COMPANY REGISTRATION NUM8ER: N1634486 CHARITY REGISTRATION NUMBER: 106299 Life Change Changes Lives Company Limited by Guarantee Unaudited Financial Statements 31 October 2023 NIALL FARRELL FCA Chartered accountants Farrell Accountsnts Limited 16 Upper Square Castlewellan Co Down BT319DD
Life Change Changes Lives Company Limited by Guarantee Financial Statements Year ended 31 October 2023 Page Trustees, annual report (incorporating the directorfs report) Independent examinerfs report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position 10 Notes to the financial statements 11
Life Change Changes Lives Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directof s Report) Year ended 31 October 2023 The trustees, who are also the directors for the purposes of company law. present their report and the unaudited financial statements of the charty for the year ended 31 October 2023. Reference and administrative details Registered charity name Lrfe Change Changes Lives Charity registratlon number 106299 Company registration number N1634486 Principal office and registered 41 Market Street offbce Downpatrick Co Down BT30 6LP The trustees Mrs Beck Mrs Looby Mr Casement Mr Devon Mrs McGivem Mrs Leach Mr Beckett Ms Hood Mr McGrath Ms Trimble Mr Martin Independent examiner Niall Farrell FCA Faell Accountants Limited 16 Upper Square Castlewellan Co Down BT319DD
Life Change Changes Lives Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) {continu8dJ Year ended 31 October 2023 Structure, governance and management The organisation is a Company Limited by Guarantee. not having a share capital and satisfies the criteria set out in Section 60 of the Companies Act 2006 whereby it is exempt from the use of the word "Limited" as part ol the company name. The company is govemed by a Memorandum and Articles of Association. The liabilty of each member of the company is limited to a contribution, in the event of winding up the organisation, of an amount not exceeding £1. The Directors have ultimate legal and financial responsibilty for the affairs of LCCL, although the management of the organisation is delegated to the staff and volunteers, through the Chairperson and other Board Members. Stsfflvolunteer meetings are held on an ongoing basis usually twice monthly. The Directors of the company at 31 Octob8r 2023, all of whom have b88n in office for the whole of th8 period ended on that date. unless otherwise stated. are listed below. LCCL has an induction program for new directors in which directors are advised of their legal responsibilty and requirements.
Life Change Changes Lives Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (contlnuodl Year ended 31 October 2023 Objectives and activities In setting our objecb'ves and planning our activities for the year the trustees gave careful consideration to the Charity Commission for Northem Ireland's guidance on public benefit to ensure that the activities have helped to achieve the charitys purposes and provide a benefit to the benefiaaries. LCCL was registered with the Charity Commission Nl on 231512017 and operates its project Pop up Art as a social enterprise. The core activity of LCCL is providing aftercare non-residential services to support those affected by mental ill health, addiction. social isolation andlor suicidal ideations through the provision of counselling, art as therapy, social inclusion and activity designed to increase the sense of wellbeing and increased capacity to make healthier lrfestyle choices. LCCL is dedicated to the. _ The advanrnent of health or the saving of lives - The advancement of citizenship or community development - The advancement of environmental protection or improvement- The relief of those in need by reason of youth. age. ill-health. disability, financial hardship or another disadvantage The charity manages the Project premises where Creative Therapy and Professional Counselling are provided for members of the community with mentsl health drfficulties, addictions and those who suffer from social isolation. The service is provided within a safe and confidential therapeutic framework delivered by professionally qualified counsellors to all individuals without distinction of age, sex, sexual orientation. gender, ra, religion and polFtical or other opinion. Mentsl Health-related education courses are organised, particularly relating to Cognttive Behavioural Therapy (CBT) and Suicide Intervention., training and personal development and peer mentoring is provided by partner agencies in various venues. People from an offending background are encouraged in Meeting their bail conditions, court attendances and liaison with PSNI and Probation Officers. Educational and Fun activities are organised off site to broaden experience and provide new interests for members. LCCL will provide individual counselling, group work, educational workshops, art as therapy, activities and educational information and literature. Our vision is to provide a centre of excellence for after care services based in Downpatrick an area of high social deprivation and suicide rate to support our core aims with the object of achieving wellness and quality of life for those affected by mental ill health, addiction. social isolation andlor suicidal ideations. We review our aims. objectives and activities each year. The review looks at the success of projects and programmes for the outcomes of each element. The review also helps us ensure our aims. objectives and activities remain focused on our stated purpose.
Life Change Changes Lives Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contlnu8d) Year ended 31 October 2023 Achievements and perforniance LCCL have continued to deliver BACP Counselling. Creative Therapy, Daily Lunch and Activities and developing innovative ways of providing services and ensuring that our participants are engaged and feel supported. We recognise that social connection and interaction is one of the strongest predictors of well-being, thus potentially impacting Ihe mental health of a person. Overall, we had a very successful reporting peri(MJ. We achieved over and above all of our funder and organisational goals and saw increased attendanS for all of our service provisions. We implemented an extensive renovation in response to the increased attendances: our rnanager completed The Level 4 Certtficate and Extended Certificate in ProvKling Social Security Advice with Advice Nl., The Manager and Lead Counsellor attended training courses to further their Continued Professional Development and remain updated on emerging works. During this reporting time, we maintained a minimum base of 17 regular volunteers in our shop and workshop. delivered training, support and engagement for our participants, assisted in reducing social isolation and food poverty, provided free and accessible on demand BACP counselling. and engaged with several partner agencies. We were able to secure a new 5 year lease with our landlords at a reduced rent and are indebted for the help and advice of Mary Lou Press of Alexander Reid & Frazer who visited the premises and undertook negotiations with our landlord to help us renew our lease and secure a rent reduction for the period negotiated. Our manager Ailish Teague and two participants attended the Nltrd studios and featured in an interview recorded for the Robin Elliott show speaking about the services and benefits of LCCL & Pop up Art through the intervention of Conal Mongtomery who continues to contribute to fundraising and raising the profile of our organisation. In February. we commenced group recovery meetings. achieving 58 meetings over this period with attendances totaling 443 who have benefited from the groups. We were fortunate to be able to call on 8 guest speakers to share their stories of recovery and commitment to sobriety. In April, LCCL celebrated 10 years of operation and Ailish and Manus Teague were presented with a weekend break from the participants past and present, volunteers and directors for their continued work and dedication to the organisation and the people we serve. At our AGM, a motion of thanks was made to outgoing Chair Mrs Helene McGivern and our new Chair Mrs Dawn Beck was welcomed to the position. Helene McGivem was a popular and rigorous Chair who continues in her role as Trustee and provide guidance and support. Our Cinema nights were a great success providing the opportunity for participants. volunteers, staff, and directors to engage socially outside of the project by attending 4 selected movies at private screenings in Newcastle Communty Cinema all featuring aspects of addiction and mental health which both educated and resonated with the attendees. Our suggestion to complete an extensive renovation project in our premises to accommodate increased attendances and provide a safer and more accessible workshop was ratified by our Board of Trustees and a budget of £50,000 from LCCL free reserves and LFT Funding was set with a contingency fund of £10,000 from LCCL free reserves. Work commenced on the clearing out of previously redundant space on the 18th of September and Fit Out work began on 3rd October. The renovations completed had to make use of the contingency figures due to increasing demands from Building Control. The premises were reopened for participant attendance on 24th October to allow participants to familiarise themselves with the new layout before our scheduled annual Halloween
Life Change Changes Lives Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors Report) (¢ondnu•d) Year ended 31 October 2023 holiday closure. Our participants were delighted with the new bright and spacious layout creating a wami and inviting atmosphere and a dedicated kitchen in which to better prepare our daily hot lunch provision. Our management committee of directors, volunteers and staff have remained committed to the core values of our organisation, have tirelessly worked to create fundraising strategies and opportunities. to formulate volunteering roles and to work as ambassadors for the charity. Serlice Provision From 1 November 2022-31 October 2023 we were able to provide the following resources to our participants- _ - 1211 In-person Counselling Sessions - 4794 Day Project attendances facilitation - 4500+ Hot lunches provided. 29 Christmas Food Parcels issued. - 51 Christmas Dinners cooked and sarved at inhouse Christmas Paty - 92 Branded fleece-lined waterproof jackets issued. 92 Branded woollen hats issued. 92 Branded long sleeve t-shirts issued. 5 People assisted in successful applications for PIP award. 7 People registered homeless assisted in achieving accommodab'on. From 1 November 2022 - 31 October 2023 we have continued to support our participants with our service delivery and activÈties achieving the following: _ _ 35 Volunteers comprising 17 key volunteers.- 3500 volunteering hours completed. 306 individual participants registered with Pop up Art. 230 persons availing of counselling. - 443 attendances at 58 group recovery meetings - 5 people completing Community Service Hours with LCCL. - 4 participants completing the ASIST Suicide InteNention Course 4 Private Showings in Newcastle Community Showings featuring mental health themed movies for participants and supporters with 117 attendances in total. 40 participants attending a Day Trip to explore our Shared History and enjoying a guided tour of Montalto House followed by Aftemoon Tea. Fundraising and Programmes We continued to receive support from NIHE through Sustaining Tenancies, Homelessness Prevention and Cohesion Funding which assisted us by contributing towards Core Costs, Equipment, Wages, Counselling provision and Branded Workwear and from the Nationwide Community Grants which assisted by contributing towards Training, Materials. Rent and Staff, and The Foundation which also contributed tovRrds rent during this financial period. The NIHE continue to be invaluable in support for our participants with housing needs and to our management team with advi and encouragement for our work in the area. Our own fundraising efforts of Raffles, Annual Sponsored Walk and Table Quiz were heavily increased by the efforts of Cona5 Montgomery and Black Dog Moon who again organised The Cornerstone Festival in aid of LCCL and by The Handsome Princes who donated a fundraising night of 80s live music in Downpatrick. We humbly thank each individual who has supported us by buying our upcyded fumiture and helping to reduce the amount going to landfill as well as restoring confidence and building self-esteem in our participants who have hand painted our bespoke fumiture. We thank everyone who has donated.
Life Change Changes Lives Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (condnued) Year ended 31 October 2023 raised funds. and stopped by for a chal. We are indebted to your kindness which goes such a long way in reducing the stigma associated with mental illness and addiction. Financial review The financial statements are presented in the standard format required by the Statement of Recommended Practice 'Accounting and Reporting by CharTties' issued in March 2005 and cover the activities of LCCL. The staternent of Financial Activities (SOFA) shows the gross income from all sources. Overview The charity showed a deficit of income over expenditure of £26.425 in the period for the year ended 31 October 2023. This performance was expected by the Board of Directors. Incoming resources Totsl incoming grant resources for the year were £88,183 and Public Donations total £11,541, incoming resources from charitable activtties total £8,538. Th8 charity is extremely grateful for the continued generosity of the local communty and public particularly in these challenging tim8S. Direct charitable expenditure Direct charitable expenditure has increased during the year by £51.246 to £202,994. Primarily due to increased costs of staffing and major repair work carried out to the premises. Govemance costs The administration costs of running the charity were £4.845 in 2022123. Balance Sheet Net funds at £93,325 as at 31 October 2023. Reserves Policy The reserves policy was agreed following an analysis of the following four factors.'- Forecasts for levels of income in future years tsking into account the reliability of each source of income and the prospect of opening up new sources - Forecasts for expenditure in the future years on the basis of planned activty Analysis of any future needs, opportunities, contingencies or risks, the effects of which are not likely to be met out of income rf and when they arise: and - Assessment of the likelihood of each of those needs and risks materialising and the potential cOnsequenS of the charity not being able to meet them. The charity's policy is to maintain a level of reserves which meets the needs of the charity both at the current time and for the foreseeable future. Free reserves are its total funds excluding restricted funds. designated funds. or income funds which can only be released by disposing of fixed assets held for charity use.
Life Change Changes Lives Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (contlnu8dJ Year ended 31 October 2023 Plans for future periods Life Change Changes Lives will conts'nue to; Provide a frontline aftercare service. Deliver a service that no other organisation suitably addresses in the area and surrounding districts. Provide a service in an area where no other organisation provides a similar service. Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. Th8 trustees, annual report was approved on ......... trustees by.. and signed on behalf of the board of Mr Casement Trustee ec Trustee
Life Change Changes Lives Company Limited by Guarantee Independent Examiner's Report to the Trustees of Life Change Changes Lives Year ended 31 October 2023 I report to the trustees on my exarninatN)n of the financial statements of Life Change Changes Lives (Yhe charty.) for the year ended 31 October 2023. Responsibilities and basis of port As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance wtth the requirements of Charities Act {Northem Ireland) 2008 (the '2008 Act,) and the Companies Act 2006 ('the 2006 Act,). You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an independént examination. Having satisfied myself that the accounts of the company are not required to be audtted under Part 16 of the 2006 Act and are eligible for independent examination. S report in respect of my examination of the charity's financial statements as carried out under seCtn 65 of the 2008 Act. In carrying out my examination I have followed the general Directions giv8n by the Charity Commission for Northern Ireland under section 65(9)(b) of the 2008 Act. Independent examinerfs statement I hav8 completed my examination. I confimi that no matters have come to my attention in connection with my 8xamination gtving me cause to believe that in any malerial respect: accounting records w8re not kept in respect of the charity as required by section 386 of the 2006 Act: or the financial statements do not accord with those records: or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination" or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recornmended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I confim that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. Niall Farrell FCA Independent Examiner Farrell Accountants Limited 16 Upper Square Castlewellan Co Down BT319DD
Life Change Changes Lives Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 October 2023 2023 Restricted funds Total funds 2022 Unrestricted funds Total funds Income and endowments Donations and legacies Charitable activities 20,454 68,307 87,808 108,262 68.307 125.095 44,478 Total income 88.761 87.808 176,569 169,573 Expenditure Expenditure on raising funds: Costs of raising donations and legacies Costs of other trading activities Expenditure on charitsble activities Total expenditure 45.554 62,729 20,778 73.558 375 119.113 63,104 20,777 109,975 25,057 16.716 9,10 129,061 73,933 202.994 151,748 Net (expenditure)lincome and net movement in funds (40,300) 13.875 (26.425) 17.825 Reconciliation of funds Total funds brought forward Total funds carrled forward 104.958 14,792 119.750 101.925 64.658 28,667 93,325 119.750 The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The note$ on pages 11 to 17 form part of these financial statements.
Life Change Changes Lives Company Limited by Guarantee Statement of Financial Position 31 October 2023 2023 2022 Note Current assets Cash at bank and in hand 93,325 119,750 Net current assets 93.325 119,750 Totsl assets loss current liabilities 93.325 119,750 Funds of the charity Restricted funds Unrestricted funds 28,667 64,658 14,791 104,959 Total charity funds 15 93,325 119.750 For the year ending 31 October 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial ststements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. The ancial statements were approved by the board of trustees and authorised for issue on and are signed on behalf of the board by: Mr Casement Trustee Mr Beckett Trustee The notes on pages 11 to 17 forni part of these flnanclal statements. 10
Life Change Changes Lives Company Limited by Guarantee Notes to the Financial Statements Year ended 31 October 2023 Genèral infomiation The charity is a public benefit entty and a private company limited by guarantee, registered in Northem Ireland and a registered charity in Northern Ireland. The address of the registered office is 41 Market Street. Downpatrick, Co Down, BT30 6LP. ststement of compliance These financial statements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland,. the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial R8POrting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102}} and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilitbes and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling. which is the functional currency of the entity. Golng concern There are no material uncertainties about the charitys abilty to continue. Judgements and key sources of estimation uncertainty The preparation of the financial statements reqUIS management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors. including expectations of future events that are believed to be reasonable under the circumstances. The judgements (apart from those involving estimations) that management has made in Ihe process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows.. No judgements having a significant effect on the arnounts recognised in the financial statements were made during the year. Accounting estimates and assumptions are made conceming the future and, by their nature, will rarely equal the related actual outcome. The key assurnptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carying amounts of assets and liabilities within the next financial year are as follows: No assumptions and estimates having a significant risk of material adjustrnent on the amounts recognised in the financial statements were made during the year. 11
Life Change Changes Lives Company Limited by Guarantee Notes to the Financial Statements (¢onthJuod) Year ended 31 October 2023 Accounting policies (continu•d) Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds eaTharked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. Incoming resources All incoming resources are induded in the statement of financial activities when entitlement has passed to the charity., it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donakn'ons or grants is recognised when there is evidence of entitlemenl to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the go&Js unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and seNices are recognised in the accounts when received rf the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned rf unspent. in which case it may be regarded as restricted. 12
Life Change Changes Lives Company Limited by Guarantee Notes to the Financial Statements (¢ondnugd) Year ended 31 October 2023 Accounting policies (¢ontlnu•dJ Resources expended Expenditure is recognised on an accruals basis as a liabilty is incurred. Expenditure includes any VAT which cannot be fully recovered. and is classified under headings of the statement of financial activities to which Ét relates: expenditure on raising funds includes the costs of all fundraising activities. events. non-charitable trading activities. and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that fvrther its charitable aims for the benefit of its beneficiaries, induding thos8 support costs and costs relating to the govemance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expendtture on charitable activities. All costs are allocated to expenditure categories reflecling the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable. justifiable and consistent basis. Financial instruments A financial asset or a financial liabilty is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially CogniSed at the amount receivable or payable including any related transaction costs. unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Other financial instruments are subsequenlly measured at fair value. with any changes recognised in profit or loss, with the exception of hedging instwments in a designated hedging relationship (see hedge accounting policy). Defined contributlon plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayrnent will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. 13
Life Change Changes Lives Company Limited by Guarantee Notes to the Financial Statements (conrfnu•d) Year ended 31 October 2023 Limited by guarantee Every member promises, rf the company is dissolved while he. she or it is a member or within twelve months afler he. she or it ceases to be a member, to contribute such sum (not exceeding £1) as may be demanded of him, her or tt towards the payment of the debts and liabilities of the company incurred before he. she or it ceases to be a member, and of the costs. charges and expenses of winding up, and the adjustment of the rights of the contributions among themselves. Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2023 Donations Donations Fundraising Other Income 11,541 8,538 11.541 8,538 Grants Grants 375 87.808 88.183 20,454 87.808 108,262 Unrestricted Funds Restricted Total Funds Funds 2022 Donations Donations Fundraising Other Income 8.618 4,099 931 8,618 4,099 931 Grants Grants 64.580 46,867 111,447 78,228 46.867 125,095 Charltable activltles Unrestricled Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Sale of goodslservices as part of direct charitable activities 68.307 68.307 44.478 44.478 14
Life Change Changes Lives Company Limited by Guarantee Notes to the Financial Statements (conthiuod) Year ended 31 October 2023 Costs of raising donations and legacies Unrestricted Funds Restricted Total Funds Funds 2023 Costs of raising donations and legacies - Grants receivable 45,554 73.558 119,113 Unrestricted Funds Restricted Total Funds Funds 2022 Costs of raising donations and legacies - Grants receivable 62,341 47,635 109,975 Costs of other trading activities Unrestricted Funds Restricted Total Funds Funds 2023 Costs of other trading activities - Shop costs 62.729 375 63,104 Unrestricted Funds Restricted Totsl Funds Funds 2022 Costs of other trading activities - Shop costs 22.565 2,492 25,057 Expendlture on charltable actlvltles by fund type Unrestricted Funds Restricted Total Funds Funds 2023 General Tunning costs Support costs 15,932 15,932 4,845 20,778 20,777 Unrestricted Funds Restricted Total Funds Funds 2022 General running costs Support costs 11.982 4,357 376 12,357 4,359 16.339 376 16,716 15
Life Change Changes Lives Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 October 2023 10. Expenditure on charitable activities by activity type Activities undertaken directly Support costs Total funds 2023 Totsl fund 2022 General running costs Govemance costs 15,932 15,932 4.845 12,357 4,359 4.845 15.932 4,845 20.777 16.716 11. Independent examination fees 2023 2022 Fees payable to the independent examiner for: Independent examination of the financial statements 1,000 1.000 12. Staff costs The av8rage head count of employees during the year was 3 (2022: 3). The average number of full-time equivalent employees during the year is analysed as follows: 2023 No. 2022 Number of staff - type 1 No employee received employee benefits of rn0 than £60.000 during the year (2022: Nil). 13. Trustee remuneration and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. 14. Pensions and other post retirement benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £5,457 (2022: £5.859). 16
Life Change Changes Lives Company Limited by Guarantee Notes to the Financial Statements (conllnuedj Year ended 31 October 2023 15. Analysis of charitable funds Unrestricted funds At 1 November 2 022 At 31 October 2 023 Income Expenditure General funds 104,958 88.761 (129,061) 64,658 At l November 2 021 At 31 October 20 22 Income Expenditure General funds 83,498 122.706 (101.245) 104.959 Restrfcted funds At 1 November 2 022 At 31 October 2 023 Income Expenditure Restricted funds 14,792 87.808 (73.933) 28.667 At 1 November 2 021 At 31 October 20 22 Income Expenditure Restricted funds 18.427 46,867 (50,503) 14,791 16. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2023 Current assets 64.658 28,667 93,325 Unrestricted Funds Restricted Total Funds Funds 2022 Cuent assets 104,959 14,791 119,750 17