Charity registratloh numb•r 279962 Company reglstratlon number 01486298 (England and Wales) CHRISTIAN FAMILY CONCERN ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
CHRISTIAN FAMILY CONCERN LEGAL AND ADMINISTRATIVE INFORMATION Trustees Miss S April- Chair DrD ABiown Mrs K H Ferguson Rev D A Rogers Mr D S Smith - Vice Chair Mrs L Smith MrL M Thomas- Honorary Tre8surer Mrs J Williarnson IAppoinled 22 June 20231 Company Secretary MrL M Thomas Charity numb8r 279962 Company number 01486298 R8glsterèd officè Wallis House 42 South Park Hill Road South Croydon Surrey CR2 7YB Independent examiner Miriam HTrck8on FCA Jacob Cavenagh & Skeet 5 Robin Hood Lane Sutlon Surrey SM12SW Bankers Barclays Bank plc 1 North End Croydon CR91RN HSBC Bank plc 1 Ald&rmans Hil London N134YE CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling ME19 4JQ Sollcltors Wellers Law Group LLP Ilncorporatlng Cooke Matheson) Dixon Hous8 72-75 Fenchurch Street London EC3M 4BR
CHRISTIAN FAMILY CONCERN CONTENTS Page Trustees, port Independent examiner's report 13 Statement of financial activities 14 Balance sheet 15 statement of ¢8sh flows 16 Not6S to thè fin8ncial statèments 17-27
CHRISTIAN FAMILY CONCERN TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2023 The trustees are p18as8d to present thelr report and financial statements for the year ended 31 March 2023. The financlal slataments have been prepared in accordance wlh the accounting policies set out in note 1 to the financial statements and comply wllh the charity's governing document. the Companies Act 2006 and "Accounting and Reporting by Charities.. Slatemenl ol Recommended Practice applicable to charities preparing iheir accounts in accordance wilh th8 Financial R8POrting Standard applicable in the UK and Republic ol Ireland IFRS 1021 leff8ctiv8 1 January 20191" STRUCTURE GOVERNANCE AND MANAGEMENT GOVERNING DOCUNIENT The organisation is a charitabl8 company limSled by guarante6, Incorporated on 19 March 1980 and registered with the Charity Commission under number 279962. The objects and powers of the company are established under Memorandum of Association and the Charily is gov8rn8d und8r Its Artlc18s of Assoclalion whlch were last revlsed in 2001. In the event of the company being wound up Members are requir8d to contribute an amount not exceeding £1.00. There are 37 Members ofAssociation as al the end of March 2023. TRUSTEE RECRUITMENT, INDUCTION AND TRAINING The aim is lo maintain an appropriate mix of skills and backgrounds on the managernent committee and where Fusible r8flèct 8speots of the wide backgrounds of our service users e.g. gender and ethnicity. Present Trustèès and th•lr backgrounds.. Sandra Aprll is a rellred Nurse MÈnager wlth experSence of working in servSces for chSldren and families. Anne Brown is 8 retired doctor and currently working as a relationshlp counsellor. Kathryn Ferguson 18 a soo81 worker with experience of supporting families and women. Davld Rogers is a s8rving church minister, has been a school governor and has a record of charitable and community work. Davld Slmon Smith is a retired teacher and a current school governor and has a record of charltable and communily work. Lydla Smlth 15 a tralned Nurse. runs her own Community Interest Company h8lpSng asylum s88k8rs flnd work and has b88n clos81y Involved wilh the Walsh Government in this area. Lyndon Thomas has experiellce of senior management in a large commeraal company. His acumen is In loglc, finance and organisation. Jean Williamson is a rglired t8ach8r with &xperienc8 in Early Year5, Still very adive in working with young ¢hildr8n al her local church. New Trustees receive.. A link lo th8 publication "Tha EssenUal Trustee.. what you need to know publication by th8 Charity Commission. 2. Memorandum and Articles ol Associaffjon 3. Most recènt annual report 4. Minutes of recent Trustees meetings 5. Chri8ti8n Famlly Coneem objectives for the current year New Trustees will have mel wlth both the Chair of Tnjstees and the Chief Executive Officer and will have a one-lo- one rneeting with another Trust8e subs8qLJ8ni to appointmant. Trustees are either drawn from the existing m8mbership of the charity Ihavlng some knowledge of Chrisiian Family Conceml or recruited Into Membership with a view lo taking on IrLJStee responsibilitie5 immediately. l Trustees need lo be able to demonstrale an aclSve Christian faith and an ability and comrnilmenl lo uphold thè Christian ethos of the charity. They are encouraged lo participate in areas of the charity where their skills are best suited.
CHRISTIAN FAMILY CONCERN TRUSTEES. REPORT {CONTINUED>{INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2023 All Trust8es ar8 volunteèrs appolnled sublecl to obtalnlng an Enhanced Disclosure from the Disclosure & Barring Service lin keeping wilh both the Charily's own child PTOteclion policy and legal requirements lor organisalions worklno wlh ehildrenl and approval by Olsted where necessary. RJSK MANAGEMENT Risk managernent is embedded in the work of Christian Family Concern and all those involved in the Charity. The Trusle8s hav8 consid8r8d th8 malor risks to which the Charity is exposed and have developed a risk rnanagemellt policy lo rnitigale exposure to these. Th8 diff8r8nt types of risk to whlch the Charity may be vulnerable indude.. Damage to reputation. Receiving less fundlng. fewer donations or losing money through inappropriate investm8nts. Change in the GovemmÈnl's policy on a particular Sssue. affeetlng grants or conlracls. Key staff leaving a small Charily Any olher issues threatening the operational vi8bility of the Charity Reduction In Income In operational areas. Chii51ian F8rnity Concern's pollcy is to identify any potential risks that could prevent the Charity from meeting th8 needs of its beneficiaries by puttlng1n placè processes Ih818ssess and manage each risk. In this it follows the RS8k Management Model recommended by rhe Charity Commlsslon. ORGANISATION STRUCTURE The Members of AssociBtion appoint Trustees who monitor, evaluate and strategically manage the work ol the Gharily. The Tiusle85 ar¢ also responsible for appointing and thereafter supervising the Charity's Chief Ex8CUtive Officer. They hold al188st six m8etings per year in which they consider detailed reports from all areas of the charity. In accordance with our management structure. the Chief Executive Officer lakes responsibility for the operational management of all servi¢8s. The Chief Executlve Officer also conlribules lo the Trustees. strategic direction of the charSty and rnests regularly with the Senioi Management Team. All job desciipllong provide clear lines of accountability. Members of Association Trustees CEO Senior Management Team Stsff and Volunteers
CHRISTIAN FAMILY CONCERN TRUSTEES. REPORT (CONTINUED)IINCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2023 SENIOR MANAGEMENT TEAM Upendo Jordan holds the post of Chief Executive Officer, Megan Wrelord that of Senlor Housing Support Officer and Chloe Llndsey that of Ch8rity Admlnistrator. Sharon Williams left the post of Finance Officer and was rePlad by Trevor Saint in August 2022. Rukhsana Sweeney held the post of Nursery Head Teacher from May 2022 until January 2023 and w85 r8pl8£ed in February 2023 by Dawn Watt who pr8viously held the post of Deputy Head Teacher. RELATED PARTIES The Charity's past history as an adoption agency means that we still have Members and suppomers from all around the UK including some churches outside of Croydon. A number of churches In the locality take an interest in our work and make regular requests for speakers. Many Churches continue to support us with prayer but 7 churches/ groups stjpported us financial this year.. The Vale Gospel Hall, Coulsdon, Surrey. Croham Road Baptlst Church, South Croydon, Surrey. Emmanuel Church, South Croydon, Surrey. Sanderstead United Reformed Church, South Croydon, Surrey. Selsdon Baptist Church, South Croydon, Surrey. The Church ol Holy Saviour, Croydon. Surrey. Churches Together In Sanderslead. Beracgh and Wallis House Beds(( schemes are both registered as Houses in Multiple 0upatiON with Croydon Houslng Department and are subject lo regular inspection by EnronMental Health. The Housing Department and Social Services at local councils along rith Ihe Family Nurse Partnership are regular referrers lo the bedsits and in effect were purchasers of our services in this financial year. All monies received in this respect We by way ol payment for services provided and not in the form of grant5 01 any sort. We also work eollaboratively with other local community teams from perinatal mental health, 88fegu8rding midwife and he81th We subscribe to a number of organisalions such as the Croner 14R Services, Day Nurseries. Eady Years Alliance. National Council lor Voluntary Organisatlons. National Day NurserSes Associallon. Nursery Wodd and Reglstered Landlords AssoGialion. OBJECTIVES AND ACTIVITIES MISSION STATEMENT Christian Family Concern seeks lo express the love ol Christ in action. It provides services lo help parents meet their children's needs, to support the welfare of young people, and works with a11 sections of the communlly without discrimination. Our charltable purposè as stated In our governlng document- 'is the reli8f according lo the principles and practice ol the Protestant Evang81iGg1 Faith. .af childr8n......young persons.,...parenls and pregnant women in need of ¢are and proteclion,.
CHRISTIAN FAMILY CONCERN TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2023 OUR PRINCIPALACTIVITIES In pursult of Ihls purpose, wè l)av6 lor the last year been operating.. BIRDHURST NURSERY Afifty-sSx place registered Day Nursery for children under live. The last Ofsled inspe¢lion rated the sttrvicè as 'Good' in February 2023. BEDSIT SCHEMES The Charity runs 2 bedsit sch8mes with a total capacty of 21 units. We provide short-temi. semi-independenl accommodation currently funded through Intensive Housing Management monies, claimed as housing bgn8fit by our service users. Wallls House Bedsit Scheme is primarily for lo first-ts'me single mothers and pregnant youno women usually in their t88ns whereas Beracah Bedslt Schgme Is for sllghlly old8r singl8 mothBfs and pregnant women with lower- level support needs. ACHRISTIAN COUNSELLING SERVICE The counsellors m88t the majority of elients face to face on site at Christian Family Concern with a small number of clients opting lo conlillue with the servlee via zoom. Thè number of sesslons averaged 26 per month Ihis year. In all that we do, in keeping with our purpose, we airn lo expr8ss the love of Christ in adion. OBJECTIVES FOR THE YEAR UNDER REVIEW 1. Servic8S To maintain 8 sustainable Christian charity operating a range of hioh-quality seNices relevant to.. The needs of homeless young mums and Ihelr chlldren. The needs of families in the local Community seeking nursery provision. The wellbeing of individuals who may be helped by empathic counselling. 2. Properties Wallis House b5ock- ReplacetM8nt and sealing of all doors tr) meet statutory fi regulAtion requirements. Beracah block- Replacement of boiler. Nursery- Refurbishment of toilet area adjacent lo staff r(K7m (Seal's Toilell. Nursery- Replac8ment of window5 on the side lacing South Park Hill Road. All of the objectives idenlified underproperti88 hav8 b86n 8chlev6d during ths course of the ye8r. In 8ddltlon to thls Ihere has also b8en som8 work re-configuring th& rooms in lh8 nursgry Gre81ing a larg&r room for lh8 Iwo-thr&6 y6èr old age group. Both children èncl staff have been pleased with the bright and airy room gh81 they are now in. 3. Leadershlp Recruit 8ddlh"on81 Trustees with HR. Financial and Early Years knowledge and experience. Appoint a Head ToaGher and Dèputy Head Teacher for 8irdhurst Nursery. Accessibility of CEQ and Trustees to be communicated regularly to all staff. Staff feel stjpported by the GEO who has overall responsibility aosS the slle and Is 8vailab18 if required by staff. Tnjstees make règular $1 on site providing visible and accessible leadership for all staff. Pul 8 risk register which Idenisfies major risks in place. Pul in pla¢e a Business Continuily Plan. A new Truslee was recruited in the latter part of the ye8r and will lakè h8r ptssillon In Mèy 2023. Thèra have been a number ol changes made lo the managem8nl slru¢tur8 Within lh8 nurssry. Th&r8 is now 8 Head Te8cher s Depuly Head Teèeher in post working with Ihe addition of two roles, a curriculum lead and a Safeguarding and SEN Lead, lo support the smoolh op6ration of Ihe nursery. The CEO and Trustees are accessible and seen Irequently across th8 Slt8. Th8 CEO h8s built good rapport wilh stall &n(l is available and accessible to all staff as necessary. Truslees have participaled in nuery staff tiaining days when invil8d. The Chèir of Trustees, èmail address is bvailèble to all staff ancl clisplayed on the slalf nolice board in Ihe nursery.
CHRISTIAN FAMILY CONCERN TRUSTEES. REPORT (CONTINUED){INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2023 3. Leadershlp {contlnuedl A risk r6918ler for the eharily is now In plac8, thls IdanlI&S &ny m8ft>r risks. IÉ is subjèct lo on-going rèvl8w 8nd updaling by the Truslees. A Business Continuily Plan has been developed. 11 provides guidance on procedu$ lo be undertak&n in Gase of major incidenl, forinslance if the bedsits become uninhabilabl6. 4. Stafflng Nursery to have a full complement of staff and mlnlmlse the use of agency staff. All staft up lo dale with mandalory trainlng. All st8ff have had 8 p8rsonal d&v81opm8nt r8vi8w with Lin8 Manager. All staff have been encouraged to undertake Continual Professional Development aclivitiesltraining. Pul a system in place for peer lo peer. obseNations. Records ol staff Personal Development reviews. mandatory training and peer to peer, observations lo be recordèd and kepl up to dale. There has been a 50°A reduclion in costs relaled lo agency staff used in th8 nursery although ther8 are slill 8 number of vacancies. Whilst all staff are up to date with their mandatory training, syslems olrecording 8nd upd81ing tr8ining and personal development reviews are not yel embedded. Line managers in Ihe nursery are in Ihe process ol ensuring Ihal all slaff have a personal development review and encouraging staff to undertake levan£ training 8nd professional developmenl tIvitieS. It was idenlilied that a syslem of peer lo peer obseryalion was an nalIst expectation given the staffing levels in Ihe nursery. 5. Flnance To publish a financial strategy. Re-develop contact with Croydon Churches Forum. A Financial strategy was published and agreed by the Truslees in July 2022. Contact has been re-eslablished wilh Croydon Churches forum with tmste&s 8ttending meetings when available. 6. Support Combine and redevelop CFC and Blrdhurst nursery websites. Cr&at8 a promotional vid80. Visits lo local churches. Work to combine and redevelop CFC and Blrdhurst Nursery webslles Is in Its complellon st8ges and a proMotnal vldeo has b8en cr8ated. Visils lo local churches have b8en undertaken lo promote the work of Ihe charity.
CHRISTIAN FAMILY CONCERN TRUSTEES, REPORT {CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2023 7. Nursery Ensure that children with Special Educailonal Needs receive optimum care in the nursery. Rated Outstanding at next Otsled visit. Ofstets inspecl8d the nursery on 23 January 2023 and a raling of Good was giv&n. A new role of Safeguarding 8nd SEN Lead has begn created in thg nursery lo ensure that children with Special Educalional Needs receive oplimum care and educètion in the nursery. 8. Houslng Develop a programme of support for the mothers in the bedsils. Th8 Housing Support T88m h8V8 d8V81op8d 8 programm8 of support for molh8rs which includ8S P8rson8lis8d support. 8nd group sessions such as cooking, outings and other aclivities. The programme was developed so that Ihe molhers in the bedsits get practlcal support to develop a healthy lifeslyle and posilive parenling skills. Social aclivilies also help Ihem lo feel less isolated in their accommodatn. 9. Counselllng Provide feedb8ck from service useTS. Cliont f843dback on counsolling 8elVi¢08 hgs been reported. 10. Ethos Ensure staff recruitment indudes the consideration by candidates of the Christian ethos of CFC. Values and behavlours to be embedded In organisation31 processas Look for ways to strengthen the Christian ethos through the111e of the charily. Pursue all the foregoing objectives in 3 way that expresse8 8nd prornoles OUT Christian ethos, ¢orisistently measuring all we do against our Christian idenlily. Values and behaviours are embedded in organisational processes with each new member of staff given a copy as part of Ihelr inducllon lo the organisalion. Monthty st&ff 8nd trustee prayer meetlngs conlinue on slle Bnd sefrvices 8V8nls for nurs8ry children sr6 h8ld al Ihe Croham Road 83plisl Church e.g Nativily play 81 Christmas. All Trustee me8tings contlnU8 to open and close with praygr and the Tru8t$Q8 continu& lo hokl a y&arlyproyermogliru. Summary- Th6 Trustees grè grateful to thè staff for their h8rd work and commitmènt whieh has resLSlted in the charily meeting the majorily of the objectives sei for the finanoial year 2022-2023. The Trustees are also grateful to the Members, Supporters and volunteers who have also played a vi181 role in sustaining the ¢harity. As we look fotward to the coming year our biggest challenge wll be to ensure that the financial posilion is secure and sustsinable lono into Ihe future.
CHRISTIAN FAMILY CONCERN TRUSTEES, REPORT {CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2023 PERFORMANCE DATA- NURSERY PRE SCHOOL IRDHURST NURSERY PRE SCHOOL 021- 2022 022- 2023 otal number of children using the service olal number of sessions of ¢hildcare used (based on 2 sessions p8r dayl verall percentage occupancy through the year 144 153 19,728 19.794 0% Number of days the Servi was open 49 47 The past year was another challenglng year for the Nursery, In terms ol both occupancy and revenue. This time however, it was due to the irnpact of the cosl-of-llvlng crisis and the significant increase in minimum wage which in turn put pressure on overall staff wages. Reeruitment of suitably qualified staff in the chIld¢a sector has also been anolhgr challenge for us at Birdhurst r8sulting in the occaslonal r81ianc8 on Agency staff. The focus for the Nursery Ihls year, was to increase occupancy In line wilh rallo statislies for siaff lo children's numbers. The upt8ke of nursery places was predominantly in thè preschool group wlth malority of parents limiting Ih91r $8ssions lo their freg allowanc8 of th8 gov81nrn8nl fund8d houis, which impact8d h8avily on th8 Ilnanees of the Nursery, due lo the low funding rates for Ih8S& S8SSlOnS. Ateas of learning.. Personal. Social and Emotional Development {Prlme areal Communlcatlon and Language (Prlme areal Physical D8V81opm&nl IPritn8 are81 Literacy Development Mathematics Understanding the World Expressive Arts and Design We were able to assess the developmental levels of those children attending at the end of the summer term 2022, prfor lo their leaving us to enter mainstream or specialist education settings. Levels ol deveSopment were much irnprov8d as th8 children had a full year of stability in comparison lo th& last 2 y8ars that W8r8 affected by Covid pandemic. A restructure of the nuTsery management team w8s carried out to appoint a Curriculurn lead and a Special Education Needs and Safeguarding Lead who commenced employment in February and Mareh 2023 respectively. This was in order lo provide greater fo¢us on the ¢hildren's curri¢ulum and well-being 8nd also offer targeted support to those chiklren with Special Educational Needs. Following an inspection from Olsted the Nursery was rated "Good. in February 2023 with much praise in many areas.
CHRISTIAN FAMILY CONCERN TRUSTEES, REPORT {CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2023 PERFORMANCE DATA- BEDSIT SCHEMES ALLIS HOUSE 2021-2022 2022-2023 otal number of mothers accessing th9 service 26 20 ercentage Occupancy 87% hild protection or child welfare issues 17 12 Returned to education BERACAH BEDSITS 2021-2022 2022Q023 otal number of Mothers accessing the service 18 25 Percentage Occupancy hild protBction or child welfare issues Returned lo edu¢alion 93/0 The Supported Accommodation seNice has b8en in high detnand Ihi5 year with occupancy levels higher than the last year. We continue lo receive more referrals than in previous years and have adopted a waiting list. Our Housing related Support services, worked wlh 45 families during the year (some families lived in both buildings during the yearl. Of the 45 families, 19 famS1i¢s had acSsed the sèrviee In 202112022 and 26 families coniinued to access Ihe service ihrough 202212023. 19 famlllès movèd on successlully to independent living. 6 moved on from the service to aeeess accommodalion that could provide a higher level of supw)rt than what we are able lo offer them. 5 families were evicted for various reasons. A record no of 8 of our mothers returned to education. Many of our families receive extra support from 6xtèmal services, 21 families engaged with the Family Nurse Partnership. which is a heallh-based service for mothers under the age of twenty. They work with families from early pregnancy until the child is two years old. providing support and parenting skills whllst ensuring the child is developing approprlately. The housing staff liaise with the Family Nurses lo enh8n¢e th8 SUPPOrt we jointly offer. The Farnily Nurse Partnership continues to be responsible for signposting a Lgrge number of referrals to our accommodation. 29 of our farnilies have be8n known lo Chlldren's SocSal Care and hadlhave allocated Social Workers. 6 of Ihasts farnilies were either subject to Court proceedings or the children were on Child Proteciion plans, these families required a higher level of support from the housing Support Te8m. Al ChTlstlan Famlly Concern, our aim is lo empower and enable the young mothers in our care to gain eonlldence and independence so that when they move on, ihey are able lo cope well enough lo m8nage 811 aspects of their lives as well as possible. All our residents go through a unique journey which is attributed lo an individually tallored service based on our support programm6. This year our bedsit learn extended th8ir group work to include more hands-on activities and events with a focus on different themes throughoul the year.
CHRISTIAN FAMILY CONCERN TRUSTEES. REPORT (CONTINUED)IINCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2023 PERFORMANCE DATA- BEDSIT SCHEMES Icontinuedl The re8iden18 have taken part and enjoyed var*ous activities such as inhouse mother and baby photo shoots, "murnrny and me, art and craft, sessions, on site mental heallh awareness talks delivered vla 6xternal agencies, Christmas lunch, continued partnership with our local church Croham Road Baptist Church for rnonthly cooking sessions where we explore different recipes all year round. We also had on8 off sessions, induding BBQS in the Beracah garden. various day tp5 to Brighton, Deen Cily Farm. London Zoo and our local parks. We have been assigned an Independent domestic violence advisor IIDVAI Ihrough the Family Justice Centre. They visit Christian Farnily Concern once a month and hold one to one, face to face. appolnlments wlth any of our mothers should they need additional relationship supporL The last year has been particularly challenging for many of our residents who have faced financial hardship due lo the eosl-of-living crisls. Budgeting skills have b8com8 rMor8 crucial Ih8n ever. with some of our residents havillg to access food via food banks. Our in house"Hop8 supplies" fwd appeal has enabled us lo build a good stock of food supplies which all residents have access to daily. Some of our local food banks including Purley Food Hub, have also been very supportive in filling Ihe gap. Cash funds from our emergency 'hardship' fund lor the residents who are struggling is also available. We are thankful to all our donors who continue to enable us to support oui residenis in ihis way. The dedine in affordable housing availability and stod( has been p8rticul8rfy cha118nging for our residents who are ready lo move on. The housing crisis means meny of our residents end up living in emergency accommodation for long8r periods of lime than hoped. This can be unsettling for some ol our young mothers, having moved out ol our secure hwJh standard accomrnodation. We continue to support and prepare our residents for a positive move on as best we can and are also engaging with our local councillors to see how the counell may be able to support us as an organisation in making the move on experience a ptssitive one. PERFORMANCE DATA- COUNSELLING SERVICE Th8 COUn8811ing s8rvi¢e has been in great dernand over the past year. We have recruited a fourth counsellor, Alex, who is now working with us on one day per week. However. demand is increasing and there is still a waiting list lor our services. We firmly believe il is important when people leave us, Ihal they are able to rètum to their normal lives with the necessary tools lo help them cope in future. The issues we deal with are many and varied, including faith Issues but also more seeular problems. Whatéver pèoplè bring we hope and pray that the time spent with us will b8 fruitful and leave Ih8m with good m8moTi8S of us and our s8riric8S. COUNSELLING 021 . 2022 2022 - 2023 otal Number ol Counselling Sessions. Held otal Number of Clients Altending Counselling olal Nurnber of New Assessments 14 olal Number of Staff supervion S8ssions' Each s888ion is an hour Counselllng setrvlce user feedback "The cotJnselliFJg sessions have been v&ry helpful fo my lif8. When my sessions 8ntled, I f8lt very good within myselv "The bursary I have received from Chrislian Family Concem has enabled me lo have vèluèble eounselling whlch Otheis& would have been very difficult form8 10 8Cee&S"
CHRISTIAN FAMILY CONCERN TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORTI FOR THE YEAR ENDED 31 IWARCH 2023 FINANCIAL REVIEW The financial year ended 31 March 2023 pr£Kluced a d81Icil of £75,813 compared with a deficit of £44,402 in the previous year. Income from fees and renls was £875,602 and was up £48,464 on the previous year. Charitabls activities expenditure was also up by £14,906 al £1,005,965. Donation and legacy income fell by some £60,000 on the previous year, down to £62,000. We are. of course, grateful to all supporters who contribute financially. We a reliant on such incomè in our attempts to operate at br8ak-even, or make a small surplus, and 50 have In5tituled a program of fundraising Into the future. The £75.813 deficit meant that our funds, StrIcted and unrestricted, fell to c. £1,009,000 which remains consistent wllh the Trustees. agreed policy in respect of the reserves required to sustain the Charity on an ongoing basis. FUNDRAISING We do nol use any oulside organisation lo help with our fundraising. We publish e newsleller three times a year which Is sent to our membèrs and other supporters, and in thosè publications, wo may ask Ihem to 5UPPOrt n8W inith"atives. Occasionally, we will make an application to a grant making body for financial support. We received no complaints in respect of our approach to fundraising in the year to 31st March 2023. PUBLIC BENEFIT As indicated pr8vious reports the Trustees arg aware that charity law and guidan from Ihe Charity Commission require us lo report on how we provide 'public benefit. and we have had due regard to them when planning the charity's activilles. All of our activities fit wlh our charitable purposes as set out in our governing document and Are entirely charitable in nature. Many of the Birdhursl Nursery children are on Early Years funding. Some of the young mothers in our bedsit accommodation have been able lo aCsS childcare funding through the Care to Learn Scheme, which enables them to further their educatlon whilst thelr chlld attends the Nursery. The Charily also offer a hlgh level of publlc ben8fit in its coun5811ing piovision. Most clients ara on bèn8fits and Can only makè voluntary contributions which are augmented by bursaries. INVESTMENT POLICY The Truslges have decided that so long as Investments tolal less than £200,000. M&G Charlbond is an appropriate collective investment scheme. If the investments exceeded £200.000, or Christian Family Concern was given specific investments, the Tmstees would reconsider that pdiey. RESERVES POLICY Christlan Family Concern holds fLJnds at lev&ls that Trustèas dètermlne from tlme to timè (see below). Rèserves arè held in keeping with th8 charitls investment policies involving a low level of risk. These funds are held for the purposes below. The charity is car8ful, prayerful, prudent and detailed in 118 financi81 planning ar monitoring le.g. comprehensive budgets and monthly management accounlsl. These are the charity's primary tools in rnanaoing finanaal risk. 1. Cash Flow Management To manage th8 day to day, w88k Io w88k and monlh to month vari81ions I incom8 and 8XP8ndilur& and 8nsur8 that the charrty can operate efflIvely, paying bills as they fall due. and providing seN¢e8 without interruption. 2. Contlngency To wver unfor8588n deficits, wé take ac¢ount of.. Forecasts of levels of earned and voluntary income 2 3 years ahead la timescale intended to allow for remedial aclionl. Levels of expenditu related to th8 charity's actwitiès over the same perKXI. The relative i&liabilily or vulnerability of income sources related lo each of the charity's aclivilies. An 8nalysis of conlingencies or risks that includes judg8ments of the likelihood of Ihern occurring and the potential consequences. 10-
CHRISTIAN FAMILY CONCERN TRUSTEES, REPORT (CONTINUEDI{INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2023 3. RefLFrbishment An eslablish8d planned maintenance prcgr8mme is in place,. this ctsnsirlers long lerm pmjects and Ihe 8nlicip81ecl ¢api(al expendilure in th8 y88rs ah8arl. Some £61,000 of capilalised expendilure was incurred during the year on iipgr8ded f8cili¢ies across our thre6 npain buildings. Routine maintenance and repairs are ¢overed within the charity's annu81 budget and spending plans. 4. D&vèlopm8nt The eharlty's current a¢tivities are planned so that ongang costs can be reasonably 8xpected to be mel by èarnad and voluntary Income on a yearly basis. From time to lime the Charity maylwill identify new areas of work- unmet need8 that fit within the objectives of th8 charily OT ways of exl8nding or developing existing seTvice5 that r&quire 'slart up, funding, wheth8r capital or revènue. Polenlial developments will vary in scale. some ol which have a longer'geslalion, period and require larger sums meaning a balance might be relained in the devèlopment fund for more than a year or two. From tlme 10 1Sme in ils hislory the ¢harity has. like Others, had to end or withdraw from particular activities or services. Thi5 lead5 to som& closure ¢osls. In tnost cases c105ure costs are Ilk61y to be covered by drawing on e&c of the four areas as set out below. The charity can. ol Course, only hold reserves 81 or above the minlmurn where our incomela$sets allow. This policy, as well as the designated amounls. is reviewed and eilher Lonfirtned or amened on a yearly basis by the Trustees. Indeed, the Trustees keep all the Charfly's various policies under continuous review. Sug9ested level ol reserves that Ihe charity should aiin lo hold for 202> 2024 ara.. Cash Flow Mana ement £ 45,000 £ 50,000 Contin enc Fund £ 80.000 £100,000 Refurblshmont Fund £ 25,000 £ 50,000 Develo ment Fund £ 25,000 £100,000 TOTAL RESERVES: £175.000 £300,000 CUrtIY the charity holds invesltnen15 in the suffl of £133,555 Isee note 111. Tangible fixed asse15 Stood al £760,188 Isee nole 101. Additionally, at the end of this reporting period our nel current assets were £115,425.
CHRISTIAN FAMILY CONCERN TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH 2023 STATEMENT OF TRUSTEES. RESPONSIBILITIES The Trustees Iwho 8r& also dir&ctors of Chiistlan F8mlly Concarn for the pvrposr)s ol eompany lawl are responsible for preparing the Trustees, Report and th8 financial slalemenls in accordance with appllcab18 13w and Unllèd Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practi1. Company law requires the Truslees to prepare fin£neial statements lor each financial year. Under that law the Trustees have elected lo prepare the fin8nei81 statements In aceordanee wlth Unlted Klnodom Accounllng Standards {Uniled Klngdom Generally A0pIed Accounting Praclicel. Under company law the Truslees musl not approve Ihe financial statements unless they are satisfied thgt th8y giv8 8 true and fair view of the stsle of affairs of the charitable Company and of the incoming resourc85 gnd applicatEon of resources, including the income and expenditure. of the charitable company for that period. In preparing these financial statements, the Trustees are required lo.. Select 5Ultable accounting pdieAes and apply them consistently.. Obs8fV8 the méthods and principles in the Charilia5 SORP.. Make judgements and estimates that aré r8asonabl8 and Prudent.. State whether applicable UK Accounting Standards have been followed, subject to any material departures dlsclosed and explained in the financial s(atemenls'. Prepare th8 financlal statements on the going concern basls unless it is inappropriate lo presume that the eh8rit8blè wmp8ny will contlnua Ils opar8tlons. The Trustees are responsible lor keeping adequate a¢counting records that 8re sufficient lo show and fjxplain the company's transactions and disclose with reasonable accuracy at any time Ihe financial position of the charitab19 cotnpany and enable them to ensure thal the financial statements comply with the Companies Act 2006. They are also responsibl¢ for safeguarding the assets of the charitable company and hence for taking reasonable steps lor the prevention of fraud and other irregularities. Independent examiners A resolution will be proposed at the Annual General Meeting gardIng examination ol the Charit¢s accounts. The trus to smal ees. report was prepared in accordance with the special provision ol Part 15 of the Companies Act r818ting co pani s and approved by the Board of Trustees. S Apri Chair of Trustees L M Thoma5 Trustee, Honorary Treasurer & Company Sè(wl8ry Dated.. 18 August 2023 12-
CHRISTIAN FAMILY CONCERN INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHRISTIAN FAMILY CONCERN I report to the trustees on my examlnatk)n of the flnandal statements of Christlan Famlly Concem Ithe eharltyl for thè yèsr énded 31 March 2023. Responslbllltles and basls of report As the trust8es of th8 charity land also rts directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Acll. Havlng satisfied my581f Ihat th8 finan(ial slalem8nt5 of th8 chaiity are not 18ouir8d to be audiled under Part 16 of the 2006 Act and are eligible lor independent exarnination, I r8FX)rt in respect of my examination of the charity's financial stat8ments carried out under section 145 of the Charilies Act 2011 Ilhe 2011 AGII. In carrying out rny exarninalion I have followed alb the applicable Directions given by Ihe Charily Commission under section 14515llbl of the 2011 Act. Independent examiner's statement Since the charily's gross income exce8d6d £250,000 your examiner must b8 a m8mb8r of a body Ilsted in section 145 of the 2011 Act. I conlirm that l arn quallfied to undertake the examination because l am a memb&r of ICAEW. whichls on8 of th8 listed bodi9S. I have completed my examination. l ¢onlimi that no matters have Gome to my attention in connection vjith the examination giving me cause lo believe that in any materSal respect.. Accounting records were not kept in respect of the charity as required by seotion 386 of the 2006 Act., or The fin8n¢ial st8leTnenls do not ac¢ord with those records,. or The Iinaneial slalements do not comply with the Èecountlng requlremenls of sectlon 396 of th8 2006 Act oth&r than any requir6m8nl th81 thé aiLounls giva a tru8 and fair vi8w whlchls not 8 maller wnsidered 88 Part of an independent examinaliom., or The financial 5tatetnent5 have not beèn prepared in accordanc@ wth thE m8thods and princip18s of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparlng th91r accounts In accordance wth the Finanol81 Reporting Standard applicable in the UK and Republic of Ir8land IFRS 102). I have no concerns and have come across no other matlers in connection with the examinaOn lo whlch atlenllon should be drawn In th15 report In order to enable a proper understanding of the financial Statements to be reathed. Mlrlam Hickson FCA Jacob Cavenagh & Skeel 5 Robin Hood Lane Sutton Surrey SM12SW D&ted'. 70 13
CHRISTIAN FAMILY CONCERN STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrestrlcted Restrlcted funds funds Totsl Unrestrict8d Restrlcted 2023 funds funds Tolal 2022 Notes Donations and legaoes charil8b18 activities inoomo Investtnenls Other income 59,818 875,602 3.701 153 1,757 61,575 875,602 3,701 153 106,306 827,138 3.207 1.866 15,029 121,335 827,138 3,207 1,866 Total incom8 939.274 1,757 941,031 938.517 15,029 953.546 Raising funds Charit8ble activitles expendlture 540 1,004,208 540 1.757 1,005,965 1g6 976,030 196 991,059 15,029 Total expendlture 1.004,748 1,757 1,006,505 976,226 15,029 991,255 Net expendllure for the yearl Net expenditure for the yearl Net movement in funds 165,4741 165,4741 137,7091 {37,7091 ReconclllalSon of funds Fund balances at 1 April 2022 1,068,390 6,250 1,074,640 1.116,438 6,250 1,122.688 Fund balances at 31 March 2023 1,002.916 6,250 1,009,166 1,078,729 6,250 1,084,979 14-
CHRISTIAN FAMILY CONCERN BALANCE SHEET AS AT31 MARCH 2023 2023 2022 Note8 Fixed assets Tangible 8ssets Inv8slmgnts 10 11 76Q.186 133,555 746,857 143,894 893,741 890,751 Current assets Oeblors Cash al ballk and in hand 12 41,217 139,709 125.659 112.825 180.926 238,484 Credltors,. amounts falling due within one year 13 165,5011 144.256} N&t current assets 115.425 194.228 Total assets les5 current Ilabllltle5 1,009,166 1.084,979 Income funds Reslricted funds triete Designated funds General unrestricted funds 16 6.250 6,250 15 691,808 314,108 691,808 386,921 1,002.916 1,078,729 1.009,166 1.U84,979 The company is entitled to the exemption from the audSt requiremglll contained in section 477 of the Companies Acl 2006, for the year ended 31 March 2023. Tha directors acknowledge their responsibllilles for eomplying with ttrie r8qulrements ol the Companles Acl 2006 with respect to accotjnling records and the prepaTation of financial slalements. The memb8rs have not required the company to obtaln an audit of its linandal statements for the year in question in accordance with section 476. Th8se financial stglemenls have been prepared in accordance with thè provlslons applicab18 to compani8s subj8Ct to the small companies regime. The financial statemenis were approved by Ihe Trustees on 18 August 2023 S Aprll Chair of Trustees L M Thomas Truste&, Honorary Tr8asurer & Company Secretary Company règlstration number 01486298 15-
CHRISTIAN FAMILY CONCERN STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 Notes Cash flows from oparating actlvltl&s Cash generated fromllabsorbed by) op8rations 18 92,401 153,3111 Investlng actlvltles Purchase ol tangible fixed assets Inveslment income received 169,218) 3,701 147.1511 3.207 Net cash used in investing activities 165,5171 143.9441 Net cash used In financlng actlvltles Net increaselldecreasel in cash and cash equivalents 26,884 197,2551 Cash and cash equivalents at beglnnlt)g of year 112,825 210,080 Cash and eash èqulval•nts at end of year 139,709 112,825 16-
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accountlng pollcles Charity infornialion Chrisllan Family Concern Is a private company lirni18d by guaranle8 incorporat&d in England and W818s. The registered office Is Wallis House, 42 South Park Hlll Road, South Croydon. Surrey, CR2 7YB. 1.1 Aocounting convention Th8 financial stalemenls hav8 been prepared in accordance with the charity's Memorandum and Artioles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement ol Recommendeol Practice applicable to charities preparing their accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191" The charlty Is a Public Benefit Entity as defined by FRS 102. The financial statem8nts are prepared ill sterling, which is the functional currency of the tharily. Monetary amounts In these financial statements are rounded lo the nearest £. The finanaal stalements have been prepared on the h15torlcal c05t conventlon. modified to 1nclude the revaluatlon of ffxed assèt Inveslmenls al falr v8lue. The principal aocounling poliryes adopted are sel out below. 1.2 Golng concern At the timg of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue lo adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds ar8 availab18 for us8 al th8 discretion of the truste8s in lurth8rance of their charilabl& objectives. R8Stricled funds ar8 subject to sp8cific conditions by donors as lo how Ihey may be used. Th8 purposes and uses of the restricted funds are sol in the notes lo th8 finaneial stalernents. 1.4 Income Income Is recognlsed when the chaiily is legally cnlilled to It oftor any pcrformanc¢ condilion5 havg beon mel, the amounis can b8 measuT8d reliably, and it is probable that income will be received. Cash donations are recognls8d on recéipt. Oih8r donations are recognis8d onc8 th8 chariiy has been notified of th8 donation, unless performanc8 conditions require deferral of the 8mount. Income lax recoverable in relation to donations recewed under Gtft Aid Is recognised at the time of the donation. Grant income from the Coronavirus Job Retention Sd)eme is recognised BS Other income in the period to whieh Ihe undertylng furfoughed staff costs rel81e. Legacles Legacles cBpable of flnanclal mèasurement are accounted for when receivable. 17
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accountlng pollcles {Continuèdl 1.5 Expenditure Expenditure is recognised once there is a legal or construetive obligation to transfer economic benefit lo a third party, il is probable that a transfeT of econornic benefits will be required in settlemènt, and the amount of the obligation can be measured reliably. Expenditure is classified by activaly. The costs of each activity are made up ol the totsl of dired costs and shared eosts, ineludino support costs involved in underlaking each activity. Direct costs altribulable to a single activity are allocaled directly to that activity. Shaied eosis which contribute to more than one activity and support costs which are not attributable lo a slngle acllvity ar8 apportioned b8twè&n thosè activities on a basls consistent with the use of resources. Central staff costs are allocated on the basis of lime spent, and depreciation charges are allocated on the portion of the assel's use. Expendllure Ineurred durlng the year is alloealed directly to Ihe relevant activily. Expenditure on support costs is allocated b8tween activities in the 8ccounts on the basis of the use of resources by each aclivily. 1.6 Tanglbl8 flxed assets Tangible fixed assets are Inklally measured at cost and subsequently measured at cost, net of depreclation and any impairtn8111 lossès. Depreciation is reciMJnised so as lo write off tho cost or valuation of ass81$18ss Iholr rèsldual v8lLJèS ovèr their useful lives on the following bases.. Land and buildings Plant and machinery Fixtures. fillings & equipment 2.5Yo on cost 33 /ts on cost 20Wts on cost The gain or loss aiising on the disty)sal of an as$61 Is determlned 8$ the dlfference belween the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Flxed asset Investments Fixed asset investments are initially m8asured al transactioll pri¢8 8x¢luding transaction costs, and 8rÈ subsequently measured at fair value al each reporting dale. Changes in fair value are recognised in n81 Incomellexpenditurel for the year. Transaction costs are expensed as incurred. 1.8 Cash and cash èqulvalènts Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturitie5 01 three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in ourrgnt liabilitles. i.g Financial instrumènts The charily has elecled to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Oth8r Financial Instruments Issues, of FRS 102 to all of its finanaal instruments. Financial instruments ar8 recognised In the d)arills balance sheet when the charity becomes party to the contractual PTovisSons of the instrument. Financial assets and liabilities are offset, wth the net amounts presented in the financi81 statements, when there is a legally enforceable right to set off the recognised amounts and there is an inlelltion Io $8t118 On 8 net basis or to r&allse the asset and settle the Ilability simultaneously. 18
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accountlng poll¢les Icontlnuedl Baslc flnanclal assets Basic financial assets, which indude debtors and cash and bank balances, are initially measured at Iransaclion price including transaction costs and are subsequently carried at amortised cost using the effective interest meth¢xl unless Ihe arrangement constitutes a financing Iransacllon. where the tr2n5aCtion 15 measured at the present value ol the future receipt5 discounted al a tnark8t rale of int8resl. Ftnancial assets classSffed as ieeeivable withln one year are not amortised. Basic financi81 li8bili¢ies Basic financial liabili1185, including creditors and bank108ns are initially re¢ognised al transaction price unless the arrangement constitutes a financing Iransaclion, where the debt instrument is measured al the present value of the future payments discounted al a market rate of inlerest. Flnaneial liabilit16s classified as payable within one year are not amortised. Oebt instruments are subsequently carrfed al amortiséd cosl, uslng th8 8ff8clive inl8r8sI ra18 m8thod. Trade ¢redilors are obligations lo pay lor goods or $8rvices that have been acquired in the ordinary course of OP8rations Irom suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If Mot, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction pri and subsequently measured at amOr'sed cost using the effeotive interest method. Dèrèeognltl¢n of flnonel81 Ilabllllle$ Financial liabilities are derecognised when the charity's contr8ciual obligations explre or are dlscharged or cancalled. 1.10 Ernploy88 benefits The cost of any unused hoHd8y entitlement Is recognised in the periad in which the employee's services are receivod. Termination benefits are recognis8d immediately as all expense when the charity is demonstrably committed lo terminate the employment of an employee or lo provide termina'on benefits. 1.11 Ratlrèmènt béneflts Payments to defined contribution ¥etirement benellt sohemes are charged as ali expense as they fall due. 19
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Investments Unre5tr5cted Unr95trlct&d funds funds 2023 2022 Income from Ilsled inveslmenls Interest recelvable 3.231 470 2,865 342 3.701 3,207 Charltable actlvllies Incomè 2023 2022 Birdhursl Nursery Wallis House 8edsits Beracah Bedsits Counselling 613.312 112.281 144,440 5.569 586.450 104,311 131.649 4.728 875.602 827.138 Charitable activities expenditure Direct Costs Support Total 202J Total 2022 Birdhursl Nursery WallisHous6 Bedslts Beracah Bedsits Counselling 598,182 92,976 44,240 6,821 183,294 46,057 34,395 781.476 139,033 78,635 6,821 755,803 138,573 93,277 3,406 742,219 263.746 1,005,965 991,059 Trustee5 Truslees received £nil HonorariLFm, agreed by the Trustee Board {2022.' £3001. No Iruslegs were reimbur8ed for any expenses incurred12022'. £nill. Members of the close family of trustees recelved remuneration of £778 and counselling fees of £1.10012022'. £12,309 remuneralionl. 21
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Employees The averag8 monthly number of 8mployees during the year was.. 2023 Number 2022 Number Full Ilme P8rt time 13 19 15 16 Toial 32 31 Employment costs 2023 2022 Wages and salaries Social securily costs Other pgnsion costs 620,489 42,755 10,915 541,762 34,257 9.009 674,159 585,028 Termination payments of £nil were recognised during the year when agrgernent was reached 12022.. £16.7501 and are included in employment costs above. Th8rè wèrè no 8mploy8as whosè annual rsmuneration was £60,000 or mora. Support costs Support Governance costs costs 2023 2022 st8ff costs Depreciation Aecommodation eosts Office cosis FlnancSal cosls Olher 143,524 55.888 32,705 8,865 4,520 10,378 143,524 55,888 32,705 8,865 4.520 10.378 151,182 53,893 52,364 7,103 2,173 13,855 Accountancy Independent examination 5.226 2,640 5,226 2.640 2,520 2,520 255,880 7.866 263,746 285,610 Taxation The charily is exempt from tax on Sneome and gains to the Èxtent that these are applied to its charitable objects. -22-
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 10 Tanglbla flxèd assèts Land and buildings Plant and machinery Flxlure8, Totsl equlpment Cost At 1 Aprll 2022 Addltions 1,289,797 60,999 19,830 199,809 8,219 1,509,436 69,218 Al 31 March 2023 1.350,796 19,830 208.028 1,578,654 Depreciation and impaimient At 1 April 2022 Depreciation charged ill the year 602,928 31,756 18,731 466 140.919 23,668 762,578 55,890 At 31 March 2023 634.684 19,197 164,587 818,468 Carrying amount Al 31 March 2023 716,112 633 43,441 760,186 At 31 March 2022 686,869 1,098 58,890 746,857 11 Flxèd assat Investments Unlistod Investments Cost or valuation At 1 April 2022 Valuation changes 143,894 110.3391 At 31 March 2023 133,55S Carrying amount At 31 March 2023 133,555 At 31 March 2022 143,894 12 Debtors 2023 2022 Amounts falllno dua wlthln ona yéar: Trade deblors oth8r debtors Prepayrnenis and accrued income 21,275 13,909 6,033 18.060 107,599 41,217 125,659 23.
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 13 Credltors: amounts falling due wlthin one year 2023 2022 Other taxation and social security Trade credllors Other creditors A¢cruals and deferred income 10,334 24,406 20,257 10.504 8.933 19.526 15,797 65,501 44,256 14 Analysls of net assets between funds Unrestricted Restricted funds Funds 2023 2023 Total Unrestricted Restricted funds Funds 2022 2022 Total 2023 2022 Fund balances at 31 March 2023 arg repr8sent8d by: Tangible as$61s Invostmgnts Current asselsllllabilitlesl 760,186 133,555 IOY,175 760,186 133.555 115,425 746,857 143,894 187.978 746,857 143,894 194,228 6,250 6,250 1,002,916 6,250 1,009,166 1.078.729 6.250 1.084,979 24-
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 15 Deslgnated funds The illCOTne fijnds of the charity include the following designated funds which have been sol aside out of unr8Strict8d lunds by the trustees lor speafic purposes.. Movèmènt In funds Expenditure Gain Balance at 1 Aprll 2022 Income Transfers Balan¢0 at 31 March 2023 Tangible Fixed Asseis Reserve Revaluation reseNe Cashflow Contingencies Refurbishment Development 409,300 5,008 45,000 95,000 37,500 100,000 409,300 5,008 45,000 95,000 37,500 100,000 691,808 691,80B Movemènt In funds Expendllure Galn 8alanc8 at 1 Aptll 2020 Income Transf8r8 Balan¢• at 31 Mar¢h 2021 Tangible Fixed Assets Reserve Revaluation reserve Cashflow Contingèncias Refurbishment Developrnent Beracah rédevèlopmènt 409,300 5,(K)8 45,OQO 95,000 37,500 100,000 409,300 5,008 45,000 95,000 37.500 100,000 691,808 691.808 25-
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 16 Restrlcted fLFnds The income funds of the charity include restricted lunds comprising th8 following unexpended balan$ of donations and grants held on trust for specific purposes.. Movemènt in funds Incom Expgnditure Balanc• at 1 Aprll 2022 Transfors Balance at 31 March 2023 Wallis House Fund Pilgrim proleet 1.757 {1,7571 6,2SO 6,250 6.250 1,757 {1,7571 6,250 overnent In funds Balance at Incom8 Exptrnditure Transfers Balanco at 31 March 2022 l Aprll 2021 Wallis Hous6 Fund Pilgrim project 15.029 115,0291 6.250 6,250 6,250 15.029 115,0291 6,250 The Wallis House Fund represents V8ri0tJs donations and tax recovered during the course ol the financial year. These funds have been used in this financial year specifically lo provide support for the Wallis Bedsil residents. The Pilgrim project fund represents a donation reeèived18nd lax recovered) given for a short sarvlcè for older teenagers and young adults with leaining disabilities. 17 Operatlng leasa commltmènts At the reporting end date the charity had outstanding commitments for future minimum lease payrnents under non-cancellable operating leases, which fall due as follows: 2023 2022 Within one year Between two and five years 8,617 20.281 2,218 3,460 28.898 5,678 -26-
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 17 Op•ratlng lease commltments (Continued) The leasa payments recognised as an expense during the year wer8 £8,61712022'. £2,535). 18 Cash generated from operatlons 2023 2022 Dehcil lor th& year {75.813) {44.4021 Adluslments for.. Investment incorne recognised in statement of financial aclivi118S FaSr value gains and losses on investments DepreOI10n and impairment ol tangible fixed assets {3,7011 10,339 55,888 13.2071 6,693 53,893 Movements in working capital.. De¢r8asel{incr8asel in deblors lllcreaselldéereasel in creditors 84,443 21,245 152,9111 {13,3771 Cash generated fromllabsorbèd by) operatlon$ 92.401 153.3111 19 Analysis of changes In net funds The charity had no debl during the year. 20 Related party transacllons Remuneration of key management personnel The rernunération of key management personnel Is as follows.. 2023 2022 Aggr8gata compensation 173.808 205,173 27.