Menscraft Report and Flnanclal Statsments For the year ended 31 March 2024 Charitable Incorporated Organisation Registered no.. 1188578
Menscraft For the year ended 31 March 2024 Contents Page Legal and administrative information The Chairfs report Report of the Trustees Report of the Independwrt Examiner Statement of Flnanctal Actlvities Balance Sheet Cash Flow statement 10 Notes foming part of the financial statements
Menscraft For the year ended 31 March 2024 Legal and admlnlstrative information Charitable Incorporated Organlsation (CIO)". Menscraft Registered Charity number: 1188578 Trustees: TIM Amold (appointed 22 November 2023) Susan Kelly Sam Watts Michael James Twlgg (appointed 25 September 2024> Paul Kay {appoinled 22 November 2023) Charles Ison Dr Georgia Phillp Principal officè.. 6 The Cottage, St. Johns Alley Norwich, NR2 1DR Independent Examiner". l A Barlow FCCA Sexty & Co Chartered Certified Accountsnts 124 Thorpe Road Norwich, NR1 1RS Bankers: The Co-operative Bank PIC Skelmersdale Branch PO Box 250 Skelmersdale, WN8 6
Menscraft For tho year •nded 31 March 2024 ChalP¥ mport 2023-24 was another p051tive year for us dt5Plte a challen8ing oper3ting climate. The report illustrates some key miles¥one5. Our capacity has grown further. Our income ha5 grown. We have secured a more permanent base. We have strengthened our governancefurthe¥ wlth specvdlsst support procured for oversl8ht of our ftnance, IT and HR functlOWl5. We have extended and tested the range and variety of our work. We have enga8ed with a 8ter vatY of men and carrfed out re5earth io bler JerStand them. Our profile is higher. These ac£ornplishment5 are directly Ilnked to the collertlve hard work of the MÈnsCraft team. I'd like to personally thank each and every team member, paid or unpald. for thelr energy. commttment and ¢onslstenry across our activities. Whlle the charity faces financial challenges. we remaln confldent that we can source ftsnds beyond current prolectlons to SUStain the majority Of our services and actiVite$. We contsnue to focus on buildin8 meaningful and ethical relèth?nships wr(h our supporters. ad do not use external fundraising agenrie5. Our Yalues-led approath prioritise5 transparencyi respect and collaboration. ensuring donors feel connected to the Impact of thelr contrlbutions. A huge thank you to all otjr supporters. wlthout whom we simply could Mot e¥ist. Thank5 also to my fellow tiustees for their ener8y, enthusia5rn and stewaTd5hip- in p?rticvlaf Dr. Georgia Philip and Sam Watts, who were our prlmary officer5 (Chair and Treasurer) durin8 thi5 period and ensured Menscraffs compliance with its charitable dutie5 and widenin8 the support it can offer. l am pleased to endorse the annual report and these accountsmade up to the 31st Marth 2024. Tim Arnolcl, Chair ol Tru5tee5
Monscraft For the year ended 31 March 2024 Report of the Trustees The Trustees of Menscraft are pleased to present their report together wtth the financial statements of the charity fcf the year ended 31 March 2024. Menscraft was given CIO status on the 18 March 2020 follobving its fomiation as a communty Interest company (CIC) in 2010. Menscraft is a Charitable Incorporated Organisation Reglstration Number 1188578 The Cottage, St. Johns Alley, Norwich, NR2 1 DR F.MensCraft.or .uk ObjectIV and actlvltles As set out in our goveming document our primary objectives are.. To promote social inclusion for the public benefrt by préventing men and boys of all ages wtthin Norfolk and surrounding areas, from becoming soGially excluded, rellewng the needs of those people who are socially excluded and assisting them to integrate Into society In particular but not exdusively by.. a) providing facilities In whith they can meet jointly or individualty to undertake cr8ative, physlcal or recreational activrties, leam or pass on skills and knowwge and support eath other socially; b) providing practical advice and support to those Individuals., c) raising public awareness of the issuès affecting those indiwduals both generalty and in relation to their inclusion., and d) providing advi so that the local communty and businesses can &Japt theirservices to better understsnd and meet the needs of those Indiwduals. By 'socialiy exciuded, we mean being exciuded from society, or parts of society. as a result of one of more of the following fadors.. unemployment- fin8nclal hardship., youth or old age,- ill health (physlcal or mental). We are comrnitted to providing an inclusive environment for all who identify as male, regardless of age. gender identity, race, sexual orientation, disability, ethnicity, socio- economic status and faith. And we expect those that engage wrth us to do the same. The Trustees can confimi that they have had pald due regard to the guldan¢e issued by the Charity Commisslon on public benefft. Menscraft supports boys and men of all ages We offer infomiation, aclivrtie5 and programmes to meet the challenges of the different life stages.
Menscraft For the year ended 31 March 2024 R8POrt of the Trustses - cont'd Our approach is strengths based. We sa8k a positive and deeper undeTstsnding of masculinty and one that promotes equalities. We support young men making the transition to aduthood; men as fathers. those experiencing drfficulties, for example in their rolationships, work or vjith their mental health. We provide on&tMne supp)rt, group work and access to other specialist sermces. Our range of activities giveboys and men purpose, the opportunity for connection with others, and opportunities for improved wellbeing. Menscraft's stsrting point is that happier and healthier men make for better brothers, partners, fathers, sons, friends and colleagues. We arè ¢ommitted to providing an inclusive envlronmenl for all who identfy as male, regardless of age, gender identity, race, sexual orientation. disability, ethnicty, Srti(F economic status and faith. And we expect those that engage with us to do the same. vlIe some (unhelpful) nornis remain entrenched in how masculinity is expressed, validated and contested. our 5t8rting polnt is that a 'mature or integrated, m8sculinty goes beyond the 'myth of the Hero,. Trèasuref s report The year to 3113124 was another year of growth for Menscraft. Our income grew to £664,200, up over a third on the prewous y8ar, which has allowed us to increase the range and reach of our services across the county. Accordingly. our expenditure also saw a similar increase, up around a third to £556,782. Therefore, our total assets increased to £418,187 up from £310,749 at the yeawd in 2023. This has allowed us to build reserves designated towards the continuation of our charttable objectives and provide a secure foundation fer our future. anticipate the need to draw on these reseNes during 24125 on onwards, given the pressures on employment costs. competitiveness when ruitIng and the growing demand for our seNices. Such rapid growth has meant that we have had to look hard at all our processes and capabilities to ensure that they remain effective, and, in this peric¥J, it was dear that major changes were needed in the way that that we handle our accounting and financial reporting. Two main changes were made. we acquired and implemented a new accountancy sothvare {Xero) and appointed an outsourced finance manager and team. These changes required a considerable Investment of time and effort, and l am very grateful to everyone involved for their input over the year. We have also reviewed what W8 5P8nd on our core costs (insuran, IT, HR and Finance etc.) in line with our expanding needs. The adjustments have proved cost effective.
Menscraft For the year ended 31 March 2024 Report of the Trustses- cont'd The general fund Is intended to prowde an Intemal source of funds to cover situations where there may be a sudden increase in expenses, one-off unbudgeted expenses, uninsured losses or unanticipated losses in funding (hen to cover a short-tem funding gap whilst alternalive income streams are sought). It is not intended lo replace a pemianent loss in funds or to elirninate an ongoing budget gaps. The general fund reserve is recalculaled each year in line with the annual budget settlng pro$$, and PerfOnnan against target is monitored quarterty as part of the financial repong process to the Resources and FInan Committee arKI the Board. This reserve is intended to cover dosure of the tharity should funding not be available for the charty to carry on as a going concem. It is intended to cover statutory redundancy costs, lease reparation costs, lennination fees on the earfy curtailment of contracts and the propety lease. The current target level is set at 4 months and is reallsticalty achieved for this period. In so far as the trustees are awar8." there is no relevant information of whlch the charity's accountant is unaware,. and the trustees have taken all steps that they ought to have taken to make themselves aware of any infomiation relevant lo the independent examination and to establish Ihat the independent examiner is aware of that infomation. We are grateful to Sexty arKI Co who have provlded us with the scrutiny of our finances. They have indicated their willingness to continue in office. The designated trustees will propose a rnolion appointing Sexty and Co as thé independent examiner at a meeting of the Irustees. Trustees. responslbililies statement The trustees are responsible for preparing the Trustees, Annual Report and the finanal statements in accordance vAth applicable law and United Kingdom Accounting Standards (United Kingdom Generalty Accepted Accounting Practio). The law appii¢able to charities in England & Wales requires the trust8es lo prepare financlal statements for each financial year which give a true and fair view of the state of affairs of the harity and of th8 incoming r&wurces and appllcation of resources of the charity for that perfod. In preparing these finanaal statements, the trustees are required to: select suitable a¢¢ounting polictes and then appty them consistentty,. observe tho methods and princAples in the Charttses SORP 2019 (FRS 102)., make judgèments and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed., prepare the financial statements on the going concem basis unless it is inappmpriste to presumethat the charity wll continue in operation. The trustees are responsible for keeping proper accounting records that dlsclose with reasonable aVraCY at any tlme the financial p051tion of the charity arKI enable them to ensure that the finanoal statements comply wth the Charitl8s Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the prowsions of th8 trust deed. They are also responsible for safeguarding the assets of the charity and hence for taklng reasonable steps for prevention and detection of fraLhJ other irregularities.
Men8craft For the ygar ended 31 March 2024 Report of the Tru8tees- convd Th• Trustees are pleased to presèrrt thelr Report and the ffnancial statements ofthe Charty for the pertod l April 2023 to 31 March 2024. Th[$ rep)rt and the financial statements wore approved by th• Truste8s on 23 Januwy 2025 and wer signèd ¢)n their bshom by.. Paul Kay, Tesurer
Manscraft For the year ended 31 March 2024 Independent Examinorfs Report to the Trustees I report to the Charty Trustees on my examination of the accounts of the Charlty for the year ended 31 March 2024 which are set out on pages 8 to 18. Rosponsibilltles and bas18 of report As the charity's trustees you are responsible for the preparation of the accounts in accdanCe with the roquiremenls of the Charlti8s Act 2011 ('the Acr). I report in respect of my examination of the charty'5 accounts carrted out uTrder section 145 of the Act and in carying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examlnerfs statement sin the company'5 gross inGome exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that l am qualified to undertake the examination because l am a member of the Associ*ion Chartered Certified Accountants, which is one of the listed bodles. I have complew my examinalion. l ¢onfimi that no matters have come to rny attentlon in connection viith the examlnalion giving me cause to belIe that in any materlal respect." 1. accounting records We not kept in respect of the chartty as required by section 130 of the Act.. or 2. the accounts do not acrd with those r8cords,' or 3. the accounts do not compty with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and R8ports) Regulatsons 2008 other than any requirement that the acUnts give a 'true and fair vlew which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connetxlon with the examination to whlch attention should be drawn in this report in order to enable a propor understanding of the a¢counts to be reached. l A Barlow FCCA Sexty & Co Chartered Certified Accountants and Registered Auditors 124 Thorpe Road Norwich NR1 1RS zsl:.12
Menscraft For the year ended 31 March 2024 Statement of Flnanclal Actlvltles Unr8Strfcted Rastrlcted Funds Funds Total 2023124 Total 2022123 Notes Income and endowments from: Donations and legaa8S Ch8rttable acttvity (ler income 28,115 349,429 {2791 258,693 22,020 6,222 286,808 371.449 5,943 218,792 253,988 11,361 Total incomo and ondowments 664 200 484,141 Expendlture on: Charitable activities 363,175 193,607 556,782 418,168 363 175 193 607 418 168 Net incomel{expenditure) 14,090 93,329 107,418 65,973 Transfers between funds 49,010 (49,010) Net movement In funds 63,100 44,318 107,418 65,973 Reconclllatlon of funds.. Fund balances brought forward 42,474 268,275 310,749 244,776 Fund balances carried forward 11 105,574 312,593 418,167 310,749 The notes $8t out on pages 11 to 18 fom an integral part of these financial statements.
Men3craft For th• year •nd9d 31 March 2024 Balance She•t CIO loglstgred numbor: 1188578 2024 2023 FIXED ASSETS Tangible a88ets 19,068 8,563 CURRENT ASSErs Cash at bank and in hAnd Debtors Mlhin one year 275.805 303.5S1 22.780 418,853 326,341 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 24.155 NET CURREMf ASSETS 399,099 302.188 NET ASSETS 418.1e7 310 749 REPRESENTED BY: Reslricled lurMIs Unrestricted funds 312.593 105,574 268,275 42.474 TOTAL FUNDS 418.167 310 749 2LI,IL Th6 finoncial gtatements on pages 8 to 18 were 8pproved bythe Tw5tees on ..... . and signed c*) their behalf by.. . Tim Amoky. Chalr . Paul Kay, Treasurer
Menscraft Statement of Cash Flows For the year ended 31 March 2024 2024 2023 Net income 107,418 65,973 Adjustments.. Depreciation l Amortisation {Increase)ID8crease in debtors {Decrease)Ilncrease In crbjltors 2.933 {120,269) 4,401 1,619 {20.274) 11,324 N8t provlded by operdtlng advltle5 (14,318) 58,642 Cash flows from Investlng actlvltles: Purchase of fixed assets 13,438 6,628 Net cash used In Investlng actfvlUe8 (13,438) {6,828) Change in cash and cash equrvalents In the reportlng p70d (27.756) 52,014 Cash and cash equivalents at the beginning of the period 303,561 Cash and equlvalents at the ond of the perlod 303 561 Cash and cash equivalents Gonsists of: Cash at bank and in hand 275 805 10
Menscraft For the year ended 31 March 2024 Notes fomilng part of the financial statements Accountlng policies (al Basis of preparatlon The Charity constitutes a public benefit entity as defined by FRS 102. These a¢Unts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these aGcounts. The financial statements have been prepared in accordance with Accounting and Reportlng by Chartties.. Statemenl of Recommended practi {SORP) applicable to charities preparing their accounts in accordance bmth the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the FinanGial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charitles Act 2011 and UK Generally Accepted Accounting Practice. The finanaal statements are presented in pounds sterling and are roundwj to the near8St pound. (b) Fund accountlng General funds are unrestricted funds whlth are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and whlch have not been designated for other purp06es. Designated funds comprise unrestri¢*l funds that have been set aside by tha Trustees for particular purposes. Rèstricted funds are funds which are to be used in accordan with specific restrictions imposed by donors or which have been raised by the Charty for particular purposes. The cost of raising and administering such funds are charged against the speu'fic fund. (c) Incoming resources All incoming resources are included in the statement of finanaal aciivities on an accruals basi5. They are classified on an actiNllty basis. (d) Re80urces expended All expenditure is accounted for on an accrua15 basis and has been dassified under headings that aggregate all costs related to the category. ere costs cannot be directly attributed lo particular headlngs. they have been allocated to adlvrties on a basis consistent with us8 of the resources. (e) Flxed assets Fixed assets are stated at cost16ss accumulated depreciation. Depreciation is provided to writ8 off the c05t, less estimated residual value, of fixed assets over their estimated useful Ilves. The rates used for this purpose are: Computer equipment Leasehold Office equipment Plant and machinery - 21Y/o straigm line 20% straight Ilne 20 /0 Straight line 20Yo straight line
Menscraft For the year ended 31 March 2024 Notes fomilng part of the financlal statements (Q Going concern The financial statements have been prepared on a going concem basis as the Trustee$ believe that no malerial uncertaintles eSt. The Truslees have consrdered the lèvel of funds held and the expected level of income and expenditure for 12 months from authori8ing these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the Charty to be able to continue as a going concern. Donatlons. legacles and slmllar income 2024 2023 Corporate doners Individual doners Grant inGome 3,166 10.705 272 937 1,952 1,817 215023 286 808 218,792 InGorne from charitable actlvlty 2024 2023 Projects, advlcè & suppcrt services 371,449 253,988 253 988 other incorne 2024 2023 Space rental Utilities recharge Other income (2,465) 9,145 1,796 420 12
Menscraft For the year ended 31 March 2024 Notes forniing part of the financial statements Expendlturn on charftable activltles Unrestrlcted Restrlcted 2024 2023 Advertising Bad debts Donations Computer & telephone Travel & subsisten Insuran Staff costs (gross. Nl & pension) Freelance costs Utilities Office costs Room hire Subscriptions Sundry Market research Training Professional fees Independent Examiners fee Interest paid Premises costs Project materials Recruitment Rapairs & maintenance Daprectation 2.682 237 5,225 237 7,511 (349} 15,080 9,443 11,371 11,041 8,552 1,564 108,739 342,269 282.033 38,308 59,478 29,148 5.702 4.239 5,208 6,121 34,692 17,351 1,708 2,226 14.769 5,804 6,552 233,529 21,170 5,702 4,048 10,120 1,473 2,207 311 5.567 1,160 24,572 235 19 69 7,134 16,808 1,800 360 9,450 5,259 5,069 5,685 1.042 62 8,176 16.870 1.800 360 9,450 8,639 12.697 5,725 3,027 10.934 1,800 18,392 8,755 5,086 3,380 7,628 40 363.175 193 607 558,782 418 168 Trustees expenses No such expenses were incurred during the period. 13
Menscraft For the year ended 31 March 2024 Notss formlng part of the financial ststements Flxed assets Computer Leasehold Equlpment Officg Plant & Equipment Machinery Totsl Cost AI 1 April 2023 Addrf(ions 12,242 12,242 6,325 503 At 31 March 2024 15,C*J8 503 25,680 Depreclatlon At 1 Aprll 2023 Charge for year 3,679 3,679 70 101 At 31 March 2024 6,387 70 101 Net book value At 31 March 2024 449 Dobtors and prepayments 2024 2023 Debtors Prepayments 140,122 2,927 19,853 2,927 143,049 Creditors and accruals 2024 2023 Trade creditors Pension crèditor Accruals Soaal securlty & other taxes 9,374 2.745 1.427 3,759 13,119 19,755 14
Menscraft For the year ended 31 March 2024 Notes fomilng part of th• flnanelal ¥tatsm•nts 10 Funds reconclllatlon Opening funds Closlng funds Income Expendllur8 Transfer5 Unrestrlcted Genaral Designated 42.474 18,030 359,235 (134.119) 229,056 49,010 (24.605) 130,179 Total unrestricted 42,474 377 265 363 175 49,010 105 574 Restrlcted funds Pitt Stop 75,009 143.500 Woodland Project 1,397 804 NCC PositNe Acltvities 68,595 Mens Centre Development (16,249) Individual Donation 13,000 Youth Prograrnme 2,034 Men's Project 32,424 Know Your 15,180 Neighbourhood Young Men's Mentoring Dads Onside Norfolk Communty Foundation Time to Heal Waypoint {109,1591 (19,480) (6,607) 89,870 (4,406) 68,595 16,249 (13,000) (2,034) 22,020 (17,636) 36,808 15,180 11,720 48,065 104,905 9,200 (11,720) (34,293) (17,525) 101,152 9,200 7,900 5,000 (14,23n 11,675 (1,337) 1,500 Total restrirted 268.275 286,935 193.607 49,010 312,593 Total funds 310,749 664,200 556,782 418 167 15
Menscraft For the year ended 31 March 2024 Notes fomilng part of the financlal 8tatements 11 Restrfcted funds. purpose The purpose of the restricted funds Is as follows.. FUND PURPOSE pfft stop Pitt Stop is a dry b8r drop in facility, offering fac&to- face connection around shared passions, interests and aLtivities. It encourages men from dtfferent ba¢kground5 tc come together 3 hours per session for example, for table board games, music, films, comedy & other activities (i.e. model making, herilage walks, art, yoga, whtttling) they have detemiined. The pitt Stop has a peer support component to its, delivery with a number of volunteers fomi the 'Pitt Crew,. They support the set up and setting down of the sessions, rneet and greet and adNdy Cfali1al8 sessions. NCC Posltlve Actlvltles The service supports men at the ge of crisis across Norfolk. We offer. Support men who are thinking about suicide Safety and support plans A tmsling I safe environment to talk • Positive activities to engage with . Signpostlng to support agencies . Support at meetings and appointments Men's Project Coordination of bespoke programmes across the men's proje*as. Know Your Neighbourhood Mens programme for ages 18-25 in Great Yarniouth. Dads On8lde Father support programme. Norfolk Communlty Foundatlon Research on health ne&ls for men In Great Yarnouth. The £49,010 transfer between funds is comprised of £38,505 transferred to contribute towards ntral costs. calculated at 150A of central costs in line wrth funding applications and £10,505 relating to balances transferred from closed funds. 16
Menscraft For the year end8d 31 March 2024 Notes fomilng part of the flnanGlal statements 12 Analysls of net assets between funds Unrestr5cted funds Restrlcted funds At 3110312024 Fixed assets Cuffent assets Current liabilities 19,068 102.243 (15.73T) 19,068 418,854 {19,755) 316,611 (4.018) Total 105 674 312,593 418 167 13 Averag8 number of omployoes during the period The average number of employees during the period was 16 {2023- 12). 14 Penslon Commltments The CIO operates a defined contributions penon scheme. The pension contributlons payable by the CIO for 2024 amotjnted to £5.817 (2023- £4.984). 15 Related party transactlons and donated facllltlos Such costs have not been incurred during the period. 16 Ultlmale controlllng party The CIO is controlled by the Board of Truslees. 17