Roglstered number: 02035303 Charity number: 1023576 GRANTHAM AND DISTRICT MENCAP LIMITED (A company Ilmited by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
GRANTHAM AND DISTRICT MENCAP LIMrrED (A ¢ompany Ilmitod by guarantoel CONTENTS Page Reference and admlnlstratlve dotails of tho charity, It$ Trusto0$ and adviws Tru$to0s' roport Trustees. responslbllltleg statoment Independent audltor's report on tho flnan¢lal statoments ststement of financial activltles 8- 11 12 Balance sheet 13-14 Statemont ol ¢ash flows 15 Notss to the flnanclal $tatom•nts 16-31
GRANTHAIA AND DISTRICT MENCAP LIMrrED IA company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2022 Trustses Miss J A Burnett, Chief Executive Officer Mrs A Slafford, S9crètary Iresign9d 19 MaTch 20221 Mrs M S Beecham (resigned 19 March 20221 Mr Paul Brallon lappoinled 19 March 20221 Mrs Natasha Peters lappoinled 19 March 20221 Company rogistered numbor 02035303 Charity regi$lered number 1023576 Roglstored offl Cree Centre Aire Road Granlham Lincolnshire NG31 7QP Company secrnlary Mrs A Slafford Chief exocutlve offlcar Miss J A Burnett Independent auditor Sireels Audit LLP Chartered Accountants & Stalulory Auditor Tower House Luey Towèr Street Lincoln LN1 1XW Bankers Lloyds Bank plc 42 Si Poter's Hill Graniham Lincolnshiro NG31 6QF Page 1
GRANTHAM AND DISTRICT MENCAP LIMrrED IA company lifflited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2022 The Trustees prgsenl their annual rgPQrt together with the audited financial statements lor the year 1 April 2020 10 31 March 2022. The Trustees confirm that Ihg Annual Report and financial statements ol the company comply with the current slalulory requirgmenls, the rgquiremenls ol the companvs governing document and thè provisions ol Ihg Sta19menl ol Recommended Practice ISORPI, applicablo to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 leffeclive 1 January 2015) as amended. Since th8 Charity qualifies as small under section 383, thg slratogic raport r8quired ol medium and large companies under The Companies Act 2006 (Strategic Report and Director's RgPQrtI Aegulalions 2013 is not required. Oblectlve8 and Actlvltles a. OBJECTNES AND AIMS The objectives ol the GhaTity are as follows: The reli81 ol people with a learning disability in particular by thg provision ol help and support lor Ihgm and lor their lamiligs, dependents and carers, and to prevent learning disabililigs lor ihe public benefit and to a0ance religion amongst parsons wth a learning disability., and To provide or assist in the provision ol facilities ol the recTealton or other lèisure lime occupation for people who have need thereof by reason ollgarning disability with the object ol improving thoir conditions ol lrfe. 'leaming disabilitf means any developmental disabilty ol the mind and any a$social8d condition howsoever caused and whether mild, modeiale or Severe. Publlc B8n•fit Statomont The Truste95 ¢onlirm that they have cornplied with their duly lo have due regard lo the guidance on public benefit, published by the Charity Commission, in exercising their powers or duties. b. STRATEGIES AND ACTIVITIES FOR ACHIEVING OBJECTIVES The Charity provides both residential and daycare facilities lo meet its objectives. Throughout the curronl yaar to 31 March 2022 the Charity has continued to offer support and daytim9 activitiès al the Cree Centre and longlerm residential care al Faitview Farm. The Charity continued lo provide Ihe Mothers Group. which mel oncg a month and provided support and reassurance lor par8nlslcarBrs ol children with IBarning disabililiBs until early 2022, when they agreed due lo a lack ol memb8rs that thè group shoukl ba disconlinugd. The Charity also provides an essonlial transport ser¥ic8, op8rating with two minibuses and two cars, including ona whB8lchaiT accgssib19 car lor any appointment or trip out. Tho Charity provides Gar9, SUPPOrt and help to wopla with learning disabilities both in the residential home and thg day centre. Thg Charity also provid9s hglp and support to the families ol the ladies and gentlemen who us8 thg Charitys sgrvices. In addition, the Charity improves the standard ol their $8rvice users Iivas by PTovding recreational lacilitios, visits and trips and othar leisura actwitias. These activi118s have b8en bonelicial IOT the Charitys service users as they hava moro enriched lives and have access lo the help and support they need. The families ol the service users can also feel reassur8d that their loved ones are in good hands and that they can receive all th9 help and support they need. Pago 2
GRANTHAM AND DISTRICT MENCAP LIMITED IA company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 c. VOLUNTEERS The Trustees are all volunt99rs and devote their lime to attend Board meetings and other meetings as requiied. Th9 Charity also Tecruils and train$ a nufflbgr of volunle9rs to provide essential assistance with the PfOViSiOn ol ils services. Achiovofflents and perforrnanco a. REVIEW OF ACTivrriES The activities und8rtak8n ovgr the last 12 months are as lollow8'. Croe Cgntre Thg Crge Cgnlrg was opened by carers in 1975 to provide support and day1ime activities lo local people with a learning disability. Today, the centre provides day opportunities lo people with a learning disability and PIMD. Th8 cantre 0118rs two lully accessible changing places wher8 your care n88ds can be met with dignity and comfort. Our kitchen Iraled 5 by S.K.D.C.I has height adjustable workstations and sink, to enable you to gel involved in meal preparation or baking as part ol the Cree8cakes team. Wt have dgvglop8d Cr888blooms adding a greenhous9 to our garden wher8 we can Igarn n8w skills and grow our own lknwefs, fruit and vegetable. Our sensory room provides the perfect place lo relax and unwind. Falr¥lew Farni Fairview Farm is an old farmhouse in large gardens. Homes are in live living areas in Ihreg buildings. Evaryone has their own care plan and are helped lo choose where they spend their days. A busy social life is v9ry important lo people who live al Fairview Farm. Faitview Farm is registered with the Care Quality Commission and adheres to 9ss8nlial standards ol quality and safety to comply with the Health and Social Care Act 2008. We hav8 been award8d 5 stars by South Kesteven District Council and we work within a framework agreement with Lincolnshire County Council. Mothers Group Granlham Mencap Mothers Group was founded in 1980 by a group of molherslcarers, whose children had 18aTning disabilities. Concerned about the immediate and long term future lor their chiklren. they met with r8presenlatives from education, heatth and social sermces to try and improve thg servic8s offered to them. Many feh that just to meet with others in the same situation was a great halp, to talk over problems and support one another, however, in early 2022 r( was decided to discontinue the group dug to a lack ol members. The Trustees would like lo record their thanks for the groups efforts and succesges over the years. Transport We operate a transport seNice available to all our members. Wa are very proud ol our Service. Wo like lo keep our members mobile, we havg two minibusos and three cars including two wheelchair accessibl8 cars lor any appointment or trip out. All our drivers are trained and our stall are trained lo ensur8 passèngers are sale bglore going out and to deal V•4th any problem should il happen. Page 3
GRANTHAM AND DISTRICT MENCAP LIMITED (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 b. FUNDRAISING ACTIVITIESANCOME GENEAATION No material fundraising has taken place ov8r the period. ¢. INVESTMENT POLICY AND PERFORMANCE The Charity hokls a signilieanl prgp)rtion ol ils cash resources in whal the Trustges considgr lo be low risk liquid investments. The Charity also hokls a minimal sum in listed shares. Flnanclal revlew a. GOING CONCERN After making appropriate onquiries, the Tnjsteès have a reasonablè expectation that the Charty has adequate resources lo continue in operational existence lor the foreseeable lulure. For this reason Ihgy continua lo adopt the going concern basis in preparing the financial slatemenls. b. RESERVES POLICY As the Charity supports many vulnerabla ladigs and gentlèmen. as WBII as employng slalf, it has been decKled that free reserves shouhl be maintained at a lèvel that allows adequate working capital lor core costs and wouk COV8r conlin9ency costs in the event ol funding ending unexpectedly. Free reseNes are unreslricled funds not invested in fixed assets, designal8d lor other purposes or oiheThvise comrnittod. Ai the year end the balance of liee reserves was £363,498 12021 £438,264). The TrL¢Stees are working lo increase this balance. c. OVERVIEW The Charity mad8 a dglicit b8lor9 inveslm8nl lor the year of £89,413 compared lo a surplus of £78,715 in 2021. At 31 March 2022, the chaty has unr8slricted reserves of £896,668 compared lo £986,081 in 2021 and no restricted reserves. d. PRINCIPAL FUNDING The principal funding source is from Lincolnshire County Council. Residèntial support is paid partly in arroars and partly in advance and forms the majority ol the Fairview Farm income. Daycare is paid monthly in arrears and Iofms the majority ol the Cr8e Canlre income. e. MATERIAL INVESTMENTS POLICY Under the Memorandum and Articl85 of Association, the Chaiitab19 Company has the power lo make any investmont which the Trustees see fit. Page 4
GRANTHAM AND DISTRICT MENCAP LIMITED {A cornpany Ilmited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Structure, govemance and managomont . CONSTrruTION Grantham and District MENCAP Limit8d is governed by an Articles and Memorandum of Association. Granlham and District MENCAP Limited is also a Company Limited by Guarante8 (Company Number 020353031. The So¢igly is a registered Charity and is allilialed lo the Royal Society- The principal object ol the Charity is to incT9as9 public awareness and understanding ol the problgrns of p8ople with lèarning dilliGuhies in order lo secure prowsion lor them commensurate with their needs. b. METHOD OF APPOlTrMENT OR ELECTION OF TRUSTEES Whilst there is no formal system in place lor induction of new trustees. the current Trustees are mindful ol the requirements ol the Charitys constitution. e. POLICIES ADoiyfED FOR THE INDUCTION AND TRAINING OF TAUSTEES Whilst Ihare is no formal system in place for induction and training ol new Irusl89S, the currgnl directorsllruslees are mindful ol the requirement that they receive adequate ongoing training. d. PAY POLICY FOR SENIOR STAFF The Trustees consider the board ol Iruslees as comprising the senior stall ol the Charity in charge ol dir8Cting and controlling the Charity. All Injslees give their lime freely and no trustee remun9ralion was paid in the year. . ORGANISATIONAL STRUCTURE AND DECISION MAKING Th8 Trusl88s intend lo continuo lo develop the Charity in line with ils pr8senl objecliv8s. The Trustees continue lo review carefully all major risks lo which Ihg Charity is exposed and procedures have begn gslablished to manag8 those risks. Trustees are responsible lor strategy and imp19menting the objectives sel. Day lo day running is devolved lo the paKI managers and stall. f. RELATED PARTY RELATIONSHIPS Granlham and District MENCAP Limited does not have any relationships with related parties. g. RISK MANAGEMENT The Trustees have assessed Ihg major Tisks lo which the Charity is exposod, in particular those related to the opgralions and linances ol th8 Charity and are satisligd that systems and procedures ar8 in place lo miligale our 9xpJsure lo th8 major risks. The most signrficanl external iisk idenlili8d is the dependence upon govgrnmental funding which can b8 subjecl to changes in F)olilical priorities and social policy. As a result, our Iro8 reserves have been established al a level that woukl allow the organisalion lo provide sullicienl resourcas in the short-lerm in the event ol policy changes allecting funding. Identili8d internal risks have been minimised. For example all stall and volunteers und8rtak8 Enhanced DBS vetting lo support safeguarding principals. Procedures are in pla¢8 lor tho authorisalion of all transactions and lo ensure consislenl delivery ol all opgralional aspects ol the charitable company. Thes8 procedures are reviewed regularly lo ensure the needs of the organisalion continuè to be met. Pagg 5
GRANTHAM AND DISTRICT MENCAP LIMITED (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 21122 h. PRINCIPAL ACTIVITIES Th• Sociaty operalgs the Cree Centre as a day care centre and Fairviow Farm as a r•sidonlial homè and ollèrs structured appropriate activities at both aslablishmenls. Therg have bgen no significant changes in policy since the dale ol the last report. Plans for luturo poriods . FUTURE DEVELOPMENTS The Charity plans to continue many of tho aclivilios outlined abovg in forthcoming years, subj8Ct to satisfactory funding arrangements. In addition, as new ngeds are idenlilied, the Charity will assess the rglgvance and suilabilily ol sourcing funding to broaden its provision base, whilst continuing lo mael the ov8rall aimg ol the Charity. On 11 March 2020 a pandemic was declared in the UK in relation lo COVID-19, the ellecls of whh continue lo be fell. Managemgnl and stall have adapted operations where necessary to ensure Ihg impact on the seNice Users is not disrupted as lar as possible. Thg Truste8s do not bglieve the impact ol COVID-19 will materialty affect the going concern basis discussed in the financial stalaments, bul are constantly monitoring this with management ol the charity. FUNDS HELD AS CUSTODIAN At the year end the Charity held funds amounting lo £92,904 on behalf ol residgnls ol Fair¥i8w Farm. This amount, which was held in separate designated business call bank accounts, has not been included in Ihg Financial Report. Approved by order ol th8 rnomb8rs ol th8 board ol Trustees and signed on their behall by: Miss J A Burnott Chair ol Trustees Date.. Iq-0ts- 2021 Pago 6
GRANTHAM AND DISTRICT MENCAP LIMrrED (A company Ilmlted by guarantee) STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2022 The Trustees (who are also the dir8Ctors ol the chaiity for the purposes ol company lawl are responsible lor preparing the Trustees, report and the financial slalements in accordance with applicable law and Unitgd Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. Company law requires the Trustees lo prepare financial statements lor each financial . Under cornpany law. the Trustees musl not approve the financial slal8ments unless they are satisfied that they give a true and lair view ol the slate ol allairs ol the charity and ol ils incoming resources and application ol resources, including its income and 8xpgndiliJr8, for that period. In prgpaTing th8se linancial statements, the Tnjstees are required lo- select suitable accounting polieies and then apply them consislenily.. observe the method5 and principlgs ol the Charities SORP {FRS 1021. make judgments and accounting eslimales that are reasonabl8 and prudent., slate whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any malgrial departures disclosed and 8xplain8d in the financial slalements., prepare the financial slalemenls on Ihe going concern basis unless il is inappropriate lo presume that the charity will continue in busingS5. The Trustees are responsible lor kèeping adequate accounting r8cords that are sullicienl to show and explain the charills transactions and disclose with reasonable accuracy al any time the financial position ol the charity and enable them to ensure that the financial slalgments comply with the Companies Act 2006. They are also responsible lor safeguarding the assets ol the charity and hence lor taking reasonable steps lor the prevenlion and dgteclion ol fraud and oihar irregularitias. Jproved by order ol Ihe members ol the board of Trustees and signed on ils behalf by.. Mlss J A Burnott Chair ol Trus199s Date.. 29-Ob-202 Page 7
GRANTHAM AND DISTRICT MENCAP LIMITED IA company limited by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF GRANTHAM AND DISTRICT MENCAP LIMITED Opinion W8 havg audited the financial statements ol Granlham and District MENCAP Limited (the 'charitable companll for the year ended 31 March 2022 which comprise the Stal8menl ol financial activities, th8 Balanc8 shgel, tha Sialement of cash flows and the related notes, including a summary ol significant accounling polici8s. Tha financial reporting framework that has been appligd in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicabbe in thg UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice). In our opinion Ihg financial 8lalements- give a liue and lair view ol the slate ol the charitable compan¥s allairs as al 31 March 2022 and of its incoming resources and application ol resoufces, including ils income and expendilure lor the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been pr8par6d in accordance with th8 requirem8nls ol Ihe Charili8s Act 2011. Ba$1$ for oplnlon We conducted our audit in accordance with International Standards on Auditing IUKI IISAS {UKII and applicablg law. Our responsibilities undef those standards are further described in the Audilorfs responsibililios lor the audit ol the financial statements $8clion ol our report. We are independent ol the charitable company in accordance wth Ihg ethical r6quiTgmenlS that are r8levant to our audit ol the financial slalemenls in the Uni19d Kingdom, including the Financial Reporting Council's Ethical Standard, and we havè lulli118d our other ethical responsibililias in accordance with these requiTemenls. We believe that the audit evidence we have obtained is sullicienl and appropriat8 lo provide a basis for our opinion. Concluslons relatlng to golng concem In auditing the financial slatemenls, we have concluded that the Trustees. uso ol the going concern basis ol accounting in Ihè prèparation of tho financial statements is appropriate. Based on the work we have performed, we have not Klenlilied any material uncertainties relating lo gvents OT conditions that, individually or colleclivelyi may cast significant doubt on the charitable company's ability to continue as a going conc8rn lor a period ol al least twefve months from when the financial sialgments are authorised lor issue. Our responsibilities and the responsibilities ol the Trustees with respect lo going concern ar8 describ8d in the relevant seclions of this report. Pag6 8
GRANTHAM AND DISTRICT MENCAP LIMITED IA company Ilmltod by guarantoo) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF GRANTHWA AND DISTRICT MENCAP LIMITED {CONTINUEDI Other Inlormatlon The other inlorrnation comprises the infomiation included in the Annual report other than the financial statements and our Auditor's reKNJrt thoreon. Tha Trusl8es are responsible lor the other information contained within the Annual report. Our opinion on the financial slatemgflts does not cover the other information and. except to the extonl oih8rwis8 expliciily sla18d in our report, we do not express any form of assurance conclusion thereon. Our responsibility is lo read the other information and, in doing so, consider whether the other information is materially inconsislenl with the financial statements or our knowledgè obtained in the course ol the audit, or olherwisa appears lo be materially misslaled. 11 we identify such malgrial inconsistencies or appar9nl ma19rial misstal8ments, we ar9 requir8d lo delerming whether this gives rise lo a malarial misslalgmenl in tho financial statements Ihèmselvgs. 11, basgd on the work w9 have performed, we conclude that th9re is a malgrial missta19mgnt ol this other information, we are required lo report that fact. Wè have nothing to IBport in this regard. Matters on whlch wo aro roquirod to report by ex¢optlon We have nothing to report in respect of the following matters where the Charities (Accounts and ReF)Ort$ Regulations 2008 requires us to report lo you il, in our opinion: the information given in tho Truslegs. report is inconsistent in any rnalerial respect with the financial slalements., or sullicienl accounting records have not been kept,. or the linancial statements are not in agreement with the accounting records and returns,. or we have not received all the information and explanations we require lor our audit. Rosponslbllltles ol trusteos As explained more lully in the Trustees, responsibilities statement, the Trustees (who arB a150 the directors ol the charitable company lor tho purposes of company lawl are responsible for the preparation ol the financial statements and lor being satisfied that they give a true and fail view, and lor such internal control as the Trustees determine is necessary to enable the preparation ol financial statements Ihal are Irge Irom maleTial misslalemenl, whether due lo fraud or error. In preparing the financial slal8ments, Ihg Trustees are responsible lor assessing the Charitab company5 ability lo continue as a going concern, disclosing, as applicable, mallers related lo going concern and using the going concern basis ol accounting unless the Trustees eiiher in19nd lo liquida10 the charitable company or lo cease operations, or have no r8alislic atternative bul to do so. Page 9
GRANTHAM AND DISTRICT MENCAP LIMED (A company limited by guarantee) INDEPENDENT AUDrroR'S REPORT TO THE MEMBERS OF GRANTHAM AND DISTRICT MENCAP LIMrrED (CONTINUED) Audltor's responsibilities for the audit of the financial statements We have b8en appoinl8d as auditor under section 144 01 the Charities Act 2011 and report in accordance with the Act and relevant ragulations made or having ellect Ihereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whol8 ara Irae Irom material rnisstalement, whether due to fraud or error, and lo issue an Auditor's report that includes OUT opinion. Reasonable assurance is a high level ol assurance, bul is not a guarantee that an a¥Jdil conducted in a¢cordanc8 with ISAS IUKI will always de18Ct a material misslatement when il exists. Misslatem8nls can arise from fraud or error and are considgred material il, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions ol users taken on th9 basis ol these financial stalemenls. Irregularities, including fraud, are inslancgs ol non-compliance with laws and regulations. We design procedurès in line with our responsibilities, outlined abovg, lo del8cI material misstatements in respect ol irregularities. including fraud. The gxlenl lo which our procedures are capable ol delecling irregularities, including fraud is detailed below-. We obtainéd an understanding ol the legal and regulatory frameworks that arg most appliable to the enlily and dètermined that the most significant are those that relalg lo thg operational environment, service user safeguarding requirements, and the financial reporting framework IFRS102, Charities SOAP and Companies Act 20061. Because of the inherent limitations ol an audit, thera is a risk that we will nol d8tecl all irregularities, including those leading lo a material misstalemenl in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from th8 events and transactions reflected in the financial slalemenls, as we will be less likely lo become aware ol instances ol non-complianc8. The risk is also greater regarding irrggularilies occurring due lo fraud rather than error, as fraud involv8s intentional concealmgnl, folggry, wllusion, omission or misrepresgnlalion. A further descriplion ol our responsibili119s lor the audit ol the financial slalemgnls is located on the Financial Rgporting Council's website at.. www.lrc.or .ukJaudito sres nsibililies. This dgs¢riplion lom)s part ol our Audilorfs report. Us• of our report This report is made Solely lo th8 charitable companvs Irusl8es, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit WOTk has been undartaken so that we might state lo tha charitable companls Iruslg8s those mallers we are required lo slate lo them in an Auditor's report and lor no othgr purpose. To the lull8St exlenl p8rmitted by law, we do not accept or assume responsibility lo anyone other than the charitabl8 Gompany and ils mgmb9rs, as a body, lor our audit wort(, lor this report, or lor the opinions we have formed. Page 10
GRANTHAM AND DISTRICT MENCAP LIMrrED {A company Ilmlted by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF GRANTHAM AND DISTRICT MENCAP LIMITED ICONTINUEDI Streets Audlt LLP Chartered Accountants & Stalulory Auditor Tower House Lucy Tower Street Lincoln LN1 1XW Dale.. 05107122 Streets Audit LLP are eligible lo act as auditors in 18rms ol $8clion 1212 01 th8 Companigs Act 2006. Pag811
GRANTHAM AND DISTRICT MENCAP LIMrrED (A company Ilmlted by guaranto0} STATEMENT OF FINANCIAL ACTIVThIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022 Unrostrlctod funds 2022 Total fundg 2022 Tofal funds 2021 Note Income trom: Donations and legacies Charitable a¢liviligs Investments Other income 11,666 1,012,390 675 1,060,940 1,060,940 299 40,766 40.766 99.181 Total Income 1,102.593 1.102,593 1, 123,912 Expendltui8 on: Chafilable activities 1.192,006 1,192,006 1.045.797 Total expendlture 1.192,006 1,192,006 1,045. 197 Net movernent In funds (89,4131 {89,413) 78.715 Reconciliation of lunds: Total funds brought forward Nel movement in funds 986,081 (89.413) 986.081 {89,413) 907,366 78,715 Total funds carried forward 896,668 896,668 986.081 The Sialamenl ol financial activities includes all gains and losses rgcognised in the year. The notes on pages 16 10 31 form part ol these financial statements. Page 12
GRANTHAM AND DISTRICT MENCAP LIMITED IA company Ilmited by guarantee) REGISTERED NUMBER: 02035303 BALANCE SHEET AS AT 31 MARCH 2Q22 2022 2021 Nots Flxod assots Tangible assets Inv8slmenls 533,170 98,074 547,817 97, 775 631,244 645,592 Current agsels Debto Investments Cash al bank and in hand 14 71,059 170,OIKI 38,891 32,964 277,846 55,173 15 279,950 365,983 Creditors.. amounts falling due within one year 16 114,526) (25,494) Net current a8SOts 265,424 340,489 Total ass•ts less current Ilabllllles 986,081 Not assots oxcludlng nsIOn agsel 896,668 986,081 Total net assets 896,668 986,081 Page 13
GRHAm AND DISTRICT MENCAP LIMITED {A company lirnited by guarantee) REGISTERED NUMBER: 02035303 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2022 2022 2021 Noto Charity fund¥ Reslricl8d funds Unrestricted funds 17 896,668 986.081 Total funds 986.081 The gnlity was entitled lo exemption Irorn audit under section 477 01 the Companies Acl 2006. The members have not rBquif8d Ihg enlily to obtain an audit lor the year in question in accordance with section 476 01 the Companies Act 2006. Howevgr, an audit is required in accordance with section 144 of the Chafilies Act 2011. The Trustaes acknowl8dg8 their responsibilities for complwng with the requirements ol the Act with r8SP8cI to accounting records and preparation ol linancial slalements. The financial statements hav8 begn prepared in accordance with th8 provisions applicablè to èntitiès subject lo the small companies regime. The financial statements were approved and auihorised for issue by the Trustees and signgd on their bghall by= Miss J A Burnett Chair ol Trustees Date: lfl ots- Loa2 The notes on pages 16 10 31 form part ol thosg financial slatemenls. Pagg 14
GRANTHAM AND DISTRICT MENCAP LIMITED (A company Ilmlted by guaranto0} STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022 2022 2021 Cash flows from operatlng activiti0$ N81 cash usgd in operating activities 1115,646) Y02. 724 Cash flows Irom Invegtlng actlvltlos Purcha$0 ol tangible fixed assets (8,482) (8.175) Net cash used In Invegtlng actlvltles (8.482) (8,175) Ca$h flow$ from financing activities Net cash piovldod by flnanclng a¢tivitio9 Change In cash and cash equlvalonts In the year Cash and cash equivalents at the beginning ol the year (124,1281 333,019 94,549 238,470 Cash and cash 8qulval&nts at the ond ol tho year 208,891 333,019 The no19s on pag8$ 16 10 31 form part ol Ih8se financial statements Page 15
GRATrtrHAM AND DISTRICT MENCAP LIMITED (A company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 General informatlon As set out in the Trusteg's report, Graniham and District MENCAP Limited is an incorporated registered charity in England & Wales. The principal ollice ol the charity is Cree Centre, Air8 Road, Grantham, Lincolnshire, NG31 7QP. The principle objectives ol the charity are- The reliel ol people with a learning disability in particular by the provision ol help and support lor them and lor Ihair families, depgndenls and carers, and lo prevent learning disabili119s lor the PLtblic benefit and to advance religion arnongsl persons with a learning disability., and To provide or assist in the provision ol la¢ililies ol tha recreation or olheT losure lime occupation lor people who have need thereof by reason ol learning disability with th8 object ol imploving their conditions ol life. "19arning disability. means any developmental disability ol the mind and any associated condition howsogver caused and whether mikj. moderalg or seveTe. A¢countlng pollcl 2.1 Basls ot proparation ol flnancial statorngnt8 The financial slalemenls have been prepared in accordanoe with the Charities SORP IFRS 102 Accounting and ReF)Orting by Charities.. Sialem8nl ol RBcommended Practice applicable lo chari11gS pr8paring their accounts in accordance with Ihg Financial R8POrting Standard applicable in the UK and Republic ol Ireland {FAS 1021 lellective 1 January 20151, th8 Financial Fqeporting Standard applicable in the UK and Republic of Ireland {FRS 1021 and the Companies Act 2006. Granlham and Distric MENCAP Limited meets the d81inilion ol a public bgnelil entity under FRS 102. Assets and liabilili8s are initially recognised al historical cost or transaction value unless olherwisg slated in the r81evanl accounting policy. The financial slalements are prgpared in sterling, which is th¢ functional currency ol the charity. 22 Going concern The Trustees assess whether the usè of going concern is appropriate, i.e. whether there afe any material uncertainties related to 8vanls or conditions that may cast significant doubl on the ability ol the charity lo continu8 as a going concern. The TTus18es make this assessment in respect ol a period ol al least one year from the dale ol aulhorisation for issu8 of the financial slalemenls and have conclud8d that the charirty has adequate resources lo continue in oporational 8xislenco lor Ihg foreseeable lulure and there are no material uncertainlies about the charitys ability lo contnUe as a going concern, thus Ihgy continuo to adopt the going concern basis ol accounting in preparing the financial slalements. Page 16
GRANTHAM AND DISTRICT MENCAP LIMrrED IA company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accounting pollcles {contlnuod) 2.3 Income All income is recognisgd once the charity has enlitlemenl to the income, il is probable that the in¢omg will be receNed and the amount ol income receivable can be measur8d r8liably. Other income is recognised in the period in which il is receivable and lo the extent thg go¢)ds have been provided or on completion of the service. 2A Expgnditure Expenditure is recognised once there is a legal or conslruclive obligation lo Iransler economic benefit lo a third party, il is probable that a transfer ol economic benefits wll be Tequired in settlement and the amount ol the obligation can be maasured reliably. Expandilure is classified by activity. The costs ol each activity are made up ol the total ol direct costs and shar9d costs, including sUPPOrt costs involved in undertaking each activity. Expenditure on charitable activities is incurred on directly undertaking the activities which lurthar the charity's objectives, as well as any associated support costs. All 8xp8ndiluTO is inclusivg 01 irrecoverable VAT. 2.5 Governmont grants Government grants rece¢ved relating to charitable income and expenditure are Irealed as del8rred income and released lo the Slalemenl ol financial activities related expenditure is incuired. 16 Intorngt rocolvabl• Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity., this is normally upon nolilicalion of the inler8St paid OT payable by the inslilulion wlh whom the funds ar9 d9posil8d. Page 17
GRANTHAM AND DISTRICT MENCAP LIME0 (A company Ilmltod by guarantge> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accountlng pollcleg Icontlnuodl 2.7 Tanglble flxed a998t$ and doproeiatlon Tangiblo fixed assets costing £1 00 or more are capitalised and recognised when future economic b9ng1ils are probable and the co81 or value of the asset can be measured reliably. Tangible fixed assets aT8 initially rgcognised al cost. Alter recognition, undgr th9 cost rnod81, langiblg fixed assets ar8 moasur9d al oosl less accumulated dgprgciation and any accumulated impairment losses. All cosls incurred lo bring a tangible fixed assgt into ils intended working condition should be in¢ludod in the measurement of cost. Deprecialion is charged so as lo allocate the cost ol tangible fixed assels lass their T8sidual valuB over Ihgir eslimaled useful lives, using the mosl appropriate m91hod. Depreciation is provided on the following bases.. Freehold propety and long- leasehold Tenant's improvements Motor vehicles Fumilure and equipment 20A straight line 2% straight line 25V¥ reducing balanc9 mgthod 1 Ovo - 20% reducing balance methcl 2A Invostrnonis Fixed asset inv95lmenls ar8 a form of financial inslrum8nl and arg initially recognised al their transaction cost and subsgquenily measur8d at lair value al the Balance she8t date, unless the value cannot be measured reliably in which case it is moasured al cost less impairmanl. Investment gains and losses, whether realised or unrealised, are cornbin and presented as 'GainsllLossesl on inveslm9nls' in tho Slatoment ol financial activities. 2.9 Debtors Trade ar oiher dgbiors are recognised at the settlement amount aller any trade discount ollered. Prepayrnenls arg valuod al the amount prepaid nel ol any trade discounts due. 2.10 Cash at bank and In hand Cash al bank and in hand includ8s cash and short-term highly liquid investments with a short maturity of three months or less from the daté of acquisition or opening ol thè deposit or similar account. Page 18
GRANTHAM AND DISTRICT MENCAP LIMITED IA company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Ac¢ountlng pollcles (contlnued) 2.11 Llabilities and provlslon$ Liabilities are recognis9d when there is an obligation al the BalancB sh8el dale as a result ol a past event, il Is Probable ihal a Iranslèr of 8¢onomic bonelit will be required in settlernanl, arbd th8 amount ol the selllemenl can be estimalad r81iably. Liabili11gs are recognised at the amount that the charity anticipates it will pay to settle the dgbi or th9 amount il has received as advanced payments lor the goods or services il rnusl provide. Provisions af8 measured al the best estimate ol the amounts required lo settle the obligation. Where the gllecl ol the lime value ol money is material, the provision is based on the present value ol those amounls, discounted al the pre-tax discount rale that Teflecls the risks specific lo the liability. The unwinding ol the discount is recognised in the Statement ol financial activities as a finance cost. 2.12 Flnanclal Instruments The charity only has linancial assets and financial liabilities ol a kind that qualify as basic financial inslrumenls. Basic financial instruments are initially recognised at transaction value and subsequently measured al their settlement value wih the exception ol bank loans which are subsequently measured at amortised cost using the effective interest meth¢xl. 2.13 Penslons The charity op8rat8s a defined contribution pension scheme and the pension charge Tepres8nls the amounts payabl8 by the charity to the fund in respect ol the year. 2.14 Fund accountlng General funds are unreslricled funds which are availablg lor use al the discretion ol the Trustees in furtherance ol the gèneral objectives of the charity and which have not been designated lor other purposes. Designated funds comprise unrestricted funds that have been sel aside by tho TrLJStees lor particular purposes. The aim and use of 9ach d8signated fund is sel out in thg notes lo the financial slalemenls. Crltical accountin9 tImat•S and areas ol judgment Eslimales and judgments aro continually evaluated and are based on historical expeTienoe and other laclors, including axpeclalions of lulure events that are b8liev6d lo be reasonable undgr the circumstances. Critical accounting estimates and assumptions.. Tangible fixed assets are re¢ognis8d at cost or valuation, 18ss accumulated depreciation and any impairments. Depreciation lakes place over the eslimaled useful life, down lo the assessed residual value. The Carrying amount ol the charills fixed assets is lesled as soon as changed conditions show that a need for impairmènt has arigen. Page 19
GRANTHAM AND DISTRICT MENCAP LIMrrED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMEwrs FOR THE YEAR ENDED 31 MARCH 2022 In¢omo from donatlon$ and logacl Unrestrict8d lund8 2022 Totsl funds 2022 Total lunds 2021 Donations 588 11,666 Incorno from charltsble actlvltles Unrostrictsd funds 2022 Total lunds 2022 Tot81 fvnds 2021 Care, support and training 1.060,940 1,060,940 1,012,390 Investmont income Unrostrfcted funds 2022 Totsi funds 2022 Total lunds 2021 Unlisted inveslmgnts 299 299 675 Governmont grants Unrestrleted funds 2022 Total funds 2022 Total fvnds 2021 Govgrnment grants 40,766 40,766 99,181 Page 20
GRANTHAM AND DISTRICT MENCAP LIMrrED (A company limited by guarantoel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Analysls of expondlturn by actlvltles Acilvitlès undortak8n dlrectly 2022 Support costs 2022 Total funds 2022 Care, support and training 1,157,196 34,810 1,192,006 ActiVItS undertaken direclly 2021 Support costs 2021 Total fijnds 2021 Care, support and training 1,012.393 32,804 1,045. 197 Pag• 21
GRANTHAM AND DISTRICT MENCAP LIMITED (A company Ilmlted by guaranto•1 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Anal15 of oxpendlture by actlvltles (contlnugd) Analysls of dlrect cosls Total funds 2022 Total funds 2021 Stall costs Stall advertising and training R8nl and rates Heal and IwJhl Insurance Repairs Domestic expenses Sundries Depreciation Transport and expenses Lease 8xp8nsgs Telephone Grant expense Food and kitchgn oxpgnsés 861,245 8,158 1,997 33.198 17.900 37.994 24.308 44,192 23.129 15,534 15,896 17,844 14,757 41,044 749,583 6,085 1.806 36,857 11.338 24.818 23,965 50,359 22,885 12.531 16,522 10,234 11,475 33,935 1,157,196 1.012,393 Analysls of support costs Total funds 2022 Total funds 2021 Printing, slalionery, post and telephone Subscriptions and allilialion fees Legal and prol8ssional expenses Governance costs - Auditors rgmuneration 8,075 18,487 2,798 5.450 8.528 13, 139 5,937 34,810 32,804 Page 22
GRANTHAM AND DISTRICT MENCAP LIMITED (A cornpany Ilmltod by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAA ENDED 31 MARCH 2022 Auditor's remuneratlon 2022 2021 Fees payable lo the charitys auditor lor the audil ol Ihg charity's annual accounts 5A50 5,200 10. Staff costs 2022 2021 Wages and salaries Social security costs Contribution lo defined contribution pension schemes 799,169 44,148 17,928 690,219 41.288 18,076 861,245 749,583 The average number ol persons employed by th8 charity during tha year was as follows.. 20f2 No. 2021 Managèment & administration Carers, drivers & Ironl ol house 52 48 58 54 No employee receiv8d remuneration amounting to morg than £60,000 in 911her year. 11. Tru¥teeg' remuneratlon and expenses During the year, no Trusle8s rwivgd any rgmun8ration or oihgr bgn81ils (2021- £NIL). During the year ended 31 Mah 2022, no Truste8 gxpenses have b88n incurred (2021- £3.075J. Page 23
GAANTHAM AND DISTRICT MENCAP LIMITED IA company limlted by guaranto0) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 12. Tanglblo flxed asgetg Fmhold Tonant'g proporty lrnp'ments Motor Flxtureg and vehlcles Ilttlngs Total Cost Al 1 April 2021 Additions 665,865 95,408 26,526 330.808 8,482 1,118.607 8,482 Ai 31 March 2022 665,865 95,408 26,526 339,290 1,127,089 Depreclatlon Al 1 April 2021 Charge for thg ygar 268,946 12.607 14,892 25,817 178 261,135 570,TaO 23,129 Al 31 Maich 2022 281,553 16,800 25.995 269.571 593,919 Not book valuo At 31 March 2022 384,312 78.608 531 69.719 533,170 Al 31 March 2021 396,919 80.516 709 69,673 547,817 Pag8 24
GRAKfHAM AND DISTRICT MENCAP LIMITED (A ¢ornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 13. Flxed as¥ot Investments Unlisted Investments Cost or valuatlon At 1 April 2021 Additions 97,775 At 31 March 2022 98,074 Net book valu• Ai 31 March 2022 98,074 At 31 March 2021 97, 775 Fixed Ass8t Investments al the year end include long term cash dgposils of £97,156 (2021 £96,857). 14. Debtors 2022 2021 Du• wlthln on? yeai Trade debtors 71,059 32,964 71,059 15. Curront ass•t investmgnts 2022 2021 Short-lorm cash deposits 170,000 277,846 Page 25
GRANTHAM AND DISTRICT MENCAP LIMITED (A company Ilmlted by guaranto01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 16. Crodltors: Amounts falllng due wlthln one year 2022 2021 Other creditors Accruals and d8leTr8d income 9.076 5,537 19,957 14.526 25,494 2022 2021 Deferred income al 1 April 2021 R9s0ur¢gs d91grr9d during the year Amounts released from previous periods 14,757 14,757 114,757) 14,757 Pag8 26
GRANTHAM AND DISTRICT MENCAP LIMITED (A company limited by guaranleo) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 17. Statomonl of funds Statomont of funds . current year Balance at 31 March 2022 Balance at 1 Aprll 2021 Income Expendllure Unre¥trlcted funds Designated funds The Porter Family Trust 31,872 31,872 General funds General Funds all funds 954,209 1,102,593 (1,192,006> 864,796 Total Unrostri¢tod funds 986,081 1,102,593 (1.192,006) 896,668 Statement of fund8- prlor year Balancg al 31 March 2021 Balance al l Apn"12020 Inm8 Expcnditure Unrestrlcted funds D•glgnatod fundg Tho Porter Family Trust 31.872 31,872 General funds General Funds - all funds 875,494 1, 123.912 (1,045, 197) 954,209 Total Unrestrlctod funds 907.366 1, 123,912 (1,045, 197) 986.081 Page 27
GRANTHAM AND DISTRICT MENCAP LIMITED (A ¢ompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 17. Ststement of funds Icontlnu8d) Gonoral fund General funds are those funds not designated towards any proiecl in particular and can be used towards any ol the Charitls objectives. Deslgnated fund The Porter Family Trust - during a prior year the charity receNed a donation from the Porter Family Trust, created by the late Nina Betty Porter. Whilst no legally binding obligations were imposed on th8 donation. il was the wish that the funds be used lor the lulur8 benefit ol Ihg fgsklanls al Fairview Farm. Accordingly th9 Trustegs hav9 dosignatgd the funds lor this purpos8. Page 28
GIIANTHAM AND DISTRICT MENCAP LIMrrED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 18. Analysls ot net assets between funds Analy¥ls of net assets between fund3- current ygar Unrestrlct funds 2022 Total funds 2022 Tangible fixed assets Fixed asset investments Current assets Creditors due within onè year 533.170 98.074 279,950 114,5261 533.170 98.074 279.950 (14,526) Total 896.668 896,668 Analysis of not a$sots between fund8 - prlor year Unrostrict8d fvnds 2021 Total lunds 2021 Tangible fixed assets Fixed asset investments Current assals Creditors due within on9 yaar 547,817 97,775 365,983 (25,494) 547,877 97, 775 365.983 (25.494) Total 986,081 986,081 Page 29
GRANTHAM AND DISTRICT MENCAP LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMEwrs FOR THE YEAR ENDED 31 MARCH 2022 19. Reconclllatlon of net movemont In funds to net cash flow from operatlng actlvltles 2022 2021 Net incomolexpendilure for the year las pgr Stalemgnl of Financial Acliviliesl {89,413) 78.715 Adjustments for: Depreciation charges Dividends, inl8resls and rents from invgslmants D8cr8as8llincaSPl in d&btors Decrease in crgdilors 23,129 1299) 138.095) 110.968) 22,886 (675) 49,112 (47,313J Net cash provlded byl{u8od In) operatlng actlvitlos (115.646) 102,725 20. Analysls of cash and cash equlvalents 2022 2021 Cash al bank and in hand Notice deposits (less than 3 months) 38.891 170,000 55,173 277,846 Total cash and cash equlvalonts 208.891 333,019 21. Analysis of change¥ in dèbt At 1 Aprll 2021 Cash tlows At 31 March 2022 Cash al bank and in hand 55.173 277.846 116.282) (107,846) 38,891 170,0(X) Liquid invgslmenls 333,019 1124,128) 208,891 Pag8 30
GRANTHAM AND DISTRICT MENCAP LIMITED IA company limitad by guarantee) NOTES TO THE FINANCIAL STATEMEPffS FOR THE YEAR ENDED 31 MARCH 2022 22. Penslon commltments The charity operates a defined contribution pension scheme. The assets ol th9 schem• arè held separately from those ol the charity in an independently administered fund. The nSIOn cost charg8 represents contributions payable by the charity lo the fund and amounted lo £17,928 12021 £18,076). Contributions lolalling £1.43912021 £2,1421 were payable lo the fund al the balance sheet dale. 23. Operatlng lease commltmentg At 31 March 2022 the charity had commitments lo fflakg lulure minimum lease payments under non- cancellable operaling leases as follows.. 2022 2021 Not later than 1 year Later than 1 ygar and not lalgr than 5 years 11.947 32,395 16, 187 37,910 44,342 54,097 24. Related party transactions During the year. Ihgre were no related party transactions that are requir8d lo be disclosed under the SORP. Page 31