Charfty number. 1199155 LIVING IT UP UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
LNING IT UP CONTENTS Page Rfrferonc• and Admlnlstratlve Dgtalls of the Charlty, Its Trustees and Advlser8 Trust••8' R•part Ind•pond•nt Examln•rfg Raport Stat•ment of Flnanclal tIvItIes Balance She8t NotvJ to the FlnanGlal Stat•m•nts 10-22
LIVING IT UP REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees Michael Collell, Chair Gareth Wrlght Victoria Airs Sarah Fletcher Sarah Neand 011 Monks Charlty reg18tered numb•r 1199155 Prlnclpal offlc• St Culhberts Hall Newnham Slre8t 8edford MK4D Chl•f •xecutlv• ¢)fflcor Fel¢lly Heselllne Accountants Streets S J Males 88sepoint Business and Innovation Centre 110 Bullerfield Great Marlings Luton Bedford8hlre LU2 8DL Page 1
LNING IT UP TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present their annual report together wilh the financial statements of the Living 11 Up for the 1 January 2024 10 31 Dcccmbcr 2024. ObJectlvè# and actlvltles Pollcles and oble¢tlves The objective of the Charity is the promollon of Soclal Incluslon for the public benefit among vulnerable adults and chilijren, wlth a physical or learnlng disablllty or aullsm who are socially excluded on the grounds of Ih8ir disability, by providing- 1. OpportunS1ies to learn new skills, education and traSning that are deslgned lo assist them lo Inlegrale Into sociely,. 2. Social and recreational faclllll85 and events Involvlng the local community. In setting objectives and plannSng for actlvllles. the Trustees have given due consideration to general guidance published by the Charity Comml$8kJn relallng to publ1¢ benefli, Includlng the guidance 'Public benefit.. running a tharlly IP82)'. b. A¢tlvltl•s undortaken to achlav• obJo¢tlvo8 The charity provldes the following activilias lo achieve Ils oblective8'. P•rformlng Arts Céntr• provides p8rformlng arts educalk*n for adults with disabilllies including bands, online radio show, annual Ihealr8 show and art. Evonts service provides regular nightclub st0 dis$ in a ¥afe environmenl for adults with learnlng d19abilllies andlor au115m. Gr8 Matos is a friend$hlp and dating service for adult$ with leamlng dl$abililie$ andlor aullsm. Glg Buddl•s Is a befriending service of volunteers lo support adulls wllh learnlng dls8bililies andlor autism lo attend aclivilies. St Cuthb•rts Hall is a community centre hired out lo local organisalions and one-off hirers. c. Volunteers Volunteers have signlficanlly helped make the organisalKJn what il is. With the exception of St Culhberts Hall none of the gervices would be able to ¢ontinue wilhoul the support of the volunteers. Achlevements and pertom)anco Page 2
LIVING IT UP TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Achlevement¥ and performance {Gontinued) aln achievements of the Charity All services were maintained throughout the reporting period and we ensured that we made a po811ive Impact on the lives of adults with di5abililies andlor autism. enabling them to thrive in the field of performing art8 as well a8 socially. A band from the Performlng Arts Centre played al the Beéfrinp festlval bringlng the 8ki11g of disabled andlor 8Li11911c musi¢lan$ to the wkler wmmunlty. Glg Buddles hosted the Radlo 2 Awaré winnlng folk b8nd Megson, wth a Performlng Arts Centre barld, Dellasoni¢ appearing as a support a¢t. Gig Buddie$ ¢ontlnue$ lo support people lo do the thlngs that they wlsh to do wth the support of their Gig Buddy Befriender this has included wal¢hing Arsenal play football, attendlng Winter Wondedand in Hyde Park and obtaining free tlckets for the Cuffe and Taylor Summer Se$$lons In Bedford Park Flnanclal revlow . Golng concern After maklng approprl8le enquides. the Trustee8 have a reasonable expeclallon that the Charity has adequate resources lo contlnue In operallonal exlslence for the foreseeable fulure. For this reason, they continue lo adopt the going concern basls In preparlng the flnancial stalemenls. Further detaSls regarding the adopllon of the going concern b8818 C8n be found In the 8ccounllng policS. b. R•S•rV pollcy We ended the financlal year In a comfortable p0811ion, with conlr8c18 wlth Bedford 8orough Council, Cenlral Bedfordshire Councll ongolng and a new small contract with Lulon Borough Councll. It Is Ihe policy of the charity to hold about 3 months, worth of cos18 to provide cover for ongoing costs and to provSde for any unforeseen emergen¢les. c. Prlnclpal rl8ks and un¢èrtalntl The charity's prlncipal source of funds is revenue created through the Performing Arts Centre which people pay lo atl8nd. This includes contracts with Bedford Borough Council, Central Bedfordshire Council. Lulon Borough Council and people who are self-funders. The majority is from Bedford Borough CounGil. Wa also recelve various grants and donation8. The prinGipal risks lo the charity are as follows.. Loss of attendees al the Performing Arts Centre - elther through Indlvldual choice or Local Authority slopping contracts. Non-availabilily of key staff, for example through resnatIOn or Illness Insufficient active trustees No access lo premises for example through termination of lease, fira or other dl8asler Structur81 govemance and managemont Page 3
LIVING IT UP TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Structurn, govemance and management (contlnuedl Constitution Living11 Up is a registered Charity, number 1199155, and is constituted under a Trust deed. b. Methods of appolntm•nt or •1oGtion of Trust•O• Thè management of the Charity is the re8pon8ibility of the Trustees vtho are elected and COvOPted under the term5 of the Trust deed. Trustees are r8¢ruiled and selected through an application and interview proc88S. Trustees are rgGruited lo ensure a dlver¥ily of relevant skills and expertise needed for 8ffecliv8 governance of the charity. They musl Gomplele a skllls audll and atlené a ffleeling as an observer. We will always have al least 1 serving Iruslee who uses our services. Our constitution stales.. 10. Appointment of charity Iruslee5 111 Apart from the first charity Iruslees, every Iruslee musl be appointed for a term of three yeer8 by a resolution passed al a properly convened meeting of the charity Iruslees. 121 In selecting individuals for appointment as charity Irusl8es, the ¢harity Iru$lee$ mu8t have regard lo the Skills, knowledge and expgrien¢e needed for the eff6clive administration of the CIO. c. Organl3atlonal stru¢turn and dlS1On-makIng pollcl¢$ The charity has a Iruslee board of al least 3 trvslees, who meet regularly and have responsibility for the slralegic direction and pollcies of the Charlty. Day lo day re8ponslbllity for the runnlng of servlces has been delegated lo the CEOS, for ensuring that the charity deliver3 the approprlale Servi8. In 2024 the meetings were held over Google Meet, as well as several Sub commillees to con5Ider specifi¢ responslblllties of the Iru61ees. The Gig Buddies 5erviGe is part of a global network of Gig 8uddies Services headed by Stay Up Late charity. d. Pollcl¢s adopt¢d for the Inductlon and tralnln9 of Trust••s New Iruslee$ are given specthc training In relation to their role, as well as a Copy of the previous accounts and the charity's conslitulion. Tru8188s are also provlded with our'Guldance for Prospective Trustees,. Trustees are provlded with Informallon about any relevant courses, documents or relevant changes lo regulations. Funds held as custodlan None. Page 4
LIVING UP TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Statement of Trustee8' rn8pon81bllltles The Trustees 8r8 responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable lo charitles In England & Wales require¥ the Trustees to prepare flnanclal statements for each financSal whlch give a true and falr view of the stale of affairs of the Charity and of ils incoming resources and application of resource5, including its income and expenditure, for that period. In preparing these financial slalemenls, the Trustees ar8 required to.. select sui18bl8 8ccounllng policies and then apply them conslstenlly., observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting eslimales that are reasonable and prudent,. slate whether applicable UK Accounllng Standards IFRS 1021 have been followed, guble¢t lo any material departures disclosed and explained in the fin¥n¢ial ¥talemenls' prepare the financial statement5 on the golng ¢oncern basis unless It 18 Inapproprlale lo presume that the Charity wlll Gonlinue in business. The Trustees are respon8Sble for keeping adequate accounllng re¢ord$ th8t a $uffl¢lent to 8how and explaln the Charills Iran88clions and dlsclose with reasonable accuracy al any lime the flnanclal posllion of the Charlty and enable them to ensure that the financial statements comply wlth the Charllles Act 2011, the Charity (Accounlg and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for 98fegu8rding the assets of the Charlly and hence for taking reasonable steps for the pr&venlion and detectlon of fraud and other irregularities. Approved b ord r o Date.. he embers of the board of Trustees and Signed on their behalf by.. gD25 Page 5
LMNG IT UP INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Ind•p•ndent Examiner's Report to tho Trustoes of Living It Up ('th0 Charity.) I report to Ihe charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2024. Responslbilit1•8 and Basls of Roport A8 the Trustees of the Charity you are responsible for the preparation of the accounts In a¢c¢ydan¢e wlth the requir&menls of the Charities Act 2011 I'lhe 2011 ACV). I report In respect of my examination of the Charills account8 carried out under Section 145 of the 2011 Act an In carrylng out my examination I have followed the applicable Directions given by the Charity Commission under ¥e¢tion 145151{b) of the 2011 Act. Independent Examlnor'B Stat•rn•nt Since the Chadlvs gros5 Income exceeded £250,000 your examlner must be a member of 8 body Ilsled In 3eclion 145 of the 2011 Act. I confirm that l am quallfled lo undertake th8 examination because l am a member of ICAEW, which Is one of the listed bodle8. Your attentlon18 drawn lo the fact that the Charity ha8 prepared the accounts in accordarKe with Accounllng and Reporting by Chari118s.' Statement of Recommended PT8Clice applicable lo charitles preparing Ihelr accounts In accoréance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 in preference lo the Accounting and Reporting by Charities.. Slalement of Recommended Practice 588ued on 1 April 2005 whlchls referred lo in the exlanl regulations bul has be8n withdrawn. l understand that th18 ha8 been done In order for the accounts lo provide a true and fair vlew in accordance vllh the Generally Accepted Accounting Practlce effecllve for reportlng periods beginning on or after 1 January 2015. I have cornpleled my exarninalion. I confirm that no mallers have come lo my allenlk)n in connecllon wlth the examination giving me Cause lo believe that in any ma18rial respect.. accounting reci3 were not kept in r•spect of th8 Charity as required by seclion 130 of the 2011 Act,. or the accounts do not acctyé wkh those wcords: or the accounts do nol comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulallons 2008 other Ihan any requirement that the accounts give a 'lru8 and fair, vW which is not a maller considered as part of an independent examination. I have no concems and have come across no other matters in connection wtth th8 examinalDn lo which allenlion should be drawn in this report in order to enable a proper understanding of the accounts lo b8 reached. Thi5 report is made solely lo the Charivs Trustees. as a body. in accordance with Part 4 of the Charities (AOUnt5 and Reports) Regulations 2008. My work has been undertaken so that I might stal& lo the Charitls Trustees those mallers l am required lo slate to them in an Independent Examiner's Report and for no other purpose. To the fullest extent pemiitted by law, I do not accept or assume responsibility lo anyone other than the Charty and the Chantys Trustees as a body. for rny work or for this report. Page 6
LMNG rr up INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Swned.. Dated.. Aan Endergby FCA Streets S J Males Ba5epoint Buslness and Innovatlon Centre 110 Butterfield Great Marlings Lulon LU2 8DL Page 7
LIVING IT UP STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Unrastrictod funds 2024 Rastrictod funds 2024 Total funds 2024 Total nds 2023 Not• Incom• from: Donallons and legacies Charitable activities Other trading aclivili8s Investments 26.204 307,863 9,023 1.175 57,056 83.260 307,863 9.023 1.175 139.90T 254,975 6,572 534 Total Incomo 344,265 57.056 401.321 401,988 Exp•ndltur• on.. Raising funds Charitable aclivilie8 7,553 295,609 7,SS3 339,826 3, 759 310,429 44,217 Total •xp•ndltur• 303.162 44.217 347,379 314, 188 Net Incom• Transfers belween fund6 41,103 {16,6431 12,839 16,643 53,942 87.800 14 Not movement In lund• 24,460 29,482 53,942 87,800 Roconclllatlon of fund8'. Total funds brought forward Nel movement in lunds 83,396 24,460 4,404 29,482 87,800 53,942 87,800 Total funds carrled forward 107,856 33.886 141,742 87,800 The Slalemenl of Financial Acllvilie$ includes all gains and losses recognlsed in the year. The notes on pages 10 10 22 form part of Ihese financial stalemenls. Page 8
LIVING UP BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Not• Flxad ass•t8 Tangible assets 11 27,054 23,061 27,054 23,061 Current assgts Debtors 12 23,023 109,068 860 71,006 Cash at bank and in hand 132,091 71,866 Creditors.. amounts falllng due thIn one year 13 117.403) (7, 127) N•t current as•ets 114,888 64,739 Total a••o181088 ¢urr•nt Ilabllltle8 141,742 87,800 Net assets excludlng p•nslon *¢t 141,742 87.800 Total n•t asg•ts 141,742 87,800 Charlty fvnd8 Reslricled funds Unreslricled funds 14 14 33,886 107,856 4,404 83,396 Total fund8 141.742 87.800 The financlal sl Om roved and aulhorised for issue by the Trustees and slgned on their behalf by.. Date.. V'ULlk ,-17/2dZs The notes on pages 10 10 22 form part of these financlal stalemenls. Page 9
LNING IT UP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcl 1.1 Basi$ of preparatlon of flnan¢ial statements The finanGial slalemenls have been prepared in cordanCe with the Charities SORP IFRS 1021- Accounting and Reporting by Charities.. Stsiemenl of Recommended Practice applicable lo charili8S preparing their accounts in accordance with the Financial Reportin9 Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive l January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities AGI 2011. The financial stalamenls have been prepared to give a 'true and falrf vlew and have deported from the Charities (Accounts and Reports) Regulallon5 2008 only lo Ihe extent required lo provide a 'lrue and fair, view. This departure has Involved following the Charities SORP IFRS 1021 published in October 2019 rather than the Accounllng and Reporting by Charities.. Statement of Recommended Practice effective from 1 April 2005 which has since been wlhdrawn. Llving 11 Up meets the definition of a public benefit entity under FRS 102. Assets and liabilities are nilially recognised at hislorlcal cost or transaction value unless otherwise slated in the relevant accountlng pollcy. 1.2 Incom• All income 18 recognised once the Charity has 8nlillemenl to the income, it is probable that the Income will be reeelved and the amount of Income receivable can b8 measured rellably. Grants arè included In the Slalemenl of Flnancial Aclivitles on a receivabl8 ba81s. The balance of income received for specific purposes but not exp8nded during the period is Shown In the relevant funds on the Balance Sheet. Where Iruime 18 received In advance of entillemenl of receipt, 119 recognillon is deferred and included In credllor8 as deferred Income. Where enlillemenl occurs beft)re income18 recelved, the incom8 18 accrued. Income tax re¢overablg in relation to donations r8celved under Gwt Ald or deads of covenant Is recognised al the ts'me of the donation. Income tax COVerable in relation lo Investment income 18 re¢ogn18ed al Ihe tlme the investment income is receivable. Other income is recognisod in the period in wh*h 1118 recelvable and lo the exlenl Ihe goods have been provided or on completion of the service. 1.3 Expènditure Expenéilure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo a third party, il is probable that a transfer of economic benefits will be required in 5etUement and the amount of the obligation can be measured mliably. Expenditure is d3ssified by activity. The costs of each activity are made up of the total of direct costs and shared cost5, including support costs involved in undertaking each actSvity. Direct costs allribulable to a single activity are allocated directly lo that aclivily. Shared costs which contribute lo more than one activity and support costs which are not attributable lo a single activity are apportioned between those aclivili85 on a basis consislenl with the use of resources. Central staff costs are allocated on the basis of lime sp8nt, and depreciation charges allocated on the portion of the asset's use. Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for ils ch8rilatrAe purposes and indudes costs of all fundraising activities events and non-charitable trading. Page 10
LIVING IT UP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies {continuod) 1.3 Expenditure {continu•d) Expenditure on charitable activi118s is incurred on diredy undertaking the activities which further th8 Charills obpclives, as well as any associated support costs. All expenditure Is Inclusive of irrecoverable VAT. 1.4 Intor•8t r¢¢oSvabl6 Interest on funds held on deposlt Is Included when recelvable and the amount can be measured reliably by the Charity,. this is normally upon nolrflcation of the Interest paid or payable by tho in81itulion with whom th8 funds aro éeposited. 1.0 Tanglbl• flx•d a88•t• and d•prnciation Tangible fixed asse13 costing £500 or more are capitali5ed and recognised when future economlc benefi18 are probable and the cost or value of the a58el can be measured reliably. Tangible fixed assets are initially recognised al cost. After recognition, under the cost model. tangible fixed asse18 are measured al c05t less accumulated depreciation and any accumulated Impairment losses, All costs incurred lo bring a tangible flxed asset into 11$ Intended worklng condltlon should be Included in the measurement of co81. Depreciation Is charged 80 as lo allocate the co81 of tangible fixed 08sels18$8 thelr resldual value over thelr estimated useful Ilves, using the 81raight-line method. Depreciation Is provlded on the followng ba818'. Short-term leasehold propety Office oqulpmenl 10% 33% 1.6 Deblors Tr8de and other debtor¥ are reGognlsed at the settlement amount after any trade dSscount offered. Prepayment8 are valued al the amount prepald nel of any trade dlscounts due. 1.7 Cash at bank and In hand C85h al bank and Sn h8nd Includes cash and stsjrt-temi highly liquid investments th a short rnalurity of three monlhg or less from the dale of acqulsltion or opening of the deposll c* slmllar account. Page11
LIVING IT UP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 A¢¢ountlng pollcles Icontlnuedl 1.8 Llabllltlo$ and provlslono Liabllities are recognisod when thero is an obligation at the Balance Sheet dale as a result of a past event, il Is probable that a transfer of economic bengfil will be requlred in selllement, and the amount of the settlement can be estimated reliably. Liabilities are recognlsed al the amount that the Charity anlicipales il will pay lo settle the debt or the amount il has received as advanced payments for the goods or services il musl provide. Provlsions are measured al the best aslimate of the amounts required lo sellle the obligatlon. Where the effect of the tim8 value of money is material, the provision is basad on the present value of those amounts. discounted at the pre-tax discount rale that reflects the risk8 specific lo the liability. The unwindSng of the discount 15 recognls8d in the Slalemenl of Financial Activilies as a finance co81. 1.9 FlnanGlal Instrumonts The Charity only has financial assets and financial liabilities of a kind Ihal qualify as basic financial instrumen15. 8asi¢ financial instruments are inllially recognlsed at transaction value and subsequently measured al their 5elllemenl value wilh the exception of bank loans which are subsequently m6a$ured al amorlised cost using the effectiv8 Interest method. 1.10 Penslons Tho Charity operates a defined contribution pension sch8me and the pension charge r8pr85ents the amounts paydblg by the Charity lo the fund in respect of the year. 1.11 Fund accountlng General funds are unreslricled funds which are available for use al the discretion of the Trustees i furtherance of thè general objectives of the Charity and which have not been designated for other purposes. Restricted fund$ are funds which are lo be used in accordance with specific reslriclions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each reslricled fund is sel out in the notes lo the financial stalemenls. Investment income, gains and losses are allocated lo the appropriate fund. Income from donatlons and legacies Unr•strict•d Restricted funds funds 2024 2024 Total funds 2024 Tolal funds 2023 Page 12
LIVING rr up NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Income from donatlons and legacigs Icontinu•d) Unrèstrlcted Re8trictod funds funds 2024 2024 Total funds 2024 Total fvnds 2023 Donation¥ Grants 6,394 19.810 6.394 78,886 66,583 73,324 57,05e 28,204 57,056 83,260 139.907 Total 2023 96,463 43.444 139,907 Income from charltsblé actlvltle8 Unr•itrlcted Rostrfct fund8 funds 2024 2024 Total fund8 2024 Total fvnds 2023 Charitable income 307,863 307,883 254,975 Total 2023 251,132 3.843 254,975 Incomo from oth•r trading adlvltl•8 Incomo from fundral•lng ovent8 Unrestrlcted funds 2024 Total funds 2024 Tol81 funds 2023 Lellings income 9,023 9.023 6,572 Total 2023 6,572 6.572 Page 13
LMNG rr up NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Investment Income Unre8trlcted funds 2024 Total fund¥ 2024 Total fvnds 2023 Interest ceIved 1,175 1,175 534 Total 2023 534 534 Expendlture on ral•lng funds C08ts of ralslng voluntary In¢om• Unr08trlctod fund8 2024 Total fundB 2024 Total funds 2023 Cos18 of ralslng voluntsry- dlrecl expenses Coslg of ralslng voluntary income - wages and salarles Costs of raising voluntary income - Nl Costs of raising voluntary income - pension costs 1,480 4,276 1,487 310 1,480 4,276 1.487 310 2,235 1,524 7,553 7,553 3. 759 Total 2023 3. 759 3, 759 Page14
LIVING IT UP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Analysis of expendltur8 by aGtivitigs Support costs 2024 Total funds 2024 Tot81 funds 2023 Dlroct costs 2024 Expenditure on charitable acllvllles 16.061 323,765 339,826 310.429 Total 2023 14.456 295,9T3 310,429 Analy818 of dlro¢t co•ts Total fund8 2024 Total lunds 2023 Aetlvltle• 2024 Direct costs 16,061 16,081 14.456 Total 2023 14,456 14,456 Page 15
LIVING IT UP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2024 Analysls of expendltura by actlvltlos Icontlnued) Analysls of support costs Total funds 2024 Tolal funds 2023 ActSvltlgs 2024 Staff Costs Depreciallon Rent Light and heat R8P8irs and malnlenance Administration costs Trav&1 costs Other staff ¢o$ls Insurance Consultancy Sundry expenses Accountancy fees 270,837 3,621 19,687 3,004 10,560 4,436 2,156 1,808 3,652 980 88 2,936 270,837 3,621 19,687 3,004 10,560 4,436 2,150 1,808 3,652 980 88 2,936 242,25T 1,896 t9,378 3,143 10,560 5,146 2,688 2,948 3,552 230 4,175 323,765 323,705 295,973 Tol812023 295,973 295,973 Independent examlner'g remuneratlon 2024 2023 Fees payable to the Charity's independent examiner for the independent examination of the Charills annual accounts 2.082 1,980 Pagg16
LIVING rr up NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Staff ¢tY 2024 2023 Wages and salaries Social security costs Contributlon lo defined contribution pensK*n schemes 210,028 54,343 12,539 231.040 8.182 4,559 276.910 243, 781 The 8ver8ge number of persons employed by the Charity during the year was a5 follows.. 2024 No. 2023 Charlty staff 14 16 No employee received ffjmuneratlon amounting to rnore than £80,000 in elther year. 10. Trustees. remuneratlon and •xp•n8•8 During the year, no Trustees recelved any remunerallon or other beneflls (2023- £NIL). Dudng the year ended 31 December 2024, no Trustee expenses have been incurred. 11. Tanglblo flx•d as8•t8 Short-tgrm leasehold property Office •qulpmènt Total Cost or valuation At 1 January 2024 Addillon8 15,655 9,302 1.046 24,957 7,614 At 31 December 2024 22,223 10,348 32,571 Deprociation Al 1 January 2024 Charge for the year 233 427 1,663 3,194 1,896 3.621 Al 31 Oecember 2024 4,857 5.517 Page 17
LIVING IT UP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 11. Tanglblo flxod assets (Gontlnuod) Short-term leasehold prop•rty Offlc• •qulpmont Total Net book value Al 31 Oecember 2024 21,563 5,491 27,054 Al 31 December 2023 15,422 7,639 23,061 12. Debtorn 2024 2023 Du• wlthln on• yoar Trade debtors 23,023 860 23,023 860 13. Crndltor8: Amounts falllng duo wlthln one yoar 2024 2023 Trade Credllors Other laxalion and Social security Accrual8 and deferred Income 9,323 477 4,670 1.980 2.082 17,403 7.127 Page 18
LMNG rt UP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 14. Statement of funds Stat•m•nt of funds - curr•nt year 8alanc• at 31 D•c•mbér 2024 BalanGo at 1 January 2024 Transf•rs inlout Incomo Exponditur• Unrutrlctod funds General Funds Tanglble Fixed Assets 60,335 23,061 344,265 {299,541) (3.621) 124,257) 7,614 80,802 27,054 83,396 344,265 1303,162) 116,643) 107,856 Restrlctod fund• Couch lo SK Glg Gr8 Mates Connect Sports England Grocers Hall Charlty 882 3,522 {54) 144,1831 828 8,019 14,278 9.322 1,441 32,017 14,276 9,322 1,441 16,643 4,404 57,056 144,217 16,643 33,886 Total of funds 87.800 401,321 {347,379) 141,742 Page 19
LIVING rr up NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 14. Statgmgllt of funds {continuedl Statoment of funds - prior y•ar Balance al 31 December 2023 Tr8nsfers in/oul Income Expenditurg Unre8trlcted fund8 General Funds Tangible Fixed Assets 354, 701 (277,815) (1,896) (16,551) 24,957 60,335 23.061 354, 701 (279,711) 8,406 83,398 Rèstrlctod fund• Couch to SK Gig Student Clolhworker Foundation 1,452 33, 135 2,800 9,900 (570) (29,613) (4,294) 882 3,522 1,494 (9.900) 47,28T (34,417) (8,406) 4,404 Total of fund8 401,988 (314, 188) 81,800 16. Summary offunds Summary of funds - current year Balancg at 31 DoGgmbor 2024 Balance at 1 January 2024 Transfers inlout InGome Expgnditurg Gener81 funds Restricted funds 83.390 4,404 344.265 57.056 {303,1621 {44,2171 (16,643) 16,643 107,856 33,886 87,800 401.321 {347,3791 141,742 Pag8 20
LIVING IT UP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 15. Summary of funds (continuedl Summary of funds- prior year 881ance at 31 Dacember 2023 Tr8nsfars in/oul Income Expgnditure General funds Restricted funds 354.701 4T,287 (279. 711) (34,477) 8.406 (8,406) 83.396 4,404 401,988 (314, 188) 87,800 16. Analy818 of n•t ass•ts betwe•n funds Analys18 of n•t a8S•tg between funds . curr•nt porlod Unrestrlcted Re8trlcted fund8 fund• 2024 2024 Total fund• 2024 Tangible lixed a85el¥ Current assets Creditors due wltrln one y8ar 27,054 98,205 {17,403} 27,054 132,091 (17,403) 33,888 Tot 107.856 33,886 141,742 Analysls of net assots b•tw8•n fund8 - prlor perlod Unrestricted funds 2023 Restricted funds 2023 Total funds 2023 Tangible fixed assets Current assets Credllors due wllhin one year 23,Q61 67,462 {7, 127) 23,061 71,866 (7, 127) 4,404 Total 83.396 4,404 87,800 Pag8 21
LIVING IT UP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 17. Operatlng leaso ¢ommltm•nts Al 31 December 2024 the Charity had commitments to make future mlnlmum lease payTmenls under non- cancellable operating leases as follow5.' 2024 2023 Nol later than 1 year Later than 1 year and not later than 5 years 18,600 44,950 18,600 63,550 63,S50 82,150 Page 22