Registered number.. 12051397 Charity number: 1183964 FAMILIES FIRST (NORTH EAST) (A company limited by guarantee TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l CONTENTS Page Rafgronc8 and administrative d8tails of thg Charity. its Trustees and advisors Tru5tses' report 2-15 Independent auditors. rnport on th• financial statemènts Statsment of financial activitios 16-19 20 Balan¢• sh¢¢t 21 Stat8ment of cash flows 22 Notes to thè financlal Statsmènts 23-41
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 klARCH 2024 Tru$tg9$ J Atkinson (resigned 22 January 2024 J Brash (resigned 9 July 20241 P Hargreaves S Harrison C Hubbert S Lamplough Company rggist8red number 12051397 Charity rogl¥tsred numb•r 1183964 Rggl$tsrgd offi¢e 175 York Road Hartlepool TS26 9EQ Company Socretary P Thompson Presldgnt Lord Peter Mandelson Patron Stephen Miller MBE Patron Jonathon Brash Page 1
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l TRUSTEES. REPORT FOR THE YEAR ENDED 31 klARCH 2024 The Iruslees are pleased lo present their port together th the financial statements of the charity for the year ended 31 March 2024. These financial statements comply wth the Charities Act 2011 and the Accounts'ng and Reporb'ng by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporb'ng Standard applicable in the UK and Republic of Ireland IFRS1021 leffeclive 1 January 20191. Since the Charity qualifies as small under section 382 of the Companies Act 2006. the strategic report required of medium and large companies under the Companies Act 20( Islralegic Report and Directors. Reporti Regulations 2013 has been omitted. R8fgr8nc8 and administrative d8tails The name of the Charity as Il appears in the Register of Charities is Families First (North Ea511 and the Charity's main working name Is the same as ils legal name. The Charity has also reglstered the working names of Harfepool Families First, Durham Families First and Stockton Families First vknich are all legacy names of the former Charity. The Trustees serving during ihe year are listed on page 1. Lord Peter Mandelson is the president and Stephen Miller MBE and Jonalhon 8rash are the Charity's patrons. The Charity is governed by a Board ol Directors and ils executive members Ilhe Trustees} are elected on an annual basis. The are no lifetime or custodial Trustee8 and no sub-coMMee$. Other administrative detail$ are listed on page 1. STRUCTURE, GOVERNANCE AND MANAGEMENT ConstitutSon Families First (North East) 1$ registered as a charitable MpanY limiled by guarantee and was Set up by a Memorandum of Association. The organigalion is a Chartsble Company meaning rt 1$ registered wth both Companies House and the Charity Commission. The Charity was registered with the Charity Commission on 19 June 2019. Families First North East is a successor Charity. The original Charity originated in March 1988 and was a registered Charity, however the Trustees agreed in 2019 that the more appropriate legal structure was to convert the organisats'on to an incorporated Charrtable Company - i.e. registered with both Companies House and the Charity Commission. Page 2
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l Molhod$ of appolnlm•nt or ol•¢tion of Trustgos. Trustee5, who are required under the governing conslilLth"on lo serve a5 meTnber5 of the charty. are elected at a full trustees, meeting and are required to sab'sfy speafied criteria of eligibility, competence, skills and locality. New trustees are fvlly indu¢ted into the Charity's working environment, its policies and pro¢edure$. Due to the organisation's registration with the Care Quality Commission and Ofsted, all trustees are required to complete an annual Fit and Proper Person's Declaratson and Safeguarding Self Declarats'on. Organlsatlonal stru¢tur• and d•¢lslon4naklng poll¢l•$ Trustees meet regularly to determine the general policy of the Charity and lo review ils overall management and conlrd to en$ that their legal reswnsits'lities are appropriately discharged. Trustees carry out 855essmenls of risk5 facing the Charity. Extemal risks from funding are miligaled by seeking diversrficalion. where necessary and appropriate. lo secure activities. Intemal risks are minimised by maintaining sufficient procedures to appropriately authorise projects and underfying transactions to maintain the quality of delivery from all charitable opefab"ons. The organisalion has a robust Risk Register is monitored quarterly and an annual action plan is in place lor improvements. The oryanlsatlon'8 current structure rell•cts tha followbng . Board ol Diroctors I Charilabl• TnMt•os Chl•f ExKu¢lv• Section Head for Children and Young People FSnanco Manager Daputy Chlaf Calerfng and EZE Lomg Hous Manager Executivo Facilitigs Illanagor Book keeping Management of Melboume House One77 Trnining Bistro Invoicing out SNIPS Purchase ledger STREET Room Hi$ and Functi¢)n Venue Hand in Hand Special NeedsToy Loan Service Credrt Control Evolve Proiecl 3Fs project Management and operats'on of Lome House Payroll suprting I adhoc Policy Review stocks and Supplies Actsve Kids Budgets, reports an finan¢ial projections SocialEyes Vehicles Health and Safety Maintenance Page 3
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 klARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT 1¢ontIndI • Pay policy for key management personn•l The pay of senior stsff is benchmarked against similar organisalions and paid al a market rate. There is an annual performance rewew of the Chief ExecLrtive and perfomiance against this is checked at six monthly intervals. OBJECTIVES AND ACTIVITIES • Pollclos and obl•ctlve8 The legal obje5 ol the Charity are.. the relief and education of all loeal children. particularfy those Trmth additional and special needs through the provision ol social, physical and emotional support activib.es and therapeutic. educational and slimulaling toys and equipment.. and, the preservation and protection of health wlhin all dents, induding the promotion of a positive and healthy lifestyle., and, liiil the advancement of vocational education for the public benefft of residents of all igès throughout the North East of England". and. livl To promote such other chantsble purposes as may from lime to time be delemined. thich support and promote the health, educatson an¢J prosperty of residents of all ages throughout the North East of England. In setting objectives and planning for activrties. the Trnstees have given due congideration to general guidance published by the Charty Commission rel*ing to public benefil. including the guidance 'Public benefit.. running a ¢harrty IP821'. Page 4
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l Stratsgles for achièvlng obJ•¢ti¥es In order lo meet the above legal objects. the Chanty provides events and activities for Children, young people and adults throughout the area to meet. leam and develop. These are described in more detail below. Over the course of the 12 months of this financial reporL have provided the following services: SNIPS Ispgcial Needs Inclusion Project} We operate an Otsled registed after-school dub an(1 holiday Playscheme for children with profound and often multiple disabilities. The idea behind the project is to give these children the same play opportunities that other able bodied children are afforded. The project is varied and the acb'vilies are influenced by the thildren themselves. We are based in our¢%¥n centre al One77, 175-177 Yoth Road. Hartlepool. We often visrt other places such as '. TvdIe Farni 1818ckhalll Wynyard Woodland County Park IThofpe The¥Mesl, Velocity Trampoline Park18illinghaml. and Preslon Fami Islock1onl We attempt to meet all needs of the children whilst promoting learning through play in activrties vthi¢h are of the child's Choice. We provide the children on our afterschool club wth a tea-time snack and refreshments. We also prowde transport from xhool and to home wlh our accompanied escorts. The project is staffed by a leam of V11 trained individuals who specialise in working with Childrt who have a disability as well as a strong team of dedicated volunteers. Every member of the team is DBS ¢he¢ked. first aid trained. food hygiene qualified and trained in a multitude of other areas such a5 feeding, loileling issues and hygiene matters. Children are referred on lo the project by either their School, Parents and Carers. Children's Services. a Health Professional or another agency. Many of our children who attend the after-school and holiday programme cannot access any other scheme due to their complex needs and in some cases their need for 1..1 or 2..1 support. Hand In Hand Hand In Hand is OUT project to provide support for young adults and children with a range of additional need5, including autism and behavioural issues. It is a personalised support service that is tailored for each individual client. For the vast majority of Clients. it is providing 1-11 support {2-10-1 and 1-10-2 also available) lo enable them to do the things that they enjoy socially and within the local community. Page 5
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l However, we offer support in the home also to offer respite to parents I ¢8r9 or additional support at times of crisis. Support offed Can include". Employment and education support Personal ca Social activib'es Short Break respite for parents and carers Ovemight care either at home or avrdy from home Supported holidays I short break Emergency and last minute supports Independent living and Iransptsrt training School holiday cover The service provides individual support to chi1jrt and young people with additional needs so that they may t1 their social care ambitions and p3rti¢ipale in physical activrties. The seryice is Ilexible and is bespoke lo each individual client. The seNice is fvnded from Oifecl Paymenis, Individual Support Funds and Peisonalised Budgets. Sp•clal N••d8 Toy Loan S•p4lce This project was the original foundabon that Families Fifst INorth East) was built upon. It started as a small group offering a toy library based ilhin Sl Paul's Church Hall. Murray Street In the first year. It is a dedicated service for parentslcarers. childminders and other Settings who care for ¢hildren with speual of addib.onal support needs. The library was set up to give children and young people wth special and additional needs an opportunty lo loan suitable toys and sperAalisl equipment to use in their h¢)me. As a group we know how drfficull an¢J expensive il is to purchase such items. What the Toy Library offers.. We have weekly Family sessions held at One77 We deliver. install and demonslrale equipment. You can come along to our premises and ty out loy$ before deciding if il is suitable. We can source a loy lor you lo purchase. We offer a dedicated Special Needs Home Supwrt Officerto promote the development of play wlhin the family environment. The officer has the additional responsibilty of offering support and advice to parents of children with a profound physical I leaming disability. Our officer offers stimulating, fun and safe toys and 5peciali51 play equipment, including adapted bikes. operating through a loan scheme and w01n9 alongside school nurses I play therapists. As part of this wort. we support pantS I ¢8r$ via home visits and peer support. We give families the opportunity to browse speaalist catalogues to proVe ideas of play and shape the fvture provision of the service. These sessions also provide an opportunty lo network other parents vrfrth similar issues and look lo idenb'fy solub.ons and a sympathebc ear. Page 6
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l The equipment is chosen by children and parents to meet their needs. Regular outreach and parental demonslralion sessions wll be held in order for families lo gel the best out of the resource. Equipment out on long term hire ¥MII receive regular safety inspections. STREET Seniors and STREET Juniors The STREET project is a befriending service held at the One77 facility on York Road on 3 evenings a week. 11 is a safe social environment for individuals often with special needs and requirements to interact and socialise. We aim lo give young people the essential support and encouragement to help them overcome issues with SOCAal skills. 5eW esteem and emotional trauma. Everyone al STREET is understsnding and supportive of each others Situation. With the help of our highly skilled support workers and volunteers we try to build on friendship, social skills, and confidence. We do this by encouraging the young people lo participate in numerous fijn activib.es Including." quiues, team games. cooking and discos. amongst other activth'es. In an effort lo restore their confidence and guide them on lo the right path. SoclalEyes SocialEyes is a new and innovative approach to facilitating social skills and social understanding wrth people on the autism spectrum. Launched by The National Autistic Society in 2010, this learning resource has been developed with people with autism and Asperger syndrome. along with leading professionals in the field. All SocialEyes resources have been extensively piloted and re-piloted wlh ongoing development and research Sir 2005. SocialEyes does not ask people on the autism spe¢trum to ¢hange 'inappropriale' social behaviour. or to acquire social skills by copying the lypical. behaviour of others. Instead. it gives people the option of learning so¢ial Interaction skills or attemalive so¢ial slralegies. SocialEyes f¢xuses on eight social skills that people on the auts'sm spectwm can have difficulty wth. induding starting a ¢onversation, eye wnla¢l and personal space. On977 A bistro situated in the heart of tovm. One77 is a slxial enlerpwise based in Hartlepool that exists lo provide opportunities that engage and inspire young people. Based in a vibrant. centlY refurbished space at number 177 York Road, we offer a iarwe of social, practical teaching and leaming activities for young people. All of our opportunities are open lo any young person aged befven 13 and 24 years but many of our activities are designed especially for disadvantaged young people lo help them gel a al start in life. The young people accessing the project are from all backgrounds, bul mainly with low levels of educational attainment and less affltjent families. The Bistro is available for private functions and provides outside catering, therefore offering altemative training experiences. There are often Opportun'e$ for older volunteers l trainees lo participate. Page 7
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l Active Kldz Active Kidz is the name given to all of our work wth children and young people with additional needs where physical activity and adventu is the f(xus. A signthcant element of this are our sessions lake place every Saturday bets¥een 11.00am and 1.00pm at Brierton Sports Centre. Those attending are offered training in football, basketball, tennis and lols of other types of indoor sports. Transport lo and from the centre can be provided (subject to availability) and snack and refreshments are also provided. During school holidays. in particular during those holidays vthen the weather is wamier, more adventurous sessions take place such as Canoeing, orienteering, den building and swimming. Occasionally we run additional tssler days on weekends lor the enlife family. The 3F$ Project A growing and Ihriwng part ol our work now which seeks lo provide support for those adults over the age of 55 or who may be idenlifieil in the early stages of demenb"a. recentty discharged from hospital or who are socially isolated. 3Fs (Fun, Food and Friendship). sees older people come together over food lo meet new people and enjoy each other's company. therefore piomoting positive mental health. Sessions also include gular speakers an(J heatth improvement I Se<a messages. The Evolv• Project 'An ahewnalive lo education. for those wlh additional needs aged 16 -25 years. The project provides 1 -1 support at all ts.mes and offers a diverse range of enjoyable activrties. In orderforlhe young people lo feel more settled and know what to expect each day, a metable has been produced which mimic's that of a school timetable bul wlhout the pressure of fomial education. The programme of activrties includes." IT sessions, sensory activities, soaal and communication skills, arts and crafts, independent and safety skills, music, cookery, physical activities, gardening and practical visits in the lo¢al ¢ommunty to develop life skills. This may aller from b.me to lime lo flect the nature and needs of the young people attending. The project operates over 39 weeks t*tween the hours 9am to 3pm Monday to Friday. Page 8
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l The Service is fulty inclusive of transport, (pick up's will generally be about 8.30am each day and return home around 3.30pml a¢tivrties. a heathy meal. oulings and tn"ps. Our team Can also cater for specific diets. Lorne House Residential Home Lorne House is a large residential home registered with the Care Quality Commission lo provide care for 13 adults b*ith Learning Disabilib"es. The service is long stay care, dependent on continual funding and appropriate placernent lo meet the individual'5 needs. A place in Lorne House may be funded from social re, heakh funds or privately. At present, there are 11 pernianenl residents living at Lome House. Lorne House was inspected by the CQC during the 2022123 year and wa5 graded as a 'good' provider of eare and a5pire5 to be 'oulslanding' within three years. Page 9
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l Melbourne House Melboume House is a short breaks SidentsaI home forthildren and young people with addib'onal needs, learning difficutties and auts'sm aged ten to eighteen years of age. Every person has a right to a life vA)ich spectS the independence of the individual, safeguards privacy, offering real choices and the opportunity to enjoy and contribute lo society, in which their personal. social and cultural needs are mel. We believe In a user led seryice where all are seen as individuals. a¢knovAedging and respecting other's merits and skills and valuing diversity. The service evolves around partnerships befvleen staff, children and young people, carers and the wider professional team. We believe children and young people should be encouraged to make their own choices in order lo enjoy their life to rts lull potential in an open. safe, living and working environment. Children's right$ are actively promoted. Tho OJ¥l$ The Oasis is the lalesl of our growng seNices and is split into two parts and located al 110 lIbY Street South, Harflepool '. A 6m x 3m Hydropool A Sensory, play and relaxth'on space The Hydro Pool With 6 private changing r¢xwns, a shovm, colour changing underwater light and built in sound system, the Oasis has everything needed for those wshing lo enjoy water activrties. The pool is both available for private hire as well as aitendance al sessions that we will be holding and promobng in the very near future. The Sensory, play and relaxation space This space is accessible to both children and adults. and boasts '. A Sensory Space wth giant projection w311. sound affected I mood changing ceiling lights, hidden with white fluffy clouds, a sensory wall with 7 texture panels. several tunnels, tenls for hiding, a large roller I squeeze machine for those like sensory CompsSIOn, peanut balls and beanbags and other sensory I projection lights. A Play Space with various play equipment for younger children and stimulating toy5 for babies. A Quiet Room with a range of books aimeil at children of all ages. beanbags for comfort and 2 children's 'egg chairs,, wth privacy shades. General Area with an accessible toilet with changing bed and a space for parents to meet I have a ¢al¢hup over a coffee. Page 10
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l Other work during the year Families First (North East) manages the Short Break Contrad for Haruepool BoroLtgh Council lch brings together and funds a number of our services and partners, including Hartlepool Special Needs Support Group's Summer and Holiday programme, The Fun Club, Friends Fun and Youth Group. Families First works in close association wth Hartlepool Deaf Centre who are based wrthin our Head Office, One77. There are a number of joint services held throughout the week to support the Deaf, Deafened and Hard of Hearing community. Page 11
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l A¢hlevem•nts and P•rfomianco Main achievements of tho Charity and Key pgrforniance indicators During the period of the report. the organisalion continue(I to exceed funder expectations. Highlights included 2818 attendance5 to our after-school service, equating to 7045 hotjrs of activty. This is an inuease of a further 5.15% from our previous year. 979 attendances to our holiday programme Over 1730 attendances lo our STREET Projects. equating to over 3,300 hours of acbvty. Lorne House, Melboume House and One77 all received further investment and modemisation during the year. Launch of the Oasis Sensory arKI Play Space. 851 attendances lo our Saturday Active Kids sessions. Over 1000 meals provided lo vulnerable adurts through our 3Fs luncheon dub. Attendances to Evolve increased by almost 5017 A whopping 7358 sessions and 36.256 hours ofactivity were delivered by the Hand in Hand Team Plans for luturo p•rlods The immediale priorilie$ of the organisalion include.. Further develop Melboume House into an Ofsted Registered Short Break Centre for children and young adults with leaming disabilities. Build upon our recent successes in renewable energies, mainly solar power. on One77 and Lome House in erder lo reduce operational costs and improve sustsinabilrty and our impact upon the environment. Explore further energy reduction opportunities Such as PIR activated lighting through all three srtes. Develop and implement an a¢tion plan to promote Lome House to an acknovAedged 'Outstanding' provider of care. Work wth funders lo secure the medium-lerm fvture of our services for Children and young people. Page 12
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 klARCH 2024 OBJECTIVES AND ACTIVITIES l¢ontlnu•dl • Fundraising activities and income generation The Charity raises funds though the Bistro and the events and membership services it provides. Other fvndraising is minimal, and no extemal participator is used. There have been no complaints about the fiJndraising practices in the year. FINANCIAL REVIEW • Golng concem After making appropnate enquiries. the Trustees have a reasonable expectation that the Charity has adequate resources lo continue in operational existence for the fofeseeable future. For this reason. they continue to adopt the going concern basis in preparing the financial ststemenls. Further details regarding the adoption of the going concern basis can be found in the accounting policies. R•s•rv•s poll¢y The Trustees have examined the requirements of the charty for reserves having taken into account the main risks. Trustees have established a policy lch deals with unrestricted funds not committed or invested in tangible fixed assets held by the ¢harity. The reserves are needesy lo meet working capital requirements and the committee is satisfied that a target of belween 3 and 6 months vnreslncted budgeted expendrture can be held so that current activities would be Continued in the event of a significant drop in that particular funding. Al the current levels of expenditure, this would be befvn £102k and £205k and so this is met by current free reserves. • Principal ri8k$ and un¢•rtainti•$ Trustees carry out assessments of risks facing Ihe Charity. External risks from fvnding are mitigated by seeking diversification. where necessary and appropnale. 10 Secure activities. Intemal risks are minimised by maintaining sufficient procedures lo approprialety aulhonse projects and underIn9 transactions lo maintain the quality of Ilelivery from all charitable operations. The organisation has a robust Risk Register vthich is monitored quarterty and an annual action plan is in place for improvements. Page 13
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 klARCH 2024 • Prln¢lpal fundlng The Statement of Financial Ath"vilies for the year is sel out on page 20. More detailed information on the particular services we provide are given in our Charrty's Annual Relum which is supplied to all our supporters and is freely available to any organisation or individual wshing to add their support. Further copies are available from the Charity's principal offi¢e thi¢h is li$ted on page 1. Income from charitable activities was £1,606k and this includes irKome from sessions and activities as well as income from the new residential property. Al the year end the Charity had total reserves of £819k, of this £459k was reslricled. Unrestricted free resetves were £361 k. We thank all of our dedicated volunteers and staff vtho have continued lo offer their services. 11 has been a very busy year and our highly skilled workforce has been an integral part of that suttess. Fixed asset expenditure during the year is set oul in note 14 of these financial statements. Statsmènt of Tru$t¢e8' r•8ponslbllltlè8 The TTuslee$ (who are also the dire¢tQTS of the Charity for the purpo$e$ of company lawl are responsible for preparing the Trustees, report and the financial siatements in accordance wth applicable law and United Kingdom Accounting Standards Iunrted Kingdom Generally Accepted Accounting Practicè). Company law requires Ihe Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial siatements unless Ihey are satisfied that they give a true and fair view of the slate of affairs of the Charity and of ts incoming resources and application of resource5, including ils income and expenditure, for that period. In preparing these financial stslements, the Trustees are required lo.. select suitable accounting policies and then apply them consistenuy., obseNe the meth¢xls and principles of the Charities SORP IFRS 1021.. make judgments and accountsng estsmates that are reasonable and pnjdent,. stsle whether applicable UK A¢¢ounting Stsndards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financial ststements.. prepare the financial Statements on the going concem basis unless il is inappropriate lo presume that the Charity wll continue in business. The Trustees are responsible for keeping adequate accounting records that are suffiaent to show and explain the Charity's transactions and disdose wth reasonable accuracy at any ts'me the financial p051tion of the Charity and enable them lo ensure that the financial slalemenls comply wth the Companies Act 2006. They are also responsible for safeguarding the assets of the Chartty and hence for taking asonable steps for the prevention and detection of fraud and other IrgUIantie$. Disclosure of inforniation to audito Each of the persons who are Truslees at the time when this Trustees. report is approved has confimied that.. so far as that Trustee is aware, there is no relevant audit information of lch the Charitys auditors are unawa, and that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit infoTmalion and to establish that the cha11tS auditors are aware of that information. Page 14
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 klARCH 2024 Audltors The auditors, Walton5 Business Advisers. have indicated their wllingne5s lo continue in office. The designated Trustees will propose a motion reappointing the auditors al a meebng of the Trustees. Approved by order of the members of the board of Trustees and signed on their behalf by.. P Hargr•av•s (Chair of Trusleesl Dale.. 1 October 2024 Page 15
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF FAMILIES FIRST INORTH EAST) UNQUALIFIED OPINION We have audited the financial statements of Families First INorth East) Ithe 'charityl for the year ended 31 March 2024 vthich Comprise the statement of financial activities. the balance sheet. the slalemenl of cash flows and the related notes. in¢luding a summary ol signifi¢anl a¢¢ounling poli¢ies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounts'ng Practice). In our opinion the financial stslements.. give a true and fair view of the stste of the chantable companls affairs as a131 March 2024 and of ils inming re$our¢e$ and application of resources. induding its income and expenditure for the year then ended., have been properfy prepared in accordance vAlh United Kingdom Generally Accepted Accounb'ng Practice.. and have been prepared in accordance the qUIrementS of the Companies Act 2006. BASIS FOR OPINION We conducted our audit in accordance wlh Inlemalional Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those $landard$ are further des¢ribed in the Auditors, responsibilities for the audit of the financial statements Section of our report. We are independent of the charrtable company in accordance with the ethical requirements that are relevant to our audit ol ihe financial statements in the United Kingdom, including the Finanual Reporting Council's Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance wlh these requirements. We believe that the audit evidence Yo have obtained ig sufficient and appropriate to provide a basis for our opinn. CONCLUSIONS RELATING TO GOING CONCERN In auditing the financial statements. we have conduded that the Trustees. use ol the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomied. vo have not identified any material uncertainties relating lo events or Conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concem for a period of at least Mtlve months from en the financial statements are authori5ed for issue. Our re$pon$ibilities and the re$pon$ibilities of the Trustees vAlh SpeCt to going con¢em are de$cribed in the relevant sections of this report. Page 16
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF FAMILIES FIRST INORTH EAST) (CONTINUED) OTHER INFORMATION The other infomatron Comprises the infomab.oft included in the aftnu81 report other than the financial slatemenlg and our auditors, report theon. The Tnjstees are sponsible for the other infom)alion contained wlhin the annual report. Our opinion on the finanal ststements does not Cover the other information and. except to the extent otherwse explicitly stated in our report. we do not express any forni of assurance conclusion thereon. Our responsibility is lo read the other infomation and, in doing so, consider whether the other infomiation is materially inconsistent with the financial slalements or our knoedge obtained in the course of the audit, or olherwse appears lo be malenally misstsled. If we Identify such material in¢onsislencies or appanI material misslalemenls. we are quired lo detem)ine vdhether this gives rise to a material misslalemenl in the financial ststements themselves. If, based on the work have perfomied, we conclude that there 1$ a material mis$latement of this other infomiatson, are required to report that fad. We have nothing to report in this regard. OPINIONS ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006 In our opinion, basetJ on the work undertaken in the course of the audil.. the information given in the Trustees. Report for the financial year for which the financial stslements are prepared is consistent with the financial statements. the Trustees, Report has been prepared in accordance with applicable legal requirements. MAThERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION In the light of our kno%edge and understanding of the charitable ¢ompany and ils environment obtained in the course of the audrt. we have not identified malerial misslalemenls in the Trustees, Report. We have nothing lo report in respect of the followng matters in relatn lo which Companies Act 2006 requires us lo report lo you il, in our opinion". adequate accountsng records have not been kept, or retums adèquate for our audit have not been received from branches not visrted by us.. or the finanaal statements are not in agreement with the accounting records and retums., OT certain disclosures of Trustees, remuneration specifie<l by law a not made". or we have not received all the infomiatson and explanations we require for our audit., or the Trustees were not enlilled lo prepare the financial statements in accordance wlh the small companie5 regime and take advantage of the sm311 companies. exemptsons in preparing the Trustees, Report and from the requirement to prepare a Strategic Report. Page 17
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF FAMILIES FIRST INORTH EAST) (CONTINUED) RESPONSIBILITEES OF TRUSTEES Ag exp18ined more fully in the trustees. spOnsi.1rtles stslement. the Trustees Ivtho a also the directors of the charitable company for the purposes of Company lawl are responsible for the preparation of the financial ststements and for being satisfied that they give a true and fair wew. and for su¢h internal control a$ the Trustees detemiine is necessary to enable the preparation of financial statements that are free from material misstalemenl, whether due to fraud or error. In preparing the financial stslements, the Trustees are responsible for assessing the ¢harilable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees erther intend to liquidate the charitable company or to cease operations, or have no reali51ie altemative but to do go. AUDITORS. RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS Our objectives are to obtain reasonable assurance about YA)elher the financial statements as a whole are free from material misstslement. whether due to fraud or error. and to issue an auditors, report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI wll ayS detect a material misstatement vthen it exists. Misstatements can arise from traud or error and are considered material if, individualty or in the aggregate. they could reasonably be expected lo Influence the economic decisions of users taken on the basis of these financial slalemenls. Irregularities, including fraud, are in$tan¢e$ of nOnOmplianCe wth laws and regulations. We design pro¢edure$ in line with our responsibilitses, outlined above. to detect material misstatements in respect of irregularities. including fraud. The extent to which our procedures are capable of deteth.ng irregularrties. including fraud is detailed below, We gained an understanding of the legal and regulatory framework appli¢able lo the ¢harty and the area in which it operates. and considered the risk of acts by the charity that were contrary to applicable laws and regulations, including fraud. We designed audit procedures to respond to the risk, recognising that the risk of not delecling a material mistalement due to fraud Is higher than the nsk of not detecting one resulting from error, a5 frauLI may involve deliberate concealment by. for example. forgery or inlenb.onal MISpreSentatiOns, or through collusion. We identified that the greatest potential for fraud in the followng areas.. recognition and completeness of income and posting of unusual journals. We discussed these risks wth management and designed audit procedures to the lesl the recognition and completeness of revenue. We reviewed journals posted around the year end lo look for potential "wndow dressing" A further description of our responsibilities for the audit of the finanaal statements is located on the Financial Reporb'ng Council's website at.. www.frc.or -ukJaudTioTsres 5ibililies. This descripb'on forms part of our auditors, report. Page 18
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF FAMILIES FIRST INORTH EAST) (CONTINUED) USE OF OUR REPORT This report is made solely to the ch8ri1able ¢omp8ny's members. as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might stsle lo the ¢harilable company's members tho$e matters are requireil lo state to them in an auditors, report and for no other purpose. To the fullest extent perniitted by law, ¥ do not accept or assume responsibility to anyone other than the charitable company and its members, as a booy. for our audit work. for this report, or for the opinions we have formed. H•athèr O'Dd$coll FCA18onlor 8tstutory audltor) for and on behalf of Waltons Businèss Advisgrs Chartered Accountsnls Statutory Auditor Maritime House 2 October 2024 Page 19
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2024 Rastrictsd Unrnstrictsd funds funds 2024 2024 Total funds 2024 Total funds 2023 Note INCOME FROM: Donations and grants Charitable aclivitses Other trading activities Investments 302 4,965 1.025,398 9,791 4,693 5,267 1.606,374 9,791 4,693 12,669 1,509,223 15,770 1,491 580.976 TOTAL INCOME 581.278 1.044,847 1.626,125 1,538,493 EXPENDITURE ON: Raising funds Charitable acliwbe8 10,481 1,190,478 10,481 1.654,530 12,242 1,495,587 464,052 TOTAL EXPENDITURE 464.052 1.200,959 1.665,011 1,507,829 NET INCOMEIIEXPENDITURE) Transfers between funds 117.226 (106.042) 1156,1121 106,042 138,8861 30,664 18 NET MOVEMENT IN FUNDS 150,0701 138,8861 30,664 RECONCILIATION OF FUNDS: Total funds brought forward Nel movement in funds 447.534 11.184 410,834 150,0701 858,368 138,8861 827, T04 30,664 TOTAL FUNDS CARRIEO FORWARD 458.718 360,764 819,482 858,368 The Statement of Financial Activitie5 includes all gains ar losses recognised in the year. The notes on pages 23 to 41 fom) part of these financial statements. Page 20
FAMILIES FIRST {NORTH EAST) IA ¢ompany limited by guarantee) REGISTERED NUMBER: 12051397 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Mole FIXED ASSETS Tangible assets 14 670,9S2 660,297 670.952 660,297 CURRENT ASSETS Debtors Cash al bank and in hand 15 59,637 300,619 59,627 369,954 360,2S6 429.581 Creditors.. amounts fallin9 due within one year 16 1110,0381 (88.884) NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 250,218 340,697 921.170 1,000,994 Creditors. amounts falling due after mo than one year 17 {101,6881 (142,626) TOTAL NET ASSETS 819,482 858,368 CHARITY FUNDS Reslricled funds Unrestricted funds 18 18 458.718 360,764 447,534 410,834 TOTAL FUNDS 819.482 858,368 The Trusteey acknowledge their Te5ponsibililie5 for complying wth the qUIrementS of the Act wlh respe¢t lo accounting records and pparatiOn of financial stslements. The financial statements have been prepared in accordance wlh ihe provisions applicable to entities subject to the small companies regime. Thè financial st mRnts were approyed and authorised for issue by the Trustees and signed on their behalf by.. P Hargreaves (Chair of Trusleesl Dale 1 October 2024 The notes on pages 23 to 41 fomi part of these financial statements. Page 21
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 CASH FLOWS FROM OPERATING ACTIVITIES Net cash used in operating activities 25.028 224,531 CASH FLOWS FROM INVESTING ACTIVITIES Interest Proceeds from the sale of tsngible fixed assets Purchase ol tsngible fixed assets 4.693 1.000 {51,6731 1,491 (48,356) NET CASH USED IN INVESTING ACTIVITIES {45.9801 146,8651 CASH FLOWS FROM FINANCING ACTIVITIES Repayments of borrowing Bank loan interest paid {38,5601 19.8231 (36,320) (12,062? NET CASH USED IN FINANCING ACTIVITIES 148,3831 148,3821 CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR {69.3351 369,954 129,284 Cash and ¢a$h equivalent$ at the beginning of the year 240,670 CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 300.619 369,954 The notes on pages 23 to 41 form of these financial slalements Page 22
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 GENERAL INFORMATION The Charity is a company incorporated in England and Wales and limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity. The registered address 1$.. 175 York Road Hartlepool TS26 9EQ ACCOUNTING POLICIES 2.1 81¥1s of proparatlon of financll #tstèmonts The financial slalemenls have been prepared in accordance vrtth the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Statement of Re¢ommended Pra¢ti¢e applicable lo charities preparing their accounts in accordance wth the Financial Reportin9 Standard applicable in the UK and Republic of Ireland IFRS 1021 leffecbve 1 January 20191. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Families First (North Easll meets the definition of a public benefft entrty under FRS 102. Assets and liabilits'es are initially re¢ogniseO at histori1 wst or transacb'on value unless otherwise slated in the relevant accounts'ng policy. 2.2 Fund ccountlng General funds are unreslrided fvnds whith are available for use at the discretr'on of the Trustees in furtherance of the general obje¢tives of the Charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance wth specific restrictions imposed by donors or vthich have been Taised by the Charrty for partscular purposes. The eosls of raising and administering such fvnds are charged against the specific fvnd. The aim and use of each reslricled fvnd is set out in the notes lo the financial ststements. 2.3 Going concem The Trustees. having made due and carelul enquiry and prepanng fore¢asls, are of the opinion that the Charity has adequate working capiial to execute ils operations over the nexi 12 months. The Trustees. thef0. have made an infomied iudgemenl at the time of approving the financial statements, that there is a reasonable expectation that the Charty has adequate resources to continue in operational existence for the foreseeable frJture. As a resutt the Trustees have conts'nued to adopt the going concem basis of accounting in Preparing the annual financial slatemenl5. Page 23
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES ICONTINUEDI 2.4 Income All income is recognised once the Charity has enlrfement to the income. il is probable that the income wll be received and the amount of income receivable be measured lIablY. Grants are included in the statement of finanaal aclivth'es on a receivable basis. The balance of income received for specific Purposes bul not expended during the period is shown in the relevant funds on the balance sheet. Where income is receiveil in advance of entitlement of receipt, its recognition is deferred and induded in creditors as deferred income. Where entidement occurs before income is received, the income 1$ accrued. Income tax recoverable in relation to investment income is recognised al the ts'me the investment income is receivable. Income from charilable acb'vities includes income recognised as eamed las the relate(I goods or service$ are provided) under contract or where entiuement to grant fvnding is subject lo specific performance wnditions. Grant inwme included in thi$ tegory provides funding to support programme activrties. This also includes income from provision of charrtable services and activities. 2.5 EXndItUrn Expenditure 1$ recognised once there is a legal or con$lru¢iive obligation lo transfer economic benefit lo a third paty. it is probable thal a transfer of onoMiC benefits wll be required in Settlement and the amount ol the obligation can be measured reliably. Expenditure is classified by activity. The costs ol each activity are made up of the total of direct cos15 and shared costs, including support costs involved in undertaking each acbvity. Direct costs attn"bulable to a single activity are allocated directly lo that actiwty. Share<1 costs which conlnbule lo more than one activity and support costs which are not attributable lo a $ingle activty are apportioned been those activities on a basis ¢onsi$tenl with the use of resources. Cos15 of raising fvnds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. Charitsble a¢tivilies and Govemance cost$ a costs in¢urred on the Charty's operations including support costs and costs relatsng to the governance of the charty apportioned to charitable activib'es. 2.6 Tangible fixed assets and depreciation Tangible fixed assets costing £1,000 or more a capitalised and e0gniSed en futu economic benefits are probable and the $1 or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognrtion, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All 51$ in¢urre(I to bnng a tangible fixed asset into ils intended working condition should be included in the measurement of cosL Page 24
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES ICONTINUEDI 2.6 Tangible fixed assets and depreciation {continued Depreuatson is Charged so as to allocate the cost of tsngible fixeil assets less their residual value over their eslimaled useful lives, using the straight4ine meth¢)d. Depreciation is provided on the following bases.. Freehold property Property improvements Motor vehicles Fixiures and fitb'ngs 50 years straight line 10 years straight line 4 years straight line 4 years Straight line 2.7 Pèn8lon$ The Charty conlribules lo a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fijnd in respect of the year. INCOME FROM DONATIONS AND GRANTS Restr1¢1 Unrgstrl¢t•d fvnds nd¥ 2024 2024 Totsl fund¥ 2024 Total funds 2023 Donations Grants 302 3.46S 1,SOO 3.767 1,SOO 2, 755 9,914 302 4,96S 5.267 12,669 Total 2023 8,447 4,228 12,669 Page 25
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INCOME FROM CHARITABLE ACTIVITIES R•strICt Unrestrict8d funds nds 2024 2024 Totsl funds 2024 Total runds 2023 Working with Children Preservation and Protection of Heatth Vocational Education Residential Propety 207,324 373.652 33,407 2.147 35,160 954,684 240,731 375.799 35.160 954,684 205.882 342, 101 37,506 923, 734 580,976 1.025,398 1,606.374 1,509,223 rol812023 500.207 1.009.016 1,509,223 FUNDIiAISING INCOME Unrestrictod funds 2024 Total funds 2024 Tot81 funds 2023 Meeting room hire Events 9.420 371 9.420 371 12,000 3,110 9,791 9,791 15,110 Total 2023 15.110 15,110 Page 26
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INVESTMENT INCOME Unrestrict8d nds 2024 Totsl funds 2024 Total runds 2023 Bank interest 4.693 4.693 1,491 Total 2023 1.491 1.491 EXPENDITURE ON RAISING FUNDS Unrestr5ct8d funds 2024 Total funds 2024 Total funds 2023 Costs of raising voluntary InMe Bank loan interest 6S8 6S8 180 9.823 9,823 12,062 10,481 10.481 12.242 Total 2023 12,242 12,242 Page 27
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES Summary by fund typ• Restricted Unrestricted funds funds 2024 2024 Total 2024 Total 2023 Working with Children Preservation and Prolecb"on of Heahh Vocational Education Residential Propety 171,367 285,060 117 57,084 83,377 43,203 1,006.814 228.451 368,437 43,320 1,014,322 186,684 342.470 48,328 918, 105 7,S08 464,OS2 1,190,478 1,654,530 7,495,587 Total 2023 390.669 1. 104,918 1,495,587 ANALYSIS OF EXPENDITURE BY ACTIVITIES Actlvltlos ndertakon dlre¢tty 2024 Support ¢o$ts 2024 Totsl funds 2024 Total funds 2023 Working with Children Preservation and Protection of Heahh Vocational Education 191.817 281,9S6 36.634 86,481 3,276 209,138 228.451 368.437 43,320 1,014.322 186,684 342,470 48,328 918, 105 Residential Property 805.184 1.319,001 335,529 1,654,530 1,495.587 Total 2023 1. 173.812 321. 775 1.495.587 Page 28
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF EXPENDITURE BY ACTIVITIES Icontinuedl ANALYSIS OF DIRECT COSTS Preservatio Working nand th Protection Vo¢atlonal Rosld•ntlal Childrèn of Héalth Education Propèrty 2024 2024 2024 2024 Totsl funds 2024 Total funds 2023 Staff costs Bistro ¢o$ls Activity costs Travel costs Repairs & maintenance Telephone & inlemel Cleaning Printing, postsge & stationery Advertising & promotion Volunteer costs Premises costs Sundries Subscnptsons Rale$ & refuse 116,960 271.528 10,801 21,014 681,682 1,080,971 21,014 55,999 10.442 985. 144 17,626 54,604 8,249 26.095 5,322 8.746 21.158 4,172 10,282 1,685 14,391 26,358 27,004 1,153 1.969 383 151 255 1,258 5.77$ 2.945 7.999 2,091 9,400 71 26 382 3,000 232 2.498 1.072 1.106 416 78,S07 7.622 15.142 10.234 2,288 544 40,313 6, 183 14,412 5,883 26,695 1,882 389 1,028 48,812 5,157 12.255 9,208 351 191.817 281.956 40.IM4 805.184 1,319.001 1, 173,812 Total 2023 151, 799 259, 150 41,902 720,961 7, 173,872 Page 29
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF EXPENDITURE BY ACTIVITIES Icontinuedl ANALYSIS OF SUPPORT COSTS Preservatio Working nand th Protection Vo¢atlonal Rosld•ntlal Childrèn of Héalth Education Propèrty 2024 2024 2024 2024 Totsl funds 2024 Total funds 2023 Staff costs Depre¢ialion Activity Costs Travel Costs Repairs & Maintenan¢e Telephone & Inlemel Cleaning Printing Posting Sl*ionery Advertising & Promotion Volunteer Costs Premises Costs Sundries Subscnptsons Staff Insurance & CRB Check 23,556 4,401 55,599 10,386 2.106 393 134,455 25,117 366 1,982 215,716 40,297 $86 3.179 198, 180 37, 104 1,407 5,87T 820 31 765 69 4,372 7,014 19,045 197 358 18 32 1,127 2.IMS 1.808 3.281 3,202 2,856 493 19 1,191 1,911 1,617 1S 193 5,$4S 2,028 3.111 36 466 13,411 4,904 7.523 87 396 14,088 4, 185 6,91T 81 2,350 857 747 21,S16 7.866 12.069 210 77 118 1.317 1,463 IS081 3,452 11.1961 8,350 12.8931 13,396 14.6421 10,048 5,238 Rates & Refuse Govemance Costs 1451 1.173 2.764 104 6.6B6 10.727 11,534 36,634 86,481 3.276 209.138 335.529 321, T75 Total 2023 34,885 83,320 6,426 197, 144 321, 775 Page 30
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 10. GOVERNANCE COSTS 2024 2023 Business Development costs Accountancy fees Auditors, remunerabon 1,634 335 10.392 9,900 10.727 11,534 11. AUDITORS, REMUNERATIOM The auditors, remuneration amounts to an auditor fee of £8,660 (2023 - £8,250), and preparation of eorporation lax relums and tonsultancy of £28012023- £ -1. 12. STAFF COSTS 2024 2023 Wages and salaries So¢ial security costs Contribution lo defined contribution pension schemes 1,199,048 77,240 20.399 7,088.801 74,669 19,854 1,296.687 7, 183,324 The average number of persons employed by the Charity dunng the year was as follows.. 2024 No. 2023 No. Working wth Children Presetvation and prolecti¢)n of heallh Vocats'onal Education 32 10 16 27 Residential Property Co 31 40 80 91 Page 31
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 12. STAFF COSTS Icontinuedl The average headcount eXpssed as lulktime equivalents was- 2024 No. 2023 No. Working with Children Preservation and protection of health Vocational Education Residential Propety Core 15 12 24 30 50 53 No employee received remuneration amounting to more than £60,000 in either year. The lolal remuneration paid lo key management personnel linduding national insurance and penslon eontribulionsl was £246,02712023. £248.3291. 13. TRUSTEES, REMUNERATION AND EXPENSES During the year. no Trustees received any femuneration or other benefits (2023- £NIL). During the year ended 31 March 2024, no Trustee expenses have been incurred (2023- £NILJ. Page 32
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. TANG18LE FIXED ASSETS Property Freehold improvemen property Motor Fixtures and vehicles fittings Total Cost Al 1 April 2023 Additions Disposals 602.235 93.316 13.641 22.406 31.138 18,6S71 55,044 6,894 773.001 51.673 18,6S71 Al 31 Marth 2024 602,235 106.957 44.887 61,938 816.017 D•preclatlon Al 1 Apnl 2023 Charge for the year On di$po$al$ 38.814 12.04S 19.347 9.559 18.536 36,007 12,347 112.704 40.297 17,9361 {7,9361 Al 31 March 2024 50,859 28.906 16.946 48,354 145.065 N•t book value Al 31 March 2024 551.376 78.051 27.941 13,584 670.9S2 Al 31 Mah 2023 563.421 73.969 3,870 19,037 660,297 15. DEBTORS 2024 2023 Du8 wlthln one yaar Trade debtors Other debtors 51.134 8.503 55,015 4,612 59.637 59.627 Page 33
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. CREDITORS.. AMOUNTS FALUNG DUE WITHIN ONE YEAR 2024 2023 Bank loans Trade creditors Other tsxats'on and social security Other creditors Accruals & delerred income 40.938 8.371 19,330 17.271 24.128 38,559 6,071 13,322 30,932 110,038 88,884 2024 2023 Deferyed income at l April 2023 Resources deferred during Ihe year Amounts released from previous periods 19.6S6 13,567 {19.6561 13,671 19,656 (13,611) Dof•rr•d Income at 31 March 2024 13,567 19.656 Deferred income relates to Lome House re*denls fees received in advance. 17. CREDITORS.. AMOUNTS FALUNG DUE AFTER MORE THAN ONE YEAR 2024 2023 Bank loans 101.688 142,626 The above loan is repayable in monlhty inslalments ending June 2027. Interest 1$ charged at 6% per annum The bank loan 1$ secured by a fixed charge over the treehold propety known as Melboume Hotel. Page 34
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 18. STATEMENT OF FUNDS STATEMENT OF FUNDS- CURRENT YEAR Balance at 31 March 2024 Balance at 1 Aprfl 2023 Transfers Inlout Income Expendlture Unrestricted funds General Funds One77 Lome House Melbourne House 214.$49 54.621 35,410 821,637 133.179 {352,6291 231.877 {40,0441 4.634 1697,3YI 1106,1391 {110.9321 {24.3301 148.418 193,378 2.907 211,522 824 410,834 1,044,847 11,200,959) 106,042 360,764 Rostrlctod funds Land & Buildings SNIPS STREET Toy Library ActiveKidz Hand in Hand Evolve Social Eyes Autism Awareness Oasis 438,391 195 107 216 51 .371 89 23 {12,0451 {69,S431 {16,4321 {13,2291 14,3231 {277,6331 {26,9631 26,809 {11.9701 {15.3501 19,7251 18.7501 {85.7491 18.7491 13,S131 16971 11.852 452,955 81.318 31.814 22,743 13,078 360,574 35,623 3,490 1.891 30.74T 139 56 5.563 91 11,2851 {42.5991 447.$34 581.278 {464.0521 {106.0421 458.718 Total of funds 858,368 1.626,12S 11,665,011) 819,482 Page 35
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 18. STATEMENT OF FUNDS ICONTINUEDI STATEMENT OF FUNDS - PRIOR YEAR 8alance at 31 Mah 2023 Balance at l Apnl 2022 Trnnslers in/out Income Expendrtu Unrestricted funds General Funds One77 Lome House Melbourne House 83,919 611 271,960 6,717 68,622 37.506 781,073 142,644 (342.289) (42. 102) (609,655) (123, 114) 404,297 3.985 (250,000) (22, 740) 214,549 193,378 2,907 362,607 1,029,845 (1, 117, 160) 135,542 410,834 Rostrlct•d funds Land & Buildings SNIPS STREET 425,377 36.193 1,369 1,178 345 219 13,020 (29.330) (22,000) (9, 725) (11,300) (61,200) (10,422) (4.62T? (2,000? 191 438,397 195 107 62,214 35,718 21,444 14,220 325,288 30,716 4,650 2,592 17 (68.882) (14.980) (12.681) (3.214) (255.936) (20,491) Toy Library ActiveKidz Hand in Hand Evolve Social Eyes Autism Awane$S Clients personal allowance Big Lottery Oasis Solar panels 216 51 8,371 89 23 91 90 46 (591? (254) (1.440) (12,200) 1,440 8,825 (8.414) 3,375 8,414 465,09T 508,648 (390.669) (735.542? 447,534 Total of funds 827. 704 1.538.493 (1.507.829) 858.368 Page 36
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 18. STATEMENT OF FUNDS ICONTINUEDI UNRESTRICTED FUNDS General funds The main management and administrats.on ffijnction of the services, including section heads. This is partly funded from transfers from reslricled fijnds and the re5identsal propertie5 to represent the core tsme spent on those projects. Melbourne Hous The property value & associated loan is held in restricted fvnds with other land and buildings. The elernenl of the loan %thich was not directly required for the purchase is held here in unrestricted. Other income and expenditure on this fund represents the running of Melboume House residential home. A management charge transfer was made lo reflect the costs of running this service included wthin core. Income and expendilure on this fund represents ihe running of Lome House residential home and there is a balance carried fOard on this. A management charge Iranster was made to reflect the costs of running this service included within core. Vocatlonal Educatlt)n One77 A training bistro operated by young peoFde. The bistro's profits may be spent Irèely on the aclivilie5 of thè chanty. RESTRICTED FUNDS Worklng ChSldrnn SNIPS An after-school and holiday playscheme specfficalfy for children Yh profound leaming disabililieg and challenging needs. TREET The service is principally supported youth provision for young people wth addits'onal need5 acr05S Hartlepool. Thiy lund Is part Street Juniors and part Street Seniors. To Libra A facility for parents that have, or organisations that work with, a child a disabilty or additional support needs and vkno require specialist play and educats'onal equipment. Includes our home support work. Social E es Social Eyes is a innovative approach lo facilitating social skills and social understsnding wlh people on the autism spectrum. Evdve 'An ahemalive to education. for those additional needs aged 16-25 years. Autism Awareness Fund to appoint an Autssm specialist to supporL advise and train both staff and parents. Page 37
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 18. STATEMENT OF FUNDS ICONTINUEDI Oasis The oasis 1$ a hydrop¢)ol available for private hire and attendance at ses$ion$. There 1$ also a sen$ory space vthich is available for children and young people. Pre¥ervatlon & Protection of health iv Phy$i¢al activities for ¢hiklren vJith additi'onal needs. Hand In Hand The service provides indiv7dual support to Children and young people wth addf(ional needs $0 that they may fulfil their social Ca ambrtions and partiupale in physical acb"vibes. Core Land and Buildin The land and buildings are held vthhin this fund and depreuation is charged to the fund annually. Page 38
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 19. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT PERIOD Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Tangible fixed a$sel$ Current assets Creditors due wrthin one year Creditors due in more than one year 452.9SS 5.763 217.997 670.9S2 354.493 360.256 1110.0381 1110,0381 {101,6881 1101,6881 Total 458,718 360,764 819.482 ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR PERIOD Resttycted Unrestricled funds funds 2023 2023 Total funds 2023 Tangible fixed assets Current assets Creditor5 due wthin one year Crellilors due in more than one year 563,422 9, 143 (26.609) (98.422) 96,875 420,438 (62,275) (44.204) 660,297 429,581 (88,884? (142,626) Total 447.534 470,834 858,368 Page 39
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING 20. ACTIVITIES 2024 2023 Nel incomelexpendilure for the period las per Statement of Financial Activiliesl {38,8861 30.664 Adjustmonts for: Depreciats'on ¢harges Interest Profit on the sale of fixed assets 40.297 14,6931 12791 1101 18.776 9,823 37, 104 (1,491) Decreasellincrea5el in debtors Increaselldecreasel in creditors Bank loan interest paid 157, 190 (10,998) 12,062 Net cash provldèd by 0ratIng actlvltl•8 25,028 224,537 21. ANALYSIS OF CASH AND CASH EQUWALENTS 2024 2023 Cash in hand 300.619 369,954 Total cash and cash oqulvalents 300,619 369,954 22. ANALYSIS OF CHANGES IN NET DEBT At 1 April 2023 Cash flo At 31 March 2024 Cash al bank and in hand Debt due within 1 year Debt due after 1 year 369,954 {38,5591 {142,6261 {69,3351 12,3791 40.938 300,619 140,9381 {101.6881 188.769 130.7761 157.993 Page 40
FAMILIES FIRST {NORTH EAST) IA ¢¢)mpany limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 23. OPERATING LEASE COMMITMENTS Al 31 March 2024 the Charity had commitments lo make lulure minimum lease payments under non- cancellable operating leases as follows.. 2024 2023 Not later than 1 year Later than 1 year and not later than 5 years 3.816 12.402 2,268 16.218 2,268 24. RELATED PARTY TRANSACTIOMS The Charity has received £4,160 of income12023'. £2601 from an organisation in which a Trustee has an interest and made purchases of £NIl12023.. £1.1381 to a company in which a Trustees is a director. Al the year end £760 was owed lo the Chanty from an organisatson in which a Trustee has an interest. 25. CONTINGENT LIABILITY There 1$ a contingent liabilty of £8,382 in respect of a grant from the SME Energy Efficiency Seheme (funded from the European Regional Development Fund). This grant is repayable if the Chanly disposes of any asset purchased wlh the grant Trmlhin five yeafs ol the grant date lie b&fore December 20271. Page 41