Registered numbef: 02804429 Charity number: 1019663 BRITISH INSTITUTE OF LEARNING DISABILITIES TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ¥A41KOE74" 03112r2021 COMPANIES HOUSE Diii A07 #16S Bishop Fleming BRITISH INSTITUTE OF LEARNING DISABILITIES CONTENTS Page Reference and admlnlstratlve detalls of the Charlty. its Trustees and advisers Trustees. report Independent auditors. report on tho financial statements Consolidated slalement of financial activities 10-13 14 Consolldated balance sheet 15 Charfty balance sheet Consolidated statemefit of cash fl¢)ws 16 17 Notes to the finaneial statements 18-37 BRITISH INSTITUTE OF LEARNING DISA8ILmES REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2021 T￿￿teeS Beail (resigned 25 November 20201 Colin Dale (resigned 15 April 2021) Alan Jefferson (reswJned 25 November 2020) Sally Lapsley Michael Mclaughlin {rewgned 31 August 2020) Simon Mountford Fredefick Mumford Fh)na Rrtchie (appointed 25 NoMEmber 2020) Dr Ashok Roy Teresa Sargent lapwnted 25 November 2020) Andrea WKJgins (appointed 25 November 20201 Charity registered number lo1￿3 Principal office Birmingham Re5eareh Pa 97 Vincent Drive Edgbaston Bimiingham 8152SQ Chlef executNe ¢)fflcer Benjamin Higgins Independent audito Bishop Fleming LLP Chartered Accountants 14 College Yard Worcester WR12LB Bankers Uoyds Bank PLC 1 Vicar Street Kiddermin5ter Worcestershire DY10 1DH Sollchors mfg Solicitors LLP Birmingham Road Kmjdemiinster Wor¢e$tershire DY10 2SA Page 1 BRITISH INSTITUTE OF LEARNING DISABIUTIES TRUSTEES. REPORT FOR THE YEAR ENDED 31 IAARCH 2021 The Trustees P￿sent their annual re￿￿ together with the audrted financial slalements of the Charity for the year 1 April 2020 10 31 March 2021. Despite challenges and impact of the Cow&19 pandemic and IM￿ on our ability lo deliver face to face training, Bild has continued to demnstrate the abilty to adapt to the new financial circumstances and developed a range of projeet delivery and blended ￿MIng ofters whKh woik lo improve the qualty of lrfe for peop￿ with leamin9 disabilities arKVor autist￿ people throughout the yeaf. with a range of partners. we develop programmes, evaluate systems. define standards. and share gOCMJ practice world•wide. The pandemic also gave Bild the opp¢)rtunity to rewew all expendrture streams to ensure delivery was as cost effed as possible and this has been achieved by the hard work of all those invofved throughout the entire Bild team. The budget for 20r21 approved by T￿slee$ was ¢￿￿oUS for Bild given Covid-19 pandemic was just starting. Bild was a highly sustsinable organisat￿n prior to Covid and, the par￿emie have a signfficant short4em) impad on Bild las well as the 8ikJ AsS￿lation of Training (Bild ACT) and the Bibd Reslrainl Reduction Netsvork (Bild RRNI. However. the finarKial resutts have been very posthve lor the group. delivering a SLtrplus of £235.447 compared to a ¢Jeficit of £158,668 in 2020 and this reenf￿¢e$ the decision to invest in two additional sustainable charities in the prior peritxfs. Our reserves have started to recover back towards the desired level set out in the reserves polw. Following the Maturat￿ of the Cert￿￿ath0n scheme over the L4st 2 years. alon9 With the eontinued interest $hovm in our workforce training and Organisat￿nal development progfammes, Bild has led on a stgnificanl number of projects in the perkJl_ FurthemKJre. desprte the pandemic. our pipeline for further work is stronger than ever, and the develcpnent of online blended delNery models leads us to believe that Bild has a highly sustsinable business model for the fulure. Positive Behaviour Support {PBS) .Inleresl in PBS Workfor￿ development ec￿￿"nUeS lo grow afthough cti￿d meant providers were focused on other things and training in general was put on the back bumer. Erouirie5 are now increasing again with schools being a growing market for PBS. We we Currenlly working wrth more than 100 Organ￿al￿$ lo support workfor¢e and organisational development. We have estsblished a new blended leaming PBS Di?k#na and CertifK*e. This has been successful than and we are n¢)w enrolling our 4th eohort, in ￿drt￿)n we are devekping new practice leaders programmes lo enrol in January 2022. We have many farn1￿ carers Currently pro9res51ng through the qUalif￿l￿n. We also have estsblished a peer educators programme where famity carers support other family cares to learn about PBS and are working to roll out a trauma infomEd PBS programme wth Respond across a Trust. We have an online PBS offer for Ihose customers who prefer that. We had to postpone and eventual￿ cancel plans for the 2020 conference in Glasgow due to Cowd-19 and instead set up our first wrtual conference in September 2020, attended by almost 500 delegates. The postponed conference will now lake pLgce in Odober 2021 in Glasgow and will be a hybrid event ￿￿51StIng of in person delegales and virtual ddegales attending via our virtual pLaltomi. Bild Restraint Reduction NelY￿rk The Restraint Reducl*)n Nets¥ork charity aims to eliminate the ￿neceSSary use of restricthve praetices. Sir Nomian Lamb is patron of the RRN. The RRN steering group brings together people ccffnmitted to human rights and restraint reduclion across the UK and across education health and social care. This includes people with lived experience of ￿$traInI. professionals. bod￿$. govemment departsnents and academics. The RRN trainin9 stsndards have been endorsed by a ￿de range of professional bodies. They are a requirement of NHS commissioned services and expedthn of CQC reguL4led servw. An independent evaluation of the standards has been cMYnissioned. The RRN has been commissioned to do a number of proieets by NHSE. CQC. Welsh g¢)vemment - including work of blanket restrictions. These projects are led ty Alexis Quinn who has lived experienced of being restrained. Page 2 BRITISH INSTITUTE OF LEARNING DISA8ILmES TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2021 Bild Association of Certified Training Bild A$s￿lation of certrf￿ Training {ACT) is a separate registered charitable organis81ion.from Bild and is certffication boty accredited by Unrted Kingdom Accreditat￿ Ser¥￿e IUKAS) as complwng wlh the ISO 17065."2012 certrfication stsndards. ACT is licensed by the Restraint Reduth"on Netwo￿ lo use the Restraint Reduction Network Training Standards and deliver the Restraint ReductK)n Netwo￿ Certthcalion Scheme. There are 59 training organisation5 certffied under the scheme, with a further 41 working Iwards. rt takes apptoximately one year lo work through and achieve certification. Once certrf￿, rt lasts for three years and 20% of senior trainers. curricular and aftiliated organisats"¢)n are assessed over that period. NHS Commissioned services require certification of trairmng services. CQC also expects regulated services awss ￿alth a￿1 soaal care lo have certifi&J training. The Oliver M¢Gowan Mandatory Tr•ining This project was funded by Heatth EducatK)n England. This training give$ a basic understanding ol how lo meet the needs of people wrth ￿arning dtsabil1t￿s. and aLrtstic people_ The training ha$ 2 t*rs. Tier 1 is for all people who work in health and social care, while T￿r 2 is for fronlline heallh and Sfxial care employees. Training can be delivered in*erson and wrtualty. It has been CtrdeVelor￿ and is co4elivered with experts by exper¢ence. The development phase has been completed by March 2021 and both fierfs 1 and 2 training being delivered by the end of November 2021. The training has been iThdependenty evaluated by National Development Team for Inclusion INDTI). Improving the heafth and v*llbeing of peoplè wlth learnlng dlsabilities The Valuing People Allonce i8 a coalition belween Bikl. the National Development Team lor Inclusion INDTi} and Learning Disabilty England (LDE), also working alongsKle Ihe Challenging Behaviour Foundation IC6FI. ResporKI, Paradigm-UK, and other voluntsry, community and social enterprise ￿csEl organisations and is a proje¢l committed to inprowng the heahh and wellbwng of dl people wi(h leaming disabilth'es including those who have autism andlor mental health COrKI￿"0n$. as well as pe￿e who may be in contsct with the criminal Justice system. and their familylcarers. Working in areas such as advocacy, reslraint reducti￿. ￿Using arKI workforce development. we aim lo develop the best practice guidance and encourage the implementst1￿ ol this guidance through webinars, social media and other communication ￿EthOdS. supported by a Community of Practtt Whe￿ possible. PBS Allianc• We facilitate the PBS Allan￿. a partnership of Or9an￿tK)nS fiKused on wnwowr*J the qualrty of lrfe of people whose behavior may challenge ServI￿S and those provtding Support. We have 16 regional PBS nelworks who are members of the alliance and new have regular meetings and webinars. Bikl aL80 looks after the web page and resources for the Allianee. There is an expanding schcK)1s' 9roup. which aims to estsblish a shared urKlerstsnding of PBS in sthools. sh￿e e￿sting good p￿￿Ctice and idea5 for development and implementalK>n. As well, thls year: We have ￿vamped our &ld membership offer to grtyv our membership. New benefts include xcess to CPD opportunrties and di5eounts on training. We have also launthed a new membership scheme for the Restraint Reduction Nefvlork. Pw3e 3 8RlnSH INSTITUTE OF LEARNING DISABILITIES TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Objectives and Adiviti95 a. Policies and Objectives The objects of the Charty are to advance educat*Jn research r￿"n9 to leaming disabilrties, autism or both including those ￿th complex needs assoaated wrth behaviour. mental heaAh or physul health Imulliple and profound disabililiesl in order to improve supp)rt for persons wrth such disats'lit'ies. What we stand for: Championing people's rights and enabling excellent support Professor Gerry Simon set up Bild in 1971 because he was conwnced the￿ CoU￿j be better support in the mmunty for people with disabilrt*s. We've been ChaMp￿ning Ihe rights of peo* with disabilil*s ever since. Bihj uses rt¥ skdls. knowledge and experience lo tum poI￿Y bnto practts, sofve problems and improve support. In working wrth Govemment departments, local aLrthontie5, health trusts, Serv￿ provklers and mainstream ¢yganis*ions. our aim 1$ to ¥nprove the ql￿lIty of the lives of Peop￿ with disabilibes. Our vlsion is a society where Fejple wth d55abilrties are equal cittzens, ab￿ lo enTr)y the same rights and opportunit¢es as everyone dse. Our mission is to enable excellent support, champion the rights, and improve the quality of life of people with disabilth'es. We endorse ethical approxhes lh* promote human rights. inclusK)n in society and equalty of opportunities. What we do Universitses GoverThnent •p￿ PrDvider5 and SUPF or9arMsations •EVKI￿ ba51 BILD Qu￿lty¢[lIle We facilitsle change. luming ￿Search. and ewdence based prxl￿e into Pfaclical organisalional development pr¢yJrammes that help efiSU￿ excellent support and a better quality of lrfe for people with disabilrties. Our consuhancy, training and professional development, conferences and publishing all contribute to supportry organrAt1c￿S to conkn"nuousty improve pr￿tI￿. In developing Bild's current strategy and planning our future activihes. the Trustees confwm that they have referred lo the Charty Commission's 9uidance on Publ￿ benefft. Policy and influencing The Valuing People Alliance is a Coalb￿n belween Bdd. the Nat￿01 Dovel¢)pmenl Team for In¢lu$ion INDTI) and Learning Disability England. atso worting ak)ngsKle the Challenging Behaviour Foundats'on ICBFI. Respond. ParadYJm-UK. and other organisations in the volunlary, C￿munrtY and social enterprise IVCSEI seclor. This is an important partnership for statutory heatth and social Ca￿ trjencies and pL4ys a key role in improving heakh, well-being and care outcomes for Peop￿ wrth leaming disabilities including those who have autism andlor Mental Health conditions. as well as people who may be in contact with the Criminal Justice s￿leM, and their family carers. Bild has a Pla￿ on the Department of Work arKI Pen$￿s. minister￿ Taskforce on AMematr¥e Formals whith works to make sure thal their infonna11￿ is accessible to the WKI8 range of communication needs required by disabled people. Our role is lo raise their awareness of the Communic*￿nIacCesSib11ty needs of pe¢Jple wi(h leaming disabilit￿$. Page 4 BRITISH INSTITUTE OF LEARNING DISABILMES TRUSTEES. REPORT (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2021 Flnancial review •. Going concern The Trustees consider that there are no material uncertainties about the charitable group's ability lo continue as going concem. This is evKlenced by the improving financial performance of the group eharilies throughout 2020121 and the subsidiary CharIt￿S both demonstrating their ablIrt￿S lo become self-funding. In addition to this. the large amount of deferred inc(xne for services rKst yel administered give$ the trustees COnf￿￿enCe that the group has at very least the abilty to meet all its obligations in the ￿MIng 12-month period. The Trustees do not consNJer that there ate any Sou￿5 of estimation urKertairty at the reporting date. that have a significant risk of causing a material adjustrnent to the car￿￿j amounts of assets and liabilities y￿h1n the next reporting penod. b. Reserves policy AS o matter of policy. exh year the Trustees reviv4V the vahje of reserve5 retained in the form of investments, ash and ￿$h equivalents not held for restricted purpose5. The Board cOns￿eT the Charty's exposure to major risks in terms of their likely #mpact on income sources and pkinned experKliture in the short lo medium term. as Y￿11 as assessing the besl way to manage such r￿ks. It wa8 agreed that tsrget free reserves of the group should be sel at £350,1)Xl, based on three months of full operational costs includin9 ieslricted expenditure. Thi% is a prudent larget which is comparable with the average for large charitses (those with incomes in e¥ces$ of £500,01)01. At 31 March 2021. total reserves stood at £289k (2020.. £54kl. of which free reseryes totslled £196k 12020.. {£945}I, calcuLaled as f￿[OWs.. 2021 2020 Reserves Less unreslricled fixed assels Les5 restricted funds Free reserves 289.215 67.3091 {26.0581 195.848 53,768 (51.853} (2.8601 (945) In the previous year. the accumulated reserves were deliberate￿ ulilised the erealion of the two new charitable subsidiaries within the group_ Despite the im￿1 of the pandemic. both subshliaries have started lo demonstrate their abilty to become self-funding within Ihe Im￿year Perh￿ set out at the tyne of their ￿nCeption. Due to the impact of the coronavirus pandemic. reserves have been monitored monthly from April 2021 by the Finance Sub-committee in greater detail than ever. The reseNes poly is continually reviewed by the Trustees arKI the￿ has been no change in the current financial period. Page S BRMSH INSTITiJfE OF LEARNING DISABIUTIES TRUSTEES. REPORT {cop¥nNUEDI FOR THE YEAR ENDED 31 MARCH 2021 c. Consolidated Financial Review and Results for the Year The total surplus for the year anounted lo £235.447 compared to a deficit of £154.668 last year. This included unrealised invesln*nt gain of £19.082 {2020.' loss £3.304}. In summary". Restricted Grant incon* including prinupal sums lotslled £76,000 12020.. £113.883}. Restr￿ed Grant expendilure including principal sums lotalled £11S,29912020". £165.6921 un￿S111¢ted income tcAdled £1.242,794 12020.. £1.434.260). Unre5tricled expendrture totalled £1,049,627 12020. £1.533.8151. d. Investrnent Policy and Performance The Charty currenlty hdds the svJnrfunt majorty of ils funds in a Treasury Deposit Account. In the year these funds earned an averaye retum rate of 0.01%12020 0.01%) wh￿h was acceptab￿ to the Trustees gwen the low level of risk and low martet returns available. The value of investments in shares and unrt trusts has decreas&J by £19.092 - 61.9% 12020 decreased by £3,304- 9.7%). 2021 Units Unrt Value Value Unit Value Units Value Tesco JPMF UK Smal*r Cc￿panieS Fund TrAal 22915 1.911 2288 834 1.908 6.6260 72432 47 994 49.905 7243.2 28 914 e. Risk Management The Trustees are aware of their re5ponsibilrties for ensurFng that Bikl minimises rts exposure to risk and provides effeetive management where risk is Klentrfied. The management learn have implemented a fomial risk management process lo assess business risks and implement risk management strategies. This has involved identty'ng the types of risks the Charity faces. c*egorising them in temis of potential impact and likelihood of occurrence, idenltyng ￿Sponsibl[it1es for managing each level of risk. and then implementing appropriate risk management slfategies * each level. A iisk policy has been agreed wrth the Board as to which evaluated risks are to be reported al Trustees meetings, at FinarKe Sub C¢?mm￿ee meetsngs and those risks which may be deatt with at management level. The risk ￿gIster VAII be ￿n￿nualty wewed and updated to refiect the risks Cons￿ered material to the organisation. Page 6 BRMSH INSTITUTE OF LEARNING DISABIUTIES TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Structure, governance and management a. Constilutlon THE 8RlnSH INSTITUTE OF LEARNING DISABILMES is a registered Charity (No.1019663) and membershy company (No. 2804429) limited by membership guarantees. Ils registered off￿e is as shown on page1. The Charity is governed by its MemorarKILwn and Arttcles of AsS￿latiOn a(kJpted on S March 1993 last amended on 12 January 2018. The 803rd of Truslees is responsible for the overan governance of the Charity. Trustee$ are elected by Trustees and approved by members al an Annual General MeetitvJ. At any one time the number of Trustees shall be not less than 4 and not more than 20. Elected Truslees may remain in off￿e for not more than eight years {tNffj four year terms) before retirement. Trustees may be revelected on the second annwersary of their ￿t1￿ment . Positive working rel*t'onship$ and partnerships belween Trustees ar￿ staff continue lo contribute signfficanlly lo the achievement of the Charitys aims. Trustees met as a Board four ts.mes during the year to review strategy. operational arKI invest1￿nt perfrnnce and operating ￿an$ and budgets. The Board delegates the exercise of certain of its p￿erS in connection wlh the management and administration of the Charty as sel OLrt beltrw. This is controlled by regvlar reporting to the Board so that all decisions made under ddegated pwers can be ratified by the full Board in due course. All Trustees gNe of their Iwne freety and M Trustee remuleratim was in the year. Oetsils of Trustee expenses and related paty transactions are di5d05ed in note5 11 and 26 to the accounts. The Charity has an expenses Poli￿ which applies equalty to Trustees. Management and Staff. This policy provmles guidance on permitted finanual limits by category of expendrture and requires all expenses lo be approved by a mole senior authorty. Trustees are required lo disclose all relevant interests and ￿gISter them with the Chief ExecLrtive and in accordance wrth the Charrtls polw withdiaN from decis￿ where any con11￿t of interest arises. b. Finance SU￿0mmIttee In 2020f21. the Finance Sub4ommittee met twelve tir￿$ during the year. an increase ¥1 the previous years, due to the pandemic and in the interests of addrt￿n￿ governance. Its membership consists of ￿ Twstee representatives and the sen￿r managers of the Chanty. 11 is responsible for the general financial management and intemal control and 1$ also ¢har9ed with reviewing the strategy. polw and management of the Chantys investments. and admsing the Boar(l of Tnjstees accordingty. The Committee ensures proper procedures are in place to manage cash resources prudendy and to maximise income from liquid resources with regard to risk while maintaining suificient funds to meet daily cash requirements. The Committee advises the Board of Trustees for each of the group's charitable entities on the appropriate level of free and designated reseNes and of any s￿n￿¢an1 change needed in investment Strategy. . Build for the Future Build for the FLrture has been Bild's ad￿SOry group of self-advccates drawn from local and national advocaey organisalions. The group has been very successful in ccKnmenting on Bild's work and sharing the important issues for their lives. Hcwever, following a meeting with Bld's Chief ExecutNe on 16th October 2017, it was agreed to relaunth the advisory group. The group have spent time making sure that they will woth in induswe ways and thinking of tssues that they want Bild to look at They have renamed the group'Buikl for the Future- sense of belonging. The members have emphasised that"Teamwoth makes the dream work." Page 7 BRITISH INsnTUTE OF LEARNING ￿sA￿UnEs TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Stwcturgl governan¢¢ and fflanagement ICONTINUEDI d. Chlef Executlve The Chief Executive is responsible for the day4trday manawent of the Charitys affairs and for implementing the strategy and polKie$ agreed by the Board of Ttuslees. During 2020r21. the Ch￿f ExeartNe was assisted by the Senior Leadership Team and the wider team. STATEMENT OF TRUSTEES. RESPONSIBIUTIES The Tnjslees are reSponsi￿e for p￿paring the Twstees. report the financial ststements in &￿rdance with applicable law ar￿ Unrted ￿'ngd￿Th Acctyjnting Standards (unit￿ King¢S)m G￿rnIty Accepted Accounting Practice). The law applicable to Charrt￿s in England & Wales requiies the Trustees to prepare financial 5L*emenls for each financial year which gNe a true and fair view of the state of affairs of the Group and the Charity and of their incoming resources and application of resources, induding thwr inccrfne and expendrture, for that period. In preparing these finan¢pl statements. the Trustees are required to: select suitable accounting poI￿leS and then appty them consistenltr, observe the meth¢Jds and principle5 of the chariti.es SORP {FRS 102); make iudgements arKI accourrting estimates that are reasonable and Prudent.. state whether applicable UK AccountiThJ Standards IFRS 1021 have been folk>wed, 5uts.ect to any materkil departures disclosed and explained in the financial statemenls.. prepare the financial ststements on the going concem basis unless it is inapprcpriale to presume that the Group wll continue in business. The Trustees are responsible f¢y keeping adequate accounting records th* are suffi¢Ènl to show and explain the Group and the Charity's tranSaCt￿nS and disclose reasonable accuracy at any time the financial posrtion of the Group and the Charrty and enab￿ them to ensure that the financial statements compty wlh the Charities Act 2011. the Charity (Accounts and Reports) Regulations 21]08 and the provis￿nS of the Trust deed. They are also responsible for safeguarding the assets of the Group and the Charty and hence for tsking reasonable steps for the prevention and detedion of fraud and other irregularities. Dlsclosure of Infommtlon lo auditors Each ofthe pe￿n$ WI￿ are Trustees al Ihe time when Ihts Truslees. report is approved has C￿fiMied that.. far as that Trustee is aw￿¢. there ￿ no relevant audit inf￿t￿n of ￿1¢h the charitabbe group's auditors are unaware. and that Trustee has taken all the steps that OU9ht lo have been taken as a Trustee in order to be aware of any relevant audit informatDn and to establish that the ¢harttable gr¢)up's auditors are aware of that infomialion. Audltors The auditors, Bishop Fleming LLP, have indicated their willingness lo conts.nue in olfte. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees. Approved by order of the of the board of Trustees on 1 October 2021 and sigr*d on their behalf by". P•Je 8 BRITISH INSTITUTE OF LEARNING DISABILMES TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Flona Ritchle Chair of the Trustees Page 9 BRinsH INSTITUTE OF LEARNING DISABILIMES INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF BRITISH INSTITUTE OF LEARNING DISABILITIES OPINION We have audited the financkql slalemenls of British Institute of Leaming Disabilrties (the 'parenl charitable eompanll and its subsidiaries Ithe 'group'l fof.the year ended 31 March 2021 which comprise the Consolidated Slalement of Financial ACtiVrt￿S, the ConscAidaled Balance Sheet, the Charity Balance Sheet, the Consolidated Slalement of Cash Fl¢)ws arKI the related notes. induding a summary of signtfi¢anl axounling policie5. The financial reporting framework th* has been appl*d in their preparatK)n is applicable and United Kingdom Accounting Stsndards. induding Financial Reporting Stsndard 102 The Financial Reporting Standard applicable in the UK and Republic ol Ireland {United Kingdcm Genernlly Accepted Accountirg Praeti¢el. In our opinion the financial state￿￿nts.. give a true and fair view of the state of the Group's and of the parent Charrtab￿ corryjanls affairs as at 31 March 2021 and of the Group'5 incoming resurse of the audit.. the information given in the Trustees. Report for Y￿ for wh￿h Ihe financial statements are prepared is eonsislenl with Ihe finanual stalemenls. the Truslee5' Report has been prepared in accordance wthh applicable legal requirements. mA￿ERs ON WHICH WE ARE REQUIREO TO REPORT BY EXCEpnoN In the Iyht ol our kno¥￿edge and understanding of the Group arKI the parent chairtable company and its environment obtained in the wirse of the audrt. we have not identrfied matenal misstatements in the Trustees, Report. We have nolhing lo report in respect of the m*iers in relatw to Nvhich Companies Act 20[￿ requires us lo report to you rf, in our opinh)n'. the parent charitable company has not kept adequate sufficient acthinling records. or returns adequate for our audrt have not been received from branches not Vistted by us", or the parent charrtatAe company financial statements a￿ not in agreement with the accounting records and Telums- or certain disclosures of Trustees. remuner*ion specffied by law are not made,. or we have not ￿ceiVed all the information and expLanatk)ns we require for our audit., or the Trustees were not entitled to wepare the financkal statements in accordance ￿th the small companies regime and take advantage of the small companies, exernpt￿ns in preparing the Trustees, Report and from the requirement to prepare a Strategic Report. RESPONSIBIUTIES OF TRUSTEES As explained more fuly in the Trustees. responsibllrt￿S statement. the Trustees (who are akn the directors of the chafrtable company for the purposes of company law} are responsible for the preparation of the financial statements and for such inlemal control as the Twstees detemiine is necessary lo enable the preparation of financial ststements that are free from materia misststemnl whettler due to fraud or em)r. In preparing the financial stalemenls. the TfU$tees are responsible for assessing the Group's and the parent chafrtable eompanls abilty lo continue as a going con¢em. disclosing, as applicable, matters related to going concern and using the going coneem basis of a¢￿UntIng unless the Tmstees either intend to liqU￿late the Group or the parent charrtable company or to cease operations. or have no ￿alIst￿ ahemth.ve bul to do so. AUDITORS. RESPONSIBILMES FOR THE AUDIT OF THE FINANCIAL STATEMENTS Our objectives are to obtain ￿aSOnable assurance aboLrt wthether the finan¢Èal $13temenls as a ￿Ole are free from material misslatemenl, whether due lo fraud or error, and to issue an Auditors, Report that includes our opinion. Reasonable assurance is a high level of as5uranee, but is not a guarantee that an audit conducted in acwrdance wth ISAS (UK) will aKvays deted a material misstalemenl when rt exists. Misstatemènts Can arise ffom fraud Of error and a￿ Cons￿e￿d material rf. indmdually or in the aggreg*e, they could reasonably be expected to influents the economie deusk)n$ of users laken ¢Jn the basis of these financk41 statements. Irregularities. including fraud. are instances of nOn￿mplIance wlh laws and regulations. We design procedures in line with our responsibilities, outlined above. to delecl material m¢sslatements in respect of irre9ularilies, including fraud. The extent lo which our procedures are capable of dete¢ling inegularil*s. Ir￿uding fraud is detailed bek)w. We have consmjered the nature of the sector. control enmronment arKI finanaal perfomiance; We have considered the results ol enquiries with management aThJ Iwstees in relation to their own idenlfficalion and assessment of the risk of irregularitie5 Wrthin the entity.. and P￿ell BRinsH INSTITltrE OF LEARNING DISABILMES INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF BRITISH INSTITUTE OF LEARNING DISABIUTIES ICONTINUEOI We have reviewed the dLKuw£ntation of key processe5 and controls and perfomied waklhroughs of transactions to confim that the systems are operating in line wrth dctumen1a1￿n. As a result of these pr￿ed￿re$. we have considered the opportunii*s and Ir￿entiveS that may exist within the organisation for fraud and idents'fie(I the highesl area of risk to be in relatp)n lo ￿venUe ￿¢09n￿(lon. wlh a particular risk in relation to yearénd cut off. In cornion with all audits under ISAS {UK) we afft also required lo perfoTm specffi¢ PT¢xedures to respond to the risk of management overrKIe. We have also Obtai￿ understsnding of the *gal and regulatory frame4vorks that the Charty operates in. focusing on provisions of those laws and wul*K)ns that had a direct effect on the determination of maleri81 amounts and disclosures in the financial slatemenls. The key laws and regulations we considered in this context included the Charities Act 2011. Charrty SORP 2019, FRS 102 and the tem)s and conditions attaching lo material grants received by the Chanty. In addition, we considered the prow$￿nS of other law5 and regulations that do not have a direct effect on the financial statements but Compliance with wh￿h may be fundamental lo the Charitls ability to oper*e or oV￿d a m*erial penalty. These included data protedion regulations. health and salety regulations and empbyment legislati￿. Our procedures lo Tespond lo risk5 wJenlrfRd Ir￿uded the follrywing.. Revwiing the financial slatement d￿¢￿Su￿ and testing lo Supporting dccumentation to assess compliance th provisions of ￿levant laws and regulations described as hawrg a direct effect on the financial statements., Performing w￿1¢01 prowlures to Klwtify unusual or unexpected relat￿nShIpS that may indicate risks of material misslatemenl due to fraud.. Reviewing board meets.ng minutes,. EnquiFing of management in relation to adual and potenlhal daims or litigations. Performing detaikd Iran&ffts"onal testing in rela￿n to the recognitton of revenue. Specif￿lty grants, with a particular fctus around year-end cul off", and In addressing the risk of fraud Ihrtyjgh rnanag￿nent ovefflde of controls. testing Ihe appropriateness of I￿rnal entries and other adjustments" assessing whether the judgments m•Je in accounting estimates are indicative of polenlial bias," and evalu81ing Ihe business ration* of swJnrfKant transactions that are unusual or outside the nomial course of business. We 81so communicated relevant idefttrf￿d l•ws and regul*ions arKI potential fravd Ttsks to all engagement team members, and remained alert lo any indulions of fraud or non-compliance wrth laws and regulations throughout the audit. Our audit procedure$ We￿ desvJned to respmd to risks of rnater￿1 missLitemenl in the financial slalement5, recognising that the risk of not detecting a malerial misstatement due to fraud is higher than the risk of nol delecling one resuth'ng fre￿ an error, as fraud may invofve deliberale concealment by, for example. forgery. misrepre5entalions or throu9h collusion. There are inherent limilalions in the audit procedures perfomed and the further removed non-crynpliance with taws and regU1atK￿s is from the events and transactions reflected in the rinancial statements, the less IiThely we woukl be¢(ffie &Yare of IL A fvrther descrytion of responsibiliknes for the audrt of the finan￿al ststemenls is ￿ated on the Financial Reporting Counthl's website at.. www.frc. .ukJaudrtorsres nsibilities. This descrip￿ fomis part of our AudrtOTS' Report. USE OF OUR REPORT This report is made SO￿lY to the charitsble companrf5 members. as a body, in ac¢ordan¢e with Chapter 3 of Part 16 uf the Companies Acl 2006. Our audrt work has been undertaken so Ihat we might stsle to the charitable companty5 members those matters we are required lo stale to them in an Auditors, Report and for no other purpose. To the fullest extent pemrtled by Law. we do ￿t accept or assume responsibilrty to anyone other than the charrtable compan￿$ members. as a P*>Yy. for crtK aud￿ wThk, for this report. or for the ¢pinions we have fomed. Pa3e 12 BRITISH INSTITUTE OF LEARNING DISABILMES INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF BRITISH INSTITUTE OF LEARNING DISABIUTIES (CONTINUED) Andrew Wood FCCA {SenKir StatutoryAL*Jitor) for an on behalf of Bishop Floming LLP Chartered Accountants Statutory Audrtors 1-3 College Yard w9￿eSte1 WR12LB 7 October 2021 Page13 BRITISH INSTITUTE OF LEARNING DISABIUTIES CONSOLIDATED STATEMEpif OF FINANCIAL ACTIVMES FOR THE YEAR ENDED 31 MARCH 2021 Restricted Unrestricted funds funds 2021 2021 Total lunds 2021 Total funds 2020 Note Income from: Donations and legacies Charitable activitses Other trading actiwknes Investments 76,000 62,497 157.384 1.082.147 3.182 81 233.384 1.144.644 3,182 81 113,774 1.425,024 9,079 266 Total income Expenditure on: Charitable activrti8S 138.497 1.242.794 1.3B1291 1,548,143 115.299 1.049.627 1.164,926 1,699,507 T<>tal expenditure Net in¢omellexpenditure) before nel gainslllosses) on investments 115.299 1.049.627 1.164.926 1.699.507 23.198 193.167 216.365 1151.3641 Net gainsllbssesl on investments 19.082 19,082 13.3041 Net in¢omellexpenditure) T￿Sfer5 befv￿en funds 23,198 417 212.249 {4171 235.447 1154.6681 18 23.615 Net movement in fund5 211,832 235,447 1154.6681 Reconciliation Of funds: Total funds brought forwwd Net movement in funds 2.860 23,615 50.908 211.832 53,768 235,447 208,436 1154,668 26.475 262.740 289.215 53,768 Total funds caffied forward Page 14 8RITISH INsnTUTE OF LEARNING DISABILITIES REGlStERED NUMBER: 02804429 CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2021 2021 2020 Note Fixed assets Tangible assets Investments 12 7.868 49.904 21,031 30,822 13 57.772 51,853 Currnnt assets Stocks 14 42.S47 892.629 1.205.457 49,486 803,839 357,988 Debtors Cash at bank and in haNI 15 2,140.633 1.211,313 Credf(ors". amounts falling due wthin one year 16 (1.909.190) {1.209,398) Net current assets 231.443 1,915 Total assets less current liabilities 289,215 53,768 Totrl net assets 289,215 53,768 Charity funds Rgstrided funds un￿tricted funds 18 18 26,475 262,740 50,908 Total funds 289,215 53,768 The finan¢iJ stslemenls were approved arKI authoris61 for issue by the Trustees on 01 Oclober 2021 and signed on their behalf by. Teresea Sargent Tnjstee The notes on pages 18 10 37 form part of these financial sLitements. Page 15 BRITISH INSTITUTE OF LEARNING DISABILMES CHARITY STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31 MARCH 2021 2021 2020 Notg Flxed assets Tangible assets Inve$lmenl$ 12 13 7,868 49.904 21,031 30,822 57.n2 51.853 Current assets Stocks Debtors Cash al bank and in hand 14 39.779 873,894 1,OSS,102 46,718 714,975 342,499 15 1.968.775 1.104,192 Creditor5'. amounts falling due within one 16 11.767.930) (1,040,064) N•t currènt ass•ts 200.845 64,128 Total assets less ¢urrenl liabilities 258.617 115.981 Net assets excludSn9 penslon asset 258.617 115,981 Total net assets 258.617 11S.981 Charity funds Reslricled funds Unrestricted funds 18 2.860 113.121 18 232.559 Total funds 258.617 115,981 The Chantys net movement in funds for the ￿ar¥*￿$ £142.635 {2020 - £192,4531}. The financial statements were apwoved and authori5ed for issue by the Trustees on 01 October 2021 and signed on their behalf by.. Teresea Sargent Trustee The Th)tes on pages 18 to 37 form part of these financial sL*ments. P￿e 16 BRITISH INSTITUTE OF LEARNING DISABILITIES CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH-2021" 2021 2020 Cash flows from operatlng actlvltles Net cash used in operating actiwties 851.857 1179,6141 Cash Ilows from investing activities Purchase of langibbe f￿ell assets 14.389) 114,024) Net Cash used In Investlng adSvStles 14.389} 114.0241 Cash flo￿ from financing activities N•t cash provided by financing activities Chang• In cash and cash equivalents in the year Cash and cash equivalents al the beginning of the year 847,468 {193.638) 551,626 357.988 Cash and cash equivalents at th• end of th• year 1.205,456 357,988 The n¢)tes on pages 18 to 37 form part of these ffinan¢ial stateTh￿ts Page17 BRITISH INSTITIJTE OF LEARNING DISABIUTIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 GENERAL INFORMATION The British. InstrtLrte of Leamir@ Disakn"lrties is a company Iwnited by guarantee incorporated in England and Wales. The registered office is Binningham Research Park, 97 win￿nt Drive, Edgbaston, B15 2SQ. The prinapal actmty CA the grow is that of a Charity tNho aim to promote a society where people w￿h disabilities are equal crtizens, able lo enjoy the same nghls a)d opportunitW6 as everyone else. The group's presentstional and fUnCt￿nal currery 15 GBP. The financial st*m8nts are rounded to Ihe nearest pound. ACCOUNnNG POLICIES 2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS The financial ststen*nts have been prepared in a￿)(danCe wrth the Charf(ies SORP (FRS 1021- Accounting and Reporting by Charilies.. Slatement of Recommended Practi￿ appIl￿ble to chafities Preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and RepU￿$C of Ireland {FRS 1021 {effective 1 January 20191, the Financol Reporting Standard applicable in the UK and Republ￿ of Ireland IFRS 102) ar￿ the Compan￿$ Act 20C6.. The financial st*emenls have been prepared lo give a Irue and fairf wew and have departed from the Charities (Accounts and Reports} Regulations 2008 only to the extent required lo provide a and faif v￿. This departu￿ has invowl foltowing the CharitEs SORP IFRS 1021 published in October 2019 rather than the Accounting and Reporting by Charilies.. Ststement of Recommended Practice effective from 1 April 2005 whith has since been vrilhdrawn. 8rrtish Instrtute of LearNng DiSabilrt￿S meet5 the defin￿.0ft of a public benefft entity under FRS 102. Assets and l1abilrt￿S are initialty recognised at hbstorical cost or transaCt￿n value unless otheThvise stated in the relevant accounting polry. The Consolidated Statement of Financial Activities ISOFAI and Consolidated Balance Sheet Consolidate the financial statement5 of the Charity and its $￿S￿lIary undertakings. The results of Ihe subsidiarie5 are consolwjated a line by line basis. 2.2 GOING CONCERN After revmving the group's forecasls and wojeclions. the Trustees consider that the organisation is better plaeed to manage the business risks it faces. This position is supwrted by an improving cash , a sufficient level of reserves, arKI the I￿reasing abilty to retain and secure new services. The Twstees theref￿e have a ￿a￿lab￿ eXPectat￿n that the organisalion has sufficient resources to Continue in ¢)perati¢N)al e￿$tenCe for the future and believe that there are no material uncertainties that call into doubt the abilty of the organisatson to continue as a going concern. The organisation therefore contsnues to adopt the c(Y￿M ba*'s in preparing rts consolidated financial statemen15. 2.3 INCOME All incoming resourees are induded in the Consoltdated Slatement of Financial Actiwties when the group has enlrtlement to the funds. certainty of receipt and the amount can be measured with sufficient reliabl￿ty. Income represents the lotsl inTrMee val￿. exduding the value &Jded tax. of goods sold and servtces rendered during the year. Grant income is recognised when there is enlitlement to the grant, virtual certainly that it win be received and suffiu'ent measurability of the amount. IrbcorrE is recoJni5ed in line wth satisfaction of any performance reLaled Conditions tat may be attached. Un¥ent grants are shown on the Balance Sheet. P￿e 18 BRITISH INSTITUTE OF LEARNING DISA81LmES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2021 ACCOUNTING POUCIES (contlnued) 2.4 EXPENDITURE Charitsble and Other Expendrture ExperKIi(ure is tharged to Ihe Slatement of Financial Activities on an accruals basis and liabilities are recognised where there is a leg￿ or constnthe oblwJation umnmriting the Group lo the expenditure. Jlocation of Costs The costs incurred in the general running of the Group whth are no direetty attributable lo Ihe chafrtable (*Jjecls of the Group have been In￿L￿ed under govemarKe. 2.5 GOVERNMENT GRANTS Government grants relating to tar@ible fixed assets are tre*ed as deferre(l income and released lo the Consolidated Statement of Finaneial Aclivibes ¢)ver the expected useful lives of the assets n¢emed. Other grants are credited to the Consdhlated Slatwnent of Financial ActNities as the relaled expenditure is incurred. 2.6 TANGIBLE FIXED ASSETS AND DEPRECIATION Taftgi￿e fixed assets costing £250 or mrye are capitalised recognised when future economic beneffts are probable the cost or walue oflhe asset can be measured relkably. Tangible fixed assets are inrtially recognised al cost. After recognition. under the Cost model, tsngible rixed.assels are measured at C05t less accumul*ed depreoalion and any accumulated impaimient losses. All ¢ost$ incurred to bring a tangl￿e fLxed asset into its irhtended working condition shoukl be induded in the measurement of cosL Depreciat￿n is charged so 0$ to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives. U￿ng the straight4ine ￿￿th(￿l. DepreCiat￿n is provided on the folkNiNJ basis". Ftxture$ and fittin9S c￿nPuter equipment 33% 2.7 INVESTMENTS Investrnents are showing the ConsolNlated arnj Ctynpany BaL4nce Sheet at market value. Surpluses or deficits on valuath)n and sale of investments ate credited or charged in the Consolidated Stslement of Finan¢ial Activities. 2.8 STOCKS stocks are valued at the kAver of eost and net realisable value after making due alowance for obsolete and slow-moving stocks. Cost includes all direct Costs and an appropr￿te proportion of fixed and variable overheads. 2.9 DEBTORS Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued al the amounl pr￿aId net of any tr￿e discounts due. 2.10 CASH AT BANK ANO IN HAND Ca$h at bank and in hand includes cash short4em) high￿ liquid investments with a short malurily of Ihree ffL)nlhs or less the date of XqUisrt￿ or opening of the deposit or similar account. Pa9e 19 BRITISH INSTITUTE OF LEARNING DISABILITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ACCOUNTING POLICIES Icontlnued) 2.11 UAwunES AND PROVISIONS Liabilities are ￿ognIsed when there is an obligabon at the BaL*ce Sheet dale a5 a result of a past evenl, it is probable that a transfer of econom￿ benefrt wdl be required in Sett￿ment, arvj the amount of the settlement can be estimated reliably. Liabilities are reCOgr￿Sed at ￿ amcKmt th* the Charity anticipates it wil pay to settbe the debt or the amounl it has received as advanced pa￿nefits for the goods or services rt must provide. 2.12 FINANCIAL INSTRUMENTS The Group onty has finanaal assets and financial liabilities of a kind that qualfy as basic financial instruments. Basic financial instrumenls a￿ initk81ty recognised al transaclion value and subsequentty measured * their setuement value with the exception of bank bans which a￿ subsequently measured al amortised cost using the effective interest method. 2.13 FUND ACCOUNTING General funds are unrestr￿ted funds wh￿h are available for use at the disc￿tKIn of the Trustees in fvrtherance of the general objectives of the Group and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. .The awn and use of each deswMted fund is sel out in the notes to the financial statements. ReStr￿ted funds are fvnds whith are to be used in a￿(ffda￿e wilh speUr￿ reslrictions imposed by donors or whith have been raised by the Group for part￿ular purposes. The costs of raising and administering such fvnds are charged against the speGth fund. The aim and use of each restr￿ted fvnd is sel rArt in the notes lo the financial 5t*emenls. Investment income. gains and losses are alocated to the appropriate fund. INCOME FROM DONATIONS AND LEGACIES Restrided Unre$tri¢led funds lunds 2021 2021 Total funds 2021 Donations Grants Government grants 76.ofJ) 139.202 18.182 215.202 18.182 76.1 157.384 233.384 Restricted Unrestricted fvnds funds 2020 2020 Total funds 2020 Page 20 BRITISH INsnTUTE OF LEARNING DISABIUTIES NOTES TO THE FINANCIAL STATEMENTS 'FOR THE YEAR ENDED 31 MARCH 2021 IMCOME FROM DONATIONS AND LEGACIES (CONTINUED) ReslrKted Un￿sIr￿led fvnds funds 2020 2020 Total lunds 2020 Donations Grants 448 448 113.326 113.326 113,326 448 113.774 INCOME FROM CHARITABLE ACTIVITIES Restricted Unrestricted funds funds 2021 2021 Total funds 2021 ConfererKes. Training and Publutions Membe￿h￿ and Subscriptions Consultancy Services 714.060 85.707 282.380 714.060 85.707 344.8n 62.497 62.497 1.082.147 1,144.644 RestrKled Unreslricled funds funds 2020 2020 Total funds 2020 Conferences. Training and Pthltstpjns Membership and Subscriptions Consultancy Services 557 1,251.294 82,331 90.842 1.251,851 82,331 90,842 557 1,424.467 1.425,024 Paye 21 BRITISH INsnTIJTE OF LEARNING DISABILMES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 INCOME FROM OTHER TRADING AcT￿￿lEs Income from non charitable trading activities Unrestricted funds 2021 Total funds 2021 Ro(Mn Hire & Royatties 3,182 3.182 Unrestricted funds 2020 Total funds 2020 Room Hire & Royatties 9.079 9,079 INVESTMENT INCOME Unrestrlcted funds 2021 Total funds 2021 Income from listed investments 81 81 Unrestricted funds 2020 Total funds 2020 I￿orne frcrfn listed investments 266 Page 22 BRITISH INSTITUTE OF LEARNING DISABIUTIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IMRCH 2021 ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES Summary by fund type Restricted Unrestricted fvnds funds 2021 2021 Total funds 2021 Leaming SeNKes Membetshp and SubscriptK Consuttancy Semces Govemance Grant and Projects 790,947 64,769 161.044 32,867 790.947 64.769 161.044 32.867 11S.299 115.299 115,299 1,049,627 1.164.926 Restricted Unrestricted fvnds funds 2020 2020 Totsl fund$ 2020 Leaming Services Membership and SubscriptK Consultancy SeNices Govemance Grant and Prqects 1,355.885 80.712 66.253 30.965 1.355.885 80.712 66,253 30.965 165,692 165,692 165,692 1,533,815 1,699,507 ANALYSIS OF EXPENDITURE BY ACTivmES Activities undertaken directty 2021 Support costs 2021 Total funds 2021 Learning Seryices Membership and Subscriptions Consuttancy Sem GovemarKe 528,274 41.263 102.598 20,420 115.299 262,673 23.5( 58.446 12,447 790,947 64.769 161.044 32,867 115.299 Grants and Projects 807.854 357.072 1,164.926 Page 23 BRITISH INSTMJTE OF LEARNING DISABILlnES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ANALYSIS OF EXPENDITURE BY ACTMTIES ICONTINUED) Activrties undertaken directly 2020 Supwt costs 2020 Total funds 2020 Leamng Servrces Membership and Subscrytions C￿sUm8n¢Y SeNices Govemanee Grants and Projects 938,540 52,049 42.724 23,123 119.040 417,345 28.663 . 23,529 7.842 46.652 1.355,885 80,712 66,253 30,965 165.692 1.175,476 524,031 1.699.507 ANALYSIS OF SUPPORT COSTS Total lund$ 2021 Total fund$ 2020 Staffing Travel and Subsistence C¢Mferences. Meetings Netsyc¥ Ccfi5uManl Fees Printing. Postage. Stationery and Telephwe Staff Training and Devebpment Resources Operating Leases Provisions and Catering Recruitment Insurances Deprec￿l￿n Maintenance Premises Website Sundries Exhibition Costs 208.812 3,801 283.714 18.085 9,223 14.190 22,012 13.951 4,405 228 2,370 5.641 6.120 8.328 31.425 74.588 9,741 16,825 3.185 9.222 11.258 4.411 2.816 215 203 7.473 17.552 19.541 56,046 8,766 6.956 357,072 524,031 Page 24 BRITISH INSTrfuTE OF LEARNING DISABILMES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 MARCH 2021 AUDITORS. REMUNERATION 2021 2020 Fees payable lo the Charitls a￿jItty for the a￿￿11 of t￿ Charws annual aecounts 8.700 8,000 Fees payable lo the Chartys auditor in respect of.. The independent examination of accounts of asswates ot the Charty All non-audit services not induded above 2,550 2.000 2,500 10. STAFF COSTS The avernge number of per￿1$ emFdoyed by the Charty durir& the year was as foltow$.' Group 2021 No. Group 2020 No. Aver4e number ofemployees during year 22 21 The nurnber cl empbyees whose emplosEe benefts (exduding empbyer pension costs) exceeded £60,000 was.. Group 2021 No. Group 2020 No. In the band £80,001- £90.fJX¢ In the band £90.001- £100.000 11. TRUSTEES. REMUNERATION AND EXPENSES DurirYJ the year. no Trustees received any ￿muneratIon or other benefits (2020- £NILI. Durirg the year ended 31 March 2021, no Trustee expenses have been in￿rIed(2020 - £7301. Page 25 BRfTISH INSTITUTE OF LEARNING DISABILMES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 12. TANGIBLE FIXED ASSETS GROUP Fixlures and r￿Ing5 Computer equipment Totsl COST OR VALUATION At 1 April 2020 Additions 132.640 4.389 197.029 4.389 At 31 M￿h 2021 137.029 201.418 DEPRECIATION At 1 April 2020 Charge for the year 59,441 451 116.557 17.101 175,998 17,552 At 31 M￿7 2021 59,892 133.658 193.550 NET BOOK VALUE At 31 March 2021 4.497 3.371 7.868 At 31 March 2020 4.948 16.083 21.031 Page 26 BRITISH INsTIT￿E OF LEARNING DISA8ILmES NOTES TO THE FINANCIAL STATEMENTS FOR"THE YEAR-ENDED 31 MARCH 2021" 12. TANGIBLE FIXED ASSETS ICONTINUEDI CHARITY Flxiures and fittlngs Computer equ5pment Tolal COST OR VALUATION Al 1 Apfil 2020 Addi(ions 64.389 132.640 197,029 4,389 At 31 Marth 2021 64.389 137.029 201.418 OEPRECIATION Al 1 Apiil 2020 Charge for the year 59.441 451 116.557 17,101 175.998 17,552 At 31 March 2021 59,892 133.658 193.550 NET BOOK VALUE At 31 March 2021 4.497 3,371 7.868 At 31 March 2020 4,948 16,083 21,031 Page 27 B￿ns￿ INSTITUTE OF LEARNING DISABILITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2021 13. FIXEO ASSET INVESTMENTS Listed Investments GROUP COST OR VALUATION At 1 April 2020 Revaluations 30.822 19.082 At 31 March 2021 49,904 NET BOOK VALUE At 31 March 2021 49.904 30.822 At 31 March 2020 Llsted Investments CHARITY COST OR VALUATION At 1 April 2020 Revaluations 30,822 19.082 At 31 March 2021 49.904 NET BOOK VALUE At 31 March 2021 49.904 30,822 At 31 March 2020 14. STOCKS Group 2021 Group 2020 Charity 2021 Charity 2020 Books ￿arAIr￿j material 42.547 49.486 39.779 46.718 P￿e 28 BRITISH INSTITUTE OF LEARNING DISABIUTIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEARENDED 31 MARCH 2021 15. DEBTORS Group 2021 Group 2020 Charlty 2021 Charity 2020 DUE WITHIN ONE YEAR Trade debtors Amounts ¢)wed by group undertakings Other debtors Prepayments and accrued income 829.449 753,288 699.228 111.037 19.911 43.718 610.471 56,424 43 48,037 16.695 43 50.508 892.629 803.839 873.894 714,975 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR Group 2021 Charity 2021 Charty 2020 2020 Trade ueditors other taxation and soua secunty Other creditors Accruas aThJ deferred inwr 69.036 117.001 13 1.723.140 77.729 76.567 121.797 933.305 69.038 71.111 12 1.627.769 77.729 55.3 62,396 844.633 1.909.190 1.209.398 1.767.930 1.040,064 Group 2021 Group 2020 Charity 2021 Charty 2020 Deferred Income Deferred income at 1 April 2020 Resources deferred during the year Amounts released from previous p￿1(￿SS 832.470 645.950 756.941 645,950 1.616.011 1,271.525 1.523.141 1,195.996 {861.998) {1.085.0051 1786.4691 11.085,0051 1.586.483 832.470 1A93.613 756,941 Page 29 8RITISH INSTITUTE OF LEARNING DISABIUTIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 17. FINANCIAL INSTRUMENTS Group 2021 Group 2020 Charity 2021 Charrty 2020 FINANCIAL ASSETS FinancHI assets measured at fair value through income and expenditure 1205.457 357.988 1.055.102 342.499 Financial assets measured at fair value through incl￿ and expendrture comprise... Page 30 BRITISH INSTITUTE OF LEARNING DISABILMES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 hfARCH 2021 18. STATEMENT OF FUNDS STATEMENT OF FUNDS - CURRENT YEAR Balance at 31 Ma￿h 2021 Batsnte at 1 April 2020 Transfers Inlout Gainsl (Lossesl Income Expenditure UNRESTRICTED FUNDS DESIGNATED FUNDS De$trJnated Fun(Is 51.853 15.456 67.309 GENERAL FUNDS General Funds (9451 1242.794 11,049,627) {15,8731 19,082 195.431 TOTAL UNRESTRICTED FUNDS 50.908 1.242,794 {1.049.6271 14171 19.082 262.740 RESTRICTED FUNDS European Commission - Helping Oursefves Prevent ExploitsI￿n HeaRh and Wellbeing AllBn¢e (Department of Health) RRN Community of Practi (Department of Health and s￿la1 Care) 13A97 114.0301 2.303 76.000 178.7201 417 49.000 122,549) 26,451 2.860 138.497 1115.299) 417 26A75 TOTAL OF FUNDS $3.768 1.381.291 11.164.9261 19,082 289.215 Page 31 BRITISH INSThTVTe OF LEARNING DISABILMES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 18. STATEMENT OF FUNDS IcopillNUEDI Europe8n CommissK)n - Helping Oursefves Prevent Exploitation - Lead Partner. To reduce the vulnerability of women and children with intellectual disabilities lo sexual exploit*1￿. To provide leaming for professi¢)nal$ about sexual exploitation co4elr¥ered by peers with intellectual dtsabilities to improve I￿al mutti4isciplinary respon￿ and ctroperatim. Dep8rtment of He8tth- Vduntary Communty and s￿"al Enteowse Heallh and Wembeing Alliance. The Voluntary Community and Social Enterprise (VCSE) Heaf(h and Wellbeing Atliance {HW Alliance) is a key element of the Heatth and Wellbeing Programme. It is a partnership behyeen voluntary sectors and the health ant1 care system to provKle a voice and improve the heatth and wellbeing for all communities. It is jointly managed by the Department of Health IDH}, publ￿ Heatth England IPHEI and NHS England and 1$ made up of 21 VCSE Members that represent commUnrt￿S who share protected characteristics or that experience heatth inequalrtr"es. Through their netsvorks HW All￿rIce Members can link with communrties arbd VCSE organisalKJn$ across England. Departmenl of Health - Devel¢)ping a Restraint Reduction c￿M￿nty crf Practic8. In the wake of the Winterbourne View Hospital scandal. the Pos(¢ive and Safe programme Pfomoled the use of positive behawoural support for people with leaming disabilit￿s, lo minimi5e the use of resltictive practice. Developing a Restraint Reduction Ci)mmunty of Practice wth relevant organisalions will help to share best practice and reduce the use of restraint in ServI￿S supporting people wrth leaming disabilities who display challenging behav*)ur. The purpose of the Communty of Practice is lo enable all those involved in supporting people with behaviours thal challenge lindvtJing professionals and families) lo share leaming in order to improve the support people recetve and reduce the reliance on restrictive practices. Pa9e 32 BRITISH INSTITUTE OF LEARNING DISABIUTIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 18. STATEMENT OF FUNDS (coMnNUED) STATEMENT OF FUNDS- PRIOR YEAR Balance at 31 March 2020 Balance at 1 April 2019 Transfers inlout Income ExperKlrture UNRESTRICTED FUNDS DESIGNATED FUNDS Designated Funds 50.288 1.565 51.853 GENERAL FUNDS General Funds 141.729 1.434.260 11.537,119) (39.815) (9451 TOTAL UNRESTRICTED FUNDS 192.017 11.537.119) (38,250) 50.908 RESTRICTED FUNDS European CommisS￿n - Helping Oursebves Prevent Exploitation Heatth & Wellbeing Alliance (Deparlment of Health) RRN Communty of PractKe (Department of Health and ial Carel 16.419 57.635 (109.591) 36,094 557 56.248 153.94S) 2,303 (2,1S6) 2.156 16.419 113,883 (165.692) 38.250 2.860 TOTAL OF FUNDS 208.436 113.863 11.702.811) 53,768 Page 33 B￿nSH INsnTUTE OF LEARNING DISABILfflES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2021 19. SUMMARY OF FUNDS SUMhlARY OF FUNDS- CURREKf YEAR Balance at 31 March 2021 Balance at 1 April 2020 Transfers inlout Gainsl {Losse$) Intome Expenditure Designated funds General funds Restricted funds 61.853 19451 1.242.794 11.049.627) 138.497 1115,2991 16.456 {15.8731 417 67.309 195.431 26.475 19.082 53.768 1.381.291 11.164.926) 19.082 289.215 SUMMARY OF FUNI)S - PRIOR YEAR Balance al 31 March 2020 Balance al 1 April 2019 Trnnsfers inlout Income Eypenditure Designated funds General funds Restricted funds 50.288 141.729 16.419 1,565 139,8151 38.250 51.853 19451 2.860 1.434,260 (1.537.119) 113.883 (165.692) 208.436 1.548,143 {1.702,811) 53,768 ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR Restricted Unrestricted funds funds 2021 2021 Totsl funds 2021 Tangible fixed assets Fixed asset investments Current assets Creditots due wrthin one year 7,868 7.868 49,904 49,904 2.114,158 2.140.633 {1.909,190} 11,909,190) 26.47S TOTAL 26,475 262,740 289,215 P￿e 34 BRITISH INSTITWE OF LEARNING DISABIUTIES NOTES TO THE FINANCIAL STATEMENTS FOR THÉ YEAR ENDÉD 31 MARCH 2021 20. ANALYSIS OF NET ASSETS BETWEEN FUNDS ICOTrlllNUEDI ANALYSIS OF NET ASSETS BETWEEN FUNDS- PRIOR YEAR Re$tri¢led Unreslricled fvnds fvnds 2020 2020 Total funds 2020 Tangible fixed assets Fixed asset investments Current assets Credrtors due wthin one y 21,031 21.031 30,822 30.822 1,208.453 1,211.313 11,209.398} {1,209.3981 2.860 TOTAL 2,860 50.908 53,768 RECONCIUATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 21. Group 2021 Group 2020 Net incomelexpenditure for {as per Slalemenl of Financial tivilies) 235.447 1154,6681 ADJUSTMENTS FOR: Depre￿atIon charges Gains/lbsses} on investments Decreasellincreasel in stocks Increase in debtors Increase in creditors 17.552 (19.0821 6,939 (88,7911 699.792 9.155 3,304 119,8631 1328,7381 311,196 NET CASH PRQVIDED BYI{USED IN} OPERATING ACTMTIES 851.857 1179,614) 22. ANALYSIS OF CASH AND CASH EQUIVALENrs Group 2021 Group 2020 Cash in hand 1,205.456 357.988 TOTAL CASH AND CASH EQUIVALENTS 1.205.456 357,988 Page 3S BRITISH INSTITUTE OF LEARNING DISABILMES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 23. ANALYSIS OF CHANGES IN NET DEBT At 1 April 2020 Cash flows At 31 Mar¢h 2021 Cash al bank and in hand 357.988 847A69 1.205,457 357,988 847.469 1.205,457 PENSION COMMITMENTS l of the employees vmthin the group are empw by the pa￿nI company. The company operates a defined contribution pension scheme avaiLable to majority of its Pern￿nent employees. The scheme funds are administered by Trustees and are independent of the companls finances. During the year, employer contributions totslling £42,35212020.. £45.3881 were m&Je. Contn"buth?ns lotalling £3,607 {2020'. £1.8911 were payable to the fund al the balance sheet dale. The Charity also makes contributions to the National Health SeThice Pensions Scheme for certain employees. which is an urrfunded. defined benefft scheme. This sche￿ 1$ dosed to new employees. The scheme is not designed to be run in a ￿aY that wouhj enable Bikl to identty the share ol the underlying scheme assets and liatrMir¢ies. The scheme is accounted for as rf r¢ were a defined contribution scheme - the cost of participating in the scheme is tsken as equal lo the ¢¢￿tribut￿)nS payable to the scheme for the accounting period The last full actuarial (funding) ValUat￿n ty the Govemment Actuary covered the period up until 31 Ma￿h 2004 and was PLTrblished in June 2014. These valuations are due to be completed every 4 years. However, formal ￿Uarial valualKJns for unfunded Publ￿ service pension ￿heMeS were suspended by HM Treasury whilst refomis to public servKe pension pwsions were discussed. The Scheme Regulations We￿ changed lo alnw conliibulw)n rates to be set by the Secretary of State lor Health, wrth the tonsenl of HM Treasury. and consKleratron of the advice of the Scheme Actuary and appropriate employee and employer repiesenL*ives as deemed appropriate. The Public se￿ice Pens￿n$ Act 2013 prowdes a framework lo enact these changes for the NHS Pensron Stheme. and also sets out a reqU1￿ment for future *uarial ValUat￿n$ of the ￿forn7ed pension scheff* wh¢h w￿11 be introduced on 1 April 201 S. 25. OPERATING LEASE COMMITMENTS At 31 March 2021 the Group and the Chwity had ¢cArmitments to make futu￿ minimum lease payments under non