**1 |** P a g e 


## **June 2024** 

## **Live Unlimited** 

**4[th] Floor** 

## **2 Bristol Avenue,** 

## **London** 

## **NW9 4EW** 

## **Tel 0208 359 2325** 

www.liveunlimited.org.uk 

## **Trustees Annual Report 2023/24** 

The reporting period is from 1[st] April 2023 to 31[st] March 2024. 

Live Unlimited is a registered charity (Charity No. 1197754) created to provide support, opportunities and enrichment activities for Barnet’s 324 looked after children and 339 care leavers. 

## The Trustees: 

John Hooton (Chair) 

Lee Robinson (Secretary) 

Caroline Glitre (Treasurer) 

Jennifer Mohammadi (Projects Lead & Lived Experience Trustee) 

Ira Bhattacharya (Fundraising Lead) 

John Kinnear (Projects Lead – outgoing) 

Sheena Leng (Trustee) 

Harriet Boamah (Safeguarding Trustee) 

Holly Grant (Lived Experience Trustee) 

Aaliyah Fozol (Lived Experience Trustee) 

Live Unlimited Team 

1 



**2 |** P a g e 

Operations Director (0.8) 

Projects Officer x 2 (0.8) Fundraiser (0.5) 

## Charitable objects 

Live Unlimited’s Charitable Objects are: 

“To advance in life and help young people who are, or have been in the London Borough of Barnet care through: 

- (a) The provision of recreational and leisure activities provided in the interest of social welfare, designed to improve their conditions in life; 

- (b) Providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals and; 

- (c) Supporting and promoting improvement in the education achievement.” 

Chair’s Report: 

This year saw us build on the successes of previous years and deliver five different opportunities to Barnet’s care experienced young people. 

Despite a challenging fundraising climate, we increased the number of people taking driving lessons at any one time and were delighted to see eight young people pass their test. 

We opened our Imagination Unlimited fund to group applications and funded days out to Thorpe Park and a West End theatre, with the main feedback being _‘where are we going next!’_ 

As a result of suggestions from our young people, we also funded two separate day trips to outward bound centres which proved a huge hit. 

Our Aspire Higher Plus bespoke careers mentoring pilot proved very successful with both our mentees securing jobs in their chosen industries and we look forward to hearing more about their progress. 

Our forest-school based Outdoor Club continued to go from strength to strength. This year we trialled an extended five-hour session in the older 11-18 year group. The young people loved being able to make a three-course meal over an open fire as well as having more time to reflect on their experiences and bond. 

This year also saw us refresh our branding and logo, with the help and inspiration of our young people, as well as develop a new website which is much clearer and easy to navigate. 

I remain immensely grateful to our dedicated staff and board of trustees who work tirelessly to make sure we remain true to our vision and aims. 

Of course, none of these transformative programmes would be possible without the generosity of our donors and funders. Thank you so much for your continued support. 

John Hooton 

Chair, Live Unlimited 

2 



**3 |** P a g e 

## Number of young people impacted by our opportunities 2023/24 

|Imagination Unlimited|39|
|---|---|
|DrivingAhead|42|
|Outdoor Club|12|
|Aspire Higher Plus|3|
|Funded Experiences (this year funding was<br>spent on two Outward Bound excursions)|12|
|Christmas Vouchers*|190|
|**Total**|**298**|



## *Christmas Vouchers 

As in previous years, we helped to brighten the lives of our care leavers a little over the festive period by providing **£25 gift vouchers for care leavers** and young people living in semi-independent accommodation aged 17+. For many young people this is the only gift they receive and particularly during the cost-of-living crisis it is a guilt-free opportunity to treat themselves. 

This year we trialled a different approach and purchased a combination of prepaid and payment on redemption vouchers valid for 12 months which allowed us to keep track on how many of the vouchers were used. 

## Driving Ahead 


3 



**4 |** P a g e 

Our flagship Driving Ahead scheme continued to be extremely popular amongst care leavers, with a waiting list of young people eager to apply for 46 hours of free driving lessons. Over the course of the year the test backlog which had dampened our numbers of people taking their test began to ease, leading us to increase the number of drivers having lessons at any one time from 9 to 11. During this time, we purchased 864 hours of driving lessons with 42 people enrolled on the scheme, 24 receiving driving lessons, and of those, 15 took their test with 8 passing and 7 failing. The young people who passed are using their driving licences for a variety of different ways including as a trainee vet, a student nurse and volunteering. 

Holly, 23, said: "My experience with Driving Ahead has been like no other. Live Unlimited supported me every step of the way. They regularly checked in on me and facilitated any requests I needed. 

“Having a driving licence has opened up incredible opportunities for me both intended and unexpected. 

“I travel all over the country as a volunteer and being able to drive has helped to minimise my anxiety and distress using public transport. Being care experienced I had to move several times and this would not have been possible without my licence and car. 

“ My licence has also enabled me to improve my mental health by doing activities such as going to see the sunrise or sunset in places that are special to me. As a care leaver, opportunities are offered on a need basis and having a licence would not have been a priority. 

“Having this opportunity has changed my life.” 

## Outdoor Club 




Our forest-school based scheme Outdoor Club, delivered by charity partner GROW, continued over the course of three terms. The scheme encourages trauma experienced children aged 6-18 to connect with nature, learn new skills, take risks, build confidence, improve wellbeing, reduce anxiety and make friends. 

This year, as well as building dens, feeding chickens and making fires, we trialled an extended fivehour session for the older 11-18 year age group. The young people loved being able to make a threecourse meal over an open fire as well as having more time to reflect on their experiences and bond. We continued the extended session at the end of other terms and it proved equally popular. 



**5 |** P a g e 

## **Number of hours delivered:** 425 

Across the whole year (April-March 23/24) we had 12 unique children and 27 attendees in total broken down as; 7 children attending 3 terms, 1 child attending 2 terms and 4 children attending 1 term of Outdoor Club. 

**Carers’ feedback** : “Outdoor Club helps him make friends elsewhere.” 

“Child D is more willing to try new things and a lot more confident making new friends.” 

“It’s a great place for the children to be outdoors, learning about nature and food products. Child T absolutely loves it.” 

## **Facilitators’ feedback:** 

“The extended session gave the young people a longer time to settle in and for deeper reflection. Being able to cook a three-course meal was really special and provided a great opportunity for accomplishment and pride. It also allowed for a quiet and peaceful time, which felt important for the young people’s wellbeing. 

“Child R kept saying how happy he was. He exclaimed it was the best day ever many times over. He kept asking other people how they felt and how much they were enjoying the day. They all said they like to do it again.” 

## Imagination Unlimited 



Our Imagination Unlimited fund providing funding for enrichment activities opened for group as well as individual applications this year. 

We approved 25 application forms; 23 individual and 2 group applications with a total of 39 beneficiaries. 

Individual applications were for a range of different items including bicycles, musical instruments, a GoPro camera, roller skates and piano lessons. 

In October 2023 a group of 7 care leavers and personal advisers went on an outing to Thorpe Park’s Fright Night. 

5 



**6 |** P a g e 

One personal adviser said: “The young people really enjoyed themselves despite the rain and wait times and asked where they were going next! They had a good day and there were lots of sleepy young people in the minibus on the way back.” 

In March 2024 we paid for a group of 10 care leavers and personal advisers to watch a play in London’s West End together. Half of the young people had never been to the theatre before and described the experience as absolutely amazing. 

## Funded Experiences 


Based on young people’s feedback that they would like to take part in some fun activities to help create some happy memories, we took two groups of care leavers to Woodrow High House outward bound centre in Amersham, Buckinghamshire for a day filled with laughter and excitement. 

Feedback from the young people was resoundingly positive. 

One young person said: “I had the best day of my life.” A personal adviser said: “It was a fantastic day out. The young people took part in something they’ve never experienced before and really bonded. They were out of their comfort zones, learned new skills and were incredibly supportive towards one another. It also gave us a chance to bond with the young people, who in turn supported us.” 

6 



**7 |** P a g e 

## Aspire Higher Plus 



Using learnings from our Aspire Higher careers networking scheme, we spent the first part of the year developing a bespoke 1-2-1 pilot careers mentoring programme. 

In August 2023 we trialled the 26-week programme delivered by LKM Coaching. Our mentor Lydia worked closely with our three mentees, two of whom remained engaged throughout the 26-week programme. 

Daisy was our first mentee to secure a new job as an apprentice residential childcare support worker. 

She said: “Before joining the programme I was working in a bar. I was unhappy as I didn’t enjoy the job or the long hours. It’s been good having Lydia supporting me and I felt excited when I found out I got onto the apprenticeship. I am much happier where I am now.” 

Curtis, 24, said: “Before I started the programme, I was in a very difficult point in my life. I was stuck in a dead-end job which I felt I could not escape from as well as struggling with social, mental and financial difficulties. 

“My experience on the Aspire Higher Plus programme has been magnificent. I always felt at ease and never judged during my sessions and my mentor showed me how to analyse and better understand obstacles and difficult scenarios in my life. 

“At the end of the programme I managed to secure a job as a trainee in the props department of a high budget TV production, which was my dream goal. Of course, I must take credit for all the emails and phone calls I made and the training I underwent, but if it weren’t for Lydia and Aspire Higher Plus, I would not be where I am today.” 

## Fundraising 

**We are incredibly grateful to the large number of organisations, trusts and foundations and individuals who have donated to Live Unlimited. Without their continued support we would not be able to create life changing outcomes for Barnet’s care experienced young people.** 

7 



**8 |** P a g e 

|**Source**|**Amount**|**%**|
|---|---|---|
|Corporate donatons|£13,092.40 + £62,351.02 donaton<br>in kind from LBB for Ops Director<br>salary<br>= £75,443.42|48%|
|Trusts & Foundatons|£54,705.00|34.5%|
|Individual giving|£19,236.75|12%|
|Challenge Events|£1,739.36|1%|
|Community|£573.48|0.5%|
|Interest|£4720.83|3%|
|Gif Aid|£1,433.18|1%|
|**Total**|**£157,852.02**|**100%**|



## **Corporate Donations** 

We are extremely thankful to the following businesses who supported us this year, enabling us to continue to deliver our life changing schemes. 

|**Bumblebee Lettings **|£10,000|Unrestricted|
|---|---|---|
|**John Lewis Partnership**|£1,500|Unrestricted|
|**Gowling WLG(UK) LLP**|£1,500|Unrestricted|
|**Amazon Smile**|£51|Unrestricted|
|**Easy Fundraising**|£41|Unrestricted|
|**London Borough of Barnet**|£62,351|Donation in kind for<br>Operations Director salary<br>plus on costs|
|**Total**|**£75,443**||



## **Trusts and Foundations** 

We are also incredibly grateful to the following trusts and foundations for their new and continued support throughout this year and beyond. 

|AA Charitable Trust|£3,000|DrivingAhead|
|---|---|---|
|Albert Hunt Trust|£3,000|Unrestricted|
|Carron Charitable<br>Settlement|£100|Unrestricted|
|IvyRickets Charitable Trust|£1,000|Unrestricted|
|John R Murray Charitable<br>Trust|£5,000|Unrestricted|



8 



**9 |** P a g e 

|James Wise Trust|£350|Unrestricted|
|---|---|---|
|Kass Charitable Foundation|£5|DrivingAhead|
|London Community<br>Foundation|£16,000|Core costs|
|Pat Newman Memorial Trust|£500|Unrestricted|
|Pears Foundation|£8,000|Unrestricted|
|Reed Foundation|£5,000|Unrestricted|
|Robert Gavron Charitable<br>Trust|£5,000|Outdoor Club/Driving Ahead|
|Sabrina Sutherland<br>Charitable Trust|£1,000|Unrestricted|
|ShanlyTrust|£2,000|Outdoor Club|
|Squire Patton Boggs<br>Charitable Trust|£250|Unrestricted|
|The Vintners Foundation|£4,500|Outdoor Club|
|**Total**|**£54,705**||



## **Challenge Events** 




Recruitment remained difficult for challenge events again this year. We are incredibly grateful to Claire who took part in the postponed Swim Serpentine event as well as Maddie and Natasha who ran in the Royal Parks Half Marathon, fundraising a total of £1,739 on our behalf. Thank you so much for all your hard work! 

## **Community Fundraising** 


9 



**10 |** P a g e 

The children from Colindale Primary School helped us spread some festive cheer again with a carol concert outside the tree in Patterson Square, Colindale, which combined with a yard sale and Christmas fundraising campaign brought in a total of £323.48 . A further £259 was donated from North Middlesex Golf Club, whose Captain John Struthers had nominated us as one of 

We were delighted to have been selected as charity of the year by Friends of Belmont School. As their generous donation will be made in the summer of 2024 it will be captured in our 2024/25 next annual report. 

## Governance & Resourcing 

LU comprises of a board of nine voluntary trustees led by the Chairperson, Treasurer and Secretary with an Operations Director, two Projects Officers and Fundraiser. 

## Trustees 

This year saw John Kinnear, our Projects Lead trustee, sadly step down. Jenni Mohammadi took up the role of Projects Lead and, following a recruitment process, we appointed Harriet Boamah as a Trustee and Safeguarding Lead in May 2023. Unfortunately, another trustee with lived experienced who had been appointed was unable to take up the role for personal reasons. We recruited a further two trustees later in the year and were delighted to welcome Holly Grant and Aaliyah Fozol, both with lived experience, as trustees in March 2024. 

## Business Plan 

The Business Plan was amended with revised targets for scheme delivery, improved client engagement, refreshed branding, and a new website. 

A fundraising strategy was approved with revised deliverables reflecting the current challenging fundraising climate. A new donor database was adopted to help us to steward new and existing donors and we signed up to a new monitoring and evaluation platform to help us keep better track of scheme delivery. A new Friends of Live Unlimited initiative was approved, with its launch taking place in summer 2024 and will be reflected in our 2024/25 Annual Report. 

## Website and brand refresh 

We worked collaboratively with a graphic designer and a focus group, including care experienced young people, to devise branding that better reflected our values. A new colour palette, logos, fonts, and design concepts were approved and incorporated into the new website which was launched in December 2023. 

## Volunteers 

Thanks to Christina Sheils, our volunteer Bookkeeper, for her continued support. 

## Bank Accounts 

LU has a current account and two CAF Gold accounts with CAF Bank, 10 St. Bride Street, London EC4A 4AD. 

## Trustee Remuneration 

The trustees are all unpaid volunteers. 

## Trustee Expenses 

To date no expenses claims have been made by the trustees. 

10 



**11 |** P a g e 

## Staff Costs and Emoluments 

Total staff costs for the period were £127,098. This includes an estimate of the salary of the Operations Director’s post for the period which is effectively a secondment covered by a donation in kind from Barnet Council (estimated at £62,351) which includes national insurance and pension contributions under the Local Government Pension Scheme. It also includes a 3% pay rise for two Projects Officers for the period. The roles are paid for by the Council through its contract for agency staff, however these costs are then reimbursed by Live Unlimited. 

Some of the costs for the Project Officers (£24k) had not yet been invoiced by the Council at the end of the financial year in March 2024 and have therefore been included as a creditor in Live Unlimited’s 2023/24 accounts. Our fundraising costs were £21,877 which includes our Freelance Fundraiser costs and fundraising platform fees. 

Costs of Audit, Independent Examination or Reporting Accounting Services and other Financial Services 

No costs of audit were incurred in the period. 

An independent examination of the accounts was conducted free of charge by Daniel Phelan and Nathan Lau, graduate trainees within the Council’s finance team. 

## The Basis of the Preparation of the Accounts 

The accounts are prepared on an accruals basis, including all expenses and all income during the period of 1[st] April 2023 to 31[st] March 2024. 

## Exemptions of Disclosure 

As required by the SORP there are no related party transactions in the reporting period that require disclosure. 

There are no funds held as custodian trustee on behalf of others. 

11 




|**Live Unlimited**|**Live Unlimited**|**Live Unlimited**|1197754<br>Charity No<br>(if any)|1197754<br>Charity No<br>(if any)||
|---|---|---|---|---|---|
|Annual accounts for theperiod||||||
|Period start date|1-Apr-23|**To**|Period end<br>date|31-Mar-24||



## **Section A                      Statement of financial activities** 

|Guidance Notes<br>**Incoming resources (Note 3)**<br>**Income and endowments from:**<br>Donations and legacies<br>S01 <br>Charitable activities<br>S02 <br>Other trading activities<br>S03 <br>Investments<br>S04 <br>Separate material item of income<br>S05 <br>Other<br>S06 <br>**_Total_**<br>S07 <br>**Resources expended (Note 6)**<br>**Expenditure on:**<br>Raising funds<br>S08 <br>Charitable activities<br>S09 <br>Separate material item of expense<br>S10 <br>Other<br>S11 <br>**_Total_**<br>S12 <br>S13 <br>Net gains/(losses) on investments<br>S14 <br>**Net income/(expenditure)**<br>S15 <br>**Extraordinary items**<br>S16 <br>**Transfers between funds**<br>S17 <br>Gains and losses on revaluation of fixed assets for the charity’s own use<br>S18 <br>Other gains/(losses)<br>S19 <br>**_Net movement in funds_**<br>S20 <br>**_Reconciliation of funds:_**<br>Total funds brought forward<br>S21 <br>**_Total funds carried forward_**<br>S22 <br>1<br>**Recommended categories by**<br>**activity**<br>**Net income/(expenditure) before investment**<br>**gains/(losses)**<br>**Other recognised** **gains/(losses):**|**Total funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>F01<br>F02<br>F03<br>F04<br>F05<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**Prior year**<br>**funds**|**Total funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>F01<br>F02<br>F03<br>F04<br>F05<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**Prior year**<br>**funds**|**Total funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>F01<br>F02<br>F03<br>F04<br>F05<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**Prior year**<br>**funds**|**Total funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>F01<br>F02<br>F03<br>F04<br>F05<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**Prior year**<br>**funds**|**Total funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>F01<br>F02<br>F03<br>F04<br>F05<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**Prior year**<br>**funds**|
|---|---|---|---|---|---|
||136,134|16,997|-|153,131|176,970|
||-|-|-|-|-|
||-|-|-|-|-|
||4,564|-||4,564|1,019|
||-|-|-|-|-|
||-|-|-|-|-|
||140,698|16,997|-|157,695|177,989|
|||||||
||30,077|-|-|30,077|12,817|
||16,513|98,970|-|115,483|62,990|
||-|-|-|-|-|
||73,212|-|-|73,212|49,369|
||119,802|98,970|-|218,772|125,176|
|||||||
||20,896|-       81,973|-|-       61,077|52,813|
||-|-|-|-|-|
||20,896|-       81,973|-|-       61,077|52,813|
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||20,896|-       81,973|-|-       61,077|52,813|
|||||||
||225,941|14,846|-|240,787|187,974|
||246,837|-       67,127|-|179,710|240,787|
|||||||





## **Section B                      Balance sheet** 

|Guidance Notes<br>**Fixed assets**<br>**Intangible assets            (Note 15)**<br>B01<br>**Tangible assets              (Note 14)**<br>B02<br>**Heritage assets              (Note 16)**<br>B03<br>**Investments                    (Note 17)**<br>B04<br>**_Total fixed assets_**<br>B05<br>**Current assets**<br>**Stocks                             (Note 18)**<br>B06<br>**Debtors                           (Note 19)**<br>B07<br>**Investments                  (Note 17.4)**<br>B08<br>**Cash at bank and in hand (Note 24)**<br>B09<br>**_Total current assets_**<br>B10<br>B11<br>**_Net current assets/(liabilities)_**<br>B12<br>**_Total assets less current liabilities_**<br>B13<br>B14<br>**Provisions for liabilities**<br>B15<br>**_Total net assets or liabilities_**<br>B16<br>**Funds of the Charity**<br>**Endowment funds (Note 27)**<br>B17<br>B18<br>**Unrestricted funds**<br>B19<br>**Revaluation reserve**<br>B20<br>**_Total funds_**<br>B21<br>**Creditors: amounts falling due within**<br>**one year              (Note 20)**<br>**Creditors: amounts falling due after**<br>**one year                (Note 20)**<br>**Restricted income funds (Note 27)**<br>Signed by one or two trustees on behalf of all<br>the trustees|Guidance Notes<br>**Fixed assets**<br>**Intangible assets            (Note 15)**<br>B01<br>**Tangible assets              (Note 14)**<br>B02<br>**Heritage assets              (Note 16)**<br>B03<br>**Investments                    (Note 17)**<br>B04<br>**_Total fixed assets_**<br>B05<br>**Current assets**<br>**Stocks                             (Note 18)**<br>B06<br>**Debtors                           (Note 19)**<br>B07<br>**Investments                  (Note 17.4)**<br>B08<br>**Cash at bank and in hand (Note 24)**<br>B09<br>**_Total current assets_**<br>B10<br>B11<br>**_Net current assets/(liabilities)_**<br>B12<br>**_Total assets less current liabilities_**<br>B13<br>B14<br>**Provisions for liabilities**<br>B15<br>**_Total net assets or liabilities_**<br>B16<br>**Funds of the Charity**<br>**Endowment funds (Note 27)**<br>B17<br>B18<br>**Unrestricted funds**<br>B19<br>**Revaluation reserve**<br>B20<br>**_Total funds_**<br>B21<br>**Creditors: amounts falling due within**<br>**one year              (Note 20)**<br>**Creditors: amounts falling due after**<br>**one year                (Note 20)**<br>**Restricted income funds (Note 27)**<br>Signed by one or two trustees on behalf of all<br>the trustees|**£**<br>F01<br>**Unrestricted**<br>**funds**|**£**<br>F02<br>**Restricted**<br>**income**<br>**funds**|**£**<br>F03<br>**Endowment**<br>**funds**|**£**<br>F04<br>**Total this**<br>**year**|**£**<br>F05<br>**Total last**<br>**year**|
|---|---|---|---|---|---|---|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||246,596|-       43,696|-|202,900|240,788|
|||246,596|-       43,696|-|202,900|240,788|
||||||||
|||7,536|15,652|-|23,188|-|
||||||||
|||239,060|-       59,348|-|179,712|240,788|
||||||||
|||239,060|-       59,348|**-**|179,712|240,788|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||239,060|-       59,348|-|179,712|240,788|
||||||||
|||-|||-<br>-       59,348<br>239,060<br>-|-|
||||-       59,348|-||-|
|||239,060||||-|
||||||||
|||239,060|-       59,348|-|179,712|-|
||||||||
|||Signature||Print|Name|Date of<br>approval<br>dd/mm/yyyy|
|||#VALUE!||CAROLINE GLITRE||**7/29/2024**|
|||||LEE ROBINSON||**7/29/2024**|
||||||||



CC17a (Excel) 

07/29/2024 

2 



## **Section C                                            Notes to the accounts** 

Note 1 **Basis of preparation** 

_**This section should be completed by all charities** ._ 

## **1.1 Basis of accounting** 

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. 

The accounts have been prepared in accordance with: 

•  and with* ü the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 •  and with* ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011. 

The charity constitutes a public benefit entity as defined by FRS 102.* ü * -Tick as appropriate 

## **1.2  Going concern** 

_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ 

An explanation as to those factors that support _**The charity is considered a Going Concern as at year end 31**_ the conclusion that the charity is a going _**March 2024 there was 203k in the bank and just one liability**_ concern; _**(the PSO staff costs) of 24k. We have also set a budget for 2024/25 which was approved by the Board on 21st March 2024. This has been intentionally set to work down the bank balance as it is currently high and putting off potential funders. The minute item 5 for that meeting confirms the approval and the discussion of the financial position. We are aware of our financial position and are intentionally working down our balances to deliver benefit to Children in Care and Care Leavers in Barnet. Fundraising for future provision is difficult when high balances are held.**_ Disclosure of any uncertainties that make the _**Not applicable**_ going concern assumption doubtful; Where accounts are not prepared on a going _**Not applicable**_ concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. 

## **1.3 Change of accounting policy** 

The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2. 

|Yes*<br>No*|ü|* -Tick as appropriate|
|---|---|---|
||||



## _**Please disclose:**_ 

|**_(i) the nature of the change in accounting policy;_**|Not a change in accounting policy as such, but 2023/24 is<br>the first year of preparing the accounts on an accruals<br>basis and therefore in line with the Charities SORP. This<br>decision was made as the income and expenditure of the<br>charity have grown and are likely to meet the threshold that<br>requires accruals accounting in the near future.<br>It should also be noted that the prior year comparative<br>figures only cover a 6 month period of transactions; the<br>charity became a CIO on 1st October 2022. Therefore<br>transactions relating to 1st April - 30th September 2022 are<br>recognised in the 2022/23 accounts of the previous charity<br>number 1176418.|
|---|---|
|**_(ii) the reasons why applying the new accounting policy_**<br>**_provides more reliable and more relevant information;_**<br>**_and_**|It was also felt that due to having a significant amount of<br>salary costs owed to the Council from the charity at year<br>end (24k), that this was inflating the Council's apparent<br>assets i.e. the bank balance. This could be misleading to<br>potential funders.|
|**_(iii) the amount of the adjustment for each line affected in_**<br>**_the current period, each prior period presented and the_**<br>**_aggregate amount of the adjustment relating to periods_**<br>**_before those presented, 3.44 FRS 102 SORP._**|<br>N/A as there was not an equivalent creditor at the previous<br>year end; all salaries owed to the Council were paid by<br>31st March.|



## **1.4 Changes to accounting estimates** 

|No changes to ac|counting|estimates have occurred in the reporting period (3.46 FRS 102 SORP).|estimates have occurred in the reporting period (3.46 FRS 102 SORP).|
|---|---|---|---|
|Yes*<br>No*|ü|* -Tick as appropriate||
|||||
|**_Please disclose_**|**_:_**|||
|**_(i) the nature of_**|**_any chan_**|**_ges;_**|N/A|
|**_(ii) the effect of_**<br>**_assets and liabi_**|**_the chan_**<br>**_lities for t_**|**_ge on income and expense or_**<br>**_he current period; and_**|N/A|
|**_(iii) where pract_**<br>**_more future per_**|**_icable, th_**<br>**_iods._**|**_e effect of the change in one or_**|N/A|



## **1.5 Material prior year errors** 

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP). 

|Yes*<br>No*<br>**_Please disclose_**|ü|* -Tick as appropriate|* -Tick as appropriate|
|---|---|---|---|
|||||
||**_:_**|||
|**_(i) the nature of_**|**_the prior_**|**_period error;_**|N/A|
|**_(ii) for each prio_**<br>**_amount of the c_**<br>**_affected; and_**|**_r period_**<br>**_orrection_**|**_presented in the accounts, the_**<br>**_for each account line item_**|N/A|
|**_(iii) the amount_**<br>**_earliest prior pe_**|**_of the cor_**<br>**_riod pres_**|**_rection at the beginning of the_**<br>**_ented in the accounts._**|N/A|



CC17a (Excel) 

07/29/2024 

3 



## **Section C                                            Notes to the accounts** 

## **Note 2                           Accounting policies** 

_Please complete this note when first reporting under FRS2102.  Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._ 

## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE** 

Not a change in accounting policy as such, but 2023/24 is the first year of preparing the accounts on an accruals basis and therefore in line with the Charities SORP. This decision was made as the income and expenditure of the charity have grown and are likely to meet the threshold that requires accruals accounting in the near future. **Please provide a description of the nature of each change** No reconciliation required as previously stated funds remain appropriate. **in accounting policy** It should also be noted that the prior year comparative figures only cover a 6 month period of transactions; the charity became a CIO on 1st October 2022. Therefore transactions relating to 1st April - 30th September 2022 are recognised in the 2022/23 accounts of the previous charity number 1176418. 

_**Reconcilation of funds per previous GAAP to funds determined under FRS 102**_ **Start of End of period period £ £ Fund balances as previously stated** _**Adjustments:**_ 

## **Fund balance as restated** 

_**Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_ **End of period£ Net income/(expenditure) as previously stated** _**Adjustments:**_ **Previous period net income/(expenditure) as restated** 

CC17a (Excel) 

07/29/2024 

4 



**Section C                                            Notes to the accounts                                                        (cont)** 

## **Note 2                           Accounting policies 2.2 INCOME** 

_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a".  Where a different or additional policy has been adopted then this is detailed in the box below._ 

|**Recognition of income**<br>These are included in the Statement of Financial Activities (SoFA) when:<br>**Offsetting**<br>**Grants and donations**<br>**Legacies**<br>**Government grants**<br>The charity has received government grants in the reporting period<br>**Donated goods**<br>**Support costs**<br>The charity has incurred expenditure on support costs.<br>**Volunteer help**<br>· the charity becomes entitled to the resources;<br>·       it is more likely than not that the trustees will receive the resources; and<br>· the monetary value can be measured with sufficient reliability.<br>There has been no offsetting of assets and liabilities, or income and expenses, unless required or<br>permitted by the FRS 102 SORP or FRS 102.<br>Grants and donations are only included in the SoFA when the general income<br>recognition criteria are met (5.10 to 5.12 FRS102 SORP).<br>In the case of performance related grants, income must only be recognised to the extent<br>that the charity has provided the specified goods or services as entitlement to the grant<br>only occurs when the performance related conditions are met (5.16 FRS 102 SORP).<br>Legacies are included in the SOFA when receipt is probable, that is, when there has<br>been grant of probate, the executors have established that there are sufficient assets in<br>the estate and any conditions attached to the legacy are either within the control of the<br>charity or have been met.<br>**Tax reclaims on donations**<br>**and gifts**<br>Gift Aid receivable is included in income when there is a valid declaration from the donor.<br>Any Gift Aid amount recovered on a donation is considered to be part of that gift and is<br>treated as an addition to the same fund as the initial donation unless the donor or the<br>terms of the appeal have specified otherwise.<br>**Contractual income and**<br>**performance related**<br>**grants**<br>This is only included in the SoFA once the charity has provided the related goods or<br>services or met the performance related conditions.<br>Donated goods are measured at fair value (the amount for which the asset could be<br>exchanged) unless impractical to do so.<br>The cost of any stock of goods donated for distribution to beneficiaries is deemed to be<br>the fair value of those gifts at the time of their receipt and they are recognised on receipt.<br>In the reporting period in which the stocks are distributed, they are recognised as an<br>expense at the carrying amount of the stocks at distribution.<br>Donated goods for resale are measured at fair value on initial recognition, which is the<br>expected proceeds from sale less the expected costs of sale, and recognised in 'Income<br>from other trading activities' with the corresponding stock recognised in the balance<br>sheet.  On its sale the value of stock is charged against 'Income from other trading<br>activities' and the proceeds from  sale are also recognised as 'Income from other trading<br>activities'.<br>Goods donated for on-going use by the charity are recognised as tangible fixed assets<br>and included in the SoFA as incoming resources when receivable.<br>Gifts in kind for use by the charity are included in the SoFA as income from donations<br>when receivable.<br>**Donated services and**<br>**facilities**<br>Donated services and facilities are included in the SOFA when received at the value of<br>the gift to the charity provided the value of the gift can be measured reliably.<br>Donated services and facilities that are consumed immediately are recognised as<br>income with an equivalent amount recognised as an expense under the appropriate<br>heading in the SOFA.<br>The value of any voluntary help received is not included in the accounts but is described<br>in the trustees’ annual report.<br>**Income from interest,**<br>**royalties and dividends**<br>This is included in the accounts when receipt is probable and the amount receivable can<br>be measured reliably.<br>**Income from membership**<br>**subscriptions**<br>Membership subscriptions received in the nature of a gift are recognised in Donations<br>and Legacies.<br>Membership subscriptions which gives a member the right to buy services or other|Yes<br>No<br>N/a|Yes<br>No<br>N/a|Yes<br>No<br>N/a|
|---|---|---|---|
||ü|||
||Yes<br>No<br>N/a<br>|||
||ü<br>|||
||Yes<br>No<br>N/a|||
||ü|||
||Yes<br>No<br>N/a|||
||||ü|
||Yes<br>No<br>N/a|||
||||ü|
||Yes<br>No<br>N/a|||
|||ü||
||Yes<br>No<br>N/a|||
||ü|||
||Yes<br>No<br>N/a|||
||||ü|
||Yes<br>No<br>N/a|||
||||ü|
||Yes<br>No<br>N/a|||
||||ü|
||Yes<br>No<br>N/a|||
||||ü|
||Yes<br>No<br>N/a|||
||||ü|
||Yes<br>No<br>N/a|||
||||ü|
||Yes<br>No<br>N/a|||
||ü|||
||Yes<br>No<br>N/a|||
||ü|||
||Yes<br>No<br>N/a|||
||ü|||
||Yes<br>No<br>N/a|||
||ü|||
||Yes<br>No<br>N/a|||
||ü|||
||Yes<br>No<br>N/a|||
||||ü|
||Yes<br>No<br>N/a|||





||Membership subscriptions which gives a member the right to buy services or other||
|---|---|---|
||benefits are recognised as income earned from the provision of goods and services as<br>income from charitable activities.||
|**Settlement of insurance**<br>**claims**|Insurance claims are only included in the SoFA when the general income recognition<br>criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other<br>income in the SoFA.||
|**Investment gains and**|This includes any realised or unrealised gains or losses on the sale of investments and||
|**losses**|any gain or loss resulting from revaluing investments to market value at the end of the||
||year.||
|**2.3 EXPENDITURE**|**AND LIABILITIES**||
|**Liability recognition**|Liabilities are recognised where it is more likely than not that there is a legal or||
||constructive obligation committing the charity to pay out resources and the amount of the<br>obligation can be measured with reasonable certainty.||
|**Governance  and support**<br>**costs**|Support costs have been allocated between governance costs and other support.<br>Governance costs comprise all costs involving public accountability of the charity and its<br>compliance with regulation and good practice.||
||Support costs include central functions and have been allocated to activity cost||
||categories on a basis consistent with the use of resources, eg allocating property costs<br>by floor areas, or per capita, staff costs by the time spent and other costs by their usage.||
|**Grants with performance**<br>**conditions**|Where the charity gives a grant with conditions for its payment being a specific level of<br>service or output to be provided, such grants are only recognised in the SoFA once the<br>recipient of the grant has provided the specified service or output.||
|**Grants payable without**<br>**performance conditions**|Where there are no conditions attaching to the grant that enables the donor charity to<br>realistically avoid the commitment, a liability for the full funding obligation must be<br>recognised.||
|**Redundancy cost**|The charity made no redundancy payments during the reporting period.||
|**Deferred income**|No material item of deferred income has been included in the accounts.||
|**Creditors**|The charity has creditors which are measured at settlement amounts less any trade<br>discounts||
|**Provisions for liabilities**|A liability is measured on recognition at its historical cost and then subsequently<br>measured at the best estimate of the amount required to settle the obligation at the<br>reporting date||
|**Basic financial**<br>**instruments**|The charity accounts for basic financial instruments on initial recognition as per<br>paragraph 11.7 FRS102 SORP.  Subsequent measurement is as per paragraphs 11.17<br>to 11.19, FRS102 SORP.||
|**2.4 ASSETS**|||
|**Tangible fixed assets for**|These are capitalised if they can be used for more than one year, and cost at least||
|**use by charity**|||
||They are valued at cost.||
||The depreciation rates and methods used are disclosed in note 9.2.||
|**Intangible fixed assets**|The charity has intangible fixed assets, that is, non-monetary assets that do not have||
||physical substance but are identifiable and are controlled by the charity through custody||
||or legal rights.  The amortisation rates and methods used are disclosed in note 9.5||
||They are valued at cost.||
|**Heritage assets**|The charity has heritage assets, that is, non-monetary assets with historic, artistic,<br>scientific, technological, geophysical or environmental qualities that are held  and||
||maintained principally for their contribution to knowledge and culture.  The depreciation<br>rates and methods used as disclosed in note 9.6.1.4.||
||They are valued at cost.||
|**Investments**|Fixed asset investments in quoted shares, traded bonds and similar investments are||
||valued at initially at cost  and subsequently at fair value (their market value) at the year||
||end.  The same treatment is applied to unlisted investments unless fair value cannot be<br>measured reliably in which case it is measured at cost less impairment.||
||Investments held for resale or pending their sale and cash and cash equivalents with a||
||maturity date of less than 1 year are treated as current asset investments||
|**Stocks and work in**|Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net||
|**progress**|realisable value.||
||Goods or services provided as part of a charitable activity are measured at net realisable value||
||based on the service potential provided by items of stock.||



|||ü|
|---|---|---|
|Yes<br>No<br>N/a|||
|||ü|
|Yes<br>No<br>N/a|||
|||ü|
|Yes<br>No<br>N/a|||
|ü|||
|Yes<br>No<br>N/a|||
|||ü|
|Yes<br>No<br>N/a|||
|ü|||
|Yes<br>No<br>N/a|||
|||ü|
|Yes<br>No<br>N/a|||
|||ü|
|Yes<br>No<br>N/a|||
|ü|||
|Yes<br>No<br>N/a|||
|ü|||
|Yes<br>No<br>N/a|||
|ü|||
|Yes<br>No<br>N/a|||
|||ü|
|Yes<br>No<br>N/a|||
|ü|||
|Yes<br>No<br>N/a|||
|||ü|
|Yes<br>No<br>N/a|||
||ü||
|Yes<br>No<br>N/a|||
|||ü|
|Yes<br>No<br>N/a|||
||ü||
|Yes<br>No<br>N/a|||
|||ü|
|Yes<br>No<br>N/a|||
|||ü|
|Yes<br>No<br>N/a|||
|||ü|
|Yes<br>No<br>N/a|||
|||ü|
|Yes<br>No<br>N/a|||
|||ü|
|Yes<br>No<br>N/a|||



W k i i l d l f bl l h i lik l h 



|Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.<br>**Debtors**<br>**Current asset investments**<br>They are valued at fair value except where they qualify as basic financial instruments.<br>Debtors (including trade debtors and loans receivable) are measured on initial recognition at<br>settlement amount after any trade discounts or amount advanced by the charity.  Subsequently,<br>they are measured at the cash or other consideration expected to be received.<br>The charity has has investments which it holds for resale or pending their sale and cash and<br>cash equivalents with a maturity date less than one year. These include cash on deposit and<br>cash equivalents with a maturity date of less than one year held for investment purposes rather<br>than to meet short term cash commitments as they fall due.||||ü|
|---|---|---|---|---|
||Yes<br>No<br>N/a||||
|||||ü|
||Yes<br>No<br>N/a||||
|||ü|||
||Yes<br>No<br>N/a||||
|||ü|||



**POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE** 

## **N/A** 



**Section C                                            Notes to the accounts                                                        (cont)** 

## **Note 3                           Analysis of income** 

|**Note 3                           Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**|
|---|---|---|---|---|---|---|
|**Analysis**<br>**Total funds**<br>**Prior year**<br>**£**<br>**£**<br>Donations andgifts<br>31,405        1,497               -         32,903     72,422<br>Gift Aid<br>1,433             -                 -           1,433          224<br>Legacies<br>-               -                 -                 -               -<br>39,205      15,500               -         54,705     75,765<br>1,739             -                 -           1,739       1,087<br>Donatedgoods,facilities and  services<br>62,351             -                 -         62,351     27,472<br>Other<br>-               -                 -                 -<br>**Total**136,134      16,997               -       153,131   176,970<br>-               -                 -                 -               -<br>-               -                 -                 -               -<br>-               -                 -                 -               -<br>Other<br>-               -                 -                 -               -<br>**Total**-               -                 -                 -               -<br>-               -                 -                 -               -<br>-               -                 -                 -               -<br>-               -                 -                 -               -<br>Other<br>-               -                 -                 -               -<br>**Total**-               -                 -                 -               -<br>Interest income<br>4,564             -                 -           4,564       1,019<br>Dividend income<br>-               -                 -                 -               -<br>Rental and leasingincome<br>-               -                 -                 -               -<br>Other<br>-               -                 -                 -               -<br>**Total**4,564             -                 -           4,564       1,019<br>-               -                 -                 -               -<br>-               -                 -                 -               -<br>-               -                 -                 -               -<br>-               -                 -                 -               -<br>**Total**-               -                 -                 -               -<br>**Other:**<br>Conversion of endowment funds into income<br>-               -                 -                 -               -<br>-               -                 -                 -               -<br>-               -                 -                 -               -<br>-               -                 -                 -               -<br>Other<br>-               -                 -                 -               -<br>**Total**-               -                 -                 -               -<br>**TOTAL INCOME**<br>140,698      16,997               -       157,695   177,989<br>**Other information:**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**Donations**<br>**and legacies:**<br>General grants provided by government/other<br>charities<br>Membership subscriptions and sponsorships<br>which are in substance donations<br>**Charitable**<br>**activities:**<br>**Other trading**<br>**activities:**<br>**Income from**<br>**investments:**<br>**Separate**<br>**material item**<br>**of income:**<br>Gain on disposal of a tangible fixed asset held<br>for charity's own use<br>Gain on disposal of a programme related<br>investment<br>Royalties from the exploitation of intellectual<br>propertyrights|**Analysis**<br>**Total funds**<br>**Prior year**<br>**£**<br>**£**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**||||||
||Donations andgifts|31,405|1,497|-|32,903|72,422|
||Gift Aid|1,433|-|-|1,433|224|
||Legacies|-|-|-|-|-|
||General grants provided by government/other<br>charities|39,205|15,500|-|54,705|75,765|
||Membership subscriptions and sponsorships<br>which are in substance donations|1,739|-|-|1,739|1,087|
||Donatedgoods,facilities and  services|62,351|-|-|62,351|27,472|
||Other|-|-|-|-||
||**Total**|136,134|16,997|-|153,131|176,970|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
||Interest income|4,564|-|-|4,564|1,019|
||Dividend income|-|-|-|-|-|
||Rental and leasingincome|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|4,564|-|-|4,564|1,019|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
||Conversion of endowment funds into income|-|-|-|-|-|
||Gain on disposal of a tangible fixed asset held<br>for charity's own use|-|-|-|-|-|
||Gain on disposal of a programme related<br>investment|-|-|-|-|-|
||Royalties from the exploitation of intellectual<br>propertyrights|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|||140,698|16,997|-|157,695|177,989|
||||||||
|**All income in the prior year was unrestricted except for: (please**<br>**provide description and amounts)**||<br>24,045 donations to Driving Ahead scheme via Christmas<br>appeal;<br>8,365 donation to Outdoor Club from National Lottery<br>CommunityFund;|||||
|**Where any endowment fund is converted into income in the**<br>**reporting period, please give the reason for the conversion.**<br>**Where any endowment fund is converted into income in the**<br>**prior period, please give the reason for the conversion.**|||||||
|||N/A|||||
||||||||
|||N/A|||||



CC17 (E l) 

07/29/2024 

8 



LBB donation in kind for salary of Operations Director (62,351 in **Within the income items above the following items are material:** 2023/24). There is an equal and opposite entry against **(please disclose the nature, amount and any prior year** Expenditure as there is no cash impact of this Donation in Kind. **amounts)** The figure is lower in the prior year (27,472) due to the prior year accounts reflecting only 6 months of activity under the new charity number of 1197754 when the charity converted to CIO status from 1st October 2022. 

CC17 (E l) 

07/29/2024 

9 



**Section C                                            Notes to the accounts                                                        (cont)** 

## **Note 4                           Analysis of receipts of government grants** 

|**Government grant 1**<br>**Government grant 2**<br>**Government grant 3**<br>**Other**<br>**Government grant 1**<br>**Government grant 2**<br>**Government grant 3**<br>**Other**<br>**_Please provide details of any_**<br>**_unfulfilled conditions and other_**<br>**_contingencies attaching to grants that_**<br>**_have been recognised in income._**<br>**_Please give details of other forms of_**<br>**_government assistance from which_**<br>**_the charity has directly benefited._**|**Description**<br>**This year**<br>**£**|**Description**<br>**This year**<br>**£**|**Description**<br>**This year**<br>**£**|
|---|---|---|---|
||N/A||-|
||||-|
||||-|
||||-|
||**Total**<br>**Description**||-|
||||**Last year**<br>**£**|
||||-|
||||-|
||||-|
||||-|
||**Total** -<br>**Thisyear**<br>**Lastyear**||-|
|||||
||**Thisyear**<br>**Lastyear**|||
|||||



CC17a (Excel) 

07/29/2024 

10 



**Section C                                            Notes to the accounts                                                        (cont)** 

## **Note 5                           Donated goods, facilities and services** 

|**Seconded staff - Operations Director**<br>**Use of property**<br>**Other**|**Thisyear**|**This year**<br>**Last year**<br>**£**<br>**£**|**This year**<br>**Last year**<br>**£**<br>**£**|
|---|---|---|---|
|||62,351|27,472|
|||-|-|
|||-|-|
|||62,351|27,472|
|||||
|||**Lastyear**||
|**Please provide details of the**<br>**accounting policy for the recognition**<br>**and valuation of donated goods,**<br>**facilities and services.**|Donated goods and facilities N/A.<br>Donated services and facilities are included in the<br>SOFA when received at the value of the gift to<br>the charity provided the value of the gift can be<br>measured reliably.<br>Donated services and facilities that are<br>consumed immediately are recognised as income<br>with an equivalent amount recognised as an<br>expense under the appropriate heading in the<br>SOFA.|<br> <br>Donated goods and facilities N/A.<br>Donated services and facilities are included in<br>the SOFA when received at the value of the<br>gift to the charity provided the value of the gift<br>can be measured reliably.<br>Donated services and facilities that are<br>consumed immediately are recognised as<br>income with an equivalent amount recognised<br>as an expense under the appropriate heading<br>in the SOFA.||
|**Please provide details of any unfulfilled**<br>**conditions and other contingencies**<br>**attaching to resources from donated**<br>**goods and services not recognised in**<br>**income.**<br>**Please give details of other forms of**<br>**other donated goods and services not**<br>**recognised in the accounts, eg**<br>**contribution of unpaid volunteers.**||||
||N/A<br>|N/A||
|||||
||Unpaid volunteers include bookkeeper and<br>independent reviewer of accounts|Unpaid volunteers include bookkeeper and<br>independent reviewer of accounts||



CC17a (Excel) 

07/29/2024 

11 



## **Section C                                            Notes to the accounts                                                (cont)** 

## **Note 6                           Analysis of expenditure** 

|**Analysis**<br>**Expenditure on raising funds:**|**This year**<br>**Last year**<br>**Total funds**<br>**Total funds**<br>**£**<br>**£**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income funds**<br>**Endowment**<br>**funds**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**|**This year**<br>**Last year**<br>**Total funds**<br>**Total funds**<br>**£**<br>**£**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income funds**<br>**Endowment**<br>**funds**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**|**This year**<br>**Last year**<br>**Total funds**<br>**Total funds**<br>**£**<br>**£**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income funds**<br>**Endowment**<br>**funds**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**|**This year**<br>**Last year**<br>**Total funds**<br>**Total funds**<br>**£**<br>**£**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income funds**<br>**Endowment**<br>**funds**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**|**This year**<br>**Last year**<br>**Total funds**<br>**Total funds**<br>**£**<br>**£**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income funds**<br>**Endowment**<br>**funds**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**|**This year**<br>**Last year**<br>**Total funds**<br>**Total funds**<br>**£**<br>**£**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income funds**<br>**Endowment**<br>**funds**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**|**This year**<br>**Last year**<br>**Total funds**<br>**Total funds**<br>**£**<br>**£**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income funds**<br>**Endowment**<br>**funds**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**|**This year**<br>**Last year**<br>**Total funds**<br>**Total funds**<br>**£**<br>**£**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income funds**<br>**Endowment**<br>**funds**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**|
|---|---|---|---|---|---|---|---|---|
|Incurred seeking donations|1,402|-|-|1,402|952|-|-|952|
|Incurred seeking legacies|-|-|-|-|-|-|-|-|
|Incurred seeking grants|20,475|-|-|20,475|10,525|||10,525|
|Operating membership schemes and<br>social lotteries|-|-|-|-||||-|
|Staging fundraising events|-|-|-|-||||-|
|Fundraising agents|-|-|-|-||||-|
|Operating charity shops|-|-|-|-||||-|
|Operating a trading company<br>undertaking non-charitable trading<br>activity|-|-|-|-||||-|
|Advertising, marketing, direct mail and<br>publicity|7,400|-|-|7,400|1,340|-|-|1,340|
|Start up costs incurred in generating<br>new source of future income|-|-|-|-|-|-|-|-|
|Database development costs|800|-|-|800|-|-|-|-|
|Other trading activities|-|-|-|-||||-|
|Investment management costs:|-|-|-|-||||-|
|Portfolio management costs|-|-|-|-|-|-|-|-|
|Cost of obtaining investment advice|-|-|-|-|-|-|-|-|
|Investment administration costs|-|-|-|-|-|-|-|-|
|Intellectual property licencing costs|-|-|-|-|-|-|-|-|
|Rent collection, property repairs and<br>maintenance charges|-|-|-|-|-|-|-|-|
||-|-|-|-|-|-|-|-|
|**Total expenditure on raising funds**|30,077|-|-|30,077|12,817|-|-|12,817|
|**Expenditure on charitable activities:**|||||||||
|Imagination Unlimited scheme|-|3,023|-|3,023|-|8,586|-|8,586|
|DrivingAhead scheme|-|52,269|-|52,269|-|23,110|-|23,110|
|Aspire Higher scheme|-|16,581|-|16,581|-|4,706|-|4,706|
|Outdoor Club scheme|-|27,097|-|27,097|-|14,090|-|14,090|
|Fifth project<br>(2022/23: Film Project<br>2023/24: Outward Bound)|11,221|-|-|11,221|-|4,443|-|4,443|
|XMAS Care Leavers vouchers<br>campaign|5,170|-|-|5,170|8,000|-|-|8,000|
|Other|122|-|-|122|55|-|-|55|
|**Total expenditure on charitable**<br>**activities**|16,513|98,970|-|115,483|8,055|54,935|-|62,990|
|**Separate material item of expense**|||||||||
||-|-|-|-|-|-|-|-|
||-|-|-|-|-|-|-|-|
||-|-|-|-|-|-|-|-|
|**Total**|-|-|-|-|-|-|-|-|
|**Other**|||||||||
|Wages - unrestricted fund element|69,365|-|-|69,365|47,900|-|-|47,900|
|Training,DBS checks andgovernance|913|-|-|913|823|-|-|823|
|IT Software and Consumables|1,066|-|-|1,066|151|-|-|151|



CC17a (Excel) 

07/29/2024 

12 



|Insurance and registrations|896|-|-|896|-|-|-|-|
|---|---|---|---|---|---|---|---|---|
|Bank interest and charges|60|-|-|60|30|-|-|30|
|Telephone and internet|322|-|-|322|174|-|-|174|
|General expenses|590|-|-|590|291|-|-|291|
|**Total other expenditure**<br>**TOTAL EXPENDITURE**|73,212|-|-|73,212|49,369|-|-|49,369|
||119,802|98,970|-|218,772|70,241|54,935|-|125,176|



## **Other information:** 

## **Analysis of expenditure on charitable activities** 

||**Thisyear**|**Thisyear**|**Thisyear**|**Thisyear**|**Lastyear**|**Lastyear**|**Lastyear**|**Lastyear**|
|---|---|---|---|---|---|---|---|---|
|**Activity or programme**|**Activities**<br>**undertaken**<br>**directly**|**Grant**<br>**funding of**<br>**activities**|**Support**<br>**Costs**|**Total this**<br>**year**|**Activities**<br>**undertaken**<br>**directly**|**Grant**<br>**funding of**<br>**activities**|**Support**<br>**Costs**|**Total last**<br>**year**|
||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**|
|Imagination Unlimited scheme|1,464|-|1,559|3,023|7,000|-|1,586|8,586|
|DrivingAhead scheme|29,727|-|22,542|52,269|9,277|-|13,833|23,110|
|Aspire Higher scheme|5,370|-|11,211|16,581|-|-|4,706|4,706|
|Outdoor Club scheme|14,267|-|12,830|27,097|3,982|-|10,108|14,090|
|Fifth project<br>(2022/23: Film Project<br>2023/24: Outward Bound)|1,629|-|9,592|11,221|3,070|-|1,373|4,443|
|Other(includes Christmas Voucher scheme|)5,292|-|-|5,292|8,055|-|-|8,055|
|**Total**|57,749|-|57,734|115,483|31,384|-|31,606|62,990|
||||||||||



CC17a (Excel) 

07/29/2024 

13 



## **Section C                                            Notes to the accounts                                                        (cont)** 

## **Note 7                   Extraordinary items** 

## _**Please explain the nature of each extraordinary item occurring in the period.**_ 

|**Extraordinary item 1**<br>**Extraordinary item 2**<br>**Extraordinary item 3**<br>**Extraordinary item 4**<br>**Total extrordinary item**|**Description**|**This year**<br>**Last year**<br>**£**<br>**£**|**This year**<br>**Last year**<br>**£**<br>**£**|
|---|---|---|---|
||N/A|-|-|
|||||
|||-|-|
|||-|-|
|||-|-|
|||||
|||-|-|
||**s**|-|-|



CC17a (Excel) 

07/29/2024 

14 



## **Section C                                            Notes to the accounts** 

## **Note 8                   Funds received as agent** 

## _**8.1   Please complete this note if the charity has agreed to administer the funds of another entity as its agent.  Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_ 

|||**Amount received**|**Amount received**|**Amountpaid out**|**Amountpaid out**|**Balance held atperiod end**|**Balance held atperiod end**|
|---|---|---|---|---|---|---|---|
|**Description/name of party**|**Related**<br>**party (Yes or**<br>**No)**|**Thisyear**<br>|**Lastyear**|**Thisyear**|**Lastyear**|**Thisyear**|**Lastyear**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|**N/A**||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|||-|-|-|-|-|-|
|**Total**||-|-|-|-|-|-|



_**8.2   Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the purchase of goods or services, please discose details of any balances outstanding between any participating members.**_ 

|**Description/name of party**|**Balance held atperiod end**|**Balance held atperiod end**|
|---|---|---|
||**Thisyear**|**Lastyear**|
||**£**|**£**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
|**Total**|-|-|



CC17a (Excel) 

07/29/2024 

15 



## **Section C                                            Notes to the accounts                                                        (cont)** 

## **Note 9                           Support Costs** 

_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_ 

## **This year** 

|**This year**|||||||
|---|---|---|---|---|---|---|
|**Support cost**<br>**(examples)**|**Raising funds**|**Activity 1 -**<br>**Imagination**<br>**Unlimited**<br>**Scheme**|**Activity 2 -**<br>**Driving Ahead**<br>**Scheme**|**Activity 3 -**<br>**Aspire Higher**<br>**Scheme**|**Activity 4 -**<br>**Outdoor Club**<br>**Scheme**|**Activity 5 -**<br>**Outward Bound**|
||**£**|**£**|**£**|||**£**|
|Governance|-|-|-|||-|
|Personnel|-|1,559|22,542|11,211|12,830|9,592|
||-|-|-|||-|
||-|-|-|||-|
|Other|-|-|-|||-|
|**Total**|-|1,559|22,542|11,211|12,830|9,592|



## **Last year** 

|**Last year**|||||||
|---|---|---|---|---|---|---|
|**Support cost**<br>**(examples)**|**Raising funds**|**Activity 1 -**<br>**Imagination**<br>**Unlimited**<br>**Scheme**|**Activity 2 -**<br>**Driving Ahead**<br>**Scheme**|**Activity 3 -**<br>**Aspire Higher**<br>**Scheme**|**Activity 4 -**<br>**Outdoor Club**<br>**Scheme**|**Activity 5 - Film**<br>**Project**|
||**£**|**£**|**£**|||**£**|
|Governance|-|-|-|||-|
|Personnel|-|1,586|13,833|4,706|10,108|1,373|
||-|-|-|||-|
||-|-|-|||-|



CC17a (Excel) 

07/29/2024 

16 



|Other|-|-|-|||-|
|---|---|---|---|---|---|---|
|**Total**|-|1,586|13,833|4,706|10,108|1,373|



_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_ 

Support costs include central functions and have been alloca consistent with the use of resources i.e. staff costs by the tim 

CC17a (Excel) 

07/29/2024 

17 




**----- Start of picture text -----**<br>
Grand total Basis of allocation<br>£ (Describe method)<br>                     -<br>N/A<br>             57,734<br>Final 2023/24 business plan which<br>shows proportion of each staff<br>member's time spent on delivering<br>each scheme. Those %s were<br>applied to the total individual staff<br>costs for the year to give the<br>support cost for each scheme. The<br>remaining % for each staff member<br>(i.e. not attributable to time spent<br>on a particular scheme) has been<br>included under 'Other expenditure -<br>Wages - unrestricted fund element'<br>within Note 6<br>                     -<br>                     -<br>                     -<br>             57,734<br>**----- End of picture text -----**<br>



**----- Start of picture text -----**<br>
Grand total Basis of allocation<br>£ (Describe method)<br>                     -<br>N/A<br>             31,606<br>Final 2022/23 business plan which<br>shows proportion of each staff<br>member's time spent on delivering<br>each scheme. Those %s were<br>applied to the total individual staff<br>costs for the year to give the<br>support cost for each scheme. The<br>remaining % for each staff member<br>(i.e. not attributable to time spent<br>on a particular scheme) has been<br>included under 'Other expenditure -<br>Wages - unrestricted fund element'<br>within Note 6<br>                     -<br>                     -<br>**----- End of picture text -----**<br>


CC17a (Excel) 

07/29/2024 

18 




**----- Start of picture text -----**<br>
                     -<br>             31,606<br>**----- End of picture text -----**<br>


ated to activity cost categories on a basis me spent. 

CC17a (Excel) 

07/29/2024 

19 



## **Section C                                            Notes to the accounts** 

## **Note 10                           Details of certain items of expenditure** 

## **10.1 Fees for examination of the accounts N/A** 

_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner.  If nothing was paid please enter '0' in the appropriate box(es).**_ 

|**Independent examiner’s fees**<br>**Assurance services other than audit or independent examination**<br>**Tax advisory fees**<br>**Other fees (for example: financial advice, consultancy, accountancy services) paid**<br>**to the independent examiner**|**This year**<br>**£**|**Last year**<br>**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|



CC17a (Excel) 

07/29/2024 

20 



## **Section C                                            Notes to the accounts                                              (cont)** 

## **Note 11                           Paid employees** 

## _**Please complete this note if the charity has any employees.**_ 

## **11.1 Staff Costs** 

|**11.1 Staff Costs**|||
|---|---|---|
|**Salaries and wages**<br>**Social security costs**<br>**Pension costs (defined contribution scheme)**<br>**Other employee benefits**<br>**Total staff costs**|**This year**<br>**£**|**Last year**<br>**£**|
||127,099|79,506|
||-|-|
||||
||-|-|
||127,099|79,506|



## **This year:** 

**Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party Last year:** 

LBB donation in kind for salary of Operations Director (62,351 in 2023/24 including oncosts). There is an equal and opposite entry against Expenditure as there is no cash impact of this Donation in Kind. Approximate employer pension costs included in that figure are 12,531 therefore total employee benefits (excluding employer pension costs) for Ops Director are 49,820 i.e. below the separate reporting requirement amount of 60k. 

**Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party** 

LBB donation in kind for salary of Operations Director. There is an equal and opposite entry against Expenditure as there is no cash impact of this Donation in Kind. The figure is lower in the prior year (27,472 including oncosts) due to the prior year accounts reflecting only 6 months of activity under the new charity number of 1197754 when the charity converted to CIO status from 1st October 2022. 

_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards.  If there are no such transactions, please enter 'true' in the box provided.**_ 

**No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000** 

**1** 

|**Band**|**Number of employees**|**Number of employees**|
|---|---|---|
||**This year**<br>-|**Last year**<br>-|
|**£60,000 to £69,999**|||
|**£70,000 to £79,999**|-|-|
|**£80,000 to £89,999**|-|-|
|**£90,000 to £99,999**|-|-|
|**£100,000 to £109,999**|-|-|
||||
||||
||**This year**|**Last year**|



CC17a (Excel) 

07/29/2024 

21 



**£ £ Please provide the total amount paid to key management** 127,099                       79,506 **personnel (includes trustees and senior management) for their services to the charity.  For specific amounts paid to trustees, see Note 28.** 

CC17a (Excel) 

07/29/2024 

22 



**11.2 Average head count in the year The parts of the charity in which the employees work** 

||**This year**<br>**Number**|**Last year**<br>**Number**|
|---|---|---|
|**Fundraising**|-|-|
|**Charitable Activities**|2.4|2.4|
|**Governance**|-|-|
|**Other**|-|-|
|**Total**|<br>2.4|2.4|



## **11.3 Ex-gratia payments to employees and others (excluding trustees) - N/A** _**Please complete if an ex-gratia payment is made.**_ 

**Please explain the nature of the payment** 

**This year Last year** 

**Please state the legal authority or reason for making the payment** 

**This year Last year** 

|**Please state the amount of the payment (or value of any waiver of**<br>**a right to an asset)**|**Thisyear**|**Lastyear**|
|---|---|---|
||**£**<br>-|**£**<br>-|



CC17a (Excel) 

07/29/2024 

23 



## **11.4 Redundancy payments - N/A** 

## _**Please complete if any redundancy or termination payment is made in the period.**_ 

|**Total amount of payment**<br>**The extent of redundancy funding at the balance sheet date**<br>**The nature of the payment (cash, asset**<br>**etc.)**<br>**Please state the accounting policy for any redundancy or**<br>**termination payments**|**Thisyear**|**Lastyear**|
|---|---|---|
||**£**<br>-|**£**<br>-|
||||
||||
||||
||**Thisyear**|**Lastyear**|
||**£**<br>-|**£**<br>-|
||||
||||



CC17a (Excel) 

07/29/2024 

24 



## **Section C                                            Notes to the accounts                                                        (cont)** 

**Note 12                       Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme. N/A** 

## _**12.1   Please complete this note if a defined contribution pension scheme is operated.**_ 

|**Amount of contributions recognised in the SOFA as an expense**<br>**Please explain the basis for allocating the liability and expense of**<br>**defined contribution pension scheme between activities and**<br>**between restricted and unrestricted funds.**|**Thisyear**|**Lastyear**|
|---|---|---|
||**£**<br>-|**£**|
|||-|
||||
||||



_**12.2  Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_ 

**Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.** 

**Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity for this year and last year, if different** 

_**12.3  Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_ 

**Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan.  If this is different for last year, provide details** 

**Provide an explanation of how any liability arising from an agreement with a multi-employer plan to fund a deficit has been determined.  If this is different for last year, provide details** 

CC17a (Excel) 

07/29/2024 

25 



## **Section C                                            Notes to the accounts                                                        (cont)** 

## **Note 13                           Grantmaking N/A** 

_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_ 

## **This year:** 

## **13.1 Analysis of grants paid (included in cost of charitable activities)** 

|**Analysis**|**Grants to**<br>**institutions**|**Grants to individuals**|**Support costs**|**Total**|
|---|---|---|---|---|
||||**£**|**£**|
|Activityorproject 1|-|-|-|-|
|Activityorproject 2|-|-|-|-|
|Activityorproject 3|-|-|-|-|
|Activityorproject 4|-|-|-|-|
|**_Total_**|**-**|**-**|**-**|**-**|



## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_ 

## **13.2 Grants made to institutions** 

|**_My charity has made grants to particular institutions that are material in the_**<br>**_context of its grantmaking.  Details of the institution supported, purpose of the_**<br>**_grant and total paid to each institution is available on the charity's web site._**|**_My charity has made grants to particular institutions that are material in the_**<br>**_context of its grantmaking.  Details of the institution supported, purpose of the_**<br>**_grant and total paid to each institution is available on the charity's web site._**|**_Yes_**|**_Please provide_**<br>**_details of charity's_**<br>**_URL._**|
|---|---|---|---|
|||**_No_**|**_Provide details_**<br>**_below_**|
|||||
|**Names of institution**|**Purpose**||**Total amount of**<br>**grants paid £**|
||||-|
||||-|
||||-|
||||-|
||||-|
||||-|
||||-|
||||-|
||||-|
||||-|
|**_Total grants to institutions in reporting period_**<br>**_Other unanalysed grants_**<br>**_TOTAL GRANTS PAID_**|||**-**|
||||-|
||||-|



CC17a (Excel) 

07/29/2024 

26 



## **Last year:** 

|**Last year:**|**Last year:**|**Last year:**|**Last year:**|**Last year:**|
|---|---|---|---|---|
|**13.3 Analysis ofgrantspaid(included in cost of charitable activities)**|||||
|**Analysis**|**Grants to**<br>**institutions**|**Grants to individuals**|**Support costs**<br>**£**|**Total**<br>**£**|
|Activityorproject 1|-|-|-|**-**|
|Activityorproject 2|-|-|-|**-**|
|Activityorproject 3|-|-|-|**-**|
|Activityorproject 4|-|-|-|**-**|
|**_Total_**|**-**|**-**|**-**|**-**|



## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_ 

## **13.4 Grants made to institutions** 

_**Please provide details of charity's URL. My charity has made grants to particular institutions that are material in the Yes context of its grantmaking.  Details of the institution supported, purpose of the grant and total paid to each institution is available on the charity's web site. Provide details No below**_ 

|**Names of institution**|**Purpose**|**Total amount of**<br>**grantspaid £**|
|---|---|---|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|**_Total grants to institutions in reporting period_**<br>**_Other unanalysed grants_**<br>**_TOTAL GRANTS PAID_**||**-**|
|||-|
|||-|



CC17a (Excel) 

07/29/2024 

27 



## **Section C                                            Notes to the accounts                                         (cont)** 

## **Note 14                           Tangible fixed assets N/A** _**Please complete this note if the charity has any tangible fixed assets**_ 

## **14.1 Cost or valuation** 

|At the beginning of the year<br>Additions<br>Revaluations<br>Disposals<br>Transfers *<br>At end of the year<br>**14.2 Depreciation and impairments**<br>****Basis**<br>**** Rate**<br>At beginning of the year<br>Disposals<br>Depreciation<br>Impairment<br>Transfers*<br>At end of the year<br>**14.3 Net book value**<br>Net book value at the beginning of the year<br>Net book value at the end of the year|**£**<br>**Freehold land &**<br>**buildings**|**£**<br>**Other land &**<br>**buildings**|**£**<br>**Plant,**<br>**machinery and**<br>**motor vehicles**|**£**<br> <br>**Fixtures, fittings**<br>**and equipment**|**Total**<br>**£**|
|---|---|---|---|---|---|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
||SL or RB (Straight<br>Line or Reducing<br>Balance)|SL or RB|SL or RB|SL or RB|SL or RB|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|



CC17a (Excel) 

07/29/2024 

28 



## **14.4  Impairment** 

_**This year:  Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss. Last year:  Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ 

|**14.5  Revaluation**<br>**_If an accounting policy of revaluation is adopted, please provide:_**<br>**_the effective date of the revaluation_**<br>**_the name of independent valuer, if applicable_**<br>**_the methods applied and significant assumptions_**<br>**_the carrying amount that would have been recognised had the assets been_**<br>**_carried under the cost model._**|**This year**<br>**Last year**|**This year**<br>**Last year**|
|---|---|---|
||||
||||
||||
||-|-|
||||



## **14.6  Other disclosures** 

|**_(i)   Please state the amount of borrowing costs, if any, capitalised in the construction of_**<br>**_tangible fixed assets and the capitalisation rate used._**<br>**_(ii)   Please provide the amount of contractual commitments for the acquisition of tangible fixed_**<br>**_assets._**<br>**_(iii)   Details of the existence and carrying amounts of property, plant and_**<br>**_equipment to which the charity has restricted title or that are pledged as security_**<br>**_for liabilities._**|**Thisyear**|**Lastyear**|
|---|---|---|
||**£**|**£**|
||-|-|
||-<br>|-|
||||



_*  The "transfers" row is for movements between fixed asset categories._ 

_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._ 

CC17a (Excel) 

07/29/2024 

29 



## **Section C                                            Notes to the accounts                                                    (cont)** 

## **Note 15                          Intangible assets N/A** 

## _**Please complete this note if the charity has any intangible assets**_ 

## **15.1 Cost or valuation** 

|At beginning of the year<br>Additions<br>Disposals<br>Revaluations<br>Transfers *<br>At end of the year|**£**<br>**Research &**<br>**development**|**£**<br>**Patents and**<br>**trademarks**|**Other**<br>**£**|**Total**<br>**£**|
|---|---|---|---|---|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|



## **15.2 Amortisation and impairments** 

|****Basis**<br>**** Rate**<br>At beginning of the year<br>Disposals<br>Amortisation<br>Impairment<br>Transfers*<br>At end of year<br>**15.3 Net book value**<br>Net book value at the beginning<br>of the year<br>Net book value at the end of the<br>year|SL or RB|SL or RB|SL or RB|SL or RB|Straight Line<br>("SL") or<br>Reducing<br>Balance<br>("RB")|
|---|---|---|---|---|---|
|||||||
||-                      -                      -                      -<br>-                      -                      -                      -<br>-                      -                      -                      -<br>-                      -                      -                      -<br>-                      -                      -                      -<br>-                      -                      -                      -<br>-                      -                      -                      -<br>-                      -                      -                      -|||||
||-|-|-|-||
||-|-|-|-||



## **15.4 Accounting policy** 

_**Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates**_ 

_**Policies for the recognition of any capital development**_ 

CC17a (Excel) 

07/29/2024 

30 



## **15.5 Impairment** 

**This year:** _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ **Last year:** _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ 

## **15.6 Revaluation** 

|**_If an accounting policy of revaluation is adopted, please provide:_**<br>**This year**<br>**Last year**<br>**_the effective date of the revaluation_**<br>**_the name of independent valuer, if applicable_**<br>**_the methods applied_**<br>**15.7 Other disclosures**<br>**_the carrying amount that would have been recognised had_**<br>**_the assets been carried under the cost model._**<br>**_(i)   If your intangible asset was acquired by way of grant,_**<br>**_provide value on initial recognition and carrying amount of_**<br>**_the asset._**<br>**_(ii)     Details of the carrying amounts of any intangible_**<br>**_assets to which the charity has restricted title or that are_**<br>**_pledged as security for liabilities._**<br>**_(iii)   Please provide the amount of contractual_**<br>**_commitments for the acquisition of intangible assets._**<br>**_(iv)  State the amount of research and development_**<br>**_expenditure recognised as expenditure in the year._**<br>**_(v)   Please detail the headings in the SOFA in which a_**<br>**_charge for amortisation of intangible assets is included._**<br>**_(vi)   For any material intangible assets, please provide a_**<br>**_description, its carrying amount and any remaining_**<br>**_amortisation period._**|**_If an accounting policy of revaluation is adopted, please provide:_**<br>**This year**<br>**Last year**<br>**_the effective date of the revaluation_**<br>**_the name of independent valuer, if applicable_**<br>**_the methods applied_**<br>**15.7 Other disclosures**<br>**_the carrying amount that would have been recognised had_**<br>**_the assets been carried under the cost model._**<br>**_(i)   If your intangible asset was acquired by way of grant,_**<br>**_provide value on initial recognition and carrying amount of_**<br>**_the asset._**<br>**_(ii)     Details of the carrying amounts of any intangible_**<br>**_assets to which the charity has restricted title or that are_**<br>**_pledged as security for liabilities._**<br>**_(iii)   Please provide the amount of contractual_**<br>**_commitments for the acquisition of intangible assets._**<br>**_(iv)  State the amount of research and development_**<br>**_expenditure recognised as expenditure in the year._**<br>**_(v)   Please detail the headings in the SOFA in which a_**<br>**_charge for amortisation of intangible assets is included._**<br>**_(vi)   For any material intangible assets, please provide a_**<br>**_description, its carrying amount and any remaining_**<br>**_amortisation period._**|**_If an accounting policy of revaluation is adopted, please provide:_**<br>**This year**<br>**Last year**<br>**_the effective date of the revaluation_**<br>**_the name of independent valuer, if applicable_**<br>**_the methods applied_**<br>**15.7 Other disclosures**<br>**_the carrying amount that would have been recognised had_**<br>**_the assets been carried under the cost model._**<br>**_(i)   If your intangible asset was acquired by way of grant,_**<br>**_provide value on initial recognition and carrying amount of_**<br>**_the asset._**<br>**_(ii)     Details of the carrying amounts of any intangible_**<br>**_assets to which the charity has restricted title or that are_**<br>**_pledged as security for liabilities._**<br>**_(iii)   Please provide the amount of contractual_**<br>**_commitments for the acquisition of intangible assets._**<br>**_(iv)  State the amount of research and development_**<br>**_expenditure recognised as expenditure in the year._**<br>**_(v)   Please detail the headings in the SOFA in which a_**<br>**_charge for amortisation of intangible assets is included._**<br>**_(vi)   For any material intangible assets, please provide a_**<br>**_description, its carrying amount and any remaining_**<br>**_amortisation period._**|
|---|---|---|
||**This year**|**Last year**|
||||
||||
||||
||||
||||
||||
||||
||||
||||
||||
||||



- _The "transfers" row is for movements between fixed asset categories._ 

_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._ 

CC17a (Excel) 

07/29/2024 

31 



## **Section C                                            Notes to the accounts                                                  (cont)** 

## **Note 16                           Heritage assets N/A** 

## _**Please complete this note if the charity has heritage assets**_ 

## **16.1 General disclosures for all charities holding heritage assets** 

**This year Last year** 

**(i)   Explain the nature and scale of heritage assets held. (ii)   Explain the policy for the acquisition, preservation, management and disposal of heritage assets.** 

## **16.2 Cost or valuation** 

|At beginning of the year<br>Additions<br>Disposals<br>Revaluations<br>Transfers *<br>At end of the year<br>**16.3 Depreciation and impairments**<br>****Basis**<br>**** Rate**<br>At beginning of the year<br>Disposals<br>Depreciation<br>Impairment<br>Transfers*<br>At end of year<br>**16.4 Net book value**<br>Net book value at the end of the year<br>Net book value at the beginning of the<br>year|**£**<br>**Heritage asset**<br>**1**|**£**<br>**Heritage asset**<br>**2**|**£**<br>**Heritage asset**<br>**3**|**£**<br>**Heritage asset**<br>**4**|**Total**<br>**£**|**Total**<br>**£**|
|---|---|---|---|---|---|---|
||-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
||-|-|-|-|-||
|||||||Straight Line<br>("SL") or<br>Reducing<br>Balance<br>~~(~~"~~RB~~"~~)~~|
||||||||
||-                       -                       -                       -                       -<br>-                       -                       -                       -                       -<br>-                       -                       -                       -                       -<br>-                       -                       -                       -                       -<br>-                       -                       -                       -                       -<br>-                       -                       -                       -                       -<br>-                       -                       -                       -                       -<br>-                       -                       -                       -                       -||||||
||-|-|-|-|-||
||-|-|-|-|-||



CC17a (Excel) 

07/29/2024 

32 



## **16.5 Impairment** 

## **This year** 

_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ 

## **Last year** 

_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ 

## **16.6 Revaluation** 

_**If an accounting policy of revaluation is adopted, please provide:**_ 

_**the effective date of the revaluation the name of independent valuer, if applicable qualifications of independent valuer the methods applied and significant assumptions any significant limitations on the valuation**_ 

**This year Last year** 

## **16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation** 

|Additions<br>Disposals<br>Depreciation/impairment<br>Revaluation<br>Carrying amount at the end of period<br>Carrying amount at the beginning of the<br>period|**£**<br>**At valuation**<br>**Group A**|**£**<br>**At cost Group**<br>**B**|**Total**<br>**£**|
|---|---|---|---|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|



## **16.8 Heritage assets (where heritage assets are not recoignised on the balance sheet)** 

|**(i)   Explain the reason why heritage**<br>**assets have not been recognised on**<br>**the balance sheet.**<br>**(ii)   Describe the significance and**<br>**nature of heritage assets.**<br>**(iii)   Disclose information that is**<br>**helpful in assessing the value of**<br>**heritage assets.**|**This year**|**Last year**|
|---|---|---|
||||
||||
||||



CC17a (Excel) 

07/29/2024 

33 



**(iv)   Explain the reason why it is not practicable to obtain a valuation of heritage assets.** 

CC17a (Excel) 

07/29/2024 

34 



## **16.9 Five year summary of heritage assets transactions** 

||**2015**|**2014**|**2013**|**2012**|**2011**|
|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**|**£**|
|**Purchases**<br>Group A<br>Group B<br>Group C<br>Other<br>**Donations**<br>Group A<br>Group B<br>Group C<br>Other<br>**Total additions**<br>**Charge for impairment**<br>Group A<br>Group B<br>Group C<br>Other<br>**Total charge for impairment**<br>**Disposals**<br>Group A - carrying amount<br>Group B - carrying amount<br>Group C<br>Other<br>**Total disposals**||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|||||
||-|||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|



CC17a (Excel) 

07/29/2024 

35 



## **Section C                                            Notes to the accounts                                                        (cont)** 

## **Note 17                         Investment assets N/A** 

_**Please complete this note if the charity has any investment assets.**_ 

## **17.1 Fixed assets investments (please provide for each class of investment)** 

|**Less: impairments**<br>**Add: Reversal of impairments**<br>Carrying (fair) value at end of year<br>Carrying (fair) value at beginning of<br>period<br>**Add:**additions to investments during<br>period*<br>**Less:**disposals at carrying value<br>**Add/(deduct):**transfer in/(out) in the<br>period<br>**Add/(deduct):**net gain/(loss) on<br>revaluation|**Cash & cash**<br>**equivalents**|<br>**Listed**<br>**investments**|**Investment**<br>**properties**|**Social**<br>**investments**|**Other**|**Total**|
|---|---|---|---|---|---|---|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|



***Please specify additions resulting from acquisitions through business combinations, if any.** 

_**Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction.  For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent.  For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.**_ 

## **17.2  Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.** 

## **This year: Analysis of investments** 

|**Analysis of investments**<br>**Cash or cash equivalents**<br>**Listed investments**<br>**Investment properties**<br>**Social investments**<br>**Total**<br>**Grand total (Fair value at year end+Cost less impairment)**<br>**Other investments**||||
|---|---|---|---|
||**Fair value at year end**|**Cost less impairment**||
||**£**|**£**||
||-|-||
||-|-||
||-|-||
||-|-||
||-|-||
||-|-||
||-|||



## **Last year: Analysis of investments** 

|**Analysis of investments**<br>**Cash or cash equivalents**<br>**Listed investments**<br>**Investment properties**<br>**Social investments**<br>**Total**<br>**Grand total (Fair value at year end+Cost less impairment)**<br>**Other investments**|||
|---|---|---|
||**Fair value at year end**|**Cost less impairment**|
||**£**|**£**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-||



CC17a (Excel) 

07/29/2024 

36 



## **17.3 If your charity holds investment properties, please complete the following note:** 

|**(i)   Explain the methods and significant assumptions in**<br>**determining the fair value of investment property held by the**<br>**charity**<br>**(ii)   Name or independent valuer, if applicable, and relevant**<br>**qualifications**<br>**(iii)   Provide details of any restrictions on the ability to realise**<br>**investment property or on the remittance of income or**<br>**disposal proceeds**<br>**(iv)   Explain any contractual obligations for the purchase,**<br>**construction or development of investment property or for**<br>**repairs, maintenance or enhancements**|**Thisyear**|**Lastyear**|
|---|---|---|
||||
||||
||||
||||



## **17.4  Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.** 

|**Analysis of current asset investments**<br>**Cash or cash equivalents**<br>**Listed investments**<br>**Investment properties**<br>**Social investments**<br>**Total**<br>**Other investments**|**This year**|**Last year**|
|---|---|---|
||**£**|**£**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|



## **17.5 Guarantees** 

|**Please explain how the guarantee furthers the charity's aims**<br>**Please provide details and amount of any guarantee made to**<br>**or on behalf of a third party**<br>**Name of the entity or entities benefitting from those**<br>**guarantees**|**Thisyear**|**Lastyear**|
|---|---|---|
||||
||||
||||



CC17a (Excel) 

07/29/2024 

37 



## **17.6 Concessionary loans** 

|**17.6 Concessionary loans**|||||
|---|---|---|---|---|
|**Amounts payable within 1 year**<br>**Amounts payable after more than 1 year**<br>**Amounts receivable within 1 year**<br>**Amounts receivable after more than 1 year**<br>**Amount of concessionary loans made (****_Multiple_**<br>**_loans made may be disclosed in aggregate provided_**<br>**_that such aggregation does not obsure significant_**<br>**_information_).**<br>**Amount of concessionary loans received****_(Multiple_**<br>**_loans received may be disclosed in aggregate provided_**<br>**_that such aggregation does not obsure significant_**<br>**_information)._**<br>**Terms and conditions eg interest rate, security**<br>**provided**<br>**Value of any concessionary loans which have**<br>**been committed but not taken up at the reporting**<br>**date**|**_Description_**||**This year £**|**Last year £**|
||||-|-|
||||-|-|
||||-|-|
||||-|-|
||**_Total_**||-|-|
||||||
||**_Description_**||**This year £**|**Last year £**|
||||-|-|
||||-|-|
||||-|-|
||**_Total_**||-|-|
||||||
||**This year**||**Last year**||
||||||
||||||
||||||
||||||
||||||
||||||



## **17.7 Additional information** 

**This year Last year** 

**Please provide information about the significance of investments to the charity's financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk.** 

**For all investments measured at fair value, the basis for determining the value, including any assumptions applied when using a valuation technique.** 

**Where a charity has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security and the terms and conditions relating to its pledge.** 

CC17a (Excel) 

07/29/2024 

38 



CC17a IExcell
39
0712912024

## **Section C                                     Notes to the accounts                                  (cont)** 

## **Note 18                         Stocks N/A** 

## _**Please complete this note if the charity holds any stock items**_ 

## **18.1  Please state the carrying amount of stock and work in progress analysed between activities.** 

|<br>**activities.**||||||
|---|---|---|---|---|---|
|**Stock**<br>**Donated goods**<br>**For resale**<br>**For resale**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**Charitable activities:**<br>**_Opening_**<br>-                   -                    -                 -                  -<br>**_Added in period_**<br>-                   -                    -                 -                  -<br>**_Expensed in period_**<br>-                   -                    -                 -                  -<br>**_Impaired_**<br>-                   -                    -                 -                  -<br>**_Closing_**<br>**-                   -                    -                 -                  -**<br>**Other trading activities:**<br>**_Opening_**<br>-                   -                    -                 -                  -<br>**_Added in period_**<br>-                   -                    -                 -                  -<br>**_Expensed in period_**<br>-                   -                    -                 -                  -<br>**_Impaired_**<br>-                   -                    -                 -                  -<br>**_Closing_**<br>**-                   -                    -                 -                  -**<br>**Other:**<br>**_Opening_**<br>-                   -                    -                 -                  -<br>**_Added in period_**<br>-                   -                    -                 -                  -<br>**_Expensed in period_**<br>-                   -                    -                 -                  -<br>**_Impaired_**<br>-                   -                    -                 -                  -<br>**_Closing_**<br>**-                   -                    -                 -                  -**<br>**Total this year**<br>-                   -                    -                 -                  -<br>**_Total previous year_**<br>-                   -                    -                 -                  -<br>**This year**<br>**Last year**<br>**£**<br>**£**<br>**Work in**<br>**progress**<br>**For**<br>**distribution**<br>**For**<br>**distribution**<br>**18.2   Please specify the carrying amount of any**<br>**stocks pledged as security for liabilities**|**Stock**||**Donated goods**||**Work in**<br>**progress**|
||**For**<br>**distribution**|**For resale**|**For**<br>**distribution**|**For resale**||
||**£**|**£**|**£**|**£**|**£**|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
|||**This year**||**Last year**||
|||**£**||**£**||
|||||||



CC17a (Excel) 

07/29/2024 

40 



## **Section C                                            Notes to the accounts                                               (cont)** 

## **Note 19                         Debtors and prepayments N/A** 

## _**Please complete this note if the charity has any debtors or prepayments.**_ 

|**Note 19                         Debtors and prepayments N/A**<br>**_Please complete this note if the charity has any_**<br>**_debtors or prepayments._**|||
|---|---|---|
|**19.1     Analysis of debtors**<br>**Trade debtors**<br>**Prepayments and accrued income**<br>**Other debtors**|**This year**<br>**£**|**Last year**<br>**£**|
||-|-|
||-|-|
||-|-|
||-|-|



## **Total** 

## _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_ 

## **19.2     Analysis of debtors recoverable in more than 1 year (included in debtors above)** 

|**Trade debtors**<br>**Prepayments and accrued income**<br>**Other debtors**<br>**Total**|**This year**<br>**£**|**Last year**<br>**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|



CC17a (Excel) 

07/29/2024 

41 



## **Section C                                          Notes to the accounts                                                   (cont)** 

## **Note 20                         Creditors and accruals** 

_**Please complete this note if the charity has any creditors or accruals.**_ 

## **20.1 Analysis of creditors** 

|**Accruals for grants payable**<br>**Bank loans and overdrafts**<br>**Trade creditors**<br>**Accruals and deferred income**<br>**Taxation and social security**<br>**Other creditors**<br>**Total**<br>**Payments received on account for contracts or**<br>**performance-related grants**|**Amounts falling due within**<br>**oneyear**|**Amounts falling due within**<br>**oneyear**|<br>**Amounts falling due after**<br>**more than oneyear**|<br>**Amounts falling due after**<br>**more than oneyear**|
|---|---|---|---|---|
||**This year**<br>**£**|**Last year**<br>**£**|**This year**<br>**£**|**Last year**<br>**£**|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||23,188|-|-|-|
||23,188|-|-|-|



## **20.2 Deferred income** 

## _**Please complete this note if the charity has deferred income.**_ 

|<br>**_Please explain the reasons why income is deferred._**<br>**_Movement in deferred income account_**<br>**Balance at the start of the reporting period**<br>**Amounts added in current period**<br>**Amounts released to income from previous periods**<br>**Balance at the end of the reporting period**|<br>**Thisyear**|**Lastyear**|**Lastyear**|
|---|---|---|---|
|||||
|||||
|||**This year**<br>**£**|**Last year**<br>**£**|
|||-|-|
|||-|-|
|||-|-|
|||-|-|



CC17a (Excel) 

07/29/2024 

42 



**Section C                                            Notes to the accounts                                               (cont)** 

## **Note 21  Provisions for liabilities and charges** 

## **N/A** 

_**Please complete this note if you have included in charity expenditure any provisions.  A provision is made when the charity has a liability of uncertain timing or amount.**_ 

## **21.1  Movements in recognised provisions and funding commitment during the period** 

|**Balance at the start of the reporting period**<br>**Amounts added in current period**<br>**Amounts charged against the provision in the current period**<br>**Unused amounts reversed during the period**<br>**Balance at the end of the reporting period**<br>**21.2  Please provide:**<br>**Thisyear**<br>**Thisyear**<br>**- a brief description of any obligations on the balance**<br>**sheet and the expected amount and timing of**<br>**resulting payments;**<br>**- an indication of the uncertainties about the amount**<br>**or timing of those outflows; and**<br>**- the amount of any expected reimbursement, stating**<br>**the amount of any asset that has been recognised for**<br>**that expected reimbursement.**<br>**21.3  For any funding commitment that is not**<br>**recognised as a liability or provision, provide details**<br>**of commitment made, the time frame of that**<br>**commitment, any performance-related conditions and**<br>**details of how the commitment will be funded (with**<br>**contracts for capital expenditure separately**<br>**identified).**<br>**21.4  Where unrestricted funds have been designated**<br>**to a fund commitment, please disclose the nature of**<br>**any amounts designated and the likely timing of that**<br>**expenditure.**|**Balance at the start of the reporting period**<br>**Amounts added in current period**<br>**Amounts charged against the provision in the current period**<br>**Unused amounts reversed during the period**<br>**Balance at the end of the reporting period**<br>**21.2  Please provide:**<br>**Thisyear**<br>**Thisyear**<br>**- a brief description of any obligations on the balance**<br>**sheet and the expected amount and timing of**<br>**resulting payments;**<br>**- an indication of the uncertainties about the amount**<br>**or timing of those outflows; and**<br>**- the amount of any expected reimbursement, stating**<br>**the amount of any asset that has been recognised for**<br>**that expected reimbursement.**<br>**21.3  For any funding commitment that is not**<br>**recognised as a liability or provision, provide details**<br>**of commitment made, the time frame of that**<br>**commitment, any performance-related conditions and**<br>**details of how the commitment will be funded (with**<br>**contracts for capital expenditure separately**<br>**identified).**<br>**21.4  Where unrestricted funds have been designated**<br>**to a fund commitment, please disclose the nature of**<br>**any amounts designated and the likely timing of that**<br>**expenditure.**|**This year**<br>**£**|**Last year**<br>**£**|
|---|---|---|---|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||**Lastyear**||
|||||
|||||
|||||
||**Thisyear**|**Lastyear**||
|||||
|||||
|||||



CC17a (Excel) 

07/29/2024 

43 



## **Section C                                            Notes to the accounts                                                        (cont)** 

## **Note 22   Other disclosures for debtors, creditors and other basic financial instruments** 

|**her basic financial instruments**||
|---|---|
|**This year**|**Last year**|
|No significant impact on financial<br>position. The one creditor is for<br>salary costs owed to the Council<br>from the charity at year end (24k),<br>that this was inflating the Council's<br>apparent assets i.e. the bank<br>balance. This could be misleading<br>to potential funders.|_N/A_|
|||
|_N/A_|_N/A_|



**22.1  Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.** 

**22.2  If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.** 

CC17a (Excel) 

07/29/2024 

44 



**Section C                                            Notes to the accounts                                                 (cont)** 

## **Note 23  Contingent liabilities and contingent assets N/A** 

## **23.1  Contingent liabilities** 

**Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.** 

## **This year** 

|**This year**||
|---|---|
|**Description of item including its legal nature.  Please**<br>**describe any security provided in connection to the**<br>**liability.**|**Estimate of financial effect**|
|||
|||
|||
|||



## **Last year** 

|**Lastyear**||
|---|---|
|**Description of item including its legal nature.  Please**<br>**describe any security provided in connection to the**<br>**liability.**|**Estimate of financial effect**|
|||
|||
|||
|||



## **23.2  Contingent assets** 

**Where the charity has contingent assets, please complete the following section when their existence is probable** 

## **This year** 

|**This year**|**This year**|
|---|---|
|**Description of item**<br>**Estimate of financial effect**||
|||
|||
|||
|||
|**Last year**<br>**Description of item**<br>**Estimate of financial effect**||
|||
|||
|||
|||



**23.4  Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:** 

**This year Last year** 

**Explain any uncertainties relating to the amount or timing of settlement; and the possibilty of any reimbursement Where it is not practical to make one or more of these disclosures, please state this fact** 

CC17a (Excel) 

07/29/2024 

45 



## **Section C                                            Notes to the accounts                                                        (cont)** 

## **Note 24                     Cash at bank and in hand** 

|**Short term cash investments (less than 3 months maturity date)**<br>**Short term deposits**<br>**Cash at bank and on hand**<br>**Other**<br>**Total**<br>CafCash account<br>10,042<br>CAF Gold account - balances<br>141,761<br>CAF Gold account - reserves<br>51,097<br>**202,900**|**This year**<br>**£**|**Last year**<br>**£**|
|---|---|---|
||-|-|
||-|-|
||202,900|240,788|
||-|-|
||202,900|240,788|
|Unrestricted<br>246,596.10<br>Restricted<br>-43,696.24<br>**Total**<br>**202,900 Agrees**|||



|CafCash account|10,042||
|---|---|---|
|CAF Gold account - balances|141,761||
|CAF Gold account - reserves|51,097||
||**202,900**||
|Unrestricted|246,596.10||
|Restricted|-43,696.24||
|**Total**|**202,900**|**Agrees**|



CC17a (Excel) 

07/29/2024 

46 



## **Section C                                            Notes to the accounts                                          (cont)** 

|**Note 25             Fair value of assets and liabilities**<br>N/A<br>**Thisyear**<br>**Lastyear**<br>**25.1  Please provide details of the charity's**<br>**exposure to credit risk (the risk of incurring a loss**<br>**due to a debtor not paying what is owed) , liquidity**<br>**risk (the risk of not being able to meet short term**<br>**financial demands) and market risk (the risk that**<br>**the value of an investment will fall due to changes**<br>**in the market) arising from financial instruments to**<br>**which the charity is exposed at the end of the**<br>**reporting period and explain how the charity**<br>**manages those risks.**<br>**25.2  Please give details of the amount of change in**<br>**the fair value of basic financial instruments**<br>**(debtors, creditors, investments (see section 11,**<br>**FRS 102 SORP)) measured at fair value through the**<br>**SoFA that is attributable to changes in credit risk.**|**Note 25             Fair value of assets and liabilities**<br>N/A<br>**Thisyear**<br>**Lastyear**<br>**25.1  Please provide details of the charity's**<br>**exposure to credit risk (the risk of incurring a loss**<br>**due to a debtor not paying what is owed) , liquidity**<br>**risk (the risk of not being able to meet short term**<br>**financial demands) and market risk (the risk that**<br>**the value of an investment will fall due to changes**<br>**in the market) arising from financial instruments to**<br>**which the charity is exposed at the end of the**<br>**reporting period and explain how the charity**<br>**manages those risks.**<br>**25.2  Please give details of the amount of change in**<br>**the fair value of basic financial instruments**<br>**(debtors, creditors, investments (see section 11,**<br>**FRS 102 SORP)) measured at fair value through the**<br>**SoFA that is attributable to changes in credit risk.**|**Note 25             Fair value of assets and liabilities**<br>N/A<br>**Thisyear**<br>**Lastyear**<br>**25.1  Please provide details of the charity's**<br>**exposure to credit risk (the risk of incurring a loss**<br>**due to a debtor not paying what is owed) , liquidity**<br>**risk (the risk of not being able to meet short term**<br>**financial demands) and market risk (the risk that**<br>**the value of an investment will fall due to changes**<br>**in the market) arising from financial instruments to**<br>**which the charity is exposed at the end of the**<br>**reporting period and explain how the charity**<br>**manages those risks.**<br>**25.2  Please give details of the amount of change in**<br>**the fair value of basic financial instruments**<br>**(debtors, creditors, investments (see section 11,**<br>**FRS 102 SORP)) measured at fair value through the**<br>**SoFA that is attributable to changes in credit risk.**|
|---|---|---|
||||
||||
||<br>||



CC17a (Excel) 

07/29/2024 

47 



|**Section C                                       Notes to the accounts                                      (cont)**|**Section C                                       Notes to the accounts                                      (cont)**|**Section C                                       Notes to the accounts                                      (cont)**|
|---|---|---|
|**Note 26                         Events after the end of the reporting period**<br>N/A<br>**Thisyear**<br>**Lastyear**<br>**_Please complete this note events (not requiring adjustment to the accounts)_**<br>**_have occurred after the end of the reporting period but before the accounts_**<br>**_are authorised which relate to conditions that arose after the end of the_**<br>**_reporting period_**<br>**Please provide details of the nature of the**<br>**event**<br>**Provide an estimate of the financial effect**<br>**of the  event or a statement that such an**<br>**estimate cannot be made**|||
||||
||||
||||



CC17a (Excel) 

07/29/2024 

48 



|**Section C                                            Notes to the accounts                                                        (cont)**|**Section C                                            Notes to the accounts                                                        (cont)**|**Section C                                            Notes to the accounts                                                        (cont)**|**Section C                                            Notes to the accounts                                                        (cont)**|**Section C                                            Notes to the accounts                                                        (cont)**|**Section C                                            Notes to the accounts                                                        (cont)**|**Section C                                            Notes to the accounts                                                        (cont)**|**Section C                                            Notes to the accounts                                                        (cont)**|**Section C                                            Notes to the accounts                                                        (cont)**||
|---|---|---|---|---|---|---|---|---|---|
|**Note 27                         Charity funds**||||||||||
|||||||||||
|**27.1 Details of material funds held and movements during the CURRENT reporting period**<br>**Fund names**<br>**Purpose and Restrictions**<br>**Income**<br>**Expenditure Transfers**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**_Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'._**<br>**_The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet._**<br>**_* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the_**<br>**_charity; and U - unrestricted funds_**<br>**Type**<br>**PE, EE**<br>**R or UR**<br>*****<br>**Fund**<br>**balances**<br>**brought**<br>**forward**<br>**Gains**<br>**and**<br>**losses**<br>**Fund balances**<br>**carried forward**||||||||||
|||||||||||
|||||||||||
|**Fund names**|||**£**<br>**Fund**<br>**balances**<br>**brought**<br>**forward**|**Income**<br>**£**|**Expenditure **<br>**£**|**Transfers**<br>**£**|**£**<br>**Gains**<br>**and**<br>**losses**|**£**<br>**Fund balances**<br>**carried forward**||
|||||||||||
|Aspire Higher|R|Scheme. Funded by a grant<br>specificallyfor thispurpose|18,934|-|-         16,581|-|-|2,353||
|Fifth Project: Film<br>Project(2022/23)|R|Scheme. Funded by a grant<br>specificallyfor thispurpose|1,955|-|-|-      1,955|-|-||
|Imagination Unlimited|R|Scheme. Funded by a grant<br>specificallyfor thispurpose|-|3,070|-           3,023|-|-|47||



CC17a (Excel) 

07/29/2024 

49 



|Outdoor Fire Club|R|Scheme. Funded by grants<br>specificallyfor thispurpose|1,690|6,500|-         27,097|-|-|-                18,907||
|---|---|---|---|---|---|---|---|---|---|
|DrivingAhead|R|Scheme. Funded by grants and<br>donations specifically for this<br>scheme|-|9,427|-         52,269|-|-|-                42,841||
|Reserves|U|Reserves policy. Cannot be<br>spent without Board approval|50,000|-|-|-|-|50,000||
|Cash and Balances|U|No restrictions|168,209|138,698|-       119,802|1,955|-|189,060||
||||-|-|-|-|-|-||
||||-|-|-|-|-|-||
||||-|-|-|-|-|-||
||||-|-|-|-|-|-||
||||-|-|-|-|-|-||
|**_Other funds_**|**N/a**|**N/a**|-|-|-|-|-|-||
|**Total Funds**|||240,788|157,695|-       218,771|-|-|179,712||



CC17a (Excel) 

07/29/2024 

50 



Funder agreed transfer to general funds on 14/5/24 

CC17a (Excel) 

07/29/2024 

51 



Negative balance. SORP guidance 2.15 says 'Expenditure attributable to a restricted fund may still be charged to it even if there is an insufficient balance on that fund at the time. However, expenditure should only be charged to a restricted fund in deficit when there is a realistic expectation that future income will be received to cover the shortfall, for example when a decision has been made to invite donations to that restricted fund.' Funding bids submitted for Outdoor Fire Club therefore think is acceptable to carry forward negative balance 

Negative balance. SORP guidance 2.15 says 'Expenditure attributable to a restricted fund may still be charged to it even if there is an insufficient balance on that fund at the time. However, expenditure should only be charged to a restricted fund in deficit when there is a realistic expectation that future income will be received to cover the shortfall, for example when a decision has been made to invite donations to that restricted fund.' Funding bids submitted for Driving Ahead therefore think is acceptable to carry forward negative 

CC17a (Excel) 

07/29/2024 

52 



**Section C                                            Notes to the accounts                                                        (cont)** 

## **Note 27                         Charity funds (cont)** 

## **27.2 Details of material funds held and movements during the PREVIOUS reporting period** 

_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'.  The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_ 

_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ 

|**_funds_**|||||||||
|---|---|---|---|---|---|---|---|---|
|**Fund names**|**Type PE, EE**<br>**R or UR ***|**Purpose and Restrictions**|**£**<br>**Fund**<br>**balances**<br>**brought**<br>**forward**|**Income**<br>**£**|**Expenditure**<br>**£**|**Transfers**<br>**£**|**£**<br>**Gains and**<br>**losses**|**£**<br>**Fund**<br>**balances**<br>**carried**<br>**forward**|
|Aspire Higher|R|Scheme. Funded by a grant specifically for<br>thispurpose|22,266|-|-            3,332|-|-|18,934|
|Film Project|R|Scheme. Funded by a grant specifically for<br>thispurpose|5,073|-|-            3,118|-|-|1,955|
|Imagination Unlimited|R|Scheme. Funded by a grant specifically for<br>thispurpose|2,240|-|-            2,240|-|-|-|
|Outdoor Fire Club|R|Scheme. Funded by grants specifically for<br>thispurpose|6,042|8,365|-          12,717|-|-|1,690|
|Reserves|U|Reserves policy. Cannot be spent without<br>Board approval. Decision to reduce made<br>during year|70,000|-|-|-         20,000|-|50,000|
|Cash and Balances|U|No restrictions|96,628|51,581|-|20,000|-|168,209|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
||||-|-|-|-|-|-|
|**_Other funds_**|**N/a**|**N/a**|-|-|-|-|-|-|
|**Total Funds**|||202,249|59,946|-          21,407|-|-|240,788|



CC17a (Excel) 

07/29/2024 

53 



## **Section C                                            Notes to the accounts                                                 (cont)** 

## **Note 27                         Charity funds (cont)** 

## **27.3  Transfers between funds** 

## **This year** 

||**Reason for transfer and where endowment is converted to income,**<br>**legal power for its conversion**|**Amount**|
|---|---|---|
|Between unrestricted and<br>restricted funds|Funder agreed transfer to general (unrestricted) funds on 14/5/24|1955|
|Between endowment and<br>restricted funds|||
|Between endowment and<br>unrestricted funds|||
||||



## **Last year** 

|**Lastyear**|||
|---|---|---|
||**Reason for transfer and where endowment is converted to income,**<br>**legal power for its conversion**|**Amount**|
|Between unrestricted and<br>restricted funds|Decision to reduce Reserves policy amount made during year|20000|
|Between endowment and<br>restricted funds|||
|Between endowment and<br>unrestricted funds|||
||||



## **27.4 Designated funds** 

## **This year** 

**Planned use Purpose of the designation Amount** 

## **Last year** 

**Planned use Purpose of the designation Amount** 

CC17a (Excel) 

07/29/2024 

54 



CC17a IExcell
55
0712912024

**Section C                                            Notes to the accounts                                                        (cont)** 

## **Note 28                         Transactions with trustees and related parties N/A** 

_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note.  If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_ 

## **28.1 Trustee remuneration and benefits** 

## **This year** 

**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)** 

_**In the period the charity has paid trustees remuneration and benefits.  Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_ 

|**Name of trustee**|**Legal authority (eg**<br>**order, governing**<br>**document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|---|---|---|
|||**Remuneration**|**Pension**<br>**contribution**|**Redundancy**<br>**(including**<br>**loss of**<br>**office)/ex**<br>**gratia**|**Other**|**TOTAL**|
|||**£**|**£**|**£**|**£**|**£**|
|||-|-|-|-|**-**|
|||-|-|-|-|**-**|
|||-|-|-|-|**-**|
|||-|-|-|-|**-**|



_**Please give details of why remuneration or other employment benefits were paid.**_ 

_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_ 

## **Last year** 

**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)** 

_**In the period the charity has paid trustees remuneration and benefits.  Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_ 

|**Name of trustee**|**Legal authority (eg**<br>**order, governing**<br>**document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|---|---|---|
|||**Remuneration**|**Pension**<br>**contribution**|**Redundancy**<br>**(including**<br>**loss of**<br>**office)/ex**<br>**gratia**|**Other**|**TOTAL**|
|||**£**|**£**||**£**|**£**|
|||-|-|-|-|**-**|
|||-|-|-|-|**-**|
|||-|-|-|-|**-**|
|||-|-|-|-|**-**|



_**Please give details of why remuneration or other employment benefits were paid.**_ 

_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_ 

CC17a (Excel) 

07/29/2024 

56 



## **28.2 Trustees' expenses** 

_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note.  If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_ 

**No trustee expenses have been incurred (True or False)** 

|**Type of expenses reimbursed**|**This year**|**Last year**|
|---|---|---|
||**£**|**£**|
|**Travel**|-|-|
|**Subsistence**|-|-|
|**Accommodation**|-|-|
|**Other (please specify):**|-|-|
||-|-|
|**TOTAL**|-|-|



**Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity** 

## **28.3 Transaction(s) with related parties** 

_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties.  If there are no such transactions, please enter 'true' in the box provided.**_ 

## **This year** 

**There have been no related party transactions in the reporting period (True or False)** 

|**Name of the trustee or**<br>**related party**|<br>**Relationship**<br>**to charity**|**Description of the**<br>**transaction(s)**|**Amount**|**Balance at**<br>**period end**|**Provision for bad debts**<br>**at period end**|<br>**Amounts**<br>**written off**<br>**during**<br>**reporting**<br>**period**|
|---|---|---|---|---|---|---|
||||**£**|**£**|**£**|**£**|
||||||||
||||||||
||||||||
||||||||



_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_ 

_**For any related party, please provide details of any guarantees given or received.**_ 

CC17a (Excel) 

07/29/2024 

57 



## **Last year** 

**There have been no related party transactions in the reporting period (True or False)** 

|**Name of the trustee or**<br>**related party**|<br>**Relationship**<br>**to charity**|**Description of the**<br>**transaction(s)**|**Amount**|**Balance at**<br>**period end**|**Provision for bad debts**<br>**at period end**|<br>**Amounts**<br>**written off**<br>**during**<br>**reporting**<br>**period**|
|---|---|---|---|---|---|---|
||||**£**|**£**|**£**|**£**|
||||||||
||||||||
||||||||
||||||||



_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_ 

_**For any related party, please provide details of any guarantees given or received.**_ 

CC17a (Excel) 

07/29/2024 

58 



**Section C                                            Notes to the accounts                                   (cont)** 

## **Note 29                            Additional Disclosures** 

**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts.  If there is insufficient room here, please add a separate sheet.** 

The prior year comparative figures only cover a 6 month period of transactions; the charity became a CIO on 1st October 2022. Therefore transactions relating to 1st April - 30th September 2022 are recognised in the 2022/23 accounts of the previous charity number 1176418. 

CC17a (Excel) 

07/29/2024 

59 




## **Independent examiner's report on the accounts** 

**Section A                        Independent Examiner’s Report** 

**Report to the trustees** 

Charity Name Live Unlimited 

**On accounts for the year** 31[st] March 2024 **Charity no** 1197754 **ended (if any) Set out on pages** (remember  to include the page numbers of additional sheets) 

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31 / 03 / 2024** . 

**Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** 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** I have completed my examination.  I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect: 

- the accounting records were not kept in accordance with section 130 of the Charities Act; or 

- the accounts did not accord with the accounting records; or 

- the accounts did 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. 

- _Please delete the words in the brackets if they do not apply._ 

**Signed:** Daniel Phelan **Date:** 10/07/2024 **Name:** Daniel Phelan **Relevant professional** CIPFA part-qualified **qualification(s) or body (if any): Address:** 2 Bristol Avenue, London, NW9 4EW 

**Oct 2018** 

1 

**IER** 



## **Section B                           Disclosure** 

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 

**Give here brief details of any items that the examiner wishes to disclose** . 

Report on internal controls needs to be done annually but no significant changes in the year. Other adjustments made as necessary and small differences are not material. 

**Oct 2018** 

2 

**IER**