``` REGISTERED COMPANY NUMBER: 02810326 (England and Wales) REGISTERED CHARITY NUMBER: 1024925 ``` ``` Report of the Trustees and ``` ``` Unaudited Financial Statements for the Year Ended 31 March 2021 ``` ``` for ``` ``` Friends of the Beacon ``` ``` G Smith ``` ``` 12, Surrey House New Road Chilworth Guildford Surrey GU4 8LP ``` ``` Friends of the Beacon ``` ## **`Contents of the Financial Statements for the Year Ended 31 March 2021`** ||**`Page`**| |---|---| |**`Report of the Trustees`**|`1 to 2`| |**`Independent Examiner's Report`**|`3`| |**`Statement of Financial Activities`**|`4`| |**`Balance Sheet`**|`5`| |**`Notes to the Financial Statements`**|`6 to 10`| ``` Friends of the Beacon ``` ## **`Report of the Trustees`** ## **`for the Year Ended 31 March 2021`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report withthefinancialstatementsofthecharityfortheyearended31March2021.Thetrusteeshaveadopted the provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ``` The short and long-term aim of the charity is to provide finance for the Beacon Specialist Palliative Care Service. ``` ``` Thetrusteeshavecompliedwiththeirdutytohavedueregardtopublicbenefitguidancepublishedbythe Charity Commission. ``` ## **`ACHIEVEMENT AND PERFORMANCE`** ``` Inthisfinancialyear,thecharitywasabletoraise£1,489(2020:£16,237)fortheBeaconSpecialistPalliative Care Service.Thisincluded£nil(2020:£15,154)inrespectofashareofMarathonsponsorshipmonies.Thecharity also received £64,431 (2020: £6,000) in restitution from a responsible official. This cleared the outstanding balance in full. ``` ``` Thecharity'sexpendituretotalled£27,916(2020:£25,165).£25,876(2020:£25,877)ofthiswasusedto directly supporttheBeacon(including£25,000specificallytoassistwiththeadditionalexpensescausedbythe Covid19 pandemic) and £2,040 (2020: £1,980) was spent to raise funds through the London Marathon. ``` ``` Thecharityhas5"GoldenBond"LondonMarathonrunnerseachyearforwhichthecharitypays£1,980,with an additional£60thisyearinrespectoftheVirtualMarathon.ThesearemanagedfortheFriendsbyPhyllis Tuckwell HospiceCare,whoruntheBeaconCentre.Lastyear,thesponsorshipmoneyof£15,154collectedfromthe runners waspaidtothecharitybutthendonatedbacktoPTHC.Thisyear,asthemarathonwasnotheldinthenormal way becauseof the Coronaviruspandemic,any sponsorshipmoniesaccumulatedby the runnershave been rolled forward byPhyllisTuckwellHospiceCareintotheyearthattherunnerswillactuallybe competing.Formostrunners,this will be the 2022 event. ``` ``` There has been no effect on the charity'sactivitiesas a resultof the Covid19pandemic,otherthanthe matters noted above in respect of the London Marathon and £25,000 donation to PTHC. ``` ## **`FINANCIAL REVIEW`** ``` The results for the year are as set out in the annexed Statement of Financial Activities. ``` ## **`FUTURE PLANS`** ``` In the future the charity plans to continue to carry out its current objects and activities. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` ThecharityiscontrolledbyitsMemorandum&ArticlesofAssociationandconstitutesacompanylimited by guarantee, as defined by the Companies Act 1985. ``` ## **`Recruitment and appointment of new trustees`** ``` All trustees are appointed when necessary and are given sufficient training on appointment. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 02810326 (England and Wales) ``` ## **`Registered Charity number`** ``` 1024925 ``` ``` Page 1 ``` ``` Friends of the Beacon ``` ## **`Report of the Trustees for the Year Ended 31 March 2021`** ## **`Registered office`** ``` The Oriel Sydenham Road Guildford Surrey GU1 3SR ``` ## **`Trustees`** ``` Mrs J M Holland A M Jackson A J Bennewith Dr K A Hillard P Foxton ``` ## **`Company Secretary`** ``` A M Jackson ``` ## **`Independent Examiner`** ``` G Smith 12, Surrey House New Road Chilworth Guildford Surrey GU4 8LP ``` ``` Approved by order of the board of trustees on 28 June 2021 and signed on its behalf by: ``` ``` A M Jackson - Trustee ``` ``` Page 2 ``` ## **`Independent Examiner's Report to the Trustees of Friends of the Beacon`** ## **`Independent examiner's report to the trustees of Friends of the Beacon ('the Company')`** ``` I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021. ``` ## **`Responsibilities and basis of report`** ``` As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` Having satisfiedmyself that the accountsof the Companyare not requiredto be auditedunder Part 16 of the 2006 Act andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as carriedoutundersection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the examination giving me cause to believe: ``` `1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or` `4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` G Smith 12, Surrey House New Road Chilworth Guildford Surrey GU4 8LP ``` ``` 16 July 2021 ``` ``` Page 3 ``` ``` Friends of the Beacon ``` ## **`Statement of Financial Activities`** ## **`for the Year Ended 31 March 2021`** |`31.3.21`
`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`1,519`
`Investment income`
`2`
`648`
`Other income`
`64,431`
**`Total`**
`66,598`
**`EXPENDITURE ON`**
`Raising funds`
`2,040`
**`Charitable activities`**
`Support for Beacon`
`25,876`
**`Total`**
`27,916`
**`NET INCOME/(EXPENDITURE)`**
`38,682`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`163,113`
**`TOTAL FUNDS CARRIED FORWARD`**
`201,795`|`31.3.20`
`Total`
`funds`
`£`
`16,237`
`1,042`
`6,000`
`23,279`
`1,980`
`23,185`
`25,165`
`(1,886)`
`164,999`
`163,113`| |---|---| ``` The notes form part of these financial statements ``` ``` Page 4 ``` ``` Friends of the Beacon ``` ## **`Balance Sheet`** ## **`31 March 2021`** |`31.3.21`
`Unrestricted`
`fund`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`7`
`1,353`
**`CURRENT ASSETS`**
`Cash at bank`
`200,442`
**`CREDITORS`**
`Amounts falling due within one year`
`8`
`-`
**`NET CURRENT ASSETS`**
`200,442`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`201,795`
**`NET ASSETS`**
`201,795`
**`FUNDS`**
`9`
`Unrestricted funds`
`201,795`
**`TOTAL FUNDS`**
`201,795`|`31.3.20`
`Total`
`funds`
`£`
`1,803`
`176,464`
`(15,154)`
`161,310`
`163,113`
`163,113`
`163,113`
`163,113`| |---|---| ``` The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year ended 31 March 2021. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies subject to the small companies regime. ``` ``` The financialstatementswere approvedby the Boardof Trusteesandauthorisedfor issueon 28 June 2021and were signed on its behalf by: ``` ``` A M Jackson - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 5 ``` ``` Friends of the Beacon ``` ## **`Notes to the Financial Statements`** ## **`for the Year Ended 31 March 2021`** ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ``` ## **`Income`** ``` All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement andtheamountof theobligationcanbe measuredreliably.Expenditureis accountedforonanaccruals basis andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationis providedat the followingannualrates in orderto write off each asset over its estimated useful life. ``` ``` Equipment- 25% on reducing balance Furniture- 25% on reducing balance Computer equipment- 25% on reducing balance ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial statements. ``` ``` continued... ``` ``` Page 6 ``` ``` Friends of the Beacon ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2021`** ## **`2. INVESTMENT INCOME`** |**`INVESTMENT INCOME`**||| |---|---|---| ||`31.3.21`|`31.3.20`| ||`£`|`£`| |`Deposit account interest`|`648`|`1,042`| |**`NET INCOME/(EXPENDITURE)`**||| |`Net income/(expenditure) is stated after charging/(crediting):`||| ||`31.3.21`|`31.3.20`| ||`£`|`£`| |`Depreciation - owned assets`|`450`|`601`| ## **`3. NET INCOME/(EXPENDITURE)`** ## **`4. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2021norforthe year ended 31 March 2020. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended31March2021norfortheyear ended 31 March 2020. ``` ## **`5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**|| |---|---| ||`Unrestricted`| ||`fund`| ||`£`| |**`INCOME AND ENDOWMENTS FROM`**|| |`Donations and legacies`|`16,237`| |`Investment income`|`1,042`| |`Other income`|`6,000`| |**`Total`**|`23,279`| |**`EXPENDITURE ON`**|| |`Raising funds`|`1,980`| |**`Charitable activities`**|| |`Support for Beacon`|`23,185`| |**`Total`**|`25,165`| |**`NET INCOME/(EXPENDITURE)`**|`(1,886)`| |**`RECONCILIATION OF FUNDS`**|| |**`Total funds brought forward`**|`164,999`| ``` continued... ``` ``` Page 7 ``` ``` Friends of the Beacon ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2021`** ## **`5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`** ## **`TOTAL FUNDS CARRIED FORWARD`** ``` Unrestricted fund £ 163,113 ``` ## **`6. AVERAGE NUMBER OF EMPLOYEES`** ``` The average number of employees during the year was NIL (2020 - NIL). ``` ## **`7. TANGIBLE FIXED ASSETS`** |`Equipment`
`£`
**`COST`**
`At 1 April 2020 and 31 March 2021`
`5,905`
**`DEPRECIATION`**
`At 1 April 2020`
`5,321`
`Charge for year`
`146`
`At 31 March 2021`
`5,467`
**`NET BOOK VALUE`**
`At 31 March 2021`
`438`
`At 31 March 2020`
`584`
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Other creditors`
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Furniture`
`£`
`3,900`
`3,467`
`108`
`3,575`
`325`
`433`
`At 1.4.20`
`£`
`163,113`
`163,113`|`Computer`
`equipment`
`£`
`6,705`
`5,919`
`196`
`6,115`
`590`
`786`
`31.3.21`
`£`
`-`
`Net`
`movement`
`in funds`
`£`
`38,682`
`38,682`|`Totals`
`£`
`16,510`
`14,707`
`450`
`15,157`
`1,353`
`1,803`
`31.3.20`
`£`
`15,154`
`At`
`31.3.21`
`£`
`201,795`| |---|---|---|---| ||||`201,795`| ## **`8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** ## **`9. MOVEMENT IN FUNDS`** ``` continued... ``` ``` Page 8 ``` ``` Friends of the Beacon ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2021`** ## **`9. MOVEMENT IN FUNDS - continued`** ``` Net movement in funds, included in the above are as follows: ``` ||`Incoming`|`Resources`|`Movement`| |---|---|---|---| ||`resources`|`expended`|`in funds`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`66,598`|`(27,916)`|`38,682`| |**`TOTAL FUNDS`**|`66,598`|`(27,916)`|`38,682`| ## **`Comparatives for movement in funds`** |`At 1.4.19`
`£`
**`Unrestricted funds`**
`General fund`
`164,999`
**`TOTAL FUNDS`**
`164,999`
`Comparative net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
`23,279`
**`TOTAL FUNDS`**
`23,279`|`Net`
`movement`
`At`
`in funds`
`31.3.20`
`£`
`£`
`(1,886)`
`163,113`
`(1,886)`
`163,113`
`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(25,165)`
`(1,886)`
`(25,165)`
`(1,886)`| |---|---| ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 1.4.19`
`£`
`164,999`
`164,999`|`Net`
`movement`
`in funds`
`£`
`36,796`
`36,796`|`At`
`31.3.21`
`£`
`201,795`| |---|---|---|---| ||||`201,795`| ``` continued... ``` ``` Page 9 ``` ``` Friends of the Beacon ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2021`** ## **`9. MOVEMENT IN FUNDS - continued`** ``` A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above are as follows: ``` ||`Incoming`|`Resources`|`Movement`| |---|---|---|---| ||`resources`|`expended`|`in funds`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`89,877`|`(53,081)`|`36,796`| |**`TOTAL FUNDS`**|`89,877`|`(53,081)`|`36,796`| ## **`10. RELATED PARTY DISCLOSURES`** ``` Therewerenorelatedpartytransactionsfortheyearended31March2021orfortheyearended31 March 2020. ``` ``` Page 10 ```