K•ndal and Oistrirt Debt Centre- tharity Clxnmission Report 202>24 Re¢lstered Office. 2 Ashe5 Fami. Sta1. L8 9NL This is the third report from thc Kendal and District Debt Centre. Partnering with Christians Against Poverty. we aim to alleviate the burden of debt in the south Lakes are3 of Cumbria. As last year. the report is followe(I by an appendtx which includes some background inforrnation to our charity. The Tntst is managed by Trustees. Ai September 2024 there were 5vden trustees: Mr Stephen Coleman Mr Jthn Fleetwood Dr Boyd Gilmore Rev Jonry Gios Ichair of Trustees) Mr Chris Marshall Ven. Vernon Ross Rcrfd Canon Shanthi Thomp50n The p)licy and prKI1 of the Trust is to invite persons with leaThE experience. skill-sets and ViSiC&n. as set out in rn0 detail in sections 9 and 10 of our constitution. tt) consider taking on this responsibility. mm After a challcnging prcvious year. 202>2024 has been a period of Corlidation for the debt service side of ihe charity. Followin8 the succe55ful bid for funding from Westmorland and Fume55 Council'5 Money Advice Outreach Fund, tht Charity began the additional sÈ•cO of nlnning Molley Courses designed by CAP and employing a new member of staff to rnana8e this. We have welcomed IM) new Truste¢5. reachin8 the rnaximum number of seven. rin Our Oebt Centre Manager Paul Robinson has been in p05t since August 2023. DurinE the year he has seen 18 clierrts. 2 of whom have becomc debr free wirh ono further dient athin8 on a plan to become debt free. Although Ihe need for help with debt is very evident in many communitios auoss our region, the MainS a Significant challenEe in per5uadine individuals to sti¢k with the proces5 until it5 conclusion. It rs only then that 3 plan is created and irDplemented to allow thern to become debt-free. We have found that in the last year just under 40% of dierrt5 who have been visited initially continue to complote a sÈcond visit. There are marry difftrent roasons for this. but it remains a challee for the Debl Centre Mana8er and Trustees to improve upon 80in8 forward.
WÈ continue to strtve to reach 2 new clicnts per month. Our dients are refcrrcd to us from Manna House. Neighbovrhood Chaplains. The Well Community. Carers Support South Lakes. Doctor Surgeries and other agenoes. It is often the case that many of the clients we see nèèd additional support from other wofessional and third sector organisations. This is why developin8 Partnerships is so important to us . both on a discipleship level wÈth local thurches and vlith other professional a8enciÈS as we try to address the tomplex netds that somc of our clients have. Money ClSe Thts year we secured funding from the We5tTnorlaTrd and Fumess Council's Money Advice 00th Fund in order to offer CAP Money Courses. Initial for a period of 12 month5. This is very synergi5ti¢ With our CO of helping people once they are in debt. Using the Money Course. designed by CAP. and other li8hter-touth resources. we can help people avoid getting into financial difficulties in the first place. We employed Laura Kirkham in ApAI who is our Money Advice Project Manager. Since starting Laura has been offering a mix of Open Courses (member5 of the public sign up and meet wtth Laura in pefson or online over a pcriod of 4 sessions), Be5Fx)ke Courses lafi or8aniSation invitÈs Laura in). and Li8htef Touch sessior*s (which may bc a single session). From April to September. in total % people have been given Some kind of monÈy educarion and support through thts project Laura ha5 already secured cornmitTnents to work in local secondary schools, whith will rcach young people at Key Stage 4 and beyond. Other attJvlt6es Both Paul (Ind Laura have spent time lIdIng Up their networks of or8anisations and individua15 who will be influential in encouraging dients to come forward for debt help and money course attendance. We used some of the zrant rnon for the Money Advice Project to market the servKe acro55 the whole ol Kendal and t)istfiCL The charity ha5 continued lo receive financial support from three main sources: personal donations- including regular 8ivin& partner churchcs and grants. Sincc our last report a further three grants have been received helpin8 to provide m(Ye certainty around our abiliiy to prr)yide this very important rViCe in future years. In all our activiDes, the trustees have had re8ard to the guidance issued by the Charity C¢mrftission on the public benefits of a thèrity. Voluntoèrs We are aware that mainLiining a motivated Fx)ol of volunteers to support the work of the Debt Centre 15 ¢ruoal. At thc end of September 2024. we had 10 volunteeTS whosÈ role is to accompany Paul on client visits. Somc ot these also act as 'befriendeT5' to cement the ongoing relationship with clients and to Èncourage them in following through wrth the agreed debt fepaymcnt plans. We are mindhjl of the ne to secure morc betrienders to get alongside clients. and lo holp them to go debt free. We maintsin a group of sUPPOrtÈfS: some have offered prdrtical help and some have offered prayer 5UPPOrt and are ccwnmitted
to pray for the charity on an on-80in8 ba515. We are very 8r*eful fpr the commitment and enthu51a5m of all our volurrteers. mm We have had a year of t¢50[1d811 of our C debt tentre work afAd an eX151n of the charl5 capability throu8h the offerin8 of the new service of Money Advi. We are commffted to both these artivities. as funds allow. as the need is ever-pre5ent and is on c>ur doorstep. We have a dedicated team of Trustees who aro supporting our employed staff. lunteers and supporters. Ovef the next year we hope to develop both service5. encwra8e more partner churches to join us and promote more individual re8ular. on-eoing finanaal support. Our vision and objettives remain the same. The cuent p)liry and practice of the trusr is to have adequate fvnds to ensure the QTrEoing viabiliry of thc work of the chariry and ro have a minirnum rcsep4e of six month's pwffjients- primarily to cover staff costs and any emergency situations ihat mty arise from time io lime. The trustees eTr5U that re5erve5 are masntsined in liquid a55et& The chority curTertly ha5 sufficient reserrfes in line with this policy. Dr Boyd Gilmore Acring Chair of Trustees, Kendal and Di51rirt Debt Centre Daled 17 MDvr& Loz C
Following Closu of the Kendal Debt Centre from Parr Street Churth. Kendal in 2018. we We approached by Christians Against Poverly ICAP}l in 2019 to resr[ a Cent due to need in the area. Church Itaders were brou8ht tQ8ether to discuss if we felt thi5 challenge of debt in the area was bi8 en¢u8h to k)ok at starring the work. After Several meetings with church leaders and representstibEs Irom CAP we decided to proceed io set up with partner churches and a lead churth. This WOLSld be under governancc model in the form of a Charitable IncoTporatcd Or8ani5*ion ICIOJ.. In March 2020 the discussion arDund Setting this was halted due to the Covid Pandemic. Discussion recommenced in Sprin8 2021 with a small core team made up of intere parties from across the Churthes in Kendal. The Core team worked hard to work on the aims and objectives of the charity, fundraissng and racfuiiment of a pan time debt Centre manager. In the summer of 2021. the core team drew c[ 3 people who would be willing and passionate aLK)ut becoming trustees for thc new thanty. This smaller team worked out the visiffi and values of the proposed new tharity. We came up with the following objertives Our Wision: Passionate about seeing lives transf0nYd. renewed. and frec from debl a¢r0$5 South Lakes. Our Values: We will Vrk with 311 people who need the support of Kendal and District Debt Centre re8ardless of. di50bility. race. sexual oricntazion, gender. a8e. rel10n. or bclief. We appreciate that some dients will have thallenging life cirtumSL?n We will partnor with all opdanlsariS to fvlly support and refer when needed lo other agencies. We strive to be passionate and compassionate: We do what do be(au5e we care dceplv about 1Th8 people leaSed from debt. poverty. and their cau5e5. We will strive to communicatè well with supp¢Yter5. dicnts and partner churches and EivÈ ample opportunities to attend evangelixic evenzs. We seek to excoLYI our clients. expethtions, being generous with our time Jnd by providing an excellont standard of practical 5UPPOrt. We will be courageous and innovative. settling for the same old when we qzn wsh bltr and better.
With our vision and valucs in placc we set our our objettives and area of operalion. We havÈ alway5 anticipated that Kendal and imffodiate IlIty {posr codes LA8 and LA91 would be the initial f(u5 wrth potentsal expansion into other 8eo8raphicaE locaiions as partnership5 wilh other churches deveky.
C harity Registration No. 1195911 (England and Wales)
KENDAL AND DISTRICT DEBT CENTRE ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
KENDAL AND DISTRICT DEBT CENTRE ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
| CONTENTS | PAGE |
|---|---|
| Income statement | 3 |
| Statement of financial position | 4 |
| Detailed income statement | 5 |
| Charity Report | 6 |
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KENDAL AND DISTRICT DEBT CENTRE INCOME STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024
| Income Received Staff cost Depreciation and other amounts written off assets Other charges Funds Generated |
2024 £ 62,347 (20,798) (607) (10,409) 30,533 |
2023 £ 54,512 (8,723) (195) (7,565) |
|---|---|---|
| 38,029 |
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KENDAL AND DISTRICT DEBT CENTRE STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER 2024
| Fixed assets Current assets Net current assets Total assets less current liabilities Accruals and deferred income Net assets Capital and reserves |
125,811 | 2024 £ 842 125,811 126,653 (860) 125,793 125,793 |
95,460 | 2023 £ 200 95,460 |
|---|---|---|---|---|
| 95,660 (400) |
||||
| 95,260 | ||||
| 95,260 |
NOTES TO THE ACCOUNTS
1 Statutory information
Kendal and District Debt Centre is a charity registered in England and Wales, registration number 1195911. The registered office is c/o 2 Ashes Farm, Staveley, Kendal, Cumbria, LA8 9NL
2 Average number of employees
During the year the average number of employees was 2 (2023: 1).
Approved by the board on 1 7 March 2025
Boyd Gilmore (Mar 21, 2025 14:18 GMT)
Dr Boyd Gilmore Director
Charity Registration No. 1195911
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KENDAL AND DISTRICT DEBT CENTRE DETAILED INCOME STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2024
| This schedule does not form part of the statutory accounts. Turnover Funds Received Staff costs Wages and salaries Pensions Staff training and welfare Travel and subsistence Gifts Depreciation and other amounts written off assets Depreciation Other Rent Telephone and fax Stationery and printing Subscriptions Insurance Donations Sundry expenses Accountancy fees Advertising and PR Other legal and professional Other direct costs Funds generated on ordinary activities before taxation |
2024 £ 62,347 18,825 1,306 50 67 550 20,798 607 267 94 148 178 96 3,795 88 1,390 4,014 226 113 10,409 30,533 |
2023 £ 54,512 |
|---|---|---|
| 8,169 - - 554 - |
||
| 8,723 | ||
| 195 | ||
| 150 74 28 371 96 5,625 70 840 51 191 69 |
||
| 7,565 | ||
| 38,029 |
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