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2024-03-31-accounts

Charity registration number 1186158

THINK18

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

THINK18

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees T Denison
J P Kavanagh
H L Jellard
R Deans
R Adams
Mr N D Taylor (Appointed 19 February 2024)
Charity number 1186158
Principal address 2 Home Farm Court
Shillinglee
Surrey
Godalming
GU8 4SY
Independent examiner Jordan Abbott BSc ACA
Carpenter Box
Piper House 4 Dukes Court
Bognor Road
Chichester
West Sussex
PO19 8FX

THINK18

CONTENTS

Page
Trustees' report 1 - 5
Independent examiner's report 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9 - 17

THINK18

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2024

The trustees present their annual report and financial statements for the year ended 31 March 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution (adopted 31 August 2019, revised July 2021), the Charities Act 2011 and "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).

Objectives and activities

THINK18 is the concept of Teresa (Tessa) Denison. Tessa’s daughter Rosie, who has Down Syndrome, and her friends are reaching a stage in their lives where they are seeking to build a wide range of experiences and create new friendships.

The purpose of THINK18 is to relieve the needs and promote the social inclusion of young people and adults (aged 16-35) with learning disabilities, in such ways as the Trustees shall think fit and promote the social inclusion of such young adults who are socially excluded as a result of their age and learning disability, in particular but not exclusively by offering advice, support and opportunities for social interaction, recreational and other activities designed to promote their independence, improve their conditions of life and prevent them from becoming socially excluded.

The values at the heart of everything we do are: putting young people first; inclusion; creativity; respect; networking; integrity.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

Significant activities and achievements against objectives Executive Summary

This report covers the period 1[st] August 2023 to 30[th] June 2024.

THINK18 aims to provide benefit to young adults with learning disabilities primarily in West Sussex, but not excluding other UK young adults. Our ethos is driven by a commitment to enable young people with learning disabilities to transition to adulthood with the help of targeted activities.

Our key objective is to relieve the needs and promote the social inclusion of young adults (aged 16-35) with learning disabilities.

Our values are at the heart of everything we do: putting people first; inclusion; creativity; respect; networking; integrity.

The Charity is governed by the Board of Trustees, supported by committees and working groups. We do not employ staff but use a wide range of independent contractors to deliver services and provide administration support. We also have a growing number of volunteers. Trustees, volunteers and independent contractors are DBS screened and have completed safeguarding and first aid training where required.

Our accounting balance as at 30[th] June 2024 was £97,085 (£50,647 restricted funds, £46,438 unrestricted funds). Our reserves policy requires that we retain sufficient reserve funds to run for 6 months, and currently £38,500 is kept in reserve to reflect this.

During the period, THINK18 has seen continued membership growth. We now have 102 members and offer 7 online activities and 2 in-person activities every week and other events for young adults with learning disabilities, their carers and families.

THINK18

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

For the future, we have identified the following priorities to develop THINK18 as a Charitable Incorporated Organisation (CIO) and strengthen our ability to deliver our objectives:

In January 2024, we appointed a Treasurer and in September 2024 we appointed a COO to further these aims.

Aims

THINK18 has grown and developed significantly since its first activities in October 2019, establishing networks with young adults, their families and friends, local schools and colleges, and other organisations and providers to offer high quality, consistent opportunities for social interaction, learning and fun.

Beneficiaries: At June 2024 THINK18 had 102 young adult members with moderate to severe learning disabilities.

Activities

In Person Social Activities

https://www.think18.org.uk/sat-activities/

THINK18 began with the aim to offer social activities using local premises. We use the Apuldram Centre as a venue for our weekly SATURDAY ACTIVE on Saturday mornings for face-to-face activities, which include sports, drama, music, dance and art, enabling us to currently accommodate 28-30 participants. We also use the centre for our monthly Thursday night experiences and, on occasion, Saturday afternoons when we offer specialist workshops.

We started THINKPERFORM in Jan 2024 which runs every Sunday in term time and is now very much part of our young programme. It is a ‘Musical Theatre’ group with facilitators from ‘Holly King Performance Academy’ and we offer the opportunity for young adults to perform at various venues in and around West Sussex. We also started THINKVOICE in Jan 2024 where our young adults get the opportunity to say what they would like, help create policies such as the kindness policy and ensure our activities give them the best experience.

We hold online zoom activities seven times a week in the evenings, Mon – Thur. Dance, drama, health, singing, art, chat and drinks are all popular, giving our young adults a time to check in, participate in some great sessions and parents to get some respite.

In addition, we arrange regular pub nights, cinema and theatre trips, workshops, alongside a 3-day summer camp and various sport, art and music activities throughout the year during the holidays. We have introduced our young adults to new experiences including basketball, judo, dance workshops, music soundbaths, Pilates and performance workshops.

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

THINK18

Working with partners

Since our inception, we have worked with the Halow Project and more recently Apuldram to deliver activities bring together members of local charities to offer more opportunities at affordable cost.

During 2023 we built new relationships with third party providers who run some engaging activities and work with Chichester College and Fordwater as a feeder for facilitators, volunteers and young adults.

In addition, we are working in partnership with Chichester University to offer volunteering and work placements across our activities and events to support students with their degree courses while providing specialist volunteering hours in all aspects of the charity.

We ran an introduction to Adaptive Judo for learning disabilities with the British Judo Team.

We also put on a performance of ‘The Little Mermaid’ with our newly collaborated ‘Holly King Performance Academy’.

Volunteers

As well as paying contractors to support THINK18’s work (e.g. tutoring for At Home, administration and operations), THINK18 depends on a team of volunteers who operate at all levels of the organisation.

Tessa, the founder and trustee, volunteers full time as Think18 Co-ordinator, and other trustees are also actively involved in the running of THINK18. In addition, volunteers help with marketing and social media, administration and direct delivery support (9-10 volunteers currently contribute a total of 17-20 hours per week to support At Home and Saturday Club activities). We have a rota for our Saturday Activities involving over 12 volunteers who give support on a monthly basis. This is made up of parents with the lived experience and additional people who would like to help make a difference in our community.

We are also active members of the Voluntary Action Arun & Chichester – supporting and promoting charities and community groups. They offer free additional training, support, networking events and volunteer recruitment opportunities across our local community.

We estimate that our average contribution from volunteers is 69hrs per week.

Policies and Procedures

THINK18 has core policies and procedures in place and revises them regularly and at least every three years (dates in brackets are when each will next be reviewed):

THINK18

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Financial review

THINK18 work is funded through fundraising, grants and donations both from individuals and organisations.

Our accounts cover the period 1[st] April 2023 to 31[st] March 2024. During this period, we received £19,370 in restricted and unrestricted grants. From April 2024 to June 2024 we raised a further £38,324 in restricted/ unrestricted grants for THINKI8 projects and administration.

Our accounting balance as at 31[st] March 2024 was £63,168 (£22,673 restricted funds, £40,495 unrestricted funds).

Our accounting balance as at 30[th] June 2024 was £97,085 (£50,647 restricted funds, £46,438 unrestricted funds). Our reserves policy requires that we retain sufficient reserve funds to run for 6 months, and currently £38,500 is kept in reserve to reflect this.

Trading and Tax:

THINK18 is aware of the Charity Commission guidance: ‘Trustee trading and tax: how charities may lawfully trade’. THINK18 will only trade in pursuit of its charitable objectives. The Trust acknowledges restrictions on engaging in trades and will not engage in such commercially- oriented trades where a significant risk to its assets would be involved.

THINK18 will not undertake any activities that may be subject to income tax, only undertaking activities that fall into one of the following charity law categories:

THINK18 is not registered for VAT with HMRC as cash flow is currently below the threshold for registration.

Structure, governance and management

THINK18 is a Charitable Incorporated Organisation. We have a constitution and are governed by a Board of Trustees, supported by working groups. Trustees oversee and monitor fundraising activities and use of funds to deliver the objects of the charity; managing any associated risks and following the Charity Commission’s guidance on Public Benefit.

The trustees who served during the year and up to the date of signature of the financial statements were: T Denison

J P Kavanagh H A Freeborough (Resigned 24 July 2023) H L Jellard R Deans R Adams Mr N D Taylor (Appointed 19 February 2024)

Recruitment and appointment of trustees

The initial trustees were found and selected by the founder Teresa Denison, appointed in April 2019 and agreed in the constitution of August 2019. Additional Trustees have been sought to further the knowledge and expertise of THINK18 in meeting our needs as the charity has grown. Recruitment is through public advertisements, volunteering organisations, word of mouth, and selection interview.

New Trustees receive the Trustee Handbook, the Constitution, Trustees’ Annual Report & Financial Statements, policies, and recent Trustees’ meeting minutes.

THINK18

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Working Groups:

Working groups are set up as needed to support activities - e.g. fundraising, volunteer recruitment and management, policies and procedures, development/delivery of THINK18 activities.

Delegated Responsibilities:

THINK18 does not employ staff. However, we use a range of independent contractors to provide services for our young adult members and for administration support. In addition, we directly recruit and support a growing number of volunteers.

Trustees, volunteers and independent contractors are DBS screened and have completed safeguarding and first aid training where required.

The trustees' report was approved by the Board of Trustees.

Robert Deans

..............................

R Deans

Chair

10 January 2025 Date: .............................................

THINK18

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF THINK18

I report to the trustees on my examination of the financial statements of THINK18 (the charity) for the year ended 31 March 2024.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's 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:

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 financial statements to be reached.

Jordan Abbott BSc ACA

Carpenter Box Piper House 4 Dukes Court Bognor Road Chichester West Sussex PO19 8FX

13 January 2025 Dated: .........................

THINK18

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted Restricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2024 2024 2024 2023 2023 2023
Notes £ £ £ £ £ £
Income from:
Donations and legacies 3 13,035 19,370 32,405 19,932 29,000 48,932
Charitable activities 4 55,699 - 55,699 97,728 - 97,728
Total income 68,734 19,370 88,104 117,660 29,000 146,660
Charitable activities 5 93,714 10,350 104,064 98,623 51,563 150,186
Net income/(expenditure) and
movement in funds (24,980) 9,020 (15,960) 19,037 (22,563) (3,526)
Reconciliation of funds:
Fund balances at 1 April 2023 65,476 13,653 79,129 46,439 36,216 82,655
Fund balances at 31 March
2024 40,496 22,673 63,169 65,476 13,653 79,129

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

THINK18

BALANCE SHEET

AS AT 31 MARCH 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 10 - 2,911
Current assets
Debtors 11 1,774 1,270
Cash at bank and in hand 67,779 77,340
69,553 78,610
Creditors: amounts falling due within 12
one year 6,384 2,392
Net current assets 63,169 76,218
Total assets less current liabilities 63,169 79,129
The funds of the charity
Restricted income funds 13 22,673 13,653
Unrestricted funds 40,496 65,476
63,169 79,129

10 January 2025

The financial statements were approved by the trustees on .........................

Robert Deans

..............................

R Deans Trustee

THINK18

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

Charity information

THINK18 is a Charitable Incorporated Organisation (CIO) registered in England and Wales (number 1186158).

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income, including grant income, is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

THINK18

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers

3 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

THINK18

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2024 2024 2024 2023 2023 2023
£ £ £ £ £ £
Donations and gifts 11,676 - 11,676 18,564 - 18,564
Grants receivable - 19,370 19,370 - 29,000 29,000
Membership fees 1,359 - 1,359 1,368 - 1,368
13,035 19,370 32,405 19,932 29,000 48,932

4 Income from charitable activities

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Membership Contributions towards Activities 55,699 97,728

THINK18

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

5 Expenditure on charitable activities

Charitable Charitable
Charitable
Charitable
activities activities
2024 2023
£ £
Direct costs
Depreciation and impairment 2,910 2,913
Charitable expenditure general 14,610 15,537
Activity Leaders, Instructors and Support Team 12,150 6,941
Think Out Charitable Expenditure 6,791 22,656
Young adults events 2,647 2,238
Rent and venue hire 7,387 9,638
Think Out Leaders, Instructors and Support Team 18,435 51,395
64,930 111,318
Share of support and governance costs (see note 6)
Support 12,184 15,221
Governance 26,950 23,647
104,064 150,186
Analysis by fund
Unrestricted funds 93,714 98,623
Restricted funds 10,350 51,563
104,064 150,186
6 Support costs allocated to activities
2024 2023
£ £
Fundraising expenses 33 1,508
Administrative fees 2,749 2,399
Office and administration 7,096 7,938
Volunteer and travel 1,962 2,784
Sundry 343 592
Governance costs 26,951 23,647
39,134 38,868
Analysed between:
Charitable activities 39,134 38,868

Governance costs includes payments to the accountants of £680 (2023 - £650) for an independent examination and £945 (2023 - £900) for other services

7 Trustees

THINK18

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

7 Trustees

(Continued)

During the year one Trustee was reimbursed mileage of £1,114 (2023 - £1,393) and office and phone costs of £125 (2023 - £375).

8 Employees

The average monthly number of employees during the year was:

The average monthly number of employees during the year was:
2024 2023
Number Number
Total - -
There were no employees whose annual remuneration was more than £60,000.

9 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

10 Tangible fixed assets

Computers Computers
£
Cost
At 1 April 2023 8,735
At 31 March 2024 8,735
Depreciation and impairment
At 1 April 2023 5,825
Depreciation charged in the year 2,910
At 31 March 2024 8,735
Carrying amount
At 31 March 2023 2,911
11 Debtors
2024 2023
Amounts falling due within one year: £ £
Trade debtors 1,774 1,270
12 Creditors: amounts falling due within one year
2024 2023
£ £
Accruals and deferred income 6,384 2,392

THINK18

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

13 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 April
Incoming
Incoming
Resources
Resources
At 31 March
At 31 March
2023 resources expended 2024
£ £ £ £
The Margaret Dobson Trust 792 - - 792
Mencap - Together Fund 3,410 - - 3,410
Mulberry Trust 8,750 - - 8,750
Enst Kleinword Charitable Trust 351 - (351) -
The Friarsgate Trust 350 - (350) -
Chichester District Council - 3,000 (2,643) 357
Bailey Thomas - 9,870 (6,506) 3,364
Peter Harrison Foundation - 6,000 - 6,000
Magic Little Grants - 500 (500) -
13,653 19,370 (10,350) 22,673
Previous year: At 1 April
Incoming
Resources
At 31 March
2022 resources expended 2023
£ £ £ £
Round the world challenge 1,135 - (1,135) -
Mulberry Trust 7,042 - (7,042) -
Let's Get Digital 3,530 - (3,530) -
National Lottery Main Grants 7,350 - (7,350) -
Sport England Grant 5,109 - (5,109) -
Disability Rights UK 3,000 - (3,000) -
Sussex Community Foundation (Apuldram) 9,050 - (9,050) -
The Margaret Dobson Trust - 5,000 (4,208) 792
Mencap - Together Fund - 6,000 (2,590) 3,410
Mulberry Trust - 15,000 (6,250) 8,750
Enst Kleinword Charitable Trust - 1,500 (1,149) 351
The Friarsgate Trust - 1,500 (1,150) 350
36,216 29,000 (51,563) 13,653

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

THINK18

13 Restricted funds

(Continued)

Round the World Challenge

ThinkSport and ThinkDance – via Zoom and Face-to-Face working toward the Round The World Challenge, supported by Mencap

Mulberry Trust

Administration Services to Think18 – all aspects of Charity Administration.

Sussex Community Foundation

Equipment & Materials, Workshop Leaders, Legal & Accountancy

Let’s Get Digital

Digital Equipment - Laptops, Wacum Tablets, Owl (Training) Seed Funding - Training & Support

National Lottery Main Grants

Halow - one Thursday per month for 6 months External Activities Hosts (one Thursday per month) Venue Hire of Apuldram Centre (Thursdays as above) Contribution to 2 x ThinkOut Theatre Trip for 18 young adults plus carers Stagecoach - Zoom Drama, Dance, Sing

Sport England (Active Sussex)

ThinkHealth, Drumfit and Walking activities

Disability Rights UK

Saturday Morning Activities at The Apuldram Centre - includes ThinkSports, Drumfit, Dance, Multi-Sports and Art

Sussex Community Foundation (Apuldram)

Saturday Morning Activities at The Apuldram Centre - includes ThinkSports, Drumfit, Dance, Multi-Sports and Art

The Friarsgate Trust

ThinkOut Wellbeing (Tuesdays Dance)

Chichester District Council

Think18 - Camping Weekend (August 2023)

Baily Thomas Charitable Trust

ThinkSport - Saturday activities (venue hire/teachers fees)

Peter Harrison Foundation

ThinkSport - Saturday morning activities (over 2 years)

Magic Little Grants

ThinkPerform - Sunday morning activities covering singing, dancing and acting.

THINK18

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

14 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At At 1 April
Incoming
Incoming
Resources
Resources
At 31 March
At 31 March
2023 resources expended 2024
£ £ £ £
General funds 65,476 68,734 (93,714) 40,496
Previous year: At 1 April
Incoming
Resources
At 31 March
2022 resources expended 2023
£ £ £ £
General funds 46,439 117,660 (98,623) 65,476
Analysis of net assets between funds
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
Fund balances at 31 March 2024 are represented by:
Current assets/(liabilities) 40,496 22,673 63,169
40,496 22,673 63,169
Unrestricted Restricted Total
funds funds
2023 2023 2023
£ £ £
Fund balances at 31 March 2023 are represented by:
Tangible assets 2,911 - 2,911
Current assets/(liabilities) 62,565 13,653 76,218
65,476 13,653 79,129

15 Analysis of net assets between funds

THINK18

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

16 Related party transactions

Transactions with related parties

In addition to the reimbursement of costs as disclosed in note 7, during the year the charity paid the following to trustees or their family members for contractor services relating to the charity’s activities:

2024 2023
Hilary Freeborough £6,525 £10,730
Tessa Denison £7,812 £0
Louis Denison-Foster £615 £1,238
Bella Denison-Foster £435 £0
Roger Adams £975 £0

The transactions took place under normal market conditions. No trustee received remuneration for their services as a Trustee.