General Total 2024 Credi( from schools Extemal provider payTnenls Client Fees 28.196 23.371 22,105 28,196 23,371 22.105 73,672 73.672 Unrestrlcted funds G8n8ral Total 2023 Credit from schools External promder pawnenls Client Fees 14,420 12,578 19,068 14,420 12.578 19,068 46,066 Page 13

Bouncel 8righter Futures Foundation Notes to the Financial Statements for the Year Ended 31 March 2024 (Continued) 4 Taxatiork The charity 18 a registered charity and i5 therefore exempt from taxation. 5 Funds Balance at 31 March 2024 Balance at 1 Aprll 2023 Incomlng resources Resourcos expanded Unrgstrlctsd funds Unrgslrided funds 46,518 134.685 118,1391 63,064 Balance at 31 Ma￿h 2023 Balance at 1 Aprll 2022 Incomlng resources Resource8 gxpended Unrestrlctsd funds Genernl Unrestricted fund$ 24,759 102,162 180,403 46,518 6 Analy$i$ of net assets between fund8 Unrestrictod funds General Totsl funds at 31 March 2024 Current a55ets 35,744 35,744 Unrostrleted funds General Total funds at 31 March 2023 Current assets 46,518 46.518 7 Related party transactions Page 14