**REGISTERED CHARITY NUMBER: 1196556** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 FOR** **LEGACY IN THE COMMUNITY** Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA? 9LA **LEGACY IN THE COMMUNITY** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024** |||**Page**| |---|---|---| |**Repor of the Trustees**||**to5 **| |**Independent Examiner's Repor**||**6**| |**Statement of Financial Activities**||**7**| |**Balance Sheet**||**8**| |**Notes to the Financial Statements**|**9**|
**to15**| |**Detailed Statement of Financial Activities**||**16**| ## **LEGACY IN THE COMMUNITY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024** The trustees present their report with the financial statements of the charity for the year ended 30 June 2024. The trustees have adopted the provisions of 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 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** Legacy in the Community is a team of passionate individuals whose purpose is to work together to break down the barriers in our communities that prevent disabled individuals, or those who identify with long-term health conditions, from fully participating in society. We believe that having a disability should not come with a label or restriction and through means of promoting inclusively and raising awareness these labels and restrictions will cease to exist. ## **Significant activities** Since September 2022, as a Lead Partner with the national charity Scope, we have been involved in delivering the Welsh Government funded 'Working on Wellbeing' Project. Our key responsibilities under this project are to deliver the: - Starting Line 7 x week employability programme. - To work with employers/organisations to increase the recruitment and training opportunities for those who identify with - disabilities or long-term health conditions. - To actively promote the DWP Disability Confident Scheme and encourage employers/organisations to sign onto the scheme. - Deliver an ALN programme with schools/colleges supporting students aged between 16 & 24yrs who identify with Additional Learning Needs (ALN), (Pan Wales) Our specific areas of delivery for the Starting Line project include the following areas: - Dyfed/Powys - Carmarthen, Pembrokeshire and Ceredigion (West Wales) Page 1 **LEGACY IN THE COMMUNITY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024** ## **ACHIEVEMENT AND PERFORMANCE Charitable activities Working on Wellbeing Performance:** Our KPl's for this financial year 2024-2025 are as follows: - 60 x customers supported by Starting Line in both regions: - As of the 13 November 24 the current outcome figures are: ## **Powys Delivery** (Since April 24) Referrals: 51 Outstanding referrals: 5 Starts: 41 DNS:5 Russell Bradley and Janet Allen - Derby, both deliver the Starting Line programme in the Powys region. This has been a difficult region to break into, but Russell Bradley has formed excellent working relationships with the Ystradgynlais and Brecon Job Centre Plus staff. Currently, we deliver to candidates in both the Brecon Job Centre Plus and the Ystradgynlais Volunteer Centre. We continue to receive excellent feedback regarding Russell's delivery in both these Centre's. We work closely with the Disability Employment Advisers (DEA's) in Powys and are also part of the Powys Employability Network. ## **West Wales Delivery** (Since April 24) Referrals: 61 Outstanding referrals: 6 Starts: 39 DNS: 16 Rhiannon Morgan and Natalia Miles have been responsible for delivering the Starting Line project in West Wales. It is important to note that Rhiannon Morgan has taken primary responsibility for delivering the project in this area. She has formed excellent links with Job Centre's and other local organisations therefore extremely proactive in sourcing referrals. Rhiannon works out of the following Job Centres on a weekly basis; Carmarthen, Ammanford and Llanelli. Rhiannon Morgan has and continues to carry out exceptional work in this region. Like Powys, this region is extensive, so the delivery efforts have mainly been concentrated in Carmarthenshire. Natalia Miles resigned on the 30 Sept 2024. Therefore, we are on track to reach our KPl's for this financial year ## **ALN Schools Delivery** We have created and deliver a 'basic work expectations' module in the following schools/colleges: - Coleg Elidyr - Llandovery - Plas Dwbl - Pembrokeshire - Ysgol Pen yr Bryn - Morriston - Ysgol Heol Gotta - Llanelli - Ysgol Uwchradd Aberteifi Up to the end of August we have worked with 44 x students, with further started since September 24. Emily Hughes continues to do great work with these schools and her classes are well liked and appreciated by both the staff and students. As part of our ongoing commitment to and work with Ysgol Pen yr Bryn, as a charity we donated £500.00 towards the creation of the Key Stage 4 'retail' learning environment. Emily has delivered sessions to more than one group in some of these schools. Emily has been invited to work in two new colleges from January 2025, which are The College Merthyr and Beechwood College, Sully. We are currently exploring more innovative ways of working with young adults with Additional Learning Needs including with the potential, subject to suitable funding, to explore VR and Metaverse headsets. For example, 10 x Metaverse headsets would cost £4650.00 excluding license and development costs. ## **Achievements:** During this current financial year, we have attended over 120 meetings or events including Careers events, meetings with organisations and employers. Page 2 ## **LEGACY IN THE COMMUNITY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024** ## Brief Highlights include: - In Sept 24, we were awarded 'Disability Confident Leader (Level 3 ) status, therefore allowing us to act as a champion for Disability Confident within our local and business communities and showing disabled people that we are leading the way in getting every business to become Disability Confident - Monthly coffee mornings at Brecon JobCentre and Ysradgynlais Volunteer Centre which are well attended and - provide support and social interaction for individuals who otherwise are isolated and lonely. Co-hosted with the DWP and local JobCentre's careers events at the following locations: - Llanfyllin - Powys - Llandrindod Wells -Welshpool - In Sept we attended the Employability Roadshow event in the Principality Stadium, Cardiff where we promoted the WoW project. - In Oct we co-hosted with Merthyr Tydfil JCP, an event in Merthyr College to promote the Disability Confident Scheme. This was a highly successful event attended by more than 100 delegates including senior members of the DWP from Leeds etc. A full list of those meetings/events attended etc. is available to view if needed. ## **FINANCIAL REVIEW** ## **Financial position** The Legacy in the Community Account Balance as of 07 th January 2025 is as follows: Business Current Account Number 89431014 Account balance: £144,810.69 Of which Project income received: (Jan - March 2025):;; £59,432.75 Charity Balance: approx: £5230.69 There have been ongoing discussions with Scope regarding an 'underspend' which we have carried over since 2023 . Currently, this is more than £75,000 (more accurate figure to follow). It has been agreed that where possible that this overspend must be spent by the end of this financial year. Nothing must be carried over into the financial 2025/2026. ## **Reserves policy** Legacy In The Community continues to have a reserves policy and to hold reserves. The organisation's reserves policy aims to mitigate against closure and invests in strategic development costs. Reserves policy is shared and reviewed by the trustees each year ahead of year end to ensure sufficient level and appropriate use of reserves. The total reserves is currently kept at £62,981. Page3 ## **LEGACY IN THE COMMUNITY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024** ## **FUTURE PLANS** Continuation of monthly coffee mornings in Brecon and Ystradgynlais. Weekly presence at the following JobCentre Plus. - Brecon - -Ammanford - Llanelli - Carmarthen - -Ystradgynlais Volunteer Centre Attendance at the following Career Events/Roadshows: Health Provision Event (Feb date tbc) in partnership with Merthyr JCP and Communities for Work Plus. - 25th Feb 25 - LitC sponsored Career Event, Newtown - in partnership with the DWP - 27th Feb 25 - LitC sponsored Career Event. Welshpool - in partnership with the DWP - 28th Feb 25 - Attendance at the Cardiff Career Event representing the WoW Project at the Principality Stadium Attending the following Career Roadshows: - Health Provision Event (Feb date tbc) in partnership with Merthyr JCP and Communities for Work Plus. ## **Challenges moving forward and future plans:** At present all staff are on Fixed term contracts until March 2025, HR and Legal advice is being sort, via NatWest Mentor, regarding the possible need for new contracts. We have been informed that funding will be granted to continue the Working on Wellbeing project for the next financial year (25/26) but it has been emphasised that this will be the final year of funding. Unfortunately, the funding amounts for both Powys and West Wales have been reduced by approximately one third. With regards to Powys this will have an impact on staffing roles and the delivery of the project in that area. Team discussions are scheduled for the week beginning 13 Jan 25. Revised KPl's will be discussed and then along with a new budget presented to the Steering Group. During this time of economic struggles and cutbacks, like many other third sector charities and organisations we face a challenging period of reductions in funding sources and an increase in those applying for these fewer funds. As a small charity we face competition from larger and national organisations who have the resources to invest in funding applications. Legacy in the Community needs to raise its profile in our areas of delivery, this can be done for example by hosting more events, linking with similar smaller organisations. We are members of forums such as the Powys Employability network and CTM2030 and CwmTaf Third Sector Mental Health Forum and attend the Cross-Party Group on Disability (Senedd). In partnership with Keep Wales Tidy and others partners including the Probation Service, we have successfully made it through to the second round of the National Lottery Green Careers funding application, which if successful will involve Legacy in the Community being a partner in a project for the next five years delivering career advice and skills to disabled individuals in Neath Port Talbot & Swansea for the next five years. This should provide employment for at least two members of staff for that period. Keep Wales Tidy have received £23,000 to develop their project idea to support young people with disabilities and young people from ethnically minoritised communities living in Neath Port Talbot and Swansea. They will be working in partnership with NPT College Group, Adult Learning Wales and Legacy in the Community. We have invoiced Keep Wales Tidy for the sum of £4250.00 as part of this development fund. Gareth Marshall and Janine Cusworth (Resource) a current partner on the WoW project based in North Wales are in the process of jointly applying to the National Lottery Community Fund, for funding to the sum of £2.6 million, to set up a venture called 'Aspire Hubs' in three locations in Wales. ## **Project: Aspire Hubs** With anticipated funding, the project aims to tackle the unique challenges identified by establishing three Aspire Hubs in the rural Welsh communities of Denbighshire, Powys, and Pembrokeshire. These hubs will: - create opportunities for young disabled people living in rural Wales to share their experiences and with a coherent - voice have the opportunity to shape and address challenges and systems. - provide essential life independence skills training - provide training and skills development for work - Each Aspire Hub will work with 60 young people aged 16 to 25 each year. Participants will access the hub for a duration tailored to their individual needs. Personalised action plans will be developed in collaboration with each young person, focusing on building independence and work-related skills. Page 4 ## **LEGACY IN THE COMMUNITY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024** ## **Conclusion** As a team we continue to deliver as per the WoW Contractual KPl's requirements and have explored news ways that are relevant to the candidates we work with. We have developed an excellent reputation with the ALN schools we work with and have been asked to continue our delivery model. We have become involved with activities/forums outside of the WoW project and have and will continue to raise our presence in the Third Sector and communities we work in. The budget has proven challenging, and we have been left with an 'underspend' which has to be spent by March 25 . Finally, has the Managing Director, I would like to commend my colleagues at Legacy in the Community, who have and continue to commit themselves 100% to the work and aims of the Charity. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, A CIO foundation and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS** **Registered Charity number** 1196556 ## **Principal address** Crownford House Swan Street Merthyr Tydfil CF47 8EU ## **Trustees** A L Chung Mrs K Blake ## **Independent Examiner** Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9 LA Approved by order of the board of trustees on ............................................. and signed on its behalf by: Jan 22, 2025 ## Alex Ch **Ord�** ung (�12:27 GMT) A L Chung - Trustee Page5 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEGACY IN THE COMMUNITY** ## **Independent examiner's report to the trustees of Legacy In The Community** I report to the charity trustees on my examination of the accounts of Legacy In The Community (the Trust) for the year ended 30 June 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 Act and in car[r] ying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. 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 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 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. Michael Jones ACCA Bevan Buckland **LLP** Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA79LA Date: 22nd January 2025 Page6 ## **LEGACY IN THE COMMUNITY** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024** |Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
14,142
**EXPENDITURE ON**
**Charitable activities**
Charitable Activites
**NET INCOME**
14,142
**RECONCILIATION OF FUNDS**
Total funds brought forard
1,993
**TOTAL FUNDS CARRIED FORWARD**
16,135|Restricted
funds
£
287,205
278,635
8,570
60,988
69,558|2024
Total
funds
£
301,347
278,635
22,712
62,981
85,693|2023
Total
funds
£
280,955
217,984| |---|---|---|---| ||||62,971
10
62,981| The notes form part of these financial statements Page? ## **LEGACY IN THE COMMUNITY** ## **BALANCE SHEET 30 JUNE 2024** |**FIXED ASSETS**
Intangible assets
Tangible assets
**CURRENT ASSETS**
Debtors
Cash at bank
**CREDITORS**
Notes
5
6
7

Amounts falling due within one year
8
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
Unrestricted funds
Restricted funds
**TOTAL FUNDS**
9|Unrestricted
funds
1,064
15,071
16,135
16,135
16,135
16,135|Restricted
funds
£
2,154
7,319
9,473
1,271
~~132,329~~
133,600
(73,515)
60,085
69,558
69,558|2024
Total
funds
£
2,154
7,319
9,473
2,335
147,400
149,735
(73,515)
76,220
85,693
85,693
16,135
69,558
85,693|2023
Total
funds
£
4,200
~~3,029~~
7,229
1,098
96,575
97,673
(41,921)
55,752
62,981
62,981
1,993
60,988
62,981| |---|---|---|---|---| |||||| |||||| |||||| The financial statements were approved by the Board of Trustees and authorised for issue on .Jan22 2D25 ............................ and were signed on its behalf by: **Alu· Cfisthung (��12:27 GMT)** A L Chung - Trustee The notes form part of these financial statements Page8 ## **LEGACY IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 1 02) '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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Grant income is accounted for on an accruals basis and is shown in the financial statements when the Charity receives the unconditional right to the grants. Grants received for a specific purpose are treated as restricted funds. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment - 33% on cost ## **Taxation** The charity is exempt from tax on its charitable activities. ## **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. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-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. ## **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. ## **Cash at bank and in hand** Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## **Creditors and provisions** 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 se[t] tle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. ## **Employee benefits** The charity provides a range of benefits to employees, including annual bonus arrangements, paid holiday arrangements and defined benefit and defined contribution pension plans. Page9 continued ... **LEGACY IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS· continued FOR THE YEAR ENDED 30 JUNE 2024** ## **1. ACCOUNTING POLICIES • continued** ## **Short term benefits** Short term benefits, including holiday pay and other similar non-monetary benefits, are recognised as an expense in the period in which the service is received. ## **Financial Instruments** The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## **Basic financial assets** Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## **Other financial assets** Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment. ## **Impairment of financial assets** Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss. ## **Derecognition of financial assets** Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party. ## **Classification of financial liabilities** Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities. ## **Basic financial liabilities** Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Page 10 continued ... ## **LEGACY IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS-continued FOR THE YEAR ENDED 30 JUNE 2024** ## **1. ACCOUNTING POLICIES - continued** Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## **Other financial liabilities** Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge. Debt instruments that do not meet the conditions in FRS 102 paragraph 11.9 are subsequently measured at fair value through profit or loss. Debt instruments may be designated as being measured at fair value though profit or loss to eliminate or reduce an accounting mismatch or if the instruments are measured and their performance evaluated on a fair value basis in accordance with a documented risk management or investment strategy. ## **Derecognition of financial liabilities** Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. ## **Going concern** The charity continues to adopt the going concern basis in preparing its financial statements. The charity has obtained future funding until 2025. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023. ## **3. STAFF COSTS** The average monthly number of employees during the year was as follows: ## **4.** |||2024|2023| |---|---|---|---| |Average number of employees||9|7| |No employees received emoluments in excess of £60,000.|||| |During the year salaries of £38,000 (2023: £38,000) were paid to key management.|||| |**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|||| ||Unrestricted|Restricted|Total| ||funds|funds|funds| ||£|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies|1,983|278,972|280,955| |**EXPENDITURE ON**|||| |**Charitable activities**|||| |Charitable Activites||217,984|217,984| |**NET INCOME**|1,983|60,988|62,971| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward|10||10| continued ... Page 11 ## **LEGACY IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2024** ||**NOTES TO THE FINANCIAL STATEMENTS- continued**
**FOR THE YEAR ENDED 30 JUNE 2024**|**NOTES TO THE FINANCIAL STATEMENTS- continued**
**FOR THE YEAR ENDED 30 JUNE 2024**||| |---|---|---|---|---| |**4.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued**|||| |||Unrestricted|Restricted|Total| |||funds|funds|funds| |||£|£|£| ||**TOTAL FUNDS CARRIED FORWARD**|1,993|60,988|62.981| |**5.**|**INTANGIBLE FIXED ASSETS**|||| |||||Computer
software| |||||£| ||**COST**|||| ||At 1 July 2023|||6,300| ||Additions|||81| ||At 30 June 2024|||6,381| ||**AMORTISATION**|||| ||At 1 July 2023|||2,100| ||Charge for year|||2,127| ||At 30 June 2024|||4,227| ||**NET BOOK VALUE**|||| ||At 30 June 2024|||2,154| |||||--| ||At 30 June 2023|||4,200| |||||--| |**6.**|**TANGIBLE FIXED ASSETS**|||| |||||Computer| |||||equipment| |||||£| ||**COST**|||| ||At 1 July 2023|||4,544| ||Additions|||8,708| ||At 30 June 2024|||13,252| ||**DEPRECIATION**|||| ||At 1 July 2023|||1,515| ||Charge for year|||4,418| ||At 30 June 2024|||5,933| ||**NET BOOK VALUE**|||| ||At 30 June 2024|||7,319| |||||--| ||At 30 June 2023|||3,029| |||||--| |7.|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||2024|2023| ||||£|£| ||Trade debtors||1,064|948| ||Other debtors||1,271|150| ||||2,335|1,098| Page 12 continued ... ## **LEGACY IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2024** ## **8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Other creditors
**9.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
Access to Work
**Restricted funds**
Scope
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
Access to Work
**Restricted funds**
Scope
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
Scope
Access to work - DWP Funding
**TOTAL FUNDS**|2024
2023
£
£
73,515
41,921
---
Net
movement
At
At 1.7.23
in funds
30.6.24
£
£
£
1,993
1,993
14,142
14,142
1,993
14,142
16,135
60,988
8,570
69,558
62,981
22,712
85,693
---
---
---
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
14,142
14,142
287,205
(278,635)
8,570
301,347
(278,635)
22,712
Net
movement
At
At 1.7.22
in funds
30.6.23
£
£
£
10
1,983
1,993
58,105
58,105
2,883
2,883
60,988
60,988
10
62,971
62,981
---| |---|---| continued ... Page 13 **LEGACY IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2024** ## **9. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|1,983||1,983| |**Restricted funds**|||| |Scope|265,904|(207,799)|58,105| |Access to work - DWP Funding|13,068|(10,185)|2,883| ||278,972|(217,984)|60,988| |**TOTAL FUNDS**|280,955|(217,984)|62,971| A current year 12 months and prior year 12 months combined position is as follows: |A current year 12 months and prior year 12 months|combined position is as follows:||| |---|---|---|---| |||Net|| |||movement|At| ||At 1.7.22|in funds|30.6.24| ||£|£|£| |**Unrestricted funds**|||| |General fund|10|1,983|1,993| |Access to Work|||| |||14,142|14,142| ||10|16,125|16,135| |**Restricted funds**|||| |Scope||66,675|66,675| |Access to work - DWP Funding||2,883|2,883| |||69,558|69,558| |**TOTAL FUNDS**|10|85,683|85,693| |||---|---| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |A current year 12 months and prior year 12 mont
as follows:|hs combined net movement in f|unds, included in|the above a| |---|---|---|---| ||Incoming|Resources|Movement| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|1,983||1,983| |Access to Work|||| ||14,142||14,142| ||16,125||16,125| |**Restricted funds**|||| |Scope|553,109|(486,434)|66,675| |Access to work - DWP Funding|13,068|(10,185)|2,883| ||566,177|(496,619)|69,558| |**TOTAL FUNDS**|582,302|(496,619)|85,683| continued ... Page 14 **LEGACY IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2024** ## **10. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 30 June 2024. Page 15 ## **LEGACY IN THE COMMUNITY** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024** ||2024|2023| |---|---|---| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations||1,983| |Grants|301,347|278,972| ||301,347|280,955| |**Total incoming resources**|301,347|280,955| |**EXPENDITURE**||| |**Charitable activities**||| |Wages|137,661|119,803| |Social security|27,467|18,619| |Pensions|3,545|1,624| |Advertising & Marketing|14,505|10,771| |Audit & Accountancy Fees|4,638|5,796| |Consultancy|21,530|21,758| |Business Entertainment|299|61| |Postage, Freight & Courier|872|42| |General Expenses|1,318|1,076| |Insurance|510|12| |Legal Expenses|486|397| |Printing & Stationery
IT Software & Consumables|9,698|2,466
4,997| |Rates|800|851| |Rent|17,170|10,316| |Event Venue Hire
Staff Training|3,399
7,401|2,889
2,906| |Subscriptions|2,471|2,167| |Telephone & Internet
Staff Direct Costs
Amort of computer software|954
17,367
2,127|2,337
5,481
2,100| |Depn of computer equipment|4,417|1,515| ||278,635|217,984| |Total resources expended|278,635|217,984| |**Net income**|22,712|62,971| This page does not form part of the statutory financial statements Page 16 **----- Start of picture text -----**
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LEG004 Charities report 24.3-CHA-SWS-Final
Final Audit Report 2025-01-22
Created: 2025-01-22
By: Christine Thome (chlistine.thorne@bevanbuckland.co.uk)
Status: Signed
Transaction ID: CBJCHBCAABAAXFt2NuDf3bw5-c-DDjrZN64eGCZL9X6U
"LEG004-Charities report - 24.3-CHA-SWS-Final" History
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