REGISTERED CHARITY NUMBER: 1018184
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2024
for Nopanic
SKS Bailey Group Limited Suite 32/33 Normany Gateway, Lysaghts Way, Scunthorpe North Lincolnshire DN15 9YG
Nopanic
Contents of the Financial Statements for the Year Ended 31 March 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 12 |
| Detailed Statement of Financial Activities | 13 | to | 14 |
Nopanic
Report of the Trustees for the Year Ended 31 March 2024
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).
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 per month. The helpline is now a 0300 number meaning it is local rate and included in free minutes, meaning no cost to the charity and low cost or free for callers, which is a huge improvement on the previous number. This accounts for the massive increase in calls.To cope with the demand, we recruited additional helpliners and 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. In the past, helpliners used their home land-lines but increasingly new volunteers use a mobile phone. The number of helpline volunteers we trained was insufficient to meet our needs due to limits in the number of courses we were able to run and some candidates not completing courses. 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.
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 NoPanic 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.
We have developed good relationships with various universities and have a selection of student ambassadors who promote our services.
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 and has seen another increase since the previous year.
We get many donations so we hope to continue to do well.
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Nopanic
Report of the Trustees for the Year Ended 31 March 2024
FINANCIAL REVIEW
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 NoPanic 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.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
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.
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.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1018184
Principal address
51 Market Street Oakengates Telford Shropshire TF2 6EL
Trustees
J Sarsons (appointed 30/8/2023) W Senior L Fredrick C Scott Z Senior (appointed 29/4/2023) B Robinson (appointed 10/4/2023)
Independent Examiner
SKS Bailey Group Limited Suite 32/33 Normany Gateway, Lysaghts Way, Scunthorpe North Lincolnshire DN15 9YG
Page 2
Nopanic
Report of the Trustees for the Year Ended 31 March 2024
Approved by order of the board of trustees on 9 September 2024 and signed on its behalf by:
L Fredrick - Trustee
Page 3
Independent Examiner's Report to the Trustees of Nopanic
Independent examiner's report to the trustees of Nopanic
I report to the charity trustees on my examination of the accounts of Nopanic (the Trust) for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do 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 Suite 32/33 Normany Gateway, Lysaghts Way, Scunthorpe North Lincolnshire DN15 9YG
9 September 2024
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Nopanic
Statement of Financial Activities
for the Year Ended 31 March 2024
| 2024 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 29,720 Charitable activities 5 Charitable Activities 24,068 Other trading activities 3 27,887 Investment income 4 1,127 Other income 6 310 Total 83,112 EXPENDITURE ON Charitable activities 7 Charitable Activities 72,344 Other 2,025 Total 74,369 NET INCOME/(EXPENDITURE) 8,743 RECONCILIATION OF FUNDS Total funds brought forward 64,991 TOTAL FUNDS CARRIED FORWARD 73,734 |
2023 Total funds £ 21,773 13,215 18,844 417 577 54,826 68,830 2,335 71,165 (16,339) 81,330 64,991 |
|---|---|
CONTINUING OPERATIONS
The statement of financial activities includes all gains and losses of the year. All incoming resources and resources expended relate to continuing activities.
The notes form part of these financial statements
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Nopanic
Balance Sheet
31 March 2024
| 2024 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 12 2,187 CURRENT ASSETS Stocks 13 1,489 Cash at bank and in hand 71,527 73,016 CREDITORS Amounts falling due within one year 14 (1,469) NET CURRENT ASSETS 71,547 TOTAL ASSETS LESS CURRENT LIABILITIES 73,734 NET ASSETS 73,734 FUNDS 15 Unrestricted funds 73,734 TOTAL FUNDS 73,734 |
2023 Total funds £ 2,916 1,638 62,975 64,613 (2,538) 62,075 64,991 64,991 64,991 64,991 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 9 September 2024 and were signed on its behalf by:
L Fredrick - Trustee
The notes form part of these financial statements
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Nopanic
Notes to the Financial Statements for the Year Ended 31 March 2024
1. ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
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.
CHANGES IN ACCOUNTING POLICIES
Change In Basis
There have been no changes to the accounting policies since last year.
Changes To Previous Accounts
No changes have been made to accounts for previous years.
INCOME
Recognition Of Incoming Resources
These are included in the statement of financial activities when the Charity becomes entitled to the resources.
Incoming Resources With Related Expenditure
Where incoming resources have related expenditure the incoming resources and related expenditure are reported gross.
Grants And Donations
Grants and donations are only included when the Charity has unconditional entitlement to the resources.
Volunteer Help
The value of any voluntary help received is not included in the accounts but is described in the Trustees' report.
Investment Income
This is included in the accounts when receivable.
OTHER EXPENDITURE COSTS
Include costs of the preparation and examination of statutory accounts and depreciation of fixed assets.
TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance
These are capitalised if they can be used for more than one year and cost at least £500.
LIABILITY RECOGNITION
Liabilities are recognised as soon as there is a legal constructive obligation committing the charity to pay out resources.
continued...
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Nopanic
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
| 2. | DONATIONS AND LEGACIES | ||
|---|---|---|---|
| 2024 | 2023 | ||
| £ | £ | ||
| Donations | 7,720 | 6,687 | |
| Grants | 22,000 | 15,086 | |
| 29,720 | 21,773 | ||
| 3. | OTHER TRADING ACTIVITIES | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Shop takings | 26,927 | 18,051 | |
| Sale of goods | 960 | 793 | |
| 27,887 | 18,844 | ||
| 4. | INVESTMENT INCOME | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Bank Interest | 1,127 | 417 | |
| 5. | INCOME FROM CHARITABLE ACTIVITIES | ||
| 2024 | 2023 | ||
| Charitable | Total | ||
| Activities | activities | ||
| £ | £ | ||
| Membership fees | 21,785 | 9,510 | |
| Telephone support services | 2,283 | 3,705 | |
| 24,068 | 13,215 | ||
| 6. | OTHER INCOME | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Training | 250 | 242 | |
| Miscellaneous receipts | 60 | 335 | |
| 310 | 577 |
continued...
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Nopanic
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
7. CHARITABLE ACTIVITIES COSTS
| 7. | CHARITABLE ACTIVITIES COSTS | ||
|---|---|---|---|
| Direct | |||
| Costs (see | |||
| note 8) | |||
| £ | |||
| Charitable Activities | 72,344 | ||
| 8. | DIRECT COSTS OF CHARITABLE ACTIVITIES | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Staff costs | 49,029 | 43,691 | |
| Office Rent | 9,315 | 8,816 | |
| Insurance | 599 | 594 | |
| Telephone | 423 | 378 | |
| Postage and stationery | 1,783 | 1,734 | |
| Sundries | - | 353 | |
| Bank Charges | 1,096 | 1,461 | |
| Office Expenses | 8,065 | 11,803 | |
| IT Support | 2,034 | - | |
| 72,344 | 68,830 | ||
| 9. | SUPPORT COSTS | ||
| Governance | |||
| costs | |||
| £ | |||
| Other resources expended | 2,025 | ||
| Support costs, included in the above, are as follows: | |||
| 2024 | 2023 | ||
| Other | |||
| resources | Total | ||
| expended | activities | ||
| £ | £ | ||
| Independent examiner's fees | 1,296 | 1,398 | |
| Depreciation of tangible fixed assets | 729 | 937 | |
| 2,025 | 2,335 |
continued...
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Notes to the Financial Statements - continued for the Year Ended 31 March 2024
10. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
11. STAFF COSTS
| Wages and salaries Other pension costs The average monthly number of employees during the year was as follows: Average number of FTE employees No employees received emoluments in excess of £60,000. 12. TANGIBLE FIXED ASSETS COST At 1 April 2023 and 31 March 2024 DEPRECIATION At 1 April 2023 Charge for year At 31 March 2024 NET BOOK VALUE At 31 March 2024 At 31 March 2023 |
2024 2023 £ £ 47,594 42,754 1,435 937 49,029 43,691 2024 2023 2 2 Computer equipment £ 39,873 36,957 729 37,686 2,187 2,916 |
|---|---|
continued...
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Nopanic
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
| 13. | STOCKS | |||
|---|---|---|---|---|
| 2024 | 2023 | |||
| £ | £ | |||
| Stocks | 1,489 | 1,638 | ||
| 14. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2024 | 2023 | |||
| £ | £ | |||
| Trade creditors | 240 | 1,140 | ||
| Taxation and social security | (169) | - | ||
| Other creditors | 1,398 | 1,398 | ||
| 1,469 | 2,538 | |||
| 15. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.23 | in funds | 31.3.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 64,991 | 8,743 | 73,734 | |
| TOTAL FUNDS | 64,991 | 8,743 | 73,734 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 83,112 | (74,369) | 8,743 | |
| TOTAL FUNDS | 83,112 | (74,369) | 8,743 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1.4.22 | in funds | 31.3.23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 81,330 | (16,339) | 64,991 | |
| TOTAL FUNDS | 81,330 | (16,339) | 64,991 |
continued...
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Nopanic
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
15. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 54,826 | (71,165) | (16,339) |
| TOTAL FUNDS | 54,826 | (71,165) | (16,339) |
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
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Nopanic
Detailed Statement of Financial Activities for the Year Ended 31 March 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 7,720 | 6,687 |
| Grants | 22,000 | 15,086 |
| 29,720 | 21,773 | |
| Other trading activities | ||
| Shop takings | 26,927 | 18,051 |
| Sale of goods | 960 | 793 |
| 27,887 | 18,844 | |
| Investment income | ||
| Bank Interest | 1,127 | 417 |
| Charitable activities | ||
| Membership fees | 21,785 | 9,510 |
| Telephone support services | 2,283 | 3,705 |
| 24,068 | 13,215 | |
| Other income | ||
| Training | 250 | 242 |
| Miscellaneous receipts | 60 | 335 |
| 310 | 577 | |
| Total incoming resources | 83,112 | 54,826 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 47,594 | 42,754 |
| Pensions | 1,435 | 937 |
| Office Rent | 9,315 | 8,816 |
| Insurance | 599 | 594 |
| Telephone | 423 | 378 |
| Postage and stationery | 1,783 | 1,734 |
| Sundries | - | 353 |
| Bank Charges | 1,096 | 1,461 |
| Office Expenses | 8,065 | 11,803 |
| IT Support | 2,034 | - |
| 72,344 | 68,830 |
This page does not form part of the statutory financial statements
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| Support costs Governance costs Independent examiner's fees Depreciation on computer Equipment Total resources expended Net income/(expenditure) |
Detailed Statement of Financial Activities for the Year Ended 31 March 2024 2024 2023 £ £ 1,296 1,398 729 937 2,025 2,335 74,369 71,165 8,743 (16,339) |
|---|---|
This page does not form part of the statutory financial statements
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