## **It’s Time**
## **Trustees’ Annual Report**
## **For the year 1st January 2023 to 31[st] December 2023.**
Registered charity number: 1193103
Principal address: It’s Time, 124 City Road, London, EC1V 2NX
## **Objectives and Activities**
Relief of individuals aged 16-30 living in England and Wales who have suffered the death of a parent or parents.
Activities for the public benefit include:
- Facilitation of peer-to-peer support groups.
- The creation of original grief support content, including personal stories, life experience and advice from our trustees and wider community.
- Creating new and sharing existing educational resources.
- Establishing a supportive and empathetic community.
- Advocacy and raising awareness for our cause.
- Signposting to grief support services.
- Wellness sessions.
- Educating organisations and education establishments on the topics of grief and the loss of one or both parents
- Fundraising event and activities.
## **Achievements and Performance**
It’s Time had a successful third year of operations, with a focus on launching new services, expanding our workforce and enhancing our capabilities.
Our team doubled to two full time staff members, as we took on an Operations and Fundraising Manager in May 2023 and a Social Media/Online Community Executive in September 2023. We also welcomed two new board members and a host of volunteers across a variety of roles, including several interns.
The online community forum continued to grow, hitting 100 members by September 2023. We also launched our Tik Tok channel and a blog, both of which have been well received and continue to guide more service users to the charity alongside our existing LinkedIn and Instagram content and support.
In the spring we launched our online peer support service featuring our monthly “Meet n Grief” sessions as well as a series of online wellness events in the autumn, with our first in person event held in September 2023 in Waterstones, London. Feedback from attendees and service users has been amazing and included:
“Thank you so, so, so much. I have been struggling and this has given me the boost I needed”
“I was really nervous before joining but I felt very comfortable and supported in the session, everyone was so nice and friendly”
“Getting to hear the experiences of others going through the same thing who understand and just getting to see that you're not alone felt comforting.
## **Forthcoming plans**
It’s Time will continue our mission to develop innovative resources and techniques with a tailored approach to supporting young people (16-30) who have experienced the loss of a parent or parents. Furthermore, helping their family, friends, educational establishments, and employers to best support their needs.
Plans for 2024 include the launch of a Community Advisory Panel, featuring 16–30-yearolds, from a breadth of backgrounds, with lived experience of parental loss. The purpose of the panel is to feed in new insights and to co-create new services and activities that supports It’s Time to ensure we remain accessible, encourage continuous growth and improvement. Broadening inputs into our services aim to ensure we are meeting the unique demands of our beneficiaries and broader community.
We are also planning to expand the peer support services with more in person events, launching in London and expanding across the UK depending on demand and needs of each community.
Plans are in motion to launch our group therapy service in January 2024, offering free online psychotherapy for members of our community, run by our Clinical Lead, psychotherapist Mandy Gosling. An advertising campaign run in December 2023 identified that demand for this service far exceeded the number of places available.
Feedback has shown that alongside our mental health and peer support young adults who have lost a parent also need practical guidance, so we are developing blogs and information sources such as an accessible guide to “death admin” as well as a series of inspiring lived experience case studies.
Finally, we will be on hand to cheer on our teams of runners in the London Landmarks Half marathon, London Marathon, and Madrid Marathon.
## **Financial Review**
For the period ending 31 December 2023, the charity received total income of £49,228 The total expenditure incurred amounted to £58,351, resulting in a net loss for the period of £9,122.
With the expansion of our workforce to include two full time staff, as well as a push to increase our service output, expenditure increased significantly and as is the primary driver behind the small loss reported for the period. Enhanced fundraising activities are planned for 2024.
The charity’s principal sources of funds were community fundraising, events, individual donations, corporate donations, and small grants.
Donations were predominantly collected via JustGiving, which handled all additional Gift Aid contributions, with some direct donations made to the It’s Time Current Account.
## **Reserve Policy**
It’s Time does not currently hold any dedicated reserves.
However, the first three years of operations have provided an indication of the appropriate level of reserves required to sustain operations and charitable activities moving forward. Reserves may be set accordingly in subsequent financial years, to cover between up to three-months fixed costs, to be agreed at the September 2024 AGM.
## **Fundraising Review**
We are enormously grateful to all of our fundraisers, supporters, and volunteers for the incredible work that they do to enable It’s Time to continue to offer free support, information and a community for 16-30-year-olds who have lost a parent/s.
With the push on launching various platforms and expanding our team and service offering, 2023 saw a reduced number of dedicated fundraising events organised by It’s Time. However, the year featured standout events and achievements from our supporters and Trustees, including five runners who took part in the London Landmarks Half Marathon. Fundraising efforts also included our ‘walk in memory’ event and participants in the London Marathon, triathlons, and other running events.
## **Structure, Governance and Management**
The trustees have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the public benefit guidance published by the Charity Commission.
It’s Time maintains and complies with a thorough safeguarding policy, as well as the fundraising code of practice and relevant standards.
We ensure that all trustees, employees, interns, volunteers, and third-party supplies are aware of and adhere to these policies, to protect vulnerable people, our community, supporters, and the reputation of our charity.
It’s Time operates as a CIO and is controlled by its constitution governing document. The trustees will continue to maintain governance standards in order to improve transparency and accountability.
The trustees who served during the year and/or up to the date of signature of the financial statements were:
David Jacob-Lloyd (Chair) Aaron Feighoney (Treasurer) David Fagan (Fundraising Strategy) Oliver Kriskinans (Marketing, Social Media) Jade Lorimer (Recruitment) Harry Finch (Project Management) Nia Elizabeth Roberts (Digital Lead) Mikhail Sinyakin (Research and Policy) Charlotte Hughes (Digital Marketing)
## **Expert Advisors**
Strategy: Anurag Bhalla Clinical Lead: Mandy Gosling
## **Appointment of trustees**
Every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.
In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
## **Declarations**
**The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position**
**Date**|||
|---|---|---|
||Chair|Treasurer|
||15/10/2024|15/10/2024|
**----- Start of picture text -----**
It's Time CIO Charity No 1193103
Company No CE024605
Annual accounts for the period
Period end
Period start date To
01/01/2023 date 31/12/2023
**----- End of picture text -----**
## **Section A Statement of financial activities (including summary income and expenditure account)**
|Guidance Note
S01
S02
S03
S04
S05
S06
S07
**Expenditure (Notes 6)**
**Expenditure on:**
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on
investments
S16
S17
**Extraordinary items**
S18
S19
S20
Other gains/(losses)
S21
S22
**_Reconciliation of_**
**_funds:_**
S23
S24
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) after tax before**
**investment gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
Charitable activities
Total funds brought forward
Gains and losses on revaluation of fixed assets for the
charity’s own use
Charitable activities - administration
Charitable activities - staff costs
Donations and legacies
**_Total_**
**Recommended categories by activity**
**Income (Note 3)**
**Income and endowments from:**
Investments
Grant Income
**_Net movement in funds_**
**Other recognised** **gains/(losses):**
**Net income/(expenditure) before tax for**
**the reporting period**
Raising funds
Separate material item of income
Other
Other|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03
39,030
-
-
-
-
-
5,099
5,099
-
-
-
-
-
-
-
-
-
-|
**Total funds**
**Prior year**
**funds**
**£**
**£**
F04
F05|
|---|---|---|
|||39,030
71,964
-
-
10,198
-
-
-
-
-
-
-|
||44,129
5,099
-|49,228
71,964|
||1,626
-
-
4,939
-
-
46,687
5,099
-
-
-||
|||1,626
1,172
4,939
4,007
51,786
13,139
-
-|
||53,252
5,099
-|58,351
18,318|
||||
||9,122
-
-
-|9,122
-
53,646|
||-
-
-|-
-|
||9,122
-
-
-|9,122
-
53,646|
||-
-
-|-
-|
||9,122
-
-
-|9,122
-
53,646|
||-
-
-
-
-
-
-
-
-
-
-
-|-
-
-|
|||-
-
-
-|
||9,122
-
-
-|9,122
-
53,646|
||82,258
-
-|82,258
28,612|
||73,136
-
-|73,136
82,258|
Charity No 1193103 Company No CE024605
It's Time CIO
## **Section B Balance sheet**
|**Section B Balance**|**sheet**||||
|---|---|---|---|---|
|Guidance Note
**Fixed assets**
**Intangible assets (Note 15)**
B01
**Tangible assets (Note 14)**
B02
**Heritage assets (Note 16)**
B03
**Investments (Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note 18)**
B06
**Debtors (Note 19)**
B07
**Investments (Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
**Creditors: amounts falling due within**
**one year (Note 20)**
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
**Creditors: amounts falling due after**
**one year (Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds (Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22|**Unrestricted**
**funds**
**£**
F01
-
-
-
-|
**Restricted**
**income**
**funds**
**£**
F02
-
-
-
-|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04
- -
- -
- -
- -|**Total last**
**year**
**£**
F05|
|||||-
-
-
-|
||-|-|- -|-|
||-
5,099
-
72,709|-
-
-
-|- -
- 5,099
- -
- 72,709||
|||||-
-
-
83,499|
||77,808|-|- 77,808|83,499|
|||||1,241|
||4,673|-|- 4,673||
||||||
||73,135|-|- 73,135|82,258|
||||||
||73,135|-|**-**73,135|82,258|
|||||-
-|
||-
-|-
-|- -
- -||
||||||
||73,135|-|- 73,135|82,258|
||-
73,135|-|-
-
- 73,135
-|-
-
82,258|
||73,135|-|- 73,135|82,258|
_**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_
_**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_
_**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_
_**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_
|Signature of director authenticating accounts being sent to
Companies House
Signed by one or two trustees/directors on behalf of all the
trustees/directors|Date of
approval
dd/mm/yyyy
Date
dd/mm/yyyy
**Print name**
Signature
Print Name
Aaron Feighoney
David Jacob-Lloyd
15/10/2024
15/10/2024|
|---|---|
CC17a (Excel)
12/10/2024
2
**Section C Notes to the accounts**
Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._ **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with* the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.*
* -Tick as appropriate
## **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
**----- Start of picture text -----**
An explanation as to those factors that support not applicable
the conclusion that the charity is a going
concern;
Disclosure of any uncertainties that make the not applicable
going concern assumption doubtful;
Where accounts are not prepared on a going not applicable
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.
1.3 Change of accounting policy
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in
note { }.
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of the change in accounting policy; not applicable
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information;
and
(iii) the amount of the adjustment for each line affected
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
periods before those presented, 3.44 FRS102 SORP.
1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of any changes;
(ii) the effect of the change on income and expense or
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or
more future periods.
**----- End of picture text -----**
|Yes*
No*
No material prior
**1.5 Material pri**
**_Please disclose_**
**_(i) the nature of_**
**_(ii) for each pri_**
**_amount of the c_**
**_affected; and_**
**_(iii) the amount_**
**_earliest prior pe_**|year erro
**or year er**|r have been identified in the reporting period (3.47 FRS102 SORP).
**rors**|
|---|---|---|
||
|
* -Tick as appropriate|
||**_:_**
**_the prior_**
**_or period_**
**_orrection_**
**_of the co_**
**_riod pres_**|**_period error;_**
**_presented in the accounts, the_**
**_for each account line item_**
**_rrection at the beginning of the_**
**_ented in the accounts._**|
CC17a (Excel)
12/10/2024
3
## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
_**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE**
**Please provide a description of the nature of each change in accounting policy**
## _**Reconciliation of funds per previous GAAP to funds determined under FRS 102**_
**Start of End of period period £ £**
**Fund balances as previously stated** _**Adjustments:**_
## **Fund balance as restated**
_**Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_
**End of £ Net income/(expenditure) as previously stated** _**Adjustments:**_
**Previous period net income/(expenditure) as restated**
CC17a (Excel)
12/10/2024
4
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Section C Notes to the accounts (cont)
Note 2 Accounting policies
2.2 INCOME
Recognition of income These are included in the Statement of Financial Activities (SoFA) when: the charity becomes entitled to the resources;it is more likely than not that the trustees will receive the resources;the monetary value can be measured with sufficient reliability. Yes* No* N/a*
Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Yes* No* N/a*
Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). Yes* No* N/a*
In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Yes* No* N/a*
Legacies are included in the SOFA when receipt is probable, that is, when there has
Legacies been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Yes* No* N/a*
Government grants The charity has received government grants in the reporting period Yes* No* N/a*
Gift Aid receivable is included in income when there is a valid declaration from the
Tax reclaims on donations and gifts donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Yes* No* N/a*
Contractual income and performance related grants This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. Yes* No* N/a*
Donated goods Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. Yes* No* N/a*
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on Yes* No* N/a*
receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance Yes* No* N/a*
sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets Yes* No* N/a*
and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. Yes* No* N/a*
Donated services and facilities Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Yes* No* N/a*
Donated services and facilities that are consumed immediately are recognised as Yes* No* N/a*
income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.
Support costs The charity has incurred expenditure on support costs. Yes* No* N/a*
Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. Yes* No* N/a*
Income from interest, This is included in the accounts when receipt is probable and the amount receivable can Yes* No* N/a*
royalties and dividends be measured reliably.
Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations Yes* No* N/a*
subscriptions and Legacies.
Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Yes* No* N/a*
Settlement of insurance claims Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. Yes* No* N/a*
Investment gains and losses This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. Yes* No* N/a*
2.3 EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Yes* No* N/a*
Governance and support costs Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Yes* No* N/a*
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Yes* No* N/a*
Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the Yes* No* N/a*
recipient of the grant has provided the specified service or output.
Grants payable without performance conditions Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. Yes* No* N/a*
Redundancy cost The charity made no redundancy payments during the reporting period. Yes* No* N/a*
Deferred income No material item of deferred income has been included in the accounts. Yes* No* N/a*
Creditors The charity has creditors which are measured at settlement amounts less any trade discounts Yes* No* N/a*
Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Yes* No* N/a*
Basic financial instruments The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Yes* No* N/a*
2.4 ASSETS
Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least
use by charity They are valued at cost. Yes* No* N/a*
The depreciation rates and methods used are disclosed in note 14.
Intangible fixed assets The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody Yes* No* N/a*
or legal rights. The amortisation rates and methods used are disclosed in note 15.
They are valued at cost. Yes* No* N/a*
Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 16. Yes* No* N/a*
Yes* No* N/a*
They are valued at cost.
Fixed asset investments in quoted shares, traded bonds and similar investments are
Investments valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Yes* No* N/a*
Investments held for resale or pending their sale and cash and cash equivalents with a Yes* No* N/a*
maturity date of less than 1 year are treated as current asset investments
Stocks and work in progress Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. Yes* No* N/a*
Goods or services provided as part of a charitable activity are measured at net Yes* No* N/a*
realisable value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Yes* No* N/a*
Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Yes* No* N/a*
Current asset investments The charity has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due. Yes* No* N/a*
Yes* No* N/a*
They are valued at fair value except where they qualify as basic financial instruments.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
**----- End of picture text -----**
CC17 FRS 102 SORP
12/10/2024
5
**Section C Notes to the accounts (cont)**
## **Note 3 Income**
**----- Start of picture text -----**
Restricted
Unrestricted income Endowment
Analysis of income funds funds funds Total funds Prior year
£ £
Donations Donations and gifts 71,964 - - 71,964 29,064
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants provided by government/other
charities - - - - 500
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donated goods, facilities and services - - - - -
Other - - - -
Total 71,964 - - 71,964 29,564
Charitable
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Other trading
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income - - - - -
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total - - - - -
Separate - - - - -
material item - - - - -
of income - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 71,964 - - 71,964 29,564
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Where any endowment fund is converted into income in the
prior period, please give the reason for the conversion.
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
This year: Where sums originally denominated in foreign
currency have been included in income, explain the basis on
which those sums have been translated into sterling (or the
currency in which the accounts are drawn up).
Last year: Where sums originally denominated in foreign
currency have been included in income, explain the basis on
which those sums have been translated into sterling (or the
currency in which the accounts are drawn up).
CC17a (Excel) 6
**----- End of picture text -----**
12/10/2024
**Section C Notes to the accounts (cont)**
## **Note 4 Analysis of receipts of government grants**
|**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any_**
**_unfulfilled conditions and other_**
**_contingencies attaching to grants_**
**_that have been recognised in income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefited._**|**This year**
**£**
-
-
-
-
**Total**
-
**Last year**
**£**
-
-
-
-
**Total**
-
**This year**
**This year**
**Description**
**Last year**
**Last year**
**Description**|
|---|---|
CC17a (Excel)
12/10/2024
7
**Section C Notes to the accounts (cont)**
## **Note 5 Donated goods, facilities and services**
|**Use of property**
**Other**
**Seconded staff**|**This year**
|**This year**
**Last year**
**£**
**£**
-
-
-
-
-
-|
|---|---|---|
|||-
-|
|||**Last year**|
|**Please provide details of the**
**accounting policy for the recognition**
**and valuation of donated goods,**
**facilities and services.**|||
|**Please provide details of any**
**unfulfilled conditions and other**
**contingencies attaching to resources**
**from donated goods and services not**
**recognised in income.**
**Please give details of other forms of**
**other donated goods and services not**
**recognised in the accounts, eg**
**contribution of unpaid volunteers.**|||
CC17a (Excel)
12/10/2024
8
## **Section C Notes to the accounts (cont)**
**Note 6 Expenditure**
**----- Start of picture text -----**
This year Last year
Restricted Restricted
Unrestricted income Endowmen Unrestricted income Endowment
Analysis funds funds t funds Total funds funds funds funds Total funds
Expenditure on raising funds: £ £
Incurred seeking donations - - - - - - - -
Incurred seeking legacies - - - - - - - -
Incurred seeking grants - - - - - - - -
Operating membership schemes and social
lotteries - - - - - - - -
Staging fundraising events 1,626 - - 1,626 1,172 - - 1,172
Fudraising agents - - - - - - - -
Operating charity shops - - - - - - - -
Operating a trading company undertaking
non-charitable trading activity - - - - - - - -
Advertising, marketing, direct mail and
publicity 1,010 - - 1,010 1,948 - - 1,948
Start up costs incurred in generating new
source of future income - - - - - - - -
Database development costs 1,174 - - 1,174 1,063 - - 1,063
Other trading activities - - - - - - - -
Investment management costs: - - - - - - - -
Portfolio management costs - - - - - - - -
Cost of obtaining investment advice
- - - - - - - -
Investment administration costs
- - - - - - - -
Intellectual property licencing costs
- - - - - - - -
Rent collection, property repairs and
maintenance charges - - - - - - - -
- - - - - - - -
Total expenditure on raising funds 3,810 - - 3,810 4,183 - - 4,183
Expenditure on charitable activities:
Consultancy Fees - - - - - - - -
Accountancy 325 - - 325 300 - - 300
Office Costs 1,862 - - 1,862 348 - - 348
Staff Costs 51,774 51,774 12,944
Staff Training 12 12 195
Business
Entertaining & 330 330 181
Insurance
238 - - 238 167 - - 167
Total expenditure on charitable activities Cross
54,541 - - 54,541 14,135 - - add error
Separate material item of expense
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total other expenditure - - - - - - - -
TOTAL EXPENDITURE 58,351 - - 58,351 18,318 - - #VALUE!
**----- End of picture text -----**
## **Other information:**
|**Analysis of expenditure on charitable acti**
**Total**
**Activity or programme**
Activity 1
Activity 2
Other|**vities**
**Activities**
**undertaken**
**directly**
**Grant**
**funding of**
**activities**
**Support**
**Costs**
**Total this**
**year**
**Activities**
**undertaken**
**directly**
**Grant**
**funding of**
**activities**
**Support**
**Costs**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
-
- -
-
-
-
-
-
-
- -
-
-
-
-
-
-
- -
-
-
-
-
-
-
- -
**This year**
**Last year**|
|---|---|
**This year: Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).**
**Last year: Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).**
CC17a (Excel)
12/10/2024
9
## **Section C Notes to the accounts (cont)**
## **Note 7 Extraordinary items**
## _**Please explain the nature of each extraordinary item occurring in the period.**_
|**Extraordinary item 1**
**Extraordinary item 2**
**Extraordinary item 3**
**Extraordinary item 4**
**Total extraordinary items**
**Description**|**Description**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -|
|---|---|---|
||||
||||
||||
||||
||||
||||
||||
|||- -|
CC17a (Excel)
12/10/2024
10
## **Section C Notes to the accounts**
## **Note 8 Funds received as agent**
_**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_
**----- Start of picture text -----**
Amount received Amount paid out Balance held at period end
Description/name of party Related
party (Yes This year Last year This year Last year This year Last year
or No) £ £ £ £ £ £
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Total - - - - - -
8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the
purchase of goods or services, please disclose details of any balances outstanding between any participating members.
Description/name of party
Balance held at period end
This year Last year
£ £
- -
- -
- -
- -
- -
Total - -
**----- End of picture text -----**
CC17a (Excel)
12/10/2024
11
## **Section C Notes to the accounts**
## **Note 9 Support Costs**
## _**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
## **This year**
**----- Start of picture text -----**
Raising funds Activity 1 Activity 2 Activity 3 Grand total Basis of allocation
Support cost
(examples) £ £ £ £ £ (Describe method)
Governance - - - - -
- - - - -
- - - - -
- - - - -
Other - - - - -
- - - - -
Total
**----- End of picture text -----**
## **Last year**
|**Raising funds**
**Activity 1**
**Activity 2**
**Activity 3**
**Grand total**
**£**
**£**
**£**
**£**
**£**
Governance
- - - - -
- - - - -
- - - - -
- - - - -
Other
- - - - -
**Total**
- - - - -
**Support cost**
**(examples)**|**Basis of allocation**
**(Describe method)**|
|---|---|
_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_
CC17a (Excel)
12/10/2024
12
## **Section C Notes to the accounts**
## **Note 10 Details of certain types of expenditure**
**Note 10.1 Fees for examination of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**Tax advisory fees**
**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**
**Independent examiner’s fees**
**Assurance services other than independent examination**|**This year**
**Last year**
**£**
**£**
300 300
- -
- -
- -|
|---|---|
CC17a (Excel)
12/10/2024
13
## **Section C Notes to the accounts (cont)**
**Note 11 Paid employees**
_**Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)**_
## **11.1 Staff Costs**
|**This year:**
**Salaries and wages**
**Social security costs**
**Other employee benefits**
**Total staff costs**
**Pension costs (defined contribution scheme)**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**|**This year**
**Last year**
**£**
**£**
12,166 -
593 -
186
- -|
|---|---|
||12,945 -
|
|||
**Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party Last year:**
**Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party**
_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_
**No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000**
|**Please provide the total amount paid to k**
**11.2 Average head count in the year**
**The parts of the charity in which the**
**employees work**
**£60,000 to £69,999**
**£70,000 to £79,999**
**£80,000 to £89,999**
**£90,000 to £99,999**
**£100,000 to £109,999**
**Band**|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Tota**
**ey management**|**This year**
**Last year**
-
-
-
-
-
-
-
-
-
-
**This year**
**Last year**
**£**
**£**
-
-
**This year**
**Last year**
**Number**
**Number**
2
-
- -
-
-
-
-
**Number of employees**|
|---|---|---|
|||**l**2 -|
**11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_
**Please explain the nature of the payment This year Last year Please state the legal authority or reason This year for making the payment Last year**
**This year Last year £ £ Please state the amount of the payment (or value of any waiver of a** - - **right to an asset)**
**11.4 Redundancy payments** _**Please complete if any redundancy or termination payment is made in the period.**_
|**Please state the accounting policy for any redundancy or**
**termination payments**
**Total amount of payment**
**The nature of the payment (cash, asset**
**etc.)**
**The extent of redundancy funding at the balance sheet date**|**This year**
**Last year**
**£**
**£**
- -
**This year**
**Last year**
**£**
**£**
- -|
|---|---|
CC17a (Excel)
12/10/2024
14
**Section C Notes to the accounts (cont)**
**Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.**
## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_
|**Amount of contributions recognised in the SOFA as an expense**|**This year**
**Last year**
**£**
**£**
186 -|
|---|---|
**Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.**
_**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_
**Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.**
**Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity this year and last year, if different**
## _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_
**Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan. If this is different for last year, provide details**
**Provide an explanation of how any liability arising from an agreement with a multi-employer plan to fund a deficit has been determined. If this is different for last year, provide details**
CC17a (Excel)
12/10/2024
15
## **Section C Notes to the accounts (cont)**
## **Note 13 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **This year:**
|**This year:**|**This year:**|**This year:**|||||
|---|---|---|---|---|---|---|
|**13.1 Analysis of grants paid (included in cost of charitable activities)**|||||||
||**Grants to**|**Grants to**|||||
|**Analysis**|**institutions**|**individuals**|**Support costs**|**Total**|||
||||**£**|**£**|||
|Activity or project 1|-|-|-|||**-**|
|Activity or project 2|-|-|-||-||
|Activity or project 3|-|-|-||-||
|Activity or project 4|-|-|-||-||
|**_Total_**|**-**|**-**|**-**||**-**||
_**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.2 Grants made to institutions**
|**_TOTAL GRANTS PAID_**
**Pur**
**_Total grants to institutions in reporting period_**
**_My charity has made grants to particular institutions that are material in_**
**_the context of its grantmaking. Details of the institution supported,_**
**_purpose of the grant and total paid to each institution is available on the_**
**_charity's web site._**
**Names of institution**
**_Other unanalysed grants_**|**_Yes_**
**_No_**
**pose**|**_Please provide_**
**_details of charity's_**
**_URL._**
**_Provide details_**
**_below_**
**Total amount of**
**grants paid £**
-
-
-
-
-
-
-
-
-
-|
|---|---|---|
|||**-**|
|||-
-|
## **Last year:**
## **13.3 Analysis of grants paid (included in cost of charitable activities)**
**----- Start of picture text -----**
Grants to Grants to
Analysis institutions individuals Support costs Total
£ £
Activity or project 1 - - - -
Activity or project 2 - - - -
Activity or project 3 - - - -
Activity or project 4 - - - -
Total - - - -
**----- End of picture text -----**
_**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.4 Grants made to institutions**
|**13.4 Grants made to institutions**|||
|---|---|---|
|**_TOTAL GRANTS PAID_**
**_My charity has made grants to particular institutions that are material in_**
**_the context of its grantmaking. Details of the institution supported,_**
**_purpose of the grant and total paid to each institution is available on the_**
**_charity's web site._**
**Names of institution**
**Pur**
**_Total grants to institutions in reporting period_**
**_Other unanalysed grants_**|**_Yes_**
**_No_**
**pose**|**_Please provide_**
**_details of charity's_**
**_URL._**
**_Provide details_**
**_below_**
**Total amount of**
**grants paid £**
-
-
-
-
-
-
-
-
-
-|
|||**-**|
|||-
-|
CC17a (Excel)
12/10/2024
16
**----- Start of picture text -----**
Section C Notes to the accounts (cont)
Note 14 Tangible fixed assets
Please complete this note if the charity has any tangible fixed assets
14.1 Cost or valuation
Freehold land & Other land & Plant, machinery and Fixtures, fittings and Total
buildings buildings motor vehicles equipment
£ £ £ £ £
At the beginning of - - - - -
the year
Additions - - - - -
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year - - - - -
14.2 Depreciation and impairments
**Basis SL or RB (Straight SL or RB SL or RB SL or RB SL or RB
Line or Reducing
Balance)
** Rate
At beginning of the - - - - -
year
Disposals - - - - -
Depreciation - - - - -
Impairment - - - - -
Transfers* - - - - -
At end of the year - - - - -
14.3 Net book value
Net book value at the - - - - -
beginning of the year
Net book value at the - - - - -
end of the year
14.4 Impairment
This year: Please provide a description of the events and
circumstances that led to the recognition or reversal of an
impairment loss.
Last year: Please provide a description of the events and
circumstances that led to the recognition or reversal of an
impairment loss.
14.5 Revaluation
If an accounting policy of revaluation is adopted, please provide: This year Last year
the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied and significant assumptions
the carrying amount that would have been recognised - -
had the assets been carried under the cost model.
14.6 Other disclosures
This year Last year
£ £
(i) Please state the amount of borrowing costs, if any, capitalised in the - -
construction of tangible fixed assets and the capitalisation rate used.
(ii) Please provide the amount of contractual commitments for the acquisition - -
of tangible fixed assets.
(iii) Details of the existence and carrying amounts of property, plant and
equipment to which the charity has restricted title or that are pledged as
security for liabilities.
**----- End of picture text -----**
- _The "transfers" row is for movements between fixed asset categories._
- _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also_
CC17a (Excel)
12/10/2024
17
## **Section C Notes to the accounts (cont) Note 15 Intangible assets** _**Please complete this note if the charity has any intangible assets**_ **15.1 Cost or valuation**
**----- Start of picture text -----**
Research & Patents and Other Total
development trademarks
£ £ £ £
At beginning of the - - - -
Additions - - - -
Disposals - - - -
Revaluations - - - -
Transfers * - - - -
At end of the year - - - -
15.2 Amortisation and impairments
**Basis SL or RB SL or RB SL or RB SL or RB Straight Line
("SL") or
Reducing
Balance
("RB")
** Rate
At beginning of the - - - -
Disposals - - - -
Amortisation - - - -
Impairment - - - -
Transfers* - - - -
At end of year - - - -
15.3 Net book value
Net book value at the - - - -
beginning of the year
Net book value at the - - - -
end of the year
**----- End of picture text -----**
## **15.4 Accounting policy**
_**Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates Policies for the recognition of any capital development**_
## **15.5 Impairment This year:**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **Last year:**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **15.6 Revaluation**
## _**If an accounting policy of revaluation is adopted, please provide:**_
**This year Last year** _**the effective date of the revaluation the name of independent valuer, if applicable the methods applied the carrying amount that would have been recognised had the assets been carried under the cost model.**_
## **15.7 Other disclosures**
_**(i) If your intangible asset was acquired by way of grant, provide value on initial recognition and carrying amount of the asset. (ii) Details of the carrying amounts of any intangible assets to which the charity has restricted title or that are pledged as security for liabilities. (iii) Please provide the amount of contractual commitments for the acquisition of intangible assets. (iv) State the amount of research and development expenditure recognised as expenditure in the year. (v) Please detail the headings in the SOFA in which a charge for amortisation of intangible assets is included. (vi) For any material intangible assets, please provide a description, its carrying amount and any remaining amortisation period.**_
- _The "transfers" row is for movements between fixed asset categories._
- _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
CC17a (Excel)
12/10/2024
18
**----- Start of picture text -----**
Section C Notes to the accounts (cont)
Note 16 Heritage assets
Please complete this note if the charity has heritage assets
16.1 General disclosures for all charities holding heritage assets
This year Last year
(i) Explain the nature and scale of
heritage assets held.
(ii) Explain the policy for the
acquisition, preservation,
management and disposal of
heritage assets.
16.2 Cost or valuation
Heritage asset Heritage asset Heritage asset Heritage asset Total
1 2 3 4
£ £ £ £ £
At beginning of the year - - - - -
Additions - - - - -
Disposals - - - - -
Revaluations - - - - -
Transfers * - - - - -
At end of the year - - - - -
16.3 Depreciation and impairments
**Basis Straight Line
("SL") or
Reducing
Balance
** Rate
At beginning of the year - - - - -
Disposals - - - - -
Depreciation - - - - -
Impairment - - - - -
Transfers* - - - - -
At end of year - - - - -
16.4 Net book value
Net book value at the beginning of the - - - - -
year
Net book value at the end of the year - - - - -
**----- End of picture text -----**
|**16.5 Impairment**
**This year**
**Last year**
**16.6 Revaluation**
Carrying amount at the beginning of th
period
Additions
Disposals
Depreciation/impairment
Revaluation
Carrying amount at the end of period
**(i) Explain the reason why heritage**
**assets have not been recognised on**
**the balance sheet.**
**(ii) Describe the significance and**
**nature of heritage assets.**
**(iii) Disclose information that is**
**helpful in assessing the value of**
**heritage assets.**
**(iv) Explain the reason why it is no**
**practicable to obtain a valuation of**
**heritage assets.**
**16.9 Five year summary of heritage**
**16.8 Heritage assets (where heritage**
**_the methods applied and significant_**
**16.7 Analysis of heritage assets by**
**_the name of independent valuer, if ap_**
**_qualifications of independent valuer_**
**_Please provide a description of the e_**
**_that led to the recognition or reversa_**
**_any significant limitations on the valu_**
**_If an accounting policy of revaluation_**
**_the effective date of the revaluation_**
**_Please provide a description of the e_**
**_that led to the recognition or reversa_**|e
**t**
**assets transactions**
**assets are not recoignised**
**This year**
**_assumptions_**
**class or group distinguishin**
**_plicable_**
**_vents and circumstances_**
**_l of an impairment loss._**
**_ation_**
**_is adopted, please provide:_**
**_vents and circumstances_**
**_l of an impairment loss._**|**on the balan**
**g those at co**
**Thi**|**At valuation**
**Group A**
**At cost Group**
**B**
**Total**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**st and those at valuation**
**s year**
**Last year**|
|---|---|---|---|
||||-
-
-|
||||**2012**
**2011**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
**- -**
-
-
-
-
-
-
-
-
**- -**
-
-
-
-
-
-
-
-
**- -**
**ce sheet)**
**Last year**|
||**2015**
**2014**
**£**
**£**|**2013**
**£**||
|**Purchases**
Group A
Group B
Group C
Other
**Donations**
Group A
Group B
Group C
Other
**Total additions**
**Charge for impairment**
Group A
Group B
Group C
Other
**Total charge for impairment**
**Disposals**
Group A - carrying amount
Group B - carrying amount
Group C
Other
**Total disposals**|-
-
-
-
-
-
-
-
-
-
-
-
-
-
**- -**
-
-
-
-
-
-
-
-
**- -**
-
-
-
-
-
-
-
-
**- -**|
-
-
-
-
-
-
**-**
-
-
-
-
**-**
-
-
-
-
**-**||
CC17a (Excel)
12/10/2024
19
**----- Start of picture text -----**
Section C Notes to the accounts (cont)
Note 17 Investment assets
Please complete this note if the charity has any investment assets.
17.1 Fixed assets investments (please provide for each class of investment)
equivalentsCash & cash investmentListed s Investment properties investmentsSocial Other Total
Carrying (fair) value at beginning of - - - - - -
period
Add: additions to investments during - - - - - -
period*
Less: disposals at carrying value - - - - - -
Less: impairments - - - - - -
Add: Reversal of impairments - - - - - -
Add/(deduct): transfer in/(out) in the - - - - - -
period
Add/(deduct): revaluation net gain/(loss) on - - - - - -
Carrying (fair) value at end of year - - - - - -
*Please specify additions resulting from
acquisitions through business combinations, if
any.
Please note that Fair Value in this context is the amount for which an asset could be exchanged between
knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of
the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there
is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.
17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04
differentiating between those held at fair value and those held at cost less impairment.
This year:
Analysis of investments
**----- End of picture text -----**
|**Cash or cash equivalents**
**Investment properties**
**Last year:**
**Analysis of investments**
**Cash or cash equivalents**
**Investment properties**
**17.5 Guarantees**
**For all investments measured at fair value, the**
**basis for determining the value, including any**
**assumptions applied when using a valuation**
**technique.**
**Value of any concessionary loans which have**
**been committed but not taken up at the**
**reporting date**
**Amounts payable within 1 year**
**17.7 Additional information**
**Amounts payable after more than 1 year**
**Amount of concessionary loans received**
**_(Multiple loans received may be disclosed in_**
**_aggregate provided that such aggregation does not_**
**_obsure significant information)._**
**Please explain how the guarantee furthers the**
**aims**
**17.6 Concessionary loans**
**Amount of concessionary loans made (****_Multiple_**
**_loans made may be disclosed in aggregate_**
**_provided that such aggregation does not obsure_**
**_significant information_).**
**17.4 Please provide a breakdown of current**
**Analysis of current asset investments**
**Social investments**
**Grand total (Fair value at year end+Cost less im**
**Other investments**
**Listed investments**
**For all investments measured at fair value, the**
**basis for determining the value, including any**
**assumptions applied when using a valuation**
**technique.**
**Where a charity has provided financial assets**
**as a form of security, the carrying amount of the**
**financial asset pledged as security and the**
**terms and conditions relating to its pledge.**
**Where a charity has provided financial assets**
**as a form of security, the carrying amount of the**
**financial asset pledged as security and the**
**terms and conditions relating to its pledge.**
**Amounts receivable after more than 1 year**
**Please provide information about the**
**significance of investments to the charity's**
**financial position or performance eg. terms and**
**conditions of loans or the use of hedging to**
**manage financial risk.**
**Amounts receivable within 1 year**
**Terms and conditions eg interest rate, security**
**provided**
**Please provide details and amount of any guara**
**or on behalf of a third party**
**Name of the entity or entities benefitting from th**
**guarantees**
**Other investments**
**Total**
**Cash or cash equivalents**
**Listed investments**
**(iv) Explain any contractual obligations for the**
**construction or development of investment pro**
**repairs, maintenance or enhancements**
**Total**
**(iii) Provide details of any restrictions on the a**
**realise investment property or on the remittanc**
**or disposal proceeds**
**17.3 If your charity holds investment propert**
**Other investments**
**Grand total (Fair value at year end+Cost less im**
**Social investments**
**Listed investments**
**Total**
**(i) Explain the methods and significant assum**
**determining the fair value of investment proper**
**charity**
**Investment properties**
**Social investments**
**(ii) Name or independent valuer, if applicable,**
**qualifications**|
**_Total_**
**charity's**
**asset inves**
**pairment)**
**_Total_**
**ntee made t**
**ose**
**purchase,**
**perty or for**
**bility to**
**e of income**
**ies, please**
**pairment)**
**ptions in**
**ty held by th**
**and relevant**|**Fair value at year end**
**£**
-
-
-
-
-
**Cost le**
|**This year £**
**Last year £**
- -
- -
- -
- -
- -
**This year £**
**Last year £**
- -
- -
- -
- -
**Last year**
**h the balance**
**ast year**
**£**
-
-
-
-
**£**
-
**Last year**
**Last year**
-
-
-
-
-
-
-
-
-
-
-
**ast year**
**ss impairment**
-
**ss impairment**
**£**
-
-
-|
|---|---|---|---|
|||-
||
|||-
-
-
**£**
-
**Fair value at year end**
-
**Cost le**||
|||
-||
|||**tments, if applicable, agreeing wit**
**This year**
**L**
**£**
-
-
-
-
-
**complete the following note:**
**This year**
**e**
**L**
||
|||-||
|||**This year**
**_Description_**
**_Description_**
**This year**
**This year**
**o**||
CC17a (Excel)
12/10/2024
20
**Section C Notes to the accounts (cont)**
## **Note 18 Stocks**
## _**Please complete this note if the charity holds any stock items**_
**18.1 Please state the carrying amount of stock and work in progress analysed between activities.**
|**18.1 Please state the carrying amount of stock and work in progress analysed between**
**activities.**|**unt of stock and work in progress analysed between**|**unt of stock and work in progress analysed between**|
|---|---|---|
|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
**Charitable activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other trading activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Total this year**
- - - - -
**_Total previous year_**
- - - - -
**This year**
**Last year**
**£**
**£**
**18.2 Please specify the carrying amount of**
**any stocks pledged as security for liabilities**
**Stock**
**Donated goods**
**Work in**
**progress**|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
**Stock**
**Donated goods**
**Work in**
**progress**||
||-|- - - -|
|||- - - -
**This year**
**Last year**
**£**
**£**|
CC17a (Excel)
12/10/2024
21
## **Section C Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
## _**Please complete this note if the charity has any debtors or prepayments.**_
## **19.1 Analysis of debtors**
|**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -|
|---|---|
## _**Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)**
|**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -|
|---|---|
CC17a (Excel)
12/10/2024
22
## **Section C Notes to the accounts (cont)**
## **Note 20 Creditors and accruals**
## _**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
**----- Start of picture text -----**
Amounts falling due Amounts falling due after
within one year more than one year
This year Last year This year Last year
£ £ £ £
- - - -
- - - -
- - - -
- - - -
300 - - -
- - - -
- - - -
Total 300 - - -
**----- End of picture text -----**
**Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors**
## **20.2 Deferred income**
|**_Please explain the reasons why income is_**
**_deferred._**
**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**_Please complete this note if the charity has deferred_**
**_income_**
**This year**
**Balance at the end of the reporting period**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
**Last year**|
|---|---|
CC17a (Excel)
12/10/2024
23
**Section C Notes to the accounts (cont)**
## **Note 21 Provisions for liabilities and charges**
_**Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_
**----- Start of picture text -----**
21.1 Movements in recognised provisions and funding commitment during the period
This year Last year
£ £
Balance at the start of the reporting period - -
Amounts added in current period - -
Amounts charged against the provision in the current period - -
Unused amounts reversed during the period - -
- -
Balance at the end of the reporting period
21.2 Please provide: This year Last year
- a brief description of any obligations on the
balance sheet and the expected amount and
timing of resulting payments;
- an indication of the uncertainties about the
amount or timing of those outflows; and
- the amount of any expected
reimbursement, stating the amount of any
asset that has been recognised for that
expected reimbursement.
This year Last year
21.3 For any funding commitment that is not
recognised as a liability or provision, provide
details of commitment made, the time frame
of that commitment, any performance-related
conditions and details of how the
commitment will be funded (with contracts
for capital expenditure separately identified).
21.4 Where unrestricted funds have been
designated to a fund commitment, please
disclose the nature of any amounts
designated and the likely timing of that
expenditure.
**----- End of picture text -----**
CC17a (Excel)
12/10/2024
24
## **Section C Notes to the accounts (cont)**
## **Note 22 Other disclosures for debtors, creditors and other basic financial instruments**
**22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.**
**22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.**
**This year Last year**
CC17a (Excel)
12/10/2024
25
**Section C Notes to the accounts (cont)**
## **Note 23 Contingent liabilities and contingent assets**
## **23.1 Contingent liabilities**
**Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.**
## **This year**
**----- Start of picture text -----**
Description of item including its legal nature. Estimate of financial effect
Please describe any security provided in
connection to the liability.
Last year
Description of item including its legal nature. Estimate of financial effect
Please describe any security provided in
connection to the liability.
**----- End of picture text -----**
## **23.2 Contingent assets**
**Where the charity has contingent assets, please complete the following section when their existence is probable**
**This year**
|**This**|**year**||||||||
|---|---|---|---|---|---|---|---|---|
|||**Description**|**of**|**item**|**Estimate**|**of**|**financial**|**effect**|
||||||||||
||||||||||
||||||||||
||||||||||
|**Last**|**year**||||||||
|||**Description**|**of**|**item**|**Estimate**|**of**|**financial**|**effect**|
||||||||||
||||||||||
||||||||||
**23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:**
|**Explain any uncertainties relating to the**
**amount or timing of settlement; and the**
**possibilty of any reimbursement**
**Where it is not practical to make one or more**
**of these disclosures, please state this fact**|**This year**
**Last year**|
|---|---|
CC17a (Excel)
12/10/2024
26
## **Section C Notes to the accounts (cont)**
|**Other**
**Short term deposits**
**Cash at bank and on hand**
**Total**
**Note 24 Cash at bank and in hand**
**Short term cash investments (less than 3 months maturity date)**|**This year**
**Last year**
**£**
**£**
- -
- -
28,912
-
- -
28,912
-|
|---|---|
CC17a (Excel)
12/10/2024
27
## **Section C Notes to the accounts (cont)**
**Note 25 Fair value of assets and liabilities This year Last year 25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks. 25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.**
CC17a (Excel)
12/10/2024
28
**Section C Notes to the accounts (cont)**
**Note 26 Events after the end of the reporting period**
_**Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.**_
**This year Last year Please provide details of the nature of the event Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made**
CC17a (Excel)
12/10/2024
29
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE
Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds (balancing
figure) N/a N/a - - - - - -
Total Funds as per balance sheet - - - - - -
Yes* No*
Fund balances carried forward include assets and liabilities denominated in a foreign currency
If yes, please state the basis on which the assets and/or liabilities have been translated into
sterling (or the currency in which the accounts are drawn up).
**----- End of picture text -----**
CC17a (Excel)
12/10/2024
30
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE
Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds (balancing
figure) N/a N/a - - - - - -
Total Funds as per balance sheet - - - - - -
Yes* No*
Fund balances carried forward include assets and liabilities denominated in a foreign currency
**----- End of picture text -----**
CC17a (Excel)
12/10/2024
31
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.3 Transfers between funds**
## **This year**
**----- Start of picture text -----**
Reason for transfer and where endowment is converted to income, Amount
legal power for its conversion
Between unrestricted and
restricted funds
-
Between endowment and
restricted funds
-
Between endowment and
unrestricted funds
-
-
Last year
Reason for transfer and where endowment is converted to income, Amount
legal power for its conversion
Between unrestricted and
restricted funds -
Between endowment and
restricted funds
-
Between endowment and
unrestricted funds
-
-
**----- End of picture text -----**
## **27.4 Designated funds This year**
|**Planned use**|**Purpose of the designation**|**Amount**||
|---|---|---|---|
||||-|
||||-|
||||-|
||||-|
||||-|
||||-|
|**Last year**||||
|**Planned use**|**Purpose of the designation**|**Amount**||
||||-|
||||-|
||||-|
||||-|
||||-|
||||-|
CC17a (Excel)
12/10/2024
32
**Section C Notes to the accounts (cont)**
**Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
## **This year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**_If a third party has been reimbursed for providing one or_**
**_more trustees, state the nature of the payment and_**
**_amount of the reimbursement._**
**_State the number of trustees to whom retirement benefits_**
**_are accruing under a defined contribution pension_**
**_scheme._**
**_Where an ex gratia payment has been made to a trustee,_**
**_provide an explanation of the nature of the payment._**
**_Please give details of why remuneration or other_**
**_employment benefits were paid._**
**Name of trustee**
**Legal authority (eg**
**order, governing**
**document)**|**Remuneratio**
**n**
**Pension**
**contribution**
**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
**-**
-
-
-
-
**-**
-
-
-
-
**-**
-
-
-
-
**-**
**Amounts paid or benefit value**|
|---|---|
## **Last year**
## **None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
**----- Start of picture text -----**
Amounts paid or benefit value
Name of trustee Legal authority (eg order, governing document) Remuneration contributionPension Redundancy (including office)/ex loss of Other TOTAL
gratia
£ £ £ £
- - - - -
- - - - -
- - - - -
- - - - -
Please give details of why remuneration or other
employment benefits were paid.
Where an ex gratia payment has been made to a trustee,
provide an explanation of the nature of the payment.
If a third party has been reimbursed for providing one or
more trustees, state the nature of the payment and
amount of the reimbursement.
State the number of trustees to whom retirement benefits
are accruing under a defined contribution pension
scheme.
**----- End of picture text -----**
## **28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
## **No trustee expenses have been incurred (True or False)**
|**TOTA**
**Accommodation**
**Other (please specify):**
**Travel**
**Subsistence**
**Type of expenses reimbursed**|-
-
-
-
-
-
-
-
-
-
**This year**
**Last year**
**£**
**£**|
|---|---|
||
**L**
-
-|
|**Please provide the number of trustees reimbursed for expenses or who**
**had expenses paid by the charity**||
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
## **This year**
**There have been no related party transactions in the reporting period (True or False)**
|**Name of the trustee**
**or related party**
**Relationship**
**to charity**
**Description of the**
**transaction(s)**
**Last year**
**Name of the trustee**
**or related party**
**Relationship**
**to charity**
**Description of the**
**transaction(s)**
**_In relation to the transactions above, please provide the_**
**_terms and conditions, including any security and the_**
**_nature of any payment (consideration) to be provided in_**
**_settlement._**
**_For any related party, please provide details of any_**
**_guarantees given or received._**
**_In relation to the transactions above, please provide the_**
**_terms and conditions, including any security and the_**
**_nature of any payment (consideration) to be provided in_**
**_settlement._**
**_For any related party, please provide details of any_**
**_guarantees given or received._**
**There have been no related party transactions in the repo**|
**Amount**
**Balance at**
**period end**
**£**
**£**
-
-
-
-
-
-
-
-
**Amount**
**Balance at**
**period end**
**£**
**£**
-
-
-
-
-
-
-
-
**Provision f**
**at peri**
**rting period (True or False)**
**Provision f**
**at peri**
|**Amounts**
**written**
**off during**
**reporting**
**period**
**£**
-
-
-
-
**Amounts**
**written**
**off during**
**reporting**
**period**
**£**
-
-
-
-
**or bad debts**
**od end**
**£**
-
-
-
-
**or bad debts**
**od end**
**£**
-
-
-
-|
|---|---|---|
CC17a (Excel)
12/10/2024
33
## **Section C Notes to the accounts (cont)**
## **Note 29 Additional Disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
CC17a (Excel)
12/10/2024
34
## **Compatibility Report for**
## **CC17a_charitable_company_December 2022.xls Run on 17/08/2023 14:03**
If the workbook is saved in an earlier file format or opened in an earlier version of Microsoft Excel, the listed features will not be available.
|**Minor loss of fidelity**|**# of**|**Version**|
|---|---|---|
||**occurrences**||
|Some cells or styles in this workbook contain formatting that|5|Excel 97-2003|
|is not supported by the selected file format. These formats will|||
|be converted to the closest format available.|||
## Accrue Financial Limited
The Trustees It’s Time 32 Bemish Road London SW15 1DG
16[th] October 2024
To The Trustees,
## **Accounts for the Period Ended 31[st] December 2023 Charity Number: 1193103**
As requested I have conducted an Independent Examination of the Accounting Records of the Charity known as It’s Time for the above dated period.
Based on the information and documents provided to me I believe the records represent a true and fair view of the Charity’s financial position at that date and as such I have prepared SOFA Accounts using that information for presentation to The Trustees.
Yours sincerely
Jennie Clarke M.A.A.T. Director
19 Ashwell Bank Lane, Tackley, Oxon, OX5 3FH 07827 817520 jennie@accruefinancial.co.uk Company No: 08149303