Family Routes IA company limlted by guarantse. not having a sharn ¢apltal} Annual Report and Audited Financial Statements for the financial year ended 31 March 2023 Registratlon number: N1024153 JC8YQD9M 1310912023 COMPANIES HOUSE JNI
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Family Routes IA company Ilmlied by guarantee, not havlng a shave capltall CONTENTS Page Reference and Administralive Informalion Trustees, Annual Report Independenl Auditorfs Report 11 Statement of Financial Aclivities 12 Statement of Financial Position 13 Staiemeni of Cash Flows 14 Notes lo the Financial Stalemenls 15-24
Family Routes IA Company Ilrnlted by guar•nlee, nol havlng • shar• capltal) REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Joseph Copeland Marian Hal Gail Clae (Appoinled 12 December 2022) Rachel Johnslon IAppoinled 12 December 2022) Elizabeth Shaw Gillian Williamson Artlyjr Canning (Resigned 24 October 2022) Charlty Number In Northern lrnland 101826 Reglstered Offlce and Prln¢lpal Address Uni12 18 Hefon Road B61fasi Counly Anlrim BT3 9LE Norlhem Iieland Audilors Malone Accounling Lld Chartered Arxounlants 12 Causeway Road Newcastle County Down BT33 OOL Nonhem Ireland Bankern AIB Unlver8ity Road Belfast County Anlrim BT71ND Northem Ireland Solicitors Edwards & Co 28 Hill Slreei Belfast County Anlrim BT12LA Norlhem Ireland
Family Routes {A company Ilmlted by guaraniee, not havlng a share capltal) TRUSTEES. ANNUAL REPORT for the fmanclal year ended 31 Marth 2023 Th• InJs¢ee8 Pfesent iheir Truslees. Annual Reporf, combining the Oireclors, Report and Tru$tges' Repofl, and th audited financial slalemenls lor Ihe financial year ended 31 March 2023. The financi81 slatemenls are prepar8d In aceardAficè wllh Ihe Companies Act 2Iy)6, FRS 102 The Financ181 Reporting Slandard applicable In the UK and Republlc of Ireland" and Accounting and Reportlng by Charities.. Slalemenl of Recommended Practs'ce applicable lo charities preparing their financlal slalernonls in accordance wilh the Financial Reporting Staridard applkable in Ihe UK and Republic ol Ireland IFRS 102). The Trustees. Report contains the inlormalion requlred to be provided in the TrusiÈes' Annual Report rer the Statement of Recommended Praclice (SORPI guidelines. The trustees of the company are also charty trustees lor the purpose of charity law and under the companrfs constitution are known as members ol the board ol truslees. In this report the trnslees ol Famity RI18$ presènt a summary of lis purposé. govemance. activilies, achiev¢menl$ and finances for the financbal year 31 March 2023. The ¢harfty is a regtstered charity and hence the report arKJ results are presented in 8 lorm which CoMleS with the fequiremenls of the Companies Act 20( and, although not obliged lo comply with Ihe Stalemenl ol Recornmend8d Praclice applicable in the UK and Republic of Ireland FRS 102, the organisalion has Im6mented ils recommenda11¢5 wtr£re relevant in these financial $talem¢nts. Mission, Obj•ctiv•$ and Slrat•gy Mlsslon St•t•m•nl Principal Activities The principal aciivity ol Ihe charity is providlng $al work and counsélllng serrfke$ lo persor6 affected by adoption and infertihty. Obl•cibv•8 & Aclivftie• F8mily Routes incofporales lour disllnct sethces.. Adopti RcAJte$ - Adopllon assessmenl and P)sl-adopllon supporl lor lamllies and adults Fertility Counselling SeNca Nl (FCS) - Le8ding provider ol specialisi lertility counselling Next Slep . Support and counselling servKe foi birth lamllies TESSA - Therapeulic and education supporf for adopled children and their adoptive parenis. Famity Routes provides training and awareness raisiTrJ on adoption and let1ility related issues, and play$ a key role wfylhin Ihe sttlor. working in partnefshlp with a wlde range of voluntary and stalulrxy organisations, The objects lor whh the Chanty is eslabllshed shall be to provide SUPF<rt and professional services lo Childn, yourg people and adults alfected by adopiion, fertility and olher related family support issues Ihrough, but nol limited to, the following means: Worf<ing In partnership with organlsalions who Sha 8 similar vislon and purpw in order lo delivef beller outcomes for children. Yn9 people and adulls. Prov¢ding training io profesgonal organisations and other interested gmups: Conlribuling lo soctal underslanding and the reduction of sligma relating k) a range ol sen$ilbve issues which aff• chikrfren, young people and adulls. Achlevements and Perforniance The stralegic intention lor Famly Routes Adoption Service has been lo redirect our efforts away frcwn sdely offering placements to Engllsh L¢xal Authorllle8 to predominanlly placlng children who are in the care of Health & Social Care Trusts. 2022123 has seen Ihe successful building of capacity and capability in the *Jopiion seprfi wfjlh the aim ol achievin9 six Northem Ireland plaMentS in 2023124. The achievement of six placamenls would signifKanlly improve income in kne fulure. Fertility CounsellirwJ SeTrice recelved 475 new referrals In lolal. Th53 Is an Increase in recent years and Shov 8 slgn of tting back to Ihe referral rale before the pandemic. Nexl Slep received 30 new referrals. The Nexl Slep refeffal rale was slightly reduced because of reduced social seNices aclivity. TESSA received 45 new relerrals a marked Increase in prevlous years. We received 10 new adoDlion enouiries a decrease on last vear as well as 25 Dosl-adootion enouiries an increase on last vear.
Family Routes (A cornpany Ilmlted by guaran1••, nol h•vlng a Share capltall TRUSTEES. ANNUAL REPORT lor the Iln8nci81 year ended 31 March 2023 The TESSA program Lov• and Rage was run virtualty vAlh positive feedback. In January 2023 we were successful in being awarded two years funding of£180.0ts) from Ihe Nalional Lottery Community Fund. lo d81iver Ihe TÉSSA Service. Thè TESSA yogramme had been Sustai for a periad of twelve months by Family Routes wilhoul èxternal funding. We were also successful in being awarded £72.000 over two years to deliver a teenage adopiee programme under the Mental Health Fund. Flnanclal Ravlaw We slated last year, In cwr report, Ihal our simple financi81 goal for 2022123 was to operate al a surplu5 and make progress lowards reserves lor Ihe sake of resilience Sn Ihe organizAllon. Progress towards Ihis goal was lo be achieved through 8 righi-sizlng of our budget and adding addillonal Income slreoms, or increasing revenue from sources over whlch we could pracllcally Innuerbce, to make wo9ress lowards surplus and reseNes. In this ffinancial year we have achieved th8 goal ol reducing our expensès and gaining conlfol over our budgets. The surplus posilion is not ful fefkcllve of our financial perforrnance in Ihi$ year as il includes a revabJAlion on Ihe building. Tho largel, or benefil, remains lo build Tesllien¢e In Ihe org8nizalion Ihal prolecls it, and all its stakeholders, from external forces Ihal can so easiky distract and disfUPI Ihe good worf( beiro done in the third sector, Going concern The financlal slalements have been prepared on Ihe going concem basis, {Ch assurres Ihat Family Roules will conlinve in operalion for the 12 months from the dale of signing. Famity Route$ had a deficit of £39,199 in the year 10 31 Marth 2023, and al Ihat dale. the Charilable company's assels exceeded its liabilities by £114.056. The Iruslees have a reasonable expectation thai the cofflpany h89 adequate resources lo conlinue In operan•1 existencè for Ihe loreseeable lulure. The Iruslees have fAinsidered Ihe charily's predicted cashftow 8nd are confident that there are sufflclenl resoufces to enable Famlly Routes lo contlNe in operation lor the nexl 12 monlhs 8nd. as a result deem it appropriate lo continue lo adopt Ihe going concem basis In the Fyeparallon of Ihe financ181 $18tements lor the lollowing 12 months. 11 1$ ihe Tfusiees, vl8w Ihat financlal slalernenls are prep8red on Ihe golNJ con¢efn basls. Plans lor fuiure perlods 2023 marks the cnmmancemenl ol a new Ihree-year slralegl¢ plan. Thé ams oullined for year one Include Ihe achievement of six Northern Ireland specific adoplion placements. addItial development of the transgender fertility preSeallOn counselllng programme. securirKJ ihe Nexl Step tract and sustalning the TESSA and Origins Work. Reserv•s poll¢y Historically, Ihe charity has nol had a rotyjst reser4es pollcy. This Is being addressed through our financial slralegy wilh Ihe immedlale alm beSng lo achleve a swplus and then to mainlain le1VeS lor Ihe benefil of the charity. Rlsk Man•g•m•nt As wilh any org8nizallon we have varlous rlsks Ihat can derall us Irom achieving the alms and 0e¢lIveS for vthich we have been crealed. W8 have sought lo reduce some ol those risks this year. while building a rhsk managemenl framework. and have a plan in place lor Ihe ne financl81 year to continue making progress towards risk m8nagenKnl and rniligation.
Famlly Routes IA c•mpany Ilmlt•d by guar•nt••. not havlng a 8h4rn c•pllal) TRUSTEES. ANNUAL REPORT lty the financlal year ended 31 March 2023 Struclure, Governonc• and Managomenl Govemance Following our appoinlmenl of three Board members last year. we have conducted a further skills gap assessmenl and are seeking to recruit new board members to supply those skills and lo further strengthen Ihe Board. The Board continues lo work Ihrough a programme ofactivity lo identify the best, and most suslainable. ways lo build and maintain. for our long-term stsccess, our: Vision Slralegy Management and overslghl including Ihe inlroduclion ol key perfomiance Indlcalors, lor general health 88se8smenl of Ihe organlzallon, and an effeclive reportlng framework. Ov•rslght and Op•ration• We are using the substantial experience and skillsel of our Inlerirn CEO to condu¢l a full assessment and appraisal ol our organisalional position. and effecliveness, al th5s crilical juncture. Our goal is lo bènefit from a -fresh sel of eyes" and ensure that we are building effeclive syslems and processes, while CAintinuing to build a culture, Ihal will allow us lo meet our staled objectivès in the short, medium 8nd long term. Continue to deliver high quality. specialist services on limè and withln budget Implemanl a flnancial stralegy which resulis in a reduced reliance on $18tulory and granl incam•, divor8lfies Income slreams, and builds reserves Increasè engag&menl with a range of currer)l and PC4lential stakeholders, Includin9 service users, infomilng sep4ica dévelopment 8nd improvement. Inv¢•tmenl pollcy The charity does nol havè any SnIfICant Snveslments, The building Ihe charity owns was purchased in 2008 and is used as the main for the charity, il 1$ nol considered by Ihe Iruslees to be an inveslrnen¢ propety. Appolnlment of Trustees Th• Oir¢¢l¢rs of the Charity are Members ol Ihe 8oard's Generdl Purp088 and Fin8nce Committee {GPFC). Membershlp of the Board Is laid out In the Memorandum and Articles of Aisoclatlon. Board membershSp is also available through CQ*OPtion. The method allows for the potenllal recruitmenl on lo Ihe Board. persons wllh appropriale skllls and knowled9e. The Board recognises the need for a broad skill mix for rnernbers of Ihe GPFC In areas such as social Wofk, heallh. financial control and business. Truglee Inducllon and Iralnlng Induclion for new members of the board is a responsibility of the Board's Chief Execulive In conlunclion with commillee members. Wrilten and verbal informatlon on the Board, its slruclures and seNlco provision is provided. Slruclure. Governance and Management The staff team within Family Routes is led by thé CEO (Currently Interim) and compdses a Core teem of 4 818ff including social wo. counselling. support and admin roles, and a regional resource o150+ specialist Iherapisis, runSel10T5 and social workers. Family Roules is a charlty and is governed by a Board of Direclors. As sel out in Ihe Articles, Directors may be 8ppoinled by the current Board ol Directors and shall seNe for a period of three years, which period can be extended by a further three years by mutual agreemenl beiween the Board and the Director. On appoinlmenl as Director Ihat person shall become a member of the charity. Directors, including the Chair, may not serve more than six years consecutively. The Directors shall at all limes have in plarA policies lo ensure Ihal the selection of candidates is open and transparent and nominations criterla which shall flect the findings of regular skills and performance audits of Ihe Board. The Board are fully committed to a future for Famity Routes which is sustainable, relevant and responsive.
Family Routes IA cornpany Ilmlled by gyaranle•, n•1 hjvlng 4 8har¢ ¢apltall TRUSTEES. ANNUAL REPORT Ihe financial year ended 31 March 2023 Govwnlng Document The charity is a Company Limlled by Guarantee and Incorporated on 19th February 1990 and accepted by The Charity Commission for Northem Ireland as a Register&d Charity on 8th May 2015. Financial Reviow The results for the financial year are sel out on pagè 13 and additional notes are provided showing income and expenditure In greater detail. Financial Resulls Al the end of the financial year Ihe chaf*y has assels of £337,642 (2022 - £306,493) arKI liabilities of £223,586 (2022 - £253.2381. The nél £sséls of Ihe charity have increased by £60,801. Trusl•as The Iru8l¢e$ who $•rved thfoughoul the financial y•8r, oxcopi a8 roted, werè as follows: Joseph Copeland Marian Hall Gail Clarke (Appoinled 12 Decernber 2022) Rachel Johnslon (Appoinled 12 December 2022) Elizabelh Shaw Gillian Williamson Arthur Canning (Resigned 24 Oclober 2022) In acctydance wllh the CM8lllullon, Ihe trustees retire by rolalion and, being eli9ible, offer Ihemselves lor ieolection. TrUst'S R08pori8lblll1& In r•latlon to lh• flnanelal al•tem•nt8 The Intstees, tho are also d1recto of Family Routes for the purposes ol comp8ny18w, are responslb18 lor preparing the Trnslee's Rewl and financial slalemenls in accordance wilh applicable 18w and Unlled Klngdom ArxounlSng Sland8rdg {Uniled Kingdom Generalty Accepted Accounting Practica). Cornpany18w requlres Ihe tru$le•s as dire¢l¢r$ lo prepare flnanclal slaioments for each financlal year. Undar that law the trustees have electèd lo prepare the financial slalements in accordance wilh Uniled Kingdom Generalty Accepled Accounting Practice (Uniled Kin9dorn A¢¢ounling Standards and applicable lawl. Under ¢h8rilable company law the tntslees musl not approve Ihe financial ststemenls unless they are satisfied Ihal Ihey givè a true and fair vlew of the stale of affalrs of Ihe charity and of thé nel income or expenditure ol the charity lor Ih81 period. In pr8parin9 Ihese rinancial slalemenls. Ihe Irustses affj required 10.. - select suilable accounling policies and apply them conslstentty; - make iudgemenls and esllmales Ihat are reasmable and pyudenl: - obaerye the method8 and prfncipals in the Charities SORP; - prepare the financial statérnenls OTh Ihe going concem bas1$ unl•ss It is Inappropriate to pre8um8 th81 the charity will conlinu• in op•rallon. The trustees are reswnsible for keeping proper acwunling records which disclose wilh feason8ble atturacy al any lime Ihe financial position of the charity and lo enable Ihem lo ensure that Ihe ffinancial ststemenls comply with the Charilies Act (Northem Ireland) 2006. and all Regulalions lo be consind as one with Ihal Acl. They are also responsible for s8feguardin9 Ihe assels of Ihe charty and hence for taking reasonable steps for the prevenlion and deleclion of fraud and olher irregulavilies. Slatemen¢ as lo Dls¢losure 1¢ our audltors Each of the persons vtho is a Trusle8 at the date of approval of this report confi$ Ihat.. So far as each Trustee is aware, there is no relevant audll Inlorni8lk)n of which the charity's auditor is unaware: and Each Trustee has laken all sleps that they ought lo have taken as a Trustee lo make themselves awaffj ol any relevanl audit information and to establish Ihat the charity's audilor Is aware ol that inlorniatlon.
Famlly Routes IA ¢ompany Ilmlt•d by guarantee. not havlng a share capllall TRUSTEES. ANNUAL REPORT for Ihe financial year ended 31 March 2023 Audltors The auditors, Malon8 Accounling Ltd, (Chartered Accountants) have indicalad their willingness to continue in offlce in accordance wilh Ihe provis¢ons of Seclion 487 DI the Companie5 Act 2006. Thè Trustè•'$ annual report was approved by the Board of Trusl••s on Slh Septemb•r 2023 and slgn•d ¢n118 behalf by: JorepA Joseph Cop¢land Trustee Marian Hall Trus180
INDEPENDENT AUDITOR'S REPORT to Ihe Members of Family Routes IA compaDy Ilmltod by guargnlee, not luvlng a 8harn capltal) Report on the audit of th• financial stat•m•nts Oplnion We have audited the charity financbal ststeménts of Famity Routes ('Ihe thariv) for Ihe financial year ended 31 March 2023 which comprise ihe Slatemenl ol Financial Activities (incorporaling an Income and Expendllure Acc4wnll. the Balance Sheel, Ihe Stslement of Cash Flows and notes to the financial slalements, including the summary ol S3nificant aeeounlirwJ policles sel oul in Thjle 2. The ffinancial reporting Iramèwi)rf( thal has been applied in their preparation is apphcable law and Unlled Klngdom Acc(MJnting Stsndards. indudin9 FRS 102 Yhe Financial RepIng Stsndard apphcable in Ihe UK and Rewblic of Ireland" and Accounling and Reporting by Charib'es.. Stslément of ReCoMrKIed Praclice applicable lo charilies preparirrfj their accounls in accordance with FRS 102. In oplnion, when reportlro In accorrlance wilh a falr presenlalion fram8Vrk Ihe financl81 slatemenls.. 91Vé 8 trué and falr vlew of the slale ol the charity's aff8lrs a$ a131 March 2023 and ol Ils incoming r88ourcas and 8I>Plicatton of r•sour¢e8, InclLMYlng its Income and expenditure, lor Ihe ye8r ended,. have been properfy prepared In accordance wilh United Klngdom Generalty Acc4pted Accounilng Practlce: ha been prepared in acLX)rdan¢e with the requlremenls of the Companle$ Act 2006; Basis for opinion We conducted our audlt in accordance wilh Inlernational Standards on AuditirKJ {UK) (ISAS (UK)) and applicable law. Our responslbililies under Ihose standards are rther described In Ihe Auditorfs responsibililies lor Ihe audit ol the rinancial slalemenis section of our Port. We are independenl ol Ihe ¢harlty ID accordance wilh ethical Tequirements thal are relevanl lo our audil of ihè financgal statements in the UK. including the FRC'S Ethlcal Slandaid, and we have fulfilled our other elhlcal respoThslbililies in accordance wilh these requirernents. We believe thal Ihe audS1 evide we have oblained 1$ sufflcienl and appropriate 10 providé a basis lor our opinlon. In cornn with many other organisa113 01118 size, Family Routes us•s ils aud114ys lo Asslst wlth the preparalion ol the finandal slalemenls. Ctsneluilons f•latlng to golng conc•rn In audiling the financSal 818temenls. we haw condud•d Ihal Iha trustees. use of the going concem b8$i$ Of accounllng in the pr•paralion of Ihe financial statements is appfopriate. Based on the work we have performed, we have not idenlified any material uncertainlies laling to events or cor#Yiknns thal. individually or colleclivety. may cast significant doubt on the charivs ability to continue as a going concern for 8 period of at leasl twelv6 monlhs from the dale whan Ihe financial slalemefflts are authorised for issu•. Our responsibilities and Ihe respon8ibllitles of Ihe Iruslees wllh respecl to goiThJ ¢0M are described in Ihe relevanl secij'ons of this report. Other Information The olher InfamtIon comprlses the Inlorniailon Included In thé annubl raport other than the financlal siaternènts and our Auditorfs Report Ihereon. The Irusiees are responsible for the other infomialion e£)ntalned within Ihe annual report. Ir opinion on the financial stalemenls does rnl cover Ihe olher inforrTWtion and. except lo Ihe extenl oiheTr¥lse explicilly Slaled In our report, we do not expre83 any form of assurance condusion thereon. Our responsibility is lo read Ihe other inf0mtIOn and. in dolng so. consider whether Ihe other inforrnallon is malerial inconsistant wilh Ihe financial slatements or our knoad98 oblained in the course of Ihè audit. or othenvise appears lo be malerially misslaled. If we idents'fy such malerial inconsislencie5 or apparent material misslatemenls, we are required to delemine whell*r this gives rise to a material misstslerrenl in the financlal slatements themSee$. If. basecl on the work we have perfom)ed. we condude Ihat there is a maleiial misslalement of Ihis other informalion. we are required lo report Ihal f8cI. We have nothing to report In this gard. Oplnlon on other matter prescribed by th• Companl•s Act 2006 In our opinion. based on the work undertaken in the coursè of the audit: the information given in Ihe Tfuslees, Annual Report for Ihe financial year lor which Ihe financial slaternenls are prepared is consislenl wilh Ihe financial slatements; and the Trusle8s' Annual Report have been DreDared in 8ccordance wilh applicable leqal QuIrementS.
INDEPENDENT AUDITOR'S REPORT to the Members of. Family Routes IA ¢ompany Ilmiièd by guarhnteé, not havln9 4 sharfr c•pltill Matters on whlch we are requlred to report by exceptlon In the light of our knowledge and understanding of the charity and ils •nvSronmenl oblaintd in thè cx)ursa ol tha aLKlit. wè havè not identified material misslalemenls in the Trustees. Annual Reporl. We have nolhing lo report in respect ol the following matters where Ihe Cornpanies Acl 2008 requires us to report lo you if. in our opinion.. adequaie accounting records have not been kept., or Ihe financial slalements are not in agreement with the accounting records and returns; or certain disclosures of trustees, remuneration speafied by law are noi made; or we have not received all Ihe information and explanations we require lor our audit. R•sponslbllltl•s ol trust••s for th• financlal slatements AS explained more fully in tha Slalement of Trustaés, Responsibilities, the trustee8 are sponsible for the preparallon of Ihe fin8nci81 slalemenls and for being sallsfied that they glve a tfU6 2nd lalr vlew, and for such internal conlfol as Ih&y delemiine is necessary lo enable the preparalion of financial slalemenis Ihal 8r• Ir•e from malerl81 mi$$tatem8nl. whether duè lo fraud or error. In preparing Ihe financlal stalemonts, the ttusleeg are responsible for assessing Ihè charlty's ablllty to continue as a 90ing concern. disclosing, as applicable, matters related to going concem and using Ihe goin9 concem basis ol aCn11n9 unless management eilher intends to Ilquidate the charity or lo cease operalions. or has no realislic allernalive bul lo do so. Audltorfs responslbllliles for th8 audll of th• flnanclal statemenls Our objedives ar• to oblain reasonable assurance aboul vthether the financial slatements 8$ 8 vknle afe free from malerial misslalemenl, whether due to fraud or error. and lo issue an Audilor's Report that includes our opinion. R8asonabl8 assurance is a hlgh level of 8ssuranca, but 1$ not a guaranlee Ihal an audil conducted in accordance wilh ISAS (UK) will always delect a rnalerial missta18ment when it exists. Misslalem&nt$ C8n arlse from fraud or error and ar8 considered material il, individually or in the a99regale, they could rea8onably be expected to Influenc• Ihe economlc decisions ol users taken on th6 ba8ls ol th886 financial stalemenls. Further Inforniatlon regardlng the 8eop• of our rnsponslbllllles a8 audllor As part of an audit in accordanG8 wllh ISAS (UK). we exercise professlonal Judg•m•nl and maintaln professional sc•pticism throughout Ihe audit. Wé also: Identify and assess Ihe risks of malerfal mlsslalement of the whether due la Iraud or error, deslgn and perform audit procedures responsive to Ihose risks, and obtain audil evldence th81 is sulficient and appropriale lo provide a basis lor our opinion. The risk of not delecling a material misstalemanl resulting Irom Iraud is higher than lor oné resulling frorn error, as fraud may involve collusion, forgery, inlentional omissions, rnisrepresenlations, w the override of internal control. Obtain an understanding of Iniernal control relevant lo the audit in order to design audit procedures Ihat 8re appropriale in the circumslances, but not for the purpose ol expressing an opinion on Ihe effectsveness ol Ihe charit5 internal control. Evaluate Iho appfopfialeness of accounting policios used and the reasonableness of accounting e$ilmates and relaled disctOSUfes made by Iruslees. Conclude on the approprlalen8S8 of thé Ifu&lees' u$e ol the golng conc8m ba818 of accounting and, based on the audii evidence oblalned, whalher a m81erial uncartalnty exisis r•laled to evenis or eAindillons Ihat may casl slgnificani doubl on ihe chadty's ablllty lo continue as a 9olng concern.11 we LnClude Ihai a material uncertainty exists, we are required lo draw allention in our Auditorfs Report to the relaled disdosures in the financial statements Of, if such disclosures are Inadequate, lo mc*Jify our opinion. Our concluslons are based on the audit evidence oblained up lo the dale of our Audilorfs Report. However, fvture event5 Qr conditions rnay ouse the charity ce8se lo continue 8s a going concern. Evaluate Ihe overall presentation, struclure and content of the financial $talements, including the di10$$. and whether Ihe financial statements repiesent Ihe undertying transactions and events in a manner thal athieves (air presenlalion.
INDEPENDENT AUDITOR'S REPORT to the Members of Family Routes IA company Ilmlled by gu•r•nte•, not havlno o shar• ¢•pltal) We ¢MUnIca18 vAlh Ihos8 charged wrfth govefnance regarding, amoro other merters. Ihe planned scop8 8nd timing ol Ihe audit and slgnificanl audlt findlngs. includlrKJ any signifKant deficiencies n iniem81 cnIr01 Ihat we Idenlify during ojr audll. The purpose of our audlt work and t• whom we owe Quf r•sponslbSlltles This report is made solely lo the charitys members, as a body, in accordance with Chapter 3 of Part 16 of Ihe Companies Acl 2CrfJ6. Our audil work has been undertaken so that we might stale lo the charity's members those mattets we are requlred lo stsle lo them in an ajdilorfs report and for no other purpose. To the fullest exlenl permitted by law, we do nol accept or assuff£ responsibillly 10 anyone olher Ihan the charity ancl the charity's members as 8 body. for our audil work. for Ihis w)rt. or for thè opinions we have lormed. Brendan Malon8 FCA (Senlor Stalutory Audftofl MALONE ACCOUNTING LTD Charted Accounlanls 12 Causew8y Road Newcastle County Dovm BT33 ODL Northem Ireland 51h S•pt•mbef 2023
Famlly Routes IA company Ilmlted by guarantee. not havlng a share capltsll STATEMENT OF FINANCIAL ACTIVITIES Ilncorparatlng an Incomè and Expendlturè Account) for the financial year ended 31 March 2023 Unrestrlcted Reslrlcled Funds Funds 2023 2023 Total Unrestricted Restricted Funds Funds 2022 2022 Total 2023 2022 Notes Income Donations and legacies Charilable a¢tivilies - Gfanl$ from govemmenls and olher co-lunders Other trading aclivllles 13,886 550 14,436 5,234 200 5,434 177,814 171.500 349,314 197,568 228,073 425,639 48,282 48,282 Y,557 S4,557 Tolal incom• 239,982 172.050 412,032 257.357 228,273 485.630 Exp•ndltur• Raising funds Charitable activities 158,370 47,200 119.486 126.175 277,856 173.375 146,949 45,541 163.236 155.197 310,185 200,738 Tolal Expèndltur 205,570 245,661 451,231 192,490 318,433 510,923 Net Incomellexpendltur•> Transfefg belween fund$ 34,412 173,6111 (39,199) 64,867 5,257 190,1601 (25,293) {5,2571 Other r•cognls•d galnsl(lo$$•$l: Surplusl(deficil> for the rinanclal year Unrealised gaSnslllosses) on inveslmenls 34,412 (73,611) (39,199) 70,124 (95,4171 (25,293) 100,000 100,000 N•t movemenl In fund8 for the flnaneSal year 134,412 (73,6111 60,801 70.124 (95,417) <25,293) ftteonelllallon of fundg Balances broughl fopward al 1 April 2022 19 199,405) 152,660 53,255 (169,529) 248,077 78,548 Balan¢•$ Carrled lorw•rd at 31 March 2023 35,007 79,049 114,056 199,405) 152,660 53.255 The Slalemenl of Financial Activities includes all gain5 and losse$ r•¢o9nlsed in Ihe financial year. AU income and exp?ndilure relale to conlir)uing oclivilAes.
Family Routes IA ¢¢)mpany Ilmlied by gu•ranl••. not havlng a shal¢ ¢opllo11 STATEMENT OF FINANCIAL POSITION as al 31 March 2023 2023 2022 Notes Fixed Assets Tangible assets 13 232,805 142,069 Current Assets Deblors Cash al bank and in hand 14 63,973 40,864 82.420 82,004 104,837 164,424 Credltor8: Amounts falllng due wlthln one year 15 (97,823) (112.746> Nel Currènt Asse18 7,014 51.678 Tolal Assets less Currenl Llabilitles 239,819 193.747 Credltors Afflnts falling duè after more than one year 16 (125.763) (140.492) Nel Assets 114,056 53.255 Funds ReSIrted trust lund$ General fund (unreslrlcled) 79,049 35,007 152,660 199.405) Total lunds 19 114,056 53,255 Approved by the Board of Trustèès and aulhorlsed for Is8u• on 5th Seplembor and Signed on hs behaN by Joseph Copé&A61 Joseph Copeland Trustee Marlan Hall Trusteè
Family Routes STATEMENT OF CASH FLOWS lor Ihe financial year ended 31 Mardi 2023 2023 2022 Notes Cash flows Irom operatlng actlvitl•s Net movement in funds Adjuslmenls lor.. Gains and losses on inveslmenls Depreciation Inleresl payable and similar expenses Amortisalion ol capllal grants received 60,801 (25,293> 1100,000) 9.264 7,010 13,$34) 9,264 4,505 (26,459) (11.524) Movemenls in working c8pS181: Movement in debtors Movement in creditors 18,448 (11,390) (23,S86) (13.897) Cash generated from operalK)ns Inleiesl paid (19.4011 (7,010) <49,007) (4.505) Cash ge8rale0 from operaliw (26,411) {S3.512) Cash Ilows from flnanclng actlvlWes Repaymenl ol short lenn loan (14,729) {17.248) Net decrease In cash and cash equlvalents Cash and cash equlvalents at 1 Aprll 2022 (41,140) 82.004 {70,780> 152.764 Cash and cash equlvalenls at 31 March 2023 23 40,864 82.004
Family Routes IA company Ilmlted by guarantee, not havlng a shar• capStall NOTES TO THE FINANCIAL STATEMENTS for Ihe fin8ndal year ended 31 Marth 2023 GENERAL INFORMATION Famity Routes is a company Imited by guaranlee incorporated In Northern Ireland. The registered office of the conwny is Unil 2, 18 Heron Road, Betfast, County Antrim. BT3 9LE. Northern Ireland which is also Ihe principal place ol tsInesS of the company The financial statement$ have been presented In Pound SlerlirNJ {£) which i¥ 81s0 Ihe functiLal currency of the company. Stalem•nt ol ¢ompli4n¢• The financial statsments of the charity for ihe financial year ended 31 March 2023 have been prepawèd on the going eA)ncem basis and in aLYordance with the Slalementof Recofftmended Practice {SORP) 'Accounling and Reportlng by Charities preparing their accounts in accordance wilh the Flnancial Rewling Slandard applicable in Ihe UK and Republlc of Ireland FRS 102" The fdlowing 8ccounling policies have been applléd eonsislenlly In dèalln9 With Items whlch are nSIder material in relallon lo Ihe ch8rity's financial slatemenls. The charity 15 a Public eenefil Entity 8$ defined by FRSI02. Accountlng Pollcl•$ asls ol preparJtlon The financial slalaments have been prepad under Iho hlstorlcal cost convéntion. modlfied lo I1je certaln ilems ai fair value. The financial slalemenls have been prepared in accoxdance wilh Ihe Slalemenl of Recommended Practice {SORP) "Accounting 8nd Reporting by Charities preparhg Iheir %counls In accordance with the FInarla1 Reportin9 Standard applicable in the UK and Republic ol Ireland FRS 102". Fund a¢counllng The following are Ihe eaiegorlses of lunds mawilalned: Rostrlctèd lunds Resiricted funds represent income received 1¢h can only be used for particular purposes, as specified by Ihe donora. Such purposes are within Ihè overall obieclives of the d)arlty, Unr•strlcted funds Unrestricled funds consisl ol Gener81 and Dosignaled funds. - Gener81 funds represent amounts which are expendable 8t Ile discreliM of the boaftl. In furtherance ol Ihe obJ"eclNes of the charity. ()esignaled funds comprise unreslricled funds Ihal the board ha8, at ils discretion, sel aside for particular Purposes. These designations have an adminislr81ive purpose onty, and do not legalty restrict the board's discrelion to apply Ihe lund,
Family Route5 (A oompany Ilmlted ty guarantee. nol havlng a share capltsl) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 Accountlng Pollcles (contlnued) Income Incomlng Resources All incoming resources are included in the Sl8tèm8nl of Financial Aclivilies when the Charityls legalty enlilled lo Ihe income, il 15 P0Sle Ihal the income will be received. and the amounl can b8 quantified wilh reasonable accuracy. Granls Revenue grants are credSled lo Incoming resources in the earlier dale of when they are received or vthen they are receNable, unless Ihey relate to a Specified future perlod, in which case they are deferred. Grants lor the purpose of capital expenditure are credited lo reslricled incoming resources vthen receivable. IranslerTed lo deSnated funds on purchase ol asset and ihen released lo general fLNS over the related asset's useful life. Donations Donations received afe irtILMlad in the Ststement of Flnancial Aclivities upon receipt. Restflcted Funds Restricted funds are to be used lor specif¢ purposes as lald dovm by Ihe donor. Expondilure which meets these crileria is hjenlified lo the fund. tC3ether wilh a faiT allocation ol ovetheads and Support rA)sts. Unr•strl¢lèd lunds - G¢neral Unresiricled lurKIs 8re donaiions and olher incoffing rèsources recelved or generaled which are expendable al Ihe discretion of the Charity in lurtlrance of 11$ oblecllves. Incomo Incune is Ihe amnI derived from ordlnary actSvllles, and13 measured 81 Ihe fall value of Ihe conslderalion received or receivable. Incwle is received fr(xn the following sources.. DOH Core Granl Income GCRM Giant Income HSC8 Grant Income RFC Gr8nl Incomé Mental Health Inrne Halifax Grant Income Tessa Lollery Grant Ino)me Donations from churches and irKlividuals Conference & Iraining income Private counsdling income IAanagemenl Recharge Income Adoplion fees Income is reeognised K¥fien all ol the followlng eoNlhllons are $alisf*d'. la) Ihe economic benefits associaied wilh the Iransaclion will flow to the Charity {b) Ihe amwnt of lumover can be measured reliab Volunlary income or capilal is included in the Slatement of Financial Aclivities en Ihe company is legally entitled lo it. its financial value can be quantified wilh reasonable certainty and there is reasonable certainty of ils ullimale receipt. Income received in advance ol due perfomance under 8 contract bs accounted lor as deferred income until earned. Grants for activities are recognised as income when Ihe relaled rA)ndilions for legal ents'llement have been mel. All other income Is aecfjunted lor on an accwals basi$.
Family Routes IA company Ilmitsd by yJJrnnt••. not Iwlng • share capllal) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 Mar¢h 2023 Accounting Policies {conlinuedl Expendlture All resources expended are accounted lor on an accruals basis. Charitable aclivits'es indude costs of sep4ices and grants, support C4)sls arKI depreciation on related assels. Costs of generaling funds siffllarly include fundraising 8clivilies. N¢-Staff costs nol attributed lo one caiegory of tlty are allc¢aled or apportioned pro- rala lo the staffiNJ al the relevanl ser+iice. Finance, HR, IT and adminislrative siaff costs are direcuy altrl)utable lo individual aclivilies by (tljective. GOVern8r cos1$ are those associated wilh conslitutiCX)al and slalulory requirements. Exceptlclnal Items Exceplional items are IrBnsactions that lall within Ihe ordinary activiiles of the charity bul ara prasenled separately due to their size or incidènce. Significant Accountlng Judgements and kèy sourc•s of estimatlon un¢•rtalnty In Ihe applicallon ol Ihe ¢h8fitYs accounilng polldeg, Irusl8es arn required to make judgmenls, esllmales arKI assumpllons aboul the carryiry values of a33els and liabililias Ihal are Th)t readily apparenl from other source$. The eslimale8 and underlylng assumpllons are b8sed on historical experiencè and other factors Ih8t are considered lo be leVan1. Aclual results may dlffer Irom these ests'rnales. The esllmales and uTrJerfying assumptions are reviéwed on 8n ongolng basls. Revlslons lo aCtntIng estimales ar6 recognised in the perK)d In whlch the eslimale Is revised il the revision 8ffecls only Ihal period or in the pèriod ol the revision and fulure periods If the revlslon affecls bolh current and futurè périods. There are no crfilcal judgement5 made by Truslees that have a sigThficanl effecl on Ihe amounts reco9nised in Ihe financial stalemenls. Tanglble Ilxed assets and depreclallon Tangible fixed assets are slated al eosl or al valuallon. less aUmUlated depr8clation. The charge lo depfeclallon Ss c8lcul8led to Wfile off Ihe original cost or valua11 of laNJible flxed assets. less their 8slimaled residual value. over Iheir expeded useful lives 88 follows.. Buildlng Fixtures, filllngs 8nd equipmanl 4% Slraighl line 15% Slralghl lin¢ Thé carrylro values of I84n'ble fixed a$sel8 8fe reviewed annualty for imp8imienl In periods If avenls or changes In cSrcums18nces Indlcale the carrying value rn3y nol be recoverable. Al each b818nce sheel daté, Ihe charity revlews the carrylng amounls ol Ils properly, planl and eqthpmenl lo determine whalher Ihere Is any indicalion that any ilems of property, plant and equipmeni have suffered an Smpalrrnenl loss. If such an indlcalion exists, Ihe fecoverable amount ol an asset is estimatèd in order lo delemiine the extent ol Ihe irroainnenl loss. il any. Where il is nol Pogsible lo estimate the recoverable amounl of the asset, the charlty estirnates Ihe recoverable amounl ol the cash4Jeneraln9 unit to whtch the asset belongs. 11 the recoverable amounl of an assel is eslimated lo be less Ihan ils carryivwJ aunt. the carrying amounl of the assel is reduced lo its recoverable amount. lrnpairment loss is regniSed as an expense immediately. Where an impairrnenl loss subsequenlly reverses, the carrying amount of Ihe assel is increased lo Ihe revlsed estimate of ils rewverable amount, lo the extenl Ihal the increased carrying amounl does not exceed the carrying amounl that would have been deleThrned (net ol deprecialion) had no impairment loss been iecognised for the assel in prior years. A reversal of the inwirment loss is recognised as income immedialety. Depreciats'on is calculaled so as lo wiiie off Ihé eosi of an asset, less Is eslimaled residudl Vdlu¥. 01) a straighl line basis over Ihe uselul economic Ilfe of that asset as concemed. Where the recoverable afflounl of a fixed assel is found lo k below ils nel book value, Ihe assel is wrillen down to Ihe ie¢oveiable figure and Ihe loss on inpairmenl is reccgnised in the Stalement of FInarle1 Aclivilies. The Iruslees commissioned a review during the previous financial year of the property's Current market valuation by a professional esl8le agent, Slmon Brien. Simon Brien valued Ihe propety al £250,000 and the building has been ievalued in Ihe financial ststemenls.
Family Routes IA company by guar•ntee, nol havlng a ¥har• ¢apitsll NOTES TO THE FINANCIAL STATEMENTS continued for Ihe financial year ended 31 March 2023 Accounting Policies Icontinued) Leasing Rentals payable under operaling leases are deall wilh in the incwie and expenditure accounl as incurred over the périod of the rental a9reèmenl. Debtors Oebtors are staled after all kntjwn bad debts have been written off and speafic provision has been rnade againsl all debtors considered doubtful of collection. Income recognised by Ihe company from government agencies and other co-funders, bul nol yel recelved at year end. is induded in debtors. Cr•dSl0rs Creditors and provisions are recognised where Ihe Charty has a present oNigation re5ulling Irom a p8sI evenl that will probably resul1 in Ihe transfer of funds to a tPArd paty 8nd Iho amount due to sellle the Obligat be me8SUTed or estimaled reliably. Cash at bank and In hand Cash al bank and in hand inchjdes cash and short lem) hIgh required investmenls with a shtyrt maIrIty of three months rs less from the dale of opening ol the deposit or sirrmlar actnL Taxalion The Charity is recognised as 8 charity by HM Rèvenuè and Customs. charity reference number N101211. 11 is enlitled lo lax exemption on income and profils Irom inveslmenls. and surplus on any trading aclivilies carried on in furtherance of Ihe Charily's primary objeclives, if these profits or surpluses are 8pph.ed solety for charilable purposes. Grant8 paygbl• Income from goveTnmenl grants comprises incamè Irom HSCB ICA Next Slep and Departmenl of Healih cLYe grant. This funding has been induded in the financial slalemenlB under inwming r8scMJrc8s from charilable aclivities. Flnanclal Instruments The Charity onty has financial assels and financial liabililies of a kind Ihat qualify as basic financial instruments. Basic financial inslruments are initially recognised al transaction value and subsequenlly measured al their seltkmenl value wilh Ihe exception of bank loans which are subsequenlty measured al ihe carryiNJ value plus accrued inleresl less repayments. The financing charge to expeIllure is al a constant rate calculated usiig the effective interest melhod. GOING COhlCERN The Trusleès have Prepa0 a budg•t for a period of al leasl Iwelve Mth5 Irom Ihe dale of Ihe approval ol the financial 51alements which demonstrate that Ihere is no material unrtaInty regarding lh¢ charity'$ ability lo meet ils liabilities as Ihey fall due. and lo continue as a going concern. On this basls tha Trnslees consbder il appropriate lo prepare th8 financial slalements on a going concam basis. Accordingly, these tinancial statements do not incI]e any adjustrnents lo Ihe carrying amounts and classification of assels and liabillies Ihal may arise if the charity was unable lo ¢ontinue as a going coneem. INCOME OONATIONS ANO LEGACIES Unreslricted Restricted Funds Funds 2023 2022 InccAne Frtsn Donations 13,886 550 14,436 5,434
Family Routes IA Mmpany Ilmlted by guarantee, n•t hwlng 4 $har¢ capllall NOTES TO THE FINANCIAL STATEMENTS conlinued the financlal year erKled 31 March 2023 CHARITABLE ACTIVITIES Unreglflctod Rèstrleled Funds Funds 2023 2022 DOH Core Grant Income GCRM Granl Income Hsce Grant Income Management Recharge Income Private Counselliro Incoma RFC Granl Income Halifax Grant Adoption Assessments Incon* Ment81 Heallh Fund 70.499 29.500 70,499 29.500 171,000 16,871 70,499 35.600 186,OIY) 22.514 171,000 16,871 60,944 57,865 soo soo 8,505 36.073 177,814 171,$00 349,314 425.639 OTHER TRADING ACTIVITIES Unr&strl¢led R•8lrlcted Funds Funds 2023 2022 Incomino rere8$ from generated lunds 48,282 48,282 54.5S7 EXPENDITURE RAISING FUNDS Direcl Costs oih•r Costs Support Cosls 2023 2022 Ralsin9 funds 277,856 277,856 310,185 CHARITABLE ACTIVITIES Oirecl Costs Olher Costs Support Cosls 2023 2022 Reglslrallon & Professkonal Adopt Nl Famity C8re Resources & Malerlal8 Sessional conlraclor expenses Therapeulic services Tralning & Conference expenses Training to sclK)ols and 5UPPOrt services Governance Costs (Nole 6.3) 4,826 42,475 54,612 109 34,577 26,626 1,235 4,826 42,475 $4,612 109 34,S77 26,626 1,235 3.541 59,094 54.623 965 45.931 17,120 5,573 6.182 8,915 8,915 7.709 173,375 173,375 200.738 GOVERNANCE COSTS Dlrect Costs Other Costs Support Cosls 2023 2022 Charilable aclivili'es - govemance cosls 8,91 S 8,915 7,709
Famlly Routes (A company Ilmlt¢d by guarnnlee. vIng a $hOTe capltal> NOTES TO THE FINANCIAL STATEMENTS continued for Ihe financial year ended 31 March 2023 ANALYSIS OF SUPPORT COSTS 2023 2022 Adoplion UK hAanagement Recharge Adoption UK-Tessa Projecl Bank fees DeprecialK)n General Heal & Llght Insurance Interest Paid IT Sofvafe & Consumables Legal & Professlonal fees Management rechargo hAlleage expenses Operating lease payments Pension costs Prinling, kX)slage & staiionery Repairs & maintenance Room hlre Service charges Supervision Telephone & inlemet Travel Wages 4,200 4.200 1,009 5,730 2,448 3.720 g,oso 4,505 25.723 1,500 22,S14 1.537 1,618 11,852 (3,030) 1.317 16,932 9.430 1.425 8.398 1.101 166,654 500 5.730 2,714 2.555 8,910 7,010 7,S86 10,268 17,902 942 1,160 9,0S4 2,728 17,457 13,925 1,130 6,89S 160,452 277,856 301,833 NET INCOME 2023 2022 Net Incorne Is slated after ¢hargingllcrediling): Deprecialion of tangible assets Operaling lease rentals - Planl and machinery Audiiofs remunerallon: audil services Amortisation of grants recelv8blÈ 9,264 9.264 1,160 1,618 2,895 (3.534) 2.895 (3.534) INVESTMENT AND OTHER INCOME 2023 2022 Amortisalion of capilal grants received 3,S34 3.534 10. INTEREST PAYABLE ANO SIMILAR CHARGES 2023 2022 On bank loans 7,010 4.505
Family Routes IA ¢ompany Ilmlted by guar•Dl¢t. npl hJvlng a shar? ¢opltall NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 March 2023 11. EMPLOYEES AND REMUNERATION The staff costs comkyise: 2023 2022 Wages and salaries Pens1¢ Costs 160.452 9,054 166.654 11.852 169,506 178.506 Particulars of employees: The averag8 number ol employees duflng ihe year was 4 (2022.. 6>. No employee r¢c¢lv¢d tolal ernoyee b•n•fits lexcludlng empityér nsIon cxjsls) of More than £60.000. Trustees ernolument8 The Iruslees received no emolumenls or reSmbursement ol expens8s during the year (2022: £NII>. 12. GRANTS 2023 2022 Movemeni on outsiandin9 accrued 9ranl MmI1Men1S for the financial year.. Delerred ca tal grant brtsJghl forward 3,$34 13. TANG18LE FIXED ASSETS Bulldlng Flxluras. flttlng6 and •qulpm•nl Total Cost or Valuallon Al 1 April 2022 Revalualion 1SO.000 100.000 66,819 216,819 iOO,CK Al 31 March 2023 250.000 68,819 316,819 D•pr•clallon Al 1 April 2022 Charge for the financial yeaw 14.994 3,744 59.756 5,520 74,750 9.264 Al 31 March 2023 18.738 65,276 84,014 Net book value Al 31 March 2023 231,262 1,543 232,805 Al 31 March 2022 135,006 7.063 142,Cffj9 The Iruslees comrrissiowd a review during ihe previous financi81 year of the property's current rnartel valuallon by a professional estate agenl, Slmon Brien. SIM Brien valued the property al £250.000. 14. DEBTORS 2023 2022 Trade debtors Prepaymenls and accrued ino)me 59,560 4,413 82.420 63,973 82,420
Family Routes IA company Ilmlt•d by gu•i•nt¢•, not havlng • Gharo caplt•l) NOTES TO THE FINANCIAL STATEMENTS contin1 for the financial year ended 31 March 2023 15. CREOITORS Amounls falling due wlthln one yèar 2023 2022 Bank loan Trade credilors Taxalion and soclal securlly cosls (Note 17) Other eredilors Accruals and deferred income 21,740 31,023 34,548 21,740 29,501 44,437 10.000 7,068 10,512 97,823 112.746 CREDITORS Amount6 falllng du• aft•r m•r• than •n6 yeaf 2023 2022 Bank loan 125,763 140,492 Repayable in on8 year or less, or on demand {Note 151 Repayable between one and two years Repayable between ts¥o and five years Repayable in five years 01 rnore 21,740 21,740 65,220 38,803 21,740 21,740 65,220 53,532 147.S03 162,232 A18 Bank hold a leg81 mortg8gelcharg¢ *)ver Unll 2 Pllol's Vlew, Heron Road. Sydneh8m Buslness Park. 8ellasl registeréd In the name ol Famity Routes. 17. TAXATION AND SOCIAL SECURITY 2023 2022 Credltors: PAYE INI 34,548 44,437 RESERVES Revaluatlon reurve Funds Total At 1 Aprfl 2022 53.255 53.255 100,000 (39.199) 100,000 Oeficil for the financial year (39,199> At 31 March 2023 100.000 14,OS6 114.056 19. FUNDS 19.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestrlcted Restrlcted Funds Funds Totsl Fund5 Al 1 April 2021 Movemenl éuring ihe financlal year (169,529) 70.124 248.077 (95.417) 78.Y8 (25.293) At 31 March 2022 Movément during ihe financial yèar (99,405) 134,412 152.660 (73,611) 53.255 60,801 At 31 March 2023 35,007 79,049 114,056
Family Routes IA company Nmlted by guarantee. not havlng a share capltsl) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 3) March 2023 19.2 ANALYSIS OF MOVEMENTS ON FUNOS Balance Income expendSlur• 1 Aprll 2022 Transfers belween funds Galns and losses Balan¢¢ 31 March 2023 Reslrl¢ted funds Mental Heafth Next Step TESSA Halrfax 36,073 85,478 25,109 6.000 13,813 168,217 62,705 4.460 22,260 88.261 (33,512) 2,040 171,000 4.084 5CKI 152.660 175.584 249.195 79,049 Unrestrlcled lunds AdoplK)n Routes Family Rwles Fertility CounsellirvJ Services (66.525) 34,561 {67.441) 6,0gJ 142,458 91.434 49.715 74.248 81,607 (110.1SO) 202,771 (57,614) 1CK).000 {99.405) 239.982 205,570 100.000 3S,007 Tolal lund$ 53,255 415,566 454,765 100.000 114.056 RESTRICTED & UNRESTICTED INCOMe FUNDS Reslricted Iorne Irom ihe followlng Sources.. Next Slep - Support and counselling seNlce for birth13milies TESSA - Therap8ulic 8nd 8ducatk)n support lor adopted children and Ihelr *ipllve parents. Mental Health Fund Halifax Grant Income UnrestrKled income Irom the lollowlng SOUTce$; Fertility Counsellin9 SeNlce Nl (FCS) - LeadirKJ provider ol specialkst fertility counselling Family Routes Adoption Roules 19.3 ANALYSIS OF NET ASSETS BY FUNO Flxed assels - charlty use Current assets Cuwrent Long4erni liabililles Ilabllllles Total Resliicted Injst funds 138.364 164,424 (112,746 (125.763) 64,279 Unoslrieled general 94,441 25,99) (70,6S4 49,777 232,805 190,414 (183.400 (125,763> 114.056 20. STATUS The charity ¢s linwled by guarantee not having a share capital. The liability of ihe mernbers is limited. Every member of the cfjmpany vndertakes to contrlbule to the assets of the tompany in the evenl ol its being wound up while they are memters, or wilhin one year thereafter, for Ihe payment of the debts and liats'lilies of Ihe company conlracled before they ceased lo be members, and Ihe costs, Charges aThY expenses of winding up, and lor the adNistment of Ihe rights of the conlributors among themselves. such amount as may be fequired, not èxceeding £ 1.
Family Routes (A cornpany lknlted by guaranle8, ngt h4vlng a share capltall NOTES TO THE FINANCIAL STATEMENTS continued lor thè financial year ended 31 March 2023 21. RELATED PARTY TRANSACTIONS There are no relaled paty transaclions that requiie disdosure in Ihe financial slaterrEnls. 22. CASH AND CASH EQUWALENTS 2023 2022 Cash and bank balances 40,864 82,004 RECONCILIATION OF NET CASH FLOW TO MOVEMENT IN NET DEBT Openlng balance Cash flows Closing balance Long4erm borrowings Short-term borrowings (140,492) (21.740) 14,729 1125,763) (21,740) Tolal liabilities from flnancing activities (162.232) 14,729 1147.503) Tolal Cash at bank and in hand (Nole 23) 40.864 Total net debt 1106,639) 24. POST4ALANCE SHEET EVENTS Therè have been no signincanl events affecllng Ihe Charfty slncé thè financial y88r4nd. 25. FINANCIAL INSTRUMENTS The charity has elected to apply Ihe provislons of Secllon 11 'Baslc FSnan¢lal Instrumenis. ar Sectlon 12 'Olher Financial Instruments Issue5. 01 FRS 102 to all of ils financial instruments. The chaflty has only financial assels and financial Ilabilities of a kind that qualify as basic financial instruments. Basic finala1 instruments afe inilially recognised al Ir8nsaelion vae and subsequently measured al their settlement value with the exception ol bank loans which a subsequènily ffleared al amortised c/)sl using the effective interest melhod.