1546262 136 WATER RT AIYD FINAN FO THE YEAR ENDED 31 MARCH 20 No TERED ACCOUN PRFSTWOOD GREAT MISSEI¥DEIY BUCKINGHAMSHIRE IIP16 9DT *ACGG7FJM* 1￿11￿023 COMPANIES HOUSE A13 #119 THE BA ATER IN RMATION COTLP￿Y Number: 02546262 Reptered Charlty N•mbw: 1013623 4th FI(￿ Siivcrstrcam Hou5C. 45 Fittroy Street L4)ndoD WIT 6EB A¢e0unt￿ty' Noel & Co. 4 Parliament aos¢ HP169DT FOR THE YEAR ENDED 31 NIARCH 202J co Page Trustees report Indepelld¢nt Examinees Rwrt Balance 5beet Noies BAYSWATER JYSTITUTE RT The trus¢e¢s submit their aDDual r￿￿)rta￿l the unauthte41 financial stsi¢ments f￿ th¢ yweDded 31 March 2(123. The In￿te¢S have adopted the provisions of th¢ Sthi¢m¢nt of Re£￿￿￿￿ended Practice (SOBF) 'Accountillg aad Rel￿till8 by Clwities" isqKd iti 2th)S iti tw¢paring th¢ rewt 8Dd fiDanciai statements of the charity. StructhTfy Govern*ne¢ *nd MAx•gw¢nt The charity was inwrporated on 5th October 1990 as a company lin￿.￿d by guardDtse and not having a sbare capÈtsi. The company is regiswed in Engjand aDd Wales (C4)mpaDy number 02546262). Th¢ 80v¢rning document is th¢ Memorandum and Articles of Ass4)ciation. Clause 7 of th¢ M¢moTrDdutn r￿trICts the liabdity of cacb m¢mber, as defined by Pua￿aph 2 of the Articles of As￿latiO￿ ￿ one pound ill the event of the awity bting wouud ￿. Thc Tharity cannot pay dividends and must use all its funds to fvrthcr its stst¢d thaT1￿ble objecttvfs. At MaTch 2023. ttrrtre were three members {2022: fourl The Charity is re8iw¢d at th¢ C￿rity CIYnrnis5ion IRegis*red LltaTity number 1013623). The TnLStee4 who are also the directors for the of law. and who S¢Tved duTiDg the year. w¢r¢: Malcolm Ba]lantin¢ (Chair) Bob Collingham Penny Jonts Alan D41¢ R¢5igoed MaTch 2023 The c&￿ity its registrred offi¢¢ ID L4)DdoD. A Board of TTUStees governs the work of the charity as the decision-mAkiDg of the organiSatio￿ acsure to the major risks. Obi•Gtiv¢s and Adivil The Bay5water Institute was foul￿d IA 1990 with the objeclive of tijrning the social sciences to practical use. The Insti￿te uses the metbods and fiD(knttgs of the social sciences to help or8atiisth.ons iotegrate human and so¢ial considtrati(yJs with ¢¢onomic and t￿h￿l￿1 ones in the dcsigD and d¢vdopDieDt of orgauisatioDs and work Pag¢ l J In piactice tbisEneansusing research atd¥tion TCS¢arth ty fitsorganisaiionaldevelopments which reflect and integrare the whole compl¢x of (huma￿ techDical aDd econornic) existing in att orgaDisation and . its m¢mb¢rs. l¢ m¢4DS aD approacb to or8*nisatirn th'agtsosis wkn.ch moves across disciplinary boundari and 15 capablc of drawing on antbTopoIo8y, psycholoBy. ￿la1 psychology. sL￿1010¥Y aDd p5ythod)Tatnirs for concepts and mctlM)ds. Il also O￿lls consideritig tbe needs and dev¢lopm¢nt of p¥ople in th¢ d¢sign ¥nd implemenratioll of tecbmical and manageria] Sysiems attd using aluca¢ion and rrainiDg to fiuther rbe5e ideas. The Bayswatu losts￿le also works to di￿ett￿ t1￿C of integrating human a5p¢cts of or8anisaiiotL The T￿￿te¢S bave paid Tegard ￿ guidance is￿1 by the Charity CINzmission in dcciding wbai activiti￿ th¢ Page 12 Th23 This y¢ar was a very busy on¢ for the Institutc It C4)ntiDued its evaluation WO￿ in several projec￿ bdpiug otganisations engaged io development activities by gath¢ritig evide1￿e of the impa¢t of th¢ changes as they wer¢ 1tnp1emen￿d. The Ye￿ w&$ dorniDated by ￿O￿t￿ in th¢ work in EDI (Equality. Diversity aod ¢lusion), itt partt"cular work th¢ ￿￿titUte uDd¢rtook for BRrmingbam City Council ID ils public health Togramrn¢, ¢xamining th¢ h￿th iswes of the many mtDOTity p(wlatioD8 in ¢he city. A 8urnmary of the majoT projx¢8 uttdtrtakth iti tbe ycar is a5 follows". The WORKfECC Project 1Wwkfo￿¢ O￿atiOnS that Realise Knowledge4)2sed Tra05forroational Efficicncy gain5 in C(￿￿m￿OIty Care): This four.year researcb woject to an end in 2021-22. It was fimded by the Health FoutyJatIo￿ led by CORU at UCL with othLY partllers in Care City and two North Easi Lonth)n Borou8h& The aim was to thtrmiine what efficiell￿ savings cowld be made frotD the adoFrtion ofnew opeMioosresearch{OR) ba￿dw£ffk strategies tn collJmuDity car& Ill 2021- 22 CORU wesented eisbt possible OR itinovatiLXJS and the lo￿ltUt4 USAn8 methods develO￿d in thc oj¢ct and evide1￿ fmm studie5 of how cc0J)munity care is currently deliver4 identified the 'readin¢5s for change. io the kn)ndoo B￿OUgbS to these inDOTntions. Tht. Evaluation of 'He*r Me Now, In 202(k21 the ltistitste undcrtook an cva]uatiOD of thc adoptiots of tbe di81￿ app'H¢arM¢ Now. whith i5 d¢signed togiv¢ a voic¢ lop¢opl¢with leaTuing disobiliti¢s and autisrn especially with rcspert fo their haith and wellktng. In 2022 the IDstitute was invitrd io und¢rtake a furthex evah￿tiOn of the.implementstion of 'Hear Me Now. this time in Devon and Bristol. and with the explicit obicrtive to use thc app to develq) Anth￿1 Health Plans with local GP& The Earth Journ*lism Network This network jowm11￿ ts) do investigative work in many couDtries. The lostitute was part of a project th gather Inforn￿tioft by questiotitiaires and iDlcrviews from journalists in the Asia-PacTfic region atwt th¢ supptyt they TK¢d in order to und¢rtake th¢ir journatistic work Community H¢*lth Profdes for Public Heahk ID BirMIDgha￿ ID 2022-23 the IDsti￿le t(rJk rwnsibility for the prepaAtiOtt of eighi Comjnurrity Health Profites (CHPS) for the l*Jbli¢ Health Lkparunet)L These were COmPTehensive review5 of evidence of th¢ health i5sue5 affecting Tninority ommuoities in Birmingham and more widety in the UK. The communities were those with Caribbea Nigeri￿ Arab and Muslim trteritage, those with a Gay. Bisexual and Transgender sexual orieDtations dad those with s￿hl Lits& . 175-ytar Direttors of Pllblie He*lth RyrL The IrL8ts"ttltc ￿ed a [q￿ on the hisiory and ¥bievem¢nts of Birmingham's Dir¢ctoTr of Public Health mier th¢ lam 175 years. This was a mix methods research projeffj which involved utilising ar¢￿"Ved and reeettt dat4 iDtervAewiThgprevious Dir￿thI￿ ond (hwing tsjgcthu IKalth sts11￿leS over J A75.yearpaio The S¢*fflDg Resollrees oftbe lthslffitute In addition to its core staff the InSti￿te is able tts dl uJx)tt the savictt of professional collewts 4nd iti this ye4r that included Dr. Corinna Arnd¢and Dr. PeterAsp1D￿l. The JnMinJt¢ alg) re¢ruit¢d threeyoutsg people through the OJe￿3. Wbeu the Kickst￿ xtkeme end￿ the InstitrJ¢e contitiued this ￿￿tice tyoffering intern opporiullities to students followin8 thc GlobEI Hrnlth at KiDg's Coll¢8¢ Li Durin8 the year the Jnstithte TAkned a surplus of £14.644 1)D tT4ding OP¢TatlODS leaving Det aS8¢ts the clwity of £64.015 (2021122: £49.371). It is the policy of dwity that wwatrictcd funds whicb havc not b¢¢0 dcsigDatcd for a spccific wc should. bemaiD¢aine41 at a level equivalent tybetweeo three- aadsix•month's expeoditure. TheTn￿ consider that reserves at this level will ensure thaL ID. th¢ eV￿t of a sigaific8Dt (trop in fiwdiD& th¢y will k abl¢ continue the clwity's cuttent adivities whil¢ Co￿lderatIon is 8ivett to ways io which additional fiwds may be rais¢(L Thefutur¢ plans for the will iD¢I￿ a commilm¢DI to ensur1￿ that these levels of reserves are athieved and maiotaine Page 13 PlaDJ for 202>24 The Instityt¢ utters 2023124 with work plans C￿ five froDts. Firs¢ it inteDds to continue its programme of t#hnolo8i¢al dev¢lopm¢nts. This indude furtb¢r w(xk on tbe adoption of the Hear Me Now app in seryice changes in th¢ NHS and consultsocy (q) the implemeoiation of Artificial Jntelligence (AD. Secon the EDI offeTiDg will be developed to facilitsle commercial. public and tbird sectororganlsatic￿S in their EDI aims" for exampl4 a fiutherstudy Iw been conllwssioned by Birniitsgham City Couttcil to examttie the health issues associated with agein8 as experienced by mittority eommutiRti¢s iti the elty and the ]nstitut¢ is w(*kntig wlth the Associatr Direc￿ of Public Health iti London to d¢￿loP th¢ir 4nti-Wis¢ slrat¢gy. Work 18 also in ' prospect in the G>DesTrgtt domain for which th¢ I￿47t￿le cxptrirnc¢ in unployec ¢Dgagcment and u5U- centred design means it is well placed to make an Ampxtatit coDtrilMrtithL Fowtbly. the Institute will contiDu¢ its IoDg.standing"wigrarnm¢ of co0$￿tio8 to technology Start.￿ conwarries. including supporti1￿ them to reacb Commercialisatio￿ emb>Jditig ret]exive ￿actIce and builditig soft skilts such &$ improv¢d team workitt8 and leadership skills. FiDxUy. folltiv4iDg the IDStitutcs lon8-StanthDg training programrn¢ b¢iDg suspettd￿ durfftg Cov1￿ in th¢ comtng yrar. th¢ Institut¢ plaDS to r¢5ume offuings of the WIG (Wisdom GTOUPS) ¢xp¢ri¢ntiai man4guueM training eveDt atMI of associa*d W0￿0P$ aod masterclasses. The IDstitute also plaw to continue to provide intern￿P OF¢￿tieS to provide support for the staff of the IDstiiUtc aad to provide youog tvlc with valuable employment expttIe￿e ill a research attd evaluation emvironm¢nt. State•etyt of Tr•rtees' Raponthilities Tr T￿￿te£S. who are also the dire£tors of The Bayswater It￿titUte for the purpose of compatsy law. are TeSFKmsible for preparing the Tn￿￿￿, Kq￿ and the accounts in accordance with applicable law and Uniied Kingdom Accounting Standards (United King(kn Genernlly Accepted Accounting Practice). Compary law requires the TnLStees to prepare acc4)unts for eath finatteial ye4r which give a tsue and fair viewof the state of affairs ofthe chariry attd of the ipcoming Tesourets and 4Jplieation of resources. iticludin the income and expetiditure. of th¢chaTitsbl¢ c(Ynpw forthat year. select suitable accounting rx)licies and then aA)ly them c￿lstent￿. observe the methods and prllKxples in the Chariti&s SORP. make jud8ements attd estitnates that are rAsoJabl¢ and pnthL ond prepare the accounts on the goitig ¢on¢¢rn b&%is ¥llless it is iDapprywat¢ to presume tb¥t the ¢lwity Will￿1)tinUe iti operntioD. TheTnLStees arc rcsEKMLsible for keq)ing adequatr aCCOllDtiDg recordsthAtdisclose with re&sonable &ccuraLy atttny tirne the financi￿ position of the cbgrity altd ¢Dable then) to e￿sUre that th¢ ￿counts cornply with the Companics 2(X)6. They are also T¢SFKuwbl¢ for safeguarding the assets of the ¢lwity aDd henc¢ fortskiDg reasonable steps for the w¢veDtioD aDd detr¢ti￿ of fraud and other irregularitie& Pag¢ 14 tNDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BAY WATER ￿STITUTE EAR END 2023 I report to the charity trustees on my examination of the a¢counts of th¢ charity for the year eThded 31 March 2023 which are sel out on pages 3 to Responsibilities and basis of report As the charity m15tee5 you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 Cthe ACQ. I report in re5pe¢t of my examination of the charity's ac¢oynts ¢arried out under section 145 of th¢ A¢1 and in canying out my examination I h#ve followed all ihe applicable Directions given by th¢ Charity Commission under section 145(5Xb) of th¢ Ad. Ind¢penden¢ examine￿$ ststernent I have completrd my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to believe that in any m*¢rial resFKcL l. accounting records were not kept in T¢SF¢Ct of the company *$ T¢quired by seaion 386 of the 2006 A¢t; or 2. the accounts do rtoi acC￿rt with those Tecord%' or 3. the accounts do not compty wilh the accounting requirements of secsion 396 of the 2006 Act other than any requirement that th¢ #¢counts give a and faiT view whi¢h 15 not a matter ¢onsid¢r¢d #s part of an independent examination. or 4. the accounts hav¢ not been prepared in accordance with the m¢th(wlg and principle5 of the Statement of Recommende4J Pra￿¥¢¢ for accounting and reporting by tharitie5 appli¢abl¢ to charities preparing their ac¢ounLS in accordance with th¢ Financial Reporting Stsndard applicabl¢ in th¢ UK and Republic of Ir¢land IFRS102). I have no concerns and have come acr￿$ no other maners in connection with the exarnination to which attention should be drawn in this report in order io enable a proper understsnding of the accounts w be reached. Da￿d.tr Nov¢rnber 2023 Linda Noel Noel & Co. Chttrtered Accountsnts 4 Parliamertt Close Prestwo¢)d Great Missenden Buckinghaffishire HP16 9DT END FOR THE YEAR ENDED 31 MARCH 202J Total Total ' Fphds 2022 Ukrestld 2023 In¢wn¢ •nd eDdowments from: 2.511 Chwitsbl¢ a¢trvities 81880 82.880 55.904 lttvestsnents. 453 453 223 TotAI Intome exdoinnents 83.333 83,333 58.638 E￿¢￿di￿re o•: Charitabl¢ arbvitic5 67586 67,586 88,056 Other 1.103 1.103 1.807 Trt•l r#our¢es ¢sp￿ded 68.689 68.689 89,863 N¢t movemeNt In f•nds 14.644 14.644 {31325) Total funds brought forrmrd £ 49.371 £ 49.371 80,596 Total funds urrltd forW￿d £ 64.015 £64.015 £ 49.371 All in¢ottw and exp¢lld1￿ d¢Tive from ¢0￿I￿8 adivitie& Page 16 COMPANY NUMBER: 02546262 THE BAYSWATER INSTITUTE AN ATJI MARCH 2023 Note 2023 2022 Current assets Bank Accounts 77.822 77.822 68.009 Creditors Amounts falling due within one year 13,807 18.638 Net current assets 64,015 49,371 Tot*1 assets le55 current liabilities 64.015 49.371 Net assets £ 64.015 £ 49,371 Cwpital funds Unrestricted ￿ndS 64.015 49.371 Total funds £ 64,015 £ 49,371 The company is ¢ntitl¢d to the exernptl(￿ from the audit requirement contained in seciion 477 of the Companies Aci 21)06, for ihe year ended 31 March 2023. No member of the company has deposited a notice. pursuant to section 476 of ihe Companies Aci 2006. requiring an audit of these accounts. The directors acknowledge their responsibility for complying with the requirements of the Act with resp¢¢l to accounting records and for the prepardrion of accounts. These a¢¢ounts hove been prepared irt accordance with the provisions applicable to companies subject to the small compani¢s' r¢girn¢. The accounts were approved by the Board on V November 2023 Malcolm Ballantine Chairnian of Tn Alalcolm Ballanline Company RegistrntiLM No. 02546262 The annexed notes forni part of these financial sotements. Page ATER INSTTT TATEMLY Th¢ charity constitutcs a publi¢ brnefit ¢titity as d¢fin¢d by FRS 102. The fiD4Dcial 5ta*ments hav¢ been . pr¢ptra in accordaDC¢ with A￿{M)ntIng and R¢pmg by cI￿lti￿ Ststertwirof Re￿0)Mended PTac¢?ce applicable to thartli¢s Prepari￿ their a¢e(MUtts ID accordan¢e widj the Fitiancia] Reporting Stsndard applicable iti th¢UKalld Rwblic of Irelwl (FRS102) Is￿d on 16July 2014 (a5 updated through Bullet&D I published on 2 Fcbniary 2016k th¢ Finatic￿l Rwting Stsndard 4ylicabl¢ in tb¢ United Kingdotn and Republic of Irdattd IFRS102). the CoThytiies Aet 2(K)6 and UK Crtn¢ra]ly Aceepitd Practice u it applies from l Jaouary 20I5. The ¢harity has applied Upda* Bulletio l as publis1￿￿ ott 2 Febw 2016 and does Dot indude a cash flow 5¢atun¢n¢ on tbe 8rounds that it is applying FRS 102 Section IA.. Th¢ finatteial Statrrn￿ts ¥e pryred on a 8OiDg C4)ncem bosis UDdu the hists)Tical conventioll {rnodified to Aticlude cenain ltr￿ at fair value). The Mtments are pr¢s¢Dte41 iti S¢¢rling which is the n￿lonal currency of the ¢haTity Ind rrKmde4 to thc rtar¢stNWA￿. The significant acc(Mmting polieTes applied in the Neparati￿ of these finartctal StstrTncnts are set out below. Th¢s¢ policies hav¢ b¢u consis*Dty aro]ied to y¢aTS UDless otherwise slated. C•5hflow st*t¢mrn¢ Th¢ Compafty has tsken adv¥ntsg¢ of the exmptron in Financial R¢poning Stsn¢Jwd No.1 from the requiretnent to prooknc¢ a c&thfiow stttement on the grounds that it As a wall Con1p￿Y. lllcomlDt r¢sourc All in¢omiDg resourtts are included inth¢ SOFA wbeD the ctwityis legally ethi￿¢d knthe iDcome aDd the Rexourtes expe*ded AU expettditure is accounte41 for ott #D accruats Ixsis znd bas been classified utthrheaditigs that awegatr au costs related to the ca¢egory Where costs cannot be direcdy attributeA to particular headmgs they have be¢tt allocated to acttvities on a b&sis c•nsistent with ￿¢ of the resourc Page I THE BAYSWATER INSTI TO THE FINAN TA (Conlinued) FOR THE Fund *cu)uutlng General fillth are unrestricted fimds whith atr 4vailabl¢ for use at tbe discretion of the tsu8tees for. particular puryY0￿ the aim and use of e&th dw"8￿1￿ is set ia the Dotes to the fmaDcial R¢stri¢ted fimds orc fimdswbich are tobe used in accord￿ wttb specific restrictiotss imposed by donors or vlhicb have beett rai8ed by th¢ ¢knity frywti¢uiarpwp05e& the cost of raisiog and admiJusterinB suc dharged against the Specific fund the aim and use of eacb restricted fill￿ ￿ set ollt iti the notes the finattciat slatemell PehSTDn cojts amounts payable by the corwy by the company to the fuDd ID rupcct of th¢ yw. Income Unrtst'd FuDds 2D23 Tfjt•l F¥Dds 2023 T•t*l F￿thd$ 2022 1511 2511 Ch*rAtabk aellvllles IR. g¢DK8i¢d fillth. activiiies 82.880 8188Q 55.9D4 82.880 82.880 55.904 Investment IAtome Investment Incort￿ I 453 453 223 453 453 223 Page 19 BAYSWATER INSTrriTfE FINANCIAL STA (Continurd) 202J 2023 2023 2022 Staff c¢)Sts Associatcs, costs 59.618 69,847 3,658 2.765 Office costs 2.174 4.750 10.962 67.586 88,056 Other costs 2•23 2022 975 1.536 Athnin cost 128 270 1.103 1.807 Employmtfjt ¢mts The avmBe number of P¢TSthS eniploye4i by th¢ ¢thDpany. i￿h￿s itir¢¢tor. thyittg th¢ year as follows: 2•22 Charithble A¢tivitiCS Gen¢r&lillg fimds Salaries 141 security Pension Costs 51.907 199 4.362 63.369 1,204 4.468 56.468 69.051 Page I l• WATERIN C￿L TA (Contitiua) Credltors Anwunts falling thie within one year.. 2023 2022 Other Taxes & PAYE VAT ACen￿lS And Defured Incom¢ 3.360 9.084 1.363 1062 3.577 12.999 £ 13.807 £ 18.638 GoverHaTrre cwts 2923 2023 2022 Independent Examiner 7(Kl 275 1,500 37 270 A¢coun¢anry 975 1.807 A totsl of £275 was paid to two trustees dwiDg the year {2022:£37). No Tenwneratiou was paid to aDy tnLqe Pa8¢ IIA