OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-12-31-accounts

TRUSTEES P Boyle (Chair)
G Dart —term ofoffice ended 23 February 2021
A Gardiner
S Gaysford
KJordan
F Morris-Jones (Deputy Chair)
D Widdowson
COMPANY SECRETARY Nneka Egbuji
REGISTERED OFFICE The Green House
244-254 Cambridge Heath Road
London
E2 9DA
REGISTERED COMPANY NUMBER 02849833 (England and Wales)
REGISTERED CHARITY NUMBER 1025557
AUDITORS Azets Audit Services
Statutory
Auditor
2nd Floor, Regis House
45 King William Street
London
EC4R 9AN
BANKERS CAF Bank
Kings
Hill
West Mailing
Kent
ME19 4TA

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF PROTECT IWHISTLEBLOWING ADVICEI LIMITED Matters on whlch we are r•qulrgd to r•port by excèpllon In the light of the kwwledge and understanding ol the chantable company and its environment obtained in the course of the a(KJit. we have not Identified material misstatements in the directors, report. We have nothing to report in respect of the folh)wn9 matlers in relation to which th8 Cornpantes Ad 20[% wuires us to report tg you if, in our opinion.. adequate accA)unting records have b88n kept, or retum5 8dequ8¢8 lor our audit have not been received from branches not visitèd by u5,. or • lh8 fin8nci81 stat8ment$ are [￿t in agreemenl wrth the accounting records and roiums., or cèrtain disdosures of direolors, remuneration specified by law are not mad8, or we havo not received all the inlomiotion and 8xplanation5 require for our audit. or the trustees were not enti118d to pr8pare the financial statements in accordance with th8 small compani$' règim nd takè advantage of the small ¢(￿pan￿?$, exemptions in preparing the d1￿ctorS, report and from the requirement to prepare a strategi¢ iepo Re$ponslbillti•s of trvstt•s As explained morè fully In the trustaas, rgsponsibilits'es ststemenl set out on page 9. th? tru51e8s (who are also the directors of thg ¢haritable ¢ornpany for Ihe purposes ol c4)mpany L3wl are responsiblt for the pr8par3tion of the finanual statements and for being satisfied that thtsy give a trutr and fair vigw, ar￿ ft)r such inlemal control as tho tru5te98 d&temiine is necessary to enable Ihe preparation of finKi81 ststements that a￿ free from material misstatem8nt. whether dutt to fraud or error. In preparing the financial 5tstements, the trustees are responsib￿ lor assessing the charitable company's ability to continue as a golng concem. (Jisdosing, as 8pplicab18, rnatter5 r8laled to goiro ￿ncern aryj using the going concem basis ol aCC￿UntIng unless the trustees either intend to liquidate the charitstme company or to ￿$6 operations, or have rKJ realisiic aiièmativa but io do so. Audltorf$ ro$pon$lbSllUos for th• audit ot the financial 5tatemonts Our otyectives are lo obtarn ￿aSonable assufanee about whether the finanThal ststemenls as a whole are free from mateNal rn15$tatetnent. whether due to fraud or error. and lo issu? an audbtor's report that inGludes our opinion. Reasonable assurance is a high level of assurance, but is not a gu8rant88 that an auolt ￿nducted in aceordanee with ISAS IUKI will afvdys detect a material misslatemenl when it exists. Misstatements can arise Irom frduIJ or error and are considered mat8rial rf, in¢Jividually or in the aggregate. they oiukl reasonably be expectèd to influence the econom dècisions of users taken on the basis of these financial stslements. Irregularits'es, inclu¢Jing fraud, arè Instsneès Of nOn-(x)m￿l8nCtt wrth law8 and regulal"Jons. We éesKJn pNKedures in line with our re5ponsibiliti8s, ouUin8d above, to detect maleril misstatements In respect of irr8gulairti8s. indudtng fraud. Because of the Inhe￿￿t limitations of an audit, there Is a risk thai wtr will not delect all irregularities. in¢Juding those leading to a material misstatemonl in the finanoal statements or non-cornpliance with regulation. Thls risk increases thè mwe that (X)mplIan￿ wth a law or regulation is removed from the ewents and transactions refieded in th8 finan¢ial slaternents, as we will be 18ss lik81y to become aware of inslan¢es of non-C(xnpliance. The risk is also greater regarding rregularities occijrring due to Iraud r8lher than error. as fraud involves intentional coneealmgnt, forgery. collusion. omission or misrepresentslion. A further descriptH)n of our ￿POnSibl1￿1eS is availableon the Fin8no81 Reporting Council's websrte at. httpsJlwww.Irc.org.uklOur-WorklAudrtlAudil-and-assuran¢elSlandards-and-guidancelStandards-and-guidanc&for- auditorslAudrtors-responsibilities-lOr-8ud￿DeSCnpti0n-0I-audIto￿S-responslblli￿"e$￿fOr.aUOrt.aSpx. This descripbon fom)s p?rt of our auditor's report. Page11

2020 2020 2020 2019
Notes Unrestricted Restricted
E		 Totalfunds
E		 Total fundsf
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 10,919 10,000 20,919 29,564
Charitable
activities
Business support
and		 fundraising 208,002 208,002 248,363
Advice line 630,390 630,390 615,406
Investment
income		 332 332 626
Other income 10,625 10,625
Total 860,268 10,000 870,268 893,959
EXPENDITURE ON
Charitable
activities
Business support
and		 fundraising 269,908 269,908 283,881
Advice line 398,009 2,500 400,509 421,241
Public Education
and		 Policy 130,600 130,600 137,362
Development
and Growth		 34,827 34,827 36,630
Total 833,344 2,500 835,844 879,114
NET INCOME 26,924 7,500 34,424 14,845
RECONCILIATION
OF FUNDS
Total funds brought forward 89,080 89,080 74,235
TOTAL FUNDS CARRIED FORWARD 17 116,004 7,500 123,504 89,080

2020 2019
Total funds Total funds
Notes
FIXED ASSETS
Tangible assets 13 7,783 11,465
CURRENT ASSETS
Debtors 14 292,434 305,675
Cash at bank 279 306 209 613
571,740 515,288
CREDITORS
Amounts
falling due within one year		 15 (456,019) (437,673)
NET CURRENT ASSETS 115721 77 615
TOTAL ASSETS LESSCURRENT LIABILITIES 123,504 89,080
NET ASSETS 123504 89 080
FUNDS 17
Unrestricted
funds		 116,004 89,080
Restricted funds 7500
TOTAL FUNDS 123504 89080

2020 2019
Notes
Cash flows from operating activities:
Cash generated
from operations		 19 69,361 87,951
Net cash provided
by operating		 activities
69,361 87,951
Cash flows from investing activities:
Purchase oftangible
fixed assets		 (13,230)
Current asset cash investments
Interest received 332 626
Net cash provided
by (used in)		 investing
activities 332 ~12.604)
Cash flows from financing activities:
Capital repayments
in year
Net cash provided
by (used in)		 financing
activities
Change
in cash and cash equivalents		 in the 69,693 75,347
reporting
period
Cash and cash equivalents at the beginning of
the reporting
period		 209,613 134,266
Cash and cash equivalents at the end ofthe
reporting
period		 279 306 209,613

The Trustees
statements.		 The Trustees
statements.		 consider that there are no significant
judgeme		 nts
or estimates
in the preparation
ofth		 ese financial
DONATIONS AND LEGACIES
2020 2019
F
Donations (unrestricted) 10,919 29,564
Donations (restricted) 10,000
29919 29,564

4. INCOME FROM CHARITABLE ACTIVITIES
Activity 2020
f		 2019
f
Incoming resources from
charitable activities Business support and fundraising 208,002 248,363
Incoming resources from
charitable activities Advice line 630,390 615,406
838,392 863,769
5. INVESTMENT INCOME
2020
f		 2019
f
Investment
income		 332 626
6. OTHER INCOME
2020
f		 2019
f
Furlough funding 1~0625
7. CHARITABLE ACTIVITIES COSTS
Support
Direct costs costs Totals
(See note 8)
f		 (See note 9)
f		 f
Business support and fundraising 230,536 39,372 269,908
Advice line 342,086 58,423 400,509
Public Education and Policy 111,549 19,051 130,600
Development
and		 Growth 29,747 5,080 34,827
713 918 121,926 835,844
8. DIRECT COSTS OF CHARITABLE ACTIVITIES
2020
f		 2019
f
Staff costs 575,904 590,923
Non-staff costs 138014 175,477
713,918 766,400

SUPPORT COSTS
Governance
Management
f		 costs
f		 Totals
f
Business support
and fundraising		 21,122 18,250 39,372
Advice line 31,343 27,080 58,423
Public Education
and Policy		 10,221 8,830 19,051
Development
and Growth		 2,725 2,355 5,080
65,411 56,515 121,926
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2020
f		 2019
f
Depreciation
- owned assets		 3,682 5,244
Operating
lease rentals		 44,568 53,814
Auditor's
remuneration		 -statutory audit 6,600 6,500
Auditor's
remuneration		 —other services 1,500 1,500
Non-staff costs are made up of:
2020 2019
f
Premises 74,426 89,959
Communications 6,136 15,001
Depreciation 3,682 5,244
Training
and library		 13,229 14,525
Public relations
and marketing		 8,585 21,688
Service costs 97 85
Office expenses 15,441 18,828
Auditor's
remuneration		 - statutory audit 6,600 6,500
Auditor's
remuneration		 - non-audit services 1,500 1,500
Provision
for bad debts		 29,484 15,225
Professional fees 548 48
Other 16,885 14,088
176,613 202,691

2020 2019
f
Salaries and wages 549,744 562,175
Social security costs 50,794 54,218
Employer's contribution to defined contribution pension scheme 29,634 27,723
Other staff costs 16536 32,308
648,708 676,423
The average full-time employees' equivalent number during the year was 16.9(2019:17.4).
Employees remunerated in excess off60,000 excluding employer's pension contributions
are as follows:
2020 2019
F

TANGIBLE FIXEDASSETS
Fixtures and Computer
fittings equipment
f		 Totals
f
COST
At 1 January 2020 30,791 37,534 68,325
Additions
At 31 December 2020 30,791 37,534 68,325
DEPRECIATION
At 1 January 2020 20,597 36,263 56,860
Charge for year 3,376 306 3,682
At 31 December 2020 23,973 ~36569 60,542
NET BOOK VALUE
At 31 December 2020 6,818 965 7,783
At 31 December 2019 10,194 1,271 11,465

DEBTORS:A MOUNTS
FALLING DUE WITHIN ONE YEAR
2020
f		 2019
f
Trade debtors 267,289 265,566
Other debtors 5,793 11,524
Prepayments and accrued income 19,352 28,585
292,434 305,675

2020 2019
f
Trade creditors 13,497 8,369
Social security and other taxes 70,162 103,259
Accruals and deferred
income		 372,360 326,045
456049 437,673
Deferred income reconciliation:
2020
f		 2019
f
Brought forward
balance at 1 January		 303,290 291,928
Amounts recognised as incoming resources in the year (303,290) (291,928)
Amount deferred at 31 December 342,037 303,290
342,037 303,290

and is included
in cr		 edi tors
u		 nder other tax and social security.
2020 2019
Contributions
payable		 by the company for the year 29,634 27,723
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2020 2019
Net income for the reporting period (as per the statement offinancial
activities) 34,424 14,845
Adjustments
for:
Depreciation
charges		 3,682 5,244
Interest received (332) (626)
Decrease
in debtors		 13,241 49,681
Increase
in creditors		 18,346 18,807
Net cash provided by operating activities 69,361 67,951