## **NOPANIC**
**Charity Commission Registered Number 1018184**
## **FINANCIAL STATEMENTS**
**for the year ended**
**31 March 2023**
## **NOPANIC Financial Statements for the year ended 31 March 2023**
## **Contents:**
|Page|2 to 4|Trustees Report|
|---|---|---|
|Page|5|Statement of Financial Activities|
|Page|6|Balance Sheet|
|Page|7 to 11|Notes to the Financial Statements|
|Page|12|Independent Examiner's Report|
|Page|13|Income and Expenditure Account|
Page 1
## **NOPANIC Financial Statements for the year ended 31 March 2023**
## **Trustees Annual Report 2023**
## **Reference and administration details**
Charity name: N O P A N I C Registered charity number: 1018184 Charity's principal address: 51A Market Street Oakengates Telford Shropshire TF2 6EL
Names of charity trustees who manage the charity:
Lynne Fredrick Christine Scott Wayne Senior Nicola Peck Keith Stenning - Deceased
## **Structure governance and management**
Type of governing document: Constitution Charity constitution: Committee Trustee selection method: Trustees are appointed by the Chair and reappointed annually at the AGM.
## **Additional governance issues**
All trustees give their time voluntarily and receive no remuneration or other benefits.
## **Objectives and activities**
## **Summary of the objectives**
The objects for which the Organisation is established shall be, the relief and rehabilitation, of those suffering from Phobias, Obsessive Compulsive Disorder and other related Anxiety Disorders, which shall include those who are suffering from Tranquillizer Withdrawal problems.
## **Summary of the main activities undertaken for the public benefit.**
**Helpline:** The helpline is continuing to do well receiving approximately 20000 calls this per month. The helpline is now a 0300 number meaning it local rate and included in free minutes meaning no cost to the charity and low or free for callers which is a huge improvement on the previous number. This accounts for the massive increase of calls. To cope with the demand we trained additional helpliners and volunteers took on every shifts in many instances helpline volunteers did extra shift duties in times of need and we cannot applaud their efforts enough. We continue to train volunteers who wish to further their knowledge of anxiety disorders and participate more actively within the charity. The number of helpline volunteers we trained was insufficient to meet our needs due to the fact that our helpline volunteers work from home and require a land-line and many young potential volunteers now only have a mobile phone. However, despite the current financial restraints, we are extremely proud to say that we have a nucleus of volunteers who are of long standing and have been serving the needs of sufferers for 10 to 15 years.
Page 2
**NOPANIC Financial Statements for the year ended 31 March 2023**
## **Summary of the main activities undertaken for the public benefit. (cont'd)**
## **Publicity:**
The Publicity Officer reports that we are retaining good relationships with the Press and Media and they continue to help us spread the word about anxiety disorders and how No Panic can help sufferers. We have done radio interviews and television programmes as well as magazines and we have had our resources printed in several publications.
- Whatson guide
- Student Guide
- Radio Shropshire • GP magazine
## **Social Media:**
Social media such as Facebook and twitter have been key in promoting our work, we have a couple of active Facebook pages which themselves provide support to sufferers as well as publicise the charity.
We have seen a huge increase in followers across all social media platforms and a steady stream of support requests.
## **National development work:**
The new website is continuing to be a success, it has more items added to the shop and provides a live chat facility. After the website went live it has been very active. And we have seen an increase in sales through the online shop People are able to join and renew membership and also apply for volunteering opportunities. The shop is working well and has a range of useful products in and we are already seeing an increase in donations via the website.
## **Charity shop:**
Since joining the Oakengates community we have become a popular shop amongst shoppers. We enjoy getting involved in the local community and we also provide information and support to those who come in the shop. Many are pleased to see a mental health organisation on the high street and is a very relevant cause as many people have been affected by anxiety. We take work experience students and The shop has generated much needed income to the organisation bringing in £6053 in the last year.
We get many donations so we hope to continue to do well.
## **Reserves policy:**
The Trustees continually review the charity’s requirements for undesignated reserves in line with its current spending levels and Charity Commission guidance. The trustees are of the opinion that No Panic requires a minimum level of reserves approximating to 6 months projected running costs and, at present, the Trustees believe that they have achieved this objective.
Page 3
## **NOPANIC Financial Statements for the year ended 31 March 2023**
## **Summary of the main activities undertaken for the public benefit. (cont'd) Risk management:**
The Trustees continually assess the major risks to which the charity is exposed. The major risk being the loss of principal and continuous sources of funding. They believe by maintaining the reserves at the levels stated above this will provide sufficient resources in the event of adverse conditions. Internal risks are minimised by implementation of procedures for all aspects of the charity’s work. These procedures are periodically reviewed to ensure they still meet the needs of the charity.
The Trustees have had regard to the guidance published by the Charity Commission on Public Benefit.
## **Declaration:**
The Trustees declare that they have approved the trustees' report above.
Signed on behalf of the charity's trustees:
Signature: Name: Lynne Fredrick Date: 21-Dec-2023
Page 4
## **NOPANIC**
## **Financial Statements for the year ended 31 March 2023**
## **Statement of financial activities**
|**Incoming resources: (Note 3)**
**Incoming and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Investment income
Other income
**Total incoming resources**
**Resources expended: (Notes 4-7)**
**Expenditure on:**
Charitable activities
Other expenditure
**Total outgoing resources**
**Net outgoing/incoming resources for the year**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**Total**
**funds**
**funds**
**2023**
**£**
**£**
21,773
21,773
13,215
13,215
18,844
18,844
417
417
578
578
54,826
54,826
68,830
68,830
2,335
2,335
71,165
71,165
(16,339)
(16,339)
81,330
81,330
64,991
64,991|**Total**
**funds**
**2022**
**£**
24,156
20,161
16,893
12
2,649
63,872
72,529
2,364
74,893
(11,021)
92,351
81,330|
|---|---|---|
The statement of financial activities includes all gains and losses of the year. All incoming resources and resources expended relate to continuing activities.
Page 5
## **NOPANIC**
## **Financial Statements for the year ended 31 March 2023**
## **Balance sheet**
|**Note**
Tangible fixed assets
7
**Current assets**
Stocks
8
1,638
Cash in hand
473
Bank current accounts
3,367
Bank deposit account
59,135
64,613
**Creditors:**
amounts falling due
within one year
9
2,538
**Total assets less current liabilities**
**Funds of the charity**
Unrestricted funds
10|**2023**
**£**
2,916
1,672
1,663
6,136
72,826
82,297
3,573
62,075
64,991
64,991|**2022**
**£**
2,605
78,724
81,330
81,330|
|---|---|---|
These financial statements have been prepared in accordance with the provisions of FRS102 SORP.
The financial statements were approved by the Board of Trustees on 21[st] December 2023 and are signed on their behalf by:
Trustee : Lynne Fredrick
The notes on pages 7 to 11 form part of the financial statements.
Page 6
**NOPANIC Financial Statements for the year ended 31 March 2023**
## **1 Basis of preparation of preparation**
## **1a Basis of accounting**
The financial statements of the charity, which is a public benefit entity under FRS102, have been prepared in accordance with the Charities SORP (FRS102)' Accounting and Reporting by Charities: 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) (effective 1 January 2019). The financial statements have been prepared on an accruals basis.
## **1b Change in basis**
There have been no changes to the accounting policies since last year.
## **1c Changes to previous accounts**
No changes have been made to accounts for previous years.
## **2 Accounting policies**
## **2a Recognition of incoming resources**
These are included in the statement of financial activities when the Charity becomes entitled to the resources.
## **2b Incoming resources with related expenditure**
Where incoming resources have related expenditure the incoming resources and related expenditure are reported gross.
## **2c Grants and donations**
Grants and donations are only included when the Charity has unconditional entitlement to the resources.
## **2d Volunteer help**
The value of any voluntary help received is not included in the accounts but is described in the Trustees' report.
## **2e Investment income**
This is included in the accounts when receivable.
## **2f Liability recognition**
Liabilities are recognised as soon as there is a legal constructive obligation committing the charity to pay out resources.
Page 7
## **NOPANIC Financial Statements for the year ended 31 March 2023**
## **2 Accounting policies (continued)**
## **2g Other expenditure costs**
Include costs of the preparation and examination of statutory accounts and depreciation of fixed assets.
## **2h Tangible fixed assets**
These are capitalised if they can be used for more than one year and cost at least £500.
## **3 Analysis of incoming resources**
## **3a Donation and legacies**
## **3b**
## **3c**
## **3d**
|Donations
Grants
**Charitable activities**
Membership fees
Telephone support services
**Other trading activities**
Sale of goods
Shop takings
**Investment income**
Bank interest|**Unrestricted**
**Total**
**funds**
**funds**
**2023**
**£**
**£**
6,687
6,687
15,086
15,086
21,773
21,773
**Unrestricted**
**Total**
**funds**
**funds**
**2023**
**£**
**£**
9,510
9,510
3,705
3,705
13,215
13,215
**Unrestricted**
**Total**
**funds**
**funds**
**2023**
**£**
**£**
793
793
18,051
18,051
18,844
18,844
**Unrestricted**
**Total**
**funds**
**funds**
**2023**
**£**
**£**
417
417
417
417|**Total**
**funds**
**2022**
**£**
11,489
12,667
24,156
**Total**
**funds**
**2022**
**£**
15,715
4,446
20,161
**Total**
**funds**
**2022**
**£**
1,194
15,699
16,893
**Total**
**funds**
**2022**
**£**
12
12
Page 8|
|---|---|---|
## **NOPANIC**
## **Financial Statements**
**for the year ended 31 March 2023**
|**3**
**Analysis of incoming resources (continued)**
**3e**
**Other income**
Training
Other misc. income
**4**
**Analysis of resources expended**
**4a**
**Charitable activities**
Office and volunteers expenses
Photocopies, postage and stationery
Office rent
Insurance
Secretarial support
**4b**
**Other expenditure**
Independent examiner's fees
Depreciation and amounts written off
fixed assets
**5**
**Trustees expenses**
Reimbursement of expenses|**Unrestricted**
**Total**
**funds**
**funds**
**2023**
**£**
**£**
242
242
336
336
578
578
**Unrestricted**
**Total**
**funds**
**funds**
**2023**
**£**
**£**
13,995
13,995
1,734
1,734
8,816
8,816
594
594
43,691
43,691
68,830
68,830
**Unrestricted**
**Total**
**funds**
**funds**
**2023**
**£**
**£**
1,398
1,398
937
937
2,335
2,335
**Unrestricted**
**Total**
**funds**
**funds**
**2023**
**£**
**£**
-
-
-
-|**Total**
**funds**
**2022**
**£**
826
1,823
2,649
**Total**
**funds**
**2022**
**£**
19,738
1,818
8,164
-
42,809
72,529
**Total**
**funds**
**2022**
**£**
1,496
868
2,364
**Total**
**funds**
**2022**
**£**
-
-|
|---|---|---|
Page 9
## **NOPANIC Financial Statements for the year ended 31 March 2023**
## **Notes to the accounts**
|**6**
**Paid employees**
**6a**
**Staff costs**
**Unrestricted**
**Total**
**funds**
**funds**
**2023**
**£**
**£**
Gross wages and salaries
42,754
42,754
Pensions
937
937
43,691
43,691
**6b**
Average number of full-time equivalent employees in the year
**No.**
2
**7**
**Tangible fixed assets**
**Cost**
Balances 1 April 2022
Additions
Balances 31 March 2023
**Depreciation**
Balances 1 April 2022
Charge for the year
Balances 31 March 2023
**Net book values**
As at 31 March 2023
As at 31 March 2022
**8**
**Stocks**
**2023**
**£**
Goods for resale at the lower of cost or net realisable value
1,638|**Total**
**funds**
**2022**
**£**
41,981
828
42,809
**No.**
2
**Office**
**Equipment**
**£**
38,625
1,248
39,873
36,019
937
36,957
2,916
2,605
**2022**
**£**
1,672
Page 10|
|---|---|
## **NOPANIC Financial Statements for the year ended 31 March 2023**
## **Notes to the accounts**
|**9**
**Creditors and accruals**
Social security and other tax
Trade creditors
Accruals and deferred income
**10**
**Unrestricted funds**
As at 1 April 2022
Incoming resources
Outgoing resources
As at 31 March 2023|**2023**
**2022**
**£**
**£**
0
2,249
1,140
28
1,398
1,296
2,538
3,573
**General**
**Fund**
**Total**
**£**
**£**
81,330
81,330
54,826
54,826
(71,165)
(71,165)
64,991
64,991|
|---|---|
Page 11
## **NOPANIC**
## **Financial Statements for the year ended 31 March 2023**
## **Independent Examiner's Report to the Trustees of NOPANIC**
I report on the accounts of the charity for the year ended 31st March 2023 which are set out on pages 5 to 11.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 ("the Act").
The charity's trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. I am qualified to undertake the examination by being a Fellow member of the Association of Charity Independent Examiners.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- - to follow the applicable Directions given by the Charity Commission under section 145 (5)(b) of the Act, and
- to state whether particular matters have come to my attention
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as 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 to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act: or
- the accounts did not accord with the accounting records: or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a "true and fair" view which is not a matter considered as part of an independent examination.
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 accounts to be reached.
Ben Soulby SKS Bailey Group Limited Chartered Accountants Suite 32/33 Normanby Gateway Lysaghts Way, Scunthorpe North Lincolnshire DN15 9YG Date: 21-Dec-2023
Page 12
## **NOPANIC**
## **Financial Statements for the year ended 31 March 2023**
## **Income and expenditure account**
|**Incoming resources:**
Donations
Grants
Membership new
Membership renewal
Telephone support services
Audio/video tapes
Shop takings
Cafcash account interest
Cafgold account interest
CAF Bank Interest
Training
Miscellaneous receipts
Facebook
**Resources expended:**
Expenses offices
Independent examiner's fees
Office supplies
Office rent
Insurance
Telephone
Bank charges
Wages, salaries & Employer’s NIC
Depreciation and amounts written off fixed assets
Other misc. costs
**Net outgoing/incoming resources**|**2023**
**£**
6,687
15,086
8,370
1,140
3,705
793
18,051
138
271
7
242
219
117
54,826
11,803
1,398
1,734
8,816
594
378
1,461
43,691
937
353
71,165
(16,338)|**2022**
**£**
11,489
12,667
14,646
1,069
4,446
1,194
15,699
3
9
-
826
1,139
684
63,872
18,759
1,496
1,818
8,164
-
291
190
42,809
868
497
74,893
(11,021)|
|---|---|---|
This page does not form part of the statutory financial statements.
Page 13