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2024-03-31-accounts

Guideposts Trust Limited

Company Number: 01282361 Charity Number: 272619

Accounts

for the year ended 31st March 2024

Wenn Townsend

Chartered Accountants

Oxford

Guideposts Trust Limited

Index

2 – 15 Trustees’ Report 16 -17 Auditor’s Report 18 Statement of Financial Activities 19 Balance Sheet 20 Cash Flow Statement 21 – 33 Notes to the Accounts

Guideposts Trust Limited

Reference and administrative information

31st March 2024
Charity number 272619
Company number 01282361
Address Unit E
Two Rivers Industrial Estate
Station Lane
Witney
Oxon
OX28 4BH
Bankers HSBC Bank plc
Witney Branch
24 Market Square
Witney
Oxfordshire
OX28 6BG
Auditors Wenn Townsend
Chartered Accountants
30 St Giles’
Oxford
OX1 3LE
Company Secretary Nicole Rolston
Directors/Trustees Diana Billingham
James Bradshaw
Alex Curtis
Matthew Jones
Deborah Cohen
Mariam Ahmed
Melissa Noton

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Guideposts Trust Limited

Trustees’ Report for the year ended 31st March 2024

Introduction

Guideposts Trust (‘Guideposts’) is a UK based charity working with people in local communities for over 50 years to help them access the support, opportunities and skills they need to overcome social inequalities, improve their wellbeing and change their lives.

“At Guideposts Trust, we support people with enduring mental health conditions, learning disabilities, and dementia to overcome social barriers and inequalities to lead a more independent, fulfilling life. Sadly, we know that the people we support all too often fall between the cracks; their needs are not seen as so critical to qualify for support from health or social services, and yet, without this, they can fall into crisis. Accessibility, stigma, anxiety, care requirements, and finances heighten this and make many aspects of ‘normal’ life inaccessible to the people we support. For more than fifty years, we have been working hard to support our community to overcome these obstacles. Over that time, we have adapted and evolved to both the needs of our beneficiaries and changes in society, but our ethos has stayed the same – to help those in need make sense of their situation, maintain their independence, achieve their aspirations, and develop connections to avoid isolation. Now, it’s time for us as a charity to look ahead to the future, taking Guideposts Trust to the next level and delivering the absolute maximum impact for the people that we support.”

An overview of our history and heritage

In 1965, Raymond Cripps, a journalist and publisher in Witney, Oxfordshire, introduced the UK to Guideposts, a US magazine. Partnering with local printer Cliff Upex, the magazine quickly gained a strong readership and highlighted a pressing need: community housing and care for people unnecessarily confined to psychiatric hospitals, and hospitals for those with learning disabilities. Cliff found that hundreds of people could be discharged if suitable accommodations existed. Despite the 1959 Care Act advocating care in the community, no support

provisions were in place in the UK at the time. To address this, Guideposts Trust was formed in 1972. The charity believed that those who had spent much of their lives in hospitals needed training to adjust to living independently. Once training and appropriate accommodation were secured, volunteers were recruited to provide ongoing support

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Guideposts Trust Limited

Trustees’ Report for the year ended 31st March 2024

and friendship, enabling many to transition safely into community life. In response to a decision made by the Housing Corporation to separate the Trust's charitable work from its housing association, Guideposts established community hubs to provide support to those in need. The first hub, launched in 1992, supported individuals with complex mental health issues. A second hub opened in 1993 for people with learning disabilities.

These hubs are still in existence today, offering support services tailored to local needs, and maintaining the charity’s core mission. Beyond mental health and learning disabilities specifically, Guideposts also recognised the need for improved dementia care and launched the ground-breaking Teaching Nursing Home. This facility, developed after a successful appeal, featured a 30-bedroom home designed to be a National Centre of Excellence. It conducted research into care practices and provided specialised training for doctors, nurses, and care staff on dementia. The associated Care Research Centre developed a replicable care model, funded by the Department of Health, leading to the creation of the Guideposts Dementia Care Development Pack – the first ever comprehensive audit, training, and consultancy tool for care providers in the country. Today, we build on our extensive expertise and heritage in supporting those with dementia, learning difficulties and longstanding mental health challenges through activities such as community support groups and clubs for carers and those that they care for, and specialised projects like the Forest School for children with disabilities and special educational needs, promoting outdoor activities and interaction with nature. As we look ahead to the next 50 years and what it could hold for our charity, we remain committed to the belief that no one in society should be left behind, regardless of their needs

Our Impact

In terms of our impact, we have 95 staff working across 12 locations. These employees deliver 200 sessions a month for the community that we serve, reaching 840 people through 8,500 hours of support per month. This is only the beginning of what we hope to achieve.

We run a range of services that are focused on helping people to achieve their potential regardless of their circumstances. We connect people together so that they can experience the joy that comes from friendship, activity, learning, purpose and occupation. We love what we do, and we love seeing people flourish.

Many of the people we support come from the most disadvantaged groups in our society, including children and adults with additional needs and disabilities, people with mental health problems, older people with dementia and other neuro-degenerative conditions, and the families or carers of all these groups. We believe that all people should be equally valued and have an equal chance to live the best life possible, that is why we do what we do.

Together we are the Guideposts community, helping each other to achieve better wellbeing.

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Guideposts Trust Limited

Trustees’ Report for the year ended 31st March 2024

Our work – now and in the future:

The charitable funding we receive helps us to run crucial services, such as:

CONNECT Groups : - Friendships groups and specialist sessions

Now: We run local group sessions which help people connect with their communities, in addition to a rapidly growing number of online sessions. These sessions bring people together into a fun and friendly environment that leaves them feeling supported, part of their community and less isolated.

Future : With additional funding, we will expand these hubs into other parts of the country and create educational centres to develop citizens for their life in the community.

Guideposts Hubs - Activity Day opportunities for those with additional needs.

Now : These Hubs work with people with complex needs on a weekly basis, over a long time period. We currently operate 6 different hubs focused on supporting those with learning disabilities, mental health problems and dementia.

Future : By securing further finances, we will create a CONNECT offering in every village and town in the countries that we serve.

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Guideposts Trust Limited

Trustees’ Report for the year ended 31st March 2024

Guideposts Complex Needs service – tele-mental health service, providing coaching for people with complex needs. Our 1:1 befriending and coaching services support people at home and over the phone with complex emotional needs and isolation.

Now - We support 250 people with enduring mental ill health in Gloucestershire and over 200 in Hertfordshire. Our complex needs services are phone-based support for people with complex mental ill health. Our trained coaches them to keep well – reduce incidents of crisis and accelerate recovery. Running this service takes pressure off the NHS and holds people safely in the community.

Future - By growing our donor income and commissioning and private networks, we will expand into more adjacent NHS areas and offer a coaching service across England NHS areas.

Our values At Guideposts Trust, we are...

People-centred : We care passionately about our community and put people at the heart of everything we do. Inclusive: We believe everyone should have an equal chance to live the best life possible, regardless of their circumstances.

Collaborative : We work in partnership with others to achieve shared goals and maximum impact. Innovative: We are nimble, embrace change and seek new ways to improve our services to meet the needs of our beneficiaries.

Accountable : We are transparent and responsible for our actions and decisions, always striving to deliver highquality services that make a difference

We have been serving our communities for over fifty years, and in that time, we have adapted to the needs of our communities and the changes in our society. Some of our services are paid for from local authorities, but many of the programmes we run are funded from grants or donations from the public.

As a Charity we rely on these donations to keep helping people. We really appreciate every donation made and ensure that it is spent very wisely to provide our community with the help they need.

We are working towards a future where our whole community has an equal chance to find acceptance, a sense of belonging, positive relationships, meaningful occupation, good education, enriching work and a safe home, but until that happens, we are there to help.

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Guideposts Trust Limited

Trustees’ Report for the year ended 31st March 2024

What our users say:

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Guideposts Trust Limited

Trustees’ Report for the year ended 31st March 2024

The Trustees are pleased to present their report with the audited accounts for the year to 31st March 2024.

1 Reference and Administrative Detail

Guideposts Trust Limited is a registered charity and company limited by guarantee incorporated in England and Wales.

The Trustees who served during the year are listed below:

The company’s Articles of Association require the Trustees to retire by rotation after a three-year term. Kathryn Courtenay-Evans, CEO, has been delegated responsibility for the day-to-day management of The Trust.

2 Structure, Governance and Management

Guideposts Trust is constituted under its Memorandum and Articles of Association dated 19 October 1976. The Articles of Association provide that Guideposts Trust may have up to 25 Trustees. At 31 March 2024, there were six members of the board.

No member of the Board of Trustees has received any remuneration in respect of his or her services to the Trust except for reimbursement of expenses incurred in providing such services.

During 2023/24 the board met 8 times, including an AGM.

A number of sub-committees of the board have been introduced to strengthen the overall governance of the charity. At least two members of the board sit on each sub-committee. The sub-committees meet as follows: Nomination and Remuneration – at least twice per year; Finance and Risk, Strategy and Digital, Services, Service User Experience – meet on a bi-monthly basis.

Public Benefit

The Trustees have regard of the Charity Commission public benefit guidance. Guideposts Trust demonstrates its public benefit through the provision of community-based services that are operated by its staff. We adopt a collaborative and complementary approach to ensure that vulnerable individuals – often with a range of complex needs and expectations - do not fall through gaps in geographic or specialisation boundaries. We are tackling the causes of loneliness and social isolation, by providing community connectivity, information and advice, group activities, therapies and work-based opportunities.

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Guideposts Trust Limited

Trustees’ Report for the year ended 31st March 2024

The Reserves Policy

The Trustees have set a Minimum Level of unrestricted reserves that will be sufficient to cover the net cash operating requirements for three months of operations. The Minimum Level is £300,000.

The Trustees will maintain this Minimum Level at all times and will not take any decision or carry out any development that might impinge upon the Minimum Level without due consideration.

The priority for 2024/25 will be to maintain and monitor liquid reserves, especially in consideration of inflationary cost pressure implications.

Unrestricted net current assets were £1,693,443 at the Balance Sheet date. The Trustees have considered carefully going concern; most particularly meeting short term cash flow needs.

Retained services performed at a surplus of £117,887 in the current year compared to £300,508 in the prior year.

The charity is continually reviewing its cost base and reducing costs where possible. The support of the charity’s bank in renewing existing facilities and to secure a bounce back loan has enabled it to meet all operational liabilities without the need to liquidate or make additional borrowings against fixed assets.

The Trustees feel that it is appropriate to prepare the accounts on a going concern basis.

3 Objectives and Activities

The objects of the Charity are:

Our Challenge

People living with disability or long-term conditions (and their loved ones), have the same needs as everyone else but their circumstances often mean they don’t not have the chance to meet those emotional, social, spiritual and physical needs. Unfortunately, our clients’ complex health conditions can conspire to isolate them and their families from their communities and from the information and support which could change their circumstances.

They often fall between the gaps of statutory provision and the limited support that “single-issue” charities can offer. This can place them at risk of isolation and the medical and social effects of loneliness. Guideposts wants to be

there for people who need support to achieve their innate human needs and realise their potential. We do this be providing access to support, training and community opportunities.

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Guideposts Trust Limited

Trustees’ Report for the year ended 31st March 2024

Our Services:

Guideposts’ physical services are provided in three counties in England (Oxfordshire, Hertfordshire & Gloucestershire) and focus on improving people’s health and wellbeing as follows:

Around 150 volunteers usually support Guideposts’ work, and we are grateful to them. Our volunteers would assist with delivering thousands of hours of support across 3 Counties providing support to individuals to participate in our friendship schemes, community opportunities, or the provision of support groups, providing back-office support, or serving on the board of Trustees.

We are also enormously grateful to all those individuals, organisations, groups and Trusts who have given so generously over the year or provided practical support.

STRATEGIC REPORT – the following items form the Strategic Report

4 Achievements and Performance

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Guideposts Trust Limited

Trustees’ Report for the year ended 31st March 2024

in 23/24 enabled to a range of outings and Trips including a Day Trip to Brighton Pier and London Zoo, evening trip to Blenheim Christmas Lights and Chipping Norton Panto, 2xTrip to Bath for a pre-Christmas Afternoon tea, and a Trip to Cadbury world, providing memorable experiences for more than 200 people with learning disabilities.

Challenges:

The Charity has thrived despite working within a challenging macro-economic environment.

Attracting and retaining staff

Like many charities we struggle to recruit and retain staff in some role due to the nature of the roles, the complex and enduring nature of our users’ needs and the level of renumeration. However, the Charity strives to secure enough resources to be able to pay staff a fair wage they can live on, and this is under pressure from restrictions in the public sector funding and changes to the way people donate. We are also looking at their wellbeing and additional benefits to attract and retain.

Cost of Living:

Inflationary pressures, rising mortgage rates, cost of basic food and essentials have affected our staff and the income of those we support. This is particularly challenging in the Oxford area where one of our hubs is located. This has led to some staff leaving for more pay to make ends meet or taking on additional part time work. It has also led to some people we support reducing the number of days they are with us.

Changes to the way people view and support Charities:

The way Charities raise non-restricted funds has changed and continues to evolve. We are focusing on meeting the needs of our donors often want to see the impact of their gifts through stronger communications and social media presence. Our never been never seen campaign has hit a cord with many new donors, as has our focus on art and its impact. We are building on this and looking to build new relationships and partnerships to support us.

Our regular donors are getting older and therefore the challenge is how to reach out and make donors of the younger generation. The Charity undertook a review of its fundraising activities and subsequently invested in outside help to train our staff in new fundraising skills (e.g., use of social media, increased capacity to apply for grants, a more coherent message throughout our website and written material. Increased newsletters and information about

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Guideposts Trust Limited

Trustees’ Report for the year ended 31st March 2024

the good work being done). These new skills will embed within the fundraising team and help support our programmes - most of which cannot survive without support from donations.

How we strengthened the Charity:

The Charity has reviewed all its IT hardware– stripping out unnecessary costs and bringing in a new telecoms platform.

It has invested in its staff, implemented a career progression regime to recognise experience and seniority. It has invested in health and safety software and the safety of its built environment. It has continued to rent out its underused office in Gloucestershire – providing much needed income.

Property leases have been renegotiated and key sites secured (such as our outdoor wellbeing centre) to safeguard our services in those areas. Spend on the property estate is minimal. The Charity either owns or negotiated very preferential rates on its leases.

Keeping and developing a talented team of staff has been really important. Managers have been key in navigating the Charity through various challenges and the outcome is improved resources, more efficiency in the way we deliver our programmes, less resources on running the Charity and more on direct support to those we are here for.

Remuneration of Key Management Personnel

Remuneration of Key Management Personnel (CEO and General Manager Finance and Operations) is set by the Nomination and Remuneration Committee, consisting of the Chair and two co-opted trustees. Pay levels are benchmarked against sector averages and taking into account the requirements of the role. These are reviewed annually.

5 Financial Review

Guideposts ended the 2023/24 financial year with a healthy cash balance in excess of £2 million and reported an operating surplus of £117,887 (prior year £300,508) for the year compared to a net cash break-even target. This was due to a combination of a growth in client fees and service-related grants, as well as a strong cost control culture. Local authorities and central government remained supportive of social care services.

All of our local authority contracts and grants were extended through to the end of the financial year and into the 2024/25 financial year, helping us to continue to fund those services and maintaining income levels. Attendance levels continue to grow as demand for services grows. The Learning Disabilities Friendship grant in Hertfordshire has also been extended into the 2024/25 financial year. The grant from the Gloucestershire NHS transformation fund to develop a mental health complex emotional needs service pilot has been increased and extended into the 2024/25 financial year.

As expected, as services resumed to normal levels our operating costs increased accordingly, with additional inflationary cost pressures being passed on by suppliers, as well as the material increase in the minimum wage rate. Our strong financial position at the end of the financial year will enable us to enter the 2024/25 financial year with confidence, with the ability to navigate through tough economic expectations, and to invest in innovation, build our staffing teams, continue to fund developing services and secure new grants.

Our regular donors continue to be loyal and supportive with strong regular and campaign donations. We once again continued to receive healthy legacy receipts of £214,997 (prior year £556,391). Income from Fundraising (net of direct costs of raising funds) came in at £598,835 (prior year £980,602), the decrease from the prior year directly related to the lower legacy receipts. Although the average donation received has increased, our donor base has been declining, particularly the number of regular donors. In an effort to curb this trend, new work has been taking place to engage new supporters and bring in new donors, focussing via digital marketing and fundraising. Our finances enabled us to continue investing in our fundraising team, enhancing our ability to communicate with donors, developing our ability to increase digitally fundraised income and expand our grant funding applications. This will enable us to bring in vital funds to adapt our work effectively and continue to support most of our service members/users. It also enables us to develop new work and lay the foundation for future project/service development, which is key to our ability to continue to attract and increase funding from grants. To do this we will match funding avenues with our growth ambitions and look to secure new partnerships for collaborations.

Guideposts monitor cash closely and reforecast on a rolling monthly basis and are satisfied that there are sufficient known incoming resources to meet our obligations in the near future. Additional unknown future impacts of the

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Guideposts Trust Limited

Trustees’ Report for the year ended 31st March 2024

pressures on the economy, increasing minimum wage levels and inflationary cost pressures on operations remains a risk. Cash flow management remains a critical focus.

Fixed Assets include land, valued at £98,000 and buildings valued at £352,000 at the Balance Sheet date. The buildings were revalued in the 2022/23 year to reflect fair value.

6 Plans for Future Periods

The Charity celebrated its 50[th] year of creation in 2022. Half a century after the founders created the Charity to support people to live independently and maximise their potential – despite the obstacle’s life has put in their way – Guideposts is still delivering on that mission. The people and expressions of mission may have changed, but the need to support those most vulnerable in our community hasn’t.

It will keep developing services to meet need in the community, online and accessible in evenings and weekends, when other support is not available in line with the impact statement shared earlier.

It will continue to develop its work with NHS and Council partners to provide support for people when public sector support has run out, become too hard to get, or the pathway of support stops. Guideposts will develop its mental wellbeing services and its sub-clinical expertise to support people when they fall off the public sector conveyor belt and work to prevent them relapsing back into primary or secondary care services.

We thank all those who support us and make our work possible – our amazing volunteers and trustees, who give so much, - our dedicated staff and our supporters and funders, without whom we would not be here. Another half century of amazing work awaits us.

7 Principal Risks and Uncertainties

Guideposts Risk Management Strategy involves a regular review of the key risks faced by the charity, the establishment of systems and procedures to address those potential risks and mitigate any impact on the charity if they materialise. Guideposts is committed to ensuring that risk in our operations is managed and mitigated by using an integrated risk management system and instigating a proactive culture in managing risk.

Risks that concern the long-term strategic objectives of Guideposts Trust and the actions taken to manage them are as follows:

Financial: the risks to Guideposts financial position, including internal and external factors that may have an effect.

What we do:

Growth: the risks to Guideposts’ strategy for growth and development.

What we do:

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Guideposts Trust Limited

Trustees’ Report for the year ended 31st March 2024

Knowledge management: the risks to knowledge resources, and the production and communication of these.

What we do:

Succession planning and talent management : the risks to management infrastructure and staffing framework.

What we do:

Compliance: the risks associated with non-compliance of relevant legislation (for example Health and Safety, data protection, employment practices) and regulation (for example Charities Commission, Care Quality Commission).

What we do:

Fundraising: The risks associated with poor fundraising practice and the consequential effect on the reputation and sustainability of the charity .

What we do:

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Guideposts Trust Limited

Trustees’ Report for the year ended 31st March 2024

Trustees’ responsibilities

The Trustees (who are also directors of Guideposts Trust Limited for the purposes of company law) are 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).

Company law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the Trustees are required to:

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Docu$￿n Envekipe ID.. E708E1CE-C5494B3E_ASBc-12￿17g99Dsc GuSdeposts Trust Limlted Trustees. Report for the year ended 31st March 2024 The Twstees are responsible for keepir+g proper accounting records that disclose wth reasonable ac¢ura¢y al any lime the financial position of the charitable company and enable them lo 8nsur¢ that the financial statements comply wilh the Companies Act 2006. They are also responsible for safeguarding the assets of the charitsbl8 company and hence for laking reasonable steps for the prevention and deleclSon ol fraLtd and other ltregularib'es. In so far as the Trustees are aware-. there is no relevant audit information of which the charttable company's auditor is Unawa￿., and the Trustees have taken all steps that they ought lo have tsken to make themselves aware of any relevant audit information and to estsblish that the auditor is awaie of that information. Audltows A resolution to re-appoint Wenn Townsend will be proposed at the fothcoming Annijal General Meeting. Small Company ￿eMptIOnS This report has been prepared in accordance with the special provisions relating lo companies subject lo the small companies. re9lme within Part 15 of the Companies Act 2006. This report was approved by the Trustees o 19 December - 2024. On bèhalf of the Trustses of thè Trust Diana Billingham Chair 15-

Guideposts Trust Limited

Independent Auditor’s Report to the members of Guideposts Trust Limited

Opinion

We have audited the financial statements of Guideposts Trust Limited (the ‘charitable company’) for the year ended 31st March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, (including Financial Reporting Standard 102 applicable in the United Kingdom and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for Opinion

We conducted our audit in accordance with International Standards on auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under these standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the trustees’ report, other than the financial statements and our auditors report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connections with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement of this other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that face.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not detected material misstatements in the strategic report and the directors report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

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Guideposts Trust Limited Independent Auditor's Report to the rnembers of Guideposts Trust Limlted Responsibilities of tru$tees As explained more fully in the Trustees, Responsibilittes Ststement set out on pages 10 and 11, the trustees Iwho are also the directors of the charitable cornpany for the purposes of company lawl are responsible lor Ihe preparation of the financial Statements and for being salt5fied that they give a true and fair view and foi such in internal control as the Iwstees determine is ne￿SSary to enable the preparation of financial staternents that are free from material misstatement, whether due to fraud or error. In preparing the financial stslements the trustees a￿ responsible for assessing the charitable company's abifity to continue as a going concem. disc105ing as applicable all rnatters related lo going concern and using the golng ¢oncem basis of accounting, unless the Iruslees &lher intend lo liquidate the charitable company or to cease operations, or have realistic alternative but to do so. Auditofs responslbilities for the audlt of the finan¢l¥l Statements Our objectives are to obtain reasonable assurances about whether the financial slalements as whole are free from malerial misstatement, whether due lo fraud or error, and tts issue an auditorfs report that includes are opinion. Reasonable assurance is a high level ol assurance bul is not a guarantee that an audit conducted in acwrdance with ISAS IUKI will alway$ delect a material misstatement when il exists. Misstatements can arise from fraud or error and are considered material il, individually or in the aggregate. they eould reasonably be expected lo influence the econom1¢ deasions of users taken on the basis of these financial statements. Irregularilies, including fraud, are instances of non-complian¢e with laws and regulations. We design prc￿dureS in line wlh our responsibilities. outlined above, to detect material misstalernenls in respect of iiregularilies. including fraud. Thè S￿¢IfiC prO￿dureS for this engagement and the extent to which these are capable of detecting irregul8ritie5. including fraud is detailed belt)W.' Enquiry of management and those charged with govèrnance around actual and potential liligalion and daims. Reviewing minutes of meetln9s of those charged wth gtsveman¢e. Reviewing financial statement dis¢losures and testing to supporting documentation to assess ￿MplianCe with applieable laws and regulations. Performing audit work over the risk of management override of (xjnlrols, including testing of journal entries and other adjustrnents ftir appropriateness, evaluating the business rationale of significant transactions outside the nornal course of business and reviewing accounJng èstimates for bras. Because of the inherent limitations of an audit. the￿ is a risk that we wll not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. Thi5 risk increases the more that compliance with a law or regulation is removed from the event5 and transactions reflecied in thè financial statements, as we will be less likely to become aware of instanTrs ol non<ompliance. The risk is also greater regarding irregularities occurring due lo fraud rather than eiror, as fraud involves intentional conce81ment, forgery, coll¢Jsion, omlssion or misrepresentation. A further description of our respon5ibililies for the audit of these financial slalemenls is located on the Financial Reporting Councll's wèbsite at .frc.or .uklauditorslres onsibililies. This description foim5 part of our auditorfs report. Use of our rèport This report is mad8 solely lo the charitable company's rnembers, as a body, in 8cctsrdance with Chapter 3 of Part 16 of the Companies Act 2(X)6. Our audit work has been undertaken so that we might state to the charilablg wmpanys members those matters we are required to Slate to them in an auditorfs report and for no other purpose. Tts the fullest exlenl peitnitted by law, we dctr not accept or assume responsibility to anyone other than the charitable company and its members as a body. for our audit work, for this report, or ft)r the opinions we have fonlled. Andrew Rodzynski FCA, Seni Statutory Audltor For and on behalf of Wenn Townsend Chartered Accountants and Ststutory Auditor 30 St Grles Oxford OX1 3LE 2024 -17-

Guideposts Trust Limited

Statement of Financial Activities (Including income and expenditure) for the year ended 31st March 2024

2024 2024 2024 2023 2023 2023
Note Unrestricted Restricted Total Unrestricted Restricted
Total
Income from:
£		 £ £ £ £ £
Donations and Legacies:
Donations, legacies and other grants 2 624,467 - 624,467 1,020,093 6,208 1,026,301
Raffle Income 523 - 523 799 - 799
Charitable Activities:
Grants and contracts for provision
of services 3 513,033 510,070 1,023,103 486,067 312,959 799,026
Client Fees 748,518 - 748,518 642,327 - 642,327
Other Income 4 53,327 - 53,327 22,191 - 22,191
Total income 1,939,868 510,070 2,449,938 2,171,477 319,167 2,490,644
Expenditure on:
Raising funds:
Raising funds – general 210,707 - 210,707 236,509 - 236,509
Charitable activities:
Community Services & Projects 1,615,185 506,159 2,121,344 1,620,682 332,945 1,953,627
Total expenditure 8 1,825,892 506,159 2,332,051 1,857,191 332,945 2,190,136
Net income/(expenditure) 5 113,976 3,911 117,887 314,286 (13,778) 300,508
Other recognised gains
Gains on revaluation of fixed assets - - - 86,001 - 86,001
Net movement in funds 113,976 3,911 117,887 400,287 (13,778) 386,509
Total funds brought forward 1,963,915 1,397 1,965,312 1,563,628 15,175 1,578,803
Total funds carried forward 2,077,891 5,308 2,083,199 1,963,915 1,397 1,965,312

There are no gains or losses other than those recognised through the statement of financial activities. The results above have all derived from continuing activities.

The notes on pages 20 to 29 form part of these accounts

- 18 -

Do¢u$trJn Envelop8 ID.. E7DBE1CE-C5494B3E.A58C-129917999D5C Guideposts Trust Limited Balarkce Sheet as at 31st March 2024 Company Number: 1282361 Note 2024 2023 Flx¢d A$set$ Tangible Assets 467,250 450,000 467.250 450,000 Curr¢nt Assèts Debtors Cash al bank and in hand 11 12 118.840 2.022,900 102.852 1.766,673 2,141.740 1.869.525 Creditors: Amounts falllng due wlthln on? year 13 1448,2971 1261,654} Nèt Current Assets 1.693,443 1,607,871 Total assets les$ current liabllltiè$ 2.160,693 2.057.871 Credltors". Amounts falllng due after one year 14 177,4941 192.559} Net Assets 2,083,199 1.965.312 R•serves Unrestricted Funds Revaluation Reserve Restricted Funds 21 21 21 1,914,100 163,791 5,308 1.800.124 163.791 1,39T Total of Chrlty'$ funds 2.083,199 1.965,312 19 December These accounts were approved by the Board of Trustees on .. . 2024. Dlana Bllllngham ITruste•l The notes on pag¢$ 20 to 29 form part of these c¢ounts. 19.

Guideposts Trust Limited

Cash Flow Statement for the year ended 31st March 2024

2024 2023
£ £
Reconciliation of operating result to net cash outflow from operating activities
Surplus for the year 117,887 300,508
Interest received (36,427) (13,657)
Depreciation and amortisation 12,700 9,200
Decrease in debtors (15,988) 3,944
Increase/(decrease) in creditors 184,463 46,228
─────── ───────
Net cash inflow from operating activities 262,635 346,223
═══════ ═══════
Cash flow from financing activities
Interest received 36,427 13,657
Fixed asset additions (29,950) -
Repayment of capital 16 (12,885) (14,048)
─────── ───────
Net cash flow from financing activities (6,408) (391)
═══════ ═══════
Net increase in cash and cash equivalents 256,227 345,832
Cash and cash equivalents at 1st April 2024 1,766,673 1,420,841
─────── ───────
Cash and cash equivalents at 31st March 2024 2,022,900 1,766,673
═══════ ═══════
Cash and cash equivalents
Cash at bank and in hand 2,022,900 1,766,673
─────── ───────
2,022,900 1,766,673
═══════ ═══════

- 20 -

Guideposts Trust Limited

Notes to the Accounts

for the year ended 31st March 2024

1. Summary of significant accounting policies

(i) Guideposts Trust Limited is a registered charity and company limited by guarantee incorporated in England and Wales, In the event of the charity being wound up its liability in respect of the guarantee is limited to £1 per member of the charity. The registered address of the charity is that given on page 1 of these financial statements. Guideposts Trust Limited is a multi-disciplinary social care and mental health charity.

(ii) The accounts are prepared under this historical cost convention modified to include certain items at fair value. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and the Companies Act 2006 and rounded to the nearest £1.

The charity constitutes a public benefit entity as defined by FRS 102.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

b) Tangible fixed assets and depreciation

Land - Nil
Freehold buildings - 2% - 10% straight line
Improvements to Leasehold Property - Over the lifetime of the lease
Fixtures and fittings - 20% straight line
Equipment - 15% straight line
Computer Software - 15% straight line
Computer Hardware - 25% straight line
Motor vehicles - 25% straight line

Capital Expenditure in excess of £1,000 is capitalised.

c) Intangible Fixed Assets

Donor Database

This was developed internally and represents the cost of recruitment of donors who make a regular contribution to the charity and is expected to generate income for the charity over a number of years. The cost of the campaigns to build donor databases is amortised over the period of these projected income streams. Due to increased uncertainties related to making reliable estimates of future income streams for future periods, it was considered prudent to make an impairment charge to write down the intangible value to zero in the 2020 financial year.

- 21 -

Guideposts Trust Limited

Notes to the Accounts (continued) for the year ended 31st March 2024

1. Accounting policies (continued)

HERE Development Costs

‘HERE’ is an information, advice and guidance (IAG) support service for people with a long-term condition and their carers. ‘HERE’ forms part of the operational strategy to continuously develop and maximise on the intrinsic value that IAG has brought to the organisation over many years. The intangible asset relates to development of the current platform, product definition, delivery protocols and branding. The intangible value that IAG has brought to the organisation results in various income streams, not only from specific IAG services but also from donations, legacies and grants. Based on the value that IAG brings to the organisation, it is considered reasonable to amortise the intangible over a period of 7 years, taking into account specific IAG activity during the period. Due to specific funding ending in the previous year, and increased uncertainties related to future income streams, the intangible value was written down to zero in the 2020 financial year.

d) Restricted funds

The restricted funds include unspent income which has been received in response to specific appeals and grants towards services. Surplus funds at the completion of a project, if the funding body approves, or if the contract terms permit retention, are transferred to unrestricted funds, when it is clear they will not be utilised.

e) Pension costs

The Charity operates a group personal pension scheme. The assets of the schemes are held separately from those of the Charity in an independently administered fund. The pension cost represents contributions by the Charity to the fund, which are recognised when they become payable.

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of general nature are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. Such income is only deferred when the donor specifies that the grant or donation must only be used in future accounting periods.

Income from charitable activities includes income received under contract or where entitlement to grant funding is subject to specific performance conditions is recognised when earned (as the related goods or services are provided). Grant income included in this category provides funding to support activities and is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.

Income is deferred when:

Where they are recognised in the accounts, gifts in kind or donated services are included at market value on the date of receipt.

- 22 -

Guideposts Trust Limited

Notes to the Accounts (continued) for the year ended 31st March 2024

1 Accounting policies (continued)

Expenditure is recognised when a liability is incurred. Contractual arrangements and performance related grants are recognised as goods or services are supplied. Other grant payments are recognised when a constructive obligation arises that result in the payment being unavoidable.

i) Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.

Creditors and provisions are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.

k) Going concern

The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. Based on this, the budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern and therefore the accounts have been prepared on a going concern basis.

l) Judgements and key sources of estimation uncertainty

The trustees are required to make assumptions on the basis on which amortisation of intangible assets is calculated. These are included as best estimates at the date of calculation but present a significant risk in potentially causing a material adjustment to the balance sheet.

- 23 -

Guideposts Trust Limited

Notes to the Accounts (continued) for the year ended 31st March 2024

2 Donations and legacies
Unrestricted Restricted Total Total
2024 2023
£ £ £ £
General donations 409,490 - 409,490 463,702
Government and local authority grants - - - 6,208
Legacies 214,977 - 214,977 556,391
────── ────── ────── ──────
624,467 - 624,467 1,026,301
══════ ══════ ══════ ══════
3 Contracted Services & Grants received
Unrestricted Restricted Total Total
2024 2023
£ £ £ £
Local Authorities & Other 513,033 - 513,033 486,067
BBC Children in Need - 29,219 29,219 22,895
Hertfordshire Community Foundation - 148,111 148,111 138,422
Adrian Swire Charitable Trust - - - 7,500
Burford Garden Centre - 5,000 5,000 -
Gloucestershire CCG - 279,581 279,581 126,000
Big Give - - - 4,574
Dementia Connections - 3,034 3,034 5,015
Barnwood Trust - 18,000 18,000 2,000
Hilda Farr Charitable Trust - - - 1,600
The Ammco Trust - - - 1,000
The Langtree Trust - 500 500 500
Mayfield Home Trust - 1,646 1,646 3,453
Meech Centenary Fund - 1,500 1,500 -
Mr & Mrs J. A. Pye’s Charitable Settlement
-		 1,500 1,500
-
The Doris Field Charitable Trust - 1,000 1,000
-
Gloucestershire Community Foundation - 2,500 2,500 -
The Benefact Trust - 6,000 6,000
-
David Solomon Trust - 500 500
-
W.G. Edwards Charitable Foundation - 1,500 1,500
-
MJC Stone Charitable Trust - 1,689 1,689
-
The Albion Trust - 1,000 1,000
-
The Pharsalia Charitable Trust - 5,000 5,000
-
PF Charitable Trust 2,000 2,000 -
Other - 790 790 -
────── ────── ────── ──────
513,033 510,070 1,023,103 799,026
══════ ══════ ══════ ══════
4 Other operating income
2024 2023
£ £
Miscellaneous income 5,750 3,494
Rental income 11,150 5,040
Interest received 36,427 13,657
────── ──────
53,327 22,191
══════ ══════

- 24 -

Guideposts Trust Limited

Notes to the Accounts (continued) for the year ended 31st March 2024

5 Net income/expenditure

2024 2023
£ £
This is stated after charging:
Auditors’ Remuneration - audit of these financial statements 7,000 6,600
- other services 1,800 1,400
Depreciation and amortisation 12,700 9,200
Operating leases - land and buildings 36,460 35,959
Operating leases - other 6,740 6,178
Interest payable - bank loan interest 5,019 3,983
══════ ══════
Employees
2024 2023
Number Number
The average number of employees during the year was:
Project staff 74 72
Fundraising 5 6
Administration 9 8
────── ──────
88 86
══════ ══════
£ £
Their total remuneration was:
Wages and salaries 1,524,741 1,443,512
Social security costs 107,212 102,581
Other pensions costs 80,162 77,173
────── ──────
1,712,115 1,623,266
══════ ══════

6 Employees

The charity operates a group personal pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost represents contributions by the charity to the funds, which are recognised when they become payable. Contributions owing amounted to £23,843 at 31st March 2024 (2023: £11,323) respectively.

None of the Trustees received any remuneration for their office and Trustees’ expenses totalled £77 for the year (2023: £ nil). Indemnity insurance of £580 (2023 £552) was paid in respect of the Trustees.

There was one employee with emoluments between £70,000 and £80,000 in the year (2023: one). The total paid to key management personnel in the year was £134,148 (2023: £137,870).

- 25 -

Guideposts Trust Limited

Notes to the Accounts (continued) for the year ended 31st March 2024

7 Taxation

The trust is a registered charity in accordance with Section 505 of the Income and Corporation Taxes Act 1988. As such it is not liable to pay corporation tax on any surplus applied for charitable purposes.

8 Analysis of Expenditure

Staff Support Depreciation/ Other Total Total
Costs Costs amortisation 2024 2023
£ £ £ £ £ £
Charitable activities 1,725,231 225,427 12,700 157,986 2,121,344 1,953,627
Raising funds 156,155 19,959 - 34,593 210,707 236,509
────── ────── ────── ────── ────── ──────
1,881,386 245,386 12,700 192,579 2,332,051 2,190,136
══════ ══════ ══════ ══════ ══════ ══════

The allocation of Support Costs is shown in note 22. Other charitable activity costs represent other costs of delivering services and contracts. Client activities, travel, training and premises costs. Other costs of raising funds include the cost of direct mail activity.

Included within charitable activities is restricted expenditure of £506,159 (2023: £332,945).

9 Tangible Fixed Assets

Fixtures,
Freehold Freehold Fittings and Motor
Buildings Land Equipment Vehicles Total
£ £ £ £ £
Cost / valuation
At 1st April 2023 352,000 98,000 135,352 26,454 611,806
Additions 6,750 - 2,200 21,000 29,950
At 31st March 2024 358,750 98,000 137,552 47,454 641,756
Depreciation
At 1st April 2023 - - 135,352 26,454 161,806
Charge for year 9,200 - - 3,500 12,700
At 31st March 2024 9,200 - 135,352 29,954 174,506
Net book value
At 31st March 2024 349,550 98,000 2,200 17,500 467,250
At 31st March 2023 352,000 98,000 - - 450,000

All assets are held for charitable purposes.

- 26 -

Guideposts Trust Limited

Notes to the Accounts (continued) for the year ended 31st March 2024

10 Revalued Tangible Fixed Assets

Two freehold buildings owned by the charity were revalued at 31st March 2023.

The basis for the revaluation was an external survey carried out by an independent valuer in October 2023 and his estimate of their value should they be placed on the open market.

The carrying amount for freehold buildings that would have been recognised at the end of the reporting period, had the assets be carried under the historical cost model is £179,010 (2023: £188,210). The gain on revaluation of £86,001 is shown within the funds analysis on the balance sheet as the revaluation reserve.

11 Debtors

2024 2023
£ £
Income debtors 121,700 112,662
Accrued income 50,876 38,881
Due from Be Free Young Carers 31,397 36,397
Prepayments 549 5,594
Provision for bad debts (85,682) (90,682)
─────── ───────
118,840 102,852
═══════ ═══════

12 Cash at bank and in hand

Cash and current accounts

Cash and current accounts 2,022,900 1,766,673
═══════ ═══════
Creditors: amounts falling due within one year
Bank loans (secured) 16,185 14,005
Trade creditors 20,815 28,151
Taxes and social security costs 72,537 42,190
Accruals and deferred income 338,760 177,308
────── ───────
448,297 261,654
═══════ ═══════

13 Creditors: amounts falling due within one year

- 27 -

Guideposts Trust Limited

Notes to the Accounts (continued) for the year ended 31st March 2024

14 Creditors: amounts falling due after one year

14
Creditors: amounts falling due after one year
2024 2023
£ £
Bank loans (secured) 77,494 92,559
─────── ───────
77,494 92,559
═══════ ═══════
Maturity of bank loan (secured)
- due in one year or less 16,185 14,005
- between one and two years 14,347 14,710
- between two and five years 52,239 49,063
- in five years or more 10,908 28,786
─────── ───────
93,679 106,564
═══════ ═══════

A loan from Triodos Bank is secured on two freehold properties at a current interest rate of 7 %.

The Bounce Back loan from HSBC is unsecured at a fixed interest rate of 2.5%, with repayments becoming due from December 2021.

15 Operating lease commitments

Total future minimum lease payments under non-cancellable operating leases were:

2024 2023
£ £
Land and buildings:
Operating leases which expire:
- within one year 16,772 16,722
- in the second to fifth years inclusive 33,250 39,200
──── ─────
50,022 55,922
═════ ═════
Equipment:
Operating leases which expire:
- within one year 5,791 6,949
- within the second to fifth years inclusive - 5,791
───── ─────
5,791 12,740
───── ─────

- 28 -

Guideposts Trust Limited

Notes to the Accounts (continued) for the year ended 31st March 2024

16 Repayment of capital

16 Repayment of capital
2024 2023
£ £
Decrease in borrowings
Debt due within one year:
Secured loans 2,050 (540)
Bounceback Loan 130 130
Debt due after one year:
Secured loans (9,762) (8,460)
Bounceback Loan (5,303) (5,178)
─────── ───────
(12,885) (14,048)
═══════ ═══════
17 Analysis of net debt
At 1st Cash At 31st
April 2023 Flow March 2024
Cash and cash equivalents 1,766,673 256,227 2,022,900
Bank loans due within one year (14,005) (2,180) (16,185)
Bank loans due after one year (92,559) 15,065 (77,494)
─────── ─────── ───────
Net (debt) / cash 1,660,109 269,112 1,929,221
═══════ ═══════ ═══════
At 1st Cash At 31st
April 2022 Flow March 2023
Cash and cash equivalents 1,420,841 345,832 1,766,673
Bank loans due within one year (14,415) 410 (14,005)
Bank loans due after one year (106,197) 13,638 (92,559)
─────── ─────── ───────
Net (debt) / cash 1,300,229 359,880 1,660,109
═══════ ═══════ ═══════

- 29 -

Guideposts Trust Limited

Notes to the Accounts (continued) for the year ended 31st March 2024

18 Associated charitable company

Be Free Young Carers

A partnership agreement was signed on 21st February 2014 which enabled the Charity to enter into a Constitutional and Service Level Agreement with Be Free Young Carers which enables the Be Free Young Carers to share the resources of the Charity. At the date of the agreement, Guideposts provided financial support to enable Be Free Young Carers to maintain services whilst a long-term strategic plan to develop and grow sustainable services to carers in the region for both organisations was researched and developed. To date the Charity has outstanding financial support totalling £31,397 to Be Free Young Carers by way of an intercompany loan. In the year ended 31st March 2020, the decision was made to provide against this loan as the extent of recoverability remains uncertain. A repayment of £5,000 was received during the year (2023: £5,000) and the provision adjusted accordingly. At 31st March 2024 the total provision against the loan was £31,397.

19 Ultimate Controlling Party

The Charity is controlled by a board of Trustees with no one person having overall control.

20 Related Parties

There were no related party transactions during the year.

- 30 -

Guideposts Trust Limited

Notes to the Accounts (continued) for the year ended 31st March 2024

21 Reserves

2024

2024
Unrestricted
Restricted Funds Revaluation General Total
Projects Reserve Funds Funds
£ £ £ £
Balance brought forward 1,397 163,791 1,800,124 1,965,312
─────── ─────── ─────── ───────
Income for the year 510,070 - 1,939,868 2,449,938
Expenditure for the year (506,159) - (1,825,892) (2,332,051)
─────── ─────── ─────── ───────
(Deficit)/surplus for the year 3,911 - 113,976 117,887
─────── ─────── ─────── ───────
Balance carried forward 5,308 163,791 1,914,100 2,083,199
═══════ ═══════ ═══════ ═══════
Analysis of net assets between funds
Tangible fixed assets - 163,791 303,459 467,250
Net current assets 5,308 - 1,688,135 1,693,443
Creditors falling due after one year - - (77,494) (77,494)
─────── ─────── ─────── ───────
Total 5,308 163,791 1,914,100 2,083,199
═══════ ═══════ ═══════ ═══════
2023
Unrestricted
Restricted Funds Revaluation General Total
Projects Reserve Funds Funds
£ £ £ £
Balance brought forward 15,175 77,790 1,485,838 1,578,803
─────── ─────── ─────── ───────
Income for the year 319,167 86,001 2,171,477 2,576,649
Expenditure for the year (332,945) - (1,857,191) (2,190,136)
─────── ─────── ─────── ───────
(Deficit)/surplus for the year 13,778 86,001 314,286 386,509
─────── ─────── ─────── ───────
Balance carried forward 1,397 163,791 1,800,124 1,965,312
═══════ ═══════ ═══════ ═══════
Analysis of net assets between funds
Tangible fixed assets - 163,791 286,209 450,000
Net current assets 1,397 - 1,606,474 1,607,871
Creditors falling due after one year - - (92,559) (92,559)
─────── ─────── ─────── ───────
Total 1,397 163,791 1,800,124 1,965,312
═══════ ═══════ ═══════ ═══════

- 31 -

Guideposts Trust Limited

Notes to the Accounts (continued) for the year ended 31st March 2024

21 Reserves (continued)

Unrestricted Funds

a) General Funds

These represent the reserves which are not designated for a specific purpose.

These represent the surplus on open market revaluation on two freehold offices owned by the Charity.

Restricted Funds

Projects

These funds represent the restricted unspent balances from several projects, which will be expended in subsequent accounting periods. Where the terms of the funding permit, unspent restricted funds are released to General Funds either when it is clear that all commitments relating to the project have been met for the period under review, for on-going projects, or at the end of the project life.

Where a project is forecast to have insufficient funding streams to fully cover its costs and if it is felt that the support of that activity would further the aims of the charity, the Trustees will decide to under pin that project from General Funds. Projects supported in this manner in the current year numbered 7, with a total value of £90,736 (9 in the previous year, with a total value of £157,060. This includes closure costs of services.

22 Allocation of support costs

The Trust allocates its support costs as shown in the table below. Support costs are allocated on the basis consistent with the use of resources.

Allocated to

Costs of
Charitable Raising 2024 2023
Activities Funds Total Total
General office 133,277 15,281 148,558 127,976
Information technology 62,364 4,379 66,743 66,743
Governance costs 10,687 - 10,687 10,312
Legal and other professional costs 19,099 300 19,399 25,959
─────── ─────── ─────── ───────
225,427 19,960 245,387 230,990
═══════ ═══════ ═══════ ═══════

Analysis of charitable activities support costs

Community Care Services & Projects

100%

Guideposts Trust Limited

Notes to the Accounts (continued) for the year ended 31st March 2024

23 Reserves

Reserves
At 1st At 31st
2024 April 2023 Income Expenditure March 2024
£ £ £ £
Friendship4All Service 525 149,929 (149,136) 1,318
Complex Emotional Needs Pilot (4,661) 279,581 (281,077) (6,157)
Other care service projects 5,533 80,560 (75,946) 10,147
───── ───── ───── ─────
Total restricted funds 1,397 510,070 (506,159) 5,308
═════ ═════ ═════ ═════
At 1st At 31st
2023 April 2022 Income Expenditure March 2023
£ £ £ £
Friendship4All Service - 138,422 (137,897) 525
Complex Emotional Needs Pilot - 126,000 (130,661) (4,661)
Other care service projects 15,175 54,745 (64,387) 5,533
───── ───── ───── ─────
Total restricted funds 15,175 319,167 (332,945) 1,397
═════ ═════ ═════ ═════

The Friendship4All Service fund is for the support of learning disability community support and befriending services.

The Complex Emotional Needs Pilot is for coaching and mental health services for clients with complex emotional needs. The deficit on this fund at the end of the reporting period will either be funded by income due in future periods for this project, or by the Charity’s unrestricted reserves at the end of the project.

The other care service projects are for the provision of support and care services for client groups related to disadvantaged children, mental health, learning disability, dementia and carer support services.

- 33-