CHARITY REGISTRATION NUMBER: 1188854
SIGNPOST INCLUSION CIO
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2023
LANGARD LIFFORD HALL LIMITED
Accountants and Registered Auditors Lifford Hall Lifford Lane Kings Norton Birmingham B30 3JN
SIGNPOST INCLUSION CIO
FINANCIAL STATEMENTS
YEAR ENDED 30 APRIL 2023
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Independent examiner's report to the trustees | 5 |
| Statement of financial activities | 6 |
| Statement of financial position | 7 |
| Notes to the financial statements | 8 - 13 |
1
SIGNPOST INCLUSION CIO
TRUSTEES' ANNUAL REPORT
YEAR ENDED 30 APRIL 2023
The trustees present their report and the unaudited financial statements of the charity for the year ended 30 April 2023.
Reference and administrative details
Registered charity name Signpost Inclusion CIO Charity registration number 1188854 Principal office Renewal Family Centre Vulcan Road Solihull B91 2JY The trustees A Ward M McCloskey (Resigned 1 September 2022) V Dawkins Z Robertson (Appointed 1 September 2022) Independent examiner R D Coton Langard Lifford Hall Limited Lifford Hall Lifford Lane Kings Norton Birmingham B30 3JN
Structure, governance and management
Running
Signpost Inclusion is a foundation charity. It is governed by a Board of Trustees which determines its overall direction and funding.
Trustees must:
-
Be committed to their charity's cause and have joined its board because they want to help the charity deliver its purposes most effectively;
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Recognise that meeting their charity's stated needs is an ongoing requirement;
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Understand their roles and legal responsibilities;
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Be committed to good governance and want to contribute to their charity's continued improvement.
2
SIGNPOST INCLUSION CIO
TRUSTEES' ANNUAL REPORT (continued)
YEAR ENDED 30 APRIL 2023
Objectives and activities
Charitable Objectives
To promote social inclusion for the public benefit by preventing young people with additional needs and disabilities from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society.
To advance in life and help young people with additional needs and disabilities through providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as individuals.
Our Vision
Our vision is to help children and young people with additional needs by:
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Creating inclusive activities allowing participation in activities normally out of reach;
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Allowing more social opportunities;
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Working alongside current organisations and activity providers to enable them to become more inclusive;
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Linking with organisations and activity providers to deliver inclusive activities at different venues;
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Providing support to the whole family through activities;
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Allowing the opportunities for lasting friendships to be formed;
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Aiding with careers and job opportunities.
Our Mission Statement
Creating positive activities for children with additional needs, inspiring them to achieve their full potential. Working with the local community to become more inclusive, creating a better future.
Our Current Activities
Our current activities include, but are not limited to:
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Swimming lessons
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Family swim lessons
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Outdoor activities such as sailing and tubing
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Youth and social gaming groups
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Seasonal family sessions, such as Santa Experience, Pumpkin Carving, Easter Bunny Hunts...
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After school clubs for singing and dancing
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Footy fun holiday sessions
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Gym Sessions
-
PA support
Benefits
By participating in our activities children and young people:
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Are given more social opportunities;
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Are able to gain confidence in social situations;
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Are given opportunities to access activities that would normally be a struggle;
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Given a sense of pride and belonging, in turn gaining higher self esteem;
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Are helped in learning much needed life skills.
Parents and siblings can join in some activities, improving family dynamics.
Parents are given the opportunity to socialise with other parents allowing parent-to-parent support and friendship groups to form.
3
SIGNPOST INCLUSION CIO
TRUSTEES' ANNUAL REPORT (continued)
YEAR ENDED 30 APRIL 2023
Achievements and performance
April 2022
Mostly all our sessions were now up and running as they were prior to the pandemic.
Our 18+ group started to develop and were offered more social opportunities. This involved train journeys and venues in Birmingham. Due to this being a new experience for most young people and the venues being in a busy city we ensured it was a group of 6 young people with 2 staff.
Our residential weekend finally went ahead in April 2022. Even though it was a small group it was a great experience for them all and they thrived in the environment, taking huge steps in confidence and teamwork.
From May 22
We tried HAF this year, a great government initiative (Holiday activities and Food programme), for these sessions we had a lot of new and much higher needs coming in, not fitting with our usual cohort. This made it difficult to staff the groups at the ratio it needed resulting in smaller groups, which meant for us it did not work. However, all sessions went well, and we had good outcomes but on reflection we decided not to apply for HAF in the future.
During May the activity venue we used regularly reopened. This meant we could start planning holiday sessions and other activities there again.
The summer holidays were also a busy time as families were keen to get out again. We delivered a busy summer programme with lots of new sessions.
We introduced them to Earlswood craft centre and linked with various venues and shops there to offer days they could book on. Visiting animals, ceramic painting, pottery, crafting and arranged for our families to go to the café for a meal if they wished, with a discount. These were very popular and well attended so we continued offering these during the autumn and winter of 2022 and Easter of 2023.
We linked with another new venue which allowed us to spend time at a miniature railway. This was popular due to many young people having an interest in trains. It was in Sutton Coldfield, but families were happy to travel. We had so many requests to book on, that we had to run two exclusive sessions. Due to this success, it will become an annual event.
Our swimming club began offering Rookie training in September 22. This was implemented due to our higher-level swimmers needing to progress. Our lead instructor trained to deliver this course and this led to sharing our work with RNRL during drowning prevention week. Articles were then shared on social media.
September 22 also saw us start a regular exclusive soft play session at Planet Ice. This was due to families requesting more opportunities for soft play sessions. However due to it being exclusive we could only access it late on a Sunday evening which affected the numbers that were able to attend. We did however continue for several months, but due to us self-funding this we had to stop offering the session.
After some of our funding came to an end we looked at other funding options, including short breaks funding under Solihull Local Authority. In January 2023 we applied and received the Short Breaks funding which supported our Thursday after school club and some Holiday activities for the whole of 2023.
SIGNPOST INCLUSION CIO TRUSTEES, ANNUAL REPORT (Coth1 YEAR ENDED 30 APRIL 2023 Aehlevements and perfornwiee leonth4e4J All our Youth sessions conlinued to be funded by the National [• Reachins Communities Grant up till February 2023. DuriThs the fundin8 numbers increased ad our 16+ youth was split into two groups to allow a lower staff ratio. Offering smaller groups encourase5 more communication and friendship buildins. When this fundins ended February 2023 we started to self-funded 16+ and 18+ sessions. Finally, in Marth our after-school football retLuned after securing a coach to run them. This now offered an opporthity for a parent child group running beEore our rewlar football 8roup for youThger members. This was a success and well attended. Fundin Fundraisin 2022 was a difficult time for us as January 2022 saw the end of our childr In Need fimdins which supported our Specialist Swinllning Club, followed by the Nationa] Lottery funding a year later in February 2023. Therefore as we approadi our next financial year the majority of ow service is self-fimded and with the short&all eomins from our fuThdTatsins and our reserves we aim to focus more on fundraisins events. The trustees aim to maintain reserves at a level that will support the charities paid workers and to fund the speaal events dutyng the year. The trustees, annual teport was approved on 23 January 2024 and sisned on behalf of the board of trustees by.. Gl(L V Dawkins Tnlstee
SIGNPOST INCLUSION CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SIGNPOST INCLUSION CIO YL4R ENDED 30 APRIL 2023 I report to the trustees on my examination of the final stateMts of sip0st Inclusion CIO Cthe charity,) for the year ended ApEiI X)23. Responsibilities and basAs of telrt As the trnstees of the charity you are re5pofLsible for the prep4rntion ofthe finanaal statements in accordan with the requiremffits of the chItIeS Act 2(ni ('the ACV). I wrt in reSPt of tny exarnÉnation of the charity's financial ststements carried out under sertton 145 of the jni Act and in carrying out my examitwtion I have followed all the applEcknle Directions given by the tharity Commission under 5tIOn 1445)(b) of the ACL Independent examin*s statement I have completed my examination. I confirn that no rnaknial matters have Lytrme to my attention in tonnection with the examsnation giving me Ctt to Wieve that in any material re$t accounting were not kept Én of the charity as required by $ertion IY) of the ACL. or l the financial statements do not accord with those record5; or the financial statements do not comply with the applicable rquirements concprning the form and content of accounts set out in the Charities (ALrounts and Reports) RegulatioM 2008 other than any requirement that the accounts give a 'te and fair, view which is not a mattÈr coAsidered as part of an indePendentexamitiQll. I have no concerns and have come acr no other matteT5 in connection with the examination to which atfention should be draivn in this report in order to ble a Proper undeTStanding of the accounts to reached. R D Coton Independent ExamineT tangard LifEord Hall Limited Lifford Hall Lifford lane Kings Norton Birmingham B30 3JN 23 January 2024
6
SIGNPOST INCLUSION CIO
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 30 APRIL 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 4 | 12,785 | 24,604 | 37,389 | 56,883 |
| Charitable activities | 5 | 120,513 | – | 120,513 | 81,304 |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ||
| Total income | 133,298 | 24,604 | 157,902 | 138,187 | |
| ========================================== | ========================================== | ========================================== | ========================================== | ||
| Expenditure | |||||
| Expenditure on charitable activities | 6,7 | 171,881 | 39,319 | 211,200 | 165,004 |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ||
| Total expenditure | 171,881 | 39,319 | 211,200 | 165,004 | |
| ========================================== | ========================================== | ========================================== | ========================================== | ||
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ||
| Net expenditure and net movement | in | ||||
| funds | (38,583) | (14,715) | (53,298) | (26,817) | |
| ========================================== | ========================================== | ========================================== | ========================================== | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 107,379 | 15,068 | 122,447 | 149,265 | |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ||
| Total funds carried forward | 68,796 | 353 | 69,149 | 122,447 | |
| ========================================== | ========================================== | ========================================== | ========================================== |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 8 to 13 form part of these financial statements.
SIGNPOST INCLUSION CIO STATEMEiwf OF FINANCIAL POSITION 30 APIUL 2023 2022 Note Fixed assets Tangible fixed assets 13 293 Current assttj Cash at bank and inhand 73A78 125,743 Creditors: amounts falling due within one year Net current assets 14 3Y9 69,078 121154 Total assets le88 current liabx]itie8 69,149 121447 Net assets 69,149 121447 Funds of the charity Restricted bmds UrestrICted knds 353 68,796 15,068 107J79 Total ¢haxlty funds 15 69,149 121447 These financial statements were approved by the b0d of tThtee5 and authorised for issue on 23 January 2024 and are signed onbeldf of the Ix)ard by.. V Dawkins TThtee The notes on page$ 8 to 13 forni part of these financial gtaternents.
8
SIGNPOST INCLUSION CIO
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 APRIL 2023
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Renewal Family Centre, Vulcan Road, Solihull, B91 2JY.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
9
SIGNPOST INCLUSION CIO
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 APRIL 2023
3. Accounting policies (continued)
Incoming resources
All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings - 33% straight line - Equipment 33% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
10
SIGNPOST INCLUSION CIO
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 APRIL 2023
4. Donations and legacies
| Donations and legacies | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 11,785 | – | 11,785 |
| Grants | |||
| Grants receivable | 1,000 | 24,604 | 25,604 |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | |
| 12,785 | 24,604 | 37,389 | |
| ========================================== | ========================================== | ========================================== | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 21,454 | – | 21,454 |
| Grants | |||
| Grants receivable | – | 35,429 | 35,429 |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | |
| 21,454 | 35,429 | 56,883 | |
| ========================================== | ========================================== | ========================================== |
5. Charitable activities
P.A. Services
| Unrestricted | Total Funds | Unrestricted | Total Funds |
|---|---|---|---|
| Funds | 2023 | Funds | 2022 |
| £ | £ | £ | £ |
| 120,513 | 120,513 | 81,304 | 81,304 |
| ========================================== | ========================================== | ========================================== | ========================================== |
6. Expenditure on charitable activities by fund type
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Charitable activity | 166,473 | 39,158 | 205,631 |
| Support costs | 5,408 | 161 | 5,569 |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | |
| 171,881 | 39,319 | 211,200 | |
| ========================================== | ========================================== | ========================================== | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Charitable activity | 88,274 | 71,608 | 159,881 |
| Support costs | 821 | 4,302 | 5,123 |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | |
| 89,095 | 75,910 | 165,004 | |
| ========================================== | ========================================== | ========================================== |
11
SIGNPOST INCLUSION CIO
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 APRIL 2023
7. Expenditure on charitable activities by activity type
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total funds | Total fund | |
| directly | costs | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Charitable activity | 205,631 | – | 205,631 | 159,881 |
| Support costs | – | 3,409 | 3,409 | 3,304 |
| Governance costs | – | 2,160 | 2,160 | 1,819 |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | |
| 205,631 | 5,569 | 211,200 | 165,004 | |
| ========================================== | ========================================== | ========================================== | ========================================== |
8. Analysis of support costs
| Analysis of support costs | |||
|---|---|---|---|
| Analysis of | |||
| support | |||
| costs | Total 2023 | Total 2022 | |
| £ | £ | £ | |
| Premises | 1,220 | 1,220 | 1,514 |
| General office | 1,576 | 1,576 | 1,401 |
| Finance costs | 342 | 342 | – |
| DBS Checks | 50 | 50 | 168 |
| Accountancy Fees | 2,160 | 2,160 | 1,819 |
| Depreciation | 221 | 221 | 221 |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | |
| 5,569 | 5,569 | 5,123 | |
| ========================================== | ========================================== | ========================================== |
9. Net expenditure
Net expenditure is stated after charging/(crediting):
| Net expenditure is stated after charging/(crediting): | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Depreciation of tangible fixed assets | 222 | 220 |
| ========================================== | ========================================== | |
| Independent examination fees | ||
| 2023 | 2022 | |
| £ | £ | |
| Fees payable to the independent examiner for: | ||
| Independent examination of the financial statements | 1,140 | 1,140 |
| ========================================== | ========================================== |
10. Independent examination fees
12
SIGNPOST INCLUSION CIO
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 APRIL 2023
11. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Wages and salaries | 144,521 ========================================== |
96,787 ========================================== |
The average head count of employees during the year was 21 (2022: 17).
No employee received employee benefits of more than £60,000 during the year (2022: Nil).
Key Management Personnel
Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £13,437 (2022:£21,602).
12. Trustee remuneration and expenses
During the period remuneration of £13,437 (2022: £21,602) was paid to one of the trustees for their role as activity co-ordinator.
13. Tangible fixed assets
| Tangible fixed assets | |||
|---|---|---|---|
| Fixtures and | |||
| fittings | Equipment | Total | |
| £ | £ | £ | |
| Cost | |||
| At 1 May 2022 and 30 April 2023 | 214 | 449 | 663 |
| ========================================== | ========================================== | ========================================== | |
| Depreciation | |||
| At 1 May 2022 | 71 | 299 | 370 |
| Charge for the year | 72 | 150 | 222 |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | |
| At 30 April 2023 | 143 | 449 | 592 |
| ========================================== | ========================================== | ========================================== | |
| Carrying amount | |||
| At 30 April 2023 | 71 | – | 71 |
| ========================================== | ========================================== | ========================================== | |
| At 30 April 2022 | 143 | 150 | 293 |
| ========================================== | ========================================== | ========================================== | |
| Creditors: amounts falling due within one year | |||
| 2023 | 2022 | ||
| £ | £ | ||
| Trade creditors | – | 1,140 | |
| Accruals and deferred income | 1,140 | 1,140 | |
| Social security and other taxes | 2,821 | 1,309 | |
| Other creditors | 439 | – | |
| ------------------------------------------ | ------------------------------------------ | ||
| 4,400 | 3,589 | ||
| ========================================== | ========================================== |
14. Creditors: amounts falling due within one year
13
SIGNPOST INCLUSION CIO
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 APRIL 2023
15. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | ||||
|---|---|---|---|---|
| At | At | |||
| 1 May 2022 | Income | Expenditure | 30 Apr 2023 | |
| £ | £ | £ | £ | |
| General funds | 107,379 | 133,298 | (171,881) | 68,796 |
| ========================================== | ========================================== | ========================================== | ========================================== | |
| At | At | |||
| 1 May 2021 | Income | Expenditure | 30 Apr 2022 | |
| £ | £ | £ | £ | |
| General funds | 93,716 | 102,758 | (89,095) | 107,379 |
| ========================================== | ========================================== | ========================================== | ========================================== | |
| Restricted funds | ||||
| At | At | |||
| 1 May 2022 | Income | Expenditure | 30 Apr 2023 | |
| £ | £ | £ | £ | |
| Restricted Funds | 15,068 | 24,604 | (39,319) | 353 |
| ========================================== | ========================================== | ========================================== | ========================================== | |
| At | At | |||
| 1 May 2021 | Income | Expenditure | 30 Apr 2022 | |
| £ | £ | £ | £ | |
| Restricted Funds | 55,549 ========================================== |
35,429 ========================================== |
(75,910) ========================================== |
15,068 ========================================== |
16. Analysis of net assets between funds
| Analysis of net assets between funds | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Tangible fixed assets | 71 | – | 71 |
| Current assets | 73,125 | 353 | 73,478 |
| Creditors less than 1 year | (4,400) | – | (4,400) |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | |
| Net assets | 68,796 | 353 | 69,149 |
| ========================================== | ========================================== | ========================================== | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Tangible fixed assets | 293 | – | 293 |
| Current assets | 110,675 | 15,068 | 125,743 |
| Creditors less than 1 year | (3,589) | – | (3,589) |
| ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | |
| Net assets | 107,379 | 15,068 | 122,447 |
| ========================================== | ========================================== | ========================================== |