Charlty reglstratlon number 279962 (England and Wales) Company registration number 01486298 CHRISTIAN FAMILY CONCERN ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
CHRISTIAN FAMILY CONCERN LEGAL AND ADMINISTRATIVE INFORMATION Trustees Miss S April Dr D A 8rown Mr C Deelholls - Honorary (Appointed 29 January 20241 Treasurgr Mrs K H Ferguson Rev D A Rogers Mi. D S Smith- Chair Mrs L Smith Mr L M Thotnas Mrs J Williamson (Resigned 30 January 20241 (Resigned 4 Oclob8r 20231 (Appointed 15 May 20231 (Resigned 4 Oclober 20231 Cornpany Socretary Mrs L Smith Charlty number 279962 Company number 01486298 Rogistgred offl¢e Wallis House 42 South Path Hill Road South Croydon Surrey CR2 7YB Auditor Jacob Cavenagh & Skeet S Robin Hood Lane Sutton Surrey SM12SW Bankers Barclays Bank plc 1 North End Croydon CR91RN HSBC Bank plc 1 Aldermans Hill London N134YE CAF Bank Ltd 25 Kings Hill Avenua Kings Hill Wesl Malling ME19 4JQ Solicitors Wellers Law Group LLP Ilncorporatlng Cooke Mathesonl Dixon House 72-75 Fen¢hur¢h Slre81 London EC2M 4BR
CHRISTIAN FAMILY CONCERN CONTENTS Page Trustees. report Independ8nl 8udiloi's r8POrt Stalement ol linancial aGlivilies Balance sheet 10 Statement of Cash fbws Noles lo the linancial 5talemenls 12-22
CHRISTIAN FAMILY CONCERN TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The 8oard of Trustees (The Board) presents Ilieir report 8nd financi£l slalements of Chrislian Family Conc8rn lor Ihe y&ar ended 31 March 2024. The flnanclal slalemenis have b88n PTepared in accordance with the aceounting policies set out In note 1 to Ihe rinancial 8latemenls and comply with the charity's governing document. the Companles Acl 2006 and 'Accounling and Reporting by Ch2rilie8.' Slalemenl of Recommended Practice applicable lo ¢harilies preparlng their account5 in ac¢ordance with the Finandal Reporting Standard applicable in th8 UK aiid Republi¢ of Irelan¢S IFRS 1021 leffe¢tive 1 January 20191., STRUCTURE GOVERNANCE AND MANAGEMENT Governlng Document Christian Family Concern cam trace Its origins back to 1893 when 11 was first established as the Haven for Hope. T(Klay, the organisalion 15 a chari18ble company limited by guarantee, Incorporaled on fj9th March 1980 and reglstered wllh Ilie Charity Cornrnission under number 279962. The objects and powers ol the tomp8ny are eslablished undei Memorandum of Association and Ihe ¢ompany is governed under ils Articles of AsSO¢lation which were last revised in 2001. In the evenl of tho company belng wound up Meinber5 are required lo contribute and amount not exceeding £1. There are eighteen members ol Association as al the end of March 2024. The Board of Trustees The member5 ofAsso¢ialion appolnl the Board of Trustees which has responslbility for th8 effeclive management of Chris112n Family GOnrn, lor monitoring ils performance and for ensuring thai it complies with sis Articles ol Associaiion and all applicable laws and regulations. Trustee5 are drawn from the existing membership of the chaiily or recruited inlo m8mbersliip with a vi8w lo taking on trust8e respon5ibilily immed181ely. The aim is lo maintain an appropriate mix of skills and backgrounds on the 8oard. All Trustees need to be ablo lo domonsliale an active Christian faith and an abilily and commilmenl to uphold the Christian ethos of the charity. All TrLislees are volunl&er5 and re1ve no remuneration lor their seICe8 as Trustees. Their appointments are subject lo obtainlng an Enhanc8d Disclosure from the Disclosure and 83rring Service. Present Trustees and thelr backgrounds Anne Brown Ss a retired Do¢tor and currently works as a ralalionship counsellor. Chris Deefho1ts ha5 iecently retired after exlensive business 8XP8ri8nce al a senior level within the private sector. He is also a Irained mentor and involved with his focal church. Kathryn Ferguson is a social worker with experience of sUPPOrting families and women. Simon Srnilh 15 a relir8d leacher and 5choo1 inspector. He is the secretary lo lh8 counul al Enimanuel Church and lor some years wa5 the Chair of Governors al Archbishop Tenison's School. Lydia Smith has worked as all inclusion manager for tho Welsh Governrnent'% Refugee, Asylum Seeker and Migrant policy and currently works as an Employee Representallve wilh the Royal College of Nursing. Jean Williamson is a relired l&acheT wilh experience in Early Years and remains a¢liv8 woiklng wlth young ¢hi1dr8n at her local church. New Trus18es receive a link lo the Charity Cotnmlssion publicalion "The E5senlial Trustee.. What you need to know. and are encourag8d to particlpale in areas of the Chaiily where their ski115 8r8 best 5ulled. Senlor Management Tearn Th8 Board delÈgal*s day to day management and decision making to th9 S8nior Mènagement T88m who are required lo work in furlherance of the Charity's objectives. The 8oard holds Ihe Charity Director and Senior ManagÈment Team lo account lor ils leadership ol the organisation.
CHRISTIAN FAMILY CONCERN TRUSTEES. REPORT (CONTINUED)IINCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Tlie Senior Managen)eiil Teani was led by Upendo Jordan, Chiel Ex6Gulive Officer until lier resignalicn in Marcli 2024. Trevor SaiRI 15 our Finance Offieer, Chloe Lindsey our Ch8rity Admiiiislrator, Megan Wreford our Supported Housing Mai)aoer aiid Dawii Wall our Head Teacher. Following Upen40 Joidan's resignation, Trevor Sainl was asked by the Board to assume the additional responsibility of Inlerini ClTrarily Director. Tl)e Bo81 is responsible lor the remuneralion of the SÈnior Man3genienl Team as well as the 3nnual reviÈw of slsff salsrie5. AIMS OBJECTIVES AND STRATEGY Founded in 1893 8S the Haven of Hope and opening their doors lo th@ firsl child in need ol care on 26111 January Ihal yÈar the ¢hariiy has tonlinuèd lo sprve the comtnunily lor the pa51 one hundred and thirty one yea15. ChTislian F8mily Concern s purpos8 Is lo provid8 servicas lo h81p par8nts meel Iheir ¢l]ildn'S needs and lo support 1119 welfarè of young people. Todzy the charity conlinues 10 see the cornmunily in three distinct areas.. Providing sppOrted Housing for young unrnarried mothers or mothers lo be.. Runniiig a 56 pla regislered Children s Day nursery", Offering a subsidisecl confidential counselling $6rvlce to Ih05e who tnighl not otheIs8 be able to afford, or gain acces5 to eoisnselling. Supported Accommodation Christian F8mily Concern proiride$ twenly-one supported hedsils for young unmarried mothers lor mothers lo bel and their babie5. We yiovide safe, secure accotnrnodalion. 1..1 support lor Ih8ir praclical n8eds and Group support offpring independent living skills and p8renling ski118 lrtcreasing self-conliden¢e and build1ng self-worth. During 20231 24 we supportèd liliy-lwo faFnilies Ihrough our accommodalion and nine Mums have ielLirned to educaliori. Over Ilie last five years we have supported 233 young mother5 and their babies. Typic811y. oiir residents are Ileeing from domeslic violence, eome from homes with ptsor family dyndmics or ale ill 2411 accominodalion wholly unsuitable lor a newborn baby And theli young mother. Christian Famlly Concem offèrs them Hop& 8nd lh8 chance of a bettér fulure, Birdhuyst NtsrsÈry Christian FartTrily Concern runs Birdhursl Nursery, a fifty-5ix place Registered Day Nursery for children bolween the ages of 0 and 5 y8ars old. Our focus is nol only on the edur.alion of the children but helping lo develop Ihelr inLlividu31 person3lilies through a creative and dynamic curiiculuin. Investinenl in our groun(Ss, and the provision of a For8sI School, Inean our children start their educational journey with 8 well-rounded axperionce. In line with our charity's eth0., we suppori, care and invest in our families and even though we have beell classed by Ofsled as a 'GOOD' provider, we seek lo exceed this standard. Throughout 2023124 w6 1)rovid8d childc8r8 to 177 families. W8 opened a small "For¥sl Schuol thIn our Nursery gdrden and refurbished our Sen50ry Rootn lo pi"ovide a 531e and quieter environfflent for the Chire to explore. Couns8lllng Our trained counsellors s88 cli8nts with a wld8 range of n8eds Cll8ntS 8r8 mel lace lo fac8 in our counselling room 81 Wallis House. We aTe able lo offer individual and couples counselling and sessions continue for as long as 1118 client and counsellor fe81 il necess8ry. You do not have to b8 a Christian or practicing any faith lo access our sarvice. We want our service lo be acsSible to a11 including those who cannot afford the full lee, lor instance those on low incornes oi" dependent on benefits. so for this we hav8 a coun5811ing bursary available.
CHRISTIAN FAMILY CONCERN TRUSTEES. REPORT {CONTINUEDI(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 FUTURE PLANS Over the next three years the Charity plans to develop the work with our resldenis by providimg follow on support after they leave our accomfflodation. This is so Ihat the n8xI slep he¢omes a positive experience and not 8 slep backward5. We also hopo In open a larger group meoling sp2C8 to prowde greater opportunities for our group work programme on slle. This will also enable us io open up Ihese programmes lo non residents who are in similar P0511ion5 to our residents. And lo former resldenls who n8&d to vlsit for continuing support. In the Nursery, the Charity plans to sliellglhen our In hous8 training and lo illclude Forest School skills for all Ihe staff so they can make use ol our Forest School 8rea throughout the week. With increasing numbers of SEND children attending w8 will also be expanding the numbers ol staff Specifically Iiained in Ihis area and providing all staff with the skills requlred lo help and Support these children. Pvbli¢ Benefit The Board Is aware of The Charity Commission's guidance In relation lo Public Benefit. The Board belleves this r8POrt demonsliates how we l)av@ delivered Public 8enefit across our activities throughout Ihp year. FINANCIAL REVIEW The finand31 year &nd8d 3151 March 2024 produced a def1cII of £33,204 compared with a deficit 01165,474 in the prevlous year,. an Improvement of £32,270. Income frorn lees and rents was £1.045,259 an Increase of £169.657 on the previous year. Expenditure on ¢l)arilable activities was also up by £127,092 at £1,133,057. Income froni donalions and legaaes fell by £14,205 10 £47,370. We are grateful lo the m3ny indiiqduals and local churche5 who have contributed so generously thls year. Reserves Polloy We have conducted a rèview of our designated reservgs policy lo bring our reserves moré closely aligned lo Ih neads of Ihe charity. Con5equeiilly, w8 have con501idaled our designaled reserves into three funds,. on8 to provSde lor Inlerruplions to norrnal ca8h flow, one lor future d8veloprnenls and prolecls and on8 lo cover Ihe nel thok value of our fixed a55els. At the year end, Ihe charity had lotal fund5 01 £975.962 01 which £6,250 were restricted and £969.712 were unreslric18d. Our free reseNes, d8fin8d as lolal unreslri¢led r8saTves less designaled reserves, stand at £63.279 on 3151 March 2024. With m05t ol our Int()me being recurring by nalure. the Board consider that a prudonl lev81 of frce reserves Wld be equival8nt to beiween one and Iwo monlhs operating expandilur8, currently £84,000 to £168,000. Investment poli¢y The Board have agr8ed thal for as long as inveslmenls lolal less than £200,000, M&G Charibond is an appropriate collective inveslThelll scheme. Al 31&1 March 2a24 the Charity's holding was valued al £134.64012023 £133,5551. Fundraising We do not use any outside organisalion to help with our fundraising. We pub115h a newsl6ller thr88 tlm8s a year whith Ss sent lo our members and supporters and In Ihose publi110n$, wo may ask for financial support. No compl8ints were received in resp8cl of our approach lo fundraising in the year10 3151 March 2024. Alihougli we receive rÈntal income for the supported housing and fees and Earty Years Funding for Ihe nursery. these do not cover our operating costs in full. We have around sixty r8gular individual donors contributing an average £220 per annum each, and we are relianl on these voluntary donations lo h81p r8duce the shortfall between our op8raling COSt5 and our other income. The Board are gra18ful lo all our supporters for Iheir donation5 and lo the following local churche5 foi their ¢onlinued support.. Croham Road Baplist Church, South Croydor) ErnnianuÈl Church, South Croydon Pollard5 Hill Baplisl Church
CHRISTIAN FAMILY CONCERN TRUSTEES, REPORT {CONTINUED)IINCLUDING DIRECTORS. REPORTI FOR THE YEAR ENDED 31 MARCH 2024 SHnderslead Uniled Reforin8d Cliureh, Soulh Croydoi) St Peler's PCC, South Croydon Waterloo Church, Uxbridqe We are rllso grateful lo Jemca Car Group, of Purfey Way, Croydon, for &irang1ng a granl froni Toyola UK towards the C0510l establishing our Forest S¢hool, 2nd lo the Tremar Support Fund for their ongoing support. The Board is developiiig a 51rale9y lo increase our intome from volunlary donations and legaLies so that we can e.onlinup lo mecl the of our service user5 and expand the range o15ep/4ces we offer to 11)e ¢ommunlty. We hope lo increa.4È tsur supporlÈr bèse and the nuinber ol individu81s wlio doriate regularly lo our work. We will also be. 9pplying for fi.n&nal assistance from Trusls and Foundations whose cliariiable causes 3lE aligned wilh our aims and objective8. Risk Management The Board follows Ilie Risk Management Model reconimended t>y The Charity Comniission and has ci)nsidered tha )ajor risks lo whlch Ihe charily is exposèd. Christiar) Family Concern's policy is to idenlify any potenllal risks that could prevent the charily fiom tneeling the need5 01 ils service users and pul in p13¢e processes tl)al assess and miligale exposure lo those dsks. The Trustees consider the main risks facing th& charity are damage lo repulalion and a reduclion in incoTMe from nperalional areas. Every effort Is rnade tts redutÈ exposure lo these and other risks by working lo improve our performance and listening lo feedback from our seThricE users and allied professionals. STATEMENT OF TRUSTEES. RESPONSIBILITIES The Truslees (who are Blso directors ol Christian FamlY Conrn for tl)e purposos of compaiiy lawl are iesponsibla for preparing the Trustees, Report and tlie financial 8taleme.nls in 3c¢(YdanTr with applicable law and United Kingdom generally accepted accounling praclico. Company and c11atY law requires the Trustees lo prepare financial st8temenls which give a true and fa1r view ol the financial aclivilies of Christian Family Coiicem during the year and 115 financial position at Ihe end ol the year. In preparing Ihe financial slatemenls Ihe Trustees are required lo.. Select suit3ble accounllng poliCS and apply Ihttrr consistenlly., Observe th6 m6lhods and piinciple5 in AGcounling and Repurliiig by Charities..: Slalemenl of Recomniended Pra¢tiC8 applicab18 to charities pieparing their accouiits In accordanLe with Ihe Finar)cia1 reporiiiig Standard applicable in the UK and Republic of Ireland IFRS 1021., Make judqeinenls and e5titnates that 3re reasonatlÈ and prudent.. Sld18 whelher applicable UK Accounling Sland3rds have been fdlowed, subject lo any maleiial departur85 disclosed and explained iii the lingna21 slalemenls., Prepare the Ilnanclal stalemenls on th8 going conc8rn basis unl8ss il is inappropriate 10 presume that Christian Family Concern will conlinue lo operate. The Trustees are responsible for keaping ad8quat8 accounting r8cords wliich discluse wilh reasoriable accuraGy al amy lime the financial position of Chiislian Family Goncern and which 8nablo Ih8in to 8nsur8 that the finanal sldl#inenls comply with lh8 Companies Acl 2006. Tlie Trustee5 are a150 responsible lor Ihe slewardship and safeguarding ol assets of the charitable company and hence for laking r8asonable steps for the pVentIOn of fraud and other irregularities. Auditor Jacob C3veTragli and Skeel have indicated their willingness lo rernain in Offi for a further year. Each of Ihe Iriislees has confirnied that there Is no information of which they are aware which is ro18v8nl lo the audit, bul of which the auditor is unaware. They have furlher confirm8d that they have lak8Tr appiopriale sleps lo identify such relevant information rnd lo establish Ihal the auditor is aware ol su¢h information
CHRISTIAN FAMILY CONCERN TRUSTEES. REPORT (CONTINUED}IINCLUDING DIRECTORS, REPORTI FOR THE YEAR ENDED 31 MARGH 2024 The trustees. report wa5 9pared in accord8nce wilh the special provision of Part 15 01 the Companies Act 181siin9 to small companies and approved by the Board L)1 Twsl88s. Approved by the Board ol Trustees and signed on ils behalf by.. D S Smith Chair ol Truslees K Farguson Deputy Chdir of Trustee5 Dated.. 4 Novewnber 2024
CHRISTIAN FAMILY CONCERN INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CHRISTIAN FAMILY CONCERN Opinion We have audit8d lh8 financial stalenienls of Chiistian Family Concem Ilhe 'chaiity'l for th8 year ended 31 March 2024 which cornprise the slalpmenl ol lin3ncial aclivilies, Ihe balance sheet, tl)e. .%lalemenl DI cash flows ay)d notes to the financial statoments. including significant accounling policies. The financi81 reportlng fiainewoik Ilial has been applied in their preparation is applicable law ai)d UnileAS Kingdoin Accounllng Standards, including Financial Rcporting Standard 102 Tli& Financial R¢>porting Slaiidaid applicable in Ilie UK and Republic of Ir818nd Iuniled Kingdom Generally ACpIed Accounting Praclirel. In our opinion, the financial slatemenls.. give a true and lair view ol the slate ol the cl)arilable Company's affairs as at 21 March 2024 and of ils incoming iesouices and application of r8souices, including ils incoine and expendiluie. lor the year Ihen ended", have been properly prepare(J in accordance with United Kingdom Generally Accepted A¢countin9 Practice., and have be8n piepared in accordance with the r8quirefflenls of the Cornpanies Acl 2006. Basis for opinion We conducled our audit in accordance with Inleinaliona1 Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities undor Ihosp 81andards are furth¢r described in the Auditors iespoiisibilitEs for Èhe 8Lidil of Ilie fin3ncial slatemenls section of our report. We are independent ol the Charity in a¢¢ordance wlh the etl)l¢al requiremenls that are relevant lo aur audit of the financial slatements in the UK, including the FRC'5 Ethical Standard, and we have lullilled our other elhi¢a5 respoasibililies in acoordanee with Ihese rÈ4uir&ments. We beli&ve that tho audit evidence we liave oblalned is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to goiny concern In auditing Ilie finanaal slaiements, we have concliided that the Iruslces, use ol the golng ¢on¢ern basis ol accounting in Ilie preparation of ihe financial slatemenls is appropriate. B2s¥d on Ihe work we have performed, we have not idenlilied any illalerial uncertainlie5 relating Ii) evenls or conditions thal, Individually or colle¢lively. may cast signifi¢anl doubl on Ihe Charity's ability lo continue as a goiiig conrn for a period of al18351 Iwelve Inonlh5 Iroin when the financial slateThent5 £ aulhorised lor issue. Our responsibilities and the responsibilities of the tf1151ees With respect lo going wncem are described in the ielevsnt sections of Ihis repori. other Informatlon The other inforniallon comprises Ihe inform8lion includ8d in the annual report oih8r than Ihe finandcil slalemenis and our auditOl'5 report Ihereon. The trustees are responsible lor the olher information conlained wilhin the annual port. Our Opn10n on 11)e financial statements does nol covei the olhei information and, except lo the extent otherwise explicitly staled in our report. we do not oxpress any form of assurance conclusion Ihereon. Our rgsponsibilily is Io Tead the other information and, in doing so, ¢onsider whether tlitr other informalion is materially Inconsistent with th¢ financial slalen)enls or our knowledge oblaired in the course of Ihe audit, or otherwise appears lo be rnalerially misstaled. 11 we identify such material in¢onsislencies or apparenl material niisslatemenls, we ar8 required lo determine whether this gives rise lo a materi81 misslalement in the financial statements themselves. If, based on Ihe work we Iiave performed, we conclude Ilial there Is a material missialemenl of this other inlomiation, we are reqUId lo report that fact. We have nothiF)g lo report In this reoard. Oplnlons on other matters prescrSbed by the Companles Act 2006 In our opinion, based on Ihe work undertak8n in the cours8 of our audil.. Ihe infor17)alion given in lh6 Irustee5' report for the financial year foi which Ihe financial 51alemenls are prepared, wliich 1cludeS Ihe directors, report prepared for the purposes of tompany18w, is consislenl with the finanrial %lalemenls'. and the dir8clors' r8POrt included within the truslee5' report has been prepared in aGcordan¢e Mritli appli¢able legal quiremenls.
CHRISTIAN FAMILY CONCERN INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF CHRISTIAN FAMILY CONCERN atters on wlil¢h we are required to report by Èxception In tl)e light of the knowledge and underglanding of the charity and its environinent obtained in the course ol the audit, we have not idenlified malerlal misslalemenls in the dire¢lors' rew)rt included within the trust8&s' report. We have nothing lo repori in resped of th8 following matlers in relation lo which the Companies Act 2006 ruireS us to roporl to you if. in our opinion-. adequale accounliiig records have not been kept, or tumS adequate for our aLJdit have nol been received from bran¢hes not vislted by us.. or the financial slatem8nls are not in agreement with the accounting records and relums.. or certain disclosures of tiuslees, rernunerallon specified by law #re not made,. or we hav8 not received all the information and explanaliun5 we requira for our audit., or the trustees were nol entitled lo prepare the financial slalements in accordan with IhÈ small companies reglme and lake advantage of Ihe small cornpanies. exemptions In preparlng the Irustees, repori and from the requlrement lo prepare a slrglegic report. R8sponsibilitie5 of trustees A8 éKplained more lully in the slat8rn8nl ol iruslees, responsibilities, lh8 Iruslees, who a also the directors ol Ihe ¢h2rily for th& purpose of company law, aiE responsible for the prep3ralion of the financial slalemants and for being satisfied Ihal they give a Iiue arid fair view, and for such internal control as Ihe Iru81ees determine is necessary lo en8ble Ihe preparation of financial sl8lemen15 Ihal are free Irom rnalerial misstalemenl. whether du8 to fraud or error. In pr8P8ring the financial slalemeiils, Ilie Iruslees are responsiblp for 8sse5sing Ilie ¢haiily's ability to contlnue as a goiiig concern, diseloslng, as applicable, matters relaled to going concein and using the going concern basis of accourilirtg unless the Iruslees either Intend lo liquidate the charilable company or to cease operations, or have no realislic aiiernalSve bul lo do so. Auditor's responsibilltSes for the audit of the finanGlal statements Our objeclives are lo oblain reasonable assuran aboul whelh8r Ihe financial 51aletnent8 as a whole are free from m3lerial misstalemenl, whether due to fraud or error, and lo issue am auditor's ieport that includes our opinion. Reasonable assurance is a high level of 3ssuranc8 bul Is Iiol a guar3ntee 11)al ai) audit conducted in a¢¢ord8nc.e with ISA5 IUKI will always delecl a rnaterial misstaleinpnl when 11 exi515. Misslalemenls can arise from fraud or error 8iid are considered maleri3111, individually or the aggregale, they coiild reasonably be eypecled lo inflLience the economic declsions of users laken on the basis of th888 financlal 5talenienls. The exlenl to whi¢li our procedure5 a Gapable of det8cling irregularities, including fraud, 15 detailed below. Based on our undeistandlng ol the company, we identified Ihat Ihe principal risks ol non-compli8nce with laws and regulallons related lo cliarity, ernploymenl and heallli & safely and we Considered Ilie exlenl lo whi¢h non- ¢ompliance Imighl have a materi81 effect on tlie financial stalemenls. We also Considered Ihose laws and regulations tliat have a dir8ct impact on the prèparalion of the financlal slalemenls such as the Chadlies A¢t 2011 and Companies Act 2QO6. We assessed th8 susceplibllily ol Ihe Charty'S financial slaiemenls lo material rnisstalenient. including obtaining an und6rstandSng of how fraud might occur, by making enquiries of managemenl. Considering the illleinal controls in place and discussion amongst Ihe engagernenl 183ni. W& d8teiffiined th81 the yrincipal risks were relaled Io IYldnag&ment bia5 in accounting eslin)81&5, management override of controls, recognition of legacy income and presentalion of sep8ralely disclosed Items. In response to the risks identified we designed procedures which included lyjl were not lirniled io challenging signilicant accounting e5timaies, identifying and 1851ing journals èntries, evaluating the ¢harily's inl•rnal controls, r&viewing Iruslee minutes. reeW ol legacy correspondence and agreeing linancial slalemeni disclosures lo underlying supportlng docuinenlation.
CHRISTIAN FAMILY CONCERN INDEPENDENT AUDITOR'S REPORT {CONTINUEDI TO THE MEMBERS OF CHRISTIAN FAMILY CONCERN There (ire iiilierenl limitations iri the dudil procedures desuibed above. The more renioved Ihcil l<iWg and regulation5 are from financial transactions, IliÉt 18ss likely il is Ihal we would beconie aware of non-compliance. Mic lerial misstatements that aiise due 10 fraud ean be harder lo delecl than 111088 ttial 8rise from error as they n)ay involve delibprale Goncealmenl or collusion. A furiher desciiplion of our responsibilities is available on the Fin8ne.ial Reporting Council's website at.. hllps.'Il www.frr.org.uklaudilorsiesponsibililies. Tlils desciiplion forms parl of our auditor's roport. other matters The financial statemenls for the year ended 31 March 2023 were iiol audlted. ijse of our r8POrt This report is made solely lo th8 chaiilable company's tnen)ber5, as a body. in accordantse with Chaptei 3 01 Part 16 of Ilie Companie5 Act 2006. Our audit work l)as been undertaken so Ihal we rnighl slate lo the charit?tsle company's m6mb8rs Iliose niallers we are required to 51ale lo Ihein in an auditor's reporl and for no other purpose. To Ihe fullest exlenl perrnitted by law. we do not accept or assume responsibility lo anyone olher than the ch8rilable comp8ny and the choril8bl¢ cotnpany's menibers as a body, for our audit work. lor Ihis r8POrt, or for the opinions we h8ve formed. Mlriam Hickson FCA (Senior Statutory Audltorl For and on behalf of Jacob Cavenagh & Skeei, St8lultsry Auditor Chartered Accoiintanls 5 Robin Hood Lane Sullon Surrey SM1 2SW Dale-. .¥... ZoZ4-
CHRISTIAN FAMILY CONCERN STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Restricted funds funds Tatal Unrestricted Restricted 2024 funds fund5 Total 2023 Notes Income frtsm.. Donations and legacies Charilabla acti711e5 iiicome Inveslrnenls other income 37,931 1,045,259 5,900 425 9,439 47.370 1,045,259 5,900 425 59,818 875,602 3,701 153 1,757 61.575 875,602 3,701 153 Total income 1,089,515 9,439 1,098,954 939,274 1.757 941,031 endlture on.. Raising funds Charilable 8c.tivities expenditure 186 1,123,618 186 9,439 4,133.057 540 1,004,208 540 1,757 1,005,965 Total expenditure 1,123,804 9.439 1,133,243 1,004,748 1.757 1,006,505 Net IIOsse5llgains on inveslmenls 1.085 1,085 Net Èxpenditure before Iransfers 133.2041 133,2041 165,4741 165.4741 Net expenditure for the yearl Net movement in funds 133,2041 133,2C141 165.4741 165,4741 Reconciliation of funds Fund balances al 1 April 2023 1.002.916 6,250 1,009,166 1,068,390 6.250 1,074.640 Fund balance$ at 31 March 2024 969.712 6,250 975,962 1,002,916 6,250 1.009.166
CHRISTIAN FAMILY CONCERN BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Fixed assets langible asseis Inveslmenls 11 12 756,433 134,640 760,186 133,555 891,073 893,741 Current assets Debtors Cash al bank and in hand 50,230 127,521 41,217 139,709 177,751 180,926 Creditors: amounts falling due withln one year 192.8621 165.5011 Nel curr&nl 8ssels 84.889 115,425 Total assets le55 current liabilities 975.962 1,009,166 Iricorne funds Re.Eirirl?d lunds UnStrIcted luii Designated funds General unrestricted funds 15 6,250 6,250 18 906,433 63.279 691.808 311.108 969,712 1,002,916 975.962 1,009,166 The financial st81emenls were approve(S by thè Truste ei 024 .3J D S Srnith Cliair of Trusl&es CDÈ olts Trustee, Hono Treasurer Company reglstratlon nttmber 01486298 10-
CHRISTIAN FAMILY CONCERN STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash flow5 from operatlng activities Cash generated from opÈralion8 20 33,899 92.401 Investing actlvltles Purcliase ol langible fixed as5els Investment incom8 received 151.9871 5.900 169,2181 3,701 Net cash used in inve5tlng a¢tlvlties 146,0871 165,5171 Net cash used in finan¢lng a¢tivities Net IdecreasellinGrea$e kn cash and cash equlvalents 112,1fi81 26,884 Cash and cash equivalents at beglnning of year 139.709 112,825 Cash and cash eqLilvalents at end of year 127.521 139,709
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcles Charlty information ChrislSan Family Concern is a privat& company limited by guaianiee incorporated in Englgnd and Wales. The registered olfice 15 Wallis House, 4? South Park14ill Road. SoLilh Croydon. Surrey, CR? 7YB. 1.1 Accounting convention The financial 51aletnenls have been pippared in accordance with the chaiity'5 Memorandum and Articles of Association, tlie Compani85 Act 2006 aiid "Accounting an(1 Reporting by Charities.. Slalemenl ol Recoinmellded PracliTr applicable lo cliarilies prep3ring their accounts in accordan¢e with th¢ Financial Reporting Slandai"d 8pplicable in the UK aiid Republi¢ ol Irelai)d IFRS 1021 leffectiv8 1 Jaiiuary 20191 The chanly is a Piibli¢ Benefit Enlily as d8fin&d by FRS 102. The financial stalemÈnls are prepar in sterling, which is the lunGlional currency of Ihe charity. Monetary amounls in these financial 51alemenlS are rounded lo the nearest £. The financial slal8rn8nts have been prepai'ed on Ilie liisloric81 cosl convéntiun, modified lo iiiclude tlie revaluation ol fixed 2sset inveslm8nts at fair valije. The piinelpal accounting polioes adopted are set out below. 1.2 Golng concern At Ihe time of approving the finanual slalern8nls. lh8 Iruslees have a reasonable &xp8clalioll that the charity has adequale resoiirces lo continue in operational oxislence for Ihe foreseeable future. Thus 11)e Iruslees conliniie 10 adopt 11)e going concern basis of accounting in preparing Ihe financial slaleirenls. 1.3 Charitable funds Unrestricled funds are avallable for us8 al th8 discretion of Ihe Iruslees in furtherance of Ih8ir charitable obje¢lives. Restricted funds are sijbjecl 10 specific conditions by donors or grantor8 as to how they may be used. The purposes and uses of the reslrl¢ied funds are sol OLJt in the notes io the financial slalemenls. 1.4 Income Income is recognised when the charily is legally enlilled lo il aller any p&rformance conditions have beeTr met, the arnounts can be nieasured reliably, and it is probable that income will be received. Cash donalions are recognised on receipl Other donalions are recogn15ed once the charity has been nolili8d of the donation. unless performance conditions require deferral of the arnounl. Iiicome Izx recoveiable in relalion to donalion5 received under Gifl Aid is recognised al the lime of the donation. Legacies Legdcies capable ol financial measurement ar6 accounted lor wh8ri receivable, 12
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 Accounting polic[85 Icontlnuedl 1.5 Expenditure Expenditure is recognised once there is 8 legal or conslrucllve obllgation lo Iransf8r economic benefit to a third party, il is piobable that a Iransler ol economic benefits will b8 r8quiied in setll8menl. and the amounl of the obligation can be measured reliably. Expen(lilure is dassified by actiMty. The costs ol each activity are made up of the 10181 of direcl cosls and shared cosis, including support costs involved in undertaking each aclivily. Direcl Costs atlribulable lo a single activity are allocated directly to Ihal a¢livily. Shared costs which conlribule to more Ihall one activity and supporl cosls which ar8 nol allribulable lo a Single acliKqly are apportioned belween those 8cliwtie5 on a b85iS COll515lent with Ihe use ol r&sources. C8Nlral staff cosls are alloc8led on Ihe basis of lime sp8nl, and depreciation charges are allOted on the portion ol thè asset's us8. Expendllure incurred duririg Ihe year is allocated directly lo Ihe ielevanl aclivily. Exp8ndilure on siipport cos15 IS 311ocaled between activities In the ac¢ounls on the basis of the use of resource5 by ed¢li aclivity. 1.6 Tangible fixed assets T8ngiblè fixed 8ssels are Snilially measured al cosl and subsequently m88sur8d at cost, net ol depre¢lation and any impalrmenl losses. Depretsalion is I'ècognised so as lo writ8 off the c05t or valualSon of assets less their residual values over their us8fkJl lives on the follortg bases.. Lsnd and buildings Plant and machinery Fixtures, fittings & equipmenl 2.5°k on cost 33Qh on c051 20Vo on cost The gain or loss adsing on the disposal of an 85S8t Is delermined as Ihe dSfference belwe8n th8 sale proceeds and Ihe carryqng value of the asset. and is recognised in the slalement of linancial a¢llvilies. 1.7 FixÈd asset Investments Fixed a55el investn)8nls 8r8 initially measured al transaction price ex¢lu¢ing transaction c051s, and are subsequently measured al lair value al ch resx)rting date. Changes in fair value are reCnISed in n81 incomellexpendilurel for the year. TransaGtion costs are expensed as incurred. 1.8 Cash and Gash equivalents C2sli and casl) equivaEent5 include cash in hand, deposits Field 81 c811 wlh banks, other short-lerm liquid nveslmen15 will) original malurilie5 of three months or less, and bank overdrafl8 B8nk overdrafts are Shown within borrowiiigs in current liabilities. 1.9 Financial instruments The charity ha5 elected to apply tlie provisions af Section 11 '8a5ic FSn3nclal Inslruinents, and Section 12 'Otl)er Financial Insliuinents Issues. of FRS 102 to all of ils financial inslrumeiits. Financial inslruinenis are r8cognised in the charity's balance sheet when the tharity becomes party to the contractual prov15ions of the insliument. Financial assets and ligbilities 8re offset. wilh the nel arnounls pr05enied in the financial sl818menls, when there is a 18gally enforceable right lo sel off the recognis8d amounts 8nd there is an intention lo sellle on a nel basis or lo re81is8 th£ asset and settle the lièbS1ily simultaneously. 13.
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢tountlng policles (Continuedl 8asic fffjnancial assels Basic financial assets, whicli include debtots and cash and bank bal8nces. are initially fneasured al Ir8nsaclion price incliiding Ironsatlioii cosls arid arÈ subsequenlly carried al ainorlised co81 uqing Ihe effeclivé intoresl molliod unless Ihe arrangeinenl constilules a financing Iransaclion, wheré Ihe Iransaclion is rneasured al Ihp pre.senl value ol IhÈ future receipts discounled al 8 market rale ol intere.st. Financial assets classified as receivable within one year Bie not amortised. 88sic financlal liabllities B85ic financlal liabilities, 1n¢luding creditors 8nd bank loan5 are initially recognised al transaction price. unless the arrangemenl conslilule5 a financing Iransaclion, where the debt insirumenl is measure.d al Ihe presenl valLJe of the future payn)enls discounled al a market rate of in18resl. Fin£ncial liabililies elassified as payable within one year are not amortised. Debt instruments ar8 subsequenlly c8riied al amortI5ed c051, using the eflective interest rale m6tliod. Trad& creditors are obligations lo pay foi goods or semces thal have been acquired in the ordinary COUTS& of operations from bLipplieis. Airounls payable are classified ds curr8nt liabilities if payment Is due within one year or less. 11 not, they are presented as non-currenl liabililies. Tri1de Lredilors are recognised inilially al IransaLtion Pri subsequenlly m8asured al aniortised c051 using Ihe ellective inleiesl mÈlhod. Deracognltlon of flnancial liabllilies FlnanLial liabilitias are d8recognised when the rharily's contractual ob1ig£lions expirÈ or are disch8rged or cancelled. 1.10 Employee benefits The cost ol any unuspd hdiday entillernen1 is reeogniseis in the period In whiLh Ihe employee's sgrvices 8r8 received. Terminalion benefits arg recognised Ininiedialely as an expens8 when the charity 15 demonstrably wmmilled lo lerminalo the eiTriploymenl ol an employee or to provide lerminalion benelils. 1.11 Retirement benefits Payme.nl8 lfi defined contribution reliremenl benefit schenies 8re el)arged as an expr4ns& as they fall diie. liicome IrDm donations and legacles Unrestrl¢ted Reslricted funds lunds 2024 2024 Total Unrèstricted Restrioted funds funds 2023 2023 Total 2024 2023 Donations and gills Legacies 37,673 258 9.439 47,112 258 53.818 6,200 1,757 55.375 6.200 37,931 9,439 47,370 5g,818 1.757 61,575 14
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from ii)ve$tments Unrestrlct8d Unrestricted fund5 funds 2024 2023 Income from Iisied Invesimenis Interest recelvable 4,877 1,023 3.231 470 5,900 3,701 Charltable actlvltles Incom8 2024 2023 8irdhur51 Nursery Wallis House 8edsS1s Beracah Bedsits Counselling 754,334 126,926 152,373 11,626 d13.312 112,281 144,440 5,569 1,045,259 875,602 Cliaritable a¢tSvltles expendlture Dlrecl costs Support Total 2024 Total 2023 Bii'dhursl Nursery Bedsits Counselling 683,908 157,842 13,226 193.391 84.690 877,299 242,532 13,226 781.476 217,668 6,821 854,976 278,081 1,133,057 1,005,965 15-
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support cost5 Support Governancè Costs ¢0Sts 2024 2023 Staff p,0sls Depreciation Accorntnodation tosls Office cos15 rinarici31 rosls Other 154,583 55,740 35,434 9,277 2,947 11,220 154,583 55.740 35,434 9.277 2.947 11.220 143.524 55,888 32.705 8,865 4. Jf20 10,378 Atidit fees Accoiintsncy Independent examination 6,900 1.980 6,900 1,980 5,226 2,640 269,201 8.880 278.081 263.746 Trustees No Iruslees received any rernurierèlion or were r8imbursed for any expenses incurred12023.' £nill. During the year Alexandra Williamson. dauohter of Mrs J Williainson who is one ol th& TIu5lees, reiVed remuneralion of £14,337.12023". £1,006). and counsèlliiig fees of £1,92512023". £1,100). Duriiig the y88r close larnily Inembers of key manageinenl person81 recewed remuneralion tsf £4,81312023.. Nei movement in funds 2024 2023 The nei movement in funds is stated after chaiglngllcredilir)gl'. Foes payable Iof the audit of the charity's financial statements Deprecicilion of owned 18ngible fixed assets 6,900 55,740 55,890 Employees The average monthly number ol einployees during Ihe year was.. 2024 Number 2023 Number Full lime Part lime 16 18 13 19 Total 34 32 Etnployment Qosts 2024 2023 Wages and salaries 724,625 620,489 16
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Employees Icontlnuedl So¢i31 se¢urily cosls Other pension costs 47,030 11,742 42.755 10.915 783,397 674.159 There were no employees whose aTinual Muneral10n was E60.000 or more. 10 Taxation The eharlly Is exempl from lax on incorne and gains to the exLenl that these ara applied to Ils ¢hari18ble objects. 11 Tangiblg fixed a55ets Land and Fixtures. niachinery equlpment Cost Al 1 Aprll 2023 Additions Disposals 1.350,796 35,407 19,830 1,104 115,8141 208,028 1.578,654 15,476 51,987 124.3661 140,1801 At 31 March 2024 1.386.203 5.120 199,138 1,590,461 Depreciation and imparrment Al 1 April 2023 Depreciation charged in Ihe year Eliminated in respe¢t of disposals 634.684 34.594 19,197 1,080 115,8141 164,587 20,066 124,3661 81 8,468 55,740 140.1801 Al 31 March 2024 669,278 4,463 160.287 834.028 Carrying amount Al 31 March 2024 716,925 657 38,851 756,433 Al 31 March 2023 716,112 633 43,441 760,186 17
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Fixed asset Snvestments Listed investn)enls Valuation Al 1 April 2023 V81ualion changes 133,555 1,085 Al 31 March 2024 134,640 Carrying amount Al 31 Mardi 2024 134,540 Al 31 March 2023 133.55.fj 13 Debtors 2024 2023 Amoltnts fallSng due within one year-. Trade dèbtors Other debtors Pr8paym8nts and accrued income 22.921 8,623 18.686 21.275 13,909 6,033 50.230 41,217 14 Retirement benefit $¢hemps 2024 2023 Defined contyibutlon s¢hemes Charge lo profil or loss iii respect of defined contribution schemes 11.742 10.915 The charity operates a defined contribution pension sch8m8 for all qualifying employees. The assets of lh8 scheme are held separalely froRi Ilios@ of Ihe cliarily In an independently 8dniinislered fund. 18-
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 15 Restricted funds The restricted funds ol the charily comprise the unexpei)ded balances of don81ions and granis Iield on trust subjecl to speclfic condit0$ by donors 8s lo how they tn8y be used. At 1 April 2023 IncoFning resources Resources At 31 March expended 2024 W811is House Fund Pilgrim project Forest School Winter health initiative 8uildin9 fund 2.139 12,1391 6,250 6.250 1,800 500 5,000 11,8001 15001 15,0001 6,250 9,439 19.4391 6,250 PrÈvSous year.. At 1 April 2022 Incoming resources Resourcès At 31 March expended 2023 Wallis Hous8 Fund Pilgrini proiecl 1,757 11.7571 6,250 G,250 6.250 1.757 11.7571 6,250 The Walli$ House Fund represents various donalians and lax recovered duiing the course ol Ihe fincincial year. These funds h<ive been useLI in Iliis fiiiai)ci81 year SplficallY lo provid8 SUPPOrt for th8 Wallis Bedsil residenls. The Pilgrim projecl fund represents 3 donatton re1Ve land lax recoveredl glven lor a short service for d(ler loenagers and young adulls with learning disabiliti8S. Th8 Forest School fund repi"65enls funds given lor selling up the Forest S¢hool. The Building fund repre5en15 funds given towards IThe cost of building projecls and building maintenanee. The Winler heallh initiative fund represenls funds given for an informalion session covering winter lieallh advice. 16 Creditors.. amounts falling due wtlhln one year 2024 2023 Other laxalion and social secuiily Trade credilois Other credilors Accruals and clelerred incoma 12,176 29,895 37,914 12,877 10,334 24,406 20,257 10,504 92,862 65,501 19
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Analysis of net asset$ bètween funds Unrestricted funds 2024 Restiicted funds 2024 Total 2024 At 31 March 2024.. Tangible assets Inve5tmeiiis 756,433 134,64 78,639 756,433 134,640 84,889 6.250 989,Y12 6.250 975,U62 Unrestricted funds 2023 Restricted funds 2023 Total 2023 At 31 March 2023.. Tangible asse15 Inwesttnenls Currenl assetsl{li3bilitiesl T60.186 133.555 109.175 760.186 133.555 115,425 6.250 1.002,916 6.250 1,009.166 -20-
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS ICONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 18 De$lgnated lunds Th8 unr8slrict8d funds ol the Charity comprise the unexpended balanS of donations and grants which 3re not subject to specilic condilions by donors and granlors as lo how they may be used. These Include designated funds which have been set aslde out of unrestricted funds by Ihe trustees for specific purposes. Movement In funds Expgndltiire Galn Ealaljeè Èt In¢orne Transfers Balance al 31 March 2024 Tangible Fixed Assets ReseNe Revaluation re8erye Cashllow Contingencies Refurbishment Development 409,300 5,008 45,000 95,000 37,500 100,000 347,133 15,0081 55,000 195,0001 137,5001 150,0001 756,433 100,000 50,000 fj91,808 214,625 906,433 Movement In funds Expandilurè Balance at 1 Ap1 2022 Incomo Transfgrs BalAn¢e ar 31 March 2023 Tangible Fixed Assels Reserve Revalualioii reserve Cashflow Contingenries Refurbishment Developmenl 409,300 5,008 45,000 95,000 37,500 100,000 409.300 5.008 45.000 95,000 37,500 100,000 691,808 691,808 19 Op8rating lease commltments Lessee Al the reportiiig end dale the cliarity had oulslanding coinmilrnenls lor fulure minimutn lease payments under nOn-CanlIable operating leases, which fall due as follows". 2024 2023 Within one year Belween two and five years 8,279 25.717 8.e17 20,281 33,996 28,898 The 18ase payfflents iecognlsed as an &xp8ns& during the year were £8.27g12023.. £8.6171. 21
CHRISTIAN FAMILY CONCERN NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 20 Cash generated from operations 2024 2023 Doficil for th8 year 133.2041 165,4741 Adjustments for: Investment incorlle r8cognis8d in sla18ment of financlal èdlvilies Fair valu8 gain5 and losses on inv8slmenls Depreciation and impalrrn&nt of tangibla Iix8d assels 15.9001 11,0851 55,740 13,7011 Movemeiits In working capital.. (In¢ase)Iecrease in debtor5 InGaSe Sn ciedSlors 19,0131 27,361 84,443 21,245 Cash generated from operations 33,899 92.401 21 Analysls of changos in net funds The charity had iio material debl during the year. 22 Related party transactlons Remuneration of key management personnel The remun8ralion of key managemenl personnel is as follows.. 2024 2023 Aggregate compen5alio 184,242 173,808. -22-