Charity number: 1183671 Company number: CE017677 (England and Wales) The Parenting Circle Report of the Trustees and Unaudited Financial Statements For the year ended 31 December 2023 The Parenting Circle Contents Page For the year ended 31 December 2023 |Report of the Trustees|1 to 2| |---|---| |Independent Examiner's Report to the Trustees|3| |Statement of Financial Activities|4| |Statement of Financial Position|5| |Notes to the Financial Statements|6 to 7| |Detailed Statement of Financial Activities|8| ## The Parenting Circle Report of the Trustees ## For the year ended 31 December 2023 The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 December 2023. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Achievements against objectives** The Parenting Circle designed a Parental Engagement Toolkit, which is being piloted across the 17 City of London Corporation schools. Provide parent support groups, parenting education and training courses, and other formal and informal parent groups; provide appropriate educational and training materials; encourage, support, and train volunteer and professional course leaders and parent mentors. The Parenting Circle has piloted the work in Surrey and five children's centres, collaborating with a volunteer-training charity, Surrey Care Trust (2017-2020). Their trained volunteers ran the parenting discussion groups following parenting classes delivered by facilitators in children's centres. Oxford University undertook a qualitative evaluation of our pilot and found that the 38 parents who attended all the discussion groups were satisfied with their experience and felt they had learned from it. We identified a handful of visionary headteachers in East Kent and Feltham who agreed to sign up for our Parenting Circle in their schools. During the year, The Parenting Circle raised £10,000 to cover the training cost in various schools. ## **FINANCIAL REVIEW** ## **Significant events** Throughout the year, the Charity continues to focus on schools in the poorest wards of London and the South East. The Board of Trustees has been strengthened by the addition of two Trustees based in East Kent: Amicia DeMoubray and Angela Dickinson. The training course and handbook for Group Leaders have been reviewed and reduced in length to reflect the many other demands on school teams post-COVID. The Parenting Circle delivered the commissioned Parental Engagement Toolkit to the City of London Corporation and presented it at their annual education conference at the Guildhall in September 2023. ## **Going concern** When approving the financial statements, the trustees expect that the charity has adequate resources to continue operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** The Parenting Circle **Charity registration number** 1183671 **Company registration number** CE017677 **Principal address** 37 Tetcott Road London SW10 0SB 1 of 8 The Parenting Circle Report of the Trustees Continued For the year ended 31 December 2023 ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: ## **Independent examiners** Amicia Oldfield Angela Dickinson Anthony R Salter Cristina Patricia Odone Susan E walton Virginia Fraser Sebastian Gwynedd Giraud-Jones WIM Consulting Ltd 37 New North Road Hainault Ilford IG6 2UE Approved by the Board of Trustees and signed on its behalf by ............................................................................. 22 July 2024 Cristina Patricia Odone 2 of 8 ## The Parenting Circle Independent Examiners Report to the Trustees ## For the year ended 31 December 2023 I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 December 2023. ## **Responsibilities and basis of report** As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiners statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the requirements of section 396 of the 2006 Act 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 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and 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. WIM Consulting Ltd 37 New North Road Hainault Ilford IG6 2UE 22 July 2024 3 of 9 ## The Parenting Circle Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 December 2023 ||**Notes**|**Unrestricted**|**2022**| |---|---|---|---| |||**funds**|| |||**£**|**£**| |**Income and endowments from:**|||| |Donations and legacies|2|8,000|15,220| |**Total**||**8,000**|**15,220**| |**Expenditure on:**|||| |Charitable activities|||| |advance the education of the||(8,084)|(8,397)| |public in parenting and|||| |child-rearing skills|||| |**Total**||**(8,084)**|**(8,397)**| |**Net income/expenditure**||**(84)**|**6,823**| |**Reconciliation of funds**|||| |Total funds brought forward||34,201|27,378| |**Total funds carried forward**||**34,117**|**34,201**| 3 of 8 Registered Number : CE017677 ## The Parenting Circle Statement of Financial Position As at 31 December 2023 ||**Notes**|**2023**|**2022**| |---|---|---|---| |||**£**|**£**| |**Current assets**|||| |Cash at bank and in hand||35,317|35,401| |||**35,317**|**35,401**| |**Creditors: amounts falling due within one year**|6|(1,200)|(1,200)| |**Net current assets**||**34,117**|**34,201**| |**Total assets less current liabilities**||**34,117**|**34,201**| |**Net assets**||**34,117**|**34,201**| |**The funds of the charity**|||| |Unrestricted income funds|7|34,117|34,201| |**Total funds**||**34,117**|**34,201**| For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. - The members have not required the company to obtain an audit of its accounts for the year in question in accordance - with section 476, - The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting - records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Cristina Patricia Odone Trustee 22 July 2024 4 of 8 ## The Parenting Circle Notes to the Financial Statements For the year ended 31 December 2023 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. The Parenting Circle meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **2. Income from donations and legacies** ||**2023**|**2022**| |---|---|---| ||**£**|**£**| |**Unrestricted funds**||| |Donations received|8,000|15,220| ||**8,000**|**15,220**| |**et income/(expenditure) for the year**||| |This is stated after charging/(crediting):||| ||**2023**|**2022**| ||**£**|**£**| |Accountancy fees|1,200|1,200| |**articulars of employees**||| ||**2023**|**2022**| |Staff|0|0| ||**0**|**0**| ## **3. Net income/(expenditure) for the year** ## **4. Particulars of employees** ## **5. Comparative for the Statement of Financial Activities** The comparative year values on the Statement of Financial Activites are for unrestricted funds. 5 of 8 ## The Parenting Circle Notes to the Financial Statements Continued For the year ended 31 December 2023 ## **6. Creditors: amounts falling due within one year** |**reditors: amounts falling due within one year**||| |---|---|---| |Accruals and deferred income|**2023**
**£**
1,200
**1,200**|**2022**
**£**
1,200| |||**1,200**| ## **7. Movement in funds** |**Unrestricted Funds**
_General_
Donations
**Unrestricted Funds - Previous year**
_General_
Donations
**Purpose of unrestricted Funds**
Donations
Donations
**nalysis of net assets between funds**
**Unrestricted funds**
_General_
Donations|**Balance at**
**01/01/2023**
**£**
34,201
**34,201**
**Balance at**
**01/01/2022**
**£**
27,378
**27,378**|**Incoming**
**resources**
**£**
8,000
**8,000**
**Incoming**
**resources**
**£**
15,220
**15,220**||**Outgoing**
**resources**
**Balance at**
**31/12/2023**
**£**
**£**
(8,084)
34,117
**(8,084)**
**34,117**
**Outgoing**
**resources**
**Balance at**
**31/12/2022**
**£**
**£**
(8,397)
34,201
**(8,397)**
**34,201**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
34,117
34,117|**Balance at**
**31/12/2023**
**£**
34,117| |---|---|---|---|---|---| ||||||**34,117**| ||||||**Balance at**
**31/12/2022**
**£**
34,201| ||||||**34,201**| ||||||| |||||**34,117**
**34,117**|| ## **8. Analysis of net assets between funds** 6 of 8 The Parenting Circle Notes to the Financial Statements Continued For the year ended 31 December 2023 |**Previous year**
**Unrestricted funds**
_General_
Donations|**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
34,201
34,201| |---|---| ||**34,201**
**34,201**| 7 of 8 ## The Parenting Circle Detailed Statement of Financial Activities For the year ended 31 December 2023 |**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Cost of direct charitable activity
**SUPPORT COSTS**
**Governance costs**
Governance costs
**Total resources expended**
**Net Expenditure**|**£**
**2023**
8,000
**8,000**
**8,000**
(6,884)
**(6,884)**
(1,200)
**(1,200)**
**(8,084)**
**(84)**|**£**
**2022**
15,220| |---|---|---| |||**15,220**| |||**15,220**
(7,197)| |||**(7,197)**
(1,200)| |||**(1,200)**| |||**(8,397)**| |||**6,823**| 8 of 8 This page does not form part of the statutory financial statements