| Page | ||
|---|---|---|
| Trustees Report including Strategic Report |
||
| 18 | ||
| Reference and Administrative Information |
||
| 19 | ||
| Independent | auditor's report | |
| Consolidated | statement offinancial activities | 21 |
| Consolidated | and charity balance sheets | |
| Consolidated | and charity cash6ow statement | |
| Notes forming part ofthe financial statements |
| We have audited the Snsocial statements ofBducstica aed Services Su People with Authan Limited (Se 'panmt charitable company') ead its subsidiaries (dro 'grwqr) forthe year wded 31March 2021 which remprisa tle Baup statement ofFinancial Activities. Ihe group and pwent chen'tabs company Balance Sheet, the geup cash Flow Swnewm snd notes to the fmsneisl shxswente, Including signi6cent aecmmting policies. The snencisl reporung Smewwk that hss bees applied in Seir operation is applicable law and United Kingdom Amounting Standards, incbdiag Financial Reporting Stmdsrd 102The Firumcial Beporgng Stanched applicable in Ses UK and Sepuihc of ireland (United Kingdom Oeacrally Aecepkd |
|---|
| Accounting Practice). |
| bt eur epinioa deSneetsl slstements: |
| ~ give atrue snd 6th view ofsm sem ofthe youp's end parent chsriwda company's dgdm sc et 31 March 2021,snd oftho grasp's incomms |
| waources sad application ofrcsurces, indwgng its ineeme snd cxpesdihse, fortho year then ended; |
| ~ have been proywly prepsrod in wembuue with United Kmgdem Qeneragy Acccped Acwmnting Prectiwr, and ~ have bees prepared in scewdaneo with Ster~ oftbe Compantm Act2006. |
| Basisfor eplalorl |
| Wc conducted our audit in accedence with International Standards on Auditing (UK) QSAs (UK)) and spplicsble lsw. Our rccponsibgities under those standards sre grriher described in the auditor neponsibilfdos fortboaudit ofthe Snencial statements section ofwn reporc Wewe independent of dro group and purest cbuitsble company in accordance with Ibe elhhd raqdtmnenls that sre relevant ta eur audit oftie Sneodsl statemwm io ihe UK, including the FIIC's Stidcal Standard, and we have Sdggcd our otbor ethical respossibilities m sccordsme with these ruq 'rwnonts. We bdieve that ihe audit evidence ws have obteiaed 6sugictem snd apprupriatc toprovide sbasis foreur opinien. |
| Coaelurioas rdsrisg to goiag saucers |
| ln audMag the Snsneial ststemenis, wc have concluded that thc tmstsaf useofthe geing concern basis ofeweunting inde ppsnnion oftho fmsncisl |
| staemams is sppmpriate. |
| Bated on the work we have peribnnod, we have aot idcntigel sny neterisl uncerisinties relating to events ar coediliore that, individselly or cohesively. msy east signi6esnt doubt an Se group end parent charitable company'e ability to metinua es a going eoncem Strs period ofst least nvelve mondrs flam wlue the Snaaciel ristwneats are audtorissd ge issua |
| Our rssponsibilitios and Ihe rmpeneilnTities ofthe trustses with respect m gniog aancem sre deswiiad inSewlevsnt sections sfthis report. |
| Ogter Iaformarisa |
| The other information comprises tbe iafonuetion indudcd ia the uusuas' snnual repwt, other then the &umcisl statements and cw auditor's mp crt thereon. The trustees are responsible for Seothe hdbrmstien eontsincd wiyhla tke smwal capet. Our opinion on Se financial statements does not cover Ihe other infonaalian snd, except to ge cxtcnt otherwise arplieitly ected in our repert, we do not aqxwe sny fons ofewurence condusion thereon. Our responsibility is to read the other infonnatioa sad, in doing so, cassider whcthcr the ether ingsnudire is msteridly Boonestent wgh Se Snandal sttemeats or our Imawledgc obtaiaed in fcecame ofthe audit ordkawlm sppews to be mcleriegy misected. Ifwc idcntiR such mdwial iaeonsistandcs ar appsrwt material misststements, wc sro required e deemee wkedmr this gives risc In s material mhststemcnt inse fmancial statements Ihemseives. Rhued on Ihe work we heirs pwfamted, we csaclude that thea is s materiel mmllatcmeat offels olher ingmnenon, wa are |
| rcouirsd tomowt that Set |
| We have ndhing to sepet in Ibis regard. |
| 0pioloss os ether matters precedbwl by the Comps nim Aet 2006 |
| In our opinion, based on ths work undertaken In thc coune ofthe audik ~ the information given in the tmstees' annual repwt (ireluding!he stratege rapori snd the dbactoni report) gn the snenricl year Su which Ibe |
| Snsncial statements sre prepared is comistent wnh thc Snaeeisl eetcmede snd |
| ~ the strategic report sad the diredors' repori have been prepared in eccardence with eppliesbla legal requtrenents. |
| Matters os wMcb we are required tsrcport by exception In the light ofom knowledge and mdersendisg ofthe gmup snd panmt chariwbie werpeny snd its envimnmeat olnsined iethe cowes ofthe audit, we have not identified materiel misstetements in Ihe shategic rcpmt end Ihctruswes' annual report |
| We have nothing to repwt in reaped ofthe foUowing msners in rois&m m which de Companies Act 2006 requhes us to rcpon to you if, in eur |
| opkrlDrc ~ adequate accounting records have not been lrept by the pwent charitabl owspsay, w relume adequate forour edit have not bccn received Smn |
| branches not visited by ux, or |
| ~ the parent chmitsble composite Iiwueiel statements sre no tin agreement with Seeocountins rewxds and tcturnvl cr |
| Income snd Expendltare Accouat | |||||
|---|---|---|---|---|---|
| I'ctsl Fuses | Teal Fuses | ||||
| 2821 | 2820 | ||||
| 8 | 6 | ||||
| income aml cadewmcnts fram: | |||||
| Douadons snd is&acies |
2 | 230,629 | 230,629 | 80,853 | |
| Charitable activities Othw uadbtg cctndties luvcabnents |
3 4 5 |
14,483~8 203~7 590 |
414~0 | 14,897,608 203~7 590 |
14,541.875 252376 1&,341 |
| Total tacclnc | 14,917,794 | 414,260 | 15,332,054 | 14,893,445 | |
| Expendlmre on'. Charitable activities |
6 | 13781908 | 387~9 | 14,169,147 | 13,807317 |
| Total expcadlturc | 13,781,908 | 387339 | 14,169,147 | 132107217 | |
| Net income/icxpenditure) | 1.135,886 | 27021 | 1 162,907 | 1.086228 | |
| Transfer's bcnrcen funds |
20 | 272121 | (27,021) | ||
| Nct movemrat In funds |
20 | 1,162„907 | 1,162,907 | 1,086228 | |
| Rmoucgtcgon effunds: Total funds brought fenvsrd |
20 | 15,420,111 | 15,420,1H | 14,333,883 | |
| Total loads carried forward | 20 | 16,583,818 | 16.583,018 | 15,420,111 |
| Bslaace Sheet | |||||
|---|---|---|---|---|---|
| stM March 2021 | Group | Group | Charity | Charlgi | |
| 2021 | 202,0 | 2021 | 2020 | ||
| 8 | 8 | 6 | 8 | ||
| Pated assed Tangible dern hvdtmcnls Total fixed assets |
13 14 |
9.058,143 93158,143 |
9Q65,584 9v265,584 |
9,033,025 20 9,033,045 |
9.243,857 20 9,243,877 |
| Current assed Debtom Cash at bank ead hhead 'Total earreat assets |
15 | 3ir38,896 5.612,030 9,550,926 |
5380,199 3,235,S58 8,515.757 |
3,975,190 5,542 736 9417,926 |
5,392$90 3.061,889 8,4S43179 |
| Current Uahgl tice Creditors: mnounls hging due within one year |
16 | (1,448,703) | (1,695,301) | (1,428,911) | (1,648,198) |
| Net current essed | g,ltiA223 | 6,820,456 | 8,089,015 | 6.806,681 | |
| Total assets less current lhbig ties | 17,160,366 | 16,086.040 | 17,122,060 | 16,050,558 | |
| Creditors: adoand fsgiag due alter more thea onc year | 17 | (577,072) | (665,6'10) | (577,072) | (665570) |
| Provisions for lhbiUUes | 19 | (276) | (259) | ||
| 16,583,018 | 15,420,111 | 16,544988 | 15,384,888 | ||
| Charity Punds Restricted gmds Unrestricted toads |
20 20 |
16.583,018 | 15,420,111 | 16,544,988 | 15/84, &88 |
| Total eharlty hinds | 20 | 16,583,018 | 15,420,111 | JA544988 | 15+84,888 |
| Ststemcst ofCash Flows and Consolidated gmtsneat ofCash Bows | |||||
|---|---|---|---|---|---|
| ForTbsYear faded 31March 2021 | |||||
| Group | Groap | Charity | Charity | ||
| 2021 | 2020 | 2021 | 2010 | ||
| Note | 8 | 8 | 0 | ||
| Cash flow hum operating activities |
22 | L591488 | 337,771 | 2,682,992 | 290,310 |
| Nct cash flew from operating acgvihcs | 2491,288337,771 | 2,682,992 | 290310 | ||
| Cash flmr 0om invesdng sage(ties Receipts fran sales oftaugtide flaed assets Payments to esquire tangible flsed assets Interest received |
(105'64) 590 |
4,854 (444,331) ID' 1 |
(92,593) 590 |
4,854 (435390) Ml,341 |
|
| Net cash flow from investing activldes |
(104,674) | (421,136) | (92,003) | (412,195) | |
| Cash flow from flnandng activities Repayment oflang tenn loans Internet paid |
(85,3$0) (24,762) |
(146338) (27300) |
(85 380) (24,762) |
(146,338) (27400) |
|
| Net cash flow from tinandag scfivibes |
(11D,142) | (173.$38) | (11D,142) | (173,$3$) | |
| Net Iecrcem I (decrease) laeach sod cash equivslcots | 2/76, 472 | (257,203) | 2,480,847 | (295,723) | |
| Cash aad cash equivalents at01.04.2020 | 3~5458 | 3,492,761 | 3,061,$$9 | 3,357A)2 | |
| Cash sud cash equivalents at3LDSA023 |
S,612.03D | 3%5,558 | 5,542,736 | 3,061,$89 | |
| Cash aed cash equivalents mns lets of: |
|||||
| Cash at bank snd in hand | 5,612,030 | yg35, 55$ | 5,542,736 | 3,061,8M | |
| Cash snd sash equlvaleets at 33ASA023 |
5jit2,030 | 3,235J5$5,542,736 | 3,061,8$9 |
| Accouating poficlcs |
|
|---|---|
| Company information The charity is s private company limited by guarantee snd is incorporated in sngbmd end wales. The ahhmr ofits reggae' ofiice is North Home, Feuyboat Lens, Sunderland, Tyne sed Wear. Stu 3RL |
|
| The membws ofthe company are the Tmstees named an page ig. In Ihe evm\ ofthc Charily being wound ap, the liebigty in respect ofIhe |
|
| auaumtoe is limited tofl per member ofthe Chsritv. |
|
| Basis ofprcparefion The Gmup snd Cbsrily financisl raucmum hme been pmysred in accordance wish the Statement ofRcoonmended Piscrice: "Aocmmgng snd Repmting by Cheritics proyw tag their accotmts in aceordsncc with the Financial Reporting samdmd sypficatde in thc UK end Republic of belsnd (FRS 102) "(SORF) Issued in October 2019 snd thc "Finsacisl Reporting Standard spyficable in gm Uniwd Kingdom snd Republic of belaud" (FRS102). They also comply with the reporting taquireuumtr ofthe Comymies Act2006and the Charities Aet2011. |
|
| The Gmup cad Charity constitutes ayublie beoefit enrity as defined by FRS102. |
|
| The Group snd ChsriU finsneiri ststemenw have been prepared on a going noncom basis, under Ihe hirouicsl cost comention, moiled m |
|
| indudc caiudn items atfair value. | |
| The primipal accounting policies applied in the preparation ofriw Group and charity finsadtd slabmwnw sre sm out below. Them policies have bees xadsdsmD applied to all ywus yresenteduahss otherwise stated. |
|
| Moneouy amouats inthere financial sIstemmus are stated m pounds sterliag end are muaded to Ihe nmucst wtude fl. |
|
| Going Cascara In order to assess the spyroprlatencss ofthe going concern assumption basic, the Trustees have conriidered tbc Gmup's gnmchri position, rmcnies md fomcam for tho gncseeable fuiain At the time of ayproving the finoncisl~tbe tnnteei have considmcd thc sssmnptions underlying thorn forecasm and gm imyact ofCovid-19 for the pmentlsl risks sfibmiag them Afier a mrisw, the 2)sstces thcmfom consider that there is a ressonmle~on that tha Group will bc, able to congnuo in opsudion snd meet its Rabiiitim m they MI due. There sre no materia unoertamrior about the Group's ability to eostiotm sr a going eoncem. |
|
| 24 | Basisof coaselidafiou The financial statements ofthe Charity oad its two subsidiary Companies ars consolidated, an a line by line basis Ie produce fiw Gmep financial statements. Tbc comolidsmd entity is regwmi toes 'Ihe Gmup'. 'Ibe Charity her Iakon advantage ofthe exemption ie section 408 ofthe Cempsnics Act 2006 fiom disriosing iu lndividmt ststcmcnt of |
| financial Acfivities. | |
| Ineomiag resources Ail iumming resources we Induded in the Suuement ofFinancial Arriivitics (SOFA) when fiw Charity istegrily entitled tothe Income afier any performance conditions have been met, the amount can be muuurwl reliably and itisyrobable that gw income will be mmivcd. |
|
| s. Donsgons For donstioos to be recogrrired the Charity will have bccn notified of Ihe amounts and the seulemeat date in wtitlng. If Ibwe eie conditions onachcd to the donation snd this requhcs s level ofperibrmasos bcfine entigement osn be obtahwd thea iacome isdcfmred until tluws conditions are fugy met or the iblfilmcnt ofthose condihons is wifidn the cmmoi ofIbcCharity snd itb ymbable that they |
|
| will bo fulfille. | |
| b. Iuveshaent income Interest on itmds held on deposit Ir iseluded when rcceivetric snd thc amount can be measured reliably by the Charity. c. Govcrnmmlt gralltil Inoome itom government grsncs is recognised when the Charity bsr cntitlmnent tothe gmds sad sny~coatgfiom tmacbed to |
|
| the gmnt!i have bww trice | |
| d, Legacim Legacies sre recognbtad atthe csriicr oftbe Charity being nohficd ofsannpending dislrlburien or tbc legacy being rcceivwL |
| tocomc Rom Invmnmns | Rclrllcnd | Teal pllmlr | Terat mlllce | ||||
| mnvh | Punic | RIXS | 2II20 | ||||
| 8 | 6 | 8 | 6 | ||||
| 59D | IB 41 | ||||||
| The grtmpb iavcsanest income mine fram mooey hahl | withia interest bamog deposit | nxomds sad is mtnbulablc to | umestrichd funds, |
||||
| Analysh of espcadlture | oschartmble | sctivhica | 'Note | rucueu ~calsrc cseilu |
swmrlmcl | 2022 | 2020 |
| 6 | f. | 8 | |||||
| Aduh services fees | 9411,726 3,129,180 |
785.321 762,500 |
9,997,047 3,8912180 |
9.797321 3,728yt68 |
|||
| Gdhge yam | 275861 | 4,559 | 280.420 | 28152$ | |||
| Suhadlsry undcrtstdngr |
cspenditme | 12ÃSR767 | 1.552380 | 14,169,147 | 13.807317 |
| Grasp' | Group | Charity | Charity |
|---|---|---|---|
| 2021 | 2020 | 2lni | 1MO |
| 5 | 8 | ||
| I,S96,540 | 2,464900 | I,885992 | 2,456,413 |
| 99344 | 227,913 | ||
| 98943 | 78993 | 91942 | 69,050 |
| 1,943.713 | 2,737 16 | 1898 12 | 6396I4 |
| 3,9383Rd | 5980,199 | 39/5, 190 | 5992990 |
| Group | Group | Cheeky | Charity |
|---|---|---|---|
| 2021 | SIRO | SIR3 | RGO |
| 8 | 3 | ||
| 87952 | 84934 | s79M | 84,134 |
| l53,581 | 191917 | ISMSI | 191.620 |
| OS.735 | 300962 | 68,73S | 272,512 |
| 65Ir862 | 673.163 | 650926 | 670986 |
| 112.182 | 166,802 | 164945 | 155,93!i |
| 315,491 | 278 | 304 | 273 60 |
| trt48,703 | 1,695.301 | 1,428,911 | ISIS.ISS |
| 17 | Crcdimrm amounts | DBlng due alter more thea oacyear | Groap | Group | Charily | Charity |
|---|---|---|---|---|---|---|
| 2021 | 2020 | ZID1 | ZINO | |||
| 8 | 5 | 6 | ||||
| 577072 | 665 6'70 | 577072 | II65 6'JO | |||
| Bank lemu | 577gl2 | 665,670 | 517,072 | 6655170 |
| Notes tc dlcSasachl ststnanlm | Notes tc dlcSasachl ststnanlm | |||||||
|---|---|---|---|---|---|---|---|---|
| For | The Year Ended 31MmehRDI | |||||||
| 20 | Fund rceondgsdca | Eahace | Dab nce | |||||
| Group (Carrcal Year) | At 01$142020 6 |
Income | Expcndhure 8 |
lh I Gains I Oocmcl 6 |
Trna sthm 8 |
At 31ALNII |
||
| Unrectrkhd Omdn General reecrva |
6$t04231 | 14,917,794 | (13,781DOS) | 149,082 | 8,189299 | |||
| Designated hade Fixed asset huul Total unrcctrlcted hnxh |
8 15780 15.420,111 |
14,917.794 | (13,781IDS) | 122.061 27,021 |
3719 16483,018 |
|||
| Restrbted funds: | ||||||||
| Tyae uxl Wear Care Agisncs ESFA - hdepcodeet 0peeiclhi Provtdem ESSA.Indepeadent Speciclist Pmvldets Ioh Icccouon schclnc Covid 19Supped funds Total rcstrhhd hnds |
11200 (IID 00) 20DH 6369 115208 (115,808) 21031 414260 (NFD39) |
(20,652) (6&9) (27,021) |
||||||
| I5,420,III | 15',054 | (14,169,147) | 16,583,0!I | |||||
| Science | Eslmlcc | |||||||
| Group (Prior Year) | At | Inconu 6 |
Expmtdllurc d |
Gchu I (losses) 8 |
Trslnfms | At 31$1$20$0 8 |
||
| Uarmnictcd frmdst Gsucrcl nncrve |
6.107,814 | 14,7'74,7N | (13,785,137) | (193,135) | 6~4231 | |||
| Declgncted funds | 289711 | S,515780 | ||||||
| Fixed am& fund Total unrestricted fuadc |
14333,883 | 14.774,709 | (13,7S5,137) | 96,576 | 15,420,111 | |||
| Restricted funds: Tyne md Wear Cere Agianee |
22.0SO 70.000 |
(22.0N) | ||||||
| ThcWolhon Foundstios ESFA -Indepeadcat taxd 'slid Providon |
20,652 | |||||||
| ESFA - Indepeadest Spaialist Pmviden Total restricted hmdc |
118,656 | (22ytgd) | (96,576) | |||||
| 14.333,8N | 14,N3.445 | (I3,S07317) | 15,420,111 |
| For | The Teer Bmkd 31M | aah 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 21 | Ansbnls of nct meets | between funds | oemeeesea | ~ ceeenecc | aemeeala | 2011 | |||||
| Group fund balances | st31Marsh M21aee repioseaied | by: | 6 | 6 | |||||||
| Tangible fha! assets | 9,058,143 | 9.0S8,143 | |||||||||
| Invcssn sots Curtest assets Cunent licbpides Leal teno lisMiths Total |
9PSOP26 GPMPSI) '76 8.1$9P99 |
(87PS2) 577,072 8P93,719 |
9.SS0P26 (1.448,703) 57734 16P83.018 |
||||||||
| a~ace | emeaelea | sexaacaca | M20 | ||||||||
| Group lund balsaces | at 31Marsh 2020arc rcpmsenlal | ign | |||||||||
| Tsneible Sxcdsame | 9265P$4 | 9,2SS,S84 | |||||||||
| hvrstm ants Cunast assets Cwmdliabiiilies |
BPIS,'/51 Q.611,161) |
(84,134) | $51S,757 (IPPSP01) |
||||||||
| Iong leon liabgitks Total |
6,904PSI | ILSI5780 | 15,420,111 | ||||||||
| aeeaexl leer | arcs | eeIea | seesal seel | Ã21 | |||||||
| Charily fend bahacm at31INarcb 2021sre represealal | by: | 6 | 8 | 8 | |||||||
| Tangiloe fixed assets | 20 | 9,033,025 | 9,033P25 | ||||||||
| Inverunents Cunsat Cscots Cuneut lisbihtics |
9PI7,926 (IPCI.$59) |
(87352) 577072 |
9,511,926 (1,428,91) (577,072 |
||||||||
| Lang tarn liabgitics Total |
8,176P87 | $P6$,601 | 16,544388 | ||||||||
| oleeeaeosldls | Ixonelelfwcl | amlieaamr | |||||||||
| Cbsrhy land bahnces at31March Se20sre mprcsealed | byl | 8 | |||||||||
| 9P43PI51 | 9,243,857 | ||||||||||
| Tangible Sxcdcaela | 20 | ||||||||||
| lave marcus | 8,4$4P79 | 8,4S4,879 | |||||||||
| Current assca Canait IlsMities lang term liabilities |
(IP64.0d4) ($4,134) 665 670 6P90 8358494053 |
(1,648,19$) 66537@0 15.384,88$ |
|||||||||
| Total | |||||||||||
| tacoma/(expenditure) | |||||||||||
| 22 Notes to the Cash phu mstement s) Eeconcilladon efnst teaclcash |
Iloa from apcralhg actbsdm | Group 2021 |
Greup 2020 |
Charity 2031 |
Charily 2010 |
||||||
| f. | 8 | ||||||||||
| Nct Inixune / (aipeadltstc) for Ibcymr | I,I62P07 (S90) |
IP86P2$ (1$P41) | 1,160.108 (S90) |
IP37P01 (1$,34I) |
|||||||
| bltctmt roaiiveble | 24,762 | 27P00 | 24.762 | 27,500 | |||||||
| latacsl payable Depieccnoa ofIaEtble Sad cscots (Pro6t)/ IOSSOa diepumi Oftanpble SXed SSSCa |
312P25 17 |
299P52 (3,84$) 179 |
303345 $0 |
293,8'/3 (3,848) |
|||||||
| Pnwisionc lees psymwts Caacase) / decmmo in debars |
IPCIP03 49 816 |
(1,3dlP63) MIP63 |
1,41'/,$00 05 |
(IP29PM) 284 I |
|||||||
| iamane /(decrease) in crahtom Nm aab Sow Sun opasting activities |
2,59IP8$ | 337771 | 2,6$2P92 | 290PI0 |