The Beeches Resource Centre Annual Report and Unaudited Financial Statements for the financial year ended 31 December 2024 Charity Number: 103707
The Beeches Resource Centre CONTENTS Page Reference and Administrative Information Trustees, Report ststement of Trustees, Responsibilities Independent Examiner's Report 10 Statement of Financial Activities 11 Balance Sheet 12 Notes to the Financial Statements 13-17 Supplementary Information relating to the Financial Statements 19
The Beeches Resource Centre REFERENCE AND ADMINISTRATIVE INFORMATION Trustees James Wilson Jonathan Wilson Company Secretary James Wilson Charity Number in Northern Ireland 103707 Company Registration Number N1024481 Principal Address 11 Lurgan Road Aghalee Craigavon Co. Armagh BT67 ODD Northern Ireland Independent Examiner Mccleary & Company Ltd Garvey Studios 14 Longstone Street Lisburn BT28 1TP Principal Bankers Danske Bank 4548 High Street Portadown BT62 1 LB Solicitors Mills Selig Solicitors 21 Arthur Street Belfast BT14GA
The Beeches Resource Centre TRUSTEES, REPORT for the financial year ended 31 December 2024 The trustees present their Trustees, Report and the unaudited financial statements for the financial year ended 31 December 2024. The financial statements are prepared in accordan with the Charilies Act {Northern Ireland) 2008, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Trustees, Report contains the infomialion required to be provided in the Trustees, Annual Report under the Statement of Recommended Practice (SORP) guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charity's constitution are known as members of the board of trustees. In this report the trustees of The Beeches Resource Centre present a summary of its purpose, governance, activities, achievements and finances for the financial year 31 December 2024. The charity is a registered charity and although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisalion has implemented its recommendations where relevant in these financial statements. Mission, Objectives and Strategy Mission Statement The charity's objectives and principal activities are lo.. 1 Advance education by providing opportunities for unemployed people who are leaming disabled to participate in programmes of integraled directed training and practical work experience for periods in each case not exceeding Iwelve months. 2 Promote the relief of those individuals with profound learning difficulties who are unable lo undertake vocational training by the provision of therapeutic facilities and activities. Public Benefit Purpose 1= The direct benefits which flows from this purpose include improved quality of life. more developed educational and social skills, better health and wellbeing, reduced stress on the disabled beneficiary and their family. a more independent life with greater integration with wider society with opportunities to have a more fulfilled family life, to study, work and be part of the community. Potentially the disabled beneficiary could be exposed to some risk, but benefits gained in terms of independence and self-confidence and improved quality of life far outweigh any real or potential risk. Risk is mitigated by good support planning including contingency plans. These benefits are evidenced through feedback from beneficiaries and their families together with statutory agencies and the other organisalions we work with. The beneficiaries are people with learning disabilities in Northern Ireland. Purpose 2= The direct beneffls which flow from this purpose indude stimulating beneficiaries with profound learning difficulties who would not otherwise be stimulated or have the opportunity to develop- this can be demonstrated through improved quality of life, better health and wellbeing, reduced stress and beneficiaries with profound learning disabilities not having to travel long distances to receive this level and quality of care. The beneficiaries are people with profound learning disabililies in Northem Ireland. No harm arises from this purpose. Trustees and Employees are required to deciare any conflict of interest that might arise. ACHIEVEMENT AND PERFORMANCE- April 2024- March 2025 The following infomiation is evidence of the Beeches Resource Centre'5 ongoing activities and benefits as related to our stated purposes. In selting our objectives and planning our activities for Ihe year the trustees have considered the Charity Commission for Northem Ireland's guidance on public benefit to ensure that the activities have helped to achieve the charity's purposes and provide a benefft to the beneficiaries. To this end the Centre has sought to use a wide range of local individuals and organisations to provide practical and informative advice. provides a diverse range on on-site activities and events that encourage each client to make and nourish social connections with friends and peers and to take care of their mental and physical health.
The Beeches Resource Centre TRUSTEES, REPORT for the financial year ended 31 December 2024 Activities with External Providers: ACR 21 facilrtated by Noel Lyons, Waste Promotions Officer noel.lyons@arc21.org.uk Workshops: o Halfmoon cushions o Flower making o Bag making Heatly Restart workshop, Jenny Groves Training & Administration Co-ordinator.. Food and mood o Self-care o Introduction to Understanding the Importance of Sleep Menopause seminar with Caroline McGarth Online Safety workshop with Caroline McGarth Music with Hanna Six Weeks Programme of Arts Encounter. Theatre without Walls with Christine Nelson from Island Arts Centre Lisburn & Castlereagh City Council Objectives: Enhance Self-Expression- Empower participants to express themselves creatively through dance and drama, encouraging communication and emotional expression. Improve Physical and Mental Well-being.. Promote physical activity, coordination, and mental stimulation through structured dance and drama exercises. Foster Social Interaction.. Provide a supportive environment for participants to interact, collaborate, and build friendships, reducing social isolation. Build confiden.. Encourage participants to take on roles and express themselves in front of others, boosting self- esteem and confidence. Celebrate Diversity.. Create an inclusive space that respects and celebrates Ihe diverse abilities and experiences of all participants. C&J Farm.. C&J Famis brought animals to the Centre. Clients had the opportunity to interact with various farm animals. enhancing their understanding of animals. Cultural Take Out, provided by the Irish Linen CentrelLisburn Museum. Clients designed mosaic coasters, learning about history and craftsmanship. Loan Box. A loan box from the Irish Linen CenlrelLisbum Museum contained household items from the past. Clients explored these items. learning about historical living. Tom the Music Man.. A music and dance session where clients sang and dand along to their favourite songs. This activity helped improve coordination. memory, and overall emotional wellbeing. Empathy Creations, with Nicky T., funded by AVH. Activities for New Skills and Wellbeing Improvement.. Walk this May o Clients participated in a community-based event. walking laps outside and at the local park to promote physical activity and wellbeing. Ice Cream Van Organised by Kyle, this activity involved enjoying ice cream on a wam day. It promoted social interaction and enjoyment in a relaxed setting. Pebble Art Clients engaged in creating pebble art while learning about recycling. This activity promoted creativity, mindfulness, and environmental awareness. World Art Day o Clients participated in a collaborative 4-piece art project using various mediums. This helped develop creative skills and provided an opportunity for self-expression. Earth Day o Clients took part in a scavenger hunt, art creation, and worksheets related to Earth Day. The activity encouraged environmenlal awareness and fostered a sense of community. Farm Project Clients learned aboul farm animals. farming equipment, and how vegetables are grown. This was an educational project that boosted knowledge about agriculture and sustainability. Easter Baking Clients baked and decorated Easler-themed treats. including cheesecake cups. Malteaser traybakes, and fairy cakes. This promoted teamwork, creativity, and an apprecialion for cooking.
The Beeches Resource Centre TRUSTEES, REPORT for the financial year ended 31 December 2024 Quarterly Newsletter Project Clients are involved in producing a quarterly newsletter that helps improve their computer skills while allowing them to share their experiences with the community and families. This project boosts digital literacy and socialisation skills and provides a sense of accomplishment. As well as these events. Centre staff follow an in-house programme of varied activities and events designed to support the development and maintenance of key personal, daily living, and social skills of our clients. They help to build the participants, confidence and cover a variety of disciplines including communication, healthy living, mental health, and mindfulness. The needs and progress of each client is assessed continuously. and regular reviews are held to discuss and review the personal and social development of each client as well as any challenges they face and changes in need that may affect their pl8Ment. Future We remain mindful thal both statutory and voluntary community services fa serious challenges in respect of both long-temi funding and recruitment and retention of staff. Our key action for the next year will be to continue to focus on recruitment and retention of slaff to ensure the service's sustainability through a robust and well led staff team. Objectives FINANCIAL REVIEW Financial Position The Beeches operates in an economic environment of financial insecurity for many organisations in the voluntary and community sector. Vvhile the Beeches enjoys the continuing financial support of our principal funder (South Eastern Health and Social Care Tnjstl. this support is reviewed annually and this structural uncertainty regarding long-lerm financial security makes setvice development an ongoing challenge. Sound corporate governance and adherence to financial management good practice has resulted in a positive outcome for the period. Principal funding sources Aside from a Small proportion of income generated via the sale of goods. the principal funding sources for the charity are by way of grant income. These are detailed in the notes to the Financial Stalements. Investment policy Except for retaining reserves each year most of the charity's funds are to be used for continuing operation so there are few funds available for long term investment. The trustees have decided that the likely retum on any investmenl would not make it prudent to commit any funds at this time to long term investments. Reserrfes policy The trustees have examined the charity's requirements for reseNes considering the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be for 3 months. Expenditure for 2024 is £357.546, therefore the target is beeen £85K and £95K in general funds. This level of reserves is needed to meet the working capital requirements of the charity and the trustees are confident that at this level we would be able to continue the current acttvities of the charity in the event of a significant drop in funding. The present level of liquid funds available to the charity is £139,499 which falls well within the target range. In the short lerm Ihe trustees have also considered the extent to which existing activities and expenditure could be curtailed. should such circumstances arise. Governing document The organisation is a charitable company limited by guarantee, incorporated on 17 May 1990. The company has a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exedIng £1.
The Beeches Resource Centre TRUSTEES. REPORT for the financial year ended 31 December 2024 Organisational structure Under the requirements of the Memorandum and Articles of Association the Subscribers to Ihe articles shall be members of the Company. The Beeches Resource Centre has a Board of Members of not less than three members {a quorum). Members are approved by ihe directors. Members may leave at any time by giving the required notice. Membership is not transferable and aSeS on death. Under the requirements of the Memorandum and Articies of Association there shall be no less than directors. The Directors of the company are also charity trustees for the purposes of charsty law and under the company's articles are known as Directors of the Company. Directors may exercise all the powers of the Company. At present there are two trustees. They have overall responsibility for strate9ic planning, policy development, risk management and financial governance. The trustees delegate authority to a Registered Manager for day-to-day administration of these matters. The Registered Manager has responsibility for managing all day-to-day operations and service delivery processes in accordance wilh the charity's stated purposes. Induction and training of new trustees New Trustees are invited to an induction meeting to familiarise themselves with the charity and the context within which it operates. These are facilitated by an existing director of the Company, they cover: The obligations of the Board of Trustees. - The content of the Memorandum and Articles ofAssociation. The Committee and decision-making prO$SeS. Current financial position. Plans and objectives. Candidates are encouraged to attend a series of quarterly management meetings to familiarise themselves with the work before committing themselves to the role if this is agreed as appropriate. Trustees are encouraged lo attend appropriate training events in-house and external. where these will facilitate the undertaking of their role. Related parties Related Party transactions are shown at note 18 on the Financial Statements. Structure, Governance and Management Structure Risk Management.. The trustees have undertaken a review of the rtsks to which the charity is exposed. Systems or procedures have been established to mitigate the risks the charity faces. These include having in place a Risk Framework and Risk Register. The truslees delegate elements of the risk management process to the Registered Manager and her management team, while retaining responsibility to review and consider key aspects of the process and result5. Trustees retain responsibility to monitor the charity's corporate govemance systems. Trustees recognise that a sound internal control system, embedded in operational activities. that is responsive to internal and external changes and immediately addresses identified control weaknesses is a key and essential component of risk management. Identified principal risks include.. ' Govemance Operational Financial External Compliance (law or regulation)
The Beeches Resource Centre TRUSTEES, REPORT for the financial year ended 31 December 2024 Key controls used by the charity include.. Formal agendas, minutes. and action plans for all trusteelmanagement activity- Strategic planning, budgeting, and management accounting. Established organisational structure, lines of reporting, segregation, and delegation of duties. Formal written policres and procedures for HR, finance. risk management, health and safety etc. Clear authorisation and approval levels. Data Protection and Information.- The trustees are very conscious of their responsibilities regarding the use and protection of data in relation to client personal data and its appropriate use. The truslees are satisfied that appropriate actions have been taken and policies are in pla to ensure Ihat as far is possible, the charity is compliant with the requirements of GDPR. Uncertainties.. The charity's operational funding relies on a single statLrtory source. We are encouraged that a new assembly is in place. However, this has not yet Iranslated inlo a published programme for government, and we await details about the regional strategy for delivery of health and social care ServIS in the future. As such. our funding continues to be renewed on a year-to-year basis. The charity has a good reputation, has consistently excellent monitoring reports from RQIA and ils services and programmes are effective and highly valued by its beneficiaries. The trustees believe the charity has an excellenl management leam, strong staff, and good governance protocols. Financial Review The results for the financial year are set out on page 11 and additional notes are provided showing income and expenditure in greater detail. Results and Dividends At the end of the financial year Ihe charity has assets of £193,956 (2023 - £183,490) and liabilities of £20.342 (2023 - £11,567). The net assets oflhe charity have increased by £1,691. In accordance with the Constitution, the trustees retire by rotation and. being eligible. offer themselves for re-election. Compliance with Sector-wide Legislation and Standards The charity engages pro-actively with legislalion. standards and codes which are developed for the sector. The Beeches Resource Centre subscribes to and is compliant with the following.. The Charities SORP (FRS 102) Approved b _th Board of Trustees on 25 September 2025 and signed on its behalf by: mes ilson
The Beeches Resource Centre STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 December 2024 The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations. The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the assets, liabilities and financial position of the charily as at the financial year end date and of the surplus or deficit of the charity and othetwise comply with the Charities Act (Northern Ireland) 2008. In preparing these financial statements, the trustees are required to.. selecl suitable accounting policies and apply them consistently., observe the methods and principles in the Charities SORP make judgements and accounting eslimates that are reasonable and prudent,. state whether the financial statements have been prepared in accordance with applicable accounting standards, identify those standards, and note the effect and the reasons for any material departure from those standards.. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees confirm that they have complied with the above requirements in preparing the financial statements. The truslees are responsible for keeping adequate accounting records thal are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Board of Trustees on 25 September 2025 and signed on its behalf by: ilson rust
The Beeches Resource Centre INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF THE BEECHES RESOURCE CENTRE I have examined the financial statements of the charity frjr the financial year ended 31 December 2024, which comprise the Statement of Financial Activities, the Balance Sheet and the related notes. This report is made solely to the charity's members, as a body, in accordance with the Charities Act (Northern Ireland) 2008. My work has been undertaken so that I might compile the financial statements that I have been engaged to compile. report to the Board of Trustees that I have done so, and state those matters that I have agreed lo state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's members. as a body. for my work, or for this report. Respective responsibilities of trustees and examiner The charity's trustees are responsible forthe preparation of the financial statements in accordance with the requirements of the Charities Act {Northern Ireland} 2008. The charity's trustees consider that an audit is not required for this financial year under the Charities Act (Northern Ireland) 2008 and that an independent examinalion is required. It is my responsibility to.. examine the financial statements under section 65 of the Charities Act., follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ireland under section 65{9){b) of the Charities Acl.. and stale whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity financial stalements as required under section 65 of the Charities Act and my examination was carried out in accordan with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented wilh those records. It also includes consideration of any unusual items or disclosures in Ihe financial statements and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the statement below. In connection with my examination. no matter has come to my attention which gives me cause to believe that in, any matertal respect: accounting records were not kept in accordance with section 63 of the Charities Act the financial statements do not accord with those accounting records the financial statements have not been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) there is further information needed for a proper understanding of the accounts to be reached. Independent examinerfs statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. John M¢Cleary FCA MCCLEARY & COMPANY LTD Garvey Studios 14 Longstone Street Lisbum BT28 1TP Dats: 25 September 2025 10
The Beeches Resource Centre STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 31 Dember 2024 Unrestricted Funds 2024 Total Unrestricted Funds Funds 2024 2023 Total Funds 2023 Notes Income Donations and legacies Other income 358,679 558 358,679 558 333,860 68 333,860 68 Totsl income 359,237 359,237 333,928 333,928 Expenditure Charitable activities 357.546 357,546 297.054 297,054 Net incomel{expenditure) 1,691 1,691 36,874 36,874 Transfers between funds Net movement in funds for the financial year 1,691 1,691 36,874 36,874 Reconciliation of funds: Total funds beginning of the year 16 171.923 171,923 135,049 135,049 Total funds at the end of the year 173,614 173,614 171.923 171,923 The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities. The notes on pages 1310 17 form part of the finanrAal stslemenls 11
The Beeches Resource Centre BALANCE SHEET as at 31 December 2024 2024 2023 Notss Fixed Assets Tangible assets 10 34,115 18,675 Current Assets Debtors Cash at bank and in hand 11 60,414 99,427 44.766 120,049 159,841 164,815 Creditors: Amounts falling due within one year Net Current Assets 12 (20,342) (11.567) 139,499 153.248 Total Assets less Current Liabilities 173,614 171,923 Funds General fund (unrestrtcted) 173,614 171,923 Total funds 16 173,614 171.923 The financial statements have been prepared in accordance with Ihe provisions applicable to companies subject to the small companies, regime and in accordance with FRS 102"The Financial Reporting Standard applicable in the UK and Republic of Ireland" applying Section 1A of that Standard. Approved by the Board of Trustees and authorised for issue on 25 September 2025 and signed on its behalf by mes son The notes on pages 13 to 17 fom part of the financtal slalements 12
The Beeches Resource Centre NOTES TO THE FINANCIAL STATEMENTS for Ihe financial year ended 31 December 2024 GENERAL INFORMATION The Beeches Resource Centre is a charity incorporated in Northern Ireland. The regislered office of the charity is 11 Lurgan Road Aghalee. Craigavon, Co. Armagh. BT67 ODD, Northern Ireland which is also the principal place of business of the charity. The financial statements have been presented in Pound (£) which is also the funclional currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing wilh items which are considered material in relation to the charity's financial statements. Basis of preparation The financial statements have been prepared on the going concern basis under the historical cost convention. modified to include certain items al fair value. The financial statements have been prepared in accordance with the Slatement of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. As permitted by the Companies Act 2006, the charity has varied the standard formats in thal act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard fomiats are to comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP. Statement of Compliance The financial statements of the charity for the financial year ended 31 December 2024 have been prepared on the going concern basis and in accordance with the Stalement of Recommended Practice ISORP) "Accounting and Reporting by Charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Stsndard. Fund accounting The following are the categories of funds maintained.. Restricted funds Restricted funds represent income received which can only be used for particular purposes, as speafied by the donors. Such purposes are within the overall objectives of the charity. unstrICted funds Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Income Income is recognised by inclusion in the Statement of Financial Activities only when the charity is legally entitled to the income. performance conditions attached lo the item(s) of income have been met, the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the charity. Expenditure Expenditure is analysed between costs of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosed. and analysed according to their major components. Expenditure is recognised when a legal or constructive obligation exists as a result of a past event. a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the charity but cannot be attributed to one activity. Such costs are allocated to activities in proportion to staff time spent or other suitable measure for each activity. Tangible fixed assets and depreciation Tangible fixed assets are slated at cost or at valuation. les5 accumulated depreciation. The charge to depreciation is calculated to wrile off the original c05t or valualion of tangible fixed assets. less Iheir estimated residual value. over Iheir expected useful lives as follows.. Land and buildings freehold Fixtures, fittings and equipment 10 % Reducing balan 250/0 Straight line and 25 % Reducing balance Leasing Rentals payable under operating leases are dealt with in the profit and loss account as incurred over the period of the rental agreement. 13
continued The Beeches Resource Centre NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2024 Debtors Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Income recognised by the charity from government agencies and other co-funders. but not yet reIved at financial year end, is included in debtors. Cash at bank and in hand Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice ol withdrawal. Taxation and deferred taxation No current or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverable valued added tax is expensed as incurred. Pensions The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Annual contributions payable to the charity's pension scheme are charged to Ihe profit and loss account in the period to which they relate INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2024 2023 Donations and legacies 358,679 358,679 333.860 OTHER INCOME Unrestricted Restricted Funds Funds 2024 2023 Other income 558 558 68 EXPENDITURE CHARITABLE ACTIVITIES Direct Costs Other Costs Support Costs 2024 2023 Expenditure on charitable activities 128.978 228.568 357,546 297.054 SUPPORT COSTS Charitable Activities 2024 2023 Accountancy and legal fees Slaff training Pensions Social security Wages Protective clothes & catering Transport costs 2.544 435 3,160 11,933 206,273 1,419 2,804 2,544 435 3.160 11,933 206.273 1,419 2,804 3,024 1,858 3,785 5,972 179.554 1.445 6,381 228,568 228,568 202,019 14
continued The Beeches Resource Centre NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2024 ANALYSIS OF SUPPORT COSTS Basis of Apportionment 2024 2023 Accountancy and legal fees Staff training Pensions Social security Wages Protective clothes & catering Transport costs 2,544 435 3,160 11.933 206.273 1,419 2,804 3,024 1,858 3.785 5,972 179,554 1.445 6,381 100/4 100% 1000/0 228,568 202.019 NET INCOME 2024 2023 Net Income is stated after chargingl{crediting): Depreciation of tangible assets Operating lease rentals Molor vehicles 11,703 5,472 3.685 5,760 INVESTMENT AND OTHER INCOME 2024 2023 Sundry income 558 68 INTEREST PAYABLE AND SIMILAR CHARGES 2024 2023 On bank loans and overdrafts 268 270 EMPLOYEES AND REMUNERATION Number of employees The average number of persons employed (including executive trustees) during the financial year was as ft)Ilows'. 2024 Number 2023 Number Direct care staff Management and admin 11 The staff costs comprise.. 2024 2023 Wages and salaries Social security costs Pension costs 206,273 11,933 3,160 179.554 5,972 3,785 221,366 189,311 15
continued The Beeches Resource Centre NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2024 10. TANGIBLE FIXED ASSETS Land and Fixtures, buildings fittings and freehold equipment Total Cost At 1 January 2024 Additions 124,396 122,423 27,143 246.819 27,143 At 31 December 2024 124,396 149,566 273,962 Depreciation At 1 January 2024 Charge for the financial year 118,860 554 109,284 11,149 228,144 11,703 At 31 December 2024 119,414 120,433 239.847 Net book value At 31 December 2024 4,982 29,133 34.115 At 31 December 2023 5,536 13,139 18.675 11. DEBTORS 2024 2023 Trade debtors Other debtors Prepayments and accrued income 742 51.945 7,727 1,523 38.175 5,068 60,414 44,766 12. CREDITORS Amounts falling due within one year 2024 2023 Trade creditors Taxation and social security costs (Note 13) Other creditors Accruals and deferred income 1.228 2,745 11.759 4,610 3,473 3.099 895 4,100 20,342 11,567 13. TAXATION AND SOCIAL SECURITY 2024 2023 Creditors: PAYE I NI 2,745 3.099 14. PENSION COSTS - DEFINED CONTRIBUTION The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. Pension costs amounted lo £3,160 (2023 - £3,785). 16
continued The Beeches Resource Centre NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2024 15. RESERVES 2024 2023 At the beginning of the year Surplus for the financial year 171,923 1.691 135.049 36,874 At the end of the year 173,614 171,923 16. FUNDS 16.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestrictsd Funds Total Funds At 1 January 2023 Movement during the financial year 135,049 36,874 135,049 36.874 At 31 Dember 2023 Movement during ihe financial year 171.923 1,691 171.923 1.691 At 31 December 2024 173.614 173.614 16.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 January 2024 Income Expenditure Transfers Balance beeen 31 December funds 2024 Unrestricted funds Unrestricted General 171,923 359,237 357,546 173,614 Total funds 171,923 359.237 357,546 173,614 16.3 ANALYSIS OF NET ASSETS BY FUND Fixed assets - charity use Current assets Current liabilities Total Unrestricted general funds 34.115 159,841 (20,342) 173.614 34,115 159,841 120,3421 173.614 17. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial year-end. RELATED PARTY TRANSACTIONS 18. During the year the Charity had the following related party transactions with The Beeches Professional and Therapeutic Services Limited. Rent of £23,000 (2023.. £23.000) and Management Charges of £7,874 (2023.. £7,874) were charged to the charity. At the balance sheet date, the net amount due from The Beeches Professional and Therapeutic SeNice5 Limited was £40,512 {2023= £38,175). 17
THE BEECHES RESOURCE CENTRE SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 18
The Beeches Resource Centre SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Slalement for the financial year ended 31 December2024 2024 2023 Income 358,679 333.860 Expenses Wages and salaries Social security costs Staff defined contribution pension costs Staff training Establishment costs Protective clothing and catering Cleaning Security and maintenance Printing, postage and stationery Telephone and software costs Hire of equipment Motor vehicle leasing Motor expenses Legal and professional Accounlancy Staff welfare General expenses Depreciation 206,273 11,933 3,160 435 47,906 1,419 3,199 41,001 1,243 3,954 1,804 3,685 2,804 11.278 2,544 1.262 1,675 11,703 179,554 5,972 3,785 1.858 46,831 1,445 5,095 8,835 1.109 8,509 1.592 5.760 6.381 9.604 3,024 828 1,130 5.472 357.278 296.784 Finance Bank interest paid 268 270 Miscellaneous income Sundry income 558 68 Net surplus 1,691 36,874 The supplernentary information does not fomi part of the financial slatements 19