Company No: 1946616 Cbarity No: 292787 ST. MARY ABBOTS REHABILITATIof+i TRAININ PR 4Y LIMITED BY GUAIW4TEE ACCOUNfs FOR THE YEAR EDED 31$t MARCH 2024
ST. MARY ABBOTS REHABILITATION AND TRAINI ING PROJECTS {SLVIARD A COMPANY LIMITED BY GUARANTEE CONTEiYrs Legal and Administrative Inforniation Report of the Trnstees and Directors Report of the Independent Auditors Statement of Financial Activities 2to5 6t07 Summary Income and EXpendltLe Account Charity Balance Sheet Cash Flow Statement io Notes fomiing part of the Financial Statements 11 to 14
ST. L4Ry ABBOTS REHABILIATION AND TRAINING PROJECTS (SMART) A COMPANY LIMITED BY GUARANTEE LECAL AND ADMINISTRATIVE INFORIVL4TION CHAIUTY NUIwlBER: 292787 COMPANY NUMBER.. 1946616 DIRECTORS AND TRUSTEES.. G.J. Van Loon-chair C.E. Curtis Dr. C. E. Smith N. Lambert COMPANY SECRETARY.. A. Mustapha REGISTERED OFFICE: The Basement, 15, Gertrnde Street, LONDON, SWIO OJN AUDITORS.. Messrs. Jefftey Altman & Company, Chartered Accountants, Wa)7nan House, 141, Wicldwn Road, Shirley, CROYDON, Surrey, CRO 8TE. BANKERS: Santander UK plc, BBAM, Bridl¢ Road, BOOTLE, Merseyside, L30 4GB HSBC Batth plc, BelgTavia SWIV IEJ National Westminster Bank plc., 224, Kings Road, LONDON, SW3 5XJ
ST. MARY ABBOTS REHABILITATION AND TRAtYlNG PROJECTS {STrL4RD (A Registered Charity and Company Limlted by Guarantee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2024 The Trustees, who are also Directors of the Charity for the putposes of the Companies Act, submit their annual report and the audited financial ststements for St Mary Abbots Rehabilitation and Training Projects (SL4RT) (Charity Nun]b¢r 292787, Company registratoll number 1946616, RegLStered Office Addr¢ss'.Th¢ Bas¢mcnt, 15 Gertrude Street, Lotldon, SWIO OJN) for th¢ ycar ended 31 March, 2024. The TteeS have adopted the proS1onS of the Charities Statement of Re¢ommended Practice (SORP FRS 102) together with Update Bulletin l in preparing the annual report and finallcial statements of the Charity. Objects and Principal Actiiities The charity is ronstituted as a Company Limited by Guarantse and is therefore gov¢rneAI by a Memorandum alld Articles of Association. Now itl its 41st year, the Charity's objects and its principal activity Continues to be that of providing relief to people within the Royal Borough of Kensington & Chelsea and surrourkding areas who are suffering from any fom of n)ental distresg. The Charity's Prillcipal activiti¢s arc undertaken for the purpos¢ of the publi¢ b¢n¢fii which are the Manageellt of a Dumber of employment and tr*irLitLg projects for such people, as well as practical suppori infonnation and advice. These projects include a public cafe with micro-bakery and catering ann, an organic vegetsble box scheme, a DtY/upcycling project, a music projcct with gigging band and sing¢r groups and a small gardening busilless. In addition, a range of short courses and workshops are off¢rd to improve vocational arLd life skills, as and when need is identified. la 2016 the Charity was awarded two ¢ontra¢ls to an emplonent pathway and practical support or Navigation, service as part of the new Community Living Well Senice. In 2020 it was awardcd thc Community Champions contract for Chelsea and in 2022 for Earls Court, to protnote h¢alth and cmotional resilience irL partnership Mth loca] people. The Charity also provides a wid¢ rang¢ of social, personal dev¢lopm¢nt and recovery activities including person-centred plarming, self_managemcnt programeS, mindflllness, yoga, drop-in activtty sessions (during the day. ¢v¢ning and weekends) and 'bridgc-building' to the wider cotim)unity. The Cbarity is organised so that the Trust¢¢s Jncet regularly to review results and manage its affairs. Sub-COn]mittees fortned of staff, clients and other advisors report to the Trnstees. The sub<ommittecs meet at least 4 titnes a year and give Trustees the OPPDrtunEty io gaill a greater understanding of a specific arca of work . tn this way the Board gathers the infomation needed to take decisions and plan for thc future and makes arragttemts. for s¢tting th¢ pay of kcy allagerllent. The key managcment make the every day d¢¢isions for the Clwity. The Trustees confirn] that they have had regard to tbe CELarity's Commission guidancc on public benefit. Eacb y¢ar the Board perforn)s a skills audit to deterniine what training is ll¢ed and whcrc gaps in skills lie. A recruitment and training programme is orgallised around th¢ rcsults and Trustees are appointed annually, by vote, at th¢ Annual G¢n¢ral Meeting. There is on¢ fiill- time administrator who both manages the day-to-day administration of the CIltY and organises fundraising initiatives. On-going fvnding is provided by the Royal Borough of Kensington & Chelsea, CNWL and Kensington & CEL¢lsca Fouodalion. The C]wity's proj¢¢ts also gerLerate income, making a si¥nifi¢ani contribution to tlet income. The Clwity also gratefully acknowledges the work of individual donors, voluntccrs and local businesses in supporting its activities. We gre parti¢ularly grateful to Julia and Hans Rausing for their generous support and io Jeremy Page, a form¢r memiw, who sadly passed away this y¢ar, Icaving a large gtft to us. Advice and Guidance Matrix accredited advice, support, InfomtiOn and guidatt¢¢ around mcntal health and ilhess are provided to any person or organisation in llccd. Information s¢ssions. Si1p0Stillg, leallets alld personal development sessions are provided at ihe central otTice. tn addition, the Charity hosts activities of extemal organisations at the Central Office to fill1her these aims. This ensures that peoples, needs are acknoM.ledged and met through tbe provision of Ilolistic, joined-up and ¢asily a¢cessibl¢ services.
ST. ML ARY ABBOTS REHABILITATION AND TRAtNING PROJECTS (SNIART) {A Registered Cbari¢v and Company Limited by Guarantee) REPORT OF THE TRL'STEES Continued FOR THE YEAR ENDED 31st MARCH 2024 Community Support sIT is corrllnitted to building resilience in its communiry and supporting iDdqicndcnce and empowerment in its service users. To this end, the Organisation has created links and partnerships with mainstream community organisations to foster understanding about mental illness and wtden acccss to their activities. The CILarity is open every day of th¢ year, ineluding Chn"stmas, and offers on-lin¢, ¢vening and we¢k¢nd drop-in Sessious to relieve the social isolation cxpcrienced by those 1th mental health lleeds. Aehievements and performance Ea¢h year SNL4RT reviews its five year busincss plan stakeholders including smice users, refeal agencies, funders and staff to ¢re&te the annual operational plan. This plan sets tsrgeis that lfIl the Charitable Objects and m¢et the needs of servi uscrs and funders. The cost-of-IiviDg continued to be our most pr¢ssing ¢on¢¢rn to which we rcspond¢d with a range of activities based oll supporting people th food. money and advice. We supplemented our Christmas Day community lunch with a "shop" where local people could choose gifts for their children.The plans to build a well-being centre, based on sociBI enterprisc and a connection to natur¢ solidÈficd arouud a sitc in the Soutb Downs National Park. We also ¢ugaged in the developm¢al of voluntary and community sector services tOW8rds Personalisation attd TrdnsEom)atÉon which aitlls to provide p¢ople with personalised, more easily accessible and ini¢grated care. We have again introduced more peer-led acrivities and are on track our plan to bavc SMART largcly staffed by its tnembers. The Trustees have assessed and are of the opinion that th¢ Charity is a going concern for at least 12 months from the dat¢ of this report. Financial Review Th¢ slalcment of fllHncial activiti¢s shows a profit of £72,753 for the year. The mparable prior year 2023 showed a loss of £114,455. The total funds caled fonvard resulted in a surplus of £789,133 (2023= £716,830). Of these fid$ £316,413 related to Restrictcd Funds at 3 1st March 2024 (2023..£340,136) Our fundrdisiug ¢fforts were success1 tl)is year, WLth SMART achieving IOOQ/o of ils thndraising targets througtL siatutory fundirLg, grants. donations and illcome from its so¢ial enterprises. Risk Management The Trustees actively review the major risks which the Charity faces on a regular basis and, ¢ombin¢d with an annual review of the controls ov¢r k¢y financial systell, will prode sufficient resources in the event of adverse conditions. The Trusttts have also exaD]illed otber operationd and business risks faced by the Charity and confirm thai rhey have estsblished systeLllS to mitigate the significant risks. Reserves Policy SNL4iiT's reserves policy is to maintain suiTicient level of resetves to enable operating activities to be maintained, takin8 account of tx)tential risks and contingencies that may arise from time to time. The Trustees feel that the general reserves at 3 1st March 2024 of £472.720 meets this levcl. The policy is reviewed a[UallY by th¢ TrUSts. addition, an)ounts are set aside to meet financial risks associated with potential ¢onting¢ncies and uncertainties relating to thc Chan"ty's operating activities.
ST. LWY ABBOTS REHABILITATtON AND TtL41NING PROJECTS (SMART) (A Reglstered Charity And Company Limited by Guarantee) REPORT OF THE TRUSTEES Continued FOR THE ITAR ENDED 31st MARCH 2024 The Future SMART works to a five-yeaF business plan and reviews its operntional plan annually. We proactively seek feedback from our stakeholders aT]d monitor outcomes io enwr¢ scrvices meet the needs of our cotutnunity and fulfill our charitable objectives. The transformation of tnental health services has seen us take on a number of new contracts to work in partnership with the NHS alld i'olunt2ry sector. W¢ bave also developed servi¢¢s io meet the challenge of ihe cost-of_living crisis and rise in mental illness.c. SMART is working intensively with H¢altb and S(Kial Carc partncrs to influenc¢ and support the new strategic directions of botb parties. We #r¢ playing an active role in the Place-based Partnership and ¢nsuting the lived experienc¢ and needs of our members is he8rd and respond¢d to. Through good planning, SNL4RT is weatherin¥ the tough economi¢ ¢ondifions well and has a good range of diversified fundillg sources to support its activities. Director$ and Trustee5 Members of thc management committcc, who are Dkrectors for the pU05e of Company Law and Tnjstees for the pu5¢ of Charity Law wkno s¢rved durillg the y¢ar and up to th¢ date of this report, are s¢t out on page one. Members of the charitable company guarantee to contrÈbute an amount not exceeding £1 to the assets of the charitable company in the event of winding up. The total number of such guarantees at 31 March, 2024 was 4. StateJ))ent of Directors, Respon$ibilitie$ Company law rcquircs the Directors to pr¢p8re tbe Directors, Report and finan¢ial statements in accordance with appls¢abl¢ law and regulations and in accordance with UniEd Kingdom G¢nerally Accepted Accounting Practice for each financial year, whlcb give a true and fair view of the state of affairs of the Company and of th¢ Th¢t loss of the Company for that period. In preparing thos¢ financial statements, the Dir¢ctors are required to: Select suitable ae¢ountin8 policies and apply them consistently; Make judgem¢ttls and accounting estirrLates that are reasonable and prudent. State whether applicable accounting standards have been follow¢d, subject io any material departur¢ dis¢los¢d and Cxplained in the Finan¢ial Statements Prepare the finaneill stat¢m¢uts on the going concern basis unless it is inappropriate to assume that the Charity will continue in operation. The Dircctors are responsibl¢ for keeping proper awounting records which disclose with reasonable accuracy at any time the financial position of the Company and to etlable them to ensure that the Financia] Statements comply with the Companies Act 2006. They are also responsible for safeguarding tbe assets of the Company and bence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Statement as to Disclosure of Information to Auditors So far as the Directors are aware, there is no relevant audit infornjation (as defina by Section 418 of the Companies Aet 2006) of which the Company's auditors are unaware, and each Directorllas taken all th¢ steps that hc or shc ought to hav¢
taken as Director in order to make himself or herself aware of any relevant audit information and to establish that the Compally's auditors are aware of that infortnation. ST. MARY ABBOTS REHABILITATION AND TL4IN'ING PROJECTS (SMART) (A Registered Charity and Con)pany Limited by Guarantee) REPORT OF THE TRUSTEES Continued FOR THE YEAR ENDED 31st MARCH 2024 Audltors Jefftey Altman & Company, Chartered Accountants, were reappointed as the Charitable Cotnpany's auditor during the year and have expressed their willingness to continue in that capacity. This report has been prepared in accordance with ihe special provisions of Part [5 of the Companies Act, 2006 relating lo small companies. Approved on behalf of the Bo*Td by: Mr GlJsberth5 . van Ln Director and Chair of Trustees 4th December, 2024
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ST MARY ABBOTS REHABILITATIOli AliD TRAINING PROJECIS ISMARTI A COMPAliY LIMITED GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING tNCOME EXPENDITURE ACCOUND FOR THE YEAR ENDED3151 MARCH 2024 2024 Unrestr¢ted Regtrict¢d Funds Funds unrestrict ResErict¢d Funds Funds Total Tetal NOTE INC ESOL'RCES Donanons. legaci(s and similar rc5(UTCa Charitable Aciiviti Ini. 1cOme Bank lntCTol Receiiiable Renugl Income Toral Jncoming Resource 93,791 18265 1.173,707 1,267,498 18.265 1,157 15,085 1,107.917 1,109,074 J5,085 11,473 3,625 127,154 1.473 3,625 1,300.861 649 975 649 975 1.173,707 17,866 1.107,917 1,125.783 RESOURCES EXPETr4DED charitableac1iItIeS 30,678 1,197,430 1,228,108 27,876 1.212362 1,240,238 NET IOUTGOIN4GIIINCOMING RESOLIRCES BEFORE TIL41YSFERS Transfers between funds T&xalion 96.476 123.723) 72,753 110,oioi 1104.4451 I I 14,4551 NET MON'EMENT IY FiiYDS Fund baldnc at 151 April, 2023 Fund balances at 31st LYar¢h. 2024 96.476 376.2J14 472,720 123,7231 340,136 316,413 72.7)3 716J80 789.133 110,0101 386,254 376,244 1104,4451 444,581 340.136 1114,4i51 830.835 716,380 CONTIN OPERATIONS N'on¢ of the Charity's actiTrities were acqulred or discontinued during the above two financial y¢ar& The statanent of financial actitt£S in¢ludt5 all gain5 and losses recogni2&1 in the ye&r.
Com an No: 292787 ST. MARY ABBOTS REIL4BILITATION AND TRAINtNG PROJECTS (SMART) A COMPANY LIMITED BY GuATEE BALANCE SHEET AS AT 31st MARCH 2024 2024 2023 FIXED ASSETS Tangibl¢ A$scts io 3,117 4,155 CURRENT ASSETS st(ks Debtors Cash at Bank and in Hand 1,500 405,705 489,096 896,301 320 196,105 1,097,061 1,293,486 CURRET4T LIABILITIES Creditors - amounts falling du¢ wtthin one year 12 110,285 581,261 r+lET CLRRE.YT ASSETS 786,016 712,225 TOTAL ASSETS LESS CURRETr4T LIABILITIES 789,133 716,380 NET ASSETS £ 789,133 716,380 RESERVE Unre$tri¢ted funds General funds 13 13 472,720 316,413 376,244 340,136 Restricted funds £ 789,133 716,380 These accounts are prepared in accordance with the provisions applicable to Companies subject to the small companies regime of Companies Act 2006. Approved by e Trustees on 4 th Oe(£w>trf 2024 and SIed on their behalf by. Mr Gijs g-.J. van tx)on Director and Ttustee The notes on pages 9 to 12 form part of th¢sc accounts.
ST. MARY ABBOTS REHABILITATION AND TRA1Tr41NG PROJECTS (SMART) A coIPANy LIf4lITED BY GL,ATEE CASH FLOW ST ATEMENT FOR THE YEAR ENDED 31ST MARCH 2 24 2024 2023 CASH INFLOW FROM OPERATING ACTIVITIES Net expenditure Depreciation tnterest Received DecreasellIncre2sel in d¢btors Decreasel(Increasel in stock (Decreaselllncrease in creditors (Excluding loans and fLnance leases} Net fash inflow from operating a¢tiTrities 72,753 1,038 {11,473) 1209,600) (1,180) {114,455) 1,183 (649) {35,614) 30 (470.976) {619,438) 537,381 387,876 CASH INFLOWS FROM INVE Interest received Payments to acquire tangible fixed ass¢ts TIN ACTtvrtlES 11,473 649 11,473 649 ASH INFLOWS FROM FfNANCTNG ACTtVlTIES Loan repayments CHANGE IN CASH AND CASH E utVALENTS (£607,965) £388,525 Cash as at 1st April, 2023 Cash as at 31st March. 2024 1,097,061 £489,096 708,536 £1.097,061 io
ST. 4L4RY ABBOTS REHABILITATIOY ATr*'D TRAINJ24G PROJECTS (SMART) A COLVAPAIIY LITrtITED BY GLARAYfEE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st LCH 2024 l. ACCOtryTING POLICIES Th¢ a¢¢ounting policies sei out below have been applied consistently by th¢ Charity in the preparation of itg Accounts. asis of Accountin (al The Accounts h8v¢ been prepared in a¢¢ordan¢e with The Financial Reporting Standard 102 applieable in the UK and Republic of Ireland, the Charities SORP {FRS 102) and under the Historical Cost Convention and ill accordance with the lccruals concept of accounting. whereby both income and expendittwe are rett0$¢d as they are earned and Éncurred. (b) Fixed sets and D ciation Tangible Fixed Assets are stated at either purehase price, op¢n market value or capitalized at the value at which the gift wks included in income, less a charge for dcpreciation calculated at the following rates on the reducing balance basis, so as to write them off over their ¢stimated useful lives. Plant and Equipment 200/0 per annum Fixtures and Fittings 25./0 pcr annum (c) Charitable Incom¢ Voluntary income is received by way of donations and gifts and is sncluded in full in the Statemenl of Finan¢ial Activities wben r¢¢eivable. The value of services provided by volunteers has not been included. Credit is taken ijk the Accounts for donations, legacies when the eonditions for receipt are m¢t and there is a reasonable assurance of receipt. Donations and allts for a parti¢ulgr purp(Trse are (d) Taxation As g registered Charity, the COTnpany is not liable to taxation on its in¢om¢. (e) Funds Accouniin Funds held by the Charity are either.. Unre5tricled generalfynd5 thcse are funds which can be used in accordance with the charitable objecis at the discretion of the Trustees. . Designatedfynds these ar¢ funds set aside by the Trust¢¢s out of unrestricted general funds for specific frjture pun)os¢s or projects. . RestYicledfi4nd5 - these are fi]nds that caEL only be used for parti¢ular restricted purposes within the objects of the Charity. Restrictions arise whell spe¢ifi¢d bv the donor or when fimds are rais¢d for particular restricted purposes. R¢sources Ex ended (t) Resources expended are included in the Statement of Finaneiai ActiTrities on an accruals basis, nclusive of any VAT which ¢annot be recoi'ered. Certain expenditu is directly attributable to specific activities and has been included in those cost categories. Certain other costs, which are attributable to morc than one activity, are apportioned across cost categories on the basis of an estimation of the proportion of time spent on those acrivities. Governrnent costs include those incurred tn the governance of the Charity and its assets and are primarily associated with constitutional and starniory requir¢ment$. (g) Grants received All amounts re¢eived or receivable by way of grant have been offset against the related expenditure within the StateEuent of Financial Activitites for revenue items. li
ST. MARY ABBOTS REHABITATION AND TIL4INING PROJECIS (SMART) COIIPANY LIMITED BY GUARANTEE NOTES TO THE ACCOUNTS FOR THE 24 The C1ty is a cotnpg5. lirnited by guaTllte¢ amd ]ws no share capital. Th¢ liability of ¢be[ in thc event of winding up is limited to £1. The Charity wa5 inwrp)rated in the U. 3. PUBLIC BENEFIT The Ch8Jity constitute5 a public ben¢fit a5 definwj by FRS 102. The registered ddSS is that of.. Th¢ Basemen 15 Gerttude StreeL London. SWIO OJN 4. GOING CONCERPI The finatlciai state]nents have b¢en pr¢pared on agoittg concern basis. The tr5 coDsid¢F the Charity FK>lds sufficient re5¢rves to deem the goingeoncern knis appropriatr for a¢ l¢st 12 months from the date of this S. INCO[NG RESOURCFS 2024 2023 Restricted U]strICd Restric1 Funds Unrestricted Ftjttds Roy8] Borough of Kensin0 8nd Ch¢ls¢a . Grat Income from variov5 projects atKi club aCtitieS Other Gra1$ R¢¢¢iv Legdcy tncon SNL4RT B9nd 273.000 273.000 276,069 276.069 1&265 18.265 9},707 90,000 15.085 15.085 831,848 9(KI.707 831,848 90,000 Genernl Donatiott5 Rerttai Incom¢ Bank Interest Received CoronaTriTUS Job Retention S¢heme 3,791 3,625 11.473 3,79l 3,625 11,473 1.157 1,157 975 649 975 649 127,154 £ 1 173 707 £ I.3.861 17,866 £ 1.107.917 £ 1 125.783 RESOURCES EXPEND 2024 Support Costs 2023 Sw)p)rt Costs Charitsble Activities Charitable ivities Staff costs Garden. café Vdckaging V&TiOUS projects and Clubs Training and conference PT¢mists Communications L¢gal and professional Audit fees Motor and travel Office exE¢nses and generel repairs PTinting. ty>stAg¢ and stationery Dcprttiaiion Bad Debts Administrdtion ard s¢rvi Firt8nce costs 975.943 8.727 121,070 5.574 14,328 10.286 975.943 8,727 121.070 5,574 14.328 10,286 22,378 8.300 449 449 47,162 47,162 4.512 4.512 1,038 1,038 380 380 1,441 1,441 4.845 520 6,520 301 £1.197.430 £30.678 £1.228,108 £27,876 £1240.238 In addition to the ext$¢$ th¢r¢ is 8n ¢stimated con of £Nil relatingw volunt¢¢rworker5 who help SMART each and ev4Xy day of the y. 959,287 7.341 121,364 15.996 Il802 6.561 959,287 7.341 121,364 15.996 12,802 6,561 19,826 8.050 207 54.433 28,042 1.183 22.378 8,300 19.826 8,050 207 54.433 28,042 1.183 4,845 301 £1212362 12
ST. MARY ABBOTS REIL4BILTfATION AND TRAING PROJECTS (SMART) A COMPANY LIMITED GUARANTEE NOTES TO THE ACCOUNTS FOR THE YEAR END 7. STAF AND TRUSFE Salaries end Wage5 Pension Social Security Costs 882,589 17.253 76.101 £975,943 £959.287 896.0(M) 10,932 52,355 No single employee received tots] emolumcnts in ¢xce55 of £60,00012023: £Nil) The total erTrolurnellts for key managunent personn¢l tots]led £58.75312023.. £57.432} The TL were not paid or r¢imbursed fOreX5¢S during thc Ye (2023.. £Nill SMART staff costs r¢pr¢sent gry)d value for money as staff time i% sr*llt almos¢ entirely on (trIiv¢Ting Charity's aims and objectivts. The average nurtLb¢r of fi]11-UTJJe equ2vaknt employee& in¢luding wuai pd pgn-tijne sta duriDg (he Y was.'- I24 m¥JgeTent and administration Training project workers Café ?d Gat¢ring Gardening alld flori5ty I.T. project 32 32 38 38 9. NET INCOMING RESOURCES This is staled after cre41iting'. Audito. Remunerntiotl Depr¢¢ia¢ion of T8ngible Fixed Assets- owncd EDA Tangibl¢ THE YEAR 8.300 8.050 1.183 Plwjt Fixtures Fitt Totaj VAL BaJan¢¢ as at l April, 2023 Addition$ irt the ye8r Balance as at 3 l 2024 DEPRECIATION Balance as at l April, 2023 Charge fortk year Baluce as at 31 Mar¢lb 2024 NE As at 31 M8rd4 2023 As 31 1ch, 2024 59.982 46.549 106.531 59,982 46,549 106.531 57.556 44,820 101376 606 432 1.038 45 58.162 a2 103,414 £2.426 £1,820 £1.729 £1.297 £3.117 13
ST. M.IRY ABBOTS REHABILITATION AF4D TRAIN1Tr4G PROJECTS ISLWT) A Co1pANy LIIIITED BI, GuATEE NOTES TO THE AccoYTs FOR THE YEAR E4VED 31st NL4R 24 2024 2023 11. DEBTO - #mvunts t11]g duewithin olle yur Tradedebtors Oth debtors prq?aellts and ae£nted income 402,922 7,524 2,783 £405,705 188,581 £196,105 12. CREDtTO - am•unts fallillg due rythIn orle vej Trnde tthitors T&¥aliDn and social security costs Accruals and D¢Z[ed incotnc Othw creditots 13.846 20,082 72,467 3,890 £110.285 10,038 67,500 499,079 £581,261 I3. MOVEfvIENf OF FUND THE unTtriCt Funds Restri¢d Fun G¢nffa Fund PrOjt Fund At l April 2023 IntOTne in th¢ year 376,244 127,154 503.398 30.678 472.720 340,136 1.173,707 1313,843 1,197,430 316.413 716,380 1,300,861 2,017,241 1,228,108 789.133 Exp¢nditure in the year Transfe At 31 March 2024 £472,720 £316,413 £789,133 The project fvnd fulfils grani contracts rec¢]ta 10 Provideservices ts) the BoTough as dfxailaq in the agrE*il m$ of d¢liv¢Ty Slei1¢nL Ysi ET A&SETS BETWEFN 14. Genffal Fund Resthded Funds Total Funds Tanble fixed asstts Current assets Cutrent liabiliti&t 405.705 490,596 10.285} 383,428 896,301 1110,285 £789.133 £405.705 Is. EINT LIABILITIE There wer¢ no Lonlingent liabiliti& as at 31 March 2024 {2023 . £Nil}. i& EL TED PARTIES Ther¢ Wfxeno relat poty transattions theyear 10 31 Marth 2024 (2023- £Nill. 14