Company registration number: 02376432 Charity registration number: 1038962
## New Forest Mencap
(A company limited by limited guarantee)
Annual Report and Financial Statements for the Year Ended 31 May 2021
Westlake Clark Limited Chartered Accountants 7 Lynwood Court Priestlands Place Lymington Hampshire SO41 9GA
## **New Forest Mencap**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees’ Report|2 to 4|
|Statement of Trustees’ Responsibilities|5|
|Independent Examiner’s Report|6|
|Statement of Financial Activities|7 to 8|
|Balance Sheet|9|
|Notes to the Financial Statements|10 to 20|
## **New Forest Mencap**
## **Reference and Administrative Details**
## **Trustees**
M Ahearn (appointed February 15[th] 2021, resigned April 23[rd ] 2021) A J Almeida (appointed February 15[th] , 2021)
V J Bowyer
W A Breach (resigned February 15[th] , 2021)
D S W Lansdowne (appointed May 19[th] , 2021)
D Locke (resigned February 15[th] , 2021)
P Pegram
M J Snell CBE (appointed February 15[th] , 2021)
> Principal Office: Nedderman Centre Marryat Road New Milton
BH25 5NY
Company Registration Number: 02376432 Charity Registration Number: 1038962
**Independent Examiner:**
Westlake Clark Limited Chartered Accountants 7 Lynwood Court Priestlands Place Lymington Hampshire SO41 9GA
Page 1
## **New Forest Mencap Trustees’ Report**
The Trustees, who are Directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 May 2021.
## **Objectives and activities**
## _**Objects and aims**_
New Forest Mencap provides support and services for people with a learning disability in the New Forest area, their families, dependants and carers, which will benefit them and improve their quality of life.
## _**Public Benefit**_
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## _**Achievements and performance**_
The impact of the coronavirus pandemic and subsequent lockdown has been continuous throughout the year. As a result, all our activities were conducted remotely, including the 2020 AGM which was delayed until February 15[th] , 2021.
Our charity shop in New Milton remained closed until April 2021, leading to a 30% decline in takings compared to last year. The closure of our Nedderman Centre contributed to a 60% reduction in rental income over the same period. As a consequence, our trading income has been reduced by 44%. With good control over expenditure and the benefit of furlough grants, we have nevertheless achieved a net profit of just under £7,000 and net current assets of just over £90,000 carried forward at May 31[st] 2021. Our cash in the bank and at hand is £100,680.
Despite, or rather because of, the challenges we have husbanded our resources carefully whilst maintaining an important on-line presence for a significant number of people with learning disabilities across the New Forest. Activities have included fitness sessions, seated and floor yoga, healthier eating and dancing. Our older carers parents’ forum has continued to meet. The Brockenhurst and New Milton Gateway Clubs have both met weekly via Zoom. We are grateful to many people for making these opportunities possible, including our Project Development Officer and Office Administrator, Gateway Club staff and the host of volunteers on whom we depend.
Our thanks go to a number of external funders, including The Edward Gostling, Arnold Clarke and Lloyds Bank Foundations, the Hampshire and Isle of Wight Community Fund, Sport England, the National Lottery and Royal Mencap Society, Hampshire County Council and the New Forest District Council. We continue to search proactively for new sources of funding and have made progress with a potentially significant application to the National Lottery Community Fund.
## _**Governance**_
The AGM in February 2021 led to a number of changes in Trustee membership. Acting Chairperson Pauline Pegram is to be congratulated for ensuring the continuity of governance at a particularly difficult time and our thanks go to retiring Trustees for their contributions. Mike Snell was elected as the new Chair along with Tony Almeida and Mike Ahearn as Treasurer. Pauline Pegram and Valerie Bowyer were both re-elected for a further year, contributing to a healthy trustee membership of five. Mike Ahearn resigned as Treasurer in April and Simon Lansdowne was co-opted as a Trustee in May. Robert Amis was appointed Treasurer in May and joined by Claire Shanley as shadow Company Secretary; it is expected that both will submit their applications as trustees at the forthcoming AGM in November 2021.
Page 2
## **New Forest Mencap Trustees’ Report**
All Directors of the Company are also Trustees of the Charity. The Trustees who served throughout the year are detailed on the Company Information page. The Board has power to appoint additional Trustees subject to the limitations set out in the Memorandum and Articles of Association.
Trustees have designated roles and meet monthly. Good teamwork has contributed to a substantial upturn in activity. New Forest Mencap is well situated both to continue its current work and to extend its sphere of influence. Partnership working will be increasingly important given the limited resources available. Trustees are determined to make a positive difference to the lives of people with learning disabilities in the New Forest. We therefore look forward to the future with optimism, taking advantage of opportunities and rising to the challenges. Our members deserve nothing less.
Trustees extend their thanks to all who have supported New Forest Mencap during a difficult period for all and particularly for people with learning disabilities. We are indebted to our staff who have worked tirelessly to maintain a service for those we exist to serve.
## **Financial review**
## _**Policy on reserves**_
In 2017 Trustees adopted a Reserves Policy which required the company to keep a reserve of £6,000 stating that ’Bills are paid promptly and are not usually large’, leading to the conclusion that New Forest Mencap has no forward obligations to suppliers. More significantly it was assumed that there were no ongoing charitable activities performed by NFM excepting the activities funded by Restricted funds and the normal activities of the two Gateway Clubs which managed their own reserves. Other central activities were considered to have been substantively administrative and to have been funded by two significant sources of income: the Nedderman Centre hire; and net revenues from the Charity Shop in New Milton. It was recognised that there might be activities and therefore positions that needed to be funded but the policy mandated that funds needed to be in place to cover any additional costs.
Following the onset of Covid-19 and the various lockdowns, NFM’s position altered because: 1) Hall rental reduced in the year-ended May 31[st] 2021 by 60% over the previous year, since when the remaining major hirer also withdrew, to the point that what had been worth about £18k annually before lockdown, has now been reduced to less than £2k per year; 2) Shop revenues were down 29% in 2021 over the previous year. These are now recovering close to previous levels and contribute about £12k net of costs per year.
NFM centrally, excluding Restricted Funds and the Gateway Clubs, generates approximately £12k per annum where it had generated more than £30k in previous years. At the same time, the needs of adults in the New Forest with learning disabilities and their carers have only increased.
In response to the impact of the pandemic, Trustees have decided on a more ambitious future for New Forest Mencap, aimed at both increasing and improving the opportunities and support for people with learning disabilities in the area. Significant bids for external funding have been made, anticipating increased levels of expenditure in the medium term. As a result, Trustees consider it prudent to calculate an appropriate level of reserve based on the level of planned expenditure excluding the projects restrictively funded by donors. On that basis, a target reserve of £40,500 has been set, based on budgeted annual expenses of £40,500 for the year ended May 31[st] , 2022.
In July 2020, Trustees decided that Gateway Club reserves should be designated as part of the unrestricted reserves. These appeared as £17,457 for Brockenhurst Gateway Club (BGC) and £6,425 for New Milton Gateway Club (NMGC). For the year ended May 31[st] , 2021, the named cash and deposit accounts for the two clubs were as follows: BGC £16,984, NMGC £19,578. A notional reserve of £3,000 is additionally attributed to the BGC. The understatement of the NMGC reserve in 2020 and the overstatement of the BGC reserve in 2019 (£42,271) have led in part to Trustees reverting to the earlier practice of identifying two categories of reserve, restricted (intended for a specific purpose or outcome) and unrestricted (intended for general use by the Company). On this basis the general reserve at May 31[st] , 2021, is £67,564, the restricted reserve £ 28,002.
Page 3
The Gateway Clubs’ reserve balances are held in part as deposits in the COIF Charities Deposit Fund, and also as balances in standard clearing bank accounts. Whilst consolidating the respective Clubs’ control over their own funds, Trustees believe that planning together with the Gateway Clubs will lead to financial plans and activities complementing each other with significant value added as a result. The annual report was approved by the Trustees of the Charity on October 15[th] , 2021.
M.J.Snell CBE
Chair New Forest Mencap
Page 4
## **New Forest Mencap Statement of Trustees' Responsibilities**
The trustees (who are also the directors of New Forest Mencap for the purposes of company law) are responsible for preparing the trustees' report and the United Kingdom Accounting Standards preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, of including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees of the charity on 18th October 2021 and signed on its behalf by:
M.J. Snell CBE Trustee
Page 5
New Forest Mencap
Independent Examlner's Report to the Trustees of New Forest Mencap
We report to the charity Trustees on our examination of the accounts of the charity for the year
ended 31 May 2021 which are set out on pages 7 to 20.
Respective responsibilities of Trustee5 and examiner
As the Charity's Trustees of New Forest Mencap land also its directors for the purposes of companv
lawl you are responsible for the preparation of the accounts in accordance with the requirements of
the Companies Act 20061'the 2006 ACYI.
Having satlsfied ourselves that the accounts of New Forest Mencap are not required to be audited
under Part 16 of the 2006 Act and are eligible for independent examination, we report in respect of
our examination of your charity's accounts as carried out under section 145 of the Charities Act 2011
I'the 2011 Act'l. In carrying out our examination we have followed the Directions Eiven by the
Charity Commission under section 1451Sllbl of the 2011 Act.
Independent examiner's statement
We have completed our examination. We confirm that no matters have come to our attention in
connection with the examination giving us cause to believe..
accounting records were not kept in respect of New Forest Mencap as required by section 386
of the 2006 Act- or
2. the accounts do not accord with those records,. or
3. the account5 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 lapplicable to
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 10211.
We have no concerns and have come acr05S no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Westlake Clark Limited
Chartered Accountants
7 Lynwood Court
Priestlands Place
Lymington
Hampshire
S0419GA
18 October 2021
PaEe 6
## **New Forest Mencap Statement of Financial Activities for the Year Ended 31 May 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note:**
**Income and Endowments from**
Donations and fundraising:
3
Other Trading activities
4
Investment income
5
Total Income
Expenditure on:
Raising funds
6
Charitable activities
7
Total Expenditure
Gains/Losses on Investment Assets
Net income /(expenditure)
Transfers Between funds
Net Movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
18|**Unrestricted**
**funds**
**£**
37,448
20,345
128
57,921
(1,350)
(49,107)
(50,457)
(154)
7,310
3,600
10,910
75,858
86,768|**Restricted**
**funds**
**£**
34,924
-
-
34,924
-
(35,399)
(35,399)
-
(475)
(3,600)
(4,075)
35,779
31,704|**Total**
**2021**
**£**
72,372
20,345
128|
|---|---|---|---|
||||92,845|
||||(1,350)
(84,506)|
||||(85,856)
(154)|
||||6,835
-|
||||6,835
111,637|
||||118,472|
Page 7
## **New Forest Mencap Statement of Financial Activities for the Year Ended 31 May 2021**
## **(Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note:**
**Income and Endowments from**
Donations and fundraising:
3
Other Trading activities
4
Investment income
5
Total Income
Expenditure on:
Raising funds
6
Charitable activities
7
Total Expenditure
Gains/Losses on Investment Assets
Net (expenditure)/income
Transfers Between funds
Net Movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
18|**Unrestricted**
**funds**
**£**
67,079
33,732
374
101,185
(8,497)
(83,804)
(92,301)
-
8,884
70,305
79,189
(3,331)
75,858|**Restricted**
**funds**
**£**
47,790
-
-
47,790
(540)
(70,741)
(71,281)
-
(23,491)
(70,305)
(93,796)
129,575
35,779|**Total**
**2020**
**£**
114,869
33,732
374|
|---|---|---|---|
||||148,975|
||||(9,037)
(154,545)|
||||(163,582)
-|
||||(14,607)
-|
||||(14,607)
126,244|
||||111,637|
Page 8
## **New Forest Mencap**
## **(Registration number: 0237 6432) Balance Sheet as at 31 May 2021**
|**Note**
**Fixed Assets**
Tangible Assets
12
**Current Assets**
Stocks
13
Debtors
14
Investments
15
Cash at Bank and in hand
16
Creditors: amounts falling due within one year
17
**Net current assets**
**Net assets**
for the Year Ended 31 May 2021
**Funds of the Charity:**
**Restricted income Funds**
Restricted funds
18
**Unrestricted income Funds**
Unrestricted funds
**Total Funds**
18|**2021**
**£**
19,277
1,200
2,862
3,136
97,544
104,742
(5,547)
99,195
118,472
31,704
86,768
118,472|**2020**
**£**
21,419
2,331
4,871
3,290
92,829|
|---|---|---|
|||103,321
(13,103)|
|||90,218|
|||111,637|
|||35,779
75,858|
|||111,637|
For the financial year ending 31 May 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## Directors' responsibilities:
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
The directors acknowledge their responsibilities for complying with the Act in respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements on pages 6 to 19 were approved by the trustees and authorised on 18 October 2021 and signed on their behalf by:
M. Snell Trustee
Page 9
## **New Forest Mencap**
## **Notes to the Financial Statements for the Year Ended 31 May 2021**
## **1 Charity status**
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £ Nil towards the assets of the charity in the event of liquidation.
The address of its registered office is: Nedderman Centre Marryat Road New Milton BH25 5NY
## **2 Accounting policies**
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
## **Basis of preparation**
New Forest Mencap meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Income and endowments**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of the income receivable can be measured reliably.
## **Donations and legacies**
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity, and it is probable that these conditions will be fulfilled in the reporting period.
Page 10
## **New Forest Mencap**
## **Notes to the Financial Statements for the Year Ended 31 May 2021**
## **Grants receivable**
Grants are recognised as and when they are received, based upon recognition of the costs of projects and other purposes in which they relate.
## **Investment income**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregates similar costs to that category.
## **Raising funds**
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
## **Charitable activities**
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Governance costs**
These include the costs attributable to the charity's compliance with constitutional and statutory audit, strategic management and trustees' meetings and reimbursed expenses.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 1l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £1,000.00 or more are initially recorded at cost.
Page l1
## **New Forest Mencap Notes to the Financial Statements for the Year Ended 31 May 2021**
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, over their expected useful economic life as follows:
**Asset class Depreciation method and rate** Land and buildings Over the remaining period of the lease to 25[th] March 2030 Furniture, fixtures and equipment 25% reducing balance
## **Current asset investments**
Current asset investments are included at the lower of cost and net realisable value / market value.
## **Stock**
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow-moving stocks. Cost is determined using the first-in, first-out accounting method (FIFO).
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Trade creditors**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers, Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees’ discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Page 12
## **New Forest Mencap Notes to the Financial Statements for the Year Ended 31 May 2021**
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
## **3. Income from donations and fundraising**
|Appeals and Donations
Fundraising Activities
Grants Receivable
Subscriptions
Furlough
Covid Grant from New Forest DC
Gift Aid|**Unrestricted**
**Funds**
**£**
2,732
(595)
15,022
480
6,363
13,446
-
37,448|**Restricted**
**funds**
**£**
-
-
34,924
-
-
-
-
34,924|**Total**
**2021**
**£**
2,732
(595)
49,946
480
6,363
13,446
-
72,372|**Total**
**2020**
**£**
17,966
9,296
82,983
4,404
-
-
220|
|---|---|---|---|---|
|||||114,869|
## **4. Income from other trading activities**
|**4. Income from other trading activities**||||
|---|---|---|---|
|Trading Income:
Sales of Goods and Services
Property Rental income|**Unrestricted**
**Funds**
**£**
12,880
7,465
20,345|**Total**
**2021**
12,880
7,465
20,345|**Total**
**2020**
**£**
16,799
16,933|
||||33,732|
Page 13
## **New Forest Mencap**
## **Notes to the Financial Statements for the Year Ended 31 May 2021**
## **5. Investment Income**
|**Unrestricted**
**Funds**
**£**
Income from dividends:
Dividends receivable from other investments
**-**
Interest receivable and similar income:
Interest Receivable on Bank Deposits
128
128
**6. Expenditure on raising funds**
**Direct Costs**
**£**
Cost of generating donations and fundraising
1,350
1,350
**7. Expenditure on charitable activities**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**£**
**£**
49,107
35,399
49,107
35,399
Cost of generating donations and
fundraising|**2021**
**£**
**-**
128
128
**2021**
**£**
1,350
1,350
**2021**
**£**
84,506
84,506|**2020**
**£**
-
374|
|---|---|---|
|||374|
|||**2020**
**£**
9,037|
|||9,037|
|||**2020**
**£**
154,545|
|||154,545|
## **8. Net incoming/outgoing resources**
Net incoming/outgoing resources for the year include:
Depreciation of fixed assets
|**2021**
**£**
2,142
2,142|**2020**
**£**
2,550|
|---|---|
||2,550|
## **9. Trustees' remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees, nor any persons connected with them, have received any reimbursed expenses or any other benefits from the charity during the year.
Page 14
## **New Forest Mencap Notes to the Financial Statements for the Year Ended 31 May 2021**
## **10. Staff Costs**
The aggregate payroll costs were as follows:
|**10. Staff Costs**
The aggregate payroll costs were as follows:|||
|---|---|---|
|**Staff costs during the year were:**
Wages and salaries
Pension costs|**2021**
**£**
38,143
643
38,786|**2020**
**£**
42,915
1,303|
|||44,218|
## **11. Taxation**
The company is a registered charity and therefore exempt from taxation.
## **12. Tangible Fixed Assets**
|**Cost**
At 1 June 2020
At 31 May 2021
**Depreciation**
At 1 June 2020
At 31 May 2021
**Net Book Value**
At 1 June 2020
At 31 May 2021|**Land and**
**Furniture and**
**Buildings**
**equipment**
**£**
**£**
88,291
29,433
88,291
29,433
66,872
29,433
69,014
29,433
21,419
-
19,277
-|**Total**
**£**
117,724|
|---|---|---|
|||117,724|
|||96,305|
|||98,447|
|||21,419|
|||19,277|
Included within the net book value of land and buildings above is £ Nil (2020 £ Nil) in respect of freehold land and buildings and £19,277 (2020 £ 22,133) in respect of freeholds.
Page 15
|**13. Stock**
Stocks
**14. Debtors**
Trade Debtors
**15. Current Asset Investments**
Unit Trust
**16. Cash and cash on hand**
Cash on hand
Cash at bank
**17. Creditors falling due within one year**
Trade Creditors
Other taxation and social security
Accruals
Other Taxation and social security includes the following liabilities:
PAYE
Pension Creditor
Wages Control|**2021**
**£**
1,200
**2021**
**£**
2,862
**2021**
**£**
3,136
**2021**
**£**
-
97,544
97,544
**2021**
**£**
-
4,767
780
5,547
**2021**
**£**
(153)
76
4,843
4,766|**2020**
**£**
2,331
**2020**
**£**
4,871
**2020**
**£**
3,290
**2020**
**£**
-
92,829|
|---|---|---|
|||92,829|
|||**2020**
**£**
10,532
1,791
780|
|||13,103|
|||**2020**
**£**
786
70
935|
|||1,791|
Page 16
## **New Forest Mencap**
## **Notes to the Financial Statements for the Year Ended 31 May 2021**
## **18. Funds**
|**Balance at**
**01-Jun-20**
**£**
**Unrestricted Funds**
General
75,858
**Total Unrestricted Funds**
75,858
**_Restricted Funds_**
5,095
3,264
6,833
2,942
6,875
10,000
-
-
-
-
-
-
-
-
770
35,779
**Total Funds**
111,637
Lloyds Bank (React) or PPE
Friends of Fernmount
Grants (Co-Op)
Gerald Micklem Gateway awards
Henry Smith
Lloyds Bank Foundation - Enable
(Parents of LD 40+)
Garfield Weston
Sports England - Activities (Small
Grants)
Royal Mencap Society - Healthier Me
Royal Mencap Society - Tackling
Inequalities 1
National Lottery -Local Community Fund
Hampshire and IOW Foundation - Enable
Hampshire and IOW - We're All Together
(Digital Drop in Project)
Royal Mencap Society - Let's Get
Digital
Research
**Total Restricted Funds**|**Incoming**
**Resources**
**£**
57,921
57,921
-
-
-
-
4,885
-
9,915
6,181
3,500
3,378
2,689
1,196
3,180
-
-
34,924
92,845|**Resources**
**Expended**
**£**
(50,457)
(50,457)
(115)
-
(6,833)
(68)
(5,337)
(6,400)
(4,517)
(6,181)
-
(1,141)
(2,623)
(1,196)
(218)
-
(770)
(35,399)
(85,856)|**Transfers**
**£**
3,600
3,600
-
-
-
-
-
(3,600)
-
-
-
-
-
-
-
-
-
(3,600)
-|**Other**
**Recognised**
**gains/(losses)**
**£**
(154)
(154)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(154)|**Balance at**
**31-May**
**2021**
**£**
86,768|
|---|---|---|---|---|---|
||||||86,768|
||||||4,980
3,264
-
2,874
6,423
1
5,398
-
3,500
2,237
66
-
2,962
-
-|
||||||31,705|
|||||||
||||||118,472|
Page 17
## **New Forest Mencap Notes to the Financial Statements for the Year Ended 31 May 2021**
## **18. Funds**
|**Unrestricted Funds**
**_General_**
General
**_Designated_**
Brockenhurst Gateway
New Milton Gateway
**Total Unrestricted Funds**
**_Restricted Funds_**
Friends of Fernmount
Stephen Rhodes Award
Activities
Grants
Grants
Henry Smith
Research
Workshops
Gateway Awards
Lloyds
Garfield Weston
**_Total Restricted Funds_**
**_Total Funds_**|**Balance at**
**01-Jun-19**
**£**
(3,331)
42,271
12,428
54,699
51,368
8,127
500
100
32,908
16,750
-
5,310
2,192
8,989
-
-|**Incoming**
**Resources**
**£**
86,179
11,967
3,039
15,006
101,185
1,401
-
-
-
13,693
8,000
-
-
4,724
9,972
10,000|**Resources**
**Expended**
**£**
(76,738)
(11,587)
(4,191)
(15,778)
(92,516)
(2,459)
(100)
-
(3,996)
(51,728)
(1,167)
(4,540)
-
(4,194)
(3,097)
-|**Transfers**
**£**
45,647
(25,194)
(4,847)
(30,041)
15,606
(1,974)
(400)
(100)
(25,648)
21,285
-
-
(2,192)
(6,577)
-
-|**Other**
**Recognised**
**gains/(losses)**
**£**
215
-
215
-
-
-
-
-
-
-
-
-
-
-|**Balance at**
**31-May**
**2020**
**£**
51,972
17,457
6,429|
|---|---|---|---|---|---|---|
|||||||23,886|
||||||||
|||||||75,858|
|||||||5,095
-
-
3,264
-
6,833
770
-
2,942
6,875
10,000|
||74,876|47,790|(71,281)|(15,606)|-|35,779|
||||||||
||126,244|148,975|(163,797)|-|215|111,637|
Page 18
## **New Forest Mencap**
## **Notes to the Financial Statements for the Year Ended 31 May 2021**
## **19. Analysis of net assets between funds**
||**Unrestricted**|||
|---|---|---|---|
||**funds**|||
|||**Restricted**|**Total funds at**|
||**General**|**funds**|**31 May 2021**|
||**£**|**£**|**£**|
|Tangible fixed assets|-|19,277|19,277|
|Current assets|92,315|12,427|104,742|
|Current liabilities|(5,547)|-|(5,547)|
|Total Net Assets|86,768|31,704|118,472|
||**Unrestricted**|||
||**funds**|||
|||**Restricted**|**Total funds at**|
||**General**|**funds**|**31 May 2020**|
||**£**|**£**|**£**|
|Tangible fixed assets|-|21,419|21,419|
|Current assets|88,961|14,360|103,321|
|Current liabilities|(13,103)|-|(13,103)|
|Total Net Assets|75,858|35,779|111,637|
Page 19
## **New Forest Mencap Notes to the Financial Statements for the Year Ended 31 May 2021**
The specific purposes for which the funds are to be applied are as follows:
## **Restricted funds**
Friends of Fernmount - this income was received for specific purposes.
Grants - this fund is for specific ongoing grant projects.
Henry Smith - this fund was for specific ongoing grant projects completed during the financial year. Gerald Micklem Gateway Awards – this income was received for specific purposes. Lloyds Bank Enable - this income was received for specific purposes.
Garfield Weston - this income was received for specific purposes. Sports England - this income was received for specific purposes. Lloyds Bank React - this income was received for specific purposes.
Royal Mencap Society Healthier Me - this income was received for specific purposes. Royal Mencap Society Tackling Inequalities - this income was received for specific purposes. Royal Mencap Society Let’s Get Digital - this income was received for specific purposes. National Lottery – Local Community Fund - this income was received for specific purposes. Hampshire and Isle of Wight Foundation Enable - this income was received for specific purposes. Hampshire and Isle of Wight Foundation We’re All Together - this income was received for specific purposes.
Research - this was a one-off grant to fund research by the University of Bath the project concluded during the year.
## **General funds**
These are un-allocated and to be used for general charity purposes.
Page 20