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2024-03-31-accounts

REGISTERED CHARITY NUMBER: 1195193

FLOURISHING LIVES REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FLOURISHING LIVES

CONTENTS OF THE REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Page
Report of the Trustees 3 to 13
Independent Examiner’s Report 14
Receipts and Payments Accounts 15
Statement of Assets & Liabilities 16
Notes to the Accounts 17

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FLOURISHING LIVES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

Legal and Administrative Information

Name of charity

Flourishing Lives

Charitable Incorporated Organisation number

1195193

Principal and registered office

Claremont Building, 24-27 White Lion Street, London N1 9PD

Trustees

Stuart Cox, Interim Chair Maggy Pigott CBE FRSA, Age Activist Trustee Diana Ambache, Treasurer (stepped down as Treasurer 18[th] July 2023) Rhoda Idoniboye Emma Rodwell (appointed as Trustee 7[th] February 2024) Maurizio Fiaschetti (appointed as Trustee 7[th] February 2024)

Banker

CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ

Independent examiner

Andrew Moore Blaenpentre, Swyddffynnon, Ystrad Meurig, Ceredigion, SY25 6AW

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Report of the Trustees

The trustees are pleased to present their report and the financial statements of Flourishing Lives for the year ended 31 March 2024.

The financial statements have been prepared in accordance with CC15d Charity Reporting and Accounting: The essentials, the Charities (Accounts and Reports) Regulations 2008 and the Charity Commission’s Receipts and Payments Accounts guidance (CC16), applicable to small charities under the audit threshold preparing their accounts on a Receipts and Payments basis.

Structure, Governance and Management

Flourishing Lives is a registered Charitable Incorporated Organisation (CIO) with a Board of Trustees that is responsible for deciding strategy, setting policies, appointing staff, setting, approving and reviewing the annual budget and accounts, and overseeing fundraising. Trustees are appointed through an open recruitment process and are appointed or reappointed at Trustee meetings.

Flourishing Lives has two members of staff: a full-time Programme Director, David McDonagh, and part-time Head of Engagement, Cordelia Wyche.

A steering group of Flourishing Lives’ coalition partners, The Flourishing Lives Advisory Group (FLAG), meets quarterly to discuss future areas of work, share information, and advise on the strategy, design and delivery of Flourishing Lives’ Best Practice programme.

A steering group of Flourishing Lives’ coalition partners, The Anti-Racist Action Group (ARAG), meets quarterly to discuss future areas of work, share information, and advise on the strategy, design and delivery of Flourishing Lives’ Inclusive Practice programme.

Risk management

The trustees convene Board meetings every two months to review Flourishing Lives’ activities and identify the risks to which it is exposed, in operations, finances and the external environment.

Objects and activities for Public Benefit

The objects for which the CIO is established are:

For the public benefit, the relief of those in need by reason of old age, for people living in Greater London and the surrounding area, in particular, but not exclusively by:

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

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Flourishing Lives is a London-wide coalition of arts, health and wellbeing organisations taking a creative approach to supporting richer, more independent lives for people over the age of 55. We combat social isolation amongst older people by promoting community, expression and engagement through the arts. We believe that building quality relationships is the heart of our work - genuinely engaging with older people as unique individuals and forming close bonds with the dedicated staff and volunteers who work alongside them.

We connect older people’s groups, creative practitioners, day centres, arts organisations, health initiatives, social justice groups, grassroots community champions and international thought-leaders so that knowledge, research and resources can be shared. We deliver a variety of workshops, training, showcase arts events, support groups and inclusion programmes to help galvanize organisational collaboration, communication and resilience across the arts and wellbeing sector, for the benefit of older people.

We strengthen and support our coalition members to flourish so that they can deliver vital support and progressive services for older people.

Flourishing Lives’ Achievements and Performance 2023-24

In our activity from 2023-24, we have built upon our rigorous coalition framework of support and development for the older people’s wellbeing and arts sector to ensure that older people across Greater London can continue to flourish, socially connect, and access aspirational services, in the face of increasingly complex challenges arising from the cost of living crisis and the lasting impact of Covid on our communities and the services that support them.

Our ongoing needs analysis meetings with older people and service providers have highlighted the stark pressures that older people and services are currently facing to meet their basic needs. In a climate where many wellbeing and arts services are having to focus resources on providing essential community services – with arts organisations and venues pivoting to offer warm banks and food banks to older and vulnerable people in our communities – this carries the risk of a potential setback to aspirational services for older people, or the possible emergence of a two-tier provision, where economically disadvantaged older people struggle to meet their basic needs and face social marginalisation and mental ill-health, while more economically advantaged older people can continue to access aspirational services and the health benefits that they offer.

This is very much a live issue that we continue to address as a coalition, but our close working partnerships and our strength in depth as a central hub for the sector have enabled us to militate against these risks, respond to emerging challenges, and continue to support older people from all backgrounds to flourish. Our close collaborative relationship with Tate, for example, has resulted in older people from coalition partner groups being signposted and referred to access their free Community Breakfast and Social Lunch offers, whilst we also promote access to their aspirational older people-led Soapbox programme, to reach and include older people from our networks who might otherwise be apprehensive about attending such a programme.

As a coalition that places lived experience at the heart of our work, we have continued to strengthen our foundation of support and enhance our influential platform for older people – especially those previously isolated, from marginalised and minoritised communities, and ageing at social

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intersections – to communicate with far-reaching and cross-cutting audiences, increasing awareness and understanding of the heterogeneity and complexity of older people’s needs and aspirations, highlighting key issues and recommendations, and directly educating, informing and influencing the working practice of wellbeing and arts provision across London.

In 2023-24, we have partnered with several older people’s lived experience groups, advocates, panequity, and social justice organisations – including the Age of Love project, the Shame Lab, MACWO Somali women’s group, and Curators of Change – that reported that they have never previously had the opportunity to connect with, educate or influence arts, cultural and wellbeing services. The central convening power of Flourishing Lives, and our crucial role as an active catalyst for the older people’s sector, has allowed us to forge those connections, create those fresh opportunities, and cultivate an environment where older people’s voices and the diversity of their experience can be heard, supporting advocacy and learning in services around vital issues including older black men’s mental health, identity-based harms, age positivity and sexuality, and shame sensitivity.

The collective knowledge base that we have continued to foster and develop – and the deepening range of resources, guidelines, developed-practice toolkits, best practice workshops, forums, roundtables, and networking opportunities that we provide – have consistently engaged an evergrowing network of organisations, keen to access and learn from the vast wealth of experience and expertise that we offer as a coalition.

In 2023-24, we have been sought out for consultation on a number of service transformation projects by national organisations and large institutions, including the Lived Experience Network and the Barbican, seeking to improve their inclusive practices and their wellbeing and arts services for older people. Coalition partners have consistently reported in feedback and needs analysis meetings that Flourishing Lives offers them a trusted space to connect, learn and reflect: “You’ve created a safe space. Flourishing Lives has created the trust and connection that allows the change to happen.”

The lived experience-led communities of practice, interest and advocacy that we have cultivated around intergenerational practice, inclusive practice, staff wellbeing, service innovation, and age activism have continued to amplify older people’s voices, support their needs and aspirations, and emphasise the vital role that we play in supporting and developing a proactively collaborative older people’s wellbeing and arts sector that benefits the diverse communities it serves.

Working alongside our community

We continue to ensure that involving people from our community in the work that we do is the central driver of our practice. From governance and strategy, to research, design and delivery, everything we do is informed by older people, and the wellbeing and arts service providers who work closely alongside them. Our ongoing process of needs analysis meetings, steering group meetings, and consultations with older people, service providers, lived experience representatives, funders, and policy makers ensure that we are continually expanding our network, deepening our collective knowledge base, and collectively identifying areas where support and development is needed.

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In 2023-24, we:

Inclusive Practice

We promoted greater access to aspirational services for socially isolated older people – especially those from ethnic, minority and marginalised communities - through our ‘Arts, Refugees and Mental Health’ roundtable, ‘Transformation Space’ catalyst workshops, Anti-Racist Action Group (ARAG) meetings, ‘Black Men and Mental Health’ roundtable, and our LGBTQ+ partnership work, supporting older people from marginalised communities to share their intersectional lived experience and expertise, and directly influence and improve the outreach and inclusion strategy of 187 wellbeing and arts organisations across London and the South East:

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Intergenerational Practice

We promoted greater social integration across age groups within services, to reduce the isolation of older people within age-defined silos, through our Intergenerational Roundtable, Intergenerational England advisory meetings, and by cultivating our thriving Intergenerational Forum, sharing best practice and supporting opportunities to develop intergenerational practice with 165 wellbeing and arts organisations across London and the South East:

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Reflective Practice services

We increased resilience in service provision for older people across London, providing 410 practitioners with a structure of support and reflective practice that has helped to safeguard their wellbeing, sustain and grow their working practice, and develop a more robust foundation of support for the older people who engage with their services.

Sharing Best Practice

Our newsletters, networking sessions and quarterly best practice workshops reduced the fragmentation of the sector by providing communities of practice and learning for providers, and galvanising organisational collaboration for the benefit of older people.

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Age of Love, and Professor Sharron Hinchliff, providing practical support for coalition members and sharing best practice resources and toolkits on: ageing well and the sexual rights of older adults; exploring shame and its effects for older people accessing wellbeing and arts services; exploring what works in building more inclusive, connected and equitable communities; practitioner care in older people’s arts and wellbeing services; and supporting older people’s leadership as Community Builders. 165 delegates attended the workshops – including representatives from LSO, Southbank Centre, Parkinson's UK, and Imperial Health Charity – accessing thought leadership in the respective focus areas to implement in their own provision.

Positive Ageing and Older People’s Leadership

We promoted the involvement of older people in their own services and activities, amplifying older people’s needs and aspirations, challenging negative stereotypes, and advocating for positive ageing and older people’s leadership:

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coordinated activities to mobilise social change around the perspectives and experiences of living with Dementia.

Financial Review

Flourishing Lives is grateful to the National Lottery Community Fund for its ongoing support for the organisation, as the charity is funded under the Reaching Communities England programme until December 2024.

As at December 2024, the trustees view the charity as a going concern, as the organisation has secured additional funding from the National Lottery Community Fund under the Reaching Communities England programme until December 2029.

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Reserves policy

Flourishing Lives seeks to maintain free reserves equivalent to three months' core expenditure, in line with good practice. Free reserves are considered to be unrestricted funds that are not tied up in fixed assets.

Plans for the future

The next year will be pivotal in the growth and development of the charity, as we plan to develop our new 5 Year Strategy for 2025-2029.

In consultation with our Age Activist Trustee and board of trustees, we plan to develop a bold and ambitious vision for the sector that will place Older People Leaders at the centre of older people’s arts and wellbeing provision over the next 5 years. Learning will be at the heart of our new strategy, emphasising the vital role that older people can play as educators and leaders in their own services – experts by lived experience – and also the integral role that lifelong learning and aspirational activity can play in healthy ageing.

As we embed and implement the new 5 Year Strategy 2025-2029, we plan to increase income and grow the organisation to further scale our operations, increase our sustainability, and strengthen and develop the organisation to increase the reach and impact of our work in supporting older people’s wellbeing and creative health across Greater London.

Alongside this, Flourishing Lives will continue to extend and deepen its role in developing the sector and addressing the needs and aspirations of older people, expanding our vital framework of connection and support for services and practitioners, growing our outreach and inclusion programmes, advocating for intergenerational practice and more closely integrated communities, and supporting a proactively collaborative older people’s arts and wellbeing sector that benefits the diverse communities it serves.

Signed on behalf of the Flourishing Lives Board of Trustees:

Signed: S.Cox

Name: Stuart Cox

Address: 47 Park View Mansions, Olympic Park Avenue, E20 1FA

Date: 15/1/25

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF FLOURISHING LIVES

Examiner’s unqualified report (for a non-company charity preparing Receipts and Payments accounts) with a gross income of £250,000 or less in the relevant financial year.

Independent examiner’s report to the trustees of Flourishing Lives

I report to the charity trustees on my examination of the accounts of Flourishing Lives (the Trust) for the year ended March 2024.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

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

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Name: Andrew Moore

Address: Blaenpentre, Swyddffynonn, Ystrad Meurig, SY25 6AW

Date: 15/1/25

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FLOURISHING LIVES RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

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FLOURISHING LIVES STATEMENT OF ASSETS AND LIABILITIES

AS AT 31 MARCH 2024

The financial statements were approved by the Flourishing Lives Board of Trustees and were signed on its behalf by:

Name: Stuart Cox

Signed: S.Cox

Date: 15/1/25

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FLOURISHING LIVES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

Basis of accounting

These accounts have been prepared on the Receipts and Payments basis in accordance with CC15d Charity Reporting and Accounting: The essentials, and the Charities (Accounts and Reports) Regulations 2008.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

2022/2023 Accounts

These are restated to reflect updated policies and procedures on treatment of payroll and fund accounting issues and for the purposes of consistency within the Receipts and Payments accounting guidelines.

Taxation

The charity is exempt from tax on its charitable activities.

Pension costs and other past-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Trustees' remuneration and benefits

There were no trustees' remuneration or other benefits for the year ended 31 March 2024.

Staff costs

No employees received emoluments in excess of £60,000.

Related party disclosures

There were no related party transactions for the year ended 31 March 2024.

Conflicts of Interest

There were no conflicts of interest in the year ended 31 March 24.

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