Annual Report 2023-2024 ES,,EEM
At Esteem young people can realise their strength to cope now and thrive into their futures. We run a transformational range of sessions from our inclusive, welcoming building in Shoreham. Our community is grounded in trust and respect, and built with young people for young people. SPACE foryoungpeopie to thrive IT
Contents Trustee's report Our mission & vision 04 Our year in numbers 05 Introduction from our chair: Dr Anne Rathbone 06 Our offer over the last year 08 Supporting each other to cope and thrive despite complex barriers 12 What we have learnt over the last year 14 Securing our home & looking to the future 18 How we are funded 19 Financial statements 20-35
OUR MISSION & VISION At Esteem, we can belong and make a positive difference, whatever challenges we face. We all need someone to believe in us and the space to believe in ourselves. When we value ourselves and each other, we can all thrive together. 04
241 young adults received over 8,000 hours of support, through 1,558 sessions. That's 6 sessions every working day. we work with are facing mental health challenges. *• Over 88% of young adults who attend Esteem feel more confident to meet people, leave the house, and get involved in their local community. OUR YEAR IN NUMBERS 05
Introduction from our Chair: Dr. Anne Rathbone Welcome to our Trustee's Report for 2023124. This report highlights the growing need for support for young adults in today's challenging world. It also gives an overview of our activities and achievements in addressing this need, providing an update on our financial position and outlining our plans and aspirations. Heartfelt thanks as well to the volunteers, staff and management teams that ensure the success of ESTEEM on a daily basis. We know from our annual staff survey that people love working at ESTEEM. We still can't pay as much as some jobs but we do offer a workplace where people feel valued, supported and that they matter. We are so proud and grateful to have the management stoff and volunteer teams that we do. It does not get said often enough but we never take you for granted. Thank you all for everything you do.. for your leadership and expertise- for living up to your demanding roles; for your commitment and passion and for bringing our values to life every day. On behalf of my fellow Trustees and the whole of ESTEEM, therefore, I would like to use this space to say something additional but no less important. I would like to say thank you. Thank you firstly to all the young adults who are involved with us. Many of you come to us seeking professional support to get through tough circumstances in your lives and we know that we are effective in providing this. We work with people as individuals, giving young adults the time they need to reach their immediate goals, without the time pressures that many other services impose. But ESTEEM is about so much more than this. It is about opportunities to grow and to thrive. We do this together, by creating space for each I have always felt that to be a Chief other to feel a sense of belonging, of being Executive of a charity is one of the most part of something bigger than our demanding jobs anyone can do. Although a individual selves. We encourage each other Chief Executive is in a position of authority, to be able to'give back, by supporting in reality they are accountable to everyone others and advocating for social justice for and responsible for everything. They do young adults and in our wider community not always receive the appreciation they and society. This is what we are most proud deserve. Our Chief Executive, Cat Vizor, of ot ESTEEM and it is you who make it work, is extraordinary. Her dedicotion and by plocing your faith in ESTEEM'S opproach unswerving allegiance to our values and and living it out in your own lives. You give ethos ore, without doubt, what has made back so much benefit to others by taking ESTEEM what it is. We all owe her a deep and part in our collective endeavour and I have unending debt of thanks. So, thank you Cat, witnessed so many examples in my short for all your labour - the physical, emotional time as Chair, of your growth in self-esteem, and spiritual labour that you have given confidence and community spirit. Thank and continue to give. It is above all your you for believing in yourselves, in not giving energy that has resulted in ESTEEM thriving up and in striving every day to be the best as an organisation and being the asset to version of yourselves. As you are reading young adults and the community that it is. this, I hope you will take a minute to reflect You will always be appreciated by all of us with pride on everything you have achieved more than we can say and probably more and can achieve in your future lives. than you know. 06
As a relatively new Chair of the Board, And last but not least, thank you to those I would also like to extend my personal of you who, we hope, will become financial thanks to my Trustee colleagues for supporters going forward. You may not welcoming me into the Board, and for your know who you are yet. Reading this report trust, guidance and support. ESTEEM is may be your first introduction to ESTEEM, very lucky to have a group of Trustees that or you may know of ESTEEM but have not are so wholeheartedly committed to our financially supported us yet. Our capital organisation's health and development. campaign to purchase our beloved building Your combined expertise is such an the Old School House - will require more enormous asset and I have already learned people and organisations who believe in so much from each of you. Thank you us enough to help us with funding. We also for giving up so much of your time freely know that to be truly f inancially resilient and to play your vital role in effective and keep our core activities going, we need to supportive governance. expand our bose of supporters. We hope to build a relationship of trust and respect with you going forward. We are looking forward to showing you exactly why ESTEEM is special and how we make maximum use of every pound of funding we receive, to support young adults facing difficult life challenges to be the very best that they can be. Thank you to our fantastic funders. Without you, ESTEEM would not be able to provide the contribution to individual young adults and our community that it does. Thank you for putting your faith in us and our approach. Your belief has enabled us to provide support and development opportunities for more young adults than ever and to be in a position where we can face external challenges with confidence and optimism. However you support ESTEEM, whatever your specific contribution, thank you.
Our offer over the last year Group Activities We've offered a range of opportunities for young adults to develop social relationships and build their confidence. At Esteem, young adults have been creative, active, outdoors, and importantly, had lots of fun. Between pill 23-24, 144young odults took port in our social eNJents ond OctiltieS progromroe: Highlights from the year 20 Km Easter Hlkecompleted - Young adults and staff hiked together from Shoreham-By-Sea to Devils Dyke via Coombes Farm. 169 moals dolivored - Through our regular social sassions The Drop-ln and What You Doing Wednesday. Learn to Box course launched - We completed our first Boxing and Circuit Training 6 week Course. Creative collective and media suite created- We opened a new space and group with the resources and peer support for young creatives to develop and publish their amazing creative projects. 08
1-2-1 Support Young adults have accessed a broad range of1-2-1 support to help them achieve their goals and cope with life's challenges. We've expanded our mentoring and counselling offer, and created new inclusive ways for young adults to access support. Highlights from the year Recruiting a trans counsellor- A trans counsellor was recruited to support LGBTQ+ young people in partnership with allsorts. New walk &talk sessions We launched 'walk and talk, informal wellbeing sessions to give young people another avenue to support their wellbeing outside of our counselling offer. Improved working systems- We restructured our mentoring and wellbeing projects to make them more effective, recruiting new staff to co-ordinate both. EStE 09
Connected Communities Young adults have token the lead in our organisation, making our community stronger and gaining essential skills in the process. Young adults have enhanced our participatory offer through new-look sessions and their own new projects. We have also continued to connect young adults to opportunities through community events, volunteering, and employment opportunities, inside and outside of Esteem. Young people have got involved in community events, and taken on paid and voluntary roles in our organisation. I met a whole friendship group, got myself a mentor and got involved with so many activities and projects. Highlights from the year Barlsta Tralnlng- 15 young adults completed our baristo training, gaining valuoble hospitality skills that will improve their employment prospects. Strategy Davelopmont Working Group- Youth adults were paid over six sessions to directly shape Esteem's strategic direction. Esteem Young Adult Esteem Team Clothes Swap - In partnership with the Marine Conservation Society, young adults organised and ran a clothes swap and river clean of the Adur river. Bottleond Bis¢uits- Young adults orgonised and ran this intergenerotional project bringing together young odults and older members of the community through board games. Internships and Work Exporlenco- Three young people joined our staff team as interns, and a number of young adults took on work experience opportunities in our media team. 10
A fair start to adulthood Throughout our opportunities, young adults can access the support they need to survive and cope with their life changes. We create safe spaces where anyone can belong, and make contributions that matter. Over time young adults develop the capacity to thrive in their adult lives in the long term, despite any inequities or complex borriers they foce. -1 lost my mum to cancer soon after I finished uni and a lew days later I was made homeless. I was in a new place without any support network but I was determined to turn my life around. I got in touch with Esteem soon after. When I walked into the Old School House for the first time, l immediately felt at home. The first person I met was a young adult around my age, Kazpa. We're still good friends five years on. I did some graphic design jobs for Esteem, and then started regularly volunteering with other young adults there. I met a whole friendship group. got myself a mentor and got involved with so many activities and projects. I got out of my awful retailjob, and now I work for a national children's Charity. And I'm still involved with Esteem, as their second lived experience trustee. Not every local young person Is glven a falr start to adulthood. There Is nothlng else Ilke Esteem out there, and we need your help for those hundreds of young adults out there In the community, who are still figuring things out and writing their stories.- Pixie- Trusteo and provious Esteam Young Adult
Supporting each other to cope and thrive despite complex barriers Esteem provides a warm, non-judgemental space for around 240 young adults each year, many of whom face complex challenges and don't feel like they belong in other community spaces. We bridge thot gop, offering o supportive environment where young adults can form peer connections and receive help. -It's a lot harder to meet people now. After 18, you are left to your own devices and expected to go into the world without support. So, it s good to have support and help." Esteem Young Adult Everything we do is underpinned by an intersectional understanding of social barriers and oppression.. By valuing and opprecioting differences, and giving those on the margins a space where they can truly belong, Esteem gives young adults the space they need to maka and embad positiva changas in their lives. -Everyone is supportiv. Gender-wise. skin colour wise, what culture you re from, how much ol o weirdo you ore. No one ever feels normal, but when you're here you re oll one big family. No one judges you.- Esteem Young Adult -Esteem does feel like a family environment. It feels almost like a home. It's a place where young people can learn and grow. It s reassuring that there are people with their own/similar problems and Esteem is a place where young adults can work on their problems and grow together, and Esteem helps them in doing thot." Esteem Young Adult The young adults we work with face an average of four. intersecting social barriers. including: In this way, Esteem olso serves for a model of how we can thrive as o society.. Being Trans or non-binory Not being in education, employment or training Being vulnerably Housed Being care experienced Being o Core Leover Being in Poverty Having caring responsibilities Being a refugee or asylum seeker Hoving speciol Educotional Needs, Disabilities and l or Neurodlversity "People cant stay alone for a long time, if we don't live as a team, we aren't going to work and aren't going to be happy as a society. That's why Esteem exists.- Esteam Young Adult 12
Esteem does feel like a family environment. It feels almost like a home. It s a place where young people can learn and grow. Esteem Young Adult 13
What we have learnt over the last year The participatory action research cycle of plonning, action, reflection ond evaluation is core to how Esteem operates, and our co- production and co-delivery work. Below are some of our kay reflections from the last year, laid out according to the strategic aims of our co-designed strategy which completed in 2024. Aim I: Involveyoung adults as partners in everything we do young adults, support needs, and even reviewed how Esteem delivers these Meaningfully involving young adults in strategy development requires resource participation projects themselves. This model of delivering discrete, time-limited Young adults have long been involved in our projects, separate to our everyday work with strategic planning but, without additional resource for this work, their involvement young adults, has allowed new members was not as meaningful as we envisaged. of the staff team to lead participation work, This year we substantially invested in this led to improvements in new areas of the organisation, and provided developmental process, by racruiting an external consultant opportunities to an even wider group of with specific expertise in co-production. The consultant worked with a group of young young adults. adults across several months, supporting them to influence our new strategic plan. Members of the group now have a much deeper understanding of the organisation as well as the strategy development process, and have now begun scrutinising our progress against our strategic aims. One size doesn't fit all in youth participation This year, we've launched an array of new projects, including the Creative Collective, What You Doing Wednesday, and Battles and Biscuits. Each has succeeded because they were developed by young adults in partnership with Esteem. But we've also learned one size doesn't fit all. Not oll involvement ond participotion work need be as'big. as this for young adults to feel in partnership with Esteem. Young adults have taken on practical tasks such as keeping the fridge clean, watering the plants and keeping their building tidy. We've found that facilitating different opportunities allows us to truly value everyone's contributions. Time-limited participation projects work for young adults, and for us This year we delivered a number of time- limited participation projects, and honed how we do these projects along the way. Young adults developed modules in our mentor training,. reviewed how we access and share personal intormation about 14
Aim 2: Create spaces foryoung adults to thrive Young Qdults tell us that one of the most important things Esteem . offers them is time.. Young adults feel passionate about Esteem staying in our home We've been in our building, The Old School House, for over 8 years, and it certainly feels like home to our staff team, and no doubt to the courgettes and tomatoes in our burgeoning vegetable patch. But this year we've learned just how important our building is to young adults who see The Old Young adults, especially our School House as a 'home away from home,. under18 cohort, wanted more Young adults have demonstrated this to us and to the Councillors at Adur and Worthing from us Council through their impassioned, dignified ond structured discussions around Young adults tell us that one of the most the sole of the building. We are delighted important things Esteem offers them is that the Council are working with us to find time. So this year, we increased the number a solution. of open-access, social sessions we offer, launched new vocational workshops in partnership with local businesses, and expanded our Holiday Activity & Food activities in school holidays. These new activities, and investment in our delivery team, have seen individual young adults accessing Esteem more often, and has driven a 39/0 increase in under-18s accessing Esteem. Equality, diversity and inclusion is a journey This year we saw a continued increase in young adults who identity as SEND or neurodiverse. Young adults helped us identify further adaptations we could make to the physical space, and how we can better communicate information. We also bolstered our team with training in autism awareness, and supported staff with qualitications in understanding SEND. However, although we secured anti-racist training for the staff team, we were not able to commence the longer term EDI project that we identified as an organisational need. We recognise this is a substantial piece of work and we are commencing this with expert external support next year. 15
Aim 3: Promote individual development and growth Our delivery team needed tweaking to improve our one-to-one support for young adults We can't do it on our own, and we don't! We've long championed community solidarity os central to our collective success, and we're lucky to have some This year we took a step back to ask incredible organisations in our locality oursalves if we had landed on the most with whom to do that. This year, though, effective team structure, taking into account we've really come to understand feedback from staff and young adults. As just how important these links are to a result, we made several changes to our outcomes for individual young adults counselling team, bringing in a dedicated at Esteem and beyond. For example, Counselling Manager, and several new we launched dedicated counselling for specialist counsellors. We also split one LGBTQ+ young adults, in partnership full-time role into two substantial part-time with long-term friends, Allsorts. The roles, a stand-alone Mentoring Coordinator sessions hove benefitted young odults and o new youth work role focusing on accessing both organisations, as well as vocational skills, in acknowledgement improving Esteem's ond Allsort's overall that Ihese projects had grown beyond the offer, and we simply couldn't have done acity of one individual. it on our own. 1.1 1111111,IIU 1lllllll 4,
Aim 4: Develop an organisation that works as well as possible We had outgrown our central operations capacity For many years, as a smaller organisation, we coped with minimal central operations support. In time-honoured small charity fashion, everyone chipped in. But this year, as our expenditure has approached £500,000 we learned this had become a limiting factor, as well as an organisational risk. In response, we established a central operations team, with expertise in Human Resources ond Finance and in the process mode us fit for purpose for the years aheod. Our staff team love working at Esteem For the past few years we've asked our staff team to share how they feel about working at Esteem, in an annual staff satisfaction survey. This year the feedback from the team was extremely positive, as well os showing improvement in all areas compared to last year's results. In short, our staff team love working here. This is testament to the work we all do here to prioritise our individual and collective wellbeing. We understand that our collective happiness is vital to every aspect of our organisational function, and allows us to offer the best possible support to young adults. We needed to invest in our fundraising capacity NAuch like our prior approach to central operations support, we existed for many years without a dedicated fundraising function. This year, we decided this was no longer viable and invested in our first fundraising team which now leads on raising income from grant-giving organisations, and building relationships with individuals and companies in our community. Our Chief Off icer remains very much involved but has also had the capocity to lead on planning our capital compaign to raise the funds to secure our building. We understond that our collective happiness is vital to every ospect of our organisational function. 17
Securing our home & looking to the future Looking forward to the future, we have already implemented measures to prepare us for the next few years. theory of change, and clear strategic aims and goals for the next few years. Our strategy is already being implemented by our teom, with 6 month 'review' points boked in. Launching our 24-28 Strategy Road our strata her This year we co-produced our new strategy. Young adults, staff and trustees all contributed to the document which includes our updated mission and vision, Saving our youth centre In Spring 2023, we learnt of the council's plans to sell'The Old School House., our youth centre, and the last open-access permanent youth space in West Sussex. Young adults, staff and our wider community immediately came together to plan how to save our building. Over the next year, we will be launching our campaign to purchase th8 building, with a crowdfunder, planned to launch in Spring 2025. If you think you can support our campaign, please get in touch with our Chief Off icer Cat Vizor on Cat.Vizor esteem.or
How we are funded We are hugely grateful to our local community and funders for all your support, we couldn't achieve this without you. Our donors this year have included: JI( IIOIJ i Fl COMMUNITY FUND Fonthill JriuAI I UNIVERSITY OF SUSSEX the POSTCODE Tudortrust PEOPLE'S Focus Foundation POSTCODE COMMUNITY TRUST LOTTERYII phf Paul HamLyn LLOYDS BANK Foundation FOUNDATION England & Wales Ernest Kleinwori Blagrave investing in young peoplo Fareshare oiisorts Suw & Surrey project west sussex county council The Edward Gostling Foundation Sussex Garfield Weston COMMUNITY FOUNDATION FOUNDATION Join our amazing community and support esteem today. You can help sustain and grow our impact. Donate online using the QR code, or email fundraising@esteem.org.uk for more information. 19
FINANCIAL REVIEW Flnanclal posltlon For the year ended 31 hAarch 2024 ESTEEM achieved a total income of £617,409, including an incredibly generous £120,000 legacy endowment from The Edward Gostling Foundation. This endowment is subject to the restrictions that this is secured in an Endowment Fund for five years and that it is not available to meet current operating expenditures but can be used to invest and generate income to further our charitable purposes. This generous endowment has provided Esteem with greater certainty and flexibility with regards to our income. After expenditures of £496,091, ESTEEM generated a net surplus of £121,318 for the year largely due to the endowment received. Total funds on 31st March 2024 were £292,747 (2023 £171,429), comprising £169,554 in unrestricted funds, £3,193 restricted funds and £120,000 endowment funds. ESTEEM'S principal funding comes from the National Lottary and charitable trusts and foundations. Fundraising events and voluntary donations make up the majority of the remaining income. Reserves policy ESTEEM maintains financial reserves to ensure the continuity of the quality and level of service provided to young adults. These resources enable the charity to respond to volatility in income and to cover unforeseen events or to explore opportunities. Over the coming five years, the trustees aim to build reserves sufficient to cover six months of operational costs, with the medium-term goal of maintaining reserves equivalent to three months of costs. As of March 31, 2024, ESTEEM'S free reserves were £134,554, equivolent to 3.4 months of operational costs. The trustees believe this level of reserves is sufficient considering secured funding, future fundraising plans and planned expenditures over the coming year. 20
REGISTERED CHARITY YUMBER: 1187128 UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR ESTEEM Peter Jarnian LLP trading as P¢t¢r Jarman & Company l Harbour House Harbour Way Shorcham by Sca West Sussex BN43 5HZ 21
ESTEEM STRUCTURE. GOVERNANCE AND LU¥AGEM The thtity is controlled by its goveming documenL The nature of tbe goverDiDg th)cument 15 a Coll5titillion. The charity 18 r¢w8ter¢d 98 a ¢haritabl¢ in¢orporats] wisation with th¢ ChaTity Commission. REFERENCE AND ADMINISTRaTIVE DETAILS Re8isler¢d Chtirity numb I 187128 PrIlldp Jddres& FAtee The Old School House BN43 6PA West Sus8ex Trn8te¢i Mr P Hudqon Mr N Lecky Ms S OThwd Ms R Batr¢n Ms P Parker 22
ESTEEM REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Peter Jannan FCCA Peier JarnL2n LLP Pctcr Jarman & Company l Harbour House Harbour Way Shoreham by Sea Webi Sussex BN43 5HZ Approved by order of the board of trustees on and sigujed on its behalf by.. Trustee /Y/ A¢¥CkY 23
INDEPENDEf4T EK4MINER'S REPORT TO THE TRUSTE SIELM SOF I report on the accounts of the CIO for the yvdr ended 31 March 2024, which are set out on pages 24 to 35. Respective responsibi1Sties of the CIO and the ex2mither As trustees of the CIO yoll are responsible for the prepardtion of the accounts; you consider that thr audit rrquirement of th¢ SORP (FRS 102) and Section 14412) of the Charities Act 2011 {'the 2011 Aci'} does noi apply. It is my responsibility to.. - Examine the accounts under the charities SORP (FRS 102) and section 145 of the 2011 Act,. To follow the procedure5 laid down in the generdl directions of the Charity Commission under 5eclion 145(3)Ib) of the 201 l Acl,. and - To stale whether particular matters have come to my attention. Basls of thls report My examination was carried out in accordance with the General Directions given by the CERrity Comrni$5ion and lo be found in ihe SORP (FRS 102), CCI 7 edition. That examiDaliun inLlud¢s a review of the aCCon11n8 records kept by the and a compalison of the accounis with thos¢ records. It also includes Lonsidering anv unusual items or disclosures in the accounts and seeking explanations from you as irustee5 conLetnin¥ Y 5uLh maliers. Th¢ piuLe<Suteb undertaken d¢) not pr(Ivide all the evidenLe thal would be iequired in dudit. and LL)Dse4Uelltly upinivn is given lo ivhether the &Lcoun(s present a .tTh and fair view" 0j the Teport is limited to ihose matters set out in the Sthiennt below. Indendent ex?miner's Statement In ¢onneclion with rny examinalion. no maller has COTne tts my allention.. which 8ives rne reasonable ¢ause to believe that in any material respect the requirements - to keep accounting records ID accordance with section 130 of the 2011 Aci,. and to prepare accounts wliich accord with the accounting recoids and con)ply with the requiremenls olthe Aci and the Regulations have nol been met,. or 2. to which. in my OPilliOÈL attention should be dravm in ord¢r to enable a PToper uÈJderstanding ofthe a¢counts lo be reached. Peter Jamian FCCA Peter Jarnmn LLP trading as Peter Jam]an & Con)p8ny l Harbour House Harbour Way Shoreham by Sea West Sussex BN43 5HZ Date.. 24
REGISTERED CHARITY NUMBEIP. 1187128 UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR ESTEEM ESTEEM sTATEIELT OF FIIYAI¥CIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 21124 TotAI funds 2023 Total nds Unr¢strict¢d fund5 Rc5tri¢t¢d nd Endowm¢nt fund Notcs IINCOME.4ND ENDOW'MENTS FROM Dotthtions and lebFk)Cje5 97,132 389,325 486,457 409,568 Other trading activities Endowment Other inconie 405 405 120,000 10,547 1.078 120,IHIO 10.547 5.000 Total 97.537 399,872 120,000 617,409 415.646 EXPENDITURE ON Charitable actiiities General 2,194 492,968 495,162 356,333 Other 67 929 603 Total 2,261 493,830 496,091 356,936 NF.T INCOMEIIEXPEF4DITURE) Transfers between funds 95,276 43 (93,958) (43) 120,OIMI 121,318 58.710 12 Net movement in funds 95J19 (94,IKII) 120,000 121,318 58,710 RECONCILIATION OF FUNDS Tothl funds brought fotward 74,235 97,194 171,429 112,719 TOTAL FUNDS CARRIED FORWARD 169,554 3,193 120,0011 292,747 171,429 The i)ottS tomi part of these financial statements 25
ESTEEM
BALANCE SHEET 31 MARCH 2024
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 9 - CURRENT ASSETS Debtors 10 - Cash at bank and in hand 224,325 224,325 CREDITORS Amounts falling due within one year 11 (54,771) NET CURRENT ASSETS 169,554 TOTAL ASSETS LESS CURRENT LIABILITIES 169,554 NET ASSETS 169,554 FUNDS 12 Unrestricted funds: Unrestricted funds Restricted funds: Restricted funds Endowment funds: Endowment TOTAL FUNDS |
Restricted Endowment fund fund £ £ 541 - 3,124 - 83,583 120,000 86,707 120,000 (84,055) - 2,652 120,000 3,193 120,000 3,193 120,000 |
2024 Total funds £ 541 3,124 427,908 431,032 (138,826) 292,206 292,747 292,747 169,554 3,193 120,000 292,747 |
2023 Total funds £ 791 6,483 265,737 272,220 (101,582) 170,638 171,429 171,429 74,235 97,194 - 171,429 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. Trustee
The notes form part of these financial statements
2�
ESTEEM CASH b"I,ONI' STAT:l.NT FOR THE YE.4R E.NDED 31 (ARCH 2024 2024 2023 Notes Cash fltsTrvs from operating #etivities Cash genergted from operations 42,429 104,788 Net cash provided by operating activities 42.429 104,788 Cash flows from invcstlng actlvitlcs Purchase of tangible fixed assets (258) N¢t cash (US in)Iprovided by investing activiti¢s (258) Cash flows from financing activities Income attributable to endowment 120,000 Net cash provided by filncIng activities 120,000 Change ITh cash aThd cash eqllivalents in the reporting period Cash and eash equii'alent5 at tlle beginning of the reporting period 162,171 104,788 265.737 160.949 Cash and cash cquivalents at the end of the repurting period 427,908 265,737 The notes forrn part of these financial statements 27
ESTEEM NOTES TO THE CASH FLOW, STATEIWIENT -OR .1 HL YLAR LNI)b:l) 31 NIARC'.H 2V24 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTtVITIES 2024 2023 Yet income for the reporting period (as per the Statement of Financial Activities) Ad.justments for: D¢prcciation charg¢s Income atiriburable to endowTrent D¢¢aS¢111n¢rcasQI in dcbtors Jncrease in creditors 121Jl8 58,710 507 (120,000) 3J60 37,244 458 12,6001 48,220 Net eash provlded by operatlons 42,429 104,788 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.23 Cash flow At 31.3.24 Net cash Cabh at bank and in hand 265,737 162.171 427,9118 265,737 162,171 427,908 Total 265,737 162.171 427.9118 The notes fomi part of these financial statements 28
TEEM )OTES TO THE FINANCIAL ST.4TEMENTS UR'I'HL YLAR I)D:I) 31 I.IARC'.H 2V24 ACCOUNTING POLICIES Basi5 of preparing the fiThancial 5tAtements Th¢ financial stat¢mcnts of th¢ Charity, which is a public b¢ncfit cntity undcr FRS 102, hav¢ bc¢n prcparcd in accordance with the Charities SORP (FRS 1021 'Accounting and Reporting by Charities." Stalement of RecoTninended Piactice applicable to chritieS preparing their accounts in accordance with the Finaiicial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in ihe UK and Republic of Irelat]d' and the Charities Act 2011. The financial stateinent5 have been prepared llnder the historical cost convcntion. 1come All income is recognised in the Staiement of Financial Activities once ihe charity has entitlemeni to the funds. li is probable that the income will be ieceived and the amount can be measured ieliably. Expenditure Lidbilities are recobFiiised a5 expenditure d5 soon as theie is a lebFal or consttuctive obligdtioii committiiig the charity to that ¢xp¢ndittiT¢, It is probablc that a transfcr of cconomic bcncfits will bc rcquircd in scttlcmcnt and the ainount of the obligation can be measured reliably. Expenditure is accounted for on an acCrL1S basis and has been classified uiidei headiiig5 that aggregate all c05t related to the category. Nvhere costs cannot be directly attributcd to particular hcadings thcy havc bc¢n allocat¢d to activiti¢s on a basis consistcnt with thc usc of resources. Tangible fixed assets Depieciation is piovided at the following ani)ual lates in older to Mrrite off each asset over its ugeful life. Plant and machinery - 200/0 on cost Computer equipinent 33 % on c05t Taxation The charity is exempt froin tax on its charitable activitie5. Fund aeeountlng Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trllstees. Restricted funds cai) only be used for particular restricted purposes within the objects of the Lharity. Restrictions arisc wh¢n spccificd by th¢ donor or wh¢n ndS ar¢ raiscd for particular rcstrictd pllrpos¢s. Further explanation of the nature and putpose of euch fund is included in the notes to the findncial Strdteinents. DONATJONS AND LEGACJES 2024 2023 Donations Gift aid Grants Donated services and facilities 41,451 33,562 320 369,061 6,625 443,711 1,295 486,457 409,568 Grants received. included in the above, are as follows.. 2024 2023 Other grants 443,711 369,061 continued... 29
TEEM NOTES TO THE FtNANCJAL STATEMEI NTS- ContiUed FOR'I'HL YLAR LNDLD 31 lARCH 2024 OTHER TRADING ACTIVITIES 2024 2023 Fundiaising events 405 1,078 ENDOWMENT 2024 2023 Endowment 120,000 CHARITABLE ACTIVITIES COSTS Support costs (see note 6) Direct Costs Totals Geneial 475,549 19,613 495,162 SUPPORT COSTS Inforniation technology Finance Totals General 12,960 6,653 19.613 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses Thcrc wcr¢ no trustccs, cxpcnscs paid for thc ycar cnd¢d 31 March 2024 nor for th¢ ycar cndcd 31 March 2023. CONqPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds fund Endowment fund Total funds tNCO]¥IE AP4D EP4DOW'MENTS FROM Donations aiid lesFacies 51,870 357,698 409,568 Other rrading acrivities Otl)er income 1.078 1.078 5,000 5,000 Total 52.948 362,698 415,646 EXPE)DJTURE ON Charitable activlties General 27.972 328,361 356,333 Other 216 387 603 Total 28,188 328,748 356,936 30 continued...
ESTEENI NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 C0fv1PARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted Restiicted Endowinent fiLnds nd fund Total funds NET INCOME Transfers between funds 24,760 (12,757) 33,950 12.757 58,710 Net movement in funds 12,003 46,707 58,710 RECONCILIATION OF FUNDS Total thnds brought forward 50,487 112,719 TOTAL FUNDS CARRIED FORWARD 74,235 97.194 171.429 TANGIBLE FtXED ASSETS Plant and machinery Computer equipment Totals COST At l April 2023 Additions 1.842 324 258 2,166 256 At 31 March 2024 1,842 582 2,424 DEPRECIATION At l April 2023 Charge for year 1,105 368 270 140 1.375 508 At 31 March 2024 ,473 410 1,883 NET BOOK VALUE At 31 March 2024 369 172 541 At 31 March 2023 737 54 791 io. DEBTORS: AMOUNTS FALLtNG DUE wrrHIN ONE YEAR 2024 2023 Trade debtors Accied ]come 400 2,724 6.483 3,124 6,483 continued... 31
ESTEEM NOTES TO THE FINANCIAL STATEMENTS- eontlnued FOR THE YEAR EDED 31 f*lARCH 2024 ii. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Social secuTity and other taxes Deterred income Accrued expeiise5 7J94 6,019 123,770 1,643 3,161 7.010 91,411 138,826 101,582 12. MOVEMENT IN FUNDS Net Inovement Transfers between fimds At 31.3.24 At 1.4.23 Unrestricted funds Unrestricted funds 74,235 95,276 4.1 169.554 R¢stri¢ted funds RestTlCted fut]ds 97,194 (93,958) {43) 3,193 Endowmcnt lunds Endawmcnt 120,000 120.OIKI TOTAL FUNDS 171,429 121J18 292,747 Net movement ii) funds, included in the above ale as follows= Incoming resourLes Resources expended Movement in funds Unrestricted funds Unrtstricted funds 97,537 12,261) 9S,276 Restricted fuDds Restricted funds 399,872 (493.8.10) (93,958) Endowment funds Endoiffiient 120.000 120,OIMI TOTAL FUNDS 617,409 (496,091) 121,318 32 continued...
ESTEEM NOTES TO THE FIiNAiNCIAL STATEMENT8- continued FOR THE YEAR ENDED 31 f¥lARCH 2024 12. MOVEMENT IN FUNDS-<ontinued Comparatii'es for movement in funds Net movement in funds Transfers between funds At 31.3.23 At 1.4.22 Unrestricted funds UnrestriLted funds 62,232 24,760 {12,7571 74,235 Restricted funds Restricted funds 50,487 33,950 12,757 97,194 TOTAL FUNDS 112,719 58,710 171,429 Comparativc nct movcmcnt in fids, includcd in thc abovc arc as follows.. InLomin¥ rcsources Resources cxpcndcd MovtTnent in fund Unre5trieted funds Unrestricted funds 52,948 {28:188) 24,760 Restricted funds Restricred funds 362.698 1328.748) 33.950 TOTAL FUNDS 415,646 1356,9361 58.710 13. RELATED PARTY DISCLOSURES There were no related party transactions flir the year ended 31 MarLh 2024. 33
ESTEEM DETAILED STA TEf¥iENT OF FINANCIAL ACTIvrriES FOR THE YEAR ENDED 31 MARCH 2024 2024 202.3 JNCOME AND ENDOWMENTS Donations legacies Dondtions Giftaid Grat]ts Donat¢d scrviccs and facilitics 41,451 33,562 320 369,061 6,625 443.711 1,295 486,457 409,568 Other trading activities Fundraising events 405 1.078 Lndowment Endon£t 120.000 Other Ineome Employm¢nt allowanc¢ Jnteiest 5,000 5,000 5,000 Total incoming resource5 617,409 415,646 EXPENDITURE Charitable activities Postage and stationery Publiciti, and promotions Volunteer expenses Insurance Travel Staff ivell-being Cleaning Wages Tax & social security Pensions Rectuitment Training Subcontractors Activity resources Offic¢ r¢t]t & upk¢¢p 2,1131 20,843 919 2,279 2,450 J,530 2,197 320,420 28,474 6,716 25 9,093 847 1.878 5,997 1.245 1,991 253,586 22,303 5,179 354 1.573 13,429 11,079 8,283 7,428 22,896 16,464 40,902 475J49 336,862 Other Bank ¢harg¢s Depreciation of tangible fixed assets 422 507 145 458 929 60.3 This page does not forni part of ihe statutory financial statements 34
ESTEEM DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARC.H 2024 2024 2023 Support cost5 FiThance Professional fees 12,960 11,412 Information technology Telephone Office equipment SubsLriptions 3,539 2,668 40 5.351 3,114 6,653 8.059 Total resources expended 496,091 356,936 Net income 121,.118 58,710 This page does not fLlrnI pan of the staiutory financial statements 35
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