2021-12-31-accounts - Protect (Whistleblowing Advice) Limited

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		Page
Reference	and Administrative Details
Report of	the Trustees	2 to 9
Report of	the Independent Auditors	10-12
Statement	of Financial Activities	13
Statement	of Financial Position	14
Statement	ofCash Flows	15
Notes to the Financial Statements		16to 24

TRUSTEES	P Boyle (Chair)
	G Dart (term of	office		ended 23 February 2021)
	A Gardiner
	S Gaysford
	J Graham (appointed			29 November 2021)
	KJordan
	R Lloyd (appointed		12 May 2021)
	F Morris-Jones	(Deputy Chair)
	R Passi (appointed		12 May 2021)
	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
	ME194TA

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF PROTECT (WHISTLEBLOWING ADVICEI LIMITED Mattern on whlch wg are roqulred to rnport by •x¢eptton In the Ivjht of the knowledge and understsnding ol the charrtable Company and rts environment obtained in the course ol the audit, have not id6nbfi8d material misstalamènts In th8 directors. reporL Vve have nothing to r8POrt in r8specl ol the following matters in rekts'on to which tha Companigs Act 2006 requires us to r&port W you if. in our opinion.. . adequate accountiThJ records have not been kept, or rètum5 ad8quat8 for oyr audrt have no¢ been received from branches not visited by ug", or the financial 5tatem8nis are nol in agreernent wrth the accounting records and returns, or • ertain di3dosure5 of dire¢tors' remunerats'on specified by law a not made," or we have not received all the information and explanatsons w• raquir8 lor our audit; or the trustees were not entitled lo prepare the finanaal stalam8nts in accordance with the small companies. regime and take advantagè of the sm911 compan$, 8x8mption$ tn preparing the directors. port and from the rU1rem&nt to prépare a strategic reporL Re$pon8ibllltle$ of trustees As explained m8 fully in the trustses, r•sponsbilits"&s statamanl sot ou¢ on page 9, the Irustses Iwho are also tho directors of the d)arrtable company for the purptsses of company 18wl are responsible for the preparation of the financial st8ternents and for being Satisf that they give a true and lair view, aThd for such intèmal ctsntrol as the trustees determine is necessary to enable the preparation of finamal statements that art fre8 from rnatwial misstatement, whether due to fraud or error In pparing the financial statemènts, thè trusteès are responsible for asses$Tr9 the Cttaritab company's abilty to ¢ontinuo as a going concern. disclo$ing, as applicable. matters related lo going concern and using the going Concern b8543 of 8c¢ountiThg unle53 the trustts5 erther intend to liquidate the charitaue company or to eeasè 0ratiOnS, or have no realistic altemative bul lo do $0. Audltor'8 rèsponsibilitiès for th• audit of the financial ststements Our objectivès arè to obtain reason8ble aSSUf¥n¢e about whether the financial statements as a whole a fe trom matenal misstatement. whether due to fraud ot errol, and to Issue an auditor's report ihat includes our opinion. Rèasonable a5suranc8 is a high level of assurance, but is not 8 guarantee that an aY1t conducted in accordaneo with ISAS IUKI will alw8ys detert a materyal mi5Statement when it exists. Misstatements can arise from fraud or error and are considored Inalenal li, individualty or ill th& aggregate. ihey could ¥eason)ly oe e¥p6Cted to influence tkie economic decisions of users lakgn on thg basis of these financial statements. The specific prIxeduS for this engag9rn8nt and the extent to which these are CapatI of detecting irregularities, including fraud Is d&tald below. Enquiry ol management and those charged governance around actual and potentsal litigation and claims as well as actual, suspected and alleged fraud", Revwing Tninutes of meets.ngs of those charged with governance.. Asse$5tng Ihe extent ol Complian with the laws regulations considered lo havs ) diract material elfect on the financial statements or the operations of Ihe company through enquiry and inspection.. Reviewing financial statement disclosures and testing 10 supporting dowrrtenlation to assess com18n¢8 wth applicab laws and regulations., P¢rfoiming audit WQTk over thè ol managemenl 'aS and override of controls, Including tèsb.ng of joumal entr5 and other adjustment5 ft)r approprialene5s, evaluating the business ratsonalè of significant trasactIonS outside the nonnal course ol business and revrewing accounting èsbmates for in¢JicatOFS of pot¥nbal bias. Irwularilies, including fraud, are instances of non-complianc8 with law5 and wulations We desi9n procedures in line with our responsibilits, outlinad abovè, to datèct matènal mi5$taternents in respect ol Irregulants'es. induding fraud. Because of the inherent lirnitations of an audil, there is a nsk that we will not d•t8Ct all irregularities, including those *eading to a material misstatement in the financial statements or non-eompliance with regulaty'on. This risk increases the mofft that Complian with a law Of regulats.on Is removed from the evenis and transactions reflected in the financial statements, as we will be less likely to beeome awa ol instan¢ès of non-cornp1ian The fi$ is also gater regarding irregularib8s occurring du8 to fraud rather than wror, as fraud involves Intentsonal concealment, forgèry, ctsllusion, omissK)n or misrepresenlabon. A further descnption ol our responsibilities is availablèon thè Finan81 Reporting Council's websits at htty8".Ilw Irc.org.ukJOur-WothlAudiVAudit-8nd-assUrancelStandard5-and-guidanSndar$-ad.guIdanCe-f0r- audthrslAuditors-r¥$ponsoili)'èS-for-audiVDè$cripbonf-oy41torre3ponSlbll1"e$-fOr-audIl.aSpx. This dèscription lomts part of our audrtor's r•ptsrL P8ge11

				2021	2021	2021	2020
			Notes	Unrestricted	Restricted f	Total funds	Total funds E
INCOME AND ENDOWMENTS		FROM
Donations and legacies				8,259		8,259	20,919
Charitable activities
Business support and	fundraising			230,626		230,626	208,002
Advice line				638,460		638,460	630,390
Investment income				262		262	332
Other income							10,625
Total				877,607		877,607	870,268
EXPENDITURE ON
Charitable activities
Business support and	fundraising			255,559	2,422	257,981	269,908
Advice line				379,217	3,593	382,810	400,509
Public Education and	Policy			123,655	1,172	124,827	130,600
Development and Growth				32,975	313	33,288	34,827
Total				791,406	7,500	798,906	835,844
NET INCOME				86,201	(7,500)	78,701	34,424
RECONCILIATION OF FUNDS
Total funds brought	forward			116,004	7,500	123,504	89,080
TOTAL FUNDS CARRIED FORWARD			17	202,205		202,205	123,504

		2021	2020
		Total funds	Total funds
	Notes
FIXEDASSETS
Tangible assets	13	3,509	7,783
CURRENT ASSETS
Debtors	14	226,248	292,434
Cash at bank		441,266	279,306
		667,514	571,740
CREDITORS
Amounts falling due within one year	15	(468,818)	(456,019)
NET CURRENT ASSETS		196696	115,721
TOTAL ASSETSLESSCURRENT LIABILITIES		202,205	123,504
NET ASSETS		202,205	123,504
FUNDS	17
Unrestricted funds		202,205	116,004
Restricted funds			7,500
TOTAL FUNDS		202 205	123„504

						2021	2020
					Notes		f
Cash flows from operating	activities:
Cash generated from operations					19	161,698	69,361
Net cash provided by operating		activities
						161696	69,361
Cash flows from investing	activities:
Purchase oftangible fixed assets
Current asset cash investments
Interest received						262	332
Net cash provided by (used in)		investing
activities						262	332
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			161,960	69,693
reporting period
Cash and cash equivalents	at the beginning			of
the reporting period						279,306	209,613
Cash and cash equivalents	at the end		ofthe
reporting period						441 266	279 306

4.	INCOME	FROM	CH	ARITABLE ACTIVITIES
				Activity					2021 f	2020 F
	Incoming	resources		from
	charitable	activities		Business support	and fundraising			230,626		208,002
	Incoming	resources		from
	charitable	activities		Advice line				638,460		630,390
								869085		838,392
5.	INVESTMENT INCOME
									2021 f	2020 F
	Investment income								262	332
6.	OTHER INCOME
									2021 F	2020 f
	Furlough	funding								10,625
7.	CHARITABLE ACTIVITIES COSTS
								Support
						Direct costs			costs	Totals
						(See	note 8) f	(See	note 9) f	f
	Business	support	and fundraising			232,284			25,697	257,981
	Advice line					344,680			38,130	382,810
	Public Education		and	Policy		112,395			12,432	124,827
	Development and		Growth				29,972		3316	33,288
						719331			79575	798906
8.	DIRECT	COSTS	OF	CHARITABLE ACTIVITIES
									2021 ' f	2020 F
	Staff costs							592,067		575,904
	Non-staff	costs						127264		138,014
								719,331		713,918

SUPPORT COSTS
					Governance
				Management E	costs f	Totals
Business support and fundraising				13,768	11,929	25,697
Advice line				20,428	17,702	38,130
Public Education and Policy				6,660	5,772	12,432
Development and Growth				1,777	1,539	3,316
				42 633	36,942	79,575
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated	after charging/(crediting):
					2021	2020
					E	F
Depreciation —owned assets					4,274	3,682
Operating lease rentals					30,884	44,568
Auditor's remuneration	-	statutory	audit		5,400	5,100
Auditor's remuneration	—other services				1,600	1,500
Non-staff costs are made		up of:
					2021	2020
Premises					44,348	74,426
Communications					9,878	6,136
Depreciation					4,274	3,682
Training and library					10,950	13,229
Public relations and marketing					11,127	8,585
IT Upgrade					15,805
Office costs: Computer	and photocopier				8,660	11,272
Other office expenses					6,272	4,169
Auditor's remuneration	—statutory		audit		5,400	6,600
Auditor's remuneration	-	non-audit	services		1,600	1,500
Provision for bad debts					19,653	29,484
Other					10,317	17,530
					148,284	176,613

STAFF CO	STS
					2021f	2020 f
Salaries and wages					556,032	549,744
Social security costs					52,148	50,794
Employer's	contribution	to defined	contribution	pension scheme	28,506	29,634
Other staff	costs				13936	18,536
					666622	848,788

tions are	as follows:
2021	2020
No.	No.

TANGIBLE FIXEDASSETS
	Fixtures and	Computer
	fittings f	equipment f	Totals f
COST
At 1 January 2021	30,791	37,534	68,325
Disposals	~7903)	~1,132)	~9,035)
At 31 December 2021	22,888	36,402	68,325
DEPRECIATION
At 1 January 2021	23,973	36,569	60,542
Charge for year	3,309	965	4,274
Depreciation on disposals	~7,903)	~1,132)	~9,035)
At 31 December 2021	19,379	36,402	64,816
NET BOOK VALUE
At 31 December 2021	~3509		~3509
At 31 December 2020	6,818	965	7783

					2021	2020
					K
Trade debtors					208,569	267,289
Other debtors					6,483	5,793
Prepayments and accrued income					11,196	19,352
					226,248	292,434
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					2021	2020
						F
Trade creditors					19,870	13,497
Social security and other taxes					59,583	70,162
Accruals	and deferred income				389365	372,360
					468 818	456,019
Deferred	income	reconciliation:
					2021	2020
					E
Brought	forward	balance at 1 January			342,037	303,290
Amounts	recognised as incoming		resources	in the year	(342,037)	(303,290)
Amount	deferred	at 31 December			367 327	342,037
					367327	342,037

and is includ	ed in cr	ed	itors un	der	other	tax and social security.
								2021	2020
									E
Contributions	payable		by the	company		for the year		28,506	29,634
RECONCILIATION		OF NET		INCOME		TO NET CASH FLOW	FROM OPERATING	ACTIVITIES
								2021	2020
								E	F
Net income	for the	reporting		period		(as per the statement	offinancial
activities)								78,701	34,424
Adjustments	for:
Depreciation	charges							4,273	3,682
Interest received								(262)	(332)
Decrease in	debtors							66,187	13,241
Increase in	creditors							12,799	18,346
Net cash provided		by operating			activities			161,666	69,361