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2024-03-31-accounts

Our Time Annual Report 2023-2024

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Contents

1. Foreword – Sophie Duke ........................................................................................................................... 2
2. Highlights and Achievements .............................................................................................................. 5
KidsTime Workshops ......................................................................................................................... 5
Education and Training ................................................................................................................... 7
Our Voice ................................................................................................................................................... 9
Policy and Public Affairs ................................................................................................................ 10
Case Studies ........................................................................................................................................... 11
Looking to the Future ....................................................................................................................... 15
3. Reference and administrative details .............................................................................................. 16
Directors and Trustees ................................................................................................................... 16
Objects and activities ..................................................................................................................... 18
Structure, governance and management ....................................................................... 18
Trustees’ responsibilities in relation to the financial statements .................... 19
4. Independent Examiner's Report to the Trustees of Our Time ............................................ 21
Responsibilities and basis of report ....................................................................................... 21
Independent examiner's statement ...................................................................................... 21
5. Statement of financial activities ......................................................................................................... 23
Balance sheet ..................................................................................................................................... 24
Notes to the accounts ................................................................................................................... 26
Detailed statement of financial activities ....................................................................... 33

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1. Foreword – Sophie Duke

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2024 .

Dear Friends and Supporters,

We are pleased to present to you the Annual Report of Our Time for 20232024. Reflecting on the past year, we are proud of the progress Our Time has accomplished and are profoundly grateful to each and every one of our supporters, volunteers, funders, partners and dedicated staff team, for

making these achievements possible. It is your compassion which enables us to keep building support systems for children and young people affected by parental mental illness, as well as raising awareness of this critical cause. This year has truly showcased the power of passion and commitment in creating positive change for children and young people affected by parental mental illness.

A personal highlight from 2023-2024 was “Our Voice for Change” half-day learning event, which saw invited speakers, staff, volunteers and supporters come together to amplify the voices of the families we support. It served as a poignant reminder of the importance of sharing the voices of those with lived experience to ensure we are best meeting their needs.

Some further key highlights for the charity in 2023-2024 include:

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Our report includes important statistics and outcomes which reflect the hard work of our delivery staff, professionals and volunteers. However, we remind you of the individual children and families who sit behind these numbers, each with their own individual circumstances and stories.

Despite the ongoing challenges of the current financial climate, Our Time has managed its resources effectively to ensure our beneficiaries remain front and centre. During these difficult times we have been more grateful than ever for the generosity of our supporters and dedication of our community. With the mental health crisis we also find ourselves in, Our Time’s work remains critical in ensuring that our next generation of children grow up free from the stigma associated with parental mental illness and can readily access the support they deserve.

As we look forward to 2024-2025, I am delighted to introduce myself as Chair of Our Time. As a child of a parent with a severe mental illness myself, it is both my professional and personal ambition to raise awareness of families managing parental illness; I feel immense pride in being involved with Our Time’s mission. As a charity, our aim for the next year is to increase our training resources for professionals, be flexible in our approach to scaling KidsTime workshops and importantly, continue to amplify the voices of children of parents with mental illness.

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I would like to personally thank you for your support and commitment to Our Time's mission. Together, we are making a difference, one story, one voice at a time.

With heartfelt appreciation,

Sophie Duke

Chair of Trustees | Our Time

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2. Highlights and Achievements

KidsTime Workshops

Our national network of KidsTime workshops is delivering support to over 150 families each month. This support is a vital lifeline to families.

“I don’t think about my mum as having a mental illness but I know sometimes she can get very very upset. I try to make her feel better but can’t always which makes me feel helpless and sad. I also try to help by looking after my brother and sister.

I get so annoyed and emotional with the people who make my mum upset but just hurt inside because I know I can’t do anything about it. At KidsTime I realised that I’m not the only child with that sort of problem and that other kids felt the same. Talking to Mum has helped me understand her and how she feels, for the first time.

At KidsTime I love being able to talk about mental illness because it helps me understand more about what it is and how it can affect people, like my mum. I also enjoy playing the games because they are fun and I get to know other children, and most of all I enjoy the drama because when I am older I would love to be an actress.” – Child Aged 10

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We have brought together all the delivery teams on a monthly basis to share learning, offer peer support and advice on subjects like how to engage teenagers in the workshops and how to deal with difficult situations. We share new research and best practice so that we continuously improve, based on feedback from our families.

In July we hosted a half day learning event “Our Voice for Change” to begin to build a national movement. We want to change the conversation by bringing greater understanding and compassion towards mental illness and shine a light on the impact of parents with a mental illness through amplifying their voices. We hope to influence the policy and practice for this group and connect the policy makers to the lived experience of our families and young people.

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Education and Training

We work with schools to help staff recognise and support children who have a parent with a mental illness. We aim to promote a positive and open culture around mental illness in schools, by reducing stigma and normalising conversation about mental illness. We offer a whole school approach and a ready- made suite of leaning materials to equip staff to work with the pupils at each Key Stage to develop a greater understanding of mental health.

Alongside our schools training we offer a suite of high quality, accredited courses for audiences across a range of fields in education, health, and social care. Our training helps all professionals who meet these families to make a real difference to children by helping them to understand their situation and find ways of managing the challenges they face.

 The BUPA-funded 'My Mad Mum ' theatre tour ran successfully and reached 8 schools, 1790 school students and 90 teachers across Gloucestershire, Warwickshire and Herefordshire. All schools

“The performance was fantastic. The children were gripped and have spent time this week reviewing the messages communicated during tutor time. This has been supported by the resources that you provided.”

Danielle Shipley, SENCO and Deputy Safeguarding Lead, Alvechurch C of E Middle School

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were engaged after the performance and provided with

supplementary resources to support the key messages of the play.

Newburn Manor Primary School

We entered into a partnership agreement with the Tavistock & Portman NHS Trust and are in the development stage of a brand-new course offered via their digital learning platform.

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What our learners say:

“Very practical, with realistic suggestions on how to improve provision/support”

Our Voice

Children and young people who have a parent with a mental illness are neither seen nor heard; they don’t feel able to talk about their situation or ask for help for fear that the family will be broken up or fear of being labelled and judged by others. The stigma surrounding mental illness creates a silence. We want to break this silence so that their thoughts, feelings and needs are taken into account in policy and practice.

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Policy and Public Affairs

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Case Studies

Mother and daughter

Mother and daughter have recently moved into the area fleeing domestic violence.

The family were referred from an Early Help worker in July. The daughter was diagnosed with Autism and ADHD while the mother has a lot of physical and mental health issues and goes into a deep depression at times.

The daughter began the sessions unable to participate fully, however she now engages in the activities, making valuable contributions to them. Her mum has commented that her daughter enjoys attending the sessions and that this is one of the few group activities that she successfully participates in.

The daughter’s attention span has improved and she has produced art work, while making suggestions for the drama piece with confidence and clear enjoyment.

Mum, also struggled with participating in the group initially due to lack of confidence and some anxiety around being in a group. However, the team see that there has been a clear change in her level of engagement as she now offers her thoughts in the sessions, and has made some positive connections with other parents and is more attentive to her daughter’s needs.

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Grandmother and granddaughter

Girl, aged 8, lives with her grandmother and sees her mother at KidsTime. Mother has a serious mental health condition.

“The KidsTime Workshops helped me to support my granddaughter and for her to know that she’s not the only one. She doesn’t like to be different and wants to fit in. When we went for the first time and played the game

‘Anyone who?’ where they asked the question, ‘Who doesn’t live with their parents?’; and it was really helpful to see other children get up and run around.

At the first session, we watched the video, ‘Can you catch a mental illness’?, which helped to clarify things. It was good for her to understand that mental illness does not spread, like a cold.

“KidsTime has helped her to understand what mental illness is and it’s an opportunity for her and her mum to come together.”

KidsTime has helped her to understand what mental illness is and it’s an opportunity for her and her mum to come together. Mum also came to the last workshop and really liked seeing her daughter there. It was the first time she and her mum talked about it together. They made a collage together and it was really positive.

The KidsTime Workshops really helps her relationship with her mum. The more she learns, it helps to answer some of the questions she might have; it helps with communicating. It also helps me in making me more aware of my daughter’s illness; I can tell if she’s not well and when I might need to shield my granddaughter more.

It’s a really good opportunity to meet other people, to gain awareness and correct explanations. Most importantly, it’s fun! It’s so friendly and the children have so much fun playing the games. It helps to combat the alienation and stigma, and promotes healthier explanations that are age appropriate. Also, having the social aspect and feeling taken care of by the taxis and the pizza removes barriers to families being able to come. Eating together with the staff and other families is lovely.”

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Parents and two boys aged 13 and 10

Dad has bi-polar disorder and one of the boys is autistic. Living with Dad’s mental illness means that sometimes there is heightened stress and arguments in the house. This is exhausting for all of them and especially worries the younger boy. When he told a teacher at school about how stressed and worried he felt, the school referred the family to social care and from there they heard about the KidsTime Workshop. The family do not have any extended family in the UK; this fact and the difficulties with Dad’s mental illness has left them very isolated, with very little social contact with others. Even those who have tried to help them, end up withdrawing.

Coming to the KidsTime Workshops has been particularly helpful for Mum and the children. She described it as a “safe space” for them to: “connect with people, have fun and hear how other people cope, and to share experiences”. The boys did not want to come to the workshop at first because of the stigma of talking openly about mental illness, but they have realised that they can do things with others, enjoy having fun with the other young people and have been able to talk about their experiences. They both now fully participate in workshops and make fantastic contributions with drama.

Mum says that hearing other parents talking about the same struggles is “brilliant”. Previously, it had felt like a massive and lonely journey for her managing her son and her husband’s mental health. She enjoyed learning about strategies for coping with the worries, that are so exhausting.

Mother attending KidsTime

“I was referred to KidsTime by my doctor after being diagnosed with nonorganic psychosis. I have been attending KidsTime for around three years.

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During this period, I have found like-minded people and have been able to speak openly about our mental health experiences. This has allowed me to learn more about mental health and how to navigate obstacles related to mental health problems with my child. Due to my medication, I had lost my Thank you for creating confidence and memory.

medication, I had lost my Thank you for creating confidence and memory. such a supportive and I cannot forget the support given by nurturing environment.” KidsTime, which has been instrumental in gradually helping me regain my

confidence and memory. I am now planning to take the solicitor exam in the future, something I wouldn’t have considered possible without the support I received. Further, KidsTime has become like a family to both me and my child, especially as I am an immigrant and single mom and our family is far away. My child enjoys coming to KidsTime and eagerly looks forward to the pizza at the end of each month. Thank you for creating such a supportive and nurturing environment.”

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Looking to the Future

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3. Reference and administrative details

Company No. CE027049

Charity No. 1196343

Registered Office 123 Hallgate

Cottingham, East Yorkshire

Hu16 4DA

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

S. Duke Appointed Chair March 2024
J.K. Grewal
E. Hicks
W.E. Mumme-Young Appointed September 2023; Appointed Treasurer
December 2023
K. Tahta-Wraith
A. Sharma Treasurer (Resigned December 2023)
S. Tulinius Resigned March 2024

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A. Begum Resigned December 2023

C Johnston Resigned March 2024

L. Rodgers Resigned June 2023

Accountants Yorkshire Accountancy Limited 123 Hallgate Cottingham East Yorkshire HU16 4DA

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Objects and activities

The charity's objects are to support children and young people affected by parental mental illness by raising awareness of this group to gain their recognition within public policy. We create supportive environments for young people and families, where they can receive explanations and build resilience and support working professionals working with young people to better understand the issues they face. In prioritising the objects of the charity Trustees have a due regard to the guidance on public benefit issued by the Charity Commission.

Structure, governance and management

Governing document

The charity is constituted as a Charitable Incorporated Organisation (CIO) and is therefore governed by its constitution dated 1st November 2021. It registered as a charity on 1st November 2021, registration number 1196343. The CIO took over the activities of the unincorporated charity ‘Our Time’ registration number 1147087, with effect from 1st April 2022.

Recruitment & appointment of Trustees

The appointment of directors / Trustees is governed by the constitution. Trustees are appointed explicitly to represent a range of skills which will support the charity. New Trustees are required to go through the same safe recruitment procedures as paid members of staff. New Trustees are given induction and information regarding their legal obligations under charity law, the decision-making process, the business plan, and recent performance of the charity. All undergo an enhanced check by the Disclosure and Barring Service and receive training in safeguarding and child protection.

Governance & management

The charity is organised so that the Trustees meet at least twice per annum. There were four meetings in the year to 31 March 2024. In addition to this, there were four meetings of the Finance Committee in the year to 31 March 2024.

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Reserves policy & going concern

The Trustees have undertaken a review of the charity's requirements for reserves in light of the main risks to the organisation and consider the results for the year 2023/24 to have been satisfactory. Reserves at the balance sheet date are £64,004, of which £4,748 are unrestricted and £59,256 are restricted. Funding for the next 12 months is anticipated to be in line with 2023/24 and this together with reserves held will be sufficient to ensure the charity continues its activities at current levels.

Risk management

The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at the current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The Trustees also review non-financial risks and these risks are managed by ensuring compliance with all health and safety regulations for clients, staff and volunteers.

Related parties

None of the Trustees receive remuneration or other benefit in their capacity as Trustees of the charity. Any connection between a Trustee of the charity and organisations providing services to the charity must be disclosed to the full board of Trustees in the same way as any contractual relationship with a related party. In the current year no such related party transactions were reported.

Trustees’ responsibilities in relation to the financial statements

The charity Trustees are responsible for preparing a Trustees' Annual Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and:

selecting suitable accounting policies and apply them consistently;

observing the methods and principles in the Charities SORP;

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making judgements and estimates that are reasonable and prudent;

stating whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

preparing financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

A resolution to re-appoint Yorkshire Accountancy Ltd. will be proposed at the December 2024 Trustees’ meeting.

Signed for and on behalf of the board

S. Duke

Trustee and Chair

11 June 2024

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4. Independent Examiner's Report to the Trustees of Our Time

I report to the charity Trustees on my examination of the financial statements of Our Time for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity's Trustees (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Financial Accountants, which is one of the listed bodies.

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

accounting records were not kept in accordance with section 386 of the 2006 Act; or

the financial statements do not accord with those records; or

the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the

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financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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 financial statements to be reached.

Nick Robinson

Yorkshire Accountancy Limited 123 Hallgate

Cottingham East Yorkshire

HU16 4DA

11 June 2024

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5. Statement of financial activities

for the year ended 31 March 2024

Unrestricted
Restricted
funds
Funds
2024
2024
Notes
£
£
Income and endowments
from:
Donations and legacies
3
70,462
-
Charitable activities
4
35,000
146,066
Other trading activities
5
14,947
-
Investments
6
-
-
Total
120,409
146,066
Expenditure on:
Raising funds
7
4,571
-
Charitable activities
8
3,390
63,179
Other
9
132,047
108,938
Total
140,008
172,117
Net movement in funds
(19,599)
(26,051)
Reconciliation of funds:
Total funds brought forward
Transfers
(16,985)
41,332
51,639
(6,332)
Total funds carried forward
4,748
19,256		 Unrestricted
Restricted
funds
Funds
2024
2024
Notes
£
£
Income and endowments
from:
Donations and legacies
3
70,462
-
Charitable activities
4
35,000
146,066
Other trading activities
5
14,947
-
Investments
6
-
-
Total
120,409
146,066
Expenditure on:
Raising funds
7
4,571
-
Charitable activities
8
3,390
63,179
Other
9
132,047
108,938
Total
140,008
172,117
Net movement in funds
(19,599)
(26,051)
Reconciliation of funds:
Total funds brought forward
Transfers
(16,985)
41,332
51,639
(6,332)
Total funds carried forward
4,748
19,256		 Endowment
funds
2024
£
-
75,000
-
-		 Total funds
2024
£

70,462

256,066

14,947

-		 Total
funds
2023
£

74,657

215,914

-

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75,000
-
-
-
341,475

4,571

66,569

240,985
290,591

-

24,823

337,322
140,008
172,117		 -
312,125
362,145
(19,599)
(26,051)
(16,985)
41,332
51,639
(6,332)		 75,000
-
(35,000)
29,350


34,654
(71,554)

-
106,208
-
4,748
19,256		 40,000
64,004
34,654

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Balance sheet

at 31 March 2024

Company No.
CE027049
Notes
2024
£
Current assets
Debtors
11
3,639
Cash at bank and in hand
80,108
83,747
Creditors:Amount falling due within one year
12
(19,743)
Net current assets
64,004
Total assets less current liabilities
64,004
Total net assets
64,004
The funds of the charity
Restricted funds
Endowment funds
13
40,000
Restricted income funds
19,256
Unrestricted funds
59,256
General funds
4,748
4,748
Total funds
64,004		 2023
£
7,509
30,636
38,145
(3,491)
34,654
34,654
34,654
-
51,639
51,639
(16,985)
(16,985)
34,654

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2024 the company was entitled to exemption under section 477 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.

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The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 11 June 2024

And signed on its behalf by:

W.E. Mumme-Young Treasurer and Trustee

11 June 2024

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Notes to the accounts

1. Accounting

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Fund accounting

Fund accounting
Endowment funds An endowment is a donation which is held on trust
for the benefit of the charity.
Unrestricted/
General funds		 These are available to spend on activities that
further any of the purposes of the charity.
Restricted funds These are donations or grants which the donor has
specified are to be solely used for a particular
purpose or area of the charity's work or projects
being undertaken by the charity.
Income
Incoming resources Income (including income from government and
other grants) is recognised when the charity has
entitlement to the funds, any performance
conditions attached to the items of income have
been met, it is probable that the income will be
received and the amount can be measured
reliably.

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Interest resources Interest on funds held on deposit and income from investments held is included when receivable and the amount can be measured reliably by the charity.

Expenditure

Expenditure
Recognition of
expenditure		 Expenditure is recognised once there is a legal or
constructive obligation to make a payment to a
third party, it is probable that settlement will be
required and the amount of the obligation can be
measured reliably. Expenditure is classified under
the following headings:
Expenditure on
raising funds		 comprise the associated costs relating to fund
raising activities;
Expenditure on
charitable activities		 includes the cost of operating the advice centre
and outreach services;
Management and
administration		 includes support costs for those functions that
assist the work of the charity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be

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measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

2. Company status

The charity is a registered CIO governed by its constitution dated 1st November 2021. Our Time merged with linked charity No. 117408 due to changing its legal status from a simple trust to a CIO.

3. Income from donations and legacies

Donations and Gift Aid Unrestricted
£
70,462
70,462		 Total
2024
£
70,462
70,462		 Total
2023
£
74,657
74,657

4. Income from charitable activities

Workshop activities Unrestricted
£
35,000
35,000		 Restricted
£
146,066
146,066		 Endowment
£
75,000
75,000		 Total
2024
Total
2023
£
£
256,066
215,914
256,066
215,914

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5. Income from other trading activities

Unrestricted Total Total
2024 2023
£ £ £
Licence fee income 6,241 6,241 -
Training & conference fees 2,396 2,396 -
Consultancy fees 6,310 6,301
14,947 14,947 -
6. Income from investments
Total Total
2024 2023
£ £
Interest receivable - 20
- 20
7. Expenditure on raising funds
Unrestricted Total Total
2024 2023
£ £ £
Fundraising trading costs
Fundraising costs 4,571 4,571 -
4,571 4,571 -
8. Expenditure on charitable activities
Unrestricted Restricted Total Total
2024 2023
£ £ £ £
Expenditure on charitable
activities
Workshop activities 3,390 63,179 66,569 24,823
3,390 63,179 66,569 24,823

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9. Other expenditure

Unrestricted
£
Employee costs
87,548
Motor and travel costs
4,447
Premises costs
86
General administrative costs
30,125
Legal and professional costs
9,841
132,047
10. Total staff costs
Salaries and wages
Pension costs
No employee received emoluments in excess of £60,000.
11. Debtors
Trade debtors
Prepayments and accrued income
12. Creditors
amounts falling due within one year
Trade creditors
Other taxes and social security
Accruals
 Unrestricted
£
Employee costs
87,548
Motor and travel costs
4,447
Premises costs
86
General administrative costs
30,125
Legal and professional costs
9,841
132,047
10. Total staff costs
Salaries and wages
Pension costs
No employee received emoluments in excess of £60,000.
11. Debtors
Trade debtors
Prepayments and accrued income
12. Creditors
amounts falling due within one year
Trade creditors
Other taxes and social security
Accruals
 Restricted
£
97,132
4,815
690
6,006
295
108,938
2024
218,496
2,120
220,616
2024
£
2,630
1,009
3,639
2024
£
17,440
1,220
1,083
19,743		 Total
2024
£
184,680
9,262
776
36,131
10,136
240,985		 Total
2024
£
184,680
9,262
776
36,131
10,136
240,985		 Total
2023
£
275,482
18,028
-
22,854
20,958
337,322
2023
116,406
898
117,304
2023
£
-
7,509
7,509
2023
£
120
723
2,648
3,491

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13. Movement in funds

Restricted funds:
Endowment funds:
Edward Gostling Endowment
Total
Restricted income funds:
BUPA
Children in Need
City Bridge Trust
David Riddell Memorial CIO
East London NHS Trust
Hospital Saturday Fund
London Borough of Barnet
London Borough of Ealing
London Borough of Hackney
London Borough of Newham
London Catalyst
National Lottery Scotland
Community Fund
National Lottery Community
Fund
SYP Trust
RBKC – The Stoke
UK Youth Digital
Volant Charitable Trust
Total
Unrestricted funds: General
funds
Total funds		 At 1 April
2023
£
-
-
27,427
-
-
-
-
-
6,299
7,742
1,731
-
-
-
-
-
5,990
2,450
-
51,639
(16,985)
34,654		 Incoming
resources
£
75,000
75,000
-
35,000
27,000
10,000
2,486
2,500
-
-
16,800
-
2,500
9,950
9,920
10,000
-
5,000
14,910
146,066
120,409
341,475		 Resources
expended
£
-
-
(27,060)

(33,164)

(26,827)

(6,619)

(1,843)

(2,500)

(5,667)

(8,442)

(14,124)

(538)

(2,500)

(2,594)

(9,893)

(3,150)

(5,941)

(7,450)

(13,805)

(172,117)

(140,008)

(312,125)		 Transfers
£
(35,000)
(35,000)

(367)

-

-

(1,837)

-

-

(632)

700

(2,060)

538

-

(1,493)

(27)

-

(49)

-

(1,105)

(6,332)

41,332

-		 At 31
March
2024
£
40,000
40,000
-
1,836
173
1,544
643
-
-
-
2,347
-
-
5,863
-
6,850
-
-
-
19,256
4,748
64,004

31

Purpose of Restricted Funds:

BUPA Creation and delivery of a play to schools in Gloucestershire.
Children in Need Funding for CEO costs.
City Bridge Trust Funding for Development Manager and Operations Manager
fees to support the development of programmes and capacity
to reach more young people.
David Riddell Memorial CIO Funding for Barnet, Newham and East Ealing Kids Time Workshop.
East London NHS Trust Funding for Tower Hamlets KidsTime Workshop.
Hospital Saturday Fund Delivery of a film project during the Covid-19 pandemic.
London Borough of Barnet Funding for Barnet KidsTime Workshop.
London Borough of Ealing Funding for Ealing KidsTime Workshop.
London Borough of Hackney Funding for Hackney KidsTime Workshop.
London Borough of Newham Funding for Newham KidsTime Workshop.
London Catalyst Funding for a multi arts project to amplify the voice of our
beneficiaries and encourage a holistic approach between
services that support them.
National Lottery Scotland
Community Fund		 Funding for Dundee KidsTime Workshop.
National Lottery Community Fund Funding for Newham Workshop.
SYP Trust Funding to collect stories of our beneficiaries in order to amplify
their voice and conduct policy work.
RBKC – The Stoke Funding for Royal Borough of Kensington and Chelsea
Workshops.
UK Youth Digital Digital inclusion funding.
Volant Charitable Trust Funding for Dundee Kids Time Workshops.

32

OUR TIME CHARITY Detailed statement of financial activities for the year ended 31 March 2024 Unrestrlcted funds RestrScted Endowment funds funds 2024 2024 Total funds 2024 Total funds 2023 2024 Income and endowmentsfrom: Donations and legacies Donation5 and Gift Aid 70,462 70,462 70,462 70,462 74,657 74,657 Charitable activities Workshop activities 35,(X)O 35,000 146,066 146,066 75,000 75.000 256,066 256,066 215,914 215,914 Other trading activities Licence fee income 6,241 2,396 6.310 14,947 6,241 2.396 6,310 14,947 Training & conference fees Consultancy fees Investments Interest receivable 20 20 Total Incomeand endowments 120,409 146.066 75.000 341,475 290.591 Expenditure on: Costs of other trading activities Fundraising costs 4,571 4,571 4,571 4,571 Total of expenditure on raisinz funds 4,571 4.571 Charitable activitie5 Workshop activities 3,390 3,390 63,179 63.179 66.569 66,569 24,823 24,823 Total of expenditure on charitable activities 3,390 63,179 66.569 24,823 Employee cost5 S31aries/wages 75,358 55,784 33,164 131,142 33.164 2.120 8,1(X) 2,270 7,884 184,680 42,897 21,500 898 CEO rernuneration 2,120 8,100 1,970 Pension costs Staff recruitment 1,708 2,709 205.770 275,482 3(MJ 7,884 97,132 Staff training Temporary staff 87,548 Motor and travel costs Travel and subsistence 4,447 4,447 4.815 4,815 9,262 9.262 18,028 18,028 33

OUR TIME CHARITY Premises costs Other premises cost5 86 690 776 86 690 776 General administrative costs. including depreciation and arnort15ation Bank charges Equipment leasing and hire charges General insurances Information and publications Postage and couriers Software. IT 5UPPOrt and related costs 26 26 87 3(X) 1,618 1,918 861 5,233 5,233 12,285 172 21,925 4,216 26,141 4,066 Stationery and printing Subscriptions SLJndry expense5 Telephone, fax and broadband iii iii 2.497 126 2.623 22 4.950 117 22 30 24 54 316 30,125 6.0(X 36.131 22.854 Legal and professional cost5 Accountancy and bookkeeping Con5ultanry fees Other legal and professiorial costs 3,523 5,250 3,523 5,250 3,512 8,200 295 1,068 1,363 9,246 9,841 295 10,136 20,958 Total of expenditure of other ¢osts 132,047 108,938 240.985 337,322 Totsl expenditure 140,(X)8 172.117 312.125 362,145 Net gains on inve5tment5 Net incomellexpenditurel 119.5991 126,0511 75,000 29.350 171.5541 Net incomellexpenditurel before other gainslllossesl Tran5fer5 119,5991 126,0511 75,000 29.350 171,5541 41,332 16,3321 135,iYKJI Net movement In funds 21,733 132,3831 40,000 29,350 171,5541 Reconciliation of funds: Total funds brought forward 116,9851 51,639 34,654 106,208 Total funds carrled forward 4.748 19.256 40,000 64.004 34.654 34

www.ourtime.org.uk

Our Time, c/o Yorkshire Accountancy, 123 Hallgate, Cottingham, HU16 4DA

© 2024 Our Time. Registered Charity #1196343 Company Number CE027049

35

Audit Trail

Document Details Document Details Document Details
Title Our Time 2024 accounts
File Name Annual Report 23-24 FINAL.pdf
Document ID 88ae31f2c04b468dae38a5fcf52d9bc0
Fingerprint 4ca822734b1559b6958c4c1456c6984d
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10:52AM UTC
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Completed		 This document has been completed.
Fingerprint: 4ca822734b1559b6958c4c1456c6984d		 18 June
2024
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