Fitmoms & Kids known as Filmoms Trustees, Report The trustee5 present the annual report togetheT with the financial slements of the charity for the year ended 31 March ?022. Objectives and activities OhJe£'ts qnd oln Provision of fiinegs Classes. Gym facalities. r¢¢T¢#tional aclivilies, children's safe pla)Toom. support groups and other means as considered appropriaie io th¢ ne¢ds of 5eryic¢ users,. pr()vision of progrdmmes and aciiviiies designed io promote their selftheM¢em. The aim of the charity 15 to prom¢ the physical and eMLOnal wellbeing of women and in particular. bul not exclusively . mother5 and carers of children of auiism or other relayed communication and b¢havioural di50rders and women who feel socially isolated in rhe NeOWn2bbcY area of Belfagi and the surrounding dislricl('Ih¢ area of benefil'l through the provision of fithess classe& g>Th fa¢iliiies. recreaiional aeiivities. children's safe pla)Toom. support group5 and by any her means as the TrUSe5 shall consider appropriaie., t(Tr promole the physical and emotional heali of children and young people and in particular. but not exclusively those with aulism and oiher relai¢d communication and behavioural disorders or obesiry through the provision of programmes and a¢tiviiies de$ign¢d to promote self-esittrn. Publlc beneJ71 The organisaiion is attemptin¥ io bring groups of socially isolated womeniogether. reducinwremoving social isolation, improving self-esteem and feelings of self worth, reducing incidence of lonelines5. improving incntal h¢alih. it is supporting families wilh children with special needs such as autism and other comples needs. Fil rngms & Kids has existed since ?014. initially as a voluntsry group. becomin8 a business in 2015., Ihe organisation has grown exponentially since. and has to dale helped hundreds of socially disadvantag¢d women and farnilie5: many of the5¢ have WTitten tesiimonials. encouraged others io join in and participate, further increasirt8 the reach of the organisaiion. The ownisation continues to grow, and is now looking for lar8er premises. developing a management team. instigating new proje¢t5 ond partnership5 w'iih third party agencies. as well as increasing membership and volunieer oprtLIties. None has been identified,. the organisation exists io alliviaie risk of harni tM)th physically and mentally. Any member of ihe public . who may approach the organisation. Basis of need is asse$5¢d by infomial personal interview io delem)ine health siatu& actual need. and personal issues genuinely exist rather than seeking a cheap gym option. There is no private benefil to any rnember, tntee or other individual. The trustees Confirni that they have complied with ihe requir¢menTS of se¢lion 17 of Ihe Chariiies Aci 2011 to have due rewd to the public benefit guidance published by the Charity Commission for England and Wales. Structurei govern#n¢e attd m8ll¥g¢rn¢llt Nalmre ofgoverning dpc¥menl Constitution Page 2
Filmoms & Kids known as FitMom$ Trustees, Report (CODtinued) Fin8neial iDStruments Objecilvej ondpollcle5 The Charity's aciiviiies ¢xp05e it to a numl*r of financial risks in¢luding credit risk, cash flow risk and liquidity risk. The use of financial d¢rivati¥es is xoverned by the charity's policies approved by the ard of trustees, whi¢h provide wrillen prin¢ipl¢s on the use of financial derivative5 to manage these risk5. The charity does not use derivative financial instruments for speculaiive Purposes. Cashflow rlsk The charity's activities expose it primarily io ihe finan¢io1 risks of changes tn foreign currency ex¢hange rates and inieresi rates. The charity uses foreign exchange fonvard ¢ontrdCts and infftsi rate swap contracis io hedge these exposures. Interest bearing asseL5 and liabilities are held at fLxed Me io ensure cerlainty ofcash flows. Credli rlsk The charity's principal financial sets are bank balances and cash. irnde and other receivables, 8nd investments. The charity's CTedit risk is primarily attributhble 10 it$ Irade receivables. Th¢ amounis presented In the balance sheei are net of allowances for doubtful receivables. An allowance for impainnenl is made wher¢ there is an identified loss evenl which. based on previous experien¢e, is evidence of a reduclion in ihe recovernbility of the cash flows. The credit risk on liquid funds and derivative financial instruments is limiied be¢4use the counierpartie5 are banks with high cr¢dil-raiings assigned by international credil-raling agencies. The charity has no significant concentrdtion of credit risk, wiih exposure spwd over a large number of ¢OUfbterpartie$ and cusiom¢rs. Llquldlty rlsk In order to mainlain liquidity to ensure that sufficient fi$ are available for ongoing operaiions and future developments. the charity uses a mixture of long.ierni and 5hort-leTm debi finance. Further deiails regarding liquidity risk can be found in the Sthtemeni of accounting policies in the financial Slatements. The annual re)rt was approved by the trusiees of the chariry on 7 June 2023 and signed on its behalf by.. Page 3
Fitmoms & Kids known as FitMom$ Statement of Trustees, Responsibilities The trn5ttts are responsible for prwaring ihe trusitts. report and the financial sratemenls in accordance with the United Kingdom Accouniing Standardg (Uniied Kingdom Generally Accepted Accouniing Praciicel and applicable law and regulaiions. Th¢ law applicable io charities requires the Inle¢S lo prepare financial sialements for each financial year which give a tNe and fair view of the stale of affairs of the charity and of the incoming resources and application of resources of the charity for thai period. In preparing these financial siatements. the trusrees arc required to.. select suitable accounting 11£1¢$ and then apply them ¢onsistenily- observe the methods and principle5 in the Chorities SORP- ake judgement5 and estimates ihai ar¢ reasonable and PTudeni: stale whether applicable a¢couniing standards have been followed, subjeci to any malerial departures dis¢losed and explained in th¢ fir1a1 statements: and prepare the financial sthtements on the going ¢oncern basis Imless li is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records thgt disclose with reasonable accuracy at any time the financial positton of the Chariry and enable ihem io ¢n5ure that the financial sthtements comply with the Charities Aci 2011, the Charities (Accounts and Reports) Regulations 2008. and the provisions of Ihe consiilulion. The iruslees are also responsible for safeguarding the assets of the charity and henr¢ for iaking reasonable steps for th¢ prevention thd ddeciion of fraud and other irregularities. Th¢ irustees are Tesponsible for ihe mainienance and iniegriiy of the corporJte and financial infonMation included on the charirable companys website. Legislation governing the preparation and di55emino1ion of financial siaiem¢nts may differ from legislation in other jurisdiciions. Approved by the tnjstees of ihe charity on 7 June 2023 and signed on its behalf by- Miss Lesley Dowey Trustee Miss Leanne Evans Chairnian and Trustee Mrs Zena Reid Trustee Miss Julie PTeston TTUStee Page 4