Charity registratlon numbèr 285337 Company roglstratlon number 01648903 (England and Waltsl CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARGH 2025 CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK LEGAL AND ADMINISTRATIVE INFORMATION President The Lord Bishop of Chichester, The Rl Revd Dr Martin Warner MA PhD Trustees Mrs S D Phillips Dr T Fooks- Vice Chaimian Dr J Baah Mis G Siggs Rev D J King E R Bicker$teth_ Chairman Mr L Clark evd Lanon A J Woodward Lady S M Soames Mrs M E Symes IAppointgd 25 July 20241 (Appointed 25 July 20241 (Appointed 25 July 20241 (Appointed 25 July 20241 (Appointed 19 Seplembei 20241 Secretary Mr M T Aulon-Lloyd Charity number 285337 Company number 01648903 Principal address Garton House 22 Stanford Avenue Brighton BN16AA Registered office Garttsn House 22 Stanford Avenue Bri9hlon BN16AA Independent oxaminor Carpenter Box Amelia House Cie5cenl Road Worthiftg Wesl Sussex BN11 IRL Bankers Barclays Bank PLC PO Box 2915 Brighton East Sussex BN1 1SJ Solicitors Dean Wilson LLP Ridgeland HniJ.f the Companies Act 2006, piesenl their report ¥vith the finantsi81 glatcment- of thc charity for the ye2r èndèd 31 March 2025. Included within this report is the Iruslees, report and directois, report as required by company18W. The financial statements have been prepared in accordance with the accounlino policies Sel out in note 1 lo the financial slalemenls and ¢omply wilh the asso¢ialion's governing document. the Companies Act 2006 alld Accounting and Reporting by Charities". Statement of RecommAnrlp.d Pr2r.tirTr. 2pplicablg lo chaiilies preparing their aeeounls in accordance with the Finanaal Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 1021 leffeb-tive 1 January 20191" Objective5 and activities The Mcmorandum of AÈtroei2tion sats out our objgctiv@$ for tho public benefit:_ to support families, individuals and 9roiips within thp. rnmmLJnity who gre in need by reason ol financial hardship, ill heallh, disability or slies51 Family Support Woik'l. lo promote the ielief and care of children in need. lo advanco Chrislianily by family sUPPOrt work and the welfare of Ihe community. The principal adivily of the Association is to sUPPOrt families across the Chichester Dio¢ese who are struggling. This 18 carried out by a team of professionally qualified Family Support Prxr.litinnp.r% IF.%PI (Social Workérs, Health Visitors, Early Help Workers and Teachers) who offer inlen51ve sUPPOrt to the famity, either 85 8 whole or as individuals. 121 131 The aim of the support is to en8ble the lamily to ovcrwme lh¢ challenges they face $0 that Ihay b&com8 Strongor both as individuals and as a family unit, helping them lo become less chaolic. As the farnily and the individuals siart to contribule lo their local cotHttiuiiily iri a positive ai)d pioactive way, the benefit of our seNice5 Starts to impact on the public purse by reducing the need for support from slatulory agencies. As Ihe threshold for access to specialist slalutory services lor families iemains high, we continue to see a growlh In tamilies with cornplex needs applying to FSW. FSWS services are free lo the family and time-unlimited allowing a family time to grow whilst being supported. Alongside the work of the FSPS, we offèr activities including after school clubs. targeted dropins, holiday activities and lun days. These. (iff?r families opportunities lo find support, develop friendships with like- minded people with the potential lo create inftsimal support networks amongst Ihtr families. FSVV iuns its own dedicated food bank, which gives practical support lo families lo help improve d*1, fInan￿S and cookery skills within the family. FSW also supports families by securing grants for white goods. school uniform5 and fuel cosls. Our Ethos Having been established by member3 of Chichester Diocese in 1890 we embra¢c our Christian heiilage and adhere lo the principles ol Chrislianily lo show love, compassion, and support to Ihose who need il most. This is carried oul by actions demonstratirig the Christian faith whilst proudly offerlng our seMce5 to people of all fdi111s and none. ￿11$¢ we operate under the Christian ethos we do not prosetytise. Publi¢ benefit The Trustees receive reports al ea¢h board rneeling. whi¢h illuslrale the positive impact the a¢bvilies have on both the families and the wider public. The Truslees also review the publi¢ benefit ol the work ol FSW in line wtlh the Charity Commission guidance. The inipacl FSWS work has with the families has direct. bul not always obvious, bgnefits to th8 wid81 public. In the first Instance, as we see parents retiirn In wnrk thg¥rg is a rpdijr.linn in benefit payments lo the family., a child who has additional educational needs rnay become less disruptive i School because of support reGeived. The FSP5 have worked with lamilics and reduced the need for child protection plans or lo lake children into care, so again the associated costs of either short or long-lerm care for Ihe children have been avoideo giving a saving to the publlc purse. Our long-ierm support, which can be foi an unliiTiiled lime, is aimed at supporting families with complex need5 to be a¢tive in their local community and enable them lo conlribLJle to the best of their ability. CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Historic activities Tha Trugloès and CEO are awarp. of thp. hiqlnric. work by the A8soc.i8linn Tn thp fip.IA nf Arlnptinn mnlhg.r An baby homes. When w8 réc8ivÈ information requests, we support the individuals lo the best ol our ability. The only help wc can giv¢ is how lo a¢¢¢ss the correct ￿erVICeS for the relevant records as FSW was required to deposit all records relating lo this work with the East Sussex County Council adoption learn in 1985 when FSW closed Ihe adoptlon servl¢e. The last mother and baby home closed in 1974 when it beL&ime il horrie foi homele55 mothers and their children. The truÈtèès hsvè paid duè ragard to guidanco issuod by thè Charity Commission in dg¢iding wh9t a¢tivi11g8 th9 association should undertake. Achievements and performance As the challenges facino farnilies and difficulties in gaining supptsrt for a family from the statutory agencies continuos FSW has seoTI an even graalar dèmand tsn tsur Sorvices in this finanaal y82r. Th& increase in tha number ol families that FSW supports wilh dire¢l 1-1 help from our professional staff, backed wilh the work of our vulurilger learri Iidb sjruwn lu 816 f&llTTrilies Ildbl yE of stability is a great encouragement. 11 also demonstrates the combination of practical sUPPOrt coupled with the support ol professional staff enables FSW lo foster la51ing changes lo a larnily. Vvith 55 /0 of parents reporting a positive increase in their sense ol wellbeinq empowering them lo take more conlrol ol their lives, whid) has a lasting b•n8fit for thè families. This strengthening of parents leads to a stronger family that bec(*nes more resilient and able lo cope with the challenges th8y fac8. Combining the parental wellbeing alongside the growth in families we see a str6nglhtning of 30CI81 n&lwork8 underpins the FSW aim lo help families become stronger. A healthy social network allows parents lo develop thelr own support network that in lum upholds them when the challenges of family life are high. The impiovement of supporting children in education is also a great slep forward. The high number ol referrals lor ￿￿catIonal reasons lo our service demonstrates that we are a trusted organisalion that can have a positive impact with the families. The fact that 55/0 of our families believe that the educationa1 needs of their ohildren are being addressed once we become involved shows how our support as a third party can make a differen¢e in an eduealional 8?tling. This last area ol our work is one that impscts rnost on the wider soeiely as we work with parents, schools and children to ensuie that their needs are met. To see children achieve the best ￿al they can within an educational setting is not only good lor the Ghild and family bul a150 the wider so¢iety. AS children progress and develop skills that will further support them into adulthood our woik has a long-teim lasting impact. Uur Vractitioners work with professionals from many olher agencies and Services and thi5 joint working has benefils, lor not just the families, but the other agencies too, we all play lo our strengths with the aim ol empowering the families. CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 OUTCOMES 2024-2025 IMPHUVEMENTS IN bUPPORIING CHILDIIEN'S EOUCATION YIARENTS ABILITY ro MANA(4E AND SET BOUNDARIES //.. SOCIAL NETWORK ECONOMIC STABILITY PARENTAL WELLBEING l(Wb 2U¥b 4UYb bQ¥b 60Y ID Rlslng nèed The waiting li3ts that FSW holds ore growing although we ¢an normally move families on lo the relevant Practitioners Caseload within four lo five months. During the pertod of waiting, we maintain contact with the familie5. The waiting list oontsct is maintained not only to ensure that they are still in need of cMJr suppori but lo enable FSW lo sign post lo other organisalions should the family's situation deleriorale before we (zn offer direct support. During the year over 280 farnilies Spent lirne on the wailing list and al the 31st of March the number stood at 43, with most families being seen by a P¥aclilioner within three months DI being refer￿d to FSW. Volunteers The impact ol the volunteer coordinators can be seen in the Tistr of volunteer hours with over 5,450 voluntary hoiJr% given dijring Ihp year. the equivalent of 3ddilion812.8 full time emplc>yees We have seen a growth in volunteers with 209 individuals volunteering supporting our families al events, with 1-1 support, the food bank as well E)8 fundraising 8nd volunteering in th¢ shop in Ea$lbourne. In addition to thi5 our network of Deanery omrnitt8es and lo¢al supporter groups comprise a further 168 individuals whts freely give their time. staff training During the year all the practitioners have undergone safeguarding training, in the form of refresher courses lookino al the needs ol both children and vulnèrable adults. Our routine training available lo all staff included, food safety and hygiene level 2. emergency first aid at work, diversity training, and effective supervision. The ftrilowing training was avai12ble to The Pra¢titionèr team.. child neglect, onling safely lor familigs, understanding ASD. tr8ining lo understand & raise awareness of sexual exploilalion, anti-bullying training, connective parenting. ADHA awarene88 & support, Cruise B¢reavem¢nl counsellin9, understanding sell-harming, Sensory storytelling, energy essentials, child against parent aggression, domestic abuse awareness, and th8 Use ol Vol￿ and lone and its impact on tirain development. Fundraising The income streams varied over the course of the year with all sO￿rCeS showing growth in thè èarly part af Ihg year. Our grant lunding now stands at the highest level we have ever ach1eved. This recognises the value other organisations pul on our work. Incame frcim individiJal8 held ijp 21 Ihp %12rl af Ihp. ypxr tbut our tllajor campaign corrbating fuel and childhood poverty was not a success this year. Whilst we knc>w ihal was a dire¢l re5uII ol the change in government policy regarding winter fuel p8yment3 and not necess8rily the lack of supptsrt for Ftrw we need to identify new way5 01 engaging people. CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Our legacy income, whilst unpredictabl8 was strong in this financial year with a singlè lègacy of £50,000 being Our income from the Churehes in the Diocese remain strong against a backdrop of change in the Diocesan Funding both to individual churGhes and to FSW, with our Oiocesan grant being cul by £35,000. Like all charities we have seen an signili¢ant redvGlion this year on our giving from individuals and are looking al how wo 5UStain our services against the backdrop ol harder fiscal times. Flnanclal review After several years of strong growth FSW has had a more difficult year in 2024125. Our income for the first nine onths of the year was ot a level that indicated we were on track to equal the income of the previous year howovor in tho last throo monlhg of thg ygar evgry incomg Stroam gxcept grants took a downward turn. However, al the end ol the year our liquid asstrts stood at £413,102. The trustees have already started lo address ihis al the end of the financial year lo ensure that the Association remains a viable orgafti5ation going into the future. Th¢ budg¢t for th¢ y¢ar 2024125 in¢ludod th¢ plann¢d -pcndin9 of kjomc of thc rcstriclcd fund- Bell Hostel fund, all our reslricled fund was given lo enable the work and not lo generate incorne. ex￿p1 for tho Currently the Trustees have planned lor a delicil budget again in 2025126 as we have restricted funds available to fully suppoit 6 of oui LUll*SlIt pi-vjeils. Howevei, tliis is the filia1 year iii which this can be carried out and fi-om April 2026 balanced budgets will be required. The trustees were satisfied that there had been little change on the property market in Brighton Sin￿ the revaluation of Gart(>n House in 2024. The M&G Charifund investment gained £14,000 over the year. The trustees ar¢ satisfied at tho end ol the year thal theAssociation is a going concern. ReseNes policy The Association aims to hold six months running ¢osts as its r¢serw& fund, which currently is c£675k. Total reserves were 11,56Y,111¥ split as L4Ub,1Y6 restricled and 11,1I53,É522 unrestricted. Note thal lotal reserves includes land and buildings with a carry&ng value in the accounts of £1,300,000. therefore leaving liquid ieserves of £269.818. Rlsk managèmènt The maln rlsk to the assoclatlon, as wlth all voluntary fundeo organisations is, the loss ol income. To mitigate this, the Board continues to seek new income streams and develop new strong partnerships with other organisalions to support our work. The CEO continues to monitor th8 income and spending along with the Treasurer. A Financial Sub Committee ol the Board adds an additional layer of scrutiny lo the financial operations of the Association. Careful monitoring of the process is maintained lo ensure compliance. Working with farnilies hos in itself a range of risks. The safeguarding policés ol the association were subject to an external examination and minor amendments were made. The Safeguardirig Committe8 revi8W the policies on a reguSar basis and make recommendations lo the Board. Repulalional Risk. A5 Wlth any Servi￿ such as that ol the association, there is always a risk of repulational damage. We maintain a - -trong ethos of training lor slaft working directly with familie5 to ensure that they 3re working in line with current legislation and the relevant profe55ional standards body's best practice guidanGO. Over-5ubscription lo our services is a further reputalional risk. The association has always been recognised as a reliable service, however the new need for waiting lists could hamper this. The Director ol Services is monitoring this closely, and we will look in Ihe coming year al how we can increase capacity wilhoul diluting the professional service. CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Futur8 plans Th@ futuro plans of the Association 2rg undér corigiderstion. The eurrénl Ètonomic and political climate has resulted in FSW reviewing its five-year plan to ensure that it is flexible and can be adapted to rèspond swiftly lo the Sudden ch8nges in the voluntary sector. The Trustees had reviewed a plan to look to dcvclop furthcr funding to sustain the current level ol work, however this is now under review as thè impacl ol the last three months of Ihe financlal year 2024125 Is assessed. Structure. governancè and management The a550Gialion is a company liniited by guarantee, registered in England and governed by ils Memorandum and Articles of Association. The Merrorandum and Articles olAssDcialions were amended on 16 July 2015. These came into effect al the 2015 AGM on 3 October 2015. Company number 01648903 Charity number 285337 The Iruslees, who are also the directors for the purpose of company law, and who seNed during the year and up to the ijate of signature of the finanLi&I bldleineiilb were-. Mrs A Heath - Chairman Mr P Baker- Hon Treasurer Mrs S D Phillips Mrs L J Lynn Dr T Fooks- VI￿ Chairman Mrs C F Lucas Dr J Baah Mrs G Siggs Rev D J King Mr E R 6iGkersteth - Chairman Mr L Clark Revd Canon A J Woodward Lady S M Soame= Mrs M E Symes IRÈsignéd 25 July 20241 IR05igned 25 July 20241 IReswJned 25 July 20241 (Restgned 12 April 20241 IAppoirtt6d 25 July 20241 (Appointed 25 July 20241 (Appointed 25 July 20241 (Appoirttod 25 July 20241 (Appointed 19 September 20241 Thp dirp.r.*nr£ nf IhB. r.hAritAhlp. p.nmpsTrny arA Al.¢(J thA tniqlK>A* t)f thp. e.hxrily *nd Arp dèqionalpd 'lhp Bn2rd cjl Tru5te8s" The chairman is ntsminated by the Right Reverend the Lord Bishop of Chichester, the Chichesler Dioccsan Fund and Board of Finance Ilncorporaledl nomin31es one trustee and a furthor eight aro èlected by tho Board of Trustees and ralilied by the members ol Ih8A5$0¢iation piesent at the AGM. The 8oard ol Truslees delegates the day-t&day management ol the charity lo the CEO, Mr M T Aulon-Lloyd. Investments policy The Truste95 Of FSW ar8 aw8re ol their long-term responsibilities to maximise income tor the benetit ol ihe Association's work with families. whilst proteolin9 the value of the capilal lor the long-teim lulure ol the chaiity, and wilhoul taking undue risks. The Tru51ees operate an ethica1 investment policy, which in line with the Diocese nf r.hip.h6*qlpr rnnsidp.rq thA giiidAnr.A nf Ihp f.hiJrr.h nf EnglAnd'8 Ethir.al Invpslmenl Adviqary GroLJP IEIAGI. unless there are exceptional ieasons for not so doing. The ethical inve51rnent policies recomrnended by the EIAG are the basis for a dislinclly Christian approach to Invesirnent. Therefore. the trustees, in line witli IIIB yuitJ8A fin2nr.ial qlatpmgnts h2ve beèn prèp8rÈd in accordance with the provisions applicable lo companies subjecl to the small companies regime. The members have not required the company to obtain an audit ol lis financial slalernenls lor the year in question in accordance with 5eGlion 476. Th fina cial Statements were approved by the Trustees on 202S Mr E R Bickersleth- Chairman Trustèè Company Reglstratlon No. 01648903 CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Nota25 Cash flows from operating activlt185 Cash labsorbod byllgonorgtod from operations 24 1300,3541 15,510 Investing activitie5 Purchase ol tangible fixed assets Purchase ol investments Proceeds from disposal of investments Investment income re￿iVed 12,0171 12,1021 1189.8121 39.122 74.993 135,000 74,488 Net cash generated fromllused inl Invastlng activlties 207,4T1 177,T991 Nèt cash used In financlng actlvltles Not decrfrase in cash and cash equivalents 192,8831 162,2891 Cash and cash equivalents at beginning of year 107,805 170,094 Cash and cash equivalents at end of year 14,922 107.805 12- CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity information Chichester DI0￿San Association for Family Support Work Is 8 private company limited by guarantee inemrpnrAl*d in Enolxnd Xnd Wxlp8 Thp rpoi8tprpd rjffirp 18 Garton House. 22 Stanford Avenue. Briuhl¢Jn. BN16AA. 1.1 Accounting convention The lirTrancial slaterretTrt5 havtr been prepared in aword8n¢e with the association's governing document. the CrJmpanip% Arl 2oaA And Arrffjunlino and R?porting by Charities.. Statement of Recommended Practice applieable to tharilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK 8nd Republic of Ir¢l8nd IFRS 1021 leffectivo l January 20101" Th¢ as7900ialion ig Public 86nèfit Entity as defined by FRS 102. The financial statements are prepared in slerlino. which is the functional currency of the association. Monetary amounts ill these Iinaricial slalements are rounded lo the nearest £1. The firTran¢t815tatements have been prepared urnder the historical cost convention, modified to include the revaluation of Ireehold properties and lo Include inveslmenl properties and certain financial Instruments al lair value. The principal accounlino policies adopted are sel out below. 1.2 Going ¢on¢ern The financial statements have been prepared on a going concern basis. The Iruslees have considered relevant information, including the annual budget and the impact ol subsequent events in making their assessment. The balance sheet shows a net current liability position of £139k. Htswever, the trustees closely monitor cash flow and, should the need arise, are able to draw from Iheir investment portfolio to SLPPOrt working Capital r6quirGmonts. Based on these assesstnents and having re9ard lo the r&so(Jr¢tss available to the entity, th¢ trvsl¢e$ hav¢ concluded that thoro is no material uncertainty in relation to the appropriateness ol continuing lo adopt the going concern basis in preparing Ihe annual report and accounts. 1.3 Charltablè funds objectives. Oesignalgd funds eompriso funds which have b88n set asidg at th8 discretion of the trustg8s lor sp8cific purposes. The pijrposes and Ijses of the designated funds are 56t out in the notes to the financial stalemenis. Reslricled funds are subject lo specifiG conditic>ns by donors or grantors as to how they rnay bg vsed. Th8 purposes and uses ol the reslricled funds are sel out in the notes to the financial statements. 1.4 Income Income is ￿CogniSed when the association is leg?Ily entitled lo it after any performance conditions have been mel, the amounts can be measured reliably. and it is probable that income will be receive(S. Incoma from govgrnmonl and othar grant8, whgther '¢api121' grants or 'r8vanua' grants. is recognisad whan ihe charity has entillemenl to the funds. any performance conditions allached lo the grants have been met, il is probable that the in¢om¢ will be received and the amount ¢an be measured reliably and is not deferred. Cash donalions are recognised on receipt. Other donations are recognised once the association has been notified of the donation, unless performance tonditions require deferral of Ihe smounl. Income lax reGoverable in relation to donalions re￿iVed under Gift Aid are recognised al Ihe lime of the donation. Donated goods are rectrgnised when the item is sold. 13 CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policles Icontlnuèdl Legacies are recognised on receipl or otherwise il the a5$0eialion has been notified of an impending distribution, the amount is known. and receipt is expected.11 the amount is not known, thé legacy is trtralèd as a contingent asset. Interest on fiinds held on depnsit 1.5 rPr￿gniSe￿ when rPC￿.￿vahlp IhF* Am()iinl mAx*iJrAd rklixhly 1.5 Expendlture Expenditure is recognised once there is a legal or constructive obligation lo transfer econornic benefit lo a third party, il Is probable that a transfer ol economic benefits will be required in selllement, and the amount ol tho obligalitsn can bo moaÉurod roliably. Expenditure is Gla5sified by aGtivily. The Costs ol ea¢h a¢livity are made up of Ihe total of direct cos13 and shared costs, including supporl costs involved in undertaking each aclivily. Direct costs allribulable lo a single activity are allocated Oirectly lo that activity. bh8re(J COSIS Whicn coniriE)Ute 10 more than one aciiviiy an support costs which are not attribulable lo a sin9le 8Gtivily are apportioned between those activities on a basi5 consislenl with the use ol resources. Central staff costs are allocated on the basis ol time spent. and depreciation charges are allocated on the portion of th8 a55etS US8. Govemance costs Include staff ¢osis Incurred io suppon governance and legal and professlonal fees. The bases on which support costs have been allocated are set out in note 9. 1.6 Tangible fixed assets Tangible fixed assets are initially rneasured at cost and subsequèntly rneasu￿d al cost or valuation. net ol depreciation and any Impairment losses. Freehold prop8rties are subsèquently carried at a revalued amount, being the fair value al the dale of valuation less any subsequ8nt accumulated depreciation and subsequent accumulated impairment losses. Revaluations are made with sufficient regularity lo ensure that the ¢arrying amount does not differ materially from that which would bc dclcmiincd Uoing fair valu¢ at th¢ ¢nd of Ihc reporting pcriod. Thc carying value of freehold properties that would have been recognised had the assets been carried under the cost rnodel would be £iiil 12024 £iiill. Freeliuld prvperlies afe iiot deyrvLialed ii) Iho fiiiancial staleiiieiils as il is the association's policy to maintain these assets in a contillual slate of sound repair. The useful economical life of Garton House is so long and the iesidual value so high that any depreciation would not be material. Depreciation is recognised so as lo write off the cost or valuation ol assets less their residual values over their u¥¥lul Iiveb uii Ilie Ivlluwiiig Freehold land an(5 buildings Fixtures and fitting$ Office equiprnent & computers Motor vehicles Not dtrpr8Gialed 25V. dimini8hing b818nce ba￿13 33.33°1o Straight line basis 25V4 slroighl line basi5 The 9ain or ltrss aii5ing on the disposal of an asset is determined as the difference between the sale proceeds and the carrylng value of the a55et. and 15 recognised in the stalemenl of financial activities. 1.7 Investment properties IrbveslnTreiil pioperty, which is pioperty held to eam rentals andlor for ¢apital apprecialion. is initially recognised al cost. which includes the pur¢hase cost and any directly attributable expenditure. Subsequently il is measureil al lair value al the reportlng end date. The surplus or deticil on revaluation Is recognised In profil or loss. 14 CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Aecountlng pollcles Icontlnuedl 1.8 Fixed asset investments Fixed asset investments are initially measurèd at transaction price excluding transaction costs, and are s¢Jbsequenlly rneasuied al fair valiie gt each repnriing date. fhanoAq in fxir valiift arA rApngn1.￿&d in nfftt incomellexpendilurel lor the year. Tiansa¢lion ¢osls are expensed as incurred. 1.9 Impairment of fixed assets Al each repc>rting end date, the association reviews the carrying amoLJnts of its tangible assets lo determine whether Ihere is any indication that thosè assèts have Suffts￿d an impairment loss. If any su¢h indration exists, the recoverable arnounl ol the asset 15 eslimaled in ord8r to delemine the extent ol the impairment los5 lif any). 1.10 Cash and cash equivalents -h and ¢a-h cquivalcnl- -.t8 held at call with banks. othèr Èhort-tèrm liquid includc cash in hand, depo- investments with original maturities ol three months or less, and bank overdrafts. Bank overdrafts are shown 1.11 Flnanclal Instruments -trument- The a330cialiori h£)￿ clcctcd lo apply th¢ provi￿1(>n￿ of S¢¢tion 11 'BaoiC Financial In- 'Olhei Financial Instruments Issues, ol FRS 102 to all of ils financial iristruments. and Scction 12 Financial instruments are recogni5ed in the assoGiÈtion's balance sheel when the association becomes party lo the ¢onlr8clual provisions ol the instiutnent. Financial assets and liabilities are offset, with th8 nel amounts presented in the financial stalemenls, when there is a legally enforceable right to sel off the recognised amounts and there is an inieniion lo settle on a net basis or lo realise the asset and settle the liability simultaneously. Basle Ilnanclal assets Basic financial assets, which include debtOTS and Cash and bank balances, are initially measured al transaction price ineludin9 transaction costs arid are subsequently carried al amortised Cost using the effective interest method unless the arrangement con51itule5 a financing transa¢ti(>n. where the transaction is iiieasuiEd al Ihe present value of the future reGeipts discounted ot a markeÉ rat6 of interest. financial assets 18ssilied a5 r8c8ivable within one year are nol amortised. Basie Ilnanelal Il•blllti•s Basic financial li8bilili95. illcluding creditors and bank loans are initially recognised al transaclion price unless the arrangenienl conslilules a fiiiancing tran5aGtion, where the debt inslrutnenl is measured at the present value ol the future payments discounted al a market rale of interest. Finanaal liabilities ¢lassified as payable within one year are not amortised. Debt instruments are subsequently cariiÉd al amortised cost, using Ihe effeclivÈ in18r6st rat8 mèthod. Trade creditor5 are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as ¢urrenl li8bilitiÈs if paymant is wilhin on8 year or less. If not. they are presentèd as non-currenl liabilitiès. Tr8do efedilors are recognised initially al transactlon pmce anLI subsequently measured at amortlsed cost using the effective interest rtielliud. Derecognilion of financial Ilabllltles Financial liabilities are derecognised when the a3sociation'5 contractual oEAigalion$ expire of are discharged or cancelled. 15- CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollc18S Icontinuedl 1.12 Employeè benefits The cost of any unused holiday enlillemenl is recognised in the period in whi¢h thè employee's services aro rec8iv8d. Tarmination b&nafil8 ar& r￿gniSed immodiataly a8 an exp8nse when the association is dèmonstrably committed lo terminate the employment of an employee or lo provi(Je termination benefits. 1.13 Retirement benefits Church Workers Pension Fund ICWPFI Thc charity participatc- in Ihc PcnTh¥ion Builder SGhcme ￿eCtion of CWPF for lay -taff. Thc Schcmc i- administered by the Church ol England Pensions Board, which holds the assets ol the s¢hemes separately The Church Workers Pension Fund has a section known as the Defined Btsnefits S¢heme, a deferred annuity section known as Pension Builder Classic and a cash balan￿ section known as Pension Builder 2014. Pen$iori Builder S¢hÈme The Pension Builder Scheme of the Church Workers Pension Fund is rnade up of Iwo sections, Pension Builder Classic and Pension Builder 2014, both of which are cla35ed dcfincd bcncfit ochcrnc￿. Pension Builder Classic provides a penbioll for member5 foi pay￿}ent Iluiii felirerTIEril, %lLLUITiuliilEd Iiviii contributions paid and converted into a deferred annuity during employment based on terms sel and reviewed by the Church of England Pensions Board from time lo time. Bonuses may also be declared. depending upon th8 invèstmént rétums and other factors. Pèn$itsn Build•r 2014 is a Cash balance s¢heme that provides 2 lump sum that members use to provide benefits at reliremenl. Pension contributions are recorded in an account for 88ch mernber. This account rnay have bonuses added by the Btsard before retirement. The bonuses depend on investment experience 8nd other factors. There is no rèquirement for the Board grant any bonuses. The account, plus any bonuses declared. Is p8yabl& from members. Normal Pension Age. There is no sub-division of as5els between employeis in ea¢h section of the Pension Builder Scheme. The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because il is not possible to attribute the Pension Builder Scheme's assets and liabilities to Specific employers and that contributions are a¢¢ounted lor as if ihe Scheme were a defined contribution scheme. The pensions Lublb Llidiy¥U lu Ili¥ SVFA iii Ilie ywar ale ioiiliibulioiis yuydiJle1202J. £33,636. 2024-. £38,1 Jf11. A valuation ol the scheme is cairied out once every three ye8rs. The most recent scheme valuation completed was Carried out as at 31 De￿mber 2022. For the Pension Builder Classic section, the valuation revealed a surplus 01 £34.8m on the ongoing assumptions used. Al the most recent annual review, the Board chose not to grant 8 discretionary bonus, which will h2v8 acted to improve the funding position. There is no requirement for delicil payrnenls al the Gurr¢nl time. For the Pension Builder 2014 seclion, the valuation revealed a surplus of £1.8m on the ongoing a55umplions ubeij. TIIEie ib riu ieyuiieiTieiil fur deficit payiiieiils al Ilie Cuiieiil tiiiie. The legal structure ol the scheme is Such Ihal if another employer fails, Chichester Diocesan Association for Family Support Work could become responsible for payin9 a share of that employ8r's pension liabilities. Aviva Stakeholder Pension Fund The Aviva Stakeholder Scheme was in place prior to April 2014. At that date existing members were given the option of remaining or transferring to the CWPF scheme and two rnernbers remained. Aviva is a defin¢d contribution scheme. Chichester Diocesan Association lor Family Support Work conlribule$ 7¢/Tr and employees can contribute between 3°/D and 7°k of salaries. The pensions Cosis ¢harged 10 the SOFA In the year are contributions p8yabl812025'. £7,876, 2024.. £1,073). 16- CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Critical accounting estimatès and judgements In the application ol the association's accounling policies, the Iruslees are requirgd lo mak¢ judgements. eslimales and assumptions about tho carrying amount ol assets and liabilities that are not readily apparent from other 50uIGgs. The ests'males and associated assumptions are based on historical experience and other factors that are considered lo be relevant. Actual results may differ from these eslimales. The eslimal8s and undedying assumptions are reviewed Dn an ongoing basis. Ravisions lo aocounling -limatC 14J fcviocd whcrc thc rcvivion affcct- estim8te3 &re recognised in thg pcriod in which Ihc c- only thtst period, 01 in tho period of the revision and lulure periods where the revision affeds both CLJrrent and future periods. Key sources of estimation un¢èrtalnty Investment property The Iruslees believe that the fair value ol the investment property in the financial slalernenls is £1.020,000. With a professional valuation b8ing perfc>rmed in 2024, they believe that the fair value represents ar) accurate reflection of prop8rty values in the local area. Donatlons and lagacl•s Unrestrreted Rastrlcted funds funds 2025 2025 Total Unreslricled funds ?0?4 Reslricled funds ?0?4 Total 2025 ?n?4 Donations and gilts Legacies r8c&ivable Grijril re￿1vIlbIe Deanery ¢onlributions 215.154 64,000 95,663 50.453 265.607 64,000 1e3.066 126,181 202,467 2,504 73,896 249.434 451.901 2.504 204,890 115.329 87,403 126.181 130,994 115,329 374,817 264,037 638.854 278.867 495,757 774,624 Income from charitable activities Restrlcted funds 2025 Reslrlcted funds 2024 Deanery workers 133,889 12J,773 Grants for famlllès In¢(>me within ch8rit8bl& adivities 30.425 47,730 164,314 173,503 17 CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from other tradlng aetlvities Unrestricted Unreslricled funds funds 2025 2024 Easlbovme charity shop Fundraising 77,876 9,263 75,234 11,264 87,139 86,498 Income from investments Unrestricted Unrèstricted funds funds 2025 2024 Renlal in¢ome Income from lisled investments 53,535 20,953 50,924 24,069 74,488 74,993 Expèndlturè on ralsing funds Un￿strICted Unrestricled funds funds 2025 2024 Fundraising and puljlicity Other fundraising c(>sls Staff c03ts Support costs 7,717 120,903 6,809 108,377 745 128,680 115,931 Trading costs Eastbourne charity shop Staff costs Suppurt cusls 33.446 43,336 38,808 1,491 76,782 73,493 Total expenditure on raising funds 205,462 189,424 18 (£> o V ¢0 01 ) (f) co o (ry ¢0 tt) Ln I > th? o u) LN V r (ry a> Ln 0 0 ¢5>- tr ￿ CO i Oi ￿ti) O c 0> J o) 4Jt 8 8 r r Ill111 > > > o o o (J ￿ ( wuJw # ¢0 Or (YJ (J) O ro ts) U> ID i oi v)0< CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 10 Trustees None ol the Irusle85 lor any persons connected with them) received any femunera14.on or benefits from the association during the year. 11 Employ99$ The averaoe monlhly number of employees during the year was.. 2025 Number 2024 Number Employ88s 31 32 Employment costs 2025 2024 Waqes and salaries Social security costs Olh¢r pension costs 833.769 71,065 41.512 773,140 57,450 39,224 946,346 869,814 There were no employees whose annual remuneration was £60.000 or more. 12 Gains and losses on investmen¢s Unrgstrlcted Unr6strlct•d fund5 funfls 2025 2024 Gainsll105sesl arising on: Revaluation of investments Revaluation of investment properties 19.124 12,3231 50.000 19,124 47,677 13 Taxation Tho charily is exempl from taxaiion on ils activities because all ils incorne is applied lor Charitsble purposes. 21 CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Tangible fixed assets Fr¢)th¥ld land Fixlur&É and OFlie• and buildlngs flttlng$ 84ulpment & computefs Motor vehl¢les Total Cost Al 1 April 2024 Additions Dlsposals 280.000 26.995 41.764 2,017 19631 18.007 366.766 2,017 19631 Al 31 March 2025 280,000 26,995 42,818 18,007 367,820 Depreciation and impairmenl Al 1 April 2024 25,709 321 28,917 5,331 19631 18,007 72,633 5,652 19631 Dcprccialion chargcd in Ihc ycar Eliminated in respe¢l ol disposals Al 81 Marrh 2a25 26.030 33,285 18.007 77.322 Carrying amount Al 31 Maroh 2025 280,000 965 9,533 290,498 Al 31 MdiLlI 2024 280,000 1,286 12,847 294.133 15 Investment property 2025 Falr value Al 1 April 2024 Snd 31 March 2025 1.020.000 Investment property comprises residentia5 units within the association's freehold pioperty, with the element ol the property used lor the association's offices included within tangible fixed assets. The lair value of the inve5trn8nt property ha5 been arnve.d al rjn th? iJa%i8 nf 2 valiJali¢Jn carried out at the year end by th8 Iruslees. The trustees have based their valuation on a valuation carried out by a professional Surveyor, Eighlftsld Prof&s$ional Limited, on 15 March 2024 in 2024. 22- CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Fixed asset investments Listed Investments Cost or valuation At l Aprtl 2024 Valuation chanqes Disposals 514.057 79.123 1135.0001 At 31 March 2025 398,180 Carrying amount At 31 March 2tt25 398,180 At 21 MArr.h 2024 514,057 17 Debtor5 2025 2024 Amounts falling due within one year.. Other debtors Prepayments and accrued income s,000 5.875 17,750 5,877 10,875 23,627 18 Creditors: amounts falling due within one year 2024 Notes Othcr taxation sociol ocourily Deferred income Other creditors Accruals 16.492 124.500 6.777 16.888 123.334 6.246 26.329 754,657 155,909 Defeired incoine is made up of £124,500 of donations and grants to cover salary Gosts in the following years 12024.. £123,334). -23- r(0 t7) r (D (ry o (fj If) r C ooo l r ogpkn% o) (o (o (O Ln (o (O Lli Ln th (N fri (O r <0 O 0> Jrry O CF) ir) r O J O ) t) - O (N (N fA) a> tr o (Y (TJ (TJ ( oit)ry)NO *t ¢£1 Ui r lyi O 0 ¢JJ C Ul7aNo (o ( oro )0 (Nn- t * u> p CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2025 20 Unrastrletad funds The unrestricted funds tsf the charity comprise the unexpended balances of donations and grants which are not subject lo specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out ol unrestricted lur)ds by the trustees for specific purposes.. At l April 2024 Incoming re50ur¢es Resources expended Tran5fcrs Gain5 and At 31 March 105ses 2025 Garton House Properly fund General funds 1,090.514 201,932 1,09S.514 65,108 536,444 1461.2351 1231.1571 19,124 1.300,446 536,444 1461,2351 1231,1571 19,124 1,163,62? Prevlous year: At 1 April 2023 Incominy resources Resources expended Transfers Gains and At 31 March losses 2024 Mary Mp.Php.rqon Fvnd Deanery Workers Garton House Property Fund General funds 21,112 121,1121 4.471 14,4711 1.250.000 191.187 1201.4861 111,9891 50,000 12,3231 1.098.514 201,932 440,358 1415,3011 1,466,770 440.358 1415,3011 1239.0581 47,677 1,300,446 The Mary McPherson fund.. This represenled the cost of the work in the Lewes and Seaford Deanery. Deanery Workers Fund.. This represents donations given lo support workers in all of the association's deaneries. Garton House Property Fund.. This fund was sel up lo show the value of the freehold property, Gart(M House, 22 knTrtanford Avenue. Brighton LIN1 6AA. Thi5 property 1$ a historical asset which house5 the offices and food bank for the association and also has four residential units that are let on AST with the income as benefit to the charitable activities ol the association. The fund increased by £50,000 in the prior year follc>wing a professional revaluation of the property. In addition the sum of £201.486 was transferred from designated funds to general unr8Stricted funds follc>win9 an undertaking from the trustees to invest the valu8 of funds re¢8ived from the Bell Hostel Trust in the property fund, so releasing this value lo the general fund. -27- CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 21 Analysis of net assets between funds Unrostricted funds 2025 Rèstrlctad funds 2025 Total 2025 Fund balances at 31 March 2025 are represented by.. Tangible assets Investment properties Inve5trnents Current Èssèlsllliabilitiesl 290.498 1,020,000 J98,180 1545.0561 290.498 1,020.000 390.100 1138.8601 406,196 1,163.822 406.196 1,569.818 Unrestrlcted funds 2024 Re$trl¢t•d fund8 2024 Total 2024 Fund balances at 31 March 2024 arè representèd by: T(Iiiyible Éis¥elb Investment properties Inveslmenls Current a8setsllliabilities} 294.133 1,020,000 514.057 1527,7441 294.133 1,020,000 514,057 124,4771 503.267 1,300,446 503,267 1,803,713 22 Op•ratlng laasfr commltmonts Al th& rppf)rting pnd dxlp Ihp a88acialion had oulslanding commitments for futur8 rninimurn lea88 paym8nts under non-cancellable operating leases. which lall due as follows.. 2025 2024 Within one year Between two and live years 24.429 24,043 24,429 24,429 48,472 During Ilie year £24,04312024- £24,043) ol lease paynienls were recognised as an expenses. 28- CHICHESTER DIOCESAN ASSOCIATION FOR FAMILY SUPPORT WORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 23 Related party transactions Remun•ratlon of key management personnel The trustees deem key management personnel lo be.. Mr M Auton-Lloyd M- Elaine Waight Ms Nikki Kerr -CEO Director of s&rvi¢os Director of fundraising and marketing Thè rèmunèration ol kay management personnel is as follows.. 2025 2024 Aggiegat8 compènsation lineluding emDloyerfs NIC and pension) 187.889 171.063 Transactlons with ralatèd partles During the year the association entered into the following transactions with related parties.. Mrs L Lynn is a representative on the board ol trustees from the Chichester OBF. Th8 DBF rnado a gTant to the charity 01 £13,29912024'. £33.5001. Mr E Bickérsteth is a trustée of Ashburnham Thanksgiving Trust, which made a donation lo the charity of f1.10012024.. f1.0001. Mr M Aulon-Lloyd is a trustee of the Bell Hostel Tfust, which made 8 donation to the charity of Enil 12024.. £201,383). Aggregate donations received from the Iruslees arllounled lo £4,34512024'. £1,490). 24 Cash generated from operation5 2025 2024 IDeficitllsurpus for the year 123.3,8QS1 Adjustments for.. Investment income recognised in statemer)t of financial activities Fair value gains and losses on inveslmenl properties Fdir value gains dnd losses on inv￿&[frie[lIb Depreciation and impairment of tangible fixed assets 174.4881 174.9931 150.0001 2,323 3,484 119,1241 5,653 Mov&ment8 in working capital.. Oecreasellincreasel in debtors Increase in creditors Inereaso in dèlèrrad income 12,752 7.582 1,166 117,9781 10.336 123.334 Cash labsorbèd byllgeneraled from operations IJUV,6541 15,510 25 Analysls of ehan9e5 in nèt funds The associ8lion had no debt durino the current or comparative period. -29-