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|||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|||
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|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||
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