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 GOn￿rn, 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 re￿1ve no remuneration lor their se￿ICe8 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]ild￿n'S needs and lo support 1119 welfarè of young people. Todzy the charity conlinues 10 se￿e the cornmunily in three distinct areas.. Providing s￿ppOrted Housing for young unrnarried mothers or mothers lo be.. Runniiig a 56 pla￿ regislered Children s Day nursery", Offering a subsidisecl confidential counselling $6rvlce to Ih05e who tnighl not othe￿Is8 be able to afford, or gain acces5 to eoisnselling. Supported Accommodation Christian F8mily Concern proiride$ 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 Chi￿re￿ 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 ac￿sSible 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 W￿ld 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 publi￿110n$, 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&n￿al 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 Fam￿lY Con￿rn 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 c11a￿tY 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 poliC￿S 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 finan￿al 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 p￿VentIOn 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 9￿pared 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 AC￿pIed 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 con￿rn 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 Op￿n10n 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 reqUI￿d 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 1￿cludeS 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 r￿uireS 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 Char￿ty'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. re￿eW 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