Annual Report
1[st] April 2022 to 31[st] March 2023
Ten Little Toes Baby Bank
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Ten Little Toes Baby Bank Legal and Administrative Information For the Year Ended 31 March 2023
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1184233 START OF FINANCIAL PERIOD 1[st] April 2022 END OF FINANCIAL PERIOD 31[st] March 2023 Trustees Richard Benwell Chairperson Sam Lusted Kamila Klidzia Anna Stapleton Paul Petty Joanna Petty Sara Beadle LEGAL STATUS Incorporated Charity OBJECTIVE Ten Little Toes Baby Bank is a charitable incorporated organisation (CIO) which works with local agencies to provide support to families in crisis. REGISTERED OFFICE Ten Little Toes Baby Bank The Old Post Office The Street Cowfold Horsham RH13 8BP Tel: 07387870935 Email: office@tenlittletoesbabybank.org Website: Ten Little Toes Baby Bank | Baby Bank in West Sussex PRIMARY BANKERS Lloyds Bank 1 West Street Horsham RH12 1PA INDEPENDENT EXAMINER Zuheir Suleman
Financial Statement:
A summary of our Independently Examined Accounts for the year ending 31[st] March 2023 can be found at the end of this report.
The Board of Trustees is satisfied with the performance of the charity during the year and the position on 31[st] March 2023 and considers that the charity is in a position to continue its activities during the coming year, and that the charity’s assets are adequate to fulfil its obligations.
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Ten Little Toes Baby Bank Financial Statements
Final Accounts for the Year Ended 31 March 2023
TRUSTEES ANNUAL REPORT
Ten Little Toes is a Charitable Incorporated Organisation. At the end of the financial year 2023, it is managed by a team of six trustees, one of whom is also responsible for the day-to-day running of the charity. It has a core team of active, regular volunteers who help manage the organisation. It uses ad hoc volunteers to help deliver and support its services where needed. The organisation is based at the home of our founder and continues to seek appropriate alternative premises.
Ten Little Toes appointed three new trustees during the year and has been working on developing the core team to ensure sustainability in the coming year.
Activities and Objectives 2022-23
Throughout 2022-2023, Ten Little Toes has continued to support families experiencing hardship across Sussex. We have continued to expand the network of social workers and health professionals we support and now work on an exclusively referral only basis. This enables Ten Little Toes to focus on those with the greatest need and ensure the support reaches the correct places in a timely and efficient manner.
We have continued to provide bundles of baby and child supplies to families who were experiencing crisis or financial hardship due to a range of circumstances, including the Ukraine War related hardship, homelessness, domestic abuse, mental and physical ill health, and a wide range of other causes. We have also ensured that every bundle has included essential hygiene products for the adults in the household to help alleviate hygiene poverty where possible. We provided emergency bundles to families, including making deliveries where necessary, and we have continued to respond to emergency referrals where necessary.
During this year Ten Little Toes has worked hard on maintaining consistent social media presence, which allows us to maintain the flow of donations and support for the charity. This engagement and reputation is core to the success of the charity and its ability to meet the needs of the community. We have continued to address our fundraising strategy, and work with potential funding partners to ensure our sustainability. We have secured funding via grants as well as a consistent line of unrestricted funds via charitable giving. This continues to be a major focus for the coming years to ensure that our fundraising grows in line with the demand for our service. At the end of this financial year we are building a fundraising strategy and timeline which will see us more focused on this in the coming period.
In 2022-2023, Ten Little Toes supported 644 families via direct referral basis with an estimated in kind value of £184K. This is defined as the estimated cost of all items provided to families in need if these items had had to be provided new. While some of this value is real cost, in terms of new items which must be provided for health and hygiene purposes, the majority of this valuation is achieved via the donation of pre loved goods.
This supports an ethos of recycle and reuse where possible, saving good quality items from landfill. We have begun working with major suppliers to source replacement parts to refurbish baby equipment to ensure it is safe and in good condition for its next recipient.
37% of our referrals came from within the RH10/RH11 postcode areas, (Crawley) but referrals in general are spread across 45 postcode regions within the West Sussex area.
Ten Little Toes Baby Bank Financial Statements
Final Accounts for the Year Ended 31 March 2023
STATEMENT OF FINANCIAL ACTIVITIES (SOFA)
| INCOMING RESOURCES Incoming Resources from Generated Funds Income from Charitable Activities Main Grant Activities for Generating Funds TOTAL INCOMING RESOURCES Costs of Generating Fund Publicity and Marketing Costs Disbursements Charitable Activities and Salaries Support Costs TOTAL RESOURCES EXPENDED NET INCOMING/(OUTGOING) RESOURCES Total Funds Brought Forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Funds £ Restricted Funds £ Total 2022/23 £ Total 2021/22 £ 18,997 18,997 7,556 28,783 28,783 5,819 |
|---|---|
| 28,783 18,997 47,780 13,375 200 200 317 0 0 0 22,869 22,869 12,586 4,843 4843 3,541 27,912 27,912 16,444 871 18,997 19,869 -3,169 5,634 5,634 8,703 |
|
| 6,505 18,997 25,502 5,634 |
Final Accounts for the Year Ended 31 March 2023
Ten Little Toes Baby Bank Financial Statements
BALANCE SHEET
| Fixed Assets Tangible Assets Current Assets Cash at Bank Current Account Cash at Bank Savings Account Creditors: amounts falling due within one year NET ASSETS Funds of the Charity General Restricted TOTAL INCOMING RESOURCES |
Unrestricted Funds £ Restricted Funds £ Total 2022/23 £ Total 2021/22 £ - - - - 1,994 1,994 634 4,512 18,997 23,509 5,000 |
|---|---|
| 6,506 18,997 25,503 5,634 |
|
| - - - - |
|
| 6,506 18,997 25,503 5,634 |
|
| 6,506 6,506 634 0 18,997 18,997 5,000 |
|
| 6,506 18,997 25,503 5,634 |
Restricted amounts are sums set aside for rental of a new property and prepayment of salary costs.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The accounts have been prepared in accordance with the special provisions relating to small companies under s477 of the Companies Act 2006 The directors 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 provision applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Approved by the Trustees on 14/08/2023
and
Signed on behalf of Trustees:
Mr Richard Benwell (Chair)
Ms Kamila Klidzia (Treasurer)
Final Accounts for the Year Ended 31 March 2023
Ten Little Toes Baby Bank Financial Statements
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TEN LITTLE TOES BABY BANK
I report on the accounts of Ten Little Toes Baby Bank for the year ended 31 March 2023.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) or under Regulation 10(1)(a) to (c) of the Charities Accounts (Scotland) Regulations 2006 (the 2006 Regulations) and that an independent examination is needed. I am qualified to undertake the examination by being a qualified member of the Association of Certified Chartered Accountants.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act and under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 (the 2005 Act);
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission and is in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act and section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act and section 44(1)(b) of the 2005 Act and Regulation 8 of the 2006 Accounts Regulations
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have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mr Zuheir M Suleman ZMS Accounting & Payroll Services Ltd MAAT Reg- 10213315