Company reglstratSon number.. 01546053 Charity regislr8tion numbor. 282803 Catholic Childrens Society (Plymouth) (A company Ilmiled by guarantee) Annual R8port and Flnand41 Slatemonts for the Year Endod 31 Dec¢mb8r 2024 WESTCOTTS CHAHTt*lO ACCOUWTANT AOVI#S•S
Cathollc Chlldr•n$ Society (Plymouth) Contents Rgference and Adrnknistrouve Dela118 Tru81ges' Report 2to14 Indèpendent Examlnerf8 Report 15 Staloment of Fln8rKlal ActhAts8 16 Bjlancg Sheet 17 Not88 to the Financjal Slatsmen18 18to31
Catholic Childrnns Society (Plymouth) Referenc• and Administrative Dotai18 Chalrn)a 8 S Feamley Tru•t••• A M Rodger8 H Brown M T Shèph8rd M Macarf D T V Kroonènburg R Palc8 A L Tow88y B S FeamLgy R P8l¢e S•cv•tsry Ch•rfty R•ghtr•tlon Mumb•r 282803 Comp•ny Rog1•tIon Numb•r 01540053 Thg charMy18 Incorporated In England 8nd Walès. St 8onSfaGe House A8hburton Devon TQ13 7JL W8slcott8 Plym Hou89 3 Longbrfdge Road Plymouth Marsh M1118 Devon PL6 8LT Ro9l•t•rnd OfflG• Ind•p•nd•nt Examln•r Sollcltorn: Tozers LLP Broadwalk House South8mhay We81 Exelèr Devon EX11UA Pagè 1
Cathollc Chlldrens Society (Plymouth) Trustees. Report The Iruslees, who are dlreclors for the purpose8 of company l•v, presgnl Ihg annual report togeth with the financaal ststemenls Df th• tharitable company for the year ended 31 December 2024. Structurn The SrKioty 58 8 company limitod by guarante8. not having share capltal. and govèmed by Ils Memorandum and Artide8 of A8Eocyatn. Iln the event of the Company being wound up. th8 liabihty of each member Is Ilmited to £101. Control of tho So¢iety and tts property and funds ar8 V8$1ed Sn a Commlttee, wh08e Members, Cholr 8nd Deputy Chair are formally appointed by the Roman Catholic Bishop of Ptymoulh and who constitute tho tharity trustees of the Soclety and dlrectoTs under company law and are known as th8 Board of Tru81ee Diioctors. However. at pr888nt tha PIyTnoulh Dloce8è are w+ttr)ul a Blshop. Canon Paul Cummln8 18 1 Dlfxesan Admini8lralLV. who can appoint naw Iru8lee8 to CCSP. Govorn•nc•, D•cl¥lonam•klng •nd R•cNitinont and Appolfttmont of Trn•t•• Dlr•cto 08tA118 of thè Structure of the Ch8dty and its Gov8ming Document are given at4)ve. Th8 bu8ingss 01 the Soclèty is m8naged by thls Board, whlch may consult the 818hoplAdlng Prgsldenl on the buslness of the Society whenover It 18 deemed approprkto, and whlch mu81 do 80 on any matter whlch 81gnShcantly 8ffect8 the character and glhos ol the SorAety. The Board moets as often a8 considergd nocessary lo managg the buslnes5 of the Sod8ty but musl meet al least threa Ilrne8 year. The Board may daleg81e any of 116 function8 to sub-committeets. (provided al leg$1 tsvo members of each sub-commltttte ar& members ol the main committee) gnd Tagulate them as appropriate and in addth'on may appoint sub-commltteo8 lo act purely In An 8dvt80ry capaclty. The Board review and set UP 8ub-committees where n8eded, an example of thi8 being sub-committees wer& gated for an artSon plan, loplcs being CCSP mon9 lOard gnd revwing finances, expenses, fundraising arbd communicalion wilh the 8lshops Office. Fgcg lo face meellngs tske place, along wlth T•8m8 rneellng8 where approprlale, 88 W811 as some phone converBalions. R•crullrnenl of member8 lakes place from adv8rti8oment8 placed across th8 Cathollc Dk)c98e ol Plymouth, a8 we have an expèctallon Ihal fflemb8r8 wlll live whhin the are8 In whlth the charty provide8 Its sèrvices. Th8 Board memb8rs ore recwlled from all bac4tgrounds, fallhs, and exp8rfences, and 811hough some have 8pecSa1I81 skllls and knowledge to share wlth the Board il is considered ol primary Importance that the mfjmbor8 h8ve an Inlere8t In the care and w•lfAi• of cildren, young people, 8nd families. CondSdate8 for membership of the Board are Invlt8d to attend on8 or tr0 Board Ma&tkngs a$ observers. lo meet existing mernbers gnd galn an Insight into tho workings of the Charity and it8 Board. Al that time and on appointment lo Ihe Board, th8y are Supplied with a copy of the 108t Slalutory Flnanci81 Statements of the Charity, a copy of its Memorandum and Artldes and Charty Commission publlcations explaining thelr responsibilrties as Trust09 Oirector8. New Board Membery complete declarations accepting memb8rshlp of the Chanty and of their wllingngss to act as Trustee Directors ol the Chavlty and are vetted In accordance with the guldance 188ued by the Charity CommS8810n. All new Board members aré 8ncour8ged to ask queslons al Board meetlngs. 8nd where appropriate 10 8eek additional Iraining or guidance on any aspect of the slets work. Mgmbars ol staff and Trustees ore ava118ble for any qu8stion8. Trustee Directors recgive no remuneration for their work goveming and 5UPPOrting the charty, amhough due lo the la& area covered 8nd lo ensure recruitment and ret8nts.on ol Board memtrér8. reasonable travel expenses ara 1mbur3ed. Page 2
Cathollc Chlldrens Society (Plymouth) Trustees, Report Staff During 2024 the Soci8ly employed three paid staff, all of whom workod part Me. nlin IR Dire providlng and faalitaling all Pro•actlve Parenb"ng courses to support parenlslcarers and liaising with schools. The Pr(> actlve Paients'ng mèmber of staff Is also trained to deliver R8Snbows GB bere8vemenl and Ioss training.. lo support membgrs of stsff in CAST schools lo deliver the rainbow8 programme to chlldren. mm cer - obtslnlng 811 grdnts and funding for the charfty and upd8ting pari8h1oner8loceselSUpportÈr8 of the work CCSP cary out through y88r. In E88entéal grant programme, admln for Tru8te8slcharlly and finance8. Patron Our slnc•rg thank8 go to Protsssor Shella the 8aron88s Hollln8 who Is our Pation. she18 ragularfy upd8ted. Volunt••rn Throughout the Dlocese. a faw people In p8rlshes voluntoor to holp the by adng 88 coordlnator8 lor Iha gnnual appè81 collectton. Others h8ve glven much me and effort to fundr8raing and publlclty. The Society 1$ most grateful to 811 ¥tho have glven help In any w8y. CCSP plan to contlnue lo actlv8ly prorrK>le the P8rf8h Volunteer role. Olh•r r•l*tlonBhlp• The Soclety 18 SUPPOrted by tha Plym(MJth DIocaBan Trust, also 8 R8gl8t8rad Charity (No. 2132271. The Dlocesan Trust provides the accornmod8tJon oc¢upl8¢J by Ihe Soaety8 Registered Office and expacts reimbursemont lor the offlc8 consumables such as $tstlonery. lelephL)ne, and pos18ge. A mall 3um Is PByable for other odmlnl$tr8tlve 8ervSce8 provl¢Je(J by the Diocese such as P8yToII 8nd Pgrsonnel 8UPF•Xt. The S(Kioty18 exceedlngly grèteful for tha support tha Dloc888 offer8 In thL8 way. Carlt•8 Carrtas conllnu86 to Ihrfve and d8velop. 11 supports and shares the Mlsslon of the Cathollc Church, Suppon9 the neiwork of sodal octlon chBrltles and p8ri$hes wlthln tha Plymouth Diocese. We have a strong partn8rshlp th Carflas Plyrnoulh. As on8 of the founder members of the Carftss team we are helplng to draw this initiative forw8rd. halping to reach more dl8advantaged famllie8' and chlldren. We have workad collBborat4v&ly with Carjtas In 1d9ntSng thè needs of famllle5 In crisSs In th8 Dioceses. H8lping those of falth And of none. Compllance wlth th• gov•rnlng documont Ind curront •tatuiory roqulrem8nts The )Inand818t8tements hava been prepad in accord8nce with the governlng dor)Jmgnl of the Soci8ty, current statutory requlrements, and the requ1ments of th& St8t8meni of Recommended Practice IFRS1021- AccDuntlng and Reportlng by Charities. The Board of Trustee Dlr8CtorB h8Ve compllefj wth thelr duty and wth due regard to the guidanc8 on public bonofit given by the Charmy Cornmissfjon when exercising any powers or dutle8 lo whSch the guldance was rekvanl. Page 3
Cathollc Childrens Society (Plymouth) Trustees. Report Inv•8tmont Pow•rn Under the Memorandum and Artldes, the Charity has th8 power lo dep05il or invest funds in any manner (but to invest only after obtaining ad¢8 8nd having regard to the suitability of Investments and the need for div8rsific8tion). The Charity holds a policy on ethical inv8stm&nl and has a slalemenl of Inve81menl prin¢iple and r18k ol which our inve$lment advI80r8 ar6 aware. ObJe¢tlv The oblectlve8 of the Sooety are lo relieve the charit8bl6 need8 of chlklren. young p•rsons and farnilies of tho89 of the C81holic falth. those of all lahhs and none. ActlvttlM Und•rtak•n by the So¢l&ty In ¢onn•cdon wlth the obj•ctlv•g st&tsd. The stated obl8¢tNe of Ihe Sodèty Is to 8UPPOrt family Ille auoss th• Calholic Di080 of Plymoulh, which covers all ol Comwall. Devon, and part of Dorset. Currently thi8 Is aGhieved by the provislon of th8 Pra¢lIve Parenting Project, Rainbow6 boroav•ment and loss tralnlng. the Good Shepherd Programme for Schools, and an E88enti81 Grant Programme. The ar8 all 8UPPOrted by varfou8 fundral8lng iniliativos and donaUon8 from 8chools, parlshes, and Indlvlduals, as wall as from a number of grant giving organi8atitsns. Our Inveslmonl slr819gy provldes r&rVeS lo ensure there are SuffiOnI fund8 available lo support these activhles for al least the coming finanttal year in the event of a 17nanclal derlf caused by lack of Income. Th18 Is neoe¥¥ory due lo the Iluctuating nalure of our grant giving, whlch is dapendent on need and Can vary greatly month lo month. The Pro-active Par8nling Project Is d88igned 10 8UPPOrt par8nl8 and carers. The programmes cover dlfferlng oge ranggs 80 that parents or carers havg a cPh)ke of plarfomi 10 8Urt thalr n8ads. Efforts are made to ov8r¢ome any barrier8 lo paruclpatlon, Such 88 Ilterncy or language, ond vgnugs are Selected lo cover a wlde-ranging area and with appropriate facilities for all partldpant8. Th88e programme$ are providad free of charg8 10 811 parent8 and car8r8 Bnd allhough voluntary donations lo help defray &xpenses are welcorned, th8y aro not expecte¢J. CCSP also has an SLA agreement CAST IPlymouU) CAST. Mulu Academy Tru8tl, In order lo be abLg to offer ihe Pro-advg Parenllng Courses wilhin these schools. AS k)cal authority budgelg are cul further. the number of non-8talutory parenting programme8 providad by local aulhoritS8s conts'nug to fall year on year. The Pro-active Parentlng project strives lo br(dge thè gap for paronts by providing programmes in thair locality. The Pro-aclSve panting membgr of stsff Is a150 trained lo d81iver Ralnbows GB bereavement and 1088 tralning lo support members of staff in CAST schcols lo deliver the rainbows programma to ¢hSldfen. The Board of Trustee Directors rewew the Project lo gn8ure cost effldency. value for money. along wlth effecliven8ss And impact are being mel. Our G&)d Shepherd progromme is promoted in schools lo encourag8 young peop to think of thg needs of othors. Along wllh the organization of Sponsod events lo rais8 awareness and funds for ccsp. We al80 purchased essential ftems for families through our Essential Grant Programme. Helping to support familles of all faith5 or non8. All grant applications the Sorygly receive are a55e3sed on individuawamilieslcarers n8gd', in order that CCSP can be sure that 811 don8tion8ffunding received are being used wilh Consideration and effi¢ienw. Pago 4
Catholic Childrens Society (Plymouth) Trustses, Report Applicallons rnust be supporte(J by a prof9ssional agency BUPPOrting the family, an example of this beSng a school, housing assorAalion or medical professional. Guldance Is offereil to applicants anil rèferees through documents publicty available on our website or on Tequesl. The main terIa for acceptance remains that the hem requiied must direclly befft chlldren wlthln the family. and be of an essential nature, an¢J not available through statutory aid. The Essential Grant programmo wlll conllnue to bg faewed. The Board of Trustee Dlrectors have provlded all IheBe seNces and complbed with their duty and with due regard to the guidanc& on public b8n8fi1 gfv&n by the Charily Commlsslon when exerclsing any powers or duties to whlch the guidance wa8 relevanl. Summry of •¢hlovem•nts In 2024, roport from th• Actlng Chalr of Tru•tsM. Th18 has been one of our MOBI succ&ssful year8 for fundraislng, certainly since th8 pand8mic. A$ our charty h88 become b8tter krthyn throughout the dlocese ol Plymoulh, more organisallons are applying for our essential gran18 for som& of the m061 vuln8rabig famllles the dh)ce8e. As ever our 888ential grants are open lo families need, of faith or no lallh. Our fflosl challenging dernographlc argas are ToaY, Plymouth, Cormyall. parts of North Devon and some omall ar888 01 Oors81. H8adleachers, SENDC08 and p83lor81 ¥upport worker8 In CAST and non-CAST 8chools have boon abl& lo apply for 9668ntlal grants on behalf of Indlvhlu81 f8mllle8. In re8pon8e and In ¢hank8, many schools are hok1ing fundrai8ing o¥onl8 for CCSP. OUT requesis continue lo come from many dlfforenl piofe88Ionals, th8 CAB. mgnl81 h&8lth, health vlsilors, peri menial health workeTB. DA support services and many more. As the c081.of-Ilving crf8is continues lo Imp8Ct the wholè of our dloce80, so many more families are struggling frorn day lo d8y. W8 continue lo help, farnlllos wlth di8abllltl88, f8mllie8 Impacted by very serfou8 and unexpected illne88. those who have suffered the impact ol b8reavemenl. pfggnanl women, those wllh very Borlou8 mental hoalth needs, a8uM seekors. DA 8uryivors and 80 many more. Our PrTractfve PantIng support worker. Sarah Davie8, has been able lo g81 into more schools 10 offer th8 benofft of her Irainlng and expertlse. In her second role as a registered director for Rainbows G8 bereavement and loss. sha has Iralned staff In a number of Sthools to deliver ber8av8m&nl 8nd Ios8 programme8 to chlldren. She has also responded lo Ihe n&8ds of Schools where tragedy h88 happened. for exampb when a member of staff has di8d. As Actlng Ch4Sr. I f•el. it 58 very importanl for our charity lo mov8 forward, Ihl818 paCularlY 80 in h( we gain and manage our funds. We are always cogniz8nl, Ihal all wè do aligns wjih the charitys ethics, objècts and misslon 8lalemenl. All Trustee8 and employees h8ve taken part In Safeguarding Iralning. We have offered CPD opportunlts lo all three of our employees, which have be8n SUCCAgS8ful In Bupporting th8Sr drfferent aroa8 of woth for the charty. Eoch employee ha8 an annual appraisal. Hb8torlcally the Bl8hop of the dlo¢ese18 8180 our Presldant, gmng valldatKJn and support to tho work of our Chartly, how8ver th8 dloc858 has been wrthoul a Bishop for rnore than two year8, but we are grateful for Ihe support of Canon Paul CumMir15, Diocesan Administrator who continuas in the rde of president of CCSP. Page 5
Cathollc Childrens Society (Plymouth Trusteos. Report We have been effecllve In our efforts lo provide more outreach lo Comwall and Dor88t but there 18 moré to be donè. In the coming year our summer fundraising event will be in Cornwall, as VAII our annual ma85. We continue lo vS8it and gfve 'presentations at Oeanery meetings and work In coNabOrn0n wth Caritas workers In all 8reas of the dloce8e. As Acting Ch8ir, I have been part of the Carilas a(fvisory group, working wth a number of. partner charlties, whlch give mutual awarene88 support. Cafitès rd a Catholk Sodal Actton Charity, adve n our diocese. W8 are keèn lo In¢a$9 our number ol Trustees and encourage dlversty in the makeup of our Board. We ara ah¥8y8 Ic4)king lo recruit Trustees lo complement the sklll sel wllhln the current board. Wè are so very graleful to our many loy81 donors who support our Bnnu818ppea18 bul 8180 fundr8181ng in parish•s. This may lake th& form of Lenten lunches, Crlbfes18, raffles etc. or Indlvbduals who donitè on a regular or one-off ba8is. We are 80 gratèful lo our support8rs who rgcognise tho Impa¢t of tho charills work In 811 we try lo achieve. We are Blso th8nkful for legade3 received durfng this financial year summary of •chl•v•mont• In 2024- Pro4ctlv• P*r•nOnWR•lnbowJ. Thare h8s been tha opportunlty lo h8ve 80me further Iralnlng to 8ld the courses that I dellver that we have managed to obtain for travel costs only by lolning othor consortiums of S9CeS as 1[ as the annual Ir8lnSng requlred by thè dlxesa. . ASSIST Iralnlng by Pel8'8 Dragon M&ntsl He8llh Flrsl by First Ald England . A8sessing Mentsl Capaaty Tr8ining • Children wllh epllepsy training Conflict Resolullon TroSnlng Managing Anxiety Iralnlng • Ther8peulic Parentlng . Cfftr securlty underst8ndlng er rfsk. Dbc888 Trglning . Cfftr $8curlty staying safe onllne. DIoc888 Tralnlng . Data Prfvacy Dl¢xg89 Tralnlng . Porsonal Safèty Dlocese Tr8inlng Fire Safety Dloc8s8 Tralnlng . Risk Assessments Diocese TrolnSng • Electrical Safety DSoca8e Trainlng Manual H8ndllng Dlo¢8se TrBining . Slips and Trips Dioceso TraInng . Your Hgallh and Safety Diocese Training DSsplay Scr88n Equipment Dloc888 Tralnlng Pagè 6
Catholl¢ Childrens Society (Plymouth) Trustaes. Report W& 8ucces5fully ran Cr8e8 In 8everal schools Inc4udlng.' . St Johns Penzan . Sl Mary's Cambome . Sl Joseph Exmouth . St MaS Buckf881 Our Ladls Torquay . Our Latys Teignmoulh * St P818rs Ptymouth . Sl Mary's Dorchestar Promotlng the urseS that Wo have lo offer has gone well, advertlslng through thè CAST port81 and dlr8ct communications wbth schools vla 8m811. It Is becomSng Sncreasingly dlfflcull for schcds to find th& space 8nd for parants to attend. The alm for the futu1$ to loc al the ability to wn cour8e8 off the school grounds. W8 offer bereavoment and loss tr85nlng to Staff In our C8thc41¢ Schools, 8nabllng th8m to dallvgr Ihe pegr support style Ralnbow8, Sunbeams and Spectwm progr8Thme. We offered cnt[nued support for Weymouth. tralnSng thelr facllitalors In J8nuary 2024 and Our 18dle8 In Torquoy, both whol8 school CPD as well as facilltator tr81nlng in February. ag well as som8 onllne trainlng for Sl P818rs Boumemouth. One lo one 8cIKJl 8UPPOrt wa8 glven in Torquay In l)ecember. OLrt of 25 CAST schools and 3 Independents in th8 dl(Kes8 w8 h8v8 22 roglstered 81tes, wlth mora to come In 2025 tOW8rt18 the gool of every school offertng this support and service. Our Good Shepherd program continue8 to encourage children In our CatholSc 8th0016 to think of others. Sl99p on tha fbor 2024 r8n and had partlclpolbn from 58veral h08. School InVOeMent conunues to b8 low, bul find that schoo18 h8ve not run the actual Snitiative, thèn they VAII do o fundra18er of some n for us In the year. We have offered other pl8nned fundraisers like the CAST anniversary drop down day material wrfh very limited support Th8 plan for 2025 is to mInIme workload by ujmblnlng Jubllee ol Sport and th8 Good Shepherd wlh tho Sl AIoy8ius non unrforrn day In hope Ihal mor8 8chcoJs 11 support. Pag8 7
Catholic Children8 Society (Plymouth) Trustees, Report We managed to makg some new contact8 in Dor8el1881 ar 88 vislled Weymouth and POO for a couple of our annual events. Wa racruw im) new Parish Volunteers. and had In¢ere81 from 8 few more, It Is plea81ng to see tho1 moro p8rtshes are running thèlr own Innovative fundraising ideas. wen Iut the fomiol rolg of a P8rish Volunteer. We contlnue to promote the rol8 of the Parish Vdunte&r thrtrjghout th8 Diocese, vthera w8 I(k for on8 parlshlongr or even a small number of people In a parfsh lo volunteer to help the charlty by adng 8$ coordlnators for our annual appèal and crib app8al. as well as other dlocesan vhde fundralslng events. We are con8kleriro the produclion of a Pari8h Volunteer newsletter and zoom meetings to provkje support and tralnlng to the P8ri8h Volunteers we h8V8 recrulted. The i*adty L8 very grateful to all ¢)ur ioyal supporters who ConnUe to halp ralse muth needed funds. Over the last y8ars, have now vlslted all five 08anery meetlngs to actfvety promota how p8rishes can 1P u8 wlth oui fundrobing, and plBn to 88k lo attend tha88 De8nery ma8llng8 every three year8. Durlng 2024 CCSP r8ce5ved 2 leo8cS8s for vthlch we ar8 extremely grateful. Thls enablas us to cOnnO to supwrt famllles vAthln the Dloce88, th18 a180 8UPPOrts th8 ch8rfty8 future. We are gra1ul forth08e people left a ¢k)na15on In thelr will for CCSP. we are thankful for the Support wa recolve. Page 8
Cathollc Childrens Society (Plymuth) Trustees. Report 2024 waÈ 8 wonderful y8ar for CCSP as our Annu81 ApFeel. crlb 8pFeal. Gre818ig Diocesan Qui2. orange box recydlng 8cheme and ink cartridge iecycling scheme all ralsed record br8akSng lola18. We ar& axlr8mely gratsful for all the support we recefve throughout the Dlo¢ese. 'Bellev8. Lov8, Share - Tr8nsformlng Lives. was the theme of 2024 Annual App881, whlch rals811 wa# over £20.000 compared to just over £17,000 in both 2023 8nd 2022, We continue to use a QR code wherever possible. vJhSch has helFed to make (t much e8Si8r for donallons lo be made. In 8ddlllon, we recelved B rocord numLw of donallons to our Crib App&81 al the end o120231start of 2024 and rec8ivetl lust under £9.000 compared Io ju81 under £7,OtW) in 2023 and lust over £3,500 in 2022. We are grat8ful lo the suFportws of the Naffonol Lottery as we received 8 further grant of £14,000 last y88r 88 well as another £2,000 from thè Comwall Community Foundation for the thlrd year rUnnn9. We were 8180 8UCCe88ful in w8ivlng £10,000 from the 08y for Life Fund and £5,000 from the Green Hall Foundatlon. Included th the tot81 gr8nl Income of £41.620 12023 £31,152) was 8mounis recelved from our regular annual grant funders of £10,OW vthlth has rlBen consldarably compared to lasl y8Br. Amolher record w85 8el with our or8ng8 box relIng stheffle, ere supportars don81e thelT unw8nted Items such 88 Stamps, lewellery. sllver e.l.c. which 18 subsequenuy turned into cash. Alrnosl £6,000 was receiv8d eompored io Iu81 over £5.500 In 2023 and £3,500 in 2022. We havg 8180 8CtN8ly promol8d our recently ralBunch8d ink cartridge recycllng schome and ra188d £532.50 last yeBr compared to £208 In 2023. Elghl p8rf8hes took part in our 2024 Gre8t Bo Dioce88n QU whlch ralsed lust over £1.500 and further p8rt8hes held thelr qu12 nlght after the maln event brlnging tho total r8i89d lo almost £3,000, whlch Is our b&sl GBDQ total to d818. FollovAng the success of our In8ugural 'Rl$g to Our C8uae' ev&nl on Ascenslon Thursday at Buckfast Abbèy in 2023, IBSI year'8 evenl wa8 held al Sl Marvs In Pool& whlch gave UB the opporttsnty lo mèet rnany new 8UPPOrters In Dor8et. Thank you to evewne Involved at St Mary's for maklng us all 1001 $0 welcome and for the wonderful buffet provided. Our Guest Speaker was Dad Walls, And the event rBlsed £540 compared lo £450 tha prevlou8 y68r. This 18 now Bn Bnnual event, and our 2025 event wlll ba held al St Culhbert M8)e in Launceston. as we wll be movlng around thg DSocese to maèt mora new CCSP suFyorter8. Follo%ng th8 success of our first ever Wllls Waèk In the summer wh8r8 £725 was re(*lved In donalions from p8rlshlonern who support8d u3 during the wa8k, we 8re in the process ol arranglng 8 3econd Wills Week lor Aprfl 2025. Thanks to a generous legacy left by a fomi8r tnjslee, our brand-new website was launched tOW8rds the end of the year. H8vlng listsned to feedback from our supporters. our new website Is now much easier to nBvlg8te, and forrns can be complel¢(J online, 88 well a8 donaUs can 0180 now be mad8 throuah the new webske. We are very gratèful to 811 our knyal supporter8 in our PBTlShe8 Bnd schools for thBir continued support of the charity. P806 9
Catholic Childrens So¢i?ty (PlOuth1 Trustees. Report Annual Mas• This y8arfs Annual Mas5 look place 81 St Jo8eph'8 in WeyTnouth thanks to Fr Anthony and the d)Ildren of St Augustine's Roman Catholic Prirnary School. It was a beautiful mass led by the chlldrèn. (lebraling the important role they have Sn sprèading love. joy and the importance of family. Our Annual Mass is our way of Ih8nking all our Supportèrs, as well as highllghting the import8nl woth that we do. and look forward lo Vis1n9 St John the BaptiBt in Comborng In 2025. Pl•nJ for the Yur Ah¢d Conllnue to find 811ernafjve and innovauve ways of fundraising as well as supportSng OUT exlBling ways to gel Involved . conb.nue to apply for grant funding from new sources, as well a8 our regular lundgrs Continue lo promote the Importance of regular donation8 espeaally through our new wèbBlte, also our 50.'50 club Helplng Hands Continue to work wllh our sthools and parfsh88 to ensure more support of our fundralsbng Inttlalive8 Conllnue lo promote th8 ParI8h Volunle8r role and investigate ways lo encourage more r8crult8, such as the productlon of a Parish Voluntoer newsletter and Z[ meetings lo pvIde support and training to the P8fi8h Volunteers we have recrurted Summ•ry olachl•v•m•nts In 2024- EBBentlal Grnnt Progr•mm• - EGP Thero conllnue8 lo be &xlr8me t1&mand for the EGP. a8 there rem8ln8 a high level of famili08 In need wllhin the Diocese, The tsjsl-of-livlng crlsl8 has Impacted on famSlles, along wlth famlly dynambcs chènging due to111 heath. a change in lamity rjrcumslances. b8reavemenl, and moving homo. The number of applkalion5 roceNgd was 218, of whlch 188 weie consldered by the panèl, and 141 of th8se were processed. Ihls 18 the nLtmber of familieslcarers supported by CCSP durSng 2024, Although thls number appear8 to have reduc8d from prewous years. the number of chiklr8n who bengfi18d from thi8 SUPPOrt ¢onllnue8 to rf8e, and the numbgr of Item8 purchased ha8 Increasad. Of the 141 appllcalkJn8 approved and proces$8d, the numbgr of chlldren b8n&fthng direolly from itomls purchased was 143. . The number of thbldren withSn a famlly wlth additnal Ted8 was 26. and the numbgr of adulislappllcants who h8ve a disablllly or add6tional neod¥ wo3 22. . 354 il8m$ were purcha8ed for famillesloaieg In 2024. luniform 18 da88ed as one Ileml. An example of Items provtded In 2024 a - cookers, washing machines, frfdge-freezer8, school uniformlclolhing, shoesltralnerg, b8d51mallress•s, cotslmallre8888, and many baby ttems. 2022 2023 2024 NuMr of grants rffelved •nd con•ld•red 398 211 186 Numbor of grants ¥u•pend8dlnot proc••8•d to budg9t 56 22 Total number of grAnt appllcation# rgGelved 452 233 218 AppllcatSon• d•cllnedl¢anc•ll•d or no longer needed Total number of grnnts approv•d and fundgd 32 186 83 45 230 148 141 Page 10
Catholic Childrens Society (Plymouth) Trustse$' Report The Plymouth Di0$8 cover8 all of Comwall, Devon, and part of Doraet. Atthough it is noted that most applications received and consklered were from Devon, Ptymouth being tho highest area. o Comwall applicallons 21 o Devon appli¢alion8 159 o Dorset applications 6 CCSP conllnue lo look al way8 of 8upporting familigs and maklno thèm and professlon81 agenaes awa ofthe EGP throughout th6 Diocese. Fun(ts are not IransfeTred dlrectty to 8 tsmily or referee, itèms are purchas8d and dalN8red lo th famlly hom8. or In the case of school uniform CCSP can sometimes arTange for childr8mIlo81¢ar8r8 lo go dlredy Io 4 school unlformldolhlng shop. All applicatlons are considered by a CCSP pan61. Unfortunatety, due lo budget r8Striction8 an amount of money musl be allocatgd lo the EGP a month, It do8B mean that K Ihl8 18 r88ched some applications have h8d to be suspanded. Thi8 total for 2024 was 32. Referees aro asked trj r8-8ubmlt applicallons the following month, therè Is no waiting 118t. Thls has not been an ea8y deLysion for th Trustee Dbrectors to Make, but based on finances, donallon8 And r88er¥88 thls actlon had to bg taken bui rem8ln8 undgr constant revl8W. We receive many lovely messag85 of thanks from the ag¢ncles we deal wlih, and the fgmill08 we have supported. 1118 wonderful lo have this feedback, bolh lor CCSP. our donalor8 and bupptsrters, this also helps to support 8ny funding applIc8on8 CCSP submll. W• arn •xtrom•ly grat•ful for •ll don•tlon•, lundlng• and l•gacl•• thit CCSP r•1, •• th1• •nablo• tho Charlty to contlnu• wlth th• E•a•ntlal Grnnt Progr•rnm• and •upport f*mlll•B wrthln tho Plymouth DIoG•B•. Thank you. Page11
Catholic Chlldrens Society (PlOuth1 Trustees. Roport Statomgnt of Dlrectorn Re8ponslblllty The Tiustses {who are also dirgclors of Calhollc Children'8 Soclely IPIyTllOUth) for the purposes of company lawl are rasponsible for pr&paring the Dlrectors Report and the financial st81emenls in accordance wllh 8PPticable law and United Kingdom Accounting Standards (United Kingdom Gen8rally Accepted Accounllng Pr8Ctke). Company law raquires the trustees to prepare fln8nclal statements for e8ch ye8r, whlch gfve a true gnd falr vlew of Ihe state of affalrn of the charitable company and of th8 Incomlng resources and appllcalion of resource8, including the income and expenditure, of th& chathable company for that pariod. In proparing these finandal stalemenls, the Iruslees arg requlred lo,, select 8Uitable ac¢ountlng polic¥e8 gnd then 8ppty them conslBtently. observe the methods and princlples In the Charitie$ SORP. make ludg&m8nl$ antj e8limale5 that aro reasonable and prudent. &1a¢e whath8r applkable UK Accountlng Standard$ have been followed, 8ubl8Ct lo ony materi81 departures dis¢108gd and explained In the Ilnandal 8talements. Prnpare the Nnanclal slatsrnents on the going concem b9$18 unless tt Is Inapproprlale to pre8umo that the charitable company will continue In busines6. The Iru8lee8 am respon8lble for keeplng prOr 8cct)untlng records. which dt8dosg wllh reasonab accuracy at any Ilm8 the finandal poslllon of Ihe ch8rilabl8 company and enable them to en8ure th41 the ffinanci81 slalements comply with Iho Companies Act 2006. They are alBO responslble for safeguardlno thè a$$ets of the charitable company and hence for taklng r8a8onablo stops for the prevention and detection of fraud and other Irregul8rltle8. Page 12
Calholic Childrens Society {Plymouth) Trustees. Raport Inv•$tm•nt Pollcy Having r8gard to the level of reserves and reserves policy, the Oireclors operats a policy of keeping funds sufftcient for day to day fun¢b'oning in current accounts, with the balance administered by inveslm8nt fund managers Slockdale A88el Management Thi5 yèar the Directors have allocatgd part of the investments to ensure the Society h88 sufficient rgserves to cover contractual obligations lo ils staff and suppller8 should the S¢Xi8ty bg¢om8 unintentlonally insolvènt. This section of the Directors. Report should be read in conlunctbon wllh nolg 14 to the financial stalemenls. The Society 18 involved In sever81 prolecls. the foremost belng Pro4ctiV8 Parenting, Isupportlng parenlslcarors and famill8sl, which is a permanent feature of the Soclotvs work and ils major flnancial commitmanl. Th8 rogular annual incomlng resources of the Charity li.e. excluding legaclos and grants which are inl8milttenl, unexpected source8 of income). are usually approximaloly £60,000. Excluding granl-makin9 actfvilles, (which, again, are Inlemittenl in nalurel, Ihg regular annual resource8 expanded by the Charity were appraxlmately £52,000. The Charity has total unrestricted rg$8rves at 31 Decernber 2024 of £281.03312023 - £254,457) arKI restricted reserves of £15,000 12023 £5,000). The Dlr8clors conslder this lev81 of roseryes appropriate lil lo cushion 8xlsllng actlvllles from unexclad fluclualions in incoming resourc88, lill lo enable malntenance and improv8Tnenl of the projects CUTf8nlly being mn and {iiil lo enabl8 them lo make onethoff grants a8 and when appropriate. A dasignaled r8seryo has bgon allocated to gnsura that the Soclety is In a poslllon to meet its conlraclual ¢)bllgallons lo staff and suppliers should any unforesoen event occur whleh Ihr8alen8 the resources of the Soclety. In¢omlng R••ourc•• The Socievs In¢orning resources in the year were £129,467 12023.. £155,122}. Of this amount £74,975 12023.. £109,796) c8me from Voluntsry Sources. Lggaci88 of £8,192 was received in thls period12023.. £ 41,4391. Grants lotalllng £41.620 12023: £24,400) were secureij thi8 year as a re8uIt of tho èfforts of tha fundralser. R•$ourco1 Exp•nd•d Tho Society spent £118,020 12023.. £98,688) on expenditure. Charitable eXpendIre of £91,668 12023.. £60,680) in the current year comprises £30,18412023.. £27,957) spent on Pro-8Ctlve parenting. Ithe famity support projecll. Grants lo individuals and other inslilullons increased to £42,974 from £31,329 in 2023. The costs of Governancè of the Society were £4,63912023.. £6,880) and £36,854 12023.. £30.4991 was applied lo generatg fiJnds for the Soaety, including the cost of the fundraiser. N•t Mov•m•nt In Funds The nel increas6 in realis8d funds for the year was £11,447 12023.. increase of £56.434)- Further details on the results for thè year and on the movement in funds may be found in the Ststement of Financial Activities on page 16 of the financial statements, Page 13
Catholic Childrens Society (Plymouth) Trusts88' Report Tru•to0• and offkor• The tru31ees and officérs Ben9 during the year and sinc8 the year eThJ were 88 follows.. Trustees.. A M Rodger8 H Brown M Marszabk Ireslgn8d 1 January 20251 V L Magor {r8slgned 22 April 2024) T Shepherd M Macari lappoirrted 8 January 20241 D T V Kroon8nburg R Palce A L Ti)w8ey lappolnted 26 November 2024) B S Feamley (Hppolnlad 20 May 20241 Chalman.. B S Fe8ml8y lappolnted 20 May 2024) R Palce Secretsry". The annual report was approvgd by th8 Iruotoes of tha charfty on ..*... a¥and •lgned on tt8 behalf by. 8 S Feamle Chalrnian and Iruslg9 Pagg 14
Catholic Childrens Soclgty (Plymouth) Independent Examinerfs Report to th8 trustee8 of Catholl¢ Chlldrens Soclety (Plymouth) ('the Company,) I report to the ch8rty truste on my examination of the ac£ounts of the Company for the year gnded 31 December 2024. Re•pon•lbllttlgs and ba•1• of report As the charity's tru81eè8 of Ihe Company land also It8 dlrector8 for Ihg purposes of company law) you are responsible for tha prèparation of the account8 In accordan th the requiremen18 of the CoMpanS Act 2006 ('Ihe 2006 Act'l. Havlng saJsfied mys•lf that the accounts of thè Cornpany are not requlred lo be 8udMed under Part 16 of the 20C6 Act and are eligible for independgnt examination, I raport in r88pect of my examination of your charity'8 accounts as cairied out under Section 145 01 th8 Charitles Act 2011 I'lhe 2011 Act'l. In carrytng out my examination I hav8 follow8d the DlrectlonB given by Ihg Charlty Commission under sodon 14515){bl of the 2011 Act. Ind•p•nd•nt •xamlneV• •tatsm•nt I hav8 compl8le(I my examlnation. I confirm that no mattern hav8 Con lo my attentbn in conngcllon wtih the examination gIn9 mo Cau to bellove.. acUntIng r8cord8 were not kopl in r08pecI ol Calholk GhlldrgnB Society {Pouth} 88 rwulred by sectlon 386 01 the 2008 A¢t'. or 2. tho a¢xoun18 do not accord wlth those rgcord8', or 3. the accounts do not comply wlth Ihe accounllng r8qulremenls of 8ectlon 396 of the 2C¥J6 Act other th8n any requirement th81 the accounts give 8 'lrue and fair vS6w' which Is not a matter con$ldored as part of an Sndependenl 8xamlnatlon', or 4. the account8 have not been prepared in accortlance with Iha rnolhods and principles of the stalgmenl ol ReGoMmended Practic8 for accounting and reportlng by charities lappluble lo charflles preparing thei¥ accounts In accordance wllh t Flnanckl Reportlng Standard ppllcable In the UK and Republlc of Ireland IFRS 10211- I hBve no concems and have come acros$ no other matters In connection with the amin¥110n lo which 8ttention should be drawn in Ihls report In order lo enable a prop8r under818nding of the accounts to be reached. Motthew Keane ACCA Weslcotts (SW) LLP Ptym House 3 Longbridgg R08d Plymouth Marsh Mi118 PL6 8LT Page 15
Cathollc Childran8 Society (Plymouth) Statement of Financial Activities for tha Year Ended 31 December 2024 (Includlng Income and Expendlture Account and Statement ot Total Recognl8ed Gains and Losses) Unre•trlctsd fund• Rejtrfcted fund¥ Totsl 2024 Total 2023 Not• In¢offle and Endowments from: Donation8 and legaoe8 Invaslmenl Inme 87,187 6,280 36.0 123,187 6,280 151.235 3.887 Total Incom8 93.467 36,000 129.407 155,122 Exp•ndltsre on: Ralsing lund8 Charltabl8 actlvltles Olh8r expendlture Total oxpendllur8 Galnslllo8s881 on Inve8tment a888ts 125.895) 185,868) 45 125,8951 191.868) 457 122,1781 175.8361 673 (28,0001 192,020) 126.OWI (118.0201 {98,88n 5,129 5,129 18.889 Nel Income 8,578 10,000 16,578 T3,)4 Net movement in fund8 6,578 10,000 10.576 n.004 RKonclll•don of fund• Total fund8 brought forward Total fvnds carried fmyard 17 254 457 5,000 259 457 168,453 259,457 261033 15,tsJO 278,033 All olthe ch8rlly'8 acilvlll88 del from o)nllnulno ¢wratlon$ during th• above period8. The fund8 breakdown for 202318 Shn In note 17. The not•s on pages 1810 31 form an integral part of these Ilnandal Statsrnents. Page 16
Cathollc Chlldrnns Society (Plymouth) (Reglstratlon number: 01546053 Balance Sheet a5 at 31 De¢?mber 2024 2024 2023 Notè Fix•d •M•ts T8nglble a88816 InvÈ8tmenls 12 13 1,625 192,480 194,105 200.708 202,572 Debtors C8sh 81 bank and in hand 14 15 4.502 69,512 79,447 80,243 74.014 Cr•dltorn: Amounts falling du• wlthln on• y••r N•t ¢urr•nt a••t• 18 16,782 6,862 73,461 65.352 259,4S7 N•t a•••ts 276.033 Fund• of th• charlty: Re8trfcted In¢om• fund• Restrict8d funds 15,000 5,Lh)O Unrn•trl¢tsd Income lund# De8lgnaled Fund8 General FundB 23,884 237,169 23.625 230,832 Total unrnslrfcted fund# 261.033 254,457 259,457 Total fund• 17 276.033 For the finandol year endNig 31 D8combar 2024 the ch8rfly w88 8nlitl8d to exempllon from audit undèr ygctlon 477 of the Companle8 Act 2006 fel#Ung to 8mo11 companle8. Dlrectors. re8pon85bllltlès: The membgr8 have not required the charSty to obtain an audlt of Its acLa)unts for th• y8#r In qu8$tion kn aceordanc8 with 8edon 478,. and The diredors acknowledge their responsibilities lor complying with the requlrements of the Act wyth rèspect to 8ceountbng records 8nd the preparation of a¢counl8. The financlal slatemgnts on pag8$ 16 to 31 were approved by the trustees. and authorl8ed for I88ue on .......al¥j signed on their beha by. B S Feamley ChaiThnan and Iruslee The notes on page8 18 to 31 form an inlggral part of these financial statoments. Page 17
Catholic Childrens Society (PlOuth) Nots¥ to tho Flnancial Statements for the Year Ended 31 December 2024 I Charlty statu• The charity 18 Ilmlted by guarantee, incorporated in England and Wales, and consequently d08s not have share capital. Eath of th8 twstee$ 1$ liable to contribute an amount not exceeding £10 toward8 the assets of thè thadty in the evenl of liquldallon. Tha aLldre55 of ils roglstered offlce 68.. Sl Boniface House Ashburton Dovon TQ13 7JL 2 Accounllng pollcl summary ol•lgnlflc•nt •ccountlng pollclm and k•y accountlng Mtlmats• The prlncipal accounling polSrAes applied In the preparation of thos8 flnandal statements are 881 out bel. The pollciès hove bgen con8181enlly appJi8d to all the years pre86nl8d, unle88 othe1 staled. 8tst•m•nt of complianco The financial 8lal&menl8 havo bogn prepared in a¢xordanc8 wllh Ac¢ounllr*g and Reportlng by Charilles.. Slalemenl of Recommended Practice (applicable lo tharities preparing their accounts In accordance wlth th8 Flnanclal Reporting Slandard 8ppllcable i) the UK and Republic of Irelanij IFRS 1021) li$8ued in October 2019) - (Charities SORP {FRS 10211, the Financial Reportlng Stand8rd gpplicable In tho UK and Republlc of Ireland IFRS 102) and Ihfr Comp8nl•8 Act 2000. B••l• of pr•par•tlon Catholic Chlldr8n8 Sodety (Plymouth) meets the definltion of 8 public b8nefil enllly under FRS 102. Ass818 and Ilabllitles are Inlllally recognisod 81 hislorfcal co81 or Iran8actIon v8lu• unle88 Othen¥l8e Slated in Ihg rg1gV8nt accounting policy note8. Golng ¢onc•m The trustees consldér that there are no material uncertainlles about the charity8 abillty to connu? as going concem nor any 81gnlficanl areas of unrtaInty that affect tho Carrying value of asse18 held by the charrty. Incom• and •ndowments All income is recognised once the charity has antltlement to the ints)m8. It +5 Pfob8ble that the Inme wlll bè re1¥0d 8nd the amount of the income receNable can bg measured reliably. Page 18
Catholic Childrnns Society (Plymouth) Note8 to the Financial Statemonts for the Year Ended 31 Decamber 2024 Donations andl•gacl•s Don81ion8 are recognisgd when the charity ha8 been notrfd in wrthng of both the amount and settlement date. In the event that a donation Is subject lo condlllon8 that require a level of perfomiance by the chartty before the charity Is ented lo the funds, thè income is deferred and not Tecognlsed unlil ellher those conditions are fully met. or th8 lulfilment ol those conditions Is wholly wthin the control of thè charity and it is probable that these conditn6 will be fumtlled in tho reporting p81iod. Gr•nts rncelv•bl• Grants recogniBed wh8n the charlty has an enUll8menl lo the fvnds and any condthin8 Ilnk8d lo the grants have been mat. Where perfomance conditions arg attached lo Iha grant and are y&t to be mel. the income18 recognlsed 86 a Ilobility ond inclu(Jed on the balanc8 8h881 as def8rred Income lo b8 rolea88¢1. Inv•slm•nt In¢omo Dividends are recDqn18ed onc8 th8 dlvidend has been declared and nollficatson has been recefved of the diwdend due. Expenditur• All expendrture 18 r8cogni8ed onco th8r8 1$ a 18981 or nStruatIVe oblSgation lo that expendllure, 1118 probgb18 89ttlemenl 18 required Ind the amount can be measur8d reliably. All cosls are allocated lo the appllcable èxpendituro h9adlng that aggregate slmijar cL1818 lo th91 category. Wh8r8 costs cannot be directly attributèd lo particu18r headin98 th8y have been allocated on a basi8 consislenl with the u69 of r880urces, wlth central staff co818 alkjcated on the basis ol time spent, and depreGlalion charge8 allo¢algd on the portlon of the a$$el's uso. Other 8UPPOrt C0818 8re altocaled b888d on the spread of staff co318. Raljlnq funds These are cos1$ Incurred in attracting voluntary income, the rnanag•menl of Inve8tmenl8 and tho88 incurred in tr8dlng activities that raise funds. Ch•rlt•ble •¢tlvl¢l•$ Charitable exp8ndllure comprf88S thoBe c08ts Incurred by the charfty In the delfvery of bt8 8Ctlvltles and seTr*ce8 for ils beneficiaries. 11 indud88 both costs Ihal can b8 albcatad dlrectly lo $u¢h 8ctlvlUe8 and those costs of an Indlract nature necessary to 8UPPOrt Iham. Support co•ts Support C0818 Include central functlons and have be8n allocated lo activity cost categories on B basis consistenl with th8 use of resources. for exampla, alloGallng property costs by floor area6, or per caplta, stBff cost8 by the tlme sp8nl and other costs by thelr usage. P8ge 19
Cathollc Childrans So¢i•ty (Plymouth) Notes to the Financial Statsments for tho Year Ended 31 December 2024 Taxation The charity is consldered to pass th• lesls sel out in Paragraph 1 Sch8dulo 6 of the Flnance Act 2010 and ther&fore 11 meets the definllion of a charitable company for UK corporation lax purpos•s. Accordingly, thg tharity Is potenlialty exempl from laxalion In respect of incoffl8 or caprtal gains received wilhln c81egories covarèd by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Secllon 256 of the Taxation of Chargeable Ggins Act 1992, to the èxlenl th81 such in¢om• or gwn8 are 8ppli8d exdusively lo chaT((abl8 purpose8. Tangible flx•d a8••t* IndNidual fixed assets costlng £O.C(l or moro are Inlll<y r8corde¢J al c08t. 1088 any 8ub8equenl ao¢umulaled depreciBtson and 8ub88quenl aUMUlated impsimient losses. D•pr•¢latlon and amortl8lltloD Depreclab'on 18 provlded on tangible fixed 888ets so 88 to wrile off th8 cost or valuauon, 18s8 any 6slimaled resldual value, ¢)ver Iholr expected useful economlc Ilfe as follN8.' AM•t cla•s Electrical equlpmenl Other equlpment Ilncluding collectlon boxe81 D•pM¢l•tlon mèthod and rnts 20Vg reduolng balanca 20Vo resjuclng balanco Flxgd a••ot Investmonts Fixed assel Inveslmenls, other than programm8 relAle(l inve8lmenl8, are Induded al market valu8 81 the balance sheat dale. Realised gains and Ioss86 on Invostmenls arg calculated 88 the dlfferencè beeen so1&8 proceeds and their market value al the Start of tha year, or their 5ub8equent cosl. and org charged or Gredlled lo the Staternent of Financlal Acllvltie8 In thè period of dl$po881. Unre81Ssed galns and 108S98 represent ihe m¢)voment in market valuè8 durlng th8 year and are odhed or tharggd lo Stalemenl of Flnandal Advlllets b88ed the market value al the year ond. Cash and Qh •qulv•l•nt• Cash and c9sh equival8nts ¢omprl8e cash on hand and call deposlls, and other 8hort-t8m7 highly Ilquxl Inve8lmonls Ih8t ale r8adily converts'ble lo a known 4rnount of cash and are 8ubl8ct to an In81gnificant ri8k of change in value. eorrowln Inl8resl-be8rfng borrowlng8 are Inftlally r8cord8d at falr value, nel of trgn88ction costs. IntsTesl-bearing borrowings are $ub8equenlly carried Bt amortisod 91. wlth thè difference bett¥een the Proceeds, nel of transaction costs, and Ihg amount due on redemption belng r8cogni8ed a8 a charge lo the Stalernenl of Fbnanoal AdvStl•s over the PBriTrJ of the relevant borrowing. Inler8sI expense is recognised on th8 basis of thè effective interest method arKi 18 Included in Intere81 payabl8 and simllar tharge$. Borrowings are cl855ified as current liabilib'es unles5 the charity has an unconditv3nal right to dafer settlement of the liability for at18881 e1ve months aft8r the reporting date. Page 20
Cathollc Childrnn8 Society (Plymouth) Notes to thè Financial Statements for the Year Ended 31 December 2024 Fund structuye Unrestricted Income frjnds are gan8ral lund5 that are availabb for use al th8 trustees dlscrellon In furtherance of the objoctlves of the charlty. 088ignaled fiJnd8 are unre$tricte(I fund8 Sel as8 for spocific purpo8e8 at tho di6uetion of the truslaes. R8slrfcte(l income fund8 are those donated for usè in a particular aiea or for speafic purpose8, the use of whSch1s restrfct8d to that area or purpo89. Flnantiil In•trumonts Cl•4lfk•lion Finandal assets and fln8ndal liabillUe8 are recoanl8ed when the chorty become8 8 party lo the ntractugl proS1on3 of the in81rum8nt. Finanaal IlabllllleB and gquily Inslrtsments are da8$ffled acts)rdlng to the sub8t8nco of Ihe corthctu81 aangemnIS onlered into. An equty In81rumenl IB any conlracl that 8vtdenceB a r96iduo1 Inlere8t In thè a¥sels of charlty after deductlng all of its li8billlles. R•¢ognlllon •nd me•surnnF8nt All fi'nanrAal assel$ and liabilitle$ are Inltlally measurèd at transactton pdc8 Ilncludlng Iron$8¢tlon Coslsl. except for those ffinancial assets dassified as al fair value through profll or loss, whlch are inltl8lly mea8ur&d al falr value Iwhlch is ncm8lly the transaction price excluding Iransgction costs), unless the arrangement conslilules a flnancing transactlon. 11 an arrangement conslilutes a flnandno tr8nsaolSon, the financSal 8$sel or financial liability Is mta8urod at the PTe6enl value of the future payments discounted al a maiket rBle of Inl8resl for a slrnllar debt Inslrumenl. Flnancl81 a58ets and liabllitle8 are only offset In the 8lalemgnl ol Ilnand81 POBhlon whgn, and only when there exists a legally 8nforceable rtght to set off the wognised amounts and the charty intend8 either 10 8ettle on a nel ba6is, or to r88lise the a8sel and 88tt1g Ihe1Sablllty 8imuttaneouBIy. Finandal a888ls are derecognl88d when and onty when 8) the contractual rtgh18 to the cash flows from the fin8nc4al asset 8xpiro or aro 88ttled, bl the ohaity Iran8fer8 to another paty 8ub81antlally all of th& risks and reward8 of ownership of thg fln8nclal a$s81, or cl th8 charity. despi18 having retained some, but not all. 8ignirtant risks and rew8rds of nerShiP, has transferred control of the asset lo anolhgr party. Flnancl81 Ilabllitb85 are deracogn18ed only when the obllg81*Jn speofiad In the conlrnca is discharged. cancelled or expSre8. P8ge 21
Cathollc Chlldrons Socioty (Plymouth) Notes to the Flnanclal Statements for th• Year Endod 31 Decembor 2024 Debt instrum•nts Debt instrumen16 whlch meet the followirvJ condltlons are 8ub8equenUy measured at amorti8ed cost using the effectlve intsre81 method.. Debt in$lrumgnls that are dass6fied as p8y8ble or recelvable wilhin one year on inllial rewnthon and whjch meet the above conditions are measured at the undiscounted amount of the ISh or other conslderalion expected lo be paid or rec&ivèd, nel of Impairfflenl. Wlth tho exception of some hedglng Instrumonl8, Other dobl In81Nm8nts not meetlng th98e Qondlllons aro measurad al falr valuè IhroLTrgh proffil or1088. Commilm8nls lo make and recefve loans whkh meet the condlllons m8nlionad atove are me48urod 8t Q081 Iwhlch may be nil) les$ impairm•nt. Inv•8tm•nts Investment5 In non-convertlble preferenc8 sttares an¢J non-puttable ordlnory or prefofgnce shares (where share8 are publicty Ifaded or Iholr falr valuo 18 reliably measurabl8) ar8 mo88ured at f8lr value through profit or 1086. Where falr value conmt bg me88ur8d rellably. Inv•Blmènts aro measureil 81 CO81 less Impalrmenl. Inv08tment8 In wbsldlarle8 and a880clale8 arè me88ured al cost less impalment. For Investments 8ubsidiaries acgulred for oJn8lderatlon Indudlng thè 188U8 of shares qualityng for merger reliel, c08t 18 m8asured by raferenco lo th8 nominal value of th8 Shares Issued plus tslr value of olh•r conslderatson. Any premium Is Sgrbored. Page 22
Catholic Chlldren$ Society (Plymouth) Not88 to the Financlal Statsments for th• Year Endod 31 Decembor 2024 3 Inc¢Kn• from don•tionB and l•gaclos UnrvJtrl¢tsd fund8 G•n•rnl R••trl¢t•d fund• Totsl 2024 Donatlons and1ggad88', Legaues and bequests Appeals and d(atIonS Donat*)n$- Patchwork Don81ions- Fundrai8lng Crib offaring8 Gtants. Sncludlng capltal 9rants', Grènls- Fundraising DI088n collection$ - Fundral8lng 8,192 20,254 1,500 22,510 8.781 8,192 20.254 1,5 22,510 8,781 5,620 20,330 38,000 41,820 20.330 38.000 123.187 Unr••trl¢tsd nd• G•n•rnl R••trlct•d fund• Total 2023 Donallons and legade8', DonatSon8 - Good shephenl Donalion8- Patchwork Legacle8 Donallons- Ralnbow8 Donallon8 - FuThJr8181ng Crib offerSn9S Grants, Indudlng capttal grants., Grants. Fundralsing Dloce8on coilec4ion8- FuThlraislng 726 1,5C 41,439 587 40.422 8,752 728 1,500 41.439 587 60,422 6,752 20.000 24,4C 24.400 131235 151235 Page 23
Cathollc Childrens Society (Plymouth) Notes to thè Financial Statsments for tho Year Ended 31 December 2024 4 Inv•slJnont Incom• Unr••trl¢tsd funds G•n•ral Total 2024 Total 2023 Intèrest recolvable and 8lmllar Income., Interest receivabl& tsn bank daposlls Other Income from tixed 488et inve8tments 1,727 4.553 1.727 4,553 528 3,359 3,887 6,280 6.280 S ExpendIrn on rnl•lna fund• •) EwndRur• on r•l•lTrg fund• Unrn•trlct•d fund• G•n•rnl Total 2024 Total 2023 Don8tlon8 Inve8tmenl man8gem•nt costs 24,441 1.454 24,441 1,454 21,$00 678 25,895 Page 24
Catholic Childrens Soclety (Plymouth) Not•s to tho Financlal Ststsments for the Year Ended 31 December 2024 6 Total oxp•ndlture Acllvlty undertaken dlr•¢ Activity Support co•t• 2024 2023 Patchwork Famlly Support Project Dlrect grant fundlng of Indiwduals and other Instlullonf Ralnbows Fundr8iBlng InStMent managers cos18 Indlrect 8UPPOrt costs 20,039 10,145 30,184 27.957 42.974 822 24.487 1,455 3,316 42.974 822 38.854 1,455 31.329 1,394 12,387 679 6.880 2.415 93.073 24,947 118.020 98,887 7 Oth•r •xp•ndllur• Unrn•trlctod lund• DMlgnat•d Totsl 2024 Total 2023 Dopredallon, amortlBallon And other slmlLar c0818 457 457 873 457 457 673 P89e 25
Cathollc Childrens Socloty {Plymouth) Notes to the Flnancial Statements for the Year Ended 31 Oecembor 2024 8 Analysb ol •upport cost• Support co•t• allocatsd to r•hlng funds other •upport Costs Total 2024 Total 2023 Accountancy fee8- Ind•pèndenl gxamlnatlon AnIanCY fe8y. other work Co#1 of Irusl88s expen5e8 Admlnlslrallve 8UPPOrt cos18 Other support Costs Co815 of g9nerallng voluntary Income P8tchwLvk ch•ritabl8 exp8ndlture 1,100 2,800 181 578 1.100 2.800 161 578 1,000 2,755 549 825 1,951 8,034 7.928 10,183 10.145 10.183 10,145 24,947 24.947 23.442 g N•1 Incomlngloutgolng r••ourG•• Ngt Incomlng re8ourc8B for the year Indude: 2024 2023 D8pr8datlon of fixed a88èt8 457 673 Page 28
Catholic Chlldrens Soclety (Plymouth) Notes to the Financlal Ststsment8 for thè Year Endèd 31 December 2024 10 Sl•ff colts The 8ggr8gale pa1 u)st8 were as follows.. 2024 2023 Stsff co•ts durlng th• yr w•rn: WaS and 8alarfes Pen8k>n oost8 51.101 5.735 48.718 5.459 58.836 54.177 The monthly aver8g8 numbw of l80n$ Ondudlng Sgnlor managèmant I1gadÈr8hlp tsaml employed by the tharfty dur6rvJ tho year wa8 as folloN3'. 2024 No 2023 Empknyg96 No employee recelv8d emoluments of more than £80.TrJO durfno the year. 11 Taxatlon The ch8rtiy18 8 r8gl8ter•d tharity ond18 therèfore 9Mpl frorn laxBllon. 12 Tanglbh flx•d •u•ts and •qulpm•nt Total Co•t Al 1 January 2024 Addllions 10.224 10,224 69S Al 31 0ecèmb8r 2024 10.920 10,920 D•prncl•llon At 1 January 2024 Charge for th8 y68r At 31 Decemb•r 2024 8,599 457 8,599 457 9,056 9,056 M•1 book valuo At 31 Decembgr 2024 1,884 1.884 Al 31 December 2023 1,825 1,625 Page 27
Catholic Childrnn$ Society (Plymouth) Notes to the Financlal Statements for the Yoar Ended 31 December 2024 13 Flx•d a•••t inv••bmoftts 2024 2023 Other Inv88tm8rbts 200,708 192,480 Oth•r Invo•lm•nt• Llstsd Invt•lrnents Total Colt Of Valultlon Al 1 January 2024 Addiltons Di8po$als Al 31 Dec•mb8r 2024 192,480 83,550 5,322 1V2,480 83.550 75,322 2CQ,708 2C(1.708 t book v•lu• Al 31 Decembor 2024 200,708 200,708 Al 31 December 2023 192,480 192.480 14 D•btorn 2024 2023 Accrued Income 798 4,502 fs Ca•h and ca•h •qulv•l•nts 2024 2023 Cash at bank 79.447 69,512 16 Crndltorn: •mounts falllng du• wlthln on• ymr 2024 2023 Other credllors Accruals 1,239 2,014 6,648 8,662 6,782 Page 28
Catholic Childrens Society (Plymouth> Not•8 to tha Flnancial Ststements for tho Year Ended 31 December 2024 17 Fund8 Blan¢• Oth•r Bal•nce r•coynlsed at31 galn•l D•¢omber 2024 January 2024 Incomlng Rgsourc r••ourcM oxp•nded Transf•r• Unr••trlct•d lund• Gwwal General Funds 230,832 93,467 {91,5031 16961 5.129 237,189 DeBlgnat•d Tgnglble fixed a888ts Tru8le8 doslgnaled 1.625 22.000 (457) 696 1,864 22,000 23,625 457 696 23,864 Totsl unrn•trlcted fund 254.457 93,467 192,020) 5,129 261.033 R••trlcted funds Dlrect Grant Fundlng 26,LJrJo 15,000 Total fund• 259,457 129,467 118.020 S.129 276,033 8*lanc• atl January Incomlng Rou•¥ 2023 rMou•• exp•nd•d Oth•r rttognl••d galn•l Dec•mb {IoBB••I 2023 8•lanc• Trnn•ff•rn Unrn•trlct•d fvndi Goneral General Funds 183,128 135,122 183,0141 {9731 16,589 230,832 De$lgnatod Tanglble fixed 888ets Trustee designalgd 1.325 22,0 23,325 18731 973 1.625 22,000 23,625 73 973 Total unr•strSct•d fundB 188,453 135,122 183,687) 18,569 254,457 Restrf¢tsd funds Dlrect Grant Fundlno 20,000 15,000 5,OJO Tot•1 fund• 186,453 155,122 98.687 16,569 259.457 Page 29
Catholic Chlldrens Sociaty {Plymouth) Note8 to the Flnancial Ststsmonts for the Year Ended 31 December 2024 The specific purpose& forwhich the lunds are to be applied ar8 as follow8.. i) The net book amounts of unreslrlcted funds invgslgd in tsnglble ftx&d assets lill Detall8 of the Pat¢hwtsrk Famity Support Project are explained in th8 Trustees Report. In 2011 the TnJsl8e$ declded lo deslgnat& funds to Becure the lulure of the Patchwork family support project, consequ8ntly a Iransf8r amountlng to a further ye8r8 annual expenses was m8de from the gener81 fund lo cover 2014 and 2015. It also includes incoming r8sour¢es Sn the form of donatlon8 from particlpants of Palchworft course8. (Th8 equlpment U8ed for thè projed Is Included in the T8ngibl8 Fixed Ass&ts Fund). (illl Th& nel surpluslldeficit) 8ft8r transfers to tho designated fund8 represents. If In surplus. fvnds avallable for u8e al the discrallon of th8 Directors to further expand the a¢lIVo$ of thè Socièty. Ilvl Grants or donations ie¢eSved wlth re8lrfctlons ovèr Ihalr u8e. 18 An*ly•l• ol net ••••t• b•tw••n fund• Total fund• at31 D•¢8mb•r 2024 Unrn•trfctsd fund¥ G•n•rAI D•4blgn#tod R••trlct•d fund• Tgnglblg fixed a888ts Flxed 888è1 investmen18 Currgnl assots Current IlabOlllle$ 1,864 1,864 2CQ,708 80.243 8,7821 278,033 200.708 85,243 6,782 259,169 16,(x)J Totsl net 088ets 1.864 15,000 Tot•1 fund• at31 D•c•mbor 2023 Unrn•trlctgd fund• G•n•rnl D••lgnit•d RMtrl¢t•d lund• Tangib18 flxed assets Flxed as881 Inveslrnent8 Current assa18 cuan1 Ilabllllies 1,825 1.825 192,480 74,014 8,662 192.480 89,014 8.662 5,000 Tot41 n8t assets 252,832 1.625 5,0 259,457 Pag9 30
Catholic Chlldrens Society (Plymouth) Notes to the Flnanclal Statements for the Year Endod 31 Docember 2024 19 Rèl*ted party tramactlons During tho year the dwrity mado the followlno related paty transactlon8'. Nemher thè Trustee Dlmctors nor any per8on8 connected with Ihem recefve any form of remunwatlon olher than r8imbursem8nt al a frxed rale per milo for motor car tra1 and for other 8xpense8 Incurred In the course of Ihelr duties as Trustee Oirgclors. The entillemant was exerclsed by 4 Tru$lg9 Oirectors {2023.'61. The Trustee Directors were relmbursed £252 for expenses during the y8ar12023'. £5491. Total costs of £2,395 were pald to th8 Diocesan Trust whith wo8 m8¢Je up of the following.. £i,C0 lo Ptymoulh DioceBan Trust12023' £1,000} for bookk8eping and adminlstrative Support. The remalnder of the c¥518 were pald for gener81 u80 of the admln co818 as 8upplied by the DIoc08e. No grants were given to the 0Soce88 durirwJ the 1.. At the balance Bheel dat8 the amount due from was £64812023- £2,448). Pagg 31